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Potrero Capital Research LLC

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13F filer, CIK 1536630, SAN FRANCISCO, CA

Potrero Capital Research LLC reported $296,978,873 across 34 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 57.98% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001536630-26-000004

Period
2025-12-31
Reported value
$297M
Holdings
34
Top 10 weight
57.98%
New
11
Sold out
17

Largest buys vs the previous quarter

SecurityShares changeApprox. value
BLnew+370,557$20.5M
CWANnew+350,000$8.44M
WEAVnew+776,372$5.89M
BLNDnew+1,661,123$5.05M
ADnew+89,312$4.79M

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
IEreduced-796,324-$12.7M
TACreduced-794,400-$10M
ROKUexited-88,268-$8.84M
SSDreduced-50,859-$8.21M
TLNreduced-15,998-$6M

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, Q4 2025

Share positions as resolved from 13F-HR 0001536630-26-000004, largest first. % of portfolio is the value over $296,978,873, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
TLNTALEN ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 27,633 shares; 2024Q4: 27,633 shares; 2025Q1: 54,633 shares; 2025Q2: 93,498 shares; 2025Q3: 93,498 shares; 2025Q4: 77,500 shares 77,500$29.1M9.78%-15,998Timeline
TACTRANSALTA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 491,141 shares; 2024Q4: 2,323,944 shares; 2025Q1: 2,428,944 shares; 2025Q2: 2,518,944 shares; 2025Q3: 2,518,944 shares; 2025Q4: 1,724,544 shares 1,724,544$21.8M7.34%-794,400Timeline
BLBLACKLINE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 370,557 shares 370,557$20.5M6.9%newTimeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 38,694 shares; 2024Q4: 38,694 shares; 2025Q1: 38,694 shares; 2025Q2: 38,694 shares; 2025Q3: 38,694 shares; 2025Q4: 38,694 shares 38,694$18.7M6.3%0Timeline
STXSEAGATE TECHNOLOGY HLDNGS PLQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 82,100 shares; 2025Q3: 82,100 shares; 2025Q4: 61,600 shares 61,600$17M5.71%-20,500Timeline
DBRGDIGITALBRIDGE GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,429,657 shares; 2024Q4: 1,460,626 shares; 2025Q1: 1,780,614 shares; 2025Q2: 1,330,547 shares; 2025Q3: 1,330,547 shares; 2025Q4: 1,003,583 shares 1,003,583$15.4M5.18%-326,964Timeline
YETIYETI HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 370,769 shares; 2025Q4: 320,769 shares 320,769$14.2M4.77%-50,000Timeline
BSTZBLACKROCK SCIENCE & TECHNOLOQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 778,970 shares; 2024Q4: 705,633 shares; 2025Q1: 626,671 shares; 2025Q2: 539,713 shares; 2025Q3: 539,713 shares; 2025Q4: 538,710 shares 538,710$12.2M4.1%-1,003Timeline
AMRZAMRIZE LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 65,000 shares; 2025Q3: 255,087 shares; 2025Q4: 219,123 shares 219,123$11.9M3.99%-35,964Timeline
TPBTURNING PT BRANDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 166,938 shares; 2025Q2: 166,938 shares; 2025Q3: 131,751 shares; 2025Q4: 106,751 shares 106,751$11.6M3.9%-25,000Timeline
BILLBILL HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 200,000 shares; 2025Q4: 200,000 shares 200,000$10.9M3.67%0Timeline
AMBAAMBARELLA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 150,000 shares; 2025Q3: 105,373 shares; 2025Q4: 148,537 shares 148,537$10.5M3.54%+43,164Timeline
IEIVANHOE ELECTRIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,384,914 shares; 2025Q4: 588,590 shares 588,590$9.41M3.17%-796,324Timeline
GEVGE VERNOVA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 101,330 shares; 2024Q4: 56,130 shares; 2025Q1: 21,130 shares; 2025Q2: 16,130 shares; 2025Q3: 16,130 shares; 2025Q4: 13,630 shares 13,630$8.91M3%-2,500Timeline
UUNITY SOFTWARE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 160,810 shares; 2025Q3: 335,327 shares; 2025Q4: 200,000 shares 200,000$8.83M2.97%-135,327Timeline
CWANCLEARWATER ANALYTICS HLDGS IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 350,000 shares 350,000$8.44M2.84%newTimeline
RDDTREDDIT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 66,500 shares; 2025Q3: 33,500 shares; 2025Q4: 33,500 shares 33,500$7.7M2.59%0Timeline
WEAVWEAVE COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 75,199 shares; 2024Q4: 74,182 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 776,372 shares 776,372$5.89M1.98%newTimeline
CMRCCOMMERCE.COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,719,429 shares; 2024Q4: 1,719,429 shares; 2025Q1: 1,719,429 shares; 2025Q2: 1,706,523 shares; 2025Q3: 1,415,339 shares; 2025Q4: 1,415,339 shares 1,415,339$5.83M1.96%0Timeline
NXDRNEXTDOOR HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,897,238 shares; 2024Q4: 3,557,997 shares; 2025Q1: 3,557,997 shares; 2025Q2: not reported; 2025Q3: 2,565,355 shares; 2025Q4: 2,546,187 shares 2,546,187$5.35M1.8%-19,168Timeline
BLNDBLEND LABS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 1,661,123 shares 1,661,123$5.05M1.7%newTimeline
FRSHFRESHWORKS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 393,412 shares; 2025Q4: 396,579 shares 396,579$4.86M1.64%+3,167Timeline
JAMFJAMF HOLDING CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 311,603 shares; 2025Q4: 372,707 shares 372,707$4.85M1.63%+61,104Timeline
ADARRAY DIGITAL INFRASTRUCTUREQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 89,312 shares 89,312$4.79M1.61%newTimeline
SPTSPROUT SOCIAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 150,000 shares; 2025Q4: 380,302 shares 380,302$4.29M1.44%+230,302Timeline
LGNLEGENCE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 143,349 shares; 2025Q4: 93,349 shares 93,349$4.02M1.35%-50,000Timeline
UNFUNIFIRST CORP MASSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 92,517 shares; 2025Q2: 30,595 shares; 2025Q3: not reported; 2025Q4: 20,000 shares 20,000$3.86M1.3%newTimeline
ESTCELASTIC N VQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 95,000 shares; 2024Q4: 10,000 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 40,000 shares 40,000$3.02M1.02%newTimeline
SXTSENSIENT TECHNOLOGIES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 27,408 shares 27,408$2.57M0.87%newTimeline
METCRAMACO RES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 348,760 shares; 2025Q4: 114,176 shares 114,176$2.06M0.69%-234,584Timeline
SOLSSOLSTICE ADVANCED MATLS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 41,377 shares 41,377$2.01M0.68%newTimeline
SSDSIMPSON MFG INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 67,115 shares; 2025Q2: not reported; 2025Q3: 60,000 shares; 2025Q4: 9,141 shares 9,141$1.48M0.5%-50,859Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 218 shares 218$144K0.05%newTimeline
BED BATH & BEYOND INCBED BATH & BEYOND INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 34,506 shares 34,506$22.8K0.01%new

Sold out in Q4 2025

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

SecurityShares beforeValue beforeType
QQQINVESCO QQQ TR500,000$300Mput
SPYSTATE STR SPDR S&P 500 ETF T300,000$200Mput
TLNTALEN ENERGY CORP93,000$39.6Mput
ROKUROKU INC88,268$8.84Mshares
SIMOSILICON MOTION TECHNOLOGY CO51,858$4.92Mshares
CEPTCANTOR EQUITY PARTNERS II IN368,878$3.88Mshares
AIFCAI FINL CORP1,104,805$2.97Mshares
WLACWILLOW LANE ACQUISITION CORP227,202$2.63Mshares
BELFBBEL FUSE INC12,676$1.79Mshares
NXHNEIGHBORHOOD INTELLIGENCE IN180,733$1.77Mshares
RDAGREPUBLIC DIGITAL ACQUISITION150,000$1.53Mshares
STRZSTARZ ENTERTAINMENT CORP.93,585$1.38Mshares
PDPAGERDUTY INC82,366$1.36Mshares
VLOSVELOS ACQUISITION I CORP100,000$1.05Mshares
BARKBARK INC1,013,366$842Kshares
ETHZILLA CORPORATIONETHZILLA CORPORATION300,000$723Kshares
IBPINSTALLED BLDG PRODS INC2,066$510Kshares

How Q4 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 0001536630-26-000004 base2026-02-17acceptance time not in the bulk data set