Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (17 quarters reported)
$165M in Q2 2022 → $235M now. Hover for any quarter.
As reported for the quarter ended June 30, 2026. Activity is the change in share count since the prior quarter's filing.
| Holding | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| Ncino Inc | 25.4% | Trimmed 18% | 3,639,442 | $59.5M |
| ML Mesa Labs Inc | 20.2% | Added 18% | 477,126 | $47.5M |
| Alkami Technology Inc | 17.3% | Added 24% | 2,239,524 | $40.6M |
| Corpay Inc | 12.4% | Trimmed 0.9% | 87,472 | $29.2M |
| Tyler Technologies Inc | 7.8% | Added 3.9% | 62,642 | $18.3M |
| SC Sps Comm Inc | 4.4% | New | 180,912 | $10.3M |
| VS Veeva Sys Inc | 4.0% | Added 60% | 52,738 | $9.36M |
| Transdigm Group Inc | 3.5% | Trimmed 6.2% | 6,078 | $8.1M |
| Procore Technologies Inc | 3.1% | Trimmed 15% | 176,896 | $7.19M |
| I3 Verticals Inc | 2.0% | Trimmed 74% | 215,319 | $4.6M |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.
quarter ended June 30, 2026 · filed July 31, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| I3 Verticals Inc | Trimmed | −604,306 | −$12.9M | 2.0% |
| Ncino Inc | Trimmed | −780,503 | −$12.8M | 25.4% |
| SC Sps Comm Inc | New | +180,912 | +$10.3M | 4.4% |
| Alkami Technology Inc | Added | +440,308 | +$7.98M | 17.3% |
| ML Mesa Labs Inc | Added | +71,543 | +$7.12M | 20.2% |
| VS Veeva Sys Inc | Added | +19,829 | +$3.52M | 4.0% |
| Procore Technologies Inc | Trimmed | −32,290 | −$1.31M | 3.1% |
| Tyler Technologies Inc | Added | +2,333 | +$682K | 7.8% |
| Transdigm Group Inc | Trimmed | −400 | −$533K | 3.5% |
| Corpay Inc | Trimmed | −823 | −$274K | 12.4% |
quarter ended March 31, 2026 · filed May 14, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Docebo Inc | Exited | −975,088 | −$21.6M | — |
| Alkami Technology Inc | Trimmed | −1,341,899 | −$21M | 12.8% |
| Tyler Technologies Inc | New | +60,309 | +$20.6M | 9.4% |
| ML Mesa Labs Inc | Added | +178,360 | +$15.8M | 16.3% |
| Corpay Inc | Trimmed | −46,849 | −$13.6M | 11.7% |
| Ncino Inc | Added | +753,723 | +$11.3M | 30.1% |
| Transdigm Group Inc | New | +6,478 | +$7.51M | 3.4% |
| I3 Verticals Inc | Trimmed | −273,793 | −$6.12M | 8.3% |
| VS Veeva Sys Inc | New | +32,909 | +$5.78M | 2.6% |
| Procore Technologies Inc | Trimmed | −41,646 | −$2.37M | 5.4% |
quarter ended December 31, 2025 · filed February 17, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| ML Mesa Labs Inc | New | +227,223 | +$17.8M | 6.1% |
| Alkami Technology Inc | Added | +572,292 | +$13.2M | 24.8% |
| Ncino Inc | Added | +300,221 | +$7.7M | 32.1% |
| Procore Technologies Inc | Trimmed | −28,315 | −$2.06M | 6.2% |
| I3 Verticals Inc | Added | +53,571 | +$1.35M | 9.4% |
| Docebo Inc | Trimmed | −40,100 | −$890K | 7.4% |
| IT Ishares Tr | Exited | −2,135 | −$517K | — |
| Corpay Inc | Trimmed | −820 | −$247K | 13.9% |
quarter ended September 30, 2025 · filed November 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Ncino Inc | Trimmed | −1,421,868 | −$38.5M | 33.0% |
| Alkami Technology Inc | Added | +1,490,357 | +$37M | 23.1% |
| Docebo Inc | Trimmed | −161,562 | −$4.42M | 10.0% |
| Procore Technologies Inc | Trimmed | −9,133 | −$666K | 7.4% |
| Corpay Inc | Trimmed | −2,039 | −$587K | 14.2% |
| IT Ishares Tr | New | +2,135 | +$517K | 0.2% |
quarter ended June 30, 2025 · filed August 13, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Ncino Inc | Added | +1,815,868 | +$50.8M | 45.5% |
| Procore Technologies Inc | Trimmed | −237,596 | −$16.3M | 6.7% |
| SA Silvercrest Asset Mgmt Group | Exited | −910,328 | −$14.9M | — |
| Corpay Inc | Added | +40,476 | +$13.4M | 15.5% |
| Workday Inc | Exited | −56,911 | −$13.3M | — |
| Alkami Technology Inc | Added | +392,934 | +$11.8M | 11.0% |
| Docebo Inc | Added | +275,176 | +$7.96M | 11.6% |
| CC Charter Communications Inc N | Exited | −20,171 | −$7.43M | — |
| Liberty Broadband Corp | Exited | −49,284 | −$4.19M | — |
| I3 Verticals Inc | Added | +41,851 | +$1.15M | 9.7% |
quarter ended March 31, 2025 · filed May 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Salesforce Inc | Exited | −90,119 | −$30.1M | — |
| Alkami Technology Inc | Added | +516,034 | +$13.5M | 7.0% |
| Ncino Inc | Trimmed | −297,191 | −$8.16M | 31.6% |
| Corpay Inc | Added | +14,305 | +$4.99M | 13.1% |
| Docebo Inc | Added | +161,519 | +$4.64M | 10.0% |
| Workday Inc | Added | +9,858 | +$2.3M | 5.1% |
| Procore Technologies Inc | Added | +12,325 | +$814K | 13.4% |
| SA Silvercrest Asset Mgmt Group | Trimmed | −30,470 | −$498K | 5.8% |
| I3 Verticals Inc | Added | +18,219 | +$449K | 9.5% |
| Liberty Broadband Corp | Trimmed | −646 | −$54.9K | 1.6% |
quarter ended December 31, 2024 · filed February 12, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Liberty Broadband Corp | Trimmed | −240,519 | −$18M | 1.2% |
| Corpay Inc | Trimmed | −52,750 | −$17.9M | 9.1% |
| Ncino Inc | Trimmed | −452,214 | −$15.2M | 35.6% |
| Workday Inc | New | +47,053 | +$12.1M | 3.9% |
| Procore Technologies Inc | Added | +155,501 | +$11.7M | 12.5% |
| CC Charter Communications Inc N | New | +20,171 | +$6.91M | 2.2% |
| Salesforce Inc | Trimmed | −10,708 | −$3.58M | 9.8% |
| Alkami Technology Inc | Trimmed | −41,250 | −$1.51M | 2.0% |
| I3 Verticals Inc | Added | +46,679 | +$1.08M | 7.3% |
| Liberty Broadband Corp | Exited | −12,337 | −$948K | — |
Showing the 10 largest of 11 changes.
quarter ended September 30, 2024 · filed November 12, 2024
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Ncino Inc | Added | +1,131,271 | +$35.7M | 38.1% |
| Alkami Technology Inc | Trimmed | −491,741 | −$15.5M | 2.2% |
| I3 Verticals Inc | Added | +355,392 | +$7.57M | 6.5% |
| Salesforce Inc | Added | +23,933 | +$6.55M | 9.0% |
| Docebo Inc | Added | +45,022 | +$1.99M | 10.5% |
| Corpay Inc | Trimmed | −4,688 | −$1.47M | 13.8% |
| Procore Technologies Inc | Added | +19,547 | +$1.21M | 7.2% |
| Liberty Broadband Corp | Trimmed | −10,281 | −$795K | 7.3% |
| Liberty Broadband Corp | Trimmed | −636 | −$48.9K | 0.3% |
Loading...
