GARDNER LEWIS ASSET MANAGEMENT L P's Q2 2025 13F: 21 new positions, 26 exits
Form 13F-HR for the quarter ended Jun 30, 2025 · filed Aug 12, 2025 · 76 reported positions · accession 0000941560-25-000025
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | Intra-Cellular Therapies, Inc. (ITCI) | 4.6% | — | −4.6 pts | −146K sh | −100% |
| Exited | The First Bancshares, Inc. (FBMS) | 3.7% | — | −3.7 pts | −455K sh | −100% |
| New | Everi Holdings, Inc. (EVRI) | — | 3.0% | +3.0 pts | +854K sh | new |
| Exited | Beacon Roofing Supply, Inc. (BECN) | 3.0% | — | −3.0 pts | −99,000 sh | −100% |
| New | Dun & Bradstreet Holdings, Inc (DNB) | — | 2.7% | +2.7 pts | +1.17M sh | new |
| Increased | Penn Woods Bancorp Inc. (PWOD) | 0.2% | 2.8% | +2.6 pts | +339K sh | +1258% |
| New | Redfin Corporation (RDFN) | — | 2.4% | +2.4 pts | +872K sh | new |
| Exited | Nevro Corp. (NVRO) | 2.3% | — | −2.3 pts | −1.63M sh | −100% |
| Exited | Evans Bancorp, Inc. (EVBN) | 2.3% | — | −2.3 pts | −244K sh | −100% |
| Exited | Air Transport Services Group, (ATSG) | 2.2% | — | −2.2 pts | −410K sh | −100% |
| New | Frontier Communications Parent (FYBR) | — | 2.0% | +2.0 pts | +224K sh | new |
| Exited | VOXX International Corp. (VOXX) | 1.8% | — | −1.8 pts | −989K sh | −100% |
| Exited | Nordstrom, Inc. (JWN) | 1.7% | — | −1.7 pts | −294K sh | −100% |
| Exited | Chimerix, Inc. (CMRX) | 1.6% | — | −1.6 pts | −775K sh | −100% |
| New | Enstar Group Limited (ESGR) | — | 1.5% | +1.5 pts | +18,429 sh | new |
| Reduced | Juniper Networks, Inc. (JNPR) | 2.7% | 1.5% | −1.1 pts | −153K sh | −50% |
| New | Servotronics, Inc. (SVT) | — | 1.3% | +1.3 pts | +115K sh | new |
| Exited | Despegar.com Corp. (DESP) | 1.3% | — | −1.3 pts | −295K sh | −100% |
| Exited | Altus Power, Inc. (AMPS) | 1.3% | — | −1.3 pts | −1.11M sh | −100% |
| Increased | ESSA Bancorp, Inc. (ESSA) | 0.4% | 1.7% | +1.3 pts | +273K sh | +310% |
| Exited | Village Bank & Trust Financial (VBFC) | 1.3% | — | −1.3 pts | −67,361 sh | −100% |
| New | Amedisys, Inc. (AMED) | — | 1.3% | +1.3 pts | +52,099 sh | new |
| New | iCAD, Inc. (ICAD) | — | 1.3% | +1.3 pts | +1.33M sh | new |
| Exited | Intevac, Inc. (IVAC) | 1.3% | — | −1.3 pts | −1.31M sh | −100% |
| New | Inozyme Pharma, Inc. (INZY) | — | 1.3% | +1.3 pts | +1.26M sh | new |
| Exited | Playa Hotels & Resorts N.V. (PLYA) | 1.1% | — | −1.1 pts | −350K sh | −100% |
| Exited | The First of Long Island Corp. (FLIC) | 1.0% | — | −1.0 pts | −341K sh | −100% |
| Exited | William Penn Bancorporation (WMPN) | 0.7% | — | −0.7 pts | −275K sh | −100% |
| Exited | Sandy Spring Bancorp, Inc. (SASR) | 0.7% | — | −0.7 pts | −103K sh | −100% |
| Reduced | NVIDIA Corp. (NVDA) | 6.9% | 9.8% | +2.9 pts | −16,080 sh | −6% |
| New | Sitio Royalties Corp. (STR) | — | 0.6% | +0.6 pts | +129K sh | new |
| New | Deckers Outdoor Corp. (DECK) | — | 0.5% | +0.5 pts | +19,291 sh | new |
| Increased | Southern States Bancshares, In (SSBK) | 0.2% | 0.7% | +0.5 pts | +54,615 sh | +234% |
| Exited | 2Seventy Bio, Inc. (TSVT) | 0.5% | — | −0.5 pts | −396K sh | −100% |
| Reduced | Exxon Mobil Corp. (XOM) | 1.5% | 1.0% | −0.5 pts | −16,400 sh | −31% |
| New | CFSB Bancorp, Inc. (CFSB) | — | 0.4% | +0.4 pts | +104K sh | new |
| New | Alibaba Group Holdings, Ltd. (BABA) | — | 0.3% | +0.3 pts | +12,320 sh | new |
| Increased | PlayAGS, Inc. (AGS) | 2.3% | 2.8% | +0.5 pts | +103K sh | +13% |
| Exited | KKR & Co., Inc. (KKR) | 0.3% | — | −0.3 pts | −10,655 sh | −100% |
| Exited | UnitedHealth Group, Inc. (UNH) | 0.3% | — | −0.3 pts | −2,330 sh | −100% |
| Increased | Bridge Investment Group Holdin (BRDG) | 1.3% | 1.6% | +0.4 pts | +108K sh | +20% |
| Exited | Chipotle Mexican Grill, Inc. (CMG) | 0.2% | — | −0.2 pts | −19,415 sh | −100% |
| Reduced | Kellanova (K) | 2.5% | 2.3% | −0.2 pts | −11,578 sh | −9% |
| New | Mr. Cooper Group, Inc. (COOP) | — | 0.2% | +0.2 pts | +6,000 sh | new |
| Increased | Enterprise Bancorp Inc. (EBTC) | 0.7% | 0.9% | +0.3 pts | +22,094 sh | +31% |
| Increased | AutoZone, Inc. (AZO) | 0.2% | 0.4% | +0.2 pts | +232 sh | +112% |
| Increased | Humana, Inc. (HUM) | 0.4% | 0.6% | +0.2 pts | +3,475 sh | +51% |
| Exited | Martin Midstream Partners, LP. (MMLP) | 0.2% | — | −0.2 pts | −230K sh | −100% |
| Exited | Stryker Corp. (SYK) | 0.2% | — | −0.2 pts | −2,160 sh | −100% |
| Exited | Motorola Solutions, Inc. (MSI) | 0.2% | — | −0.2 pts | −1,800 sh | −100% |
The 50 largest of 91 changes, by size of the trade. Full holdings for this quarter.
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 — 38.8% of the equity book
Changes in the top 10 this quarter: MSFT entered · EVRI entered · TDG entered · PWOD entered · ITCI left · FBMS left · BECN left · JNPR left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | NVIDIA Corp. (NVDA) | 6.9% | 9.8% | |
| 2 | Mastercard Inc. - Class A (MA) | 3.7% | 3.9% | |
| 3 | Boeing Co. (BA) | 2.8% | 3.6% | |
| 4 | Microsoft Corp. (MSFT) | 2.6% | 3.4% | Entered the top 10 |
| 5 | Amazon.com, Inc. (AMZN) | 2.9% | 3.4% | |
| 6 | UBS Group AG (UBS) | 2.7% | 3.1% | |
| 7 | Everi Holdings, Inc. (EVRI) | 0.0% | 3.0% | Entered the top 10 |
| 8 | TransDigm Group, Inc. (TDG) | 2.5% | 2.9% | Entered the top 10 |
| 9 | Apple, Inc. (AAPL) | 2.9% | 2.8% | |
| 10 | Penn Woods Bancorp Inc. (PWOD) | 0.2% | 2.8% | Entered the top 10 |
| — | Intra-Cellular Therapies, Inc. (ITCI) | 4.6% | 0.0% | Left the top 10 |
| — | The First Bancshares, Inc. (FBMS) | 3.7% | 0.0% | Left the top 10 |
| — | Beacon Roofing Supply, Inc. (BECN) | 3.0% | 0.0% | Left the top 10 |
| — | Juniper Networks, Inc. (JNPR) | 2.7% | 1.5% | 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).