PERKINS CAPITAL MANAGEMENT INC
Long book
$106.7M
Q1 2026
Positions
86
Top-10 weight
46%
concentration
Last quarter
+33.5%
SPY +14.8%
Turnover
14%
of book per quarter
Strategy in plain words
auto-generated from filingsPERKINS CAPITAL MANAGEMENT INC is a diversified fundamental manager, running a $106.7M US long book across 86 positions.
The portfolio is moderately concentrated (top 10 ≈ 46% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NATERA INC, ELI LILLY & CO, AXOGEN INC, IDEXX LABORATORIES INC, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 1.8pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-4.3%
Q2 2024
+7.7%
Q3 2024
+6.4%
Q4 2024
-14.1%
Q1 2025
+11.3%
Q2 2025
+11.2%
Q3 2025
+12.0%
Q4 2025
-7.2%
Q1 2026
+33.5%
Sector allocation
Healthcare 53%
Technology 25%
Materials 7%
Other 5%
Communications 2%
Services media 2%
Financials 2%
Consumer discretionary 1%
Long book by quarter
What does PERKINS CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NTRA NATERA INC | Healthcare | 44.3K | $8.9M | 8.3% | -0.6% |
| LLY ELI LILLY & CO | Healthcare | 8.8K | $8.1M | 7.6% | -1.5% |
| AXGN AXOGEN INC | Healthcare | 168.8K | $5.6M | 5.2% | -26.1% |
| IDXX IDEXX LABORATORIES INC | Materials | 9.7K | $5.5M | 5.1% | Held |
| MSFT MICROSOFT CORP | Technology | 11.4K | $4.2M | 4.0% | -6.5% |
| BFLY BUTTERFLY NETWORK INC | Healthcare | 930.9K | $3.8M | 3.5% | +0.8% |
| CIEN CIENA CORP | Technology | 6.3K | $3.4M | 3.2% | Held |
| O6C1 MDXHEALTH | — | 1.5M | $3.4M | 3.2% | +7.1% |
| AMD ADVANCED MICRO DEVICES | Technology | 15.5K | $3.2M | 3.0% | -12.2% |
| QUIK QUICKLOGIC CORP | Technology | 306.7K | $2.9M | 2.7% | +11.2% |
| LMAT LEMAITRE VASCULAR INC | Healthcare | 25.8K | $2.8M | 2.6% | -10.6% |
| OOMA OOMA INC | Technology | 181.3K | $2.6M | 2.5% | -0.5% |
| VCYT VERACYTE INC | Healthcare | 75.3K | $2.4M | 2.3% | -0.1% |
| ABT ABBOTT LABORATORIES | Healthcare | 20.7K | $2.1M | 2.0% | -3.5% |
| ATEC ALPHATEC HOLDINGS INC | Healthcare | 171.8K | $1.9M | 1.8% | +0.1% |
| ONDS ONDAS INC | Technology | 202.0K | $1.8M | 1.7% | -0.3% |
| CYRX CRYOPORT INC | Healthcare | 203.2K | $1.7M | 1.6% | -0.4% |
| NEOG NEOGEN CORP | Materials | 178.0K | $1.7M | 1.5% | -0.7% |
| PERI PERION NETWORK LTD | Technology | 156.9K | $1.6M | 1.5% | +13.4% |
| PSNL PERSONALIS INC | Healthcare | 239.0K | $1.5M | 1.4% | Held |
| MGNI MAGNITE INC | Technology | 119.3K | $1.4M | 1.3% | -2.1% |
| LUCD LUCID DIAGNOSTICS INC | Healthcare | 1.1M | $1.3M | 1.2% | Held |
| INGN INOGEN INC | Healthcare | 199.6K | $1.2M | 1.2% | -8.3% |
| INUV INUVO INC | Services media | 582.3K | $1.2M | 1.1% | -0.5% |
| CXDO CREXENDO INC | Communications | 194.8K | $1.2M | 1.1% | Held |
| BLZE BACKBLAZE INC-A | Technology | 339.0K | $1.2M | 1.1% | +21.6% |
| ABBV ABBVIE INC | Healthcare | 5.3K | $1.2M | 1.1% | -8.6% |
| PFE PFIZER INC | Healthcare | 35.9K | $1.0M | 0.9% | -3.8% |
| GILD GILEAD SCIENCES INC | Healthcare | 7.2K | $1.0M | 0.9% | -12.7% |
| NEO NEOGENOMICS INC | Services media | 132.3K | $982K | 0.9% | -6.7% |
| MRK MERCK & CO. INC. | Healthcare | 7.8K | $932K | 0.9% | -11.4% |
| TLSI TRISALUS LIFE SCIENCES INC | Healthcare | 230.1K | $920K | 0.9% | New |
| ZETA ZETA GLOBAL HOLDINGS CORP-A | Technology | 55.9K | $890K | 0.8% | -1.1% |
| SPAI SAFE PRO GROUP INC | Healthcare | 231.3K | $881K | 0.8% | New |
| TELA TELA BIO INC | Healthcare | 1.4M | $879K | 0.8% | +1.5% |
| CDXS CODEXIS INC | Other | 527.5K | $860K | 0.8% | -0.4% |
| USIO USIO INC | Financials | 701.9K | $800K | 0.7% | -0.6% |
| ELUT ELUTIA INC | Healthcare | 756.9K | $795K | 0.7% | -3.0% |
| CPSH CPS TECHNOLOGIES CORP | Industrials | 200.6K | $750K | 0.7% | -0.7% |
| ATRC ATRICURE INC | Healthcare | 26.1K | $745K | 0.7% | -4.9% |
| VTRS VIATRIS INC | Healthcare | 54.9K | $742K | 0.7% | -5.2% |
| PROF PROFOUND MEDICAL CORP | Healthcare | 114.3K | $741K | 0.7% | Held |
| SKYT SKYWATER TECHNOLOGY INC | Technology | 26.4K | $724K | 0.7% | -80.2% |
| BKSY BLACKSKY TECHNOLOGY INC | Technology | 28.8K | $723K | 0.7% | Held |
| AAPL APPLE INC | Technology | 2.6K | $673K | 0.6% | -43.0% |
| USB US BANCORP | Financials | 12.6K | $653K | 0.6% | Held |
| BDSX BIODESIX INC | Healthcare | 44.8K | $649K | 0.6% | Held |
| COP CONOCOPHILLIPS | Energy | 4.8K | $640K | 0.6% | -7.6% |
| CELC CELCUITY INC | Healthcare | 5.4K | $616K | 0.6% | -15.6% |
| ANIP ANI PHARMACEUTICALS INC | Healthcare | 7.8K | $603K | 0.6% | -7.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 86 | $106.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 4, 2026 | 91 | $125.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 31, 2025 | 83 | $113.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 7, 2025 | 83 | $99.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 7, 2025 | 82 | $94.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 11, 2025 | 81 | $112.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 31, 2024 | 84 | $106.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 9, 2024 | 88 | $106.13B | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 9, 2024 | 90 | $119.92B | $K fixed canonical | SEC ↗ |
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