Vector Capital Management, L.P.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Vector Capital Management, L.P. reported 3 stock positions worth $29.3 million. Its top holding was Cpi Card (PMTS) at 35.8% of the portfolio, followed by Cambium Networks (CMBMF, 34.5%) and Liveperson (29.7%). Compared with Q4 2024, it reduced 1. The biggest sale was Cpi Card (PMTS, shares −0%).

Most Recent 13F
Q3 2025
Location
SAN FRANCISCO, CA
CIK
0001857418
Portfolio Value
$29.3M (Q1 2025)
SEC Filing
0000905148-25-001747 ↗ filed May 15, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $114.7M Q1 2024 Q2 2024: $99.3M Q2 2024 Q3 2024: $47.4M Q3 2024 Q4 2024: $36.6M Q4 2024 Q1 2025: $29.3M $29.3M Q1 2025 Q2 2025: $26.0M Q2 2025 Q3 2025: $24.4M Q3 2025

Holdings 3 stocks · $29.3M

PMTS Cpi Card Group Inc. 35.78% 359,414 $10.5M Reduce -0.3%
CMBMF Cambium Networks Corp. 34.49% 14,325,696 $10.1M No change
LIVEPERSON INC 29.73% 10,899,456 $8.7M No change

Portfolio Sells Q4 2024 → Q1 2025

PMTS Cpi Card Group Inc. Reduce -0.3% 35.78% +6.33

Portfolio Buys Q4 2024 → Q1 2025

None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 3$24.4MCMBMF, PMTS, LIVEPERSON INC
Q2 2025 3$26.0MLIVEPERSON INC, PMTS, CMBMF
Q1 2025 3$29.3MPMTS, CMBMF, LIVEPERSON INC
Q4 2024 3$36.6MLIVEPERSON INC, PMTS, CMBMF
Q3 2024 3$47.4MCMBMF, LIVEPERSON INC, PMTS
Q2 2024 4$99.3MRKLB, CMBMF, PMTS, LIVEPERSON INC
Q1 2024 4$114.7MCMBMF, RKLB, LIVEPERSON INC, PMTS