Prentice Capital Management, LP
Long book
$45.7M
Q1 2026
Positions
23
Top-10 weight
86%
concentration
Last quarter
+22.0%
SPY +14.8%
Turnover
26%
of book per quarter
Strategy in plain words
auto-generated from filingsPrentice Capital Management, LP is a concentrated fundamental stock-picker, running a $45.7M US long book across 23 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SNAP INC - A, OPENDOOR TECHNOLOGIES INC, NEXTNAV INC, JETBLUE AIRWAYS CORP, PELOTON INTERACTIVE INC-A.
Over the last 9 quarters its long book ran on average 1.6pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.2%
Q2 2024
-0.5%
Q3 2024
+25.7%
Q4 2024
-9.9%
Q1 2025
+32.0%
Q2 2025
+8.3%
Q3 2025
-6.6%
Q4 2025
-20.0%
Q1 2026
+22.0%
Sector allocation
Technology 41%
Real estate 21%
Other 18%
Industrials 16%
Consumer discretionary 3%
Services media 2%
Long book by quarter
What does Prentice Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| SNAP SNAP INC - A | Technology | 2.1M | $9.8M | 21.4% | +94.3% |
| OPEN OPENDOOR TECHNOLOGIES INC | Real estate | 1.6M | $7.5M | 16.4% | +189.9% |
| NN NEXTNAV INC | Technology | 427.8K | $6.9M | 15.0% | -15.7% |
| JBLU JETBLUE AIRWAYS CORP | Industrials | 837.0K | $3.7M | 8.1% | -43.6% |
| PTON PELOTON INTERACTIVE INC-A | Other | 721.0K | $3.1M | 6.8% | +29.2% |
| CALY CALLAWAY GOLF COMPANY | Other | 145.4K | $2.0M | 4.4% | -25.9% |
| ULCC FRONTIER GROUP HOLDINGS INC | Industrials | 531.3K | $1.9M | 4.1% | +0.2% |
| FRMI FERMI INC | Real estate | 281.5K | $1.6M | 3.6% | New |
| AAL AMERICAN AIRLINES GROUP INC | Industrials | 139.8K | $1.5M | 3.3% | New |
| GPRO GOPRO INC-CLASS A | Other | 1.8M | $1.4M | 3.0% | -3.3% |
| TBCH TURTLE BEACH CORP | Technology | 112.8K | $1.1M | 2.5% | Held |
| GRPN GROUPON INC | Services media | 84.1K | $1.0M | 2.2% | -83.1% |
| CWH CAMPING WORLD HOLDINGS INC-A | Consumer discretionary | 123.9K | $846K | 1.9% | +54.4% |
| COTY COTY INC-CL A | Other | 406.6K | $819K | 1.8% | -63.1% |
| NWL NEWELL BRANDS INC | Other | 114.4K | $393K | 0.9% | -46.6% |
| GRWG GROWGENERATION CORP | Consumer discretionary | 274.1K | $302K | 0.7% | Held |
| BMBL BUMBLE INC-A | Technology | 13.5K | $44K | 0.1% | -97.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 23 | $45.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 25 | $63.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 18 | $65.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 31 | $60.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 27 | $57.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 22 | $58.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 27 | $45.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 22 | $42.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 21 | $42.1M | canonical | SEC ↗ |
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