Managers / Q2 2022 · view latest →
325 CAPITAL LLC
CIK 0001873893 · 757 THIRD AVENUE, 20TH FLOOR, NEW YORK, NY, 10017 · 212-376-5325
Summary
325 Capital LLC reported $108M in U.S.-listed holdings across 10 positions for Q2 2022.
Its largest position, QSIIEUR, represents 18.5% of the portfolio.
Compared with Q1 2022, the fund opened 1 new position and exited 0.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 98.0% · $106M
- ETP · 2.0% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| DGIIDIGI INTL INC | NEW | +360.2K | 360.2K | +$9M | $9M |
| LRNSTRIDE INC | TRIMMED | −142.9K | 232.1K | −$4M | $9M |
| BLBDBLUE BIRD CORP | ADDED | +115.0K | 1.18M | −$9M | $11M |
| MPAAMOTORCAR PTS AMER INC | HELD | +0 | 1.03M | −$5M | $14M |
| 51AAMERICAN PUB ED INC | HELD | +0 | 938.5K | −$5M | $15M |
| QSIIEURNEXTGEN HEALTHCARE INC | HELD | +0 | 1.14M | −$4M | $20M |
| ATROASTRONICS CORP | HELD | +0 | 1.39M | −$4M | $14M |
| TACTTRANSACT TECHNOLOGIES INC | HELD | +0 | 1.01M | −$3M | $4M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | QSIIEURNEXTGEN HEALTHCARE INChistory → | COM | 18.51% | $20M | 1.14M |
| 2 | 51AAMERICAN PUB ED INChistory → | COM | 14.07% | $15M | 938.5K |
| 3 | ATROASTRONICS CORPhistory → | COM | 13.13% | $14M | 1.39M |
| 4 | MPAAMOTORCAR PTS AMER INChistory → | COM | 12.57% | $14M | 1.03M |
| 5 | BLBDBLUE BIRD CORPhistory → | COM | 10.12% | $11M | 1.18M |
| 6 | HDSNHUDSON TECHNOLOGIES INChistory → | COM | 9.01% | $10M | 1.29M |
| 7 | LRNSTRIDE INChistory → | COM | 8.78% | $9M | 232.1K |
| 8 | DGIIDIGI INTL INChistory → | COM | 8.09% | $9M | 360.2K |
| 9 | TACTTRANSACT TECHNOLOGIES INChistory → | COM | 3.74% | $4M | 1.01M |
| 10 | ISHARES TR | RUSSELL 2000 ETF | 1.99% | $2M | 12.7K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $274M | 12 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $285M | 13 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $329M | 12 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $253M | 11 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $241M | 11 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $259M | 12 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $236M | 11 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $238M | 13 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $217M | 12 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $202M | 13 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $121M | 8 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $152M | 9 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $114M | 9 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $92M | 7 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $86M | 8 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $108M | 10 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $132M | 9 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $102M | 9 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
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 ↗.