Lead Edge Capital Management

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 202611 names$548M+$118M
• Q1 202611 names$406M+$253M
• Q4 20258 names$390M−$2.4M
• Q3 20258 names$378M−$15.1M
• Q2 20259 names$361M−$10.4M
• Q1 20259 names$302M+$63.8M
• Q4 20248 names$271M−$42.9M
• Q3 20248 names$299M+$25.1M
• Q2 20247 names$241M+$17.0M
• Q1 20246 names$236M−$5.9M
• Q4 20235 names$230M+$73.0M
• Q3 20234 names$136M−$15.0M
• Q2 20235 names$212M−$54.4M
• Q1 20235 names$232M−$8.1M
• Q4 20225 names$197M+$62.8M
• Q3 20223 names$141M−$89.0M
• Q2 20224 names$224M+$53.0M
• Q1 20224 names$290M−$60.4M
• Q4 20212 names$457M+$743M
• Q3 20213 names$10.3M−$48.7M
• Q2 20211 name$59.0MFlat
• Q1 20211 name$51.9MFlat
• Q4 20201 name$43.2M−$56.2M
• Q3 20206 names$93.7M+$87.0M
• Q2 20201 name$8.8M−$58.8M
• Q1 20202 names$66.8M−$61.5M
• Q4 20192 names$134M+$141M
• Q3 20190 names$0—
• Q2 20190 names$0—
• Q1 20190 names$0—
• Q4 20180 names$0—

What moved the book

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

• ToastTOST−$41.3M$37.9M
• NCR Atleos CorporationNATL−$19.4M$17.7M
• Remitly Global, Inc.RELY+$9.7M$40.5M
• nCinoNCNO+$5.2M$27.9M
• AppianAPPN+$2.8M$50.4M

Software held

• YextYEXT12,792,078 shares · 30.0% of their software · price −$7.2M$81.4MFlat
• AppianAPPN1,528,085 shares · 18.6% of their software · price −$1.8M$50.4M+$2.8M
• Remitly Global, Inc.RELY1,794,100 shares · 15.0% of their software · price +$16.5M$40.5M+$9.7M
• ToastTOST1,038,900 shares · 14.0% of their software · price +$8.5M$37.9M−$41.3M
• nCinoNCNO831,672 shares · 10.3% of their software · price +$1.7M$27.9M+$5.2M
• NCR Atleos CorporationNATL521,681 shares · 6.5% of their software · price +$2.8M$17.7M−$19.4M
• StoneCo Ltd.STNE1,846,391 shares · 5.4% of their software · price −$6.1M$14.7MFlat
• Life360, Inc.LIF8,834 shares · 0.1% of their software$365KFlat