22nw, LP
Annual return '25
+15.1%
SPY '25
+17.7%
Alpha
-2.6ptsvs SPY
Invested
$267.4M
Holdings
16
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 97%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$FSTR
FOSTER L B CO
Q1 2026: Exited (was 1.19M shares)
20.4%
02
$NKTR
NEKTAR THERAPEUTICS
Q1 2026: Exited (was 331.1k shares)
13.9%
03
$LFCR
LIFECORE BIOMEDICAL INC
Q1 2026: Exited (was 1.3k shares)
12.9%
04
$NSP
INSPERITY INC
Q1 2026: Exited (was 96.3k shares)
9.1%
05
$MLYS
MINERALYS THERAPEUTICS INC
Q1 2026: Exited (was 358.3k shares)
8.2%
06
$SRI
STONERIDGE INC
Q1 2026: Exited (was 2.19M shares)
8.2%
07
$FOXF
FOX FACTORY HLDG CORP
Held since at least Q1 2024
7.7%
08
$CULP
CULP INC
Q1 2026: Exited (was 1.86M shares)
3.5%
09
$CMT
CORE MOLDING TECHNOLOGIES IN
Q1 2026: Exited (was 222.7k shares)
3.4%
10
$RGNX
REGENXBIO INC
Q1 2026: Exited (was 923.7k shares)
2.8%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 13:21 UTC.