Blue Door Asset Management, LLC In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Blue Door Asset Management, LLC reported 18 stock positions worth $174.7 million . Its top holding was PayPal (PYPL) at 14.1% of the portfolio, followed by Perrigo (PRGO, 13.5% ) and Flex (FLEX, 12.0% ). Compared with Q1 2025, it opened 7 new positions, sold out of 2, added to 5 and reduced 5. The biggest buy was a new position in Epam Systems (EPAM) and the biggest sale Avantor (AVTR, shares −55% ).
Location STAMFORD, CT
CIK 0001909147
Portfolio Value $174.7M (Q2 2025) Holdings 18 stocks · $174.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2025 PYPL PayPal Holdings Inc. 331,019 $24.6M Add +4.4% PRGO Perrigo Co. PLC 885,380 $23.7M Add +12.6% FLEX Flex Ltd. 418,250 $20.9M Add +4.3% VRT Vertiv Holdings Co. Class A 139,491 $17.9M Reduce -25.1% NXT Nextpower Inc. filed as NEXTRACKER INC 308,457 $16.8M Reduce -25.9% EPAM Epam Systems Inc. 66,600 $11.8M New JBL Jabil Inc. 53,700 $11.7M Add +21.8% HOLX Hologic Inc. 161,500 $10.5M New PINS Pinterest Inc. Class A 180,200 $6.5M Add +3.4% AGCO Agco Corp. 55,300 $5.7M Reduce -23.0% NICE Nice Ltd. - Spon ADR 31,600 $5.3M New AVTR Avantor Inc. 383,700 $5.2M Reduce -54.7% SMRT Smartrent Inc. 4,811,643 $4.8M Reduce -16.5% AMT American Tower Corp. 14,800 $3.3M New CNH CNH Industrial NV 194,000 $2.5M No change XLE SS Energy Select Sector 20,000 $1.7M New XLB SS Materials Select Sector 14,000 $1.2M New SBAC SBA Communications Corp. 3,000 $705K New
Options reported separately and not counted above: VRT puts ($11.1M), PYPL calls ($7.4M).
Portfolio Sells Q1 2025 → Q2 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▲ AVTR Avantor Inc. Reduce -54.7% 2.96% −7.47 NXT Nextpower Inc. Reduce -25.9% 9.60% −3.72 SMRT Smartrent Inc. Reduce -16.5% 2.73% −2.56 TLT iShares 20+ Year Treasury BD Sold out 0.00% −1.90 AGCO Agco Corp. Reduce -23.0% 3.27% −1.78 GDX Vaneck Gold Miners ETF Sold out 0.00% −0.87 VRT Vertiv Holdings Co. Class A Reduce -25.1% 10.25% +0.05
Portfolio Buys Q1 2025 → Q2 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▼ EPAM Epam Systems Inc. New 6.74% +6.74 HOLX Hologic Inc. New 6.02% +6.02 NICE Nice Ltd. - Spon ADR New 3.06% +3.06 JBL Jabil Inc. Add +21.8% 6.70% +2.15 FLEX Flex Ltd. Add +4.3% 11.95% +1.89 AMT American Tower Corp. New 1.87% +1.87 XLE SS Energy Select Sector New 0.97% +0.97 XLB SS Materials Select Sector New 0.70% +0.70 SBAC SBA Communications Corp. New 0.40% +0.40 PINS Pinterest Inc. Class A Add +3.4% 3.70% −0.40 PYPL PayPal Holdings Inc. Add +4.4% 14.08% −1.61 PRGO Perrigo Co. PLC Add +12.6% 13.54% −3.19
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Sold out 250,000 $19.7Mbefore exit TLT iShares 20+ Year Treasury BD call Sold out 200,000 $18.2Mbefore exit VRT Vertiv Holdings Co. Class A put New 86,700 $11.1M HYG Ishr Ibx Usd Hiyld CB ETF-Ui call Sold out 100,000 $7.9Mbefore exit PRGO Perrigo Co. PLC call Sold out 100,000 $2.8Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 18 $194.3M FLEX, WAY, GXO, A, NICE Q1 2026 16 $153.0M FLEX, NXT, WAY, SKY, A Q4 2025 18 $159.6M FLEX, EPAM, NICE, WAY, NXT Q3 2025 23 $176.7M FLEX, PYPL, NXT, EPAM, VRT Q2 2025 18 $174.7M PYPL, PRGO, FLEX, VRT, NXT Q1 2025 13 $131.8M PRGO, PYPL, NXT, AVTR, VRT Q4 2024 13 $150.5M PYPL, PRGO, FLEX, VRT, NXT Q3 2024 14 $144.8M FLEX, PRGO, PYPL, VRT, NXT Q2 2024 16 $147.3M PRGO, PYPL, FLEX, HOLX, SMRT Q1 2024 14 $147.8M FLEX, HOLX, NXT, PYPL, PRGO