Harspring Capital Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Harspring Capital Management, LLC reported 14 stock positions worth $190.1 million. Its top holding was Darling Ingredients (DAR) at 13.8% of the portfolio, followed by Enova International (ENVA, 12.1%) and Cogent Communications Holdin (CCOI, 10.8%). Compared with Q4 2025, it reduced 14. The biggest sale was Turning Point Brands (TPB, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001652327
- Portfolio Value
- $190.1M (Q1 2026)
- SEC Filing
- 0001652327-26-000005 ↗ filed May 13, 2026
Holdings Value
Holdings 14 stocks · $190.1M
| DAR Darling Ingredients Inc. | 13.83% | 425,000 | $26.3M | Reduce -53.5% |
| ENVA Enova International Inc. | 12.15% | 170,000 | $23.1M | Reduce -24.6% |
| CCOI Cogent Communications Holdin | 10.77% | 1,087,000 | $20.5M | Reduce -22.5% |
| AMZN Amazon.com Inc. | 10.41% | 95,000 | $19.8M | Reduce -23.5% |
| META Meta Platforms Inc. Class A | 10.08% | 33,500 | $19.2M | Reduce -24.7% |
| GOOG Alphabet Inc. Class C | 7.55% | 50,000 | $14.3M | Reduce -26.1% |
| NWSA News Corp. Class A | 6.30% | 480,000 | $12.0M | Reduce -20.2% |
| RUSHA Rush Enterprises Inc. Class A | 6.26% | 180,000 | $11.9M | Reduce -20.0% |
| TPB Turning Point Brands Inc. | 5.79% | 126,808 | $11.0M | Reduce -30.1% |
| HAPN Happen Inc. | 5.27% | 700,000 | $10.0M | Reduce -18.6% |
| PPLI People Inc. filed as IAC INC | 5.16% | 245,000 | $9.8M | Reduce -22.2% |
| UHAL.B U-Haul Holding Co.-Non Voting | 3.41% | 145,000 | $6.5M | Reduce -21.6% |
| DIBS 1STDIBS.COM Inc. | 1.88% | 650,000 | $3.6M | Reduce -1.5% |
| LGIH Lgi Homes Inc. | 1.14% | 55,000 | $2.2M | Reduce -20.9% |
Portfolio Sells Q4 2025 → Q1 2026
| TPB Turning Point Brands Inc. | Reduce -30.1% | 5.79% | −1.51 |
| ENVA Enova International Inc. | Reduce -24.6% | 12.15% | −1.00 |
| META Meta Platforms Inc. Class A | Reduce -24.7% | 10.08% | −0.81 |
| HAPN Happen Inc. | Reduce -18.6% | 5.27% | −0.77 |
| CCOI Cogent Communications Holdin | Reduce -22.5% | 10.77% | −0.44 |
| GOOG Alphabet Inc. Class C | Reduce -26.1% | 7.55% | −0.33 |
| AMZN Amazon.com Inc. | Reduce -23.5% | 10.41% | −0.22 |
| LGIH Lgi Homes Inc. | Reduce -20.9% | 1.14% | +0.04 |
| UHAL.B U-Haul Holding Co.-Non Voting | Reduce -21.6% | 3.41% | +0.20 |
| DIBS 1STDIBS.COM Inc. | Reduce -1.5% | 1.88% | +0.41 |
| NWSA News Corp. Class A | Reduce -20.2% | 6.30% | +0.47 |
| PPLI People Inc. | Reduce -22.2% | 5.16% | +0.59 |
| DAR Darling Ingredients Inc. | Reduce -53.5% | 13.83% | +1.61 |
| RUSHA Rush Enterprises Inc. Class A | Reduce -20.0% | 6.26% | +1.76 |
Portfolio Buys Q4 2025 → Q1 2026
| None this quarter. | |||
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 |