Linonia Partnership LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Linonia Partnership LP reported 12 stock positions worth $4.4 billion. Its top holding was Guidewire Software (GWRE) at 24.4% of the portfolio, followed by Somnigroup International (SGI, 17.7%) and Echostar Class A (ECHO, 15.1%). Compared with Q3 2025, it opened 2 new positions, added to 2 and reduced 1. The biggest buy was a new position in Echostar Class A (ECHO) and the biggest sale Veeva Systems Class A (VEEV, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001985479
- Portfolio Value
- $4.4B (Q4 2025)
- SEC Filing
- 0001985479-26-000004 ↗ filed Feb 17, 2026
Holdings Value
Holdings 12 stocks · $4.4B
| GWRE Guidewire Software Inc. | 24.39% | 5,362,728 | $1.1B | Add +24.4% |
| SGI Somnigroup International Inc. | 17.73% | 8,778,047 | $783.7M | Add +0.0% |
| ECHO Echostar Corp. Class A | 15.05% | 6,119,103 | $665.1M | New |
| VEEV Veeva Systems Inc. Class A | 14.14% | 2,800,018 | $625.0M | Reduce -5.7% |
| LLYVK Liberty Live Holdings Class C | 10.81% | 5,746,719 | $477.9M | No change |
| FICO Fair Isaac Corp. | 4.70% | 122,956 | $207.9M | New |
| LLYVA Liberty Live Holdings Class A | 4.61% | 2,498,950 | $203.7M | No change |
| FWONA Liberty Media Corp. Class A | 4.28% | 2,118,059 | $189.3M | No change |
| LYV Live Nation Entertainment Inc. | 2.17% | 673,090 | $95.9M | No change |
| FWONK Liberty Media Corp. Class C | 1.60% | 716,285 | $70.6M | No change |
| TDG Transdigm Group Inc. | 0.33% | 11,022 | $14.7M | No change |
| SHAK Shake Shack Inc. Class A | 0.18% | 95,502 | $7.8M | No change |
Portfolio Sells Q3 2025 → Q4 2025
| VEEV Veeva Systems Inc. Class A | Reduce -5.7% | 14.14% | −9.03 |
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 12 | $5.6B | MELI, GWRE, VEEV, RBLX, NYT |
| Q1 2026 | 14 | $5.4B | GWRE, VEEV, NYT, SGI, LLYVK |
| Q4 2025 | 12 | $4.4B | GWRE, SGI, ECHO, VEEV, LLYVK |
| Q3 2025 | 10 | $3.8B | GWRE, VEEV, SGI, LLYVK, LLYVA |
| Q2 2025 | 10 | $3.1B | GWRE, SGI, VEEV, LLYVK, FWONA |
| Q1 2025 | 10 | $2.5B | GWRE, SGI, VEEV, LLYVK, FWONA |
| Q4 2024 | 9 | $1.9B | GWRE, LLYVK, SGI, VEEV, FWONA |
| Q3 2024 | 9 | $1.6B | GWRE, LLYVK, SGI, VEEV, FWONA |
| Q2 2024 | 11 | $1.3B | GWRE, LLYVK, SGI, VEEV, FWONK |
| Q1 2024 | 11 | $1.1B | GWRE, VEEV, SGI, TDG, FWONK |