325 CAPITAL LLC

CIK 1873893 · View on SEC EDGAR ↗

Portfolio value
$419.5M
#4,239 of 9,443 by 13F value · top 44.9%
Positions
12
As of
June 30, 2026

Portfolio value QoQ: +52.8% 13F does not disclose cash

Top 10 holdings weight
97.77%
Top 25 holdings weight
100.00%
Positions above 1%
11
Effective number of positions
7.9

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 4.78% Est. buys $62,350,245 · sells $16,574,883

Median holding: 6.5 quarters Tracked Q4 2024–Q2 2026 · 75.0% still held

New positions
1
Increased
5
Decreased
1
Closed
1
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+137.3%
S&P 500 total return (same window)
+28.1%
Excess return
+109.3%

Annualized: +78.2% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 0.0%

Sector breakdown

Industrials
31.4%
Healthcare
23.5%
Communication Services
15.4%
Diversified Consumer Services
15.2%
Consumer Discretionary
7.4%
Technology
6.3%
Other/Unmapped
0.8%

Full portfolio 12 positions

Type Streak 8Q trend
ASTH Astrana Health Inc. - Common Stock $74,898,454 17.85% 1,613,843 $29,804,310 Down ×1
MGNI Magnite, Inc. - Common Stock $64,772,932 15.44% 3,412,694 $40,948,934 Up ×1
APEI American Public Education, Inc. - Common Stock $63,566,408 15.15% 1,183,732 $-3,764,268
BLBD Blue Bird Corporation - Common Stock $56,171,354 13.39% 711,390 $17,564,035 Up ×1
SPIR Spire Global, Inc. Class A Common Stock $55,184,935 13.16% 2,966,932 $31,597,435 Up ×1
MPAA Motorcar Parts of America, Inc. - Common Stock $30,927,939 7.37% 2,018,795 $8,600,066
DBD Diebold Nixdorf Incorporated Common stock $20,581,982 4.91% 242,084 $2,319,165
AIOT PowerFleet, Inc. - Common Stock $20,233,890 4.82% 5,283,000 $8,414,667 Up ×1
LFCR Lifecore Biomedical, Inc. - Common Stock $15,203,375 3.62% 2,895,881 $7,159,001 Up ×1
BTMD Biote Corp. - Class A common stock $8,595,960 2.05% 4,548,127 $2,455,989
TACT TransAct Technologies Incorporated - Common Stock $5,908,848 1.41% 1,011,789 $2,580,062
Unknown issuer (CUSIP: 456948207) $3,450,291 0.82% 662,244 Up ×1

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
Unknown issuer (CUSIP: 456948207) $3,450,291 662,244 0.82%

Top movers (QoQ)

Security Action Shares Δ Value Δ
MGNI Bought more +1.4M +$40.9M
SPIR Bought more +1.1M +$31.6M
ASTH Trimmed -225K +$29.8M
BLBD Bought more +32K +$17.6M
MPAA Price move only +0 +$8.6M
AIOT Bought more +1.4M +$8.4M
LFCR Bought more +733K +$7.2M
APEI Price move only +0 -$3.8M
TACT Price move only +0 +$2.6M
BTMD Price move only +0 +$2.5M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
HTLD March 31, 2025 1,135,015 $12,734,868 37.6%
MSAI June 30, 2026 26,489,912 $6,121,819 9.9%
SGOV March 31, 2025 42,184 $4,231,899 0.0%
ATRO March 31, 2026 70,000 $3,796,800 13.8%