Tremblant Capital Group

Quarters on file

Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.

• Q2 202610 names$651M−$154M
• Q1 202611 names$664M−$178M
• Q4 202517 names$1.1B+$1.0B
• Q3 202510 names$279M−$10.5M
• Q2 202512 names$298M+$54.8M
• Q1 202510 names$205M−$23.0M
• Q4 20249 names$247M+$57.0M
• Q3 20247 names · $5.4M in calls, not in the total$205M−$25.7M
• Q2 20246 names · $6.5M in calls, not in the total$221M+$14.4M
• Q1 20246 names · $4.7M in calls, not in the total$205M−$55.3M
• Q4 20237 names$254M−$32.7M
• Q3 20238 names · $22.4M in calls, not in the total$246M−$30.5M
• Q2 20237 names · $22.3M in calls, not in the total$271M−$11.5M
• Q1 20237 names$236M−$153M
• Q4 20227 names · $9.6M in calls, not in the total$364M−$98.8M
• Q3 20227 names · $18.3M in calls, not in the total$487M+$183M
• Q2 20227 names$457M+$80.3M
• Q1 20227 names · $25.7M in calls, not in the total$601M+$242M
• Q4 20215 names$474M+$74.8M
• Q3 20215 names · $52.1M in calls, not in the total$444M+$66.3M
• Q2 20214 names · $35.4M in calls, not in the total$387M+$23.8M
• Q1 20215 names · $38.2M in calls, not in the total$343M+$151M
• Q4 20204 names · $45.9M in calls, not in the total$375M−$42.5M
• Q3 20204 names · $28.8M in calls, not in the total$305M−$14.6M
• Q2 20204 names · $58.1M in calls, not in the total$301M−$3.0M
• Q1 20203 names · $38.4M in calls, not in the total$213M−$22.0M
• Q4 20194 names$312M−$7.8M
• Q3 20195 names$280M+$87.1M
• Q2 20195 names · $62.9M in calls, not in the total$196M−$27.9M
• Q1 20196 names · $7.9M in calls, not in the total$233M−$30.9M
• Q4 20185 names$207M+$98.4M
• Q3 20183 names$150M−$5.2M
• Q2 20183 names$142M−$39.7M
• Q1 20183 names$167M−$24.6M
• Q4 20173 names · $48.8M in calls, not in the total$159M−$28.3M
• Q3 20173 names · $19.8M in calls, not in the total$180M+$56.8M
• Q2 20172 names$108M+$45.8M
• Q1 20171 name$44.8M−$7.8M
• Q4 20161 name · $27.9M in calls, not in the total$57.5M−$6.1M
• Q3 20161 name$79.3M+$20.7M
• Q2 20161 name$40.4M—

What moved the book

The five software lines with the largest share change this quarter.

• VaronisVRNS+$176M$115M
• CoStarCSGP+$119M$110M
• Q2QTWO+$105M$131M
• monday.comMNDY+$92.8M$96.6M
• nCinoNCNO+$77.9M$90.6M

Software held

• Q2QTWO1,813,697 shares · 11.8% of their software$131M+$105M
• VaronisVRNS3,509,649 shares · 10.4% of their software · price −$86.6M$115M+$176M
• Grab Holdings LimitedGRAB22,140,776 shares · 10.0% of their software · price −$22.8M$110M+$75.7M
• CoStarCSGP1,635,964 shares · 10.0% of their software · price −$28.0M$110M+$119M
• monday.comMNDY654,848 shares · 8.7% of their software · price −$30.2M$96.6M+$92.8M
• nCinoNCNO3,533,706 shares · 8.2% of their software · price −$5.2M$90.6M+$77.9M
• Uber Technologies, Inc.UBER1,061,953 shares · 7.9% of their software · price −$17.3M$86.8M+$67.1M
• Global-EGLBE1,678,500 shares · 6.0% of their software · price +$6.0M$66.0M+$41.2M
• Corpay, Inc.CPAY182,060 shares · 5.0% of their software · price +$2.3M$54.8MNew · +$52.4M
• VeevaVEEV192,390 shares · 3.9% of their software · price −$14.4M$42.9MNew · +$57.3M
• MongoDBMDB96,809 shares · 3.7% of their software · price +$10.6M$40.6MNew · +$30.0M
• CloudflareNET187,125 shares · 3.3% of their software · price −$3.3M$36.9MNew · +$40.2M
• PAR Technology CorporationPAR1,001,365 shares · 3.3% of their software · price −$3.3M$36.3MNew · +$39.6M
• ProcorePCOR401,617 shares · 2.6% of their software$29.2MNew · +$29.3M
• OktaOKTA309,133 shares · 2.4% of their software · price −$1.6M$26.7MNew · +$28.3M
• ShopifySHOP161,292 shares · 2.3% of their software · price +$2.0M$26.0M−$3.1M
• Palo Alto NetworksPANW26,508 shares · 0.4% of their software · price −$515K$4.9MNew · +$5.4M