Nantahala Capital Management, LLC is an institutional investment manager that files quarterly 13F reports with the SEC. As of Q4 2025, the fund manages $3.0B in reported equity holdings across 142 positions. The largest holdings are ECNS.SN (22.9%), ELAN (5.1%), HGV (3.9%), HLF (3.7%), SLNO (2.8%). The portfolio is concentrated in Other (99.0%), Financial Services (0.6%), Healthcare (0.5%). Data sourced from SEC EDGAR 13F filings (CIK 1472322).