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SPRUCE HOUSE INVESTMENT MANAGEMENT LLC

Q1 2026 · Filed 2026-05-15
Market Value
$2.5B
-20.4%
Holdings
10
+1
New Purchases
1
Added To
3
Closed
0
Reduced
3
Top 10 Concentration
100.0%
Turnover
10.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CIGI 10.55% 5.98% +4.57% $268M
DKNG 8.20% 4.53% +3.67% $209M
SRAD 1.81% 0.00% +1.81% $46M
GXO 6.62% 5.35% +1.27% $169M
CNM 4.17% 3.49% +0.68% $106M
CMPR 3.51% 3.05% +0.46% $89M
QXO 0.62% 0.49% +0.13% $16M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
APP 27.99% 37.91% -9.92% $712M
W 7.68% 9.18% -1.49% $196M
CVNA 28.85% 30.02% -1.17% $734M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 4 $1.7B 65.7%
Mid Cap 6 $874M 34.3%

Portfolio Analytics

Avg Market Cap
$29.5B
Median Market Cap
$8.9B
Avg P/E
60.7
Median P/E
41.4
Avg Dividend Yield
0.00%
Avg Beta
2.03
# Stocks
10
# ETFs / Funds
0

Top Holdings (10 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 CVNA 28.85% 2,335,000 $734M $314.38 -$226M +60,000 +2.6%
2 APP 27.99% 1,790,000 $712M $398.00 -$500M -9,729 -0.5%
3 CIGI 10.55% 2,511,000 $268M $106.88 $77M +1,209,867 +93.0%
4 DKNG 8.20% 9,650,000 $209M $21.62 $64M +5,446,166 +129.6%
5 W 7.68% 2,600,000 $196M $75.21 -$98M -323,845 -11.1%
6 GXO 6.62% 3,250,000 $169M $51.85 -$3M
7 CNM 4.17% 2,150,000 $106M $49.40 -$6M
8 CMPR 3.51% 1,222,633 $89M $73.00 -$8M -242,733 -16.6%
9 SRAD 1.81% 2,750,000 $46M $16.74 +2,750,000 NEW
10 QXO 0.62% 813,009 $16M $19.42 $106K

New Positions

SymbolValue% Port
SRAD $46M 1.81%
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