Woodson Capital Management, LP

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Woodson Capital Management, LP reported 23 stock positions worth $437.9 million. Its top holding was Tapestry (TPR) at 14.4% of the portfolio, followed by Amazon.com (AMZN, 8.7%) and Reddit Class A (RDDT, 7.8%). Compared with Q4 2024, it opened 3 new positions, sold out of 8, added to 13 and reduced 7. The biggest buy was Tapestry (TPR, shares +15%) and the biggest sale an exit from Alphabet Class A (GOOGL).

Most Recent 13F
Q2 2026
Location
Greenwich, CT
CIK
0001697848
Portfolio Value
$437.9M (Q1 2025)
SEC Filing
0001172661-25-001943 ↗ filed May 15, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $547.4M Q1 2024 Q2 2024: $511.2M Q2 2024 Q3 2024: $459.2M Q3 2024 Q4 2024: $528.0M Q4 2024 Q1 2025: $437.9M $437.9M Q1 2025 Q2 2025: $557.3M Q2 2025 Q3 2025: $519.9M Q3 2025 Q4 2025: $647.6M Q4 2025 Q1 2026: $618.1M Q1 2026 Q2 2026: $597.4M Q2 2026

Holdings 23 stocks · $437.9M
TPR Tapestry Inc. 14.39% 895,000 $63.0M Add +14.7%
AMZN Amazon.com Inc. 8.71% 200,500 $38.1M Add +43.2%
RDDT Reddit Inc. Class A 7.77% 324,384 $34.0M Add +54.5%
REAL The Realreal Inc. filed as THE REALREAL INC 6.53% 5,302,828 $28.6M Add +58.3%
AS Amer Sports Inc. 6.00% 983,058 $26.3M Reduce -6.4%
COCO The Vita Coco Co. Inc. 5.83% 833,366 $25.5M Add +17.4%
GPI Group 1 Automotive Inc. 5.50% 63,000 $24.1M Reduce -7.3%
URBN Urban Outfitters Inc. 4.51% 376,942 $19.8M Reduce -35.8%
GPGI Gpgi Inc. filed as COMPOSECURE INC 4.47% 1,800,000 $19.6M Add +44.0%
XYZ Block Inc. 4.34% 350,000 $19.0M Add +16.7%
LUXE Luxexperience BV filed as MYT NETHERLANDS PARENT B V 4.32% 2,500,000 $18.9M Add +49.1%
BLDR Builders Firstsource Inc. 4.28% 150,000 $18.7M Add +66.7%
AER Aercap Holdings NV 4.19% 179,731 $18.4M Reduce -4.4%
U Unity Software Inc. 3.77% 843,058 $16.5M New
DESP Despegar.com Corp. 3.43% 800,000 $15.0M Reduce -48.9%
FOR Forestar Group Inc. 3.04% 629,000 $13.3M Add +25.8%
SBUX Starbucks Corp. 1.93% 86,000 $8.4M Reduce -4.4%
MTH Meritage Homes Corp. 1.66% 102,500 $7.3M Add +33.8%
HOV Hovnanian Enterprises-A 1.56% 65,360 $6.8M Add +84.1%
DMRC Digimarc Corp. 1.35% 461,847 $5.9M Reduce -11.4%
GAP The Gap Inc. 1.13% 240,000 $4.9M New
RHLD Resolute Holdings Manag 0.85% 118,998 $3.7M New
SOUN Soundhound AI Inc. Class A 0.44% 235,592 $1.9M Add +126.3%

Options reported separately and not counted above: CROX puts ($65.0M), TPR calls ($45.6M), RUM puts ($14.1M), SOUN puts ($11.0M), SYM puts ($3.1M).

Portfolio Sells Q4 2024 → Q1 2025
GOOGL Alphabet Inc. Class A Sold out 0.00% −3.87
NBIS Nebius Group NV Sold out 0.00% −3.83
TFIN Triumph Financial Inc. Sold out 0.00% −2.41
DMRC Digimarc Corp. Reduce -11.4% 1.35% −2.35
DESP Despegar.com Corp. Reduce -48.9% 3.43% −2.27
SN Sharkninja Inc. Sold out 0.00% −1.66
URBN Urban Outfitters Inc. Reduce -35.8% 4.51% −1.59
CHTR Charter Communications Inc. Class A Sold out 0.00% −1.56
WMT Walmart Inc. Sold out 0.00% −1.39
DAL Delta Air Lines Inc. Sold out 0.00% −1.38
DECK Deckers Outdoor Corp. Sold out 0.00% −0.58
GPI Group 1 Automotive Inc. Reduce -7.3% 5.50% +0.07
SBUX Starbucks Corp. Reduce -4.4% 1.93% +0.37
AS Amer Sports Inc. Reduce -6.4% 6.00% +0.44
AER Aercap Holdings NV Reduce -4.4% 4.19% +0.79

Portfolio Buys Q4 2024 → Q1 2025
TPR Tapestry Inc. Add +14.7% 14.39% +4.74
U Unity Software Inc. New 3.77% +3.77
AMZN Amazon.com Inc. Add +43.2% 8.71% +2.89
LUXE Luxexperience BV Add +49.1% 4.32% +2.06
BLDR Builders Firstsource Inc. Add +66.7% 4.28% +1.84
RDDT Reddit Inc. Class A Add +54.5% 7.77% +1.27
GAP The Gap Inc. New 1.13% +1.13
COCO The Vita Coco Co. Inc. Add +17.4% 5.83% +0.87
RHLD Resolute Holdings Manag New 0.85% +0.85
GPGI Gpgi Inc. Add +44.0% 4.47% +0.84
HOV Hovnanian Enterprises-A Add +84.1% 1.56% +0.66
FOR Forestar Group Inc. Add +25.8% 3.04% +0.58
MTH Meritage Homes Corp. Add +33.8% 1.66% +0.54
SOUN Soundhound AI Inc. Class A Add +126.3% 0.44% +0.05
REAL The Realreal Inc. Add +58.3% 6.53% −0.41
XYZ Block Inc. Add +16.7% 4.34% −0.49

Options Activity Q4 2024 → Q1 2025
CROX Crocs Inc. put New 612,500 $65.0M
TPR Tapestry Inc. call Add +62.0% 647,900 $45.6M
DESP Despegar.com Corp. call Sold out 510,000 $9.8Mbefore exit
BLNK Blink Charging Co. call Sold out 699,900 $973Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 26$597.4MRDDT, XYZ, SG, AS, REAL
Q1 2026 28$618.1MAS, RDDT, AMZN, TPR, XYZ
Q4 2025 28$647.6MAS, TPR, RDDT, XYZ, SG
Q3 2025 24$519.9MTPR, COCO, REAL, XYZ, GPGI
Q2 2025 26$557.3MTPR, RDDT, AMZN, COCO, AS
Q1 2025 23$437.9MTPR, AMZN, RDDT, REAL, AS
Q4 2024 28$528.0MTPR, REAL, RDDT, URBN, AMZN
Q3 2024 33$459.2MTPR, GPI, URBN, XYZ, BLDR
Q2 2024 36$511.2MGPI, TPR, RYAAY, URBN, GOOGL
Q1 2024 37$547.4MRYAAY, GPI, TPR, GOOGL, URBN