Harspring Capital Management, LLC

CIK

1652327

Location

NEW YORK, NY

Portfolio Value

Small $169,260,801

Diversification

Diversified

Filing Date

Global Rank

#4,564 / 8,603 ▼ 616 · as of Mar 2026

Top Industry

Internet Content & Information 19.2%

3Y Alpha vs SPY

-10.3%

Period ended 3 months ago

Filed May 13, 2026 · 57d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+35.6%

SPY

+76.5%

Annualised alpha

-10.2%

Max drawdown

−29.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

12 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

15.5%

+0.7 pts

Top 5

64.3%

−1.1 pts

Top 10

96.6%

−0.5 pts

HHI

1,055

Diversified−17

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Communication Services	38.4%	$64,994,185	5
Consumer Defensive	22.0%	$37,291,916	2
Consumer Cyclical	20.0%	$33,859,600	3
Financial Services	19.6%	$33,115,100	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
DAR	Darling Ingredients Inc.	−490,000	425,000	$26,286,250
CCOI	Cogent Communications Holdings, Inc.	−315,500	1,087,000	$20,479,080
HAPN	Happen, Inc.	−160,000	700,000	$10,024,000
NWSA	News Corp	−121,500	480,000	$11,966,400
PPLI	People Inc	−70,000	245,000	$9,807,350
ENVA	Enova International, Inc.	−55,500	170,000	$23,091,100
TPB	Turning Point Brands, Inc.	−54,692	126,808	$11,005,666
RUSHA	Rush Enterprises Inc \Tx\	−45,000	180,000	$11,899,800
AMZN	Amazon Com Inc	−29,200	95,000	$19,785,650
LGIH	LGI Homes, Inc.	−14,500	55,000	$2,174,150
META	Meta Platforms, Inc.	−11,000	33,500	$19,166,355
DIBS	1stdibs.com, Inc.	−10,000	650,000	$3,575,000
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

12 positions · $169,260,801 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Financial Services

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
DAR	Darling Ingredients Inc. Consumer Defensive	Reduced	425,000	-490,000	$26,286,250	−20.2%	15.53%
ENVA	Enova International, Inc. Financial Services	Reduced	170,000	-55,500	$23,091,100	−34.9%	13.64%
CCOI	Cogent Communications Holdings, Inc. Communication Services	Reduced	1,087,000	-315,500	$20,479,080	−32.3%	12.10%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	95,000	-29,200	$19,785,650	−31.0%	11.69%
META	Meta Platforms, Inc. Communication Services	Reduced	33,500	-11,000	$19,166,355	−34.8%	11.32%
NWSA	News Corp Communication Services	Reduced	480,000	-121,500	$11,966,400	−23.8%	7.07%
RUSHA	Rush Enterprises Inc \Tx\ Consumer Cyclical	Reduced	180,000	-45,000	$11,899,800	−2.0%	7.03%
TPB	Turning Point Brands, Inc. Consumer Defensive	Reduced	126,808	-54,692	$11,005,666	−44.1%	6.50%
HAPN	Happen, Inc. Financial Services	Reduced	700,000	-160,000	$10,024,000	−38.5%	5.92%
PPLI	People Inc Communication Services	Reduced	245,000	-70,000	$9,807,350	−20.4%	5.79%
DIBS	1stdibs.com, Inc. Communication Services	Reduced	650,000	-10,000	$3,575,000	−9.6%	2.11%
LGIH	LGI Homes, Inc. Consumer Cyclical	Reduced	55,000	-14,500	$2,174,150	−27.2%	1.28%