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Asset Manager ← All Institutions

CM Management, LLC

15 COLLEY COVE DRIVE, GULF BREEZE, FL 32561 • 205.298.0371

Q3 2025 · Filed 2025-11-13
Market Value
$119M
+9.3%
Holdings
77
+3
New Purchases
12
Added To
18
Closed
14
Reduced
13
Top 10 Concentration
40.8%
Turnover
33.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
KDP 1.71% 0.00% +1.71% $2M
BBT 1.50% 0.00% +1.50% $2M
RPRX 1.48% 0.00% +1.48% $2M
CHRS 2.89% 1.51% +1.38% $3M
CRGY 1.31% 0.00% +1.31% $2M
RIGL 5.35% 4.29% +1.05% $6M
ALK 1.04% 0.00% +1.04% $1M
ICLR 1.03% 0.00% +1.03% $1M
GUTS 0.80% 0.00% +0.80% $954K
HRI 0.73% 0.00% +0.73% $875K
EEFT 1.29% 0.56% +0.73% $2M
FOLD 2.97% 2.36% +0.61% $4M
PLPC 4.61% 4.10% +0.50% $5M
NVNO 0.46% 0.00% +0.46% $544K
CMPX 0.44% 0.00% +0.44% $525K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
WBD 0.00% 2.63% -2.63% $0
BRKL 0.00% 1.74% -1.74% $0
SABR 1.23% 2.32% -1.09% $1M
NKTR 0.00% 1.07% -1.07% $0
RNR 0.00% 0.89% -0.89% $0
APA 0.00% 0.84% -0.84% $0
IQV 0.96% 1.73% -0.78% $1M
FSLR 0.00% 0.76% -0.76% $0
CLPT 1.46% 2.19% -0.73% $2M
RE 0.00% 0.62% -0.62% $0
SLB 0.00% 0.62% -0.62% $0
BGC 2.78% 3.28% -0.51% $3M
ALCO 6.25% 6.74% -0.49% $7M
B 0.00% 0.48% -0.48% $0
RLGT 3.71% 4.18% -0.47% $4M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Healthcare 34.1%
Financial Services 13.5%
Industrials 11.7%
Technology 10.3%
Consumer Defensive 10.2%

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 16 $11M 8.9%
Mid Cap 19 $39M 32.4%
Small Cap 23 $50M 41.5%
Micro Cap 19 $21M 17.2%

Portfolio Analytics

Avg Market Cap
$10.9B
Median Market Cap
$1.5B
Avg P/E
35.1
Median P/E
17.6
Avg Dividend Yield
0.01%
Avg Beta
0.97
# Stocks
77
# ETFs / Funds
0

Top Holdings (77 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 TGB 6.56% 1,850,000 $8M $4.23 $580K -450,000 -19.6%
2 ALCO 6.25% 215,000 $7M $34.66 $99K -10,000 -4.4%
3 RIGL 5.35% 225,000 $6M $28.33 $2M -25,000 -10.0%
4 PLPC 4.61% 28,000 $5M $196.15 $1M
5 RLGT 3.71% 750,000 $4M $5.90 -$135K
6 FOLD 2.97% 450,000 $4M $7.88 $968K
7 NMRK 2.97% 190,000 $4M $18.65 $202K -85,000 -30.9%
8 CHRS 2.89% 2,100,000 $3M $1.64 $2M -150,000 -6.7%
9 BGC 2.78% 350,000 $3M $9.46 -$270K
10 INTT 2.76% 420,594 $3M $7.81 $223K
11 HZO 2.12% 100,000 $3M $25.33 $522K +20,000 +25.0%
12 ARKO 2.11% 700,000 $3M $3.59 $186K
13 PK 2.09% 225,000 $2M $11.08 $191K
14 VTRS 2.08% 250,000 $2M $9.90 $242K
15 OGN 2.02% 225,000 $2M $10.68 $225K
16 TALO 2.01% 250,000 $2M $9.59 -$146K -50,000 -16.7%
17 RBCAA 1.94% 32,000 $2M $72.25 -$28K
18 CGAU 1.80% 200,000 $2M $10.73 $163K -75,000 -27.3%
19 KDP 1.71% 80,000 $2M $25.51 +80,000 NEW
20 PD 1.66% 120,000 $2M $16.52 $454K +20,000 +20.0%
21 XOMA 1.55% 48,000 $2M $38.54 $237K -16,000 -25.0%
22 BBT 1.50% 75,600 $2M $23.71 +75,600 NEW
23 RPRX 1.48% 50,000 $2M $35.28 +50,000 NEW
24 CLPT 1.46% 80,000 $2M $21.79 -$645K -120,000 -60.0%
25 COYA 1.43% 300,000 $2M $5.70 $560K +100,000 +50.0%
26 ARKR 1.34% 225,000 $2M $7.12 -$198K +25,000 +12.5%
27 CRGY 1.31% 175,000 $2M $8.92 +175,000 NEW
28 ELDN 1.30% 600,000 $2M $2.59 $538K +225,000 +60.0%
29 EEFT 1.29% 17,500 $2M $87.81 $928K +11,500 +191.7%
30 EOLS 1.29% 250,000 $2M $6.14 -$77K +75,000 +42.9%
31 IOVA 1.27% 700,000 $2M $2.17 $315K
32 SABR 1.23% 800,000 $1M $1.83 -$1M
33 AVIR 1.22% 500,000 $1M $2.90 -$350K
34 CGNT 1.13% 160,000 $1M $8.40 $420K +60,000 +60.0%
35 WGO 1.12% 40,000 $1M $33.44 $178K
36 THFF 1.07% 22,500 $1M $56.44 -$247K -5,500 -19.6%
37 ALK 1.04% 25,000 $1M $49.78 +25,000 NEW
38 ICLR 1.03% 7,000 $1M $175.00 +7,000 NEW
39 CTSO 1.01% 1,288,128 $1M $0.93 -$397K +38,128 +3.0%
40 PFE 0.96% 45,000 $1M $25.48 $56K
41 IQV 0.96% 6,000 $1M $189.94 -$751K -6,000 -50.0%
42 SMG 0.96% 20,000 $1M $56.95 $479K +10,000 +100.0%
43 VTOL 0.91% 30,000 $1M $36.08 $93K
44 CPA 0.90% 9,000 $1M $118.82 $190K +1,000 +12.5%
45 ADBE 0.89% 3,000 $1M $352.75 $284K +1,000 +50.0%
46 DIT 0.86% 9,000 $1M $113.76 $38K +48 +0.5%
47 LTRN 0.82% 225,000 $979K $4.35 $347K +25,000 +12.5%
48 GUTS 0.80% 600,000 $954K $1.59 +600,000 NEW
49 HRTX 0.79% 750,000 $945K $1.26 -$297K +150,000 +25.0%
50 IOSP 0.78% 12,000 $926K $77.16 $85K +2,000 +20.0%
51 HRI 0.73% 7,500 $875K $116.66 +7,500 NEW
52 SVC 0.68% 300,000 $813K $2.71 -$143K -100,000 -25.0%
53 OSTX 0.66% 400,000 $784K $1.96 $79K +25,000 +6.7%
54 ASRT 0.54% 724,382 $638K $0.88 $174K
55 NVNO 0.46% 600,000 $544K $0.91 +600,000 NEW
56 CMPX 0.44% 150,000 $525K $3.50 +150,000 NEW
57 NWL 0.44% 100,000 $524K $5.24 -$16K
58 PCAR 0.41% 5,000 $492K $98.32 $16K
59 LYB 0.41% 10,000 $490K $49.04 +10,000 NEW
60 ASH 0.40% 10,000 $479K $47.91 +10,000 NEW
61 AVNW 0.38% 20,000 $459K $22.93 -$22K
62 HELE 0.32% 15,000 $378K $25.20 $94K +5,000 +50.0%
63 ELTX 0.06% 6,000 $66K $10.94 -$127K -19,000 -76.0%
64 FEMY —% -$217K -225,000 -100.0% SOLD
65 COHU —% -$385K -20,000 -100.0% SOLD
66 SLB —% -$676K -20,000 -100.0% SOLD
67 B —% -$520K -25,000 -100.0% SOLD
68 RE —% -$680K -2,000 -100.0% SOLD
69 APA —% -$914K -50,000 -100.0% SOLD
70 BILL —% -$463K -10,000 -100.0% SOLD
71 RNR —% -$972K -4,000 -100.0% SOLD
72 SSNC —% -$414K -5,000 -100.0% SOLD
73 BRKL —% -$2M -180,000 -100.0% SOLD
74 FSLR —% -$828K -5,000 -100.0% SOLD
75 WBD —% -$3M -250,000 -100.0% SOLD
76 NKTR —% -$1M -45,000 -100.0% SOLD
77 CGTX —% -$77K -250,000 -100.0% SOLD

New Positions

SymbolValue% Port
KDP $2M 1.71%
BBT $2M 1.50%
RPRX $2M 1.48%
CRGY $2M 1.31%
ALK $1M 1.04%
ICLR $1M 1.03%
GUTS $954K 0.80%
HRI $875K 0.73%
NVNO $544K 0.46%
CMPX $525K 0.44%
LYB $490K 0.41%
ASH $479K 0.40%

Sold Out Positions

SymbolValue% Port
B —%
SLB —%
RNR —%
BILL —%
APA —%
FEMY —%
CGTX —%
COHU —%
FSLR —%
WBD —%
SSNC —%
NKTR —%
BRKL —%
RE —%
View SEC EDGAR Filings for CM Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms