In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Fund 1 Investments, LLC reported 58 stock positions worth $641.1 million . Its top holding was Liberty Global Class A (LBTYA) at 12.0% of the portfolio, followed by Bj's Restaurants (BJRI, 11.8% ) and Tile Shop (TTSH, 9.2% ). Compared with Q2 2024, it opened 23 new positions, sold out of 20, added to 15 and reduced 14. The biggest buy was Five Below (FIVE, shares +870% ) and the biggest sale an exit from Hibbett (HIBB).
Location RINCON, PR
CIK 0001959730
Portfolio Value $641.1M (Q3 2024) Holdings 58 stocks · $641.1M 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 Q2 2024 LBTYA Liberty Global Ltd. Class A 3,642,356 $76.9M Add +20.7% BJRI Bj's Restaurants Inc. 2,318,131 $75.5M Reduce -0.8% TTSH Tile Shop Hldgs Inc. 8,905,343 $58.7M Add +9.7% CTRN Citi Trends Inc. 2,573,486 $47.3M Add +1.2% TLYS Tilly's Inc. Class A SHRS 8,174,879 $41.7M Add +4.1% FNKO Funko Inc. Class A 2,903,467 $35.5M Reduce -37.0% FIVE Five Below 397,850 $35.2M Add +869.7% FLWS 1-800-Flowers.com Inc. Class A 3,713,364 $29.4M Add +0.1% LOCO El Pollo Loco Holdings Inc. 2,079,980 $28.5M Add +1.1% DXLG Destination XL Group Inc. 5,758,261 $16.9M Add +0.5% AMZN Amazon.com Inc. 85,000 $15.8M New CURV Torrid Holdings Inc. 3,945,618 $15.5M Add +164.1% VRA Vera Bradley Inc. 2,615,155 $14.3M Reduce -9.1% ZUO Zuora Inc. Class A 1,338,768 $11.5M Add +24.9% PAR Par Technology Corp. 206,985 $10.8M Add +424.9% TPR Tapestry Inc. 220,154 $10.3M Reduce -73.8% GOOG Alphabet Inc. Class C 60,500 $10.1M New SIG Signet Jewelers Ltd. 97,644 $10.1M Reduce -33.4% GAP The Gap Inc. 359,538 $7.9M New EYE National Vision Holdings Inc. 661,717 $7.2M Reduce -36.0% BBWI Bath & Body Works Inc. 178,518 $5.7M Add +874.7% INDV Indivior Ltd. 550,403 $5.4M New FIVN FIVE9 Inc. 183,459 $5.3M New JILL J. Jill Inc. 201,447 $5.0M Reduce -36.6% SNAP Snap Inc. Class A 439,519 $4.7M Reduce -7.0% ZUMZ Zumiez Inc. 185,891 $4.0M Reduce -81.1% WWW Wolverine World Wide Inc. 214,377 $3.7M Add +99.2% UPWK Upwork Inc. 326,381 $3.4M Add +38.9% UA Under Armour Inc. Class C 401,000 $3.4M New RH RH 9,240 $3.1M New MDU Mdu Resources Group Inc. 110,000 $3.0M Reduce -50.0% BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 36,278 $3.0M New APLD Applied Digital Corp. 322,437 $2.7M New CLBT Cellebrite Di Ltd. 145,422 $2.4M New SFIX Stitch Fix Inc. Class A 867,968 $2.4M Reduce -54.0% XPOF Xponential Fitness Inc. Class A 196,025 $2.4M No change VNCE Vince Holding Corp. 1,242,976 $2.3M No change VFC VF Corp. 106,000 $2.1M Reduce -93.4% CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP 189,500 $2.1M New TSVT 2SEVENTY Bio Inc. 388,416 $1.8M No change HLF Herbalife Ltd. 231,044 $1.7M Add +35.8% AMD Advanced Micro Devices 8,500 $1.4M New ANGO Angiodynamics Inc. 175,238 $1.4M Reduce -28.5% CPRI Capri Holdings Ltd. 29,216 $1.2M New EWCZ European Wax Center Inc. Class A 173,000 $1.2M New XYZ Block Inc. 15,000 $1.0M New GRND Grindr Inc. 83,000 $990K New INTC Intel Corp. 42,000 $985K New IBTA Ibotta Inc. Class A 14,500 $893K New ARWR Arrowhead Pharmaceuticals Inc. 39,400 $763K No change BORR Borr Drilling Ltd. 136,000 $747K No change GCO Genesco Inc. 21,213 $576K New W Wayfair Inc. Class A 10,000 $562K New SONO Sonos Inc. 28,763 $353K Reduce -82.7% ARHS Arhaus Inc. 15,000 $185K New FOSL Fossil Group Inc. 100,621 $118K No change DMRC Digimarc Corp. 2,450 $66K New LINE Lineage Inc. 500 $39K New
Options reported separately and not counted above: SPY puts ($162.7M), QQQ puts ($134.0M), IWM puts ($64.2M), XRT puts ($44.1M), LBTYA calls ($10.6M), SHOE puts ($8.8M), HLF calls ($3.6M), FIVE calls ($2.7M), CURV calls ($983K).
Portfolio Sells Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▲ HIBB Hibbett Inc. Sold out 0.00% −6.94 TPR Tapestry Inc. Reduce -73.8% 1.61% −3.36 VFC VF Corp. Reduce -93.4% 0.33% −2.65 ZUMZ Zumiez Inc. Reduce -81.1% 0.62% −2.03 DLTR Dollar Tree Inc. Sold out 0.00% −1.57 PLAY Dave & Buster's Entertainmen Sold out 0.00% −1.44 M Macy's Inc. Sold out 0.00% −1.31 OXY Occidental Petroleum Corp. Sold out 0.00% −1.04 JILL J. Jill Inc. Reduce -36.6% 0.78% −0.76 EYE National Vision Holdings Inc. Reduce -36.0% 1.13% −0.74 SFIX Stitch Fix Inc. Class A Reduce -54.0% 0.38% −0.70 FNKO Funko Inc. Class A Reduce -37.0% 5.53% −0.68 PLNT Planet Fitness Inc. Class A Sold out 0.00% −0.54 PRKS United Parks & Resorts Inc. Sold out 0.00% −0.37 SNAP Snap Inc. Class A Reduce -7.0% 0.73% −0.35 AEO American Eagle Outfitters Sold out 0.00% −0.34 RRGB Red Robin Gourmet Burgers Sold out 0.00% −0.33 MDU Mdu Resources Group Inc. Reduce -50.0% 0.47% −0.29 SONO Sonos Inc. Reduce -82.7% 0.06% −0.28 VRA Vera Bradley Inc. Reduce -9.1% 2.23% −0.26 SIG Signet Jewelers Ltd. Reduce -33.4% 1.57% −0.24 FWRG First Watch Restaurant Group Sold out 0.00% −0.24 GO Grocery Outlet Holding Corp. Sold out 0.00% −0.21 RCM R1 RCM Inc. Sold out 0.00% −0.15 NKE Nike Inc. Class B Sold out 0.00% −0.13 PZZA Papa John's Intl Inc. Sold out 0.00% −0.06 ASO Academy Sports & Outdoors Inc. Sold out 0.00% −0.06 NXH Neighborhood Intelligence Inc. Sold out 0.00% −0.06 STKS One Group Hospitality Inc. Sold out 0.00% −0.05 GIII G-III Apparel Group Ltd. Sold out 0.00% −0.04 MTCH Match Group Inc. Sold out 0.00% −0.00 WRBY Warby Parker Inc. Class A Sold out 0.00% −0.00 ANGO Angiodynamics Inc. Reduce -28.5% 0.21% +0.01 BJRI Bj's Restaurants Inc. Reduce -0.8% 11.77% +0.58
Portfolio Buys Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▼ FIVE Five Below Add +869.7% 5.48% +4.86 LBTYA Liberty Global Ltd. Class A Add +20.7% 11.99% +4.73 AMZN Amazon.com Inc. New 2.47% +2.47 GOOG Alphabet Inc. Class C New 1.58% +1.58 PAR Par Technology Corp. Add +424.9% 1.68% +1.42 TTSH Tile Shop Hldgs Inc. Add +9.7% 9.15% +1.38 GAP The Gap Inc. New 1.24% +1.24 LOCO El Pollo Loco Holdings Inc. Add +1.1% 4.44% +1.23 CURV Torrid Holdings Inc. Add +164.1% 2.42% +0.87 INDV Indivior Ltd. New 0.84% +0.84 FIVN FIVE9 Inc. New 0.82% +0.82 BBWI Bath & Body Works Inc. Add +874.7% 0.89% +0.79 UA Under Armour Inc. Class C New 0.52% +0.52 RH RH New 0.48% +0.48 BJ Bj's Wholesale Club Holdings New 0.47% +0.47 APLD Applied Digital Corp. New 0.41% +0.41 CLBT Cellebrite Di Ltd. New 0.38% +0.38 WWW Wolverine World Wide Inc. Add +99.2% 0.58% +0.38 ZUO Zuora Inc. Class A Add +24.9% 1.80% +0.33 CALY Callaway Golf Company New 0.32% +0.32 AMD Advanced Micro Devices New 0.22% +0.22 CPRI Capri Holdings Ltd. New 0.19% +0.19 EWCZ European Wax Center Inc. Class A New 0.18% +0.18 UPWK Upwork Inc. Add +38.9% 0.53% +0.18 XYZ Block Inc. New 0.16% +0.16 GRND Grindr Inc. New 0.15% +0.15 INTC Intel Corp. New 0.15% +0.15 IBTA Ibotta Inc. Class A New 0.14% +0.14 GCO Genesco Inc. New 0.09% +0.09 W Wayfair Inc. Class A New 0.09% +0.09 ARHS Arhaus Inc. New 0.03% +0.03 HLF Herbalife Ltd. Add +35.8% 0.26% +0.01 DMRC Digimarc Corp. New 0.01% +0.01 LINE Lineage Inc. New 0.01% +0.01 TLYS Tilly's Inc. Class A SHRS Add +4.1% 6.50% −0.04 CTRN Citi Trends Inc. Add +1.2% 7.37% −0.09 DXLG Destination XL Group Inc. Add +0.5% 2.64% −0.24 FLWS 1-800-Flowers.com Inc. Class A Add +0.1% 4.59% −0.28
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put New 283,500 $162.7M QQQ Invesco QQQ Trust Series 1 put Add +39.5% 274,500 $134.0M IWM iShares Russell 2000 ETF put New 290,600 $64.2M IWM iShares Russell 2000 ETF call Sold out 283,900 $57.6Mbefore exit XRT SS SPDR S&P Retail ETF put New 567,000 $44.1M PZZA Papa John's Intl Inc. call Sold out 500,000 $23.5Mbefore exit SHOE Shoe Station Group Inc. put New 200,000 $8.8M VFC VF Corp. call Sold out 400,000 $5.4Mbefore exit SNAP Snap Inc. Class A call Sold out 175,000 $2.9Mbefore exit FIVE Five Below call New 30,000 $2.7M FNKO Funko Inc. Class A call Sold out 200,000 $2.0Mbefore exit CURV Torrid Holdings Inc. call New 250,000 $983K
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