Q2 2025 · 13F-HR
Granahan Investment Management, LLCholdings as filed
Filed 2025-08-14 · accession 0001398344-25-015412
$2.46B
Reported value
153
Positions
2025-06-30
Period end
The Brief · Granahan Investment Management, LLC · Q2 2025
AI · grounded in 13F
Granahan Investment Management, LLC established a new position in PRCH valued at $137.1M. The fund also initiated new stakes in ODD for $102.3M and MGNI for $87.9M. Additional new positions include GENI at $86.7M and MRX at $82M. The fund ended the period with 153 positions and total AUM of $2.46B.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 733245104 | PRCH | PORCH GROUP INC | $137.1M | 5.58% | 11,631,775 | Common | SOLE |
| M7518J104 | ODD | ODDITY TECH LTD | $102.3M | 4.16% | 1,355,347 | Common | SOLE |
| 55955D100 | MGNI | MAGNITE INC | $87.9M | 3.58% | 3,642,786 | Common | SOLE |
| G3934V109 | GENI | GENIUS SPORTS LIMITED | $86.7M | 3.53% | 8,336,296 | Common | SOLE |
| G5S37H101 | MRX | MAREX GROUP PLC | $82.0M | 3.34% | 2,077,153 | Common | SOLE |
| 92645B103 | VCTR | VICTORY CAP HLDGS INC | $76.1M | 3.10% | 1,195,300 | Common | SOLE |
| 888787108 | TOST | TOAST INC | $71.4M | 2.91% | 1,612,221 | Common | SOLE |
| 45569U101 | INDI | INDIE SEMICONDUCTOR INC | $69.4M | 2.82% | 19,487,402 | Common | SOLE |
| 05464C101 | AXON | AXON ENTERPRISE INC | $69.2M | 2.82% | 83,639 | Common | SOLE |
| H8088L103 | SRAD | SPORTRADAR GROUP AG | $64.5M | 2.63% | 2,298,483 | Common | SOLE |
| 144285103 | CRS | CARPENTER TECHNOLOGY CORP | $64.0M | 2.61% | 231,669 | Common | SOLE |
| 78463M107 | SPSC | SPS COMM INC | $50.7M | 2.06% | 372,431 | Common | SOLE |
| 53190C102 | LTH | LIFE TIME GROUP HOLDINGS INC | $50.7M | 2.06% | 1,670,210 | Common | SOLE |
| 816850101 | SMTC | SEMTECH CORP | $44.8M | 1.82% | 991,576 | Common | SOLE |
| 15643U104 | LEU | CENTRUS ENERGY CORP | $37.9M | 1.54% | 206,724 | Common | SOLE |
| 71944F106 | PHR | PHREESIA INC | $37.1M | 1.51% | 1,302,785 | Common | SOLE |
| 199908104 | FIX | COMFORT SYS USA INC | $36.8M | 1.50% | 68,612 | Common | SOLE |
| M6372Q113 | KRNT | KORNIT DIGITAL LTD | $36.4M | 1.48% | 1,829,431 | Common | SOLE |
| 249906108 | DSGX | DESCARTES SYS GROUP INC | $36.1M | 1.47% | 355,567 | Common | SOLE |
| 147448104 | CWST | CASELLA WASTE SYS INC | $36.0M | 1.47% | 312,408 | Common | SOLE |
| 03945R102 | ACHR | ARCHER AVIATION INC | $35.2M | 1.43% | 3,242,620 | Common | SOLE |
| M5216V106 | GLBE | GLOBAL E ONLINE LTD | $31.3M | 1.27% | 933,344 | Common | SOLE |
| 20464U100 | COMP | COMPASS INC | $28.0M | 1.14% | 4,459,171 | Common | SOLE |
| 33748L101 | FWRG | FIRST WATCH RESTAURANT GROUP | $26.4M | 1.08% | 1,647,128 | Common | SOLE |
| 501270102 | KRUS | KURA SUSHI USA INC | $25.6M | 1.04% | 297,658 | Common | SOLE |
| 82452J109 | FOUR | SHIFT4 PMTS INC | $25.5M | 1.04% | 257,074 | Common | SOLE |
| 00091G104 | ACVA | ACV AUCTIONS INC | $25.4M | 1.04% | 1,569,032 | Common | SOLE |
| 172573107 | CRCL | CIRCLE INTERNET GROUP INC | $25.2M | 1.02% | 138,732 | Common | SOLE |
| 22160N109 | CSGP | COSTAR GROUP INC | $24.2M | 0.98% | 300,932 | Common | SOLE |
| 75524B104 | RBC | RBC BEARINGS INC | $23.9M | 0.97% | 61,988 | Common | SOLE |
| 825704109 | SIBN | SI-BONE INC | $23.8M | 0.97% | 1,264,327 | Common | SOLE |
| G39108108 | GTES | GATES INDL CORP PLC | $21.4M | 0.87% | 928,240 | Common | SOLE |
| 8676EP108 | STKL | SUNOPTA INC | $21.1M | 0.86% | 3,646,074 | Common | SOLE |
| 443573100 | HUBS | HUBSPOT INC | $20.8M | 0.85% | 37,345 | Common | SOLE |
| 68752L100 | KIDS | ORTHOPEDIATRICS CORP | $20.8M | 0.85% | 966,828 | Common | SOLE |
| 893529107 | TRNS | TRANSCAT INC | $19.7M | 0.80% | 228,611 | Common | SOLE |
| 25400W102 | APPS | DIGITAL TURBINE INC | $19.0M | 0.77% | 3,224,561 | Common | SOLE |
| 698884103 | PAR | PAR TECHNOLOGY CORP | $18.1M | 0.74% | 260,529 | Common | SOLE |
| 87043Q108 | SG | SWEETGREEN INC | $18.0M | 0.73% | 1,209,200 | Common | SOLE |
| 30063P105 | EXK | EXACT SCIENCES CORP | $17.1M | 0.70% | 322,507 | Common | SOLE |
| 759916109 | RGEN | REPLIGEN CORP | $16.8M | 0.68% | 135,046 | Common | SOLE |
| 49845K101 | KVYO | KLAVIYO INC | $16.1M | 0.66% | 479,748 | Common | SOLE |
| 293594107 | ENVX | ENOVIX CORPORATION | $15.4M | 0.63% | 1,489,564 | Common | SOLE |
| 67059N108 | NTNX | NUTANIX INC | $14.8M | 0.60% | 193,049 | Common | SOLE |
| 70438V106 | PCTY | PAYLOCITY HLDG CORP | $14.7M | 0.60% | 81,064 | Common | SOLE |
| 74624M102 | P | PURE STORAGE INC | $14.5M | 0.59% | 252,138 | Common | SOLE |
| 88224Q107 | TCBI | TEXAS CAP BANCSHARES INC | $14.4M | 0.59% | 181,937 | Common | SOLE |
| G3730V105 | FTAI | FTAI AVIATION LTD | $14.4M | 0.58% | 124,895 | Common | SOLE |
| 09062W204 | BLFS | BIOLIFE SOLUTIONS INC | $13.9M | 0.56% | 643,200 | Common | SOLE |
| 971378104 | WSC | WILLSCOT HLDGS CORP | $13.7M | 0.56% | 501,471 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $13.2M | 0.54% | 612,844 | Common | SOLE |
| G32089107 | ETOR | ETORO GROUP LTD | $13.2M | 0.54% | 198,140 | Common | SOLE |
| G66721104 | NCLH | NORWEGIAN CRUISE LINE HLDG L | $12.2M | 0.50% | 600,414 | Common | SOLE |
| 457669307 | INSM | INSMED INC | $11.7M | 0.47% | 115,917 | Common | SOLE |
| 98956A105 | ZETA | ZETA GLOBAL HOLDINGS CORP | $11.7M | 0.47% | 752,823 | Common | SOLE |
| 26856L103 | ELF | E L F BEAUTY INC | $11.0M | 0.45% | 88,119 | Common | SOLE |
| 85209W109 | SPT | SPROUT SOCIAL INC | $10.9M | 0.44% | 519,517 | Common | SOLE |
| 19239V302 | CCOI | COGENT COMMUNICATIONS HLDGS | $10.8M | 0.44% | 224,491 | Common | SOLE |
| 077347300 | BELFB | BEL FUSE INC | $10.6M | 0.43% | 108,912 | Common | SOLE |
| 42226A107 | HQY | HEALTHEQUITY INC | $10.5M | 0.43% | 100,417 | Common | SOLE |
| 01625V104 | ALHC | ALIGNMENT HEALTHCARE INC | $10.5M | 0.43% | 747,067 | Common | SOLE |
| 607828100 | MOD | MODINE MFG CO | $10.5M | 0.43% | 106,104 | Common | SOLE |
| M6191J100 | FROG | JFROG LTD | $10.4M | 0.42% | 237,168 | Common | SOLE |
| 125141101 | CECO | CECO ENVIRONMENTAL CORP | $10.0M | 0.41% | 352,091 | Common | SOLE |
| 82706C108 | SIMO | SILICON MOTION TECHNOLOGY CO | $9.8M | 0.40% | 130,091 | Common | SOLE |
| 477839104 | JBTM | JBT MAREL CORPORATION | $9.7M | 0.39% | 80,567 | Common | SOLE |
| 576690101 | MTRN | MATERION CORP | $9.6M | 0.39% | 121,005 | Common | SOLE |
| 739128106 | POWL | POWELL INDS INC | $9.3M | 0.38% | 44,213 | Common | SOLE |
| 87164F105 | SNDX | SYNDAX PHARMACEUTICALS INC | $9.3M | 0.38% | 991,388 | Common | SOLE |
| G8068L108 | SN | SHARKNINJA INC | $8.8M | 0.36% | 88,400 | Common | SOLE |
| G52694109 | KNSA | KINIKSA PHARMACEUTICALS INTL | $8.6M | 0.35% | 310,992 | Common | SOLE |
| 45826J105 | NTLA | INTELLIA THERAPEUTICS INC | $8.6M | 0.35% | 913,622 | Common | SOLE |
| M2682V108 | CYBR | CYBERARK SOFTWARE LTD | $8.4M | 0.34% | 20,558 | Common | SOLE |
| 750917106 | RMBS | RAMBUS INC DEL | $8.3M | 0.34% | 130,081 | Common | SOLE |
| 92686J106 | VKTX | VIKING THERAPEUTICS INC | $8.1M | 0.33% | 305,091 | Common | SOLE |
| 20717M103 | 8QR | CONFLUENT INC | $8.1M | 0.33% | 324,052 | Common | SOLE |
| 578605107 | MEC | MAYVILLE ENGR CO INC | $8.0M | 0.32% | 498,305 | Common | SOLE |
| 922417100 | VECO | VEECO INSTRS INC DEL | $7.8M | 0.32% | 383,280 | Common | SOLE |
| 85914M107 | STEP | STEPSTONE GROUP INC | $7.7M | 0.31% | 137,960 | Common | SOLE |
| M7516K103 | NVMI | NOVA LTD | $7.6M | 0.31% | 27,553 | Common | SOLE |
| 98420N105 | XENE | XENON PHARMACEUTICALS INC | $7.5M | 0.31% | 240,038 | Common | SOLE |
| 922280102 | VRNS | VARONIS SYS INC | $7.4M | 0.30% | 146,466 | Common | SOLE |
| 69370C100 | PTC | PTC INC | $7.4M | 0.30% | 42,662 | Common | SOLE |
| 49714P108 | KNSL | KINSALE CAP GROUP INC | $7.3M | 0.30% | 15,153 | Common | SOLE |
| 679295105 | OKTA | OKTA INC | $7.2M | 0.29% | 72,437 | Common | SOLE |
| 04626A103 | ALAB | ASTERA LABS INC | $7.1M | 0.29% | 78,456 | Common | SOLE |
| 65290E101 | NXT | NEXTRACKER INC | $7.1M | 0.29% | 129,804 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $7.0M | 0.29% | 411,173 | Common | SOLE |
| 392709101 | GRBK | GREEN BRICK PARTNERS INC | $6.6M | 0.27% | 104,295 | Common | SOLE |
| 171779309 | CIEN | CIENA CORP | $6.6M | 0.27% | 80,621 | Common | SOLE |
| 02361E108 | AMRC | AMERESCO INC | $6.5M | 0.26% | 427,197 | Common | SOLE |
| 86150R107 | STOK | STOKE THERAPEUTICS INC | $6.0M | 0.25% | 532,413 | Common | SOLE |
| 03770N101 | APGE | APOGEE THERAPEUTICS INC | $5.7M | 0.23% | 131,138 | Common | SOLE |
| 498894104 | KNF | KNIFE RIVER CORP | $5.6M | 0.23% | 69,149 | Common | SOLE |
| 651718504 | NPKI | NPK INTERNATIONAL INC | $5.6M | 0.23% | 657,460 | Common | SOLE |
| 518415104 | LSCC | LATTICE SEMICONDUCTOR CORP | $5.6M | 0.23% | 113,466 | Common | SOLE |
| M87915274 | TSEM | TOWER SEMICONDUCTOR LTD | $5.4M | 0.22% | 124,980 | Common | SOLE |
| 52635N103 | LENZ | LENZ THERAPEUTICS INC | $5.4M | 0.22% | 183,252 | Common | SOLE |
| 74346Y103 | PRO | PROS HOLDINGS INC | $5.4M | 0.22% | 341,738 | Common | SOLE |
| 28036F105 | EWTX | EDGEWISE THERAPEUTICS INC | $5.3M | 0.22% | 405,478 | Common | SOLE |
| 834203309 | SLNO | SOLENO THERAPEUTICS INC | $5.0M | 0.20% | 59,977 | Common | SOLE |
| 98985Y108 | ZYME | ZYMEWORKS INC | $4.8M | 0.19% | 380,783 | Common | SOLE |
| 15687V109 | CERT | CERTARA INC | $4.7M | 0.19% | 405,068 | Common | SOLE |
| 221006109 | CRVL | CORVEL CORP | $4.5M | 0.18% | 43,877 | Common | SOLE |
| 131193104 | CALY | TOPGOLF CALLAWAY BRANDS CORP | $4.5M | 0.18% | 556,559 | Common | SOLE |
| 76155X100 | RVMD | REVOLUTION MEDICINES INC | $4.5M | 0.18% | 121,780 | Common | SOLE |
| 74758T303 | QLYS | QUALYS INC | $4.3M | 0.18% | 30,416 | Common | SOLE |
| N5749R100 | 2GH | MERUS N V | $4.2M | 0.17% | 80,619 | Common | SOLE |
| G25457105 | CRDO | CREDO TECHNOLOGY GROUP HOLDI | $4.0M | 0.16% | 43,352 | Common | SOLE |
| 03969F109 | RCUS | ARCUS BIOSCIENCES INC | $4.0M | 0.16% | 490,613 | Common | SOLE |
| 86627T108 | SMMT | SUMMIT THERAPEUTICS INC | $4.0M | 0.16% | 185,640 | Common | SOLE |
| 099406100 | BOOT | BOOT BARN HLDGS INC | $3.9M | 0.16% | 25,493 | Common | SOLE |
| 61559X104 | MLTX | MOONLAKE IMMUNOTHERAPEUTICS | $3.8M | 0.15% | 80,362 | Common | SOLE |
| 302081104 | EXLS | EXLSERVICE HOLDINGS INC | $3.8M | 0.15% | 86,430 | Common | SOLE |
| 45257U108 | IMNM | IMMUNOME INC | $3.7M | 0.15% | 392,751 | Common | SOLE |
| 10806X102 | BBIO | BRIDGEBIO PHARMA INC | $3.6M | 0.15% | 82,690 | Common | SOLE |
| M2197Q107 | CLBT | CELLEBRITE DI LTD | $3.5M | 0.14% | 217,573 | Common | SOLE |
| 45258J102 | IMVT | IMMUNOVANT INC | $3.4M | 0.14% | 213,088 | Common | SOLE |
| 683344105 | ONTO | ONTO INNOVATION INC | $3.4M | 0.14% | 33,758 | Common | SOLE |
| 848560306 | SPIR | SPIRE GLOBAL INC | $3.4M | 0.14% | 282,333 | Common | SOLE |
| 632307104 | NTRA | NATERA INC | $3.3M | 0.13% | 19,371 | Common | SOLE |
| 30233G209 | EYPT | EYEPOINT PHARMACEUTICALS INC | $3.2M | 0.13% | 340,984 | Common | SOLE |
| 032724106 | ANAB | ANAPTYSBIO INC | $2.9M | 0.12% | 131,655 | Common | SOLE |
| 199333105 | CMCO | COLUMBUS MCKINNON CORP N Y | $2.8M | 0.11% | 184,535 | Common | SOLE |
| G72800108 | PRTA | PROTHENA CORP PLC | $2.8M | 0.11% | 461,082 | Common | SOLE |
| 00847J105 | AGYS | AGILYSYS INC | $2.8M | 0.11% | 24,252 | Common | SOLE |
| 76243J105 | RYTM | RHYTHM PHARMACEUTICALS INC | $2.6M | 0.11% | 41,172 | Common | SOLE |
| 80706P103 | SRRK | SCHOLAR ROCK HLDG CORP | $2.6M | 0.11% | 73,375 | Common | SOLE |
| 826919102 | SLAB | SILICON LABORATORIES INC | $2.6M | 0.10% | 17,350 | Common | SOLE |
| 15101Q207 | CLS | CELESTICA INC | $2.4M | 0.10% | 15,619 | Common | SOLE |
| 45867G101 | IDCC | INTERDIGITAL INC | $2.4M | 0.10% | 10,816 | Common | SOLE |
| 877619106 | TSHA | TAYSHA GENE THERAPIES INC | $2.2M | 0.09% | 958,493 | Common | SOLE |
| 913915104 | UTI | UNIVERSAL TECHNICAL INST INC | $2.0M | 0.08% | 59,825 | Common | SOLE |
| 94724R108 | WEAV | WEAVE COMMUNICATIONS INC | $2.0M | 0.08% | 236,365 | Common | SOLE |
| 450056106 | IRTC | IRHYTHM TECHNOLOGIES INC | $1.9M | 0.08% | 12,664 | Common | SOLE |
| 92538J106 | VERX | VERTEX INC | $1.9M | 0.08% | 54,428 | Common | SOLE |
| 053604104 | AVPT | AVEPOINT INC | $1.9M | 0.08% | 99,393 | Common | SOLE |
| 204166102 | CVLT | COMMVAULT SYS INC | $1.9M | 0.08% | 10,795 | Common | SOLE |
| 535219109 | LIND | LINDBLAD EXPEDITIONS HLDGS I | $1.9M | 0.08% | 160,130 | Common | SOLE |
| 69120X206 | OWLT | OWLET INC | $1.8M | 0.07% | 216,133 | Common | SOLE |
| 00486H105 | ADTN | ADTRAN HOLDINGS INC | $1.8M | 0.07% | 200,320 | Common | SOLE |
| 00847X104 | AGIO | AGIOS PHARMACEUTICALS INC | $1.4M | 0.06% | 41,886 | Common | SOLE |
| 81663L200 | WGS | GENEDX HOLDINGS CORP | $1.1M | 0.04% | 11,550 | Common | SOLE |
| 33767E202 | FSV | FIRSTSERVICE CORP NEW | $836,779 | 0.03% | 4,792 | Common | NONE |
| 38267D109 | GSHD | GOOSEHEAD INS INC | $776,132 | 0.03% | 7,356 | Common | NONE |
| 04302A104 | AIP | ARTERIS INC | $717,457 | 0.03% | 75,284 | Common | SOLE |
| 416906105 | HBIOUSD | HARVARD BIOSCIENCE INC | $666,369 | 0.03% | 1,501,508 | Common | SOLE |
| 157210105 | CEVA | CEVA INC | $576,272 | 0.02% | 26,218 | Common | SOLE |
| 92552R406 | PRSU | PURSUIT ATTRACTIONS AND HOSP | $565,558 | 0.02% | 19,617 | Common | SOLE |
| 46266A109 | IRMD | IRADIMED CORP | $448,784 | 0.02% | 7,506 | Common | SOLE |
| 86887Q109 | SSSS | SURO CAPITAL CORP | $284,058 | 0.01% | 34,599 | Common | SOLE |
| 114340102 | AZTA | AZENTA INC | $249,995 | 0.01% | 8,122 | Common | SOLE |
| 75776W103 | RDW | REDWIRE CORPORATION | $232,601 | 0.01% | 14,270 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.