Spruce House Investment Management

Zachary Sternberg & Benjamin Stein

Period

Q2 2026

Portfolio Date

Jun 30, 2026

Stocks Held

11

Market Value

$3.4B

Holdings Value Trend

Q3 2024

Q4 2024

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Q2 2026

Historical Positions

SymbolQ2 2026Q1 2026Q4 2025Q3 2025
APP27.1%25.4%35.2%38.2%
CVNA22.6%26.2%27.8%35.2%
CPAY8.6%9.1%7.2%3.2%
W7.9%7.0%8.5%6.8%
GXO7.8%6.0%5.0%4.4%
CIGI7.6%9.6%5.5%5.3%
DKNG7.2%7.5%4.2%0.3%
SRAD4.0%1.6%--
CMPR3.7%3.2%2.8%3.4%
CNM3.0%3.8%3.2%3.0%

Post-Filing Contributors

Price change since reported price, ranked by portfolio contribution

CVNA+8.66%
CPAY+23.62%
W+11.78%
CIGI+13.83%
DKNG-0.91%

Post-Filing Detractors

Price change since reported price, ranked by portfolio contribution

APP-40.07%
GXO-10.51%

Sector Analysis

Technology13.1%
Industrials14.5%
Real Estate7.6%
Communication Services27.1%
Consumer Discretionary37.7%

Trading Summary

No stocks in this category