Nine Ten Capital Management LLC — 13F Holdings & Portfolio
CIK 1635236 · latest 13F-HR filed 2026-05-15
Nine Ten Capital Management LLC manages $314.8M in 13F-reported U.S. long-equity assets across 8 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are GPGI (15.78%), CLBT (15.07%), SNEX (14.86%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 0 new positions, exited 0, added to 5, and trimmed 3.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$314.8M
Long-equity book
8
Distinct positions
2026-03-31
Filed 2026-05-15
+0 / −0 / ↑5 / ↓3
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- STONEX GROUP INC$9.0M +23.7%
- AGILYSYS INC$3.3M +7.7%
- GPGI INC$3.0M +6.5%
- CELLEBRITE DI LTD$2.7M +6.1%
- WINMARK CORP$1.9M +5.6%
Top Trims
- IRADIMED CORP-$9.5M -22.8%
- MAGNITE INC-$7.4M -15.2%
- RESOLUTE HLDGS MGMT INC-$4.1M -21.4%
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | GPGI INC | GPGI | 20459V105 | $49.7M | 15.78% | 2,904,544 | SH |
| 2 | CELLEBRITE DI LTD | CLBT | M2197Q107 | $47.5M | 15.07% | 3,443,875 | SH |
| 3 | STONEX GROUP INC | SNEX | 861896108 | $46.8M | 14.86% | 579,979 | SH |
| 4 | AGILYSYS INC | AGYS | 00847J105 | $46.5M | 14.77% | 653,591 | SH |
| 5 | MAGNITE INC | MGNI | 55955D100 | $41.4M | 13.14% | 3,481,283 | SH |
| 6 | WINMARK CORP | WINA | 974250102 | $35.8M | 11.36% | 83,671 | SH |
| 7 | IRADIMED CORP | IRMD | 46266A109 | $32.2M | 10.23% | 334,488 | SH |
| 8 | RESOLUTE HLDGS MGMT INC | RHLD | 76134H101 | $15.1M | 4.79% | 92,980 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $314.8M | 8 | 0001420506-26-001037 |
| 2025-12-31 | 2026-02-17 | $315.8M | 8 | 0001420506-26-000473 |
| 2025-09-30 | 2025-11-14 | $388.0M | 9 | 0001420506-25-003247 |