Woodson Capital Management, LP In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Woodson Capital Management, LP reported 28 stock positions worth $528.0 million . Its top holding was Tapestry (TPR) at 9.7% of the portfolio, followed by Realreal (REAL, 6.9% ) and Reddit Class A (RDDT, 6.5% ). Compared with Q3 2024, it opened 5 new positions, sold out of 10, added to 9 and reduced 14. The biggest buy was a new position in Nebius (NBIS) and the biggest sale an exit from Levi Strauss Class A (LEVI).
Location Greenwich, CT
CIK 0001697848
Portfolio Value $528.0M (Q4 2024) Holdings 28 stocks · $528.0M 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 Q3 2024 TPR Tapestry Inc. 780,000 $51.0M Add +16.3% REAL The Realreal Inc. filed as THE REALREAL INC 3,350,000 $36.6M Reduce -38.0% RDDT Reddit Inc. Class A 210,000 $34.3M Reduce -26.3% URBN Urban Outfitters Inc. 586,789 $32.2M Reduce -21.8% AMZN Amazon.com Inc. 140,000 $30.7M Add +96.0% DESP Despegar.com Corp. 1,564,269 $30.1M Add +9.6% AS Amer Sports Inc. 1,050,000 $29.4M Add +29.8% GPI Group 1 Automotive Inc. 68,000 $28.7M Reduce -11.7% COCO The Vita Coco Co. Inc. 709,615 $26.2M Add +4.5% XYZ Block Inc. 300,000 $25.5M Reduce -26.1% GOOGL Alphabet Inc. Class A 108,000 $20.4M Reduce -15.6% NBIS Nebius Group NV 730,000 $20.2M New DMRC Digimarc Corp. 521,211 $19.5M Add +14.4% GPGI Gpgi Inc. filed as COMPOSECURE INC 1,250,000 $19.2M Add +62.3% AER Aercap Holdings NV 188,000 $18.0M Reduce -2.5% FOR Forestar Group Inc. 500,000 $13.0M Reduce -10.7% BLDR Builders Firstsource Inc. 90,000 $12.9M Reduce -20.4% TFIN Triumph Financial Inc. 140,000 $12.7M Reduce -28.8% LUXE Luxexperience BV filed as MYT NETHERLANDS PARENT B V 1,676,878 $11.9M New SN Sharkninja Inc. 90,000 $8.8M New CHTR Charter Communications Inc. Class A 24,000 $8.2M Reduce -17.2% SBUX Starbucks Corp. 90,000 $8.2M Reduce -5.8% WMT Walmart Inc. 81,000 $7.3M Reduce -0.5% DAL Delta Air Lines Inc. 120,000 $7.3M New MTH Meritage Homes Corp. 38,300 $5.9M Add +27.7% HOV Hovnanian Enterprises-A 35,500 $4.8M Add +18.3% DECK Deckers Outdoor Corp. 15,000 $3.0M Reduce -70.6% SOUN Soundhound AI Inc. Class A 104,103 $2.1M New
Options reported separately and not counted above: SOUN puts ($26.8M), TPR calls ($26.1M), RUM puts ($26.0M), DESP calls ($9.8M), SYM puts ($3.7M), BLNK calls ($973K).
Portfolio Sells Q3 2024 → Q4 2024 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 Q3 2024 % Of Portfolio Change To Portfolio ▲ LEVI Levi Strauss & Co. Class A Sold out 0.00% −3.73 GLD SPDR Gold Shares Sold out 0.00% −3.44 BLDR Builders Firstsource Inc. Reduce -20.4% 2.44% −2.34 SU Suncor Energy Inc. Sold out 0.00% −1.77 FOR Forestar Group Inc. Reduce -10.7% 2.45% −1.49 VFC VF Corp. Sold out 0.00% −1.45 DHI D.R. Horton Inc. Sold out 0.00% −1.37 PJT PJT Partners Inc. Class A Sold out 0.00% −1.36 CVE Cenovus Energy Inc. Sold out 0.00% −1.35 HLI Houlihan Lokey Inc. Sold out 0.00% −1.33 DECK Deckers Outdoor Corp. Reduce -70.6% 0.58% −1.19 XYZ Block Inc. Reduce -26.1% 4.83% −1.11 GPI Group 1 Automotive Inc. Reduce -11.7% 5.43% −0.99 TFIN Triumph Financial Inc. Reduce -28.8% 2.41% −0.99 MCW Mister Car Wash Inc. Sold out 0.00% −0.91 GOOGL Alphabet Inc. Class A Reduce -15.6% 3.87% −0.75 EWCZ European Wax Center Inc. Class A Sold out 0.00% −0.59 AER Aercap Holdings NV Reduce -2.5% 3.41% −0.57 CHTR Charter Communications Inc. Class A Reduce -17.2% 1.56% −0.49 SBUX Starbucks Corp. Reduce -5.8% 1.56% −0.47 URBN Urban Outfitters Inc. Reduce -21.8% 6.10% −0.16 WMT Walmart Inc. Reduce -0.5% 1.39% −0.05 RDDT Reddit Inc. Class A Reduce -26.3% 6.50% +2.41 REAL The Realreal Inc. Reduce -38.0% 6.94% +3.24
Portfolio Buys Q3 2024 → Q4 2024 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 Q3 2024 % Of Portfolio Change To Portfolio ▼ NBIS Nebius Group NV New 3.83% +3.83 AMZN Amazon.com Inc. Add +96.0% 5.82% +2.92 TPR Tapestry Inc. Add +16.3% 9.65% +2.79 AS Amer Sports Inc. Add +29.8% 5.56% +2.75 LUXE Luxexperience BV New 2.26% +2.26 DESP Despegar.com Corp. Add +9.6% 5.70% +1.85 SN Sharkninja Inc. New 1.66% +1.66 DAL Delta Air Lines Inc. New 1.38% +1.38 GPGI Gpgi Inc. Add +62.3% 3.63% +1.28 DMRC Digimarc Corp. Add +14.4% 3.70% +1.03 COCO The Vita Coco Co. Inc. Add +4.5% 4.96% +0.77 SOUN Soundhound AI Inc. Class A New 0.39% +0.39 MTH Meritage Homes Corp. Add +27.7% 1.12% −0.22 HOV Hovnanian Enterprises-A Add +18.3% 0.90% −0.44
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ SU Suncor Energy Inc. call Sold out 1,000,000 $36.9Mbefore exit SOUN Soundhound AI Inc. Class A put New 1,350,000 $26.8M TPR Tapestry Inc. call Add +33.3% 400,000 $26.1M RUM Rum Group Inc. put New 2,000,000 $26.0M DESP Despegar.com Corp. call New 510,000 $9.8M SYM Symbotic Inc. put New 154,100 $3.7M KSS Kohls Corp. put Sold out 80,000 $1.7Mbefore exit BLNK Blink Charging Co. call New 699,900 $973K
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 26 $597.4M RDDT, XYZ, SG, AS, REAL Q1 2026 28 $618.1M AS, RDDT, AMZN, TPR, XYZ Q4 2025 28 $647.6M AS, TPR, RDDT, XYZ, SG Q3 2025 24 $519.9M TPR, COCO, REAL, XYZ, GPGI Q2 2025 26 $557.3M TPR, RDDT, AMZN, COCO, AS Q1 2025 23 $437.9M TPR, AMZN, RDDT, REAL, AS Q4 2024 28 $528.0M TPR, REAL, RDDT, URBN, AMZN Q3 2024 33 $459.2M TPR, GPI, URBN, XYZ, BLDR Q2 2024 36 $511.2M GPI, TPR, RYAAY, URBN, GOOGL Q1 2024 37 $547.4M RYAAY, GPI, TPR, GOOGL, URBN