Lynrock Lake LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Lynrock Lake LP reported 17 stock positions worth $579.1 million. Its top holding was Teradata (TDC) at 36.6% of the portfolio, followed by Vimeo (VMEO, 13.8%) and Yext (YEXT, 12.4%). Compared with Q4 2024, it opened 1 new position, sold out of 3, added to 7 and reduced 3. The biggest buy was Teradata (TDC, shares +38%) and the biggest sale an exit from Brightcove (BCOV).
- Most Recent 13F
- Q2 2026
- Location
- RYE BROOK, NY
- CIK
- 0001734341
- Portfolio Value
- $579.1M (Q1 2025)
- SEC Filing
- 0001085146-25-003349 ↗ filed May 15, 2025
Holdings Value
Holdings 17 stocks · $579.1M
| TDC Teradata Corp. | 36.55% | 9,416,666 | $211.7M | Add +37.6% |
| VMEO Vimeo Inc. | 13.82% | 15,217,094 | $80.0M | Add +8.9% |
| YEXT Yext Inc. | 12.42% | 11,680,363 | $72.0M | Add +9.5% |
| ALLT Allot Ltd. | 8.65% | 8,768,666 | $50.1M | No change |
| ONTF ON24 Inc. | 6.88% | 7,659,474 | $39.8M | Add +4.5% |
| CMRC Commerce.com Inc. filed as BIGCOMMERCE HLDGS INC | 6.04% | 6,075,807 | $35.0M | Add +17.1% |
| RDCM Radcom Ltd. | 4.47% | 2,266,666 | $25.9M | No change |
| AIOT Powerfleet Inc. | 3.35% | 3,535,208 | $19.4M | Reduce -7.2% |
| TTGT Techtarget Inc. | 2.73% | 1,066,666 | $15.8M | Add +50.7% |
| MRAM Everspin Technologies Inc. | 1.40% | 1,586,370 | $8.1M | Add +132.0% |
| SQNS Sequans Communications S A | 1.26% | 3,471,164 | $7.3M | No change |
| OSS One Stop Systems Inc. | 0.83% | 2,066,666 | $4.8M | No change |
| MITK Mitek Systems Inc. | 0.81% | 568,877 | $4.7M | Reduce -27.0% |
| OSPN Onespan Inc. | 0.44% | 167,053 | $2.5M | Reduce -54.5% |
| SVCO Silvaco Group Inc. | 0.16% | 203,481 | $928K | No change |
| GPRO Gopro Inc. Class A | 0.15% | 1,350,607 | $895K | New |
| LTRX Lantronix Inc. | 0.03% | 66,666 | $166K | No change |
Other holdings (9): bonds, preferreds, convertibles and warrants · $460.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| COMMERCE.COM INC (CMRC 7.5 10/01/28) | DEBT 7.500%10/0 · principal | 150,000,000 | $146.4M | No change |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | 118,695,000 | $122.2M | No change |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 72,087,000 | $60.8M | Add +7.8% |
| GOPRO INC (GPRO 1.25 11/15/25) | NOTE 1.250%11/1 · principal | 42,888,000 | $38.4M | No change |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 42,470,000 | $38.0M | Reduce -64.0% |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | 36,500,000 | $34.5M | Add +97.3% |
| WISDOMTREE INC (WT 5.75 08/15/28) | NOTE 5.750% 8/1 · principal | 9,000,000 | $10.5M | No change |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 9,500,000 | $8.1M | New |
| COMMERCE.COM INC (CMRC 0.25 10/01/26) | NOTE 0.250%10/0 · principal | 2,177,000 | $2.0M | Reduce -61.7% |
Total filed on the 13F, all lines: $1.0B.
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| TDC Teradata Corp. | Add +37.6% | 36.55% | +2.74 |
| YEXT Yext Inc. | Add +9.5% | 12.42% | +1.66 |
| CMRC Commerce.com Inc. | Add +17.1% | 6.04% | +1.01 |
| MRAM Everspin Technologies Inc. | Add +132.0% | 1.40% | +0.70 |
| TTGT Techtarget Inc. | Add +50.7% | 2.73% | +0.50 |
| GPRO Gopro Inc. Class A | New | 0.15% | +0.15 |
| VMEO Vimeo Inc. | Add +8.9% | 13.82% | −0.36 |
| ONTF ON24 Inc. | Add +4.5% | 6.88% | −0.63 |
Notes & Other Activity Q4 2024 → Q1 2025
| TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) | NOTE 12/1 · principal | Sold out | 157,885,000 | $157.7Mbefore exit |
| PEGASYSTEMS INC (PEGA 0.75 03/01/25) | NOTE 0.750% 3/0 · principal | Sold out | 104,099,000 | $103.5Mbefore exit |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | Add +7.8% | 72,087,000 | $60.8M |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | Sold out | 46,068,000 | $42.2Mbefore exit |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | Reduce -64.0% | 42,470,000 | $38.0M |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | Add +97.3% | 36,500,000 | $34.5M |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | New | 9,500,000 | $8.1M |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | Sold out | 4,599,000 | $4.3Mbefore exit |
| COMMERCE.COM INC (CMRC 0.25 10/01/26) | NOTE 0.250%10/0 · principal | Reduce -61.7% | 2,177,000 | $2.0M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 20 | $629.5M | TDC, YEXT, ALLT, PEGA, RDCM |
| Q1 2026 | 20 | $585.4M | TDC, YEXT, ONTF, ALLT, RDCM |
| Q4 2025Amended | 19 | $730.4M | TDC, YEXT, ALLT, ONTF, CMRC |
| Q3 2025 | 19 | $755.7M | TDC, VMEO, ALLT, YEXT, ONTF |
| Q2 2025 | 18 | $646.6M | TDC, YEXT, ALLT, VMEO, ONTF |
| Q1 2025 | 17 | $579.1M | TDC, VMEO, YEXT, ALLT, ONTF |
| Q4 2024 | 19 | $630.5M | TDC, VMEO, YEXT, ALLT, ONTF |
| Q3 2024 | 16 | $505.0M | TDC, VMEO, YEXT, ONTF, ALLT |
| Q2 2024 | 15 | $473.1M | TDC, VMEO, YEXT, ONTF, RDCM |
| Q1 2024 | 14 | $451.8M | TDC, ONTF, YEXT, VMEO, RDCM |