In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Blue Grotto Capital, LLC reported 26 stock positions worth $523.7 million . Its top holding was Carpenter Technology (CRS) at 8.6% of the portfolio, followed by Sea Ltd.-ADR (SE, 8.0% ) and Tko (TKO, 7.6% ). Compared with Q4 2024, it opened 8 new positions, sold out of 9, added to 8 and reduced 10. The biggest buy was a new position in Twilio Class A (TWLO) and the biggest sale an exit from Despegar.com (DESP).
Location ATLANTA, GA
CIK 0001764725
Portfolio Value $523.7M (Q1 2025) Holdings 26 stocks · $523.7M 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 Q4 2024 CRS Carpenter Technology 250,000 $45.3M Reduce -10.0% SE Sea Ltd.-ADR 320,000 $41.8M Reduce -15.8% TKO Tko Group Holdings Inc. 260,000 $39.7M Reduce -6.1% AMZN Amazon.com Inc. 200,000 $38.1M Add +29.5% FIX Comfort Systems USA Inc. 100,000 $32.2M Add +79.9% MKSI MKS Inc. filed as MKS INSTRS INC 355,221 $28.5M Add +313.1% BECN Beacon Roofing Supply Inc. 200,000 $24.7M Reduce -14.4% META Meta Platforms Inc. Class A 40,000 $23.1M Add +14.3% CRH CRH PLC 242,852 $21.4M Reduce -19.1% TTWO Take-Two Interactive Softwre 101,899 $21.1M Reduce -9.7% TWLO Twilio Inc. Class A 210,000 $20.6M New NTNX Nutanix Inc. Class A 293,506 $20.5M Add +54.5% MU Micron Technology Inc. 200,000 $17.4M Add +30.3% GNRC Generac Holdings Inc. 136,744 $17.3M Reduce -27.7% NWSA News Corp. Class A 620,228 $16.9M Add +3.4% TREE Lendingtree Inc. 300,479 $15.1M Reduce -0.4% OKTA Okta Inc. 140,000 $14.7M Reduce -6.5% ARW Arrow Electronics Inc. 116,500 $12.1M New TPR Tapestry Inc. 160,000 $11.3M New AMAT Applied Materials Inc. 75,000 $10.9M New V Visa Inc. Class A 30,490 $10.7M Add +103.3% CACI Caci International Inc. Class A 29,000 $10.6M Reduce -52.6% HOOD Robinhood Markets Inc. Class A 200,000 $8.3M New BANCOLOMBIA S.A.-SPONS ADR 202,310 $8.1M New ROKU Roku Inc. 110,000 $7.7M New NCLH Norwegian Cruise Line Holdin 300,000 $5.7M New
Options reported separately and not counted above: QQQ puts ($87.9M).
Portfolio Sells Q4 2024 → Q1 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 Q4 2024 % Of Portfolio Change To Portfolio ▲ DESP Despegar.com Corp. Sold out 0.00% −6.50 DAL Delta Air Lines Inc. Sold out 0.00% −4.58 LYV Live Nation Entertainment Inc. Sold out 0.00% −4.26 VRT Vertiv Holdings Co. Class A Sold out 0.00% −3.11 CACI Caci International Inc. Class A Reduce -52.6% 2.03% −2.49 APP AppLovin Corp. Class A Sold out 0.00% −2.37 GNRC Generac Holdings Inc. Reduce -27.7% 3.31% −2.05 NVDA Nvidia Corp. Sold out 0.00% −1.51 PRSU Pursuit Attractions and Hosp Sold out 0.00% −1.15 CRH CRH PLC Reduce -19.1% 4.08% −0.99 MITK Mitek Systems Inc. Sold out 0.00% −0.91 SNBRQ Sleep Number Corp. Sold out 0.00% −0.81 CRS Carpenter Technology Reduce -10.0% 8.65% +0.03 TTWO Take-Two Interactive Softwre Reduce -9.7% 4.03% +0.23 BECN Beacon Roofing Supply Inc. Reduce -14.4% 4.72% +0.39 TKO Tko Group Holdings Inc. Reduce -6.1% 7.59% +0.40 SE Sea Ltd.-ADR Reduce -15.8% 7.97% +0.61 OKTA Okta Inc. Reduce -6.5% 2.81% +0.66 TREE Lendingtree Inc. Reduce -0.4% 2.88% +0.75
Portfolio Buys Q4 2024 → Q1 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 Q4 2024 % Of Portfolio Change To Portfolio ▼ TWLO Twilio Inc. Class A New 3.93% +3.93 MKSI MKS Inc. Add +313.1% 5.44% +3.80 ARW Arrow Electronics Inc. New 2.31% +2.31 TPR Tapestry Inc. New 2.15% +2.15 AMAT Applied Materials Inc. New 2.08% +2.08 FIX Comfort Systems USA Inc. Add +79.9% 6.15% +1.85 NTNX Nutanix Inc. Class A Add +54.5% 3.91% +1.79 HOOD Robinhood Markets Inc. Class A New 1.59% +1.59 BANCOLOMBIA S.A.-SPONS ADR New 1.55% +1.55 ROKU Roku Inc. New 1.48% +1.48 V Visa Inc. Class A Add +103.3% 2.04% +1.17 NCLH Norwegian Cruise Line Holdin New 1.09% +1.09 AMZN Amazon.com Inc. Add +29.5% 7.27% +1.08 MU Micron Technology Inc. Add +30.3% 3.32% +0.96 META Meta Platforms Inc. Class A Add +14.3% 4.40% +0.66 NWSA News Corp. Class A Add +3.4% 3.22% +0.20
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ QQQ Invesco QQQ Trust Series 1 put New 187,500 $87.9M
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 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