RGM Capital, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), RGM Capital, LLC reported 19 stock positions worth $2.5 billion. Its top holding was Nice Ltd. - Spon ADR (NICE) at 9.8% of the portfolio, followed by Cyberark Software Ltd./Israel (CYBR, 8.5%) and Guidewire Software (GWRE, 7.1%). Compared with Q4 2023, it added to 8 and reduced 8. The biggest buy was Envestnet (ENV, shares +15%) and the biggest sale ServiceNow (NOW, shares −26%).
- Most Recent 13F
- Q1 2026
- Location
- NAPLES, FL
- CIK
- 0001323953
- Portfolio Value
- $2.5B (Q1 2024)
- SEC Filing
- 0001323953-24-000009 ↗ filed May 14, 2024
Holdings Value
Holdings 19 stocks · $2.5B
| NICE Nice Ltd. - Spon ADR | 9.82% | 934,476 | $243.5M | Reduce -0.5% |
| CYBR Cyberark Software Ltd./Israel | 8.54% | 797,599 | $211.9M | Reduce -21.0% |
| GWRE Guidewire Software Inc. | 7.06% | 1,499,910 | $175.1M | Reduce -17.7% |
| TYL Tyler Technologies Inc. | 6.90% | 402,516 | $171.1M | Add +1.3% |
| DT Dynatrace Inc. | 6.79% | 3,623,775 | $168.3M | Add +6.1% |
| TENB Tenable Holdings Inc. | 6.75% | 3,386,109 | $167.4M | Reduce -11.8% |
| CSGP Costar Group Inc. | 6.23% | 1,598,078 | $154.4M | Add +0.3% |
| BOX Box Inc. Class A | 6.03% | 5,281,907 | $149.6M | Reduce -8.8% |
| MANH Manhattan Associates Inc. | 5.65% | 560,037 | $140.1M | Reduce -14.7% |
| NOW ServiceNow Inc. | 4.32% | 140,494 | $107.1M | Reduce -25.9% |
| VRNT Verint Systems Inc. | 4.23% | 3,167,336 | $105.0M | No change |
| PRO Pros Holdings Inc. | 4.12% | 2,812,376 | $102.2M | Add +1.1% |
| PD Pagerduty Inc. | 3.99% | 4,360,693 | $98.9M | Reduce -0.8% |
| RVTY Revvity Inc. | 3.77% | 890,864 | $93.5M | Add +21.4% |
| VRNS Varonis Systems Inc. | 3.46% | 1,821,172 | $85.9M | Add +2.5% |
| ENTG Entegris Inc. | 3.43% | 605,184 | $85.1M | No change |
| SMAR Smartsheet Inc. Class A | 3.21% | 2,066,946 | $79.6M | Add +19.2% |
| ENV Envestnet Inc. | 3.14% | 1,343,546 | $77.8M | Add +14.8% |
| AVNS Avanos Medical Inc. | 2.55% | 3,171,455 | $63.1M | No change |
Portfolio Sells Q4 2023 → Q1 2024
| NOW ServiceNow Inc. | Reduce -25.9% | 4.32% | −1.17 |
| GWRE Guidewire Software Inc. | Reduce -17.7% | 7.06% | −1.08 |
| CYBR Cyberark Software Ltd./Israel | Reduce -21.0% | 8.54% | −0.52 |
| TENB Tenable Holdings Inc. | Reduce -11.8% | 6.75% | −0.49 |
| PD Pagerduty Inc. | Reduce -0.8% | 3.99% | −0.18 |
| MANH Manhattan Associates Inc. | Reduce -14.7% | 5.65% | −0.14 |
| BOX Box Inc. Class A | Reduce -8.8% | 6.03% | −0.05 |
| NICE Nice Ltd. - Spon ADR | Reduce -0.5% | 9.82% | +2.14 |
Portfolio Buys Q4 2023 → Q1 2024
| ENV Envestnet Inc. | Add +14.8% | 3.14% | +0.76 |
| CSGP Costar Group Inc. | Add +0.3% | 6.23% | +0.52 |
| RVTY Revvity Inc. | Add +21.4% | 3.77% | +0.48 |
| VRNS Varonis Systems Inc. | Add +2.5% | 3.46% | +0.17 |
| TYL Tyler Technologies Inc. | Add +1.3% | 6.90% | +0.09 |
| SMAR Smartsheet Inc. Class A | Add +19.2% | 3.21% | −0.19 |
| PRO Pros Holdings Inc. | Add +1.1% | 4.12% | −0.30 |
| DT Dynatrace Inc. | Add +6.1% | 6.79% | −0.87 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2026 | 0 | $0 | |
| Q4 2025 | 17 | $2.1B | DT, NOW, RVTY, PCOR, TYL |
| Q3 2025 | 19 | $2.4B | DT, CSGP, VRNS, TYL, PCOR |
| Q2 2025 | 20 | $2.5B | DT, CYBR, TYL, CSGP, RVTY |
| Q1 2025 | 20 | $2.4B | DT, CYBR, TYL, CSGP, GWRE |
| Q4 2024 | 20 | $2.4B | DT, CYBR, TYL, GWRE, CSGP |
| Q3 2024 | 19 | $2.3B | DT, CYBR, TYL, GWRE, NICE |
| Q2 2024 | 20 | $2.5B | CYBR, GWRE, TYL, NICE, DT |
| Q1 2024 | 19 | $2.5B | NICE, CYBR, GWRE, TYL, DT |