CIK 949853
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 |
|---|---|---|
| Semiconductors & Semiconductor Equipment | 23.38% | 2 |
| Software & IT Services | 23.34% | 4 |
| Unclassified | 17.32% | 3 |
| Software | 11.71% | 4 |
| Banks | 10.84% | 1 |
| Health Care Providers & Services | 5.14% | 1 |
| Entertainment | 3.26% | 1 |
| Capital Markets | 2.35% | 1 |
| Commercial Services & Supplies | 1.54% | 1 |
| Media & Entertainment | 1.13% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | PENG | Penguin Solutions, Inc. | Information Technology | 14.61% |
| 2 | EEFT | EURONET WORLDWIDE, INC. | Financials | 10.84% |
| 3 | FIVN | Five9, Inc. | Information Technology | 10.32% |
| 4 | ALLT | ALLOT LTD | Unclassified | 10.24% |
| 5 | INDI | indie Semiconductor, Inc. | Information Technology | 8.76% |
| 6 | MGNI | MAGNITE, INC. | Information Technology | 5.50% |
| 7 | DCGO | DocGo Inc. | Health Care | 5.14% |
| 8 | CMRC | Commerce.com, Inc. | Information Technology | 5.09% |
| 9 | PUBM | PubMatic, Inc. | Information Technology | 4.01% |
| 10 | SMWB | SIMILARWEB LTD | Unclassified | 3.55% |
16/19 names classified · sector 82.7% of weight · industry 82.7% · mkt cap 81.0%; 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: 82.7% of the book is sector-classified (unclassified names shown, never dropped).
Only 44% of book weight classified — the grid is NOT representative of the whole book.
Classified: 44.4% of book weight (6/19 names) · unclassified 55.6%: ALLT, INDI, DCGO, CMRC, PUBM, SMWB, , ASUR, BLZE, GENI +3 more. 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 | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | PENGPENGUIN SOLUTIONS INC | 305,000 | $5M | 14.6% | HOLD |
| 2 | EEFTEURONET WORLDWIDE INC | 60,000 | $4M | 10.8% | ADD 50% |
| 3 | FIVNFIVE9 INC | 250,000 | $4M | 10.3% | ADD 39% |
| 4 | ALLTALLOT LTD | 565,000 | $4M | 10.2% | TRIM −10% |
| 5 | INDIINDIE SEMICONDUCTOR INC | 1,000,000 | $3M | 8.8% | ADD 5% |
| 6 | MGNIMAGNITE INC | 170,000 | $2M | 5.5% | ADD 21% |
| 7 | DCGODOCGO INC | 3,000,000 | $2M | 5.1% | HOLD |
| 8 | CMRCCOMMERCE.COM INC | 700,000 | $2M | 5.1% | ADD 17% |
| 9 | PUBMPUBMATIC INC | 180,000 | $1M | 4.0% | ADD 125% |
| 10 | SMWBSIMILARWEB LTD | 500,000 | $1M | 3.6% | ADD 108% |
| 11 | ON24 INC | 160,000 | $1M | 3.5% | TRIM −47% |
| 12 | ASURASURE SOFTWARE INC | 150,000 | $1M | 3.5% | HOLD |
| 13 | BLZEBACKBLAZE INC | 360,000 | $1M | 3.4% | ADD 20% |
| 14 | GENIGENIUS SPORTS LIMITED | 270,000 | $1M | 3.3% | ADD 13% |
| 15 | APPSDIGITAL TURBINE INC | 300,000 | $864,000 | 2.4% | ADD 3% |
| 16 | MCHXMARCHEX INC | 400,000 | $620,000 | 1.7% | HOLD |
| 17 | GDYNGRID DYNAMICS HLDGS INC | 100,000 | $570,000 | 1.6% | HOLD |
| 18 | OPRXOPTIMIZERX CORP | 90,000 | $565,200 | 1.5% | ADD 64% |
| 19 | GAIAGAIA INC NEW | 150,000 | $415,500 | 1.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| PENGPENGUIN SOLUTIONS INC | — | — | — | 300K | 300K | 305K | $5M |
| EEFTEURONET WORLDWIDE INC | — | — | 25K | 45K | 40K | 60K | $4M |
| FIVNFIVE9 INC | — | — | 100K | 160K | 180K | 250K | $4M |
| ALLTALLOT LTD | 1.3M | 1.0M | 905K | 750K | 630K | 565K | $4M |
| INDIINDIE SEMICONDUCTOR INC | 1.1M | 1.1M | 1.0M | 1.0M | 950K | 1.0M | $3M |
| MGNIMAGNITE INC | 195K | 150K | 130K | 100K | 140K | 170K | $2M |
| DCGODOCGO INC | 1.6M | 2.0M | 3.2M | 3.2M | 3.0M | 3.0M | $2M |
| CMRCCOMMERCE.COM INC | — | 140K | 300K | 600K | 600K | 700K | $2M |
| PUBMPUBMATIC INC | — | — | — | 120K | 80K | 180K | $1M |
| SMWBSIMILARWEB LTD | 400K | 300K | 240K | 240K | 240K | 500K | $1M |
| ON24 INC | 75K | 160K | 300K | 320K | 300K | 160K | $1M |
| ASURASURE SOFTWARE INC | 349K | 220K | 200K | 200K | 150K | 150K | $1M |
| BLZEBACKBLAZE INC | 320K | 400K | 370K | 290K | 300K | 360K | $1M |
| GENIGENIUS SPORTS LIMITED | 400K | 340K | 250K | 240K | 240K | 270K | $1M |
| APPSDIGITAL TURBINE INC | 200K | 550K | 380K | 325K | 290K | 300K | $864,000 |
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.
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