Greenhaven Road Capital
Scott MillerGREENWICH, CTfiles as Greenhaven Road Investment Management, L.P.
$154m in 17 US stocks at the end of 30 June 2026. The top 10 are 91.6% of the money. It changed about 20.6% of the portfolio this quarter.
Value
$154m
Stocks
17
Top 10 share
91.6%
Turnover
20.6%
What changed this quarter
New
Bought for the first time this quarter.
- AnaptysbioANAB7.5% of the fund
- Compass Diversified HoldingsCODI4.6% of the fund
- AppLovinAPP1.6% of the fund
- PRO DEXPDEX0.1% of the fund
Added
Bought more of a stock they already held.
- Burford CapitalBUR8.1% of the fund+42%
- KKRKKR6.8% of the fund+7%
- NextnavNN5.1% of the fund+26%
- Zoom CommunicationsZM1.9% of the fund+33%
Cut
Sold some of their stake.
- HagertyHGTY14.4% of the fund-21%
- Cellebrite DICLBT11.9% of the fund-18%
- KingswayKWY11.5% of the fund-8%
- Lifecore BiomedicalLFCR10.9% of the fund-10%
- AST SpaceMobileASTS6.2% of the fund-52%
- Matrix ServiceMTRX0.1% of the fund-7%
Sold out
Sold their entire stake.
- AllotALLT-100%
- MerlinMRLN-100%
- Listed FDS TRINFL-100%
- Perma FIX Environmental ServicesPESI-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| HagertyHGTY | 14.4% | $22m | 1,865,430 | -21% |
| Cellebrite DICLBT | 11.9% | $18m | 1,260,039 | -18% |
| KingswayKWY | 11.5% | $18m | 1,696,149 | -8% |
| Lifecore BiomedicalLFCR | 10.9% | $17m | 3,190,769 | -10% |
| PAR TechnologyPAR | 9.2% | $14m | 817,888 | Held |
| Burford CapitalBUR | 8.1% | $12m | 3,042,947 | +42% |
| AnaptysbioANAB | 7.5% | $12m | 171,059 | New |
| KKRKKR | 6.8% | $10m | 114,051 | +7% |
| AST SpaceMobileASTS | 6.2% | $10m | 107,294 | -52% |
| NextnavNN | 5.1% | $8m | 439,463 | +26% |
| Compass Diversified HoldingsCODI | 4.6% | $7m | 657,596 | New |
| Zoom CommunicationsZM | 1.9% | $3m | 33,141 | +33% |
| AppLovinAPP | 1.6% | $2m | 4,810 | New |
| PRO DEXPDEX | 0.1% | $209,902 | 3,585 | New |
| Matrix ServiceMTRX | 0.1% | $177,374 | 12,947 | -7% |
| Research SolutionsRSSS | <0.1% | $89,267 | 38,477 | Held |
| Quest Resource HoldingQRHC | <0.1% | $39,643 | 31,463 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 45.9% since 30 June 2025.
Where the money is
Financial services40.8%
Technology23.1%
Health care18.5%
Media & telecom7.8%
Industrials5.2%
Retail & consumer4.6%
Utilities0.0%
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.