Q2 2026 13F · SEC CIK 1654344
Spyglass Capital Management LLC
Mutual fund managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $1.8B
- Reported positions
- 25
- Top holdings a year, 3 yrs
- +28.7%
- Assets under management
- $2.0B
Spyglass Capital Management LLC is a mutual fund manager that reported 25 positions worth $1.8B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Affirm Hldgs Inc (AFRM, 6.8%), Credo Technology Group Holdi (CRDO, 5.9%), Samsara, Inc. (IOT, 5.4%). A portfolio copying its top holdings returned 28.7% a year over the last 3 years, against 20.4% for the S&P 500.
Spyglass Capital Management LLC holdings all 25 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 |
|---|---|---|---|
| AFRMAffirm Hldgs Inc | 6.8% | -7.5% | $125.4M |
| CRDOCredo Technology Group Holdi | 5.9% | -32.2% | $109.2M |
| IOTSamsara, Inc. | 5.4% | +4.7% | $100.1M |
| AAONAaon Inc | 5.3% | -9.6% | $98.5M |
| APPApplovin Corp | 5.3% | +14.7% | $98.4M |
| FICOFair Isaac Corp | 4.8% | +33.0% | $89.5M |
| FOURShift4 Pmts Inc | 4.8% | +4.7% | $89.2M |
| SNOWSnowflake Inc | 4.5% | -6.3% | $84.0M |
| ILMNIllumina Inc | 4.4% | +41.1% | $80.7M |
| CSGPCostar Group Inc | 4.1% | +142.5% | $76.3M |
| MDBMongodb Inc | 4.1% | -11.8% | $75.0M |
| DASHDoordash Inc | 4.0% | +33.6% | $73.5M |
| CHYMChime Financial Inc. | 3.8% | +162.6% | $69.8M |
| GLBEGlobal E Online Ltd | 3.7% | +1.1% | $68.0M |
| HUBSHubspot Inc | 3.7% | +18.3% | $67.8M |
| CVNACarvana Co | 3.5% | +493.0% | $65.3M |
| MEDPMedpace Hldgs Inc | 3.5% | +115.9% | $63.7M |
| QXOQxo Inc | 3.4% | — | $63.0M |
| CDNSCadence Design System Inc | 3.2% | -32.6% | $59.1M |
| ASNDAscendis Pharma As Ord | 3.1% | — | $57.5M |
| MKSIMks Inc. | 2.9% | — | $52.7M |
| LOARLoar Holdings Inc | 2.7% | +4.7% | $49.3M |
| APGApi Group Corp | 2.7% | -8.5% | $49.2M |
| PCORProcore Technologies Inc | 2.3% | +4.7% | $42.8M |
| FPSForgent Power Solutions Inc | 2.1% | — | $39.4M |
What Spyglass Capital Management LLC bought and sold in Q2 2026, against Q1 2026.
New positions
- QXO Qxo Inc3.4% of 13F
- ASND Ascendis Pharma As Ord3.1% of 13F
- MKSI Mks Inc.2.9% of 13F
- FPS Forgent Power Solutions Inc2.1% of 13F
Added to
- CVNA Carvana Co+493.0% shares
- CHYM Chime Financial Inc.+162.6% shares
- CSGP Costar Group Inc+142.5% shares
- MEDP Medpace Hldgs Inc+115.9% shares
- ILMN Illumina Inc+41.1% shares
- DASH Doordash Inc+33.6% shares
- FICO Fair Isaac Corp+33.0% shares
- HUBS Hubspot Inc+18.3% shares
Reduced
- CDNS Cadence Design System Inc-32.6% shares
- CRDO Credo Technology Group Holdi-32.2% shares
- MDB Mongodb Inc-11.8% shares
- AAON Aaon Inc-9.6% shares
- APG Api Group Corp-8.5% shares
- AFRM Affirm Hldgs Inc-7.5% shares
- SNOW Snowflake Inc-6.3% shares
Sold out
- Ascendis Pharma A/swas 6.0%
- KNSL Kinsale Cap Group Incwas 3.3%
- NCNO Ncino Incwas 3.3%
- RBLX Roblox Corporationwas 3.1%
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
- +3.9% /yr
- S&P 500 +20.1%
- 3 years
- +28.7% /yr
- S&P 500 +20.4%
- 5 years
- +7.1% /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 | $1.8B | 25 |
| Q1 2026 | $1.4B | 25 |
| Q4 2025 | $2.0B | 25 |
| Q3 2025 | $1.9B | 25 |
| Q2 2025 | $1.7B | 25 |
| Q1 2025 | $1.5B | 25 |
| Q4 2024 | $1.8B | 25 |
| Q3 2024 | $1.5B | 25 |
| Q2 2024 | $1.4B | 25 |
| Q1 2024 | $1.5B | 25 |
| Q4 2023 | $1.4B | 25 |
| Q3 2023 | $1.3B | 25 |
Questions about Spyglass Capital Management LLC's portfolio
What stocks does Spyglass Capital Management LLC own?
Spyglass Capital Management LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 25 positions worth $1.8B. The largest are Affirm Hldgs Inc (AFRM) at 6.8%, Credo Technology Group Holdi (CRDO) at 5.9%, Samsara, Inc. (IOT) at 5.4%, Aaon Inc (AAON) at 5.3% and Applovin Corp (APP) at 5.3%.
What did Spyglass Capital Management LLC buy last quarter?
In Q2 2026, Spyglass Capital Management LLC added a new position in Qxo Inc (QXO), a new position in Ascendis Pharma As Ord (ASND), a new position in Mks Inc. (MKSI), a new position in Forgent Power Solutions Inc (FPS), Carvana Co (CVNA) (+493.0% shares), Chime Financial Inc. (CHYM) (+162.6% shares) and Costar Group Inc (CSGP) (+142.5% shares), compared with its Q1 2026 filing.
What did Spyglass Capital Management LLC sell last quarter?
In Q2 2026, Spyglass Capital Management LLC sold all of Ascendis Pharma A/s, sold all of Kinsale Cap Group Inc (KNSL), sold all of Ncino Inc (NCNO), sold all of Roblox Corporation (RBLX), Cadence Design System Inc (CDNS) (-32.6% shares), Credo Technology Group Holdi (CRDO) (-32.2% shares) and Mongodb Inc (MDB) (-11.8% shares), compared with its Q1 2026 filing.
How has Spyglass Capital Management LLC's portfolio performed?
A portfolio copying Spyglass Capital Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +28.7% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +3.9% against +20.1%. Over 5 years: +7.1% a year against +11.6%.
When is Spyglass Capital Management LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Spyglass 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 Spyglass Capital Management LLC manage?
Spyglass Capital Management LLC reported $2.0B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.8B.