Fund 1 Investments
RINCON, PRfiles as Fund 1 Investments, LLC
$569m in 45 US stocks at the end of 30 June 2026. The top 10 are 65.1% of the money. It changed about 46.3% of the portfolio this quarter.
Value
$569m
Stocks
45
Top 10 share
65.1%
Turnover
46.3%
What changed this quarter
New
Bought for the first time this quarter.
- Grocery Outlet HoldingGO4.8% of the fund
- TTM TechnologiesTTMI2.4% of the fund
- Five BelowFIVE2.3% of the fund
- Advance Auto PartsAAP2.3% of the fund
- Xponential FitnessXPOF2.2% of the fund
- Sirius XM HoldingsSIRI1.8% of the fund
- VistraVST1.1% of the fund
- National Vision HoldingsEYE0.9% of the fund
- AMC Entertainment HoldingsAMC0.7% of the fund
- BlacklineBL0.6% of the fund
- Levi StraussLEVI0.6% of the fund
- CarvanaCVNA0.5% of the fund
- CompassCOMP0.5% of the fund
- Blackstone Digital Infrastructure TrustBXDC0.5% of the fund
- Eldorado GoldEGO0.5% of the fund
- Fossil GroupFOSL0.4% of the fund
- TheRealRealREAL0.3% of the fund
- Academy Sports & OutdoorsASO0.2% of the fund
- Under ArmourUA0.2% of the fund
- James Hardie IndustriesJHX0.2% of the fund
- Boost RunBRUN0.2% of the fund
- HCA HealthcareHCA0.2% of the fund
- Shake ShackSHAK0.1% of the fund
- Rocket CompaniesRKT0.1% of the fund
Added
Bought more of a stock they already held.
- ProPetro HoldingPUMP4.5% of the fund+2654%
- J.JillJILL3.7% of the fund+97%
- GenescoGCO3.6% of the fund+43%
- NvidiaNVDA2.1% of the fund+161%
Cut
Sold some of their stake.
- Citi TrendsCTRN18.5% of the fund-29%
- Jumia Technologies AGJMIA11.5% of the fund-25%
- AppLovinAPP3.7% of the fund-17%
- Celsius HoldingsCELH3.1% of the fund-61%
- RedditRDDT2.6% of the fund-74%
- 1-800-Flowers.comFLWS2.2% of the fund-34%
- Amazon.comAMZN2.1% of the fund-66%
- SeaSE1.3% of the fund-57%
- WW InternationalWW1.2% of the fund-46%
- Bath & Body WorksBBWI0.3% of the fund-94%
- CoupangCPNG0.3% of the fund-94%
- Vera BradleyVRA<0.1% of the fund-87%
Sold out
Sold their entire stake.
- V FVFC-100%
- EnviriNVRI-100%
- Steven MaddenSHOO-100%
- Golar LNGGLNG-100%
- ArriVent BioPharmaAVBP-100%
- Talen EnergyTLN-100%
- BJs RESTAURANTSBJRI-100%
- DavitaDVA-100%
- Advanced Micro DevicesAMD-100%
- Stitch FixSFIX-100%
- Ross StoresROST-100%
- CrocsCROX-100%
- Ethan Allen InteriorsETD-100%
- El Pollo Loco HoldingsLOCO-100%
- DaveDAVE-100%
- Dave & Buster's EntertainmentPLAY-100%
- Americold Realty TrustCOLD-100%
- Unity SoftwareU-100%
- IconICLR-100%
- S&P GlobalSPGI-100%
- Chipotle Mexican GrillCMG-100%
- DraftKingsDKNG-100%
- Capri HoldingsCPRI-100%
- Micron TechnologyMU-100%
- CVS HealthCVS-100%
Holdings
- Jumia Technologies AGJMIA
- Share
- 11.5%
- Value
- $65m
- Shares
- 9,262,377
-25%
- SeaSE
- Share
- 1.3%
- Value
- $7m
- Shares
- 75,000
-57%
- Blackstone Digital Infrastructure TrustBXDC
- Share
- 0.5%
- Value
- $3m
- Shares
- 126,250
New
- Eldorado GoldEGO
- Share
- 0.5%
- Value
- $3m
- Shares
- 82,900
New
- BaiduBIDU
- Share
- 0.2%
- Value
- $1m
- Shares
- 10,000
Held
- Boost RunBRUN
- Share
- 0.2%
- Value
- $1m
- Shares
- 25,898
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Citi TrendsCTRN | 18.5% | $105m | 1,823,486 | -29% |
| Jumia Technologies AGJMIA | 11.5% | $65m | 9,262,377 | -25% |
| Tilly'sTLYS | 5.9% | $34m | 8,058,268 | Held |
| FunkoFNKO | 5.5% | $31m | 5,284,552 | Held |
| Grocery Outlet HoldingGO | 4.8% | $27m | 2,732,505 | New |
| ProPetro HoldingPUMP | 4.5% | $26m | 1,793,882 | +2654% |
| AppLovinAPP | 3.7% | $21m | 41,250 | -17% |
| J.JillJILL | 3.7% | $21m | 1,328,949 | +97% |
| GenescoGCO | 3.6% | $21m | 609,963 | +43% |
| Torrid HoldingsCURV | 3.2% | $18m | 9,847,478 | Held |
| Celsius HoldingsCELH | 3.1% | $18m | 606,508 | -61% |
| RedditRDDT | 2.6% | $15m | 83,650 | -74% |
| TTM TechnologiesTTMI | 2.4% | $14m | 72,933 | New |
| Five BelowFIVE | 2.3% | $13m | 72,621 | New |
| Advance Auto PartsAAP | 2.3% | $13m | 208,924 | New |
| Xponential FitnessXPOF | 2.2% | $13m | 1,808,068 | New |
| 1-800-Flowers.comFLWS | 2.2% | $12m | 3,553,230 | -34% |
| NvidiaNVDA | 2.1% | $12m | 60,000 | +161% |
| Amazon.comAMZN | 2.1% | $12m | 50,000 | -66% |
| Sirius XM HoldingsSIRI | 1.8% | $10m | 349,173 | New |
| SeaSE | 1.3% | $7m | 75,000 | -57% |
| WW InternationalWW | 1.2% | $7m | 422,467 | -46% |
| VistraVST | 1.1% | $7m | 41,200 | New |
| National Vision HoldingsEYE | 0.9% | $5m | 255,796 | New |
| AMC Entertainment HoldingsAMC | 0.7% | $4m | 2,206,321 | New |
| Destination XL GroupDXLG | 0.7% | $4m | 5,758,261 | Held |
| BlacklineBL | 0.6% | $4m | 125,000 | New |
| Levi StraussLEVI | 0.6% | $3m | 133,627 | New |
| CarvanaCVNA | 0.5% | $3m | 47,500 | New |
| CompassCOMP | 0.5% | $3m | 230,100 | New |
| Blackstone Digital Infrastructure TrustBXDC | 0.5% | $3m | 126,250 | New |
| Eldorado GoldEGO | 0.5% | $3m | 82,900 | New |
| Fossil GroupFOSL | 0.4% | $2m | 536,982 | New |
| Bath & Body WorksBBWI | 0.3% | $2m | 74,404 | -94% |
| TheRealRealREAL | 0.3% | $2m | 142,618 | New |
| CoupangCPNG | 0.3% | $2m | 95,777 | -94% |
| Academy Sports & OutdoorsASO | 0.2% | $1m | 30,000 | New |
| Under ArmourUA | 0.2% | $1m | 201,612 | New |
| BaiduBIDU | 0.2% | $1m | 10,000 | Held |
| James Hardie IndustriesJHX | 0.2% | $1m | 40,000 | New |
| Boost RunBRUN | 0.2% | $1m | 25,898 | New |
| HCA HealthcareHCA | 0.2% | $974,725 | 2,500 | New |
| Shake ShackSHAK | 0.1% | $840,300 | 15,000 | New |
| Rocket CompaniesRKT | 0.1% | $838,467 | 53,236 | New |
| Vera BradleyVRA | <0.1% | $400,277 | 102,899 | -87% |
Options (2)
- AppLovinAPP
- Type
- Call
- Value
- $26m
- Contracts
- 500,000
- Grocery Outlet HoldingGO
- Type
- Call
- Value
- $8m
- Contracts
- 8,500,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| AppLovinAPP | Call | $26m | 500,000 |
| Grocery Outlet HoldingGO | Call | $8m | 8,500,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 19.3% since 30 June 2025.
Where the money is
Retail & consumer56.1%
Media & telecom8.8%
Everyday goods7.9%
Technology5.3%
Energy4.5%
Utilities1.1%
Health care1.0%
Real estate1.0%
Materials0.6%
Industrials0.4%
Financial services0.1%
Other12.9%
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.