Institutional Manager · CIK 0001749611
Toronado Partners, LLC
SAN FRANCISCO, CA · File #028-19097
Latest AUM
$104.7M
Positions
11
Top-10 Concentration
94.5%
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 |
|---|---|---|---|---|---|
| EXITED | JAMF HLDG CORP | 47074L105 | -1,109,255 | -$11.9M | $0 |
| EXITED | ENPHASE ENERGY INC | 29355A107 | -301,379 | -$10.7M | $0 |
| REDUCE | TWILIO INC | TWLO | -71,514 | -$10.2M | +$7.4M |
| REDUCE | EVERQUOTE INC | EVER | -296,891 | -$8.0M | +$2.4M |
| REDUCE | FABRINET | FN | -15,500 | -$7.1M | +$3.0M |
| NEW | WIX COM LTD | WIX | +55,300 | +$5.7M | $0 |
| REDUCE | IMPINJ INC | PI | -32,020 | -$5.6M | -$679,358 |
| REDUCE | TRIPADVISOR INC | TRIP | -266,939 | -$3.9M | -$1.4M |
| REDUCE | SITIME CORP | SITM | -10,683 | -$3.8M | +$2.1M |
| REDUCE | AMPLITUDE INC | AMPL | -194,771 | -$2.3M | +$834,495 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202511 pos · $104.7M
- 13F HOLDINGS REPORTQ/E Sep 202512 pos · $150.9M
- 13F HOLDINGS REPORTQ/E Jun 202511 pos · $140.9M
- 13F HOLDINGS REPORTQ/E Mar 202511 pos · $142.9M
- 13F HOLDINGS REPORTQ/E Dec 202411 pos · $158.3M
- 13F HOLDINGS REPORTQ/E Sep 202411 pos · $167.3M
- 13F HOLDINGS REPORTQ/E Jun 202410 pos · $156.1M
- 13F HOLDINGS REPORTQ/E Mar 202417 pos · $180.6M
- 13F HOLDINGS REPORTQ/E Dec 202319 pos · $176.4M
Top 11 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | TWILIO INC | TWLO | 104,663 | $14.9M | 14.22% |
| 2 | IMPINJ INC | PI | 68,775 | $12.0M | 11.43% |
| 3 | ELASTIC N V | ESTC | 141,548 | $10.7M | 10.20% |
| 4 | SITIME CORP | SITM | 30,102 | $10.6M | 10.16% |
| 5 | HARMONIC INC | HLIT | 1,008,690 | $10.0M | 9.53% |
| 6 | AMPLITUDE INC | AMPL | 775,573 | $9.0M | 8.58% |
| 7 | TRIPADVISOR INC | TRIP | 576,715 | $8.4M | 8.02% |
| 8 | FABRINET | FN | 17,667 | $8.0M | 7.68% |
| 9 | EVERQUOTE INC | EVER | 290,549 | $7.8M | 7.49% |
| 10 | STUBHUB HLDGS INC | STUB | 555,710 | $7.5M | 7.18% |
| 11 | WIX COM LTD | WIX | 55,300 | $5.7M | 5.49% |