Fund 1 Investments portfolio
Concentrated managerType not verifiedPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Fund 1 Investments reported a $569M portfolio of 45 positions to the SEC as of the end of Q2 2026. Its largest positions are CTRN, JMIA, TLYS. During the quarter it opened Grocery Outlet Holding and exited V. F. and Enviri.
Sections with a free account
What it reported after the quarter end (Q2 2026)
The 13F shows the portfolio as of Jun 30, 2026. Since then Fund 1 Investments has filed these own trades with the SEC (Form 4, when it owns more than 10% of a company or holds a role in it) and stakes above 5% (13D and 13G). It is not everything it did: only what it must report before the next 13F.
Form 4 · 2,256,335 shares · trades from Sep 3 to Sep 8 · filed Sep 8, 2026 · filing ↗
Stake reported in the company · event of Oct 30, 2026 · filed Oct 30, 2026 · filing ↗
Stake reported in the company · event of Oct 14, 2026 · filed Oct 16, 2026 · filing ↗
Stake reported in the company · event of Sep 3, 2026 · filed Sep 8, 2026 · filing ↗
- 13G/AWW InternationalWW7.8 % → 4.2 %
Stake reported in the company · event of Jun 30, 2026 · filed Aug 14, 2026 · filing ↗
- 13GGenescoGCO3.9 % → 5.5 %
Stake reported in the company · event of Jun 30, 2026 · filed Aug 14, 2026 · filing ↗
- 13G/AJumia TechnologiesJMIA10 % → 7.5 %
Stake reported in the company · event of Jun 30, 2026 · filed Aug 14, 2026 · filing ↗
Stake reported in the company · event of Jun 30, 2026 · filed Aug 14, 2026 · filing ↗
Plus 1 more, in its EDGAR filings.
What changed this quarter
81 positions with a change (22 new, 5 added to, 13 trimmed, 41 sold); also, 2 entered through an IPO. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- V. F.−6.3 ppof portfolioSold out6.3% → —
- Citi Trends−29%fewer sharesReduced14.5% → 18.5%
- Reddit−74%fewer sharesReduced5.7% → 2.6%
- Enviri−3.8 ppof portfolioSold out3.8% → —
- Celsius Holdings−61%fewer sharesReduced7.3% → 3.1%
- Coupang−94%fewer sharesReduced4.1% → 0.3%
- Grocery Outlet Holding+3.5 ppof portfolioNew— → 4.8%
- ProPetro Holding+2,654%more sharesIncreased0.1% → 4.5%
- Bath & Body Works−94%fewer sharesReduced3.1% → 0.3%
- Amazon.com−66%fewer sharesReduced4.0% → 2.1%
- Jumia Technologies−25%fewer sharesReduced11.1% → 11.5%
- Steven Madden−2.0 ppof portfolioSold out2.0% → —
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Citi TrendsCTRN18.5%
- Jumia TechnologiesJMIA11.5%
- Tilly’sTLYS5.9%
- FunkoFNKO5.5%
- Grocery Outlet HoldingGO4.8%
- ProPetro HoldingPUMP4.5%
- AppLovinAPP3.7%
- J.JillJILL3.7%
- GenescoGCO3.6%
- Torrid HoldingsCURV3.2%
- Celsius HoldingsCELH3.1%
- RedditRDDT2.6%
- TTM TechnologiesTTMI2.4%
- Five BelowFIVE2.3%
- Advance Auto PartsAAP2.3%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Consumer Discretionary 70%
- ● Information Technology 9%
- ● Consumer Staples 8%
- ● Communication Services 5%
- ● Energy 5%
- ● Utilities 1%
- ● Real Estate 1%
- ● Materials 1%
How its portfolio changed (8 quarters)
Q2 2026: 45
Q2 2026: 65%
Q2 2026: 42.2%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Declared options (2)
Besides stocks, Fund 1 Investments declared 2 calls (they gain if it rises) with a notional of $34.2M. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.
- CALLAppLovinAPPnew this quarter$25.8M
- CALLGrocery Outlet HoldingGOnew this quarter$8.5M
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Type not verified. It meets the portfolio criteria of a concentrated manager, but its type is not verified: we found no official document that is enough to say what kind of entity it is. It may be an investment firm, but also an adviser adding up client accounts, a bank or a family vehicle. It counts in the tallies like the rest; keep that in mind when reading it. How the type is assigned
Managers of a similar size
A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.
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