Latest Divisadero Street Capital Management, LP Stock Portfolio

Divisadero Street Capital Management, LP Performance:

2025 Q4: 2.91%YTD: 27.6%2024: 22.58%

Performance for 2025 Q4 is 2.91%, and YTD is 27.6%, and 2024 is 22.58%.

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

Divisadero Street Capital Management, LP is a hedge fund based in Miami, FL. On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, Divisadero Street Capital Management, LP reported an equity portfolio of $2.1 Billions as of 31 Dec, 2025.

The top stock holdings of Divisadero Street Capital Management, LP are SGHC, , . The fund has invested 6.6% of it's portfolio in SUPER GROUP SGHC LIMITED and 4.7% of portfolio in INDIVIOR PLC.

The fund managers got completely rid off STRIDE INC (LRN), PORCH GROUP INC (PRCH) and ANGIODYNAMICS INC (ANGO) stocks. They significantly reduced their stock positions in J JILL INC (JILL), FOX FACTORY HLDG CORP (FOXF) and BIOVENTUS INC (BVS). Divisadero Street Capital Management, LP opened new stock positions in UPSTART HLDGS INC (UPST), ENOVA INTL INC (ENVA) and ROSS STORES INC (ROST). The fund showed a lot of confidence in some stocks as they added substantially to FIGS INC (FIGS), BUILD-A-BEAR WORKSHOP INC (BBW) and AXOGEN INC (AXGN).

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

Our best estimate is that Divisadero Street Capital Management, LP made a return of 2.91% in the last quarter. In trailing 12 months, it's portfolio return was 27.6%.

Performance
S&P 500

New Buys

Ticker	$ Bought
upstart hldgs inc	16,180,100
porch group inc	14,793,800
enova intl inc	12,967,400
ross stores inc	12,286,300
phathom pharmaceuticals inc	10,987,800
progyny inc	9,337,860
vericel corp	8,102,250
webull corp	6,216,000

New stocks bought by Divisadero Street Capital Management, LP

Additions

Ticker	% Inc.
figs inc	12,670
build-a-bear workshop inc	3,526
axogen inc	1,817
citi trends inc	1,554
mediaalpha inc	876
napco sec technologies inc	625
neogenomics inc	545
amer sports inc	502

Additions to existing portfolio by Divisadero Street Capital Management, LP

Reductions

Ticker	% Reduced
j jill inc	-87.53
fox factory hldg corp	-84.98
bioventus inc	-73.67
dave inc	-71.73
rev group inc	-66.74
omada health inc	-65.97
hinge health inc	-59.38
arhaus inc	-53.95

Divisadero Street Capital Management, LP reduced stake in above stock

Sold off

Ticker	$ Sold
angiodynamics inc	-41,084,700
clover health investments co	-8,470,350
porch group inc	-43,743,500
fastly inc	-21,174,000
savers value vlg inc	-32,651,900
evolv technologies hldngs in	-10,780,900
krispy kreme inc	-4,215,750
planet labs pbc	-13,564,100

Divisadero Street Capital Management, LP got rid off the above stocks

Sector Distribution

Divisadero Street Capital Management, LP has about 32.4% of it's holdings in Others sector.

Sector	%
Others	32.4
Consumer Cyclical	25.1
Consumer Defensive	15.7
Technology	12.7
Industrials	4.5
Healthcare	3.5
Communication Services	3.1
Financial Services	1.8

Market Cap. Distribution

Divisadero Street Capital Management, LP has about 13.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
SMALL-CAP	39.1
UNALLOCATED	32.4
LARGE-CAP	13.7
MID-CAP	13.5

Stocks belong to which Index?

About 50.7% of the stocks held by Divisadero Street Capital Management, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	50.7
Others	48.3

Top 5 Winners (%)		%
LITE	lumentum hldgs inc	109.0 %
	indivior plc	44.6 %
REAL	the realreal inc	42.4 %
VSCO	victorias secret and co	41.4 %
AXGN	axogen inc	31.5 %

Top 5 Winners ($)		$
	indivior plc	36.2 M
LITE	lumentum hldgs inc	29.0 M
REAL	the realreal inc	14.8 M
DAVE	dave inc	13.1 M
FIGS	figs inc	10.4 M

Top 5 Losers (%)		%
LFMD	lifemd inc	-49.8 %
GOGO	gogo inc	-45.8 %
HIMS	hims & hers health inc	-42.6 %
DDD	3-d sys corp del	-39.0 %
TKNO	alpha teknova inc	-38.6 %

Top 5 Losers ($)		$
	sezzle inc	-21.0 M
CELH	celsius hldgs inc	-14.1 M
SGHC	super group sghc limited	-13.5 M
HIMS	hims & hers health inc	-11.3 M
VITL	vital farms inc	-7.0 M

Divisadero Street Capital Management, LP Holdings Map

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

Current Stock Holdings of Divisadero Street Capital Management, LP

Divisadero Street Capital Management, LP has 87 stocks in it's portfolio. About 41.1% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. was the most profitable stock for Divisadero Street Capital Management, LP last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ADPT	adaptive biotechnologies cor	0.27	361,344	5,868,230	new

ADTN	adtran holdings inc	0.05	127,489	1,107,880	new

AFRM	affirm hldgs inc	0.00	0.00	0.00	sold off	-100

AGX	argan inc	0.00	0.00	0.00	sold off	-100

AHCO	adapthealth corp	0.00	0.00	0.00	sold off	-100

AIRS	airsculpt technologies inc	0.00	0.00	0.00	sold off	-100

ANF	abercrombie & fitch co	0.00	0.00	0.00	sold off	-100

ANGO	angiodynamics inc	0.00	0.00	0.00	sold off	-100

ANIP	ani pharmaceuticals inc	0.00	0.00	0.00	sold off	-100

APEI	american pub ed inc	2.96	1,671,560	63,184,900	added	336

ARHS	arhaus inc	0.04	67,413	755,700	reduced	-53.95

ARLO	arlo technologies inc	0.21	320,287	4,480,820	reduced	-53.69

ASO	academy sports & outdoors in	0.00	0.00	0.00	sold off	-100

ATRC	atricure inc	0.00	0.00	0.00	sold off	-100

AXGN	axogen inc	0.77	503,822	16,490,100	added	1,817

BBW	build-a-bear workshop inc	3.59	1,251,220	76,662,500	added	3,526

BKSY	blacksky technology inc	0.00	0.00	0.00	sold off	-100

BLND	blend labs inc	0.81	5,701,120	17,331,400	added	38.6

BOOT	boot barn hldgs inc	0.00	0.00	0.00	sold off	-100

BRBR	bellring brands inc	0.07	55,780	1,491,000	unchanged	0.00