Pillsbury Lake Capital
SAN FRANCISCO, CAfiles as Pillsbury Lake Capital LLC
$364m in 38 US stocks at the end of 30 June 2026. The top 10 are 42.7% of the money. It changed about 37.5% of the portfolio this quarter.
Value
$364m
Stocks
38
Top 10 share
42.7%
Turnover
37.5%
What changed this quarter
New
Bought for the first time this quarter.
- MSA SafetyMSA3.7% of the fund
- SLB LimitedSLB3.6% of the fund
- MasterCraft Boat HoldingsMCFT3.5% of the fund
- Knight-Swift Transportation HoldingsKNX3.0% of the fund
- CarGurusCARG2.8% of the fund
- Lifeway FoodsLWAY2.4% of the fund
- Global X FDSAIQ2.3% of the fund
- Corporacion America AirportsCAAP2.0% of the fund
- Resolute Holdings ManagementRHLD1.9% of the fund
- Solaris Energy InfrastructureSEI1.4% of the fund
- Mayville Engineering CompanyMEC1.4% of the fund
- MagniteMGNI1.1% of the fund
- SharonAI HoldingsSHAZ0.7% of the fund
- Mimedx GroupMDXG0.2% of the fund
- Galaxy DigitalGLXY<0.1% of the fund
Added
Bought more of a stock they already held.
- HNIHNI4.6% of the fund+87%
- Clean HarborsCLH4.1% of the fund+116%
- Eton PharmaceuticalsETON3.8% of the fund+6%
- Universal Technical InstituteUTI3.8% of the fund+46%
- Cavco IndustriesCVCO3.2% of the fund+19%
- Luxexperience BVLUXE3.0% of the fund+24%
- GpgiGPGI3.0% of the fund+526%
- Boyd Group ServicesBGSI2.9% of the fund+13%
- Build-A-Bear WorkshopBBW2.9% of the fund+3%
- Kura Sushi USAKRUS2.8% of the fund+49%
- WealthfrontWLTH2.5% of the fund+56%
- Listed FDS TRINFL1.6% of the fund+36%
Cut
Sold some of their stake.
- BackblazeBLZE5.8% of the fund-32%
- CompassCOMP4.9% of the fund-9%
- Lincoln Educational ServicesLINC4.9% of the fund-6%
- Strata Critical MedicalSRTA3.1% of the fund-17%
- Turning Point BrandsTPB2.9% of the fund-26%
- CrocsCROX2.5% of the fund-5%
- PDF SolutionsPDFS2.3% of the fund-56%
- FlywireFLYW2.3% of the fund-39%
- Cronos GroupCRON0.6% of the fund-81%
- Mama's CreationsMAMA0.4% of the fund-74%
Sold out
Sold their entire stake.
- Lumexa Imaging HoldingsLMRI-100%
- Limbach HoldingsLMB-100%
- CriteoCRTO-100%
- INVE TechnologiesINVE-100%
- Spdr Series TrustXOP-100%
- Nebius GroupNBIS-100%
- Chain Bridge BancorpCBNA-100%
- Flexsteel IndustriesFLXS-100%
Holdings
- Luxexperience BVLUXE
- Share
- 3.0%
- Value
- $11m
- Shares
- 1,462,815
+24%
- Boyd Group ServicesBGSI
- Share
- 2.9%
- Value
- $10m
- Shares
- 110,928
+13%
- Global X FDSAIQ
- Share
- 2.3%
- Value
- $8m
- Shares
- 127,765
New
- Listed FDS TRINFL
- Share
- 1.6%
- Value
- $6m
- Shares
- 176,270
+36%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| BackblazeBLZE | 5.8% | $21m | 1,339,837 | -32% |
| CompassCOMP | 4.9% | $18m | 1,459,233 | -9% |
| Lincoln Educational ServicesLINC | 4.9% | $18m | 356,187 | -6% |
| HNIHNI | 4.6% | $17m | 412,808 | +87% |
| Clean HarborsCLH | 4.1% | $15m | 49,604 | +116% |
| Eton PharmaceuticalsETON | 3.8% | $14m | 387,157 | +6% |
| Universal Technical InstituteUTI | 3.8% | $14m | 321,556 | +46% |
| MSA SafetyMSA | 3.7% | $13m | 76,963 | New |
| SLB LimitedSLB | 3.6% | $13m | 280,748 | New |
| MasterCraft Boat HoldingsMCFT | 3.5% | $13m | 499,107 | New |
| Cavco IndustriesCVCO | 3.2% | $12m | 18,772 | +19% |
| Strata Critical MedicalSRTA | 3.1% | $11m | 2,171,006 | -17% |
| Luxexperience BVLUXE | 3.0% | $11m | 1,462,815 | +24% |
| GpgiGPGI | 3.0% | $11m | 681,032 | +526% |
| Knight-Swift Transportation HoldingsKNX | 3.0% | $11m | 138,435 | New |
| Turning Point BrandsTPB | 2.9% | $11m | 125,854 | -26% |
| Boyd Group ServicesBGSI | 2.9% | $10m | 110,928 | +13% |
| Build-A-Bear WorkshopBBW | 2.9% | $10m | 339,225 | +3% |
| Kura Sushi USAKRUS | 2.8% | $10m | 176,989 | +49% |
| CarGurusCARG | 2.8% | $10m | 296,864 | New |
| WealthfrontWLTH | 2.5% | $9m | 1,025,030 | +56% |
| CrocsCROX | 2.5% | $9m | 75,562 | -5% |
| Lifeway FoodsLWAY | 2.4% | $9m | 291,709 | New |
| Global X FDSAIQ | 2.3% | $8m | 127,765 | New |
| PDF SolutionsPDFS | 2.3% | $8m | 117,854 | -56% |
| FlywireFLYW | 2.3% | $8m | 473,706 | -39% |
| Corporacion America AirportsCAAP | 2.0% | $7m | 295,075 | New |
| BrightView HoldingsBV | 2.0% | $7m | 502,957 | Held |
| Resolute Holdings ManagementRHLD | 1.9% | $7m | 48,165 | New |
| Listed FDS TRINFL | 1.6% | $6m | 176,270 | +36% |
| Solaris Energy InfrastructureSEI | 1.4% | $5m | 64,796 | New |
| Mayville Engineering CompanyMEC | 1.4% | $5m | 136,746 | New |
| MagniteMGNI | 1.1% | $4m | 217,753 | New |
| SharonAI HoldingsSHAZ | 0.7% | $2m | 28,685 | New |
| Cronos GroupCRON | 0.6% | $2m | 810,163 | -81% |
| Mama's CreationsMAMA | 0.4% | $2m | 90,110 | -74% |
| Mimedx GroupMDXG | 0.2% | $828,670 | 215,239 | New |
| Galaxy DigitalGLXY | <0.1% | $283,274 | 167,836 | New |
Options (5)
- Ishares TRIWM
- Type
- Put
- Value
- $653,850
- Contracts
- 900
- ToyoTOYO
- Type
- Put
- Value
- $563,475
- Contracts
- 683
- Global X FDSAIQ
- Type
- Put
- Value
- $429,525
- Contracts
- 1,494
- Westrock CoffeeWEST
- Type
- Put
- Value
- $361,620
- Contracts
- 5,166
- Turning Point BrandsTPB
- Type
- Put
- Value
- $137,025
- Contracts
- 315
| Company | Type | Value | Contracts |
|---|---|---|---|
| Ishares TRIWM | Put | $653,850 | 900 |
| ToyoTOYO | Put | $563,475 | 683 |
| Global X FDSAIQ | Put | $429,525 | 1,494 |
| Westrock CoffeeWEST | Put | $361,620 | 5,166 |
| Turning Point BrandsTPB | Put | $137,025 | 315 |
Over time and by industry
Value over time
Dec '25
Jun '26
Value is up 48.4% since 31 December 2025.
Where the money is
Retail & consumer24.3%
Industrials19.1%
Technology15.0%
Health care7.8%
Everyday goods7.7%
Financial services7.5%
Real estate4.9%
Energy3.6%
Materials3.2%
Other6.9%
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.