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SPRUCE HOUSE INVESTMENT MANAGEMENT LLC

Q4 2025 · Filed 2026-02-17
Market Value
$3.2B
-14.7%
Holdings
9
New Purchases
0
Added To
1
Closed
0
Reduced
3
Top 10 Concentration
100.0%
Turnover
0.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
DKNG 4.53% 0.30% +4.23% $145M
W 9.18% 6.97% +2.21% $294M
GXO 5.35% 4.59% +0.76% $171M
CIGI 5.98% 5.43% +0.55% $191M
CNM 3.49% 3.09% +0.41% $112M
QXO 0.49% 0.41% +0.08% $16M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CVNA 30.02% 36.32% -6.31% $960M
APP 37.91% 39.43% -1.52% $1.2B
CMPR 3.05% 3.46% -0.41% $98M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 4 $2.3B 72.9%
Mid Cap 5 $865M 27.1%

Portfolio Analytics

Avg Market Cap
$32.3B
Median Market Cap
$8.9B
Avg P/E
62.6
Median P/E
41.3
Avg Dividend Yield
0.00%
Avg Beta
2.07
# Stocks
9
# ETFs / Funds
0

Top Holdings (9 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 APP 37.91% 1,799,729 $1.2B $673.82 -$265M -257,295 -12.5%
2 CVNA 30.02% 2,275,000 $960M $422.02 -$401M -1,334,288 -37.0%
3 W 9.18% 2,923,845 $294M $100.41 $32M
4 CIGI 5.98% 1,301,133 $191M $147.00 -$12M
5 GXO 5.35% 3,250,000 $171M $52.64 -$812K
6 DKNG 4.53% 4,203,834 $145M $34.46 $134M +3,903,834 +1301.3%
7 CNM 3.49% 2,150,000 $112M $51.97 -$4M
8 CMPR 3.05% 1,465,366 $98M $66.59 -$32M -593,538 -28.8%
9 QXO 0.49% 813,009 $16M $19.29 $187K
View SEC EDGAR Filings for SPRUCE HOUSE INVESTMENT MANAGEMENT LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms