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Nine Ten Capital Management LLC 13F holdings, Q1 2025

Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →

Nine Ten Capital Management LLC disclosed 11 US equity positions worth $267.9m in its Q1 2025 13F filing. The largest position was IRMD at 17.1% of the reported book, followed by SNEX and CLBT. Against the Q4 2024 filing, it opened 1 new position, added to 4 and reduced 5 among the top 11 holdings.

← Q4 2024 · Q2 2025 →

What did Nine Ten Capital Management LLC own in Q1 2025? Top 11 positions

#StockSectorWeightValueSharesΔ sharesvs Q4 2024
1 IRMD IRADIMED CORP Healthcare 17.1%$45.8m872,003 -4% reduced
2 SNEX STONEX GROUP INC Financial Services 14.6%$39.1m512,486 32% added
3 CLBT CELLEBRITE DI LTD Technology 14.5%$38.8m1,999,034 -45% reduced
4 MGNI MAGNITE INC Communication Services 11.6%$31.2m2,734,830 -12% reduced
5 SAPIENS INTL CORP N V 11.6%$31.1m1,149,230 7% added
6 WINA WINMARK CORP Consumer Cyclical 10.0%$26.7m83,900 0% held
7 AGYS AGILYSYS INC Technology 8.1%$21.8m300,239 90% added
8 GPGI COMPOSECURE INC Industrials 7.0%$18.8m1,729,359 90% added
9 NVEEUSD NV5 GLOBAL INC 2.7%$7.3m379,852 -46% reduced
10 RHLD RESOLUTE HLDGS MGMT INC 1.5%$4.1m131,196 – new
11 FC FRANKLIN COVEY CO Consumer Defensive 1.2%$3.2m114,818 -73% reduced

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.