Toronado Partners, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Toronado Partners, LLC reported 11 stock positions worth $180.6 million. Its top holding was Impinj (PI) at 15.7% of the portfolio, followed by Fabrinet (FN, 13.3%) and Harmonic (HLIT, 10.7%). Compared with Q4 2023, it opened 1 new position, sold out of 1, added to 4 and reduced 6. The biggest buy was a new position in Jamf (JAMF) and the biggest sale Tenable (TENB, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001749611
- Portfolio Value
- $180.6M (Q1 2024)
- SEC Filing
- 0001749611-24-000005 ↗ filed May 14, 2024
Holdings Value
Holdings 11 stocks · $180.6M
| PI Impinj Inc. | 15.72% | 221,030 | $28.4M | Reduce -30.6% |
| FN Fabrinet | 13.34% | 127,433 | $24.1M | Add +20.4% |
| HLIT Harmonic Inc. | 10.74% | 1,443,332 | $19.4M | Reduce -19.0% |
| TWLO Twilio Inc. Class A | 10.41% | 307,324 | $18.8M | Add +32.4% |
| MITK Mitek Systems Inc. | 9.41% | 1,205,277 | $17.0M | Add +2.4% |
| ESTC Elastic NV | 8.60% | 155,009 | $15.5M | Reduce -4.5% |
| RSKD Riskified Ltd. Class A | 7.76% | 2,590,598 | $14.0M | Reduce -20.3% |
| EVER Everquote Inc. Class A | 7.45% | 724,440 | $13.4M | Add +6.9% |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 7.41% | 729,274 | $13.4M | New |
| SITM Sitime Corp. | 6.53% | 126,408 | $11.8M | Reduce -18.2% |
| TENB Tenable Holdings Inc. | 2.63% | 96,137 | $4.8M | Reduce -71.8% |
Portfolio Sells Q4 2023 → Q1 2024
| TENB Tenable Holdings Inc. | Reduce -71.8% | 2.63% | −5.64 |
| MX Magnachip Semiconductor Corp. | Sold out | 0.00% | −4.61 |
| SITM Sitime Corp. | Reduce -18.2% | 6.53% | −3.39 |
| HLIT Harmonic Inc. | Reduce -19.0% | 10.74% | −1.47 |
| ESTC Elastic NV | Reduce -4.5% | 8.60% | −1.02 |
| RSKD Riskified Ltd. Class A | Reduce -20.3% | 7.76% | −0.24 |
| PI Impinj Inc. | Reduce -30.6% | 15.72% | +0.63 |
Portfolio Buys Q4 2023 → Q1 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $35.5M | PI, SITM, EVER, KRNT, IDCC |
| Q1 2026 | 11 | $53.0M | PI, FN, WIX, ESTC, SITM |
| Q4 2025 | 11 | $104.7M | TWLO, PI, ESTC, SITM, HLIT |
| Q3 2025 | 12 | $150.9M | PI, TWLO, TRIP, EVER, SITM |
| Q2 2025 | 11 | $140.9M | FN, PI, TWLO, TRIP, ESTC |
| Q1 2025 | 11 | $142.9M | FN, PI, SITM, TWLO, TRIP |
| Q4 2024 | 11 | $158.3M | FN, TWLO, HLIT, SITM, ALAB |
| Q3 2024 | 11 | $167.3M | FN, HLIT, TWLO, ESTC, SITM |
| Q2 2024 | 10 | $156.1M | FN, HLIT, ESTC, JAMF, MITK |
| Q1 2024 | 11 | $180.6M | PI, FN, HLIT, TWLO, MITK |