Divisadero Street Capital Management, LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Divisadero Street Capital Management, LP reported 81 stock positions worth $799.9 million. Its top holding was Sharkninja (SN) at 8.7% of the portfolio, followed by Rush Street Interactive (RSI, 8.2%) and Dave (DAVE, 6.2%). Compared with Q3 2024, it opened 32 new positions, sold out of 21, added to 15 and reduced 25. The biggest buy was Dave (DAVE, shares +56%) and the biggest sale Abercrombie & Fitch Class A (ANF, shares −74%).
- Most Recent 13F
- Q2 2026
- Location
- MIAMI, FL
- CIK
- 0001901865
- Portfolio Value
- $799.9M (Q4 2024)
- SEC Filing
- 0000919574-25-001257 ↗ filed Feb 14, 2025
Holdings Value
Holdings 81 stocks · $799.9M
| SN Sharkninja Inc. | 8.70% | 714,498 | $69.6M | Add +50.0% |
| RSI Rush Street Interactive Inc. | 8.18% | 4,766,612 | $65.4M | Reduce -7.0% |
| DAVE Dave Inc. | 6.19% | 569,680 | $49.5M | Add +55.7% |
| EAT Brinker International Inc. | 6.09% | 368,273 | $48.7M | Add +22.8% |
| JILL J. Jill Inc. | 5.50% | 1,592,886 | $44.0M | Add +6.1% |
| CVNA Carvana Co. | 5.02% | 197,500 | $40.2M | Reduce -48.1% |
| HIMS Hims & Hers Health Inc. | 3.90% | 1,289,704 | $31.2M | Reduce -44.3% |
| GENI Genius Sports Ltd. | 3.84% | 3,551,751 | $30.7M | Add +32386.5% |
| VITL Vital Farms Inc. | 3.69% | 783,963 | $29.5M | Reduce -47.1% |
| RXST Rxsight Inc. | 3.49% | 812,535 | $27.9M | Add +5.0% |
| HNST The Honest Co. Inc. | 2.96% | 3,421,945 | $23.7M | New |
| WGS Genedx Holdings Corp. | 2.77% | 288,240 | $22.2M | Add +29.9% |
| RELY Remitly Global Inc. | 2.47% | 875,003 | $19.7M | Add +293.3% |
| ANF Abercrombie & Fitch Co. Class A | 2.15% | 114,916 | $17.2M | Reduce -74.0% |
| GPGI Gpgi Inc. filed as COMPOSECURE INC | 2.01% | 1,048,566 | $16.1M | New |
| CDNA Caredx Inc. | 1.91% | 711,761 | $15.2M | New |
| EZPW Ezcorp Inc. Class A | 1.90% | 1,246,445 | $15.2M | Add +1699.2% |
| DESP Despegar.com Corp. | 1.81% | 751,513 | $14.5M | Add +75.6% |
| FNKO Funko Inc. Class A | 1.72% | 1,029,351 | $13.8M | New |
| TNDM Tandem Diabetes Care Inc. | 1.62% | 360,232 | $13.0M | Reduce -65.8% |
| GRPN Groupon Inc. | 1.59% | 1,045,472 | $12.7M | Reduce -59.7% |
| EVER Everquote Inc. Class A | 1.54% | 615,866 | $12.3M | New |
| MCW Mister Car Wash Inc. | 1.30% | 1,425,491 | $10.4M | New |
| TMDX Transmedics Group Inc. | 1.24% | 158,480 | $9.9M | Add +312.8% |
| HZO Marinemax Inc. | 1.06% | 293,701 | $8.5M | New |
| PTON Peloton Interactive Inc. Class A | 0.90% | 825,000 | $7.2M | Reduce -28.3% |
| ESTA Establishment Labs Holdings | 0.87% | 150,772 | $6.9M | Reduce -55.8% |
| BXC Bluelinx Holdings Inc. | 0.84% | 65,545 | $6.7M | Add +9.2% |
| UTI Universal Technical Institut | 0.84% | 260,000 | $6.7M | New |
| ATRC Atricure Inc. | 0.81% | 212,982 | $6.5M | Reduce -83.6% |
| AS Amer Sports Inc. | 0.77% | 220,000 | $6.2M | Reduce -49.4% |
| CLFD Clearfield Inc. | 0.69% | 177,047 | $5.5M | Reduce -15.3% |
| CALX Calix Inc. | 0.67% | 154,742 | $5.4M | New |
| SRAD Sportradar Group AG-A | 0.65% | 300,000 | $5.2M | Reduce -85.2% |
| VMD Viemed Healthcare Inc. | 0.65% | 646,273 | $5.2M | Add +84.8% |
| CARG Cargurus Inc. | 0.62% | 135,000 | $4.9M | New |
| ANGO Angiodynamics Inc. | 0.59% | 514,635 | $4.7M | New |
| PRTH Priority Technology Holdings | 0.57% | 385,043 | $4.5M | New |
| SYM Symbotic Inc. | 0.56% | 187,317 | $4.4M | New |
| BRBR Bellring Brands Inc. | 0.53% | 55,770 | $4.2M | Reduce -0.0% |
| FIVN FIVE9 Inc. | 0.51% | 100,000 | $4.1M | New |
| NSSC Napco Security Technologies | 0.50% | 111,566 | $4.0M | No change |
| DKNG Draftkings Inc. Class A | 0.45% | 97,483 | $3.6M | Reduce -51.3% |
| VSXY Victoria's Secret & Co. | 0.44% | 85,910 | $3.6M | New |
| COCO The Vita Coco Co. Inc. | 0.42% | 90,183 | $3.3M | Reduce -46.3% |
| CRMT America's Car-Mart Inc. | 0.38% | 58,687 | $3.0M | Add +1050.7% |
| LWAY Lifeway Foods Inc. | 0.37% | 117,951 | $2.9M | New |
| QNST Quinstreet Inc. | 0.35% | 120,000 | $2.8M | New |
| XPOF Xponential Fitness Inc. Class A | 0.31% | 181,858 | $2.4M | No change |
| LOCO El Pollo Loco Holdings Inc. | 0.30% | 206,785 | $2.4M | Reduce -17.1% |
| WLDN Willdan Group Inc. | 0.26% | 55,328 | $2.1M | Reduce -11.5% |
| INGN Inogen Inc. | 0.23% | 200,000 | $1.8M | Reduce -81.1% |
| CHGG Chegg Inc. | 0.22% | 1,107,992 | $1.8M | No change |
| BBW Build-A-Bear Workshop Inc. | 0.20% | 34,502 | $1.6M | No change |
| ODP The Odp Corp. filed as THE ODP CORP | 0.19% | 68,328 | $1.6M | New |
| ARHS Arhaus Inc. | 0.17% | 142,556 | $1.3M | New |
| REAL The Realreal Inc. filed as THE REALREAL INC | 0.15% | 112,306 | $1.2M | Reduce -12.6% |
| ATEC Alphatec Holdings Inc. | 0.14% | 119,348 | $1.1M | New |
| ZIP Ziprecruiter Inc. Class A | 0.14% | 150,000 | $1.1M | New |
| FATAQ Fat Brands Inc. Class A | 0.12% | 175,428 | $933K | No change |
| PACK Ranpak Holdings Corp. | 0.10% | 120,752 | $831K | New |
| PTLO Portillo's Inc. Class A | 0.08% | 67,263 | $632K | No change |
| SPIR Spire Global Inc. | 0.07% | 38,365 | $540K | New |
| LTH Life Time Group Holdings Inc. | 0.07% | 24,066 | $532K | Reduce -96.8% |
| AIOT Powerfleet Inc. | 0.07% | 78,203 | $521K | New |
| RAMP Liveramp Holdings Inc. | 0.06% | 16,518 | $502K | Reduce -92.4% |
| SKIN Skinhealth Systems Inc. filed as THE BEAUTY HEALTH COMPANY | 0.06% | 311,600 | $495K | Reduce -74.0% |
| MDXG Mimedx Group Inc. | 0.06% | 48,220 | $464K | New |
| AXGN Axogen Inc. | 0.06% | 26,972 | $444K | Add +2.7% |
| YEXT Yext Inc. | 0.06% | 69,130 | $440K | New |
| ZIMV Zimvie Inc. | 0.05% | 29,969 | $418K | New |
| CTRN Citi Trends Inc. | 0.04% | 12,276 | $322K | No change |
| TALK Talkspace Inc. | 0.04% | 103,956 | $321K | Reduce -33.2% |
| ARLO Arlo Technologies Inc. | 0.04% | 25,000 | $280K | New |
| COUR Coursera Inc. | 0.03% | 32,641 | $277K | New |
| GKOS Glaukos Corp. | 0.03% | 1,791 | $269K | New |
| PBPB Potbelly Corp. | 0.02% | 17,000 | $160K | New |
| AHCO Adapthealth Corp. | 0.02% | 13,226 | $126K | Reduce -52.1% |
| COMP Compass Inc. Class A | 0.01% | 20,183 | $118K | New |
| PRPL Purple Innovation Inc. | 0.01% | 138,605 | $108K | No change |
| BMBL Bumble Inc. Class A | 0.01% | 11,000 | $90K | No change |
Options reported separately and not counted above: SN calls ($34.5M), DAVE calls ($13.0M), RXST calls ($5.2M), HNST calls ($3.5M).
Portfolio Sells Q3 2024 → Q4 2024
| ANF Abercrombie & Fitch Co. Class A | Reduce -74.0% | 2.15% | −5.80 |
| TNDM Tandem Diabetes Care Inc. | Reduce -65.8% | 1.62% | −4.12 |
| ATRC Atricure Inc. | Reduce -83.6% | 0.81% | −3.86 |
| CVNA Carvana Co. | Reduce -48.1% | 5.02% | −3.51 |
| VITL Vital Farms Inc. | Reduce -47.1% | 3.69% | −3.00 |
| SRAD Sportradar Group AG-A | Reduce -85.2% | 0.65% | −2.51 |
| LTH Life Time Group Holdings Inc. | Reduce -96.8% | 0.07% | −2.27 |
| MAX Mediaalpha Inc. Class A | Sold out | 0.00% | −1.74 |
| GRPN Groupon Inc. | Reduce -59.7% | 1.59% | −1.68 |
| HIMS Hims & Hers Health Inc. | Reduce -44.3% | 3.90% | −1.59 |
| FRPT Freshpet Inc. | Sold out | 0.00% | −1.22 |
| INGN Inogen Inc. | Reduce -81.1% | 0.23% | −1.09 |
| ESTA Establishment Labs Holdings | Reduce -55.8% | 0.87% | −1.03 |
| LFMD Lifemd Inc. | Sold out | 0.00% | −1.02 |
| EXTR Extreme Networks Inc. | Sold out | 0.00% | −0.91 |
| CELH Celsius Holdings Inc. | Sold out | 0.00% | −0.86 |
| RAMP Liveramp Holdings Inc. | Reduce -92.4% | 0.06% | −0.63 |
| SGHT Sight Sciences Inc. | Sold out | 0.00% | −0.58 |
| DKNG Draftkings Inc. Class A | Reduce -51.3% | 0.45% | −0.56 |
| CLFD Clearfield Inc. | Reduce -15.3% | 0.69% | −0.36 |
| SBH Sally Beauty Holdings Inc. | Sold out | 0.00% | −0.35 |
| SONO Sonos Inc. | Sold out | 0.00% | −0.24 |
| HROW Harrow Inc. | Sold out | 0.00% | −0.21 |
| COCO The Vita Coco Co. Inc. | Reduce -46.3% | 0.42% | −0.20 |
| SKIN Skinhealth Systems Inc. | Reduce -74.0% | 0.06% | −0.16 |
| LOCO El Pollo Loco Holdings Inc. | Reduce -17.1% | 0.30% | −0.14 |
| PZZA Papa John's Intl Inc. | Sold out | 0.00% | −0.14 |
| ACVA Acv Auctions Inc. Class A | Sold out | 0.00% | −0.13 |
| AS Amer Sports Inc. | Reduce -49.4% | 0.77% | −0.12 |
| DXLG Destination XL Group Inc. | Sold out | 0.00% | −0.12 |
| EWCZ European Wax Center Inc. Class A | Sold out | 0.00% | −0.12 |
| PGNY Progyny Inc. | Sold out | 0.00% | −0.11 |
| KSS Kohls Corp. | Sold out | 0.00% | −0.09 |
| TMCI Treace Medical Concepts Inc. | Sold out | 0.00% | −0.09 |
| SG Sweetgreen Inc. Class A | Sold out | 0.00% | −0.08 |
| OFIX Orthofix Medical Inc. | Sold out | 0.00% | −0.07 |
| WLDN Willdan Group Inc. | Reduce -11.5% | 0.26% | −0.07 |
| DBI Designer Brands Inc. Class A | Sold out | 0.00% | −0.05 |
| CVRX CVRX Inc. | Sold out | 0.00% | −0.03 |
| AHCO Adapthealth Corp. | Reduce -52.1% | 0.02% | −0.02 |
| STIM Neuronetics Inc. | Sold out | 0.00% | −0.00 |
| TALK Talkspace Inc. | Reduce -33.2% | 0.04% | −0.00 |
| BRBR Bellring Brands Inc. | Reduce -0.0% | 0.53% | +0.09 |
| REAL The Realreal Inc. | Reduce -12.6% | 0.15% | +0.10 |
| PTON Peloton Interactive Inc. Class A | Reduce -28.3% | 0.90% | +0.20 |
| RSI Rush Street Interactive Inc. | Reduce -7.0% | 8.18% | +1.02 |
Portfolio Buys Q3 2024 → Q4 2024
| DAVE Dave Inc. | Add +55.7% | 6.19% | +4.31 |
| GENI Genius Sports Ltd. | Add +32386.5% | 3.84% | +3.83 |
| EAT Brinker International Inc. | Add +22.8% | 6.09% | +3.14 |
| HNST The Honest Co. Inc. | New | 2.96% | +2.96 |
| RELY Remitly Global Inc. | Add +293.3% | 2.47% | +2.09 |
| SN Sharkninja Inc. | Add +50.0% | 8.70% | +2.03 |
| GPGI Gpgi Inc. | New | 2.01% | +2.01 |
| CDNA Caredx Inc. | New | 1.91% | +1.91 |
| EZPW Ezcorp Inc. Class A | Add +1699.2% | 1.90% | +1.80 |
| FNKO Funko Inc. Class A | New | 1.72% | +1.72 |
| WGS Genedx Holdings Corp. | Add +29.9% | 2.77% | +1.56 |
| EVER Everquote Inc. Class A | New | 1.54% | +1.54 |
| MCW Mister Car Wash Inc. | New | 1.30% | +1.30 |
| DESP Despegar.com Corp. | Add +75.6% | 1.81% | +1.13 |
| HZO Marinemax Inc. | New | 1.06% | +1.06 |
| UTI Universal Technical Institut | New | 0.84% | +0.84 |
| JILL J. Jill Inc. | Add +6.1% | 5.50% | +0.73 |
| CALX Calix Inc. | New | 0.67% | +0.67 |
| CARG Cargurus Inc. | New | 0.62% | +0.62 |
| ANGO Angiodynamics Inc. | New | 0.59% | +0.59 |
| PRTH Priority Technology Holdings | New | 0.57% | +0.57 |
| SYM Symbotic Inc. | New | 0.56% | +0.56 |
| FIVN FIVE9 Inc. | New | 0.51% | +0.51 |
| TMDX Transmedics Group Inc. | Add +312.8% | 1.24% | +0.46 |
| VSXY Victoria's Secret & Co. | New | 0.44% | +0.44 |
| LWAY Lifeway Foods Inc. | New | 0.37% | +0.37 |
| CRMT America's Car-Mart Inc. | Add +1050.7% | 0.38% | +0.35 |
| QNST Quinstreet Inc. | New | 0.35% | +0.35 |
| VMD Viemed Healthcare Inc. | Add +84.8% | 0.65% | +0.32 |
| ODP The Odp Corp. | New | 0.19% | +0.19 |
| ARHS Arhaus Inc. | New | 0.17% | +0.17 |
| ATEC Alphatec Holdings Inc. | New | 0.14% | +0.14 |
| ZIP Ziprecruiter Inc. Class A | New | 0.14% | +0.14 |
| PACK Ranpak Holdings Corp. | New | 0.10% | +0.10 |
| SPIR Spire Global Inc. | New | 0.07% | +0.07 |
| AIOT Powerfleet Inc. | New | 0.07% | +0.07 |
| MDXG Mimedx Group Inc. | New | 0.06% | +0.06 |
| YEXT Yext Inc. | New | 0.06% | +0.06 |
| ZIMV Zimvie Inc. | New | 0.05% | +0.05 |
| ARLO Arlo Technologies Inc. | New | 0.04% | +0.04 |
| COUR Coursera Inc. | New | 0.03% | +0.03 |
| GKOS Glaukos Corp. | New | 0.03% | +0.03 |
| BXC Bluelinx Holdings Inc. | Add +9.2% | 0.84% | +0.02 |
| PBPB Potbelly Corp. | New | 0.02% | +0.02 |
| COMP Compass Inc. Class A | New | 0.01% | +0.01 |
| AXGN Axogen Inc. | Add +2.7% | 0.06% | +0.01 |
| RXST Rxsight Inc. | Add +5.0% | 3.49% | −1.43 |
Options Activity Q3 2024 → Q4 2024
| SN Sharkninja Inc. | call | New | 354,100 | $34.5M |
| VITL Vital Farms Inc. | call | Sold out | 741,900 | $26.0Mbefore exit |
| RSI Rush Street Interactive Inc. | call | Sold out | 1,380,800 | $15.0Mbefore exit |
| DAVE Dave Inc. | call | New | 150,000 | $13.0M |
| TNDM Tandem Diabetes Care Inc. | call | Sold out | 141,700 | $6.0Mbefore exit |
| RXST Rxsight Inc. | call | New | 150,000 | $5.2M |
| HNST The Honest Co. Inc. | call | New | 500,000 | $3.5M |
| HIMS Hims & Hers Health Inc. | call | Sold out | 5,900 | $109Kbefore 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 | 140 | $4.3B | SEZL, CVNA, SGHC, DAVE, HIMS |
| Q1 2026 | 115 | $2.1B | SGHC, RSI, DAVE, CELH, CLS |
| Q4 2025 | 88 | $1.8B | SGHC, INDV, AS, CVNA, SN |
| Q3 2025 | 165 | $2.2B | DAVE, SGHC, SEZL, TPB, INDV |
| Q2 2025 | 131 | $1.5B | SEZL, DAVE, RSI, RELY, TPB |
| Q1 2025 | 90 | $869.6M | DAVE, RSI, SEZL, EAT, GENI |
| Q4 2024 | 81 | $799.9M | SN, RSI, DAVE, EAT, JILL |
| Q3 2024 | 70 | $777.2M | CVNA, ANF, RSI, VITL, SN |
| Q2 2024 | 59 | $611.9M | ANF, GRPN, HIMS, SN, RSI |
| Q1 2024 | 55 | $425.9M | ANF, SN, RSI, HIMS, UPWK |