Greenhaven Road Investment Management, L.P.

High-turnover traderSector-focusedMomentum follower

Total reported value

$145.4M

Reporting period: 2026-03-31 · Number of holdings: 17

Greenhaven Road Investment Management, L.P. disclosed 17 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $145.4M and a quarterly turnover rate of 125.7%.

Personality snowflake

Concentration: 45.05
Portfolio Stability: 100
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 34
Sizing Uniformity: 90.14

Recent moves

Add HGTY
-9.4%　-$10.2M
Add CLBT
-4.0%　-$7.7M
Add ASTS
-18.2%　-$1.3M
Add KWY
-1.7%　-$6.0M
Add ALLT
+47.8%　$13.9K
Add LFCR
-3.9%　-$17.0M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	HGTY	Hagerty Inc-a	Stock-Other	17.17%	+11.25%	-9.43%
2	CLBT	Cellebrite DI Ltd.	Stock-Other	14.55%	+9.69%	-4.04%
3	KWY	Kingsway CORP	Stock-Other	13.29%	+9.02%	-1.74%
4	ASTS	Ast Spacemobile INC	Stock-Tech	12.84%	+9.47%	-18.17%
5	LFCR	Lifecore Biomedical INC	Stock-Other	9.05%	+3.98%	-3.94%
6	PAR	Par Technology Corp/del	Stock-Other	7.43%	+2.01%	-8.62%
7	KKR	Kkr & Co INC	Stock-Financials	6.78%	+3.12%	-43.92%
8	BUR	Burford Capital Limited	Stock-Other	6.66%	+3.86%	+14.74%
9	ALLT	Allot Ltd.	Stock-Other	5.80%	+4.38%	+47.84%
10	NN	Nextnav INC	Stock-Other	3.85%	+3.68%	+463.44%
11	ZM	Zoom Communications INC	Stock-Tech	1.38%	+1.38%	NEW
12	MRLN	Merlin INC	Stock-Other	0.55%	+0.55%	NEW
13	INFL	Horizon Kinetics Infl Benef	ETF-Other	0.36%	+0.36%	NEW
14	MTRX	Matrix Service Co	Stock-Other	0.11%	+0.08%	—
15	PESI	Perma-fix Environmental Svcs	Stock-Other	0.08%	+0.08%	NEW
16	RSSS	Research Solutions INC	Stock-Other	0.06%	+0.04%	—
17	QRHC	Quest Resource Holding CORP	Stock-Other	0.03%	+0.02%	—

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	17	$145.4M	100	1HGTY 2CLBT 3KWY Top holdings2026-03-31 1.HGTY 2.CLBT 3.KWY 4.ASTS 5.LFCR 6.PAR 7.KKR 8.BUR 9.ALLT 10.NN
2025-12-31	16	$594.0M	19	1TLT 2HGTY 3PAR Top holdings2025-12-31 1.TLT 2.HGTY 3.PAR 4.LFCR 5.CLBT 6.KWY 7.KKR 8.ASTS 9.BUR 10.ALLT
2025-09-30	17	$677.6M	100	1TLT 2IWM 3PAR Top holdings2025-09-30 1.TLT 2.IWM 3.PAR 4.HGTY 5.CLBT 6.KKR 7.LFCR 8.BUR 9.KWY 10.LPX
2025-06-30	19	$291.9M	0	1PAR 2KKR 3LFCR Top holdings2025-06-30 1.PAR 2.KKR 3.LFCR 4.CLBT 5.BUR 6.HGTY 7.KWY 8.LPX 9.SOC 10.ASTS
2025-03-31	18	$245.3M	100	1PAR 2CLBT 3KKR Top holdings2025-03-31 1.PAR 2.CLBT 3.KKR 4.LFCR 5.BUR 6.LPX 7.SOC 8.HGTY 9.BNED 10.ALTG
2024-12-31	19	$625.2M	0	178462F2PAR 3CLBT Top holdings2024-12-31 1.78462F 2.PAR 3.CLBT 4.KKR 5.LFCR 6.BUR 7.LPX 8.698884 9.SOC 10.HGTY
2024-09-30	15	$235.1M	0	1PAR 2KKR 3CLBT Top holdings2024-09-30 1.PAR 2.KKR 3.CLBT 4.BUR 5.HGTY 6.LPX 7.ALTG 8.SOC 9.LFCR 10.APPS
2024-06-30	18	$215.8M	0	1PAR 2KKR 3CLBT Top holdings2024-06-30 1.PAR 2.KKR 3.CLBT 4.BUR 5.ALTG 6.HGTY 7.LFCR 8.LPX 9.CLBT 10.57064P
2024-03-31	19	$236.1M	0	1PAR 2KKR 3CLBT Top holdings2024-03-31 1.PAR 2.KKR 3.CLBT 4.BUR 5.ALTG 6.LFCR 7.HGTY 8.LPX 9.57064P 10.APPS
2023-12-31	21	$238.0M	0	1PAR 2KKR 3CLBT Top holdings2023-12-31 1.PAR 2.KKR 3.CLBT 4.BUR 5.APG 6.LFCR 7.APPS 8.57064P 9.HGTY 10.BNEDUSD
2023-09-30	28	$199.3M	0	1PAR 2KKR 3CLBT Top holdings2023-09-30 1.PAR 2.KKR 3.CLBT 4.BUR 5.APG 6.LFCR 7.HGTY 8.SPHR 9.BNEDUSD 10.APPS
2023-06-30	35	$197.4M	0	1PAR 2KKR 3CLBT Top holdings2023-06-30 1.PAR 2.KKR 3.CLBT 4.APG 5.LFCR 6.BUR 7.HGTY 8.BNEDUSD 9.SPHR 10.APPS
2023-03-31	38	$174.2M	0	1PAR 2KKR 3CLBT Top holdings2023-03-31 1.PAR 2.KKR 3.CLBT 4.APG 5.BUR 6.HGTY 7.BNEDUSD 8.APPS 9.LFCR 10.HGTY
2022-12-31	34	$155.0M	0	1PAR 2KKR 3CLBT Top holdings2022-12-31 1.PAR 2.KKR 3.CLBT 4.APG 5.VOO 6.APPS 7.HGTY 8.57064P 9.BNEDUSD 10.HGTY
2022-09-30	43	$166.4M	0	1PAR 2KKR 3VOO Top holdings2022-09-30 1.PAR 2.KKR 3.VOO 4.APPS 5.CLBT 6.57064P 7.APG 8.HGTY 9.BNEDUSD 10.HGTY
2022-06-30	51	$194.7M	0	1PAR 2KKR 3APPS Top holdings2022-06-30 1.PAR 2.KKR 3.APPS 4.VOO 5.CLBT 6.57064P 7.HGTY 8.BNEDUSD 9.HGTY 10.57064P
2022-03-31	57	$306.3M	0	1APPS 2PAR 3KKR Top holdings2022-03-31 1.APPS 2.PAR 3.KKR 4.TDOC 5.VOO 6.CLBT 7.57064P 8.BNEDUSD 9.57064P 10.ASTL
2021-12-31	48	$443.9M	0	1APPS 2KKR 3PAR Top holdings2021-12-31 1.APPS 2.KKR 3.PAR 4.VOO 5.TDOC 6.RICK 7.NYT 8.PPLI 9.57064P 10.BNEDUSD
2021-09-30	50	$506.2M	0	1APPS 2PAR 3VOO Top holdings2021-09-30 1.APPS 2.PAR 3.VOO 4.KKR 5.SE 6.RICK 7.ROKU 8.NYT 9.57064P 10.BNEDUSD
2021-06-30	38	$487.9M	39	1APPS 2PAR 3VOO Top holdings2021-06-30 1.APPS 2.PAR 3.VOO 4.KKR 5.ROKU 6.RICK 7.NYT 8.SHSP 9.PPLI 10.G05155
2021-03-31	25	$448.5M	74	1APPS 2PAR 3VOO Top holdings2021-03-31 1.APPS 2.PAR 3.VOO 4.KKR 5.RICK 6.ROKU 7.NYT 8.44891N 9.AEYE 10.TWTRUSD
2020-12-31	30	$714.0M	100	1APPS 2QRHC 3VOO Top holdings2020-12-31 1.APPS 2.QRHC 3.VOO 4.KKR 5.PAR 6.DAIO 7.CTEKUSD 8.SIFYUSD 9.483379 10.ROKU
2020-09-30	22	$259.2M	76	1APPS 2PAR 3VOO Top holdings2020-09-30 1.APPS 2.PAR 3.VOO 4.KKR 5.ROKU 6.44891N 7.SHSP 8.AEYE 9.CSSEQ 10.RICK
2020-06-30	23	$151.3M	100	1APPS 2PAR 3KKR Top holdings2020-06-30 1.APPS 2.PAR 3.KKR 4.VOO 5.IACIEUR 6.ROKU 7.SHSP 8.CSSEQ 9.RICK 10.CLCTUSD
2020-03-31	15	$79.8M	100	1KKR 2APPS 3PAR Top holdings2020-03-31 1.KKR 2.APPS 3.PAR 4.CVNA 5.SHSP 6.PINS 7.UBER 8.ROKU 9.CSSEQ 10.KLR1USD
2019-12-31	18	$114.5M	0	1PAR 2KKR 3APPS Top holdings2019-12-31 1.PAR 2.KKR 3.APPS 4.SHSP 5.ETSY 6.CSSEQ 7.VOO 8.EVI 9.RAH 10.375036

Holding changes this quarter

Greenhaven Road Investment Management, L.P.'s most significant position changes for 2026-03-31: Sold out: Ishares 20+ Year Treasury Bd (TLT); Sold out: Louisiana-pacific CORP (LPX); Sold out: Pinterest Inc- Class A (PINS); New buy: Zoom Communications INC (ZM); New buy: Merlin INC (MRLN).

Position changes disclosed by Greenhaven Road Investment Management, L.P. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	HGTY	Hagerty Inc-a	+11.3%	-9.43%	Trim
2	CLBT	Cellebrite DI Ltd.	+9.7%	-4.04%	Trim
3	ASTS	Ast Spacemobile INC	+9.5%	-18.17%	Trim
4	KWY	Kingsway CORP	+9%	-1.74%	Trim
5	ALLT	Allot Ltd.	+4.4%	+47.84%	Add
6	LFCR	Lifecore Biomedical INC	+4%	-3.94%	Trim
7	BUR	Burford Capital Limited	+3.9%	+14.74%	Add
8	NN	Nextnav INC	+3.7%	+463.44%	Add
9	KKR	Kkr & Co INC	+3.1%	-43.92%	Trim
10	PAR	Par Technology Corp/del	+2%	-8.62%	Trim
11	MTRX	Matrix Service Co	+0.1%	—	Unchanged
12	RSSS	Research Solutions INC	0%	—	Unchanged
13	QRHC	Quest Resource Holding CORP	0%	—	Unchanged
14	TLT	Ishares 20+ Year Treasury Bd	—	EXIT	Sold out
15	LPX	Louisiana-pacific CORP	—	EXIT	Sold out
16	PINS	Pinterest Inc- Class A	—	EXIT	Sold out
17	ZM	Zoom Communications INC	—	NEW	New buy
18	MRLN	Merlin INC	—	NEW	New buy
19	INFL	Horizon Kinetics Infl Benef	—	NEW	New buy
20	PESI	Perma-fix Environmental Svcs	—	NEW	New buy

FAQ

What is Greenhaven Road Investment Management, L.P. and what type of investor is it?

Greenhaven Road Investment Management, L.P. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $145.4M, spread across 17 disclosed positions.

What are Greenhaven Road Investment Management, L.P.'s largest equity positions?

Based on the latest 13F filing, Greenhaven Road Investment Management, L.P.'s top holdings by market value are: 1. Hagerty Inc-a (HGTY) — $25.0M (17.2%) 2. Cellebrite DI Ltd. (CLBT) — $21.2M (14.6%) 3. Kingsway CORP (KWY) — $19.3M (13.3%) 4. Ast Spacemobile INC (ASTS) — $18.7M (12.8%) 5. Lifecore Biomedical INC (LFCR) — $13.2M (9.1%)

What changes did Greenhaven Road Investment Management, L.P. make in its most recent portfolio filing?

In the latest reported quarter, Greenhaven Road Investment Management, L.P. made 17 notable position adjustments: 4 new positions were initiated, 3 existing holdings were added to, 7 positions were partially reduced, and 3 were completely exited. The largest of these moves: Sold out: Ishares 20+ Year Treasury Bd (TLT); Sold out: Louisiana-pacific CORP (LPX); Sold out: Pinterest Inc- Class A (PINS); New buy: Zoom Communications INC (ZM); New buy: Merlin INC (MRLN)

What sectors does Greenhaven Road Investment Management, L.P. focus on?

Greenhaven Road Investment Management, L.P. is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 67.7% • Financials: 32.3%