Keenan Capital, LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Keenan Capital, LLC disclosed 9 US equity positions worth $549.0m in its Q4 2025 13F filing. The largest position was APP at 21.7% of the reported book, followed by CWAN and GLBE. Against the Q3 2025 filing, it opened 2 new positions, added to 3 and reduced 2 among the top 9 holdings.
What did Keenan Capital, LLC own in Q4 2025? Top 9 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | APP APPLOVIN CORP | Communication Services | 21.7% | $119.1m | 176,725 | -14% | reduced |
| 2 | CWAN CLEARWATER ANALYTICS HLDGS I | Technology | 16.1% | $88.3m | 3,660,973 | – | new |
| 3 | GLBE GLOBAL E ONLINE LTD | Consumer Cyclical | 13.4% | $73.3m | 1,865,262 | 5% | added |
| 4 | WDAY WORKDAY INC | Technology | 12.5% | $68.6m | 319,241 | 9% | added |
| 5 | GDDY GODADDY INC | Technology | 12.3% | $67.6m | 545,031 | 10% | added |
| 6 | DT DYNATRACE INC | Technology | 11.5% | $62.9m | 1,450,534 | 0% | held |
| 7 | ARX ACCELERANT HOLDINGS | 9.4% | $51.3m | 3,139,980 | – | new | |
| 8 | JAMF JAMF HLDG CORP | 2.7% | $14.6m | 1,120,000 | -64% | reduced | |
| 9 | SAIL SAILPOINT INC | Technology | 0.6% | $3.3m | 164,515 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.