325 CAPITAL LLC

CIK

1873893

Location

NEW YORK, NY

Portfolio Value

Small $513,133,459

Diversification

Highly concentrated

Filing Date

Global Rank

#2,570 / 8,605 ▼ 122 · as of Mar 2026

Top Industry

Electronic Components 47.7%

3Y Alpha vs SPY

+30.6%

Period ended 3 months ago

Filed May 15, 2026 · 55d

18 quarters · since Dec 2021

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

-39.4%

SPY

+76.0%

Annualised alpha

-36.1%

Max drawdown

−70.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

12 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

47.7%

−4.7 pts

Top 5

81.8%

+0.5 pts

Top 10

98.2%

+1.4 pts

HHI

2,665

Highly concentrated−359

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	54.2%	$278,177,609	4
Consumer Defensive	13.1%	$67,330,676	1
Industrials	12.1%	$62,194,818	2
Healthcare	11.6%	$59,278,487	3
Communication Services	4.6%	$23,823,997	1
Consumer Cyclical	4.4%	$22,327,872	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
DBD	DIEBOLD NIXDORF, Inc	+48,683	242,084	$18,262,816
No positions match the current search.

Trimmed

Positions the filer reduced

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
APEI	American Public Education Inc	−344,771	1,183,732	$67,330,676
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
ATRO	Astronics Corp	70,000	$3,030,167
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

12 positions · $513,133,459 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSAI	MultiSensor AI Holdings, Inc. Technology	Held	26,489,912	0	$244,766,786	−19.8%	47.70%
APEI	American Public Education Inc Consumer Defensive	Reduced	1,183,732	-344,771	$67,330,676	+16.5%	13.12%
ASTH	Astrana Health, Inc. Healthcare	Held	1,839,076	0	$45,094,143	−1.2%	8.79%
BLBD	Blue Bird Corp Industrials	Held	679,826	0	$38,607,318	+20.8%	7.52%
MGNI	Magnite, Inc. Communication Services	Held	2,005,387	0	$23,823,997	−26.8%	4.64%
SPIR	Spire Global, Inc. Industrials	Held	1,875,000	0	$23,587,500	+67.7%	4.60%
MPAA	Motorcar Parts Of America Inc Consumer Cyclical	Held	2,018,795	0	$22,327,872	−10.4%	4.35%
DBD	DIEBOLD NIXDORF, Inc Technology	Added	242,084	+48,683	$18,262,816	+39.1%	3.56%
AIOT	Powerfleet, Inc. Technology	Held	3,837,410	0	$11,819,222	−42.1%	2.30%
LFCR	Lifecore Biomedical, Inc. \De\ Healthcare	Held	2,162,466	0	$8,044,373	−54.5%	1.57%
BTMD	biote Corp. Healthcare	Held	4,548,127	0	$6,139,971	−48.1%	1.20%
TACT	Transact Technologies Inc Technology	Held	1,011,789	0	$3,328,785	−17.8%	0.65%