Long Path Partners LP

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Long Path Partners LP reported 9 stock positions worth $220.1 million. Its top holding was Ncino (NCNO) at 30.1% of the portfolio, followed by Mesa Laboratories (MLAB, 16.3%) and Alkami Technology (ALKT, 12.8%). Compared with Q4 2025, it opened 3 new positions, sold out of 1, added to 2 and reduced 4. The biggest buy was Mesa Laboratories (MLAB, shares +79%) and the biggest sale Alkami Technology (ALKT, shares −43%).

Most Recent 13F
Q2 2026
Location
Stamford, CT
CIK
0001905112
Portfolio Value
$220.1M (Q1 2026)
SEC Filing
0000919574-26-003080 ↗ filed May 14, 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 $220.1M Q1 2026 Q2 2026: $234.6M Q2 2026

Holdings 9 stocks · $220.1M
NCNO Ncino Inc. 30.08% 4,419,945 $66.2M Add +20.6%
MLAB Mesa Laboratories Inc. 16.29% 405,583 $35.9M Add +78.5%
ALKT Alkami Technology Inc. 12.81% 1,799,216 $28.2M Reduce -42.7%
CPAY Corpay Inc. 11.67% 88,295 $25.7M Reduce -34.7%
TYL Tyler Technologies Inc. 9.38% 60,309 $20.6M New
IIIV I3 Verticals Inc. Class A 8.32% 819,625 $18.3M Reduce -25.0%
PCOR Procore Technologies Inc. 5.42% 209,186 $11.9M Reduce -16.6%
TDG Transdigm Group Inc. 3.41% 6,478 $7.5M New
VEEV Veeva Systems Inc. Class A 2.63% 32,909 $5.8M New

Portfolio Sells Q4 2025 → Q1 2026
ALKT Alkami Technology Inc. Reduce -42.7% 12.81% −11.98
DCBO Docebo Inc. Sold out 0.00% −7.40
CPAY Corpay Inc. Reduce -34.7% 11.67% −2.24
IIIV I3 Verticals Inc. Class A Reduce -25.0% 8.32% −1.09
PCOR Procore Technologies Inc. Reduce -16.6% 5.42% −0.82

Portfolio Buys Q4 2025 → Q1 2026
MLAB Mesa Laboratories Inc. Add +78.5% 16.29% +10.19
TYL Tyler Technologies Inc. New 9.38% +9.38
TDG Transdigm Group Inc. New 3.41% +3.41
VEEV Veeva Systems Inc. Class A New 2.63% +2.63
NCNO Ncino Inc. Add +20.6% 30.08% −2.07

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