Toronado Partners, LLC

CIK 1749611 · View on SEC EDGAR ↗

Portfolio value
$35.5M
#8,812 of 9,443 by 13F value · top 93.3%
Positions
11
As of
June 30, 2026

Portfolio value QoQ: -32.9% 13F does not disclose cash

Top 10 holdings weight
95.51%
Top 25 holdings weight
100.00%
Positions above 1%
11
Effective number of positions
9.7

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 7.99% Est. buys $3,537,705 · sells $43,329,150

Median holding: 4.5 quarters Tracked Q4 2024–Q2 2026 · 61.1% still held

New positions
1
Increased
1
Decreased
9
Closed
1
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+29.1%
S&P 500 total return (same window)
+28.1%
Excess return
+1.0%

Annualized: +18.6% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 0.0%

Sector breakdown

Technology
66.0%
Industrials
18.4%
Communication Services
11.0%
Communications
4.5%

Full portfolio 11 positions

Type Streak 8Q trend
PI Impinj, Inc. - Common Stock $5,364,680 15.09% 37,455 $-1,845,579 Down ×1
SITM SiTime Corporation - Common Stock $5,306,151 14.93% 7,117 $-303,024 Down ×5
EVER EverQuote, Inc. - Class A Common Stock $3,927,586 11.05% 165,094 $-652,524 Down ×1
KRNT Kornit Digital Ltd. - Ordinary Shares $3,532,799 9.94% 217,403 $37,313 Down ×1
IDCC InterDigital, Inc. - Common Stock $3,171,056 8.92% 11,200 Up ×1
FN Fabrinet Ordinary Shares $3,014,435 8.48% 5,363 $-3,776,277 Down ×5
AMPL Amplitude, Inc. - Class A Common Stock $2,805,645 7.89% 366,751 $631,272 Up ×1
ESTC Elastic N.V. Ordinary Shares $2,651,829 7.46% 46,507 $-3,474,346 Down ×2
TWLO Twilio Inc. Class A Common Stock $2,475,754 6.97% 11,999 $-2,179,460 Down ×3
AMBQ Ambiq Micro, Inc. Common Stock $1,697,568 4.78% 19,225 $1,158,317 Down ×1
HLIT Harmonic Inc. - Common Stock $1,596,339 4.49% 97,755 $-3,477,945 Down ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
IDCC $3,171,056 11,200 8.92%

Top movers (QoQ)

Security Action Shares Δ Value Δ
FN Trimmed -8K -$3.8M
HLIT Trimmed -467K -$3.5M
ESTC Trimmed -76K -$3.5M
TWLO Trimmed -25K -$2.2M
PI Trimmed -33K -$1.8M
AMBQ Trimmed -2K +$1.2M
EVER Trimmed -132K -$653K
AMPL Bought more +48K +$631K
SITM Trimmed -9K -$303K
KRNT Trimmed -21K +$37K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
JAMF Dec. 31, 2025 1,109,255 $11,869,029 No longer tracked
ENPH Dec. 31, 2025 301,379 $10,665,803 19.7%
TRIP March 31, 2026 576,715 $8,396,970 -3.7%
STUB March 31, 2026 555,710 $7,518,756 13.0%
WIX June 30, 2026 74,924 $6,748,405 71.3%
ALAB June 30, 2025 61,811 $3,688,262 213.9%
RSKD Sept. 30, 2025 287,270 $1,433,477 27.8%