Blue Grotto Capital, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Blue Grotto Capital, LLC reported 25 stock positions worth $492.8 million. Its top holding was Mitek Systems (MITK) at 8.2% of the portfolio, followed by Sea Ltd.-ADR (SE, 7.9%) and Alphabet Class C (GOOG, 6.8%). Compared with Q4 2023, it opened 8 new positions, sold out of 8, added to 6 and reduced 11. The biggest buy was a new position in Nice Ltd. - Spon ADR (NICE) and the biggest sale an exit from PayPal (PYPL).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001764725
- Portfolio Value
- $492.8M (Q1 2024)
- SEC Filing
- 0001315863-24-000460 ↗ filed May 14, 2024
Holdings Value
Holdings 25 stocks · $492.8M
| MITK Mitek Systems Inc. | 8.22% | 2,871,109 | $40.5M | Reduce -17.0% |
| SE Sea Ltd.-ADR | 7.94% | 728,071 | $39.1M | Add +4.0% |
| GOOG Alphabet Inc. Class C | 6.80% | 220,000 | $33.5M | Add +14.2% |
| NICE Nice Ltd. - Spon ADR | 6.08% | 115,007 | $30.0M | New |
| APP AppLovin Corp. Class A | 5.99% | 426,374 | $29.5M | New |
| PRSU Pursuit Attractions and Hosp filed as VIAD CORP | 5.89% | 735,000 | $29.0M | Reduce -10.6% |
| TKO Tko Group Holdings Inc. | 5.56% | 317,259 | $27.4M | New |
| GNRC Generac Holdings Inc. | 4.84% | 189,100 | $23.9M | New |
| CNQ Canadian Natural Resources | 4.65% | 300,024 | $22.9M | Add +41.5% |
| NWSA News Corp. Class A | 4.25% | 800,000 | $20.9M | Reduce -13.1% |
| DESP Despegar.com Corp. | 4.25% | 1,750,000 | $20.9M | New |
| CACI Caci International Inc. Class A | 4.23% | 55,000 | $20.8M | Reduce -41.7% |
| LYV Live Nation Entertainment Inc. | 3.99% | 185,877 | $19.7M | New |
| META Meta Platforms Inc. Class A | 3.84% | 38,939 | $18.9M | Reduce -61.1% |
| AMZN Amazon.com Inc. | 3.66% | 100,000 | $18.0M | Add +2.4% |
| VECO Veeco Instruments Inc. | 3.40% | 476,100 | $16.7M | Add +28.7% |
| WTW Willis Towers Watson PLC | 3.35% | 60,000 | $16.5M | New |
| MKSI MKS Inc. filed as MKS INSTRS INC | 3.10% | 115,000 | $15.3M | New |
| V Visa Inc. Class A | 2.46% | 43,396 | $12.1M | Add +44.6% |
| AMD Advanced Micro Devices | 1.83% | 50,000 | $9.0M | Reduce -50.0% |
| VRT Vertiv Holdings Co. Class A | 1.66% | 100,000 | $8.2M | Reduce -84.5% |
| VRRM Verra Mobility Corp. | 1.37% | 270,000 | $6.7M | Reduce -68.2% |
| PRFT Perficient Inc. | 1.03% | 90,000 | $5.1M | Reduce -64.1% |
| TREE Lendingtree Inc. | 0.84% | 97,232 | $4.1M | Reduce -40.2% |
| FC Franklin Covey Co. | 0.80% | 100,000 | $3.9M | Reduce -30.3% |
Portfolio Sells Q4 2023 → Q1 2024
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −5.79 |
| VRT Vertiv Holdings Co. Class A | Reduce -84.5% | 1.66% | −5.13 |
| META Meta Platforms Inc. Class A | Reduce -61.1% | 3.84% | −3.91 |
| FIX Comfort Systems USA Inc. | Sold out | 0.00% | −3.86 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −3.54 |
| VRRM Verra Mobility Corp. | Reduce -68.2% | 1.37% | −2.92 |
| GE General Electric | Sold out | 0.00% | −2.79 |
| PRFT Perficient Inc. | Reduce -64.1% | 1.03% | −2.58 |
| CACI Caci International Inc. Class A | Reduce -41.7% | 4.23% | −2.46 |
| MAT Mattel Inc. | Sold out | 0.00% | −2.41 |
| MITK Mitek Systems Inc. | Reduce -17.0% | 8.22% | −1.67 |
| AMD Advanced Micro Devices | Reduce -50.0% | 1.83% | −1.40 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −1.36 |
| FNF Fidelity National Financial | Sold out | 0.00% | −1.12 |
| NWSA News Corp. Class A | Reduce -13.1% | 4.25% | −0.70 |
| PRSU Pursuit Attractions and Hosp | Reduce -10.6% | 5.89% | −0.63 |
| FC Franklin Covey Co. | Reduce -30.3% | 0.80% | −0.57 |
| ACVA Acv Auctions Inc. Class A | Sold out | 0.00% | −0.32 |
| TREE Lendingtree Inc. | Reduce -40.2% | 0.84% | −0.24 |
Portfolio Buys Q4 2023 → Q1 2024
| NICE Nice Ltd. - Spon ADR | New | 6.08% | +6.08 |
| APP AppLovin Corp. Class A | New | 5.99% | +5.99 |
| TKO Tko Group Holdings Inc. | New | 5.56% | +5.56 |
| GNRC Generac Holdings Inc. | New | 4.84% | +4.84 |
| DESP Despegar.com Corp. | New | 4.25% | +4.25 |
| LYV Live Nation Entertainment Inc. | New | 3.99% | +3.99 |
| WTW Willis Towers Watson PLC | New | 3.35% | +3.35 |
| MKSI MKS Inc. | New | 3.10% | +3.10 |
| SE Sea Ltd.-ADR | Add +4.0% | 7.94% | +1.73 |
| CNQ Canadian Natural Resources | Add +41.5% | 4.65% | +1.61 |
| VECO Veeco Instruments Inc. | Add +28.7% | 3.40% | +0.89 |
| GOOG Alphabet Inc. Class C | Add +14.2% | 6.80% | +0.85 |
| V Visa Inc. Class A | Add +44.6% | 2.46% | +0.75 |
| AMZN Amazon.com Inc. | Add +2.4% | 3.66% | +0.41 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $1.2B | SN, TLN, TSM, CACI, RBA |
| Q1 2026 | 21 | $867.6M | MKSI, CACI, SN, TLN, AKAM |
| Q4 2025 | 24 | $973.1M | SN, MKSI, SE, TLN, CRH |
| Q3 2025 | 26 | $862.3M | FIX, SE, TKO, CRS, AMZN |
| Q2 2025 | 26 | $828.5M | SE, FIX, TKO, AMZN, TWLO |
| Q1 2025 | 26 | $523.7M | CRS, SE, TKO, AMZN, FIX |
| Q4 2024 | 27 | $547.2M | CRS, SE, TKO, DESP, AMZN |
| Q3 2024 | 25 | $538.5M | CRS, VRT, AMZN, TKO, CACI |
| Q2 2024 | 23 | $497.8M | SE, META, TKO, DESP, MITK |
| Q1 2024 | 25 | $492.8M | MITK, SE, GOOG, NICE, APP |