Linonia Partnership LP

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Linonia Partnership LP reported 10 stock positions worth $3.8 billion. Its top holding was Guidewire Software (GWRE) at 26.0% of the portfolio, followed by Veeva Systems Class A (VEEV, 23.2%) and Somnigroup International (SGI, 19.4%). Compared with Q2 2025, it added to 4. The biggest buy was Veeva Systems Class A (VEEV, shares +43%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001985479
Portfolio Value
$3.8B (Q3 2025)
SEC Filing
0001985479-25-000023 ↗ filed Nov 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 Q2 2025 Q3 2025: $3.8B $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 · $3.8B
GWRE Guidewire Software Inc. 25.95% 4,312,151 $991.2M Add +27.0%
VEEV Veeva Systems Inc. Class A 23.17% 2,970,254 $884.9M Add +43.4%
SGI Somnigroup International Inc. 19.38% 8,775,347 $740.0M Add +0.0%
LLYVK Liberty Media Corp.-Liberty-C 14.59% 5,746,719 $557.3M Add +0.8%
LLYVA Liberty Media Corp.-Liberty-A 6.17% 2,498,950 $235.7M No change
FWONA Liberty Media Corp. Class A 5.28% 2,118,059 $201.7M No change
LYV Live Nation Entertainment Inc. 2.88% 673,090 $110.0M No change
FWONK Liberty Media Corp. Class C 1.96% 716,285 $74.8M No change
TDG Transdigm Group Inc. 0.38% 11,022 $14.5M No change
SHAK Shake Shack Inc. Class A 0.23% 95,502 $8.9M No change

Portfolio Sells Q2 2025 → Q3 2025
None this quarter.

Portfolio Buys Q2 2025 → Q3 2025
VEEV Veeva Systems Inc. Class A Add +43.4% 23.17% +3.70
SGI Somnigroup International Inc. Add +0.0% 19.38% −0.11
GWRE Guidewire Software Inc. Add +27.0% 25.95% −0.16
LLYVK Liberty Media Corp.-Liberty-C Add +0.8% 14.59% −0.52

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