Latest Harspring Capital Management, LLC Stock Portfolio

Harspring Capital Management, LLC Performance:

2025 Q4: 1.09%YTD: -7.31%2024: 15.79%

Performance for 2025 Q4 is 1.09%, and YTD is -7.31%, and 2024 is 15.79%.

About Harspring Capital Management, LLC and 13F Hedge Fund Stock Holdings

Harspring Capital Management, LLC is a hedge fund based in New York, NY. On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Harspring Capital Management, LLC reported an equity portfolio of $269.6 Millions as of 31 Dec, 2025.

The top stock holdings of Harspring Capital Management, LLC are ENVA, DAR, CCOI. The fund has invested 13.2% of it's portfolio in ENOVA INTERNATIONAL, INC. and 12.2% of portfolio in DARLING INGREDIENTS INC.

The fund managers got completely rid off THRYV HLDGS INC (THRY) stocks. They significantly reduced their stock positions in IAC INC. (IAC) and NEWS CORPORATION (NWS). The fund showed a lot of confidence in some stocks as they added substantially to COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) and 1STDIBS.COM, INC. (DIBS).

Harspring Capital Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Harspring Capital Management, LLC made a return of 1.09% in the last quarter. In trailing 12 months, it's portfolio return was -7.31%.

Performance
S&P 500

New Buys

No new stocks were added by Harspring Capital Management, LLC

Additions

Ticker	% Inc.
cogent communications holdings, inc.	60.29
1stdibs.com, inc.	8.2

Additions to existing portfolio by Harspring Capital Management, LLC

Reductions

Ticker	% Reduced
iac inc.	-35.71
news corporation	-3.22

Harspring Capital Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
thryv hldgs inc	-3,618,000

Harspring Capital Management, LLC got rid off the above stocks

Sector Distribution

Harspring Capital Management, LLC has about 40.4% of it's holdings in Communication Services sector.

Sector	%
Communication Services	40.4
Consumer Defensive	19.5
Financial Services	19.2
Consumer Cyclical	13.2
Others	4.5
Industrials	3.2

Market Cap. Distribution

Harspring Capital Management, LLC has about 38.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	37.2
MEGA-CAP	29.4
SMALL-CAP	18.4
LARGE-CAP	9
UNALLOCATED	4.5
MICRO-CAP	1.5

Stocks belong to which Index?

About 78.5% of the stocks held by Harspring Capital Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	43.3
S&P 500	35.2
Others	21.5

Top 5 Winners (%)		%
DIBS	1stdibs.com, inc.	120.3 %
ENVA	enova international, inc.	36.6 %
GOOG	alphabet inc.	28.8 %
LC	lendingclub corporation	24.7 %
DAR	darling ingredients inc.	16.6 %

Top 5 Winners ($)		$
ENVA	enova international, inc.	9.5 M
GOOG	alphabet inc.	4.8 M
DAR	darling ingredients inc.	4.7 M
LC	lendingclub corporation	3.2 M
DIBS	1stdibs.com, inc.	2.2 M

Top 5 Losers (%)		%
CCOI	cogent communications holdings, inc.	-38.7 %
LGIH	lgi homes, inc.	-16.9 %
NWS	news corporation	-14.7 %
META	meta platforms, inc.	-10.1 %
UHAL	u-haul holding company	-8.2 %

Top 5 Losers ($)		$
CCOI	cogent communications holdings, inc.	-19.1 M
META	meta platforms, inc.	-3.3 M
NWS	news corporation	-2.8 M
UHAL	u-haul holding company	-0.8 M
LGIH	lgi homes, inc.	-0.6 M

Harspring Capital Management, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Harspring Capital Management, LLC

Harspring Capital Management, LLC has 14 stocks in it's portfolio. About 89.7% of the portfolio is in top 10 stocks. CCOI proved to be the most loss making stock for the portfolio. ENVA was the most profitable stock for Harspring Capital Management, LLC last quarter.

Last Reported on: 13 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AMZN	amazon.com, inc.	10.63	124,200	28,667,800	unchanged	0.00

CCOI	cogent communications holdings, inc.	11.21	1,402,500	30,237,900	added	60.29

DAR	darling ingredients inc.	12.22	915,000	32,940,000	unchanged	0.00

DIBS	1stdibs.com, inc.	1.47	660,000	3,953,400	added	8.2

ENVA	enova international, inc.	13.15	225,500	35,448,600	unchanged	0.00

GOOG	alphabet inc.	7.87	67,650	21,228,600	unchanged	0.00

IAC	iac inc.	4.57	315,000	12,316,500	reduced	-35.71

LC	lendingclub corporation	6.04	860,000	16,288,400	unchanged	0.00

LGIH	lgi homes, inc.	1.11	69,500	2,985,720	unchanged	0.00

META	meta platforms, inc.	10.89	44,500	29,374,000	unchanged	0.00

NWS	news corporation	5.83	601,500	15,711,200	reduced	-3.22

RUSHA	rush enterprises, inc.	4.50	225,000	12,136,500	unchanged	0.00

THRY	thryv hldgs inc	0.00	0.00	0.00	sold off	-100

TPB	turning point brands, inc.	7.30	181,500	19,674,600	unchanged	0.00

UHAL	u-haul holding company	3.21	185,000	8,646,900	unchanged	0.00