Institutional Manager · CIK 0001652327
Harspring Capital Management, LLC
NEW YORK, NY · File #028-19952
Latest AUM
$269.6M
Positions
14
Top-10 Concentration
89.7%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | Cogent Communications Holdings, Inc. | CCOI | +527,500 | +$11.4M | -$14.7M |
| REDUCE | IAC Inc. | IAC | -175,000 | -$6.8M | +$2.5M |
| EXITED | THRYV HLDGS INC | 886029206 | -300,000 | -$3.6M | $0 |
| REDUCE | News Corporation | NWSLL | -20,000 | -$522,400 | -$2.9M |
| ADD | 1stdibs.Com, Inc. | DIBS | +50,000 | +$299,500 | +$2.1M |
| REDUCE | Alphabet Inc. | GOOG | 0 | $0 | +$4.8M |
| REDUCE | Amazon.com, Inc. | AMZN | 0 | $0 | +$1.4M |
| REDUCE | Darling Ingredients Inc. | DAR | 0 | $0 | +$4.7M |
| REDUCE | Enova International, Inc. | 29357K103 | 0 | $0 | +$9.5M |
| REDUCE | LendingClub Corporation | LC | 0 | $0 | +$3.2M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202514 pos · $269.6M
- 13F HOLDINGS REPORTQ/E Sep 202515 pos · $261.2M
- 13F HOLDINGS REPORTQ/E Jun 202517 pos · $284.2M
- 13F HOLDINGS REPORTQ/E Mar 202516 pos · $261.5M
- 13F HOLDINGS REPORTQ/E Dec 202417 pos · $351.8M
- 13F HOLDINGS REPORTQ/E Sep 202418 pos · $420.6M
- 13F HOLDINGS REPORTQ/E Jun 202418 pos · $394.9M
- 13F HOLDINGS REPORTQ/E Mar 202417 pos · $423.8M
- 13F HOLDINGS REPORTQ/E Dec 202318 pos · $377.1M
Top 14 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | Enova International, Inc. | 29357K103 | 225,500 | $35.4M | 13.15% |
| 2 | Darling Ingredients Inc. | DAR | 915,000 | $32.9M | 12.22% |
| 3 | Cogent Communications Holdings, Inc. | CCOI | 1,402,500 | $30.2M | 11.22% |
| 4 | Meta Platforms, Inc. | META | 44,500 | $29.4M | 10.89% |
| 5 | Amazon.com, Inc. | AMZN | 124,200 | $28.7M | 10.63% |
| 6 | Alphabet Inc. | GOOG | 67,650 | $21.2M | 7.87% |
| 7 | Turning Point Brands, Inc. | 90041L105 | 181,500 | $19.7M | 7.30% |
| 8 | LendingClub Corporation | LC | 860,000 | $16.3M | 6.04% |
| 9 | News Corporation | NWSLL | 601,500 | $15.7M | 5.83% |
| 10 | IAC Inc. | IAC | 315,000 | $12.3M | 4.57% |
| 11 | Rush Enterprises, Inc. | RUSHB | 225,000 | $12.1M | 4.50% |
| 12 | U-Haul Holding Company | UHAL-B | 185,000 | $8.6M | 3.21% |
| 13 | 1stdibs.Com, Inc. | DIBS | 660,000 | $4.0M | 1.47% |
| 14 | LGI Homes, Inc. | LGIH | 69,500 | $3.0M | 1.11% |