Greenstone Partners & Co., LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Greenstone Partners & Co., LLC reported 11 stock positions worth $426.8 million. Its top holding was AppLovin Class A (APP) at 28.6% of the portfolio, followed by Acuity (AYI, 13.7%) and Charter Communications Class A (CHTR, 11.0%). Compared with Q1 2025, it opened 1 new position, added to 3 and reduced 5. The biggest buy was a new position in Vestis (VSTS) and the biggest sale Guidewire Software (GWRE, shares −29%).

Most Recent 13F
Q2 2026
Location
LARKSPUR, CA
CIK
0001845565
Portfolio Value
$426.8M (Q2 2025)
SEC Filing
0001941040-25-000485 ↗ filed Aug 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $222.8M Q1 2024 Q2 2024: $239.4M Q2 2024 Q3 2024: $286.6M Q3 2024 Q4 2024: $426.2M Q4 2024 Q1 2025: $376.7M Q1 2025 Q2 2025: $426.8M $426.8M Q2 2025 Q3 2025: $546.9M Q3 2025 Q4 2025: $514.4M Q4 2025 Q1 2026: $395.1M Q1 2026 Q2 2026: $432.6M Q2 2026

Holdings 11 stocks · $426.8M
APP AppLovin Corp. Class A 28.59% 348,515 $122.0M Reduce -13.8%
AYI Acuity Inc. 13.65% 195,269 $58.3M Add +20.9%
CHTR Charter Communications Inc. Class A 11.03% 115,138 $47.1M Reduce -11.0%
PAR Par Technology Corp. 8.64% 531,313 $36.9M Reduce -5.6%
SCHW Schwab (charles) Corp. 7.74% 361,845 $33.0M Reduce -17.1%
APPF Appfolio Inc. Class A 7.24% 134,229 $30.9M Add +20.1%
GWRE Guidewire Software Inc. 7.04% 127,516 $30.0M Reduce -29.0%
XPO Xpo Inc. 5.71% 192,784 $24.3M Add +13.4%
PCOR Procore Technologies Inc. 5.16% 321,739 $22.0M No change
MLNK Meridianlink Inc. 2.64% 693,943 $11.3M No change
VSTS Vestis Corp. 2.58% 1,919,705 $11.0M New

Portfolio Sells Q1 2025 → Q2 2025
GWRE Guidewire Software Inc. Reduce -29.0% 7.04% −1.90
CHTR Charter Communications Inc. Class A Reduce -11.0% 11.03% −1.63
SCHW Schwab (charles) Corp. Reduce -17.1% 7.74% −1.33
PAR Par Technology Corp. Reduce -5.6% 8.64% −0.53
APP AppLovin Corp. Class A Reduce -13.8% 28.59% +0.15

Portfolio Buys Q1 2025 → Q2 2025
VSTS Vestis Corp. New 2.58% +2.58
AYI Acuity Inc. Add +20.9% 13.65% +2.36
XPO Xpo Inc. Add +13.4% 5.71% +0.85
APPF Appfolio Inc. Class A Add +20.1% 7.24% +0.72

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 8$432.6MAPP, VSTS, AYI, GWRE, SGI
Q1 2026 9$395.1MAPP, GWRE, AYI, APPF, SGI
Q4 2025 12$514.4MAPP, AYI, SGI, APPF, PCOR
Q3 2025 11$546.9MAPP, AYI, PCOR, APPF, LBRDK
Q2 2025 11$426.8MAPP, AYI, CHTR, PAR, SCHW
Q1 2025 10$376.7MAPP, CHTR, AYI, PAR, SCHW
Q4 2024 9$426.2MAPP, PAR, AYI, GWRE, APPF
Q3 2024 9$286.6MAPP, GWRE, AYI, PAR, APPF
Q2 2024 9$239.4MAPP, APPF, PAR, AYI, GWRE
Q1 2024 9$222.8MAPP, AYI, APPF, PCOR, GWRE