Long Path Partners

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 20268 names$179M−$6.0M
• Q1 20267 names$177M−$22.6M
• Q4 20256 names$275M+$20.7M
• Q3 20256 names$276M−$827K
• Q2 20256 names$295M+$54.3M
• Q1 20257 names$232M−$5.2M
• Q4 20248 names$281M−$12.5M
• Q3 20247 names$269M+$37.4M
• Q2 20247 names$220M+$95.9M
• Q1 20246 names$159M+$21.6M
• Q4 20235 names$126M−$8.2M
• Q3 20234 names$110M−$15.7M
• Q2 202311 names$122M−$26.0M
• Q1 20239 names$133M+$4.1M
• Q4 20226 names$113M+$19.4M
• Q3 20224 names$93.0M+$22.2M
• Q2 20222 names$70.4M—

What moved the book

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

• nCinoNCNO+$35.6M$118M
• AlkamiALKT−$14.0M$6.6M
• i3 Verticals, Inc.IIIV+$7.8M$19.9M
• SalesforceCRM+$6.2M$27.6M
• DoceboDCBO+$1.7M$32.3M

Software held

• nCinoNCNO3,721,406 shares · 43.8% of their software · price +$521K$118M+$35.6M
• Corpay, Inc.CPAY135,972 shares · 15.8% of their software · price +$6.3M$42.5M−$1.2M
• DoceboDCBO731,299 shares · 12.0% of their software · price +$4.1M$32.3M+$1.7M
• SalesforceCRM100,827 shares · 10.3% of their software · price +$1.7M$27.6M+$6.2M
• ProcorePCOR358,050 shares · 8.2% of their software · price −$1.6M$22.1M+$1.3M
• i3 Verticals, Inc.IIIV933,098 shares · 7.4% of their software · price −$718K$19.9M+$7.8M
• AlkamiALKT210,748 shares · 2.5% of their software · price +$645K$6.6M−$14.0M