Divisar Capital Management
SAN FRANCISCO, CAfiles as Divisar Capital Management LLC
$434m in 28 US stocks at the end of 30 June 2026. The top 10 are 60.9% of the money. It changed about 10.5% of the portfolio this quarter.
Value
$434m
Stocks
28
Top 10 share
60.9%
Turnover
10.5%
What changed this quarter
New
Bought for the first time this quarter.
- Callaway GolfCALY1.3% of the fund
- EverQuoteEVER0.5% of the fund
Added
Bought more of a stock they already held.
- PolarisPII8.3% of the fund+11%
- BOXBOX4.6% of the fund+17%
- VertexVERX4.3% of the fund+37%
- CalixCALX3.4% of the fund+16%
- Weave CommunicationsWEAV2.8% of the fund+10%
- GenthermTHRM1.8% of the fund+44%
- Oxford IndustriesOXM1.2% of the fund+632%
Cut
Sold some of their stake.
- Onto InnovationONTO10.0% of the fund-41%
- MKSMKSI6.4% of the fund-27%
- BrunswickBC5.6% of the fund-18%
- Kulicke & Soffa IndustriesKLIC5.6% of the fund-43%
- OrionOEC5.2% of the fund-5%
- Lumentum HoldingsLITE5.2% of the fund-26%
- Ultra Clean HoldingsUCTT5.1% of the fund-63%
- PDF SolutionsPDFS5.0% of the fund-51%
- RXORXO4.2% of the fund-37%
- MasterCraft Boat HoldingsMCFT4.0% of the fund-3%
- TTM TechnologiesTTMI4.0% of the fund-27%
- ADTRAN HoldingsADTN2.7% of the fund-52%
- Commerce.comCMRC2.1% of the fund-20%
- Dine Brands GlobalDIN1.4% of the fund-32%
- NlightLASR1.1% of the fund-19%
- Viavi SolutionsVIAV1.1% of the fund-27%
- Abercrombie & FitchANF0.9% of the fund-31%
Sold out
Sold their entire stake.
None this quarter.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Onto InnovationONTO | 10.0% | $43m | 114,253 | -41% |
| PolarisPII | 8.3% | $36m | 529,090 | +11% |
| MKSMKSI | 6.4% | $28m | 62,501 | -27% |
| BrunswickBC | 5.6% | $24m | 287,137 | -18% |
| Kulicke & Soffa IndustriesKLIC | 5.6% | $24m | 180,828 | -43% |
| OrionOEC | 5.2% | $22m | 3,384,750 | -5% |
| Lumentum HoldingsLITE | 5.2% | $22m | 26,123 | -26% |
| Ultra Clean HoldingsUCTT | 5.1% | $22m | 155,653 | -63% |
| PDF SolutionsPDFS | 5.0% | $22m | 307,879 | -51% |
| BOXBOX | 4.6% | $20m | 748,049 | +17% |
| VertexVERX | 4.3% | $19m | 1,640,895 | +37% |
| RXORXO | 4.2% | $18m | 662,525 | -37% |
| MasterCraft Boat HoldingsMCFT | 4.0% | $17m | 672,276 | -3% |
| TTM TechnologiesTTMI | 4.0% | $17m | 92,639 | -27% |
| CalixCALX | 3.4% | $15m | 395,163 | +16% |
| Weave CommunicationsWEAV | 2.8% | $12m | 2,023,606 | +10% |
| ADTRAN HoldingsADTN | 2.7% | $12m | 851,526 | -52% |
| Commerce.comCMRC | 2.1% | $9m | 3,142,845 | -20% |
| GenthermTHRM | 1.8% | $8m | 228,972 | +44% |
| Dine Brands GlobalDIN | 1.4% | $6m | 165,637 | -32% |
| Callaway GolfCALY | 1.3% | $6m | 298,282 | New |
| Oxford IndustriesOXM | 1.2% | $5m | 154,388 | +632% |
| ZumiezZUMZ | 1.2% | $5m | 289,102 | Held |
| NlightLASR | 1.1% | $5m | 71,446 | -19% |
| Viavi SolutionsVIAV | 1.1% | $5m | 96,353 | -27% |
| FabrinetFN | 1.0% | $4m | 7,570 | Held |
| Abercrombie & FitchANF | 0.9% | $4m | 44,308 | -31% |
| EverQuoteEVER | 0.5% | $2m | 90,000 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 0.4% since 30 June 2025.
Where the money is
Technology61.5%
Retail & consumer21.7%
Industrials8.2%
Materials5.2%
Media & telecom3.4%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.