Latest Nokomis Capital, L.L.C. Stock Portfolio

Nokomis Capital, L.L.C. Performance:

2025 Q4: 9.82%YTD: 34.91%2024: 8.06%

Performance for 2025 Q4 is 9.82%, and YTD is 34.91%, and 2024 is 8.06%.

About Nokomis Capital, L.L.C. and 13F Hedge Fund Stock Holdings

Nokomis Capital, L.L.C. is a hedge fund based in Dallas, TX. On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, Nokomis Capital, L.L.C. reported an equity portfolio of $422.4 Millions as of 31 Dec, 2025.

The top stock holdings of Nokomis Capital, L.L.C. are IAUX, DIA, MGM. The fund has invested 7.9% of it's portfolio in I-80 GOLD CORP and 5.9% of portfolio in SPDR DOW JONES INDL AVERAGE.

The fund managers got completely rid off OTG ACQUISITION CORP. I, CITIGROUP INC (C) and APPLE INC (AAPL) stocks. They significantly reduced their stock positions in ROMAN DBDR ACQUISITION CORP, FREQUENCY ELECTRS INC (FEIM) and AMPLIFY ETF TR (AMLX). Nokomis Capital, L.L.C. opened new stock positions in SPDR DOW JONES INDL AVERAGE (DIA), DAKOTA GOLD CORP (DC) and APPLE HOSPITALITY REIT INC (APLE). The fund showed a lot of confidence in some stocks as they added substantially to ARK RESTAURANTS CORP (ARKR), KKR REAL ESTATE FIN TR INC (KREF) and GREENFIRE RES LTD NEW.

Nokomis Capital, L.L.C. Annual Return Estimates Vs S&P 500

Our best estimate is that Nokomis Capital, L.L.C. made a return of 9.82% in the last quarter. In trailing 12 months, it's portfolio return was 34.91%.

Performance
S&P 500

New Buys

Ticker	$ Bought
spdr dow jones indl average	25,094,400
dakota gold corp	8,411,430
apple hospitality reit inc	5,682,980
lithia mtrs inc	2,715,800
lightwave logic inc	2,430,000
otg acquisition corp. i	2,350,300
park hotels & resorts inc	2,128,860
bath & body works inc	1,185,060

New stocks bought by Nokomis Capital, L.L.C.

Additions

Ticker	% Inc.
ark restaurants corp	416
kkr real estate fin tr inc	136
greenfire res ltd new	81.91
spdr gold tr	66.47
shoe carnival inc	65.66
maui ld & pineapple inc	47.28
hallador energy company	37.24
beazer homes usa inc	33.41

Additions to existing portfolio by Nokomis Capital, L.L.C.

Reductions

Ticker	% Reduced
roman dbdr acquisition corp	-80.88
seadrill ltd	-55.9
roman dbdr acquisition corp	-55.83
frequency electrs inc	-38.84
amplify etf tr	-25.16
sprott asset management lp	-21.09
vaneck etf trust	-10.51
acres commercial realty corp	-3.08

Nokomis Capital, L.L.C. reduced stake in above stock

Sold off

Ticker	$ Sold
otg acquisition corp. i	-4,242,490
citigroup inc	-3,617,660
agnico eagle mines ltd	-1,722,680
apple inc	-2,011,580
ishares tr	-336,420
spdr series trust	-396,600

Nokomis Capital, L.L.C. got rid off the above stocks

Sector Distribution

Nokomis Capital, L.L.C. has about 58.4% of it's holdings in Others sector.

Sector	%
Others	58.4
Consumer Cyclical	15.1
Energy	8.9
Real Estate	7.6
Basic Materials	7.1
Healthcare	2

Market Cap. Distribution

Nokomis Capital, L.L.C. has about 9.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	58.4
SMALL-CAP	19
MID-CAP	10.8
LARGE-CAP	9.4
MICRO-CAP	1.3

Stocks belong to which Index?

About 47.1% of the stocks held by Nokomis Capital, L.L.C. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	52.9
RUSSELL 2000	37.8
S&P 500	9.3

Top 5 Winners (%)		%
IAUX	i-80 gold corp	113.6 %
IAUX	i-80 gold corp	52.8 %
FEIM	frequency electrs inc	47.4 %
PSLV	sprott asset management lp	45.3 %
CGAU	centerra gold inc	33.9 %

Top 5 Winners ($)		$
IAUX	i-80 gold corp	11.6 M
IAUX	i-80 gold corp	6.5 M
HBM	hudbay minerals inc	4.1 M
PSLV	sprott asset management lp	3.8 M
NGD	new gold inc cda	2.9 M

Top 5 Losers (%)		%
CNTY	century casinos inc	-49.0 %
	sable offshore corp	-48.3 %
	mach natural resources lp	-16.2 %
SCVL	shoe carnival inc	-15.7 %
BZH	beazer homes usa inc	-15.6 %

Top 5 Losers ($)		$
CNTY	century casinos inc	-2.8 M
BZH	beazer homes usa inc	-2.3 M
SCVL	shoe carnival inc	-1.9 M
	sable offshore corp	-0.7 M
CDE	coeur mng inc	-0.7 M

Nokomis Capital, L.L.C. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Nokomis Capital, L.L.C.

Nokomis Capital, L.L.C. has 50 stocks in it's portfolio. About 43.9% of the portfolio is in top 10 stocks. CNTY proved to be the most loss making stock for the portfolio. IAUX was the most profitable stock for Nokomis Capital, L.L.C. last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.00	0.00	0.00	sold off	-100

ACR	acres commercial realty corp	1.14	224,973	4,800,920	reduced	-3.08

ACWV	ishares inc	0.12	15,600	495,612	new

AEM	agnico eagle mines ltd	0.00	0.00	0.00	sold off	-100

AFK	vaneck etf trust	4.05	199,551	17,115,500	reduced	-10.51

AFK	vaneck etf trust	2.33	86,315	9,820,920	unchanged	0.00

AGI	alamos gold inc new	0.44	48,405	1,867,460	unchanged	0.00

AMLX	amplify etf tr	1.69	258,634	7,156,400	reduced	-25.16

APLE	apple hospitality reit inc	1.34	479,576	5,682,980	new

AR	antero resources corp	2.73	335,208	11,551,300	unchanged	0.00

ARKR	ark restaurants corp	0.17	107,327	719,628	added	416

BBWI	bath & body works inc	0.28	59,017	1,185,060	new

BIL	spdr series trust	0.00	0.00	0.00	sold off	-100

BZH	beazer homes usa inc	3.01	626,394	12,697,000	added	33.41

C	citigroup inc	0.00	0.00	0.00	sold off	-100

CDE	coeur mng inc	3.07	728,171	12,983,300	unchanged	0.00

CGAU	centerra gold inc	0.14	40,818	586,555	unchanged	0.00

CNTY	century casinos inc	0.69	2,179,580	2,898,840	unchanged	0.00

CRGY	crescent energy company	0.43	217,903	1,828,210	unchanged	0.00

CTRA	coterra energy inc	2.02	324,717	8,546,550	added	4.57