In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Greenhouse Funds LLLP reported 35 stock positions worth $1.9 billion . Its top holding was Fluor (FLR) at 5.7% of the portfolio, followed by Universal Display (OLED, 5.6% ) and Sportradar Group AG-A (SRAD, 5.4% ). Compared with Q1 2024, it opened 7 new positions, sold out of 4, added to 23 and reduced 5. The biggest buy was a new position in NCR Voyix (VYX) and the biggest sale an exit from Hashicorp Class A (HCP).
Location BALTIMORE, MD
CIK 0001626220
Portfolio Value $1.9B (Q2 2024) Holdings 35 stocks · $1.9B 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 Q1 2024 FLR Fluor Corp. 2,503,576 $109.0M Add +19.0% OLED Universal Display Corp. 508,349 $106.9M Add +22.0% SRAD Sportradar Group AG-A 9,194,571 $102.8M Add +20.6% CDRE Cadre Holdings Inc. 2,856,716 $95.9M Add +10.6% CHEF The Chefs' Warehouse Inc. 2,442,825 $95.5M Reduce -1.6% ENV Envestnet Inc. 1,423,675 $89.1M Add +19.9% MMSI Merit Medical Systems Inc. 925,884 $79.6M Add +7.5% AVDX Avidxchange Holdings Inc. 6,493,299 $78.3M Add +45.3% MSGS Madison Square Garden Sports 407,212 $76.6M Add +17.4% VMI Valmont Industries 270,263 $74.2M Add +29.7% YOU Clear Secure Inc. Class A 3,605,211 $67.5M Add +44.0% BILL Bill Holdings Inc. 1,271,477 $66.9M Add +92.5% NEO Neogenomics Inc. 4,784,941 $66.4M Add +8.8% MCW Mister Car Wash Inc. 9,176,216 $65.3M Add +25.5% HQY Healthequity Inc. 756,694 $65.2M Add +49.4% VYX NCR Voyix Corp. 4,389,439 $54.2M New GTM Zoominfo Technologies Inc. 4,171,875 $53.3M New OII Oceaneering Intl Inc. 2,244,898 $53.1M Add +17.6% INFN Infinera Corp. 8,565,059 $52.2M Reduce -2.7% BLKB Blackbaud Inc. 671,476 $51.1M Reduce -26.7% VSTO Vista Outdoor Inc. 1,172,172 $44.1M Add +57.8% HAYW Hayward Holdings Inc. 3,531,392 $43.4M Add +27.7% TOST Toast Inc. Class A 1,642,459 $42.3M Add +16.0% PTEN Patterson-Uti Energy Inc. 4,011,028 $41.6M Add +23.0% PHR Phreesia Inc. 1,845,031 $39.1M Add +79.6% NCLH Norwegian Cruise Line Holdin 1,993,183 $37.5M New CLAR Clarus Corp. 5,317,771 $35.8M Add +11.2% GSAT Globalstar Inc. 23,191,778 $26.0M Add +24.3% GNRC Generac Holdings Inc. 185,728 $24.6M Add +45.8% HII Huntington Ingalls Industrie 72,758 $17.9M New ALAB Astera Labs Inc. 250,545 $15.2M New GTLB Gitlab Inc. Class A 293,982 $14.6M New RNG Ringcentral Inc. Class A 345,471 $9.7M Reduce -73.2% NVT Nvent Electric PLC 112,789 $8.6M Reduce -16.3% RBC RBC Bearings Inc. 17,296 $4.7M New
Options reported separately and not counted above: VSTO calls ($40.3M), GPN calls ($21.8M), VFC calls ($13.5M), VC calls ($4.5M), INFN calls ($3.0M).
Portfolio Sells Q1 2024 → Q2 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 Q1 2024 % Of Portfolio Change To Portfolio ▲ HCP Hashicorp Inc. Class A Sold out 0.00% −3.07 EFX Equifax Inc. Sold out 0.00% −2.36 RNG Ringcentral Inc. Class A Reduce -73.2% 0.51% −2.31 BLKB Blackbaud Inc. Reduce -26.7% 2.68% −1.61 IP International Paper Co. Sold out 0.00% −1.02 FVRR Fiverr International Ltd. Sold out 0.00% −0.97 CHEF The Chefs' Warehouse Inc. Reduce -1.6% 5.01% −0.89 INFN Infinera Corp. Reduce -2.7% 2.73% −0.62 NVT Nvent Electric PLC Reduce -16.3% 0.45% −0.19
Portfolio Buys Q1 2024 → Q2 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 Q1 2024 % Of Portfolio Change To Portfolio ▼ VYX NCR Voyix Corp. New 2.84% +2.84 GTM Zoominfo Technologies Inc. New 2.79% +2.79 NCLH Norwegian Cruise Line Holdin New 1.96% +1.96 OLED Universal Display Corp. Add +22.0% 5.60% +1.17 HII Huntington Ingalls Industrie New 0.94% +0.94 VMI Valmont Industries Add +29.7% 3.89% +0.88 HQY Healthequity Inc. Add +49.4% 3.42% +0.81 ALAB Astera Labs Inc. New 0.79% +0.79 VSTO Vista Outdoor Inc. Add +57.8% 2.31% +0.78 GTLB Gitlab Inc. Class A New 0.77% +0.77 BILL Bill Holdings Inc. Add +92.5% 3.51% +0.64 PHR Phreesia Inc. Add +79.6% 2.05% +0.50 AVDX Avidxchange Holdings Inc. Add +45.3% 4.10% +0.40 ENV Envestnet Inc. Add +19.9% 4.67% +0.33 GNRC Generac Holdings Inc. Add +45.8% 1.29% +0.27 RBC RBC Bearings Inc. New 0.24% +0.24 YOU Clear Secure Inc. Class A Add +44.0% 3.54% +0.17 FLR Fluor Corp. Add +19.0% 5.71% +0.10 MMSI Merit Medical Systems Inc. Add +7.5% 4.17% +0.05 TOST Toast Inc. Class A Add +16.0% 2.22% −0.01 MSGS Madison Square Garden Sports Add +17.4% 4.01% −0.02 OII Oceaneering Intl Inc. Add +17.6% 2.78% −0.04 MCW Mister Car Wash Inc. Add +25.5% 3.42% −0.15 CLAR Clarus Corp. Add +11.2% 1.88% −0.16 SRAD Sportradar Group AG-A Add +20.6% 5.39% −0.22 PTEN Patterson-Uti Energy Inc. Add +23.0% 2.18% −0.28 GSAT Globalstar Inc. Add +24.3% 1.36% −0.37 HAYW Hayward Holdings Inc. Add +27.7% 2.28% −0.40 CDRE Cadre Holdings Inc. Add +10.6% 5.02% −0.88 NEO Neogenomics Inc. Add +8.8% 3.48% −0.88
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ VSTO Vista Outdoor Inc. call Add +7.2% 1,071,500 $40.3M PAYX Paychex Inc. call Sold out 200,000 $24.6Mbefore exit GPN Global Payments Inc. call New 225,000 $21.8M VFC VF Corp. call New 1,000,000 $13.5M ADT Adt Inc. call Sold out 1,500,000 $10.1Mbefore exit VC Visteon Corp. call New 41,800 $4.5M SRAD Sportradar Group AG-A call Sold out 100,000 $1.2Mbefore 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 29 $1.9B VYX, RBC, NEO, SRAD, HQY Q1 2026 28 $2.1B SRAD, GSAT, RBC, VYX, BILL Q4 2025 33 $2.6B VYX, BILL, SRAD, GSAT, NCLH Q3 2025 32 $2.6B VYX, SRAD, BILL, NCLH, GTM Q2 2025 31 $2.4B SRAD, VYX, BILL, OLED, GTM Q1 2025 33 $2.1B SRAD, VYX, MCW, BILL, AVDX Q4 2024 32 $2.3B SRAD, CHEF, FLR, BILL, VYX Q3 2024 33 $2.0B FLR, SRAD, OLED, CDRE, VYX Q2 2024 35 $1.9B FLR, OLED, SRAD, CDRE, CHEF Q1 2024 32 $1.6B CDRE, CHEF, FLR, SRAD, OLED