Spruce House Investment Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Spruce House Investment Management LLC reported 11 stock positions worth $2.7 billion. Its top holding was AppLovin Class A (APP) at 37.0% of the portfolio, followed by Carvana (CVNA, 36.8%) and Colliers Intl GR-Subord Vot (CIGI, 6.5%). Compared with Q3 2024, it opened 1 new position, added to 3 and reduced 3. The biggest buy was Gxo Logistics (GXO, shares +133%) and the biggest sale Carvana (CVNA, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001543170
- Portfolio Value
- $2.7B (Q4 2024)
- SEC Filing
- 0001493152-25-006880 ↗ filed Feb 14, 2025
Holdings Value
Holdings 11 stocks · $2.7B
| APP AppLovin Corp. Class A | 36.98% | 3,107,024 | $1.0B | Reduce -13.7% |
| CVNA Carvana Co. | 36.79% | 4,921,000 | $1.0B | Reduce -1.6% |
| CIGI Colliers Intl GR-Subord Vot | 6.50% | 1,301,133 | $176.8M | Add +0.0% |
| CMPR Cimpress PLC | 5.43% | 2,058,904 | $147.7M | No change |
| W Wayfair Inc. Class A | 3.55% | 2,180,385 | $96.6M | Reduce -17.3% |
| GXO Gxo Logistics Inc. | 3.36% | 2,100,000 | $91.3M | Add +133.3% |
| CNM Core & Main Inc. Class A | 2.81% | 1,500,000 | $76.4M | No change |
| BECN Beacon Roofing Supply Inc. | 1.87% | 500,000 | $50.8M | Add +146.3% |
| DASH DoorDash Inc. Class A | 1.85% | 300,000 | $50.3M | No change |
| GPI Group 1 Automotive Inc. | 0.46% | 29,500 | $12.4M | No change |
| DKNG Draftkings Inc. Class A | 0.41% | 300,000 | $11.2M | New |
Portfolio Sells Q3 2024 → Q4 2024
Portfolio Buys Q3 2024 → Q4 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $3.4B | APP, CVNA, CPAY, W, GXO |
| Q1 2026 | 11 | $2.8B | CVNA, APP, CIGI, CPAY, DKNG |
| Q4 2025 | 10 | $3.4B | APP, CVNA, W, CPAY, CIGI |
| Q3 2025 | 10 | $3.9B | APP, CVNA, W, CIGI, GXO |
| Q2 2025 | 9 | $2.7B | CVNA, APP, GXO, CIGI, W |
| Q1 2025 | 9 | $1.9B | CVNA, APP, GXO, CIGI, CNM |
| Q4 2024 | 11 | $2.7B | APP, CVNA, CIGI, CMPR, W |
| Q3 2024 | 10 | $2.0B | CVNA, APP, CIGI, CMPR, W |
| Q2 2024 | 10 | $1.5B | CVNA, APP, CMPR, CIGI, W |
| Q1 2024 | 11 | $1.4B | CVNA, APP, CMPR, W, CIGI |