Spruce House Investment Management
Spruce House Investment Management
Period
Q1 2026
Portfolio Date
Mar 31, 2026
Stocks Held
11
Market Value
$2.8B
Holdings Value Trend
Q2 2024
Q3 2024
Q4 2024
Q1 2025
Q2 2025
Q3 2025
Q4 2025
Q1 2026
Top 5 Holdings
Historical Positions
| Symbol | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|
| CVNA | 26.2% | 27.8% | 35.2% | 44.9% |
| APP | 25.4% | 35.2% | 38.2% | 26.6% |
| CIGI | 9.6% | 5.5% | 5.3% | 6.3% |
| CPAY | 9.1% | 7.2% | 3.2% | - |
| DKNG | 7.5% | 4.2% | 0.3% | 0.5% |
| W | 7.0% | 8.5% | 6.8% | 5.7% |
| GXO | 6.0% | 5.0% | 4.4% | 6.5% |
| CNM | 3.8% | 3.2% | 3.0% | 5.5% |
| CMPR | 3.2% | 2.8% | 3.4% | 3.6% |
| SRAD | 1.6% | - | - | - |
Post-Filing Contributors
Price change since reported price, ranked by portfolio contribution
APP+20.47%
CVNA-80.01%
DKNG+21.74%
CPAY+21.42%
W+8.48%
Post-Filing Detractors
Price change since reported price, ranked by portfolio contribution
CIGI-13.10%
GXO-7.27%
Sector Analysis
Technology11.3%
Industrials13.0%
Real Estate9.6%
Communication Services25.4%
Consumer Discretionary40.6%