WhaleCreep

Greenhaven Road Investment Management, L.P. 13F holdings, Q1 2025

Hedge fundSEC filingsCompare with another fundHoldings as of 2025-03-31, filed 2025-05-05

Greenhaven Road Investment Management, L.P. disclosed 17 US equity positions worth $243.2m in its Q1 2025 13F filing. Its largest position is PAR at 25.4% of the reported book, followed by CLBT and KKR. Versus Q4 2024 it opened 2 new positions, added to 7, reduced 4 and exited 1.

$243m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
17
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
25.4%
Largest position
The largest single position as a share of the reported equity book.
95.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
8
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
27
Quarters on file since Q4 2019
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q4 2024: 2 new, 7 added, 4 reduced, 1 exited

17 rows
PAR PAR TECHNOLOGY CORPTechnology25.4%$61.8m1.01m+15%added
CLBT CELLEBRITE DI LTDTechnology12.6%$30.5m1.57m−20%reduced
KKR KKR & CO INCFinancial Services11.6%$28.3m244,700−8.2%reduced
LFCR LIFECORE BIOMEDICAL INCHealthcare10.5%$25.5m3.62m0.0%held
BUR BURFORD CAPITAL LIMITEDFinancial Services8.7%$21.2m1.61m0.0%held
LPX LOUISIANA PAC CORPIndustrials7.4%$17.9m194,917+29%added
SOC SABLE OFFSHORE CORPEnergy6.3%$15.2m600,889−3.6%reduced
HGTY HAGERTY INCFinancial Services5.1%$12.3m1.36m+10%added
BNED BARNES & NOBLE ED INC–4.6%$11.2m1.07m+106%added
ALTG ALTA EQUIPMENT GROUP INCIndustrials3.5%$8.4m1.79m−0.1%held
KWY KINGSWAY CORP–2.5%$6.0m755,645+48%added
APPS DIGITAL TURBINE INCTechnology1.1%$2.8m1.03m–new
ALLT ALLOT LTDTechnology0.4%$961k168,298+68%added
NN NEXTNAV INCTechnology0.3%$730k60,000–new
MTRX MATRIX SVC CO–0.07%$162k13,969+0.3%held
RSSS RESEARCH SOLUTIONS INC–0.04%$103k37,743−6.2%reduced
QRHC QUEST RESOURCE HLDG CORP–0.01%$27.1k11,482+3.9%added

Exited since Q4 2024

1 row
MKTW MARKETWISE INC0.2%$391k

Sector mix

  • Technology39.8%
  • Financial Services25.4%
  • Industrials10.8%
  • Healthcare10.5%
  • Unclassified7.2%
  • Energy6.3%

Book over time

Every quarter on file (27)
QuarterPositionsEquity book
Q2 202617$154m
Q1 202617$145m
Q4 202515$231m
Q3 202515$242m
Q2 202518$285m
Q1 202517$243m
Q4 202416$259m
Q3 202415$235m
Q2 202418$216m
Q1 202419$236m
Q4 202321$238m
Q3 202327$2.0bn
Q2 202334$2.0bn
Q1 202337$1.7bn
Q4 202233$155m
Q3 202242$166m
Q2 202250$195m
Q1 202256$306m
Q4 202147$444m
Q3 202148$506m
Q2 202137$488m
Q1 202124$448m
Q4 202026$392m
Q3 202022$259m
Q2 202023$151m
Q1 202015$79.8m
Q4 201916$114m

Where Greenhaven Road Investment Management, L.P. was early

12 rows
ROKU ROKU INCQ1 202013 of 2057.7%8.5%7Exited by Q4 2021+258%
RICK RCI HOSPITALITY HLDGS INCQ2 20202 of 533.2%8.2%8Exited by Q2 2022+343%
BXC BLUELINX HLDGS INCQ2 20206 of 802.4%2.5%3Exited by Q1 2021+241%
AEYE AUDIOEYE INCQ3 20201 of 404.6%5.6%13Exited by Q4 2023−66%
VMEO* VIMEO INCQ2 20218 of 1162.0%2.0%2Exited by Q4 2021−40%
PPLI IAC INTERACTIVECORP NEWQ2 202112 of 1564.0%4.4%3Exited by Q1 2022−15%
MKTW MARKETWISE INCQ3 20211 of 284.1%6.0%14Exited by Q1 2025−93%
CLBT CELLEBRITE DI LTDQ4 20214 of 852.1%16.8%19Held at last filing, Q2 2026+82%
HGTY HAGERTY INCQ2 20221 of 323.8%17.2%17Held at last filing, Q2 2026+3.7%
NXDR NEXTDOOR HOLDINGS CL AQ2 20225 of 821.1%1.1%4Exited by Q2 2023−35%
BUR BURFORD CAP LTDQ1 20237 of 996.8%11.1%14Held at last filing, Q2 2026−63%
SOC SABLE OFFSHORE CORPQ3 20244 of 1015.0%6.3%5Exited by Q4 2025−26%

Concentration and tenure

20.4%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
92.8%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
3
Median completed holding, quarters