Toronado Partners, LLC

CIK

1749611

Location

SAN FRANCISCO, CA

Portfolio Value

Micro $53,003,437

Diversification

Diversified

Filing Date

Global Rank

#6,774 / 8,622 ▼ 997 · as of Mar 2026

Top Industry

Semiconductors 25.2%

3Y Alpha vs SPY

+8.0%

Period ended 4 months ago

Filed May 13, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+105.5%

SPY

+67.9%

Annualised alpha

+8.3%

Max drawdown

−36.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

13.6%

−0.6 pts

Top 5

61.3%

+5.7 pts

Top 10

99.0%

+4.5 pts

HHI

1,062

Diversified+96

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	84.8%	$44,927,841	9
Communication Services	8.6%	$4,580,110	1
Industrials	6.6%	$3,495,486	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
WIX	Wix.com Ltd.	+19,624	74,924	$6,748,404
EVER	EverQuote, Inc.	+6,475	297,024	$4,580,110
PI	Impinj Inc	+1,432	70,207	$7,210,258
No positions match the current search.

Trimmed

Positions the filer reduced

6 positions

Ticker	Company	Δ Shares	Shares	Value
AMPL	Amplitude, Inc.	−456,750	318,823	$2,174,372
HLIT	Harmonic Inc.	−443,625	565,065	$5,074,283
TWLO	Twilio Inc	−67,664	36,999	$4,655,214
ESTC	Elastic N.V.	−19,000	122,548	$6,126,174
SITM	SITIME Corp	−13,860	16,242	$5,609,174
FN	Fabrinet	−4,646	13,021	$6,790,711
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
KRNT	Kornit Digital Ltd.	238,437	$3,495,486
AMBQ	Ambiq Micro, Inc.	21,222	$539,251
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
TRIP	TripAdvisor, Inc.	576,715	$8,396,970
STUB	StubHub Holdings, Inc.	555,710	$7,518,756
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

11 tracked positions · $53,003,437 total · filing declares 11 positions · $53,003,444 · as of Mar 31, 2026

All sectors Communication Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
PI	Impinj Inc Technology	Added	70,207	+1,432	$7,210,258	−39.8%	13.60%
FN	Fabrinet Technology	Reduced	13,021	-4,646	$6,790,711	−15.6%	12.81%
WIX	Wix.com Ltd. Technology	Added	74,924	+19,624	$6,748,404	+17.5%	12.73%
ESTC	Elastic N.V. Technology	Reduced	122,548	-19,000	$6,126,174	−42.6%	11.56%
SITM	SITIME Corp Technology	Reduced	16,242	-13,860	$5,609,174	−47.2%	10.58%
HLIT	Harmonic Inc. Technology	Reduced	565,065	-443,625	$5,074,283	−49.1%	9.57%
TWLO	Twilio Inc Technology	Reduced	36,999	-67,664	$4,655,214	−68.7%	8.78%
EVER	EverQuote, Inc. Communication Services	Added	297,024	+6,475	$4,580,110	−41.6%	8.64%
KRNT	Kornit Digital Ltd. Industrials	NEW	238,437	NEW	$3,495,486	NEW	6.59%
AMPL	Amplitude, Inc. Technology	Reduced	318,823	-456,750	$2,174,372	−75.8%	4.10%
AMBQ	Ambiq Micro, Inc. Technology	NEW	21,222	NEW	$539,251	NEW	1.02%

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.