Pillsbury Lake Capital LLC Concentrated Active

CIK: 0002111915 · Show all filings

Period: Q4 2025

Filing Date: Feb 18, 2026

Total Value ($000): $286,197 (100.0% shares, 0.0% debt)

Holdings (30)

IWM ISHARES TR 14.3%

Value ($000) $40,838 Shares 165,900 Est. Cost — Unrealized —

TPB TURNING PT BRANDS INC 6.1%

Value ($000) $17,370 Shares 160,241 Est. Cost $97.78 Unrealized 0.0%

LINC LINCOLN EDL SVCS CORP 5.9%

Value ($000) $17,028 Shares 705,108 Est. Cost $21.79 Unrealized 0.0%

CVCO CAVCO INDS INC DEL 5.3%

Value ($000) $15,091 Shares 25,546 Est. Cost $566.58 Unrealized 0.0%

COMP COMPASS INC 4.9%

Value ($000) $14,080 Shares 1,332,113 Est. Cost $9.12 Unrealized 0.0%

BBW BUILD-A-BEAR WORKSHOP INC 4.5%

Value ($000) $12,887 Shares 210,334 Est. Cost $54.26 Unrealized 0.0%

BGSI BOYD GROUP SERVICES INC 4.5%

Value ($000) $12,736 Shares 79,949 Est. Cost $160.25 Unrealized 0.0%

LUXE LUXEXPERIENCE BV 4.4%

Value ($000) $12,602 Shares 1,509,268 Est. Cost $8.35 Unrealized —

GPGI COMPOSECURE INC 4.2%

Value ($000) $11,879 Shares 616,127 Est. Cost $19.95 Unrealized 0.0%

PDFS PDF SOLUTIONS INC 3.7%

Value ($000) $10,729 Shares 376,069 Est. Cost $27.67 Unrealized 0.0%

NATL NCR ATLEOS CORPORATION 3.6%

Value ($000) $10,217 Shares 268,088 Est. Cost $37.51 Unrealized 0.0%

SRTA STRATA CRITICAL MEDICAL INC 3.3%

Value ($000) $9,515 Shares 1,978,252 Est. Cost $4.84 Unrealized 0.0%

CRTO CRITEO S A 3.3%

Value ($000) $9,486 Shares 460,242 Est. Cost $20.61 Unrealized —

MGNI MAGNITE INC 3.3%

Value ($000) $9,473 Shares 583,644 Est. Cost $16.60 Unrealized 0.0%

HNI HNI CORP 3.1%

Value ($000) $8,882 Shares 211,282 Est. Cost $42.24 Unrealized 0.0%

KRC KILROY RLTY CORP 2.9%

Value ($000) $8,363 Shares 223,788 Est. Cost $37.37 Unrealized —

BLZE BACKBLAZE INC 2.8%

Value ($000) $8,058 Shares 1,729,132 Est. Cost $6.85 Unrealized 0.0%

KRUS KURA SUSHI USA INC 2.8%

Value ($000) $8,037 Shares 153,574 Est. Cost $54.54 Unrealized 0.0%

MAMA MAMAS CREATIONS INC 2.3%

Value ($000) $6,653 Shares 493,184 Est. Cost $11.49 Unrealized 0.0%

ASR GRUPO AEROPORTUARIO DEL SURE 2.3%

Value ($000) $6,483 Shares 20,045 Est. Cost $323.40 Unrealized —

KSPI KASPI KZ JSC 2.2%

Value ($000) $6,338 Shares 81,123 Est. Cost $78.13 Unrealized —

BV BRIGHTVIEW HLDGS INC 2.2%

Value ($000) $6,208 Shares 489,973 Est. Cost $12.69 Unrealized 0.0%

CLH CLEAN HARBORS INC 1.8%

Value ($000) $5,288 Shares 22,553 Est. Cost $228.49 Unrealized 0.0%

CRON CRONOS GROUP INC 1.7%

Value ($000) $4,837 Shares 1,839,003 Est. Cost $2.59 Unrealized 0.0%

INVE IDENTIV INC 1.3%

Value ($000) $3,630 Shares 945,300 Est. Cost $3.61 Unrealized 0.0%

PINS PINTEREST INC 1.3%

Value ($000) $3,578 Shares 138,205 Est. Cost $28.79 Unrealized 0.0%

BXSL BLACKSTONE SECD LENDING FD 0.9%

Value ($000) $2,651 Shares 100,679 Est. Cost $26.09 Unrealized 0.0%

NXDR NEXTDOOR HOLDINGS INC 0.8%

Value ($000) $2,415 Shares 1,150,000 Est. Cost $1.96 Unrealized 0.0%

CBNA CHAIN BRIDGE BANCORP INC 0.2%

Value ($000) $633 Shares 18,286 Est. Cost $32.33 Unrealized 0.0%

AEYE AUDIOEYE INC 0.1%

Value ($000) $211 Shares 21,164 Est. Cost $12.86 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	165,900	$40,838	14.3%	—	—	Put	464287655
TPB	TURNING PT BRANDS INC	160,241	$17,370	6.1%	$97.78	0.0%	COM	90041L105
LINC	LINCOLN EDL SVCS CORP	705,108	$17,028	5.9%	$21.79	0.0%	COM	533535100
CVCO	CAVCO INDS INC DEL	25,546	$15,091	5.3%	$566.58	0.0%	COM	149568107
COMP	COMPASS INC	1,332,113	$14,080	4.9%	$9.12	0.0%	CL A	20464U100
BBW	BUILD-A-BEAR WORKSHOP INC	210,334	$12,887	4.5%	$54.26	0.0%	COM	120076104
BGSI	BOYD GROUP SERVICES INC	79,949	$12,736	4.5%	$160.25	0.0%	COM	103310108
LUXE	LUXEXPERIENCE BV	1,509,268	$12,602	4.4%	$8.35	—	SPONSORED ADS	55406W103
GPGI	COMPOSECURE INC	616,127	$11,879	4.2%	$19.95	0.0%	COM CL A	20459V105
PDFS	PDF SOLUTIONS INC	376,069	$10,729	3.7%	$27.67	0.0%	COM	693282105
NATL	NCR ATLEOS CORPORATION	268,088	$10,217	3.6%	$37.51	0.0%	COM SHS	63001N106
SRTA	STRATA CRITICAL MEDICAL INC	1,978,252	$9,515	3.3%	$4.84	0.0%	CL A COM	092667104
CRTO	CRITEO S A	460,242	$9,486	3.3%	$20.61	—	SPONS ADS	226718104
MGNI	MAGNITE INC	583,644	$9,473	3.3%	$16.60	0.0%	COM	55955D100
HNI	HNI CORP	211,282	$8,882	3.1%	$42.24	0.0%	COM	404251100
KRC	KILROY RLTY CORP	223,788	$8,363	2.9%	$37.37	—	COM	49427F108
BLZE	BACKBLAZE INC	1,729,132	$8,058	2.8%	$6.85	0.0%	COM CL A	05637B105
KRUS	KURA SUSHI USA INC	153,574	$8,037	2.8%	$54.54	0.0%	CL A COM	501270102
MAMA	MAMAS CREATIONS INC	493,184	$6,653	2.3%	$11.49	0.0%	COM	56146T103
ASR	GRUPO AEROPORTUARIO DEL SURE	20,045	$6,483	2.3%	$323.40	—	SPON ADR SER B	40051E202
KSPI	KASPI KZ JSC	81,123	$6,338	2.2%	$78.13	—	SPONSORED ADS	48581R205
BV	BRIGHTVIEW HLDGS INC	489,973	$6,208	2.2%	$12.69	0.0%	COM	10948C107
CLH	CLEAN HARBORS INC	22,553	$5,288	1.8%	$228.49	0.0%	COM	184496107
CRON	CRONOS GROUP INC	1,839,003	$4,837	1.7%	$2.59	0.0%	COM	22717L101
INVE	IDENTIV INC	945,300	$3,630	1.3%	$3.61	0.0%	COM NEW	45170X205
PINS	PINTEREST INC	138,205	$3,578	1.3%	$28.79	0.0%	CL A	72352L106
BXSL	BLACKSTONE SECD LENDING FD	100,679	$2,651	0.9%	$26.09	0.0%	COMMON STOCK	09261X102
NXDR	NEXTDOOR HOLDINGS INC	1,150,000	$2,415	0.8%	$1.96	0.0%	COM CL A	65345M108
CBNA	CHAIN BRIDGE BANCORP INC	18,286	$633	0.2%	$32.33	0.0%	CL A	15746L100
AEYE	AUDIOEYE INC	21,164	$211	0.1%	$12.86	0.0%	COM NEW	050734201