Toronado Partners, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Toronado Partners, LLC reported 10 stock positions worth $156.1 million. Its top holding was Fabrinet (FN) at 14.8% of the portfolio, followed by Harmonic (HLIT, 14.6%) and Elastic (ESTC, 11.0%). Compared with Q1 2024, it sold out of 1, added to 3 and reduced 7. The biggest buy was Harmonic (HLIT, shares +34%) and the biggest sale Impinj (PI, shares −64%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001749611
- Portfolio Value
- $156.1M (Q2 2024)
- SEC Filing
- 0001749611-24-000009 ↗ filed Aug 13, 2024
Holdings Value
Holdings 10 stocks · $156.1M
| FN Fabrinet | 14.78% | 94,215 | $23.1M | Reduce -26.1% |
| HLIT Harmonic Inc. | 14.63% | 1,939,573 | $22.8M | Add +34.4% |
| ESTC Elastic NV | 11.03% | 151,094 | $17.2M | Reduce -2.5% |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 10.51% | 993,614 | $16.4M | Add +36.3% |
| MITK Mitek Systems Inc. | 8.67% | 1,210,407 | $13.5M | Add +0.4% |
| EVER Everquote Inc. Class A | 8.62% | 644,986 | $13.5M | Reduce -11.0% |
| TWLO Twilio Inc. Class A | 8.25% | 226,720 | $12.9M | Reduce -26.2% |
| SITM Sitime Corp. | 8.20% | 102,832 | $12.8M | Reduce -18.6% |
| PI Impinj Inc. | 8.05% | 80,096 | $12.6M | Reduce -63.8% |
| RSKD Riskified Ltd. Class A | 7.27% | 1,775,504 | $11.3M | Reduce -31.5% |
Portfolio Sells Q1 2024 → Q2 2024
| PI Impinj Inc. | Reduce -63.8% | 8.05% | −7.67 |
| TENB Tenable Holdings Inc. | Sold out | 0.00% | −2.63 |
| TWLO Twilio Inc. Class A | Reduce -26.2% | 8.25% | −2.15 |
| RSKD Riskified Ltd. Class A | Reduce -31.5% | 7.27% | −0.49 |
| EVER Everquote Inc. Class A | Reduce -11.0% | 8.62% | +1.18 |
| FN Fabrinet | Reduce -26.1% | 14.78% | +1.44 |
| SITM Sitime Corp. | Reduce -18.6% | 8.20% | +1.67 |
| ESTC Elastic NV | Reduce -2.5% | 11.03% | +2.42 |
Portfolio Buys Q1 2024 → Q2 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 |