Potomac Capital Management, Inc.
Net seller this quarter
$147M
61
-$6.59M
52.7%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 ECHO | $17.3M | 11.79% | 0.35% | -16.0% | Q4 2013 |
 ATEX | $16M | 10.89% | 0.79% | -10.8% | Q4 2025 |
 LSAK | $7.53M | 5.14% | 1.82% | +36.2% | Q2 2014 |
 PESI | $6.82M | 4.65% | 2.25% | +60.8% | Q4 2021 |
 DSP | $6.81M | 4.65% | Not reported | +1.0% | Q1 2022 |
 WYY | $5.24M | 3.57% | 2.99% | +9.7% | Q4 2025 |
 XPER | $5.14M | 3.51% | 1.28% | +0.8% | Q4 2025 |
 INSE | $5.09M | 3.47% | 2.34% | 0.0% | Q4 2021 |
 DUOT | $3.76M | 2.57% | 1.53% | -3.4% | Q4 2025 |
 CLAR | $3.56M | 2.43% | 2.95% | Not reported | Q4 2022 |
 AIOT | $3.49M | 2.38% | 0.68% | +0.1% | Q4 2021 |
 ALLT | $3.31M | 2.26% | 0.77% | +0.1% | Q1 2022 |
 GRPN | $2.96M | 2.02% | 0.30% | -20.9% | Q4 2025 |
 LION | $2.59M | 1.77% | 0.06% | -22.1% | Q4 2025 |
 KVHI | $2.58M | 1.76% | 1.35% | -44.1% | Q4 2021 |
 FENC | $2.41M | 1.65% | 0.64% | Not reported | Q4 2025 |
 GANX | $1.92M | 1.31% | 2.18% | -6.2% | Q4 2025 |
 SHMD | $1.8M | 1.23% | 0.67% | New | Q2 2026 |
 GPGI | $1.8M | 1.23% | 0.04% | Not reported | Q4 2021 |
 CODI | $1.76M | 1.20% | 0.22% | -32.2% | Q1 2026 |
 TPCS | $1.46M | 1.00% | 2.77% | +12.0% | Q2 2023 |
 CDZI | $1.46M | 1.00% | 0.42% | +4.5% | Q4 2025 |
 ACVA | $1.42M | 0.97% | 0.12% | New | Q2 2026 |
 NN | $1.41M | 0.96% | 0.05% | +110.5% | Q4 2025 |
 ARLO | $1.35M | 0.92% | 0.09% | Not reported | Q1 2026 |
 GSIT | $1.3M | 0.89% | 0.44% | -51.8% | Q1 2026 |
 III | $1.2M | 0.82% | 0.60% | Not reported | Q4 2021 |
 BAC | $1.14M | 0.78% | 0.00% | Not reported | Q4 2021 |
 CSGP | $1.13M | 0.77% | 0.01% | +233.3% | Q1 2026 |
 SVC | $1.09M | 0.75% | 0.50% | +209.6% | Q4 2022 |
 BABA | $1.04M | 0.71% | 0.00% | Not reported | Q4 2025 |
 AVD | $1M | 0.69% | 1.25% | -42.3% | Q4 2025 |
 EOLS | $982K | 0.67% | 0.21% | Not reported | Q4 2021 |
 GILT | $970K | 0.66% | 0.10% | Not reported | Q4 2025 |
 BW | $902K | 0.62% | 0.04% | Not reported | Q4 2021 |
 VXX | $890K | 0.61% | Not reported | Not reported | Q4 2021 |
 AVPT | $846K | 0.58% | 0.04% | New | Q2 2026 |
 KOPN | $829K | 0.57% | 0.10% | New | Q2 2026 |
 PRCH | $752K | 0.51% | 0.04% | -18.7% | Q1 2026 |
 FEAM | $704K | 0.48% | 1.22% | Not reported | Q4 2025 |
 ISPR | $670K | 0.46% | 1.04% | New | Q2 2026 |
 PRTH | $615K | 0.42% | 0.11% | -15.3% | Q4 2025 |
 CDXS | $588K | 0.40% | 0.28% | -5.2% | Q4 2025 |
 PCYO | $522K | 0.36% | 0.20% | Not reported | Q3 2015 |
 INTZ | $481K | 0.33% | 2.28% | +11.4% | Q4 2025 |
 XELB | $450K | 0.31% | 3.86% | -38.8% | Q4 2021 |
 OWLT | $444K | 0.30% | 0.27% | +9.8% | Q4 2025 |
 RMNI | $406K | 0.28% | 0.10% | +13.6% | Q4 2025 |
 FPH | $395K | 0.27% | Not reported | +25.0% | Q4 2021 |
 BRLT | $384K | 0.26% | 3.55% | +7.9% | Q4 2025 |
| Q1 2026 | |||||
| ECHO | $23.2M | 20.16% | 0.42% | -20.5% | Q4 2013 |
| ATEX | $6.64M | 5.77% | 0.92% | +7.7% | Q4 2025 |
| DSP | $5.97M | 5.19% | Not reported | +20.9% | Q1 2022 |
| LSAK | $5.66M | 4.92% | 1.34% | +11.3% | Q2 2014 |
| INSE | $4.4M | 3.82% | 2.31% | -5.2% | Q4 2021 |
| KVHI | $4.17M | 3.63% | 2.39% | -0.2% | Q4 2021 |
| XPER | $3.47M | 3.02% | 1.29% | +3.2% | Q4 2025 |
| PESI | $3.17M | 2.76% | 1.60% | -13.2% | Q4 2021 |
| CLAR | $3.08M | 2.68% | 2.94% | +16.8% | Q4 2022 |
| AIOT | $2.81M | 2.44% | 0.68% | +342.3% | Q4 2021 |
| ALLT | $2.49M | 2.16% | 0.77% | +5.4% | Q1 2022 |
| DUOT | $2.22M | 1.93% | 1.10% | +18.2% | Q4 2025 |
| LION | $2.08M | 1.81% | 0.07% | -3.6% | Q4 2025 |
| GANX | $1.96M | 1.70% | 2.37% | -0.1% | Q4 2025 |
| GPGI | $1.94M | 1.69% | 0.04% | -3.0% | Q4 2021 |
| CODI | $1.91M | 1.66% | 0.32% | New | Q1 2026 |
| GRPN | $1.85M | 1.61% | 0.40% | +4.2% | Q4 2025 |
| GSIT | $1.79M | 1.56% | 0.95% | New | Q1 2026 |
| CDZI | $1.64M | 1.43% | 0.40% | Not reported | Q4 2025 |
| AVD | $1.55M | 1.35% | 2.18% | +35.7% | Q4 2025 |
 HCKT | $1.52M | 1.33% | 0.46% | New | Q1 2026 |
| ARLO | $1.42M | 1.24% | 0.09% | New | Q1 2026 |
| FENC | $1.38M | 1.20% | 0.65% | +136.0% | Q4 2025 |
| WYY | $1.36M | 1.18% | 2.76% | +39.4% | Q4 2025 |
| BABA | $1.35M | 1.18% | 0.00% | -1.8% | Q4 2025 |
| III | $1.12M | 0.97% | 0.61% | Not reported | Q4 2021 |
| GILT | $1.09M | 0.95% | 0.10% | -20.1% | Q4 2025 |
 PXLW | $1.08M | 0.94% | 3.14% | Not reported | Q4 2025 |
 MX | $1.02M | 0.89% | 1.00% | -5.7% | Q4 2025 |
| BAC | $975K | 0.85% | 0.00% | Not reported | Q4 2021 |
 ADTN | $971K | 0.84% | 0.10% | New | Q1 2026 |
| BW | $940K | 0.82% | 0.05% | Not reported | Q4 2021 |
 CXDO | $861K | 0.75% | 0.43% | -8.4% | Q4 2025 |
| TPCS | $751K | 0.65% | 2.49% | Not reported | Q2 2023 |
| FEAM | $709K | 0.62% | 1.22% | +728.4% | Q4 2025 |
 DDI | $668K | 0.58% | 3.19% | Not reported | Q4 2025 |
| XELB | $633K | 0.55% | 6.91% | Not reported | Q4 2021 |
| NN | $601K | 0.52% | 0.03% | +70.5% | Q4 2025 |
| EOLS | $582K | 0.51% | 0.21% | +0.2% | Q4 2021 |
| PRTH | $514K | 0.45% | 0.13% | +10.0% | Q4 2025 |
| LUNA | $508K | 0.44% | 1.36% | Not reported | Q4 2025 |
| PCYO | $490K | 0.43% | 0.20% | Not reported | Q3 2015 |
| CSGP | $484K | 0.42% | 0.00% | New | Q1 2026 |
| CDXS | $447K | 0.39% | 0.30% | -8.6% | Q4 2025 |
| PRCH | $441K | 0.38% | 0.05% | New | Q1 2026 |
| BRLT | $419K | 0.36% | 3.29% | +30.7% | Q4 2025 |
 DHC | $398K | 0.35% | 0.02% | -70.0% | Q4 2021 |
 IDAI | $385K | 0.33% | 3.04% | -16.5% | Q4 2025 |
| INTZ | $382K | 0.33% | 2.28% | -1.6% | Q4 2025 |
| OWLT | $362K | 0.32% | 0.25% | +21.6% | Q4 2025 |
| Q4 2025 | |||||
| ECHO | $27.1M | 21.73% | 0.52% | Not reported | Q4 2013 |
| INSE | $6.09M | 4.89% | 2.42% | +45.4% | Q4 2021 |
| DSP | $5.31M | 4.26% | Not reported | +21.4% | Q1 2022 |
| LSAK | $4.77M | 3.83% | 1.23% | -34.6% | Q2 2014 |
| PESI | $4.3M | 3.46% | 1.85% | +14.3% | Q4 2021 |
| ATEX | $3.52M | 2.83% | 0.86% | New | Q4 2025 |
| XPER | $3.52M | 2.82% | 1.28% | New | Q4 2025 |
| ALLT | $3.48M | 2.80% | 0.73% | -64.1% | Q1 2022 |
| KVHI | $3.25M | 2.61% | 2.39% | -33.3% | Q4 2021 |
| GANX | $3.25M | 2.61% | 2.40% | New | Q4 2025 |
| CLAR | $3.24M | 2.61% | 2.52% | +123.6% | Q4 2022 |
| DUOT | $3.09M | 2.48% | 1.34% | New | Q4 2025 |
 CNDT | $2.97M | 2.38% | 1.00% | +205.9% | Q4 2021 |
| GRPN | $2.63M | 2.11% | 0.37% | New | Q4 2025 |
| GPGI | $2.26M | 1.81% | 0.09% | -37.3% | Q4 2021 |
| LION | $2.05M | 1.65% | 0.08% | New | Q4 2025 |
 EFXT | $1.98M | 1.59% | 0.11% | -40.7% | Q4 2023 |
| CDZI | $1.88M | 1.51% | 0.40% | New | Q4 2025 |
| AVD | $1.75M | 1.41% | 1.61% | New | Q4 2025 |
| III | $1.69M | 1.35% | 0.61% | +60.3% | Q4 2021 |
| BABA | $1.61M | 1.30% | 0.00% | New | Q4 2025 |
| PXLW | $1.27M | 1.02% | 3.16% | New | Q4 2025 |
| TPCS | $1.21M | 0.97% | 2.49% | +225.4% | Q2 2023 |
| GILT | $1.18M | 0.95% | 0.12% | New | Q4 2025 |
| BAC | $1.1M | 0.88% | 0.00% | -20.8% | Q4 2021 |
| AIOT | $1.1M | 0.88% | 0.15% | +41.1% | Q4 2021 |
| WYY | $1.05M | 0.84% | 1.98% | New | Q4 2025 |
| MX | $987K | 0.79% | 1.07% | New | Q4 2025 |
| CXDO | $985K | 0.79% | 0.49% | New | Q4 2025 |
| DHC | $970K | 0.78% | 0.08% | Not reported | Q4 2021 |
| OWLT | $939K | 0.75% | 0.22% | New | Q4 2025 |
| EOLS | $939K | 0.75% | 0.22% | -8.8% | Q4 2021 |
 LULU | $914K | 0.73% | 0.00% | New | Q4 2025 |
 CMTL | $851K | 0.68% | 0.54% | New | Q4 2025 |
| IDAI | $754K | 0.61% | 3.67% | New | Q4 2025 |
| FENC | $732K | 0.59% | 0.28% | New | Q4 2025 |
 ASPS | $700K | 0.56% | 0.92% | +390.2% | Q1 2023 |
| DDI | $683K | 0.55% | 3.19% | New | Q4 2025 |
| INTZ | $544K | 0.44% | 2.35% | New | Q4 2025 |
| PRTH | $539K | 0.43% | 0.12% | New | Q4 2025 |
| PCYO | $536K | 0.43% | 0.20% | +4.2% | Q3 2015 |
| LUNA | $531K | 0.43% | 1.36% | New | Q4 2025 |
| CDXS | $489K | 0.39% | 0.33% | New | Q4 2025 |
 SSTI | $485K | 0.39% | 0.47% | New | Q4 2025 |
| XELB | $441K | 0.35% | 6.94% | +424.0% | Q4 2021 |
| BRLT | $422K | 0.34% | 2.51% | New | Q4 2025 |
| BW | $406K | 0.33% | 0.05% | -80.6% | Q4 2021 |
| SVC | $385K | 0.31% | 0.62% | +78.6% | Q4 2022 |
| VXX | $371K | 0.30% | Not reported | -27.7% | Q4 2021 |
| NN | $366K | 0.29% | 0.02% | New | Q4 2025 |
| Q4 2023 | |||||
| LSAK | $4.95M | 5.76% | 2.37% | +0.1% | Q2 2014 |
| DISH | $4.61M | 5.35% | 79820.00% | +155.8% | Q3 2015 |
| INSE | $4.42M | 5.14% | 1.71% | +4.8% | Q4 2021 |
| KVHI | $3.68M | 4.28% | 3.57% | -2.1% | Q4 2021 |
| BVH | $3.55M | 4.13% | Not reported | -26.1% | Q4 2021 |
| CLAR | $2.99M | 3.47% | 1.14% | +1.4% | Q4 2022 |
| DSP | $2.5M | 2.91% | Not reported | +20.0% | Q1 2022 |
| PESI | $2.35M | 2.73% | 2.19% | +0.9% | Q4 2021 |
| GRSD | $2.14M | 2.49% | 0.60% | +3.4% | Q2 2023 |
| ENZB | $2.06M | 2.39% | Not reported | +1.8% | Q4 2021 |
 ASPN | $1.85M | 2.15% | 0.15% | Not reported | Q4 2022 |
| CNDT | $1.84M | 2.14% | 0.24% | +66.2% | Q4 2021 |
| IVAC | $1.72M | 1.99% | 1504.35% | +52.7% | Q4 2021 |
| EOLS | $1.63M | 1.90% | 0.27% | Not reported | Q4 2021 |
| ALLT | $1.63M | 1.89% | 2.57% | -4.1% | Q1 2022 |
 SMTC | $1.28M | 1.48% | 0.09% | New | Q4 2023 |
| VXX | $1.2M | 1.40% | Not reported | Not reported | Q4 2021 |
 OEC | $1.05M | 1.23% | 0.07% | Not reported | Q4 2021 |
| EFXT | $1.01M | 1.17% | 0.17% | New | Q4 2023 |
| XELB | $1.01M | 1.17% | 39.38% | +23.5% | Q4 2021 |
| SVC | $999K | 1.16% | 0.07% | Not reported | Q4 2022 |
 YTRA | $876K | 1.02% | Not reported | Not reported | Q4 2021 |
| III | $857K | 1.00% | 0.37% | +9.6% | Q4 2021 |
| BAC | $850K | 0.99% | 0.00% | Not reported | Q4 2021 |
| GPGI | $837K | 0.97% | 0.20% | -64.8% | Q4 2021 |
 CALY | $746K | 0.87% | 0.03% | -5.5% | Q3 2022 |
 STKS | $613K | 0.71% | 0.32% | +2.2% | Q4 2021 |
| VTNR | $610K | 0.71% | Not reported | -8.9% | Q4 2021 |
| ASPS | $585K | 0.68% | 0.62% | +12.5% | Q1 2023 |
| AIOT | $499K | 0.58% | 0.39% | -32.6% | Q4 2021 |
| PCYO | $490K | 0.57% | 0.19% | Not reported | Q3 2015 |
| BW | $481K | 0.56% | 0.37% | -33.9% | Q4 2021 |
 VERU | $471K | 0.55% | 0.45% | New | Q4 2023 |
| CFLT | $452K | 0.53% | 0.02% | +24.5% | Q1 2023 |
| TPCS | $397K | 0.46% | 0.88% | -26.9% | Q2 2023 |
| PWSC | $375K | 0.44% | 0.01% | -16.3% | Q1 2022 |
 ATHA | $363K | 0.42% | Not reported | +100.6% | Q4 2021 |
| TALK | $337K | 0.39% | 0.08% | +138.9% | Q3 2023 |
 UIS | $337K | 0.39% | 0.09% | -37.2% | Q4 2014 |
 APLD | $337K | 0.39% | 0.04% | New | Q4 2023 |
| QVCGP | $216K | 0.25% | Not reported | New | Q4 2023 |
 BMRA | $210K | 0.24% | 1.00% | -2.2% | Q1 2023 |
 CHGG | $199K | 0.23% | 0.02% | New | Q4 2023 |
 MSGE | $191K | 0.22% | Not reported | +20.0% | Q2 2023 |
 INVE | $178K | 0.21% | 0.09% | +8.0% | Q2 2023 |
 COYA | $156K | 0.18% | 0.15% | New | Q4 2023 |
 AEYE | $110K | 0.13% | 0.17% | Not reported | Q3 2023 |