Q4 2025 · 13F-HR
Palogic Value Management, L.P.holdings as filed
Filed 2026-02-17 · accession 0001214659-26-001889
$239.8M
Reported value
159
Positions
2025-12-31
Period end
The Brief · Palogic Value Management, L.P. · Q4 2025
AI · grounded in 13F
Palogic Value Management, L.P. closed its position in QQQ, reducing exposure by $6.0M. The fund also exited positions in PSEC and 8QR, totaling $4.0M in combined sales. New positions were established in CMG for $1.04M and DKS for $989,850. Additionally, the fund increased its share count in FISV by 884.42% and GPN by 151.71%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 037833100 | AAPL | APPLE INC | $12.4M | 5.16% | 45,492 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $10.5M | 4.39% | 33,533 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $10.4M | 4.35% | 30,115 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $7.6M | 3.16% | 15,668 | Common | NONE |
| 78467V608 | SRLN | SSGA ACTIVE ETF TR | $6.9M | 2.87% | 166,745 | Common | NONE |
| 68373J104 | LPRO | OPEN LENDING CORP | $6.7M | 2.79% | 4,320,100 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $5.9M | 2.45% | 48,893 | Common | NONE |
| 088606108 | BHP | BHP GROUP LTD | $5.2M | 2.17% | 86,039 | Common | NONE |
| 464288513 | HYG | ISHARES TR | $4.7M | 1.98% | 58,844 | Common | NONE |
| 70509V100 | PEB | PEBBLEBROOK HOTEL TR | $4.5M | 1.89% | 400,000 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $4.4M | 1.83% | 19,180 | Common | NONE |
| 670657105 | XNEAX | NUVEEN AMT FREE QLTY MUN | $4.3M | 1.79% | 368,787 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $4.1M | 1.72% | 17,881 | Common | NONE |
| 780259305 | SHEL | SHELL PLC | $4.0M | 1.69% | 55,088 | Common | NONE |
| 29975E109 | EB4 | EVENTBRITE INC | $3.9M | 1.63% | 880,000 | Common | SOLE |
| 67071L106 | NVG | NUVEEN AMT FREE MUN CR INC | $3.5M | 1.46% | 276,738 | Common | NONE |
| 67066V101 | NAD | NUVEEN QUALITY MUNCP INCOME | $3.3M | 1.38% | 275,645 | Common | NONE |
| 302492103 | FLYW | FLYWIRE CORPORATION | $3.0M | 1.27% | 215,000 | Common | SOLE |
| 42225T107 | HCAT | HEALTH CATALYST INC | $3.0M | 1.27% | 1,270,041 | Common | SOLE |
| 05988J103 | BAND | BANDWIDTH INC | $3.0M | 1.26% | 195,238 | Common | SOLE |
| 60871R209 | TAP | MOLSON COORS BEVERAGE CO | $2.9M | 1.19% | 61,189 | Common | SOLE |
| 92206C813 | VCLT | VANGUARD SCOTTSDALE FDS | $2.8M | 1.16% | 36,567 | Common | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $2.8M | 1.15% | 50,131 | Common | NONE |
| 37940X102 | GPN | GLOBAL PMTS INC | $2.7M | 1.13% | 35,000 | CALL | SOLE |
| 031162100 | AMGN | AMGEN INC | $2.5M | 1.06% | 7,767 | Common | NONE |
| 68339B104 | ONTF | ON24 INC | $2.4M | 1.00% | 300,000 | Common | SOLE |
| 84445C100 | SLND | SOUTHLAND HLDGS INC | $2.3M | 0.97% | 710,120 | Common | NONE |
| 92511U102 | VRRM | VERRA MOBILITY CORP | $2.2M | 0.93% | 100,000 | Common | SOLE |
| 04010L103 | ARCC | ARES CAPITAL CORP | $2.2M | 0.93% | 110,571 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $2.1M | 0.89% | 6,624 | Common | NONE |
| 30219Q106 | EXFY | EXPENSIFY INC | $2.1M | 0.88% | 1,403,065 | Common | SOLE |
| 117043109 | BC | BRUNSWICK CORP | $2.1M | 0.87% | 28,096 | Common | SOLE |
| 57142B104 | MQ | MARQETA INC | $2.0M | 0.84% | 425,000 | Common | SOLE |
| 62886E108 | VYX | NCR VOYIX CORPORATION | $2.0M | 0.83% | 195,097 | Common | SOLE |
| 69121K104 | OBDC | BLUE OWL CAPITAL | $1.8M | 0.75% | 144,353 | Common | NONE |
| 828806109 | SPG | SIMON PPTY GROUP INC NEW | $1.7M | 0.71% | 9,215 | Common | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $1.7M | 0.71% | 11,876 | Common | NONE |
| 505743104 | LADR | LADDER CAP CORP | $1.6M | 0.68% | 147,399 | Common | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $1.6M | 0.67% | 20,773 | Common | NONE |
| 538146AD3 | LPSN 0 12/15/26 | LIVEPERSON INC | $1.6M | 0.66% | 3,900,000 | Common | SOLE |
| 464288687 | PFF | ISHARES TR | $1.6M | 0.65% | 50,293 | Common | NONE |
| 806857108 | SLB | SLB LIMITED | $1.5M | 0.63% | 39,185 | Common | NONE |
| 803054204 | SAP | SAP SE | $1.5M | 0.62% | 6,119 | Common | NONE |
| 04523Y105 | ASPN | ASPEN AEROGELS INC | $1.5M | 0.62% | 525,000 | Common | SOLE |
| 53229C107 | LSPD | LIGHTSPEED COMMERCE INC | $1.4M | 0.60% | 120,000 | Common | SOLE |
| 13765N107 | CNNE | CANNAE HLDGS INC | $1.4M | 0.60% | 91,579 | Common | SOLE |
| 316500107 | FDUS | FIDUS INVT CORP | $1.4M | 0.60% | 73,993 | Common | NONE |
| 31620R303 | FNF | FIDELITY NATIONAL FINANCIAL | $1.4M | 0.58% | 25,376 | Common | NONE |
| 53115L104 | LBRT | LIBERTY ENERGY INC | $1.4M | 0.58% | 75,000 | Common | SOLE |
| 337738108 | FISV | FISERV INC | $1.4M | 0.56% | 20,161 | Common | SOLE |
| 92538J106 | VERX | VERTEX INC | $1.3M | 0.56% | 67,500 | Common | SOLE |
| 46429B366 | CMBS | ISHARES TR | $1.3M | 0.56% | 27,382 | Common | NONE |
| 670682103 | NMZ | NUVEEN MUN HIGH INCOME | $1.3M | 0.56% | 131,250 | Common | NONE |
| 199333105 | CMCO | COLUMBUS MCKINNON CORP N Y | $1.3M | 0.54% | 75,000 | Common | SOLE |
| 03762U105 | ARI | APOLLO COML REAL EST FIN | $1.3M | 0.53% | 131,809 | Common | NONE |
| 10482B200 | BHR 5.5 PERP b | BRAEMAR HOTELS & RESORTS | $1.3M | 0.53% | 85,661 | Common | NONE |
| 06417N103 | OZK | BANK OZK LITTLE ROCK ARK | $1.3M | 0.53% | 27,500 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $1.3M | 0.53% | 1,855 | Common | NONE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $1.2M | 0.52% | 24,607 | Common | NONE |
| 69355M107 | PDO | PIMCO DYNAMIC INCOME OPRNTS | $1.2M | 0.52% | 90,184 | Common | NONE |
| 925652109 | VICI | VICI PPTYS INC | $1.2M | 0.51% | 43,900 | Common | NONE |
| 88224Q107 | TCBI | TEXAS CAP BANCSHARES INC | $1.2M | 0.51% | 13,558 | Common | SOLE |
| 23331A109 | DHI | D R HORTON INC | $1.2M | 0.50% | 8,286 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $1.2M | 0.49% | 10,291 | Common | NONE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $1.2M | 0.48% | 6,254 | Common | NONE |
| 336433107 | FSLR | FIRST SOLAR INC | $1.1M | 0.46% | 4,257 | Common | NONE |
| 03062T105 | CRMT | AMERICAS CAR-MART INC | $1.1M | 0.45% | 42,799 | Common | SOLE |
| 80349A208 | SAR | SARATOGA INVT CORP | $1.1M | 0.45% | 46,680 | Common | NONE |
| 169656105 | CMG | CHIPOTLE MEXICAN GRILL INC | $1.0M | 0.44% | 28,233 | Common | NONE |
| 131193104 | CALY | TOPGOLF CALLAWAY BRANDS | $1.0M | 0.42% | 86,000 | Common | SOLE |
| 31428X106 | FDX | FEDEX CORP | $1.0M | 0.42% | 3,473 | Common | NONE |
| 253393102 | DKS | DICKS SPORTING GOODS INC | $989,850 | 0.41% | 5,000 | CALL | SOLE |
| 753422104 | RPD | RAPID7 INC | $988,000 | 0.41% | 65,000 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $964,330 | 0.40% | 4,943 | Common | NONE |
| 298736109 | EEFT | EURONET WORLDWIDE INC | $951,375 | 0.40% | 12,500 | Common | SOLE |
| 090043100 | BILL | BILL HOLDINGS INC | $927,180 | 0.39% | 17,000 | Common | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $927,095 | 0.39% | 2,506 | Common | NONE |
| 446150104 | HBAN | HUNTINGTON BANCSHARES INC | $913,478 | 0.38% | 52,650 | Common | NONE |
| 698884103 | PAR | PAR TECHNOLOGY CORP | $907,000 | 0.38% | 25,000 | Common | SOLE |
| 26875P101 | EOG | EOG RES INC | $901,511 | 0.38% | 8,585 | Common | NONE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $888,750 | 0.37% | 5,000 | PUT | SOLE |
| 257554105 | DOMO | DOMO INC | $885,150 | 0.37% | 105,000 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $875,166 | 0.37% | 21,487 | Common | NONE |
| 682680103 | OKE | ONEOK INC NEW | $863,625 | 0.36% | 11,750 | Common | NONE |
| 346232101 | FOR | FORESTAR GROUP INC | $862,050 | 0.36% | 35,000 | Common | SOLE |
| 882508104 | TXN | TEXAS INSTRS INC | $859,990 | 0.36% | 4,957 | Common | NONE |
| 92826C839 | V | VISA INC | $847,666 | 0.35% | 2,417 | Common | NONE |
| 907818108 | UNP | UNION PAC CORP | $837,147 | 0.35% | 3,619 | Common | NONE |
| 46654Q203 | JEPQ | J P MORGAN EXCHANGE TRADED | $836,928 | 0.35% | 14,400 | Common | NONE |
| 101121101 | BXP | BXP INC | $835,335 | 0.35% | 12,379 | Common | NONE |
| 85571B105 | STWD | STARWOOD PPTY TR INC | $822,463 | 0.34% | 45,667 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $821,625 | 0.34% | 2,625 | Common | NONE |
| 67073B106 | JPC | NUVEEN PFD & INCOME | $815,574 | 0.34% | 100,564 | Common | NONE |
| 149123101 | CAT | CATERPILLAR INC | $804,309 | 0.34% | 1,404 | Common | NONE |
| 64361Q101 | VNOM | VIPER ENERGY INC | $799,332 | 0.33% | 20,692 | Common | NONE |
| 053484101 | AVB | AVALONBAY CMNTYS INC | $795,226 | 0.33% | 4,386 | Common | NONE |
| 128125101 | CSQ | CALAMOS STRATEGIC TOTAL | $744,960 | 0.31% | 38,800 | Common | NONE |
| 92189F791 | GDXJ | VANECK ETF TRUST | $739,570 | 0.31% | 6,500 | PUT | SOLE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $648,992 | 0.27% | 5,537 | Common | NONE |
| 500754106 | KHC | KRAFT HEINZ CO | $635,544 | 0.27% | 26,208 | Common | NONE |
| 01626W101 | ALIT | ALIGHT INC | $585,000 | 0.24% | 300,000 | Common | SOLE |
| 26922A420 | QTUM | ETF SER SOLUTIONS | $548,300 | 0.23% | 5,000 | PUT | SOLE |
| 27828S101 | ETG | EATON VANCE TX ADV GLBL DIV | $542,850 | 0.23% | 23,500 | Common | NONE |
| 00724F101 | ADBE | ADOBE INC | $541,435 | 0.23% | 1,547 | Common | NONE |
| 09251A104 | BDJ | BLACKROCK ENHANCED EQUITY | $540,360 | 0.23% | 57,000 | Common | NONE |
| 67070X101 | NZF | NUVEEN MUNICIPAL CREDIT INC | $524,712 | 0.22% | 41,710 | Common | NONE |
| 001175165 | — | SIMILARWEB LTD | $504,998 | 0.21% | 67,423 | Common | SOLE |
| 78468R663 | BIL | SPDR SERIES TRUST | $500,945 | 0.21% | 5,482 | Common | NONE |
| 64828T201 | RITM | RITHM CAPITAL CORP | $491,590 | 0.21% | 45,100 | Common | NONE |
| 26884L109 | EQT | EQT CORP | $481,971 | 0.20% | 8,992 | Common | SOLE |
| 038923108 | ABR | ARBOR REALTY TRUST INC | $472,406 | 0.20% | 60,877 | Common | NONE |
| 217204106 | CPRT | COPART INC | $469,800 | 0.20% | 12,000 | Common | NONE |
| 58933Y105 | MRK | MERCK & CO INC | $462,618 | 0.19% | 4,395 | Common | NONE |
| 863667101 | SYK | STRYKER CORPORATION | $455,154 | 0.19% | 1,295 | Common | NONE |
| 09662W109 | DMB | BNY MELLON MUN BD | $442,348 | 0.18% | 40,250 | Common | NONE |
| 09253N104 | MHD | BLACKROCK MUNIHOLDINGS FD | $441,518 | 0.18% | 37,608 | Common | NONE |
| 256163106 | DOCU | DOCUSIGN INC | $438,581 | 0.18% | 6,412 | Common | NONE |
| 642045108 | AESI | ATLAS ENERGY SOLUTIONS INC | $436,146 | 0.18% | 46,300 | Common | SOLE |
| 49446R109 | KIM | KIMCO RLTY CORP | $435,359 | 0.18% | 21,478 | Common | NONE |
| 11135E203 | BNL | BROADSTONE NET LEASE INC | $434,406 | 0.18% | 25,009 | Common | NONE |
| 33848W106 | DFP | FLAHERTY & CRUMRINE DYNAMIC | $426,195 | 0.18% | 20,500 | Common | NONE |
| 7591EP100 | RF | REGIONS FINANCIAL CORP NEW | $406,500 | 0.17% | 15,000 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORP | $389,820 | 0.16% | 2,000 | Common | NONE |
| 92345Y106 | VRSK | VERISK ANALYTICS INC | $384,523 | 0.16% | 1,719 | Common | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $372,785 | 0.16% | 653 | Common | NONE |
| 902252105 | TYL | TYLER TECHNOLOGIES INC | $368,607 | 0.15% | 812 | Common | NONE |
| 25278X109 | FANG | DIAMONDBACK ENERGY INC | $360,792 | 0.15% | 2,400 | Common | SOLE |
| 09250B103 | XBTAX | BLACKROCK LONG-TERM MUN | $352,863 | 0.15% | 38,024 | Common | NONE |
| 25659T107 | DLB | DOLBY LABORATORIES INC | $349,871 | 0.15% | 5,448 | Common | NONE |
| L8681T102 | SPOT | SPOTIFY TECHNOLOGY S A | $348,426 | 0.15% | 600 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $347,469 | 0.14% | 1,679 | Common | NONE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $342,649 | 0.14% | 2,380 | Common | NONE |
| 74340W103 | PLD | PROLOGIS INC. | $337,150 | 0.14% | 2,641 | Common | NONE |
| 294429105 | EFX | EQUIFAX INC | $335,885 | 0.14% | 1,548 | Common | NONE |
| 09662E109 | DSM | BNY MELLON STRATEGIC MUN BD | $333,365 | 0.14% | 54,030 | Common | NONE |
| 517834107 | LVS | LAS VEGAS SANDS CORP | $325,450 | 0.14% | 5,000 | Common | NONE |
| 989207105 | ZBRA | ZEBRA TECHNOLOGIES | $323,922 | 0.14% | 1,334 | Common | NONE |
| 092508100 | BTZ | BLACKROCK CR ALLOCATION | $318,034 | 0.13% | 29,366 | Common | NONE |
| 67074C103 | NBB | NUVEEN TAXABLE MUNICPAL INM | $316,000 | 0.13% | 20,000 | Common | NONE |
| 6706ER101 | XBXMX | NUVEEN S&P 500 BUY-WRITE | $314,154 | 0.13% | 21,371 | Common | NONE |
| 31620M106 | FIS | FIDELITY NATL INFORMATION | $309,969 | 0.13% | 4,664 | Common | NONE |
| 859241101 | STRL | STERLING INFRASTRUCTURE INC | $306,230 | 0.13% | 1,000 | CALL | SOLE |
| 055622104 | BP | BP PLC | $297,219 | 0.12% | 8,558 | Common | NONE |
| 337345102 | QTEC | FIRST TR EXCHANGE-TRADED FD | $293,978 | 0.12% | 1,277 | Common | NONE |
| Q4982L109 | IREN | IREN LIMITED | $264,390 | 0.11% | 7,000 | PUT | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $259,848 | 0.11% | 900 | Common | NONE |
| 219948106 | CPAY | CORPAY INC | $257,295 | 0.11% | 855 | Common | NONE |
| 038169207 | APLD | APPLIED DIGITAL CORP | $245,200 | 0.10% | 10,000 | CALL | SOLE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $233,430 | 0.10% | 500 | Common | NONE |
| 26969P108 | EXP | EAGLE MATLS INC | $227,348 | 0.09% | 1,100 | Common | NONE |
| 91916J100 | BRRR | COINSHARES BITCOIN ETF | $191,350 | 0.08% | 5,000 | PUT | SOLE |
| 38741L107 | GPMT | GRANITE PT MTG TR INC | $189,600 | 0.08% | 79,000 | Common | NONE |
| 09248X100 | BBN | BLACKROCK TAX MUNICPAL BD | $171,360 | 0.07% | 10,500 | Common | NONE |
| 09254C107 | — | BLACKROCK MUNIHOLDINGS | $165,495 | 0.07% | 16,500 | Common | NONE |
| 128117108 | CHI | CALAMOS CONV OPPORTUNITIES | $125,760 | 0.05% | 12,000 | Common | NONE |
| 09254F100 | MQY | BLACKROCK MUNIYILD QULT FD | $113,000 | 0.05% | 10,000 | Common | NONE |
| 09248F109 | — | BLACKROCK MUN INCOME TR | $100,300 | 0.04% | 10,000 | Common | NONE |
| 72200W106 | PML | PIMCO MUN INCOME FD II | $85,956 | 0.04% | 11,400 | Common | NONE |
| 12811L107 | CHW | CALAMOS GBL DYN INCOME FUND | $81,510 | 0.03% | 11,000 | Common | NONE |
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.