Toronado Partners, LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Toronado Partners, LLC disclosed 11 US equity positions worth $104.7m in its Q4 2025 13F filing. The largest position was TWLO at 14.2% of the reported book, followed by PI and ESTC. Against the Q3 2025 filing, it opened 1 new position, added to 2 and reduced 8 among the top 11 holdings.
What did Toronado Partners, LLC own in Q4 2025? Top 11 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | TWLO TWILIO INC | Technology | 14.2% | $14.9m | 104,663 | -41% | reduced |
| 2 | PI IMPINJ INC | Technology | 11.4% | $12.0m | 68,775 | -32% | reduced |
| 3 | ESTC ELASTIC N V | Technology | 10.2% | $10.7m | 141,548 | 9% | added |
| 4 | SITM SITIME CORP | Technology | 10.2% | $10.6m | 30,102 | -26% | reduced |
| 5 | HLIT HARMONIC INC | Technology | 9.5% | $10.0m | 1,008,690 | -16% | reduced |
| 6 | AMPL AMPLITUDE INC | Technology | 8.6% | $9.0m | 775,573 | -20% | reduced |
| 7 | TRIP TRIPADVISOR INC | Consumer Cyclical | 8.0% | $8.4m | 576,715 | -32% | reduced |
| 8 | FN FABRINET | Technology | 7.7% | $8.0m | 17,667 | -47% | reduced |
| 9 | EVER EVERQUOTE INC | Communication Services | 7.5% | $7.8m | 290,549 | -51% | reduced |
| 10 | STUB STUBHUB HLDGS INC | Communication Services | 7.2% | $7.5m | 555,710 | 28% | added |
| 11 | WIX WIX COM LTD | Technology | 5.5% | $5.7m | 55,300 | – | 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.