Ararat Capital Management LP
Ararat Capital Management LP reported 17 US-listed holdings worth $213.5 million in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: Flywire Corporation (9.4%), Remitly Global, Inc. (9.0%) and Byline Bancorp Inc. (8.7%). Against the quarter before, it opened 4 positions, added to 6, trimmed 7 and sold out of 2.
The 14 largest of its 17 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +25.3% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 4
- Ralliant Corp. RAL$16.6 million
- Sotera Health Co. SHC$10.5 million
- Franklin Electric Co. Inc. FELE$9.7 million
- Omada Health Inc. OMDA$3.0 million
Added to 6
- Integer Holdings Corp. ITGR+117,571 shares · +191%
- Gildan Activewear Inc. GIL+69,996 shares · +28%
- Global E Online Ltd GLBE+99,206 shares · +24%
- US Foods Holding Corp. USFD+4,448 shares · +4%
- CarGurus, Inc. CARG+7,430 shares · +2%
- GoDaddy Inc. GDDY+98 shares · +0%
Trimmed 7
- National Vision Holdings, Inc. EYE-548,502 shares · -97%
- Flywire Corporation FLYW-299,881 shares · -21%
- Byline Bancorp Inc. BY-133,163 shares · -21%
- Legalzoom.Com, Inc. LZ-625,216 shares · -28%
- Remitly Global, Inc. RELY-155,101 shares · -15%
- Funko Inc. FNKO-397,749 shares · -16%
- Douglas Dynamics Inc. PLOW-42,321 shares · -13%
Sold out of 2
- European Wax CTR Inc. EWCZ$17.9 million last quarter
- Driven Brands Hldgs Inc. DRVN$1.2 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Flywire Corporation FLYW | 1.1M | $20.1 million | 9.42% | -299.9K |
| Remitly Global, Inc. RELY | 859.9K | $19.3 million | 9.03% | -155.1K |
| Byline Bancorp Inc. BY | 490.6K | $18.5 million | 8.65% | -133.2K |
| Global E Online Ltd GLBE | 519.9K | $18.1 million | 8.46% | +99.2K |
| Integer Holdings Corp. ITGR | 179.0K | $16.7 million | 7.84% | +117.6K |
| Ralliant Corp. RAL | 226.1K | $16.6 million | 7.80% | new |
| Gildan Activewear Inc. GIL | 316.1K | $16.3 million | 7.64% | +70.0K |
| Douglas Dynamics Inc. PLOW | 279.4K | $15.1 million | 7.06% | -42.3K |
| CarGurus, Inc. CARG | 391.3K | $13.3 million | 6.25% | +7.4K |
| Funko Inc. FNKO | 2.1M | $12.4 million | 5.83% | -397.7K |
| US Foods Holding Corp. USFD | 103.5K | $10.6 million | 4.96% | +4.4K |
| Sotera Health Co. SHC | 590.4K | $10.5 million | 4.91% | new |
| Franklin Electric Co. Inc. FELE | 90.3K | $9.7 million | 4.53% | new |
| Legalzoom.Com, Inc. LZ | 1.6M | $9.6 million | 4.51% | -625.2K |
| GoDaddy Inc. GDDY | 39.2K | $3.3 million | 1.56% | +98 |
| Omada Health Inc. OMDA | 135.3K | $3.0 million | 1.39% | new |
| National Vision Holdings, Inc. EYE | 18.6K | $354,365 | 0.17% | -548.5K |