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Greenhouse Funds LLLP

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13F filer, CIK 1626220, BALTIMORE, MD

Greenhouse Funds LLLP reported $2,422,117,619 across 34 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-13. Its ten largest share positions make up 51.3% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001626220-25-000006

Period
2025-06-30
Reported value
$2.42B
Holdings
34
Top 10 weight
51.3%
New
4
Sold out
9

Largest buys vs the previous quarter

SecurityShares changeApprox. value
EFXnew+231,081$59.9M
VYXadded+4,538,689$53.2M
SGnew+2,158,709$32.1M
SAIAadded+106,555$29.2M
XBIadded+315,422$26.2M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
AVIDXCHANGE HOLDINGS INCexited-10,675,410-$90.5M
SSNCexited-932,405-$77.9M
FLRreduced-1,130,436-$58M
CHEFreduced-735,937-$47M
TOSTexited-1,038,048-$34.4M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2025

Share positions as resolved from 13F-HR 0001626220-25-000006, largest first. % of portfolio is the value over $2,391,709,549, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
SRADSPORTRADAR GROUP AGQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,660,011 shares; 2024Q4: 9,853,973 shares; 2025Q1: 7,842,378 shares; 2025Q2: 7,971,654 shares 7,971,654$224M9.36%+129,276Timeline
VYXNCR VOYIX CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,545,822 shares; 2024Q4: 8,332,854 shares; 2025Q1: 12,531,290 shares; 2025Q2: 17,069,979 shares 17,069,979$200M8.37%+4,538,689Timeline
BILLBILL HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,385,615 shares; 2024Q4: 1,396,617 shares; 2025Q1: 2,348,766 shares; 2025Q2: 2,889,979 shares 2,889,979$134M5.59%+541,213Timeline
OLEDUNIVERSAL DISPLAY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 524,828 shares; 2024Q4: 583,603 shares; 2025Q1: 563,121 shares; 2025Q2: 644,146 shares 644,146$99.5M4.16%+81,025Timeline
GTMZOOMINFO TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,996,632 shares; 2024Q4: 7,295,163 shares; 2025Q1: 7,980,331 shares; 2025Q2: 9,692,470 shares 9,692,470$98.1M4.1%+1,712,139Timeline
NCLHNORWEGIAN CRUISE LINE HLDGSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,693,558 shares; 2024Q4: 3,356,290 shares; 2025Q1: 4,100,848 shares; 2025Q2: 4,829,045 shares 4,829,045$97.9M4.09%+728,197Timeline
HQYHEALTHEQUITY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 792,469 shares; 2024Q4: 884,404 shares; 2025Q1: 765,185 shares; 2025Q2: 911,815 shares 911,815$95.5M3.99%+146,630Timeline
PHRPHREESIA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,247,313 shares; 2024Q4: 2,873,892 shares; 2025Q1: 2,956,910 shares; 2025Q2: 3,325,262 shares 3,325,262$94.6M3.96%+368,352Timeline
MCWMISTER CAR WASH INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,940,682 shares; 2024Q4: 11,854,711 shares; 2025Q1: 14,050,551 shares; 2025Q2: 15,418,871 shares 15,418,871$92.7M3.87%+1,368,320Timeline
MSGSMADISON SQUARE GRDN SPRT CORQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 412,686 shares; 2024Q4: 394,620 shares; 2025Q1: 408,327 shares; 2025Q2: 434,910 shares 434,910$90.9M3.8%+26,583Timeline
RBCRBC BEARINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 132,579 shares; 2024Q4: 155,885 shares; 2025Q1: 177,661 shares; 2025Q2: 227,434 shares 227,434$87.5M3.66%+49,773Timeline
CDRECADRE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,704,790 shares; 2024Q4: 2,616,728 shares; 2025Q1: 2,529,967 shares; 2025Q2: 2,743,265 shares 2,743,265$87.4M3.65%+213,298Timeline
CFLTCONFLUENT INC-CLASS AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 500,449 shares; 2024Q4: 1,820,446 shares; 2025Q1: 2,516,338 shares; 2025Q2: 3,097,695 shares 3,097,695$77.2M3.23%+581,357Timeline
HAYWHAYWARD HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,197,511 shares; 2024Q4: 3,199,663 shares; 2025Q1: 4,589,097 shares; 2025Q2: 5,253,834 shares 5,253,834$72.5M3.03%+664,737Timeline
FLRFLUOR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,516,819 shares; 2024Q4: 2,437,981 shares; 2025Q1: 2,467,385 shares; 2025Q2: 1,336,949 shares 1,336,949$68.5M2.87%-1,130,436Timeline
VMIVALMONT INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 175,809 shares; 2024Q4: 175,809 shares; 2025Q1: 167,261 shares; 2025Q2: 202,370 shares 202,370$66.1M2.76%+35,109Timeline
TDYTELEDYNE TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 97,510 shares; 2025Q2: 125,765 shares 125,765$64.4M2.69%+28,255Timeline
EFXEQUIFAX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 231,081 shares 231,081$59.9M2.51%newTimeline
GTLBGITLAB INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 967,285 shares; 2024Q4: 718,849 shares; 2025Q1: 877,926 shares; 2025Q2: 1,264,258 shares 1,264,258$57M2.38%+386,332Timeline
CHEFCHEFS WHSE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,375,087 shares; 2024Q4: 2,452,981 shares; 2025Q1: 1,598,670 shares; 2025Q2: 862,733 shares 862,733$55.1M2.3%-735,937Timeline
MMSIMERIT MED SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 403,328 shares; 2024Q4: 403,328 shares; 2025Q1: 407,787 shares; 2025Q2: 587,912 shares 587,912$55M2.3%+180,125Timeline
NEONEOGENOMICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,464,406 shares; 2024Q4: 4,701,897 shares; 2025Q1: 4,708,324 shares; 2025Q2: 7,431,147 shares 7,431,147$54.3M2.27%+2,722,823Timeline
OIIOCEANEERING INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,445,433 shares; 2024Q4: 2,689,795 shares; 2025Q1: 2,268,079 shares; 2025Q2: 2,491,803 shares 2,491,803$51.6M2.16%+223,724Timeline
ALABASTERA LABS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 596,908 shares; 2024Q4: 253,492 shares; 2025Q1: 341,530 shares; 2025Q2: 534,535 shares 534,535$48.3M2.02%+193,005Timeline
XBISPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 264,245 shares; 2025Q2: 579,667 shares 579,667$48.1M2.01%+315,422Timeline
GSATGLOBALSTAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,815,691 shares; 2025Q2: 2,025,516 shares 2,025,516$47.7M1.99%+209,825Timeline
BLKBBLACKBAUD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 503,097 shares; 2025Q2: 706,447 shares 706,447$45.4M1.9%+203,350Timeline
SAIASAIA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 44,809 shares; 2025Q2: 151,364 shares 151,364$41.5M1.73%+106,555Timeline
SGSWEETGREEN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,158,709 shares 2,158,709$32.1M1.34%newTimeline
CHYMCHIME FINL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 757,833 shares 757,833$26.2M1.09%newTimeline
CLARCLARUS CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,441,771 shares; 2024Q4: 5,400,621 shares; 2025Q1: 5,448,431 shares; 2025Q2: 5,448,431 shares 5,448,431$18.9M0.79%0Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
GPNGLOBAL PMTS INC COMcall300,000$24Mnew
VYXNCR VOYIX CORPORATION COMcall459,000$5.38M+96,300
GTMZOOMINFO TECHNOLOGIES INC Stockcall100,000$1.01M0

Sold out in Q2 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
AVIDXCHANGE HOLDINGS INCAVIDXCHANGE HOLDINGS INC10,675,410$90.5Mshares
SSNCSS&C TECH HLDGS932,405$77.9Mshares
YOUCLEAR SECURE INC1,526,300$39.5Mcall
TOSTTOAST INC1,038,048$34.4Mshares
XBISPDR SERIES TRUST230,000$18.7Mcall
MDBMONGODB INC103,953$18.2Mshares
MCWMISTER CAR WASH INC1,837,200$14.5Mcall
YOUCLEAR SECURE INC363,968$9.43Mshares
AVIDXCHANGE HOLDINGS INCAVIDXCHANGE HOLDINGS INC500,000$4.24Mcall

How Q2 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001626220-25-000006 base2025-08-13acceptance time not in the bulk data set