Featured 13F manager
Spruce House Investment Management LLC Ben Tsai
New York, NY 20 processed 13Fs on this site · 2021 Q3–2026 Q2
- $3.4B
- 11 Positions
- 2026 Q2
- +21.3% QoQ
- Top 5 74.0%
Portfolio
top 5 74.0% · top 10 99.6%
- APP - Applovin · CL A 27.1%
- CVNA - Carvana · CL A 22.6%
- CPAY - Corpay 8.6%
- W - Wayfair · CL A 7.9%
- GXO - Gxo Logistics 7.8%
- CIGI - Colliers Intl Group 7.6%
- DKNG - Draftkings · CL A 7.2%
- SRAD - Sportradar Group AG · CLASS A 4.0%
- CMPR - Cimpress 3.7%
- CNM - Core & Main · CL A 3.1%
- QXO - QXO Inc 0.4%
AUM over time
Book
| APP - Applovin · CL A | 35.17% | Reduce −12.5% | 1,799,729 | $673.82 | $1.2B | −257,295 | −$265M |
| CVNA - Carvana · CL A | 27.84% | Reduce −37.0% | 2,275,000 | $422.02 | $960M | −1,334,288 | −$401M |
| W - Wayfair · CL A | 8.51% | Hold | 2,923,845 | $100.41 | $294M | — | — |
| CPAY - Corpay | 7.24% | Add +95.3% | 830,000 | $300.93 | $250M | +405,000 | +$127M |
| CIGI - Colliers Intl Group | 5.55% | Hold | 1,301,133 | $147.00 | $191M | — | — |
| GXO - Gxo Logistics | 4.96% | Hold | 3,250,000 | $52.64 | $171M | — | — |
| DKNG - Draftkings · CL A | 4.20% | Add +1301.3% | 4,203,834 | $34.46 | $145M | +3,903,834 | +$134M |
| CNM - Core & Main · CL A | 3.24% | Hold | 2,150,000 | $51.97 | $112M | — | — |
| CMPR - Cimpress | 2.83% | Reduce −28.8% | 1,465,366 | $66.59 | $98M | −593,538 | −$32M |
| QXO - QXO Inc | 0.45% | Hold | 813,009 | $19.29 | $16M | — | — |
Filings history
20 periods · normalized AUM · open a period for holdings
| Period | Holdings | AUM | QoQ | Form | Filed | Filing ID |
|---|---|---|---|---|---|---|
| 2026 Q2 | 11 | $3.4B | +21.3% | 13F-HR | 8/14/2026 | 000154317026000013 |
| 2026 Q1 | 11 | $2.8B | −18.8% | 13F-HR | 5/15/2026 | 000154317026000006 |
| 2025 Q4 | 10 | $3.4B | −10.9% | 13F-HR | 2/17/2026 | 000154317026000004 |
| 2025 Q3 | 10 | $3.9B | +42.8% | 13F-HR | 11/14/2025 | 000154317025000013 |
| 2025 Q2 | 9 | $2.7B | +40.7% | 13F-HR | 8/14/2025 | 000154317025000008 |
| 2025 Q1 | 9 | $1.9B | −29.2% | 13F-HR | 5/15/2025 | 000154317025000003 |
| 2024 Q4 | 11 | $2.7B | +33.3% | 13F-HR | 2/14/2025 | 000149315225006880 |
| 2024 Q3 | 10 | $2B | +34.3% | 13F-HR | 11/14/2024 | 000149315224045896 |
| 2024 Q2 | 10 | $1.5B | +9.2% | 13F-HR | 8/14/2024 | 000149315224032290 |
| 2024 Q1 | 11 | $1.4B | +9.4% | 13F-HR | 5/15/2024 | 000149315224019891 |
| 2023 Q4 | 6 | $1.3B | +13.1% | 13F-HR | 2/14/2024 | 000149315224006670 |
| 2023 Q3 | 6 | $1.1B | +28.6% | 13F-HR | 11/14/2023 | 000149315223041209 |
| 2023 Q2 | 6 | $875M | +71.2% | 13F-HR | 8/14/2023 | 000149315223028528 |
| 2023 Q1 | 5 | $511M | +35.5% | 13F-HR | 5/15/2023 | 000149315223017384 |
| 2022 Q4 | 5 | $377M | −32.1% | 13F-HR | 2/14/2023 | 000149315223004940 |
| 2022 Q3 | 7 | $555M | −19.9% | 13F-HR | 11/14/2022 | 000149315222032149 |
| 2022 Q2 | 8 | $693M | −59.9% | 13F-HR | 8/12/2022 | 000149315222022382 |
| 2022 Q1 | 9 | $1.7B | −45.8% | 13F-HR | 5/16/2022 | 000149315222013842 |
| 2021 Q4 | 12 | $3.2B | −17.4% | 13F-HR | 2/14/2022 | 000149315222004474 |
| 2021 Q3 | 14 | $3.9B | — | 13F-HR | 11/15/2021 | 000149315221028709 |
About
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC
20 processed 13Fs on this site · 2021 Q3–2026 Q2