CIK 1688282
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Software | 86.40% | 2 |
| Transportation Infrastructure | 9.39% | 1 |
| Commercial Services & Supplies | 2.96% | 1 |
| Automobiles & Components | 1.24% | 1 |
| Unclassified | 0.01% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | BLKB | BLACKBAUD INC | Information Technology | 55.34% |
| 2 | BL | BLACKLINE, INC. | Information Technology | 31.06% |
| 3 | FWRD | FORWARD AIR CORP | Industrials | 9.39% |
| 4 | GRAB | Grab Holdings Ltd | Industrials | 2.96% |
| 5 | HLLY | Holley Inc. | Consumer Discretionary | 1.24% |
| 6 | GRABW | GRAB HOLDINGS LIMITED | Unclassified | 0.01% |
5/6 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 97.0%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 97.0% of book weight (4/6 names) · unclassified 3.0%: GRAB, GRABW. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| BLKBBLACKBAUD INC | 9.8M | 9.8M | 9.8M | 9.8M | 9.8M | 9.8M | $377M |
| BLBLACKLINE INC | 5.7M | 5.7M | 5.7M | 5.7M | 5.7M | 5.7M | $211M |
| FWRDFORWARD AIR CORP | — | — | 3.8M | 3.8M | 3.8M | 3.8M | $64M |
| GRABGRAB HOLDINGS LIMITED | 5.5M | 5.5M | 5.5M | 5.5M | 5.5M | 5.5M | $20M |
| HLLYHOLLEY INC | 2.8M | 2.8M | 2.8M | 2.8M | 2.8M | 2.8M | $8M |
| GRABWGRAB HOLDINGS LIMITED | 500K | 500K | 500K | 500K | 500K | 500K | $38,100 |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
