PL

Pillsbury Lake Capital LLC

Sector-focusedMomentum followerQuality / disciplined sizing

Total reported value

$221.2M

Reporting period: 2026-03-31 · Number of holdings: 32

Pillsbury Lake Capital LLC disclosed 32 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $221.2M and a quarterly turnover rate of 78.2%.

Personality snowflake

Concentration
16.81
Portfolio Stability
78.18
Momentum/Contrarian
100
Sector conviction
100
Diversification
64
Sizing Uniformity
94.03

Recent moves

  • Trim IWM

    -99.2%　-$40.4M

  • Trim GPGI

    -82.3%　-$10.0M

  • Add CRON

    +129.6%　$5.8M

  • Trim CVCO

    -38.3%　-$7.5M

  • Add SRTA

    +31.6%　$1.4M

  • Trim CRTO

    -53.7%　-$5.7M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1LINCLincoln Educational ServicesStock-Other7.00%+1.05%-46.03%
2TPBTurning Point Brands INCStock-Other6.67%+0.60%+6.13%
3BGSITHE Boyd Group INCStock-Other5.67%+1.22%+22.90%
4BBWBuild-a-bear Workshop INCStock-Other5.59%+1.09%+56.94%
5COMPCompass INC - Class AStock-Real Estate5.29%+0.37%+20.28%
6SRTAStrata Critical Medical INCStock-Other4.92%+1.60%+31.62%
7CRONCronos Group INCStock-Other4.79%+3.10%+129.64%
8LUXELuxexperience BVStock-Other4.25%-0.15%-22.04%
9ETONEton Pharmaceuticals INCStock-Other4.07%+4.07%NEW
10FLYWFlywire Corp-votingStock-Other4.06%+4.06%NEW
11PDFSPdf Solutions INCStock-Other4.00%+0.25%-28.03%
12KRUSKura Sushi USA Inc-class AStock-Other3.74%+0.93%-22.80%
13UTIUniversal Technical InstitutStock-Other3.59%+3.59%NEW
14CVCOCavco Industries INCStock-Consumer Disc3.45%-1.82%-38.25%
15HNIHni CORPStock-Other3.34%+0.24%+4.69%
16LMRILumexa Imaging Holdings INCStock-Other3.17%+3.17%NEW
17BLZEBackblaze Inc-aStock-Other3.06%+0.24%+13.43%
18CROXCrocs INCStock-Consumer Disc3.00%+3.00%NEW
19CLHClean Harbors INCStock-Industrials2.97%+1.12%+1.61%
20WLTHWealthfront CORPStock-Other2.75%+2.75%NEW
21BVBrightview Holdings INCStock-Other2.70%+0.53%+3.42%
22MAMAMama's Creations INCStock-Other2.42%+0.10%-29.32%
23LMBLimbach Holdings INCStock-Other1.99%+1.99%NEW
24INFLHorizon Kinetics Infl BenefETF-Other1.94%+1.94%NEW
25CRTOCriteo Sa-spon AdrStock-Other1.73%-1.58%-53.66%
26GPGIGpgi INCStock-Other0.84%-3.31%-82.35%
27INVEIdentiv INCStock-Other0.82%-0.45%-47.99%
28XOPSs Spdr S&p Og Exp & ProdETF-Other0.69%+0.69%NEW
29✓ Nebius Group NVStock-Other0.47%+0.47%NEW
30CBNAChain Bridge Bancorp Inc-aStock-Other0.42%+0.20%+46.89%
31FLXSFlexsteel IndsStock-Other0.37%+0.37%NEW
32IWMIshares Russell 2000 ETFETF-Small Cap0.22%-14.05%-99.22%

Holding changes this quarter

Pillsbury Lake Capital LLC's most significant position changes for 2026-03-31: Sold out: Ncr Atleos CORP (NATL); Sold out: Magnite INC (MGNI); New buy: Eton Pharmaceuticals INC (ETON); New buy: Flywire Corp-voting (FLYW); Sold out: Kilroy Realty CORP (KRC).

Position changes disclosed by Pillsbury Lake Capital LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1CRONCronos Group INC+3.1%+129.64%Add
2SRTAStrata Critical Medical INC+1.6%+31.62%Add
3BGSITHE Boyd Group INC+1.2%+22.90%Add
4CLHClean Harbors INC+1.1%+1.61%Add
5BBWBuild-a-bear Workshop INC+1.1%+56.94%Add
6LINCLincoln Educational Services+1.1%-46.03%Trim
7KRUSKura Sushi USA Inc-class A+0.9%-22.80%Trim
8TPBTurning Point Brands INC+0.6%+6.13%Add
9BVBrightview Holdings INC+0.5%+3.42%Add
10COMPCompass INC - Class A+0.4%+20.28%Add
11PDFSPdf Solutions INC+0.3%-28.03%Trim
12HNIHni CORP+0.2%+4.69%Add
13BLZEBackblaze Inc-a+0.2%+13.43%Add
14CBNAChain Bridge Bancorp Inc-a+0.2%+46.89%Add
15MAMAMama's Creations INC+0.1%-29.32%Trim
16LUXELuxexperience BV-0.2%-22.04%Trim
17INVEIdentiv INC-0.5%-47.99%Trim
18CRTOCriteo Sa-spon Adr-1.6%-53.66%Trim
19CVCOCavco Industries INC-1.8%-38.25%Trim
20GPGIGpgi INC-3.3%-82.35%Trim
21IWMIshares Russell 2000 ETF-14.1%-99.22%Trim
22NATLNcr Atleos CORP—EXITSold out
23MGNIMagnite INC—EXITSold out
24ETONEton Pharmaceuticals INC—NEWNew buy
25FLYWFlywire Corp-voting—NEWNew buy
26KRCKilroy Realty CORP—EXITSold out
27UTIUniversal Technical Institut—NEWNew buy
28LMRILumexa Imaging Holdings INC—NEWNew buy
29CROXCrocs INC—NEWNew buy
30ASRGrupo Aeroportuario Sur-adr—EXITSold out
31KSPIJsc Kaspi.kz Adr—EXITSold out
32WLTHWealthfront CORP—NEWNew buy
33LMBLimbach Holdings INC—NEWNew buy
34INFLHorizon Kinetics Infl Benef—NEWNew buy
35PINSPinterest Inc- Class A—EXITSold out
36BXSLBlackstone Secured Lending F—EXITSold out
37NXDRNextdoor Holdings INC—EXITSold out
38XOPSs Spdr S&p Og Exp & Prod—NEWNew buy
39✓ Nebius Group NV—NEWNew buy
40FLXSFlexsteel Inds—NEWNew buy
41AEYEAudioeye INC—EXITSold out

FAQ

What is Pillsbury Lake Capital LLC and what type of investor is it?
Pillsbury Lake Capital LLC 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 $221.2M, spread across 32 disclosed positions.
What are Pillsbury Lake Capital LLC's largest equity positions?
Based on the latest 13F filing, Pillsbury Lake Capital LLC's top holdings by market value are: 1. Lincoln Educational Services (LINC) — $15.5M (7.0%) 2. Turning Point Brands INC (TPB) — $14.8M (6.7%) 3. THE Boyd Group INC (BGSI) — $12.5M (5.7%) 4. Build-a-bear Workshop INC (BBW) — $12.4M (5.6%) 5. Compass INC - Class A (COMP) — $11.7M (5.3%)
What changes did Pillsbury Lake Capital LLC make in its most recent portfolio filing?
In the latest reported quarter, Pillsbury Lake Capital LLC made 41 notable position adjustments: 11 new positions were initiated, 11 existing holdings were added to, 10 positions were partially reduced, and 9 were completely exited. The largest of these moves: Sold out: Ncr Atleos CORP (NATL); Sold out: Magnite INC (MGNI); New buy: Eton Pharmaceuticals INC (ETON); New buy: Flywire Corp-voting (FLYW); Sold out: Kilroy Realty CORP (KRC)
What sectors does Pillsbury Lake Capital LLC focus on?
Pillsbury Lake Capital LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Consumer Discretionary: 43.8% • Real Estate: 36.0% • Industrials: 20.2%