Pillsbury Lake Capital LLC
Sector Allocation
- Consumer Discretionary27.3%$99.3M
- Industrials15.4%$56.1M
- Technology12.7%$46.3M
- Healthcare11.5%$42.0M
- Consumer Staples7.7%$28.1M
- Financials7.5%$27.2M
- Energy5.0%$18.3M
- Real Estate4.9%$18.0M
- Utilities4.1%$14.8M
- Other3.9%$14.2M
AUM History
13fpro.ai/research/fund/pillsbury-lake-capital-llc-2111915
Conviction and streaks
Diversifying · top 10 = 42.7%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
BLZE
$21.2MCOMP
$18.0MLINC
$17.8MHNI
$16.7MCLH
$14.8METON
$14.0MUTI
$13.8MMSA
$13.4MSLB
$13.1MMCFT
$12.9MCVCO
$11.5MSRTA
$11.4MLUXE
$10.9MGPGI
$10.8MKNX
$10.8MTPB
$10.7MBGSI
$10.5MBBW
$10.4MKRUS
$10.2MCARG
$10.1M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/pillsbury-lake-capital-llc-2111915
Pillsbury Lake Capital LLC 13F holdings — Q2 2026
$366.3M portfolio (+65.6% QoQ) · 43 holdings · Q2 2026 13F · top 10 are 43% of the stock portfolio
Includes $2.1M of put/call options ($2.1M puts, $0 calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $364.2M. Weights use the stock portfolio.
$21.2M
5.8% of stocks
-32%This quarter-54.8%Since filed3+ qtrsHeld$18.0M
4.9% of stocks
-9%This quarter-25.6%Since filed3+ qtrsHeld$17.8M
4.9% of stocks
-6%This quarter-29.0%Since filed3+ qtrsHeldAIQuality61.3#799Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$16.7M
4.6% of stocks
+87%This quarter-2.4%Since filed3+ qtrsHeldAIQuality57.7#1,073Est. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$14.8M
4.1% of stocks
+116%This quarter-1.5%Since filed3+ qtrsHeldAIQuality55.3#1,247Est. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$14.0M
3.9% of stocks
+6%This quarter-14.8%Since filed2 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$13.8M
3.8% of stocks
+46%This quarter-12.6%Since filed2 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$13.4M
3.7% of stocks
NewThis quarter-3.5%Since filedNew this quarterHeld$13.1M
3.6% of stocks
NewThis quarter-1.3%Since filedNew this quarterHeld$12.9M
3.5% of stocks
NewThis quarter-21.9%Since filedNew this quarterHeld
All holdings — Pillsbury Lake Capital LLC (Q2 2026)
43 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 | CAVCO INDUSTRIES, INC. | Industrials | $11.5M | 3.2% | 19K | +19% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | Strata Critical Medical, Inc. | Healthcare | $11.4M | 3.1% | 2.17M | -17% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | LuxExperience B.V.adr | Consumer Discretionary | $10.9M | 3.0% | 1.46M | +24% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | GPGI, Inc. | Financials | $10.8M | 3.0% | 681K | +526% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Knight-Swift Transportation Holdings Inc. | Industrials | $10.8M | 3.0% | 138K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | Turning Point Brands, Inc. | Consumer Staples | $10.7M | 2.9% | 126K | -26% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | Boyd Group Services Inc. | Consumer Discretionary | $10.5M | 2.9% | 111K | +13% | 3+ qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | BUILD-A-BEAR WORKSHOP INC | Consumer Discretionary | $10.4M | 2.9% | 339K | +3% | 3+ qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | KURA SUSHI USA, INC. | Consumer Discretionary | $10.2M | 2.8% | 177K | +49% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | CarGurus, Inc. | Technology | $10.1M | 2.8% | 297K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | WEALTHFRONT CORP | Financials | $9.2M | 2.5% | 1.03M | +56% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | Crocs, Inc. | Consumer Discretionary | $9.1M | 2.5% | 76K | -5% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | Lifeway Foods, Inc. | Consumer Staples | $8.7M | 2.4% | 292K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | — | GLOBAL X FDS - ARTIFICIAL ETFetf/fund | — | $8.4M | 2.3% | 128K | New | — | — | 13F |
| 25 | PDF SOLUTIONS INC | Technology | $8.3M | 2.3% | 118K | -56% | 3+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $FLYW | Flywire Corp | Industrials | $8.3M | 2.3% | 474K | -39% | |||
| 27 | $CAAP | CORPORACION AMERICA AIRPORTS S.A. | Industrials | $7.4M | 2.0% | 295K | New | |||
| 28 | $BV | BrightView Holdings, Inc. | Consumer Staples | $7.1M | 2.0% | 503K | -0.7% | |||
| 29 | $RHLD | Resolute Holdings Management, Inc. | Financials | $7.0M | 1.9% | 48K | New | |||
| 30 | — | LISTED FDS TR - HORI KI INFL ETF | — | $5.8M | 1.6% | 176K | +36% | |||
| 31 | $SEI | Solaris Energy Infrastructure, Inc. | Energy | $5.2M | 1.4% | 65K | New | |||
| 32 | $MEC | Mayville Engineering Company, Inc. | Industrials | $5.1M | 1.4% | 137K | New | |||
| 33 | $MGNI | MAGNITE, INC. | Technology | $4.1M | 1.1% | 218K | New | |||
| 34 | $SHAZ | SharonAI Holdings Inc. | Technology | $2.4M | 0.7% | 29K | New | |||
| 35 | $CRON | Cronos Group Inc. | Healthcare | $2.3M | 0.6% | 810K | -81% | |||
| 36 | $MAMA | Mama's Creations, Inc. | Consumer Staples | $1.6M | 0.4% | 90K | -74% | |||
| 37 | $MDXG | MIMEDX GROUP, INC. | Healthcare | $829K | 0.2% | 215K | New | |||
| 38 | — PUT | ISHARES TR - RUSSELL 2000 ETF | — | $654K | — | 900 | -31% | |||
| 39 | $TOYO PUT | TOYO Co., Ltd | Consumer Discretionary | $563K | — | 683 | New | |||
| 40 | — PUT | GLOBAL X FDS - ARTIFICIAL ETF | — | $430K | — | 1,494 | New | |||
| 41 | $WEST PUT | Westrock Coffee Co | Consumer Staples | $362K | — | 5,166 | New | |||
| 42 | $GLXY | Galaxy Digital Inc. | Financials | $283K | 0.1% | 168K | New | |||
| 43 | $TPB PUT | Turning Point Brands, Inc. | Consumer Staples | $137K | — | 315 | New |
What changed in Q2 2026
Against the previous quarter's 13F: 19 new, 12 added to, 12 trimmed, 8 sold out. Share-count changes; largest moves by dollar size first.
New positions (19)
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
$LWAYLifeway Foods, Inc.$8.7M
first bought this quarter
+13 more in the Excel export
Added to (12)
now $10.8M · held 3+ qtrs
now $14.8M · held 3+ qtrs, 2 adds in a row
now $16.7M · held 3+ qtrs, 2 adds in a row
now $13.8M · held 2 qtrs, 2 adds in a row
now $10.2M · held 3+ qtrs
$WLTHWEALTHFRONT CORP+56%
now $9.2M · held 2 qtrs, 2 adds in a row
+6 more in the Excel export
Trimmed (12)
$PDFSPDF SOLUTIONS INC-56%
now $8.3M · held 3+ qtrs, 2 trims in a row
now $21.2M · held 3+ qtrs
$CRONCronos Group Inc.-81%
now $2.3M · held 3+ qtrs
$FLYWFlywire Corp-39%
now $8.3M · held 2 qtrs
$MAMAMama's Creations, Inc.-74%
now $1.6M · held 3+ qtrs, 2 trims in a row
now $10.7M · held 3+ qtrs
+6 more in the Excel export
Holdings by quarter
Every 13F Pillsbury Lake Capital LLC has filed, 2 earlier quarters. Pick one to see what it held then.
Is it too late to follow Pillsbury Lake Capital?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Pillsbury Lake Capital's top 20 holdings: 53/100 (our AI quality score, weighted by position size; 19 of the 20 are scored)
Top 10 since filing
-18.8%
Value-weighted move of the 10 largest stock positions
Turnover
24%
Last quarter
Top 10 weight
43%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
0%
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 Q4 2025 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
Pillsbury Lake Capital LLC disclosed 43 positions worth $366.3M in its Form 13F-HR for Q2 2026 — $364.2M in common stock plus $2.1M of put/call option positions (reported at underlying notional value, not premium at risk), led by $BLZE (Backblaze, Inc.) at 5.8% of the equity portfolio, followed by $COMP and $LINC. During the quarter the fund opened 19 new positions and exited 8 — including a new stake in $MSA and a full exit from $LMRI. The portfolio is most concentrated in Consumer Discretionary (27.3% of disclosed assets). All figures are sourced directly from Pillsbury Lake Capital LLC’s Form 13F-HR filing with the SEC under CIK 2111915.
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AI-Powered Hedge Fund Analysis: Pillsbury Lake Capital LLC
13F Pro is an AI hedge fund tracker and stock research platform. For Pillsbury Lake Capital LLC (SEC CIK: 2111915), 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.
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