Ararat Capital Management LP
Filing Date
Global Rank
#4,453
/ 8,603
▲ 76
· as of Mar 2026
Top Industry
Software - Infrastructure
20.2%
3Y Alpha vs SPY
-9.1%
Period ended 3 months ago
Filed May 15, 2026 · 55d
22 quarters · since Dec 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+34.9%
SPY
+76.5%
Annualised alpha
-10.4%
Max drawdown
−25.1%
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
15 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top 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 |
|---|---|---|
| Consumer Cyclical | 43.4% | $77,052,853 |
| Technology | 20.2% | $35,957,731 |
| Consumer Defensive | 15.2% | $27,060,777 |
| Financial Services | 11.1% | $19,692,482 |
| Industrials | 7.0% | $12,441,516 |
| Healthcare | 3.0% | $5,409,184 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
10 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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
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. | ||||
15 positions ·
$177,614,543 total
· as of Mar 31, 2026
All sectors
Consumer Cyclical
Consumer Defensive
Financial Services
Healthcare
Industrials
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BY |
Byline Bancorp, Inc.
Financial Services
|
Reduced | 623,772 | $19,692,482 | 11.09% | |
| EWCZ |
European Wax Center, Inc.
Consumer Defensive
|
Reduced | 3,102,117 | $17,930,236 | 10.10% | |
| FLYW |
Flywire Corp
Technology
|
Added | 1,444,784 | $16,817,285 | 9.47% | |
| RELY |
Remitly Global, Inc.
Technology
|
Added | 1,014,991 | $15,904,908 | 8.95% | |
| EYE |
National Vision Holdings, Inc.
Consumer Cyclical
|
Added | 567,143 | $14,689,003 | 8.27% | |
| GIL |
Gildan Activewear Inc.
Consumer Cyclical
|
Added | 246,077 | $13,694,185 | 7.71% | |
| PLOW |
Douglas Dynamics, Inc
Consumer Cyclical
|
Reduced | 321,761 | $13,542,920 | 7.62% | |
| CARG |
CarGurus, Inc.
Consumer Cyclical
|
Added | 383,853 | $13,070,194 | 7.36% | |
| GLBE |
Global-E Online Ltd.
Consumer Cyclical
|
Added | 420,741 | $12,979,859 | 7.31% | |
| LZ |
Legalzoom.Com, Inc.
Industrials
|
Added | 2,194,271 | $12,441,516 | 7.00% | |
| USFD |
US Foods Holding Corp.
Consumer Defensive
|
Added | 99,019 | $9,130,541 | 5.14% | |
| FNKO |
Funko, Inc.
Consumer Cyclical
|
Added | 2,514,703 | $7,921,314 | 4.46% | |
| ITGR |
Integer Holdings Corp
Healthcare
|
NEW | 61,468 | $5,409,184 | 3.05% | |
| GDDY |
GoDaddy Inc.
Technology
|
Reduced | 39,138 | $3,235,538 | 1.82% | |
| DRVN |
Driven Brands Holdings Inc.
Consumer Cyclical
|
Reduced | 91,624 | $1,155,378 | 0.65% |