Ararat Capital Management LP

CIK

1768757

Location

WESTPORT, CT

Portfolio Value

Small $177,614,543

Diversification

Diversified

Filing Date

Global Rank

#4,478 / 8,623 ▲ 65 · as of Mar 2026

Top Industry

Software - Infrastructure 20.2%

3Y Alpha vs SPY

-11.7%

Period ended 4 months ago

Filed May 15, 2026 · 3mo

22 quarters · since Dec 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

+30.2%

SPY

+65.3%

Annualised alpha

-9.1%

Max drawdown

−25.1%

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

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

Top Position

11.1%

+0.6 pts

Top 5

47.9%

+1.6 pts

Top 10

84.9%

+6.5 pts

HHI

797

Diversified+73

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	43.4%	$77,052,853	7
Technology	20.2%	$35,957,731	3
Consumer Defensive	15.2%	$27,060,777	2
Financial Services	11.1%	$19,692,482	1
Industrials	7.0%	$12,441,516	1
Healthcare	3.0%	$5,409,184	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
FNKO	Funko, Inc.	+1,665,662	2,514,703	$7,921,314
EWCZ	European Wax Center, Inc.	+961,417	3,102,117	$17,930,236
FLYW	Flywire Corp	+551,934	1,444,784	$16,817,285
LZ	Legalzoom.Com, Inc.	+319,016	2,194,271	$12,441,516
RELY	Remitly Global, Inc.	+312,805	1,014,991	$15,904,908
GLBE	Global-E Online Ltd.	+102,115	420,741	$12,979,859
EYE	National Vision Holdings, Inc.	+84,880	567,143	$14,689,003
GIL	Gildan Activewear Inc.	+68,213	246,077	$13,694,185
CARG	CarGurus, Inc.	+52,884	383,853	$13,070,194
USFD	US Foods Holding Corp.	+30,579	99,019	$9,130,541
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
DRVN	Driven Brands Holdings Inc.	−1,178,365	91,624	$1,155,378
PLOW	Douglas Dynamics, Inc	−135,959	321,761	$13,542,920
BY	Byline Bancorp, Inc.	−27,424	623,772	$19,692,482
GDDY	GoDaddy Inc.	−1,921	39,138	$3,235,538
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
ITGR	Integer Holdings Corp	61,468	$5,409,184
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
SGI	Somnigroup International Inc.	106,002	$9,463,858
NCNO	nCino, Inc.	248,900	$6,381,796
KLC	KinderCare Learning Companies, Inc.	601,466	$2,598,333
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

15 tracked positions · $177,614,543 total · filing declares 15 positions · $177,614,551 · as of Mar 31, 2026

All sectors Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BY	Byline Bancorp, Inc. Financial Services	Reduced	623,772	-27,424	$19,692,482	+3.7%	11.09%
EWCZ	European Wax Center, Inc. Consumer Defensive	Reduced	3,102,117	-1,256,585	$17,930,236	+14.3%	10.10%
FLYW	Flywire Corp Technology	Added	1,444,784	+551,934	$16,817,285	+33.0%	9.47%
RELY	Remitly Global, Inc. Technology	Added	1,014,991	+312,805	$15,904,908	+64.1%	8.95%
EYE	National Vision Holdings, Inc. Consumer Cyclical	Added	567,143	+84,880	$14,689,003	+18.0%	8.27%
GIL	Gildan Activewear Inc. Consumer Cyclical	Added	246,077	+68,213	$13,694,185	+23.3%	7.71%
PLOW	Douglas Dynamics, Inc Consumer Cyclical	Reduced	321,761	-135,959	$13,542,920	−9.4%	7.62%
CARG	CarGurus, Inc. Consumer Cyclical	Added	383,853	+52,884	$13,070,194	+3.0%	7.36%
GLBE	Global-E Online Ltd. Consumer Cyclical	Added	420,741	+102,115	$12,979,859	+3.6%	7.31%
LZ	Legalzoom.Com, Inc. Industrials	Added	2,194,271	+319,016	$12,441,516	−33.2%	7.00%
USFD	US Foods Holding Corp. Consumer Defensive	Added	99,019	+30,579	$9,130,541	+77.1%	5.14%
FNKO	Funko, Inc. Consumer Cyclical	Added	2,514,703	+1,665,662	$7,921,314	+174.4%	4.46%
ITGR	Integer Holdings Corp Healthcare	NEW	61,468	NEW	$5,409,184	NEW	3.05%
GDDY	GoDaddy Inc. Technology	Reduced	39,138	-1,921	$3,235,538	−36.5%	1.82%
DRVN	Driven Brands Holdings Inc. Consumer Cyclical	Reduced	91,624	-1,178,365	$1,155,378	−93.9%	0.65%

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.