Nine Ten Capital Management LLC 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Nine Ten Capital Management LLC disclosed 9 US equity positions worth $388.0m in its Q3 2025 13F filing. The largest position was MGNI at 16.0% of the reported book, followed by IRMD and SAPIENS INTL CORP N V. Against the Q2 2025 filing, it opened 0 new positions, added to 2 and reduced 3 among the top 9 holdings.
What did Nine Ten Capital Management LLC own in Q3 2025? Top 9 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | MGNI MAGNITE INC | Communication Services | 16.0% | $62.3m | 2,858,583 | 0% | held |
| 2 | IRMD IRADIMED CORP | Healthcare | 14.1% | $54.9m | 771,384 | -12% | reduced |
| 3 | SAPIENS INTL CORP N V | 12.7% | $49.4m | 1,149,230 | 0% | held | |
| 4 | CLBT CELLEBRITE DI LTD | Technology | 11.8% | $45.9m | 2,479,727 | 17% | added |
| 5 | GPGI COMPOSECURE INC | Industrials | 11.4% | $44.2m | 2,123,312 | 1% | added |
| 6 | SNEX STONEX GROUP INC | Financial Services | 10.9% | $42.1m | 417,486 | -6% | reduced |
| 7 | WINA WINMARK CORP | Consumer Cyclical | 10.8% | $41.8m | 83,900 | 0% | held |
| 8 | AGYS AGILYSYS INC | Technology | 9.9% | $38.2m | 363,239 | 0% | held |
| 9 | RHLD RESOLUTE HLDGS MGMT INC | 2.4% | $9.1m | 126,777 | -3% | 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.