Q4 2025 · 13F-HR
Nine Ten Capital Management LLCholdings as filed
Filed 2026-02-17 · accession 0001420506-26-000473
$315.8M
Reported value
8
Positions
2025-12-31
Period end
The Brief · Nine Ten Capital Management LLC · Q4 2025
AI · grounded in 13F
Nine Ten Capital Management LLC closed its position in S3P, reducing its exposure by $49.417M. The fund also trimmed its holdings in IRMD by 44.45% and RHLD by 26.66%. Conversely, the manager accumulated shares of GPGI by 13.92% and MGNI by 5.07%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 55955D100 | MGNI | MAGNITE INC | $48.7M | 15.4% | 3,003,583 | Common | SOLE |
| 20459V105 | GPGI | COMPOSECURE INC | $46.6M | 14.8% | 2,418,904 | Common | SOLE |
| M2197Q107 | CLBT | CELLEBRITE DI LTD | $44.7M | 14.2% | 2,479,727 | Common | SOLE |
| 00847J105 | AGYS | AGILYSYS INC | $43.2M | 13.7% | 363,239 | Common | SOLE |
| 46266A109 | IRMD | IRADIMED CORP | $41.7M | 13.2% | 428,477 | Common | SOLE |
| 861896108 | SNEX | STONEX GROUP INC | $37.8M | 12.0% | 397,486 | Common | SOLE |
| 974250102 | WINA | WINMARK CORP | $33.9M | 10.7% | 83,671 | Common | SOLE |
| 76134H101 | RHLD | RESOLUTE HLDGS MGMT INC | $19.2M | 6.08% | 92,980 | 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.