SEC 13F Intelligence

Managers / Q3 2024 · view latest →

325 CAPITAL LLC

CIK 0001873893 · 757 THIRD AVENUE, 20TH FLOOR, NEW YORK, NY, 10017 · 212-376-5325

Reported Value
$236M
Q3 2024
Positions
11
Filings on Record
18
2019–present window
Filed
Nov 14, 2024
original filing

Summary

325 Capital LLC reported $236M in U.S.-listed holdings across 11 positions for Q3 2024.

Its largest position, ASTH, represents 16.7% of the portfolio.

Compared with Q2 2024, the fund opened 1 new position and exited 3.

Portfolio Metrics

Turnover
+23.9%
vs prior filed quarter
Top-10 Concentration
+98.2%
share of reported value
Largest Position
+16.7%
Astrana Health
New / Exited
1 / 3
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 ’21: $102MQ4 ’21Q1 ’22: $132MQ2 ’22: $108MQ3 ’22: $86MQ3 ’22Q4 ’22: $92MQ1 ’23: $114MQ2 ’23: $152MQ2 ’23Q3 ’23: $121MQ4 ’23: $202MQ1 ’24: $217MQ1 ’24Q2 ’24: $238MQ3 ’24: $236MQ4 ’24: $259MQ4 ’24Q1 ’25: $241MQ2 ’25: $253MQ3 ’25: $329MQ3 ’25Q4 ’25: $285MQ1 ’26: $274Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 89.6%Other: 8.6%ETP: 1.8%
  • Common Stock · 89.6% · $212M
  • Other · 8.6% · $20M
  • ETP · 1.8% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MULTISENSOR AI HOLDINGS INCNEW+9.38M9.38M+$20M$20M
IDIINTERDIGITAL INCSOLD OUT−102.1K0−$12M$0
COHUCOHU INCSOLD OUT−341.8K0−$11M$0
ZETAZETA GLOBAL HOLDINGS CORPSOLD OUT−621.2K0−$11M$0
ISHARES TRTRIMMED−152.5K42.2K−$15M$4M
51AAMERICAN PUB ED INCADDED+986.8K2.27M+$11M$33M
MPAAMOTORCAR PTS AMER INCADDED+613.7K2.02M+$6M$15M
HTLDHEARTLAND EXPRESS INCADDED+232.6K1.14M+$3M$14M

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

Holdings — Q3 2024

11 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ASTHASTRANA HEALTH INChistory →COM NEW16.70%$39M680.9K
2BLBDBLUE BIRD CORPhistory →COM16.48%$39M811.8K
3ATROASTRONICS CORPhistory →COM14.36%$34M1.74M
451AAMERICAN PUB ED INChistory →COM14.18%$33M2.27M
5BTMDBIOTE CORPhistory →CLASS A COM10.75%$25M4.55M
6MULTISENSOR AI HOLDINGS INCCOM8.57%$20M9.38M
7MPAAMOTORCAR PTS AMER INChistory →COM6.32%$15M2.02M
8HTLDHEARTLAND EXPRESS INChistory →COM5.90%$14M1.14M
9LDELIFECORE BIOMEDICAL INChistory →COM2.86%$7M1.37M
10TACTTRANSACT TECHNOLOGIES INChistory →COM2.08%$5M1.01M
11ISHARES TR0-3 MNTH TREASRY1.80%$4M42.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$274M12May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$285M13Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$329M12Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$253M11Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$241M11May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$259M12Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$236M11Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$238M13Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$217M12May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$202M13Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$121M8Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$152M9Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$114M9May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$92M7Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$86M8Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$108M10Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$132M9May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$102M9Feb 14, 202213F-HRchanges · 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 ↗.