SEC 13F Intelligence

Managers / Q2 2021 · view latest →

GENDELL JEFFREY L

CIK 0001056581

Reported Value
$1.1B
Q2 2021
Positions
78
Filings on Record
30
2019–present window
Filed
Aug 13, 2021
original filing

Summary

Gendell Jeffrey L reported $1.1B in U.S.-listed holdings across 78 positions for Q2 2021.

The portfolio is heavily concentrated: IESC alone accounts for 25.7% of reported value.

Compared with Q1 2021, the fund opened 11 new positions and exited 7.

Portfolio Metrics

Turnover
+6.8%
vs prior filed quarter
Top-10 Concentration
+75.8%
share of reported value
Largest Position
+25.7%
Ies
New / Exited
11 / 7
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $543MQ4 ’18Q1 ’19: $721MQ2 ’19: $798MQ3 ’19: $701MQ4 ’19: $778MQ4 ’19Q1 ’20: $326MQ2 ’20: $392MQ3 ’20: $475MQ4 ’20: $740MQ4 ’20Q1 ’21: $938MQ2 ’21: $1.1BQ3 ’21: $1.2BQ4 ’21: $1.2BQ4 ’21Q1 ’22: $1.4BQ2 ’22: $866MQ3 ’22: $763MQ4 ’22: $1.1BQ4 ’22Q1 ’23: $1.1BQ2 ’23: $1.3BQ3 ’23: $1.8BQ4 ’23: $1.8BQ4 ’23Q1 ’24: $2.6BQ2 ’24: $2.9BQ3 ’24: $3.2BQ4 ’24: $3.2BQ4 ’24Q1 ’25: $2.3BQ2 ’25: $3.8BQ3 ’25: $5.4BQ4 ’25: $5.8BQ4 ’25Q1 ’26: $7.3Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 93.7%Other: 4.2%ETP: 1.3%NY Reg Shrs: 0.8%
  • Common Stock · 93.7% · $1.1B
  • Other · 4.2% · $47M
  • ETP · 1.3% · $15M
  • NY Reg Shrs · 0.8% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
THOTHOR INDUSTRIES INCNEW+414.5K414.5K+$47M$47M
USX1UNITED STATES STEEL CORPNEW+1.05M1.05M+$25M$25M
WFGWEST FRASER TIMBER CO LTDNEW+125.6K125.6K+$9M$9M
ARCELORMITTAL-NY REGISTEREDNEW+287.5K287.5K+$9M$9M
CFCF INDUSTRIES HOLDINGS INCNEW+104.4K104.4K+$5M$5M
CANO HEALTH INCNEW+232.7K232.7K+$3M$3M
NICNICOLET BANKSHARES INCNEW+34.8K34.8K+$2M$2M
CREDIT SUISSE GROUP-SPON ADRNEW+207.4K207.4K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2021

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IESCIES HOLDINGS INChistory →COM51.98%$587M11.42M
2CLFCLEVELAND-CLIFFS INChistory →COM12.76%$144M6.68M
3THOTHOR INDUSTRIES INChistory →COM4.15%$47M414.5K
4TRVCCITIGROUP INChistory →COM NO PAR2.27%$26M361.8K
5USX1UNITED STATES STEEL CORPhistory →COM2.23%$25M1.05M
6BXCBLUELINX HOLDINGS INChistory →COM NEW2.03%$23M455.0K
7CWHCAMPING WORLD HOLDINGS INC-Ahistory →COM NO PAR2.02%$23M556.7K
8AMRALPHA METALLURGICAL RESOURCEShistory →COM1.87%$21M821.9K
9SPDR S&P REGIONAL BANKINGCOM1.22%$14M210.6K
10AVADEL PHARMACEUTICALS-ADRSPONSORED ADR1.21%$14M2.04M
11HC2 HOLDINGS INCCOM1.16%$13M3.29M
12JPMJPMORGAN CHASE & COhistory →COM1.10%$12M80.0K
13UBOHUNITED BANCSHARES INC/OHIOhistory →COM0.94%$11M297.4K
14BACBANK OF AMERICA CORPCOM0.89%$10M242.5K
15SXCSUNCOKE ENERGY INCCOM0.83%$9M1.30M
16WFGWEST FRASER TIMBER CO LTDCOM0.80%$9M125.6K
17ARCELORMITTAL-NY REGISTEREDCOM0.79%$9M287.5K
18CEIXEURCONSOL ENERGY INCCOM0.73%$8M446.7K
19RBCAAREPUBLIC BANCORP INC-CLASS ACL A0.72%$8M175.5K
20HMN FINANCIAL INCCOM0.59%$7M314.7K
21PATKPATRICK INDUSTRIES INCCOM0.58%$7M90.1K
22PEBKPEOPLES BANCORP OF NCCOM0.55%$6M242.3K
23BRBSBLUE RIDGE BANKSHARES INCCOM0.55%$6M356.7K
24IROQIF BANCORP INCCOM0.49%$6M244.5K
25LCIILCI INDUSTRIESCOM0.42%$5M36.4K
26CMTCORE MOLDING TECHNOLOGIES INCOM0.42%$5M309.1K
27ASRVAMERISERV FINANCIAL INCCOM0.36%$4M1.04M
28DXYNDIXIE GROUP INCCL A0.36%$4M1.39M
29SVBISEVERN BANCORP INC/MDCOM0.36%$4M339.1K
30MFNCMACKINAC FINANCIAL CORPCOM0.32%$4M184.7K
31ESSA BANCORP INCCOM0.32%$4M216.9K
32CZWICITIZENS COMMUNITY BANCORP ICOM0.28%$3M234.4K
33FUSBFIRST US BANCSHARES INCCOM0.27%$3M274.4K
34SHBISHORE BANCSHARES INCCOM0.26%$3M173.6K
35RIVERIVERVIEW FINANCIAL CORPCOM0.25%$3M246.6K
36CANO HEALTH INCCOM NO PAR0.25%$3M232.7K
37FUNCFIRST UNITED CORPCOM0.25%$3M161.0K
38SEELOS THERAPEUTICS INCCOM0.25%$3M1.05M
39LXULSB INDUSTRIES INCCOM0.23%$3M428.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$7.3B176May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$5.8B160Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$5.4B148Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$3.8B118Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.3B116May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$3.2B130Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.2B125Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.9B150Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.6B131May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.8B113Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.8B113Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.3B92Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.1B92May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.1B86Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$763M79Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$866M79Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.4B89May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.2B74Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.2B79Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.1B78Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$938M66May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$740M57Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$475M46Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$392M63Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$326M68May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$778M84Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$701M79Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$798M79Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$721M89May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$543M85Feb 15, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 3 additional managers.

  • Tontine Asset Management, LLC028-14690
  • Tontine Associates, LLC028-19509
  • TONTINE CAPITAL ASSOCIATES, L.P.028-20769

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.