SPRUCE HOUSE INVESTMENT MANAGEMENT LLC Long-Term Concentrated

CIK: 0001543170 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $3,870,808 (100.0% shares, 0.0% debt)

Holdings (10)

APP APPLOVIN CORP 38.2%

Value ($000) $1,478,054 Shares 2,057,024 Est. Cost $54.58 Unrealized +744.9%

CVNA CARVANA CO 35.2%

Value ($000) $1,361,568 Shares 3,609,288 Est. Cost $40.91 Unrealized +774.2%

W WAYFAIR INC 6.7%

Value ($000) $261,187 Shares 2,923,845 Est. Cost $63.55 Unrealized +15.3%

CIGI COLLIERS INTL GROUP INC 5.3%

Value ($000) $203,437 Shares 1,301,133 Est. Cost $56.27 Unrealized +173.0%

GXO GXO LOGISTICS INCORPORATED 4.4%

Value ($000) $171,893 Shares 3,250,000 Est. Cost $47.44 Unrealized +8.4%

CMPR CIMPRESS PLC 3.4%

Value ($000) $129,793 Shares 2,058,904 Est. Cost $129.96 Unrealized -56.9%

CPAY CORPAY INC 3.2%

Value ($000) $122,426 Shares 425,000 Est. Cost $318.77 Unrealized 0.0%

CNM CORE & MAIN INC 3.0%

Value ($000) $115,735 Shares 2,150,000 Est. Cost $49.17 Unrealized +23.2%

QXO QXO INC 0.4%

Value ($000) $15,496 Shares 813,009 Est. Cost $13.60 Unrealized +52.2%

DKNG DRAFTKINGS INC NEW 0.3%

Value ($000) $11,220 Shares 300,000 Est. Cost $39.68 Unrealized +11.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
APP	APPLOVIN CORP	2,057,024	$1,478,054	38.2%	$54.58	+744.9%	COM CL A	03831W108
CVNA	CARVANA CO	3,609,288	$1,361,568	35.2%	$40.91	+774.2%	CL A	146869102
W	WAYFAIR INC	2,923,845	$261,187	6.7%	$63.55	+15.3%	CL A	94419L101
CIGI	COLLIERS INTL GROUP INC	1,301,133	$203,437	5.3%	$56.27	+173.0%	SUB VTG SHS	194693107
GXO	GXO LOGISTICS INCORPORATED	3,250,000	$171,893	4.4%	$47.44	+8.4%	COMMON STOCK	36262G101
CMPR	CIMPRESS PLC	2,058,904	$129,793	3.4%	$129.96	-56.9%	SHS EURO	G2143T103
CPAY	CORPAY INC	425,000	$122,426	3.2%	$318.77	0.0%	COM SHS	219948106
CNM	CORE & MAIN INC	2,150,000	$115,735	3.0%	$49.17	+23.2%	CL A	21874C102
QXO	QXO INC	813,009	$15,496	0.4%	$13.60	+52.2%	COM NEW	82846H405
DKNG	DRAFTKINGS INC NEW	300,000	$11,220	0.3%	$39.68	+11.7%	COM CL A	26142V105