Q4 2025 · 13F-HR
Pillsbury Lake Capital LLCholdings as filed
Filed 2026-02-18 · accession 0001941040-26-000191
$286.2M
Reported value
30
Positions
2025-12-31
Period end
The Brief · Pillsbury Lake Capital LLC · Q4 2025
AI · grounded in 13F
Pillsbury Lake Capital LLC established a new position in IWM valued at $40.8M. The fund also initiated new stakes in TPB for $17.4M and LINC for $17.0M. Additional new positions include CVCO, COMP, and BBW.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464287655 | IWM | ISHARES TR | $40.8M | 14.3% | 165,900 | PUT | SOLE |
| 90041L105 | TPB | TURNING PT BRANDS INC | $17.4M | 6.07% | 160,241 | Common | SOLE |
| 533535100 | LINC | LINCOLN EDL SVCS CORP | $17.0M | 5.95% | 705,108 | Common | SOLE |
| 149568107 | CVCO | CAVCO INDS INC DEL | $15.1M | 5.27% | 25,546 | Common | SOLE |
| 20464U100 | COMP | COMPASS INC | $14.1M | 4.92% | 1,332,113 | Common | SOLE |
| 120076104 | BBW | BUILD-A-BEAR WORKSHOP INC | $12.9M | 4.50% | 210,334 | Common | SOLE |
| 103310108 | BGSI | BOYD GROUP SERVICES INC | $12.7M | 4.45% | 79,949 | Common | SOLE |
| 55406W103 | LUXE | LUXEXPERIENCE BV | $12.6M | 4.40% | 1,509,268 | Common | SOLE |
| 20459V105 | GPGI | COMPOSECURE INC | $11.9M | 4.15% | 616,127 | Common | SOLE |
| 693282105 | PDFS | PDF SOLUTIONS INC | $10.7M | 3.75% | 376,069 | Common | SOLE |
| 63001N106 | NATL | NCR ATLEOS CORPORATION | $10.2M | 3.57% | 268,088 | Common | SOLE |
| 092667104 | SRTA | STRATA CRITICAL MEDICAL INC | $9.5M | 3.32% | 1,978,252 | Common | SOLE |
| 226718104 | CRTO | CRITEO S A | $9.5M | 3.31% | 460,242 | Common | SOLE |
| 55955D100 | MGNI | MAGNITE INC | $9.5M | 3.31% | 583,644 | Common | SOLE |
| 404251100 | HNI | HNI CORP | $8.9M | 3.10% | 211,282 | Common | SOLE |
| 49427F108 | KRC | KILROY RLTY CORP | $8.4M | 2.92% | 223,788 | Common | SOLE |
| 05637B105 | BLZE | BACKBLAZE INC | $8.1M | 2.82% | 1,729,132 | Common | SOLE |
| 501270102 | KRUS | KURA SUSHI USA INC | $8.0M | 2.81% | 153,574 | Common | SOLE |
| 56146T103 | MAMA | MAMAS CREATIONS INC | $6.7M | 2.32% | 493,184 | Common | SOLE |
| 40051E202 | ASR | GRUPO AEROPORTUARIO DEL SURE | $6.5M | 2.27% | 20,045 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $6.3M | 2.21% | 81,123 | Common | SOLE |
| 10948C107 | BV | BRIGHTVIEW HLDGS INC | $6.2M | 2.17% | 489,973 | Common | SOLE |
| 184496107 | CLH | CLEAN HARBORS INC | $5.3M | 1.85% | 22,553 | Common | SOLE |
| 22717L101 | CRON | CRONOS GROUP INC | $4.8M | 1.69% | 1,839,003 | Common | SOLE |
| 45170X205 | INVE | IDENTIV INC | $3.6M | 1.27% | 945,300 | Common | SOLE |
| 72352L106 | PINS | PINTEREST INC | $3.6M | 1.25% | 138,205 | Common | SOLE |
| 09261X102 | BXSL | BLACKSTONE SECD LENDING FD | $2.7M | 0.93% | 100,679 | Common | SOLE |
| 65345M108 | NXDR | NEXTDOOR HOLDINGS INC | $2.4M | 0.84% | 1,150,000 | Common | SOLE |
| 15746L100 | CBNA | CHAIN BRIDGE BANCORP INC | $633,427 | 0.22% | 18,286 | Common | SOLE |
| 050734201 | AEYE | AUDIOEYE INC | $211,428 | 0.07% | 21,164 | 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.