Archon Capital Management LLC's Q2 2024 13F: 2 new positions, 10 exits
Form 13F-HR for the quarter ended Jun 30, 2024 · filed Aug 14, 2024 · 22 reported positions · accession 0000919574-24-004518
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | EZCORP INC (EZPW) | 9.6% | 11.1% | +1.4 pts | −887K sh | −49% |
| Reduced | ZOOM VIDEO COMMUNICATIONS IN (ZM) | 6.3% | 3.9% | −2.4 pts | −147K sh | −72% |
| Reduced | KORU MEDICAL SYSTEMS INC (KRMD) | 4.4% | 3.2% | −1.2 pts | −2.9M sh | −73% |
| Exited | PACIRA BIOSCIENCES INC (PCRX) | 7.4% | — | −7.4 pts | −537K sh | −100% |
| Reduced | ACCURAY INC (ARAY) | 7.6% | 6.6% | −1.0 pts | −3.38M sh | −52% |
| Reduced | RED ROBIN GOURMET BURGERS IN (RRGB) | 6.8% | 10.4% | +3.7 pts | −683K sh | −37% |
| Reduced | CANTALOUPE INC (CTLP) | 4.4% | 5.1% | +0.8 pts | −765K sh | −53% |
| Reduced | COMTECH TELECOMMUNICATIONS C (CMTL) | 2.7% | 0.8% | −1.9 pts | −1.42M sh | −86% |
| Reduced | KRATOS DEFENSE & SEC SOLUTIO (KTOS) | 3.9% | 7.1% | +3.2 pts | −147K sh | −33% |
| Reduced | DHI GROUP INC (DHX) | 2.4% | 1.5% | −0.9 pts | −1.39M sh | −69% |
| Reduced | LIVEPERSON INC (LPSNXXXX) | 2.5% | 0.5% | −2.0 pts | −4.59M sh | −86% |
| Exited | BUMBLE INC (BMBL) | 3.0% | — | −3.0 pts | −561K sh | −100% |
| New | ORION GROUP HLDGS INC (ORN) | — | 3.0% | +3.0 pts | +271K sh | new |
| Exited | KOPIN CORP (KOPN) | 2.7% | — | −2.7 pts | −3.19M sh | −100% |
| Reduced | LSI INDS INC OHIO (LYTS) | 2.8% | 4.0% | +1.2 pts | −154K sh | −39% |
| New | LEONARDO DRS INC (DRS) | — | 2.5% | +2.5 pts | +85,342 sh | new |
| Increased | POTBELLY CORP (PBPB) | 2.6% | 6.5% | +3.9 pts | +238K sh | +52% |
| Reduced | HONEST CO INC (HNST) | 1.7% | 0.8% | −0.9 pts | −649K sh | −73% |
| Exited | EMCORE CORP (EMKR) | 2.0% | — | −2.0 pts | −12.55M sh | −100% |
| Reduced | STEREOTAXIS INC (STXS) | 3.1% | 3.4% | +0.3 pts | −905K sh | −36% |
| Reduced | CVRX INC (CVRX) | 2.4% | 2.3% | −0.2 pts | −120K sh | −42% |
| Exited | ZUORA INC (ZUO) | 1.7% | — | −1.7 pts | −383K sh | −100% |
| Exited | TTM TECHNOLOGIES INC (TTMI) | 1.5% | — | −1.5 pts | −198K sh | −100% |
| Exited | TREACE MED CONCEPTS INC (TMCI) | 0.8% | — | −0.8 pts | −130K sh | −100% |
| Reduced | ASURE SOFTWARE INC (ASUR) | 3.0% | 7.1% | +4.2 pts | −75,284 sh | −9% |
| Exited | ORASURE TECHNOLOGIES INC (OSUR) | 0.6% | — | −0.6 pts | −207K sh | −100% |
| Reduced | APYX MEDICAL CORPORATION (APYX) | 2.2% | 4.9% | +2.6 pts | −337K sh | −10% |
| Exited | HARVARD BIOSCIENCE INC (HBIO) | 0.5% | — | −0.5 pts | −261K sh | −100% |
| Reduced | EDAP TMS S A (EDAP) | 4.2% | 7.2% | +3.0 pts | −73,144 sh | −6% |
| Reduced | LIGHTPATH TECHNOLOGIES INC (LPTH) | 1.4% | 2.8% | +1.4 pts | −173K sh | −8% |
| Exited | BUTTERFLY NETWORK INC (BFLY) | 0.2% | — | −0.2 pts | −326K sh | −100% |
| Reduced | NEURONETICS INC (STIM) | 5.7% | 5.2% | −0.5 pts | −63,828 sh | −3% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 71.2% of the equity book
Changes in the top 10 this quarter: ASUR entered · PBPB entered · APYX entered · PCRX left · ZM left · KRMD left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | EZCORP INC (EZPW) | 9.6% | 11.1% | |
| 2 | RED ROBIN GOURMET BURGERS IN (RRGB) | 6.8% | 10.4% | |
| 3 | EDAP TMS S A (EDAP) | 4.2% | 7.2% | |
| 4 | ASURE SOFTWARE INC (ASUR) | 3.0% | 7.1% | Entered the top 10 |
| 5 | KRATOS DEFENSE & SEC SOLUTIO (KTOS) | 3.9% | 7.1% | |
| 6 | ACCURAY INC (ARAY) | 7.6% | 6.6% | |
| 7 | POTBELLY CORP (PBPB) | 2.6% | 6.5% | Entered the top 10 |
| 8 | NEURONETICS INC (STIM) | 5.7% | 5.2% | |
| 9 | CANTALOUPE INC (CTLP) | 4.4% | 5.1% | |
| 10 | APYX MEDICAL CORPORATION (APYX) | 2.2% | 4.9% | Entered the top 10 |
| — | PACIRA BIOSCIENCES INC (PCRX) | 7.4% | 0.0% | Left the top 10 |
| — | ZOOM VIDEO COMMUNICATIONS IN (ZM) | 6.3% | 3.9% | Left the top 10 |
| — | KORU MEDICAL SYSTEMS INC (KRMD) | 4.4% | 3.2% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Exited | INVESCO QQQ TR (QQQ) | Put | 110K | 0 | $0 |
| New | ISHARES TR (IWM) | Call | 0 | 184K | $37.2M |
| Exited | SPDR S&P 500 ETF TR (SPY) | Put | 40,000 | 0 | $0 |
| Exited | ISHARES TR (IWM) | Put | 40,000 | 0 | $0 |
| New | COMTECH TELECOMMUNICATIONS C (CMTL) | Call | 0 | 70,000 | $212K |