Sunriver Management LLC

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
27
Quarter
2025 Q4
Top Holding
VRRM (6.9%)
Top 10 Concentration
55.7%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 27
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
VRRM
VERRA MOBILITY ...
Technology 6.95% 6.13% #1 2
Prev: #3
4.9 672,202 29.4%
P
S
2,956,976 $66,265,832 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
LMT
LOCKHEED MARTIN...
Industrials 6.56% #2
Prev: #—
4.6 129,313 no change
NEW
129,313 $62,544,819 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SSNC
SS&C TECHNOLOGI...
Technology 5.78% 4.89% #3 7
Prev: #10
4.4 123,862 24.4%
P
S
630,879 $55,151,442 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BOX
BOX INC
Technology 5.46% 5.32% #4 1
Prev: #5
4.2 223,439 14.7%
P
S
1,741,267 $52,081,296 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RTO
RENTOKIL INITIA...
Industrials 5.24% 5.45% #5 1
Prev: #4
2.1 -287,326 -14.5%
P
S
1,697,919 $50,020,694 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CBZ
CBIZ INC
Industrials 5.23% 3.44% #6 12
Prev: #18
4.3 392,587 65.8%
P
S
989,349 $49,912,657 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ARMK
ARAMARK
Industrials 5.22% 3.41% #7 12
Prev: #19
4.3 534,136 65.4%
P
S
1,351,397 $49,812,493 2017 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
WEX
WEX INC
Technology 5.14% 5.28% #8 2
Prev: #6
4.1 21,096 6.8%
P
S
329,177 $49,040,789 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HURN
HURON CONSULTIN...
Industrials 5.06% 7.21% #9 7
Prev: #2
2.1 -172,896 -38.3%
P
S
279,089 $48,257,279 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SYY
SYSCO CORP
Consumer Defensive 5.04% 4.98% #10 1
Prev: #9
4.1 96,425 17.3%
P
S
652,768 $48,102,474 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NABL
N-ABLE INC
Technology 4.81% 5.27% #11 4
Prev: #7
1.9 -77,305 -1.2%
P
S
6,134,573 $45,886,606 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
KAR
OPENLANE INC
Consumer Cyclical 4.68% 4.66% #12 1
Prev: #13
3.9 7,454 0.5%
P
S
1,498,562 $44,627,176 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TRU
TRANSUNION
Financial Services 4.66% #13
Prev: #—
3.9 517,921 no change
NEW
517,921 $44,411,726 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PFGC
PERFORMANCE FOO...
Consumer Defensive 4.28% 5.24% #14 6
Prev: #8
1.7 -8,826 -1.9%
P
S
454,315 $40,852,005 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HII
HUNTINGTON INGA...
Industrials 4.11% 4.86% #15 4
Prev: #11
1.7 -40,190 -25.9%
P
S
115,217 $39,181,845 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
FA
FIRST ADVANTAGE...
Industrials 4.05% 3.93% #16 1
Prev: #17
3.7 310,672 13.2%
P
S
2,661,286 $38,668,486 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
IQV
IQVIA HLDGS INC
Healthcare 3.86% 4.73% #17 5
Prev: #12
1.6 -65,591 -28.6%
P
S
163,513 $36,857,465 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SWK
STANLEY BLACK &...
Industrials 3.38% 4.58% #18 4
Prev: #14
1.4 -133,800 -23.6%
P
S
433,673 $32,213,230 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ACVA
ACV AUCTIONS IN...
Consumer Cyclical 2.49% #19
Prev: #—
3.0 2,963,578 no change
NEW
2,963,578 $23,767,896 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CDW
CDW CORP
Technology 2.41% #20
Prev: #—
3.0 168,982 no change
NEW
168,982 $23,015,348 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LYV
LIVE NATION ENT...
Communication Services 2.24% #21
Prev: #—
2.9 150,000 no change
NEW
150,000 $21,375,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RPAY
REPAY HLDGS COR...
Technology 1.67% 2.23% #22 2
Prev: #20
2.7 433,524 11.0%
P
S
4,361,524 $15,919,563 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CCCS
CCC INTELLIGENT...
Unknown 1.67% #23
Prev: #—
2.7 2,000,000 no change
NEW
2,000,000 $15,900,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IAS
INTEGRAL AD SCI...
Communication Services 0.00% 7.87%
Sold All 😨
(Was: #1)
0.3 -7,120,157 -100.0%
CLOSED
$— 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
JAMF
JAMF HLDG CORP
Technology 0.00% 4.53%
Sold All 😨
(Was: #15)
0.3 -3,893,883 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
DLTR
DOLLAR TREE INC
Consumer Defensive 0.00% 3.99%
Sold All 😨
(Was: #16)
0.3 -389,168 -100.0%
CLOSED
$— 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DV
DOUBLEVERIFY HL...
Communication Services 0.00% 1.98%
Sold All 😨
(Was: #21)
0.3 -1,523,175 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 27 holdings

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