Zazove Associates LLC reported 22 positions worth $29.12M for the quarter ended Jun 30, 2026, down 10.2% on the prior quarter. It opened 5 new positions, added to 8, trimmed 6 and exited 6. Its largest holding is Braemar Hotels & Resorts Inc. at 16.4% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| UONEK Urban One, Inc. | +512.0K | – | $2.46M | 8.44% |
| BKV BKV Corp | +46.9K | – | $1.28M | 4.41% |
| REAL TheRealReal, Inc. | +90.0K | +94.7% | $1.06M | 7.49% |
| GLAS Glass House Brands Inc. | +79.8K | – | $1.04M | 3.57% |
| AB Alliancebernstein Holding L.P. | +19.3K | – | $679.75K | 2.33% |
| MNTN MNTN, Inc. | +73.4K | +58.0% | $675.27K | 6.32% |
| BRCC BRC Inc. | +47.1K | +87.4% | $523.33K | 3.85% |
| AUROW Aurora Innovation, Inc. | +473.8K | +699.8% | $170.09K | 0.668% |
| UONE Urban One, Inc. | +15.2K | – | $83.08K | 0.285% |
| BKD Brookdale Senior Living Inc. | +5,000 | +3.8% | $80.45K | 7.46% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| UAN Cvr Partners, Lp | -39.3K | -100.0% | $4.03M | Exited |
| CCO Clear Channel Outdoor Holdings, Inc. | -1.36M | -100.0% | $3.01M | Exited |
| WEST Westrock Coffee Co | -143.2K | -24.1% | $1.16M | 12.55% |
| NCMI National CineMedia, Inc. | -257.4K | -100.0% | $1.00M | Exited |
| GRNT Granite Ridge Resources, Inc. | -174.1K | -25.5% | $767.72K | 7.71% |
| BHR Braemar Hotels & Resorts Inc. | -215.4K | -8.9% | $465.27K | 16.45% |
| HDSN Hudson Technologies Inc | -50.0K | -100.0% | $342.50K | Exited |
| SYM Symbotic Inc. | -5,000 | -100.0% | $297.50K | Exited |
| GROY Gold Royalty Corp. | -35.0K | -10.4% | $96.60K | 2.84% |
| OPK Opko Health, Inc. | -50.0K | -33.3% | $75.00K | 0.515% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| UAN Cvr Partners, Lp | -39.3K | $4.03M | 12.44% |
| CCO Clear Channel Outdoor Holdings, Inc. | -1.36M | $3.01M | 9.27% |
| NCMI National CineMedia, Inc. | -257.4K | $1.00M | 3.09% |
| HDSN Hudson Technologies Inc | -50.0K | $342.50K | 1.06% |
| SYM Symbotic Inc. | -5,000 | $297.50K | 0.918% |
| AIRJW AirJoule Technologies Corp. | -15.7K | $14.07K | 0.043% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | BHR Braemar Hotels & Resorts Inc. | Real Estate | 2.22M | $4.79M | 16.45% | -215.4K | -8.9% | Reduced | 3.23% |
| 2 | WEST Westrock Coffee Co | Consumer Staples | 450.5K | $3.65M | 12.55% | -143.2K | -24.1% | Reduced | 0.46% |
| 3 | UONEK Urban One, Inc. | Communication Services | 512.0K | $2.46M | 8.44% | +512.0K | – | New | 14.75% |
| 4 | GRNT Granite Ridge Resources, Inc. | Energy | 509.0K | $2.24M | 7.71% | -174.1K | -25.5% | Reduced | 0.39% |
| 5 | REAL TheRealReal, Inc. | Consumer Discretionary | 185.0K | $2.18M | 7.49% | +90.0K | +94.7% | Added | 0.15% |
| 6 | BKD Brookdale Senior Living Inc. | Healthcare | 135.0K | $2.17M | 7.46% | +5,000 | +3.8% | Added | 0.06% |
| 7 | BHRPB BRAEMAR HOTELS & RESORTS INC 5.50% SERIES B CUMULATIVE CONVERTIBLE PREFERRED STOCK | Others | 147.4K | $2.04M | 7.02% | +3,270 | +2.3% | Added | 0% |
| 8 | MNTN MNTN, Inc. | Technology | 200.0K | $1.84M | 6.32% | +73.4K | +58.0% | Added | 0.27% |
| 9 | LUXE LuxExperience B.V. | Consumer Discretionary | 200.4K | $1.49M | 5.11% | 0 | 0.0% | Unchanged | 0.14% |
| 10 | BKV BKV Corp | Energy | 46.9K | $1.28M | 4.41% | +46.9K | – | New | 0.04% |
| 11 | BRCC BRC Inc. | Consumer Staples | 101.1K | $1.12M | 3.85% | +47.1K | +87.4% | Added | 0.4% |
| 12 | GLAS Glass House Brands Inc. | Consumer Staples | 79.8K | $1.04M | 3.57% | +79.8K | – | New | 0.1% |
| 13 | GROY Gold Royalty Corp. | Financial Services | 300.0K | $828.00K | 2.84% | -35.0K | -10.4% | Reduced | 0.17% |
| 14 | AB Alliancebernstein Holding L.P. | Financial Services | 19.3K | $679.75K | 2.33% | +19.3K | – | New | 0.02% |
| 15 | SVM Silvercorp Metals Inc | Basic Materials | 41.3K | $416.77K | 1.43% | +6,764 | +19.6% | Added | 0.02% |
Tip. Select a row to see that position’s full history at Zazove Associates.
As of its Q2 2026 13F filing, Zazove Associates LLC’s five largest positions were Braemar Hotels & Resorts Inc. (BHR) at 16.4%, Westrock Coffee Co (WEST) at 12.5%, Urban One, Inc. (UONEK) at 8.4%, Granite Ridge Resources, Inc. (GRNT) at 7.7%, TheRealReal, Inc. (REAL) at 7.5% of the reported portfolio.
Zazove Associates LLC reported a 13F portfolio worth $29.12M across 22 positions for Q2 2026. That is down 10.2% from the previous quarter.
Its largest purchases by value were Urban One, Inc. ($2.46M), BKV Corp ($1.28M), TheRealReal, Inc. ($1.06M). It opened 5 new positions.
Its largest sales by value were Cvr Partners, Lp ($4.03M), Clear Channel Outdoor Holdings, Inc. ($3.01M), Westrock Coffee Co ($1.16M). It exited 6 positions entirely.
From the Form 13F-HR reports Zazove Associates LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.