Q4 2025 · 13F-HR
Toronado Partners, LLCholdings as filed
Filed 2026-02-12 · accession 0001420506-26-000319
$104.7M
Reported value
11
Positions
2025-12-31
Period end
The Brief · Toronado Partners, LLC · Q4 2025
AI · grounded in 13F
Toronado Partners, LLC closed its position in JAMF for a reduction of $11.87M. The fund also exited its holding in ENPH for $10.67M and trimmed its stake in EVER by 50.54%. Offsetting these sells, the fund established a new position in WIX worth $5.75M and increased its holding in STUB by 27.65%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 90138F102 | TWLO | TWILIO INC | $14.9M | 14.2% | 104,663 | Common | SOLE |
| 453204109 | PI | IMPINJ INC | $12.0M | 11.4% | 68,775 | Common | SOLE |
| N14506104 | ESTC | ELASTIC N V | $10.7M | 10.2% | 141,548 | Common | SOLE |
| 82982T106 | SITM | SITIME CORP | $10.6M | 10.2% | 30,102 | Common | SOLE |
| 413160102 | HLIT | HARMONIC INC | $10.0M | 9.53% | 1,008,690 | Common | SOLE |
| 03213A104 | AMPL | AMPLITUDE INC | $9.0M | 8.58% | 775,573 | Common | SOLE |
| 896945201 | TRIP | TRIPADVISOR INC | $8.4M | 8.02% | 576,715 | Common | SOLE |
| G3323L100 | FN | FABRINET | $8.0M | 7.68% | 17,667 | Common | SOLE |
| 30041R108 | EVER | EVERQUOTE INC | $7.8M | 7.49% | 290,549 | Common | SOLE |
| 86384P109 | STUB | STUBHUB HLDGS INC | $7.5M | 7.18% | 555,710 | Common | SOLE |
| M98068105 | WIX | WIX COM LTD | $5.7M | 5.49% | 55,300 | 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.