Linonia Partnership LP

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Linonia Partnership LP reported 10 stock positions worth $3.1 billion. Its top holding was Guidewire Software (GWRE) at 26.1% of the portfolio, followed by Somnigroup International (SGI, 19.5%) and Veeva Systems Class A (VEEV, 19.5%). Compared with Q1 2025, it added to 2 and reduced 4. The biggest buy was Veeva Systems Class A (VEEV, shares +13%) and the biggest sale Liberty Media Class C (FWONK, shares −51%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001985479
Portfolio Value
$3.1B (Q2 2025)
SEC Filing
0001985479-25-000006 ↗ filed Aug 14, 2025

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.3B Q2 2024 Q3 2024: $1.6B Q3 2024 Q4 2024: $1.9B Q4 2024 Q1 2025: $2.5B Q1 2025 Q2 2025: $3.1B $3.1B Q2 2025 Q3 2025: $3.8B Q3 2025 Q4 2025: $4.4B Q4 2025 Q1 2026: $5.4B Q1 2026 Q2 2026: $5.6B Q2 2026

Holdings 10 stocks · $3.1B
GWRE Guidewire Software Inc. 26.11% 3,396,310 $799.7M No change
SGI Somnigroup International Inc. 19.49% 8,771,900 $596.9M Add +15.6%
VEEV Veeva Systems Inc. Class A 19.47% 2,071,074 $596.4M Add +12.8%
LLYVK Liberty Media Corp.-Liberty-C 15.12% 5,703,902 $462.9M No change
FWONA Liberty Media Corp. Class A 6.57% 2,118,059 $201.1M Reduce -10.0%
LLYVA Liberty Media Corp.-Liberty-A 6.49% 2,498,950 $198.6M No change
LYV Live Nation Entertainment Inc. 3.32% 673,090 $101.8M No change
FWONK Liberty Media Corp. Class C 2.44% 716,285 $74.9M Reduce -50.8%
TDG Transdigm Group Inc. 0.55% 11,022 $16.8M Reduce -66.8%
SHAK Shake Shack Inc. Class A 0.44% 95,502 $13.4M Reduce -44.6%

Portfolio Sells Q1 2025 → Q2 2025
FWONK Liberty Media Corp. Class C Reduce -50.8% 2.44% −2.70
TDG Transdigm Group Inc. Reduce -66.8% 0.55% −1.26
FWONA Liberty Media Corp. Class A Reduce -10.0% 6.57% −0.97
SHAK Shake Shack Inc. Class A Reduce -44.6% 0.44% −0.16

Portfolio Buys Q1 2025 → Q2 2025
VEEV Veeva Systems Inc. Class A Add +12.8% 19.47% +2.76
SGI Somnigroup International Inc. Add +15.6% 19.49% +1.63

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 12$5.6BMELI, GWRE, VEEV, RBLX, NYT
Q1 2026 14$5.4BGWRE, VEEV, NYT, SGI, LLYVK
Q4 2025 12$4.4BGWRE, SGI, ECHO, VEEV, LLYVK
Q3 2025 10$3.8BGWRE, VEEV, SGI, LLYVK, LLYVA
Q2 2025 10$3.1BGWRE, SGI, VEEV, LLYVK, FWONA
Q1 2025 10$2.5BGWRE, SGI, VEEV, LLYVK, FWONA
Q4 2024 9$1.9BGWRE, LLYVK, SGI, VEEV, FWONA
Q3 2024 9$1.6BGWRE, LLYVK, SGI, VEEV, FWONA
Q2 2024 11$1.3BGWRE, LLYVK, SGI, VEEV, FWONK
Q1 2024 11$1.1BGWRE, VEEV, SGI, TDG, FWONK