Filed: 11/14/2025ACC: 0001172661-25-004841
📋 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 $1.88B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
25
Positions
$1.88B
Total AUM (reported)
27.51M
Total Shares
Allocation by class
COM$694.13M37.0%
COM CL A$344.94M18.4%
CL A$245.57M13.1%
COM SHS$152.40M8.1%
COM PAR $0.004$99.87M5.3%
SHS$96.67M5.2%
CL A COM$86.49M4.6%
Portfolio Concentration
Top 3$348.13M18.6%
4–10$653.61M34.9%
11–25$873.33M46.6%
Top 3 weight
18.6%
Top 10 weight
53.4%
Voting Authority Distribution
Total shares with voting rights: 27.51M
Sole
Full voting authority
27.51M
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:
APPLOVIN CORP
SOLEShares175.92K
TypeSH
Market value$126.40M
6.74%
Sole
175.92K
Shared
0.00
None
0.00
EXACT SCIENCES CORP
SOLEShares2.13M
TypeSH
Market value$116.28M
6.20%
Sole
2.13M
Shared
0.00
None
0.00
MONGODB INC
SOLEShares339.72K
TypeSH
Market value$105.44M
5.62%
Sole
339.72K
Shared
0.00
None
0.00
HUBSPOT INC
SOLEShares225.23K
TypeSH
Market value$105.36M
5.62%
Sole
225.23K
Shared
0.00
None
0.00
AAON INC
SOLEShares1.07M
TypeSH
Market value$99.87M
5.33%
Sole
1.07M
Shared
0.00
None
0.00
GLOBAL E ONLINE LTD
SOLEShares2.70M
TypeSH
Market value$96.67M
5.16%
Sole
2.70M
Shared
0.00
None
0.00
SHIFT4 PMTS INC
SOLEShares1.24M
TypeSH
Market value$96.15M
5.13%
Sole
1.24M
Shared
0.00
None
0.00
DUOLINGO INC
SOLEShares268.73K
TypeSH
Market value$86.49M
4.61%
Sole
268.73K
Shared
0.00
None
0.00
COSTAR GROUP INC
SOLEShares1M
TypeSH
Market value$84.60M
4.51%
Sole
1M
Shared
0.00
None
0.00
SNOWFLAKE INC
SOLEShares374.51K
TypeSH
Market value$84.47M
4.50%
Sole
374.51K
Shared
0.00
None
0.00
SAMSARA INC
SOLEShares2.20M
TypeSH
Market value$81.96M
4.37%
Sole
2.20M
Shared
0.00
None
0.00
API GROUP CORP
SOLEShares2.26M
TypeSH
Market value$77.73M
4.15%
Sole
2.26M
Shared
0.00
None
0.00
MEDPACE HLDGS INC
SOLEShares150.88K
TypeSH
Market value$77.58M
4.14%
Sole
150.88K
Shared
0.00
None
0.00
ASCENDIS PHARMA A/S
SOLEShares388.65K
TypeSH
Market value$77.27M
4.12%
Sole
388.65K
Shared
0.00
None
0.00
AFFIRM HLDGS INC
SOLEShares1M
TypeSH
Market value$73.36M
3.91%
Sole
1M
Shared
0.00
None
0.00
PROCORE TECHNOLOGIES INC
SOLEShares943.89K
TypeSH
Market value$68.83M
3.67%
Sole
943.89K
Shared
0.00
None
0.00
LOAR HOLDINGS INC
SOLEShares849.07K
TypeSH
Market value$67.93M
3.62%
Sole
849.07K
Shared
0.00
None
0.00
KINSALE CAP GROUP INC
SOLEShares143.38K
TypeSH
Market value$60.98M
3.25%
Sole
143.38K
Shared
0.00
None
0.00
NCINO INC
SOLEShares2.15M
TypeSH
Market value$58.26M
3.11%
Sole
2.15M
Shared
0.00
None
0.00
DOORDASH INC
SOLEShares161.70K
TypeSH
Market value$43.98M
2.35%
Sole
161.70K
Shared
0.00
None
0.00
FAIR ISAAC CORP
SOLEShares27.67K
TypeSH
Market value$41.41M
2.21%
Sole
27.67K
Shared
0.00
None
0.00
CADENCE DESIGN SYSTEM INC
SOLEShares115.97K
TypeSH
Market value$40.74M
2.17%
Sole
115.97K
Shared
0.00
None
0.00
ILLUMINA INC
SOLEShares422.15K
TypeSH
Market value$40.09M
2.14%
Sole
422.15K
Shared
0.00
None
0.00
SWEETGREEN INC
SOLEShares4.06M
TypeSH
Market value$32.37M
1.73%
Sole
4.06M
Shared
0.00
None
0.00
ACV AUCTIONS INC
SOLEShares3.11M
TypeSH
Market value$30.85M
1.65%
Sole
3.11M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
APPLOVIN CORPSOLE | COM CL A | 175.92K | SH | $126.40M 6.74% | 175.92K | 0.00 | 0.00 |
EXACT SCIENCES CORPSOLE | COM | 2.13M | SH | $116.28M 6.20% | 2.13M | 0.00 | 0.00 |
MONGODB INCSOLE | CL A | 339.72K | SH | $105.44M 5.62% | 339.72K | 0.00 | 0.00 |
HUBSPOT INCSOLE | COM | 225.23K | SH | $105.36M 5.62% | 225.23K | 0.00 | 0.00 |
AAON INCSOLE | COM PAR $0.004 | 1.07M | SH | $99.87M 5.33% | 1.07M | 0.00 | 0.00 |
GLOBAL E ONLINE LTDSOLE | SHS | 2.70M | SH | $96.67M 5.16% | 2.70M | 0.00 | 0.00 |
SHIFT4 PMTS INCSOLE | CL A | 1.24M | SH | $96.15M 5.13% | 1.24M | 0.00 | 0.00 |
DUOLINGO INCSOLE | CL A COM | 268.73K | SH | $86.49M 4.61% | 268.73K | 0.00 | 0.00 |
COSTAR GROUP INCSOLE | COM | 1M | SH | $84.60M 4.51% | 1M | 0.00 | 0.00 |
SNOWFLAKE INCSOLE | COM SHS | 374.51K | SH | $84.47M 4.50% | 374.51K | 0.00 | 0.00 |
SAMSARA INCSOLE | COM CL A | 2.20M | SH | $81.96M 4.37% | 2.20M | 0.00 | 0.00 |
API GROUP CORPSOLE | COM STK | 2.26M | SH | $77.73M 4.15% | 2.26M | 0.00 | 0.00 |
MEDPACE HLDGS INCSOLE | COM | 150.88K | SH | $77.58M 4.14% | 150.88K | 0.00 | 0.00 |
ASCENDIS PHARMA A/SSOLE | SPONSORED ADR | 388.65K | SH | $77.27M 4.12% | 388.65K | 0.00 | 0.00 |
AFFIRM HLDGS INCSOLE | COM CL A | 1M | SH | $73.36M 3.91% | 1M | 0.00 | 0.00 |
PROCORE TECHNOLOGIES INCSOLE | COM | 943.89K | SH | $68.83M 3.67% | 943.89K | 0.00 | 0.00 |
LOAR HOLDINGS INCSOLE | COM SHS | 849.07K | SH | $67.93M 3.62% | 849.07K | 0.00 | 0.00 |
KINSALE CAP GROUP INCSOLE | COM | 143.38K | SH | $60.98M 3.25% | 143.38K | 0.00 | 0.00 |
NCINO INCSOLE | COM | 2.15M | SH | $58.26M 3.11% | 2.15M | 0.00 | 0.00 |
DOORDASH INCSOLE | CL A | 161.70K | SH | $43.98M 2.35% | 161.70K | 0.00 | 0.00 |
FAIR ISAAC CORPSOLE | COM | 27.67K | SH | $41.41M 2.21% | 27.67K | 0.00 | 0.00 |
CADENCE DESIGN SYSTEM INCSOLE | COM | 115.97K | SH | $40.74M 2.17% | 115.97K | 0.00 | 0.00 |
ILLUMINA INCSOLE | COM | 422.15K | SH | $40.09M 2.14% | 422.15K | 0.00 | 0.00 |
SWEETGREEN INCSOLE | COM CL A | 4.06M | SH | $32.37M 1.73% | 4.06M | 0.00 | 0.00 |
ACV AUCTIONS INCSOLE | COM CL A | 3.11M | SH | $30.85M 1.65% | 3.11M | 0.00 | 0.00 |