Potrero Capital Research LLC
Sector Allocation
- Technology46.1%$75.3M
- Materials16.6%$27.1M
- Industrials9.0%$14.7M
- Other7.9%$12.9M
- Utilities6.2%$10.1M
- Healthcare4.5%$7.4M
- Communication Services3.9%$6.4M
- Financials3.6%$5.9M
- Consumer Discretionary1.9%$3.0M
- Consumer Staples0.3%$513,745
AUM History
13fpro.ai/research/fund/potrero-capital-research-llc-1536630
Conviction and streaks
Diversifying · top 10 = 46.9%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
GMTL
$8.8MSTX
$8.8MGEV
$8.3MGLW
$8.0M- CHURCHILL$7.9M
AMBA
$7.4MHIMS
$7.4MAEIS
$6.9MBL
$6.7MNOK
$6.3MAMRZ
$6.2MTAC
$6.1MGFS
$5.0MBSTZ
$5.0MATEX
$4.8MBILL
$4.3MENPH
$4.2MGLXY
$4.2MTLN
$4.0MMPTI
$3.8M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/potrero-capital-research-llc-1536630
Potrero Capital Research LLC 13F holdings — Q2 2026
$179.9M portfolio (+10.4% QoQ) · 46 holdings · Q2 2026 13F · top 10 are 47% of the stock portfolio
Includes $16.7M of put/call options ($16.7M puts, $0 calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $163.2M. Weights use the stock portfolio.
$8.8M
5.4% of stocks
+75%This quarter-59.7%Since filed2 qtrsHeld$8.8M
5.4% of stocks
-68%This quarter-31.4%Since filed5 qtrsHeld$8.3M
5.1% of stocks
-22%This quarter-15.8%Since filed10+ qtrsHeld$8.0M
4.9% of stocks
-53%This quarter-23.9%Since filed2 qtrsHeld- 5
CHURCHILL CAP CORP XI - CL A ORD SHS
$7.9M
4.8% of stocks
NewThis quarter—Since filedNew this quarterHeldAIQuality—Est. buy— $7.4M
4.5% of stocks
NewThis quarter-18.2%Since filedNew this quarterHeld$7.4M
4.5% of stocks
NewThis quarter-0.8%Since filedNew this quarterHeld$6.9M
4.3% of stocks
NewThis quarter-29.5%Since filedNew this quarterHeld$6.7M
4.1% of stocks
-43%This quarter+11.7%Since filed3 qtrsHeld$6.3M
3.9% of stocks
-50%This quarter-17.4%Since filed2 qtrsHeld
All holdings — Potrero Capital Research LLC (Q2 2026)
46 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | Seagate Technology Holdings plc | Technology | $8.8M | — | 9,100 | New | — | — | 13F | |
| 12 | CORNING INC /NY | Materials | $7.9M | — | 31K | New | — | — | 13F | |
| 13 | Amrize Ltd | Materials | $6.2M | 3.8% | 116K | -31% | 5 qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | TRANSALTA CORP | Utilities | $6.1M | 3.7% | 439K | -44% | 8 qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | GLOBALFOUNDRIES Inc. | Technology | $5.0M | 3.1% | 61K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | BlackRock Science & Technology Term Trust | — | $5.0M | 3.1% | 167K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | Anterix Inc. | Communication Services | $4.8M | 2.9% | 47K | -80% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | BILL Holdings, Inc. | Technology | $4.3M | 2.6% | 118K | -31% | 4 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | Enphase Energy, Inc. | Technology | $4.2M | 2.6% | 86K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | Galaxy Digital Inc. | Financials | $4.2M | 2.5% | 152K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | Talen Energy Corp | Utilities | $4.0M | 2.5% | 10K | — | 8 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | M-tron Industries, Inc. | Technology | $3.8M | 2.3% | 38K | +20% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | Ivanhoe Electric Inc. | Materials | $3.7M | 2.3% | 382K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | TAKE TWO INTERACTIVE SOFTWARE INC | Technology | $3.0M | 1.8% | 12K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | Sprout Social, Inc. | Technology | $2.8M | 1.7% | 377K | -32% | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $NN | NEXTNAV INC. | Technology | $2.6M | 1.6% | 145K | New | |||
| 27 | $WEAV | Weave Communications, Inc. | Technology | $2.5M | 1.6% | 422K | -32% | |||
| 28 | $MWH | SOLV Energy, Inc. | Industrials | $2.2M | 1.4% | 66K | New | |||
| 29 | $LGN | Legence Corp. | Industrials | $2.1M | 1.3% | 25K | — | |||
| 30 | $CROX | Crocs, Inc. | Consumer Discretionary | $2.1M | 1.3% | 17K | -83% | |||
| 31 | $NXDR | Nextdoor Holdings, Inc. | Technology | $2.0M | 1.3% | 898K | -54% | |||
| 32 | $GLNG | GOLAR LNG LTD | Industrials | $2.0M | 1.2% | 40K | New | |||
| 33 | $KEEL | Keel Infrastructure Corp. | Financials | $1.7M | 1.1% | 300K | New | |||
| 34 | $SPCX | SPACE EXPLORATION TECHNOLOGIES CORP | Technology | $1.7M | 1.1% | 10K | New | |||
| 35 | $CMRC | Commerce.com, Inc. | Technology | $1.7M | 1.0% | 562K | -25% | |||
| 36 | $STRZ | STARZ ENTERTAINMENT CORP /CN/ | Communication Services | $1.6M | 1.0% | 56K | New | |||
| 37 | $BE | Bloom Energy Corp | Technology | $1.5M | 0.9% | 5,000 | New | |||
| 38 | $CRDO | Credo Technology Group Holding Ltd | Technology | $1.4M | 0.8% | 5,000 | New | |||
| 39 | $INTC | INTEL CORP | Technology | $1.1M | 0.7% | 8,220 | New | |||
| 40 | $REAL | TheRealReal, Inc. | Consumer Discretionary | $975K | 0.6% | 83K | New | |||
| 41 | $FRSH | Freshworks Inc. | Technology | $654K | 0.4% | 65K | — | |||
| 42 | $BLND | Blend Labs, Inc. | Technology | $649K | 0.4% | 379K | -31% | |||
| 43 | $ZVIA | Zevia PBC | Consumer Staples | $514K | 0.3% | 315K | -82% | |||
| 44 | $BMM | Blue Moon Metals Inc. | Materials | $501K | 0.3% | 78K | — | |||
| 45 | $META | Meta Platforms, Inc. | Technology | $113K | 0.1% | 200 | -8% | |||
| 46 | $NXH | NEIGHBORHOOD INTELLIGENCE, INC. | Consumer Discretionary | $8K | 0.0% | 18K | -48% |
What changed in Q2 2026
Against the previous quarter's 13F: 22 new, 2 added to, 18 trimmed, 7 sold out. Share-count changes; largest moves by dollar size first.
New positions (22)
first bought this quarter
first bought this quarter
- CHURCHILL CAP CORP XI - CL A ORD SHS$7.9M
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
+16 more in the Excel export
Added to (2)
Trimmed (18)
now $4.8M · held 2 qtrs
now $8.8M · held 5 qtrs, 3 trims in a row
$CROXCrocs, Inc.-83%
now $2.1M · held 2 qtrs
now $8.0M · held 2 qtrs
now $6.3M · held 2 qtrs
now $6.7M · held 3 qtrs
+12 more in the Excel export
Sold out (7)
$BIRKBirkenstock Holding plcwas $10.9M
held 1 qtr
$YETIYETI Holdings, Inc.was $9.3M
held 3 qtrs
$ADARRAY DIGITAL INFRASTRUCTURE, INC.was $7.4M
held 2 qtrs
$HNGEHinge Health, Inc.was $4.5M
held 1 qtr
$TPBTurning Point Brands, Inc.was $4.2M
held 5 qtrs
$AKAMAKAMAI TECHNOLOGIES INCwas $2.3M
+1 more in the Excel export
Holdings by quarter
Every 13F Potrero Capital Research LLC has filed, 41 earlier quarters. Pick one to see what it held then.
Is it too late to follow Potrero Capital Research?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 27, 2026.
Average quality of Potrero Capital Research's top 20 holdings: 59/100 (our AI quality score, weighted by position size; 14 of the 20 are scored)
Top 10 since filing
-21.2%
Value-weighted move of the 10 largest stock positions
Turnover
47%
Last quarter; 117% over the last 4
Top 10 weight
47%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
30%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Potrero Capital Research LLC disclosed 46 positions worth $179.9M in its Form 13F-HR for Q2 2026 — $163.2M in common stock plus $16.7M of put/call option positions (reported at underlying notional value, not premium at risk), led by $GMTL (Guardian Metal Resources PLC) at 5.4% of the equity portfolio, followed by $STX and $GEV. During the quarter the fund opened 22 new positions and exited 7 — including a new stake in $STX and a full exit from $BIRK. The portfolio is most concentrated in Technology (46.1% of disclosed assets). All figures are sourced directly from Potrero Capital Research LLC’s Form 13F-HR filing with the SEC under CIK 1536630.
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AI-Powered Hedge Fund Analysis: Potrero Capital Research LLC
13F Pro is an AI hedge fund tracker and stock research platform. For Potrero Capital Research LLC (SEC CIK: 1536630), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Potrero Capital Research LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.