SPRUCE HOUSE INVESTMENT MANAGEMENT LLC
Sector Allocation
- Consumer Discretionary34.0%$1.2B
- Technology31.2%$1.1B
- Communication Services10.8%$368.1M
- Financials8.6%$293.3M
- Industrials7.8%$266.2M
- Real Estate7.6%$257.4M
AUM History
13fpro.ai/research/fund/spruce-house-investment-management-llc-1543170
Conviction and streaks
Stable · top 10 = 99.6%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
APP
$922.3MCVNA
$768.4MCPAY
$293.3MW
$268.9MGXO
$266.2MCIGI
$257.4MDKNG
$243.8MSRAD
$137.1MCMPR
$124.3MCNM
$103.7MQXO
$14.0M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/spruce-house-investment-management-llc-1543170
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 13F holdings — Q2 2026
$3.4B portfolio (+21.4% QoQ) · 11 holdings · Q2 2026 13F · top 10 are 100% of the stock portfolio
$922.3M
27.1% of stocks
No changeThis quarter—Since Q-end—HeldAIQuality84.7#6Est. buy—$768.4M
22.6% of stocks
+400%This quarter—Since Q-end—HeldAIQuality71.8#171Est. buy—$293.3M
8.6% of stocks
No changeThis quarter—Since Q-end—HeldAIQuality69.6#241Est. buy—$268.9M
7.9% of stocks
+12%This quarter—Since Q-end—HeldAIQuality43.7#1,956Est. buy—$266.2M
7.8% of stocks
+62%This quarter—Since Q-end—HeldAIQuality60.9#830Est. buy—$257.4M
7.6% of stocks
+9%This quarter—Since Q-end—HeldAIQuality—Est. buy—$243.8M
7.2% of stocks
No changeThis quarter—Since Q-end—Held$137.1M
4.0% of stocks
+233%This quarter—Since Q-end—HeldAIQuality—Est. buy—$124.3M
3.7% of stocks
No changeThis quarter—Since Q-end—HeldAIQuality—Est. buy—$103.7M
3.0% of stocks
No changeThis quarter—Since Q-end—Held
| # | Company | Value | Weight | This quarter | Since Q-end | Held | AI quality | Est. buy | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | $922.3M | 27.1% | No change | — | — | 84.7#6 | — | ||
| 2 | $768.4M | 22.6% | +400% | — | — | 71.8#171 | — | ||
| 3 | $293.3M | 8.6% | No change | — | — | 69.6#241 | — | ||
| 4 | $268.9M | 7.9% | +12% | — | — | 43.7#1,956 | — | ||
| 5 | $266.2M | 7.8% | +62% | — | — | 60.9#830 | — | ||
| 6 | $257.4M | 7.6% | +9% | — | — | — | — | ||
| 7 | $243.8M | 7.2% | No change | — | — | AI quality score is Pro: unlock with a free trial | — | ||
| 8 | $137.1M | 4.0% | +233% | — | — | — | — | ||
| 9 | $124.3M | 3.7% | No change | — | — | — | — | ||
| 10 | $103.7M | 3.0% | No change | — | — | AI quality score is Pro: unlock with a free trial | — |
All holdings — SPRUCE HOUSE INVESTMENT MANAGEMENT LLC (Q2 2026)
11 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 | QXO, Inc. | Consumer Discretionary | $14.0M | 0.4% | 813K | — | — | AI quality score is Pro: unlock with a free trial | 13F |
What changed in Q2 2026
Against the previous quarter's 13F: 0 new, 5 added to, 0 trimmed, 0 sold out. Share-count changes; largest moves by dollar size first.
New positions (0)
No new positions this quarter.
Added to (5)
Trimmed (0)
No positions trimmed this quarter.
Sold out (0)
No positions sold out this quarter.
Holdings by quarter
Every 13F SPRUCE HOUSE INVESTMENT MANAGEMENT LLC has filed, 40 earlier quarters. Pick one to see what it held then.
Portfolio Overview
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC disclosed 11 positions worth $3.4B in its Form 13F-HR for Q2 2026, led by $APP (AppLovin Corp) at 27.1% of the equity portfolio, followed by $CVNA and $CPAY. The portfolio is most concentrated in Consumer Discretionary (34.0% of disclosed assets). All figures are sourced directly from SPRUCE HOUSE INVESTMENT MANAGEMENT LLC’s Form 13F-HR filing with the SEC under CIK 1543170.
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AI-Powered Hedge Fund Analysis: SPRUCE HOUSE INVESTMENT MANAGEMENT LLC
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