Tyro Capital Management LLC 13F: Quarter-over-Quarter Portfolio Changes
Tyro Capital Management LLC reported a disclosed portfolio value of approximately $445.7 million in its latest SEC Form 13F-HR filing for Q2 2026, up 12.8% quarter on quarter. Over the quarter, the fund initiated 4 new positions, bought more shares in 6 holdings, trimmed 5 holdings, and exited 12 positions.
Tyro Capital Management LLC's top buy was a new stake in Suncrete INC (RMIX) , equal to 7.8% of the disclosed portfolio. Its top sell was Carpenter Technology CORP (CRS) . The fund sold 51.7% of its previously reported shares, reducing the position's portfolio weight by 4.4 percentage points.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| SUNCRETE INC | RMIX | 7.8% | History → |
| EDGEWISE THERAPEUTICS INC | EWTX | 5.6% | Holders → |
| HALLADOR ENERGY COMPANY | HNRG | 2.9% | Holders → |
| NEW ERA ENERGY & DIGITAL INC | NUAI | 2.8% | Holders → |
Top BuysQ2 2026
The fund's top buys among existing positions in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| SONIDA SENIOR LIVING INC | SNDA | +5.5% | +1623.3% | History → |
| HINGE HEALTH INC | HNGE | +7.0% | +714.0% | History → |
| CELSIUS HLDGS INC | CELH | +7.0% | +371.7% | History → |
| ARS PHARMACEUTICALS INC | SPRY | +2.0% | +50.2% | History → |
| CONSTRUCTION PARTNERS INC | ROAD | +-0.0% | +5.1% | Holders → |
| RIVIAN AUTOMOTIVE INC | RIVN | +0.1% | +5.1% | Holders → |
Top SellsQ2 2026
The fund's top sells among positions it retained in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| CARPENTER TECHNOLOGY CORP | CRS | -4.4% | 51.7% | History → |
| ESTABLISHMENT LABS HLDGS INC | ESTA | -4.9% | 47.4% | History → |
| SHARKNINJA INC | SN | -2.0% | 36.5% | History → |
| CROCS INC | CROX | -0.5% | 27.0% | History → |
| CRH PLC | CRH | -3.0% | 21.1% | History → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| WESTERN DIGITAL CORP | WDC | 4.1% |
| SANDISK CORP | SNDK | 4.0% |
| LUMENTUM HLDGS INC | LITE | 2.7% |
| LULULEMON ATHLETICA INC | LULU | 2.4% |
| KLA CORP | KLAC | 2.3% |
| MKS INC. | MKSI | 2.1% |
| ASML HLDG NV | ASML | 2.0% |
| LAM RESEARCH CORP | LRCX | 2.0% |
| ULTRA CLEAN HLDGS INC | UCTT | 1.9% |
| CYTOKINETICS INC | CYTK | 1.1% |
| THE TRADE DESK INC | TTD | 0.5% |
| INTEL CORP | INTC | 0.5% |
Net Portfolio Value ChangeQ2 2026
- $0.4BPrior quarter
- $0.4BCurrent quarter
- +$0.1BNet delta
- +12.8%% change
Methodology & FAQ
How Tyro Capital Management LLC Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Tyro 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 Tyro Capital Management LLC buy in Q2 2026?
In Q2 2026, Tyro Capital Management LLC initiated 4 new positions (SUNCRETE INC (RMIX), EDGEWISE THERAPEUTICS INC (EWTX), HALLADOR ENERGY COMPANY (HNRG), NEW ERA ENERGY & DIGITAL INC (NUAI)); bought more shares of SONIDA SENIOR LIVING INC (SNDA), HINGE HEALTH INC (HNGE), CELSIUS HLDGS INC (CELH), ARS PHARMACEUTICALS INC (SPRY), CONSTRUCTION PARTNERS INC (ROAD) (the largest 5 of 6 adds).
What stocks did Tyro Capital Management LLC sell in Q2 2026?
In Q2 2026, Tyro Capital Management LLC fully sold 12 positions (WESTERN DIGITAL CORP (WDC), SANDISK CORP (SNDK), LUMENTUM HLDGS INC (LITE), LULULEMON ATHLETICA INC (LULU), KLA CORP (KLAC), MKS INC. (MKSI), ASML HLDG NV (ASML), LAM RESEARCH CORP (LRCX), ULTRA CLEAN HLDGS INC (UCTT), CYTOKINETICS INC (CYTK), THE TRADE DESK INC (TTD), INTEL CORP (INTC)); reduced holdings in CARPENTER TECHNOLOGY CORP (CRS), ESTABLISHMENT LABS HLDGS INC (ESTA), SHARKNINJA INC (SN), CROCS INC (CROX), CRH PLC (CRH).
Which positions did Tyro Capital Management LLC initiate in Q2 2026?
Tyro Capital Management LLC established 4 new positions in Q2 2026: SUNCRETE INC (RMIX, 7.8%), EDGEWISE THERAPEUTICS INC (EWTX, 5.6%), HALLADOR ENERGY COMPANY (HNRG, 2.9%), NEW ERA ENERGY & DIGITAL INC (NUAI, 2.8%).
Which existing positions saw the largest allocation increases for Tyro Capital Management LLC in Q2 2026?
Of 6 existing positions with share-count increases in Q2 2026, the largest were: SONIDA SENIOR LIVING INC (SNDA, +5.5% weight, +1623.3% shares), HINGE HEALTH INC (HNGE, +7.0% weight, +714.0% shares), CELSIUS HLDGS INC (CELH, +7.0% weight, +371.7% shares), ARS PHARMACEUTICALS INC (SPRY, +2.0% weight, +50.2% shares), CONSTRUCTION PARTNERS INC (ROAD, +-0.0% weight, +5.1% shares), RIVIAN AUTOMOTIVE INC (RIVN, +0.1% weight, +5.1% shares).
Which positions did Tyro Capital Management LLC fully exit in Q2 2026?
Tyro Capital Management LLC fully exited 12 positions in Q2 2026: WESTERN DIGITAL CORP (WDC, last-reported weight 4.1%), SANDISK CORP (SNDK, last-reported weight 4.0%), LUMENTUM HLDGS INC (LITE, last-reported weight 2.7%), LULULEMON ATHLETICA INC (LULU, last-reported weight 2.4%), KLA CORP (KLAC, last-reported weight 2.3%), MKS INC. (MKSI, last-reported weight 2.1%), ASML HLDG NV (ASML, last-reported weight 2.0%), LAM RESEARCH CORP (LRCX, last-reported weight 2.0%), ULTRA CLEAN HLDGS INC (UCTT, last-reported weight 1.9%), CYTOKINETICS INC (CYTK, last-reported weight 1.1%), THE TRADE DESK INC (TTD, last-reported weight 0.5%), INTEL CORP (INTC, last-reported weight 0.5%).
Which existing positions saw the largest allocation reductions for Tyro Capital Management LLC in Q2 2026?
Of 5 existing positions with share-count reductions in Q2 2026, the largest were: CARPENTER TECHNOLOGY CORP (CRS, -4.4% weight, -51.7% shares), ESTABLISHMENT LABS HLDGS INC (ESTA, -4.9% weight, -47.4% shares), SHARKNINJA INC (SN, -2.0% weight, -36.5% shares), CROCS INC (CROX, -0.5% weight, -27.0% shares), CRH PLC (CRH, -3.0% weight, -21.1% 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.