13F holdings as of 2025-09-30 · vs 2025-06-30 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | LRNSTRIDE INC | NEW | 226K | $33.7M | 16.6% | new |
| 2 | HGVHILTON GRAND VACATIONS INC | ADD | 782K | $32.7M | 16.1% | +$377K |
| 3 | BATRKATLANTA BRAVES HLDGS INC | ADD | 686K | $28.5M | 14.1% | -$2.0M |
| 4 | BURFORD CAPITAL LIMITED | ADD | 2.1M | $25.1M | 12.4% | -$4.1M |
| 5 | PRGPROG HOLDINGS INC | TRIM | 623K | $20.2M | 10.0% | -$3.0M |
| 6 | DAKTDAKTRONICS INC | TRIM | 958K | $20.1M | 9.9% | -$4.1M |
| 7 | MANCHESTER UTD PLC NEW | ADD | 1.2M | $17.9M | 8.8% | -$1.6M |
| 8 | PRKSUNITED PARKS & RESORTS INC | TRIM | 264K | $13.6M | 6.7% | -$12.2M |
| 9 | NATLNCR ATLEOS CORPORATION | NEW | 273K | $10.7M | 5.3% | new |
Source: SEC Form 13F. Values are as-of 2025-09-30 (quarter-end), not live. Percentages are of reported 13F value, not the fund’s full AUM (13F excludes shorts, cash, bonds, most non-US holdings).