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Livermore
Livermore
ZHEN

Nine Ten Capital Management LLC

SEC CIK
0001635236
Latest filing
Aug 14, 2026

The latest 13F from Nine Ten Capital Management LLC covers Q2 2026 (filed Aug 14, 2026): 8 long positions worth $321.3M. The top 10 holdings make up 100.0% of the portfolio, and the largest is Agilysys Inc (AGYS) at 21.3%. Livermore has 23 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
0
Added
3
Est. +$11.4M
Reduced
3
Est. −$70.3M
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. AGYSAgilysys Inc
    21.3%$68.5MHistory
  2. MGNIMagnite, Inc.
    19.3%$61.9MHistory
  3. CLBTCellebrite DI Ltd.
    18.7%$60.3MHistory
  4. GPGIGPGI, Inc.
    14.7%$47.3MHistory
  5. WINAWinmark Corp
    11.0%$35.4MHistory

Share of portfolio

Top 5 holdings and the other 3 positions, by share of portfolio value

  1. AGYS21.3%
  2. MGNI19.3%
  3. CLBT18.7%
  4. GPGI14.7%
  5. WINA11.0%
  6. Other 3 positions14.9%

Biggest buys

New and added positions, by estimated amount bought

  1. CLBTCellebrite DI Ltd.
    +$9.97MAddedHistory
  2. GPGIGPGI, Inc.
    +$1.27MAddedHistory
  3. AGYSAgilysys Inc
    +$200.8KAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. AGYSAgilysys Inc
    +6.55 pp14.8% → 21.3%History
  2. CLBTCellebrite DI Ltd.
    +3.68 pp15.1% → 18.7%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. SNEXStoneX Group Inc.
    −$58.7MReducedHistory
  2. IRMDIradimed Corp
    −$7.45MReducedHistory
  3. MGNIMagnite, Inc.
    −$4.18MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. SNEXStoneX Group Inc.
    −11.74 pp14.9% → 3.1%History
  2. IRMDIradimed Corp
    −2.60 pp10.2% → 7.6%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$321.3M
+$6.53M (+2.1%) vs. prior quarter
Positions
8
0 vs. prior quarter
Top 10 concentration
100.0%
Top 10 as share of value
Turnover
3.6%
Q2 2026, one quarter
Average holding period
15.5 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $962.2M (Q4 2021)

Q1 2021: $722.4MQ2 2021: $929.8MQ3 2021: $935.1MQ4 2021: $962.2MQ1 2022: $768.2MQ2 2022: $720.9MQ3 2022: $654.4MQ4 2022: $575.4MQ1 2023: $600.2MQ2 2023: $297.8MQ3 2023: $327.7MQ4 2023: $397.7MQ1 2024: $328.4MQ2 2024: $259.8MQ3 2024: $330.9MQ4 2024: $350.3MQ1 2025: $267.9MQ2 2025: $336.1MQ3 2025: $388.0MQ4 2025: $315.8MQ1 2026: $314.8MQ2 2026: $321.3M
Q1 2021Q2 2026
13F filings of Nine Ten Capital Management LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 20268$321.3MAGYSMGNICLBTvs. Q1 2026SEC
Q1 2026May 15, 20268$314.8MGPGICLBTSNEXvs. Q4 2025SEC
Q4 2025Feb 17, 20268$315.8MMGNIGPGICLBTvs. Q3 2025SEC
Q3 2025Nov 14, 20259$388.0MMGNIIRMDSapiens Intl Corp N Vvs. Q2 2025SEC
Q2 2025Aug 14, 20259$336.1MMGNIIRMDAGYSvs. Q1 2025SEC
Q1 2025May 15, 202511$267.9MIRMDSNEXCLBTvs. Q4 2024SEC
Q4 2024Feb 13, 202511$350.3MCLBTIRMDMGNIvs. Q3 2024SEC
Q3 2024Nov 13, 202410$330.9MCLBTIRMDSNEXvs. Q2 2024SEC
Q2 2024Aug 14, 202410$259.8MCLBTIRMDSNEXvs. Q1 2024SEC
Q1 2024May 15, 202413$328.4MSNEXAGYSMGNIvs. Q4 2023SEC
Q4 2023Feb 14, 202413$397.7MSNEXAGYSMGNIvs. Q3 2023SEC
Q3 2023Nov 14, 202310$327.7MSNEXAGYSWOWvs. Q2 2023SEC
Q2 2023Aug 14, 202310$297.8MSNEXAGYSWOWvs. Q1 2023SEC
Q1 2023May 15, 2023Amended9$600.2MTRUPHSKASNEXvs. Q4 2022SEC
Q4 2022Feb 13, 202310$575.4MTRUPAGYSSNEXvs. Q3 2022SEC
Q3 2022Nov 14, 202210$654.4MTRUPAGYSSNEXvs. Q2 2022SEC
Q2 2022Aug 9, 202210$720.9MTRUPWOWAGYSvs. Q1 2022SEC
Q1 2022May 11, 202210$768.2MTRUPWOWHSKAvs. Q4 2021SEC
Q4 2021Feb 9, 202212$962.2MTRUPWOWHSKAvs. Q3 2021SEC
Q3 2021Nov 12, 202111$935.1MHSKATRUPWOWvs. Q2 2021SEC
Q2 2021Aug 11, 202110$929.8MHSKATRUPWOWvs. Q1 2021SEC
Q1 2021May 10, 202110$722.4MHSKATRUPWOW–SEC

13D and 13G filings

Companies where Nine Ten Capital Management LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

Nine Ten Capital Management LLC does not currently report owning 5% or more of any company.

Latest filings

35 filings on file made by Nine Ten Capital Management LLC or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Nine Ten Capital Management LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
IRMDIradimed CorpFeb 10, 20261:20 PM ET13G/A3.40%428.5K shares−3.70 ppfrom 7.10%Below 5%Dec 31, 2025SEC
IRMDIradimed CorpFeb 13, 20251:28 PM ET13G7.10%905.9K shares–Dec 31, 2024SEC
SSTISoundthinking, Inc.May 9, 202413G/AOld format–––SEC
IRMDIradimed CorpFeb 12, 202413G/AOld format–––SEC
OLOOlo Inc.Feb 12, 202413G/AOld format–––SEC
WOWWideOpenWest, Inc.Feb 12, 202413G/AOld format–––SEC
SSTISoundthinking, Inc.Feb 12, 202413G/AOld format–––SEC
TRUPTrupanion, Inc.Jun 8, 202313G/AOld format–––SEC
HSKAHeska CorpApr 10, 202313G/AOld format–––SEC
WOWWideOpenWest, Inc.Feb 10, 202313G/AOld format–––SEC
WINAWinmark CorpFeb 10, 202313G/AOld format–––SEC
TRUPTrupanion, Inc.Feb 10, 202313G/AOld format–––SEC
SSTISoundthinking, Inc.Feb 10, 202313G/AOld format–––SEC
SNEXStoneX Group Inc.Feb 10, 202313G/AOld format–––SEC
OLOOlo Inc.Feb 10, 202313GOld format–New–SEC
IRMDIradimed CorpFeb 10, 202313G/AOld format–––SEC
HSKAHeska CorpFeb 10, 202313G/AOld format–––SEC
AGYSAgilysys IncFeb 10, 202313G/AOld format–––SEC
WOWWideOpenWest, Inc.Feb 9, 202213G/AOld format–––SEC
WINAWinmark CorpFeb 9, 202213G/AOld format–––SEC