Q4 2025 · 13F-HR
Greenhaven Road Investment Management, L.P.holdings as filed
Filed 2026-02-13 · accession 0001420506-26-000339
$594.0M
Reported value
16
Positions
2025-12-31
Period end
The Brief · Greenhaven Road Investment Management, L.P. · Q4 2025
AI · grounded in 13F
Greenhaven Road Investment Management, L.P. closed its position in IWM, reducing exposure by $32.79M. The fund also exited its position in SOC for $5.05M and trimmed its holding in LPX by 45.65%. On the buy side, the fund established a new position in PINS worth $2.85M and increased its stake in KFS by 43.80%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464287432 | TLT | ISHARES TR | $363.2M | 61.1% | 4,166,500 | PUT | SOLE |
| 405166109 | HGTY | HAGERTY INC | $35.2M | 5.92% | 2,616,654 | Common | SOLE |
| 698884103 | PAR | PAR TECHNOLOGY CORP | $32.2M | 5.42% | 886,883 | Common | SOLE |
| 514766104 | LFCR | LIFECORE BIOMEDICAL INC | $30.1M | 5.07% | 3,682,573 | Common | SOLE |
| M2197Q107 | CLBT | CELLEBRITE DI LTD | $28.8M | 4.86% | 1,599,937 | Common | SOLE |
| 496904202 | KFS | KINGSWAY FINL SVCS INC | $25.3M | 4.27% | 1,884,529 | Common | SOLE |
| 48251W104 | KKR | KKR & CO INC | $21.7M | 3.66% | 190,100 | Common | SOLE |
| 00217D100 | ASTS | AST SPACEMOBILE CL A | $20.0M | 3.37% | 275,219 | Common | SOLE |
| G17977110 | BUR | BURFORD CAP LTD | $16.6M | 2.80% | 1,865,312 | Common | SOLE |
| M0854Q105 | ALLT | ALLOT LTD | $8.4M | 1.42% | 856,991 | Common | SOLE |
| 546347105 | LPX | LOUISIANA PAC CORP | $8.2M | 1.38% | 101,323 | Common | SOLE |
| 72352L106 | PINS | PINTEREST INC | $2.8M | 0.48% | 110,000 | Common | SOLE |
| 65345N106 | NN | NEXTNAV INC | $1.0M | 0.17% | 62,000 | Common | SOLE |
| 576853105 | MTRX | MATRIX SVC CO | $163,437 | 0.03% | 13,969 | Common | SHARED |
| 761025105 | RSSS | RESEARCH SOLUTIONS INC | $113,122 | 0.02% | 38,477 | Common | SHARED |
| 74836W203 | QRHC | QUEST RESOURCE HLDG CORP | $58,521 | 0.01% | 31,463 | Common | SHARED |
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.