AI Portfolio Summary
In 2025 Q4, HMI Capital Management, L.P. maintained a portfolio of 14 distinct positions. The most significant new addition to the portfolio was AMAZON COM INC, which now represents 9.60% of the total fund value. They heavily accumulated shares in CLEARWATER ANALYTICS, increasing their position by 18.2%. Conversely, HMI Capital Management, L.P. completely exited their position in FLUTTER ENTMT PLC.
Total Positions
14
Quarter
2025 Q4
Top Holding
NCNO (14.3%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-14 of 14
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NCNO
NCINO INC
|
Technology | 14.26% | 10.61% |
#1
3
Prev: #4
|
5.7 | no change | no change |
P
S
|
6,775,973 | $173,735,948 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GTLB
GITLAB INC
|
Technology | 13.21% | 16.83% |
#2
1
Prev: #1
|
5.4 | -2,177,369 | -33.7% |
P
S
|
4,289,081 | $160,969,210 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CPNG
COUPANG INC
|
Consumer Cyclical | 13.08% | 15.85% |
#3
1
Prev: #2
|
5.3 | -1,771,400 | -20.8% |
P
S
|
6,756,100 | $159,376,399 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CWAN
CLEARWATER ANAL...
|
Technology | 12.55% | 5.58% |
#4
5
Prev: #9
|
7.1 | 978,300 | 18.2% |
P
S
|
6,339,500 | $152,908,740 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TOST
TOAST INC
|
Technology | 12.54% | 7.05% |
#5
1
Prev: #6
|
7.1 | 961,100 | 28.8% |
P
S
|
4,303,483 | $152,816,681 | 2021 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
KLARNA GROUP PL...
|
—
|
Unknown | 10.57% | 9.42% |
#6
1
Prev: #5
|
4.2 | no change | no change |
P
S
|
4,452,097 | $128,710,124 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
AMZN
AMAZON COM INC
|
Consumer Cyclical | 9.60% | — |
#7
Prev: #—
|
5.8 | 506,500 | no change |
NEW
|
506,500 | $116,910,330 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FICO
FAIR ISAAC CORP
|
Technology | 6.53% | — |
#8
Prev: #—
|
4.6 | 47,050 | no change |
NEW
|
47,050 | $79,543,671 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TW
TRADEWEB MKTS I...
|
Financial Services | 4.70% | 2.81% |
#9
2
Prev: #11
|
3.9 | 93,500 | 21.3% |
P
S
|
532,000 | $57,211,280 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OWL
BLUE OWL CAPITA...
|
Financial Services | 2.96% | 5.58% |
#10
Prev: #10
|
1.4 | -3,292,023 | -57.7% |
P
S
|
2,412,457 | $36,042,108 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FLUT
FLUTTER ENTMT P...
|
Consumer Cyclical | 0.00% | 12.28% |
Sold All 😨
(Was: #3) |
0.3 | -837,409 | -100.0% |
CLOSED
|
— | $— | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NICE
NICE LTD
|
Technology | 0.00% | 6.44% |
Sold All 😨
(Was: #7) |
0.3 | -770,390 | -100.0% |
CLOSED
|
— | $— | 2012 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WDAY
WORKDAY INC
|
Technology | 0.00% | 6.08% |
Sold All 😨
(Was: #8) |
0.3 | -437,100 | -100.0% |
CLOSED
|
— | $— | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CHYM
CHIME FINL INC
|
Technology | 0.00% | 1.48% |
Sold All 😨
(Was: #12) |
0.3 | -1,270,744 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-14 of 14 holdings