SPRUCE HOUSE INVESTMENT MANAGEMENT LLC Q2 2025 Filing

Filed August 14, 2025

Portfolio Value

$2.7T

Holdings

9

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (9 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	CVNACARVANA CO	3,609,288	$1.2T	44.87%
2	APPAPPLOVIN CORP	2,057,024	$720.1B	26.57%
3	GXOGXO LOGISTICS INCORPORATED	3,600,000	$175.3B	6.47%
4	CIGICOLLIERS INTL GROUP INC	1,301,133	$170.4B	6.29%
5	WWAYFAIR INC	3,000,000	$153.4B	5.66%
6	CNMCORE & MAIN INC	2,450,000	$147.9B	5.46%
7	CMPRCIMPRESS PLC	2,058,904	$96.8B	3.57%
8	QXOQXO INC	813,009	$17.5B	0.65%
9	DKNGDRAFTKINGS INC NEW	300,000	$12.9B	0.47%