Keenan Capital, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Keenan Capital, LLC reported 11 stock positions worth $505.8 million. Its top holding was AppLovin Class A (APP) at 19.5% of the portfolio, followed by Global-E Online (GLBE, 13.4%) and Appfolio Class A (APPF, 10.6%). Compared with Q1 2026, it opened 3 new positions, sold out of 1, added to 1 and reduced 4. The biggest buy was a new position in Toast Class A (TOST) and the biggest sale an exit from Clearwater Analytics HDS-A (CWAN).
- Most Recent 13F
- Q2 2026
- Location
- BURLINGAME, CA
- CIK
- 0001647363
- Portfolio Value
- $505.8M (Q2 2026)
- SEC Filing
- 0001420506-26-001689 ↗ filed Aug 14, 2026
Holdings Value
Holdings 11 stocks · $505.8M
| APP AppLovin Corp. Class A | 19.48% | 191,225 | $98.5M | No change |
| GLBE Global-E Online Ltd. | 13.43% | 1,955,262 | $67.9M | Add +4.8% |
| APPF Appfolio Inc. Class A | 10.61% | 334,557 | $53.6M | No change |
| DT Dynatrace Inc. | 9.78% | 1,126,280 | $49.5M | Reduce -31.6% |
| ARX Accelerant Holdings Class A | 9.25% | 3,992,923 | $46.8M | No change |
| SAIL Sailpoint Inc. | 8.28% | 2,862,119 | $41.9M | Reduce -33.1% |
| GDDY GoDaddy Inc. Class A | 7.85% | 467,640 | $39.7M | Reduce -22.6% |
| TOST Toast Inc. Class A | 6.14% | 1,115,979 | $31.0M | New |
| GOOG Alphabet Inc. Class C | 5.31% | 76,000 | $26.9M | New |
| WDAY Workday Inc. Class A | 5.11% | 211,241 | $25.9M | Reduce -37.4% |
| AMZN Amazon.com Inc. | 4.76% | 101,000 | $24.1M | New |
Portfolio Sells Q1 2026 → Q2 2026
Portfolio Buys Q1 2026 → Q2 2026
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $505.8M | APP, GLBE, APPF, DT, ARX |
| Q1 2026 | 9 | $473.9M | APP, DT, GLBE, SAIL, ARX |
| Q4 2025 | 9 | $549.0M | APP, CWAN, GLBE, WDAY, GDDY |
| Q3 2025 | 8 | $512.3M | APP, WDAY, DT, GDDY, GLBE |
| Q2 2025 | 8 | $428.3M | APP, GDDY, GLBE, WDAY, DT |
| Q1 2025 | 10 | $434.9M | GDDY, APP, WDAY, GLBE, MLNK |
| Q4 2024 | 10 | $495.0M | GDDY, GLBE, WDAY, APP, DT |
| Q3 2024 | 9 | $451.6M | GDDY, APP, DT, MLNK, WDAY |
| Q2 2024 | 9 | $408.4M | GDDY, APP, MLNK, WDAY, DT |
| Q1 2024 | 9 | $390.4M | APP, GDDY, WDAY, MLNK, DT |