1y return+36.9%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2023: $186 against $157 in the S&P 500.2
Tyro Capital Management LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| Establishment Labs Hldgs IncCUSIP G31249108 | $52.0M | 11.7% | −47.4% |
| CELHCelsius Hldgs Inc | $43.8M | 9.8% | +371.7% |
| CRSCarpenter Technology Corp | $40.2M | 9.0% | −51.7% |
| Sharkninja IncCUSIP G8068L108 | $36.9M | 8.3% | −36.5% |
| SPRYArs Pharmaceuticals Inc | $35.7M | 8.0% | +50.2% |
| RMIXSuncrete Inc | $34.7M | 7.8% | New |
| CROXCrocs Inc | $34.1M | 7.7% | −27.0% |
| HNGEHinge Health Inc | $33.5M | 7.5% | +714.0% |
| Crh PLCCUSIP G25508105 | $32.5M | 7.3% | −21.1% |
| SNDASonida Senior Living Inc | $25.6M | 5.8% | +1623.3% |
| EWTXEdgewise Therapeutics Inc | $24.9M | 5.6% | New |
| ROADConstruction Partners Inc | $22.0M | 4.9% | +5.1% |
| HNRGHallador Energy Company | $12.8M | 2.9% | New |
| NUAINew Era Energy & Digital Inc | $12.3M | 2.8% | New |
| RIVNRivian Automotive Inc | $4.7M | 1.1% | +5.1% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| CRSCarpenter Technology Corp | June 30, 2024 | +462.9% | $40.2M |
| ROADConstruction Partners Inc | December 31, 2023 | +172.9% | $22.0M |
| HNGEHinge Health Inc | March 31, 2026 | +115.2% | $33.5M |
| Establishment Labs Hldgs IncCUSIP G31249108 | March 31, 2025 | +110.3% | $52.0M |
| Sharkninja IncCUSIP G8068L108 | March 31, 2025 | +82.6% | $36.9M |
| Crh PLCCUSIP G25508105 | December 31, 2023 | +54.7% | $32.5M |
| CROXCrocs Inc | December 31, 2023 | +29.2% | $34.1M |
| SNDASonida Senior Living Inc | March 31, 2026 | +26.5% | $25.6M |
| RIVNRivian Automotive Inc | March 31, 2026 | +15.3% | $4.7M |
| SPRYArs Pharmaceuticals Inc | December 31, 2025 | −31.2% | $35.7M |
Sold off last quarter
- WDCWestern Digital Corp was $16.1M
- SNDKSandisk Corp was $15.9M
- LITELumentum Hldgs Inc was $10.9M
- LULULululemon Athletica Inc was $9.6M
- KLACKla Corp was $9.0M
- MKSIMks Inc. was $8.5M
- Asml Hldg NvCUSIP N07059210 was $8.1M
- LRCXLam Research Corp was $8.1M
- UCTTUltra Clean Hldgs Inc was $7.4M
- CYTKCytokinetics Inc was $4.3M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +41.2% | +14.8% |
| March 31, 2026 | −11.0% | −4.6% |
| December 31, 2025 | +6.9% | +2.4% |
| September 30, 2025 | +1.9% | +7.8% |
| June 30, 2025 | +19.3% | +10.5% |
| March 31, 2025 | −7.6% | −4.6% |
| December 31, 2024 | +2.7% | +2.1% |
| September 30, 2024 | +11.3% | +5.4% |
| June 30, 2024 | −0.4% | +4.0% |
| March 31, 2024 | +8.6% | +10.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Tyro Capital Management LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1915395&type=13F-HR&dateb=&owner=include&count=40CIK 1915395
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1915395/000191539526000016/Filed August 13, 2026 · accession 0001915395-26-000016