Nine Ten Capital Management LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Nine Ten Capital Management LLC maintained a portfolio of 9 distinct positions. They heavily accumulated shares in MAGNITE INC, increasing their position by 5.1%. Conversely, Nine Ten Capital Management LLC completely exited their position in SAPIENS INTL CORP N .
PCA Score Concentration Risk
Risk ENB
Total Positions
9
Quarter
2025 Q4
Top Holding
MGNI (15.4%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-9 of 9
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
MGNI
MAGNITE INC
Communication Services 15.43% 16.05% #1
Prev: #1
8.0 145,000 5.1%
P
S
3,003,583 $48,748,000 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CMPO
COMPOSECURE INC
Industrials 14.77% 11.39% #2 3
Prev: #5
7.5 295,592 13.9%
P
S
2,418,904 $46,636,000 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CLBT
CELLEBRITE DI L...
Technology 14.16% 11.84% #3 1
Prev: #4
6.0 no change no change
P
S
2,479,727 $44,709,000 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AGYS
AGILYSYS INC
Technology 13.67% 9.85% #4 4
Prev: #8
5.5 no change no change
P
S
363,239 $43,167,000 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IRMD
IRADIMED CORP
Healthcare 13.20% 14.15% #5 3
Prev: #2
4.5 -342,907 -44.5%
P
S
428,477 $41,682,000 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SNEX
STONEX GROUP IN...
Financial Services 11.97% 10.86% #6
Prev: #6
4.5 -20,000 -4.8%
P
S
397,486 $37,813,000 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
WINA
WINMARK CORP
Consumer Cyclical 10.73% 10.76% #7
Prev: #7
4.5 -229 -0.3%
P
S
83,671 $33,882,000 2015 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
RHLD
RESOLUTE HLDGS ...
Industrials 6.08% 2.36% #8 1
Prev: #9
2.4 -33,797 -26.7%
P
S
92,980 $19,194,000 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SPNS
SAPIENS INTL CO...
Technology 0.00% 12.74%
Sold All 😨
(Was: #3)
0.0 -1,149,230 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-9 of 9 holdings

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