B. Riley Asset Management, LLC
- SEC CIK
- 0001841077
- Latest filing
- Feb 17, 2026
The latest 13F from B. Riley Asset Management, LLC covers Q4 2025 (filed Feb 17, 2026): 1 long positions worth $40.0M. The top 10 holdings make up 100.0% of the portfolio, and the largest is Applied Digital Corp. (APLD) at 100.0%. Livermore has 20 filings on Form 13F from this institution, going back to Q4 2021.
What changed in Q4 2025
Share counts compared with Q3 2025: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.
- New
- 0
- Added
- 0
- Reduced
- 0
- Sold out
- 4
- Est. −$1.87M
Biggest buys
New and added positions, by estimated amount bought
None this quarter.
Largest weight increases
New and added positions, by percentage points of the portfolio gained
None this quarter.
Biggest sells
Reduced and sold-out positions, by estimated amount sold
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
Metrics
13F metrics for Q4 2025, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $40.0M
- +$704.4K (+1.8%) vs. prior quarter
- Positions
- 1
- −4 vs. prior quarter
- Top 10 concentration
- 100.0%
- Top 10 as share of value
- Turnover
- 0.0%
- Q4 2025, one quarter
- Average holding period
- 15.0 quarters
- Weighted by value
How these are calculated
- Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
- Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
- Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
- Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q4 2021), so positions held before then are understated.
13F filings by quarter
17 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $276.3M (Q4 2023)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q4 2025 | Feb 17, 2026 | 1 | $40.0M | APLD | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 14, 2025 | 5 | $39.3M | APLDSQNSBitfarms Ltd Com | vs. Q2 2025 | SEC |
| Q2 2025 | Aug 14, 2025 | 9 | $24.4M | APLDSQNSCXM | vs. Q1 2025 | SEC |
| Q1 2025 | May 15, 2025 | 34 | $37.9M | APLDSQNSFIVN | vs. Q4 2024 | SEC |
| Q4 2024 | Feb 14, 2025 | 48 | $105.8M | SQNSAPLDFIVN | vs. Q3 2024 | SEC |
| Q3 2024 | Dec 5, 2024Amended | 61 | $175.0M | APLDSQNSCDZI | vs. Q2 2024 | SEC |
| Q2 2024 | Aug 14, 2024 | 65 | $199.0M | VPGFIVNCDZI | vs. Q1 2024 | SEC |
| Q1 2024 | May 15, 2024 | 71 | $249.8M | VPGALTGRSKD | vs. Q4 2023 | SEC |
| Q4 2023 | Feb 15, 2024 | 87 | $276.3M | SQNSVPGHBIO | vs. Q3 2023 | SEC |
| Q3 2023 | Nov 14, 2023 | 70 | $251.2M | SQNSVPGHBIO | vs. Q2 2023 | SEC |
| Q2 2023 | Aug 14, 2023 | 66 | $272.2M | SQNSAPLDVPG | vs. Q1 2023 | SEC |
| Q1 2023 | May 15, 2023 | 59 | $241.5M | VPGHBIOBW | vs. Q4 2022 | SEC |
| Q4 2022 | Feb 15, 2023Amended | 61 | $223.3M | SQNSPAAICalAmp Corp. | vs. Q3 2022 | SEC |
| Q3 2022 | Nov 14, 2022 | 65 | $179.2M | PAAISQNSUIS | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 16, 2022 | 78 | $198.4M | UISPAAIADEA | vs. Q1 2022 | SEC |
| Q1 2022 | May 16, 2022 | 63 | $193.5M | TTSHUISTufin Software Technologie | vs. Q4 2021 | SEC |
| Q4 2021 | Feb 10, 2022Amended | 65 | $189.7M | TTSHRILYTufin Software Technologie | – | SEC |
13D and 13G filings
Companies where B. Riley Asset Management, LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.
Current stakes of 5% or more
B. Riley Asset Management, LLC does not currently report owning 5% or more of any company.
Latest filings
20 filings on file made by B. Riley Asset Management, LLC or listing it as a reporting person, newest first.
| Company | Filed (ET) | Form | Stake | Change | Event date | Filing |
|---|---|---|---|---|---|---|
| SQNSSequans Communications | Jul 11, 20259:45 PM ET | 13D/A | 2.80%40.3M shares | –Below 5% | Jun 17, 2024 | SEC |
| CDZICadiz Inc | Feb 14, 202510:02 AM ET | 13G/A | 1.40%1.05M shares | –Below 5% | Dec 31, 2024 | SEC |
| HBIOHarvard Bioscience Inc | Nov 14, 2024 | 13G/AOld format | – | – | – | SEC |
| CDZICadiz Inc | Nov 14, 2024 | 13GOld format | – | New | – | SEC |
| PAAIParadium.AI, Inc. | Feb 14, 2024 | 13G/AOld format | – | – | – | SEC |
| HBIOHarvard Bioscience Inc | Feb 14, 2024 | 13G/AOld format | – | – | – | SEC |
| SQNSSequans Communications | Oct 27, 2023 | 13D/AOld format | – | – | – | SEC |
| PAAIParadium.AI, Inc. | Feb 16, 2023 | 13G/AOld format | – | – | – | SEC |
| HBIOHarvard Bioscience Inc | Feb 16, 2023 | 13G/AOld format | – | – | – | SEC |
| INTTIntest Corp | Feb 16, 2023 | 13G/AOld format | – | – | – | SEC |
| HBIOHarvard Bioscience Inc | Feb 15, 2023 | 13GOld format | – | New | – | SEC |
| PAAIParadium.AI, Inc. | Feb 15, 2023 | 13GOld format | – | New | – | SEC |
| SQNSSequans Communications | Dec 5, 2022 | 13D/AOld format | – | – | – | SEC |
| CalAmp Corp. | Oct 18, 2022 | 13D/AOld format | – | – | – | SEC |
| SQNSSequans Communications | Sep 6, 2022 | 13D/AOld format | – | – | – | SEC |
| CalAmp Corp. | Jul 22, 2022 | 13DOld format | – | – | – | SEC |
| CalAmp Corp. | Jun 22, 2022 | 13D/AOld format | – | – | – | SEC |
| CalAmp Corp. | May 26, 2022 | 13DOld format | – | New | – | SEC |
| SQNSSequans Communications | Mar 24, 2022 | 13DOld format | – | New | – | SEC |
| INTTIntest Corp | Jan 20, 2021 | 13GOld format | – | New | – | SEC |