# Divisadero Street Capital Management, LP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1901865. Source: https://holderbook.com/funds/1901865-divisadero-street-capital-management-lp/

- Reported value: $4.4B
- Positions: 140
- Weight of the ten largest: 48.0%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| SUPER GROUP SGHC LIMITED | [SGHC](https://holderbook.com/stocks/SGHC/) | $398.0M | 20,114,259 | 9.0% | 5 |
| SEZZLE INC | [SEZL](https://holderbook.com/stocks/SEZL/) | $283.1M | 1,649,531 | 6.4% | 6 |
| CARVANA CO | [CVNA](https://holderbook.com/stocks/CVNA/) | $274.0M | 4,163,614 | 6.2% | 13 |
| DAVE INC | [DAVE](https://holderbook.com/stocks/DAVE/) | $260.6M | 699,366 | 5.9% | 9 |
| HIMS & HERS HEALTH INC | [HIMS](https://holderbook.com/stocks/HIMS/) | $208.3M | 6,009,505 | 4.7% | 11 |
| CELESTICA INC | [CLS](https://holderbook.com/stocks/CLS/) | $168.3M | 461,397 | 3.8% | 6 |
| RUSH STREET INTERACTIVE INC | [RSI](https://holderbook.com/stocks/RSI/) | $161.4M | 5,425,402 | 3.7% | 12 |
| SHARKNINJA INC | [SN](https://holderbook.com/stocks/SN/) | $124.7M | 819,163 | 2.8% | 12 |
| CECO ENVIRONMENTAL CORP | [CECO](https://holderbook.com/stocks/CECO/) | $120.7M | 1,329,817 | 2.7% | 2 |
| COMPASS INC | [COMP](https://holderbook.com/stocks/COMP/) | $117.2M | 9,505,505 | 2.7% | 4 |
| FLYWIRE CORPORATION | [FLYW](https://holderbook.com/stocks/FLYW/) | $116.7M | 6,644,513 | 2.6% | 6 |
| THE REALREAL INC | [REAL](https://holderbook.com/stocks/REAL/) | $108.4M | 9,198,248 | 2.5% | 10 |
| TURNING PT BRANDS INC | [TPB](https://holderbook.com/stocks/TPB/) | $107.3M | 1,265,303 | 2.4% | 6 |
| HINGE HEALTH INC | [HNGE](https://holderbook.com/stocks/HNGE/) | $107.1M | 1,290,623 | 2.4% | 4 |
| WILLDAN GROUP INC | [WLDN](https://holderbook.com/stocks/WLDN/) | $104.8M | 1,324,293 | 2.4% | 8 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $92.8M | 108,188 | 2.1% | 5 |
| VICTORIAS SECRET AND CO | [VSXY](https://holderbook.com/stocks/VSXY/) | $85.6M | 1,025,972 | 1.9% | 7 |
| OMADA HEALTH INC | [OMDA](https://holderbook.com/stocks/OMDA/) | $83.4M | 3,799,695 | 1.9% | 4 |
| REMITLY GLOBAL INC | [RELY](https://holderbook.com/stocks/RELY/) | $83.3M | 3,719,086 | 1.9% | 8 |
| CHIME FINL INC | [CHYM](https://holderbook.com/stocks/CHYM/) | $75.1M | 3,626,050 | 1.7% | 1 |
| VISHAY INTERTECHNOLOGY INC | [VSH](https://holderbook.com/stocks/VSH/) | $72.3M | 1,345,094 | 1.6% | 1 |
| AMERICAN PUB ED INC | [APEI](https://holderbook.com/stocks/APEI/) | $62.8M | 1,169,356 | 1.4% | 4 |
| LIFEWAY FOODS INC | [LWAY](https://holderbook.com/stocks/LWAY/) | $62.7M | 2,101,540 | 1.4% | 4 |
| CELSIUS HLDGS INC | [CELH](https://holderbook.com/stocks/CELH/) | $53.3M | 1,820,624 | 1.2% | 6 |
| AMER SPORTS INC | [AS](https://holderbook.com/stocks/AS/) | $51.4M | 1,520,280 | 1.2% | 5 |
| ELEMENT SOLUTIONS INC | [ESI](https://holderbook.com/stocks/ESI/) | $48.8M | 1,021,276 | 1.1% | 1 |
| GROUPON INC | [GRPN](https://holderbook.com/stocks/GRPN/) | $44.4M | 1,845,838 | 1.0% | 12 |
| CITI TRENDS INC | [CTRN](https://holderbook.com/stocks/CTRN/) | $40.8M | 705,451 | 0.9% | 8 |
| NATIONAL VISION HLDGS INC | [EYE](https://holderbook.com/stocks/EYE/) | $36.1M | 1,899,450 | 0.8% | 6 |
| ENOVA INTL INC | [ENVA](https://holderbook.com/stocks/ENVA/) | $35.2M | 146,238 | 0.8% | 1 |
| FIGS INC | [FIGS](https://holderbook.com/stocks/FIGS/) | $32.6M | 3,191,026 | 0.7% | 5 |
| PORCH GROUP INC | [PRCH](https://holderbook.com/stocks/PRCH/) | $31.7M | 2,105,695 | 0.7% | 1 |
| FASTLY INC | [FSLY](https://holderbook.com/stocks/FSLY/) | $31.1M | 1,694,262 | 0.7% | 2 |
| ETHOS TECHNOLOGIES INC | [LIFE](https://holderbook.com/stocks/LIFE/) | $29.7M | 1,635,921 | 0.7% | 1 |
| WEBULL CORP | [BULL](https://holderbook.com/stocks/BULL/) | $28.8M | 4,414,549 | 0.7% | 3 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $25.1M | 250,000 | 0.6% | 2 |
| THREDUP INC | [TDUP](https://holderbook.com/stocks/TDUP/) | $24.9M | 3,628,206 | 0.6% | 4 |
| INDIVIOR PHARMACEUTICALS INC | [INDV](https://holderbook.com/stocks/INDV/) | $24.7M | 601,863 | 0.6% | 2 |
| VITAL FARMS INC | [VITL](https://holderbook.com/stocks/VITL/) | $23.3M | 2,003,588 | 0.5% | 9 |
| ICHOR HOLDINGS | [ICHR](https://holderbook.com/stocks/ICHR/) | $22.5M | 200,621 | 0.5% | 1 |
| ATRICURE INC | [ATRC](https://holderbook.com/stocks/ATRC/) | $22.4M | 800,931 | 0.5% | 2 |
| KLARNA GROUP PLC | [KLAR](https://holderbook.com/stocks/KLAR/) | $20.9M | 1,032,328 | 0.5% | 1 |
| CAREDX INC | [CDNA](https://holderbook.com/stocks/CDNA/) | $20.0M | 700,938 | 0.5% | 1 |
| HARROW INC | [HROW](https://holderbook.com/stocks/HROW/) | $18.7M | 439,155 | 0.4% | 1 |
| BETA BIONICS INC | [BBNX](https://holderbook.com/stocks/BBNX/) | $17.5M | 1,113,802 | 0.4% | 1 |
| WARBY PARKER INC | [WRBY](https://holderbook.com/stocks/WRBY/) | $17.0M | 561,117 | 0.4% | 2 |
| MARINEMAX INC | [HZO](https://holderbook.com/stocks/HZO/) | $16.7M | 455,971 | 0.4% | 2 |
| XPEL INC | [XPEL](https://holderbook.com/stocks/XPEL/) | $16.3M | 328,665 | 0.4% | 2 |
| REVOLVE GROUP INC | [RVLV](https://holderbook.com/stocks/RVLV/) | $16.2M | 708,216 | 0.4% | 2 |
| SELECT WATER SOLUTIONS INC | [WTTR](https://holderbook.com/stocks/WTTR/) | $16.0M | 802,180 | 0.4% | 2 |
| BJS RESTAURANTS INC | [BJRI](https://holderbook.com/stocks/BJRI/) | $15.9M | 262,421 | 0.4% | 1 |
| UNITED STS OIL FD LP | [USO](https://holderbook.com/stocks/USO/) | $15.2M | 142,500 | 0.3% | 1 |
| FIRSTCASH HOLDINGS INC | [FCFS](https://holderbook.com/stocks/FCFS/) | $12.9M | 59,500 | 0.3% | 1 |
| MEDIAALPHA INC | [MAX](https://holderbook.com/stocks/MAX/) | $12.8M | 1,019,988 | 0.3% | 5 |
| ONTO INNOVATION INC | [ONTO](https://holderbook.com/stocks/ONTO/) | $12.1M | 31,891 | 0.3% | 2 |
| CLEAR SECURE INC | [YOU](https://holderbook.com/stocks/YOU/) | $11.1M | 200,000 | 0.3% | 1 |
| CROCS INC | [CROX](https://holderbook.com/stocks/CROX/) | $11.0M | 91,371 | 0.2% | 1 |
| KULICKE & SOFFA INDS INC | [KLIC](https://holderbook.com/stocks/KLIC/) | $10.4M | 78,000 | 0.2% | 1 |
| DRAFTKINGS INC NEW | [DKNG](https://holderbook.com/stocks/DKNG/) | $10.1M | 400,824 | 0.2% | 12 |
| CALLAWAY GOLF CO | [CALY](https://holderbook.com/stocks/CALY/) | $9.7M | 515,778 | 0.2% | 1 |
| ESTABLISHMENT LABS HLDGS INC | [ESTA](https://holderbook.com/stocks/ESTA/) | $9.2M | 106,675 | 0.2% | 1 |
| COMPASS DIVERSIFIED | [CODI](https://holderbook.com/stocks/CODI/) | $8.8M | 827,298 | 0.2% | 2 |
| JOHNSON OUTDOORS INC | [JOUT](https://holderbook.com/stocks/JOUT/) | $8.8M | 190,057 | 0.2% | 4 |
| AFFIRM HLDGS INC | [AFRM](https://holderbook.com/stocks/AFRM/) | $8.7M | 106,735 | 0.2% | 2 |
| AXOGEN INC | [AXGN](https://holderbook.com/stocks/AXGN/) | $7.9M | 170,416 | 0.2% | 11 |
| PENGUIN SOLUTIONS INC | [PENG](https://holderbook.com/stocks/PENG/) | $7.6M | 100,000 | 0.2% | 1 |
| ACV AUCTIONS INC | [ACVA](https://holderbook.com/stocks/ACVA/) | $7.2M | 1,007,453 | 0.2% | 2 |
| HAEMONETICS CORP MASS | [HAE](https://holderbook.com/stocks/HAE/) | $7.2M | 96,459 | 0.2% | 1 |
| EL POLLO LOCO HLDGS INC | [LOCO](https://holderbook.com/stocks/LOCO/) | $7.0M | 409,925 | 0.2% | 10 |
| DESIGNER BRANDS INC | [DBI](https://holderbook.com/stocks/DBI/) | $6.9M | 1,184,045 | 0.2% | 1 |
| FTAI AVIATION LTD | [FTAI](https://holderbook.com/stocks/FTAI/) | $6.8M | 25,000 | 0.2% | 1 |
| FLEX LTD | [FLEX](https://holderbook.com/stocks/FLEX/) | $6.5M | 40,000 | 0.1% | 1 |
| SEMTECH CORP | [SMTC](https://holderbook.com/stocks/SMTC/) | $6.5M | 40,000 | 0.1% | 1 |
| BUILD-A-BEAR WORKSHOP INC | [BBW](https://holderbook.com/stocks/BBW/) | $6.4M | 210,019 | 0.1% | 8 |
| BLUELINX HLDGS INC | [BXC](https://holderbook.com/stocks/BXC/) | $6.4M | 103,141 | 0.1% | 19 |
| DELCATH SYS INC | [DCTH](https://holderbook.com/stocks/DCTH/) | $6.3M | 499,796 | 0.1% | 4 |
| OSI SYSTEMS INC | [OSIS](https://holderbook.com/stocks/OSIS/) | $6.1M | 27,859 | 0.1% | 1 |
| PROCORE TECHNOLOGIES INC | [PCOR](https://holderbook.com/stocks/PCOR/) | $6.1M | 149,800 | 0.1% | 1 |
| CONSTRUCTION PARTNERS INC | [ROAD](https://holderbook.com/stocks/ROAD/) | $6.0M | 50,728 | 0.1% | 1 |
| BANDWIDTH INC | [BAND](https://holderbook.com/stocks/BAND/) | $5.4M | 86,065 | 0.1% | 1 |
| EVERQUOTE INC | [EVER](https://holderbook.com/stocks/EVER/) | $5.2M | 219,248 | 0.1% | 1 |
| CLEARFIELD INC | [CLFD](https://holderbook.com/stocks/CLFD/) | $5.2M | 130,783 | 0.1% | 1 |
| PAR TECHNOLOGY CORP | [PAR](https://holderbook.com/stocks/PAR/) | $4.7M | 267,965 | 0.1% | 1 |
| FRANKLIN COVEY CO | [FC](https://holderbook.com/stocks/FC/) | $4.6M | 185,547 | 0.1% | 1 |
| TOWER SEMICONDUCTOR LTD | [TSEM](https://holderbook.com/stocks/TSEM/) | $4.4M | 17,000 | 0.1% | 2 |
| STUBHUB HLDGS INC | [STUB](https://holderbook.com/stocks/STUB/) | $4.2M | 329,602 | 0.1% | 2 |
| PROCEPT BIOROBOTICS CORP | [PRCT](https://holderbook.com/stocks/PRCT/) | $4.1M | 180,260 | 0.1% | 2 |
| LATTICE SEMICONDUCTOR CORP | [LSCC](https://holderbook.com/stocks/LSCC/) | $3.9M | 25,317 | 0.1% | 1 |
| 1 800 FLOWERS COM INC | [FLWS](https://holderbook.com/stocks/FLWS/) | $3.6M | 1,033,166 | 0.1% | 4 |
| ARLO TECHNOLOGIES INC | [ARLO](https://holderbook.com/stocks/ARLO/) | $3.4M | 252,336 | 0.1% | 7 |
| VIA TRANSN INC | [VIA](https://holderbook.com/stocks/VIA/) | $3.1M | 172,755 | 0.1% | 1 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $3.0M | 16,452 | 0.1% | 5 |
| TACTILE SYS TECHNOLOGY INC | [TCMD](https://holderbook.com/stocks/TCMD/) | $3.0M | 99,622 | 0.1% | 2 |
| EZCORP INC | [EZPW](https://holderbook.com/stocks/EZPW/) | $2.9M | 82,602 | 0.1% | 8 |
| SWEETGREEN INC | [SG](https://holderbook.com/stocks/SG/) | $2.5M | 288,601 | 0.1% | 4 |
| ALPHATEC HLDGS INC | [ATEC](https://holderbook.com/stocks/ATEC/) | $2.5M | 283,953 | 0.1% | 1 |
| UPSTART HLDGS INC | [UPST](https://holderbook.com/stocks/UPST/) | $2.4M | 67,461 | 0.1% | 3 |
| PROG HOLDINGS INC | [PRG](https://holderbook.com/stocks/PRG/) | $2.3M | 50,000 | 0.1% | 1 |
| BOBS DISC FURNITURE INC | [BOBS](https://holderbook.com/stocks/BOBS/) | $2.3M | 144,391 | 0.1% | 1 |
| TTM TECHNOLOGIES INC | [TTMI](https://holderbook.com/stocks/TTMI/) | $2.2M | 12,000 | 0.1% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +36.5% | +14.8% | +21.6% | 100% |
| Q1 2026 | -9.2% | -4.6% | -4.6% | 77% |
| Q4 2025 | +1.1% | +2.4% | -1.2% | 94% |
| Q3 2025 | +1.3% | +7.8% | -6.5% | 95% |
| Q2 2025 | +62.0% | +10.5% | +51.5% | 88% |
| Q1 2025 | -9.3% | -4.6% | -4.7% | 93% |
| Q4 2024 | +12.0% | +2.1% | +9.9% | 94% |
| Q3 2024 | +0.7% | +5.4% | -4.7% | 93% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $4.4B | 140 |
| Q1 2026 | $2.4B | 118 |
| Q4 2025 | $2.1B | 88 |
| Q3 2025 | $2.3B | 165 |
| Q2 2025 | $1.6B | 131 |
| Q1 2025 | $993.6M | 90 |
| Q4 2024 | $856.0M | 81 |
| Q3 2024 | $824.3M | 70 |
| Q2 2024 | $659.5M | 59 |
| Q1 2024 | $427.2M | 56 |
| Q4 2023 | $442.6M | 59 |
| Q3 2023 | $317.3M | 49 |