GRIZZLYROCK CAPITAL, LLC

CIK 0002011732 · Q2 2026

13F Equity AUM

$143.0M

+13.2% QoQ

Positions

+2 QoQ

AUM Rank

#9,388

Top 75%

Skill Alpha (FF)

-2.7%/yr^ns

No Clear Edge

Rank #6,627 · Top 80%

vs S&P -23.7%/yr (unadj.)

Quarters Tracked

~2 years

Portfolio Concentration

Top 5: 49.1%Top 10: 76.7%Top 20: 100.0%

MGNI15.5%

EEFT10.5%

HCQ9.0%

GSM7.9%

REAX6.2%

DRVN6.1%

XPOF5.7%

GLAS/A/U5.5%

OLN5.5%

AIOT4.8%

Others (10)23.3%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Technology18.9%

Communication Services15.5%

Consumer Cyclical14.6%

Basic Materials13.4%

Consumer Discretionary9.0%

Industrials8.2%

Consumer Defensive6.2%

Real Estate6.2%

Other8.0%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 20Median: 4.70%Avg: 5.00%

0–0.5%

3(1.3%)

0.5–1%

0(0.0%)

1–3%

3(6.3%)

3–5%

5(20.5%)

5%+

9(71.8%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 0Unique: 20vs 20 funds

0%Low

Fund positions

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Loading overlap analysis...

Position Changes This Quarter

New4Increased6Decreased9Exited2

New Positions

GLAS/A/U5.5%

+611K

COMP3.6%

+423K

CELH1.9%

+95K

FRMI1.6%

+244K

Increased

AIOT4.8%

+1.4M(+347%)

REAX6.2%

+1.2M(+34%)

JBI3.2%

+200K(+32%)

XPOF5.7%

+177K(+18%)

EEFT10.5%

+38K(+23%)

AMTM4.6%

+29K(+10%)

Decreased

LDE0.4%

-724,488(-88%)

DRVN6.1%

-548,956(-47%)

HCQ9.0%

-325,733(-45%)

ACVA2.8%

-166,372(-23%)

MGNI15.5%

-74,052(-6%)

GSM7.9%

-62,881(-2%)

OLN5.5%

-50,000(-11%)

GEL0.5%

-22,985(-32%)

RYZ4.3%

-12,000(-5%)

Exited

GLNG

-58,000

OEC

-39,500

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...