In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Fund 1 Investments, LLC reported 39 stock positions worth $614.7 million . Its top holding was Bj's Restaurants (BJRI) at 13.5% of the portfolio, followed by Hibbett (HIBB, 13.5% ) and Tapestry (TPR, 8.8% ). Compared with Q4 2023, it opened 11 new positions, sold out of 15, added to 16 and reduced 7. The biggest buy was Tapestry (TPR, shares +218% ) and the biggest sale Sharkninja (SN, shares −32% ).
Location RINCON, PR
CIK 0001959730
Portfolio Value $614.7M (Q1 2024) Holdings 39 stocks · $614.7M 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 Q4 2023 BJRI Bj's Restaurants Inc. 2,301,476 $83.3M Add +62.1% HIBB Hibbett Inc. 1,083,542 $83.2M Add +79.1% TPR Tapestry Inc. 1,143,674 $54.3M Add +218.4% TLYS Tilly's Inc. Class A SHRS 7,678,145 $52.2M Add +15.9% TTSH Tile Shop Hldgs Inc. 6,634,315 $46.6M Add +30.1% CTRN Citi Trends Inc. 1,676,664 $45.5M Add +26.1% SN Sharkninja Inc. 500,000 $31.1M Reduce -31.6% FLWS 1-800-Flowers.com Inc. Class A 2,859,295 $31.0M Add +53.2% DXLG Destination XL Group Inc. 5,954,290 $21.4M Add +13.7% VRA Vera Bradley Inc. 3,077,859 $20.9M Add +74.6% FNKO Funko Inc. Class A 3,175,022 $19.8M Add +113.1% AMZN Amazon.com Inc. 100,000 $18.0M Add +100.0% CROX Crocs Inc. 83,231 $12.0M New LOCO El Pollo Loco Holdings Inc. 1,116,736 $10.9M Add +27.2% PAR Par Technology Corp. 206,985 $9.4M New CCL Carnival Corp. 529,500 $8.7M New ZUO Zuora Inc. Class A 920,248 $8.4M New OXY Occidental Petroleum Corp. 120,000 $7.8M No change SNAP Snap Inc. Class A 631,000 $7.2M New JILL J. Jill Inc. 166,832 $5.3M Reduce -53.2% CURV Torrid Holdings Inc. 974,619 $4.8M Add +385.8% VNCE Vince Holding Corp. 1,242,976 $4.0M No change DLTR Dollar Tree Inc. 29,800 $4.0M New CVNA Carvana Co. 40,000 $3.5M New RRGB Red Robin Gourmet Burgers 446,718 $3.4M Add +46.7% ANGO Angiodynamics Inc. 531,891 $3.1M Add +7.0% HLF Herbalife Ltd. 305,000 $3.1M Reduce -71.6% TWLO Twilio Inc. Class A 49,969 $3.1M New SMAR Smartsheet Inc. Class A 48,806 $1.9M New PRGO Perrigo Co. PLC 47,949 $1.5M Reduce -43.8% VFC VF Corp. 75,000 $1.2M New CDLX Cardlytics Inc. 67,018 $971K New BORR Borr Drilling Ltd. 136,000 $932K No change TV Grupo Televisa SA-Spon ADR 200,000 $640K No change STKS One Group Hospitality Inc. filed as THE ONE GROUP HOSPITALITY IN 80,275 $447K Add +94.3% TTI Tetra Technologies Inc. 100,000 $443K No change ZUMZ Zumiez Inc. 20,400 $310K Reduce -94.3% SFIX Stitch Fix Inc. Class A 100,000 $264K Reduce -51.2% FOSL Fossil Group Inc. 100,621 $103K Reduce -35.9%
Options reported separately and not counted above: XRT puts ($158.0M), QQQ puts ($88.8M), TPR calls ($47.5M), SNAP calls ($8.0M), HLF calls ($5.0M), PLCE puts ($4.6M), FNKO calls ($3.1M).
Portfolio Sells Q4 2023 → Q1 2024 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 Q4 2023 % Of Portfolio Change To Portfolio ▲ SN Sharkninja Inc. Reduce -31.6% 5.07% −3.07 HLF Herbalife Ltd. Reduce -71.6% 0.50% −3.06 M Macy's Inc. Sold out 0.00% −2.17 BABA Alibaba Group Holding-SP ADR Sold out 0.00% −2.12 ZUMZ Zumiez Inc. Reduce -94.3% 0.05% −1.54 ARHS Arhaus Inc. Sold out 0.00% −1.48 HGV Hilton Grand Vacations Inc. Sold out 0.00% −1.17 JILL J. Jill Inc. Reduce -53.2% 0.87% −1.13 SWBI Smith & Wesson Brands Inc. Sold out 0.00% −1.04 PETQ Petiq Inc. Sold out 0.00% −0.63 NXH Neighborhood Intelligence Inc. Sold out 0.00% −0.51 PRGO Perrigo Co. PLC Reduce -43.8% 0.25% −0.35 JD Jd.com Inc.-ADR Sold out 0.00% −0.25 TREE Lendingtree Inc. Sold out 0.00% −0.22 AR Antero Resources Corp. Sold out 0.00% −0.20 PRPL Purple Innovation Inc. Sold out 0.00% −0.14 SFIX Stitch Fix Inc. Class A Reduce -51.2% 0.04% −0.12 JYNT The Joint Corp. Sold out 0.00% −0.09 SPWH Sportsman's Warehouse Holdin Sold out 0.00% −0.08 XPOF Xponential Fitness Inc. Class A Sold out 0.00% −0.05 FOSL Fossil Group Inc. Reduce -35.9% 0.02% −0.03 DEC Diversified Energy Co. PLC Sold out 0.00% −0.01
Portfolio Buys Q4 2023 → Q1 2024 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 Q4 2023 % Of Portfolio Change To Portfolio ▼ TPR Tapestry Inc. Add +218.4% 8.83% +5.96 HIBB Hibbett Inc. Add +79.1% 13.54% +4.07 BJRI Bj's Restaurants Inc. Add +62.1% 13.55% +2.44 CROX Crocs Inc. New 1.95% +1.95 PAR Par Technology Corp. New 1.53% +1.53 CCL Carnival Corp. New 1.41% +1.41 ZUO Zuora Inc. Class A New 1.37% +1.37 AMZN Amazon.com Inc. Add +100.0% 2.93% +1.28 SNAP Snap Inc. Class A New 1.18% +1.18 FNKO Funko Inc. Class A Add +113.1% 3.22% +0.72 FLWS 1-800-Flowers.com Inc. Class A Add +53.2% 5.04% +0.67 DLTR Dollar Tree Inc. New 0.65% +0.65 CVNA Carvana Co. New 0.57% +0.57 CURV Torrid Holdings Inc. Add +385.8% 0.77% +0.52 TWLO Twilio Inc. Class A New 0.50% +0.50 VRA Vera Bradley Inc. Add +74.6% 3.40% +0.46 SMAR Smartsheet Inc. Class A New 0.31% +0.31 VFC VF Corp. New 0.19% +0.19 CDLX Cardlytics Inc. New 0.16% +0.16 LOCO El Pollo Loco Holdings Inc. Add +27.2% 1.77% +0.09 STKS One Group Hospitality Inc. Add +94.3% 0.07% +0.02 RRGB Red Robin Gourmet Burgers Add +46.7% 0.56% −0.27 ANGO Angiodynamics Inc. Add +7.0% 0.51% −0.34 TTSH Tile Shop Hldgs Inc. Add +30.1% 7.59% −0.57 CTRN Citi Trends Inc. Add +26.1% 7.40% −0.77 DXLG Destination XL Group Inc. Add +13.7% 3.49% −1.52 TLYS Tilly's Inc. Class A SHRS Add +15.9% 8.49% −2.36
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ XRT SS SPDR S&P Retail ETF put New 2,000,000 $158.0M QQQ Invesco QQQ Trust Series 1 put Reduce -50.0% 200,000 $88.8M IWM iShares Russell 2000 ETF put Sold out 300,000 $60.2Mbefore exit TPR Tapestry Inc. call Add +81.8% 1,000,000 $47.5M BJRI Bj's Restaurants Inc. call Sold out 900,000 $32.4Mbefore exit HIBB Hibbett Inc. call Sold out 400,000 $28.8Mbefore exit SN Sharkninja Inc. call Sold out 420,000 $21.5Mbefore exit SNAP Snap Inc. Class A call New 700,000 $8.0M FLWS 1-800-Flowers.com Inc. Class A call Sold out 500,000 $5.4Mbefore exit HLF Herbalife Ltd. call Reduce -85.7% 500,000 $5.0M PLCE The Children's Place Inc. put New 400,000 $4.6M FNKO Funko Inc. Class A call Reduce -50.0% 500,000 $3.1M
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 45 $568.8M CTRN, JMIA, TLYS, FNKO, GO Q1 2026 62 $768.3M CTRN, JMIA, CELH, VFC, RDDT Q4 2025 49 $690.8M JMIA, CTRN, NVRI, CELH, RDDT Q3 2025 53 $814.8M NVRI, CTRN, TTSH, JMIA, FLWS Q2 2025 48 $705.1M CTRN, TTSH, NVRI, FLWS, SFIX Q1 2025 43 $590.8M TTSH, BJRI, CTRN, CURV, FLWS Q4 2024 57 $728.8M BJRI, TTSH, CTRN, FNKO, SIG Q3 2024 58 $641.1M LBTYA, BJRI, TTSH, CTRN, TLYS Q2 2024 55 $724.0M BJRI, TTSH, CTRN, LBTYA, HIBB Q1 2024 39 $614.7M BJRI, HIBB, TPR, TLYS, TTSH