S Squared Technology, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), S Squared Technology, LLC reported 36 stock positions worth $263.0 million. Its top holding was Lattice Semiconductor (LSCC) at 9.7% of the portfolio, followed by Krystal Biotech (KRYS, 7.3%) and Symbotic (SYM, 7.2%). Compared with Q2 2025, it opened 6 new positions, sold out of 5, added to 11 and reduced 9. The biggest buy was Lattice Semiconductor (LSCC, shares +3%) and the biggest sale an exit from Ichor (ICHR).
- Most Recent 13F
- Q2 2026
- Location
- RYE, NY
- CIK
- 0001322924
- Portfolio Value
- $263.0M (Q3 2025)
- SEC Filing
- 0001322924-25-000013 ↗ filed Nov 14, 2025
Holdings Value
Holdings 36 stocks · $263.0M
| LSCC Lattice Semiconductor Corp. | 9.65% | 346,373 | $25.4M | Add +3.0% |
| KRYS Krystal Biotech Inc. | 7.33% | 109,215 | $19.3M | No change |
| SYM Symbotic Inc. | 7.17% | 350,000 | $18.9M | Reduce -27.1% |
| KTOS Kratos Defense & Security | 6.93% | 199,475 | $18.2M | Reduce -23.1% |
| PRLB Proto Labs Inc. | 5.92% | 311,103 | $15.6M | No change |
| OLED Universal Display Corp. | 5.68% | 104,000 | $14.9M | Add +9.5% |
| DAVE Dave Inc. | 5.10% | 67,351 | $13.4M | Add +9.8% |
| AMBA Ambarella Inc. | 4.82% | 153,551 | $12.7M | Add +29.5% |
| SLAB Silicon Laboratories Inc. | 4.74% | 95,000 | $12.5M | Add +11.8% |
| ALGM Allegro Microsystems Inc. | 4.41% | 397,451 | $11.6M | No change |
| IPGP Ipg Photonics Corp. | 3.58% | 118,916 | $9.4M | Add +61.0% |
| ARLO Arlo Technologies Inc. | 3.35% | 519,767 | $8.8M | No change |
| FIVN FIVE9 Inc. | 3.22% | 350,000 | $8.5M | Add +89.2% |
| SMWB Similarweb Ltd. | 2.43% | 686,672 | $6.4M | No change |
| MGNI Magnite Inc. | 2.22% | 267,862 | $5.8M | Reduce -12.6% |
| CMRC Commerce.com Inc. | 2.13% | 1,121,586 | $5.6M | Add +40.5% |
| GAIA Gaia Inc. | 1.63% | 723,305 | $4.3M | No change |
| THRY Thryv Holdings Inc. | 1.58% | 344,268 | $4.2M | Reduce -22.5% |
| CXM Sprinklr Inc. Class A | 1.53% | 521,039 | $4.0M | Reduce -8.8% |
| ASUR Asure Software Inc. | 1.45% | 465,229 | $3.8M | Reduce -20.1% |
| MRVL Marvell Technology Inc. | 1.45% | 45,357 | $3.8M | Reduce -49.8% |
| APPS Digital Turbine Inc. | 1.41% | 578,571 | $3.7M | No change |
| FTK Flotek Industries Inc. | 1.28% | 231,072 | $3.4M | Add +4.5% |
| DCGO Docgo Inc. | 1.25% | 2,425,798 | $3.3M | Reduce -15.7% |
| EGHT 8X8 Inc. | 1.14% | 1,419,042 | $3.0M | No change |
| SEMR Semrush Holdings Inc. Class A | 1.13% | 418,711 | $3.0M | New |
| MNTN MNTN Inc. Class A | 0.96% | 135,600 | $2.5M | New |
| POWI Power Integrations Inc. | 0.92% | 60,000 | $2.4M | New |
| GDYN Grid Dynamics Holdings Inc. | 0.89% | 304,238 | $2.3M | Add +120.7% |
| UDMY Udemy Inc. | 0.84% | 315,300 | $2.2M | New |
| PUBM Pubmatic Inc. Class A | 0.82% | 260,972 | $2.2M | New |
| CTLP Cantaloupe Inc. | 0.79% | 197,822 | $2.1M | No change |
| POWL Powell Industries Inc. | 0.70% | 6,000 | $1.8M | New |
| MX Magnachip Semiconductor Corp. | 0.61% | 510,514 | $1.6M | Reduce -16.4% |
| KLTR Kaltura Inc. | 0.52% | 943,174 | $1.4M | Add +5.6% |
| EVER Everquote Inc. Class A | 0.43% | 50,000 | $1.1M | No change |
Portfolio Sells Q2 2025 → Q3 2025
| ICHR Ichor Holdings Ltd. | Sold out | 0.00% | −1.89 |
| MRVL Marvell Technology Inc. | Reduce -49.8% | 1.45% | −1.50 |
| SITM Sitime Corp. | Sold out | 0.00% | −1.28 |
| PSIX Power Solutions Internationa | Sold out | 0.00% | −1.08 |
| ASUR Asure Software Inc. | Reduce -20.1% | 1.45% | −0.94 |
| MGNI Magnite Inc. | Reduce -12.6% | 2.22% | −0.90 |
| PRO Pros Holdings Inc. | Sold out | 0.00% | −0.73 |
| THRY Thryv Holdings Inc. | Reduce -22.5% | 1.58% | −0.70 |
| SYM Symbotic Inc. | Reduce -27.1% | 7.17% | −0.69 |
| DCGO Docgo Inc. | Reduce -15.7% | 1.25% | −0.65 |
| CXM Sprinklr Inc. Class A | Reduce -8.8% | 1.53% | −0.51 |
| MX Magnachip Semiconductor Corp. | Reduce -16.4% | 0.61% | −0.42 |
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −0.40 |
| KTOS Kratos Defense & Security | Reduce -23.1% | 6.93% | +1.85 |
Portfolio Buys Q2 2025 → Q3 2025
| LSCC Lattice Semiconductor Corp. | Add +3.0% | 9.65% | +2.71 |
| AMBA Ambarella Inc. | Add +29.5% | 4.82% | +1.52 |
| IPGP Ipg Photonics Corp. | Add +61.0% | 3.58% | +1.44 |
| FIVN FIVE9 Inc. | Add +89.2% | 3.22% | +1.16 |
| SEMR Semrush Holdings Inc. Class A | New | 1.13% | +1.13 |
| MNTN MNTN Inc. Class A | New | 0.96% | +0.96 |
| POWI Power Integrations Inc. | New | 0.92% | +0.92 |
| UDMY Udemy Inc. | New | 0.84% | +0.84 |
| PUBM Pubmatic Inc. Class A | New | 0.82% | +0.82 |
| POWL Powell Industries Inc. | New | 0.70% | +0.70 |
| CMRC Commerce.com Inc. | Add +40.5% | 2.13% | +0.45 |
| GDYN Grid Dynamics Holdings Inc. | Add +120.7% | 0.89% | +0.22 |
| FTK Flotek Industries Inc. | Add +4.5% | 1.28% | −0.09 |
| KLTR Kaltura Inc. | Add +5.6% | 0.52% | −0.24 |
| OLED Universal Display Corp. | Add +9.5% | 5.68% | −0.50 |
| SLAB Silicon Laboratories Inc. | Add +11.8% | 4.74% | −0.54 |
| DAVE Dave Inc. | Add +9.8% | 5.10% | −1.83 |
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 |