Divisar Capital Management LLC Long-Term Concentrated

Location: San Francisco, CA

CIK: 0001645721 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $356M (100.0% shares, 0.0% debt)

Holdings (26)

ONTO ONTO INNOVATION INC 9.4%

Value $33.53M Shares 212,403 Est. Cost $115.25 Unrealized +23.2%

LITE LUMENTUM HLDGS INC 9.0%

Value $32.08M Shares 87,029 Est. Cost $59.57 Unrealized +331.1%

ADTN ADTRAN HOLDINGS INC 7.3%

Value $25.95M Shares 2,986,302 Est. Cost $7.26 Unrealized +19.5%

PII POLARIS INC 7.2%

Value $25.59M Shares 404,553 Est. Cost $50.20 Unrealized +31.2%

UCTT ULTRA CLEAN HLDGS INC 6.8%

Value $24.05M Shares 949,328 Est. Cost $32.20 Unrealized -17.4%

BC BRUNSWICK CORP 6.4%

Value $22.92M Shares 308,770 Est. Cost $69.61 Unrealized -3.0%

KLIC KULICKE & SOFFA INDS INC 6.2%

Value $21.92M Shares 481,021 Est. Cost $37.15 Unrealized +13.3%

PDFS PDF SOLUTIONS INC 6.1%

Value $21.68M Shares 759,815 Est. Cost $26.47 Unrealized +4.5%

CALX CALIX INC 4.5%

Value $15.88M Shares 299,963 Est. Cost $37.65 Unrealized +54.7%

CMRC COMMERCE.COM INC. 4.4%

Value $15.56M Shares 3,776,896 Est. Cost $5.96 Unrealized -22.6%

OEC ORION S.A. 4.1%

Value $14.48M Shares 2,742,356 Est. Cost $14.56 Unrealized -62.8%

MCFT MASTERCRAFT BOAT HLDGS INC 3.9%

Value $13.75M Shares 726,876 Est. Cost $20.75 Unrealized -4.9%

MKSI MKS INC. 3.5%

Value $12.38M Shares 77,501 Est. Cost $97.61 Unrealized +51.8%

LASR NLIGHT INC 3.0%

Value $10.82M Shares 288,438 Est. Cost $11.48 Unrealized +190.9%

TTMI TTM TECHNOLOGIES INC 2.7%

Value $9.476M Shares 137,339 Est. Cost $56.24 Unrealized +16.1%

ANF ABERCROMBIE & FITCH CO 2.0%

Value $7.025M Shares 55,808 Est. Cost $89.90 Unrealized -2.7%

RXO RXO INC 2.0%

Value $7.015M Shares 555,009 Est. Cost $21.12 Unrealized -30.1%

ZUMZ ZUMIEZ INC 1.9%

Value $6.75M Shares 259,102 Est. Cost $20.11 Unrealized +19.5%

THRM GENTHERM INC 1.6%

Value $5.782M Shares 158,972 Est. Cost $36.01 Unrealized 0.0%

BOX BOX INC 1.6%

Value $5.625M Shares 188,049 Est. Cost $26.91 Unrealized +16.6%

COHU COHU INC 1.4%

Value $5.053M Shares 217,160 Est. Cost $31.62 Unrealized -27.5%

VERX VERTEX INC 1.4%

Value $4.992M Shares 250,000 Est. Cost $21.63 Unrealized 0.0%

WEAV WEAVE COMMUNICATIONS INC 1.2%

Value $4.406M Shares 580,497 Est. Cost $6.64 Unrealized 0.0%

FN FABRINET 1.0%

Value $3.446M Shares 7,570 Est. Cost $56.90 Unrealized +664.5%

VIAV VIAVI SOLUTIONS INC 1.0%

Value $3.4M Shares 190,805 Est. Cost $13.45 Unrealized +20.1%

SFIX STITCH FIX INC 0.7%

Value $2.402M Shares 457,585 Est. Cost $3.89 Unrealized +17.3%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ONTO	ONTO INNOVATION INC	212,403	$33.53M	9.4%	$115.25	+23.2%	COM	683344105
LITE	LUMENTUM HLDGS INC	87,029	$32.08M	9.0%	$59.57	+331.1%	COM	55024U109
ADTN	ADTRAN HOLDINGS INC	2,986,302	$25.95M	7.3%	$7.26	+19.5%	COM	00486H105
PII	POLARIS INC	404,553	$25.59M	7.2%	$50.20	+31.2%	COM	731068102
UCTT	ULTRA CLEAN HLDGS INC	949,328	$24.05M	6.8%	$32.20	-17.4%	COM	90385V107
BC	BRUNSWICK CORP	308,770	$22.92M	6.4%	$69.61	-3.0%	COM	117043109
KLIC	KULICKE & SOFFA INDS INC	481,021	$21.92M	6.2%	$37.15	+13.3%	COM	501242101
PDFS	PDF SOLUTIONS INC	759,815	$21.68M	6.1%	$26.47	+4.5%	COM	693282105
CALX	CALIX INC	299,963	$15.88M	4.5%	$37.65	+54.7%	COM	13100M509
CMRC	COMMERCE.COM INC.	3,776,896	$15.56M	4.4%	$5.96	-22.6%	COM SER 1	08975P108
OEC	ORION S.A.	2,742,356	$14.48M	4.1%	$14.56	-62.8%	COM	L72967109
MCFT	MASTERCRAFT BOAT HLDGS INC	726,876	$13.75M	3.9%	$20.75	-4.9%	COM	57637H103
MKSI	MKS INC.	77,501	$12.38M	3.5%	$97.61	+51.8%	COM	55306N104
LASR	NLIGHT INC	288,438	$10.82M	3.0%	$11.48	+190.9%	COM	65487K100
TTMI	TTM TECHNOLOGIES INC	137,339	$9.476M	2.7%	$56.24	+16.1%	COM	87305R109
ANF	ABERCROMBIE & FITCH CO	55,808	$7.025M	2.0%	$89.90	-2.7%	CL A	002896207
RXO	RXO INC	555,009	$7.015M	2.0%	$21.12	-30.1%	COMMON STOCK	74982T103
ZUMZ	ZUMIEZ INC	259,102	$6.75M	1.9%	$20.11	+19.5%	COM	989817101
THRM	GENTHERM INC	158,972	$5.782M	1.6%	$36.01	0.0%	COM	37253A103
BOX	BOX INC	188,049	$5.625M	1.6%	$26.91	+16.6%	CL A	10316T104
COHU	COHU INC	217,160	$5.053M	1.4%	$31.62	-27.5%	COM	192576106
VERX	VERTEX INC	250,000	$4.992M	1.4%	$21.63	0.0%	CL A	92538J106
WEAV	WEAVE COMMUNICATIONS INC	580,497	$4.406M	1.2%	$6.64	0.0%	COM	94724R108
FN	FABRINET	7,570	$3.446M	1.0%	$56.90	+664.5%	SHS	G3323L100
VIAV	VIAVI SOLUTIONS INC	190,805	$3.4M	1.0%	$13.45	+20.1%	COM	925550105
SFIX	STITCH FIX INC	457,585	$2.402M	0.7%	$3.89	+17.3%	COM CL A	860897107