Divisadero Street Capital Management, LP — 13F Holdings & Portfolio

CIK 1901865 · latest 13F-HR filed 2026-05-15

Divisadero Street Capital Management, LP manages $2.39B in 13F-reported U.S. long-equity assets across 118 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SGHC (7.37%), SGHC (6.56%), RSI (5.84%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 42 new positions, exited 15, added to 24, and trimmed 41.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$2.39B

Long-equity book

Holdings

118

Distinct positions

Period

2026-03-31

Filed 2026-05-15

Q/Q Activity

+42 / −15 / ↑24 / ↓41

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • RUSH STREET INTERACTIVE$85.4M +156.8%
  • OMADA HEALTH INC$66.6M +898.7%
  • DAVE INC$53.6M +92.6%
  • WEBULL CORP$39.6M +637.3%
  • SUPER GROUP SGHC LTD$36.0M +25.7%
Show all 24

Top Trims

  • AMER SPORTS INC-$83.4M -89.6%
  • BUILD-A-BEAR WORKSHOP-$38.3M -49.9%
  • TURNING POINT BRANDS-$31.9M -55.5%
  • NAPCO SECURITY TECHNOLOGIES-$31.8M -94.1%
  • CARVANA CO-$20.8M -22.6%
Show all 41

New Positions

  • BRINKER INTERNATIONAL INC$36.9M
  • LINCOLN EDUCATIONAL SERVICES$33.6M
  • ATRICURE$33.1M
  • XPEL INC$31.9M
  • SELECT WATER SOLUTIONS INC$29.1M
Show all 42

Exited Positions

  • INDIVIOR PLC$99.9M
  • IMAX CORP$35.7M
  • PORCH GROUP INC$14.8M
  • ENOVA INTL INC$13.0M
  • ROSS STORES INC$12.3M
Show all 15
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 SUPER GROUP SGHC LTD SGHC G8588X103 $176.3M 7.37% 16,325,471 SH
2 SUPER GROUP SGHC LTD Call SGHC G8588X903 $157.0M 6.56% 14,537,600 SH
3 RUSH STREET INTERACTIVE RSI 782011100 $139.8M 5.84% 6,426,679 SH
4 DAVE INC DAVE 23834J201 $111.6M 4.66% 640,840 SH
5 CELSIUS HLDGS CELH 15118V207 $90.0M 3.76% 2,535,310 SH
6 CELESTICA INC CLS 15101Q207 $86.1M 3.60% 305,816 SH
7 DAVE INC Call DAVE 23834J901 $84.4M 3.53% 485,000 SH
8 SEZZLE INC SEZL 78435P105 $83.0M 3.47% 1,311,614 SH
9 SHARKNINJA INC SN G8068L108 $81.5M 3.41% 769,163 SH
10 OMADA HEALTH INC OMDA 68170A108 $74.0M 3.09% 5,887,715 SH
11 CARVANA CO CVNA 146869102 $71.2M 2.98% 226,636 SH
12 FLYWIRE CORP FLYW 302492103 $70.7M 2.95% 6,070,594 SH
13 LUMENTUM HLDGS LITE 55024U109 $65.5M 2.74% 93,192 SH
14 AMERICAN PUBLIC EDUCATION APEI 02913V103 $59.8M 2.50% 1,052,069 SH
15 VICTORIA'S SECRET & CO VSCO 926400102 $54.6M 2.28% 1,178,175 SH
16 FIGS INC FIGS 30260D103 $47.2M 1.97% 3,196,396 SH
17 WEBULL CORP BULL G9572D103 $45.8M 1.92% 9,548,219 SH
18 THE REALREAL INC REAL 88339P101 $39.4M 1.65% 4,342,757 SH
19 BUILD-A-BEAR WORKSHOP BBW 120076104 $38.4M 1.60% 1,024,970 SH
20 BRINKER INTERNATIONAL INC EAT 109641100 $36.9M 1.54% 258,228 SH
21 AXOGEN AXGN 05463X106 $36.3M 1.52% 1,095,881 SH
22 LINCOLN EDUCATIONAL SERVICES LINC 533535100 $33.6M 1.40% 825,556 SH
23 ATRICURE ATRC 04963C209 $33.1M 1.38% 1,159,955 SH
24 XPEL INC XPEL 98379L100 $31.9M 1.33% 720,425 SH
25 SELECT WATER SOLUTIONS INC WTTR 81617J301 $29.1M 1.22% 1,901,651 SH
26 LIFEWAY FOODS INC LWAY 531914109 $27.2M 1.14% 1,408,768 SH
27 STRIDE LRN 86333M108 $27.2M 1.14% 308,500 SH
28 TURNING POINT BRANDS TPB 90041L105 $25.7M 1.07% 295,578 SH
29 COMPASS COMP 20464U100 $24.8M 1.04% 3,389,927 SH
30 HINGE HEALTH INC-A HNGE 433313103 $22.0M 0.92% 570,659 SH
31 PROCEPT BIOROBOTICS CORP PRCT 74276L105 $21.7M 0.91% 866,338 SH
32 CITI TRENDS INC CTRN 17306X102 $21.4M 0.89% 494,046 SH
33 LENDINGTREE INC TREE 52603B107 $20.1M 0.84% 469,269 SH
34 ADAPTIVE BIOTECHNOLOGIES ADPT 00650F109 $18.3M 0.77% 1,318,661 SH
35 NATIONAL VISION HLDGS EYE 63845R107 $18.0M 0.75% 696,032 SH
36 KURA SUSHI USA INC KRUS 501270102 $17.4M 0.73% 248,812 SH
37 REMITLY GLOBAL RELY 75960P104 $16.5M 0.69% 1,053,557 SH
38 INDIVIOR PHARMACEUTICALS INDV 45579U109 $15.9M 0.66% 521,083 SH
39 COMPASS DIVERSIFIED HLDGS CODI 20451Q104 $15.2M 0.63% 1,930,254 SH
40 CALIX CALX 13100M509 $15.0M 0.63% 305,670 SH
41 PROCEPT BIOROBOTICS CORP Call PRCT 74276L905 $14.4M 0.60% 574,100 SH
42 VERICEL CORPORATION VCEL 92346J108 $13.6M 0.57% 422,178 SH
43 WILLDAN GROUP WLDN 96924N100 $12.6M 0.53% 164,987 SH
44 TOWER SEMICONDUCTOR LTD TSEM M87915274 $12.3M 0.51% 70,000 SH
45 EZCORP INC EZPW 302301106 $11.6M 0.49% 458,856 SH
46 CECO ENVIRONMENTAL CECO 125141101 $11.2M 0.47% 187,600 SH
47 BROADCOM INC AVGO 11135F101 $10.8M 0.45% 35,000 SH
48 HIMS & HERS HEALTH INC HIMS 433000106 $9.8M 0.41% 469,833 SH
49 AMER SPORTS INC AS G0260P102 $9.6M 0.40% 292,784 SH
50 PROGYNY INC PGNY 74340E103 $9.6M 0.40% 563,609 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-15 $2.39B 118 0001901865-26-000001
2025-12-31 2026-02-17 $2.14B 92 0000919574-26-000995
2025-09-30 2025-11-14 $2.29B 168 0000919574-25-006804