Edenbrook Capital, LLC

Mt. Kisco, NY · CIK 1666682 · 13F filing filed 2026-08-13

SEC-registered investment adviser since 2020 · limited liability company

Assets managed$278.3m
Staff4 · 3 in investment roles
Main clients (by assets)Private funds 100%
Private funds2 (2 hedge) · $278.3m gross assets
Main officeMount Kisco, NY
Form ADV · 2026-03-30SEC adviser record

$286.1m reported value +46.3% vs Q1 2026

6positions

100.0%in top 10

2 new 2 added 0 reduced 0 sold out vs Q1 2026

Options: 1 call positions ($5.3m notional), 10 put positions ($204.7m notional) – listed below, not included above.

This report includes the holdings of 1 other manager that shares the investment decisions:

EDENBROOK LONG ONLY VALUE FUND, LP – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	FREQUENCY ELECTRS INC COM FEIM	FEIM	1,873,810	$124.3m43.46%	43.46%	Unchanged
2	MAGNITE INC COM MGNI	MGNI	3,555,615	$67.5m23.59%	23.59%	Added +757.6k	+757,579 27.1%
3	COGNYTE SOFTWARE LTD ORD SHS CGNT	CGNT	7,255,224	$63.7m22.27%	22.27%	Added +257.6k	+257,628 3.7%
4	MARCHEX INC CL B MCHX	MCHX	14,664,380	$23.6m8.25%	8.25%	Unchanged
5	DOUBLEVERIFY HLDGS INC COM DV	DV	342,726	$3.7m1.30%	1.30%	New
6	GENTHERM INC COM THRM	THRM	95,436	$3.3m1.14%	1.14%	New

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	80,000	$59.7m80.0k shares	Added
INVESCO QQQ TR QQQ · Put	QQQ	Put	60,000	$44.2m60.0k shares	Added
ISHARES TR IWM · Put	IWM	Put	100,000	$30.0m100.0k shares	Added
ISHARES TR HYG · Put	HYG	Put	200,000	$15.9m200.0k shares	Reduced
ISHARES TR IEF · Put	IEF	Put	150,000	$14.1m150.0k shares	New
ISHARES TR TLT · Put	TLT	Put	150,000	$12.9m150.0k shares	New
SELECT SECTOR SPDR TR XLK · Put	XLK	Put	50,000	$9.5m50.0k shares	New
ISHARES TR EEM · Put	EEM	Put	120,000	$8.2m120.0k shares	New
SPDR INDEX SHS FDS FEZ · Put	FEZ	Put	100,000	$6.9m100.0k shares	New
SELECT SECTOR SPDR TR XLE · Call	XLE	Call	100,000	$5.3m100.0k shares	New
ISHARES TR FXI · Put	FXI	Put	100,000	$3.2m100.0k shares	Added

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
FREQUENCY ELECTRS INC FEIM · 13D · filed 2026-07-30	FEIM	11.3%≈ $81.6m		13D	2026-07-30

Trades reported as a company insider since 1 Apr 2026

Owning 10% or more of a company, or having someone on its board, makes this manager an insider there: it reports its trades in that company's shares on Form 4 within two business days. Open-market and private purchases and sales only.

Date	Company	Ticker	Trade	Shares	Value	Their holding
2026-07-28	FREQUENCY ELECTRS INC Director · See footnotes	FEIM	Sold	652,174	$37.5m652.2k shares	-38%