Ararat Capital Management LP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Ararat Capital Management LP reported 17 stock positions worth $213.5 million. Its top holding was Flywire Corp.-Voting (FLYW) at 9.4% of the portfolio, followed by Remitly Global (RELY, 9.0%) and Byline Bancorp (BY, 8.7%). Compared with Q1 2026, it opened 4 new positions, sold out of 2, added to 6 and reduced 7. The biggest buy was a new position in Ralliant (RAL) and the biggest sale an exit from European Wax Center Class A (EWCZ).
- Most Recent 13F
- Q2 2026
- Location
- WESTPORT, CT
- CIK
- 0001768757
- Portfolio Value
- $213.5M (Q2 2026)
- SEC Filing
- 0001768757-26-000004 ↗ filed Aug 14, 2026
Holdings Value
Holdings 17 stocks · $213.5M
| FLYW Flywire Corp.-Voting | 9.42% | 1,144,903 | $20.1M | Reduce -20.8% |
| RELY Remitly Global Inc. | 9.03% | 859,890 | $19.3M | Reduce -15.3% |
| BY Byline Bancorp Inc. | 8.65% | 490,609 | $18.5M | Reduce -21.4% |
| GLBE Global-E Online Ltd. | 8.46% | 519,947 | $18.1M | Add +23.6% |
| ITGR Integer Holdings Corp. | 7.84% | 179,039 | $16.7M | Add +191.3% |
| RAL Ralliant Corp. | 7.80% | 226,080 | $16.6M | New |
| GIL Gildan Activewear Inc. | 7.64% | 316,073 | $16.3M | Add +28.4% |
| PLOW Douglas Dynamics Inc. | 7.06% | 279,440 | $15.1M | Reduce -13.2% |
| CARG Cargurus Inc. | 6.25% | 391,283 | $13.3M | Add +1.9% |
| FNKO Funko Inc. Class A | 5.83% | 2,116,954 | $12.4M | Reduce -15.8% |
| USFD US Foods Holding Corp. | 4.96% | 103,467 | $10.6M | Add +4.5% |
| SHC Sotera Health Co. | 4.91% | 590,362 | $10.5M | New |
| FELE Franklin Electric Co. Inc. | 4.53% | 90,308 | $9.7M | New |
| LZ Legalzoomcom Inc. | 4.51% | 1,569,055 | $9.6M | Reduce -28.5% |
| GDDY GoDaddy Inc. Class A | 1.56% | 39,236 | $3.3M | Add +0.3% |
| OMDA Omada Health Inc. | 1.39% | 135,300 | $3.0M | New |
| EYE National Vision Holdings Inc. | 0.17% | 18,641 | $354K | Reduce -96.7% |
Portfolio Sells Q1 2026 → Q2 2026
| EWCZ European Wax Center Inc. Class A | Sold out | 0.00% | −10.10 |
| EYE National Vision Holdings Inc. | Reduce -96.7% | 0.17% | −8.10 |
| LZ Legalzoomcom Inc. | Reduce -28.5% | 4.51% | −2.50 |
| BY Byline Bancorp Inc. | Reduce -21.4% | 8.65% | −2.43 |
| DRVN Driven Brands Holdings Inc. | Sold out | 0.00% | −0.65 |
| PLOW Douglas Dynamics Inc. | Reduce -13.2% | 7.06% | −0.56 |
| FLYW Flywire Corp.-Voting | Reduce -20.8% | 9.42% | −0.05 |
| RELY Remitly Global Inc. | Reduce -15.3% | 9.03% | +0.07 |
| FNKO Funko Inc. Class A | Reduce -15.8% | 5.83% | +1.37 |
Portfolio Buys Q1 2026 → Q2 2026
| RAL Ralliant Corp. | New | 7.80% | +7.80 |
| SHC Sotera Health Co. | New | 4.91% | +4.91 |
| ITGR Integer Holdings Corp. | Add +191.3% | 7.84% | +4.79 |
| FELE Franklin Electric Co. Inc. | New | 4.53% | +4.53 |
| OMDA Omada Health Inc. | New | 1.39% | +1.39 |
| GLBE Global-E Online Ltd. | Add +23.6% | 8.46% | +1.15 |
| GIL Gildan Activewear Inc. | Add +28.4% | 7.64% | −0.07 |
| USFD US Foods Holding Corp. | Add +4.5% | 4.96% | −0.18 |
| GDDY GoDaddy Inc. Class A | Add +0.3% | 1.56% | −0.26 |
| CARG Cargurus Inc. | Add +1.9% | 6.25% | −1.11 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 17 | $213.5M | FLYW, RELY, BY, GLBE, ITGR |
| Q1 2026 | 15 | $177.6M | BY, EWCZ, FLYW, RELY, EYE |
| Q4 2025 | 18 | $203.0M | CFLT, BY, DRVN, LZ, PLOW |
| Q3 2025 | 20 | $186.5M | BY, LZ, DRVN, PLOW, GIL |
| Q2 2025 | 18 | $220.3M | BY, DRVN, LZ, IAS, GIL |
| Q1 2025 | 16 | $204.4M | BY, GIL, PLOW, FROG, CWH |
| Q4 2024 | 16 | $250.5M | LZ, ENFN, IAS, BY, PLOW |
| Q3 2024 | 18 | $289.8M | SQSP, ENFN, BY, IAS, SGI |
| Q2 2024 | 21 | $325.9M | BY, ENFN, SQSP, GIL, LZ |
| Q1 2024 | 23 | $352.1M | BY, LZ, ENFN, SQSP, GIL |