Ararat Capital Management LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Ararat Capital Management LP disclosed 18 US equity positions worth $203.0m in its Q4 2025 13F filing. The largest position was 8QR at 10.4% of the reported book, followed by BY and DRVN. Against the Q3 2025 filing, it opened 3 new positions, added to 9 and reduced 6 among the top 18 holdings.
What did Ararat Capital Management LP own in Q4 2025? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | 8QR CONFLUENT INC | 10.4% | $21.2m | 701,170 | – | new | |
| 2 | BY BYLINE BANCORP INC | Financial Services | 9.4% | $19.0m | 651,196 | -4% | reduced |
| 3 | DRVN DRIVEN BRANDS HLDGS INC | Consumer Cyclical | 9.3% | $18.8m | 1,269,989 | 16% | added |
| 4 | LZ LEGALZOOM COM INC | Industrials | 9.2% | $18.6m | 1,875,255 | 9% | added |
| 5 | PLOW DOUGLAS DYNAMICS INC | Consumer Cyclical | 7.4% | $14.9m | 457,720 | 5% | added |
| 6 | CARG CARGURUS INC | Communication Services | 6.3% | $12.7m | 330,969 | 119% | added |
| 7 | FLYW FLYWIRE CORPORATION | Technology | 6.2% | $12.6m | 892,850 | 15% | added |
| 8 | GLBE GLOBAL E ONLINE LTD | Consumer Cyclical | 6.2% | $12.5m | 318,626 | – | new |
| 9 | EYE NATIONAL VISION HLDGS INC | Consumer Cyclical | 6.1% | $12.5m | 482,263 | 21% | added |
| 10 | GIL GILDAN ACTIVEWEAR INC | Consumer Cyclical | 5.5% | $11.1m | 177,864 | -18% | reduced |
| 11 | RELY REMITLY GLOBAL INC | Technology | 4.8% | $9.7m | 702,186 | – | new |
| 12 | SGI SOMNIGROUP INTERNATIONAL INC | Consumer Cyclical | 4.7% | $9.5m | 106,002 | -21% | reduced |
| 13 | EWCZ EUROPEAN WAX CTR INC | 3.8% | $7.7m | 2,140,700 | -31% | reduced | |
| 14 | NCNO NCINO INC | Technology | 3.1% | $6.4m | 248,900 | -31% | reduced |
| 15 | USFD US FOODS HLDG CORP | Consumer Defensive | 2.5% | $5.2m | 68,440 | 11% | added |
| 16 | GDDY GODADDY INC | Technology | 2.5% | $5.1m | 41,059 | 17% | added |
| 17 | FNKO FUNKO INC | Consumer Cyclical | 1.4% | $2.9m | 849,041 | -7% | reduced |
| 18 | KLC KINDERCARE LEARNING COMPANIE | 1.3% | $2.6m | 601,466 | 9% | added |
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.