Q3 2025 · 13F-HR
Spyglass Capital Management LLCholdings as filed
Filed 2025-11-14 · accession 0001172661-25-004841
$1.88B
Reported value
25
Positions
2025-09-30
Period end
The Brief · Spyglass Capital Management LLC · Q3 2025
AI · grounded in 13F
Spyglass Capital Management LLC established a new position in APP valued at $126.4M. The fund also initiated stakes in EXK for $116.3M and MDB for $105.4M. Other new additions include HUBS at $105.4M and AAON at $99.9M. Total assets under management stand at $1.88B across 25 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 03831W108 | APP | APPLOVIN CORP | $126.4M | 6.74% | 175,917 | Common | SOLE |
| 30063P105 | EXK | EXACT SCIENCES CORP | $116.3M | 6.20% | 2,125,435 | Common | SOLE |
| 60937P106 | MDB | MONGODB INC | $105.4M | 5.62% | 339,723 | Common | SOLE |
| 443573100 | HUBS | HUBSPOT INC | $105.4M | 5.62% | 225,229 | Common | SOLE |
| 000360206 | AAON | AAON INC | $99.9M | 5.33% | 1,068,859 | Common | SOLE |
| M5216V106 | GLBE | GLOBAL E ONLINE LTD | $96.7M | 5.16% | 2,703,171 | Common | SOLE |
| 82452J109 | FOUR | SHIFT4 PMTS INC | $96.1M | 5.13% | 1,242,213 | Common | SOLE |
| 26603R106 | DUOL | DUOLINGO INC | $86.5M | 4.61% | 268,726 | Common | SOLE |
| 22160N109 | CSGP | COSTAR GROUP INC | $84.6M | 4.51% | 1,002,717 | Common | SOLE |
| 833445109 | SNOW | SNOWFLAKE INC | $84.5M | 4.50% | 374,509 | Common | SOLE |
| 79589L106 | IOT | SAMSARA INC | $82.0M | 4.37% | 2,200,165 | Common | SOLE |
| 00187Y100 | APG | API GROUP CORP | $77.7M | 4.15% | 2,261,685 | Common | SOLE |
| 58506Q109 | MEDP | MEDPACE HLDGS INC | $77.6M | 4.14% | 150,882 | Common | SOLE |
| 04351P101 | ASNDUSD | ASCENDIS PHARMA A/S | $77.3M | 4.12% | 388,647 | Common | SOLE |
| 00827B106 | AFRM | AFFIRM HLDGS INC | $73.4M | 3.91% | 1,003,823 | Common | SOLE |
| 74275K108 | PCOR | PROCORE TECHNOLOGIES INC | $68.8M | 3.67% | 943,888 | Common | SOLE |
| 53947R105 | LOAR | LOAR HOLDINGS INC | $67.9M | 3.62% | 849,069 | Common | SOLE |
| 49714P108 | KNSL | KINSALE CAP GROUP INC | $61.0M | 3.25% | 143,385 | Common | SOLE |
| 63947X101 | NCNO | NCINO INC | $58.3M | 3.11% | 2,149,090 | Common | SOLE |
| 25809K105 | DASH | DOORDASH INC | $44.0M | 2.35% | 161,702 | Common | SOLE |
| 303250104 | FICO | FAIR ISAAC CORP | $41.4M | 2.21% | 27,673 | Common | SOLE |
| 127387108 | CDNS | CADENCE DESIGN SYSTEM INC | $40.7M | 2.17% | 115,969 | Common | SOLE |
| 452327109 | ILMN | ILLUMINA INC | $40.1M | 2.14% | 422,150 | Common | SOLE |
| 87043Q108 | SG | SWEETGREEN INC | $32.4M | 1.73% | 4,056,570 | Common | SOLE |
| 00091G104 | ACVA | ACV AUCTIONS INC | $30.8M | 1.65% | 3,113,017 | 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.