Lynrock Lake LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Lynrock Lake LP reported 19 stock positions worth $730.4 million. Its top holding was Teradata (TDC) at 39.2% of the portfolio, followed by Yext (YEXT, 16.7%) and Allot (ALLT, 13.5%). Compared with Q3 2025, it opened 2 new positions, sold out of 2, added to 7 and reduced 5. The biggest buy was Yext (YEXT, shares +23%) and the biggest sale an exit from Vimeo (VMEO).
- Most Recent 13F
- Q2 2026
- Location
- RYE BROOK, NY
- CIK
- 0001734341
- Portfolio Value
- $730.4M (Q4 2025)
- SEC Filing
- 0001315863-26-000168 ↗ filed Feb 17, 2026
Holdings Value
Holdings 19 stocks · $730.4M
| TDC Teradata Corp. | 39.24% | 9,416,666 | $286.6M | No change |
| YEXT Yext Inc. | 16.70% | 15,132,384 | $122.0M | Add +23.3% |
| ALLT Allot Ltd. | 13.47% | 10,011,295 | $98.4M | No change |
| ONTF ON24 Inc. | 9.04% | 8,293,974 | $66.0M | No change |
| CMRC Commerce.com Inc. | 5.23% | 9,266,666 | $38.2M | Add +10.9% |
| RDCM Radcom Ltd. | 4.37% | 2,441,775 | $31.9M | Add +7.7% |
| TTGT Techtarget Inc. | 2.50% | 3,385,913 | $18.3M | Add +8.4% |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 2.43% | 1,366,666 | $17.8M | Add +33.0% |
| MRAM Everspin Technologies Inc. | 2.21% | 1,735,704 | $16.1M | Reduce -6.8% |
| AIOT Powerfleet Inc. | 1.39% | 1,908,455 | $10.2M | Reduce -42.4% |
| OSPN Onespan Inc. | 0.76% | 432,440 | $5.6M | Add +14.8% |
| PD Pagerduty Inc. | 0.69% | 386,704 | $5.1M | New |
| MITK Mitek Systems Inc. | 0.67% | 463,766 | $4.9M | Reduce -18.5% |
| OSS One Stop Systems Inc. | 0.65% | 665,918 | $4.8M | Reduce -53.9% |
| SVCO Silvaco Group Inc. | 0.26% | 472,764 | $1.9M | Add +132.3% |
| LTRX Lantronix Inc. | 0.21% | 266,666 | $1.6M | No change |
| GIWWU GIGCAPITAL8 Corp. | 0.07% | 50,000 | $509K | New |
| SQNS Sequans Communications-ADR | 0.06% | 93,707 | $421K | No change |
| XPER Xperi Inc. | 0.04% | 44,717 | $262K | Reduce -31.8% |
Other holdings (9): bonds, preferreds, convertibles and warrants · $786.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | 178,295,000 | $170.4M | Add +89.8% |
| COMMERCE.COM INC (CMRC 7.5 10/01/28) | DEBT 7.500%10/0 · principal | 150,000,000 | $150.0M | No change |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 132,022,000 | $125.1M | Add +2414.7% |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 113,819,000 | $102.7M | New |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 111,930,000 | $99.1M | Add +2.3% |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 82,024,000 | $75.0M | Add +397.1% |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | 39,842,000 | $39.4M | New |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | 24,500,000 | $22.8M | New |
| COMMERCE.COM INC (CMRC 0.25 10/01/26) | NOTE 0.250%10/0 · principal | 2,177,000 | $2.1M | No change |
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q3 2025 → Q4 2025
| VMEO Vimeo Inc. | Sold out | 0.00% | −15.88 |
| PRO Pros Holdings Inc. | Sold out | 0.00% | −1.85 |
| AIOT Powerfleet Inc. | Reduce -42.4% | 1.39% | −0.91 |
| OSS One Stop Systems Inc. | Reduce -53.9% | 0.65% | −0.37 |
| MRAM Everspin Technologies Inc. | Reduce -6.8% | 2.21% | −0.09 |
| MITK Mitek Systems Inc. | Reduce -18.5% | 0.67% | −0.07 |
| XPER Xperi Inc. | Reduce -31.8% | 0.04% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| YEXT Yext Inc. | Add +23.3% | 16.70% | +2.86 |
| JAMF Jamf Holding Corp. | Add +33.0% | 2.43% | +0.98 |
| PD Pagerduty Inc. | New | 0.69% | +0.69 |
| SVCO Silvaco Group Inc. | Add +132.3% | 0.26% | +0.12 |
| TTGT Techtarget Inc. | Add +8.4% | 2.50% | +0.10 |
| GIWWU GIGCAPITAL8 Corp. | New | 0.07% | +0.07 |
| RDCM Radcom Ltd. | Add +7.7% | 4.37% | +0.03 |
| OSPN Onespan Inc. | Add +14.8% | 0.76% | −0.03 |
| CMRC Commerce.com Inc. | Add +10.9% | 5.23% | −0.29 |
Notes & Other Activity Q3 2025 → Q4 2025
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | Add +89.8% | 178,295,000 | $170.4M |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | Add +2414.7% | 132,022,000 | $125.1M |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | New | 113,819,000 | $102.7M |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | Add +2.3% | 111,930,000 | $99.1M |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | Add +397.1% | 82,024,000 | $75.0M |
| PROS HOLDINGS INC (PRO 2.5 07/01/30) | DEBT 2.500% 7/0 · principal | Sold out | 41,502,000 | $53.7Mbefore exit |
| GOPRO INC (GPRO 1.25 11/15/25) | NOTE 1.250%11/1 · principal | Sold out | 42,888,000 | $42.6Mbefore exit |
| JAMF HOLDING CORP (JAMF 0.125 09/01/26) | NOTE 0.125% 9/0 · principal | New | 39,842,000 | $39.4M |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | New | 24,500,000 | $22.8M |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | Sold out | 20,000,000 | $19.6Mbefore exit |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | Sold out | 8,145,000 | $8.1Mbefore exit |
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 |