Long Path Partners LP

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 31, 2026), Long Path Partners LP reported 10 stock positions worth $234.6 million. Its top holding was Ncino (NCNO) at 25.4% of the portfolio, followed by Mesa Laboratories (MLAB, 20.2%) and Alkami Technology (ALKT, 17.3%). Compared with Q1 2026, it opened 1 new position, added to 4 and reduced 5. The biggest buy was Alkami Technology (ALKT, shares +24%) and the biggest sale I3 Verticals Class A (IIIV, shares −74%).

Most Recent 13F
Q2 2026
Location
Stamford, CT
CIK
0001905112
Portfolio Value
$234.6M (Q2 2026)
SEC Filing
0000919574-26-004718 ↗ filed Jul 31, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $190.0M Q1 2024 Q2 2024: $252.3M Q2 2024 Q3 2024: $308.3M Q3 2024 Q4 2024: $308.6M Q4 2024 Q1 2025: $258.7M Q1 2025 Q2 2025: $294.6M Q2 2025 Q3 2025: $276.6M Q3 2025 Q4 2025: $292.4M Q4 2025 Q1 2026: $220.1M Q1 2026 Q2 2026: $234.6M $234.6M Q2 2026

Holdings 10 stocks · $234.6M
NCNO Ncino Inc. 25.36% 3,639,442 $59.5M Reduce -17.7%
MLAB Mesa Laboratories Inc. 20.24% 477,126 $47.5M Add +17.6%
ALKT Alkami Technology Inc. 17.29% 2,239,524 $40.6M Add +24.5%
CPAY Corpay Inc. 12.42% 87,472 $29.2M Reduce -0.9%
TYL Tyler Technologies Inc. 7.81% 62,642 $18.3M Add +3.9%
SPSC SPS Commerce Inc. 4.41% 180,912 $10.3M New
VEEV Veeva Systems Inc. Class A 3.99% 52,738 $9.4M Add +60.3%
TDG Transdigm Group Inc. 3.45% 6,078 $8.1M Reduce -6.2%
PCOR Procore Technologies Inc. 3.06% 176,896 $7.2M Reduce -15.4%
IIIV I3 Verticals Inc. Class A 1.96% 215,319 $4.6M Reduce -73.7%

Portfolio Sells Q1 2026 → Q2 2026
IIIV I3 Verticals Inc. Class A Reduce -73.7% 1.96% −6.36
NCNO Ncino Inc. Reduce -17.7% 25.36% −4.72
PCOR Procore Technologies Inc. Reduce -15.4% 3.06% −2.35
TDG Transdigm Group Inc. Reduce -6.2% 3.45% +0.04
CPAY Corpay Inc. Reduce -0.9% 12.42% +0.75

Portfolio Buys Q1 2026 → Q2 2026
ALKT Alkami Technology Inc. Add +24.5% 17.29% +4.49
SPSC SPS Commerce Inc. New 4.41% +4.41
MLAB Mesa Laboratories Inc. Add +17.6% 20.24% +3.95
VEEV Veeva Systems Inc. Class A Add +60.3% 3.99% +1.36
TYL Tyler Technologies Inc. Add +3.9% 7.81% −1.57

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 10$234.6MNCNO, MLAB, ALKT, CPAY, TYL
Q1 2026 9$220.1MNCNO, MLAB, ALKT, CPAY, TYL
Q4 2025 7$292.4MNCNO, ALKT, CPAY, IIIV, DCBO
Q3 2025 7$276.6MNCNO, ALKT, CPAY, IIIV, DCBO
Q2 2025 6$294.6MNCNO, CPAY, DCBO, ALKT, IIIV
Q1 2025 10$258.7MNCNO, PCOR, CPAY, DCBO, IIIV
Q4 2024 11$308.6MNCNO, PCOR, DCBO, CRM, CPAY
Q3 2024 10$308.3MNCNO, CPAY, DCBO, CRM, LBRDK
Q2 2024 10$252.3MNCNO, CPAY, DCBO, PCOR, ALKT
Q1 2024 9$190.0MCPAY, NCNO, ALKT, CRM, DCBO