Divisadero Street Capital Management

Quarters on file

Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.

• Q2 202617 names$601M+$175M
• Q1 20269 names$229M+$111M
• Q4 20255 names · $161M in calls, not in the total$164M−$180M
• Q3 202513 names$340M+$31.4M
• Q2 202513 names · $34.2M in calls, not in the total$357M+$61.9M
• Q1 202511 names · $1.5M in calls, not in the total$187M+$157M
• Q4 202410 names · $13.0M in calls, not in the total$90.2M+$3.6M
• Q3 20244 names$47.6M+$10.1M
• Q2 20245 names$33.1M+$26.8M
• Q1 20245 names$14.8M+$3.7M
• Q4 20235 names$8.0M−$18.3M
• Q3 20234 names$27.8M+$7.6M
• Q2 20233 names$14.2M−$31.9M
• Q1 20235 names$43.9M+$27.7M
• Q4 20224 names$14.5M+$8.0M
• Q3 20224 names$7.6M+$5.0M
• Q2 20221 name$1.4M−$12.3M
• Q1 20223 names$14.4M+$13.9M
• Q4 20216 names$8.3M—

What moved the book

The five software lines with the largest share change this quarter.

• Dave Inc.DAVE+$84.0M$112M
• Calix, Inc.CALX+$16.2M$15.0M
• Remitly Global, Inc.RELY+$13.7M$16.5M
• Blend Labs, Inc.BLND−$7.7M$5.4M
• FlywireFLYW+$4.0M$70.7M

Software held

• Dave Inc.DAVE640,840 shares · 48.6% of their software · price −$30.3M$112M+$84.0M
• FlywireFLYW6,070,594 shares · 30.8% of their software · price −$15.3M$70.7M+$4.0M
• Remitly Global, Inc.RELY1,053,557 shares · 7.2% of their software · price +$2.0M$16.5M+$13.7M
• Calix, Inc.CALX305,670 shares · 6.5% of their software · price −$1.2M$15.0MNew · +$16.2M
• FastlyFSLY225,000 shares · 2.8% of their software · price +$4.2M$6.5MNew · +$2.3M
• Blend Labs, Inc.BLND3,175,092 shares · 2.4% of their software · price −$4.3M$5.4M−$7.7M
• Priority Technology Holdings, Inc.PRTH653,019 shares · 1.3% of their software$3.1M−$2.2M
• Viant Technology Inc.DSP49,445 shares · 0.2% of their software$554KNew · +$595K
• Ibotta, Inc.IBTA6,727 shares · 0.1% of their software$202KNew · Flat