Lynrock Lake LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Lynrock Lake LP reported 18 stock positions worth $646.6 million. Its top holding was Teradata (TDC) at 32.5% of the portfolio, followed by Yext (YEXT, 15.8%) and Allot (ALLT, 13.2%). Compared with Q1 2025, it opened 2 new positions, sold out of 1, added to 9 and reduced 1. The biggest buy was Allot (ALLT, shares +14%) and the biggest sale an exit from Gopro Class A (GPRO).
- Most Recent 13F
- Q2 2026
- Location
- RYE BROOK, NY
- CIK
- 0001734341
- Portfolio Value
- $646.6M (Q2 2025)
- SEC Filing
- 0001085146-25-005260 ↗ filed Aug 14, 2025
Holdings Value
Holdings 18 stocks · $646.6M
| TDC Teradata Corp. | 32.49% | 9,416,666 | $210.1M | No change |
| YEXT Yext Inc. | 15.79% | 12,010,893 | $102.1M | Add +2.8% |
| ALLT Allot Ltd. | 13.25% | 10,018,661 | $85.7M | Add +14.3% |
| VMEO Vimeo Inc. | 9.67% | 15,482,666 | $62.5M | Add +1.8% |
| ONTF ON24 Inc. | 6.97% | 8,293,974 | $45.0M | Add +8.3% |
| CMRC Commerce.com Inc. filed as BIGCOMMERCE HLDGS INC | 6.17% | 7,977,487 | $39.9M | Add +31.3% |
| RDCM Radcom Ltd. | 4.76% | 2,266,666 | $30.8M | No change |
| TTGT Techtarget Inc. | 2.90% | 2,414,964 | $18.8M | Add +126.4% |
| AIOT Powerfleet Inc. | 2.36% | 3,535,208 | $15.2M | No change |
| MRAM Everspin Technologies Inc. | 1.81% | 1,861,248 | $11.7M | Add +17.3% |
| OSS One Stop Systems Inc. | 1.13% | 2,049,374 | $7.3M | Reduce -0.8% |
| SQNS Sequans Communications S A | 0.93% | 4,074,164 | $6.0M | Add +17.4% |
| MITK Mitek Systems Inc. | 0.87% | 568,877 | $5.6M | No change |
| OSPN Onespan Inc. | 0.44% | 169,409 | $2.8M | Add +1.4% |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 0.27% | 181,127 | $1.7M | New |
| SVCO Silvaco Group Inc. | 0.15% | 203,481 | $960K | No change |
| LTRX Lantronix Inc. | 0.03% | 66,666 | $191K | No change |
| PRO Pros Holdings Inc. | 0.02% | 9,993 | $156K | New |
Other holdings (12): bonds, preferreds, convertibles and warrants · $486.7M (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 | $143.6M | No change |
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | 89,095,000 | $99.8M | Reduce -24.9% |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 83,820,000 | $70.9M | Add +16.3% |
| PROS HOLDINGS INC (PRO 2.5 07/01/30) | DEBT 2.500% 7/0 · principal | 41,502,000 | $44.9M | New |
| GPRO Gopro Inc. Class A | CL A · principal | 42,888,000 | $39.4M | New |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 30,470,000 | $27.7M | Reduce -28.3% |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | 21,090,000 | $20.2M | New |
| WISDOMTREE INC (WT 5.75 08/15/28) | NOTE 5.750% 8/1 · principal | 9,000,000 | $12.3M | No change |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 12,000,000 | $11.5M | New |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | 8,145,000 | $7.7M | Reduce -77.7% |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 7,500,000 | $6.7M | New |
| COMMERCE.COM INC (CMRC 0.25 10/01/26) | NOTE 0.250%10/0 · principal | 2,177,000 | $2.0M | No change |
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| ALLT Allot Ltd. | Add +14.3% | 13.25% | +4.60 |
| YEXT Yext Inc. | Add +2.8% | 15.79% | +3.36 |
| MRAM Everspin Technologies Inc. | Add +17.3% | 1.81% | +0.41 |
| JAMF Jamf Holding Corp. | New | 0.27% | +0.27 |
| TTGT Techtarget Inc. | Add +126.4% | 2.90% | +0.17 |
| CMRC Commerce.com Inc. | Add +31.3% | 6.17% | +0.13 |
| ONTF ON24 Inc. | Add +8.3% | 6.97% | +0.09 |
| PRO Pros Holdings Inc. | New | 0.02% | +0.02 |
| OSPN Onespan Inc. | Add +1.4% | 0.44% | −0.00 |
| SQNS Sequans Communications S A | Add +17.4% | 0.93% | −0.33 |
| VMEO Vimeo Inc. | Add +1.8% | 9.67% | −4.15 |
Notes & Other Activity Q1 2025 → Q2 2025
| WISDOMTREE INVESTMENTS (WT 3.25 06/15/26) | NOTE 3.250% 6/1 · principal | Reduce -24.9% | 89,095,000 | $99.8M |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | Add +16.3% | 83,820,000 | $70.9M |
| PROS HOLDINGS INC (PRO 2.5 07/01/30) | DEBT 2.500% 7/0 · principal | New | 41,502,000 | $44.9M |
| GPRO Gopro Inc. Class A | CL A · principal | New | 42,888,000 | $39.4M |
| GOPRO INC (GPRO 1.25 11/15/25) | NOTE 1.250%11/1 · principal | Sold out | 42,888,000 | $38.4Mbefore exit |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | Reduce -28.3% | 30,470,000 | $27.7M |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | New | 21,090,000 | $20.2M |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | New | 12,000,000 | $11.5M |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | Sold out | 9,500,000 | $8.1Mbefore exit |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | Reduce -77.7% | 8,145,000 | $7.7M |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | New | 7,500,000 | $6.7M |
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 |