Spyglass Capital Management LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Spyglass Capital Management LLC reported 25 stock positions worth $1.8 billion. Its top holding was Affirm (AFRM) at 6.8% of the portfolio, followed by Credo Technology Group Holdi (CRDO, 5.9%) and Samsara Class A (IOT, 5.4%). Compared with Q1 2026, it opened 3 new positions, sold out of 3, added to 14 and reduced 8. The biggest buy was a new position in Qxo (QXO) and the biggest sale an exit from Kinsale Capital (KNSL).
- Most Recent 13F
- Q2 2026
- Location
- Greenbrae, CA
- CIK
- 0001654344
- Portfolio Value
- $1.8B (Q2 2026)
- SEC Filing
- 0001172661-26-003494 ↗ filed Aug 14, 2026
Holdings Value
Holdings 25 stocks · $1.8B
| AFRM Affirm Holdings Inc. | 6.79% | 1,537,840 | $125.4M | Reduce -7.5% |
| CRDO Credo Technology Group Holdi | 5.91% | 401,503 | $109.2M | Reduce -32.2% |
| IOT Samsara Inc. Class A | 5.42% | 3,085,655 | $100.1M | Add +4.7% |
| AAON Aaon Inc. | 5.33% | 776,629 | $98.5M | Reduce -9.6% |
| APP AppLovin Corp. Class A | 5.33% | 191,028 | $98.4M | Add +14.7% |
| FICO Fair Isaac Corp. | 4.85% | 74,948 | $89.5M | Add +33.0% |
| FOUR SHIFT4 Payments Inc. Class A | 4.83% | 1,833,803 | $89.2M | Add +4.7% |
| SNOW Snowflake Inc. | 4.55% | 330,011 | $84.0M | Reduce -6.3% |
| ILMN Illumina Inc. | 4.37% | 458,767 | $80.7M | Add +41.1% |
| CSGP Costar Group Inc. | 4.13% | 2,694,697 | $76.3M | Add +142.5% |
| MDB Mongodb Inc. | 4.06% | 223,226 | $75.0M | Reduce -11.8% |
| DASH DoorDash Inc. Class A | 3.98% | 398,484 | $73.5M | Add +33.6% |
| CHYM Chime Financial Inc. Class A | 3.78% | 3,406,249 | $69.8M | Add +162.6% |
| GLBE Global-E Online Ltd. | 3.68% | 1,958,379 | $68.0M | Add +1.1% |
| HUBS HubSpot Inc. | 3.67% | 371,365 | $67.8M | Add +18.3% |
| CVNA Carvana Co. | 3.54% | 992,632 | $65.3M | Add +18.6% |
| MEDP Medpace Holdings Inc. | 3.45% | 120,365 | $63.7M | Add +115.9% |
| QXO Qxo Inc. | 3.41% | 3,643,593 | $63.0M | New |
| CDNS Cadence Design SYS Inc. | 3.20% | 157,335 | $59.1M | Reduce -32.6% |
| ASND Ascendis Pharma A/S | 3.11% | 215,398 | $57.5M | Reduce -41.5% |
| MKSI MKS Inc. | 2.85% | 118,526 | $52.7M | New |
| LOAR Loar Holdings Inc. | 2.67% | 611,657 | $49.3M | Add +4.7% |
| APG Api Group Corp. | 2.67% | 1,162,808 | $49.2M | Reduce -8.5% |
| PCOR Procore Technologies Inc. | 2.32% | 1,052,908 | $42.8M | Add +4.7% |
| FPS Forgent Power Solutions Class A | 2.13% | 705,361 | $39.4M | New |
Portfolio Sells Q1 2026 → Q2 2026
| KNSL Kinsale Capital Group Inc. | Sold out | 0.00% | −3.31 |
| NCNO Ncino Inc. | Sold out | 0.00% | −3.27 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −3.12 |
| ASND Ascendis Pharma A/S | Reduce -41.5% | 3.11% | −2.85 |
| CDNS Cadence Design SYS Inc. | Reduce -32.6% | 3.20% | −1.39 |
| APG Api Group Corp. | Reduce -8.5% | 2.67% | −0.98 |
| MDB Mongodb Inc. | Reduce -11.8% | 4.06% | −0.33 |
| AAON Aaon Inc. | Reduce -9.6% | 5.33% | +0.30 |
| SNOW Snowflake Inc. | Reduce -6.3% | 4.55% | +0.79 |
| AFRM Affirm Holdings Inc. | Reduce -7.5% | 6.79% | +1.40 |
| CRDO Credo Technology Group Holdi | Reduce -32.2% | 5.91% | +1.98 |
Portfolio Buys Q1 2026 → Q2 2026
| QXO Qxo Inc. | New | 3.41% | +3.41 |
| MKSI MKS Inc. | New | 2.85% | +2.85 |
| FPS Forgent Power Solutions Class A | New | 2.13% | +2.13 |
| CHYM Chime Financial Inc. Class A | Add +162.6% | 3.78% | +2.06 |
| MEDP Medpace Holdings Inc. | Add +115.9% | 3.45% | +1.56 |
| ILMN Illumina Inc. | Add +41.1% | 4.37% | +1.53 |
| CSGP Costar Group Inc. | Add +142.5% | 4.13% | +0.96 |
| DASH DoorDash Inc. Class A | Add +33.6% | 3.98% | +0.81 |
| APP AppLovin Corp. Class A | Add +14.7% | 5.33% | +0.63 |
| FICO Fair Isaac Corp. | Add +33.0% | 4.85% | +0.59 |
| LOAR Loar Holdings Inc. | Add +4.7% | 2.67% | +0.30 |
| CVNA Carvana Co. | Add +18.6% | 3.54% | −0.19 |
| GLBE Global-E Online Ltd. | Add +1.1% | 3.68% | −0.55 |
| FOUR SHIFT4 Payments Inc. Class A | Add +4.7% | 4.83% | −0.59 |
| IOT Samsara Inc. Class A | Add +4.7% | 5.42% | −1.19 |
| PCOR Procore Technologies Inc. | Add +4.7% | 2.32% | −1.74 |
| HUBS HubSpot Inc. | Add +18.3% | 3.67% | −1.76 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 25 | $1.8B | AFRM, CRDO, IOT, AAON, APP |
| Q1 2026Amended | 25 | $1.4B | IOT, ASND, HUBS, FOUR, AFRM |
| Q4 2025 | 25 | $2.0B | MDB, AFRM, FOUR, HUBS, CSGP |
| Q3 2025 | 25 | $1.9B | APP, EXAS, MDB, HUBS, AAON |
| Q2 2025 | 25 | $1.7B | AFRM, SNOW, FOUR, APP, APG |
| Q1 2025 | 25 | $1.5B | AFRM, SG, FOUR, SNOW, APP |
| Q4 2024 | 25 | $1.8B | AFRM, APP, FOUR, DASH, SNOW |
| Q3 2024 | 25 | $1.5B | APP, ASND, AFRM, EXAS, DASH |
| Q2 2024 | 25 | $1.4B | ASND, FOUR, APP, SG, APG |
| Q1 2024 | 25 | $1.5B | APP, ASND, WSC, CSGP, EXAS |