Latest Ararat Capital Management, LP Stock Portfolio

$177Million | No. of Holdings #15

Ararat Capital Management, LP Performance

2026 Q1-3.53%

YTD-3.53%

2025+5.30%

About Ararat Capital Management, LP and 13F Hedge Fund Stock Holdings

On 2026-05-15, the fund reported it's updated stock portfolio. In the 13F Holdings report, Ararat Capital Management LP reported an equity portfolio of $177.6 Millions as of 31 Mar, 2026. <br><br> The top stock holdings of Ararat Capital Management LP are BY, EWCZ, FLYW. The fund has invested 11.1% of it's portfolio in BYLINE BANCORP INC and 10.1% of portfolio in EUROPEAN WAX CTR INC . <br><br> The fund managers got completely rid off CONFLUENT INC (CFLT), SOMNIGROUP INTERNATIONAL INC (TPX) and NCINO INC (NCNO) stocks. They significantly reduced their stock positions in DRIVEN BRANDS HLDGS INC, DOUGLAS DYNAMICS INC (PLOW) and GODADDY INC (GDDY). Ararat Capital Management LP opened new stock positions in INTEGER HLDGS CORP (ITGR). The fund showed a lot of confidence in some stocks as they added substantially to FUNKO INC (FNKO), FLYWIRE CORPORATION (FLYW) and EUROPEAN WAX CTR INC (EWCZ).

Ararat Capital Management, LP Equity Portfolio Value

Last Reported on: 15 May, 2026

$177Million

as of May 15, 2026

Ararat Capital Management, LP Annual Return Estimates Vs S&P 500

Our best estimate is that Ararat Capital Management LP made a return of -3.53% in the last quarter. In trailing 12 months, it's portfolio return was 7.68%.

Performance
S&P 500

New Buys

Ticker	$ Bought
integer hldgs corp	5,409,180

New stocks bought by Ararat Capital Management, LP

Additions

Ticker	% Inc.
funko inc	196
flywire corporation	61.82
european wax ctr inc	44.91
us foods hldg corp	44.68
remitly global inc	44.55
gildan activewear inc	38.35
global e online ltd	32.05
national vision hldgs inc	17.6

Additions to existing portfolio by Ararat Capital Management, LP

Reductions

Ticker	% Reduced
driven brands hldgs inc	-92.79
douglas dynamics inc	-29.7
godaddy inc	-4.68
byline bancorp inc	-4.21

Ararat Capital Management, LP reduced stake in above stock

Sold off

Ticker	$ Sold
confluent inc	-21,203,400
kindercare learning companie	-2,598,330
ncino inc	-6,381,800
somnigroup international inc	-9,463,860

Ararat Capital Management, LP got rid off the above stocks

Sector Distribution

Ararat Capital Management LP has about 27.7% of it's holdings in Consumer Cyclical sector.

Consumer Cyclical
Technology
Others
Consumer Defensive
Financial Services
Industrials
Healthcare

Sector	%
Consumer Cyclical	27.7
Technology	20.2
Others	15.7
Consumer Defensive	15.2
Financial Services	11.1
Industrials	7
Healthcare	3

Market Cap. Distribution

Ararat Capital Management LP has about 7% of it's portfolio invested in the large-cap and mega-cap stocks.

SMALL-CAP
MID-CAP
UNALLOCATED
LARGE-CAP
MICRO-CAP

Category	%
SMALL-CAP	45.3
MID-CAP	27.6
UNALLOCATED	15.7
LARGE-CAP	7
MICRO-CAP	4.5

Stocks belong to which Index?

About 77.4% of the stocks held by Ararat Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.

RUSSELL 2000
Others

Index	%
RUSSELL 2000	77.4
Others	22.6

Top 5 Winners (%)		%
EWCZ	european wax ctr inc	46.8 %
PLOW	douglas dynamics inc	24.6 %
USFD	us foods hldg corp	18.3 %
RELY	remitly global inc	11.2 %
BY	byline bancorp inc	8.1 %

Top 5 Winners ($)		$
EWCZ	european wax ctr inc	5.7 M
PLOW	douglas dynamics inc	3.7 M
RELY	remitly global inc	1.6 M
BY	byline bancorp inc	1.5 M
USFD	us foods hldg corp	1.4 M

Top 5 Losers (%)		%
LZ	legalzoom com inc	-41.1 %
GDDY	godaddy inc	-32.6 %
GLBE	global e online ltd	-19.4 %
FLYW	flywire corporation	-14.9 %
CARG	cargurus inc	-10.5 %

Top 5 Losers ($)		$
LZ	legalzoom com inc	-8.7 M
GLBE	global e online ltd	-3.1 M
FLYW	flywire corporation	-2.9 M
GDDY	godaddy inc	-1.7 M
CARG	cargurus inc	-1.5 M

Ararat Capital Management, LP Holdings Map

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

Current Stock Holdings of Ararat Capital Management, LP

Ararat Capital Management LP has 15 stocks in it's portfolio. About 84.9% of the portfolio is in top 10 stocks. LZ proved to be the most loss making stock for the portfolio. EWCZ was the most profitable stock for Ararat Capital Management LP last quarter.

$177.61MTotal Value

19.00Positions

15 May, 2026Last Reported

Current holdings of Current Stock Holdings of Ararat Capital Management, LP, last reported on 15 May, 2026. Select a row with a linked ticker to view its historical trend.
Holdingsorted ascending	% Portfolio	Shares Held	$ Value	% Change
BY Byline Bancorp Inc Byline Bancorp Inc BY Ararat Capital Management, LP's holding in Byline Bancorp Inc over time	11.09%	623,772	$19.69M 11.09%	decreased 4.21 percentreduced

CARG Cargurus Inc Cargurus Inc CARG Ararat Capital Management, LP's holding in Cargurus Inc over time	7.36%	383,853	$13.07M 7.36%	increased 15.98 percentadded

CFLT Confluent Inc Confluent IncCFLT Ararat Capital Management, LP's holding in Confluent Inc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

EWCZ European Wax Ctr Inc European Wax Ctr Inc EWCZ Ararat Capital Management, LP's holding in European Wax Ctr Inc over time	10.1%	3,102,120	$17.93M 10.1%	increased 44.91 percentadded

EYE National Vision Hldgs Inc National Vision Hldgs Inc EYE Ararat Capital Management, LP's holding in National Vision Hldgs Inc over time	8.27%	567,143	$14.69M 8.27%	increased 17.6 percentadded

FLYW Flywire Corporation Flywire Corporation FLYW Ararat Capital Management, LP's holding in Flywire Corporation over time	9.47%	1,444,780	$16.82M 9.47%	increased 61.82 percentadded

FNKO Funko Inc Funko Inc FNKO Ararat Capital Management, LP's holding in Funko Inc over time	4.46%	2,514,700	$7.92M 4.46%	increased 196.18 percentadded

GDDY Godaddy Inc Godaddy Inc GDDY Ararat Capital Management, LP's holding in Godaddy Inc over time	1.82%	39,138	$3.24M 1.82%	decreased 4.68 percentreduced

GIL Gildan Activewear Inc Gildan Activewear Inc GIL Ararat Capital Management, LP's holding in Gildan Activewear Inc over time	7.71%	246,077	$13.69M 7.71%	increased 38.35 percentadded

GLBE Global E Online Ltd Global E Online Ltd GLBE Ararat Capital Management, LP's holding in Global E Online Ltd over time	7.31%	420,741	$12.98M 7.31%	increased 32.05 percentadded

ITGR Integer Hldgs Corp Integer Hldgs Corp ITGR Ararat Capital Management, LP's holding in Integer Hldgs Corp over time	3.04%	61,468	$5.41M 3.04%	new position

LZ Legalzoom Com Inc Legalzoom Com Inc LZ Ararat Capital Management, LP's holding in Legalzoom Com Inc over time	7%	2,194,270	$12.44M 7%	increased 17.01 percentadded

NCNO Ncino Inc Ncino IncNCNO Ararat Capital Management, LP's holding in Ncino Inc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

PLOW Douglas Dynamics Inc Douglas Dynamics Inc PLOW Ararat Capital Management, LP's holding in Douglas Dynamics Inc over time	7.62%	321,761	$13.54M 7.62%	decreased 29.7 percentreduced

RELY Remitly Global Inc Remitly Global Inc RELY Ararat Capital Management, LP's holding in Remitly Global Inc over time	8.96%	1,014,990	$15.90M 8.96%	increased 44.55 percentadded

TPX Somnigroup International Inc Somnigroup International IncTPX Ararat Capital Management, LP's holding in Somnigroup International Inc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

USFD Us Foods Hldg Corp Us Foods Hldg Corp USFD Ararat Capital Management, LP's holding in Us Foods Hldg Corp over time	5.14%	99,019	$9.13M 5.14%	increased 44.68 percentadded

Com Driven Brands Hldgs Inc Driven Brands Hldgs Inc Ararat Capital Management, LP's holding in Driven Brands Hldgs Inc over time	0.65%	91,624	$1.16M 0.65%	decreased 92.79 percentreduced

Com Kindercare Learning Companie Kindercare Learning Companie Ararat Capital Management, LP's holding in Kindercare Learning Companie over time	0%	0.00	$0.00 0%	decreased 100 percentsold off