272 Capital LP

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), 272 Capital LP reported 62 stock positions worth $199.0 million. Its top holding was Vishay Precision (VPG) at 6.9% of the portfolio, followed by FIVE9 (FIVN, 6.4%) and Cadiz (CDZI, 5.5%). Compared with Q1 2024, it opened 22 new positions, sold out of 27, added to 15 and reduced 24. The biggest buy was a new position in FIVE9 (FIVN) and the biggest sale an exit from Walkme (WKME).

Most Recent 13F
Q4 2025
Location
DALLAS, TX
CIK
0001841077
Portfolio Value
$199.0M (Q2 2024)
SEC Filing
0001841077-24-000006 ↗ filed Aug 14, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $249.8M Q1 2024 Q2 2024: $199.0M $199.0M Q2 2024 Q3 2024: $175.0M Q3 2024 Q4 2024: $105.8M Q4 2024 Q1 2025: $37.8M Q1 2025 Q2 2025: $24.3M Q2 2025 Q3 2025: $39.3M Q3 2025 Q4 2025: $40.0M Q4 2025

Holdings 62 stocks · $199.0M
VPG Vishay Precision Group 6.86% 448,225 $13.6M Reduce -7.6%
FIVN FIVE9 Inc. 6.39% 288,491 $12.7M New
CDZI Cadiz Inc. 5.47% 3,522,582 $10.9M Reduce -11.1%
APLD Applied Digital Corp. 4.88% 1,631,453 $9.7M Reduce -19.9%
RSKD Riskified Ltd. Class A 4.02% 1,253,094 $8.0M Reduce -46.3%
CMRC Commerce.com Inc. filed as BIGCOMMERCE HLDGS INC 3.58% 884,750 $7.1M Add +40.0%
GPRE Green Plains Inc. 3.51% 440,058 $7.0M Add +10.2%
RPD RAPID7 Inc. 3.51% 161,438 $7.0M New
IIIV I3 Verticals Inc. Class A 2.84% 256,021 $5.7M Reduce -6.1%
SIMO Silicon Motion Technol-ADR 2.66% 65,299 $5.3M Reduce -26.9%
SWI Solarwinds Corp. 2.53% 417,633 $5.0M New
SEQUANS COMMUNICATIONS S A 2.52% 10,035,568 $5.0M Reduce -10.8%
XPER Xperi Inc. 2.48% 601,240 $4.9M Reduce -11.2%
AVNW Aviat Networks Inc. 2.40% 166,372 $4.8M Reduce -21.6%
HBIO Harvard Bioscience Inc. 2.20% 1,535,820 $4.4M Reduce -45.8%
TWLO Twilio Inc. Class A 2.17% 75,989 $4.3M No change
TWKS Thoughtworks Holding Inc. 2.03% 1,423,569 $4.0M Add +29.4%
LGTY Logility Supply Chain Soluti filed as AMER SOFTWARE INC 2.01% 438,701 $4.0M Add +36.7%
ALTG Alta Equipment Group Inc. 1.98% 489,742 $3.9M Reduce -59.7%
ZUO Zuora Inc. Class A 1.92% 385,326 $3.8M Reduce -21.2%
MITK Mitek Systems Inc. 1.81% 322,885 $3.6M Reduce -39.4%
DH Definitive Healthcare Corp. 1.75% 637,314 $3.5M New
TDC Teradata Corp. 1.73% 99,903 $3.5M Add +57.6%
HUCK Huckleberry AI Inc. filed as DOMO INC 1.62% 416,464 $3.2M Add +52.1%
NABL N-Able Inc. 1.50% 196,209 $3.0M New
DV Doubleverify Holdings Inc. 1.49% 152,200 $3.0M New
IAS Integral Ad Science Holding 1.49% 304,254 $3.0M Add +27.3%
TSEM Tower Semiconductor Ltd. 1.44% 73,150 $2.9M Reduce -43.4%
BILL Bill Holdings Inc. 1.43% 53,965 $2.8M New
BL Blackline Inc. 1.27% 52,330 $2.5M New
JAMF Jamf Holding Corp. filed as JAMF HLDG CORP 1.26% 151,932 $2.5M Add +41.4%
TDS Telephone and Data Systems 1.22% 117,136 $2.4M Add +51.8%
CXM Sprinklr Inc. Class A 1.18% 244,500 $2.4M New
GSM Ferroglobe PLC 1.11% 413,255 $2.2M Reduce -27.6%
APPN Appian Corp. Class A 1.09% 70,621 $2.2M New
ATEX Anterix Inc. 1.04% 52,308 $2.1M Reduce -15.2%
W Wayfair Inc. Class A 1.01% 38,088 $2.0M New
COHU Cohu Inc. 0.98% 58,654 $1.9M Add +137.9%
CDMO Avid Bioservices Inc. 0.95% 264,540 $1.9M Reduce -67.3%
PEGA Pegasystems Inc. 0.93% 30,737 $1.9M New
UPLD Upland Software Inc. 0.92% 738,421 $1.8M Reduce -51.6%
MTCH Match Group Inc. 0.84% 55,198 $1.7M Add +104.5%
DAVA Endava PLC- Spon ADR 0.83% 56,628 $1.7M Add +157.4%
ENFN Enfusion Inc. Class A 0.60% 139,180 $1.2M Add +1.5%
BJRI Bj's Restaurants Inc. 0.59% 33,800 $1.2M New
CGNX Cognex Corp. 0.56% 23,800 $1.1M New
EGHT 8X8 Inc. 0.47% 423,358 $940K Reduce -69.1%
FARO Faro Technologies Inc. 0.46% 56,729 $908K Add +54.9%
KRMD Koru Medical Systems Inc. 0.41% 308,280 $817K Reduce -58.5%
VIAV Viavi Solutions Inc. 0.38% 110,000 $756K New
BAND Bandwidth Inc. Class A 0.27% 31,598 $533K New
SMWB Similarweb Ltd. 0.27% 68,036 $529K New
IBIT iShares Bitcoin Trust ETF 0.24% 14,100 $481K Reduce -22.1%
SRTA Strata Critical Medical Inc. filed as BLADE AIR MOBILITY INC 0.17% 96,912 $337K New
LDI Loandepot Inc. Class A 0.15% 183,190 $302K Add +107.5%
PBPB Potbelly Corp. 0.15% 36,223 $291K New
MSOS Advisorshares Pure US Cann 0.14% 37,791 $277K New
MX Magnachip Semiconductor Corp. 0.09% 37,966 $185K Reduce -93.4%
ECVT Ecovyst Inc. 0.07% 15,000 $135K Reduce -94.0%
LFCR Lifecore Biomedical Inc. 0.06% 23,478 $120K Reduce -83.9%
MCW Mister Car Wash Inc. 0.06% 16,651 $119K New
LEVI Levi Strauss & Co. Class A 0.02% 1,800 $35K New
Other holdings (3): bonds, preferreds, convertibles and warrants · $511K (not counted above)
SecurityClassShares / PrincipalValueChange
BTMWQ Bitcoin Depot Inc.-CW23 *W EXP 06/30/202 254,041$208KNo change
MSAIW Sportsmap Tech Acq -CW27 *W EXP 12/19/202 112,500$185KNo change
RSVRW Reservoir Media-CW26 *W EXP 08/26/202 15,000$119KNo change

Total filed on the 13F, all lines: $199.5M.

Portfolio Sells Q1 2024 → Q2 2024
WKME Walkme Ltd. Sold out 0.00% −4.52
ALTG Alta Equipment Group Inc. Reduce -59.7% 1.98% −4.33
HBIO Harvard Bioscience Inc. Reduce -45.8% 2.20% −2.61
MODN Model N Inc. Sold out 0.00% −2.34
OSPN Onespan Inc. Sold out 0.00% −2.32
CORZ Core Scientific Inc. Sold out 0.00% −2.28
AOSL Alpha & Omega Semiconductor Sold out 0.00% −2.05
CDMO Avid Bioservices Inc. Reduce -67.3% 0.95% −1.22
CRTO Criteo SA-Spon Sold out 0.00% −1.21
MX Magnachip Semiconductor Corp. Reduce -93.4% 0.09% −1.19
MITK Mitek Systems Inc. Reduce -39.4% 1.81% −1.19
ECVT Ecovyst Inc. Reduce -94.0% 0.07% −1.04
RSKD Riskified Ltd. Class A Reduce -46.3% 4.02% −1.03
PAYO Payoneer Global Inc. Sold out 0.00% −1.02
EGHT 8X8 Inc. Reduce -69.1% 0.47% −1.01
UPLD Upland Software Inc. Reduce -51.6% 0.92% −0.96
AVNW Aviat Networks Inc. Reduce -21.6% 2.40% −0.86
LSPD Lightspeed Commerce Inc. Sold out 0.00% −0.82
XPER Xperi Inc. Reduce -11.2% 2.48% −0.79
NRDY Nerdy Inc. Sold out 0.00% −0.69
VECO Veeco Instruments Inc. Sold out 0.00% −0.56
VIVID SEATS INC Sold out 0.00% −0.52
CLFD Clearfield Inc. Sold out 0.00% −0.48
CALX Calix Inc. Sold out 0.00% −0.46
INDI Indie Semiconductor Inc. Class A Sold out 0.00% −0.34
GPGI Gpgi Inc. Sold out 0.00% −0.32
BW Babcock & Wilcox Enterpr Sold out 0.00% −0.32
KRMD Koru Medical Systems Inc. Reduce -58.5% 0.41% −0.29
TSEM Tower Semiconductor Ltd. Reduce -43.4% 1.44% −0.29
LFCR Lifecore Biomedical Inc. Reduce -83.9% 0.06% −0.25
SEDG Solaredge Technologies Inc. Sold out 0.00% −0.23
CAMPQ Calamp Corp. Sold out 0.00% −0.19
CDNA Caredx Inc. Sold out 0.00% −0.18
AKTSQ Akoustis Technologies Inc. Sold out 0.00% −0.18
EVER Everquote Inc. Class A Sold out 0.00% −0.18
EVCM Evercommerce Inc. Sold out 0.00% −0.13
SIMO Silicon Motion Technol-ADR Reduce -26.9% 2.66% −0.09
AUGX Augmedix Inc. Sold out 0.00% −0.09
SMAR Smartsheet Inc. Class A Sold out 0.00% −0.08
IDCC Interdigital Inc. Sold out 0.00% −0.06
TREE Lendingtree Inc. Sold out 0.00% −0.05
GSM Ferroglobe PLC Reduce -27.6% 1.11% −0.02
PMTS Cpi Card Group Inc. Sold out 0.00% −0.01
VPG Vishay Precision Group Reduce -7.6% 6.86% −0.01
IBIT iShares Bitcoin Trust ETF Reduce -22.1% 0.24% −0.01
ZUO Zuora Inc. Class A Reduce -21.2% 1.92% +0.14
ATEX Anterix Inc. Reduce -15.2% 1.04% +0.21
IIIV I3 Verticals Inc. Class A Reduce -6.1% 2.84% +0.34
SEQUANS COMMUNICATIONS S A Reduce -10.8% 2.52% +0.76
CDZI Cadiz Inc. Reduce -11.1% 5.47% +0.87

Portfolio Buys Q1 2024 → Q2 2024
FIVN FIVE9 Inc. New 6.39% +6.39
RPD RAPID7 Inc. New 3.51% +3.51
SWI Solarwinds Corp. New 2.53% +2.53
CMRC Commerce.com Inc. Add +40.0% 3.58% +1.84
DH Definitive Healthcare Corp. New 1.75% +1.75
NABL N-Able Inc. New 1.50% +1.50
DV Doubleverify Holdings Inc. New 1.49% +1.49
BILL Bill Holdings Inc. New 1.43% +1.43
BL Blackline Inc. New 1.27% +1.27
CXM Sprinklr Inc. Class A New 1.18% +1.18
APPN Appian Corp. Class A New 1.09% +1.09
W Wayfair Inc. Class A New 1.01% +1.01
PEGA Pegasystems Inc. New 0.93% +0.93
TWKS Thoughtworks Holding Inc. Add +29.4% 2.03% +0.92
TDC Teradata Corp. Add +57.6% 1.73% +0.75
TDS Telephone and Data Systems Add +51.8% 1.22% +0.73
COHU Cohu Inc. Add +137.9% 0.98% +0.65
HUCK Huckleberry AI Inc. Add +52.1% 1.62% +0.64
BJRI Bj's Restaurants Inc. New 0.59% +0.59
CGNX Cognex Corp. New 0.56% +0.56
LGTY Logility Supply Chain Soluti Add +36.7% 2.01% +0.54
IAS Integral Ad Science Holding Add +27.3% 1.49% +0.53
DAVA Endava PLC- Spon ADR Add +157.4% 0.83% +0.50
JAMF Jamf Holding Corp. Add +41.4% 1.26% +0.47
MTCH Match Group Inc. Add +104.5% 0.84% +0.45
VIAV Viavi Solutions Inc. New 0.38% +0.38
BAND Bandwidth Inc. Class A New 0.27% +0.27
SMWB Similarweb Ltd. New 0.27% +0.27
SRTA Strata Critical Medical Inc. New 0.17% +0.17
PBPB Potbelly Corp. New 0.15% +0.15
FARO Faro Technologies Inc. Add +54.9% 0.46% +0.14
MSOS Advisorshares Pure US Cann New 0.14% +0.14
ENFN Enfusion Inc. Class A Add +1.5% 0.60% +0.09
LDI Loandepot Inc. Class A Add +107.5% 0.15% +0.06
MCW Mister Car Wash Inc. New 0.06% +0.06
LEVI Levi Strauss & Co. Class A New 0.02% +0.02
GPRE Green Plains Inc. Add +10.2% 3.51% −0.19

Notes & Other Activity Q1 2024 → Q2 2024
NNAVW Nextnav Inc. *W EXP 99/99/999 Sold out 7,100 $15Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 1$40.0MAPLD
Q3 2025 3$39.3MAPLD, SQNS, BITF
Q2 2025 7$24.3MAPLD, SQNS, CXM, RSKD, TENB
Q1 2025 31$37.8MAPLD, SQNS, FIVN, CDZI, RPD
Q4 2024 48$105.8MSQNS, APLD, FIVN, CMRC, CDZI
Q3 2024Amended 61$175.0MAPLD, SEQUANS COMMUNICATIONS S A, CDZI, RPD, FIVN
Q2 2024 62$199.0MVPG, FIVN, CDZI, APLD, RSKD
Q1 2024 67$249.8MVPG, ALTG, RSKD, HBIO, CDZI