GRUBER & MCBAINE CAPITAL MANAGEMENT LLC

13F filer, CIK 909450, SAN FRANCISCO, CA

GRUBER & MCBAINE CAPITAL MANAGEMENT LLC reported $383,055,000 across 166 holdings for the quarter ended 2013-12-31, in a 13F-HR filed 2014-02-11. Its ten largest share positions make up 34.19% of the portfolio.

Filed 2014-02-11 (acceptance time not in the bulk data set), ingested 2026-10-07 19:53:46 UTC13F-HR 0000909450-14-000001

Period: 2013-12-31
Reported value: $383M
Holdings: 166
Top 10 weight: 34.19%
New: 41
Sold out: 27

Largest buys vs the previous quarter

Security	Shares change	Approx. value
MDC PARTNERS INCadded	+465,275	$11.9M
FLRnew	+45,000	$3.61M
FFIVnew	+30,000	$2.73M
SPRnew	+80,000	$2.73M
SOUTHWESTERN ENERGY COnew	+60,000	$2.36M

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

Security	Shares change	Approx. value
UALreduced	-105,900	-$4.01M
OTEXexited	-40,000	-$2.99M
HIMXreduced	-200,000	-$2.94M
NQ MOBILE INCexited	-130,000	-$2.83M
PERMA-FIX ENVIRONMENTAL SVCSreduced	-840,140	-$2.73M

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, Q4 2013

Share positions as resolved from 13F-HR 0000909450-14-000001, largest first. % of portfolio is the value over $383,058,000, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Latest event	Timeline
MDC PARTNERS INCMDC PARTNERS INC	1,510,532	$38.5M	10.06%	+465,275
STKLSUNOPTA INC	2,417,093	$24.2M	6.32%	+45,100		Timeline
HIMXHIMAX TECHNOLOGIES INC	1,150,000	$16.9M	4.42%	-200,000		Timeline
IMAGEWARE SYSTEMS INC COMIMAGEWARE SYSTEMS INC COM	5,863,548	$10.2M	2.66%	-763,175
Lihua International Inc.Lihua International Inc.	1,581,570	$9.05M	2.36%	0
Move IncMove Inc	414,000	$6.62M	1.73%	-25
ALCATEL-LUCENT - SPONSORED …ALCATEL-LUCENT - SPONSORED ADR	1,500,000	$6.6M	1.72%	-599,400	The CUSIP as filed is malformed.
PIONEER NATURAL RESOURCES COPIONEER NATURAL RESOURCES CO	34,500	$6.35M	1.66%	-3,500
CONNQCONNS INC	80,000	$6.3M	1.65%	0		Timeline
PRIMPRIMORIS SVCS CORP	200,000	$6.23M	1.63%	0		Timeline
APPLE INCAPPLE INC	10,500	$5.89M	1.54%	0	The CUSIP as filed is malformed.
UBIQUITI NETWORKS INCUBIQUITI NETWORKS INC	120,000	$5.51M	1.44%	+27,500
NCI BUILDING SYSTEMS INCNCI BUILDING SYSTEMS INC	294,500	$5.17M	1.35%	+122,500
POWERSECURE INTERNATIONAL INPOWERSECURE INTERNATIONAL IN	274,300	$4.71M	1.23%	0
XILINX INCXILINX INC	100,000	$4.59M	1.2%	+35,000
Procera Networks direct regProcera Networks direct reg	290,000	$4.36M	1.14%	0
Be Aerospace IncBe Aerospace Inc	49,925	$4.34M	1.13%	0	The CUSIP as filed is malformed.
CLHCLEAN HARBORS INC	70,000	$4.2M	1.1%	+10,000		Timeline
Liberty Global Series CLiberty Global Series C	47,796	$4.03M	1.05%	0
SIGASIGA TECHNOLOGIES INC	1,174,954	$3.84M	1%	0		Timeline
Willbros GroupWillbros Group	406,000	$3.83M	1%	+20,000
DAKOTA PLAINSDAKOTA PLAINS	1,649,800	$3.79M	0.99%	+574,800
FLRFLUOR CORP	45,000	$3.61M	0.94%	new		Timeline
CALXCALIX INC	354,900	$3.42M	0.89%	+64,900		Timeline
LOGMEIN INCLOGMEIN INC	101,800	$3.42M	0.89%	+21,800
EOGEOG RES INC	20,326	$3.41M	0.89%	0		Timeline
LXULSB INDS INC	80,000	$3.28M	0.86%	+20,000		Timeline
SHORETEL INCSHORETEL INC	350,000	$3.25M	0.85%	-26,000
EXTREXTREME NETWORKS INC	455,000	$3.19M	0.83%	-54,536		Timeline
GNWGENWORTH FINL INC	199,900	$3.1M	0.81%	0		Timeline
VYXNCR VOYIX CORPORATION	90,000	$3.06M	0.8%	-24,650		Timeline
FFIVF5 INC	30,000	$2.73M	0.71%	new		Timeline
SPRSPIRIT AEROSYSTEMS HLDGS INC	80,000	$2.73M	0.71%	new		Timeline
ODYSSEY MARINE EXPLORATION IODYSSEY MARINE EXPLORATION I	1,340,526	$2.71M	0.71%	-200,000
FIVE STAR SENIOR LIVINGFIVE STAR SENIOR LIVING	490,000	$2.69M	0.7%	0
Advanced Emissions Solution…Advanced Emissions Solutions Inc	49,181	$2.67M	0.7%	-10,000	The CUSIP as filed is malformed.
UALUNITED AIRLS HLDGS INC	69,100	$2.61M	0.68%	-105,900		Timeline
INTERNATIONAL RECTIFIER CORPINTERNATIONAL RECTIFIER CORP	100,000	$2.61M	0.68%	0
Altera Corp.Altera Corp.	80,000	$2.6M	0.68%	+70,000	The CUSIP as filed is malformed.
U S AIRWAYS GROUP INCU S AIRWAYS GROUP INC	100,000	$2.52M	0.66%	0
DYDYCOM INDS INC	90,000	$2.5M	0.65%	-9,930		Timeline
INVENSENSE INCINVENSENSE INC	120,000	$2.49M	0.65%	-45,000
Aruba NetworksAruba Networks	135,000	$2.42M	0.63%	+25,000	The CUSIP as filed is malformed.
Broadcom IncBroadcom Inc	45,000	$2.38M	0.62%	-10,000
SOUTHWESTERN ENERGY COSOUTHWESTERN ENERGY CO	60,000	$2.36M	0.62%	new
U S G CORPU S G CORP	79,800	$2.27M	0.59%	0
Just Energy Income FundJust Energy Income Fund	314,000	$2.23M	0.58%	-5,000
MCDMCDONALDS CORP	23,000	$2.23M	0.58%	new		Timeline
CALLIDUS SOFTWARE INCCALLIDUS SOFTWARE INC	160,000	$2.2M	0.57%	-26,862
GPREGREEN PLAINS INC	111,660	$2.17M	0.57%	0		Timeline
HEADWATERS INCHEADWATERS INC	219,900	$2.15M	0.56%	0
MEOHMETHANEX CORP	35,000	$2.07M	0.54%	new		Timeline
SCORPIO TANKERS INCSCORPIO TANKERS INC	175,000	$2.06M	0.54%	+100,000
STRATASYS INCSTRATASYS INC	15,000	$2.02M	0.53%	new
VLOVALERO ENERGY CORP	40,000	$2.02M	0.53%	0		Timeline
INFOBLOX INCINFOBLOX INC	60,000	$1.98M	0.52%	0
MATTSON TECHNOLOGY INCMATTSON TECHNOLOGY INC	721,300	$1.98M	0.52%	+102,300
BROOKFIELD RESIDENTIAL PPTYSBROOKFIELD RESIDENTIAL PPTYS	79,982	$1.94M	0.51%	0
ADVANCED MICRO DEVICES INCADVANCED MICRO DEVICES INC	500,000	$1.94M	0.51%	new	The CUSIP as filed is malformed.
WEB.COM GROUP INCWEB.COM GROUP INC	60,000	$1.91M	0.5%	+20,000
BFC FinancialBFC Financial	650,000	$1.88M	0.49%	+580,000	The CUSIP as filed is malformed.
TRAVELCENTERS OF AMERICA LLCTRAVELCENTERS OF AMERICA LLC	191,000	$1.86M	0.49%	+76,000
IRDMIRIDIUM COMMUNICATIONS INC	296,500	$1.86M	0.48%	-211,688		Timeline
LPXLOUISIANA PAC CORP	100,000	$1.85M	0.48%	new		Timeline
CUI GLOBAL INCCUI GLOBAL INC	285,000	$1.8M	0.47%	+87,500
ATIATI INC	50,000	$1.78M	0.47%	+20,000		Timeline
ASTRAZENECA PLCASTRAZENECA PLC	30,000	$1.78M	0.46%	new	The CUSIP as filed is malformed.
Swift TransportationSwift Transportation	80,000	$1.78M	0.46%	new
Polo Ralph Lauren Cl APolo Ralph Lauren Cl A	10,000	$1.77M	0.46%	new
TBBKBANCORP INC DEL	97,000	$1.74M	0.45%	-10,452		Timeline
DARDARLING INGREDIENTS INC	83,000	$1.73M	0.45%	new		Timeline
NORTHERN TIER ENERGY LPNORTHERN TIER ENERGY LP	70,000	$1.72M	0.45%	0
EMULEX CORPEMULEX CORP	240,000	$1.72M	0.45%	-30,000
TDCTERADATA CORP DEL	37,450	$1.7M	0.44%	-5,000		Timeline
PLABPHOTRONICS INC	186,777	$1.69M	0.44%	0		Timeline
Emcore CorpEmcore Corp	325,000	$1.66M	0.43%	+25,000
MTZMASTEC INC	50,000	$1.64M	0.43%	new		Timeline
QUICKLOGIC CORPQUICKLOGIC CORP	400,000	$1.58M	0.41%	+355,000
American Vanguard CorpAmerican Vanguard Corp	65,002	$1.58M	0.41%	0	The CUSIP as filed is malformed.
Points IntlPoints Intl	60,000	$1.52M	0.4%	0
MEIMETHODE ELECTRS INC	41,900	$1.43M	0.37%	-28,050		Timeline
INFINERA CORPINFINERA CORP	145,000	$1.42M	0.37%	+15,000
SONIC CORPSONIC CORP	70,000	$1.41M	0.37%	-30,000
Axcelis Technologies IncAxcelis Technologies Inc	575,000	$1.4M	0.37%	new	The CUSIP as filed is malformed.
ADTRAN INCADTRAN INC	49,700	$1.34M	0.35%	0
TSNTYSON FOODS INC	40,000	$1.34M	0.35%	new		Timeline
OSISOSI SYSTEMS INC	24,950	$1.32M	0.35%	0		Timeline
FLOFLOWERS FOODS INC	60,000	$1.29M	0.34%	0		Timeline
SAIASAIA INC	40,000	$1.28M	0.33%	0		Timeline
NBISNEBIUS GROUP N.V.	27,861	$1.2M	0.31%	0		Timeline
TPCTUTOR PERINI CORP	45,500	$1.2M	0.31%	new		Timeline
BP Prudhoe Royalty TrustBP Prudhoe Royalty Trust	15,000	$1.19M	0.31%	+5,000	The CUSIP as filed is malformed.
HIPCRICKET INC NEW COMHIPCRICKET INC NEW COM	2,635,000	$1.19M	0.31%	+1,750,000
MANDALAY DIGITAL GROUP INCMANDALAY DIGITAL GROUP INC	452,000	$1.18M	0.31%	+52,000
BNOUNITED STS BRENT OIL FD LP	26,500	$1.18M	0.31%	-53,500		Timeline
PAGPENSKE AUTOMOTIVE GRP INC	25,000	$1.18M	0.31%	new		Timeline
TEEKAY TANKERS LTDTEEKAY TANKERS LTD	300,000	$1.18M	0.31%	+66,929
SUNEDISON INCSUNEDISON INC	90,000	$1.18M	0.31%	new
RF MICRODEVICES INCRF MICRODEVICES INC	225,000	$1.16M	0.3%	-25,000
CANCER GENETICS INC.CANCER GENETICS INC.	83,900	$1.16M	0.3%	new
FTNTFORTINET INC	60,000	$1.15M	0.3%	new		Timeline
UEICUNIVERSAL ELECTRS INC	30,000	$1.14M	0.3%	+15,000		Timeline
GOL LINHAS AEREAS INTLG S AGOL LINHAS AEREAS INTLG S A	250,000	$1.14M	0.3%	new
WFCWELLS FARGO & CO	25,000	$1.14M	0.3%	-15,000		Timeline
PHARMATHENE INCPHARMATHENE INC	600,000	$1.12M	0.29%	0
SPANSION INCSPANSION INC	80,000	$1.11M	0.29%	0
Streamline Health SolutionsStreamline Health Solutions	158,500	$1.11M	0.29%	new
Ann Taylor StoresAnn Taylor Stores	30,000	$1.1M	0.29%	0	The CUSIP as filed is malformed.
LTX-CREDENCE CORPLTX-CREDENCE CORP	130,000	$1.04M	0.27%	0
SYNASYNAPTICS INC	20,000	$1.04M	0.27%	new		Timeline
STLDSTEEL DYNAMICS INC	50,000	$977K	0.26%	-10,000		Timeline
SEACHANGE INTL INCSEACHANGE INTL INC	80,000	$973K	0.25%	new
LSCCLATTICE SEMICONDUCTOR CORP	175,000	$964K	0.25%	0		Timeline
North Atlantic Drilling LtdNorth Atlantic Drilling Ltd	100,000	$952K	0.25%	0
EMMIS COMMUNICATIONS CORPEMMIS COMMUNICATIONS CORP	350,000	$942K	0.25%	+50,000
AUDIENCE INCAUDIENCE INC	80,000	$931K	0.24%	new
OCLARO INCOCLARO INC	364,260	$907K	0.24%	new
E TRADE FINANCIAL CORPE TRADE FINANCIAL CORP	45,980	$903K	0.24%	-54,020
RUCKUS WIRELESS INCRUCKUS WIRELESS INC	60,000	$852K	0.22%	+22,700
ARCTIC CAT INC COMARCTIC CAT INC COM	14,600	$832K	0.22%	new	The CUSIP as filed is malformed.
MONTAGE TECHNOLOGY GROUP LTDMONTAGE TECHNOLOGY GROUP LTD	50,000	$816K	0.21%	new
SIMOSILICON MOTION TECHNOLOGY CO	56,500	$799K	0.21%	new		Timeline
SanDisk CorporationSanDisk Corporation	11,010	$777K	0.2%	-23,990
TEARLAB CORPTEARLAB CORP	80,000	$747K	0.2%	+20,000
TOWERSTREAM CORPTOWERSTREAM CORP	230,000	$681K	0.18%	-88,400
RMG Networks HldgsRMG Networks Hldgs	134,700	$655K	0.17%	-15,300
MRC GLOBAL INCMRC GLOBAL INC	20,000	$645K	0.17%	new
Jamba Inc.Jamba Inc.	50,000	$622K	0.16%	0
Professional Diversity Netw…Professional Diversity Network	135,000	$622K	0.16%	0
CIENCIENA CORP	25,000	$598K	0.16%	new		Timeline
DEL FRISCOS RESTAURANT GROUPDEL FRISCOS RESTAURANT GROUP	25,000	$589K	0.15%	new
WNCWABASH NATL CORP	46,083	$569K	0.15%	-70,517		Timeline
GEOSGEOSPACE TECHNOLOGIES CORP	6,000	$569K	0.15%	new		Timeline
S&W SEED COMPANY COMS&W SEED COMPANY COM	79,900	$555K	0.14%	0
OVERLAND STORAGE INCOVERLAND STORAGE INC	570,000	$553K	0.14%	-203,733
PEGAPEGASYSTEMS INC	11,000	$541K	0.14%	-9,000		Timeline
ORNORION GROUP HLDGS INC	45,000	$541K	0.14%	-54,800		Timeline
NORTHSTAR RLTY FIN CORPNORTHSTAR RLTY FIN CORP	40,000	$538K	0.14%	new
Saexploration Holdings Inc.Saexploration Holdings Inc.	60,000	$536K	0.14%	new
MXLMAXLINEAR INC	50,000	$522K	0.14%	new		Timeline
FIESTA RESTAURANT GROUP INCFIESTA RESTAURANT GROUP INC	10,000	$522K	0.14%	-20,000
PERMA-FIX ENVIRONMENTAL SVCSPERMA-FIX ENVIRONMENTAL SVCS	159,860	$520K	0.14%	-840,140
INTERMOLECULAR INCINTERMOLECULAR INC	104,850	$516K	0.13%	-5,000
LIGHTBRIDGE CORPLIGHTBRIDGE CORP	339,514	$492K	0.13%	+257,000
SANCHEZ ENERGY CORPSANCHEZ ENERGY CORP	20,000	$490K	0.13%	-5,000
NEOPHOTONICS CORPNEOPHOTONICS CORP	67,400	$476K	0.12%	+2,400
BMC Stock Holdings IncBMC Stock Holdings Inc	25,000	$456K	0.12%	new
NVMINOVA LTD	46,042	$453K	0.12%	0		Timeline
Zagg, Inc.Zagg, Inc.	94,600	$412K	0.11%	-275,400
MELLANOX TECHNOLOGIES LTDMELLANOX TECHNOLOGIES LTD	10,000	$400K	0.1%	new
BIOSCRIP INCBIOSCRIP INC	50,000	$370K	0.1%	0
BOX SHIPS INCBOX SHIPS INC	110,000	$362K	0.09%	new
DHTDHT HOLDINGS INC	50,000	$342K	0.09%	new		Timeline
Omnitek EngineeringOmnitek Engineering	125,000	$331K	0.09%	0
IBMINTERNATIONAL BUSINESS MACHS	1,733	$325K	0.08%	0		Timeline
QUANTUM CORPQUANTUM CORP	240,000	$288K	0.08%	-760,000
Rentech Nitrogen Partners, …Rentech Nitrogen Partners, LP	15,000	$264K	0.07%	0
WAVE SYSTEMS CORPWAVE SYSTEMS CORP	232,411	$211K	0.06%	-86,033
ACCURIDE CORP NEWACCURIDE CORP NEW	50,000	$187K	0.05%	-65,000
DiaDexus IncDiaDexus Inc	205,000	$185K	0.05%	-20,000
RENTECH INC COMRENTECH INC COM	100,000	$175K	0.05%	0
DEMAND MEDIA INCDEMAND MEDIA INC	27,563	$159K	0.04%	0
Solar PowerSolar Power	849,030	$147K	0.04%	-339,464
IDENTIVE GROUP INCIDENTIVE GROUP INC	142,288	$82K	0.02%	-295,942
PCYOPURE CYCLE CORP	10,900	$69K	0.02%	0		Timeline
EMAK Holdings incEMAK Holdings inc	681,036	$7K	<0.01%	-149,650

Sold out in Q4 2013

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

Security	Shares before	Value before	Type
OTEXOPEN TEXT CORP	40,000	$2.99M	shares
NQ MOBILE INCNQ MOBILE INC	130,000	$2.83M	shares
CaviumCavium	65,000	$2.68M	shares
SERVICESOURCE INTL LLCSERVICESOURCE INTL LLC	194,640	$2.35M	shares
GARMIN LTDGARMIN LTD	50,000	$2.26M	shares
Equitable Resources IncEquitable Resources Inc	15,000	$1.33M	shares
SANDERSON FARMSSANDERSON FARMS	19,995	$1.3M	shares
NSCNORFOLK SOUTHN CORP	14,950	$1.16M	shares
SEARS HOMETOWN & OUTLET STORSEARS HOMETOWN & OUTLET STOR	33,000	$1.05M	shares
WINDSTREAM CORPWINDSTREAM CORP	125,000	$1M	shares
INGRINGREDION INC	15,000	$993K	shares
INTEGRATED DEVICE TECHNOLOG…INTEGRATED DEVICE TECHNOLOGY INC	100,000	$942K	shares
OCLARO INCOCLARO INC	527,155	$933K	shares
AZTAAZENTA INC	100,000	$931K	shares
SPREADTRUM COMMUNICATIONS INSPREADTRUM COMMUNICATIONS IN	30,000	$914K	shares
Ocz Technology Group IncOcz Technology Group Inc	622,922	$810K	shares
ARKANSAS BEST CORP DELARKANSAS BEST CORP DEL	30,000	$770K	shares
EDGEN GROUP INCEDGEN GROUP INC	90,000	$684K	shares
SUNPOWER CORP ASUNPOWER CORP A	25,000	$654K	shares
MYRGMYR GROUP INC	20,000	$486K	shares
PANWPALO ALTO NETWORKS INC	10,000	$458K	shares
PLANET PAYMENT INCPLANET PAYMENT INC	105,000	$267K	shares
Gevo IncGevo Inc	118,952	$228K	shares
GSE HOLDING INCGSE HOLDING INC	70,000	$146K	shares
USA TECHNOLOGIES INCUSA TECHNOLOGIES INC	90,000	$145K	shares
COVISINT CORPCOVISINT CORP	10,000	$128K	shares
OnSite Energy Corp.OnSite Energy Corp.	960,584	$14K	shares

How Q4 2013 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).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0000909450-14-000001	base		2014-02-11	acceptance time not in the bulk data set	2026-10-07 19:53:46 UTC