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FINDELL CAPITAL MANAGEMENT LLC

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13F filer, CIK 1814465, New York, NY

FINDELL CAPITAL MANAGEMENT LLC reported $710,283,016 across 13 holdings for the quarter ended 2026-06-30, in a 13F-HR filed 2026-08-14. Its ten largest share positions make up 95.96% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000921895-26-002185

Period
2026-06-30
Reported value
$710M
Holdings
13
Top 10 weight
95.96%
New
3
Sold out
8

Largest buys vs the previous quarter

SecurityShares changeApprox. value
CELHadded+550,000$16.1M
FIGnew+745,000$13.5M
RKTnew+700,000$11M
ABVXadded+80,000$10.7M
ESTAadded+98,253$8.43M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
CVEexited-375,000-$9.95M
DAVEreduced-25,000-$9.31M
ACHCexited-380,000-$8.89M
MLYSexited-202,000-$5.47M
VETexited-370,000-$5.1M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2026

Share positions as resolved from 13F-HR 0000921895-26-002185, largest first. % of portfolio is the value over $606,626,043, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
LQDALIQUIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: 3,193,539 shares; 2024Q4: 3,080,000 shares; 2025Q1: 2,890,000 shares; 2025Q2: 3,000,000 shares; 2025Q3: 2,830,000 shares; 2025Q4: 2,851,449 shares; 2026Q1: 3,502,112 shares; 2026Q2: 3,502,112 shares 3,502,112$279M46.03%0Timeline
ESTAESTABLISHMENT LABS HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: 1,028,100 shares; 2024Q4: 1,346,480 shares; 2025Q1: 1,384,480 shares; 2025Q2: 1,379,480 shares; 2025Q3: 1,295,420 shares; 2025Q4: 1,130,460 shares; 2026Q1: 997,747 shares; 2026Q2: 1,096,000 shares 1,096,000$94M15.5%+98,253Timeline
DAVEDAVE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 38,000 shares; 2025Q4: 70,000 shares; 2026Q1: 170,000 shares; 2026Q2: 145,000 shares 145,000$54M8.91%-25,000Timeline
SGHCSUPER GROUP SGHC LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 670,099 shares; 2025Q4: 940,000 shares; 2026Q1: 1,500,000 shares; 2026Q2: 2,100,000 shares 2,100,000$28.5M4.69%+600,000Timeline
ROOTROOT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 87,917 shares; 2025Q3: 60,000 shares; 2025Q4: 235,000 shares; 2026Q1: 375,000 shares; 2026Q2: 460,000 shares 460,000$25.7M4.24%+85,000Timeline
ABVXABIVAX SAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 40,000 shares; 2025Q4: 48,000 shares; 2026Q1: 105,000 shares; 2026Q2: 185,000 shares 185,000$24.7M4.06%+80,000Timeline
GEOGEO GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: not reported; 2024Q4: 515,000 shares; 2025Q1: 750,000 shares; 2025Q2: 580,000 shares; 2025Q3: 560,000 shares; 2025Q4: 650,000 shares; 2026Q1: 875,000 shares; 2026Q2: 800,000 shares 800,000$23.6M3.9%-75,000Timeline
CELHCELSIUS HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: not reported; 2024Q4: 250,000 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 210,000 shares; 2026Q1: 200,000 shares; 2026Q2: 750,000 shares 750,000$22M3.62%+550,000Timeline
OPRTOPORTUN FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: 3,469,600 shares; 2024Q4: 3,469,600 shares; 2025Q1: 3,401,300 shares; 2025Q2: 2,836,300 shares; 2025Q3: 2,568,300 shares; 2025Q4: 2,568,300 shares; 2026Q1: 2,748,300 shares; 2026Q2: 2,798,300 shares 2,798,300$16M2.63%+50,000Timeline
TPBTURNING PT BRANDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 90,000 shares; 2025Q4: 127,000 shares; 2026Q1: 95,000 shares; 2026Q2: 170,000 shares 170,000$14.4M2.38%+75,000Timeline
FIGFIGMA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: not reported; 2026Q2: 745,000 shares 745,000$13.5M2.22%newTimeline
RKTROCKET COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: not reported; 2026Q2: 700,000 shares 700,000$11M1.82%newTimeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
LQDALIQUIDIA CORPORATION Stockput1,300,100$104Mnew

Sold out in Q2 2026

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
CVECENOVUS ENERGY INC375,000$9.95Mshares
ACHCACADIA HEALTHCARE COMPANY IN380,000$8.89Mshares
MLYSMINERALYS THERAPEUTICS INC202,000$5.47Mshares
VETVERMILION ENERGY INC370,000$5.1Mshares
APLDAPPLIED DIGITAL CORP170,000$4.04Mshares
LQDALIQUIDIA CORPORATION50,000$1.89Mcall
BTUPEABODY ENGR CORP8,381$276Kshares
EHTHEHEALTH INC179,027$231Kshares

How Q2 2026 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000921895-26-002185 base2026-08-14acceptance time not in the bulk data set

Filings

Every filing of this filer: 13F reports and notices, the 13D and 13G it filed or is a reporting person of, and Forms 3, 4 and 5 it reported as an owner.

FilingSubjectFiledAcceptedIngested
13F-HR 0000921895-26-002185 Quarter ended 2026-06-302026-08-14acceptance time not in the bulk data set
13F-HR 0000921895-26-001410 Quarter ended 2026-03-312026-05-15acceptance time not in the bulk data set
13F-HR 0000921895-26-000470 Quarter ended 2025-12-312026-02-17acceptance time not in the bulk data set
13F-HR 0000921895-25-003108 Quarter ended 2025-09-302025-11-14acceptance time not in the bulk data set
13F-HR 0000921895-25-002301 Quarter ended 2025-06-302025-08-14acceptance time not in the bulk data set
13F-HR 0000921895-25-001541 Quarter ended 2025-03-312025-05-15acceptance time not in the bulk data set
13F-HR 0000921895-25-000468 Quarter ended 2024-12-312025-02-14acceptance time not in the bulk data set
13F-HR 0000921895-24-002708 Quarter ended 2024-09-302024-11-14acceptance time not in the bulk data set
13F-HR 0000921895-24-001816 Quarter ended 2024-06-302024-08-14acceptance time not in the bulk data set
13F-HR 0000921895-24-001226 Quarter ended 2024-03-312024-05-15acceptance time not in the bulk data set
13F-HR/A 0001405086-24-000071 Quarter ended 2023-12-312024-02-21acceptance time not in the bulk data set
13F-HR 0001405086-24-000061 Quarter ended 2023-12-312024-02-14acceptance time not in the bulk data set