AI Portfolio Summary
In 2025 Q4, Ararat Capital Management LP maintained a portfolio of 23 distinct positions. The most significant new addition to the portfolio was CONFLUENT INC, which now represents 10.45% of the total fund value. Conversely, Ararat Capital Management LP completely exited their position in PAYCOM SOFTWARE INC.
Total Positions
23
Quarter
2025 Q4
Top Holding
CFLT (10.4%)
Top 10 Concentration
75.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-23 of 23
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
CFLT
CONFLUENT INC
|
Technology | 10.45% | — |
#1
Prev: #—
|
9.5 | 701,170 | no change |
NEW
|
701,170 | $21,203,381 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BY
BYLINE BANCORP ...
|
Financial Services | 9.35% | 10.10% |
#2
1
Prev: #1
|
5.7 | -27,920 | -4.1% |
P
S
|
651,196 | $18,982,363 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DRVN
DRIVEN BRANDS H...
|
Consumer Cyclical | 9.27% | 9.48% |
#3
Prev: #3
|
6.7 | 172,275 | 15.7% |
P
S
|
1,269,989 | $18,821,237 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LZ
LEGALZOOM COM I...
|
Industrials | 9.17% | 9.55% |
#4
2
Prev: #2
|
6.2 | 159,899 | 9.3% |
P
S
|
1,875,255 | $18,621,282 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PLOW
DOUGLAS DYNAMIC...
|
Consumer Cyclical | 7.36% | 7.29% |
#5
1
Prev: #4
|
5.4 | 22,722 | 5.2% |
P
S
|
457,720 | $14,944,558 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CARG
CARGURUS INC
|
Consumer Cyclical | 6.25% | 3.01% |
#6
8
Prev: #14
|
5.5 | 179,948 | 119.2% |
P
S
|
330,969 | $12,692,661 | 2021 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FLYW
FLYWIRE CORPORA...
|
Technology | 6.23% | 5.63% |
#7
2
Prev: #9
|
4.5 | 117,986 | 15.2% |
P
S
|
892,850 | $12,642,756 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GLBE
GLOBAL E ONLINE...
|
Consumer Cyclical | 6.17% | — |
#8
Prev: #—
|
6.0 | 318,626 | no change |
NEW
|
318,626 | $12,525,188 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EYE
NATIONAL VISION...
|
Consumer Cyclical | 6.13% | 6.23% |
#9
2
Prev: #7
|
5.0 | 83,974 | 21.1% |
P
S
|
482,263 | $12,452,031 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GIL
GILDAN ACTIVEWE...
|
Consumer Cyclical | 5.47% | 6.75% |
#10
5
Prev: #5
|
2.7 | -39,821 | -18.3% |
P
S
|
177,864 | $11,109,385 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RELY
REMITLY GLOBAL ...
|
Technology | 4.77% | — |
#11
Prev: #—
|
5.4 | 702,186 | no change |
NEW
|
702,186 | $9,690,167 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SGI
SOMNIGROUP INTE...
|
Consumer Cyclical | 4.66% | 6.03% |
#12
4
Prev: #8
|
1.9 | -27,454 | -20.6% |
P
S
|
106,002 | $9,463,859 | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EWCZ
EUROPEAN WAX CT...
|
Consumer Defensive | 3.80% | 6.66% |
#13
7
Prev: #6
|
1.5 | -974,067 | -31.3% |
P
S
|
2,140,700 | $7,706,520 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NCNO
NCINO INC
|
Technology | 3.14% | 5.25% |
#14
4
Prev: #10
|
1.3 | -112,392 | -31.1% |
P
S
|
248,900 | $6,381,796 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
USFD
US FOODS HLDG C...
|
Consumer Defensive | 2.54% | 2.54% |
#15
2
Prev: #17
|
3.0 | 6,667 | 10.8% |
P
S
|
68,440 | $5,154,901 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GDDY
GODADDY INC
|
Technology | 2.51% | 2.57% |
#16
1
Prev: #15
|
3.0 | 6,032 | 17.2% |
P
S
|
41,059 | $5,094,601 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FNKO
FUNKO INC
|
Consumer Cyclical | 1.42% | 1.69% |
#17
3
Prev: #20
|
1.1 | -65,061 | -7.1% |
P
S
|
849,041 | $2,886,739 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KLC
KINDERCARE LEAR...
|
Consumer Defensive | 1.28% | 1.96% |
#18
1
Prev: #19
|
2.5 | 50,822 | 9.2% |
P
S
|
601,466 | $2,598,333 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PAYC
PAYCOM SOFTWARE...
|
Technology | 0.00% | 2.02% |
Sold All 😨
(Was: #18) |
0.0 | -18,126 | -100.0% |
CLOSED
|
— | $— | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FROG
JFROG LTD
|
Technology | 0.00% | 2.56% |
Sold All 😨
(Was: #16) |
0.0 | -101,054 | -100.0% |
CLOSED
|
— | $— | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KVYO
KLAVIYO INC
|
Technology | 0.00% | 3.28% |
Sold All 😨
(Was: #13) |
0.0 | -221,107 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IAS
INTEGRAL AD SCI...
|
Communication Services | 0.00% | 3.64% |
Sold All 😨
(Was: #12) |
0.0 | -668,407 | -100.0% |
CLOSED
|
— | $— | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CWH
CAMPING WORLD H...
|
Consumer Cyclical | 0.00% | 3.75% |
Sold All 😨
(Was: #11) |
0.0 | -443,116 | -100.0% |
CLOSED
|
— | $— | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-23 of 23 holdings