Connor Haley - Alta Fox Capital Management 13F Activity & Position Changes (Q1 2025)

According to the SEC 13F filed on May 15, 2025, the Alta Fox Capital Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2025, the filing reported:

New Buys - Ares Management Corporation, ATI Inc., Arcos Dorados, The Joint Corp., Riskified, and 3 more

Increases - Daktronics, Inc., Integral Ad Science Holding Cor, IDT Corporation

Reductions - Amazon.com, Inc., DoubleVerify Holdings, Inc., Microsoft Corporation, REV Group, Inc.

Complete Exits - Build-A-Bear Workshop, Inc., Forward Air Corporation, Mastercard Incorporated, Meta Platforms, Inc., NerdWallet, Inc., and 1 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2025	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-20,652	-19.9%	$15.79M	83,000
Q1 2025	ARES Ares Management Corporation	Ares Management Corporation	Buy - Position Entry	+16,732	-	$2.45M	16,732
Q1 2025	ATI ATI Inc.	ATI Inc.	Buy - Position Entry	+216,300	-	$11.25M	216,300
Q1 2025	BBW Build-A-Bear Workshop, Inc.	Build-A-Bear Workshop, Inc.	Sell - Position Exit	-122,300	-100.0%	$0.00	-
Q1 2025	DAKT Daktronics, Inc.	Daktronics, Inc.	Buy	+2,899,263	+94.3%	$72.76M	5,973,599
Q1 2025	DV DoubleVerify Holdings, Inc.	DoubleVerify Holdings, Inc.	Sell	-929,769	-73.6%	$4.46M	333,465
Q1 2025	FWRD Forward Air Corporation	Forward Air Corporation	Sell - Position Exit	-692,144	-100.0%	$0.00	-
Q1 2025	G0457F107 Arcos Dorados	Arcos Dorados	Buy - Position Entry	+1,120,700	-	$9.03M	1,120,700
Q1 2025	IAS Integral Ad Science Holding Cor	Integral Ad Science Holding Cor	Buy	+1,208,253	+20831.9%	$9.79M	1,214,053
Q1 2025	IDT IDT Corporation	IDT Corporation	Buy	+37,125	+37.5%	$6.98M	136,060
Q1 2025	JYNT The Joint Corp.	The Joint Corp.	Buy - Position Entry	+403,096	-	$5.03M	403,096
Q1 2025	M8216R109 Riskified	Riskified	Buy - Position Entry	+757,044	-	$3.50M	757,044
Q1 2025	MA Mastercard Incorporated	Mastercard Incorporated	Sell - Position Exit	-13,000	-100.0%	$0.00	-
Q1 2025	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell - Position Exit	-18,400	-100.0%	$0.00	-
Q1 2025	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-19,500	-31.6%	$15.88M	42,300
Q1 2025	NRDS NerdWallet, Inc.	NerdWallet, Inc.	Sell - Position Exit	-809,086	-100.0%	$0.00	-
Q1 2025	REVG REV Group, Inc.	REV Group, Inc.	Sell	-194,365	-7.8%	$72.77M	2,302,802
Q1 2025	RHLD Resolute Holdings	Resolute Holdings	Buy - Position Entry	+165,149	-	$5.18M	165,149
Q1 2025	TNC Tennant Company	Tennant Company	Buy - Position Entry	+916	-	$73.05K	916
Q1 2025	TRS TriMas Corporation	TriMas Corporation	Buy - Position Entry	+742,005	-	$17.39M	742,005
Q1 2025	WLY John Wiley & Sons, Inc.	John Wiley & Sons, Inc.	Sell - Position Exit	-347,047	-100.0%	$0.00	-