Raine Capital LLC

Private Equity

Raine Capital LLC is a Private Equity based in New York, NY led by Brandon Wade Gardner, reporting $3.1B in AUM as of Q3 2025 with 71% Consumer Cyclical concentration, with only 2 positions, and 71% allocation to DKNG.

PresidentBrandon Wade Gardner

Portfolio Value: $13.8M
Positions: 2
Top Holding: DKNG at 71.27%
Last Reported: Q3 2025

Address65 East 55th Street, 24th Floor, New York, NY, 10022, United States

Top Holdings

Largest long holdings in Raine Capital LLC's portfolio (100% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 DraftKings Inc. DKNG	Gambling, Resorts & Casinos Consumer Cyclical	$9.9M	71.27%	-$6.6M Sold	0.05% 263.4K shares	Q2 2020 Held for 5y 5m
2 The Beachbody Company BODI	Internet Content & Information Communication Services	$4.0M	28.73%	—	9.48% 671.1K shares	Q1 2022 Held for 3y 8m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Raine Capital LLC's latest filing

See all changes

GthenC

Market Value

$13.8M

Prior: $308.6M

Q/Q Change

-95.52%

-$294.8M

Net Flows % of MV

-2,123.51%

New Purchases

0 stocks

Added To

0 stocks

Sold Out Of

2 stocks

$287.0M

Reduced Holdings

1 stocks

-$6.6M

Increased Positions

Position	Shares Δ	Change
No increased positions

Decreased Positions

Position	Shares Δ	Change
1 Olo OLO	Sold	32.2M → 0 −$286.8M
2 Utilities Select Sector SPDR Fund XLU	Sold	3.2K → 0 −$261.3K
3 DraftKings Inc. DKNG	-39.98%	438.9K → 263.4K −$6.6M