Ararat Capital Management LP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Ararat Capital Management LP disclosed 18 US equity positions worth $220.3m in its Q2 2025 13F filing. The largest position was BY at 9.5% of the reported book, followed by DRVN and LZ. Against the Q1 2025 filing, it opened 4 new positions, added to 3 and reduced 11 among the top 18 holdings.
What did Ararat Capital Management LP own in Q2 2025? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | BY BYLINE BANCORP INC | Financial Services | 9.5% | $21.0m | 785,192 | -3% | reduced |
| 2 | DRVN DRIVEN BRANDS HLDGS INC | Consumer Cyclical | 8.7% | $19.1m | 1,087,249 | 50% | added |
| 3 | LZ LEGALZOOM COM INC | Industrials | 8.6% | $19.0m | 2,137,457 | 60% | added |
| 4 | IAS INTEGRAL AD SCIENCE HLDNG CO | 8.1% | $17.9m | 2,156,154 | 36% | added | |
| 5 | GIL GILDAN ACTIVEWEAR INC | Consumer Cyclical | 7.9% | $17.5m | 355,233 | -9% | reduced |
| 6 | PLOW DOUGLAS DYNAMICS INC | Consumer Cyclical | 7.8% | $17.2m | 584,919 | -19% | reduced |
| 7 | CWH CAMPING WORLD HLDGS INC | Consumer Cyclical | 6.3% | $13.9m | 808,063 | -9% | reduced |
| 8 | EWCZ EUROPEAN WAX CTR INC | 6.3% | $13.9m | 2,466,997 | -26% | reduced | |
| 9 | EYE NATIONAL VISION HLDGS INC | Consumer Cyclical | 5.3% | $11.7m | 507,749 | -45% | reduced |
| 10 | KVYO KLAVIYO INC | Technology | 4.3% | $9.5m | 282,838 | – | new |
| 11 | SGI SOMNIGROUP INTERNATIONAL INC | Consumer Cyclical | 4.1% | $9.1m | 133,456 | -30% | reduced |
| 12 | USFD US FOODS HLDG CORP | Consumer Defensive | 4.0% | $8.8m | 114,905 | -15% | reduced |
| 13 | CARG CARGURUS INC | Communication Services | 3.7% | $8.2m | 244,712 | – | new |
| 14 | GDDY GODADDY INC | Technology | 3.5% | $7.7m | 42,654 | -9% | reduced |
| 15 | NCNO NCINO INC | Technology | 3.5% | $7.6m | 272,540 | – | new |
| 16 | FROG JFROG LTD | Technology | 3.3% | $7.3m | 165,403 | -63% | reduced |
| 17 | FNKO FUNKO INC | Consumer Cyclical | 2.6% | $5.8m | 1,218,278 | – | new |
| 18 | PAYC PAYCOM SOFTWARE INC | Technology | 2.3% | $5.1m | 21,989 | -58% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.