Institutional
Spyglass Capital Management LLC
CIK 0001654344
$1.33B
Reported AUM
24
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Spyglass Capital Management LLC · Q1 2026
AI · grounded in 13F
Spyglass Capital Management LLC exited its position in ASCENDIS PHARMA A/S, reducing its exposure by $88.6M. The fund also closed positions in EXK for $54.8M and DUOLINGO INC for $50.3M. On the buy side, the manager established new positions in RBLX for $44.1M and CHYM for $24.3M. Additionally, the fund increased its stake in IOT by 25.5%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | IOT | SAMSARA INC | $93.4M | 7.03% | +599,651 | +25.5% |
| 2 | HUBS | HUBSPOT INC | $76.6M | 5.77% | +48,993 | +18.5% |
| 3 | FOUR | SHIFT4 PMTS INC | $76.6M | 5.76% | +53,220 | +3.1% |
| 4 | AFRM | AFFIRM HLDGS INC | $76.2M | 5.73% | +218,745 | +15.2% |
| 5 | AAON | AAON INC | $71.1M | 5.35% | -340,081 | -28.4% |
| 6 | APP | APPLOVIN CORP | $66.3M | 4.99% | +45,919 | +38.1% |
| 7 | CDNS | CADENCE DESIGN SYSTEM INC | $64.8M | 4.88% | -38,145 | -14.1% |
| 8 | MDB | MONGODB INC | $62.0M | 4.67% | -12,089 | -4.6% |
| 9 | FICO | FAIR ISAAC CORP | $60.2M | 4.53% | +6,811 | +13.7% |
| 10 | GLBE | GLOBAL E ONLINE LTD | $59.8M | 4.50% | -745,544 | -27.8% |
| 11 | PCOR | PROCORE TECHNOLOGIES INC | $57.3M | 4.31% | -75,972 | -7.0% |
| 12 | CRDO | CREDO TECHNOLOGY GROUP HOLDI | $55.6M | 4.18% | +203,130 | +52.2% |
| 13 | SNOW | SNOWFLAKE INC | $53.1M | 4.00% | +23,450 | +7.1% |
| 14 | CVNA | CARVANA CO | $52.6M | 3.96% | -13,277 | -7.3% |
| 15 | APG | API GROUP CORP | $51.5M | 3.88% | -1,017,459 | -44.5% |
| 16 | KNSL | KINSALE CAP GROUP INC | $46.8M | 3.52% | -60,157 | -30.5% |
| 17 | NCNO | NCINO INC | $46.2M | 3.48% | +175,357 | +6.0% |
| 18 | CSGP | COSTAR GROUP INC | $44.8M | 3.37% | -467,225 | -29.6% |
| 19 | DASH | DOORDASH INC | $44.8M | 3.37% | +27,606 | +10.2% |
| 20 | RBLX | ROBLOX CORP | $44.1M | 3.32% | +779,991 | NEW |
| 21 | ILMN | ILLUMINA INC | $40.1M | 3.02% | -76,484 | -19.0% |
| 22 | LOAR | LOAR HOLDINGS INC | $33.5M | 2.52% | -319,998 | -35.4% |
| 23 | MEDP | MEDPACE HLDGS INC | $26.8M | 2.02% | -13,420 | -19.4% |
| 24 | CHYM | CHIME FINL INC | $24.3M | 1.83% | +1,297,192 | NEW |
| 25 | ASNDUSD | ASCENDIS PHARMA A/S | — | — | -415,549 | EXITED |
| 26 | EXK | EXACT SCIENCES CORP | — | — | -539,886 | EXITED |
| 27 | DUOL | DUOLINGO INC | — | — | -286,873 | EXITED |
Source: SEC EDGAR · accession 0001172661-26-002107. 13F discloses long positions only — shorts, foreign equities, and options are excluded.