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Spruce Point Capital Management, LLC

SEC CIK
0001731579
Latest filing
Aug 14, 2026

The latest 13F from Spruce Point Capital Management, LLC covers Q2 2026 (filed Aug 14, 2026): 18 long positions worth $53.9M. The top 10 holdings make up 88.7% of the portfolio, and the largest is SPDR S&P 500 ETF Trust (SPY) at 23.5%. Livermore has 3 filings on Form 13F from this institution, going back to Q4 2025.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
2
Est. +$1.93M
Added
3
Est. +$4.34M
Reduced
9
Est. −$19.6M
Sold out
3
Est. −$9.87M

Top 5 holdings

Share of this quarter's portfolio value

  1. SPYSPDR S&P 500 ETF Trust
    23.5%$12.7MHistory
  2. iShares Russell 2000 ETF464287655
    14.2%$7.63M
  3. VanEck ETF Trust92189H805
    13.9%$7.50M
  4. Invesco QQQ Trust Series I46090E103
    11.2%$6.05M
  5. iShares Tr464289180
    6.5%$3.51M

Share of portfolio

Top 5 holdings and the other 13 positions, by share of portfolio value

  1. SPY23.5%
  2. iShares Russell 2000 ETF14.2%
  3. VanEck ETF Trust13.9%
  4. Invesco QQQ Trust Series I11.2%
  5. iShares Tr6.5%
  6. Other 13 positions30.7%

Biggest buys

New and added positions, by estimated amount bought

  1. Invesco QQQ Trust Series I46090E103
    +$2.36MAdded
  2. SPYSPDR S&P 500 ETF Trust
    +$1.49MAddedHistory
  3. TGTredegar Corp
    +$1.15MNewHistory
  4. SWKSSkyworks Solutions, Inc.
    +$780.4KNewHistory
  5. State Street Industrial Select Sector SPDR ETF81369Y704
    +$481.6KAdded

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. SPYSPDR S&P 500 ETF Trust
    +10.50 pp13.0% → 23.5%History
  2. Invesco QQQ Trust Series I46090E103
    +7.35 pp3.9% → 11.2%
  3. TGTredegar Corp
    +2.12 pp0.0% → 2.1%History
  4. State Street Industrial Select Sector SPDR ETF81369Y704
    +1.71 pp1.4% → 3.1%
  5. SWKSSkyworks Solutions, Inc.
    +1.45 pp0.0% → 1.4%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. VanEck ETF Trust92189F700
    −$12.3MReduced
  2. State Street Consumer Staples Select Sector SPDR ETF81369Y308
    −$9.02MSold out
  3. VanEck ETF Trust92189H805
    −$2.78MReduced
  4. Sprott FDS Tr85208P303
    −$1.63MReduced
  5. VanEck ETF Trust92189F791
    −$1.46MReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. VanEck ETF Trust92189F700
    −17.38 pp17.8% → 0.5%
  2. State Street Consumer Staples Select Sector SPDR ETF81369Y308
    −12.05 pp12.1% → 0.0%
  3. Sprott FDS Tr85208P303
    −2.54 pp3.1% → 0.6%
  4. VanEck ETF Trust92189F791
    −1.74 pp7.2% → 5.5%
  5. iShares Tr464287192
    −0.62 pp0.6% → 0.0%

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$53.9M
−$20.9M (−27.9%) vs. prior quarter
Positions
18
−1 vs. prior quarter
Top 10 concentration
88.7%
Top 10 as share of value
Turnover
9.7%
Q2 2026, one quarter
Average holding period
2.7 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q4 2025), so positions held before then are understated.

13F filings by quarter

3 quarters, going back to Q4 2025. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $74.8M (Q1 2026)

Q4 2025: $41.4MQ1 2026: $74.8MQ2 2026: $53.9M
Q4 2025Q2 2026
13F filings of Spruce Point Capital Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 202618$53.9MSPYiShares Russell 2000 ETFVanEck ETF Trustvs. Q1 2026SEC
Q1 2026May 13, 202619$74.8MVanEck ETF TrustVanEck ETF TrustSPYvs. Q4 2025SEC
Q4 2025Feb 17, 202613$41.4MSPYInvesco QQQ Trust Series IVanEck ETF Trust–SEC