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Potrero Capital Research LLC 13F holdings, Q4 2025

Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →

Potrero Capital Research LLC disclosed 34 US equity positions worth $297.0m in its Q4 2025 13F filing. The largest position was TLN at 9.8% of the reported book, followed by TAC and BL. Against the Q3 2025 filing, it opened 11 new positions, added to 4 and reduced 14 among the top 34 holdings.

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What did Potrero Capital Research LLC own in Q4 2025? Top 34 positions

#StockSectorWeightValueSharesΔ sharesvs Q3 2025
1 TLN TALEN ENERGY CORP Utilities 9.8%$29.1m77,500 -17% reduced
2 TAC TRANSALTA CORP Utilities 7.3%$21.8m1,724,544 -32% reduced
3 BL BLACKLINE INC Technology 6.9%$20.5m370,557 – new
4 MSFT MICROSOFT CORP Technology 6.3%$18.7m38,694 0% held
5 STX SEAGATE TECHNOLOGY HLDNGS PL Technology 5.7%$17.0m61,600 -25% reduced
6 DBRG DIGITALBRIDGE GROUP INC Financial Services 5.2%$15.4m1,003,583 -25% reduced
7 YETI YETI HLDGS INC Consumer Cyclical 4.8%$14.2m320,769 -13% reduced
8 BLACKROCK SCIENCE & TECHNOLO 4.1%$12.2m538,710 -0% held
9 AMRZ AMRIZE LTD Basic Materials 4.0%$11.9m219,123 -14% reduced
10 TPB TURNING PT BRANDS INC Consumer Defensive 3.9%$11.6m106,751 -19% reduced
11 BILL BILL HOLDINGS INC Technology 3.7%$10.9m200,000 0% held
12 AMBA AMBARELLA INC Technology 3.5%$10.5m148,537 41% added
13 IE IVANHOE ELECTRIC INC 3.2%$9.4m588,590 -57% reduced
14 GEV GE VERNOVA INC Industrials 3.0%$8.9m13,630 -15% reduced
15 U UNITY SOFTWARE INC Technology 3.0%$8.8m200,000 -40% reduced
16 CWAN CLEARWATER ANALYTICS HLDGS I Technology 2.8%$8.4m350,000 – new
17 RDDT REDDIT INC Communication Services 2.6%$7.7m33,500 0% held
18 WEAV WEAVE COMMUNICATIONS INC Healthcare 2.0%$5.9m776,372 – new
19 CMRC COMMERCE.COM INC Technology 2.0%$5.8m1,415,339 0% held
20 NXDR NEXTDOOR HOLDINGS INC Communication Services 1.8%$5.3m2,546,187 -1% reduced
21 BLND BLEND LABS INC 1.7%$5.0m1,661,123 – new
22 FRSH FRESHWORKS INC Technology 1.6%$4.9m396,579 1% added
23 JAMF JAMF HLDG CORP 1.6%$4.8m372,707 20% added
24 AD ARRAY DIGITAL INFRASTRUCTURE Communication Services 1.6%$4.8m89,312 – new
25 SPT SPROUT SOCIAL INC Technology 1.4%$4.3m380,302 154% added
26 LGN LEGENCE CORP Industrials 1.4%$4.0m93,349 -35% reduced
27 UNF UNIFIRST CORP MASS Industrials 1.3%$3.9m20,000 – new
28 ESTC ELASTIC N V Technology 1.0%$3.0m40,000 – new
29 SXT SENSIENT TECHNOLOGIES CORP Basic Materials 0.9%$2.6m27,408 – new
30 METC RAMACO RES INC Basic Materials 0.7%$2.1m114,176 -67% reduced
31 SOLS SOLSTICE ADVANCED MATLS INC Basic Materials 0.7%$2.0m41,377 – new
32 SSD SIMPSON MFG INC Basic Materials 0.5%$1.5m9,141 -85% reduced
33 META META PLATFORMS INC Communication Services 0.0%$143.9k218 – new
34 BED BATH & BEYOND INC 0.0%$22.8k34,506 – new

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.