Divisar Capital Management LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Divisar Capital Management LLC reported 34 stock positions worth $527.8 million. Its top holding was Lumentum (LITE) at 9.3% of the portfolio, followed by Ultra Clean (UCTT, 9.0%) and Kulicke & Soffa Industries (KLIC, 7.6%). Compared with Q1 2024, it opened 3 new positions, sold out of 3, added to 13 and reduced 9. The biggest buy was a new position in Calix (CALX) and the biggest sale Nerdy (NRDY, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001645721
- Portfolio Value
- $527.8M (Q2 2024)
- SEC Filing
- 0001645721-24-000014 ↗ filed Aug 14, 2024
Holdings Value
Holdings 34 stocks · $527.8M
| LITE Lumentum Holdings Inc. | 9.28% | 961,574 | $49.0M | Add +5.8% |
| UCTT Ultra Clean Holdings Inc. | 9.02% | 971,159 | $47.6M | Reduce -6.7% |
| KLIC Kulicke & Soffa Industries | 7.57% | 812,297 | $40.0M | Reduce -3.0% |
| VMEO Vimeo Inc. | 5.93% | 8,388,993 | $31.3M | Add +10.5% |
| ADTN Adtran Holdings Inc. | 5.72% | 5,740,461 | $30.2M | Add +25.0% |
| FARO Faro Technologies Inc. | 5.57% | 1,838,777 | $29.4M | Add +5.2% |
| RXO Rxo Inc. | 4.86% | 981,583 | $25.7M | Reduce -9.1% |
| SFIX Stitch Fix Inc. Class A | 4.62% | 5,880,326 | $24.4M | Reduce -21.2% |
| PDFS PDF Solutions Inc. | 4.11% | 595,583 | $21.7M | Add +9.1% |
| BC Brunswick Corp. | 3.65% | 264,893 | $19.3M | Add +1.3% |
| BOX Box Inc. Class A | 3.65% | 728,461 | $19.3M | Add +4.3% |
| COHU Cohu Inc. | 3.39% | 540,183 | $17.9M | Add +5.9% |
| OEC Orion SA | 3.35% | 805,082 | $17.7M | Add +7.3% |
| NVRI Enviri Corp. | 3.32% | 2,033,225 | $17.5M | Reduce -15.5% |
| LASR Nlight Inc. | 3.20% | 1,545,935 | $16.9M | Add +9.4% |
| ZUMZ Zumiez Inc. | 3.11% | 843,046 | $16.4M | Reduce -5.5% |
| CALX Calix Inc. | 3.01% | 448,108 | $15.9M | New |
| MCFT Mastercraft Boat Holdings Inc. | 1.96% | 547,566 | $10.3M | No change |
| CIVI Civitas Resources Inc. | 1.85% | 141,582 | $9.8M | No change |
| TLYS Tilly's Inc. Class A SHRS | 1.83% | 1,603,504 | $9.7M | No change |
| NRDY Nerdy Inc. | 1.51% | 4,768,065 | $8.0M | Reduce -12.6% |
| VSH Vishay Intertechnology Inc. | 1.29% | 305,496 | $6.8M | Add +10.9% |
| ANF Abercrombie & Fitch Co. Class A | 1.14% | 33,886 | $6.0M | Reduce -10.6% |
| FN Fabrinet | 1.04% | 22,340 | $5.5M | No change |
| VPG Vishay Precision Group | 1.02% | 176,001 | $5.4M | Add +2.2% |
| VRNT Verint Systems Inc. | 0.91% | 149,403 | $4.8M | No change |
| ZUO Zuora Inc. Class A | 0.87% | 460,700 | $4.6M | New |
| CMRC Commerce.com Inc. filed as BIGCOMMERCE HLDGS INC | 0.81% | 530,220 | $4.3M | New |
| COHR Coherent Corp. | 0.63% | 45,555 | $3.3M | No change |
| MARKFORGED HOLDING CORPORATI | 0.61% | 7,864,892 | $3.2M | Add +7.7% |
| SEQUANS COMMUNICATIONS S A | 0.45% | 4,726,379 | $2.4M | No change |
| ONTO Onto Innovation Inc. | 0.42% | 10,088 | $2.2M | No change |
| FIX Comfort Systems USA Inc. | 0.24% | 4,159 | $1.3M | No change |
| CPS Cooper-Standard Holding | 0.07% | 29,061 | $362K | Reduce -63.2% |
Portfolio Sells Q1 2024 → Q2 2024
| NRDY Nerdy Inc. | Reduce -12.6% | 1.51% | −1.54 |
| NVRI Enviri Corp. | Reduce -15.5% | 3.32% | −0.91 |
| NSSC Napco Security Technologies | Sold out | 0.00% | −0.77 |
| KLIC Kulicke & Soffa Industries | Reduce -3.0% | 7.57% | −0.53 |
| REKR Rekor Systems Inc. | Sold out | 0.00% | −0.28 |
| ICHR Ichor Holdings Ltd. | Sold out | 0.00% | −0.22 |
| CPS Cooper-Standard Holding | Reduce -63.2% | 0.07% | −0.18 |
| UCTT Ultra Clean Holdings Inc. | Reduce -6.7% | 9.02% | −0.17 |
| ANF Abercrombie & Fitch Co. Class A | Reduce -10.6% | 1.14% | +0.23 |
| RXO Rxo Inc. | Reduce -9.1% | 4.86% | +0.33 |
| ZUMZ Zumiez Inc. | Reduce -5.5% | 3.11% | +0.51 |
| SFIX Stitch Fix Inc. Class A | Reduce -21.2% | 4.62% | +0.84 |
Portfolio Buys Q1 2024 → Q2 2024
| CALX Calix Inc. | New | 3.01% | +3.01 |
| LITE Lumentum Holdings Inc. | Add +5.8% | 9.28% | +1.01 |
| ADTN Adtran Holdings Inc. | Add +25.0% | 5.72% | +0.92 |
| ZUO Zuora Inc. Class A | New | 0.87% | +0.87 |
| CMRC Commerce.com Inc. | New | 0.81% | +0.81 |
| PDFS PDF Solutions Inc. | Add +9.1% | 4.11% | +0.57 |
| COHU Cohu Inc. | Add +5.9% | 3.39% | +0.12 |
| VSH Vishay Intertechnology Inc. | Add +10.9% | 1.29% | +0.09 |
| VMEO Vimeo Inc. | Add +10.5% | 5.93% | −0.03 |
| OEC Orion SA | Add +7.3% | 3.35% | −0.04 |
| BOX Box Inc. Class A | Add +4.3% | 3.65% | −0.15 |
| VPG Vishay Precision Group | Add +2.2% | 1.02% | −0.15 |
| LASR Nlight Inc. | Add +9.4% | 3.20% | −0.33 |
| MARKFORGED HOLDING CORPORATI | Add +7.7% | 0.61% | −0.56 |
| BC Brunswick Corp. | Add +1.3% | 3.65% | −1.20 |
| FARO Faro Technologies Inc. | Add +5.2% | 5.57% | −1.65 |
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 |