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    Largest companies by net assets

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    Companies ranked by net assets, in USD
    CompanyNet assetsSectorIndustryCountryExchange
    1TMUST-Mobile US, Inc.$56.27BCommunication ServicesTelecom ServicesUnited StatesNasdaq
    2TDSTELEPHONE & DATA SYSTEMS INC /DE/$5.17BCommunication ServicesTelecom ServicesUnited StatesNYSE
    3VSATVIASAT INC$4.64BCommunication ServicesTelecom ServicesUnited StatesNasdaq
    4ZDZIFF DAVIS, INC.$2.24BCommunication ServicesTelecom ServicesUnited StatesNasdaq
    5ASTSAST SpaceMobile, Inc.$1.89BCommunication ServicesTelecom ServicesUnited StatesNasdaq
    6ADARRAY DIGITAL INFRASTRUCTURE, INC.$1.27BCommunication ServicesTelecom ServicesUnited StatesNYSE
    7SHENSHENANDOAH TELECOMMUNICATIONS CO/VA/$859.94MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    8ATNIATN International, Inc.$598.78MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    9TTGTTechTarget, Inc.$506.86MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    10IRDMIridium Communications Inc.$472.51MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    11IDTIDT CORP$396.11MCommunication ServicesTelecom ServicesUnited StatesNYSE
    12GSATGlobalstar, Inc.$292.61MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    13ATEXAnterix Inc.$285.79MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    14SIDUSidus Space Inc.$188.84MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    15UNITUniti Group Inc.$161.50MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    16SPIRSpire Global, Inc.$144.28MCommunication ServicesTelecom ServicesUnited StatesNYSE
    17SPOKSpok Holdings, Inc$139.87MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    18IQSTiQSTEL Inc$17.18MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    19NXPLNextPlat Corp$16.48MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    20FABCFabric.AI, Inc.$11.17MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    21MYSEMyseum.AI, Inc.$4.37MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    22ELWTElauwit Connection, Inc.$-0.76MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    23VACIViking Acquisition Corp I$-9.51MCommunication ServicesTelecom ServicesUnited StatesNYSE
    24OBAIOur Bond, Inc.$-13.41MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    25SURGSurgePays, Inc.$-20.69MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    26CCOICOGENT COMMUNICATIONS HOLDINGS, INC.$-34.13MCommunication ServicesTelecom ServicesUnited StatesNasdaq
    27LUMNLumen Technologies, Inc.$-1.49BCommunication ServicesTelecom ServicesUnited StatesNYSE

    U.S.-exchange common stocks; ADRs and funds excluded. 27 companies. Reported USD values. TTM means trailing twelve months; companies without a comparable value are excluded.