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22NW, LP
Hedge Fund • Long/Short
22NW, LP is a Long/Short Hedge Fund based in Seattle, WA led by James Paul Stoner, reporting $261.1M in AUM as of Q3 2025 with 50% Healthcare concentration, 83% concentrated in top 10 holdings, and 20% allocation to ANEB.
CFOJames Paul Stoner
- Portfolio Value
- $191.5M
- Positions
- 19
- Top Holding
- ANEB at 20.19%
- Last Reported
- Q3 2025
Top Holdings
Largest long holdings in 22NW, LP's portfolio (82.9% of total portfolio)
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| Holding | Sector | Position | Weight | Traded | Ownership |
|---|---|---|---|---|---|
Biotechnology Healthcare | $38.7M | 20.19% | — | 37.65% 15.5M shares | |
Railroads Industrials | $35.4M | 18.48% | — | 12.39% 1.3M shares | |
Biotechnology Healthcare | $18.8M | 9.84% | +$10.5M Bought | 1.74% 331.1K shares | |
Auto - Parts Consumer Cyclical | $16.0M | 8.38% | +$1.2M Bought | 7.52% 2.1M shares | |
Biotechnology Healthcare | $13.6M | 7.09% | -$7.6M Sold | 0.46% 358.3K shares | |
Biotechnology Healthcare | $8.9M | 4.65% | — | 1.83% 923.7K shares | |
Apparel - Manufacturers Consumer Cyclical | $8.3M | 4.33% | — | 14.75% 1.9M shares | |
Biotechnology Healthcare | $7.7M | 4.03% | +$7.7M New | 0.90% 820.7K shares | |
Staffing & Employment Services Industrials | $5.7M | 2.96% | -$3.5M Sold | 4.24% 2.0M shares | |
Asset Management Financial Services | $5.6M | 2.92% | — | 5.88% 117.9K shares |
Changes
Portfolio activity, position movements, and quarter-over-quarter changes in 22NW, LP's latest filing
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Market Value
Q/Q Change
Net Flows % of MV
Turnover Ratio
New Purchases
Added To
Sold Out Of
Reduced Holdings
Increased Positions
| Position | Shares Δ |
|---|---|
New | |
New | |
+157.25% | |
+126.61% | |
+16.48% |
Decreased Positions
| Position | Shares Δ |
|---|---|
Sold | |
Sold | |
-38.27% | |
-36.02% | |
-0.53% |
Analytics
Portfolio insights and performance metrics for 22NW, LP
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