Divisadero Street Capital Management, LP
Divisadero Street Capital Management, LP is an investment adviser founded in September 2021 and organized as a Delaware limited partnership with its principal business address in Miami, FL. The firm manages investment portfolios on behalf of clients, focusing on opportunistic and value-driven public equity investing. As of 2025, it employs approximately 7 people and reports over $1.1 billion in regulatory assets under management. The firm is led by William Zolezzi, who serves as managing partner and manager of the general partner.
Investment Strategy
Divisadero Street Capital Management, LP pursues opportunistic, value-oriented strategies in public equities, often acquiring significant minority stakes in companies and engaging in active dialogue with management teams. The firm focuses on fundamental analysis to identify undervalued businesses and seeks to drive shareholder value through constructive engagement or passive ownership. Its approach blends deep research with flexibility to invest across industries, using both long and short positions tailored to market conditions and client objectives.
Latest 13F Filing Activity
Divisadero Street Capital Management, LP filed their most recent 13F report on Jun 30, 2025 disclosing 131 equity positions and 5 options positions with a total 13F market value of $2B. The fund increased holdings in Sezzle Inc., Remitly Global Inc., Dave Inc. among other positions. Divisadero Street Capital Management, LP reduced exposure to Genius Sports Limited, Brinker Intl Inc., Vital Farms Inc. among others.
Top Holdings
Equity Positions (131)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SEZL | SEZZLE INC | 10.38% | $162.7M | 907,488 | $34.89 | $179.25 | +$117.0M |
D DAVE | DAVE INC | 9.15% | $143.5M | 534,590 | $64.20 | $268.41 | +$61.2M |
R RSI | RUSH STREET INTERACTIVE INC | 6.21% | $97.3M | 6,530,752 | $8.84 | $14.90 | +$31.7M |
R RELY | REMITLY GLOBAL INC | 6.10% | $95.7M | 5,097,806 | $18.92 | $18.77 | +$84.5M |
T TPB | TURNING PT BRANDS INC | 4.56% | $71.5M | 943,784 | $70.09 | $75.77 | +$52.0M |
Options Positions (5)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
R RELY | REMITLY GLOBAL INC | New | Call | $34.2M | 18,222 | $18.77 | $18.77 | +18,222 | +$34.2M |
R RSI | RUSH STREET INTERACTIVE INC | Sold | Call | $19.0M | 12,750 | $14.90 | $10.72 | -9,000 | -$4.3M |
E EAT | BRINKER INTL INC | Sold | Call | $15.0M | 833 | $180.33 | $149.05 | -5,207 | -$75.0M |
B BKSY | BLACKSKY TECHNOLOGY INC | New | Call | $5.1M | 2,500 | $20.58 | $20.58 | +2,500 | +$5.1M |
V VITL | VITAL FARMS INC | Sold | Call | $577.8K | 150 | $38.52 | $30.47 | -2,870 | -$8.6M |
Industry Allocation
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