Nine Ten Capital Management LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Nine Ten Capital Management LLC disclosed 8 US equity positions worth $315.8m in its Q4 2025 13F filing. The largest position was MGNI at 15.4% of the reported book, followed by GPGI and CLBT. Against the Q3 2025 filing, it opened 0 new positions, added to 2 and reduced 3 among the top 8 holdings.
What did Nine Ten Capital Management LLC own in Q4 2025? Top 8 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | MGNI MAGNITE INC | Communication Services | 15.4% | $48.7m | 3,003,583 | 5% | added |
| 2 | GPGI COMPOSECURE INC | Industrials | 14.8% | $46.6m | 2,418,904 | 14% | added |
| 3 | CLBT CELLEBRITE DI LTD | Technology | 14.2% | $44.7m | 2,479,727 | 0% | held |
| 4 | AGYS AGILYSYS INC | Technology | 13.7% | $43.2m | 363,239 | 0% | held |
| 5 | IRMD IRADIMED CORP | Healthcare | 13.2% | $41.7m | 428,477 | -44% | reduced |
| 6 | SNEX STONEX GROUP INC | Financial Services | 12.0% | $37.8m | 397,486 | -5% | reduced |
| 7 | WINA WINMARK CORP | Consumer Cyclical | 10.7% | $33.9m | 83,671 | -0% | held |
| 8 | RHLD RESOLUTE HLDGS MGMT INC | 6.1% | $19.2m | 92,980 | -27% | 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.