In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Circumference Group LLC reported 25 stock positions worth $107.2 million . Its top holding was Resources Connection (RGP) at 8.4% of the portfolio, followed by Upwork (UPWK, 8.2% ) and GoDaddy Class A (GDDY, 5.5% ). Compared with Q3 2024, it opened 1 new position, sold out of 2, added to 8 and reduced 6. The biggest buy was a new position in Informatica Class A (INFA) and the biggest sale Secureworks Class A (SCWX, shares −47% ).
Location Little Rock, AR
CIK 0001742372
Portfolio Value $107.2M (Q4 2024) Holdings 25 stocks · $107.2M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2024 RGP Resources Connection Inc. 1,060,000 $9.0M Add +30.1% UPWK Upwork Inc. 540,000 $8.8M No change GDDY GoDaddy Inc. Class A 30,000 $5.9M No change ZUO Zuora Inc. Class A 565,000 $5.6M No change TDC Teradata Corp. 175,000 $5.5M Reduce -16.7% TWLO Twilio Inc. Class A 50,000 $5.4M No change DAVA Endava PLC- Spon ADR 169,000 $5.2M Add +12.7% YEXT Yext Inc. 807,800 $5.1M Reduce -13.4% EXTR Extreme Networks Inc. 305,000 $5.1M Reduce -33.7% BASE Couchbase Inc. 310,000 $4.8M Add +34.8% FIVN FIVE9 Inc. 115,000 $4.7M No change PATH Uipath Inc. Class A 365,000 $4.6M Add +25.9% GTM Zoominfo Technologies Inc. 435,000 $4.6M Add +19.2% INFA Informatica Inc. Class A 170,000 $4.4M New WIX Wix.com Ltd. 20,000 $4.3M No change VMEO Vimeo Inc. 525,000 $3.4M No change CXM Sprinklr Inc. Class A 360,000 $3.0M Reduce -47.5% AVDX Avidxchange Holdings Inc. 275,000 $2.8M No change SCWX Secureworks Corp. Class A 306,731 $2.6M Reduce -47.4% ONTF ON24 Inc. 394,196 $2.5M Add +15.9% TIXT Telus International Cda Inc. 625,000 $2.5M Add +8.7% KFY Korn Ferry 35,900 $2.4M No change IAS Integral Ad Science Holding 190,000 $2.0M Add +26.7% AMPL Amplitude Inc. Class A 178,000 $1.9M No change KLTR Kaltura Inc. 435,181 $957K Reduce -35.4%
Options reported separately and not counted above: GDDY puts ($5.9M), CXM calls ($2.1M), RGP calls ($1.0M).
Portfolio Sells Q3 2024 → Q4 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▲ SCWX Secureworks Corp. Class A Reduce -47.4% 2.42% −2.99 CXM Sprinklr Inc. Class A Reduce -47.5% 2.84% −2.71 EXTR Extreme Networks Inc. Reduce -33.7% 4.76% −2.49 YEXT Yext Inc. Reduce -13.4% 4.79% −1.98 TDC Teradata Corp. Reduce -16.7% 5.08% −1.60 EB Eventbrite Inc. Class A Sold out 0.00% −0.68 CMRC Commerce.com Inc. Sold out 0.00% −0.46 KLTR Kaltura Inc. Reduce -35.4% 0.89% −0.07
Portfolio Buys Q3 2024 → Q4 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▼ INFA Informatica Inc. Class A New 4.11% +4.11 DAVA Endava PLC- Spon ADR Add +12.7% 4.87% +0.85 BASE Couchbase Inc. Add +34.8% 4.51% +0.62 PATH Uipath Inc. Class A Add +25.9% 4.33% +0.43 GTM Zoominfo Technologies Inc. Add +19.2% 4.26% +0.31 ONTF ON24 Inc. Add +15.9% 2.38% +0.19 IAS Integral Ad Science Holding Add +26.7% 1.85% +0.15 RGP Resources Connection Inc. Add +30.1% 8.43% +0.14 TIXT Telus International Cda Inc. Add +8.7% 2.29% −0.07
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ GDDY GoDaddy Inc. Class A put New 30,000 $5.9M CXM Sprinklr Inc. Class A call Add +66.7% 250,000 $2.1M RGP Resources Connection Inc. call New 120,100 $1.0M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 13 $46.0M EXTR, ICLR, RGP, CNM, TWLO Q1 2026 13 $44.6M EXTR, RGP, CNM, PATH, WIX Q4 2025 20 $89.7M TWLO, UPWK, RGP, PATH, TDC Q3 2025 22 $85.2M UPWK, TWLO, RGP, WIX, EXTR Q2 2025 23 $96.4M TWLO, EXTR, RGP, TDC, INFA Q1 2025 21 $80.8M RGP, TDC, UPWK, EXTR, BASE Q4 2024 25 $107.2M RGP, UPWK, GDDY, ZUO, TDC Q3 2024 26 $95.4M RGP, EXTR, YEXT, TDC, UPWK Q2 2024 25 $93.6M TDC, RGP, EXTR, ZUO, CXM Q1 2024 29 $96.9M RGP, ZUO, TDC, JNPR, CXM