Nine Ten Capital Management
CHICAGO, ILfiles as Nine Ten Capital Management LLC
$321m in 8 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 16.3% of the portfolio this quarter.
Value
$321m
Stocks
8
Top 10 share
100.0%
Turnover
16.3%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
- Cellebrite DICLBT18.7% of the fund+20%
- GpgiGPGI14.7% of the fund+3%
Cut
Sold some of their stake.
- MagniteMGNI19.3% of the fund-6%
- IradimedIRMD7.6% of the fund-23%
- StoneX GroupSNEX3.1% of the fund-85%
Sold out
Sold their entire stake.
None this quarter.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AgilysysAGYS | 21.3% | $69m | 655,513 | Held |
| MagniteMGNI | 19.3% | $62m | 3,261,283 | -6% |
| Cellebrite DICLBT | 18.7% | $60m | 4,126,808 | +20% |
| GpgiGPGI | 14.7% | $47m | 2,984,544 | +3% |
| WinmarkWINA | 11.0% | $35m | 83,671 | Held |
| IradimedIRMD | 7.6% | $25m | 256,562 | -23% |
| Resolute Holdings ManagementRHLD | 4.2% | $13m | 92,980 | Held |
| StoneX GroupSNEX | 3.1% | $10m | 84,679 | -85% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 4.4% since 30 June 2025.
Where the money is
Technology59.3%
Financial services22.0%
Retail & consumer11.0%
Health care7.6%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.