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Hmi Capital Management, L.P.: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1469026) · Explore on the interactive board

Hmi Capital Management, L.P. disclosed 13 US equity positions worth $686.3m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is AMZN at 14.8% of the reported book, followed by TOST, NCNO. The top ten holdings are 89.6% of the book, and the portfolio behaves like about 10 equal-weight positions. Versus the prior filing it opened 6 new positions, added to 1, reduced 6 and exited 4. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3934 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$686.3mreported US equity book
13positions
14.8%largest position
89.6%top 10 weight
10.27effective positions (1/HHI)
2quarters on file since Q1 2026

What does Hmi Capital Management, L.P. own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 6 new, 1 added, 6 reduced, 4 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 AMZN AMAZON COM INC Consumer Cyclical 14.8%$101.5m425,950 -20% reduced
2 TOST TOAST INC Technology 14.2%$97.5m3,504,744 -8% reduced
3 NCNO NCINO INC Technology 11.9%$81.6m4,990,713 -26% reduced
4 CPNG COUPANG INC Consumer Cyclical 11.2%$76.7m4,415,300 -25% reduced
5 MSFT MICROSOFT CORP Technology 9.0%$61.7m165,300 -8% reduced
6 TW TRADEWEB MKTS INC Financial Services 6.6%$45.4m455,400 -2% reduced
7 SPOT SPOTIFY TECHNOLOGY S A Communication Services 6.1%$42.0m91,500 new
8 NOW SERVICENOW INC Technology 6.0%$41.3m416,100 67% added
9 AMD ADVANCED MICRO DEVICES INC Technology 5.0%$34.2m58,800 new
10 LPLA LPL FINL HLDGS INC Financial Services 4.9%$33.4m118,600 new
11 NVDA NVIDIA CORPORATION Technology 4.7%$32.6m162,800 new
12 DASH DOORDASH INC Consumer Cyclical 3.9%$26.5m143,400 new
13 APPF APPFOLIO INC Technology 1.8%$12.0m75,000 new

What did Hmi Capital Management, L.P. sell? Positions exited since the previous filing

StockPrior weightPrior value
GTLB GITLAB INC31.3%$57.4m
KLAR KLARNA GROUP PLC29.5%$54.0m
RBLX ROBLOX CORP23.7%$43.4m
FICO FAIR ISAAC CORP15.5%$28.4m

Sector mix

SectorWeight
Technology52.6%
Consumer Cyclical29.8%
Financial Services11.5%
Communication Services6.1%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 202613$686.3m
Q1 202611$754.3m

How concentrated is Hmi Capital Management, L.P.'s portfolio?

Across every quarter Hmi Capital Management, L.P. has filed, its median largest position is 14.8% of the book and its median top-ten weight is 93.1%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 4.0 completed holding spells, the median lasted 1.0 quarters; 13.0 positions are still open and their final length is unknown.