Fund 1 Investments, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Fund 1 Investments, LLC reported 55 stock positions worth $724.0 million. Its top holding was Bj's Restaurants (BJRI) at 11.2% of the portfolio, followed by Tile Shop (TTSH, 7.8%) and Citi Trends (CTRN, 7.5%). Compared with Q1 2024, it opened 27 new positions, sold out of 11, added to 14 and reduced 9. The biggest buy was a new position in Liberty Global Class A (LBTYA) and the biggest sale Hibbett (HIBB, shares −47%).
- Most Recent 13F
- Q2 2026
- Location
- RINCON, PR
- CIK
- 0001959730
- Portfolio Value
- $724.0M (Q2 2024)
- SEC Filing
- 0000929638-24-002810 ↗ filed Aug 14, 2024
Holdings Value
Holdings 55 stocks · $724.0M
| BJRI Bj's Restaurants Inc. | 11.19% | 2,335,701 | $81.0M | Add +1.5% |
| TTSH Tile Shop Hldgs Inc. | 7.77% | 8,116,801 | $56.2M | Add +22.4% |
| CTRN Citi Trends Inc. | 7.46% | 2,541,986 | $54.0M | Add +51.6% |
| LBTYA Liberty Global Ltd. Class A | 7.26% | 3,016,903 | $52.6M | New |
| HIBB Hibbett Inc. | 6.94% | 575,753 | $50.2M | Reduce -46.9% |
| TLYS Tilly's Inc. Class A SHRS | 6.54% | 7,851,380 | $47.3M | Add +2.3% |
| FNKO Funko Inc. Class A | 6.21% | 4,607,092 | $45.0M | Add +45.1% |
| TPR Tapestry Inc. | 4.97% | 841,146 | $36.0M | Reduce -26.4% |
| FLWS 1-800-Flowers.com Inc. Class A | 4.88% | 3,707,811 | $35.3M | Add +29.7% |
| LOCO El Pollo Loco Holdings Inc. | 3.21% | 2,056,340 | $23.3M | Add +84.1% |
| VFC VF Corp. | 2.98% | 1,598,174 | $21.6M | Add +2030.9% |
| DXLG Destination XL Group Inc. | 2.88% | 5,732,261 | $20.9M | Reduce -3.7% |
| ZUMZ Zumiez Inc. | 2.65% | 984,022 | $19.2M | Add +4723.6% |
| VRA Vera Bradley Inc. | 2.49% | 2,875,855 | $18.0M | Reduce -6.6% |
| EYE National Vision Holdings Inc. | 1.87% | 1,033,710 | $13.5M | New |
| SIG Signet Jewelers Ltd. | 1.81% | 146,651 | $13.1M | New |
| DLTR Dollar Tree Inc. | 1.57% | 106,200 | $11.3M | Add +256.4% |
| CURV Torrid Holdings Inc. | 1.55% | 1,494,027 | $11.2M | Add +53.3% |
| JILL J. Jill Inc. | 1.53% | 317,519 | $11.1M | Add +90.3% |
| ZUO Zuora Inc. Class A | 1.47% | 1,072,274 | $10.6M | Add +16.5% |
| PLAY Dave & Buster's Entertainmen | 1.44% | 261,079 | $10.4M | New |
| M Macy's Inc. | 1.31% | 495,010 | $9.5M | New |
| SNAP Snap Inc. Class A | 1.08% | 472,819 | $7.9M | Reduce -25.1% |
| SFIX Stitch Fix Inc. Class A | 1.08% | 1,887,835 | $7.8M | Add +1787.8% |
| OXY Occidental Petroleum Corp. | 1.04% | 120,000 | $7.6M | No change |
| MDU Mdu Resources Group Inc. | 0.76% | 219,980 | $5.5M | New |
| FIVE Five Below | 0.62% | 41,028 | $4.5M | New |
| PLNT Planet Fitness Inc. Class A | 0.54% | 53,318 | $3.9M | New |
| XPOF Xponential Fitness Inc. Class A | 0.42% | 196,025 | $3.1M | New |
| PRKS United Parks & Resorts Inc. | 0.37% | 49,345 | $2.7M | New |
| UPWK Upwork Inc. | 0.35% | 235,000 | $2.5M | New |
| SONO Sonos Inc. | 0.34% | 166,524 | $2.5M | New |
| AEO American Eagle Outfitters | 0.34% | 122,705 | $2.4M | New |
| RRGB Red Robin Gourmet Burgers | 0.33% | 319,675 | $2.4M | Reduce -28.4% |
| PAR Par Technology Corp. | 0.26% | 39,434 | $1.9M | Reduce -81.0% |
| HLF Herbalife Ltd. | 0.24% | 170,099 | $1.8M | Reduce -44.2% |
| VNCE Vince Holding Corp. | 0.24% | 1,242,976 | $1.7M | No change |
| FWRG First Watch Restaurant Group | 0.24% | 97,305 | $1.7M | New |
| GO Grocery Outlet Holding Corp. | 0.21% | 68,000 | $1.5M | New |
| TSVT 2SEVENTY Bio Inc. | 0.21% | 388,416 | $1.5M | New |
| ANGO Angiodynamics Inc. | 0.20% | 245,138 | $1.5M | Reduce -53.9% |
| WWW Wolverine World Wide Inc. | 0.20% | 107,604 | $1.5M | New |
| RCM R1 RCM Inc. | 0.15% | 85,000 | $1.1M | New |
| ARWR Arrowhead Pharmaceuticals Inc. | 0.14% | 39,400 | $1.0M | New |
| NKE Nike Inc. Class B | 0.13% | 12,487 | $941K | New |
| BORR Borr Drilling Ltd. | 0.12% | 136,000 | $877K | No change |
| BBWI Bath & Body Works Inc. | 0.10% | 18,315 | $715K | New |
| PZZA Papa John's Intl Inc. | 0.06% | 10,000 | $470K | New |
| ASO Academy Sports & Outdoors Inc. | 0.06% | 8,670 | $462K | New |
| NXH Neighborhood Intelligence Inc. filed as BEYOND INC | 0.06% | 35,000 | $458K | New |
| STKS One Group Hospitality Inc. filed as THE ONE GROUP HOSPITALITY IN | 0.05% | 80,275 | $341K | No change |
| GIII G-III Apparel Group Ltd. | 0.04% | 10,000 | $271K | New |
| FOSL Fossil Group Inc. | 0.02% | 100,621 | $145K | No change |
| MTCH Match Group Inc. | 0.00% | 300 | $9K | New |
| WRBY Warby Parker Inc. Class A | 0.00% | 334 | $5K | New |
Options reported separately and not counted above: QQQ puts ($94.3M), IWM calls ($57.6M), PZZA calls ($23.5M), LBTYA calls ($8.7M), VFC calls ($5.4M), HLF calls ($5.2M), SNAP calls ($2.9M), FNKO calls ($2.0M).
Portfolio Sells Q1 2024 → Q2 2024
| HIBB Hibbett Inc. | Reduce -46.9% | 6.94% | −6.60 |
| SN Sharkninja Inc. | Sold out | 0.00% | −5.07 |
| TPR Tapestry Inc. | Reduce -26.4% | 4.97% | −3.86 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −2.93 |
| CROX Crocs Inc. | Sold out | 0.00% | −1.95 |
| CCL Carnival Corp. | Sold out | 0.00% | −1.41 |
| PAR Par Technology Corp. | Reduce -81.0% | 0.26% | −1.27 |
| VRA Vera Bradley Inc. | Reduce -6.6% | 2.49% | −0.92 |
| DXLG Destination XL Group Inc. | Reduce -3.7% | 2.88% | −0.60 |
| CVNA Carvana Co. | Sold out | 0.00% | −0.57 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −0.50 |
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −0.31 |
| ANGO Angiodynamics Inc. | Reduce -53.9% | 0.20% | −0.30 |
| HLF Herbalife Ltd. | Reduce -44.2% | 0.24% | −0.25 |
| PRGO Perrigo Co. PLC | Sold out | 0.00% | −0.25 |
| RRGB Red Robin Gourmet Burgers | Reduce -28.4% | 0.33% | −0.22 |
| CDLX Cardlytics Inc. | Sold out | 0.00% | −0.16 |
| TV Grupo Televisa SA-Spon ADR | Sold out | 0.00% | −0.10 |
| SNAP Snap Inc. Class A | Reduce -25.1% | 1.08% | −0.09 |
| TTI Tetra Technologies Inc. | Sold out | 0.00% | −0.07 |
Portfolio Buys Q1 2024 → Q2 2024
| LBTYA Liberty Global Ltd. Class A | New | 7.26% | +7.26 |
| FNKO Funko Inc. Class A | Add +45.1% | 6.21% | +2.99 |
| VFC VF Corp. | Add +2030.9% | 2.98% | +2.79 |
| ZUMZ Zumiez Inc. | Add +4723.6% | 2.65% | +2.60 |
| EYE National Vision Holdings Inc. | New | 1.87% | +1.87 |
| SIG Signet Jewelers Ltd. | New | 1.81% | +1.81 |
| LOCO El Pollo Loco Holdings Inc. | Add +84.1% | 3.21% | +1.44 |
| PLAY Dave & Buster's Entertainmen | New | 1.44% | +1.44 |
| M Macy's Inc. | New | 1.31% | +1.31 |
| SFIX Stitch Fix Inc. Class A | Add +1787.8% | 1.08% | +1.04 |
| DLTR Dollar Tree Inc. | Add +256.4% | 1.57% | +0.92 |
| CURV Torrid Holdings Inc. | Add +53.3% | 1.55% | +0.77 |
| MDU Mdu Resources Group Inc. | New | 0.76% | +0.76 |
| JILL J. Jill Inc. | Add +90.3% | 1.53% | +0.67 |
| FIVE Five Below | New | 0.62% | +0.62 |
| PLNT Planet Fitness Inc. Class A | New | 0.54% | +0.54 |
| XPOF Xponential Fitness Inc. Class A | New | 0.42% | +0.42 |
| PRKS United Parks & Resorts Inc. | New | 0.37% | +0.37 |
| UPWK Upwork Inc. | New | 0.35% | +0.35 |
| SONO Sonos Inc. | New | 0.34% | +0.34 |
| AEO American Eagle Outfitters | New | 0.34% | +0.34 |
| FWRG First Watch Restaurant Group | New | 0.24% | +0.24 |
| GO Grocery Outlet Holding Corp. | New | 0.21% | +0.21 |
| TSVT 2SEVENTY Bio Inc. | New | 0.21% | +0.21 |
| WWW Wolverine World Wide Inc. | New | 0.20% | +0.20 |
| TTSH Tile Shop Hldgs Inc. | Add +22.4% | 7.77% | +0.18 |
| RCM R1 RCM Inc. | New | 0.15% | +0.15 |
| ARWR Arrowhead Pharmaceuticals Inc. | New | 0.14% | +0.14 |
| NKE Nike Inc. Class B | New | 0.13% | +0.13 |
| ZUO Zuora Inc. Class A | Add +16.5% | 1.47% | +0.11 |
| BBWI Bath & Body Works Inc. | New | 0.10% | +0.10 |
| CTRN Citi Trends Inc. | Add +51.6% | 7.46% | +0.07 |
| PZZA Papa John's Intl Inc. | New | 0.06% | +0.06 |
| ASO Academy Sports & Outdoors Inc. | New | 0.06% | +0.06 |
| NXH Neighborhood Intelligence Inc. | New | 0.06% | +0.06 |
| GIII G-III Apparel Group Ltd. | New | 0.04% | +0.04 |
| MTCH Match Group Inc. | New | 0.00% | +0.00 |
| WRBY Warby Parker Inc. Class A | New | 0.00% | +0.00 |
| FLWS 1-800-Flowers.com Inc. Class A | Add +29.7% | 4.88% | −0.16 |
| TLYS Tilly's Inc. Class A SHRS | Add +2.3% | 6.54% | −1.95 |
| BJRI Bj's Restaurants Inc. | Add +1.5% | 11.19% | −2.35 |
Options Activity Q1 2024 → Q2 2024
| XRT SS SPDR S&P Retail ETF | put | Sold out | 2,000,000 | $158.0Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -1.6% | 196,800 | $94.3M |
| IWM iShares Russell 2000 ETF | call | New | 283,900 | $57.6M |
| TPR Tapestry Inc. | call | Sold out | 1,000,000 | $47.5Mbefore exit |
| PZZA Papa John's Intl Inc. | call | New | 500,000 | $23.5M |
| LBTYA Liberty Global Ltd. Class A | call | New | 500,000 | $8.7M |
| VFC VF Corp. | call | New | 400,000 | $5.4M |
| PLCE The Children's Place Inc. | put | Sold out | 400,000 | $4.6Mbefore exit |
| SNAP Snap Inc. Class A | call | Reduce -75.0% | 175,000 | $2.9M |
| FNKO Funko Inc. Class A | call | Reduce -60.0% | 200,000 | $2.0M |
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 |