13F holdings as of 2025-12-31 · vs 2025-09-30 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | HGVHILTON GRAND VACATIONS INC | ADD | 845K | $37.8M | 17.8% | +$5.1M |
| 2 | BATRKATLANTA BRAVES HLDGS INC | ADD | 766K | $30.2M | 14.2% | +$1.7M |
| 3 | DAKTDAKTRONICS INC | ADD | 1.3M | $25.2M | 11.8% | +$5.1M |
| 4 | PRGPROG HOLDINGS INC | ADD | 763K | $22.5M | 10.6% | +$2.3M |
| 5 | MANCHESTER UTD PLC NEW | ADD | 1.2M | $19.5M | 9.2% | +$1.6M |
| 6 | BURFORD CAPITAL LIMITED | TRIM | 2.0M | $17.4M | 8.2% | -$7.7M |
| 7 | LRNSTRIDE INC | ADD | 247K | $16.1M | 7.6% | -$17.6M |
| 8 | NATLNCR ATLEOS CORPORATION | ADD | 367K | $14.0M | 6.6% | +$3.3M |
| 9 | FTDRFRONTDOOR INC | NEW | 170K | $9.8M | 4.6% | new |
| 10 | MISTER CAR WASH INC | NEW | 1.7M | $9.6M | 4.5% | new |
| 11 | CARSCARS COM INC | NEW | 729K | $8.9M | 4.2% | new |
| 12 | BKTIBK TECHNOLOGIES CORPORATION | NEW | 19K | $1.4M | 0.7% | new |
Source: SEC Form 13F. Values are as-of 2025-12-31 (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).