Nine Ten Capital Management LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Nine Ten Capital Management LLC reported 10 stock positions worth $259.8 million. Its top holding was Cellebrite Di (CLBT) at 18.0% of the portfolio, followed by Iradimed (IRMD, 14.8%) and Stonex (SNEX, 12.8%). Compared with Q1 2024, it sold out of 3, added to 3 and reduced 7. The biggest buy was Sapiens International (SPNS, shares +345%) and the biggest sale Magnite (MGNI, shares −56%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001635236
- Portfolio Value
- $259.8M (Q2 2024)
- SEC Filing
- 0001420506-24-001445 ↗ filed Aug 14, 2024
Holdings Value
Holdings 10 stocks · $259.8M
| CLBT Cellebrite Di Ltd. | 18.05% | 3,923,712 | $46.9M | Add +13.0% |
| IRMD Iradimed Corp. | 14.85% | 877,802 | $38.6M | Add +8.5% |
| SNEX Stonex Group Inc. | 12.83% | 442,491 | $33.3M | Reduce -40.6% |
| AGYS Agilysys Inc. | 10.56% | 263,460 | $27.4M | Reduce -47.0% |
| SPNS Sapiens International Corp. | 9.56% | 732,227 | $24.8M | Add +344.7% |
| WINA Winmark Corp. | 9.30% | 68,500 | $24.2M | Reduce -8.2% |
| MGNI Magnite Inc. | 8.45% | 1,652,793 | $22.0M | Reduce -55.5% |
| FC Franklin Covey Co. | 6.34% | 433,166 | $16.5M | Reduce -13.4% |
| NVEE NV5 Global Inc. | 5.04% | 140,963 | $13.1M | Reduce -18.1% |
| XPEL Xpel Inc. | 5.03% | 367,416 | $13.1M | Reduce -20.0% |
Portfolio Sells Q1 2024 → Q2 2024
| MGNI Magnite Inc. | Reduce -55.5% | 8.45% | −3.71 |
| OLO Olo Inc. Class A | Sold out | 0.00% | −3.11 |
| SNEX Stonex Group Inc. | Reduce -40.6% | 12.83% | −3.11 |
| SSTI Soundthinking Inc. | Sold out | 0.00% | −3.10 |
| XPEL Xpel Inc. | Reduce -20.0% | 5.03% | −2.53 |
| AGYS Agilysys Inc. | Reduce -47.0% | 10.56% | −2.20 |
| CCOI Cogent Communications Holdin | Sold out | 0.00% | −1.86 |
| NVEE NV5 Global Inc. | Reduce -18.1% | 5.04% | −0.09 |
| FC Franklin Covey Co. | Reduce -13.4% | 6.34% | +0.35 |
| WINA Winmark Corp. | Reduce -8.2% | 9.30% | +1.08 |
Portfolio Buys Q1 2024 → Q2 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 |