Q1 2026 · 13F-HR
Ararat Capital Management LPholdings as filed
Filed 2026-05-15 · accession 0001768757-26-000003
$177.6M
Reported value
15
Positions
2026-03-31
Period end
The Brief · Ararat Capital Management LP · Q1 2026
AI · grounded in 13F
Ararat Capital Management LP closed its position in 8QR for a reduction of $21.2M. The fund also exited positions in SGI and NCNO, totaling losses of $9.5M and $6.4M respectively. On the buy side, the fund established a new position in ITGR worth $5.4M and increased its stake in FNKO by 196.2%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 124411109 | BY | BYLINE BANCORP INC | $19.7M | 11.1% | 623,772 | Common | SOLE |
| 29882P106 | EWCZ | EUROPEAN WAX CTR INC | $17.9M | 10.1% | 3,102,117 | Common | SOLE |
| 302492103 | FLYW | FLYWIRE CORPORATION | $16.8M | 9.47% | 1,444,784 | Common | SOLE |
| 75960P104 | RELY | REMITLY GLOBAL INC | $15.9M | 8.95% | 1,014,991 | Common | SOLE |
| 63845R107 | EYE | NATIONAL VISION HLDGS INC | $14.7M | 8.27% | 567,143 | Common | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR INC | $13.7M | 7.71% | 246,077 | Common | SOLE |
| 25960R105 | PLOW | DOUGLAS DYNAMICS INC | $13.5M | 7.62% | 321,761 | Common | SOLE |
| 141788109 | CARG | CARGURUS INC | $13.1M | 7.36% | 383,853 | Common | SOLE |
| M5216V106 | GLBE | GLOBAL E ONLINE LTD | $13.0M | 7.31% | 420,741 | Common | SOLE |
| 52466B103 | LZ | LEGALZOOM COM INC | $12.4M | 7.00% | 2,194,271 | Common | SOLE |
| 912008109 | USFD | US FOODS HLDG CORP | $9.1M | 5.14% | 99,019 | Common | SOLE |
| 361008105 | FNKO | FUNKO INC | $7.9M | 4.46% | 2,514,703 | Common | SOLE |
| 45826H109 | ITGR | INTEGER HLDGS CORP | $5.4M | 3.05% | 61,468 | Common | SOLE |
| 380237107 | GDDY | GODADDY INC | $3.2M | 1.82% | 39,138 | Common | SOLE |
| 26210V102 | DRVN | DRIVEN BRANDS HLDGS INC | $1.2M | 0.65% | 91,624 | 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.