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Greenhouse Funds LLLP

Q1 2026 · Filed 2026-05-15
Market Value
$2.1B
-18.5%
Holdings
35
-2
New Purchases
2
Added To
16
Closed
7
Reduced
9
Top 10 Concentration
54.3%
Turnover
25.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CSGP 2.63% 0.00% +2.63% $56M
LIVN 2.32% 0.29% +2.03% $49M
RBC 6.03% 4.07% +1.95% $127M
GSAT 6.93% 5.24% +1.69% $146M
SRAD 7.43% 6.08% +1.35% $157M
HQY 4.98% 3.82% +1.16% $105M
OII 3.42% 2.29% +1.13% $72M
VMI 4.04% 3.17% +0.86% $85M
MCW 4.41% 3.55% +0.85% $93M
PZZA 0.84% 0.00% +0.84% $18M
FLS 2.29% 1.48% +0.81% $48M
MMSI 3.67% 2.95% +0.72% $77M
XBI 3.94% 3.24% +0.70% $83M
HAYW 4.07% 3.55% +0.52% $86M
TDY 3.38% 2.95% +0.43% $71M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CFLT 0.00% 3.93% -3.93% $0
OLED 0.00% 3.49% -3.49% $0
MSGS 2.35% 4.22% -1.87% $50M
ADT 0.00% 1.77% -1.77% $0
PHR 0.00% 1.62% -1.62% $0
NCR 5.92% 7.23% -1.31% $125M
ZI 3.25% 4.18% -0.93% $69M
NEO 3.20% 3.93% -0.72% $68M
CHEF 0.00% 0.57% -0.57% $0
UNF 0.00% 0.48% -0.48% $0
BILL 5.79% 6.18% -0.39% $122M
GTLB 0.00% 0.31% -0.31% $0
CDRE 4.17% 4.40% -0.23% $88M
ALAB 1.85% 2.02% -0.17% $39M
CHYM 3.04% 3.20% -0.16% $64M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 7 $491M 23.3%
Mid Cap 22 $1.4B 66.5%
Small Cap 4 $132M 6.3%
Micro Cap 2 $82M 3.9%

Portfolio Analytics

Avg Market Cap
$7.7B
Median Market Cap
$4.5B
Avg P/E
48.2
Median P/E
33.0
Avg Dividend Yield
0.01%
Avg Beta
1.27
# Stocks
34
# ETFs / Funds
1

Top Holdings (35 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SRAD 7.43% 9,363,864 $157M $16.74 -$643K +2,742,310 +41.4%
2 GSAT 6.93% 2,200,968 $146M $66.42 $10M -23,877 -1.1%
3 RBC 6.03% 234,107 $127M $543.12 $22M -1,080 -0.5%
4 NCR 5.92% 19,712,414 $125M $6.33 -$62M +1,361,427 +7.4%
5 BILL 5.79% 3,190,605 $122M $38.30 -$38M +256,679 +8.8%
6 HQY 4.98% 1,257,854 $105M $83.57 $6M +178,150 +16.5%
7 NCLH 4.53% 5,113,980 $96M $18.70 -$23M -184,669 -3.5%
8 MCW 4.41% 13,342,649 $93M $6.97 $982K -3,207,064 -19.4%
9 CDRE 4.17% 2,868,378 $88M $30.68 -$26M +76,343 +2.7%
10 HAYW 4.07% 6,418,964 $86M $13.38 -$6M +466,963 +7.8%
11 VMI 4.04% 213,048 $85M $399.57 $3M +8,924 +4.4%
12 XBI 3.94% 650,949 $83M $127.73 -$684K -36,575 -5.3%
13 MMSI 3.67% 1,122,447 $77M $68.93 $933K +255,220 +29.4%
14 OII 3.42% 2,032,489 $72M $35.47 $13M -435,771 -17.6%
15 TDY 3.38% 117,783 $71M $605.01 -$5M -31,683 -21.2%
16 ZI 3.25% 11,463,138 $69M $5.98 -$40M +831,041 +7.8%
17 NEO 3.20% 9,100,103 $68M $7.42 -$34M +456,257 +5.3%
18 CHYM 3.04% 3,421,755 $64M $18.73 -$19M +129,804 +3.9%
19 CSGP 2.63% 1,377,305 $56M $40.34 +1,377,305 NEW
20 TOST 2.48% 1,972,912 $52M $26.51 -$14M +112,769 +6.1%
21 MSGS 2.35% 154,151 $50M $321.40 -$60M -267,940 -63.5%
22 LIVN 2.32% 768,295 $49M $63.56 $41M +647,954 +538.4%
23 FLS 2.29% 658,469 $48M $73.51 $10M +105,639 +19.1%
24 ALAB 1.85% 355,272 $39M $109.60 -$13M +40,855 +13.0%
25 SG 1.24% 5,049,235 $26M $5.19 $2M +1,498,671 +42.2%
26 NOVT 1.10% 196,628 $23M $118.11 -$4M -29,443 -13.0%
27 PZZA 0.84% 546,016 $18M $32.41 +546,016 NEW
28 CLAR 0.70% 5,448,431 $15M $2.72 -$3M
29 PHR —% -$42M -2,471,960 -100.0% SOLD
30 GTLB —% -$8M -214,529 -100.0% SOLD
31 OLED —% -$90M -774,330 -100.0% SOLD
32 UNF —% -$12M -63,894 -100.0% SOLD
33 CHEF —% -$15M -236,270 -100.0% SOLD
34 CFLT —% -$102M -3,366,843 -100.0% SOLD
35 ADT —% -$46M -5,687,898 -100.0% SOLD

Options Breakdown

9 Calls $125M Call Value 1 Puts $0 Put Value 0.0 P/C Ratio

Top Calls

SymbolSharesValueStatus
NCLH 2,500,000 $47M NEW
GPN 675,000 $45M
NCR 2,719,300 $17M NEW
ADT 2,203,300 $14M
NEO 115,800 $859K NEW
FLR $0 SOLD
BILL $0 SOLD
SRAD $0 SOLD
CFLT $0 SOLD

Top Puts

SymbolSharesValueStatus
GSAT $0 SOLD

New Positions

SymbolValue% Port
CSGP $56M 2.63%
PZZA $18M 0.84%

Sold Out Positions

SymbolValue% Port
PHR —%
UNF —%
ADT —%
CHEF —%
GTLB —%
OLED —%
CFLT —%
View SEC EDGAR Filings for Greenhouse Funds LLLP →

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