S Squared Technology, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 16, 2025), S Squared Technology, LLC reported 33 stock positions worth $195.4 million. Its top holding was Krystal Biotech (KRYS) at 9.0% of the portfolio, followed by Universal Display (OLED, 6.4%) and Kratos Defense & Security (KTOS, 5.7%). Compared with Q4 2024, it opened 4 new positions, sold out of 6, added to 14 and reduced 10. The biggest buy was Krystal Biotech (KRYS, shares +2%) and the biggest sale an exit from Avepoint (AVPT).
- Most Recent 13F
- Q2 2026
- Location
- RYE, NY
- CIK
- 0001322924
- Portfolio Value
- $195.4M (Q1 2025)
- SEC Filing
- 0001322924-25-000005 ↗ filed May 16, 2025
Holdings Value
Holdings 33 stocks · $195.4M
| KRYS Krystal Biotech Inc. | 8.97% | 97,215 | $17.5M | Add +2.1% |
| OLED Universal Display Corp. | 6.42% | 90,000 | $12.6M | Reduce -11.8% |
| KTOS Kratos Defense & Security | 5.69% | 374,475 | $11.1M | Reduce -31.2% |
| LSCC Lattice Semiconductor Corp. | 5.51% | 205,373 | $10.8M | Add +17.1% |
| PRLB Proto Labs Inc. | 5.50% | 307,003 | $10.8M | No change |
| MRVL Marvell Technology Inc. | 5.37% | 170,357 | $10.5M | No change |
| ALGM Allegro Microsystems Inc. | 5.11% | 397,451 | $10.0M | Add +8.2% |
| SYM Symbotic Inc. | 4.96% | 480,000 | $9.7M | Add +6.7% |
| SLAB Silicon Laboratories Inc. | 4.84% | 84,000 | $9.5M | Add +13.5% |
| AMBA Ambarella Inc. | 4.39% | 170,551 | $8.6M | Add +35.8% |
| SMWB Similarweb Ltd. | 4.23% | 1,000,491 | $8.3M | Reduce -5.3% |
| DAVE Dave Inc. | 3.48% | 82,351 | $6.8M | Add +260.4% |
| ICHR Ichor Holdings Ltd. | 3.23% | 278,910 | $6.3M | Add +21.1% |
| ASUR Asure Software Inc. | 3.02% | 617,118 | $5.9M | Reduce -14.7% |
| DCGO Docgo Inc. | 2.55% | 1,890,976 | $5.0M | Add +36.8% |
| ARLO Arlo Technologies Inc. | 2.35% | 465,040 | $4.6M | New |
| IPGP Ipg Photonics Corp. | 2.22% | 68,866 | $4.3M | New |
| PSIX Power Solutions Internationa | 2.11% | 163,034 | $4.1M | Reduce -44.4% |
| MGNI Magnite Inc. | 2.05% | 351,621 | $4.0M | Reduce -37.4% |
| THRY Thryv Holdings Inc. | 1.94% | 295,593 | $3.8M | Add +2.6% |
| CXM Sprinklr Inc. Class A | 1.90% | 445,039 | $3.7M | Add +78.0% |
| CMRC Commerce.com Inc. filed as BIGCOMMERCE HLDGS INC | 1.82% | 618,662 | $3.6M | Add +1137.3% |
| SITM Sitime Corp. | 1.67% | 21,289 | $3.3M | Reduce -52.3% |
| EGHT 8X8 Inc. | 1.45% | 1,419,042 | $2.8M | No change |
| GAIA Gaia Inc. | 1.42% | 723,305 | $2.8M | Add +15.1% |
| PRO Pros Holdings Inc. | 1.32% | 135,252 | $2.6M | No change |
| MX Magnachip Semiconductor Corp. | 1.12% | 639,715 | $2.2M | Reduce -7.3% |
| FTK Flotek Industries Inc. | 1.11% | 260,477 | $2.2M | New |
| GDYN Grid Dynamics Holdings Inc. | 1.10% | 137,881 | $2.2M | Reduce -46.9% |
| APPS Digital Turbine Inc. | 1.01% | 730,326 | $2.0M | Add +241.2% |
| KLTR Kaltura Inc. | 0.86% | 893,174 | $1.7M | New |
| CTLP Cantaloupe Inc. | 0.80% | 197,822 | $1.6M | No change |
| MTSI Macom Technology Solutions H | 0.46% | 8,946 | $898K | Reduce -78.2% |
Portfolio Sells Q4 2024 → Q1 2025
| AVPT Avepoint Inc. | Sold out | 0.00% | −3.92 |
| SITM Sitime Corp. | Reduce -52.3% | 1.67% | −2.31 |
| SMWB Similarweb Ltd. | Reduce -5.3% | 4.23% | −1.98 |
| MTSI Macom Technology Solutions H | Reduce -78.2% | 0.46% | −1.75 |
| MGNI Magnite Inc. | Reduce -37.4% | 2.05% | −1.66 |
| PSIX Power Solutions Internationa | Reduce -44.4% | 2.11% | −1.51 |
| BCOV Brightcove | Sold out | 0.00% | −1.35 |
| GDYN Grid Dynamics Holdings Inc. | Reduce -46.9% | 1.10% | −1.30 |
| EVER Everquote Inc. Class A | Sold out | 0.00% | −1.24 |
| TEAD Teads Holding Co. | Sold out | 0.00% | −1.19 |
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −0.92 |
| GTM Zoominfo Technologies Inc. | Sold out | 0.00% | −0.55 |
| KTOS Kratos Defense & Security | Reduce -31.2% | 5.69% | −0.28 |
| MX Magnachip Semiconductor Corp. | Reduce -7.3% | 1.12% | −0.03 |
| ASUR Asure Software Inc. | Reduce -14.7% | 3.02% | +0.19 |
| OLED Universal Display Corp. | Reduce -11.8% | 6.42% | +0.23 |
Portfolio Buys Q4 2024 → Q1 2025
| KRYS Krystal Biotech Inc. | Add +2.1% | 8.97% | +2.77 |
| DAVE Dave Inc. | Add +260.4% | 3.48% | +2.66 |
| ARLO Arlo Technologies Inc. | New | 2.35% | +2.35 |
| IPGP Ipg Photonics Corp. | New | 2.22% | +2.22 |
| ALGM Allegro Microsystems Inc. | Add +8.2% | 5.11% | +1.77 |
| CMRC Commerce.com Inc. | Add +1137.3% | 1.82% | +1.70 |
| LSCC Lattice Semiconductor Corp. | Add +17.1% | 5.51% | +1.38 |
| FTK Flotek Industries Inc. | New | 1.11% | +1.11 |
| CXM Sprinklr Inc. Class A | Add +78.0% | 1.90% | +1.02 |
| SLAB Silicon Laboratories Inc. | Add +13.5% | 4.84% | +1.02 |
| APPS Digital Turbine Inc. | Add +241.2% | 1.01% | +0.86 |
| KLTR Kaltura Inc. | New | 0.86% | +0.86 |
| AMBA Ambarella Inc. | Add +35.8% | 4.39% | +0.60 |
| SYM Symbotic Inc. | Add +6.7% | 4.96% | +0.53 |
| GAIA Gaia Inc. | Add +15.1% | 1.42% | +0.25 |
| THRY Thryv Holdings Inc. | Add +2.6% | 1.94% | +0.17 |
| ICHR Ichor Holdings Ltd. | Add +21.1% | 3.23% | +0.14 |
| DCGO Docgo Inc. | Add +36.8% | 2.55% | +0.12 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 33 | $322.3M | LSCC, KRYS, PRLB, ALGM, SYM |
| Q1 2026Amended | 35 | $264.2M | LSCC, KRYS, SYM, IPGP, PRLB |
| Q4 2025 | 32 | $258.2M | LSCC, KRYS, SYM, PRLB, KTOS |
| Q3 2025 | 36 | $263.0M | LSCC, KRYS, SYM, KTOS, PRLB |
| Q2 2025 | 35 | $237.3M | SYM, LSCC, DAVE, KRYS, OLED |
| Q1 2025 | 33 | $195.4M | KRYS, OLED, KTOS, LSCC, PRLB |
| Q4 2024 | 35 | $240.7M | MRVL, SMWB, KRYS, OLED, KTOS |
| Q3 2024 | 33 | $234.4M | MRVL, OLED, SITM, KRYS, KTOS |
| Q2 2024 | 35 | $226.6M | MRVL, OLED, KRYS, SITM, SYM |
| Q1 2024 | 35 | $217.8M | MRVL, KRYS, SYM, OLED, MTSI |