Potomac Capital Management
NEW YORK, NYfiles as Potomac Capital Management, Inc.
$137m in 62 US stocks at the end of 30 June 2026. The top 10 are 58.7% of the money. It changed about 22.1% of the portfolio this quarter.
Value
$137m
Stocks
62
Top 10 share
58.7%
Turnover
22.1%
What changed this quarter
New
Bought for the first time this quarter.
- SCHMID GroupSHMD1.3% of the fund
- ACV AuctionsACVA1.0% of the fund
- Service Properties TrustSVC0.8% of the fund
- Barclays BankVXX0.7% of the fund
- AvePointAVPT0.6% of the fund
- KopinKOPN0.6% of the fund
- Ispire TechnologyISPR0.5% of the fund
- FigsFIGS<0.1% of the fund
- Richardson ElectronicsRELL<0.1% of the fund
- ConduentCNDT<0.1% of the fund
- Sprout SocialSPT<0.1% of the fund
Added
Bought more of a stock they already held.
- Lesaka TechnologiesLSAK5.5% of the fund+36%
- Perma FIX Environmental ServicesPESI5.0% of the fund+61%
- WidepointWYY3.8% of the fund+10%
- TechprecisionTPCS1.1% of the fund+12%
- CadizCDZI1.1% of the fund+4%
- NextnavNN1.0% of the fund+111%
- Costar GroupCSGP0.8% of the fund+233%
- IntrusionINTZ0.4% of the fund+11%
- OwletOWLT0.3% of the fund+10%
- Rimini StreetRMNI0.3% of the fund+14%
- Five Point HoldingsFPH0.3% of the fund+25%
- Brilliant Earth GroupBRLT0.3% of the fund+8%
- Aviat NetworksAVNW<0.1% of the fund+80%
Cut
Sold some of their stake.
- EchoStarECHO12.6% of the fund-16%
- AnterixATEX11.7% of the fund-11%
- ConxCNXX4.9% of the fund-13%
- Duos Technologies GroupDUOT2.8% of the fund-3%
- GrouponGRPN2.2% of the fund-21%
- Lionsgate StudiosLION1.9% of the fund-22%
- KVH IndustriesKVHI1.9% of the fund-44%
- Gain TherapeuticsGANX1.4% of the fund-6%
- Compass Diversified HoldingsCODI1.3% of the fund-32%
- GSI TechnologyGSIT1.0% of the fund-52%
- American VanguardAVD0.7% of the fund-42%
- Porch GroupPRCH0.6% of the fund-19%
- Priority Technology HoldingsPRTH0.4% of the fund-15%
- CodexisCDXS0.4% of the fund-5%
- XCel BrandsXELB0.3% of the fund-39%
- UnisysUIS0.1% of the fund-48%
- ADTRAN HoldingsADTN0.1% of the fund-87%
- REE AutomotiveREEAF<0.1% of the fund-3%
Sold out
Sold their entire stake.
- Hackett GroupHCKT-100%
- PixelworksPXLW-100%
- Magnachip SemiconductorMX-100%
- CrexendoCXDO-100%
- Proshares TRQLD-100%
- DoubleDown InteractiveDDI-100%
- Mcdermott InternationalMCDIF-100%
- Luna InnovationsLUNA-100%
- Diversified Healthcare TrustDHC-100%
- T StampIDAI-100%
- Service Properties TrustSVC-100%
- InseegoINSG-100%
Holdings
- ConxCNXX
- Share
- 4.9%
- Value
- $7m
- Shares
- 1,046,710
-13%
- Alibaba Group HldgBABA
- Share
- 0.8%
- Value
- $1m
- Shares
- 10,800
Held
- Barclays BankVXX
- Share
- 0.7%
- Value
- $890,227
- Shares
- 40,300
New
- REE AutomotiveREEAF
- Share
- <0.1%
- Value
- $77,927
- Shares
- 397,585
-3%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| EchoStarECHO | 12.6% | $17m | 166,277 | -16% |
| AnterixATEX | 11.7% | $16m | 155,071 | -11% |
| Lesaka TechnologiesLSAK | 5.5% | $8m | 1,515,000 | +36% |
| Perma FIX Environmental ServicesPESI | 5.0% | $7m | 477,000 | +61% |
| Viant TechnologyDSP | 5.0% | $7m | 538,000 | Held |
| ConxCNXX | 4.9% | $7m | 1,046,710 | -13% |
| WidepointWYY | 3.8% | $5m | 299,162 | +10% |
| XperiXPER | 3.8% | $5m | 624,300 | Held |
| Inspired EntertainmentINSE | 3.7% | $5m | 616,800 | Held |
| Duos Technologies GroupDUOT | 2.8% | $4m | 313,300 | -3% |
| ClarusCLAR | 2.6% | $4m | 1,131,000 | Held |
| PowerfleetAIOT | 2.6% | $3m | 912,000 | Held |
| AllotALLT | 2.4% | $3m | 373,600 | Held |
| GrouponGRPN | 2.2% | $3m | 123,200 | -21% |
| Lionsgate StudiosLION | 1.9% | $3m | 169,000 | -22% |
| KVH IndustriesKVHI | 1.9% | $3m | 260,501 | -44% |
| Fennec PharmaceuticalsFENC | 1.8% | $2m | 224,400 | Held |
| Gain TherapeuticsGANX | 1.4% | $2m | 946,400 | -6% |
| SCHMID GroupSHMD | 1.3% | $2m | 288,200 | New |
| GpgiGPGI | 1.3% | $2m | 113,500 | Held |
| Compass Diversified HoldingsCODI | 1.3% | $2m | 165,000 | -32% |
| TechprecisionTPCS | 1.1% | $1m | 279,396 | +12% |
| CadizCDZI | 1.1% | $1m | 350,000 | +4% |
| ACV AuctionsACVA | 1.0% | $1m | 197,200 | New |
| NextnavNN | 1.0% | $1m | 78,950 | +111% |
| Arlo TechnologiesARLO | 1.0% | $1m | 100,000 | Held |
| GSI TechnologyGSIT | 1.0% | $1m | 168,110 | -52% |
| Information Services GroupIII | 0.9% | $1m | 291,800 | Held |
| Bank of AmericaBAC | 0.8% | $1m | 20,000 | Held |
| Costar GroupCSGP | 0.8% | $1m | 40,000 | +233% |
| Service Properties TrustSVC | 0.8% | $1m | 647,000 | New |
| Alibaba Group HldgBABA | 0.8% | $1m | 10,800 | Held |
| American VanguardAVD | 0.7% | $1m | 358,780 | -42% |
| EvolusEOLS | 0.7% | $982,010 | 141,500 | Held |
| Gilat Satellite NetworksGILT | 0.7% | $969,527 | 72,842 | Held |
| Babcock & Wilcox EnterprisesBW | 0.7% | $902,400 | 64,000 | Held |
| Barclays BankVXX | 0.7% | $890,227 | 40,300 | New |
| AvePointAVPT | 0.6% | $846,355 | 75,500 | New |
| KopinKOPN | 0.6% | $828,800 | 185,000 | New |
| Porch GroupPRCH | 0.6% | $752,000 | 50,000 | -19% |
| 5E Advanced MaterialsFEAM | 0.5% | $703,757 | 506,300 | Held |
| Ispire TechnologyISPR | 0.5% | $670,432 | 598,600 | New |
| Priority Technology HoldingsPRTH | 0.4% | $615,014 | 92,206 | -15% |
| CodexisCDXS | 0.4% | $587,600 | 260,000 | -5% |
| Pure CyclePCYO | 0.4% | $522,177 | 48,756 | Held |
| IntrusionINTZ | 0.4% | $481,465 | 518,429 | +11% |
| XCel BrandsXELB | 0.3% | $450,104 | 250,058 | -39% |
| OwletOWLT | 0.3% | $444,391 | 77,420 | +10% |
| Rimini StreetRMNI | 0.3% | $406,097 | 95,328 | +14% |
| Five Point HoldingsFPH | 0.3% | $395,250 | 75,000 | +25% |
| Brilliant Earth GroupBRLT | 0.3% | $384,200 | 340,000 | +8% |
| Shoe Station GroupSHOE | 0.2% | $278,804 | 18,800 | Held |
| CPI Card GroupPMTS | 0.2% | $249,360 | 12,000 | Held |
| UnisysUIS | 0.1% | $183,000 | 50,000 | -48% |
| ADTRAN HoldingsADTN | 0.1% | $139,000 | 10,000 | -87% |
| FigsFIGS | <0.1% | $127,875 | 12,500 | New |
| Richardson ElectronicsRELL | <0.1% | $95,050 | 5,000 | New |
| Aviat NetworksAVNW | <0.1% | $79,920 | 3,600 | +80% |
| REE AutomotiveREEAF | <0.1% | $77,927 | 397,585 | -3% |
| ConduentCNDT | <0.1% | $73,000 | 50,000 | New |
| Matthews InternationalMATW | <0.1% | $60,570 | 2,250 | Held |
| Sprout SocialSPT | <0.1% | $755 | 100 | New |
Options (6)
- Ishares TRIWM
- Type
- Put
- Value
- $4m
- Contracts
- 13,500
- Invesco QQQ TRQQQ
- Type
- Put
- Value
- $4m
- Contracts
- 5,000
- AnterixATEX
- Type
- Put
- Value
- $1m
- Contracts
- 10,000
- NextnavNN
- Type
- Call
- Value
- $713,200
- Contracts
- 40,000
- Universal Technical InstituteUTI
- Type
- Put
- Value
- $213,850
- Contracts
- 5,000
- Viant TechnologyDSP
- Type
- Call
- Value
- $127,866
- Contracts
- 10,100
| Company | Type | Value | Contracts |
|---|---|---|---|
| Ishares TRIWM | Put | $4m | 13,500 |
| Invesco QQQ TRQQQ | Put | $4m | 5,000 |
| AnterixATEX | Put | $1m | 10,000 |
| NextnavNN | Call | $713,200 | 40,000 |
| Universal Technical InstituteUTI | Put | $213,850 | 5,000 |
| Viant TechnologyDSP | Call | $127,866 | 10,100 |
Over time and by industry
Value over time
Dec '25
Jun '26
Value is up 14.4% since 31 December 2025.
Where the money is
Technology30.4%
Media & telecom30.3%
Financial services8.5%
Utilities6.4%
Industrials5.5%
Retail & consumer4.5%
Health care3.9%
Real estate1.9%
Materials1.7%
Everyday goods0.5%
Other6.4%
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.