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Asset Manager ← All Institutions

Divisadero Street Capital Management, LP

Q4 2025 · Filed 2026-02-17
Market Value
$1.5B
-20.5%
Holdings
173
+2
New Purchases
12
Added To
27
Closed
92
Reduced
21
Top 10 Concentration
54.0%
Turnover
60.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BBW 5.19% 0.12% +5.07% $77M
APEI 4.28% 0.81% +3.46% $63M
FIGS 3.39% 0.01% +3.38% $50M
CELH 5.02% 2.41% +2.60% $74M
FLYW 5.55% 3.02% +2.52% $82M
SGHC 9.50% 6.98% +2.51% $140M
NSSC 2.29% 0.26% +2.03% $34M
CVNA 6.23% 4.23% +2.00% $92M
REAL 3.36% 1.49% +1.88% $50M
VSCO 1.81% 0.13% +1.68% $27M
SN 5.83% 4.30% +1.53% $86M
LITE 2.95% 1.43% +1.52% $44M
IMAX 2.41% 1.13% +1.29% $36M
LWAY 2.21% 0.94% +1.27% $33M
UPST 1.10% 0.00% +1.10% $16M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
LRN 0.00% 3.01% -3.01% $0
PRCH 0.00% 2.35% -2.35% $0
ANGO 0.00% 2.21% -2.21% $0
KRUS 0.00% 1.86% -1.86% $0
EAT 0.00% 1.83% -1.83% $0
AGX 0.00% 1.82% -1.82% $0
SVV 0.00% 1.76% -1.76% $0
SEZL 4.83% 6.40% -1.57% $71M
CALX 0.00% 1.50% -1.50% $0
FIVE 0.00% 1.29% -1.29% $0
TPB 3.90% 5.18% -1.28% $58M
ANIP 0.00% 1.15% -1.15% $0
OMDA 0.50% 1.64% -1.14% $7M
FSLY 0.00% 1.14% -1.14% $0
FN 0.00% 1.11% -1.11% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 1 $5M 0.3%
Large Cap 18 $314M 21.3%
Mid Cap 47 $590M 40.0%
Small Cap 81 $548M 37.1%
Micro Cap 26 $20M 1.4%

Portfolio Analytics

Avg Market Cap
$6.8B
Median Market Cap
$1.3B
Avg P/E
48.6
Median P/E
29.4
Avg Dividend Yield
0.00%
Avg Beta
1.46
# Stocks
173
# ETFs / Funds
0

Top Holdings (173 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SGHC 9.50% 11,741,629 $140M $11.95 $11M +1,909,119 +19.4%
2 CVNA 6.23% 218,189 $92M $422.02 $13M +9,869 +4.7%
3 SN 5.83% 769,163 $86M $111.90 $6M -5,245 -0.7%
4 FLYW 5.55% 5,786,462 $82M $14.16 $26M +1,635,725 +39.4%
5 BBW 5.19% 1,251,224 $77M $61.27 $74M +1,216,722 +3526.5%
6 CELH 5.02% 1,620,212 $74M $45.74 $29M +839,694 +107.6%
7 SEZL 4.83% 1,123,226 $71M $63.47 -$48M -371,391 -24.9%
8 APEI 4.28% 1,671,558 $63M $37.80 $48M +1,288,786 +336.7%
9 TPB 3.90% 531,214 $58M $108.40 -$39M -442,852 -45.5%
10 RSI 3.68% 2,801,204 $54M $19.43 -$3M +12,753 +0.5%
11 CLS 3.50% 175,012 $52M $295.61 $3M -21,199 -10.8%
12 FIGS 3.39% 4,410,632 $50M $11.36 $50M +4,376,093 +12670.0%
13 REAL 3.36% 3,150,443 $50M $15.78 $22M +550,642 +21.2%
14 LITE 2.95% 118,185 $44M $368.59 $17M -45,118 -27.6%
15 IMAX 2.41% 964,986 $36M $36.96 $15M +324,525 +50.7%
16 NSSC 2.29% 809,729 $34M $41.70 $29M +698,163 +625.8%
17 LWAY 2.21% 1,347,635 $33M $24.23 $15M +717,452 +113.8%
18 WLDN 2.10% 298,932 $31M $103.66 $7M +45,811 +18.1%
19 VSCO 1.81% 493,413 $27M $54.17 $24M +407,503 +474.3%
20 BLND 1.17% 5,701,122 $17M $3.04 $2M +1,587,875 +38.6%
21 DKNG 1.17% 502,162 $17M $34.46 $14M +404,679 +415.1%
22 VITL 1.16% 534,780 $17M $31.94 -$24M -458,558 -46.2%
23 AXGN 1.12% 503,822 $16M $32.73 $16M +477,550 +1817.7%
24 UPST 1.10% 370,000 $16M $43.73 +370,000 NEW
25 HIMS 1.03% 469,833 $15M $32.47 -$11M +4,740 +1.0%
26 COMP 0.89% 1,250,000 $13M $10.57 $7M +500,000 +66.7%
27 ENVA 0.88% 82,490 $13M $157.20 +82,490 NEW
28 ROST 0.83% 68,204 $12M $180.14 +68,204 NEW
29 TTMI 0.77% 164,595 $11M $69.00 -$2M -71,176 -30.2%
30 MAX 0.74% 849,011 $11M $12.95 $10M +762,104 +876.9%
31 PHAT 0.74% 662,312 $11M $16.59 +662,312 NEW
32 PGNY 0.63% 363,624 $9M $25.68 +363,624 NEW
33 EYE 0.61% 351,845 $9M $25.82 -$3M -48,705 -12.2%
34 JOUT 0.60% 209,457 $9M $42.45 $1M +19,400 +10.2%
35 CTRN 0.57% 203,107 $8M $41.56 $8M +190,831 +1554.5%
36 VCEL 0.55% 225,000 $8M $36.01 +225,000 NEW
37 GRPN 0.53% 444,965 $8M $17.61 -$3M
38 ZVIA 0.50% 3,213,961 $7M $2.32 -$9M -2,945,401 -47.8%
39 OMDA 0.50% 469,597 $7M $15.78 -$23M -910,344 -66.0%
40 LOCO 0.49% 692,665 $7M $10.46 -$880K -144,985 -17.3%
41 TDUP 0.43% 993,949 $6M $6.39 -$3M -300 -0.0%
42 BXC 0.43% 103,141 $6M $61.43 -$1M
43 ADPT 0.40% 361,344 $6M $16.24 +361,344 NEW
44 PRTH 0.39% 1,057,894 $6M $5.45 -$4M -433,316 -29.1%
45 DCTH 0.34% 499,796 $5M $10.10 -$71K +23,636 +5.0%
46 PM 0.31% 28,244 $5M $160.40 -$51K
47 ARLO 0.30% 320,287 $4M $13.99 -$7M -371,270 -53.7%
48 CBLL 0.28% 188,506 $4M $21.93 +188,506 NEW
49 ZUMZ 0.22% 124,549 $3M $26.05 +124,549 NEW
50 WING 0.21% 12,857 $3M $238.49 +12,857 NEW
51 REVG 0.21% 50,000 $3M $60.81 -$5M -100,337 -66.7%
52 EZPW 0.18% 138,505 $3M $19.42 $53K
53 SG 0.12% 255,244 $2M $6.76 -$311K
54 FOXF 0.12% 100,000 $2M $17.11 -$14M -565,680 -85.0%
55 GAMB 0.11% 305,694 $2M $5.46 -$831K
56 BRBR 0.10% 55,780 $1M $26.73 -$537K
57 JILL 0.10% 108,105 $1M $13.72 -$13M -759,139 -87.5%
58 BVS 0.09% 183,131 $1M $7.44 -$3M -512,386 -73.7%
59 PACK 0.09% 250,001 $1M $5.41 -$53K
60 SNBR 0.09% 156,098 $1M $8.46 $750K +74,758 +91.9%
61 BBNX 0.08% 39,606 $1M $30.47 +39,606 NEW
62 SRTS 0.08% 298,879 $1M $3.98 -$233K -154,018 -34.0%
63 NEO 0.08% 100,000 $1M $11.76 $1M +84,504 +545.3%
64 ONEW 0.08% 108,000 $1M $10.82 -$542K
65 HNGE 0.08% 24,639 $1M $46.45 -$2M -36,015 -59.4%
66 MED 0.06% 79,839 $853K $10.68 -$239K
67 RELY 0.06% 61,463 $848K $13.80 -$154K
68 ARHS 0.05% 67,413 $756K $11.21 -$800K -78,981 -54.0%
69 NTGR 0.05% 28,700 $704K $24.53 +28,700 NEW
70 FLWS 0.05% 172,395 $678K $3.93 $37K +33,209 +23.9%
71 INGN 0.04% 88,136 $592K $6.72 -$128K
72 LOVE 0.04% 38,115 $562K $14.75 -$83K
73 LFMD 0.03% 135,826 $463K $3.41 -$459K
74 LFVN 0.03% 64,345 $396K $6.16 -$118K +11,445 +21.6%
75 RCEL 0.02% 100,000 $345K $3.45 -$166K
76 TKNO 0.02% 78,872 $300K $3.80 -$189K
77 ZIP 0.01% 49,510 $193K $3.90 -$16K
78 DXLG 0.01% 197,937 $182K $0.92 -$77K
79 DDD 0.01% 90,531 $160K $1.77 -$102K
80 PRPL 0.01% 138,605 $96K $0.69 -$34K
81 GOGO —% 12,272 $57K $4.66 -$48K
82 CZR —% -$5M -175,000 -100.0% SOLD
83 HAIN —% -$610K -386,182 -100.0% SOLD
84 BOOT —% -$636K -3,840 -100.0% SOLD
85 FIVE —% -$24M -155,000 -100.0% SOLD
86 RH —% -$1M -7,220 -100.0% SOLD
87 CPRI —% -$2M -100,000 -100.0% SOLD
88 CARG —% -$4M -112,113 -100.0% SOLD
89 HZO —% -$17M -656,154 -100.0% SOLD
90 INMD —% -$1M -96,754 -100.0% SOLD
91 FIVN —% -$8M -316,216 -100.0% SOLD
92 BKSY —% -$7M -365,910 -100.0% SOLD
93 SHAK —% -$5M -56,985 -100.0% SOLD
94 DBI —% -$821K -231,902 -100.0% SOLD
95 DLTR —% -$203K -2,148 -100.0% SOLD
96 INOD —% -$530K -6,875 -100.0% SOLD
97 EOLS —% -$2M -388,231 -100.0% SOLD
98 DNUT —% -$4M -1,089,341 -100.0% SOLD
99 XPOF —% -$3M -368,801 -100.0% SOLD
100 RVLV —% -$5M -239,901 -100.0% SOLD

New Positions

SymbolValue% Port
UPST $16M 1.10%
ENVA $13M 0.88%
ROST $12M 0.83%
PHAT $11M 0.74%
PGNY $9M 0.63%
VCEL $8M 0.55%
ADPT $6M 0.40%
CBLL $4M 0.28%
ZUMZ $3M 0.22%
WING $3M 0.21%
BBNX $1M 0.08%
NTGR $704K 0.05%

Sold Out Positions

SymbolValue% Port
RH —%
BKSY —%
BOOT —%
CPRI —%
HZO —%
RVLV —%
W —%
CAVA —%
MMS —%
AGX —%
ANF —%
EAT —%
DG —%
RKT —%
COUR —%
View SEC EDGAR Filings for Divisadero Street Capital Management, LP →

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