Harspring Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Harspring Capital Management, LLC reported 17 stock positions worth $351.8 million. Its top holding was Cogent Communications Holdin (CCOI) at 22.7% of the portfolio, followed by Amazon.com (AMZN, 9.3%) and Meta Platforms Class A (META, 8.9%). Compared with Q3 2024, it sold out of 1, added to 2 and reduced 11. The biggest buy was Thryv (THRY, shares +39%) and the biggest sale Enstar (ESGR, shares −60%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001652327
- Portfolio Value
- $351.8M (Q4 2024)
- SEC Filing
- 0001652327-25-000003 ↗ filed Feb 13, 2025
Holdings Value
Holdings 17 stocks · $351.8M
| CCOI Cogent Communications Holdin | 22.67% | 1,034,797 | $79.8M | Reduce -12.0% |
| AMZN Amazon.com Inc. | 9.31% | 149,200 | $32.7M | Reduce -14.3% |
| META Meta Platforms Inc. Class A | 8.91% | 53,500 | $31.3M | Reduce -12.3% |
| ENVA Enova International Inc. | 8.24% | 302,360 | $29.0M | Reduce -26.3% |
| PPLI People Inc. filed as IAC INC | 6.68% | 545,000 | $23.5M | Reduce -23.2% |
| GOOG Alphabet Inc. Class C | 6.37% | 117,650 | $22.4M | No change |
| NWSA News Corp. Class A | 5.92% | 756,500 | $20.8M | Reduce -7.9% |
| ESGR Enstar Group Ltd. | 5.68% | 62,000 | $20.0M | Reduce -59.7% |
| HAPN Happen Inc. filed as LENDINGCLUB CORP | 4.88% | 1,060,000 | $17.2M | Reduce -8.6% |
| RUSHA Rush Enterprises Inc. Class A | 4.52% | 290,000 | $15.9M | Reduce -6.5% |
| UHAL.B U-Haul Holding Co.-Non Voting | 4.19% | 230,000 | $14.7M | Reduce -9.8% |
| THRY Thryv Holdings Inc. | 3.71% | 882,500 | $13.1M | Add +39.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.16% | 24,500 | $11.1M | No change |
| TPB Turning Point Brands Inc. | 3.10% | 181,500 | $10.9M | No change |
| LGIH Lgi Homes Inc. | 1.18% | 46,350 | $4.1M | No change |
| OEC Orion SA | 0.99% | 220,000 | $3.5M | Reduce -61.1% |
| DIBS 1STDIBS.COM Inc. | 0.50% | 500,000 | $1.8M | Add +13.5% |
Portfolio Sells Q3 2024 → Q4 2024
| ESGR Enstar Group Ltd. | Reduce -59.7% | 5.68% | −6.10 |
| PPLI People Inc. | Reduce -23.2% | 6.68% | −2.40 |
| OEC Orion SA | Reduce -61.1% | 0.99% | −1.41 |
| WD Walker & Dunlop Inc. | Sold out | 0.00% | −1.12 |
| UHAL.B U-Haul Holding Co.-Non Voting | Reduce -9.8% | 4.19% | −0.18 |
| ENVA Enova International Inc. | Reduce -26.3% | 8.24% | +0.07 |
| META Meta Platforms Inc. Class A | Reduce -12.3% | 8.91% | +0.60 |
| RUSHA Rush Enterprises Inc. Class A | Reduce -6.5% | 4.52% | +0.62 |
| NWSA News Corp. Class A | Reduce -7.9% | 5.92% | +0.72 |
| CCOI Cogent Communications Holdin | Reduce -12.0% | 22.67% | +1.44 |
| AMZN Amazon.com Inc. | Reduce -14.3% | 9.31% | +1.59 |
| HAPN Happen Inc. | Reduce -8.6% | 4.88% | +1.73 |
Portfolio Buys Q3 2024 → Q4 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 7 | $53.7M | DAR, GOOG, ENVA, AMZN, CCOI |
| Q1 2026 | 14 | $190.1M | DAR, ENVA, CCOI, AMZN, META |
| Q4 2025 | 14 | $269.6M | ENVA, DAR, CCOI, META, AMZN |
| Q3 2025 | 15 | $261.2M | CCOI, META, DAR, AMZN, ENVA |
| Q2 2025 | 17 | $284.2M | CCOI, META, DAR, AMZN, ENVA |
| Q1 2025 | 16 | $261.5M | CCOI, META, AMZN, PPLI, ENVA |
| Q4 2024 | 17 | $351.8M | CCOI, AMZN, META, ENVA, PPLI |
| Q3 2024 | 18 | $420.6M | CCOI, ESGR, PPLI, META, ENVA |
| Q2 2024 | 18 | $394.9M | CCOI, ESGR, AMZN, META, PPLI |
| Q1 2024 | 17 | $423.8M | CCOI, ESGR, PPLI, META, AMZN |