Ivy Lane Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Ivy Lane Capital Management, LLC reported 10 stock positions worth $79.1 million. Its top holding was Alphabet Class C (GOOG) at 36.5% of the portfolio, followed by BlackRock Finance (BLK, 14.9%) and Microsoft (MSFT, 12.2%). Compared with Q3 2025, it opened 4 new positions, sold out of 4 and reduced 3. The biggest buy was a new position in Snap Class A (SNAP) and the biggest sale an exit from Bill (BILL).
- Most Recent 13F
- Q2 2026
- Location
- WINTER PARK, FL
- CIK
- 0001839851
- Portfolio Value
- $79.1M (Q4 2025)
- SEC Filing
- 0001839851-26-000001 ↗ filed Feb 17, 2026
Holdings Value
Holdings 10 stocks · $79.1M
| GOOG Alphabet Inc. Class C | 36.50% | 92,000 | $28.9M | Reduce -8.0% |
| BLK BlackRock Finance Inc. | 14.89% | 11,000 | $11.8M | No change |
| MSFT Microsoft Corp. | 12.23% | 20,000 | $9.7M | Reduce -33.3% |
| T AT&T Inc. | 11.78% | 375,000 | $9.3M | No change |
| DGX Quest Diagnostics Inc. | 6.36% | 29,000 | $5.0M | No change |
| UNP Union Pacific Corp. | 5.85% | 20,000 | $4.6M | Reduce -16.7% |
| SNAP Snap Inc. Class A | 5.36% | 525,000 | $4.2M | New |
| EBAY eBay Inc. | 3.85% | 35,000 | $3.0M | New |
| GTLB Gitlab Inc. Class A | 1.76% | 37,000 | $1.4M | New |
| LW Lamb Weston Holdings Inc. | 1.43% | 27,000 | $1.1M | New |
Portfolio Sells Q3 2025 → Q4 2025
| BILL Bill Holdings Inc. | Sold out | 0.00% | −7.11 |
| MSFT Microsoft Corp. | Reduce -33.3% | 12.23% | −5.15 |
| Z Zillow Group Inc. Class C | Sold out | 0.00% | −4.48 |
| VERX Vertex Inc. Class A | Sold out | 0.00% | −2.61 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −2.48 |
| UNP Union Pacific Corp. | Reduce -16.7% | 5.85% | −0.50 |
| GOOG Alphabet Inc. Class C | Reduce -8.0% | 36.50% | +9.26 |
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 14 | $69.0M | GOOG, BLK, UNP, DGX, CSGP |
| Q1 2026 | 11 | $66.1M | GOOG, BLK, T, UNP, DGX |
| Q4 2025 | 10 | $79.1M | GOOG, BLK, MSFT, T, DGX |
| Q3 2025 | 10 | $89.4M | GOOG, MSFT, BLK, T, BILL |
| Q2 2025 | 14 | $181.5M | MSFT, GOOG, BLK, T, UNP |
| Q1 2025 | 14 | $165.9M | MSFT, GOOG, T, BLK, UNP |
| Q4 2024 | 12 | $185.3M | GOOG, MSFT, BLK, T, EBAY |
| Q3 2024 | 12 | $177.0M | MSFT, GOOG, BLK, EBAY, T |
| Q2 2024 | 12 | $172.1M | MSFT, GOOG, BLK, ESTC, T |
| Q1 2024 | 12 | $163.5M | MSFT, GOOG, BLK, ESTC, UNP |