Q2 2025 · 13F-HR
Divisadero Street Capital Management, LPholdings as filed
Filed 2025-08-14 · accession 0000919574-25-004703
$1.57B
Reported value
136
Positions
2025-06-30
Period end
The Brief · Divisadero Street Capital Management, LP · Q2 2025
AI · grounded in 13F
Divisadero Street Capital Management, LP established a new position in SEZL valued at $162.7M. The fund also initiated new stakes in DAVE for $143.5M and RELY for $129.9M. Other new additions include RSI, TPB, and CELH. The fund ended the period with 131 positions and total AUM of $1.57B.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78435P105 | SEZL | SEZZLE INC | $162.7M | 10.4% | 907,488 | Common | SOLE |
| 23834J201 | DAVE | DAVE INC | $143.5M | 9.15% | 534,590 | Common | SOLE |
| 782011100 | RSI | RUSH STREET INTERACTIVE INC | $97.3M | 6.21% | 6,530,752 | Common | SOLE |
| 75960P104 | RELY | REMITLY GLOBAL INC | $95.7M | 6.10% | 5,097,806 | Common | SOLE |
| 90041L105 | TPB | TURNING PT BRANDS INC | $71.5M | 4.56% | 943,784 | Common | SOLE |
| 15118V207 | CELH | CELSIUS HLDGS INC | $69.5M | 4.43% | 1,497,450 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $65.1M | 4.16% | 193,319 | Common | SOLE |
| 302492103 | FLYW | FLYWIRE CORPORATION | $56.0M | 3.57% | 4,784,654 | Common | SOLE |
| G81276100 | SIG | SIGNET JEWELERS LIMITED | $50.3M | 3.21% | 632,832 | Common | SOLE |
| G8068L108 | SN | SHARKNINJA INC | $48.0M | 3.06% | 484,408 | Common | SOLE |
| 75960P104 | RELY | REMITLY GLOBAL INC | $34.2M | 2.18% | 1,822,200 | CALL | SOLE |
| 03475V101 | ANGO | ANGIODYNAMICS INC | $33.7M | 2.15% | 3,395,430 | Common | SOLE |
| 733245104 | PRCH | PORCH GROUP INC | $28.8M | 1.84% | 2,443,612 | Common | SOLE |
| 399473206 | GRPN | GROUPON INC | $27.2M | 1.74% | 813,621 | Common | SOLE |
| 433000106 | HIMS | HIMS & HERS HEALTH INC | $23.2M | 1.48% | 465,093 | Common | SOLE |
| 74275G107 | PRTH | PRIORITY TECHNOLOGY HLDGS IN | $21.4M | 1.36% | 2,746,835 | Common | SOLE |
| 35138V102 | FOXF | FOX FACTORY HLDG CORP | $21.2M | 1.35% | 818,357 | Common | SOLE |
| 04206A101 | ARLO | ARLO TECHNOLOGIES INC | $19.5M | 1.25% | 1,150,943 | Common | SOLE |
| 782011100 | RSI | RUSH STREET INTERACTIVE INC | $19.0M | 1.21% | 1,275,000 | CALL | SOLE |
| 09352U108 | BLND | BLEND LABS INC | $18.2M | 1.16% | 5,505,522 | Common | SOLE |
| 96924N100 | WLDN | WILLDAN GROUP INC | $17.4M | 1.11% | 278,955 | Common | SOLE |
| 80517M109 | SVV | SAVERS VALUE VLG INC | $16.0M | 1.02% | 1,572,345 | Common | SOLE |
| 92847W103 | VITL | VITAL FARMS INC | $15.9M | 1.02% | 413,627 | Common | SOLE |
| 46620W201 | JILL | J JILL INC | $15.1M | 0.96% | 1,029,452 | Common | SOLE |
| 109641100 | EAT | BRINKER INTL INC | $15.0M | 0.96% | 83,300 | CALL | SOLE |
| 141788109 | CARG | CARGURUS INC | $14.6M | 0.93% | 436,183 | Common | SOLE |
| 08659B102 | BBNX | BETA BIONICS INC | $13.8M | 0.88% | 948,965 | Common | SOLE |
| 268603107 | LOCO | EL POLLO LOCO HLDGS INC | $13.6M | 0.86% | 1,231,087 | Common | SOLE |
| 15101Q207 | CLS | CELESTICA INC | $12.9M | 0.82% | 82,361 | Common | SOLE |
| 63845R107 | EYE | NATIONAL VISION HLDGS INC | $12.7M | 0.81% | 553,957 | Common | SOLE |
| G0260P102 | AS | AMER SPORTS INC | $11.6M | 0.74% | 300,000 | Common | SOLE |
| 30041R108 | EVER | EVERQUOTE INC | $11.0M | 0.70% | 453,220 | Common | SOLE |
| G3323L100 | FN | FABRINET | $10.5M | 0.67% | 35,788 | Common | SOLE |
| 377322102 | GKOS | GLAUKOS CORP | $10.5M | 0.67% | 101,791 | Common | SOLE |
| 98955K104 | ZVIA | ZEVIA PBC | $10.4M | 0.66% | 3,230,980 | Common | SOLE |
| 002896207 | ANF | ABERCROMBIE & FITCH CO | $8.6M | 0.55% | 104,322 | Common | SOLE |
| 338307101 | FIVN | FIVE9 INC | $8.3M | 0.53% | 314,181 | Common | SOLE |
| 607828100 | MOD | MODINE MFG CO | $7.7M | 0.49% | 78,300 | Common | SOLE |
| 03062T105 | CRMT | AMERICAS CAR-MART INC | $7.5M | 0.48% | 134,471 | Common | SOLE |
| 67079U306 | NUTX | NUTEX HEALTH INC | $7.5M | 0.48% | 60,094 | Common | SOLE |
| 109641100 | EAT | BRINKER INTL INC | $7.4M | 0.47% | 40,811 | Common | SOLE |
| 09075A108 | BVS | BIOVENTUS INC | $7.2M | 0.46% | 1,080,633 | Common | SOLE |
| 12769G100 | CZR | CAESARS ENTERTAINMENT INC NE | $7.1M | 0.45% | 250,000 | Common | SOLE |
| 29772L108 | ETON | ETON PHARMACEUTICALS INC | $7.1M | 0.45% | 497,716 | Common | SOLE |
| 81663L200 | WGS | GENEDX HOLDINGS CORP | $6.8M | 0.43% | 73,146 | Common | SOLE |
| 577933104 | MMS | MAXIMUS INC | $6.7M | 0.43% | 95,000 | Common | SOLE |
| 825704109 | SIBN | SI-BONE INC | $6.4M | 0.41% | 339,791 | Common | SOLE |
| G31249108 | ESTA | ESTABLISHMENT LABS HLDGS INC | $6.3M | 0.40% | 147,858 | Common | SOLE |
| G98196101 | W9N0 | WNS HLDGS LTD | $6.3M | 0.40% | 99,455 | Common | SOLE |
| 09624H208 | BXC | BLUELINX HLDGS INC | $6.2M | 0.39% | 83,141 | Common | SOLE |
| 12448X201 | BYRN | BYRNA TECHNOLOGIES INC | $5.4M | 0.35% | 176,377 | Common | SOLE |
| 53190C102 | LTH | LIFE TIME GROUP HOLDINGS INC | $5.4M | 0.34% | 177,417 | Common | SOLE |
| 09263B207 | BKSY | BLACKSKY TECHNOLOGY INC | $5.1M | 0.33% | 250,000 | CALL | SOLE |
| 89377M109 | TMDX | TRANSMEDICS GROUP INC | $5.1M | 0.33% | 38,390 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $5.1M | 0.33% | 28,244 | Common | SOLE |
| 98379L100 | XPEL | XPEL INC | $5.1M | 0.32% | 141,239 | Common | SOLE |
| M7S64L123 | PGY | PAGAYA TECHNOLOGIES LTD | $4.9M | 0.32% | 231,919 | Common | SOLE |
| 70614W100 | PTON | PELOTON INTERACTIVE INC | $4.7M | 0.30% | 683,390 | Common | SOLE |
| 00827B106 | AFRM | AFFIRM HLDGS INC | $4.5M | 0.29% | 65,366 | Common | SOLE |
| 00402L107 | ASO | ACADEMY SPORTS & OUTDOORS IN | $4.5M | 0.29% | 100,000 | Common | SOLE |
| 415858109 | HROW | HARROW INC | $4.3M | 0.27% | 140,570 | Common | SOLE |
| 26142V105 | DKNG | DRAFTKINGS INC NEW | $4.2M | 0.27% | 97,483 | Common | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $4.1M | 0.26% | 42,605 | Common | SOLE |
| G3R239101 | GAMB | GAMBLING COM GROUP LIMITED | $3.6M | 0.23% | 305,694 | Common | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $3.5M | 0.22% | 10,000 | Common | SOLE |
| 630402105 | NSSC | NAPCO SEC TECHNOLOGIES INC | $3.3M | 0.21% | 111,566 | Common | SOLE |
| 875372203 | TNDM | TANDEM DIABETES CARE INC | $3.3M | 0.21% | 174,692 | Common | SOLE |
| 171779309 | CIEN | CIENA CORP | $3.3M | 0.21% | 40,000 | Common | SOLE |
| 07831C103 | BRBR | BELLRING BRANDS INC | $3.2M | 0.21% | 55,780 | Common | SOLE |
| 45780L104 | INGN | INOGEN INC | $3.2M | 0.20% | 455,389 | Common | SOLE |
| 78349D107 | RXST | RXSIGHT INC | $2.8M | 0.18% | 218,918 | Common | SOLE |
| 13100M509 | CALX | CALIX INC | $2.8M | 0.18% | 53,022 | Common | SOLE |
| 185123106 | CWAN | CLEARWATER ANALYTICS HLDGS I | $2.7M | 0.17% | 125,000 | Common | SOLE |
| 641288105 | NPCE | NEUROPACE INC | $2.7M | 0.17% | 242,120 | Common | SOLE |
| G8588X103 | SGHC | SUPER GROUP SGHC LIMITED | $2.3M | 0.15% | 213,933 | Common | SOLE |
| H8088L103 | SRAD | SPORTRADAR GROUP AG | $2.3M | 0.15% | 82,279 | Common | SOLE |
| 91688F104 | UPWK | UPWORK INC | $2.1M | 0.14% | 158,125 | Common | SOLE |
| 18482P103 | CLFD | CLEARFIELD INC | $2.1M | 0.13% | 48,280 | Common | SOLE |
| G4766E116 | INDV | INDIVIOR PLC | $2.0M | 0.13% | 136,000 | Common | SOLE |
| 749527107 | 1RG | REV GROUP INC | $1.9M | 0.12% | 40,000 | Common | SOLE |
| 120076104 | BBW | BUILD-A-BEAR WORKSHOP INC | $1.8M | 0.11% | 34,502 | Common | SOLE |
| G1890L107 | CPRI | CAPRI HOLDINGS LIMITED | $1.8M | 0.11% | 100,000 | Common | SOLE |
| G3934V109 | GENI | GENIUS SPORTS LIMITED | $1.7M | 0.11% | 166,985 | Common | SOLE |
| 88339P101 | REAL | THE REALREAL INC | $1.7M | 0.11% | 345,501 | Common | SOLE |
| 926400102 | VSCO | VICTORIAS SECRET AND CO | $1.6M | 0.10% | 85,910 | Common | SOLE |
| 819047101 | SHAK | SHAKE SHACK INC | $1.6M | 0.10% | 11,223 | Common | SOLE |
| 81728J109 | SRTS | SENSUS HEALTHCARE INC | $1.5M | 0.10% | 324,673 | Common | SOLE |
| 53216B104 | LFMD | LIFEMD INC | $1.5M | 0.09% | 109,034 | Common | SOLE |
| 50101L106 | DNUT | KRISPY KREME INC | $1.5M | 0.09% | 500,000 | Common | SOLE |
| 74276L105 | PRCT | PROCEPT BIOROBOTICS CORP | $1.4M | 0.09% | 24,963 | Common | SOLE |
| M5425M103 | INMD | INMODE LTD | $1.4M | 0.09% | 96,754 | Common | SOLE |
| 302301106 | EZPW | EZCORP INC | $1.4M | 0.09% | 99,310 | Common | SOLE |
| 74967X103 | RH | RH | $1.4M | 0.09% | 7,220 | Common | SOLE |
| 602496101 | MDXG | MIMEDX GROUP INC | $1.4M | 0.09% | 223,220 | Common | SOLE |
| 98422X101 | XPOF | XPONENTIAL FITNESS INC | $1.4M | 0.09% | 181,858 | Common | SOLE |
| 74934Q108 | RICK | RCI HOSPITALITY HLDGS INC | $1.4M | 0.09% | 35,492 | Common | SOLE |
| 04035M102 | ARHS | ARHAUS INC | $1.3M | 0.08% | 146,394 | Common | SOLE |
| 88337F105 | ODP1 | THE ODP CORP | $1.2M | 0.08% | 68,328 | Common | SOLE |
| 58470H101 | MED | MEDIFAST INC | $1.1M | 0.07% | 79,839 | Common | SOLE |
| 04963C209 | ATRC | ATRICURE INC | $1.1M | 0.07% | 33,690 | Common | SOLE |
| 58450V104 | MAX | MEDIAALPHA INC | $951,632 | 0.06% | 86,907 | Common | SOLE |
| 21900C308 | CRMD | CORMEDIX INC | $874,720 | 0.06% | 71,000 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $807,948 | 0.05% | 56,978 | Common | SOLE |
| 009496100 | AIRS | AIRSCULPT TECHNOLOGIES INC | $800,326 | 0.05% | 165,699 | Common | SOLE |
| 73642K106 | PTLO | PORTILLOS INC | $784,959 | 0.05% | 67,263 | Common | SOLE |
| 30049H102 | EVLV | EVOLV TECHNOLOGIES HLDNGS IN | $757,417 | 0.05% | 121,381 | Common | SOLE |
| 229050307 | CYRX | CRYOPORT INC | $697,510 | 0.04% | 93,500 | Common | SOLE |
| 54738L109 | LOVE | LOVESAC COMPANY | $693,693 | 0.04% | 38,115 | Common | SOLE |
| 98585N106 | YEXT | YEXT INC | $587,605 | 0.04% | 69,130 | Common | SOLE |
| 98956A105 | ZETA | ZETA GLOBAL HOLDINGS CORP | $579,915 | 0.04% | 37,438 | Common | SOLE |
| 92847W103 | VITL | VITAL FARMS INC | $577,800 | 0.04% | 15,000 | CALL | SOLE |
| 250565108 | DBI | DESIGNER BRANDS INC | $551,927 | 0.04% | 231,902 | Common | SOLE |
| 83125X103 | SNBR | SLEEP NUMBER CORP | $549,452 | 0.04% | 81,340 | Common | SOLE |
| 361008105 | FNKO | FUNKO INC | $462,191 | 0.03% | 97,099 | Common | SOLE |
| 17306X102 | CTRN | CITI TRENDS INC | $409,896 | 0.03% | 12,276 | Common | SOLE |
| 02080L102 | TKNO | ALPHA TEKNOVA INC | $387,262 | 0.02% | 78,872 | Common | SOLE |
| 75321W103 | PACK | RANPAK HOLDINGS CORP | $357,004 | 0.02% | 100,001 | Common | SOLE |
| 457642205 | INOD | INNODATA INC | $352,138 | 0.02% | 6,875 | Common | SOLE |
| 87427V103 | TALK | TALKSPACE INC | $288,998 | 0.02% | 103,956 | Common | SOLE |
| 22266M104 | COUR | COURSERA INC | $285,935 | 0.02% | 32,641 | Common | SOLE |
| 05463X106 | AXGN | AXOGEN INC | $285,051 | 0.02% | 26,272 | Common | SOLE |
| 98888T107 | ZIMV | ZIMVIE INC | $280,210 | 0.02% | 29,969 | Common | SOLE |
| 256677105 | DG | DOLLAR GEN CORP NEW | $249,005 | 0.02% | 2,177 | Common | SOLE |
| 98980B103 | ZIP | ZIPRECRUITER INC | $248,045 | 0.02% | 49,510 | Common | SOLE |
| 14167L103 | CDNA | CAREDX INC | $244,250 | 0.02% | 12,500 | Common | SOLE |
| 30260D103 | FIGS | FIGS INC | $229,858 | 0.01% | 40,755 | Common | SOLE |
| 81684M104 | SMLR | SEMLER SCIENTIFIC INC | $227,791 | 0.01% | 5,880 | Common | SOLE |
| 25065K104 | DXLG | DESTINATION XL GROUP INC | $219,710 | 0.01% | 197,937 | Common | SOLE |
| 256746108 | DLTR | DOLLAR TREE INC | $212,738 | 0.01% | 2,148 | Common | SOLE |
| 73754Y100 | PTB | POTBELLY CORP | $208,250 | 0.01% | 17,000 | Common | SOLE |
| 05601U105 | BRCC | BRC INC | $151,416 | 0.01% | 115,585 | Common | SOLE |
| 88554D205 | DDD | 3-D SYS CORP DEL | $139,418 | 0.01% | 90,531 | Common | SOLE |
| 09263B207 | BKSY | BLACKSKY TECHNOLOGY INC | $129,653 | 0.01% | 6,300 | Common | SOLE |
| 00653Q102 | AHCO | ADAPTHEALTH CORP | $124,721 | 0.01% | 13,226 | Common | SOLE |
| 74640Y106 | PRPL | PURPLE INNOVATION INC | $101,071 | 0.01% | 138,605 | Common | SOLE |
| 12047B105 | BMBL | BUMBLE INC | $72,490 | 0.00% | 11,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.