DOSSIER · 13F-HR · Q2 2026

Ararat Capital Management LP

$213M in tracked AUM across 17 positions as of Q2 2026.

AC
CIK 0001768757 · last filed Jun 30, 2026
Total AUM
$213M
as of Q2 2026
Holdings
17
positions
Whale Score
66
66
tracked
Activity
no data
changes this Q
AI Analysis · Q2 2026

Portfolio Overview

Ararat Capital Management LP reported a significant contraction in assets under management (AUM) for the quarter ended September 30, 2025, with total portfolio value decreasing by 42.7%, from approximately $220.52 million to $126.32 million. This reduction was driven by a combination of active portfolio deleveraging, substantial exits, and position reductions rather than solely market depreciation. The portfolio remains highly concentrated, holding only 13 positions, whic...

Key Holdings

The portfolio is characterized by a relatively even distribution among its top assets, with no single position dominating. The top holding, LegalZoom.com Inc. (LZ), represents 14.10% of the portfolio ($17.81M), followed closely by Driven Brands Holdings Inc. (DRVN) at 14.00% ($17.68M) and Douglas Dynamics Inc. (PLOW) at 10.76% ($13.60M).

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
FLYW
FLYWIRE CORPORATION
$20M1.1M9.4%
02
RELY
REMITLY GLOBAL INC
$19M860K9.0%
03
BY
BYLINE BANCORP INC
$18M491K8.7%
04
M5216V106
GLOBAL E ONLINE LTD
$18M520K8.5%
05
ITGR
INTEGER HLDGS CORP
$17M179K7.8%
06
RAL
RALLIANT CORP
$17M226K7.8%
07
GIL
GILDAN ACTIVEWEAR INC
$16M316K7.6%
08
PLOW
DOUGLAS DYNAMICS INC
$15M279K7.1%
09
CARG
CARGURUS INC
$13M391K6.2%
10
FNKO
FUNKO INC
$12M2.1M5.8%

Filing history

2026Q2Jun 30
$213M 20.2%
17 positionsView →
2026Q1Mar 31
$178M 12.5%
15 positionsView →
2025Q4Dec 31
$203M 60.7%
18 positionsView →
2025Q3Sep 30
$126M 42.7%
13 positionsView →
2025Q2Jun 30
$221M 63.6%
19 positionsLocked
2025Q1Mar 31
$135M 46.2%
11 positionsLocked
2024Q4Dec 31
$251M 13.5%
16 positionsLocked
2024Q3Sep 30
$290M 11.1%
18 positionsLocked
2024Q2Jun 30
$326M 7.5%
21 positionsLocked
2024Q1Mar 31
$352M 2.0%
23 positionsLocked
2023Q4Dec 31
$345M 17.4%
19 positionsLocked
2023Q3Sep 30
$294M 1.9%
18 positionsLocked
Showing 12 of 23