Greenhaven Road Capital 13F, Q2 2025
Scott Miller · quarter ending 30 June 2025 · filed 13 August 2025 · SEC CIK 1741129
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 1 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q2 2025
Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| PAR TECHNOLOGY CORP | PAR | $69.02M | 24.2% | unchanged |
| KKR & CO INC | KKR | $31.22M | 11.0% | -4% shares |
| LIFECORE BIOMEDICAL INC | LFCR | $30.00M | 10.5% | +2% shares |
| CELLEBRITE DI LTD | $24.29M | 8.5% | -3% shares | |
| BURFORD CAP LTD | $23.18M | 8.1% | unchanged | |
| HAGERTY INC | HGTY | $18.31M | 6.4% | +33% shares |
| KINGSWAY FINL SVCS INC | KWY | $17.74M | 6.2% | +73% shares |
| LOUISIANA PAC CORP | LPX | $17.32M | 6.1% | +3% shares |
| SABLE OFFSHORE CORP | SOC | $14.20M | 5.0% | +8% shares |
| AST SPACEMOBILE CL A | ASTS | $12.52M | 4.4% | new |
| BARNES & NOBLE ED INC | BNED | $11.58M | 4.1% | -8% shares |
| ALTA EQUIPMENT GROUP INC | ALTG | $8.60M | 3.0% | -24% shares |
| ALLOT LTD | $5.35M | 1.9% | +272% shares | |
| NEXTNAV INC | NN | $912.0K | 0.3% | unchanged |
| CORCARD CORPORATION | $215.4K | 0.1% | new | |
| MATRIX SVC CO | MTRX | $188.7K | 0.1% | unchanged |
| RESEARCH SOLUTIONS INC | RSSS | $110.4K | 0.0% | unchanged |
| QUEST RESOURCE HLDG CORP | QRHC | $26.2K | 0.0% | +13% shares |
What changed since Q1 2025
Against the Q1 2025 filing, Greenhaven Road Capital opened 2 new positions, added to 7, trimmed 4, left 5 unchanged and exited 1. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001420506-25-001976, filed by Greenhaven Road Investment Management, L.P.. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.