Divisadero Street Capital Management, LP

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Divisadero Street Capital Management, LP reported 140 stock positions worth $4.3 billion. Its top holding was Sezzle (SEZL) at 6.6% of the portfolio, followed by Carvana (CVNA, 6.4%) and Super Group SGHC (SGHC, 6.4%). Compared with Q1 2026, it opened 51 new positions, sold out of 26, added to 39 and reduced 30. The biggest buy was Hims & Hers Health (HIMS, shares +1179%) and the biggest sale Celsius (CELH, shares −28%).

Most Recent 13F
Q2 2026
Location
MIAMI, FL
CIK
0001901865
Portfolio Value
$4.3B (Q2 2026)
SEC Filing
0001901865-26-000002 ↗ filed Aug 14, 2026

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $425.9M Q1 2024 Q2 2024: $611.9M Q2 2024 Q3 2024: $777.2M Q3 2024 Q4 2024: $799.9M Q4 2024 Q1 2025: $869.6M Q1 2025 Q2 2025: $1.5B Q2 2025 Q3 2025: $2.2B Q3 2025 Q4 2025: $1.8B Q4 2025 Q1 2026: $2.1B Q1 2026 Q2 2026: $4.3B $4.3B Q2 2026

Holdings 140 stocks · $4.3B
SEZL Sezzle Inc. 6.61% 1,649,531 $283.1M Add +25.8%
CVNA Carvana Co. 6.39% 4,163,614 $274.0M Add +267.4%
SGHC Super Group SGHC Ltd. 6.36% 20,114,259 $272.5M Add +23.2%
DAVE Dave Inc. 6.08% 699,366 $260.6M Add +9.1%
HIMS Hims & Hers Health Inc. 4.86% 6,009,505 $208.3M Add +1179.1%
CLS Celestica Inc. 3.93% 461,397 $168.3M Add +50.9%
RSI Rush Street Interactive Inc. 3.76% 5,425,402 $161.4M Reduce -15.6%
SN Sharkninja Inc. 2.91% 819,163 $124.7M Add +6.5%
CECO Ceco Environmental Corp. 2.82% 1,329,817 $120.7M Add +608.9%
COMP Compass Inc. Class A 2.73% 9,505,505 $117.2M Add +180.4%
FLYW Flywire Corp.-Voting 2.72% 6,644,513 $116.7M Add +9.4%
REAL The Realreal Inc. filed as THE REALREAL INC 2.53% 9,198,248 $108.4M Add +111.8%
TPB Turning Point Brands Inc. 2.50% 1,265,303 $107.3M Add +328.1%
HNGE Hinge Health Inc. Class A 2.50% 1,290,623 $107.1M Add +126.2%
WLDN Willdan Group Inc. 2.44% 1,324,293 $104.8M Add +702.7%
LITE Lumentum Holdings Inc. 2.17% 108,188 $92.8M Add +16.1%
VSXY Victoria's Secret & Co. 2.00% 1,025,972 $85.6M Reduce -12.9%
OMDA Omada Health Inc. 1.95% 3,799,695 $83.4M Reduce -35.5%
RELY Remitly Global Inc. 1.94% 3,719,086 $83.3M Add +253.0%
CHYM Chime Financial Inc. Class A 1.73% 3,626,050 $74.3M New
VSH Vishay Intertechnology Inc. 1.69% 1,345,094 $72.3M New
APEI American Public Education 1.47% 1,169,356 $62.8M Add +11.2%
LWAY Lifeway Foods Inc. 1.46% 2,101,540 $62.7M Add +49.2%
CELH Celsius Holdings Inc. 1.24% 1,820,624 $53.3M Reduce -28.2%
AS Amer Sports Inc. 1.20% 1,520,280 $51.4M Add +419.3%
ESI Element Solutions Inc. 1.14% 1,021,276 $48.8M New
GRPN Groupon Inc. 1.04% 1,845,838 $44.4M Add +314.8%
CTRN Citi Trends Inc. 0.95% 705,451 $40.8M Add +42.8%
EYE National Vision Holdings Inc. 0.84% 1,899,450 $36.1M Add +172.9%
ENVA Enova International Inc. 0.82% 146,238 $35.2M New
FIGS Figs Inc. Class A 0.76% 3,191,026 $32.6M Reduce -0.2%
PRCH Porch Group Inc. 0.74% 2,105,695 $31.7M New
FSLY Fastly Inc. Class A 0.73% 1,694,262 $31.1M Add +653.0%
LIFE Ethos Technologies Inc. Class-A 0.69% 1,635,921 $29.7M New
BULL Webull Corp. 0.67% 4,414,549 $28.8M Reduce -53.8%
HOOD Robinhood Markets Inc. Class A 0.58% 250,000 $25.1M Add +150.0%
TDUP Thredup Inc. Class A 0.58% 3,628,206 $24.9M Add +265.0%
INDV Indivior Pharmaceuticals Inc. 0.58% 601,863 $24.7M Add +15.5%
VITL Vital Farms Inc. 0.54% 2,003,588 $23.3M Add +263.1%
ICHR Ichor Holdings Ltd. 0.53% 200,621 $22.5M New
ATRC Atricure Inc. 0.52% 800,931 $22.4M Reduce -30.9%
KLAR Klarna Group PLC 0.49% 1,032,328 $20.9M New
CDNA Caredx Inc. 0.47% 700,938 $20.0M New
HROW Harrow Inc. 0.44% 439,155 $18.7M New
BBNX Beta Bionics Inc. 0.41% 1,113,802 $17.5M New
WRBY Warby Parker Inc. Class A 0.40% 561,117 $17.0M Add +46.2%
HZO Marinemax Inc. 0.39% 455,971 $16.7M Add +178.6%
XPEL Xpel Inc. 0.38% 328,665 $16.3M Reduce -54.4%
RVLV Revolve Group Inc. Class A 0.38% 708,216 $16.2M Add +5040.9%
WTTR Select Water Solutions Inc. 0.37% 802,180 $16.0M Reduce -57.8%
BJRI Bj's Restaurants Inc. 0.37% 262,421 $15.9M New
USO United States Oil Fund LP 0.35% 142,500 $15.2M New
FCFS Firstcash Holdings Inc. 0.30% 59,500 $12.9M New
MAX Mediaalpha Inc. Class A 0.30% 1,019,988 $12.8M Add +1073.7%
ONTO Onto Innovation Inc. 0.28% 31,891 $12.1M Add +20.3%
YOU Clear Secure Inc. Class A 0.26% 200,000 $11.1M New
CROX Crocs Inc. 0.26% 91,371 $11.0M New
KLIC Kulicke & Soffa Industries 0.24% 78,000 $10.4M New
DKNG Draftkings Inc. Class A 0.24% 400,824 $10.1M Add +100.2%
CALY Callaway Golf Company 0.23% 515,778 $9.7M New
ESTA Establishment Labs Holdings 0.21% 106,675 $9.2M New
CODI Compass Diversified Holdings 0.21% 827,298 $8.8M Reduce -57.1%
JOUT Johnson Outdoors Inc. Class A 0.20% 190,057 $8.8M No change
AFRM Affirm Holdings Inc. 0.20% 106,735 $8.7M Add +12.3%
AXGN Axogen Inc. 0.18% 170,416 $7.9M Reduce -84.5%
PENG Penguin Solutions Inc. 0.18% 100,000 $7.6M New
ACVA Acv Auctions Inc. Class A 0.17% 1,007,453 $7.2M Add +65.4%
HAE Haemonetics Corp. 0.17% 96,459 $7.2M New
LOCO El Pollo Loco Holdings Inc. 0.16% 409,925 $7.0M Reduce -5.2%
DBI Designer Brands Inc. Class A 0.16% 1,184,045 $6.9M New
FTAI Ftai Aviation Ltd. 0.16% 25,000 $6.8M New
FLEX Flex Ltd. 0.15% 40,000 $6.5M New
SMTC Semtech Corp. 0.15% 40,000 $6.5M New
BBW Build-A-Bear Workshop Inc. 0.15% 210,019 $6.4M Reduce -79.5%
BXC Bluelinx Holdings Inc. 0.15% 103,141 $6.4M No change
DCTH Delcath Systems Inc. 0.15% 499,796 $6.3M No change
OSIS Osi Systems Inc. 0.14% 27,859 $6.1M New
PCOR Procore Technologies Inc. 0.14% 149,800 $6.1M New
ROAD Construction Partners Inc. Class A 0.14% 50,728 $6.0M New
BAND Bandwidth Inc. Class A 0.13% 86,065 $5.4M New
EVER Everquote Inc. Class A 0.12% 219,248 $5.2M New
CLFD Clearfield Inc. 0.12% 130,783 $5.2M New
PAR Par Technology Corp. 0.11% 267,965 $4.7M New
FC Franklin Covey Co. 0.11% 185,547 $4.6M New
TSEM Tower Semiconductor Ltd. 0.10% 17,000 $4.4M Reduce -75.7%
STUB Stubhub Holdings Inc. Class A 0.10% 329,602 $4.2M Reduce -14.3%
PRCT Procept Biorobotics Corp. 0.10% 180,260 $4.1M Reduce -79.2%
LSCC Lattice Semiconductor Corp. 0.09% 25,317 $3.9M New
FLWS 1-800-Flowers.com Inc. Class A 0.08% 1,033,166 $3.6M Add +499.3%
ARLO Arlo Technologies Inc. 0.08% 252,336 $3.4M Add +26.2%
VIA Via Transportation Inc. Class A 0.07% 172,755 $3.1M New
PM Philip Morris International 0.07% 16,452 $3.0M Reduce -41.8%
TCMD Tactile Systems Technology I 0.07% 99,622 $3.0M Reduce -58.1%
EZPW Ezcorp Inc. Class A 0.07% 82,602 $2.9M Reduce -82.0%
SG Sweetgreen Inc. Class A 0.06% 288,601 $2.5M Add +5.6%
ATEC Alphatec Holdings Inc. 0.06% 283,953 $2.5M New
UPST Upstart Holdings Inc. 0.06% 67,461 $2.4M Reduce -24.7%
PRG Prog Holdings Inc. 0.05% 50,000 $2.3M New
BOBS Bob's Discount Furniture 0.05% 144,391 $2.3M New
TTMI TTM Technologies 0.05% 12,000 $2.2M New
WING Wingstop Inc. 0.05% 12,857 $2.2M No change
ZUMZ Zumiez Inc. 0.05% 124,549 $2.2M No change
FLUT Flutter Entertainment PLC-Di 0.05% 19,191 $2.0M No change
NSSC Napco Security Technologies 0.04% 50,799 $1.9M No change
PTRN Pattern Group Inc. Class A 0.04% 70,000 $1.8M New
FRPT Freshpet Inc. 0.04% 29,583 $1.7M New
FOXF Fox Factory Holding Corp. 0.04% 100,000 $1.7M No change
ONEW Onewater Marine Inc. Class A 0.04% 143,755 $1.6M Add +33.1%
VCEL Vericel Corp. 0.04% 36,335 $1.6M Reduce -91.4%
DRVN Driven Brands Holdings Inc. 0.03% 100,000 $1.4M New
SFIX Stitch Fix Inc. Class A 0.03% 311,747 $1.3M No change
NTGR Netgear Inc. 0.03% 52,065 $1.2M New
MEC Mayville Engineering Co. Inc. 0.02% 27,482 $1.0M New
MNDY Monday.com Ltd. 0.02% 13,832 $1.0M New
BRBR Bellring Brands Inc. 0.02% 72,565 $939K Reduce -86.1%
PRTH Priority Technology Holdings 0.02% 129,404 $863K Reduce -80.2%
MED Medifast Inc. 0.02% 79,839 $847K No change
SRTS Sensus Healthcare Inc. 0.02% 278,485 $841K Reduce -2.6%
AMPL Amplitude Inc. Class A 0.02% 100,000 $765K New
CAR Avis Budget Group Inc. 0.02% 5,140 $760K New
AGX Argan Inc. 0.02% 828 $661K New
LOVE The Lovesac Co. 0.01% 38,115 $636K No change
XMTR Xometry Inc. Class A 0.01% 6,363 $614K Reduce -92.3%
GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED 0.01% 305,694 $581K No change
LFMD Lifemd Inc. 0.01% 135,826 $561K No change
SIG Signet Jewelers Ltd. 0.01% 5,459 $471K New
WK Workiva Inc. 0.01% 9,567 $464K New
TKNO Alpha Teknova Inc. 0.01% 78,872 $448K No change
DSP Viant Technology Inc. Class A 0.01% 34,613 $438K Reduce -30.0%
RCEL Avita Medical Inc. 0.01% 100,000 $413K No change
WBTN Webtoon Entertainment Inc. 0.01% 31,945 $365K New
JILL J. Jill Inc. 0.01% 21,452 $340K No change
BLND Blend Labs Inc. Class A 0.01% 198,863 $340K Reduce -93.7%
DDD 3D Systems Corp. filed as 3D SYS CORP DEL 0.01% 90,531 $273K No change
HTZ Hertz Global Hldgs Inc. 0.01% 100,000 $227K Reduce -75.0%
CALX Calix Inc. 0.00% 5,670 $212K Reduce -98.2%
ZIP Ziprecruiter Inc. Class A 0.00% 49,510 $186K No change
INGN Inogen Inc. 0.00% 18,413 $119K Reduce -79.1%
PRPL Purple Innovation Inc. 0.00% 138,605 $49K No change
GOGO Gogo Inc. 0.00% 12,272 $38K No change

Options reported separately and not counted above: SGHC calls ($125.4M), CHYM puts ($801K).

Portfolio Sells Q1 2026 → Q2 2026
CELH Celsius Holdings Inc. Reduce -28.2% 1.24% −2.97
RSI Rush Street Interactive Inc. Reduce -15.6% 3.76% −2.78
EAT Brinker International Inc. Sold out 0.00% −1.73
BBW Build-A-Bear Workshop Inc. Reduce -79.5% 0.15% −1.65
LINC Lincoln Educational Services Sold out 0.00% −1.57
OMDA Omada Health Inc. Reduce -35.5% 1.95% −1.52
AXGN Axogen Inc. Reduce -84.5% 0.18% −1.52
BULL Webull Corp. Reduce -53.8% 0.67% −1.47
FIGS Figs Inc. Class A Reduce -0.2% 0.76% −1.45
LRN Stride Inc. Sold out 0.00% −1.27
XPEL Xpel Inc. Reduce -54.4% 0.38% −1.11
ATRC Atricure Inc. Reduce -30.9% 0.52% −1.03
WTTR Select Water Solutions Inc. Reduce -57.8% 0.37% −0.99
TREE Lendingtree Inc. Sold out 0.00% −0.94
PRCT Procept Biorobotics Corp. Reduce -79.2% 0.10% −0.92
ADPT Adaptive Biotechnologies Sold out 0.00% −0.86
KRUS Kura Sushi USA Inc. Class A Sold out 0.00% −0.81
CALX Calix Inc. Reduce -98.2% 0.00% −0.70
VCEL Vericel Corp. Reduce -91.4% 0.04% −0.60
VSXY Victoria's Secret & Co. Reduce -12.9% 2.00% −0.56
AVGO Broadcom Inc. Sold out 0.00% −0.51
CODI Compass Diversified Holdings Reduce -57.1% 0.21% −0.50
EZPW Ezcorp Inc. Class A Reduce -82.0% 0.07% −0.48
TSEM Tower Semiconductor Ltd. Reduce -75.7% 0.10% −0.47
PGNY Progyny Inc. Sold out 0.00% −0.45
BRBR Bellring Brands Inc. Reduce -86.1% 0.02% −0.37
ANGO Angiodynamics Inc. Sold out 0.00% −0.30
UCTT Ultra Clean Holdings Inc. Sold out 0.00% −0.29
BLND Blend Labs Inc. Class A Reduce -93.7% 0.01% −0.24
JBL Jabil Inc. Sold out 0.00% −0.24
COCO The Vita Coco Co. Inc. Sold out 0.00% −0.24
VVV Valvoline Inc. Sold out 0.00% −0.24
TCMD Tactile Systems Technology I Reduce -58.1% 0.07% −0.22
FTK Flotek Industries Inc. Sold out 0.00% −0.21
NVDA Nvidia Corp. Sold out 0.00% −0.20
PM Philip Morris International Reduce -41.8% 0.07% −0.15
XMTR Xometry Inc. Class A Reduce -92.3% 0.01% −0.14
BHE Benchmark Electronics Inc. Sold out 0.00% −0.14
ANF Abercrombie & Fitch Co. Class A Sold out 0.00% −0.13
PRTH Priority Technology Holdings Reduce -80.2% 0.02% −0.12
LOCO El Pollo Loco Holdings Inc. Reduce -5.2% 0.16% −0.12
HTZ Hertz Global Hldgs Inc. Reduce -75.0% 0.01% −0.08
ADTN Adtran Holdings Inc. Sold out 0.00% −0.07
UPST Upstart Holdings Inc. Reduce -24.7% 0.06% −0.05
SRTS Sensus Healthcare Inc. Reduce -2.6% 0.02% −0.03
ZVIA Zevia PBC-A Sold out 0.00% −0.03
INGN Inogen Inc. Reduce -79.1% 0.00% −0.02
SHAK Shake Shack Inc. Class A Sold out 0.00% −0.02
SNBRQ Sleep Number Corp. Sold out 0.00% −0.02
DSP Viant Technology Inc. Class A Reduce -30.0% 0.01% −0.02

Portfolio Buys Q1 2026 → Q2 2026
HIMS Hims & Hers Health Inc. Add +1179.1% 4.86% +4.40
CVNA Carvana Co. Add +267.4% 6.39% +3.06
SEZL Sezzle Inc. Add +25.8% 6.61% +2.72
CECO Ceco Environmental Corp. Add +608.9% 2.82% +2.29
WLDN Willdan Group Inc. Add +702.7% 2.44% +1.85
CHYM Chime Financial Inc. Class A New 1.73% +1.73
VSH Vishay Intertechnology Inc. New 1.69% +1.69
COMP Compass Inc. Class A Add +180.4% 2.73% +1.57
HNGE Hinge Health Inc. Class A Add +126.2% 2.50% +1.47
TPB Turning Point Brands Inc. Add +328.1% 2.50% +1.30
RELY Remitly Global Inc. Add +253.0% 1.94% +1.17
ESI Element Solutions Inc. New 1.14% +1.14
DAVE Dave Inc. Add +9.1% 6.08% +0.86
ENVA Enova International Inc. New 0.82% +0.82
GRPN Groupon Inc. Add +314.8% 1.04% +0.79
AS Amer Sports Inc. Add +419.3% 1.20% +0.75
PRCH Porch Group Inc. New 0.74% +0.74
LIFE Ethos Technologies Inc. Class-A New 0.69% +0.69
REAL The Realreal Inc. Add +111.8% 2.53% +0.68
ICHR Ichor Holdings Ltd. New 0.53% +0.53
KLAR Klarna Group PLC New 0.49% +0.49
CDNA Caredx Inc. New 0.47% +0.47
HROW Harrow Inc. New 0.44% +0.44
TDUP Thredup Inc. Class A Add +265.0% 0.58% +0.43
FSLY Fastly Inc. Class A Add +653.0% 0.73% +0.42
BBNX Beta Bionics Inc. New 0.41% +0.41
BJRI Bj's Restaurants Inc. New 0.37% +0.37
RVLV Revolve Group Inc. Class A Add +5040.9% 0.38% +0.36
USO United States Oil Fund LP New 0.35% +0.35
FCFS Firstcash Holdings Inc. New 0.30% +0.30
MAX Mediaalpha Inc. Class A Add +1073.7% 0.30% +0.26
HOOD Robinhood Markets Inc. Class A Add +150.0% 0.58% +0.26
YOU Clear Secure Inc. Class A New 0.26% +0.26
CROX Crocs Inc. New 0.26% +0.26
KLIC Kulicke & Soffa Industries New 0.24% +0.24
CALY Callaway Golf Company New 0.23% +0.23
ESTA Establishment Labs Holdings New 0.21% +0.21
LWAY Lifeway Foods Inc. Add +49.2% 1.46% +0.19
HZO Marinemax Inc. Add +178.6% 0.39% +0.18
VITL Vital Farms Inc. Add +263.1% 0.54% +0.18
PENG Penguin Solutions Inc. New 0.18% +0.18
HAE Haemonetics Corp. New 0.17% +0.17
DBI Designer Brands Inc. Class A New 0.16% +0.16
FTAI Ftai Aviation Ltd. New 0.16% +0.16
FLEX Flex Ltd. New 0.15% +0.15
SMTC Semtech Corp. New 0.15% +0.15
OSIS Osi Systems Inc. New 0.14% +0.14
PCOR Procore Technologies Inc. New 0.14% +0.14
ROAD Construction Partners Inc. Class A New 0.14% +0.14
BAND Bandwidth Inc. Class A New 0.13% +0.13

Options Activity Q1 2026 → Q2 2026
SUPER GROUP SGHC LIMITED call Sold out 14,537,600 $157.0Mbefore exit
SGHC Super Group SGHC Ltd. call New 9,258,000 $125.4M
DAVE INC call Sold out 485,000 $84.4Mbefore exit
PROCEPT BIOROBOTICS CORP call Sold out 574,100 $14.4Mbefore exit
CHYM Chime Financial Inc. Class A put New 39,100 $801K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 140$4.3BSEZL, CVNA, SGHC, DAVE, HIMS
Q1 2026 115$2.1BSGHC, RSI, DAVE, CELH, CLS
Q4 2025 88$1.8BSGHC, INDV, AS, CVNA, SN
Q3 2025 165$2.2BDAVE, SGHC, SEZL, TPB, INDV
Q2 2025 131$1.5BSEZL, DAVE, RSI, RELY, TPB
Q1 2025 90$869.6MDAVE, RSI, SEZL, EAT, GENI
Q4 2024 81$799.9MSN, RSI, DAVE, EAT, JILL
Q3 2024 70$777.2MCVNA, ANF, RSI, VITL, SN
Q2 2024 59$611.9MANF, GRPN, HIMS, SN, RSI
Q1 2024 55$425.9MANF, SN, RSI, HIMS, UPWK