Institutional Manager · CIK 0001469026
HMI Capital Management, L.P.
SAN FRANCISCO, CA · File #028-15224
Latest AUM
$1.22B
Positions
10
Top-10 Concentration
100.0%
Filings
10
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | FLUTTER ENTMT PLC | G3643J108 | -837,409 | -$212.7M | $0 |
| NEW | AMAZON COM INC | AMZN | +506,500 | +$116.9M | $0 |
| EXITED | NICE LTD | 653656108 | -770,390 | -$111.5M | $0 |
| EXITED | WORKDAY INC | 98138H101 | -437,100 | -$105.2M | $0 |
| REDUCE | GITLAB INC | GTLB | -2,177,369 | -$81.7M | -$48.8M |
| NEW | FAIR ISAAC CORP | FICO | +47,050 | +$79.5M | $0 |
| REDUCE | BLUE OWL CAPITAL INC | OWL | -3,292,023 | -$49.2M | -$11.4M |
| REDUCE | COUPANG INC | CPNG | -1,771,400 | -$41.8M | -$73.4M |
| ADD | TOAST INC | TOST | +961,100 | +$34.1M | -$3.3M |
| EXITED | CHIME FINL INC | 16935C109 | -1,270,744 | -$25.6M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202510 pos · $1.22B
- 13F HOLDINGS REPORTQ/E Sep 202512 pos · $1.73B
- 13F HOLDINGS REPORT (Amended)Q/E Sep 202510 pos · $1.76B
- 13F HOLDINGS REPORTQ/E Jun 202510 pos · $1.76B
- 13F HOLDINGS REPORTQ/E Mar 202512 pos · $1.84B
- 13F HOLDINGS REPORTQ/E Dec 202410 pos · $1.99B
- 13F HOLDINGS REPORTQ/E Sep 202414 pos · $2.42B
- 13F HOLDINGS REPORTQ/E Jun 202414 pos · $2.63B
- 13F HOLDINGS REPORTQ/E Mar 202415 pos · $2.72B
- 13F HOLDINGS REPORTQ/E Dec 202312 pos · $2.60B
Top 10 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | NCINO INC | NCNO | 6,775,973 | $173.7M | 14.26% |
| 2 | GITLAB INC | GTLB | 4,289,081 | $161.0M | 13.21% |
| 3 | COUPANG INC | CPNG | 6,756,100 | $159.4M | 13.08% |
| 4 | CLEARWATER ANALYTICS HLDGS I | CWAN | 6,339,500 | $152.9M | 12.55% |
| 5 | TOAST INC | TOST | 4,303,483 | $152.8M | 12.54% |
| 6 | KLARNA GROUP PLC | KLAR | 4,452,097 | $128.7M | 10.57% |
| 7 | AMAZON COM INC | AMZN | 506,500 | $116.9M | 9.60% |
| 8 | FAIR ISAAC CORP | FICO | 47,050 | $79.5M | 6.53% |
| 9 | TRADEWEB MKTS INC | 892672106 | 532,000 | $57.2M | 4.70% |
| 10 | BLUE OWL CAPITAL INC | OWL | 2,412,457 | $36.0M | 2.96% |