1060 Capital, LLC

Key Holdings

The portfolio is currently dominated by two mega-positions, with the remaining two holdings acting as minor allocations.

• Tesla Inc (TSLA): This is the new cornerstone holding, accounting for 59.72% of the portfolio ($11.12M). The initiation of a 25,000-share position represents a massive capital commitment to the consumer cyclical sector. This suggests the manager holds a strong bullish view on Tesla’s near-to-medium-term potential, likely prioritizing liquidity and brand strength over valuation metrics.
• Primoris Services Corp (PRIM): Representing 36.88% of the portfolio ($6.87M), this industrial stock remains the firm's second-largest conviction. Despite a 23.1% reduction in stake value (a reduction of $1.80M), PRIM remains a critical component of the portfolio. The reduction indicates the manager may have taken profits or funded the new TSLA position by trimming this legacy holding.
• Minor Positions: Accel Entertainment Inc (ACEL) and Zevia PBC are marginal holdings, comprising less than 2% and 1.5% of the portfolio, respectively. These positions are likely experimental trades or remainders of a previous strategy, given their negligible impact on the overall portfolio performance relative to TSLA and PRIM.