Divisadero Street Capital Management, LP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Divisadero Street Capital Management, LP disclosed 165 US equity positions worth $2.2bn in its Q3 2025 13F filing. The largest position was DAVE at 8.6% of the reported book, followed by SGHC and SEZL. Against the Q2 2025 filing, it opened 13 new positions, added to 24 and reduced 11 among the top 50 holdings.
What did Divisadero Street Capital Management, LP own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | DAVE DAVE INC | Technology | 8.6% | $184.5m | 925,266 | 73% | added |
| 2 | SGHC SUPER GROUP SGHC LIMITED | Consumer Cyclical | 6.0% | $129.8m | 9,832,510 | 4496% | added |
| 3 | SEZL SEZZLE INC | Financial Services | 5.5% | $118.9m | 1,494,617 | 65% | added |
| 4 | TPB TURNING PT BRANDS INC | Consumer Defensive | 4.5% | $96.3m | 974,066 | 3% | added |
| 5 | INDIVIOR PLC | 3.8% | $81.1m | 3,362,605 | 2373% | added | |
| 6 | SN SHARKNINJA INC | Consumer Cyclical | 3.7% | $79.9m | 774,408 | 60% | added |
| 7 | CVNA CARVANA CO | Consumer Cyclical | 3.7% | $78.6m | 208,320 | 8% | added |
| 8 | RSI RUSH STREET INTERACTIVE INC | Consumer Cyclical | 2.7% | $57.1m | 2,788,451 | -57% | reduced |
| 9 | FLYW FLYWIRE CORPORATION | Technology | 2.6% | $56.2m | 4,150,737 | -13% | reduced |
| 10 | LRN STRIDE INC | Consumer Defensive | 2.6% | $55.9m | 375,000 | – | new |
| 11 | CLS CELESTICA INC | Technology | 2.2% | $48.3m | 196,211 | 138% | added |
| 12 | CELH CELSIUS HLDGS INC | Consumer Defensive | 2.1% | $44.9m | 780,518 | -48% | reduced |
| 13 | PRCH PORCH GROUP INC | Financial Services | 2.0% | $43.7m | 2,606,883 | 7% | added |
| 14 | ANGO ANGIODYNAMICS INC | Healthcare | 1.9% | $41.1m | 3,678,125 | 8% | added |
| 15 | VITL VITAL FARMS INC | Consumer Defensive | 1.9% | $40.9m | 993,338 | 140% | added |
| 16 | KRUS KURA SUSHI USA INC | 1.6% | $34.6m | 582,156 | – | new | |
| 17 | EAT BRINKER INTL INC | Consumer Cyclical | 1.6% | $34.1m | 268,836 | 559% | added |
| 18 | AGX ARGAN INC | Industrials | 1.6% | $33.9m | 125,534 | – | new |
| 19 | SVV SAVERS VALUE VLG INC | 1.5% | $32.7m | 2,464,291 | 57% | added | |
| 20 | OMDA OMADA HEALTH INC | Healthcare | 1.4% | $30.5m | 1,379,941 | – | new |
| 21 | CALX CALIX INC | Technology | 1.3% | $27.9m | 453,873 | 756% | added |
| 22 | REAL THE REALREAL INC | Consumer Cyclical | 1.3% | $27.6m | 2,599,801 | 652% | added |
| 23 | LITE LUMENTUM HLDGS INC | Technology | 1.2% | $26.6m | 163,303 | 283% | added |
| 24 | HIMS HIMS & HERS HEALTH INC | Healthcare | 1.2% | $26.4m | 465,093 | 0% | held |
| 25 | WLDN WILLDAN GROUP INC | Industrials | 1.1% | $24.5m | 253,121 | -9% | reduced |
| 26 | FIVE FIVE BELOW INC | Consumer Cyclical | 1.1% | $24.0m | 155,000 | – | new |
| 27 | ANIP ANI PHARMACEUTICALS INC | Healthcare | 1.0% | $21.5m | 234,219 | – | new |
| 28 | FSLY FASTLY INC | Technology | 1.0% | $21.2m | 2,476,487 | – | new |
| 29 | IMAX IMAX CORP | Communication Services | 1.0% | $21.0m | 640,461 | – | new |
| 30 | FN FABRINET | Technology | 1.0% | $20.5m | 56,344 | 57% | added |
| 31 | LWAY LIFEWAY FOODS INC | Consumer Defensive | 0.8% | $17.5m | 630,183 | – | new |
| 32 | MMS MAXIMUS INC | Industrials | 0.8% | $16.8m | 183,872 | 94% | added |
| 33 | ZVIA ZEVIA PBC | 0.8% | $16.8m | 6,159,362 | 91% | added | |
| 34 | HZO MARINEMAX INC | 0.8% | $16.6m | 656,154 | – | new | |
| 35 | FOXF FOX FACTORY HLDG CORP | Consumer Cyclical | 0.8% | $16.2m | 665,680 | -19% | reduced |
| 36 | APEI AMERICAN PUB ED INC | Consumer Defensive | 0.7% | $15.1m | 382,772 | – | new |
| 37 | BLND BLEND LABS INC | 0.7% | $15.0m | 4,113,247 | -25% | reduced | |
| 38 | JILL J JILL INC | Consumer Cyclical | 0.7% | $14.9m | 867,244 | -16% | reduced |
| 39 | AS AMER SPORTS INC | Consumer Cyclical | 0.7% | $14.4m | 413,533 | 38% | added |
| 40 | XPEL XPEL INC | 0.6% | $13.8m | 416,890 | 195% | added | |
| 41 | TTMI TTM TECHNOLOGIES INC | Technology | 0.6% | $13.6m | 235,771 | – | new |
| 42 | PL PLANET LABS PBC | Industrials | 0.6% | $13.6m | 1,045,000 | – | new |
| 43 | PAGAYA TECHNOLOGIES LTD | 0.6% | $12.4m | 416,919 | 80% | added | |
| 44 | ARLO ARLO TECHNOLOGIES INC | Industrials | 0.5% | $11.7m | 691,557 | -40% | reduced |
| 45 | EYE NATIONAL VISION HLDGS INC | Consumer Cyclical | 0.5% | $11.7m | 400,550 | -28% | reduced |
| 46 | MOD MODINE MFG CO | Consumer Cyclical | 0.5% | $11.1m | 78,300 | 0% | held |
| 47 | EVLV EVOLV TECHNOLOGIES HLDNGS IN | 0.5% | $10.8m | 1,427,935 | 1076% | added | |
| 48 | GRPN GROUPON INC | Communication Services | 0.5% | $10.4m | 444,965 | -45% | reduced |
| 49 | PRTH PRIORITY TECHNOLOGY HLDGS IN | 0.5% | $10.2m | 1,491,210 | -46% | reduced | |
| 50 | AFRM AFFIRM HLDGS INC | Financial Services | 0.5% | $10.0m | 136,246 | 108% | 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.