SPRUCE HOUSE INVESTMENT MANAGEMENT LLC Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$3.4T

Holdings

10

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (10 positions)

#StockSharesValue% PortfolioType
1
APPAPPLOVIN CORP
1,799,729$1.2T35.17%
2
CVNACARVANA CO
2,275,000$960.1B27.84%
3
WWAYFAIR INC
2,923,845$293.6B8.51%
4
CPAYCORPAY INC
830,000$249.8B7.24%
5
CIGICOLLIERS INTL GROUP INC
1,301,133$191.3B5.55%
6
GXOGXO LOGISTICS INCORPORATED
3,250,000$171.1B4.96%
7
DKNGDRAFTKINGS INC NEW
4,203,834$144.9B4.20%
8
CNMCORE & MAIN INC
2,150,000$111.7B3.24%
9
CMPRCIMPRESS PLC
1,465,366$97.6B2.83%
10
QXOQXO INC
813,009$15.7B0.45%