325 Capital
NEW YORK, NYfiles as 325 CAPITAL LLC
$419m in 12 US stocks at the end of 30 June 2026. The top 10 are 97.8% of the money. It changed about 15.0% of the portfolio this quarter.
Value
$419m
Stocks
12
Top 10 share
97.8%
Turnover
15.0%
What changed this quarter
New
Bought for the first time this quarter.
- MultiSensor AI HoldingsMSAI0.8% of the fund
Added
Bought more of a stock they already held.
- MagniteMGNI15.4% of the fund+70%
- Blue BirdBLBD13.4% of the fund+5%
- Spire GlobalSPIR13.2% of the fund+58%
- PowerfleetAIOT4.8% of the fund+38%
- Lifecore BiomedicalLFCR3.6% of the fund+34%
Cut
Sold some of their stake.
- Astrana HealthASTH17.9% of the fund-12%
Sold out
Sold their entire stake.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Astrana HealthASTH | 17.9% | $75m | 1,613,843 | -12% |
| MagniteMGNI | 15.4% | $65m | 3,412,694 | +70% |
| American Public EducationAPEI | 15.2% | $64m | 1,183,732 | Held |
| Blue BirdBLBD | 13.4% | $56m | 711,390 | +5% |
| Spire GlobalSPIR | 13.2% | $55m | 2,966,932 | +58% |
| Motorcar Parts of AmericaMPAA | 7.4% | $31m | 2,018,795 | Held |
| Diebold NixdorfDBD | 4.9% | $21m | 242,084 | Held |
| PowerfleetAIOT | 4.8% | $20m | 5,283,000 | +38% |
| Lifecore BiomedicalLFCR | 3.6% | $15m | 2,895,881 | +34% |
| bioteBTMD | 2.0% | $9m | 4,548,127 | Held |
| Transact TechnologiesTACT | 1.4% | $6m | 1,011,789 | Held |
| MultiSensor AI HoldingsMSAI | 0.8% | $3m | 662,244 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 65.6% since 30 June 2025.
Where the money is
Retail & consumer35.9%
Technology26.6%
Industrials18.7%
Media & telecom13.2%
Health care5.7%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.