Filed: 8/13/2025ACC: 0001172661-25-003124
📋 What this filing means
SPYGLASS CAPITAL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 25 equity positions with a total reported market value of $1.70B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
25
Positions
$1.70B
Total AUM (reported)
24.05M
Total Shares
Allocation by class
COM$607.10M35.8%
COM CL A$404.72M23.9%
CL A$344.38M20.3%
SHS$108.20M6.4%
CL A COM$92.67M5.5%
COM STK$85.92M5.1%
COM PAR $0.004$52.54M3.1%
Portfolio Concentration
Top 3$334.15M19.7%
4–10$546.67M32.2%
11–25$814.72M48.1%
Top 3 weight
19.7%
Top 10 weight
51.9%
Voting Authority Distribution
Total shares with voting rights: 24.05M
Sole
Full voting authority
24.05M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole25
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings25
Rows:
AFFIRM HLDGS INC
SOLEShares1.74M
TypeSH
Market value$120.32M
7.10%
Sole
1.74M
Shared
0.00
None
0.00
SNOWFLAKE INC
SOLEShares500.26K
TypeSH
Market value$111.94M
6.60%
Sole
500.26K
Shared
0.00
None
0.00
SHIFT4 PMTS INC
SOLEShares1.03M
TypeSH
Market value$101.88M
6.01%
Sole
1.03M
Shared
0.00
None
0.00
APPLOVIN CORP
SOLEShares255.19K
TypeSH
Market value$89.34M
5.27%
Sole
255.19K
Shared
0.00
None
0.00
API GROUP CORP
SOLEShares2.52M
TypeSH
Market value$85.92M
5.07%
Sole
2.52M
Shared
0.00
None
0.00
ROBINHOOD MKTS INC
SOLEShares916.63K
TypeSH
Market value$85.82M
5.06%
Sole
916.63K
Shared
0.00
None
0.00
MONGODB INC
SOLEShares345.13K
TypeSH
Market value$72.47M
4.27%
Sole
345.13K
Shared
0.00
None
0.00
EXACT SCIENCES CORP
SOLEShares1.36M
TypeSH
Market value$72.20M
4.26%
Sole
1.36M
Shared
0.00
None
0.00
KINSALE CAP GROUP INC
SOLEShares145.61K
TypeSH
Market value$70.46M
4.16%
Sole
145.61K
Shared
0.00
None
0.00
MEDPACE HLDGS INC
SOLEShares224.47K
TypeSH
Market value$70.45M
4.16%
Sole
224.47K
Shared
0.00
None
0.00
ILLUMINA INC
SOLEShares698.57K
TypeSH
Market value$66.65M
3.93%
Sole
698.57K
Shared
0.00
None
0.00
ASTERA LABS INC
SOLEShares734.57K
TypeSH
Market value$66.42M
3.92%
Sole
734.57K
Shared
0.00
None
0.00
COSTAR GROUP INC
SOLEShares803.28K
TypeSH
Market value$64.58M
3.81%
Sole
803.28K
Shared
0.00
None
0.00
PROCORE TECHNOLOGIES INC
SOLEShares898.10K
TypeSH
Market value$61.45M
3.62%
Sole
898.10K
Shared
0.00
None
0.00
VEEVA SYS INC
SOLEShares205.12K
TypeSH
Market value$59.07M
3.48%
Sole
205.12K
Shared
0.00
None
0.00
DOORDASH INC
SOLEShares235.61K
TypeSH
Market value$58.08M
3.43%
Sole
235.61K
Shared
0.00
None
0.00
SWEETGREEN INC
SOLEShares3.90M
TypeSH
Market value$58.03M
3.42%
Sole
3.90M
Shared
0.00
None
0.00
GLOBAL E ONLINE LTD
SOLEShares1.66M
TypeSH
Market value$55.62M
3.28%
Sole
1.66M
Shared
0.00
None
0.00
CYBERARK SOFTWARE LTD
SOLEShares129.25K
TypeSH
Market value$52.59M
3.10%
Sole
129.25K
Shared
0.00
None
0.00
AAON INC
SOLEShares712.36K
TypeSH
Market value$52.54M
3.10%
Sole
712.36K
Shared
0.00
None
0.00
ACV AUCTIONS INC
SOLEShares3.16M
TypeSH
Market value$51.21M
3.02%
Sole
3.16M
Shared
0.00
None
0.00
HUBSPOT INC
SOLEShares91.78K
TypeSH
Market value$51.09M
3.01%
Sole
91.78K
Shared
0.00
None
0.00
NCINO INC
SOLEShares1.58M
TypeSH
Market value$44.19M
2.61%
Sole
1.58M
Shared
0.00
None
0.00
CADENCE DESIGN SYSTEM INC
SOLEShares128.53K
TypeSH
Market value$39.61M
2.34%
Sole
128.53K
Shared
0.00
None
0.00
DUOLINGO INC
SOLEShares81.95K
TypeSH
Market value$33.60M
1.98%
Sole
81.95K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
AFFIRM HLDGS INCSOLE | COM CL A | 1.74M | SH | $120.32M 7.10% | 1.74M | 0.00 | 0.00 |
SNOWFLAKE INCSOLE | CL A | 500.26K | SH | $111.94M 6.60% | 500.26K | 0.00 | 0.00 |
SHIFT4 PMTS INCSOLE | CL A | 1.03M | SH | $101.88M 6.01% | 1.03M | 0.00 | 0.00 |
APPLOVIN CORPSOLE | COM CL A | 255.19K | SH | $89.34M 5.27% | 255.19K | 0.00 | 0.00 |
API GROUP CORPSOLE | COM STK | 2.52M | SH | $85.92M 5.07% | 2.52M | 0.00 | 0.00 |
ROBINHOOD MKTS INCSOLE | COM CL A | 916.63K | SH | $85.82M 5.06% | 916.63K | 0.00 | 0.00 |
MONGODB INCSOLE | CL A | 345.13K | SH | $72.47M 4.27% | 345.13K | 0.00 | 0.00 |
EXACT SCIENCES CORPSOLE | COM | 1.36M | SH | $72.20M 4.26% | 1.36M | 0.00 | 0.00 |
KINSALE CAP GROUP INCSOLE | COM | 145.61K | SH | $70.46M 4.16% | 145.61K | 0.00 | 0.00 |
MEDPACE HLDGS INCSOLE | COM | 224.47K | SH | $70.45M 4.16% | 224.47K | 0.00 | 0.00 |
ILLUMINA INCSOLE | COM | 698.57K | SH | $66.65M 3.93% | 698.57K | 0.00 | 0.00 |
ASTERA LABS INCSOLE | COM | 734.57K | SH | $66.42M 3.92% | 734.57K | 0.00 | 0.00 |
COSTAR GROUP INCSOLE | COM | 803.28K | SH | $64.58M 3.81% | 803.28K | 0.00 | 0.00 |
PROCORE TECHNOLOGIES INCSOLE | COM | 898.10K | SH | $61.45M 3.62% | 898.10K | 0.00 | 0.00 |
VEEVA SYS INCSOLE | CL A COM | 205.12K | SH | $59.07M 3.48% | 205.12K | 0.00 | 0.00 |
DOORDASH INCSOLE | CL A | 235.61K | SH | $58.08M 3.43% | 235.61K | 0.00 | 0.00 |
SWEETGREEN INCSOLE | COM CL A | 3.90M | SH | $58.03M 3.42% | 3.90M | 0.00 | 0.00 |
GLOBAL E ONLINE LTDSOLE | SHS | 1.66M | SH | $55.62M 3.28% | 1.66M | 0.00 | 0.00 |
CYBERARK SOFTWARE LTDSOLE | SHS | 129.25K | SH | $52.59M 3.10% | 129.25K | 0.00 | 0.00 |
AAON INCSOLE | COM PAR $0.004 | 712.36K | SH | $52.54M 3.10% | 712.36K | 0.00 | 0.00 |
ACV AUCTIONS INCSOLE | COM CL A | 3.16M | SH | $51.21M 3.02% | 3.16M | 0.00 | 0.00 |
HUBSPOT INCSOLE | COM | 91.78K | SH | $51.09M 3.01% | 91.78K | 0.00 | 0.00 |
NCINO INCSOLE | COM | 1.58M | SH | $44.19M 2.61% | 1.58M | 0.00 | 0.00 |
CADENCE DESIGN SYSTEM INCSOLE | COM | 128.53K | SH | $39.61M 2.34% | 128.53K | 0.00 | 0.00 |
DUOLINGO INCSOLE | CL A COM | 81.95K | SH | $33.60M 1.98% | 81.95K | 0.00 | 0.00 |