Divisar Capital Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Divisar Capital Management LLC reported 34 stock positions worth $520.5 million. Its top holding was Ultra Clean (UCTT) at 9.2% of the portfolio, followed by Lumentum (LITE, 8.3%) and Kulicke & Soffa Industries (KLIC, 8.1%). Compared with Q4 2023, it opened 4 new positions, sold out of 2, added to 14 and reduced 15. The biggest buy was Nerdy (NRDY, shares +232%) and the biggest sale Abercrombie & Fitch Class A (ANF, shares −79%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001645721
- Portfolio Value
- $520.5M (Q1 2024)
- SEC Filing
- 0001645721-24-000012 ↗ filed May 15, 2024
Holdings Value
Holdings 34 stocks · $520.5M
| UCTT Ultra Clean Holdings Inc. | 9.18% | 1,040,398 | $47.8M | Reduce -26.6% |
| LITE Lumentum Holdings Inc. | 8.27% | 909,274 | $43.1M | Reduce -2.9% |
| KLIC Kulicke & Soffa Industries | 8.10% | 837,688 | $42.1M | Add +9.5% |
| FARO Faro Technologies Inc. | 7.23% | 1,748,777 | $37.6M | Add +6.0% |
| VMEO Vimeo Inc. | 5.96% | 7,588,993 | $31.0M | Add +21.7% |
| BC Brunswick Corp. | 4.85% | 261,618 | $25.3M | Reduce -15.7% |
| ADTN Adtran Holdings Inc. | 4.80% | 4,593,687 | $25.0M | Add +50.3% |
| RXO Rxo Inc. | 4.54% | 1,079,966 | $23.6M | Add +13.9% |
| NVRI Enviri Corp. | 4.23% | 2,406,089 | $22.0M | Reduce -14.6% |
| BOX Box Inc. Class A | 3.80% | 698,461 | $19.8M | Add +14.7% |
| SFIX Stitch Fix Inc. Class A | 3.79% | 7,463,213 | $19.7M | Add +22.3% |
| PDFS PDF Solutions Inc. | 3.53% | 545,821 | $18.4M | Add +1.6% |
| LASR Nlight Inc. | 3.53% | 1,412,912 | $18.4M | Reduce -6.3% |
| OEC Orion SA | 3.39% | 750,082 | $17.6M | Add +13.2% |
| COHU Cohu Inc. | 3.27% | 510,183 | $17.0M | Add +15.4% |
| NRDY Nerdy Inc. | 3.05% | 5,453,494 | $15.9M | Add +232.0% |
| ZUMZ Zumiez Inc. | 2.60% | 892,409 | $13.6M | Add +23.1% |
| MCFT Mastercraft Boat Holdings Inc. | 2.50% | 547,566 | $13.0M | Reduce -0.3% |
| TLYS Tilly's Inc. Class A SHRS | 2.09% | 1,603,504 | $10.9M | Reduce -0.3% |
| CIVI Civitas Resources Inc. | 2.06% | 141,582 | $10.7M | Reduce -0.3% |
| VSH Vishay Intertechnology Inc. | 1.20% | 275,496 | $6.2M | Add +7.5% |
| MARKFORGED HOLDING CORPORATI | 1.17% | 7,303,588 | $6.1M | Add +37.0% |
| VPG Vishay Precision Group | 1.17% | 172,275 | $6.1M | Reduce -0.3% |
| VRNT Verint Systems Inc. | 0.95% | 149,403 | $5.0M | New |
| ANF Abercrombie & Fitch Co. Class A | 0.91% | 37,886 | $4.7M | Reduce -79.4% |
| FN Fabrinet | 0.81% | 22,340 | $4.2M | Reduce -47.2% |
| NSSC Napco Security Technologies | 0.77% | 100,000 | $4.0M | New |
| COHR Coherent Corp. | 0.53% | 45,555 | $2.8M | Reduce -26.9% |
| ONTO Onto Innovation Inc. | 0.35% | 10,088 | $1.8M | Reduce -70.4% |
| SEQUANS COMMUNICATIONS S A | 0.35% | 4,726,379 | $1.8M | No change |
| REKR Rekor Systems Inc. | 0.28% | 640,000 | $1.5M | New |
| FIX Comfort Systems USA Inc. | 0.25% | 4,159 | $1.3M | Reduce -81.4% |
| CPS Cooper-Standard Holding | 0.25% | 79,061 | $1.3M | Reduce -45.8% |
| ICHR Ichor Holdings Ltd. | 0.22% | 30,000 | $1.2M | New |
Portfolio Sells Q4 2023 → Q1 2024
| ANF Abercrombie & Fitch Co. Class A | Reduce -79.4% | 0.91% | −2.08 |
| PLCE The Children's Place Inc. | Sold out | 0.00% | −1.06 |
| LITE Lumentum Holdings Inc. | Reduce -2.9% | 8.27% | −0.77 |
| BC Brunswick Corp. | Reduce -15.7% | 4.85% | −0.68 |
| FN Fabrinet | Reduce -47.2% | 0.81% | −0.67 |
| ONTO Onto Innovation Inc. | Reduce -70.4% | 0.35% | −0.61 |
| FIX Comfort Systems USA Inc. | Reduce -81.4% | 0.25% | −0.59 |
| GDOT Green Dot Corp. Class A | Sold out | 0.00% | −0.56 |
| NVRI Enviri Corp. | Reduce -14.6% | 4.23% | −0.44 |
| CPS Cooper-Standard Holding | Reduce -45.8% | 0.25% | −0.27 |
| LASR Nlight Inc. | Reduce -6.3% | 3.53% | −0.22 |
| TLYS Tilly's Inc. Class A SHRS | Reduce -0.3% | 2.09% | −0.14 |
| COHR Coherent Corp. | Reduce -26.9% | 0.53% | +0.03 |
| VPG Vishay Precision Group | Reduce -0.3% | 1.17% | +0.08 |
| MCFT Mastercraft Boat Holdings Inc. | Reduce -0.3% | 2.50% | +0.20 |
| UCTT Ultra Clean Holdings Inc. | Reduce -26.6% | 9.18% | +0.27 |
| CIVI Civitas Resources Inc. | Reduce -0.3% | 2.06% | +0.28 |
Portfolio Buys Q4 2023 → Q1 2024
| NRDY Nerdy Inc. | Add +232.0% | 3.05% | +2.01 |
| VMEO Vimeo Inc. | Add +21.7% | 5.96% | +1.46 |
| VRNT Verint Systems Inc. | New | 0.95% | +0.95 |
| BOX Box Inc. Class A | Add +14.7% | 3.80% | +0.93 |
| NSSC Napco Security Technologies | New | 0.77% | +0.77 |
| ADTN Adtran Holdings Inc. | Add +50.3% | 4.80% | +0.67 |
| RXO Rxo Inc. | Add +13.9% | 4.54% | +0.47 |
| COHU Cohu Inc. | Add +15.4% | 3.27% | +0.38 |
| KLIC Kulicke & Soffa Industries | Add +9.5% | 8.10% | +0.38 |
| FARO Faro Technologies Inc. | Add +6.0% | 7.23% | +0.38 |
| MARKFORGED HOLDING CORPORATI | Add +37.0% | 1.17% | +0.37 |
| PDFS PDF Solutions Inc. | Add +1.6% | 3.53% | +0.35 |
| REKR Rekor Systems Inc. | New | 0.28% | +0.28 |
| ICHR Ichor Holdings Ltd. | New | 0.22% | +0.22 |
| VSH Vishay Intertechnology Inc. | Add +7.5% | 1.20% | +0.07 |
| OEC Orion SA | Add +13.2% | 3.39% | +0.01 |
| ZUMZ Zumiez Inc. | Add +23.1% | 2.60% | −0.11 |
| SFIX Stitch Fix Inc. Class A | Add +22.3% | 3.79% | −0.23 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $434.0M | ONTO, PII, MKSI, BC, KLIC |
| Q1 2026 | 26 | $392.4M | ONTO, UCTT, PII, BC, LITE |
| Q4 2025 | 26 | $355.9M | ONTO, LITE, ADTN, PII, UCTT |
| Q3 2025 | 25 | $367.6M | LITE, ADTN, UCTT, PII, KLIC |
| Q2 2025 | 26 | $432.3M | ADTN, LITE, VMEO, KLIC, UCTT |
| Q1 2025 | 29 | $384.5M | VMEO, ADTN, KLIC, FARO, LITE |
| Q4 2024 | 30 | $460.7M | ADTN, LITE, VMEO, UCTT, FARO |
| Q3 2024 | 31 | $542.1M | UCTT, LITE, VMEO, KLIC, ADTN |
| Q2 2024 | 34 | $527.8M | LITE, UCTT, KLIC, VMEO, ADTN |
| Q1 2024 | 34 | $520.5M | UCTT, LITE, KLIC, FARO, VMEO |