SPRUCE HOUSE INVESTMENT MANAGEMENT LLC

Q1 2026 13F-HR Holdings

Location
New York, NY
Holdings as of
3/31/2026
Date filed
5/15/2026
Form type
13F-HR
Num holdings
11
Total value ($000)
$2,800,933
Net value change ($000)
-647,416 (-18.8%)
New positions
1
Sold out positions
0
Turnover %
1.6%
Sector allocation + QoQ delta (equities-only)

Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown

Prev filing: 2/17/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q4 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
CIGI 77,123 40.3%
DKNG 63,769 44.0%
SRAD 46,035 NEW
CPAY 6,299 2.5%
QXO 106 0.7%
Top Reduces (Value $000, Stocks/ETFs)
APP -500,273 -41.3%
CVNA -226,019 -23.5%
W -98,037 -33.4%
CMPR -8,327 -8.5%
CNM -5,526 -4.9%
GXO -2,567 -1.5%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type