Long Path Partners LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Long Path Partners LP reported 7 stock positions worth $276.6 million. Its top holding was Ncino (NCNO) at 33.0% of the portfolio, followed by Alkami Technology (ALKT, 23.1%) and Corpay (CPAY, 14.2%). Compared with Q2 2025, it opened 1 new position, added to 1 and reduced 4. The biggest buy was Alkami Technology (ALKT, shares +138%) and the biggest sale Ncino (NCNO, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- Stamford, CT
- CIK
- 0001905112
- Portfolio Value
- $276.6M (Q3 2025)
- SEC Filing
- 0000919574-25-006895 ↗ filed Nov 14, 2025
Holdings Value
Holdings 7 stocks · $276.6M
| NCNO Ncino Inc. | 32.99% | 3,366,001 | $91.3M | Reduce -29.7% |
| ALKT Alkami Technology Inc. | 23.07% | 2,568,823 | $63.8M | Add +138.2% |
| CPAY Corpay Inc. | 14.16% | 135,964 | $39.2M | Reduce -1.5% |
| IIIV I3 Verticals Inc. Class A | 12.20% | 1,039,847 | $33.8M | No change |
| DCBO Docebo Inc. | 10.03% | 1,015,188 | $27.7M | Reduce -13.7% |
| PCOR Procore Technologies Inc. | 7.36% | 279,147 | $20.4M | Reduce -3.2% |
| IWM iShares Russell 2000 ETF | 0.19% | 2,135 | $517K | New |
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 10 | $234.6M | NCNO, MLAB, ALKT, CPAY, TYL |
| Q1 2026 | 9 | $220.1M | NCNO, MLAB, ALKT, CPAY, TYL |
| Q4 2025 | 7 | $292.4M | NCNO, ALKT, CPAY, IIIV, DCBO |
| Q3 2025 | 7 | $276.6M | NCNO, ALKT, CPAY, IIIV, DCBO |
| Q2 2025 | 6 | $294.6M | NCNO, CPAY, DCBO, ALKT, IIIV |
| Q1 2025 | 10 | $258.7M | NCNO, PCOR, CPAY, DCBO, IIIV |
| Q4 2024 | 11 | $308.6M | NCNO, PCOR, DCBO, CRM, CPAY |
| Q3 2024 | 10 | $308.3M | NCNO, CPAY, DCBO, CRM, LBRDK |
| Q2 2024 | 10 | $252.3M | NCNO, CPAY, DCBO, PCOR, ALKT |
| Q1 2024 | 9 | $190.0M | CPAY, NCNO, ALKT, CRM, DCBO |