GRIZZLYROCK CAPITAL, LLC Diversified Active

CIK: 0002011732 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $133,576 (100.0% shares, 0.0% debt)

Holdings (22)

New Positions (5)

XPOF XPONENTIAL FITNESS INC 6.0%

Value ($000) $8,018 Shares 974,184 Est. Cost $7.10 Unrealized 0.0%

JBI JANUS INTERNATIONAL GROUP IN 1.4%

Value ($000) $1,823 Shares 278,760 Est. Cost $7.79 Unrealized 0.0%

GLNG GOLAR LNG LTD 1.0%

Value ($000) $1,302 Shares 35,000 Est. Cost $38.10 Unrealized 0.0%

NX QUANEX BLDG PRODS CORP 0.9%

Value ($000) $1,159 Shares 75,358 Est. Cost $14.08 Unrealized 0.0%

MOH MOLINA HEALTHCARE INC 0.3%

Value ($000) $347 Shares 2,000 Est. Cost $164.37 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XPOF	XPONENTIAL FITNESS INC	974,184	$8,018	6.0%	$7.10	0.0%	COM CL A	98422X101
JBI	JANUS INTERNATIONAL GROUP IN	278,760	$1,823	1.4%	$7.79	0.0%	COMMON STOCK	47103N106
GLNG	GOLAR LNG LTD	35,000	$1,302	1.0%	$38.10	0.0%	SHS	G9456A100
NX	QUANEX BLDG PRODS CORP	75,358	$1,159	0.9%	$14.08	0.0%	COM	747619104
MOH	MOLINA HEALTHCARE INC	2,000	$347	0.3%	$164.37	0.0%	COM	60855R100

Increased Positions (5)

EEFT EURONET WORLDWIDE INC 7.2%

Value ($000) $9,614 (+444.7%) Shares 126,315 (+528.4%) Est. Cost $80.81 Unrealized -3.5%

AMN AMN HEALTHCARE SVCS INC 6.6%

Value ($000) $8,755 (-15.9%) Shares 555,526 (+3.3%) Est. Cost $21.76 Unrealized -18.0%

MATW MATTHEWS INTL CORP 3.4%

Value ($000) $4,521 (+39.9%) Shares 173,075 (+30.1%) Est. Cost $21.79 Unrealized +10.9%

MGNI MAGNITE INC 6.9%

Value ($000) $9,282 (+9.0%) Shares 571,906 (+46.3%) Est. Cost $11.72 Unrealized +41.6%

ACVA ACV AUCTIONS INC 5.0%

Value ($000) $6,731 (+9.8%) Shares 839,258 (+35.7%) Est. Cost $11.56 Unrealized -30.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EEFT	EURONET WORLDWIDE INC	126,315 (+528.4%)	$9,614 (+444.7%)	7.2%	$80.81	-3.5%	COM	298736109
AMN	AMN HEALTHCARE SVCS INC	555,526 (+3.3%)	$8,755 (-15.9%)	6.6%	$21.76	-18.0%	COM	001744101
MATW	MATTHEWS INTL CORP	173,075 (+30.1%)	$4,521 (+39.9%)	3.4%	$21.79	+10.9%	CL A	577128101
MGNI	MAGNITE INC	571,906 (+46.3%)	$9,282 (+9.0%)	6.9%	$11.72	+41.6%	COM	55955D100
ACVA	ACV AUCTIONS INC	839,258 (+35.7%)	$6,731 (+9.8%)	5.0%	$11.56	-30.0%	COM CL A	00091G104

Exited Positions (6)

GRFS GRIFOLS S A 1.6%

Value ($000) $2,072 Shares 208,000 Est. Cost $9.23 Unrealized —

XPER XPERI INC 0.8%

Value ($000) $1,032 Shares 159,300 Est. Cost $8.95 Unrealized -29.9%

— INTEGRAL AD SCIENCE HLDNG CO 0.5%

Value ($000) $623 Shares 61,250 Est. Cost $8.31 Unrealized —

EFXT ENERFLEX LTD 0.2%

Value ($000) $259 Shares 24,000 Est. Cost $7.43 Unrealized +78.9%

OPAL OPAL FUELS INC 0.1%

Value ($000) $179 Shares 81,500 Est. Cost $5.31 Unrealized -54.7%

HLX HELIX ENERGY SOLUTIONS GRP I 0.0%

Value ($000) $66 Shares 10,000 Est. Cost $6.62 Unrealized +0.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GRFS	GRIFOLS S A	208,000	$2,072	1.6%	$9.23	—	—	398438408
XPER	XPERI INC	159,300	$1,032	0.8%	$8.95	-29.9%	—	98423J101
—	INTEGRAL AD SCIENCE HLDNG CO	61,250	$623	0.5%	$8.31	—	—	45828L108
EFXT	ENERFLEX LTD	24,000	$259	0.2%	$7.43	+78.9%	—	29269R105
OPAL	OPAL FUELS INC	81,500	$179	0.1%	$5.31	-54.7%	—	68347P103
HLX	HELIX ENERGY SOLUTIONS GRP I	10,000	$66	0.0%	$6.62	+0.3%	—	42330P107

Decreased Positions (8)

TDW TIDEWATER INC NEW 1.4%

Value ($000) $1,875 (-73.2%) Shares 37,115 (-71.7%) Est. Cost $50.61 Unrealized +4.4%

OLN OLIN CORP 2.6%

Value ($000) $3,499 (-53.8%) Shares 168,000 (-44.6%) Est. Cost $21.88 Unrealized -2.0%

PRGO PERRIGO CO PLC 2.9%

Value ($000) $3,922 (-41.6%) Shares 281,745 (-6.6%) Est. Cost $29.37 Unrealized -43.2%

DRVN DRIVEN BRANDS HLDGS INC 5.8%

Value ($000) $7,717 (-21.6%) Shares 520,688 (-14.8%) Est. Cost $12.77 Unrealized +16.5%

OEC ORION S.A. 0.7%

Value ($000) $957 (-38.8%) Shares 181,262 (-12.1%) Est. Cost $22.24 Unrealized -75.6%

RYI RYERSON HLDG CORP 5.2%

Value ($000) $6,909 (+3.1%) Shares 274,596 (-6.3%) Est. Cost $22.49 Unrealized +2.2%

DAR DARLING INGREDIENTS INC 6.0%

Value ($000) $8,028 (-1.4%) Shares 223,000 (-15.4%) Est. Cost $34.51 Unrealized -1.9%

GSM FERROGLOBE PLC 14.2%

Value ($000) $18,911 (+0.1%) Shares 4,075,742 (-1.9%) Est. Cost $4.98 Unrealized -7.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TDW	TIDEWATER INC NEW	37,115 (-71.7%)	$1,875 (-73.2%)	1.4%	$50.61	+4.4%	COM	88642R109
OLN	OLIN CORP	168,000 (-44.6%)	$3,499 (-53.8%)	2.6%	$21.88	-2.0%	COM PAR $1	680665205
PRGO	PERRIGO CO PLC	281,745 (-6.6%)	$3,922 (-41.6%)	2.9%	$29.37	-43.2%	SHS	G97822103
DRVN	DRIVEN BRANDS HLDGS INC	520,688 (-14.8%)	$7,717 (-21.6%)	5.8%	$12.77	+16.5%	COM	26210V102
OEC	ORION S.A.	181,262 (-12.1%)	$957 (-38.8%)	0.7%	$22.24	-75.6%	COM	L72967109
RYI	RYERSON HLDG CORP	274,596 (-6.3%)	$6,909 (+3.1%)	5.2%	$22.49	+2.2%	COM	783754104
DAR	DARLING INGREDIENTS INC	223,000 (-15.4%)	$8,028 (-1.4%)	6.0%	$34.51	-1.9%	COM	237266101
GSM	FERROGLOBE PLC	4,075,742 (-1.9%)	$18,911 (+0.1%)	14.2%	$4.98	-7.5%	SHS	G33856108

Unchanged Positions (4)

AMTM AMENTUM HOLDINGS INC 6.2%

Value ($000) $8,268 Shares 285,113 Est. Cost $20.95 Unrealized +22.0%

ROG ROGERS CORP 4.5%

Value ($000) $6,025 Shares 65,794 Est. Cost $71.20 Unrealized +20.6%

GEL GENESIS ENERGY L P 7.4%

Value ($000) $9,833 Shares 630,346 Est. Cost $15.69 Unrealized —

LFCR LIFECORE BIOMEDICAL INC 4.6%

Value ($000) $6,080 Shares 743,241 Est. Cost $6.74 Unrealized +9.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMTM	AMENTUM HOLDINGS INC	285,113	$8,268	6.2%	$20.95	+22.0%	COM	023939101
ROG	ROGERS CORP	65,794	$6,025	4.5%	$71.20	+20.6%	COM	775133101
GEL	GENESIS ENERGY L P	630,346	$9,833	7.4%	$15.69	—	UNIT LTD PARTN	371927104
LFCR	LIFECORE BIOMEDICAL INC	743,241	$6,080	4.6%	$6.74	+9.7%	COM	514766104