Owls Nest Partners IA, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Owls Nest Partners IA, LLC reported 18 stock positions worth $422.3 million. Its top holding was Bancorp (TBBK) at 17.1% of the portfolio, followed by Ensign (ENSG, 14.8%) and Goosehead Insurance Class A (GSHD, 12.3%). Compared with Q1 2025, it opened 5 new positions, sold out of 2, added to 3 and reduced 7. The biggest buy was a new position in Ncino (NCNO) and the biggest sale Hunt (jb) Transprt SVCS (JBHT, shares −49%).
- Most Recent 13F
- Q2 2026
- Location
- CHADDS FORD, PA
- CIK
- 0001845806
- Portfolio Value
- $422.3M (Q2 2025)
- SEC Filing
- 0001398344-25-015495 ↗ filed Aug 14, 2025
Holdings Value
Holdings 18 stocks · $422.3M
| TBBK The Bancorp Inc. | 17.07% | 1,265,404 | $72.1M | Add +6.4% |
| ENSG The Ensign Group Inc. | 14.78% | 404,635 | $62.4M | Reduce -4.9% |
| GSHD Goosehead Insurance Inc. Class A | 12.32% | 492,911 | $52.0M | Add +1.7% |
| PCTY Paylocity Holding Corp. | 11.16% | 259,994 | $47.1M | Reduce -1.7% |
| EPAM Epam Systems Inc. | 9.44% | 225,517 | $39.9M | Reduce -22.8% |
| TGLS Tecnoglass Holdings Inc. | 9.40% | 513,231 | $39.7M | Reduce -16.7% |
| WMS Advanced Drainage Systems Inc. | 9.19% | 338,048 | $38.8M | Reduce -8.4% |
| NCNO Ncino Inc. | 7.92% | 1,195,635 | $33.4M | New |
| JBHT Hunt (jb) Transprt SVCS Inc. | 4.25% | 124,924 | $17.9M | Reduce -49.4% |
| RXO Rxo Inc. | 2.20% | 590,798 | $9.3M | New |
| ECVT Ecovyst Inc. | 1.02% | 521,571 | $4.3M | Add +97.8% |
| SKIN Skinhealth Systems Inc. filed as THE BEAUTY HEALTH COMPANY | 0.51% | 1,134,629 | $2.2M | No change |
| IBKR Interactive Brokers Gro Class A | 0.29% | 22,000 | $1.2M | No change |
| LULU Lululemon Athletica Inc. | 0.25% | 4,450 | $1.1M | New |
| PACS Pacs Group Inc. | 0.08% | 25,000 | $323K | New |
| PAL Proficient Auto Logistics Inc. | 0.06% | 37,377 | $271K | New |
| IIIN Insteel Industries Inc. | 0.05% | 5,172 | $192K | Reduce -92.1% |
| FND Floor & Decor Holdings Inc. Class A | 0.02% | 1,000 | $76K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -49.4% | 4.25% | −4.57 |
| XMTR Xometry Inc. Class A | Sold out | 0.00% | −3.13 |
| EPAM Epam Systems Inc. | Reduce -22.8% | 9.44% | −2.47 |
| TGLS Tecnoglass Holdings Inc. | Reduce -16.7% | 9.40% | −1.25 |
| PCTY Paylocity Holding Corp. | Reduce -1.7% | 11.16% | −0.82 |
| WMS Advanced Drainage Systems Inc. | Reduce -8.4% | 9.19% | −0.49 |
| IIIN Insteel Industries Inc. | Reduce -92.1% | 0.05% | −0.37 |
| AWI Armstrong World Industries | Sold out | 0.00% | −0.10 |
| ENSG The Ensign Group Inc. | Reduce -4.9% | 14.78% | +1.48 |
Portfolio Buys Q1 2025 → Q2 2025
| NCNO Ncino Inc. | New | 7.92% | +7.92 |
| RXO Rxo Inc. | New | 2.20% | +2.20 |
| TBBK The Bancorp Inc. | Add +6.4% | 17.07% | +1.88 |
| ECVT Ecovyst Inc. | Add +97.8% | 1.02% | +0.62 |
| LULU Lululemon Athletica Inc. | New | 0.25% | +0.25 |
| PACS Pacs Group Inc. | New | 0.08% | +0.08 |
| PAL Proficient Auto Logistics Inc. | New | 0.06% | +0.06 |
| GSHD Goosehead Insurance Inc. Class A | Add +1.7% | 12.32% | −1.51 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 17 | $308.2M | TBBK, TKR, WMS, TGLS, CRVL |
| Q1 2026 | 13 | $285.7M | TBBK, ENSG, TKR, WMS, TGLS |
| Q4 2025 | 13 | $361.2M | TBBK, ENSG, EPAM, CHYM, TGLS |
| Q3 2025 | 13 | $359.8M | TBBK, ENSG, TGLS, WMS, EPAM |
| Q2 2025 | 18 | $422.3M | TBBK, ENSG, GSHD, PCTY, EPAM |
| Q1 2025 | 15 | $413.9M | TBBK, GSHD, ENSG, PCTY, EPAM |
| Q4 2024 | 16 | $450.8M | EPAM, JBHT, TGLS, GSHD, PCTY |
| Q3 2024 | 16 | $391.9M | GSHD, ENSG, TGLS, EPAM, PCTY |
| Q2 2024 | 17 | $350.1M | PGNY, ENSG, EPAM, GSHD, TGLS |
| Q1 2024 | 15 | $377.6M | PGNY, ENSG, GSHD, TGLS, PCTY |