Divisadero Street Capital Management, LP

Overview

Divisadero Street Capital Management, LP is a hedge fund based in Miami, Florida, focusing on opportunistic and value-driven public equity investments. The firm manages assets totaling approximately $2.29 billion as of September 30, 2025, with a portfolio comprising 136 holdings. Its investment strategy involves acquiring significant minority stakes in companies and engaging in active dialogue with management teams to drive shareholder value. The firm employs fundamental analysis to identify undervalued businesses and seeks to enhance value through constructive engagement or passive ownership. Divisadero Street Capital Management's portfolio is diversified across various industries, including technology, financial services, retail, and industrial sectors. The firm invests across multiple stages, such as growth, late stage, pre-IPO, buyout, turnaround, and distressed situations, tailoring its approach to market conditions and client objectives. As of November 13, 2025, the firm's top holdings include Dave Inc., Super Group (SGHC) Limited, Sezzle Inc., Turning Point Brands Inc., and Indivior PLC. The firm has demonstrated a proactive investment approach, as evidenced by its acquisition of 375,000 shares in Stride, Inc., valued at approximately $55.85 million, representing 2.44% of its reportable U.S. equity assets. This position was established during the third quarter of 2025, highlighting the firm's commitment to identifying and capitalizing on investment opportunities in the public equity market. Divisadero Street Capital Management's investment philosophy emphasizes a combination of deep research and flexibility, allowing it to invest across industries and utilize both long and short positions to achieve its investment objectives. The firm's approach is designed to adapt to changing market conditions while maintaining a focus on value creation for its clients. The firm's leadership includes Managing Member William Zolezzi, who brings experience from previous roles at Prospect Capital Advisors and Global Capital Partners. He holds a degree in Economics from the University of California, Davis. Under his leadership, Divisadero Street Capital Management continues to pursue its mission of delivering value-driven investment solutions to its clients.

Investment Focus

• Opportunistic and value-driven public equity investments
• Significant minority stakes in companies
• Active engagement with management teams
• Fundamental analysis to identify undervalued businesses
• Flexibility to invest across industries and market conditions
• Utilization of both long and short positions
• Adaptability to changing market conditions
• Focus on value creation for clients

Portfolio Companies