Pillsbury Lake Capital LLC
CIK
2111915
Location
SAN FRANCISCO, CA
Portfolio Value
Small
$214,947,431
Diversification
Diversified
Filing Date
Global Rank
#4,047
/ 8,622
▼ 143
· as of Mar 2026
Top Industry
Education & Training Services
10.9%
3Y Alpha vs SPY
-7.3%
Period ended 4 months ago
Filed May 14, 2026 · 3mo
2 quarters · since Dec 2025
Clone Performance
Feb 2026–Jul 2026 · vs SPYHypothetical 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
+9.0%
SPY
+9.0%
Annualised alpha
+0.1%
Max drawdown
−14.2%
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 2 quarters. Past performance does not predict future results.
Portfolio Concentration
29 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
7.2%
+0.1 pts
Top 5
31.1%
−0.0 pts
Top 10
53.9%
−1.0 pts
HHI
441
Diversified−3
Portfolio Trend
2 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 30.3% | $65,087,329 |
| Consumer Defensive | 20.2% | $43,526,640 |
| Healthcare | 17.4% | $37,498,544 |
| Technology | 14.3% | $30,692,812 |
| Industrials | 9.6% | $20,635,799 |
| Real Estate | 5.4% | $11,713,024 |
| Communication Services | 2.3% | $4,855,869 |
| Financial Services | 0.4% | $937,414 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
11 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CRON | Cronos Group Inc. | +2,384,001 | 4,223,004 | $10,599,740 | |
| SRTA | Strata Critical Medical, Inc. | +625,544 | 2,603,796 | $10,883,867 | |
| COMP | Compass, Inc. | +270,216 | 1,602,329 | $11,713,024 | |
| BLZE | Backblaze, Inc. | +232,151 | 1,961,283 | $6,766,426 | |
| BBW | Build-A-Bear Workshop Inc | +119,768 | 330,102 | $12,362,319 | |
| BGSI | Boyd Group Services Inc. | +18,307 | 98,256 | $12,563,012 | |
| BV | BrightView Holdings, Inc. | +16,777 | 506,750 | $5,974,582 | |
| HNI | Hni Corp | +9,919 | 221,201 | $7,385,901 | |
| TPB | Turning Point Brands, Inc. | +9,817 | 170,058 | $14,759,333 | |
| CBNA | Chain Bridge Bancorp Inc | +8,574 | 26,860 | $937,414 | |
| CLH | Clean Harbors Inc | +364 | 22,917 | $6,570,991 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
9 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| GPGI | GPGI, Inc. | −507,372 | 108,755 | $1,859,710 | |
| INVE | Identiv, Inc. | −453,643 | 491,657 | $1,819,130 | |
| LUXE | LuxExperience B.V. | −332,700 | 1,176,568 | $9,412,544 | |
| LINC | Lincoln Educational Services Corp | −324,540 | 380,568 | $15,481,506 | |
| CRTO | Criteo S.A. | −246,981 | 213,261 | $3,823,769 | |
| MAMA | Mama's Creations, Inc. | −144,596 | 348,588 | $5,347,339 | |
| PDFS | Pdf Solutions Inc | −105,401 | 270,668 | $8,853,550 | |
| KRUS | Kura Sushi USA, Inc. | −35,013 | 118,561 | $8,274,372 | |
| CVCO | Cavco Industries, Inc. | −9,772 | 15,774 | $7,639,190 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
9 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| ETON | Eton Pharmaceuticals, Inc. | 364,954 | $9,007,064 | |
| FLYW | Flywire Corp | 771,376 | $8,978,816 | |
| UTI | Universal Technical Institute Inc | 219,902 | $7,938,462 | |
| LMRI | Lumexa Imaging Holdings, Inc. | 814,869 | $7,007,873 | |
| CROX | Crocs, Inc. | 79,828 | $6,627,320 | |
| WLTH | Wealthfront Corp | 658,813 | $6,094,020 | |
| LMB | Limbach Holdings, Inc. | 56,520 | $4,411,386 | |
| NBIS | Nebius Group N.V. | 9,947 | $1,032,100 | |
| FLXS | Flexsteel Industries Inc | 18,306 | $822,671 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
9 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| NATL | NCR Atleos Corp | 268,088 | $10,216,833 | |
| MGNI | Magnite, Inc. | 583,644 | $9,472,542 | |
| KRC | Kilroy Realty Corp | 223,788 | $8,362,957 | |
| ASR | Southeast Airport Group | 20,045 | $6,482,553 | |
| KSPI | Joint Stock Co Kaspi.kz | 81,123 | $6,338,139 | |
| PINS | Pinterest, Inc. | 138,205 | $3,578,127 | |
| BXSL | Blackstone Secured Lending Fund | 100,679 | $2,650,878 | |
| NXDR | Nextdoor Holdings, Inc. | 1,150,000 | $2,415,000 | |
| AEYE | Audioeye Inc | 21,164 | $211,428 | |
| No positions match the current search. | ||||
29 tracked positions ·
$214,947,431 total
· as of Mar 31, 2026
All sectors
Communication Services
Consumer Cyclical
Consumer Defensive
Financial Services
Healthcare
Industrials
Real Estate
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| LINC |
Lincoln Educational Services Corp
Consumer Defensive
|
Reduced | 380,568 | $15,481,506 | 7.20% | |
| TPB |
Turning Point Brands, Inc.
Consumer Defensive
|
Added | 170,058 | $14,759,333 | 6.87% | |
| BGSI |
Boyd Group Services Inc.
Consumer Cyclical
|
Added | 98,256 | $12,563,012 | 5.84% | |
| BBW |
Build-A-Bear Workshop Inc
Consumer Cyclical
|
Added | 330,102 | $12,362,319 | 5.75% | |
| COMP |
Compass, Inc.
Real Estate
|
Added | 1,602,329 | $11,713,024 | 5.45% | |
| SRTA |
Strata Critical Medical, Inc.
Healthcare
|
Added | 2,603,796 | $10,883,867 | 5.06% | |
| CRON |
Cronos Group Inc.
Healthcare
|
Added | 4,223,004 | $10,599,740 | 4.93% | |
| LUXE |
LuxExperience B.V.
Consumer Cyclical
|
Reduced | 1,176,568 | $9,412,544 | 4.38% | |
| ETON |
Eton Pharmaceuticals, Inc.
Healthcare
|
NEW | 364,954 | $9,007,064 | 4.19% | |
| FLYW |
Flywire Corp
Technology
|
NEW | 771,376 | $8,978,816 | 4.18% | |
| PDFS |
Pdf Solutions Inc
Technology
|
Reduced | 270,668 | $8,853,550 | 4.12% | |
| KRUS |
Kura Sushi USA, Inc.
Consumer Cyclical
|
Reduced | 118,561 | $8,274,372 | 3.85% | |
| UTI |
Universal Technical Institute Inc
Consumer Defensive
|
NEW | 219,902 | $7,938,462 | 3.69% | |
| CVCO |
Cavco Industries, Inc.
Consumer Cyclical
|
Reduced | 15,774 | $7,639,190 | 3.55% | |
| HNI |
Hni Corp
Consumer Cyclical
|
Added | 221,201 | $7,385,901 | 3.44% | |
| LMRI |
Lumexa Imaging Holdings, Inc.
Healthcare
|
NEW | 814,869 | $7,007,873 | 3.26% | |
| BLZE |
Backblaze, Inc.
Technology
|
Added | 1,961,283 | $6,766,426 | 3.15% | |
| CROX |
Crocs, Inc.
Consumer Cyclical
|
NEW | 79,828 | $6,627,320 | 3.08% | |
| CLH |
Clean Harbors Inc
Industrials
|
Added | 22,917 | $6,570,991 | 3.06% | |
| WLTH |
Wealthfront Corp
Technology
|
NEW | 658,813 | $6,094,020 | 2.84% | |
| BV |
BrightView Holdings, Inc.
Industrials
|
Added | 506,750 | $5,974,582 | 2.78% | |
| MAMA |
Mama's Creations, Inc.
Consumer Defensive
|
Reduced | 348,588 | $5,347,339 | 2.49% | |
| LMB |
Limbach Holdings, Inc.
Industrials
|
NEW | 56,520 | $4,411,386 | 2.05% | |
| CRTO |
Criteo S.A.
Communication Services
|
Reduced | 213,261 | $3,823,769 | 1.78% | |
| GPGI |
GPGI, Inc.
Industrials
|
Reduced | 108,755 | $1,859,710 | 0.87% | |
| INVE |
Identiv, Inc.
Industrials
|
Reduced | 491,657 | $1,819,130 | 0.85% | |
| NBIS |
Nebius Group N.V.
Communication Services
|
NEW | 9,947 | $1,032,100 | 0.48% | |
| CBNA |
Chain Bridge Bancorp Inc
Financial Services
|
Added | 26,860 | $937,414 | 0.44% | |
| FLXS |
Flexsteel Industries Inc
Consumer Cyclical
|
NEW | 18,306 | $822,671 | 0.38% |
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.