Nantahala Capital Management, Llc
- Regulatory AUM
- $3.1B
- Discretionary
- $3.1B
- Clients
- 11
- Avg AUM / client
- $283M
- Accounts
- 11
- Employees
- 14
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 30, 2026
Investments (13F portfolio — 137 positions, $2,716,307,098)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Ishares Tr | RUSSELL 2000 ETF | $508,400,000 | 2,050,000 | 18.7% | 16.3% |
| 2 | Peloton Interactive Inc | CL A COM | $128,437,881 | 29,938,900 | 4.73% | 4.12% |
| 3 | Herbalife Ltd | COM SHS | $102,357,772 | 6,953,653 | 3.77% | 3.29% |
| 4 | Hilton Grand Vacations Inc | COM | $101,268,223 | 2,588,656 | 3.73% | 3.25% |
| 5 | Soleno Therapeutics Inc | COM | $83,503,272 | 2,494,124 | 3.07% | 2.68% |
| 6 | Bancorp Inc Del | COM | $80,931,135 | 1,506,256 | 2.98% | 2.6% |
| 7 | Viatris Inc | COM | $67,550,000 | 5,000,000 | 2.49% | 2.17% |
| 8 | Edwards Lifesciences Corp | COM | $64,064,000 | 800,000 | 2.36% | 2.06% |
| 9 | Bioventus Inc | COM CL A | $55,897,539 | 6,122,403 | 2.06% | 1.79% |
| 10 | Establishment Labs Hldgs Inc | COM | $47,295,242 | 832,956 | 1.74% | 1.52% |
| 11 | Uniqure Nv | SHS | $46,386,225 | 2,837,078 | 1.71% | 1.49% |
| 12 | Teva Pharmaceutical Inds Ltd | SPONSORED ADS | $45,180,000 | 1,500,000 | 1.66% | 1.45% |
| 13 | Savara Inc | COM | $40,102,515 | 7,344,783 | 1.48% | 1.29% |
| 14 | Spdr Series Trust | STATE STREET SPD | $38,319,000 | 300,000 | 1.41% | 1.23% |
| 15 | Xtant Med Hldgs Inc | COM NEW | $38,163,852 | 68,394,000 | 1.41% | 1.23% |
| 16 | Fox Factory Hldg Corp | COM | $37,665,418 | 2,288,300 | 1.39% | 1.21% |
| 17 | Camping World Hldgs Inc | CL A | $35,920,841 | 5,259,274 | 1.32% | 1.15% |
| 18 | Gogo Inc | COM | $35,705,785 | 8,882,036 | 1.31% | 1.15% |
| 19 | Amneal Pharmaceuticals Inc | COM STK CL A | $35,352,262 | 2,844,108 | 1.3% | 1.14% |
| 20 | Ridenow Group Inc | COM CL B | $35,108,286 | 4,972,845 | 1.29% | 1.13% |
| 21 | Regeneron Pharmaceuticals | COM | $30,905,600 | 40,000 | 1.14% | 0.99% |
| 22 | Anteris Technologies Global | COM | $30,696,550 | 5,530,910 | 1.13% | 0.99% |
| 23 | Eton Pharmaceuticals Inc | COM | $29,022,471 | 1,175,951 | 1.07% | 0.93% |
| 24 | Abeona Therapeutics Inc | COM NEW | $27,028,073 | 6,033,052 | 1.0% | 0.87% |
| 25 | Evolus Inc | COM | $26,208,882 | 6,376,857 | 0.96% | 0.84% |
Top 25 of 137 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 10 | $3.1B | 100.0% |
| Charitable organizations | 1 | $82.3K | 0.0% |
Private funds (6)
Reported in Form ADV Section 7.B.(1), filing of May 2024 · $2.0B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Sma2 | Hedge Fund | Delaware | $963M | 4 |
| Nantahala Capital Partners Si, Lp | Hedge Fund | Delaware | $389M | 5 |
| Nantahala Capital Partners Limited Partnership master | Hedge Fund | Massachusetts | $287M | 56 |
| Ncp Rfm Lp master | Hedge Fund | Delaware | $278M | 7 |
| Ncp Cb Lp | Hedge Fund | Delaware | $89.8M | 5 |
| Sma3 | Hedge Fund | Delaware | $872K | 1 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Harkey, Wilmot, B. | Managing Member | May 2004 (22y) | 25% – 50% | |
| Mack, Daniel, J. | Managing Member | Jul 2007 (19y) | 25% – 50% | |
| Buba, Jonathan, Zanetos | Member | Nov 2016 (10y) | 10% – 25% | |
| Zhong, Qianqian | Chief Financial Officer | Apr 2018 (8y) | Less than 5% | |
| Vasilakis, Demetrios (Taki) | Chief Compliance Officer | Jan 2022 (5y) | Less than 5% |
Undisclosed: 0% – 40% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (6, $2.0B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Sma2 | Hedge Fund | $963M | $0 | 4 |
| Nantahala Capital Partners Si, Lp | Hedge Fund | $389M | $0 | 5 |
| Nantahala Capital Partners Limited Partnership | Hedge Fund | $287M | $1.0M | 56 |
| Ncp Rfm Lp | Hedge Fund | $278M | $0 | 7 |
| Ncp Cb Lp | Hedge Fund | $89.8M | $0 | 5 |
| Sma3 | Hedge Fund | $872K | $0 | 1 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.82 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Northern Trust $82.3K (0% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗