Tyro Capital Management LLC Quant / Systematic

CIK: 0001915395 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $540,557 (100.0% shares, 0.0% debt)

Holdings (14)

New Positions (8)

CRH CRH PLC 23.1%

Value ($000) $124,800 Shares 1,000,000 Est. Cost $75.59 Unrealized +57.6%

ESTA ESTABLISHMENT LABS HLDGS INC 13.5%

Value ($000) $72,880 Shares 1,000,000 Est. Cost $37.32 Unrealized +61.8%

SPRY ARS PHARMACEUTICALS INC 4.3%

Value ($000) $23,240 Shares 1,994,852 Est. Cost $9.72 Unrealized 0.0%

CCOI COGENT COMMUNICATIONS HLDGS 4.0%

Value ($000) $21,560 Shares 1,000,000 Est. Cost $53.01 Unrealized -44.4%

QURE UNIQURE NV 2.9%

Value ($000) $15,888 Shares 663,929 Est. Cost $38.59 Unrealized 0.0%

CELH CELSIUS HLDGS INC 2.5%

Value ($000) $13,592 Shares 297,157 Est. Cost $50.38 Unrealized 0.0%

LULU LULULEMON ATHLETICA INC 2.3%

Value ($000) $12,186 Shares 58,639 Est. Cost $181.15 Unrealized 0.0%

CYTK CYTOKINETICS INC 0.7%

Value ($000) $3,853 Shares 60,638 Est. Cost $62.21 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CRH	CRH PLC	1,000,000	$124,800	23.1%	$75.59	+57.6%	CALL	G25508105
ESTA	ESTABLISHMENT LABS HLDGS INC	1,000,000	$72,880	13.5%	$37.32	+61.8%	PUT	G31249108
SPRY	ARS PHARMACEUTICALS INC	1,994,852	$23,240	4.3%	$9.72	0.0%	COM	82835W108
CCOI	COGENT COMMUNICATIONS HLDGS	1,000,000	$21,560	4.0%	$53.01	-44.4%	CALL	19239V302
QURE	UNIQURE NV	663,929	$15,888	2.9%	$38.59	0.0%	SHS	N90064101
CELH	CELSIUS HLDGS INC	297,157	$13,592	2.5%	$50.38	0.0%	COM NEW	15118V207
LULU	LULULEMON ATHLETICA INC	58,639	$12,186	2.3%	$181.15	0.0%	COM	550021109
CYTK	CYTOKINETICS INC	60,638	$3,853	0.7%	$62.21	0.0%	COM NEW	23282W605

Increased Positions (2)

SN SHARKNINJA INC 7.4%

Value ($000) $40,069 (+67.0%) Shares 358,081 (+53.9%) Est. Cost $96.50 Unrealized +2.1%

CROX CROCS INC 5.8%

Value ($000) $31,088 (+28.3%) Shares 363,523 (+25.3%) Est. Cost $95.30 Unrealized -12.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SN	SHARKNINJA INC	358,081 (+53.9%)	$40,069 (+67.0%)	7.4%	$96.50	+2.1%	COM SHS	G8068L108
CROX	CROCS INC	363,523 (+25.3%)	$31,088 (+28.3%)	5.8%	$95.30	-12.2%	COM	227046109

Exited Positions (4)

CCOI Cogent Communications Holdings, Inc. 6.6%

Value ($000) $35,868 Shares 935,287 Est. Cost $53.01 Unrealized -44.4%

GRPN Groupon, Inc. 4.7%

Value ($000) $25,477 Shares 1,091,095 Est. Cost $13.75 Unrealized +37.0%

HNGE Hinge Health, Inc. 2.9%

Value ($000) $15,660 Shares 319,076 Est. Cost $52.31 Unrealized -7.9%

LENZ Lenz Therapeutics, Inc. 0.9%

Value ($000) $4,689 Shares 100,672 Est. Cost $36.77 Unrealized -20.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCOI	Cogent Communications Holdings, Inc.	935,287	$35,868	6.6%	$53.01	-44.4%	—	19239V302
GRPN	Groupon, Inc.	1,091,095	$25,477	4.7%	$13.75	+37.0%	—	399473206
HNGE	Hinge Health, Inc.	319,076	$15,660	2.9%	$52.31	-7.9%	—	433313103
LENZ	Lenz Therapeutics, Inc.	100,672	$4,689	0.9%	$36.77	-20.7%	—	52635N103

Unchanged Positions (4)

ESTA ESTABLISHMENT LABS HLDGS INC 14.5%

Value ($000) $78,525 Shares 1,077,456 Est. Cost $37.32 Unrealized +61.8%

CRS CARPENTER TECHNOLOGY CORP 7.4%

Value ($000) $39,857 Shares 126,596 Est. Cost $176.93 Unrealized +69.9%

ROAD CONSTRUCTION PARTNERS INC 3.3%

Value ($000) $17,904 Shares 164,940 Est. Cost $55.09 Unrealized +104.4%

CRH CRH PLC 8.3%

Value ($000) $45,114 Shares 361,488 Est. Cost $75.59 Unrealized +57.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ESTA	ESTABLISHMENT LABS HLDGS INC	1,077,456	$78,525	14.5%	$37.32	+61.8%	COM	G31249108
CRS	CARPENTER TECHNOLOGY CORP	126,596	$39,857	7.4%	$176.93	+69.9%	COM	144285103
ROAD	CONSTRUCTION PARTNERS INC	164,940	$17,904	3.3%	$55.09	+104.4%	COM CL A	21044C107
CRH	CRH PLC	361,488	$45,114	8.3%	$75.59	+57.6%	ORD	G25508105