Institutional Manager · CIK 0001768757
Ararat Capital Management LP
WESTPORT, CT · File #028-20904
Latest AUM
$203.0M
Positions
18
Top-10 Concentration
75.9%
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 |
|---|---|---|---|---|---|
| NEW | CONFLUENT INC | 20717M103 | +701,170 | +$21.2M | $0 |
| NEW | GLOBAL E ONLINE LTD | GLBE | +318,626 | +$12.5M | $0 |
| NEW | REMITLY GLOBAL INC | RELY | +702,186 | +$9.7M | $0 |
| EXITED | CAMPING WORLD HLDGS INC | 13462K109 | -443,116 | -$7.0M | $0 |
| ADD | CARGURUS INC | CARG | +179,948 | +$6.9M | +$169,143 |
| EXITED | INTEGRAL AD SCIENCE HLDNG CO | 45828L108 | -668,407 | -$6.8M | $0 |
| EXITED | KLAVIYO INC | 49845K101 | -221,107 | -$6.1M | $0 |
| EXITED | JFROG LTD | M6191J100 | -101,054 | -$4.8M | $0 |
| EXITED | PAYCOM SOFTWARE INC | 70432V102 | -18,126 | -$3.8M | $0 |
| REDUCE | EUROPEAN WAX CTR INC | 29882P106 | -974,067 | -$3.5M | -$1.2M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202518 pos · $203.0M
- 13F HOLDINGS REPORTQ/E Sep 202520 pos · $186.5M
- 13F HOLDINGS REPORTQ/E Jun 202519 pos · $220.5M
- 13F HOLDINGS REPORTQ/E Mar 202516 pos · $204.4M
- 13F HOLDINGS REPORTQ/E Dec 202416 pos · $250.5M
- 13F HOLDINGS REPORTQ/E Sep 202418 pos · $289.8M
- 13F HOLDINGS REPORTQ/E Jun 202421 pos · $325.9M
- 13F HOLDINGS REPORTQ/E Mar 202423 pos · $352.1M
- 13F HOLDINGS REPORTQ/E Dec 202318 pos · $294.2M
Top 18 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | CONFLUENT INC | 20717M103 | 701,170 | $21.2M | 10.45% |
| 2 | BYLINE BANCORP INC | BY | 651,196 | $19.0M | 9.35% |
| 3 | DRIVEN BRANDS HLDGS INC | DRVN | 1,269,989 | $18.8M | 9.27% |
| 4 | LEGALZOOM COM INC | LZ | 1,875,255 | $18.6M | 9.17% |
| 5 | DOUGLAS DYNAMICS INC | PLOW | 457,720 | $14.9M | 7.36% |
| 6 | CARGURUS INC | CARG | 330,969 | $12.7M | 6.25% |
| 7 | FLYWIRE CORPORATION | FLYW | 892,850 | $12.6M | 6.23% |
| 8 | GLOBAL E ONLINE LTD | GLBE | 318,626 | $12.5M | 6.17% |
| 9 | NATIONAL VISION HLDGS INC | EYE | 482,263 | $12.5M | 6.13% |
| 10 | GILDAN ACTIVEWEAR INC | GIL | 177,864 | $11.1M | 5.47% |
| 11 | REMITLY GLOBAL INC | RELY | 702,186 | $9.7M | 4.77% |
| 12 | SOMNIGROUP INTERNATIONAL INC | SGI | 106,002 | $9.5M | 4.66% |
| 13 | EUROPEAN WAX CTR INC | 29882P106 | 2,140,700 | $7.7M | 3.80% |
| 14 | NCINO INC | NCNO | 248,900 | $6.4M | 3.14% |
| 15 | US FOODS HLDG CORP | USFD | 68,440 | $5.2M | 2.54% |
| 16 | GODADDY INC | GDDY | 41,059 | $5.1M | 2.51% |
| 17 | FUNKO INC | FNKO | 849,041 | $2.9M | 1.42% |
| 18 | KINDERCARE LEARNING COMPANIE | KLC | 601,466 | $2.6M | 1.28% |