Mink Brook Asset Management LLC

West Palm Beach, FL · CIK 2052205 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2026 · limited liability company

Assets managed$280.7m
Staff1 · 1 in investment roles
Main clients (by assets)Private funds 100%
Private funds2 (2 hedge) · $280.6m gross assets
Form ADV · 2026-06-26SEC adviser record

Legal entityMink Brook Asset Management LLC (US)

$226.6m reported value +26.4% vs Q1 2026

52positions

72.3%in top 10

10 new 18 added 7 reduced 12 sold out vs Q1 2026

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	ENVELA CORP COM ELA	ELA	1,248,319	$36.1m15.91%	15.91%	Reduced -28.7k	-28,734 -2.2%
2	BANK7 CORP COM BSVN	BSVN	475,610	$23.3m10.28%	10.28%	Added +3.0k	+2,950 0.6%
3	AMERICAN INTEGRITY INS GROUP COM AII	AII	977,969	$18.4m8.13%	8.13%	Added +135.5k	+135,531 16.1%
4	ACME UTD CORP COM ACU	ACU	380,643	$18.2m8.02%	8.02%	Unchanged
5	DLH HLDGS CORP COM DLHC	DLHC	2,816,058	$14.8m6.53%	6.53%	Added +138.5k	+138,541 5.2%
6	ASCENT INDUSTRIES CO COM ACNT	ACNT	884,483	$13.3m5.87%	5.87%	Reduced -2.3k	-2,286 -0.3%
7	CURRENCY EXCHANGE INTERNATIONA COM CURN	CURN	613,221	$13.0m5.75%	5.75%	Unchanged
8	ASTRONOVA INC COM ALOT	ALOT	380,965	$10.8m4.79%	4.79%	Unchanged
9	RIMINI STR INC DEL COM RMNI	RMNI	2,368,353	$10.1m4.45%	4.45%	Added +448.5k	+448,523 23.4%
10	BUTLER NATIONAL CORP COM BUKS	BUKS	1,421,111	$5.9m2.62%	2.62%	Added +66.0k	+66,045 4.9%
11	CREATIVE REALITIES INC COM CREX	CREX	1,166,954	$4.8m2.13%	2.13%	Added +403.6k	+403,575 52.9%
12	LEGACY ED INC COM LGCY	LGCY	389,498	$4.6m2.02%	2.02%	Added +136.7k	+136,714 54.1%
13	FIRST NORTHWEST BANCORP COM FNWB	FNWB	417,006	$4.5m1.99%	1.99%	New
14	RCM TECHNOLOGIES INC COM NEW RCMT	RCMT	134,688	$3.8m1.68%	1.68%	New
15	HUDSON GLOBAL INC COM NEW STRR	STRR	316,139	$3.4m1.49%	1.49%	Unchanged
16	RED ROBIN GOURMET BURGERS IN COM RRGB	RRGB	416,211	$3.3m1.47%	1.47%	Added +19.5k	+19,492 4.9%
17	REGIS CORPORATION COM SHS RGS	RGS	112,362	$3.1m1.39%	1.39%	Added +11.5k	+11,469 11.4%
18	HERITAGE GLOBAL INC COM HGBL	HGBL	2,273,077	$2.8m1.21%	1.21%	Added +34.8k	+34,821 1.6%
19	FRIEDMAN INDS INC COM FRD	FRD	84,171	$2.7m1.20%	1.20%	Reduced -78.7k	-78,729 -48.3%
20	EXAGEN INC COM XGN	XGN	475,944	$2.2m0.98%	0.98%	Added +106.9k	+106,917 29.0%
21	COMSTOCK HLDG COS INC CL A NEW CHCI	CHCI	121,473	$1.9m0.86%	0.86%	Added +1.8k	+1,805 1.5%
22	ACRES COMMERCIAL REALTY CORP COM NEW ACR	ACR	101,618	$1.8m0.80%	0.80%	Added +9.2k	+9,188 9.9%
23	STANDARD BIOTOOLS INC COM LAB	LAB	2,190,973	$1.8m0.80%	0.80%	New
24	LAIRD SUPERFOOD INC COM STK LSF	LSF	361,729	$1.7m0.75%	0.75%	Added +6.3k	+6,305 1.8%
25	STRAN & COMPANY INC COMMON STOCK SWAG	SWAG	756,482	$1.7m0.74%	0.74%	Added +259.1k	+259,068 52.1%
26	FLUENT INC COM NEW FLNT	FLNT	409,033	$1.5m0.67%	0.67%	Added +70.0k	+70,049 20.7%
27	HEALTH CATALYST INC COM HCAT	HCAT	738,277	$1.5m0.65%	0.65%	New
28	HOLLEY INC COM HLLY	HLLY	551,738	$1.4m0.62%	0.62%	Unchanged
29	AMREP CORP COM AXR	AXR	50,621	$1.3m0.56%	0.56%	Unchanged
30	CITIZENS BANCSHARES CORPORATION COM CZBS	CZBS	22,700	$1.2m0.54%	0.54%	New
31	HEALTH IN TECH INC CL A HIT	HIT	1,133,369	$1.1m0.51%	0.51%	Added +326.9k	+326,908 40.5%
32	MOTORCAR PTS AMER INC COM MPAA	MPAA	70,719	$1.1m0.48%	0.48%	Reduced -72.8k	-72,824 -50.7%
33	MCDERMOTT INTERNATIONAL LTD COMM MCDIF	MCDIF	46,530	$1.0m0.45%	0.45%	Unchanged
34	OPTEX SYS HLDGS INC COM NEW OPXS	OPXS	62,284	$873.8k0.39%	0.39%	Reduced -2.6k	-2,555 -3.9%
35	OPTIMIZERX CORP COM NEW OPRX	OPRX	141,235	$807.9k0.36%	0.36%	New
36	KEWAUNEE SCIENTIFIC CORP COM KEQU	KEQU	21,447	$761.8k0.34%	0.34%	Unchanged
37	NATURAL ALTERNATIVES INTL IN COM NEW NAII	NAII	293,447	$701.3k0.31%	0.31%	Reduced -262	-262 -0.1%
38	CHAMPIONS ONCOLOGY INC COM NEW CSBR	CSBR	111,338	$685.8k0.30%	0.30%	Unchanged
39	OPUS GENETICS INC COM IRD	IRD	161,205	$662.6k0.29%	0.29%	Reduced -429.3k	-429,347 -72.7%
40	FITLIFE BRANDS INC COM NEW FTLF	FTLF	46,637	$513.5k0.23%	0.23%	Added +18.0k	+17,993 62.8%
41	NETSOL TECHNOLOGIES INC COM PAR $.001 NTWK	NTWK	109,346	$505.2k0.22%	0.22%	Unchanged
42	OPTIMUMBANK HLDGS INC COM OPHC	OPHC	78,552	$458.7k0.20%	0.20%	New
43	FREIGHTOS LTD ORD SHS CRGO	CRGO	289,198	$439.6k0.19%	0.19%	Unchanged
44	QUEST RESOURCE HLDG CORP COM NEW QRHC	QRHC	295,587	$372.4k0.16%	0.16%	Unchanged
45	FIRST CAROLINA FINL SVCS INC COMMON STOCK FCBM	FCBM	26,733	$353.9k0.16%	0.16%	New
46	FRACTYL HEALTH INC COM COM		352,745	$280.2k0.12%	0.12%	New
47	CANTERBURY PK HLDG CORP COM CPHC	CPHC	14,589	$229.9k0.10%	0.10%	Unchanged
48	HARVARD BIOSCIENCE INC COM HBIO	HBIO	33,369	$205.2k0.09%	0.09%	New
49	CENTURY CASINOS INC COM CNTY	CNTY	136,001	$174.1k0.08%	0.08%	Unchanged
50	ACORN ENERGY INC COM NEW ACFN	ACFN	10,000	$170.3k0.08%	0.08%	Unchanged
51	ISSUER DIRECT CORP COM NEW ACCS	ACCS	20,396	$132.6k0.06%	0.06%	Unchanged
52	XTANT MED HLDGS INC COM NEW XTNT	XTNT	109,466	$46.1k0.02%	0.02%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
MDXHEALTH SA MDXH	MDXH	1,203,454	$2.8m1.2m shares
TWIN DISC INC TWIN	TWIN	111,216	$1.7m111.2k shares
KVH INDS INC KVHI	KVHI	172,095	$1.5m172.1k shares
Private Bancorp of America Inc PBAM	PBAM	20,000	$1.4m20.0k shares
BBX CAPITAL INC BBXIA	BBXIA	400,801	$1.2m400.8k shares
EKSO BIONICS HLDGS INC		95,331	$1.0m95.3k shares
LIPOCINE INC NEW LPCN	LPCN	66,812	$533.8k66.8k shares
LSI INDS INC OHIO LYTS	LYTS	20,000	$372.0k20.0k shares
MAXCYTE INC MXCT	MXCT	284,024	$199.5k284.0k shares
IDENTIV INC INVE	INVE	19,203	$71.1k19.2k shares
BIRCHTECH CORP BCHT	BCHT	30,000	$57.0k30.0k shares
SALEM MEDIA GROUP INC		115,705	$47.5k115.7k shares

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
DLH HLDGS CORP DLHC · 13G · filed 2026-10-27	DLHC	19.9%≈ $15.1m	+0.5 pts	13G	2026-10-27
CREATIVE REALITIES INC CREX · 13G · filed 2026-10-28	CREX	8.6%	-0.3 pts	13G	2026-10-28
HERITAGE GLOBAL INC HGBL · 13G · filed 2026-04-06	HGBL	6.4%≈ $2.7m	+1.1 pts	13G	2026-04-06
LEGACY ED INC LGCY · 13G · filed 2026-10-01	LGCY	6.0%≈ $9.1m	new	13G	2026-10-01
EKSO BIONICS HLDGS INC 13G · filed 2026-04-09		5.4%	new	13G	2026-04-09

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
2026-09-28	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	60	$20860 shares	+<1%
2026-09-24	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	58	$22358 shares	+<1%
2026-09-23	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	100	$388100 shares	+<1%
2026-09-22	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	301	$1.2k301 shares	+<1%
2026-09-21	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	174	$696174 shares	+<1%
2026-09-18	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	316	$1.2k316 shares	+<1%
2026-09-17	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	204	$808204 shares	+<1%
2026-09-16	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	1,000	$3.9k1.0k shares	+<1%
2026-09-15	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	621	$2.3k621 shares	+<1%
2026-09-14	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	730	$2.8k730 shares	+<1%
2026-09-11	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	492	$1.9k492 shares	+<1%
2026-09-10	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	221	$871221 shares	+<1%
2026-09-09	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	1,000	$3.9k1.0k shares	+<1%
2026-09-08	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	488	$1.9k488 shares	+<1%
2026-09-04	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	870	$3.6k870 shares	+<1%
2026-09-01	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	200	$872200 shares	+<1%
2026-08-31	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	500	$2.2k500 shares	+<1%
2026-08-28	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	500	$2.2k500 shares	+<1%
2026-08-27	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	224	$1.0k224 shares	+<1%
2026-08-26	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	500	$2.2k500 shares	+<1%
2026-08-25	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	209	$949209 shares	+<1%
2026-08-24	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	41	$18641 shares	+<1%
2026-08-21	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	79	$35979 shares	+<1%
2026-08-20	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	70	$31870 shares	+<1%
2026-08-19	DLH HLDGS CORP 10% owner · By Mink Brook Partners LP	DLHC	Bought	493	$2.2k493 shares	+<1%