Keenan Capital, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Keenan Capital, LLC reported 10 stock positions worth $434.9 million. Its top holding was GoDaddy Class A (GDDY) at 19.4% of the portfolio, followed by AppLovin Class A (APP, 16.2%) and Workday Class A (WDAY, 13.1%). Compared with Q4 2024, it opened 1 new position, sold out of 1 and added to 3. The biggest buy was AppLovin Class A (APP, shares +48%) and the biggest sale an exit from Smartsheet Class A (SMAR).
- Most Recent 13F
- Q2 2026
- Location
- BURLINGAME, CA
- CIK
- 0001647363
- Portfolio Value
- $434.9M (Q1 2025)
- SEC Filing
- 0001420506-25-001204 ↗ filed May 15, 2025
Holdings Value
Holdings 10 stocks · $434.9M
| GDDY GoDaddy Inc. Class A | 19.41% | 468,531 | $84.4M | No change |
| APP AppLovin Corp. Class A | 16.18% | 265,510 | $70.4M | Add +47.7% |
| WDAY Workday Inc. Class A | 13.12% | 244,281 | $57.0M | No change |
| GLBE Global-E Online Ltd. | 13.09% | 1,597,274 | $56.9M | Add +23.6% |
| MLNK Meridianlink Inc. | 11.57% | 2,714,740 | $50.3M | No change |
| DT Dynatrace Inc. | 11.49% | 1,060,279 | $50.0M | No change |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 7.24% | 2,591,125 | $31.5M | No change |
| NCNO Ncino Inc. | 6.66% | 1,053,783 | $28.9M | Add +10.5% |
| SAIL Sailpoint Inc. | 0.71% | 164,515 | $3.1M | New |
| TTAN Servicetitan Inc. Class A | 0.54% | 24,887 | $2.4M | No change |
Portfolio Sells Q4 2024 → Q1 2025
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −5.28 |
Portfolio Buys Q4 2024 → Q1 2025
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 |