You're signed outSign in or to get full access.
Toronado Partners, LLC
Toronado Partners, LLC is a hedge fund investment firm headquartered in San Francisco, California. Founded in 2014, the firm operates with a small team of 3 employees and manages assets for pooled investment vehicles, with a focus on institutional and non-U.S. clients. The firm specializes in active, concentrated equity investing, primarily serving high net worth individuals and other pooled investment vehicles.
Investment Strategy
Toronado Partners, LLC employs a fundamentally driven, active investment strategy with a concentrated portfolio approach, focusing primarily on U.S.-listed, small- and mid-cap technology and growth stocks. The firm conducts deep research to identify undervalued companies with potential for long-term capital appreciation. Its holdings are highly concentrated, with a significant portion of assets allocated to a handful of high-conviction ideas, as seen in holdings such as Fabrinet, Impinj, Twilio, Tripadvisor, and Elastic. Toronado Partners frequently adjusts its allocations based on changes in fundamentals and market outlook, seeking to generate returns mainly via capital gains.
Latest 13F Filing Activity
Toronado Partners, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 11 equity positions with a total 13F market value of $141M. The fund increased holdings in Fabrinet, Amplitude Inc., Twilio Inc. among other positions. Toronado Partners, LLC reduced exposure to Sitime Corp., Astera Labs Inc., Riskified LTD among others.
Top Holdings
Equity Positions (11)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
F FN | FABRINET | 17.64% | $24.9M | 84,329 | $161.51 | $294.68 | +$4.8M |
P PI | IMPINJ INC | 15.56% | $21.9M | 197,441 | $87.83 | $111.07 | +$2.3M |
T TWLO | TWILIO INC | 12.68% | $17.9M | 143,609 | $79.27 | $124.36 | +$3.4M |
T TRIP | TRIPADVISOR INC | 9.18% | $12.9M | 990,649 | $14.54 | $13.05 | -$343.8K |
E ESTC | ELASTIC N V | 9.17% | $12.9M | 153,128 | $74.31 | $84.33 | +$819.3K |
Industry Allocation
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more