Q2 2025 · 13F-HR
Shannon River Fund Management LLCholdings as filed
Filed 2025-08-13 · accession 0001013594-25-000992
$752.0M
Reported value
24
Positions
2025-06-30
Period end
The Brief · Shannon River Fund Management LLC · Q2 2025
AI · grounded in 13F
Shannon River Fund Management LLC established a new position in PEGA valued at $112.2M. The fund also initiated new stakes in FLEX for $65M and IWM for $64.7M. Additional new positions include TSEM at $63.6M, MRVL at $55M, and IDCC at $53M. The fund ended the period with 23 positions and total AUM of $751.97M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 705573103 | PEGA | PEGASYSTEMS INC | $74.3M | 9.88% | 1,372,565 | Common | SOLE |
| Y2573F102 | FLEX | FLEX LTD | $65.0M | 8.64% | 1,301,916 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $64.7M | 8.61% | 300,000 | PUT | SOLE |
| M87915274 | TSEM | TOWER SEMICONDUCTOR LTD | $63.6M | 8.46% | 1,467,504 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $55.0M | 7.31% | 710,174 | Common | SOLE |
| 45867G101 | IDCC | INTERDIGITAL INC | $53.0M | 7.05% | 236,571 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $39.7M | 5.28% | 445,440 | Common | SOLE |
| 705573103 | PEGA | PEGASYSTEMS INC | $37.9M | 5.04% | 700,000 | PUT | SOLE |
| M98068105 | WIX | WIX COM LTD | $36.8M | 4.89% | 232,248 | Common | SOLE |
| 40171V100 | GWRE | GUIDEWIRE SOFTWARE INC | $35.5M | 4.72% | 150,708 | Common | SOLE |
| 63947X101 | NCNO | NCINO INC | $34.7M | 4.61% | 1,239,033 | Common | SOLE |
| 256163106 | DOCU | DOCUSIGN INC | $25.4M | 3.38% | 325,915 | Common | SOLE |
| 00827B106 | AFRM | AFFIRM HLDGS INC | $24.7M | 3.28% | 356,563 | Common | SOLE |
| 565394103 | CART | MAPLEBEAR INC | $20.5M | 2.73% | 453,988 | Common | SOLE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $18.8M | 2.50% | 138,008 | Common | SOLE |
| G25457105 | CRDO | CREDO TECHNOLOGY GROUP HOLDI | $17.6M | 2.34% | 190,320 | Common | SOLE |
| N14506104 | ESTC | ELASTIC N V | $15.5M | 2.07% | 184,355 | Common | SOLE |
| 185123106 | CWAN | CLEARWATER ANALYTICS HLDGS I | $14.6M | 1.95% | 667,281 | Common | SOLE |
| 60471A101 | MIR | MIRION TECHNOLOGIES INC | $12.0M | 1.59% | 555,377 | Common | SOLE |
| 12510Q100 | CCC | CCC INTELLIGENT SOLUTIONS HL | $10.1M | 1.35% | 1,077,802 | Common | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $9.8M | 1.31% | 405,534 | Common | SOLE |
| M6191J100 | FROG | JFROG LTD | $9.5M | 1.27% | 216,784 | Common | SOLE |
| 63001N106 | NATL | NCR ATLEOS CORPORATION | $8.8M | 1.17% | 307,366 | Common | SOLE |
| M7S64L123 | PGY | PAGAYA TECHNOLOGIES LTD | $4.4M | 0.58% | 204,171 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.