AI Portfolio Summary
In 2025 Q4, Potrero Capital Research LLC maintained a portfolio of 51 distinct positions. The most significant new addition to the portfolio was BLACKLINE INC, which now represents 6.90% of the total fund value. Conversely, Potrero Capital Research LLC completely exited their position in INVESCO QQQ TR.
Total Positions
51
Quarter
2025 Q4
Top Holding
TLN (9.8%)
Top 10 Concentration
58.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 51
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
TLN
TALEN ENERGY CO...
|
Utilities | 9.78% | 4.58% |
#1
2
Prev: #3
|
6.4 | -15,998 | -17.1% |
P
S
|
77,500 | $29,050,100 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TAC
TRANSALTA CORP
|
Utilities | 7.34% | 3.96% |
#2
3
Prev: #5
|
4.4 | -794,400 | -31.5% |
P
S
|
1,724,544 | $21,798,236 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BL
BLACKLINE INC
|
Technology | 6.90% | — |
#3
Prev: #—
|
7.3 | 370,557 | no change |
NEW
|
370,557 | $20,488,097 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSFT
MICROSOFT CORP
|
Technology | 6.30% | 2.31% |
#4
2
Prev: #6
|
4.0 | no change | no change |
P
S
|
38,694 | $18,713,192 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
STX
SEAGATE TECHNOL...
|
Technology | 5.71% | 2.23% |
#5
2
Prev: #7
|
2.8 | -20,500 | -25.0% |
P
S
|
61,600 | $16,964,024 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DBRG
DIGITALBRIDGE G...
|
Financial Services | 5.18% | 1.79% |
#6
3
Prev: #9
|
2.1 | -326,964 | -24.6% |
P
S
|
1,003,583 | $15,394,963 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
YETI
YETI HLDGS INC
|
Consumer Cyclical | 4.77% | 1.42% |
#7
6
Prev: #13
|
2.4 | -50,000 | -13.5% |
P
S
|
320,769 | $14,168,367 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BSTZ
BLACKROCK SCIEN...
|
Bond/Debt | 4.10% | 1.38% |
#8
6
Prev: #14
|
2.1 | -1,003 | -0.2% |
P
S
|
538,710 | $12,180,233 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMRZ
AMRIZE LTD
|
Basic Materials | 3.99% | 1.42% |
#9
3
Prev: #12
|
2.1 | -35,964 | -14.1% |
P
S
|
219,123 | $11,850,172 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TPB
TURNING PT BRAN...
|
Consumer Defensive | 3.90% | 1.50% |
#10
1
Prev: #11
|
2.1 | -25,000 | -19.0% |
P
S
|
106,751 | $11,571,808 | 2017 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BILL
BILL HOLDINGS I...
|
Technology | 3.67% | 1.22% |
#11
5
Prev: #16
|
2.5 | no change | no change |
P
S
|
200,000 | $10,908,000 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMBA
AMBARELLA INC
|
Technology | 3.54% | 1.00% |
#12
8
Prev: #20
|
3.9 | 43,164 | 41.0% |
P
S
|
148,537 | $10,522,361 | 2018 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IE
IVANHOE ELECTRI...
|
Basic Materials | 3.17% | 2.00% |
#13
5
Prev: #8
|
1.3 | -796,324 | -57.5% |
P
S
|
588,590 | $9,405,668 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GEV
GE VERNOVA INC
|
Industrials | 3.00% | 1.14% |
#14
4
Prev: #18
|
1.7 | -2,500 | -15.5% |
P
S
|
13,630 | $8,908,159 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
U
UNITY SOFTWARE ...
|
Technology | 2.97% | 1.55% |
#15
5
Prev: #10
|
1.2 | -135,327 | -40.4% |
P
S
|
200,000 | $8,834,000 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CWAN
CLEARWATER ANAL...
|
Technology | 2.84% | — |
#16
Prev: #—
|
4.6 | 350,000 | no change |
NEW
|
350,000 | $8,442,000 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RDDT
REDDIT INC
|
Communication Services | 2.59% | 0.89% |
#17
4
Prev: #21
|
2.0 | no change | no change |
P
S
|
33,500 | $7,700,645 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WEAV
WEAVE COMMUNICA...
|
Healthcare | 1.98% | — |
#18
Prev: #—
|
4.3 | 776,372 | no change |
NEW
|
776,372 | $5,892,663 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BIGC
COMMERCE.COM IN...
|
Unknown | 1.96% | 0.81% |
#19
3
Prev: #22
|
1.8 | no change | no change |
P
S
|
1,415,339 | $5,831,197 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KIND
NEXTDOOR HOLDIN...
|
Unknown | 1.80% | 0.62% |
#20
3
Prev: #23
|
1.2 | -19,168 | -0.7% |
P
S
|
2,546,187 | $5,346,993 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BLND
BLEND LABS INC
|
Technology | 1.70% | — |
#21
Prev: #—
|
4.2 | 1,661,123 | no change |
NEW
|
1,661,123 | $5,049,814 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FRSH
FRESHWORKS INC
|
Technology | 1.64% | 0.53% |
#22
3
Prev: #25
|
1.2 | 3,167 | 0.8% |
P
S
|
396,579 | $4,858,093 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JAMF
JAMF HLDG CORP
|
Technology | 1.63% | 0.38% |
#23
5
Prev: #28
|
2.7 | 61,104 | 19.6% |
P
S
|
372,707 | $4,848,918 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
USM
ARRAY DIGITAL I...
|
Unknown | 1.61% | — |
#24
Prev: #—
|
4.1 | 89,312 | no change |
NEW
|
89,312 | $4,788,909 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SPT
SPROUT SOCIAL I...
|
Technology | 1.44% | 0.22% |
#25
6
Prev: #31
|
3.6 | 230,302 | 153.5% |
P
S
|
380,302 | $4,286,004 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
QQQ
PUT
INVESCO QQQ TR
|
PUT Option | 0.00% | 34.55% |
Sold All 😨
(Was: #1) |
0.0 | -500,000 | -100.0% |
CLOSED
|
— | $— | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SPY
PUT
SPDR S&P 500 ET...
|
PUT Option | 0.00% | 23.01% |
Sold All 😨
(Was: #2) |
0.0 | -300,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TLN
PUT
TALEN ENERGY CO...
|
PUT Option | 0.00% | 4.55% |
Sold All 😨
(Was: #4) |
0.0 | -93,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ROKU
ROKU INC
|
Communication Services | 0.00% | 1.02% |
Sold All 😨
(Was: #19) |
0.0 | -88,268 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SIMO
SILICON MOTION ...
|
Technology | 0.00% | 0.57% |
Sold All 😨
(Was: #24) |
0.0 | -51,858 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CEPT
CANTOR EQUITY P...
|
Financial Services | 0.00% | 0.45% |
Sold All 😨
(Was: #27) |
0.0 | -368,878 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ALTS
ALT5 SIGMA CORP
|
ETF | 0.00% | 0.34% |
Sold All 😨
(Was: #29) |
0.0 | -1,104,805 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WLAC
WILLOW LANE ACQ...
|
Financial Services | 0.00% | 0.30% |
Sold All 😨
(Was: #30) |
0.0 | -227,202 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BELFB
BEL FUSE INC
|
Technology | 0.00% | 0.21% |
Sold All 😨
(Was: #32) |
0.0 | -12,676 | -100.0% |
CLOSED
|
— | $— | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BYON
BED BATH & BEYO...
|
Unknown | 0.00% | 0.20% |
Sold All 😨
(Was: #33) |
0.0 | -180,733 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
REPUBLIC DIGITA...
|
—
|
Unknown | 0.00% | 0.18% |
Sold All 😨
(Was: #34) |
0.0 | -150,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
STRZ
STARZ ENTERTAIN...
|
Communication Services | 0.00% | 0.16% |
Sold All 😨
(Was: #35) |
0.0 | -93,585 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PD
PAGERDUTY INC
|
Technology | 0.00% | 0.16% |
Sold All 😨
(Was: #36) |
0.0 | -82,366 | -100.0% |
CLOSED
|
— | $— | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MBAV
M3BRIGADE ACQUI...
|
Financial Services | 0.00% | 0.12% |
Sold All 😨
(Was: #37) |
0.0 | -100,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BARK
BARK INC
|
Consumer Cyclical | 0.00% | 0.10% |
Sold All 😨
(Was: #38) |
0.0 | -1,013,366 | -100.0% |
CLOSED
|
— | $— | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ATNF
ETHZILLA CORPOR...
|
Unknown | 0.00% | 0.08% |
Sold All 😨
(Was: #39) |
0.0 | -300,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IBP
INSTALLED BLDG ...
|
Consumer Cyclical | 0.00% | 0.06% |
Sold All 😨
(Was: #40) |
0.0 | -2,066 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 51 holdings