Great Elm Capital
GECC on Nasdaq. Market value $69m.
Should I look at this?
We have not checked this company yet
This is not advice.
Who owns it
None of the long-term investors we follow own it. 19 funds in all.
Largest holders overall
- Northern Right Capital Management, L.P.$2m
- Cruiser Capital Advisors$532,896Cut
- UBS Group AG$153,963Added
- Crestwood Advisors Group$145,106
- Vident Advisory$145,019New
- Rockefeller Capital Management L.P.$136,250
- Ethos Financial Group$131,122Cut
- Significant Wealth Partners$91,402
- Founders Financial Alliance$75,047New
- Rangeley Capital$54,500
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
7 investors own more than 5%.
- Great Elm Strategic Partnership I, LLCPassive investor9.9%−1.2 ptsSince 29 June 2026
- Poor Richard LLCPassive investorat least 9.9%(filed with 1 related holder)Since 27 August 2025
- Great Elm Group, Inc.Passive investor9.7%−1.4 ptsSince 7 October 2025
- Summit Grove Partners, LLCPassive investor7.6%Since 29 June 2026
- Prosper Peak Holdings, LLCPassive investor7.0%Since 29 June 2026
- Drapkin Matthew APassive investorat least 6.2%−1.4 pts(filed with 4 related holders)Since 4 November 2025
- Drapkin Matthew APassive investorat least 3.3%−2.9 pts(filed with 5 related holders)Since 31 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
Great Elm Strategic Partnership I, LLC Passive investor | 9.9%−1.2 pts | 29 June 2026 | |
Poor Richard LLC Passive investor | at least 9.9% (filed with 1 related holder) | 27 August 2025 | |
Great Elm Group, Inc. Passive investor | 9.7%−1.4 pts | 7 October 2025 | |
Summit Grove Partners, LLC Passive investor | 7.6% | 29 June 2026 | |
Prosper Peak Holdings, LLC Passive investor | 7.0% | 29 June 2026 | |
Drapkin Matthew A Passive investor | at least 6.2%−1.4 pts (filed with 4 related holders) | 4 November 2025 | |
Drapkin Matthew A Passive investor | at least 3.3%−2.9 pts (filed with 5 related holders) | 31 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 1 insider bought $150,126 of shares on the open market.
- Kaplan Matthew DCEO and PresidentBought
- Date
- 7 November 2025
- Shares
- 19,650
- Price
- $7.64
- Value
- $150,126
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 7 November 2025 | Kaplan Matthew D CEO and President | Bought | 19,650 | $7.64 | $150,126 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the warning signs we check for were found.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 2 Mar 2026, plus the 10-Q filed 5 Aug 2026 and 6 later 8-Ks.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.