Tyro Capital Management LLC In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Tyro Capital Management LLC reported 15 stock positions worth $445.7 million . Its top holding was Establishment Labs (ESTA) at 11.7% of the portfolio, followed by Celsius (CELH, 9.8% ) and Carpenter Technology (CRS, 9.0% ). Compared with Q1 2026, it opened 4 new positions, sold out of 12, added to 6 and reduced 5. The biggest buy was a new position in Suncrete Class A (RMIX) and the biggest sale Establishment Labs (ESTA, shares −47% ).
Location MIAMI, FL
CIK 0001915395
Portfolio Value $445.7M (Q2 2026) Holdings 15 stocks · $445.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2026 ESTA Establishment Labs Holdings 605,559 $52.0M Reduce -47.4% CELH Celsius Holdings Inc. 1,494,778 $43.8M Add +371.7% CRS Carpenter Technology 65,197 $40.2M Reduce -51.7% SN Sharkninja Inc. 242,355 $36.9M Reduce -36.5% SPRY Ars Pharmaceuticals Inc. 4,459,337 $35.7M Add +50.2% RMIX Suncrete Inc. Class A 1,539,332 $34.7M New CROX Crocs Inc. 283,006 $34.1M Reduce -27.0% HNGE Hinge Health Inc. Class A 403,541 $33.5M Add +714.0% CRH CRH PLC 304,030 $32.5M Reduce -21.1% SNDA Sonida Senior Living Inc. 628,152 $25.6M Add +1623.3% EWTX Edgewise Therapeutics Inc. 612,965 $24.9M New ROAD Construction Partners Inc. Class A 184,948 $22.0M Add +5.2% HNRG Hallador Energy Co. 735,471 $12.8M New NUAI New Era Energy & Digital Inc. 1,922,883 $12.3M New RIVN Rivian Automotive Inc. Class A 270,539 $4.7M Add +5.1%
Portfolio Sells Q1 2026 → Q2 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▲ ESTA Establishment Labs Holdings Reduce -47.4% 11.66% −4.89 CRS Carpenter Technology Reduce -51.7% 9.02% −4.45 WDC Western Digital Corp. Sold out 0.00% −4.08 SNDK Sandisk Corp. Sold out 0.00% −4.03 CRH CRH PLC Reduce -21.1% 7.30% −2.96 LITE Lumentum Holdings Inc. Sold out 0.00% −2.75 LULU Lululemon Athletica Inc. Sold out 0.00% −2.42 KLAC KLA Corp. Sold out 0.00% −2.27 MKSI MKS Inc. Sold out 0.00% −2.14 ASML ASML Holding NV-NY Reg SHS Sold out 0.00% −2.05 LRCX Lam Research Corp. Sold out 0.00% −2.05 SN Sharkninja Inc. Reduce -36.5% 8.28% −1.96 UCTT Ultra Clean Holdings Inc. Sold out 0.00% −1.88 CYTK Cytokinetics Inc. Sold out 0.00% −1.08 TTD Trade Desk Inc./the Class A Sold out 0.00% −0.50 INTC Intel Corp. Sold out 0.00% −0.50 CROX Crocs Inc. Reduce -27.0% 7.66% −0.49
Portfolio Buys Q1 2026 → Q2 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▼ RMIX Suncrete Inc. Class A New 7.78% +7.78 HNGE Hinge Health Inc. Class A Add +714.0% 7.52% +7.03 CELH Celsius Holdings Inc. Add +371.7% 9.82% +6.97 EWTX Edgewise Therapeutics Inc. New 5.59% +5.59 SNDA Sonida Senior Living Inc. Add +1623.3% 5.75% +5.45 HNRG Hallador Energy Co. New 2.87% +2.87 NUAI New Era Energy & Digital Inc. New 2.75% +2.75 SPRY Ars Pharmaceuticals Inc. Add +50.2% 8.01% +1.98 RIVN Rivian Automotive Inc. Class A Add +5.1% 1.05% +0.07 ROAD Construction Partners Inc. Class A Add +5.2% 4.93% −0.02
Options Activity Q1 2026 → Q2 2026 Security Type Change vs Q1 2026 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Sold out 652,700 $424.5Mbefore exit ESTA Establishment Labs Holdings put Sold out 1,250,000 $71.0Mbefore exit CCOI Cogent Communications Holdin call Sold out 1,600,000 $30.1Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 15 $445.7M ESTA, CELH, CRS, SN, SPRY Q1 2026 Amended 23 $395.0M ESTA, CRS, CRH, SN, CROX Q4 2025 Amended 11 $321.3M ESTA, CRH, SN, CRS, CROX Q3 2025 10 $269.2M ESTA, CRH, CCOI, CRS, GRPN Q2 2025 10 $254.9M ESTA, GRPN, CRH, CCOI, SN Q1 2025 14 $268.4M ESTA, CRS, CCOI, CRH, ROIV Q4 2024 11 $233.8M CCOI, GPGI, CRS, CRH, ROIV Q3 2024 Amended 12 $194.6M CCOI, CRS, CRH, ROIV, GPGI Q2 2024 18 $220.6M HWM, CROX, CCOI, ROIV, CRH Q1 2024 16 $173.1M CRH, CROX, HWM, CCOI, ROAD