In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Blue Grotto Capital, LLC reported 26 stock positions worth $828.5 million . Its top holding was Sea Ltd.-ADR (SE) at 9.1% of the portfolio, followed by Comfort Systems USA (FIX, 8.7% ) and Tko (TKO, 7.6% ). Compared with Q1 2025, it opened 8 new positions, sold out of 8, added to 14 and reduced 4. The biggest buy was a new position in Taiwan Semiconductor-SP ADR (TSM) and the biggest sale an exit from Beacon Roofing Supply (BECN).
Location ATLANTA, GA
CIK 0001764725
Portfolio Value $828.5M (Q2 2025) Holdings 26 stocks · $828.5M 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 SE Sea Ltd.-ADR 473,500 $75.7M Add +48.0% FIX Comfort Systems USA Inc. 133,817 $71.8M Add +33.8% TKO Tko Group Holdings Inc. 347,556 $63.2M Add +33.7% AMZN Amazon.com Inc. 262,308 $57.5M Add +31.1% TWLO Twilio Inc. Class A 428,352 $53.3M Add +104.0% CRS Carpenter Technology 160,000 $44.2M Reduce -36.0% TPR Tapestry Inc. 472,872 $41.5M Add +195.5% CACI Caci International Inc. Class A 86,906 $41.4M Add +199.7% TSM Taiwan Semiconductor-SP ADR 153,742 $34.8M New CRH CRH PLC 377,347 $34.6M Add +55.4% VRT Vertiv Holdings Co. Class A 240,000 $30.8M New V Visa Inc. Class A 83,694 $29.7M Add +174.5% OKTA Okta Inc. 252,801 $25.3M Add +80.6% TTWO Take-Two Interactive Softwre 103,977 $25.3M Add +2.0% NVDA Nvidia Corp. 158,842 $25.1M New SN Sharkninja Inc. 250,180 $24.8M New ARW Arrow Electronics Inc. 165,468 $21.1M Add +42.0% META Meta Platforms Inc. Class A 26,198 $19.3M Reduce -34.5% MKSI MKS Inc. 187,151 $18.6M Reduce -47.3% CIB Grupo Cibest SA-ADR 350,111 $16.2M Add +73.1% TRIP Tripadvisor Inc. 1,201,962 $15.7M New TREE Lendingtree Inc. 382,610 $14.2M Add +27.3% U Unity Software Inc. 582,766 $14.1M New GRAB Grab Holdings Ltd. Class A 2,603,982 $13.1M New NWSA News Corp. Class A 346,450 $10.3M Reduce -44.1% MGNI Magnite Inc. 284,804 $6.9M New
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 ▲ BECN Beacon Roofing Supply Inc. Sold out 0.00% −4.72 NTNX Nutanix Inc. Class A Sold out 0.00% −3.91 MU Micron Technology Inc. Sold out 0.00% −3.32 CRS Carpenter Technology Reduce -36.0% 5.34% −3.31 GNRC Generac Holdings Inc. Sold out 0.00% −3.31 MKSI MKS Inc. Reduce -47.3% 2.24% −3.19 AMAT Applied Materials Inc. Sold out 0.00% −2.08 META Meta Platforms Inc. Class A Reduce -34.5% 2.33% −2.07 NWSA News Corp. Class A Reduce -44.1% 1.24% −1.98 HOOD Robinhood Markets Inc. Class A Sold out 0.00% −1.59 ROKU Roku Inc. Sold out 0.00% −1.48 NCLH Norwegian Cruise Line Holdin Sold out 0.00% −1.09
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 ▼ TSM Taiwan Semiconductor-SP ADR New 4.20% +4.20 VRT Vertiv Holdings Co. Class A New 3.72% +3.72 NVDA Nvidia Corp. New 3.03% +3.03 SN Sharkninja Inc. New 2.99% +2.99 CACI Caci International Inc. Class A Add +199.7% 5.00% +2.97 TPR Tapestry Inc. Add +195.5% 5.01% +2.86 FIX Comfort Systems USA Inc. Add +33.8% 8.66% +2.51 TWLO Twilio Inc. Class A Add +104.0% 6.43% +2.50 TRIP Tripadvisor Inc. New 1.89% +1.89 U Unity Software Inc. New 1.70% +1.70 GRAB Grab Holdings Ltd. Class A New 1.58% +1.58 V Visa Inc. Class A Add +174.5% 3.59% +1.55 SE Sea Ltd.-ADR Add +48.0% 9.14% +1.17 MGNI Magnite Inc. New 0.83% +0.83 CIB Grupo Cibest SA-ADR Add +73.1% 1.95% +0.40 OKTA Okta Inc. Add +80.6% 3.05% +0.24 ARW Arrow Electronics Inc. Add +42.0% 2.54% +0.24 CRH CRH PLC Add +55.4% 4.18% +0.10 TKO Tko Group Holdings Inc. Add +33.7% 7.63% +0.05 AMZN Amazon.com Inc. Add +31.1% 6.95% −0.32 TTWO Take-Two Interactive Softwre Add +2.0% 3.05% −0.98 TREE Lendingtree Inc. Add +27.3% 1.71% −1.17
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ QQQ Invesco QQQ Trust Series 1 put Sold out 187,500 $87.9Mbefore 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 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