22NW, LP

Q3 2025 13F-HR Holdings

Location
Seattle, WA
Holdings as of
9/30/2025
Date filed
11/14/2025
Form type
13F-HR
Num holdings
21
Total value ($000)
$212,261
Net value change ($000)
+53,454 (33.7%)
New positions
2
Sold out positions
2
Turnover %
8.3%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/14/2025 Next filing: 2/13/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
ANEB 16,395 73.6%
NKTR 15,064 398.9%
RZLT 7,714 NEW
FSTR 6,671 23.2%
MLYS 6,011 79.3%
AEBI 4,338 NEW
MEC 3,021 121.8%
SRI 2,363 17.3%
CMT 1,405 44.3%
RGNX 1,331 17.6%
Top Reduces (Value $000, Stocks/ETFs)
DHX -4,138 -42.2%
ARVN -3,044 -100.0%
LFCR -2,481 -11.0%
CMPS -2,472 -100.0%
UFI -470 -9.2%
PFX -377 -6.3%
TISI -292 -9.4%
SSKN -125 -10.2%
ELDN -77 -4.5%
PMDI -36 -5.8%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type