Fund 1 Investments, LLC Hedge Fund

Location: Rincon, Puerto Rico

CIK: 0001959730 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 15, 2024

Total Value: $930M (100.0% shares, 0.0% debt)

Holdings (46)

XRT SPDR SER TR 17.0%

Value $158M Shares 2,000,000 Est. Cost — Unrealized —

QQQ INVESCO QQQ TR 9.6%

Value $88.8M Shares 200,000 Est. Cost — Unrealized —

BJRI BJS RESTAURANTS INC 9.0%

Value $83.27M Shares 2,301,476 Est. Cost $30.87 Unrealized +12.6%

— HIBBETT INC 9.0%

Value $83.23M Shares 1,083,542 Est. Cost $74.13 Unrealized —

TPR TAPESTRY INC 5.8%

Value $54.3M Shares 1,143,674 Est. Cost $37.35 Unrealized +10.0%

TLYS TILLYS INC 5.6%

Value $52.21M Shares 7,678,145 Est. Cost $8.28 Unrealized -11.8%

TPR TAPESTRY INC 5.1%

Value $47.48M Shares 1,000,000 Est. Cost $37.35 Unrealized +10.0%

— TILE SHOP HLDGS INC 5.0%

Value $46.64M Shares 6,634,315 Est. Cost $5.35 Unrealized —

CTRN CITI TRENDS INC 4.9%

Value $45.49M Shares 1,676,664 Est. Cost $22.80 Unrealized +26.4%

SN SHARKNINJA INC 3.3%

Value $31.14M Shares 500,000 Est. Cost $42.69 Unrealized +23.9%

FLWS 1 800 FLOWERS COM INC 3.3%

Value $30.97M Shares 2,859,295 Est. Cost $9.54 Unrealized +7.6%

DXLG DESTINATION XL GROUP INC 2.3%

Value $21.44M Shares 5,954,290 Est. Cost $4.94 Unrealized -20.5%

VRA VERA BRADLEY INC 2.3%

Value $20.93M Shares 3,077,859 Est. Cost $6.43 Unrealized +14.0%

FNKO FUNKO INC 2.1%

Value $19.81M Shares 3,175,022 Est. Cost $7.15 Unrealized -1.8%

AMZN AMAZON COM INC 1.9%

Value $18.04M Shares 100,000 Est. Cost $138.81 Unrealized +20.3%

CROX CROCS INC 1.3%

Value $11.97M Shares 83,231 Est. Cost $113.94 Unrealized 0.0%

LOCO EL POLLO LOCO HLDGS INC 1.2%

Value $10.88M Shares 1,116,736 Est. Cost $8.69 Unrealized +3.6%

PAR PAR TECHNOLOGY CORP 1.0%

Value $9.389M Shares 206,985 Est. Cost $44.19 Unrealized 0.0%

CCL CARNIVAL CORP 0.9%

Value $8.652M Shares 529,500 Est. Cost $16.27 Unrealized 0.0%

— ZUORA INC 0.9%

Value $8.393M Shares 920,248 Est. Cost $9.12 Unrealized —

SNAP SNAP INC 0.9%

Value $8.036M Shares 700,000 Est. Cost $13.41 Unrealized 0.0%

OXY OCCIDENTAL PETE CORP 0.8%

Value $7.799M Shares 120,000 Est. Cost $59.53 Unrealized -3.3%

SNAP SNAP INC 0.8%

Value $7.244M Shares 631,000 Est. Cost $13.41 Unrealized 0.0%

JILL J JILL INC 0.6%

Value $5.334M Shares 166,832 Est. Cost $23.04 Unrealized +7.4%

HLF HERBALIFE LTD 0.5%

Value $5.025M Shares 500,000 Est. Cost $17.07 Unrealized -37.0%

CURV TORRID HLDGS INC 0.5%

Value $4.756M Shares 974,619 Est. Cost $4.61 Unrealized +6.9%

PLCE CHILDRENS PL INC NEW 0.5%

Value $4.616M Shares 400,000 Est. Cost — Unrealized —

VNCE VINCE HLDG CORP 0.4%

Value $4.04M Shares 1,242,976 Est. Cost $7.61 Unrealized -56.5%

DLTR DOLLAR TREE INC 0.4%

Value $3.968M Shares 29,800 Est. Cost $137.66 Unrealized 0.0%

CVNA CARVANA CO 0.4%

Value $3.516M Shares 40,000 Est. Cost $61.03 Unrealized 0.0%

RRGB RED ROBIN GOURMET BURGERS INC 0.4%

Value $3.422M Shares 446,718 Est. Cost $9.86 Unrealized -6.7%

ANGO ANGIODYNAMICS INC 0.3%

Value $3.122M Shares 531,891 Est. Cost $6.87 Unrealized -13.5%

FNKO FUNKO INC 0.3%

Value $3.12M Shares 500,000 Est. Cost $7.15 Unrealized -1.8%

HLF HERBALIFE LTD 0.3%

Value $3.065M Shares 305,000 Est. Cost $17.07 Unrealized -37.0%

TWLO TWILIO INC 0.3%

Value $3.056M Shares 49,969 Est. Cost $65.86 Unrealized 0.0%

— SMARTSHEET INC 0.2%

Value $1.879M Shares 48,806 Est. Cost $38.50 Unrealized —

PRGO PERRIGO CO PLC 0.2%

Value $1.543M Shares 47,949 Est. Cost $29.89 Unrealized +5.5%

VFC V F CORP 0.1%

Value $1.151M Shares 75,000 Est. Cost $16.09 Unrealized 0.0%

CDLX CARDLYTICS INC 0.1%

Value $971K Shares 67,018 Est. Cost $8.44 Unrealized 0.0%

BORR BORR DRILLING LTD 0.1%

Value $932K Shares 136,000 Est. Cost $6.60 Unrealized -7.6%

TV GRUPO TELEVISA S A B 0.1%

Value $640K Shares 200,000 Est. Cost $3.34 Unrealized —

STKS THE ONE GROUP HOSPITALITY INC 0.0%

Value $447K Shares 80,275 Est. Cost $5.87 Unrealized —

TTI TETRA TECHNOLOGIES INC DEL 0.0%

Value $443K Shares 100,000 Est. Cost $5.05 Unrealized -17.7%

ZUMZ ZUMIEZ INC 0.0%

Value $310K Shares 20,400 Est. Cost $17.76 Unrealized -3.9%

SFIX STITCH FIX INC 0.0%

Value $264K Shares 100,000 Est. Cost $3.63 Unrealized -15.2%

FOSL FOSSIL GROUP INC 0.0%

Value $103K Shares 100,621 Est. Cost $3.52 Unrealized -68.3%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XRT	SPDR SER TR	2,000,000	$158M	17.0%	—	—	Put	78464A714
QQQ	INVESCO QQQ TR	200,000	$88.8M	9.6%	—	—	Put	46090E103
BJRI	BJS RESTAURANTS INC	2,301,476	$83.27M	9.0%	$30.87	+12.6%	COM	09180C106
—	HIBBETT INC	1,083,542	$83.23M	9.0%	$74.13	—	COM	428567101
TPR	TAPESTRY INC	1,143,674	$54.3M	5.8%	$37.35	+10.0%	COM	876030107
TLYS	TILLYS INC	7,678,145	$52.21M	5.6%	$8.28	-11.8%	CL A	886885102
TPR	TAPESTRY INC	1,000,000	$47.48M	5.1%	$37.35	+10.0%	Call	876030107
—	TILE SHOP HLDGS INC	6,634,315	$46.64M	5.0%	$5.35	—	COM	88677Q109
CTRN	CITI TRENDS INC	1,676,664	$45.49M	4.9%	$22.80	+26.4%	COM	17306X102
SN	SHARKNINJA INC	500,000	$31.14M	3.3%	$42.69	+23.9%	COM SHS	G8068L108
FLWS	1 800 FLOWERS COM INC	2,859,295	$30.97M	3.3%	$9.54	+7.6%	CL A	68243Q106
DXLG	DESTINATION XL GROUP INC	5,954,290	$21.44M	2.3%	$4.94	-20.5%	COM	25065K104
VRA	VERA BRADLEY INC	3,077,859	$20.93M	2.3%	$6.43	+14.0%	COM	92335C106
FNKO	FUNKO INC	3,175,022	$19.81M	2.1%	$7.15	-1.8%	COM CL A	361008105
AMZN	AMAZON COM INC	100,000	$18.04M	1.9%	$138.81	+20.3%	COM	023135106
CROX	CROCS INC	83,231	$11.97M	1.3%	$113.94	0.0%	COM	227046109
LOCO	EL POLLO LOCO HLDGS INC	1,116,736	$10.88M	1.2%	$8.69	+3.6%	COM	268603107
PAR	PAR TECHNOLOGY CORP	206,985	$9.389M	1.0%	$44.19	0.0%	COM	698884103
CCL	CARNIVAL CORP	529,500	$8.652M	0.9%	$16.27	0.0%	UNIT 99/99/9999	143658300
—	ZUORA INC	920,248	$8.393M	0.9%	$9.12	—	COM CL A	98983V106
SNAP	SNAP INC	700,000	$8.036M	0.9%	$13.41	0.0%	Call	83304A106
OXY	OCCIDENTAL PETE CORP	120,000	$7.799M	0.8%	$59.53	-3.3%	COM	674599105
SNAP	SNAP INC	631,000	$7.244M	0.8%	$13.41	0.0%	CL A	83304A106
JILL	J JILL INC	166,832	$5.334M	0.6%	$23.04	+7.4%	COM	46620W201
HLF	HERBALIFE LTD	500,000	$5.025M	0.5%	$17.07	-37.0%	Call	G4412G101
CURV	TORRID HLDGS INC	974,619	$4.756M	0.5%	$4.61	+6.9%	COM	89142B107
PLCE	CHILDRENS PL INC NEW	400,000	$4.616M	0.5%	—	—	Put	168905107
VNCE	VINCE HLDG CORP	1,242,976	$4.04M	0.4%	$7.61	-56.5%	COM NEW	92719W207
DLTR	DOLLAR TREE INC	29,800	$3.968M	0.4%	$137.66	0.0%	COM	256746108
CVNA	CARVANA CO	40,000	$3.516M	0.4%	$61.03	0.0%	CL A	146869102
RRGB	RED ROBIN GOURMET BURGERS INC	446,718	$3.422M	0.4%	$9.86	-6.7%	COM	75689M101
ANGO	ANGIODYNAMICS INC	531,891	$3.122M	0.3%	$6.87	-13.5%	COM	03475V101
FNKO	FUNKO INC	500,000	$3.12M	0.3%	$7.15	-1.8%	Call	361008105
HLF	HERBALIFE LTD	305,000	$3.065M	0.3%	$17.07	-37.0%	COM SHS	G4412G101
TWLO	TWILIO INC	49,969	$3.056M	0.3%	$65.86	0.0%	CL A	90138F102
—	SMARTSHEET INC	48,806	$1.879M	0.2%	$38.50	—	COM CL A	83200N103
PRGO	PERRIGO CO PLC	47,949	$1.543M	0.2%	$29.89	+5.5%	SHS	G97822103
VFC	V F CORP	75,000	$1.151M	0.1%	$16.09	0.0%	COM	918204108
CDLX	CARDLYTICS INC	67,018	$971K	0.1%	$8.44	0.0%	COM	14161W105
BORR	BORR DRILLING LTD	136,000	$932K	0.1%	$6.60	-7.6%	SHS	G1466R173
TV	GRUPO TELEVISA S A B	200,000	$640K	0.1%	$3.34	—	SPON ADR REP ORD	40049J206
STKS	THE ONE GROUP HOSPITALITY INC	80,275	$447K	0.0%	$5.87	—	COM	88338K103
TTI	TETRA TECHNOLOGIES INC DEL	100,000	$443K	0.0%	$5.05	-17.7%	COM	88162F105
ZUMZ	ZUMIEZ INC	20,400	$310K	0.0%	$17.76	-3.9%	COM	989817101
SFIX	STITCH FIX INC	100,000	$264K	0.0%	$3.63	-15.2%	COM CL A	860897107
FOSL	FOSSIL GROUP INC	100,621	$103K	0.0%	$3.52	-68.3%	COM	34988V106