Nine Ten Capital Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Nine Ten Capital Management LLC reported 13 stock positions worth $328.4 million. Its top holding was Stonex (SNEX) at 15.9% of the portfolio, followed by Agilysys (AGYS, 12.8%) and Magnite (MGNI, 12.2%). Compared with Q4 2023, it opened 2 new positions, sold out of 2, added to 4 and reduced 7. The biggest buy was Xpel (XPEL, shares +58%) and the biggest sale an exit from Masimo (MASI).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001635236
- Portfolio Value
- $328.4M (Q1 2024)
- SEC Filing
- 0001420506-24-000899 ↗ filed May 15, 2024
Holdings Value
Holdings 13 stocks · $328.4M
| SNEX Stonex Group Inc. | 15.93% | 744,600 | $52.3M | Reduce -21.9% |
| AGYS Agilysys Inc. | 12.76% | 497,427 | $41.9M | Reduce -23.1% |
| MGNI Magnite Inc. | 12.16% | 3,714,398 | $39.9M | Reduce -10.1% |
| CLBT Cellebrite Di Ltd. | 11.71% | 3,471,198 | $38.5M | Reduce -6.3% |
| IRMD Iradimed Corp. | 10.84% | 809,366 | $35.6M | Add +1.3% |
| WINA Winmark Corp. | 8.22% | 74,632 | $27.0M | Reduce -8.8% |
| XPEL Xpel Inc. | 7.56% | 459,511 | $24.8M | Add +58.5% |
| FC Franklin Covey Co. | 5.98% | 500,390 | $19.6M | Add +4.4% |
| NVEE NV5 Global Inc. | 5.13% | 172,016 | $16.9M | Add +6.7% |
| OLO Olo Inc. Class A | 3.11% | 1,861,663 | $10.2M | Reduce -52.9% |
| SSTI Soundthinking Inc. | 3.10% | 641,932 | $10.2M | Reduce -31.0% |
| CCOI Cogent Communications Holdin | 1.86% | 93,612 | $6.1M | New |
| SPNS Sapiens International Corp. | 1.61% | 164,663 | $5.3M | New |
Portfolio Sells Q4 2023 → Q1 2024
| MASI Masimo Corp. | Sold out | 0.00% | −4.83 |
| SSTI Soundthinking Inc. | Reduce -31.0% | 3.10% | −2.87 |
| OLO Olo Inc. Class A | Reduce -52.9% | 3.11% | −2.57 |
| WOW Wideopenwest Inc. | Sold out | 0.00% | −2.42 |
| SNEX Stonex Group Inc. | Reduce -21.9% | 15.93% | −1.77 |
| AGYS Agilysys Inc. | Reduce -23.1% | 12.76% | −1.02 |
| WINA Winmark Corp. | Reduce -8.8% | 8.22% | −0.37 |
| MGNI Magnite Inc. | Reduce -10.1% | 12.16% | +2.45 |
| CLBT Cellebrite Di Ltd. | Reduce -6.3% | 11.71% | +3.64 |
Portfolio Buys Q4 2023 → Q1 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 8 | $321.3M | AGYS, MGNI, CLBT, GPGI, WINA |
| Q1 2026 | 8 | $314.8M | GPGI, CLBT, SNEX, AGYS, MGNI |
| Q4 2025 | 8 | $315.8M | MGNI, GPGI, CLBT, AGYS, IRMD |
| Q3 2025 | 9 | $388.0M | MGNI, IRMD, SPNS, CLBT, GPGI |
| Q2 2025 | 9 | $336.1M | MGNI, IRMD, AGYS, SNEX, CLBT |
| Q1 2025 | 11 | $267.9M | IRMD, SNEX, CLBT, MGNI, SPNS |
| Q4 2024 | 11 | $350.3M | CLBT, IRMD, MGNI, SNEX, WINA |
| Q3 2024 | 10 | $330.9M | CLBT, IRMD, SNEX, MGNI, SPNS |
| Q2 2024 | 10 | $259.8M | CLBT, IRMD, SNEX, AGYS, SPNS |
| Q1 2024 | 13 | $328.4M | SNEX, AGYS, MGNI, CLBT, IRMD |