GENDELL JEFFREY L
CIK 1056581 · View on SEC EDGAR ↗
- Portfolio value
- $5.8B
- Positions
- 104
- As of
- June 30, 2026
#714 of 9,443 by 13F value · top 7.6%
Portfolio value QoQ: +55.3% 13F does not disclose cash
- Top 10 holdings weight
- 70.96%
- Top 25 holdings weight
- 84.65%
- Positions above 1%
- 14
- Effective number of positions
- 3.7
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 5.65% Est. buys $743,289,397 · sells $271,062,583
Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 74.3% still held
- New positions
- 8
- Increased
- 37
- Decreased
- 12
- Closed
- 4
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
- Related The person behind this filer, where we can match one.
Performance vs S&P 500
Annualized: +110.1% · 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: 95.0% · Options excluded: 0.2%
Sector breakdown
Industrials
63.3%
Technology
15.8%
Energy
5.3%
Financials
4.4%
Materials
2.8%
Healthcare
2.4%
Consumer products
1.3%
Consumer Discretionary
0.9%
Telecommunication
0.6%
Communications
0.2%
Consumer Staples
0.2%
Financial Services
0.2%
Diversified Consumer Services
0.1%
Retail
0.0%
Other/Unmapped
2.6%
Full portfolio 104 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| IESC IES Holdings, Inc. - Common Stock | $3,016,682,197 | 51.66% | 4,106,229 | $1,060,187,265 | |||
| SNDK Sandisk Corporation - Common Stock | $272,847,600 | 4.67% | 120,000 | $196,606,800 | |||
| AAPL Apple Inc. - Common Stock | $195,318,000 | 3.34% | 675,000 | Call option | Up ×1 | ||
| OC Owens Corning Inc Common Stock New | $120,115,740 | 2.06% | 755,635 | $43,762,201 | Up ×4 | ||
| MU Micron Technology, Inc. - Common Stock | $112,543,275 | 1.93% | 97,500 | $77,070,075 | Down ×3 | ||
| TPC Tutor Perini Corporation Common Stock | $95,619,855 | 1.64% | 1,152,463 | $26,577,877 | Up ×3 | ||
| ORCL Oracle Corporation Common Stock | $94,682,291 | 1.62% | 646,075 | Up ×1 | |||
| WTM White Mountains Insurance Group, Ltd. Common Stock | $85,971,043 | 1.47% | 41,464 | $30,188,032 | Up ×2 | ||
| APH Amphenol Corporation Common Stock | $78,087,720 | 1.34% | 442,875 | $43,925,839 | Up ×1 | ||
| WDC Western Digital Corporation - Common Stock | $71,861,748 | 1.23% | 112,509 | $31,285,814 | Down ×3 | ||
| AMR Alpha Metallurgical Resources, Inc. Common Stock | $71,721,025 | 1.23% | 434,831 | $-6,427,727 | Up ×4 | ||
| OIH | $69,363,133 | 1.19% | 186,445 | $23,889,508 | Up ×3 | ||
| AAPL Apple Inc. - Common Stock | $68,361,300 | 1.17% | 236,250 | $55,037,325 | Up ×2 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $60,995,550 | 1.04% | 105,000 | $29,718,187 | Down ×1 | ||
| AVTR Avantor, Inc. Common Stock | $56,484,183 | 0.97% | 5,705,473 | $27,570,475 | Up ×2 | ||
| BW Babcock & Wilcox Enterprises, Inc. Common Stock | $55,202,445 | 0.95% | 3,915,067 | $-2,123,591 | Up ×1 | ||
| GLW Corning Incorporated Common Stock | $53,640,300 | 0.92% | 210,000 | $20,915,448 | Down ×1 | ||
| UFPI UFP Industries, Inc. - Common Stock | $51,132,444 | 0.88% | 563,505 | $28,674,141 | Up ×4 | ||
| RIG Transocean Ltd (Switzerland) Common Stock | $50,805,873 | 0.87% | 10,389,749 | $-7,538,127 | Up ×4 | ||
| GNW Genworth Financial Inc Common Stock | $50,723,820 | 0.87% | 5,356,264 | $3,837,438 | Down ×1 | ||
| MHK Mohawk Industries, Inc. Common Stock | $48,892,107 | 0.84% | 402,968 | $17,576,412 | Up ×1 | ||
| FLEX Flex Ltd. - Ordinary Shares | $44,974,425 | 0.77% | 277,500 | $25,336,425 | Down ×2 | ||
| AGO Assured Guaranty Ltd. Common Stock | $43,655,376 | 0.75% | 544,603 | $28,615,961 | Up ×1 | ||
| ON ON Semiconductor Corporation - Common Stock | $40,415,850 | 0.69% | 427,500 | $18,589,050 | Up ×1 | ||
| GT The Goodyear Tire & Rubber Company - Common Stock | $33,118,925 | 0.57% | 5,018,019 | $18,400,895 | Up ×2 | ||
| BXC Bluelinx Holdings Inc. Common Stock | $32,752,651 | 0.56% | 529,293 | $5,324,297 | Up ×4 | ||
| LUMN Lumen Technologies, Inc. Common Stock | $32,191,334 | 0.55% | 4,191,580 | $4,232,665 | Up ×1 | ||
| XBI XBI | $30,463,125 | 0.52% | 192,500 | $5,875,100 | |||
| SLB SLB Limited Common Shares | $29,288,700 | 0.50% | 630,000 | $-3,087,000 | |||
| LFUS Littelfuse, Inc. - Common Stock | $28,301,947 | 0.48% | 62,157 | Up ×1 | |||
| SKY Champion Homes, Inc. Common Stock | $28,112,042 | 0.48% | 319,020 | $7,731,985 | Up ×1 | ||
| BAX Baxter International Inc. Common Stock | $28,076,798 | 0.48% | 1,316,923 | $8,363,560 | Up ×2 | ||
| NBR Nabors Industries Ltd. | $27,460,769 | 0.47% | 326,875 | $-319,313 | Up ×1 | ||
| BTU Peabody Energy Corporation Common Stock | $26,659,510 | 0.46% | 1,153,093 | $14,178,347 | Up ×1 | ||
| INDV Indivior Pharmaceuticals, Inc. - Common Stock | $25,984,094 | 0.44% | 633,295 | $6,681,262 | |||
| HAL Halliburton Company Common Stock | $24,889,322 | 0.43% | 733,117 | $-3,694,910 | |||
| CNR Core Natural Resources, Inc. Common Stock | $24,820,444 | 0.43% | 310,178 | $14,347,444 | Up ×1 | ||
| ATKR Atkore Inc. Common Stock | $23,664,180 | 0.41% | 311,207 | $5,330,976 | |||
| TTI Tetra Technologies, Inc. Common Stock | $23,049,979 | 0.39% | 2,034,420 | $3,657,709 | Down ×3 | ||
| FCG | $19,957,500 | 0.34% | 750,000 | $-3,810,000 | |||
| LBRT Liberty Energy Inc. Class A common stock | $19,642,500 | 0.34% | 750,000 | $-1,957,500 | |||
| VISN Vistance Networks, Inc. - Common Stock | $18,068,441 | 0.31% | 1,413,806 | $9,127,691 | Up ×1 | ||
| BA Boeing Company (The) Common Stock | $17,858,775 | 0.31% | 82,500 | $1,438,800 | |||
| AA Alcoa Corporation Common Stock | $17,206,200 | 0.29% | 330,000 | $4,615,705 | Up ×2 | ||
| SXC SunCoke Energy, Inc. Common Stock | $16,710,584 | 0.29% | 2,075,849 | $6,590,353 | Up ×5 | ||
| IOSP Innospec Inc. - Common Stock | $16,457,791 | 0.28% | 202,209 | $3,517,990 | Up ×5 | ||
| FTI TechnipFMC plc Ordinary Share | $15,912,000 | 0.27% | 240,000 | $-679,200 | |||
| ALKS Alkermes plc - Ordinary Shares | $15,556,652 | 0.27% | 296,911 | $6,235,615 | Up ×1 | ||
| SND Smart Sand, Inc. - Common Stock | $15,162,099 | 0.26% | 3,026,367 | $-332,900 | |||
| BHC Bausch Health Companies Inc. Common Stock | $14,927,404 | 0.26% | 3,027,871 | $2,899,271 | Up ×2 | ||
| EQT EQT Corporation Common Stock | $14,754,675 | 0.25% | 277,500 | $-518,925 | Up ×1 | ||
| ORN Orion Group Holdings, Inc. Common | $14,208,863 | 0.24% | 844,760 | $5,000,979 | |||
| GEV GE Vernova Inc. Common Stock | $13,217,175 | 0.23% | 11,250 | $3,397,050 | |||
| RBCAA Republic Bancorp, Inc. - Class A Common Stock | $12,923,894 | 0.22% | 142,916 | $2,841,170 | |||
| MTRX Matrix Service Company - Common Stock | $12,881,288 | 0.22% | 940,240 | $1,642,161 | Down ×1 | ||
| MLKN MillerKnoll, Inc. - Common Stock | $12,298,179 | 0.21% | 601,084 | Up ×1 | |||
| FMC FMC Corporation Common Stock | $12,031,795 | 0.21% | 1,046,243 | $-5,984,509 | |||
| WTTR Select Water Solutions, Inc. Class A common stock | $10,915,254 | 0.19% | 546,309 | $2,556,726 | |||
| CMI Cummins Inc. Common Stock | $10,698,150 | 0.18% | 15,000 | $2,627,850 | |||
| CLB Core Laboratories Inc. Common Stock | $9,518,912 | 0.16% | 817,074 | $2,960,301 | Up ×1 | ||
| PATK Patrick Industries, Inc. - Common Stock | $9,434,801 | 0.16% | 105,088 | $-2,237,323 | |||
| PEBK Peoples Bancorp of North Carolina, Inc. - Common Stock | $9,383,408 | 0.16% | 217,763 | $855,809 | |||
| FRD Friedman Industries Inc. - Common Stock | $8,622,695 | 0.15% | 267,952 | $3,874,586 | |||
| OCC Optical Cable Corporation - Common Stock | $8,211,768 | 0.14% | 391,596 | $4,767,888 | Down ×1 | ||
| FUNC First United Corporation - Common Stock | $7,867,107 | 0.13% | 178,352 | $1,332,290 | |||
| ENS EnerSys Common Stock | $7,617,856 | 0.13% | 32,580 | $2,026,504 | Up ×1 | ||
| WGO Winnebago Industries, Inc. Common Stock | $7,534,276 | 0.13% | 241,174 | $2,461,709 | Up ×1 | ||
| GIS General Mills, Inc. Common Stock | $7,516,800 | 0.13% | 216,000 | Up ×1 | |||
| INVX Innovex International, Inc. Common Stock | $7,417,854 | 0.13% | 299,107 | $122,634 | |||
| ALRS Alerus Financial Corporation - Common Stock | $7,268,070 | 0.12% | 233,700 | $1,727,043 | |||
| MTRN Materion Corporation | $7,194,756 | 0.12% | 24,193 | $3,695,239 | |||
| SCL Stepan Company Common Stock | $6,917,805 | 0.12% | 124,153 | $712,638 | |||
| FMBH First Mid Bancshares, Inc. - Common Stock | $6,611,077 | 0.11% | 137,473 | $948,564 | |||
| FUSB First US Bancshares, Inc. - Common Stock | $6,577,864 | 0.11% | 397,454 | $496,818 | |||
| ASRV AmeriServ Financial Inc. - Common Stock | $6,346,427 | 0.11% | 1,635,677 | $425,276 | |||
| Unknown issuer (CUSIP: 65441V200) | $5,910,014 | 0.10% | 454,267 | $1,192,956 | Down ×1 | ||
| CZWI Citizens Community Bancorp, Inc. - Common Stock | $5,808,181 | 0.10% | 248,319 | $891,465 | |||
| INSG Inseego Corp. - Common Stock | $5,244,934 | 0.09% | 507,738 | $2,407,054 | Up ×1 | ||
| CAG ConAgra Brands, Inc. Common Stock | $5,168,640 | 0.09% | 384,000 | Up ×1 | |||
| COFS ChoiceOne Financial Services, Inc. - Common Stock | $5,050,632 | 0.09% | 148,548 | $873,462 | |||
| COHR Coherent Corp. Common Stock | $4,980,973 | 0.09% | 12,627 | $1,973,095 | |||
| PSEC Prospect Capital Corporation - Closed End Fund | $4,684,370 | 0.08% | 2,027,866 | $-608,360 | |||
| KLXE KLX Energy Services Holdings, Inc. - Common Stock | $4,097,817 | 0.07% | 1,588,301 | $85,455 | Up ×5 | ||
| GSM Ferroglobe PLC - Ordinary Shares | $3,915,598 | 0.07% | 1,231,320 | $1,047,085 | Up ×2 | ||
| TSEM Tower Semiconductor Ltd. - Ordinary Shares | $3,909,600 | 0.07% | 15,000 | $1,277,400 | |||
| MPB Mid Penn Bancorp - Common Stock | $3,772,162 | 0.06% | 108,271 | $290,167 | |||
| PSCE Invesco S&P SmallCap Energy ETF | $3,763,371 | 0.06% | 68,469 | $-411,273 | |||
| NOV NOV Inc. Common Stock | $3,710,000 | 0.06% | 200,000 | $-9,975,986 | Up ×1 | ||
| CAC Camden National Corporation - Common Stock | $3,322,005 | 0.06% | 61,269 | $414,791 | |||
| SHBI Shore Bancshares, Inc. - Common Stock | $3,140,478 | 0.05% | 136,840 | $584,307 | |||
| BVFL BV Financial, Inc. - Common Stock | $2,991,929 | 0.05% | 141,262 | $288,174 | |||
| UTI Universal Technical Institute Inc Common Stock | $2,937,829 | 0.05% | 68,689 | $458,156 | |||
| OSG Octave Specialty Group, Inc. Common Stock | $2,724,359 | 0.05% | 436,596 | $-1,945,083 | Down ×3 | ||
| BBBY Bed Bath & Beyond, Inc. Common Stock | $2,692,350 | 0.05% | 465,000 | Up ×1 | |||
| OIS Oil States International, Inc. Common Stock | $1,911,619 | 0.03% | 238,654 | $-866,314 | |||
| SBFG SB Financial Group, Inc. - Common Stock | $1,169,647 | 0.02% | 46,286 | $197,641 | |||
| TILE Interface, Inc. - Common Stock | $896,000 | 0.02% | 25,000 | $273,000 | |||
| FRBA First Bank - Common Stock | $867,688 | 0.01% | 48,939 | $84,664 | |||
| BRBS | $757,566 | 0.01% | 214,608 | $-143,788 | |||
| DTI Drilling Tools International Corporation - Common Stock | $722,793 | 0.01% | 374,504 | $-898,809 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| OC | $120,115,740 | 2.06% | up ×4 |
| TPC | $95,619,855 | 1.64% | up ×3 |
| AMR | $71,721,025 | 1.23% | up ×4 |
| OIH | $69,363,133 | 1.19% | up ×3 |
| UFPI | $51,132,444 | 0.88% | up ×4 |
| RIG | $50,805,873 | 0.87% | up ×4 |
| BXC | $32,752,651 | 0.56% | up ×4 |
| SXC | $16,710,584 | 0.29% | up ×5 |
| IOSP | $16,457,791 | 0.28% | up ×5 |
| KLXE | $4,097,817 | 0.07% | up ×5 |
| SLND | $500,804 | 0.01% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| IESC | Price move only | +0 | +$1.1B |
| SNDK | Price move only | +0 | +$196.6M |
| MU | Trimmed | -8K | +$77.1M |
| APH | Bought more | +172K | +$43.9M |
| OC | Bought more | +50K | +$43.8M |
| WDC | Trimmed | -38K | +$31.3M |
| WTM | Bought more | +16K | +$30.2M |
| AMD | Trimmed | -49K | +$29.7M |
| UFPI | Bought more | +320K | +$28.7M |
| AGO | Bought more | +360K | +$28.6M |
1 position hidden (data completeness check)
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.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| IWM | June 30, 2026 | 715,551 | $177,456,648 | No longer tracked |
| AVDL | March 31, 2026 | 3,990,975 | $86,005,511 | No longer tracked |
| IWM | March 31, 2025 | 182,373 | $40,297,138 | No longer tracked |
| IWM | Dec. 31, 2025 | 99,493 | $24,073,326 | No longer tracked |
| ARCH | March 31, 2025 | 131,708 | $18,599,804 | No longer tracked |
| HAL | June 30, 2025 | 615,863 | $15,624,444 | 76.7% |
| AMRZ | Dec. 31, 2025 | 227,091 | $11,020,726 | -16.2% |
| CMI | March 31, 2025 | 24,251 | $8,453,899 | 92.1% |
| LXU | March 31, 2026 | 907,318 | $7,712,203 | -27.2% |
| XLE | Dec. 31, 2025 | 78,039 | $6,972,004 | No longer tracked |
| KRE | June 30, 2025 | 120,000 | $6,822,000 | No longer tracked |
| IWN | June 30, 2025 | 43,438 | $6,558,269 | No longer tracked |
| TLN | March 31, 2025 | 29,208 | $5,884,536 | 57.7% |
| C | June 30, 2025 | 65,000 | $4,614,350 | 55.1% |
| XOP | March 31, 2025 | 34,033 | $4,504,948 | No longer tracked |
| CEIX | March 31, 2025 | 40,000 | $4,267,200 | No longer tracked |
| CIEN | March 31, 2025 | 49,096 | $4,163,832 | 549.1% |
| BOOM | June 30, 2026 | 752,094 | $3,918,410 | 22.3% |
| AGO | March 31, 2025 | 39,846 | $3,586,538 | -15.0% |
| ODP | Dec. 31, 2025 | 118,741 | $3,306,937 | No longer tracked |
| XLE | June 30, 2025 | 35,000 | $3,270,750 | No longer tracked |
| KRE | Dec. 31, 2025 | 50,000 | $3,165,000 | No longer tracked |
| HUM | June 30, 2026 | 18,043 | $3,128,476 | -3.6% |
| SDRL | June 30, 2025 | 99,568 | $2,489,200 | 81.2% |
| ENS | March 31, 2025 | 25,000 | $2,310,750 | 108.6% |
| UBS | March 31, 2025 | 75,000 | $2,274,000 | 74.2% |
| EQT | June 30, 2025 | 35,000 | $1,870,050 | -6.5% |
| HP | June 30, 2025 | 57,795 | $1,509,605 | 191.9% |
| NINEQ | Dec. 31, 2025 | 2,277,232 | $1,438,983 | No longer tracked |
| CMT | June 30, 2025 | 61,266 | $931,243 | No longer tracked |
| QXO | June 30, 2025 | 65,313 | $884,338 | -37.4% |
| DXYN | March 31, 2025 | 1,344,543 | $876,373 | No longer tracked |
| BORR | June 30, 2025 | 399,261 | $874,382 | 146.9% |
| INTC | March 31, 2025 | 30,000 | $601,500 | 300.4% |
| CHX | March 31, 2025 | 21,957 | $597,011 | No longer tracked |
| HBT | June 30, 2025 | 15,181 | $340,206 | 39.6% |
| PEBO | March 31, 2025 | 10,589 | $335,565 | 34.0% |
| HWBK | June 30, 2025 | 10,000 | $282,300 | 33.6% |
| CWH | March 31, 2025 | 12,355 | $260,443 | -60.5% |
| FENC | June 30, 2026 | 39,303 | $241,713 | 8.9% |
| IROQ | March 31, 2026 | 7,201 | $194,139 | No longer tracked |
| VATE | March 31, 2025 | 30,779 | $152,048 | -1.3% |
| ASTLW | Dec. 31, 2025 | 93,408 | $14,338 |