Fund 1 Investments, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Fund 1 Investments, LLC reported 62 stock positions worth $768.3 million. Its top holding was Citi Trends (CTRN) at 14.5% of the portfolio, followed by Jumia Technologies AG-ADR (JMIA, 11.1%) and Celsius (CELH, 7.3%). Compared with Q4 2025, it opened 34 new positions, sold out of 21, added to 15 and reduced 9. The biggest buy was VF (VFC, shares +393%) and the biggest sale Enviri (NVRI, shares −65%).
- Most Recent 13F
- Q2 2026
- Location
- RINCON, PR
- CIK
- 0001959730
- Portfolio Value
- $768.3M (Q1 2026)
- SEC Filing
- 0000929638-26-001896 ↗ filed May 15, 2026
Holdings Value
Holdings 62 stocks · $768.3M
| CTRN Citi Trends Inc. | 14.51% | 2,573,486 | $111.5M | No change |
| JMIA Jumia Technologies AG-ADR | 11.07% | 12,325,000 | $85.0M | Add +40.8% |
| CELH Celsius Holdings Inc. | 7.26% | 1,571,764 | $55.8M | Add +33.5% |
| VFC VF Corp. | 6.31% | 2,853,537 | $48.5M | Add +393.0% |
| RDDT Reddit Inc. Class A | 5.74% | 327,400 | $44.1M | Add +147.7% |
| TLYS Tilly's Inc. Class A SHRS | 4.25% | 8,058,268 | $32.6M | No change |
| CPNG Coupang Inc. | 4.10% | 1,670,266 | $31.5M | Add +2936.8% |
| AMZN Amazon.com Inc. | 3.98% | 146,846 | $30.6M | Add +68.8% |
| NVRI Enviri Corp. | 3.84% | 1,503,900 | $29.5M | Reduce -65.0% |
| BBWI Bath & Body Works Inc. | 3.09% | 1,270,179 | $23.7M | Add +277.6% |
| APP AppLovin Corp. Class A | 2.59% | 49,966 | $19.9M | New |
| CURV Torrid Holdings Inc. | 2.25% | 9,728,045 | $17.3M | Reduce -1.8% |
| FNKO Funko Inc. Class A | 2.20% | 5,365,798 | $16.9M | Add +2.2% |
| FLWS 1-800-Flowers.com Inc. Class A | 2.12% | 5,359,437 | $16.3M | No change |
| SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD | 2.03% | 459,717 | $15.6M | New |
| SE Sea Ltd.-ADR | 1.90% | 176,078 | $14.6M | Add +122.9% |
| GLNG Golar LNG Ltd. | 1.66% | 236,302 | $12.8M | New |
| GCO Genesco Inc. | 1.60% | 425,310 | $12.3M | Reduce -56.9% |
| AVBP Arrivent Biopharma Inc. | 1.50% | 499,990 | $11.5M | Reduce -11.6% |
| TLN Talen Energy Corp. | 1.45% | 35,000 | $11.2M | Add +89.2% |
| WW WW International Inc.-New filed as WW INTL INC | 1.39% | 779,629 | $10.7M | Add +4596.6% |
| BJRI Bj's Restaurants Inc. | 1.32% | 289,308 | $10.2M | Add +2069.2% |
| DVA Davita Inc. | 1.09% | 54,256 | $8.3M | New |
| JILL J. Jill Inc. | 1.01% | 675,304 | $7.7M | Add +25.4% |
| AMD Advanced Micro Devices | 0.91% | 34,500 | $7.0M | Reduce -60.4% |
| SFIX Stitch Fix Inc. Class A | 0.85% | 1,970,000 | $6.5M | Add +36.6% |
| ROST Ross Stores Inc. | 0.82% | 29,000 | $6.3M | New |
| CROX Crocs Inc. | 0.81% | 75,000 | $6.2M | New |
| ETD Ethan Allen Interiors Inc. | 0.74% | 254,838 | $5.7M | New |
| LOCO El Pollo Loco Holdings Inc. | 0.73% | 407,341 | $5.6M | Reduce -45.3% |
| DAVE Dave Inc. | 0.68% | 30,214 | $5.3M | New |
| PLAY Dave & Buster's Entertainmen | 0.54% | 383,228 | $4.2M | Reduce -15.6% |
| COLD Americold Realty Trust Inc. | 0.54% | 360,000 | $4.1M | New |
| NVDA Nvidia Corp. | 0.52% | 23,000 | $4.0M | New |
| DXLG Destination XL Group Inc. | 0.38% | 5,758,261 | $2.9M | No change |
| VRA Vera Bradley Inc. | 0.33% | 795,000 | $2.5M | New |
| U Unity Software Inc. | 0.29% | 102,306 | $2.2M | New |
| ICLR Icon PLC | 0.28% | 19,527 | $2.2M | New |
| SPGI S&P Global Inc. | 0.28% | 5,000 | $2.1M | New |
| CMG Chipotle Mexican Grill Inc. | 0.27% | 65,000 | $2.1M | Add +62.5% |
| DKNG Draftkings Inc. Class A | 0.27% | 95,946 | $2.1M | New |
| CPRI Capri Holdings Ltd. | 0.26% | 113,620 | $2.0M | New |
| MU Micron Technology Inc. | 0.22% | 5,000 | $1.7M | Reduce -88.6% |
| CVS CVS Health Corp. | 0.21% | 22,759 | $1.6M | New |
| ADUS Addus Homecare Corp. | 0.20% | 16,339 | $1.5M | New |
| FIGR Figure Technology Solut Class A | 0.16% | 37,133 | $1.3M | New |
| SGHC Super Group SGHC Ltd. | 0.16% | 115,000 | $1.2M | New |
| BIDU Baidu Inc. - Spon ADR | 0.14% | 10,000 | $1.1M | Reduce -53.1% |
| PUMP Propetro Holding Corp. | 0.12% | 65,146 | $939K | New |
| TDG Transdigm Group Inc. | 0.12% | 800 | $927K | New |
| CORZ Core Scientific Inc. | 0.12% | 60,459 | $904K | New |
| UNH Unitedhealth Group Inc. | 0.11% | 3,260 | $882K | New |
| WAY Waystar Holding Corp. | 0.11% | 3,260 | $843K | New |
| WOLF Wolfspeed Inc. | 0.11% | 50,000 | $816K | New |
| BHVN Biohaven Ltd. | 0.10% | 90,000 | $761K | New |
| AKAM Akamai Technologies Inc. | 0.07% | 4,500 | $517K | New |
| DUOT Duos Technologies Group Inc. | 0.07% | 75,000 | $515K | New |
| UAL United Airlines Holdings Inc. | 0.06% | 5,000 | $460K | New |
| FCX Freeport-McMoran Inc. | 0.06% | 7,500 | $441K | New |
| FTRE Fortrea Holdings Inc. | 0.05% | 43,430 | $409K | New |
| SNAP Snap Inc. Class A | 0.03% | 50,000 | $230K | New |
| FIRY Firy Inc. filed as SKILLZ INC | 0.00% | 1,000 | $3K | New |
Options reported separately and not counted above: MOS calls ($51.5M), RDDT calls ($26.9M), CELH calls ($17.7M), QQQ puts ($7.5M).
Portfolio Sells Q4 2025 → Q1 2026
| NVRI Enviri Corp. | Reduce -65.0% | 3.84% | −7.30 |
| DOCN Digitalocean Holdings Inc. | Sold out | 0.00% | −2.61 |
| TPR Tapestry Inc. | Sold out | 0.00% | −1.97 |
| GCO Genesco Inc. | Reduce -56.9% | 1.60% | −1.93 |
| AMD Advanced Micro Devices | Reduce -60.4% | 0.91% | −1.79 |
| MU Micron Technology Inc. | Reduce -88.6% | 0.22% | −1.60 |
| PAR Par Technology Corp. | Sold out | 0.00% | −1.09 |
| TXRH Texas Roadhouse Inc. | Sold out | 0.00% | −0.93 |
| WING Wingstop Inc. | Sold out | 0.00% | −0.86 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.75 |
| LEG Leggett & Platt Inc. | Sold out | 0.00% | −0.71 |
| PLAY Dave & Buster's Entertainmen | Reduce -15.6% | 0.54% | −0.53 |
| BURL Burlington Stores Inc. | Sold out | 0.00% | −0.50 |
| BLMN Bloomin' Brands Inc. | Sold out | 0.00% | −0.47 |
| LOCO El Pollo Loco Holdings Inc. | Reduce -45.3% | 0.73% | −0.39 |
| CAL Caleres Inc. | Sold out | 0.00% | −0.38 |
| FOSL Fossil Group Inc. | Sold out | 0.00% | −0.35 |
| SIG Signet Jewelers Ltd. | Sold out | 0.00% | −0.30 |
| BIDU Baidu Inc. - Spon ADR | Reduce -53.1% | 0.14% | −0.26 |
| GOOS Canada Goose Holdings Inc. | Sold out | 0.00% | −0.26 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.22 |
| SG Sweetgreen Inc. Class A | Sold out | 0.00% | −0.20 |
| SWIM Latham Group Inc. | Sold out | 0.00% | −0.16 |
| PRMB Primo Brands Corp. | Sold out | 0.00% | −0.15 |
| OLPX Olaplex Holdings Inc. | Sold out | 0.00% | −0.15 |
| AVBP Arrivent Biopharma Inc. | Reduce -11.6% | 1.50% | −0.15 |
| TBBB BBB Foods Inc. Class A | Sold out | 0.00% | −0.14 |
| GRPN Groupon Inc. | Sold out | 0.00% | −0.09 |
| PZZA Papa John's Intl Inc. | Sold out | 0.00% | −0.06 |
| CURV Torrid Holdings Inc. | Reduce -1.8% | 2.25% | +0.85 |
Portfolio Buys Q4 2025 → Q1 2026
| VFC VF Corp. | Add +393.0% | 6.31% | +4.79 |
| CPNG Coupang Inc. | Add +2936.8% | 4.10% | +3.92 |
| APP AppLovin Corp. Class A | New | 2.59% | +2.59 |
| BBWI Bath & Body Works Inc. | Add +277.6% | 3.09% | +2.11 |
| SHOO Steven Madden Ltd. | New | 2.03% | +2.03 |
| GLNG Golar LNG Ltd. | New | 1.66% | +1.66 |
| RDDT Reddit Inc. Class A | Add +147.7% | 5.74% | +1.34 |
| WW WW International Inc.-New | Add +4596.6% | 1.39% | +1.32 |
| BJRI Bj's Restaurants Inc. | Add +2069.2% | 1.32% | +1.25 |
| DVA Davita Inc. | New | 1.09% | +1.09 |
| AMZN Amazon.com Inc. | Add +68.8% | 3.98% | +1.07 |
| ROST Ross Stores Inc. | New | 0.82% | +0.82 |
| CROX Crocs Inc. | New | 0.81% | +0.81 |
| ETD Ethan Allen Interiors Inc. | New | 0.74% | +0.74 |
| DAVE Dave Inc. | New | 0.68% | +0.68 |
| COLD Americold Realty Trust Inc. | New | 0.54% | +0.54 |
| NVDA Nvidia Corp. | New | 0.52% | +0.52 |
| TLN Talen Energy Corp. | Add +89.2% | 1.45% | +0.45 |
| SE Sea Ltd.-ADR | Add +122.9% | 1.90% | +0.44 |
| VRA Vera Bradley Inc. | New | 0.33% | +0.33 |
| U Unity Software Inc. | New | 0.29% | +0.29 |
| ICLR Icon PLC | New | 0.28% | +0.28 |
| SPGI S&P Global Inc. | New | 0.28% | +0.28 |
| DKNG Draftkings Inc. Class A | New | 0.27% | +0.27 |
| CPRI Capri Holdings Ltd. | New | 0.26% | +0.26 |
| CVS CVS Health Corp. | New | 0.21% | +0.21 |
| ADUS Addus Homecare Corp. | New | 0.20% | +0.20 |
| FIGR Figure Technology Solut Class A | New | 0.16% | +0.16 |
| SGHC Super Group SGHC Ltd. | New | 0.16% | +0.16 |
| PUMP Propetro Holding Corp. | New | 0.12% | +0.12 |
| TDG Transdigm Group Inc. | New | 0.12% | +0.12 |
| CORZ Core Scientific Inc. | New | 0.12% | +0.12 |
| UNH Unitedhealth Group Inc. | New | 0.11% | +0.11 |
| WAY Waystar Holding Corp. | New | 0.11% | +0.11 |
| WOLF Wolfspeed Inc. | New | 0.11% | +0.11 |
| BHVN Biohaven Ltd. | New | 0.10% | +0.10 |
| AKAM Akamai Technologies Inc. | New | 0.07% | +0.07 |
| DUOT Duos Technologies Group Inc. | New | 0.07% | +0.07 |
| UAL United Airlines Holdings Inc. | New | 0.06% | +0.06 |
| FCX Freeport-McMoran Inc. | New | 0.06% | +0.06 |
| CMG Chipotle Mexican Grill Inc. | Add +62.5% | 0.27% | +0.06 |
| FTRE Fortrea Holdings Inc. | New | 0.05% | +0.05 |
| SNAP Snap Inc. Class A | New | 0.03% | +0.03 |
| FIRY Firy Inc. | New | 0.00% | +0.00 |
| JILL J. Jill Inc. | Add +25.4% | 1.01% | −0.06 |
| SFIX Stitch Fix Inc. Class A | Add +36.6% | 0.85% | −0.25 |
| FNKO Funko Inc. Class A | Add +2.2% | 2.20% | −0.38 |
| CELH Celsius Holdings Inc. | Add +33.5% | 7.26% | −0.54 |
| JMIA Jumia Technologies AG-ADR | Add +40.8% | 11.07% | −4.76 |
Options Activity Q4 2025 → Q1 2026
| RSP Invesco S&P 500 Equal Weight | call | Sold out | 350,000 | $67.0Mbefore exit |
| MOS The Mosaic Co. | call | New | 2,020,000 | $51.5M |
| BRK.B Berkshire Hathaway Inc. Class B | put | Sold out | 100,000 | $50.3Mbefore exit |
| RDDT Reddit Inc. Class A | call | New | 200,000 | $26.9M |
| CELH Celsius Holdings Inc. | call | New | 500,000 | $17.7M |
| QQQ Invesco QQQ Trust Series 1 | put | New | 13,000 | $7.5M |
| JMIA Jumia Technologies AG-ADR | call | Sold out | 500,000 | $6.2Mbefore exit |
| RKT Rocket Cos Inc. Class A | call | Sold out | 170,000 | $3.3Mbefore exit |
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 |