Greenhouse Funds LLLP

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Greenhouse Funds LLLP maintained a portfolio of 47 distinct positions. The most significant new addition to the portfolio was TOAST INC, which now represents 2.39% of the total fund value. They heavily accumulated shares in NCR VOYIX CORPORATIO, increasing their position by 4.8%. Conversely, Greenhouse Funds LLLP completely exited their position in EQUIFAX INC.
PCA Score Concentration Risk
Risk ENB
Total Positions
47
Quarter
2025 Q4
Top Holding
VYX (6.8%)
Top 10 Concentration
46.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 47
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
VYX
NCR VOYIX CORPO...
Technology 6.76% 8.04% #1
Prev: #1
4.7 840,471 4.8%
P
S
18,350,987 $187,180,067 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BILL
BILL HOLDINGS I...
Technology 5.78% 5.86% #2 1
Prev: #3
2.3 -91,885 -3.0%
P
S
2,933,926 $160,016,324 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SRAD
SPORTRADAR GROU...
Technology 5.69% 6.21% #3 1
Prev: #2
4.3 307,548 4.9%
P
S
6,621,554 $157,394,339 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GSAT
GLOBALSTAR INC
Communication Services 4.91% 2.86% #4 10
Prev: #14
4.0 75,653 3.5%
P
S
2,224,845 $135,804,539 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NCLH
NORWEGIAN CRUIS...
Consumer Cyclical 4.27% 4.57% #5 1
Prev: #4
3.7 223,379 4.4%
P
S
5,298,649 $118,265,846 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CDRE
CADRE HLDGS INC
Industrials 4.12% 3.73% #6 1
Prev: #7
3.6 2,625 0.1%
P
S
2,792,035 $114,026,709 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSGS
MADISON SQUARE ...
Communication Services 3.94% 3.52% #7 2
Prev: #9
1.6 -1,979 -0.5%
P
S
422,091 $109,173,837 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GTM
ZOOMINFO TECHNO...
Technology 3.91% 4.20% #8 3
Prev: #5
3.6 107,299 1.0%
P
S
10,632,097 $108,128,427 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RBC
RBC BEARINGS IN...
Industrials 3.81% 3.33% #9 2
Prev: #11
3.5 1,609 0.7%
P
S
235,187 $105,464,906 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CFLT
CONFLUENT INC
Technology 3.68% 2.59% #10 9
Prev: #19
1.5 -205,582 -5.8%
P
S
3,366,843 $101,813,332 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NEO
NEOGENOMICS INC
Healthcare 3.67% 2.32% #11 10
Prev: #21
3.5 423,189 5.1%
P
S
8,643,846 $101,651,629 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
HQY
HEALTHEQUITY IN...
Healthcare 3.57% 3.71% #12 4
Prev: #8
3.4 10,783 1.0%
P
S
1,079,704 $98,911,683 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MCW
MISTER CAR WASH...
Consumer Cyclical 3.32% 3.29% #13 1
Prev: #12
1.3 -313,849 -1.9%
P
S
16,549,713 $92,016,404 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
HAYW
HAYWARD HLDGS I...
Industrials 3.32% 3.23% #14 1
Prev: #13
3.3 103,620 1.8%
P
S
5,952,001 $91,958,416 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
OLED
UNIVERSAL DISPL...
Technology 3.27% 3.81% #15 9
Prev: #6
3.3 49,052 6.8%
P
S
774,330 $90,426,257 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
XBI
SPDR SERIES TRU...
Unknown 3.03% 2.48% #16 4
Prev: #20
3.2 11,549 1.7%
P
S
687,524 $83,829,801 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CHYM
CHIME FINL INC
Technology 2.99% 1.74% #17 10
Prev: #27
3.3 939,040 39.9%
P
S
3,291,951 $82,858,407 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
VMI
VALMONT INDS IN...
Industrials 2.97% 2.83% #18 1
Prev: #17
3.2 4,678 2.3%
P
S
204,124 $82,123,168 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MMSI
MERIT MED SYS I...
Healthcare 2.76% 2.65% #19 1
Prev: #18
1.1 -4,700 -0.5%
P
S
867,227 $76,437,388 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TDY
TELEDYNE TECHNO...
Technology 2.76% 2.84% #20 4
Prev: #16
3.1 16,952 12.8%
P
S
149,466 $76,336,770 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TOST
TOAST INC
Technology 2.39% #21
Prev: #—
3.0 1,860,143 no change
NEW
1,860,143 $66,053,678 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
OII
OCEANEERING INT...
Energy 2.14% 2.26% #22 2
Prev: #24
0.9 -23,543 -0.9%
P
S
2,468,260 $59,312,288 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ALAB
ASTERA LABS INC
Technology 1.89% 2.30% #23 1
Prev: #22
0.8 -7,058 -2.2%
P
S
314,417 $52,306,412 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
GPN
GLOBAL PMTS INC
CALL
CALL Option 1.82% 2.28% #24 1
Prev: #23
0.8 -100,000 -13.3%
P
S
650,000 $50,310,000 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ADT
ADT INC DEL
Industrials 1.66% 1.63% #25 3
Prev: #28
2.7 559,087 10.9%
P
S
5,687,898 $45,901,337 2018 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
EFX
EQUIFAX INC
Industrials 0.00% 2.85%
Sold All 😨
(Was: #15)
0.3 -303,587 -100.0%
CLOSED
$— 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BLKB
BLACKBAUD INC
Technology 0.00% 1.89%
Sold All 😨
(Was: #25)
0.3 -802,904 -100.0%
CLOSED
$— 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SAIA
SAIA INC
Industrials 0.00% 1.14%
Sold All 😨
(Was: #30)
0.3 -104,375 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NCLH
NORWEGIAN CRUIS...
CALL
CALL Option 0.00% 0.90%
Sold All 😨
(Was: #32)
0.3 -1,000,000 -100.0%
CLOSED
$— 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
GPN
GLOBAL PMTS INC
Industrials 0.00% 0.77%
Sold All 😨
(Was: #33)
0.3 -253,385 -100.0%
CLOSED
$— 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GTM
ZOOMINFO TECHNO...
CALL
CALL Option 0.00% 0.44%
Sold All 😨
(Was: #37)
0.3 -1,100,000 -100.0%
CLOSED
$— 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VYX
NCR VOYIX CORPO...
CALL
CALL Option 0.00% 0.21%
Sold All 😨
(Was: #39)
0.3 -459,000 -100.0%
CLOSED
$— 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 47 holdings

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