Hood River Capital Management LLC's Q1 2025 13F: 31 new positions, 46 exits
Form 13F-HR for the quarter ended Mar 31, 2025 · filed May 15, 2025 · 144 reported positions · accession 0001214659-25-007676
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | FTAI AVIATION LTD (FTAI) | 4.4% | 0.9% | −3.5 pts | −1.61M sh | −78% |
| Reduced | AXON ENTERPRISE INC (AXON) | 2.3% | 0.7% | −1.6 pts | −181K sh | −70% |
| Exited | DIODES INC (DIOD) | 1.1% | — | −1.1 pts | −1.17M sh | −100% |
| Reduced | SEMTECH CORP (SMTC) | 3.2% | 1.0% | −2.2 pts | −1.8M sh | −52% |
| Exited | VICTORIAS SECRET & COMPANY CMN (VSCO) | 1.1% | — | −1.1 pts | −1.72M sh | −100% |
| New | CHART INDUSTRIES INC (GTLS) | — | 0.9% | +0.9 pts | +377K sh | new |
| New | TRANSMEDICS GROUP INC (TMDX) | — | 0.9% | +0.9 pts | +796K sh | new |
| Reduced | SWEETGREEN INC - CLASS A (SG) | 1.2% | 0.2% | −1.0 pts | −2.1M sh | −83% |
| New | FIRSTCASH HOLDINGS INC (FCFS) | — | 0.9% | +0.9 pts | +429K sh | new |
| Increased | LUMENTUM HOLDINGS INC (LITE) | 0.5% | 1.3% | +0.8 pts | +821K sh | +210% |
| New | RAMBUS INC (RMBS) | — | 0.8% | +0.8 pts | +945K sh | new |
| Exited | AXSOME THERAPEUTICS INC (AXSM) | 0.8% | — | −0.8 pts | −645K sh | −100% |
| Exited | BLACKBERRY LTD (BB) | 0.8% | — | −0.8 pts | −14.09M sh | −100% |
| Exited | INTRA-CELLULAR THERAPIES INC (ITCI) | 0.8% | — | −0.8 pts | −615K sh | −100% |
| Exited | QXO INC (QXO) | 0.7% | — | −0.7 pts | −3.13M sh | −100% |
| Exited | GLOBAL-E ONLINE LTD (GLBE) | 0.7% | — | −0.7 pts | −905K sh | −100% |
| Reduced | COHERENT INC (COHR) | 1.5% | 0.5% | −1.0 pts | −595K sh | −57% |
| Increased | MADRIGAL PHARMACEUTICALS INC (MDGL) | 0.6% | 1.4% | +0.8 pts | +116K sh | +91% |
| Exited | CLEARWATER ANALYTICS HDS-A (CWAN) | 0.6% | — | −0.6 pts | −1.59M sh | −100% |
| New | WAYSTAR HOLDING CORP (WAY) | — | 0.6% | +0.6 pts | +1.01M sh | new |
| Reduced | OLLIE'S BARGAIN OUTLET HLDG INC (OLLI) | 1.3% | 0.9% | −0.3 pts | −321K sh | −41% |
| Exited | COUCHBASE INC (BASE) | 0.6% | — | −0.6 pts | −2.74M sh | −100% |
| New | GRANITE CONSTRUCTION INC (GVA) | — | 0.6% | +0.6 pts | +474K sh | new |
| Increased | APPLIED DIGITAL CORP (APLD) | 1.7% | 2.0% | +0.3 pts | +6.12M sh | +40% |
| Exited | MACOM TECHNOLOGY SOLUTIONS H (MTSI) | 0.6% | — | −0.6 pts | −294K sh | −100% |
| Increased | FABRINET (FN) | 0.7% | 1.3% | +0.6 pts | +163K sh | +71% |
| Increased | VISHAY INTERTECHNOLOGY INC (VSH) | 0.8% | 1.4% | +0.6 pts | +1.99M sh | +63% |
| New | VERTEX INC - CLASS A (VERX) | — | 0.5% | +0.5 pts | +902K sh | new |
| Reduced | Q2 HOLDINGS INC (QTWO) | 1.4% | 0.7% | −0.6 pts | −386K sh | −41% |
| New | API GROUP CORP (APG) | — | 0.5% | +0.5 pts | +856K sh | new |
| New | ESCO TECHNOLOGIES INC (ESE) | — | 0.5% | +0.5 pts | +190K sh | new |
| Exited | KIRBY CORP (KEX) | 0.5% | — | −0.5 pts | −327K sh | −100% |
| Increased | ENOVIS CORP (ENOV) | 0.4% | 0.9% | +0.5 pts | +781K sh | +118% |
| Reduced | FLUOR CORP (FLR) | 1.4% | 0.7% | −0.7 pts | −829K sh | −42% |
| New | CAREDX INC (CDNA) | — | 0.5% | +0.5 pts | +1.58M sh | new |
| Increased | LATTICE SEMICONDUCTOR CORP (LSCC) | 0.7% | 1.2% | +0.5 pts | +512K sh | +66% |
| New | UNIVERSAL TECHNICAL INSTITUT (UTI) | — | 0.4% | +0.4 pts | +1.02M sh | new |
| New | TRANSCAT INC (TRNS) | — | 0.4% | +0.4 pts | +341K sh | new |
| Exited | BIOHAVEN LTD (BHVN) | 0.4% | — | −0.4 pts | −784K sh | −100% |
| Increased | ALPHA & OMEGA SEMICONDUCTOR (AOSL) | 0.6% | 0.8% | +0.2 pts | +848K sh | +74% |
| Increased | SELECT MEDICAL HOLDINGS CORP (SEM) | 0.5% | 0.9% | +0.4 pts | +1.26M sh | +72% |
| Increased | KNIFE RIVER CORP (KNF) | 1.4% | 1.7% | +0.4 pts | +230K sh | +25% |
| Increased | TANDEM DIABETES CARE INC (TNDM) | 0.7% | 0.8% | +0.1 pts | +1.03M sh | +81% |
| Increased | NEW FORTRESS ENERGY INC (NFE) | 2.3% | 1.8% | −0.5 pts | +2.31M sh | +23% |
| Reduced | ACADEMY SPORTS & OUTDOORS IN (ASO) | 0.6% | 0.3% | −0.4 pts | −388K sh | −53% |
| Increased | CIENA CORP (CIEN) | 0.7% | 0.9% | +0.2 pts | +291K sh | +52% |
| Exited | MARVELL TECHNOLOGY GROUP LTD (MRVL) | 0.3% | — | −0.3 pts | −172K sh | −100% |
| Exited | ONESTREAM INC (OS) | 0.3% | — | −0.3 pts | −646K sh | −100% |
| Exited | KURA SUSHI USA INC CLASS A (KRUS) | 0.3% | — | −0.3 pts | −202K sh | −100% |
| Exited | EVERUS CONSTRUCTION GROUP (ECG) | 0.3% | — | −0.3 pts | −277K sh | −100% |
The 50 largest of 189 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 21.4% of the equity book
Changes in the top 10 this quarter: WAL entered · KNF entered · VRNA entered · ALHC entered · FTAI left · SMTC left · AXON left · COI left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ACI WORLDWIDE INC (ACIW) | 2.6% | 3.2% | |
| 2 | MASTEC INC (MTZ) | 3.1% | 3.1% | |
| 3 | HCI GROUP INC (HCI) | 1.6% | 2.4% | |
| 4 | APPLIED DIGITAL CORP (APLD) | 1.7% | 2.0% | |
| 5 | INSMED INC (INSM) | 1.6% | 2.0% | |
| 6 | WESTERN ALLIANCE BANCORP (WAL) | 1.5% | 1.8% | Entered the top 10 |
| 7 | NEW FORTRESS ENERGY INC (NFE) | 2.3% | 1.8% | |
| 8 | KNIFE RIVER CORP (KNF) | 1.4% | 1.7% | Entered the top 10 |
| 9 | VERONA PHARMA PLC - ADR (VRNA) | 1.0% | 1.7% | Entered the top 10 |
| 10 | ALIGNMENT HEALTHCARE INC (ALHC) | 0.8% | 1.7% | Entered the top 10 |
| — | FTAI AVIATION LTD (FTAI) | 4.4% | 0.9% | Left the top 10 |
| — | SEMTECH CORP (SMTC) | 3.2% | 1.0% | Left the top 10 |
| — | AXON ENTERPRISE INC (AXON) | 2.3% | 0.7% | Left the top 10 |
| — | COGENT COMMUNICATIONS HOLDINGS INC (COI) | 1.6% | 1.3% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).