Keenan Capital, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Keenan Capital, LLC reported 8 stock positions worth $428.3 million. Its top holding was AppLovin Class A (APP) at 21.8% of the portfolio, followed by GoDaddy Class A (GDDY, 19.7%) and Global-E Online (GLBE, 13.9%). Compared with Q1 2025, it sold out of 2 and added to 3. The biggest buy was AppLovin Class A (APP, shares +0%) and the biggest sale an exit from Ncino (NCNO).
- Most Recent 13F
- Q2 2026
- Location
- BURLINGAME, CA
- CIK
- 0001647363
- Portfolio Value
- $428.3M (Q2 2025)
- SEC Filing
- 0001420506-25-002122 ↗ filed Aug 14, 2025
Holdings Value
Holdings 8 stocks · $428.3M
| APP AppLovin Corp. Class A | 21.79% | 266,510 | $93.3M | Add +0.4% |
| GDDY GoDaddy Inc. Class A | 19.70% | 468,531 | $84.4M | No change |
| GLBE Global-E Online Ltd. | 13.86% | 1,769,274 | $59.3M | Add +10.8% |
| WDAY Workday Inc. Class A | 13.69% | 244,281 | $58.6M | No change |
| DT Dynatrace Inc. | 13.67% | 1,060,279 | $58.5M | No change |
| MLNK Meridianlink Inc. | 10.67% | 2,815,242 | $45.7M | Add +3.7% |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 5.75% | 2,591,125 | $24.6M | No change |
| SAIL Sailpoint Inc. | 0.88% | 164,515 | $3.8M | No change |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 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 |