Divisar Capital Management LLC Long-Term Concentrated

Location: San Francisco, CA

CIK: 0001645721 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value: $368M (100.0% shares, 0.0% debt)

Holdings (25)

LITE LUMENTUM HLDGS INC 9.0%

Value $33.18M Shares 203,915 Est. Cost $59.57 Unrealized +109.3%

ADTN ADTRAN HOLDINGS INC 8.2%

Value $30.14M Shares 3,213,090 Est. Cost $7.26 Unrealized +28.3%

UCTT ULTRA CLEAN HLDGS INC 7.8%

Value $28.68M Shares 1,052,554 Est. Cost $32.20 Unrealized -23.6%

PII POLARIS INC 7.1%

Value $26.04M Shares 447,905 Est. Cost $50.20 Unrealized +7.4%

KLIC KULICKE & SOFFA INDS INC 7.0%

Value $25.64M Shares 630,833 Est. Cost $37.15 Unrealized -1.1%

CMRC COMMERCE.COM INC. 6.3%

Value $23.01M Shares 4,610,948 Est. Cost $5.96 Unrealized -19.3%

ONTO ONTO INNOVATION INC 6.2%

Value $22.62M Shares 175,088 Est. Cost $109.55 Unrealized -2.3%

BC BRUNSWICK CORP 5.5%

Value $20.11M Shares 317,992 Est. Cost $69.61 Unrealized -11.8%

OEC ORION S.A. 5.1%

Value $18.57M Shares 2,450,414 Est. Cost $15.65 Unrealized -35.4%

MCFT MASTERCRAFT BOAT HLDGS INC 5.0%

Value $18.47M Shares 860,495 Est. Cost $20.75 Unrealized +0.6%

PDFS PDF SOLUTIONS INC 4.8%

Value $17.66M Shares 684,082 Est. Cost $26.34 Unrealized -17.1%

LASR NLIGHT INC 4.6%

Value $17.05M Shares 575,443 Est. Cost $11.48 Unrealized +115.9%

CALX CALIX INC 4.1%

Value $14.98M Shares 244,088 Est. Cost $32.93 Unrealized +74.9%

ZUMZ ZUMIEZ INC 3.7%

Value $13.64M Shares 695,737 Est. Cost $20.11 Unrealized -17.9%

— VIMEO INC 2.6%

Value $9.607M Shares 1,239,652 Est. Cost $4.10 Unrealized —

RXO RXO INC 2.2%

Value $8.243M Shares 535,942 Est. Cost $21.34 Unrealized -24.5%

MKSI MKS INC. 2.1%

Value $7.674M Shares 62,000 Est. Cost $84.96 Unrealized +25.1%

ANF ABERCROMBIE & FITCH CO 1.9%

Value $6.966M Shares 81,424 Est. Cost $89.90 Unrealized +3.8%

BOX BOX INC 1.4%

Value $5.219M Shares 161,743 Est. Cost $26.19 Unrealized +23.6%

COHU COHU INC 1.3%

Value $4.877M Shares 239,894 Est. Cost $31.62 Unrealized -36.2%

TTMI TTM TECHNOLOGIES INC 1.0%

Value $3.802M Shares 66,004 Est. Cost $46.47 Unrealized 0.0%

NVRI ENVIRI CORP 1.0%

Value $3.678M Shares 289,841 Est. Cost $7.27 Unrealized +42.3%

SFIX STITCH FIX INC 0.9%

Value $3.4M Shares 781,581 Est. Cost $3.89 Unrealized +27.0%

FN FABRINET 0.8%

Value $3.052M Shares 8,370 Est. Cost $56.90 Unrealized +478.6%

VIAV VIAVI SOLUTIONS INC 0.3%

Value $1.269M Shares 100,000 Est. Cost $11.00 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LITE	LUMENTUM HLDGS INC	203,915	$33.18M	9.0%	$59.57	+109.3%	COM	55024U109
ADTN	ADTRAN HOLDINGS INC	3,213,090	$30.14M	8.2%	$7.26	+28.3%	COM	00486H105
UCTT	ULTRA CLEAN HLDGS INC	1,052,554	$28.68M	7.8%	$32.20	-23.6%	COM	90385V107
PII	POLARIS INC	447,905	$26.04M	7.1%	$50.20	+7.4%	COM	731068102
KLIC	KULICKE & SOFFA INDS INC	630,833	$25.64M	7.0%	$37.15	-1.1%	COM	501242101
CMRC	COMMERCE.COM INC.	4,610,948	$23.01M	6.3%	$5.96	-19.3%	COM SER 1	08975P108
ONTO	ONTO INNOVATION INC	175,088	$22.62M	6.2%	$109.55	-2.3%	COM	683344105
BC	BRUNSWICK CORP	317,992	$20.11M	5.5%	$69.61	-11.8%	COM	117043109
OEC	ORION S.A.	2,450,414	$18.57M	5.1%	$15.65	-35.4%	COM	L72967109
MCFT	MASTERCRAFT BOAT HLDGS INC	860,495	$18.47M	5.0%	$20.75	+0.6%	COM	57637H103
PDFS	PDF SOLUTIONS INC	684,082	$17.66M	4.8%	$26.34	-17.1%	COM	693282105
LASR	NLIGHT INC	575,443	$17.05M	4.6%	$11.48	+115.9%	COM	65487K100
CALX	CALIX INC	244,088	$14.98M	4.1%	$32.93	+74.9%	COM	13100M509
ZUMZ	ZUMIEZ INC	695,737	$13.64M	3.7%	$20.11	-17.9%	COM	989817101
—	VIMEO INC	1,239,652	$9.607M	2.6%	$4.10	—	COMMON STOCK	92719V100
RXO	RXO INC	535,942	$8.243M	2.2%	$21.34	-24.5%	COMMON STOCK	74982T103
MKSI	MKS INC.	62,000	$7.674M	2.1%	$84.96	+25.1%	COM	55306N104
ANF	ABERCROMBIE & FITCH CO	81,424	$6.966M	1.9%	$89.90	+3.8%	CL A	002896207
BOX	BOX INC	161,743	$5.219M	1.4%	$26.19	+23.6%	CL A	10316T104
COHU	COHU INC	239,894	$4.877M	1.3%	$31.62	-36.2%	COM	192576106
TTMI	TTM TECHNOLOGIES INC	66,004	$3.802M	1.0%	$46.47	0.0%	COM	87305R109
NVRI	ENVIRI CORP	289,841	$3.678M	1.0%	$7.27	+42.3%	COM	415864107
SFIX	STITCH FIX INC	781,581	$3.4M	0.9%	$3.89	+27.0%	COM CL A	860897107
FN	FABRINET	8,370	$3.052M	0.8%	$56.90	+478.6%	SHS	G3323L100
VIAV	VIAVI SOLUTIONS INC	100,000	$1.269M	0.3%	$11.00	0.0%	COM	925550105