Granahan Investment Management, LLC

Other Low signal CIK 1026710
League rank
#6
in Other · #106 overall
Long book
$2.07B
Q1 2026
Positions
149
Top-10 weight
34%
concentration
Last quarter
+36.9%
SPY +14.8%
Turnover
24%
of book per quarter

Strategy in plain words

auto-generated from filings

Granahan Investment Management, LLC is an institutional manager, running a $2.07B US long book across 149 positions.

The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: CARPENTER TECHNOLOGY, PORCH GROUP INC, FTAI AVIATION LTD, MODINE MANUFACTURING CO, VICTORY CAPITAL HOLDING - A.

Over the last 9 quarters its long book ran on average 0.9pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-6.9%
Q2 2024
+10.8%
Q3 2024
+3.6%
Q4 2024
-11.9%
Q1 2025
+22.7%
Q2 2025
+5.6%
Q3 2025
-4.8%
Q4 2025
-7.8%
Q1 2026
+36.9%

Sector allocation

Technology
26%
Industrials
26%
Financials
13%
Healthcare
12%
Services media
10%
Consumer discretionary
6%
Other
3%
Materials
1%

Long book by quarter

$2.85B
Q1 2024
$2.50B
Q2 2024
$2.54B
Q3 2024
$2.40B
Q4 2024
$2.01B
Q1 2025
$2.46B
Q2 2025
$2.44B
Q3 2025
$2.34B
Q4 2025
$2.07B
Q1 2026

What does Granahan Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CRS CARPENTER TECHNOLOGYIndustrials239.5K$94.4M4.6%-10.4%
PRCH PORCH GROUP INCTechnology12.7M$90.9M4.4%+9.4%
FTAI FTAI AVIATION LTDServices media340.3K$83.4M4.0%-2.0%
MOD MODINE MANUFACTURING COIndustrials377.6K$81.8M4.0%+15.7%
VCTR VICTORY CAPITAL HOLDING - AFinancials1.1M$71.2M3.4%+1.1%
INDI INDIE SEMICONDUCTOR INC-ATechnology20.3M$65.3M3.2%+17.8%
FPS FORGENT POWER SOLUTIONS-CL AIndustrials2.1M$60.6M2.9%New
MRX MAREX GROUP PLCFinancials1.2M$54.6M2.6%-11.1%
NXT NEXTPOWER INC-CL ATechnology424.4K$51.2M2.5%+10.3%
KRUS KURA SUSHI USA INC-CLASS AConsumer discretionary607.9K$42.4M2.1%-22.8%
ONTO ONTO INNOVATION INCOther198.7K$40.7M2.0%+1.0%
AXON AXON ENTERPRISE INCIndustrials90.7K$38.5M1.9%+19.8%
FIX COMFORT SYSTEMS USA INCIndustrials26.0K$35.9M1.7%0.0%
KRNT KORNIT DIGITAL LTDIndustrials2.3M$33.7M1.6%-10.6%
LTH LIFE TIME GROUP HOLDINGS INCServices media1.2M$32.3M1.6%-27.7%
TTMI TTM TECHNOLOGIESTechnology327.4K$31.9M1.5%+32.4%
FIGR FIGURE TECHNOLOGY SOLUT-CL AFinancials935.4K$31.8M1.5%+40.6%
MGNI MAGNITE INCTechnology2.6M$30.3M1.5%-18.1%
QXO QXO INCConsumer discretionary1.5M$29.3M1.4%+88.8%
SMTC SEMTECH CORPTechnology370.6K$28.5M1.4%-11.4%
CAVA CAVA GROUP INCConsumer discretionary303.9K$24.6M1.2%+31.7%
RMBS RAMBUS INCTechnology280.2K$24.1M1.2%+5.5%
SRAD SPORTRADAR GROUP AG-ATechnology1.4M$24.1M1.2%-13.8%
CLBT CELLEBRITE DI LTDTechnology1.7M$24.0M1.2%-43.1%
GENI GENIUS SPORTS LTDServices media5.4M$23.9M1.2%-31.5%
SIBN SI-BONE INCHealthcare1.7M$22.0M1.1%+97.6%
YSS YORK SPACE SYSTEMS INCIndustrials967.6K$21.5M1.0%New
RBC RBC BEARINGS INCIndustrials38.5K$20.9M1.0%-21.1%
MTRN MATERION CORPIndustrials144.5K$20.9M1.0%+4.5%
APPS DIGITAL TURBINE INCFinancials7.1M$20.5M1.0%+12.0%
CWST CASELLA WASTE SYSTEMS INC-AUtilities250.3K$19.9M1.0%-2.9%
GTES GATES INDUSTRIAL CORP PLCIndustrials774.6K$17.5M0.8%-7.2%
GLBE GLOBAL-E ONLINE LTDTechnology547.0K$16.9M0.8%-54.1%
ARLO ARLO TECHNOLOGIES INCServices media1.2M$16.6M0.8%+245.6%
ZETA ZETA GLOBAL HOLDINGS CORP-ATechnology1.0M$16.3M0.8%-60.9%
TCBI TEXAS CAPITAL BANCSHARES INCFinancials171.4K$16.3M0.8%-3.9%
AMRC AMERESCO INC-CL AIndustrials630.1K$16.1M0.8%-25.7%
LEU CENTRUS ENERGY CORP-CLASS AMaterials89.7K$15.6M0.8%+19.2%
KIDS ORTHOPEDIATRICS CORPHealthcare896.7K$14.2M0.7%+35.1%
STRL STERLING INFRASTRUCTURE INCIndustrials34.3K$14.0M0.7%-42.0%
SN SHARKNINJA INCIndustrials131.7K$14.0M0.7%+16.7%
COMP COMPASS INC - CLASS AReal estate1.9M$13.8M0.7%-39.9%
BLFS BIOLIFE SOLUTIONS INCHealthcare722.1K$13.8M0.7%+49.7%
ALHC ALIGNMENT HEALTHCARE INCFinancials780.5K$13.8M0.7%+4.1%
UMAC UNUSUAL MACHINES INC /USTechnology1.0M$12.6M0.6%-12.0%
AIP ARTERIS INCTechnology713.1K$11.7M0.6%+201.0%
FWRG FIRST WATCH RESTAURANT GROUPConsumer discretionary1.1M$11.4M0.6%-25.0%
DAVE DAVE INCFinancials65.5K$11.4M0.6%+3325.5%
IRTC IRHYTHM HOLDINGS INCHealthcare96.0K$11.3M0.5%+567.9%
STOK STOKE THERAPEUTICS INCHealthcare335.6K$10.9M0.5%+75.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026149$2.07B canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026157$2.34B canonicalSEC ↗
Q3 202513F-HRNov 14, 2025146$2.44B canonicalSEC ↗
Q2 202513F-HRAug 14, 2025153$2.46B canonicalSEC ↗
Q1 202513F-HRMay 15, 2025159$2.01B canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025180$2.40B canonicalSEC ↗
Q3 202413F-HRNov 14, 2024187$2.54B canonicalSEC ↗
Q2 202413F-HRAug 14, 2024180$2.50B canonicalSEC ↗
Q1 202413F-HRMay 15, 2024181$2.85B canonicalSEC ↗