Toronado Partners, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Toronado Partners, LLC reported 11 stock positions worth $53.0 million. Its top holding was Impinj (PI) at 13.6% of the portfolio, followed by Fabrinet (FN, 12.8%) and Wix.com (WIX, 12.7%). Compared with Q4 2025, it opened 2 new positions, sold out of 2, added to 3 and reduced 6. The biggest buy was Wix.com (WIX, shares +35%) and the biggest sale an exit from Tripadvisor (TRIP).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001749611
- Portfolio Value
- $53.0M (Q1 2026)
- SEC Filing
- 0001420506-26-000971 ↗ filed May 13, 2026
Holdings Value
Holdings 11 stocks · $53.0M
| PI Impinj Inc. | 13.60% | 70,207 | $7.2M | Add +2.1% |
| FN Fabrinet | 12.81% | 13,021 | $6.8M | Reduce -26.3% |
| WIX Wix.com Ltd. | 12.73% | 74,924 | $6.7M | Add +35.5% |
| ESTC Elastic NV | 11.56% | 122,548 | $6.1M | Reduce -13.4% |
| SITM Sitime Corp. | 10.58% | 16,242 | $5.6M | Reduce -46.0% |
| HLIT Harmonic Inc. | 9.57% | 565,065 | $5.1M | Reduce -44.0% |
| TWLO Twilio Inc. Class A | 8.78% | 36,999 | $4.7M | Reduce -64.7% |
| EVER Everquote Inc. Class A | 8.64% | 297,024 | $4.6M | Add +2.2% |
| KRNT Kornit Digital Ltd. | 6.59% | 238,437 | $3.5M | New |
| AMPL Amplitude Inc. Class A | 4.10% | 318,823 | $2.2M | Reduce -58.9% |
| AMBQ Ambiq Micro Inc. | 1.02% | 21,222 | $539K | New |
Portfolio Sells Q4 2025 → Q1 2026
| TRIP Tripadvisor Inc. | Sold out | 0.00% | −8.02 |
| STUB Stubhub Holdings Inc. Class A | Sold out | 0.00% | −7.18 |
| TWLO Twilio Inc. Class A | Reduce -64.7% | 8.78% | −5.44 |
| AMPL Amplitude Inc. Class A | Reduce -58.9% | 4.10% | −4.48 |
| HLIT Harmonic Inc. | Reduce -44.0% | 9.57% | +0.04 |
| SITM Sitime Corp. | Reduce -46.0% | 10.58% | +0.43 |
| ESTC Elastic NV | Reduce -13.4% | 11.56% | +1.36 |
| FN Fabrinet | Reduce -26.3% | 12.81% | +5.13 |
Portfolio Buys Q4 2025 → Q1 2026
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 |