AWM Investment Company, Inc. Q2 2025 Filing

Filed August 14, 2025

Portfolio Value

$891.7M

Holdings

94

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (94 positions)

#StockSharesValue% PortfolioType
1
AMSCAmerican Superconductor Corp
1,558,478$57.2M6.41%
2
BKSYBlackSky Technology, Inc.
2,209,926$45.5M5.10%
3
ADMAADMA Biologics, Inc.
2,200,000$40.1M4.49%
4
MASS908 Devices, Inc.
5,199,924$37.1M4.16%
5
JPXAerovironment, Inc.
113,893$32.5M3.64%
6
ASPIASP Isotopes, Inc.
3,931,186$28.9M3.24%
7
LASRnLight, Inc.
1,344,917$26.5M2.97%
8
AEHRAehr Test Systems
1,573,824$20.3M2.28%
9
AIOTPowerFleet, Inc.
4,602,940$19.8M2.22%
10
PIImpinj, Inc.
178,173$19.8M2.22%
11
GAMBGambling.com Group Ltd.
1,494,915$17.8M1.99%
12
NGSNatural Gas Services Group, In
676,652$17.5M1.96%
13
GILTGilat Satellite Networks, Ltd.
2,398,088$17.0M1.91%
14
BLZEBackblaze, Inc.
3,064,526$16.9M1.89%
15
SNWVSANUWAVE Health, Inc.
489,550$16.1M1.80%
16
VICRVicor Corporation
333,210$15.1M1.69%
17
KOPNKopin Corporation
9,863,887$15.1M1.69%
18
RCATRed Cat Holdings, Inc.
2,037,616$14.8M1.66%
19
CEVACEVA, Inc.
667,162$14.7M1.64%
20
UTIUniversal Technical Institute
422,700$14.3M1.61%
21
RDCMRADCOM, Ltd. (Israel)
991,261$13.5M1.51%
22
MRAMEverspin Technology, Inc.
2,126,241$13.4M1.50%
23
LOVEThe Lovesac Company
730,960$13.3M1.49%
24
ARLOArlo Technologies, Inc.
694,576$11.8M1.32%
25
MDXHMDxHealth, SA (Belgium)
5,221,282$11.5M1.29%
26
KIDSOrthoPediatrics Corporation
531,540$11.4M1.28%
27
SRTABlade Air Mobility, Inc.
2,765,468$11.1M1.25%
28
ONDSOndas Holding, Inc.
5,793,239$11.1M1.25%
29
TALKTalkspace, Inc.
3,968,500$11.0M1.24%
30
LMATLeMaitre Vascular, Inc.
130,000$10.8M1.21%
31
REAXThe Real Brokerage, Inc.(Canad
2,317,865$10.5M1.17%
32
DXLGDestination XL Group, Inc.
9,399,297$10.4M1.17%
33
ARBEArbe Robotics, Ltd.(Israel)
5,788,169$10.3M1.16%
34
ACOGAlpha Cognition, Inc.(Canada)
1,095,652$10.2M1.15%
35
GNSSGenasys, Inc.
5,649,544$9.8M1.10%
36
OOMAOoma, Inc.
732,627$9.4M1.06%
37
VITLVital Farms, Inc.
242,249$9.3M1.05%
38
IMDXInsight Molecular Diagnostic
2,822,530$8.5M0.96%
39
ASPNAspen Aerogels, Inc.
1,435,477$8.5M0.95%
40
GAIAGaia, Inc.
1,912,706$8.4M0.94%
41
ARGXargenx SE - ADR (Netherlands)
15,000$8.3M0.93%
42
INFUInfusystem Holdings, Inc.
1,272,296$7.9M0.89%
43
BRD1EURMind Medicine (MindMed) Inc.
1,215,662$7.9M0.88%
44
CTRNCiti Trends, Inc.
232,477$7.8M0.87%
45
REALThe RealReal, Inc.
1,433,847$6.9M0.77%
46
TLSITriSalus Life Sciences, Inc.
1,250,000$6.8M0.76%
47
BTBTBit Digital, Inc.
3,000,000$6.6M0.74%
48
RSVRReservoir Media, Inc.
847,558$6.5M0.73%
49
TBCHTurtle Beach Corporation
452,352$6.3M0.70%
50
RGENRepligen Corporation
45,000$5.6M0.63%
51
ABXAbacus Life, Inc.
1,083,695$5.6M0.62%
52
DP8CervoMed, Inc.
863,200$5.4M0.61%
53
LPZBLightPath Technologies, Inc.
1,727,610$5.3M0.60%
54
NATRNature's Sunshine Products, In
350,000$5.2M0.58%
55
GLXYGalaxy Digital Holdings Ltd.
235,000$5.1M0.58%
56
Galaxy Digital, Inc.-Class A
225,000$4.9M0.55%
57
XTNTXtant Medical Holdings, Inc.
6,596,621$4.9M0.55%
58
CNTCentury Casinos, Inc.
2,195,549$4.6M0.52%
59
ALLTAllot Ltd. (Israel)
498,700$4.3M0.48%
60
PGNYProgyny, Inc.
180,000$4.0M0.44%
61
FRGEForge Global Holdings, Inc.
206,392$3.9M0.44%
62
LSFLaird Superfood, Inc.
599,411$3.8M0.42%
63
OPRXOptimizeRx Corporation
255,421$3.4M0.39%
64
FBRXForte Biosciences, Inc.
261,821$3.4M0.38%
65
AVNWAviat Networks, Inc.
138,806$3.3M0.37%
66
SNCRSynchronoss Technologies, Inc.
465,785$3.2M0.36%
67
SPIRSpire Global Inc.
266,545$3.2M0.36%
68
UCTTUltra Clean Holdings, Inc.
140,440$3.2M0.36%
69
51AAmerican Public Education, Inc
99,000$3.0M0.34%
70
ELDNEledon Pharmacueticals, Inc.
1,100,473$3.0M0.33%
71
GRWGGrowGeneration Corp.
3,109,535$2.9M0.33%
72
AVDLAvadel Pharmaceutical PLC (Ire
316,189$2.8M0.31%
73
CRNXCrinetics Pharmaceuticals, Inc
95,000$2.7M0.31%
74
Ideal Power, Inc.
601,531$2.7M0.31%
75
ABEOAbeona Therapeutics, Inc.
470,000$2.7M0.30%
76
OPKOPKO Health, Inc.
2,000,000$2.6M0.30%
77
RNXTRenovoRx, Inc.
1,870,225$2.5M0.28%
78
DHXDHI Group, Inc.
681,000$2.0M0.23%
79
SERASera Prognostics, Inc.
680,931$1.9M0.21%
80
SYNXSilynxcom, Ltd. (Israel)
1,043,593$1.8M0.20%
81
BNTCBenitec Biopharma, Inc. (Aust
137,977$1.6M0.18%
82
PVLAPalvella Therapeutics, Inc.
69,416$1.6M0.18%
83
ECORElectroCore, Inc.
269,926$1.4M0.16%
84
AYTUAytu BioPharma, Inc.
619,874$1.4M0.15%
85
BDTXBlack Diamond Therapeutics
500,000$1.2M0.14%
86
NKTXNkarta, Inc.
700,000$1.2M0.13%
87
STIMNeuronetics, Inc.
245,924$858K0.10%
88
TEADTeads Holding, Co
286,155$709K0.08%
89
mF International, Ltd. (Hong K
113,177$685K0.08%
90
MODDModular Medical, Inc.
878,628$654K0.07%
91
NMTCNeuroOne Medical Technologies
916,667$621K0.07%
92
ANROAlto Neuroscience, Inc.
280,483$617K0.07%
93
MOBBWMobilicom Ltd. @5.00 8/31/27 A
363,100$134K0.02%
94
ABLLWAbacus Life Inc. WTS @ 11.50 6
60,561$67K0.01%