SEC 13F Intelligence

Managers / Q4 2024 · view latest →

325 CAPITAL LLC

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

Reported Value
$259M
Q4 2024
Positions
12
Filings on Record
18
2019–present window
Filed
Feb 14, 2025
original filing

Summary

325 Capital LLC reported $259M in U.S.-listed holdings across 12 positions for Q4 2024.

Its largest position, 51A, represents 18.9% of the portfolio.

Compared with Q3 2024, the fund opened 1 new position and exited 0.

Portfolio Metrics

Turnover
+12.2%
vs prior filed quarter
Top-10 Concentration
+96.8%
share of reported value
Largest Position
+18.9%
American Pub Ed

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: 91.7%Other: 6.7%ETP: 1.6%
  • Common Stock · 91.7% · $237M
  • Other · 6.7% · $17M
  • ETP · 1.6% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AIOTPOWERFLEET INCNEW+3.71M3.71M+$25M$25M
LDELIFECORE BIOMEDICAL INCADDED+792.7K2.16M+$9M$16M
ASTHASTRANA HEALTH INCADDED+206.0K886.9K−$11M$28M
51AAMERICAN PUB ED INCHELD+02.27M+$15M$49M
BLBDBLUE BIRD CORPHELD+0811.8K−$8M$31M
ATROASTRONICS CORPHELD+01.74M−$6M$28M
MULTISENSOR AI HOLDINGS INCHELD+09.38M−$3M$17M
BTMDBIOTE CORPHELD+04.55M+$3M$28M

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

Holdings — Q4 2024

12 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
151AAMERICAN PUB ED INChistory →COM18.93%$49M2.27M
2BLBDBLUE BIRD CORPhistory →COM12.12%$31M811.8K
3BTMDBIOTE CORPhistory →CLASS A COM10.87%$28M4.55M
4ASTHASTRANA HEALTH INChistory →COM NEW10.81%$28M886.9K
5ATROASTRONICS CORPhistory →COM10.74%$28M1.74M
6AIOTPOWERFLEET INChistory →COM9.56%$25M3.71M
7MULTISENSOR AI HOLDINGS INCCOM6.67%$17M9.38M
8LDELIFECORE BIOMEDICAL INChistory →COM6.21%$16M2.16M
9MPAAMOTORCAR PTS AMER INChistory →COM5.93%$15M2.02M
10HTLDHEARTLAND EXPRESS INChistory →COM4.92%$13M1.14M
11ISHARES TR0-3 MNTH TREASRY1.64%$4M42.2K
12TACTTRANSACT TECHNOLOGIES INChistory →COM1.60%$4M1.01M

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 ↗.