Divisar Capital Management LLC 13F: Quarter-over-Quarter Portfolio Changes
Divisar Capital Management LLC reported a disclosed portfolio value of approximately $392.4 million in its latest SEC Form 13F-HR filing for Q1 2026, up 10.2% quarter on quarter. Over the quarter, the fund initiated 2 new positions, bought more shares in 12 holdings, trimmed 10 holdings, and exited 2 positions.
Divisar Capital Management LLC's top buy was Vertex INC (VERX) . The fund bought 378.3% more shares, lifting the position's portfolio weight by 2.2 percentage points. Its top sell was Nlight INC (LASR) . The fund sold 69.4% of its previously reported shares, reducing the position's portfolio weight by 1.8 percentage points.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| DINE BRANDS GLOBAL INC | DIN | 1.6% | Holders → |
| OXFORD INDS INC | OXM | 0.2% | Holders → |
Top BuysQ1 2026
Showing the top 10 buys among 12 existing positions where the fund bought more shares in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| VERTEX INC | VERX | +2.2% | +378.3% | Holders → |
| BOX INC | BOX | +2.3% | +239.3% | Holders → |
| WEAVE COMMUNICATIONS INC | WEAV | +0.9% | +217.0% | Holders → |
| RXO INC | RXO | +2.0% | +89.6% | Holders → |
| ORION S.A. | OEC | +1.8% | +30.1% | History → |
| POLARIS INC | PII | +-0.6% | +18.1% | History → |
| ABERCROMBIE & FITCH CO | ANF | +-0.5% | +15.2% | Holders → |
| CALIX INC | CALX | +-0.2% | +13.4% | Holders → |
| BRUNSWICK CORP | BC | +0.0% | +13.3% | History → |
| ZUMIEZ INC | ZUMZ | +-0.3% | +11.6% | Holders → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| NLIGHT INC | LASR | -1.8% | 69.4% | Holders → |
| LUMENTUM HLDGS INC | LITE | -2.7% | 59.5% | History → |
| ULTRA CLEAN HLDGS INC | UCTT | -0.1% | 55.8% | History → |
| ADTRAN HOLDINGS INC | ADTN | -1.6% | 40.7% | History → |
| KULICKE & SOFFA INDS INC | KLIC | -0.8% | 34.1% | History → |
| VIAVI SOLUTIONS INC | VIAV | 0.2% | 31.2% | Holders → |
| PDF SOLUTIONS INC | PDFS | -0.9% | 18.0% | History → |
| ONTO INNOVATION INC | ONTO | 0.7% | 9.0% | History → |
| TTM TECHNOLOGIES INC | TTMI | 0.5% | 7.8% | Holders → |
| MASTERCRAFT BOAT HLDGS INC | MCFT | -0.2% | 4.8% | Holders → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| COHU INC | COHU | 1.4% |
| STITCH FIX INC | SFIX | 0.7% |
Net Portfolio Value ChangeQ1 2026
- $0.4BPrior quarter
- $0.4BCurrent quarter
- +$0.0BNet delta
- +10.2%% change
Methodology & FAQ
How Divisar Capital Management LLC Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Divisar Capital Management LLC: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did Divisar Capital Management LLC buy in Q1 2026?
In Q1 2026, Divisar Capital Management LLC initiated 2 new positions (DINE BRANDS GLOBAL INC (DIN), OXFORD INDS INC (OXM)); bought more shares of VERTEX INC (VERX), BOX INC (BOX), WEAVE COMMUNICATIONS INC (WEAV), RXO INC (RXO), ORION S.A. (OEC) — the largest 5 of 12 adds.
What stocks did Divisar Capital Management LLC sell in Q1 2026?
In Q1 2026, Divisar Capital Management LLC fully sold 2 positions (COHU INC (COHU), STITCH FIX INC (SFIX)); reduced holdings in NLIGHT INC (LASR), LUMENTUM HLDGS INC (LITE), ULTRA CLEAN HLDGS INC (UCTT), ADTRAN HOLDINGS INC (ADTN), KULICKE & SOFFA INDS INC (KLIC) — the largest 5 of 10 reductions.
Which positions did Divisar Capital Management LLC initiate in Q1 2026?
Divisar Capital Management LLC established 2 new positions in Q1 2026: DINE BRANDS GLOBAL INC (DIN, 1.6%), OXFORD INDS INC (OXM, 0.2%).
Which existing positions saw the largest allocation increases for Divisar Capital Management LLC in Q1 2026?
Of 12 existing positions with share-count increases in Q1 2026, the largest were: VERTEX INC (VERX, +2.2% weight, +378.3% shares), BOX INC (BOX, +2.3% weight, +239.3% shares), WEAVE COMMUNICATIONS INC (WEAV, +0.9% weight, +217.0% shares), RXO INC (RXO, +2.0% weight, +89.6% shares), ORION S.A. (OEC, +1.8% weight, +30.1% shares), POLARIS INC (PII, +-0.6% weight, +18.1% shares), ABERCROMBIE & FITCH CO (ANF, +-0.5% weight, +15.2% shares), CALIX INC (CALX, +-0.2% weight, +13.4% shares), BRUNSWICK CORP (BC, +0.0% weight, +13.3% shares), ZUMIEZ INC (ZUMZ, +-0.3% weight, +11.6% shares).
Which positions did Divisar Capital Management LLC fully exit in Q1 2026?
Divisar Capital Management LLC fully exited 2 positions in Q1 2026: COHU INC (COHU, last-reported weight 1.4%), STITCH FIX INC (SFIX, last-reported weight 0.7%).
Which existing positions saw the largest allocation reductions for Divisar Capital Management LLC in Q1 2026?
Of 10 existing positions with share-count reductions in Q1 2026, the largest were: NLIGHT INC (LASR, -1.8% weight, -69.4% shares), LUMENTUM HLDGS INC (LITE, -2.7% weight, -59.5% shares), ULTRA CLEAN HLDGS INC (UCTT, -0.1% weight, -55.8% shares), ADTRAN HOLDINGS INC (ADTN, -1.6% weight, -40.7% shares), KULICKE & SOFFA INDS INC (KLIC, -0.8% weight, -34.1% shares), VIAVI SOLUTIONS INC (VIAV, 0.2% weight, -31.2% shares), PDF SOLUTIONS INC (PDFS, -0.9% weight, -18.0% shares), ONTO INNOVATION INC (ONTO, 0.7% weight, -9.0% shares), TTM TECHNOLOGIES INC (TTMI, 0.5% weight, -7.8% shares), MASTERCRAFT BOAT HLDGS INC (MCFT, -0.2% weight, -4.8% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.