SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Union Square Park Capital Management, LLC

CIK 0001666231 · 1120 AVENUE OF THE AMERICAS, SUITE 1502, NEW YORK, NY, 10036 · 3475146126

Reported Value
$238M
Q2 2025
Positions
51
Filings on Record
26
2019–present window
Filed
Aug 12, 2025
original filing

Summary

Union Square Park Capital Management, LLC reported $238M in U.S.-listed holdings across 51 positions for Q2 2025.

Its largest position, RH, represents 4.0% of the portfolio.

Compared with Q1 2025, the fund opened 16 new positions and exited 10.

Portfolio Metrics

Turnover
+13.7%
vs prior filed quarter
Top-10 Concentration
+24.5%
share of reported value
Largest Position
+4.0%
Rh
New / Exited
16 / 10
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $166MQ4 ’20Q1 ’21: $304MQ2 ’21: $224MQ3 ’21: $289MQ3 ’21Q4 ’21: $317MQ1 ’22: $280MQ2 ’22: $98MQ2 ’22Q3 ’22: $103MQ4 ’22: $38MQ1 ’23: $65MQ1 ’23Q2 ’23: $126MQ3 ’23: $87MQ4 ’23: $135MQ4 ’23Q1 ’24: $126MQ2 ’24: $113MQ3 ’24: $138MQ3 ’24Q4 ’24: $155MQ1 ’25: $152MQ2 ’25: $238MQ2 ’25Q3 ’25: $281MQ4 ’25: $208MQ1 ’26: $176MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 53.6%ETP: 34.9%Other: 8.4%REIT: 2.4%Equity WRT: 0.6%
  • Common Stock · 53.6% · $127M
  • ETP · 34.9% · $83M
  • Other · 8.4% · $20M
  • REIT · 2.4% · $6M
  • Equity WRT · 0.6% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR S&P 500 ETF TRNEW+73.5K73.5K+$45M$45M
SLNOEURSOLENO THERAPEUTICS INCNEW+65.0K65.0K+$5M$5M
HOODROBINHOOD MKTS INCNEW+55.0K55.0K+$5M$5M
FWRDFORWARD AIR CORPNEW+175.0K175.0K+$4M$4M
TDOCTELADOC HEALTH INCNEW+250.0K250.0K+$2M$2M
OXYOCCIDENTAL PETE CORPNEW+45.0K45.0K+$2M$2M
CORZCORE SCIENTIFIC INC NEWNEW+100.0K100.0K+$2M$2M
LYFTLYFT INCNEW+105.0K105.0K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2025

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1RHRHhistory →COM3.97%$9M50.0K
2CZRCAESARS ENTERTAINMENT INC NEhistory →COM3.70%$9M310.0K
3ESTABLISHMENT LABS HLDGS INCCOM3.05%$7M170.0K
4ILPTINDUSTRIAL LOGISTICS PPTYS Thistory →COM SHS BEN INT2.44%$6M1.27M
5SPWHSPORTSMANS WHSE HLDGS INChistory →COM2.32%$6M1.60M
6HGVHILTON GRAND VACATIONS INChistory →COM2.09%$5M120.0K
7FWRDFORWARD AIR CORPhistory →COM1.80%$4M175.0K
8MHKMOHAWK INDS INChistory →COM1.76%$4M40.0K
9PTONPELOTON INTERACTIVE INChistory →CL A COM1.68%$4M575.0K
10RDNWRUMBLEON INChistory →COM CL B1.65%$4M1.70M
11GDENGOLDEN ENTMT INChistory →COM1.49%$4M120.8K
12COMPCOMPASS INChistory →CL A1.39%$3M525.0K
13CEGCONSTELLATION ENERGY CORPhistory →COM1.36%$3M10.0K
14NRANRG ENERGY INChistory →COM NEW1.35%$3M20.0K
15DOCUDOCUSIGN INChistory →COM1.31%$3M40.0K
16TLNTALEN ENERGY CORPhistory →COM1.22%$3M10.0K
17AMDADVANCED MICRO DEVICES INChistory →COM1.19%$3M20.0K
18ORCLORACLE CORPhistory →COM1.15%$3M12.5K
19VRTVERTIV HOLDINGS COhistory →COM CL A1.08%$3M20.0K
20DDOGDATADOG INChistory →CL A COM1.07%$3M19.0K
21DELLDELL TECHNOLOGIES INChistory →CL C1.03%$2M20.0K
22VYXNCR VOYIX CORPORATIONCOM0.99%$2M200.0K
23ANETARISTA NETWORKS INCCOM SHS0.86%$2M20.0K
24VSTVISTRA CORPCOM0.81%$2M10.0K
25OXYOCCIDENTAL PETE CORPCOM0.79%$2M45.0K
26METAMETA PLATFORMS INCCL A0.78%$2M2.5K
27SLNOEURSOLENO THERAPEUTICS INCCOM0.70%$2M20.0K
28LYFTLYFT INCCL A COM0.70%$2M105.0K
29CORZWCORE SCIENTIFIC INC NEW*W EXP 01/23/2020.63%$1M137.5K
30AMRIZE LTDSHS0.62%$1M30.0K
31ANYWHERE REAL ESTATE INCCOM0.61%$1M400.0K
32LIONLIONSGATE STUDIOS CORPCOM0.49%$1M200.0K
33CHECK POINT SOFTWARE TECH LTORD0.46%$1M5.0K
34COHEN CIRCLE ACQUISITION CORSHS CL A0.42%$1M91.2K
35ADBEADOBE INCCOM0.41%$967,2002.5K
36BIT DIGITAL INCSHS0.28%$657,000300.0K
37HIMSHIMS & HERS HEALTH INCCOM CL A0.21%$498,50010.0K
38TDOCTELADOC HEALTH INCCOM0.18%$435,50050.0K
39FLDFOLD HLDGS INCCOM CL A0.11%$250,23059.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$176M58May 15, 2026RESTATEMENTchanges · EDGAR ↗
Q4 2025$208M49Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$281M56Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$238M51Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$152M44May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$155M33Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$138M34Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$113M31Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$126M29May 15, 2024RESTATEMENTchanges · EDGAR ↗
Q4 2023$135M42Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$87M30Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$126M34Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$65M26May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$38M24Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$103M96Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$98M117Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$280M128May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$317M133Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$289M80Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$224M63Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$304M91May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$166M77Feb 12, 202113F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.