325 Capital
325 Capital reported 12 stocks worth $419M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are ASTH (17.9%), MGNI (15.4%) and APEI (15.2%). Compared with Q1 2026, the fund opened new positions in MSAI, added to MGNI, BLBD and SPIR and trimmed ASTH.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  ASTH Astrana Health Inc | $74.9M | 17.9% | 1.6M | −225K (−12%) | 8 of 8 | |
| 2 |  MGNI Magnite Inc | $64.8M | 15.4% | 3.4M | +1.4M (+70%) | 4 of 8 | |
| 3 |  APEI American Pub ED Inc | $63.6M | 15.2% | 1.2M | No change | 8 of 8 | |
| 4 |  BLBD Blue Bird Corp | $56.2M | 13.4% | 711K | +32K (+5%) | 8 of 8 | |
| 5 |  SPIR Spire Global Inc | $55.2M | 13.2% | 3M | +1.1M (+58%) | 6 of 8 | |
| 6 |  MPAA Motorcar Pts Amer Inc | $30.9M | 7.4% | 2M | No change | 8 of 8 | |
| 7 |  DBD Diebold Nixdorf Inc | $20.6M | 4.9% | 242K | No change | 3 of 8 | |
| 8 |  AIOT Powerfleet Inc | $20.2M | 4.8% | 5.3M | +1.4M (+38%) | 7 of 8 | |
| 9 |  LFCR Lifecore Biomedical Inc | $15.2M | 3.6% | 2.9M | +733K (+34%) | 8 of 8 | |
| 10 |  BTMD Biote Corp | $8.6M | 2.0% | 4.5M | No change | 8 of 8 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026| Stock | Value last quarter | Shares sold |
|---|---|---|
MULTISENSOR AI HOLDINGS INC C | $6.1M | 26.5M |
Reported value
last 8 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Aug 14, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →325 Capital 13F FAQ
What does 325 Capital own?
325 Capital reported 12 stocks worth $419M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are ASTH (17.9%), MGNI (15.4%) and APEI (15.2%). The table above lists every position in the filing (the top 10 without an account).
What did 325 Capital buy and sell in Q2 2026?
Compared with Q1 2026: 1 new positions, 5 added to, 1 trimmed and 1 sold out. New positions include MSAI.
When will 325 Capital file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is 325 Capital's portfolio worth?
The Q2 2026 filing reports $419M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.