Potrero Capital Research LLC

Registered adviser

CIK

1536630

Location

SAN FRANCISCO, CA

Portfolio Value

Small $179,940,012

Diversification

Diversified

Filing Date

Global Rank

#6,856 / 8,827 ▼ 95

Top Industry

Electronic Components 10.9%

Period ended 4 months ago

Filed Aug 14, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 125909

Roster of Nov 1, 2026

Regulatory AUM

$419,641,644

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

3 funds · Hedge funds

Focus by fund count, roster of Nov 1, 2026

$397,395,373 gross assets

Private funds on Schedule D 7.B.(1)

As filed Mar 26, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$330,457,196 gross assets in 3 funds Hedge funds $330,457,196 (3)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$419,641,644	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$381,898,152	Pooled investment vehicles (100%)
Apr 2024 to Mar 2025	$344,372,654	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$327,676,000	Pooled investment vehicles (100%)
Apr 2023	$327,676,000	Pooled investment vehicles (100%)
Apr 2022 to Mar 2023	$451,508,000	Pooled investment vehicles (100%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 46.9%, 29.3 effective positions, active share 97.2% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

108.3% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 2.9 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 97.2%; sector active share 30.5% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

43 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

9.8%

+0.2 pts

Top 5

32.5%

−2.7 pts

Top 10

51.8%

−10.0 pts

HHI

410

Diversified−98

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	46.6%	$83,800,893	17
Industrials	11.5%	$20,614,160	5
Basic Materials	10.6%	$19,153,993	4
Financial Services	9.5%	$17,036,107	3
Utilities	6.8%	$12,322,453	3
Communication Services	6.4%	$11,561,307	5
Healthcare	5.5%	$9,913,033	2
Consumer Cyclical	1.7%	$3,030,721	2
Energy	1.1%	$1,993,600	1
Consumer Defensive	0.3%	$513,745	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
GMTL	Guardian Metal Resources PLC	+269,886	629,393	$8,817,795
MPTI	M-tron Industries, Inc.	+6,360	38,161	$3,783,663
No positions match the current search.

Trimmed

Positions the filer reduced

17 positions

Ticker	Company	Δ Shares	Shares	Value
ZVIA	Zevia PBC	−1,427,850	315,181	$513,745
NXDR	Nextdoor Holdings, Inc.	−1,044,899	897,718	$2,037,819
NOK	Nokia Corp	−465,825	473,240	$6,284,627
TAC	Transalta Corp	−351,187	439,186	$6,073,942
WEAV	Weave Communications, Inc.	−196,977	422,415	$2,530,265
CMRC	Commerce.com, Inc.	−186,238	562,424	$1,664,775
ATEX	Anterix Inc.	−183,036	46,525	$4,789,283
BL	Blackline, Inc.	−182,559	238,590	$6,697,221
SPT	Sprout Social, Inc.	−179,475	377,131	$2,847,339
BLND	Blend Labs, Inc.	−170,428	379,274	$648,558
CROX	Crocs, Inc.	−83,952	17,038	$2,055,464
BILL	BILL Holdings, Inc.	−53,653	117,707	$4,256,285
AMRZ	Amrize Ltd	−51,763	115,595	$6,161,213
GLW	Corning Inc	−34,543	31,177	$7,963,541
STX	Seagate Technology Holdings plc	−19,223	9,117	$8,797,905
GEV	GE Vernova Inc.	−2,000	7,085	$8,323,883
META	Meta Platforms, Inc.	−18	200	$112,658
No positions match the current search.

New Positions

Positions the filer opened this quarter

20 positions

Ticker	Company	Shares	Value
CCXI	Churchill Capital Corp XI	450,550	$7,862,097
AMBA	Ambarella Inc	86,595	$7,429,851
HIMS	Hims & Hers Health, Inc.	212,944	$7,382,768
AEIS	Advanced Energy Industries Inc	18,592	$6,932,399
GFS	GLOBALFOUNDRIES Inc.	61,056	$5,031,624
BSTZ	BlackRock Science & Technology Term Trust	167,198	$5,020,955
ENPH	Enphase Energy, Inc.	85,840	$4,226,761
GLXY	Galaxy Digital Inc.	151,904	$4,153,055
IE	Ivanhoe Electric Inc.	382,345	$3,674,335
TTWO	Take Two Interactive Software Inc	12,000	$2,999,760
NN	Nextnav Inc.	145,000	$2,585,350
MWH	SOLV Energy, Inc.	65,941	$2,245,291
GLNG	Golar Lng Ltd	40,000	$1,993,600
KEEL	Keel Infrastructure Corp.	300,000	$1,722,000
SPCX	Space Exploration Technologies Corp	10,000	$1,708,600
STRZ	Starz Entertainment Corp	56,195	$1,621,787
BE	Bloom Energy Corp	5,000	$1,513,500
CRDO	Credo Technology Group Holding Ltd	5,000	$1,359,750
INTC	Intel Corp	8,220	$1,147,758
REAL	TheRealReal, Inc.	82,719	$975,257
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
BIRK	Birkenstock Holding plc	304,339	$10,904,466
YETI	YETI Holdings, Inc.	254,953	$9,328,730
AD	Array Digital Infrastructure, Inc.	160,434	$7,402,424
HNGE	Hinge Health, Inc.	117,162	$4,517,766
TPB	Turning Point Brands, Inc.	48,527	$4,211,658
AKAM	Akamai Technologies Inc	20,000	$2,297,000
SOLS	Solstice Advanced Materials Inc.	21,802	$1,660,440
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

43 tracked positions · $179,940,012 total · filing declares 47 positions · $179,947,588 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
STX	Seagate Technology Holdings plc PUT + SHARES Technology	Reduced	18,217	-10,123	$17,579,405	+58.3%	5	$103.52	9.77%
GLW	Corning Inc PUT + SHARES Technology	Reduced	62,177	-3,543	$15,881,871	+77.7%	2	$120.60	8.83%
GMTL	Guardian Metal Resources PLC Basic Materials	Added	629,393	+269,886	$8,817,795	+40.3%	2	unpriced	4.90%
GEV	GE Vernova Inc. Industrials	Reduced	7,085	-2,000	$8,323,883	+5.0%	10	unpriced	4.63%
CCXI	Churchill Capital Corp XI Financial Services	NEW	450,550	NEW	$7,862,097	NEW	1	$10.65	4.37%
AMBA	Ambarella Inc Technology	NEW	86,595	NEW	$7,429,851	NEW	1	$68.81	4.13%
HIMS	Hims & Hers Health, Inc. Healthcare	NEW	212,944	NEW	$7,382,768	NEW	1	$26.84	4.10%
AEIS	Advanced Energy Industries Inc Industrials	NEW	18,592	NEW	$6,932,399	NEW	1	$349.69	3.85%
BL	Blackline, Inc. Technology	Reduced	238,590	-182,559	$6,697,221	−57.0%	3	$53.64	3.72%
NOK	Nokia Corp Technology	Reduced	473,240	-465,825	$6,284,627	−16.8%	2	$7.34	3.49%
AMRZ	Amrize Ltd Basic Materials	Reduced	115,595	-51,763	$6,161,213	−34.3%	5	unpriced	3.42%
TAC	Transalta Corp Utilities	Reduced	439,186	-351,187	$6,073,942	−41.3%	8	$10.73	3.38%
GFS	GLOBALFOUNDRIES Inc. Technology	NEW	61,056	NEW	$5,031,624	NEW	1	$69.88	2.80%
BSTZ	BlackRock Science & Technology Term Trust Financial Services	NEW	167,198	NEW	$5,020,955	NEW	1	$27.61	2.79%
ATEX	Anterix Inc. Communication Services	Reduced	46,525	-183,036	$4,789,283	−45.4%	2	$31.64	2.66%
BILL	BILL Holdings, Inc. Technology	Reduced	117,707	-53,653	$4,256,285	−35.1%	4	$46.44	2.37%
ENPH	Enphase Energy, Inc. Technology	NEW	85,840	NEW	$4,226,761	NEW	1	$45.55	2.35%
GLXY	Galaxy Digital Inc. Financial Services	NEW	151,904	NEW	$4,153,055	NEW	1	$27.84	2.31%
TLN	Talen Energy Corp Utilities	Held	10,418	0	$4,003,220	+20.4%	8	$202.30	2.22%
MPTI	M-tron Industries, Inc. Technology	Added	38,161	+6,360	$3,783,663	+78.0%	2	$66.45	2.10%
IE	Ivanhoe Electric Inc. Basic Materials	NEW	382,345	NEW	$3,674,335	NEW	1	$12.63	2.04%
TTWO	Take Two Interactive Software Inc Communication Services	NEW	12,000	NEW	$2,999,760	NEW	1	$220.65	1.67%
SPT	Sprout Social, Inc. Technology	Reduced	377,131	-179,475	$2,847,339	−10.3%	4	$11.31	1.58%
NN	Nextnav Inc. Technology	NEW	145,000	NEW	$2,585,350	NEW	1	$19.34	1.44%
WEAV	Weave Communications, Inc. Healthcare	Reduced	422,415	-196,977	$2,530,265	−11.6%	3	$6.64	1.41%
MWH	SOLV Energy, Inc. Utilities	NEW	65,941	NEW	$2,245,291	NEW	1	$36.26	1.25%
LGN	Legence Corp. Industrials	Held	25,059	0	$2,135,778	+51.0%	4	unpriced	1.19%
CROX	Crocs, Inc. Consumer Cyclical	Reduced	17,038	-83,952	$2,055,464	−75.5%	2	$85.65	1.14%
NXDR	Nextdoor Holdings, Inc. Communication Services	Reduced	897,718	-1,044,899	$2,037,819	−25.1%	4	$1.94	1.13%
GLNG	Golar Lng Ltd Energy	NEW	40,000	NEW	$1,993,600	NEW	1	$52.87	1.11%
KEEL	Keel Infrastructure Corp. Technology	NEW	300,000	NEW	$1,722,000	NEW	1	$4.29	0.96%
SPCX	Space Exploration Technologies Corp Industrials	NEW	10,000	NEW	$1,708,600	NEW	1	unpriced	0.95%
CMRC	Commerce.com, Inc. Technology	Reduced	562,424	-186,238	$1,664,775	−16.7%	10	$7.42	0.93%
STRZ	Starz Entertainment Corp Communication Services	NEW	56,195	NEW	$1,621,787	NEW	1	$21.79	0.90%
BE	Bloom Energy Corp Industrials	NEW	5,000	NEW	$1,513,500	NEW	1	$256.21	0.84%
CRDO	Credo Technology Group Holding Ltd Technology	NEW	5,000	NEW	$1,359,750	NEW	1	$197.59	0.76%
INTC	Intel Corp Technology	NEW	8,220	NEW	$1,147,758	NEW	1	$101.12	0.64%
REAL	TheRealReal, Inc. Consumer Cyclical	NEW	82,719	NEW	$975,257	NEW	1	$10.66	0.54%
FRSH	Freshworks Inc. Technology	Held	64,630	0	$654,055	+26.0%	4	$13.46	0.36%
BLND	Blend Labs, Inc. Technology	Reduced	379,274	-170,428	$648,558	−30.6%	3	$3.19	0.36%
ZVIA	Zevia PBC Consumer Defensive	Reduced	315,181	-1,427,850	$513,745	−74.8%	2	$1.59	0.29%
BMM	Blue Moon Metals Inc. Basic Materials	Held	78,349	0	$500,650	−2.3%	2	$4.86	0.28%
META	Meta Platforms, Inc. Communication Services	Reduced	200	-18	$112,658	−9.7%	3	$667.77	0.06%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.