Q2 2026 13F · SEC CIK 1635236
Nine Ten Capital Management LLC
Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $321.3M
- Reported positions
- 8
- Top holdings a year, 3 yrs
- +21.1%
- Assets under management
- $480.6M
Nine Ten Capital Management LLC is a hedge fund that reported 8 positions worth $321.3M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Agilysys Inc (AGYS, 21.3%), Magnite Inc (MGNI, 19.3%), Cellebrite Di Ltd (CLBT, 18.8%). A portfolio copying its top holdings returned 21.1% a year over the last 3 years, against 20.4% for the S&P 500.
Nine Ten Capital Management LLC holdings all 8 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| AGYSAgilysys Inc | 21.3% | +0.3% | $68.5M |
| MGNIMagnite Inc | 19.3% | -6.3% | $61.9M |
| CLBTCellebrite Di Ltd | 18.8% | +19.8% | $60.3M |
| CMPOGpgi Inc | 14.7% | +2.8% | $47.3M |
| WINAWinmark Corp | 11.0% | +0.0% | $35.4M |
| IRMDIradimed Corp | 7.6% | -23.3% | $24.5M |
| RHLDResolute Hldgs Mgmt Inc | 4.2% | +0.0% | $13.4M |
| SNEXStonex Group Inc. | 3.1% | -85.4% | $10.0M |
What Nine Ten Capital Management LLC bought and sold in Q2 2026, against Q1 2026.
New positions
No new positions among the largest holdings.
Added to
- CLBT Cellebrite Di Ltd+19.8% shares
Reduced
- SNEX Stonex Group Inc.-85.4% shares
- IRMD Iradimed Corp-23.3% shares
- MGNI Magnite Inc-6.3% shares
Sold out
Nothing sold out.
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +21.9% /yr
- S&P 500 +20.1%
- 3 years
- +21.1% /yr
- S&P 500 +20.4%
- 5 years
- +1.4% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $321.3M | 8 |
| Q1 2026 | $314.8M | 8 |
| Q4 2025 | $315.8M | 8 |
| Q3 2025 | $388.0M | 9 |
| Q2 2025 | $336.1M | 9 |
| Q1 2025 | $267.9M | 11 |
| Q4 2024 | $350.3M | 11 |
| Q3 2024 | $330.9M | 10 |
| Q2 2024 | $259.8M | 10 |
| Q1 2024 | $328.4M | 13 |
| Q4 2023 | $397.7M | 13 |
| Q3 2023 | $327.7M | 10 |
Questions about Nine Ten Capital Management LLC's portfolio
What stocks does Nine Ten Capital Management LLC own?
Nine Ten Capital Management LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 8 positions worth $321.3M. The largest are Agilysys Inc (AGYS) at 21.3%, Magnite Inc (MGNI) at 19.3%, Cellebrite Di Ltd (CLBT) at 18.8%, Gpgi Inc (CMPO) at 14.7% and Winmark Corp (WINA) at 11.0%.
What did Nine Ten Capital Management LLC buy last quarter?
In Q2 2026, Nine Ten Capital Management LLC added Cellebrite Di Ltd (CLBT) (+19.8% shares), compared with its Q1 2026 filing.
What did Nine Ten Capital Management LLC sell last quarter?
In Q2 2026, Nine Ten Capital Management LLC Stonex Group Inc. (SNEX) (-85.4% shares), Iradimed Corp (IRMD) (-23.3% shares) and Magnite Inc (MGNI) (-6.3% shares), compared with its Q1 2026 filing.
How has Nine Ten Capital Management LLC's portfolio performed?
A portfolio copying Nine Ten Capital Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +21.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +21.9% against +20.1%. Over 5 years: +1.4% a year against +11.6%.
When is Nine Ten Capital Management LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Nine Ten Capital Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Nine Ten Capital Management LLC manage?
Nine Ten Capital Management LLC reported $480.6M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $321.3M.