Spyglass Capital Management LLC
Net buyer this quarter
$1.85B
25
+$88.3M
51.5%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 AFRM | $125M | 6.79% | 2.60% | -7.5% | Q3 2021 |
 CRDO | $109M | 5.91% | 0.22% | -32.2% | Q4 2025 |
 IOT | $100M | 5.42% | Not reported | +4.7% | Q3 2025 |
 AAON | $98.5M | 5.33% | 0.94% | -9.6% | Q1 2025 |
 APP | $98.4M | 5.33% | 0.06% | +14.7% | Q3 2021 |
 FICO | $89.5M | 4.85% | 0.35% | +33.0% | Q1 2025 |
 FOUR | $89.2M | 4.83% | 2.31% | +4.7% | Q3 2023 |
 SNOW | $84M | 4.55% | 0.10% | -6.3% | Q4 2023 |
 ILMN | $80.7M | 4.37% | 0.30% | +41.1% | Q4 2024 |
 CSGP | $76.3M | 4.13% | 0.66% | +142.5% | Q4 2023 |
 MDB | $75M | 4.06% | 0.28% | -11.8% | Q2 2024 |
 DASH | $73.5M | 3.98% | Not reported | +33.6% | Q3 2023 |
 CHYM | $69.8M | 3.78% | 5.09% | +162.6% | Q1 2026 |
 GLBE | $68M | 3.68% | 1.16% | +1.1% | Q1 2023 |
 HUBS | $67.8M | 3.67% | 0.75% | +18.3% | Q4 2023 |
 CVNA | $65.3M | 3.54% | Not reported | +18.6% | Q4 2025 |
 MEDP | $63.7M | 3.45% | 0.43% | +115.9% | Q1 2023 |
 QXO | $63M | 3.41% | 0.50% | New | Q2 2026 |
 CDNS | $59.1M | 3.20% | 0.06% | -32.6% | Q2 2025 |
 ASND | $57.5M | 3.11% | 0.35% | -41.5% | Q4 2018 |
 MKSI | $52.7M | 2.85% | 0.18% | New | Q2 2026 |
 LOAR | $49.3M | 2.67% | 0.65% | +4.7% | Q3 2025 |
 APG | $49.2M | 2.67% | 0.27% | -8.5% | Q3 2023 |
 PCOR | $42.8M | 2.32% | 0.69% | +4.7% | Q3 2023 |
 FPS | $39.4M | 2.13% | Not reported | New | Q2 2026 |
| Q1 2026 | |||||
| IOT | $93.4M | 6.61% | Not reported | +25.6% | Q3 2025 |
| ASND | $84.2M | 5.96% | 0.59% | -11.5% | Q4 2018 |
| HUBS | $76.6M | 5.42% | 0.60% | +18.5% | Q4 2023 |
| FOUR | $76.6M | 5.42% | 2.16% | +3.1% | Q3 2023 |
| AFRM | $76.2M | 5.39% | 2.81% | +15.2% | Q3 2021 |
| AAON | $71.1M | 5.03% | 1.05% | -28.4% | Q1 2025 |
| APP | $66.3M | 4.69% | 0.05% | +38.1% | Q3 2021 |
| CDNS | $64.8M | 4.59% | 0.08% | -14.1% | Q2 2025 |
| MDB | $62M | 4.39% | 0.32% | -4.6% | Q2 2024 |
| FICO | $60.2M | 4.26% | 0.24% | +13.8% | Q1 2025 |
| GLBE | $59.8M | 4.23% | 1.15% | -27.8% | Q1 2023 |
| PCOR | $57.3M | 4.06% | 0.67% | -7.0% | Q3 2023 |
| CRDO | $55.6M | 3.93% | 0.32% | +52.2% | Q4 2025 |
| SNOW | $53.1M | 3.76% | 0.10% | +7.1% | Q4 2023 |
| CVNA | $52.6M | 3.73% | Not reported | -7.4% | Q4 2025 |
| APG | $51.5M | 3.65% | 0.29% | -44.5% | Q3 2023 |
 KNSL | $46.8M | 3.31% | 0.59% | -30.5% | Q2 2024 |
 NCNO | $46.2M | 3.27% | 2.69% | +6.0% | Q2 2025 |
| CSGP | $44.8M | 3.17% | 0.26% | -29.6% | Q4 2023 |
| DASH | $44.8M | 3.17% | Not reported | +10.2% | Q3 2023 |
 RBLX | $44.1M | 3.12% | 0.11% | New | Q1 2026 |
| ILMN | $40.1M | 2.84% | 0.21% | -19.1% | Q4 2024 |
| LOAR | $33.5M | 2.37% | 0.62% | -35.4% | Q3 2025 |
| MEDP | $26.8M | 1.90% | 0.20% | -19.4% | Q1 2023 |
| CHYM | $24.3M | 1.72% | 1.94% | New | Q1 2026 |
| Q4 2025 | |||||
| MDB | $111M | 5.57% | 0.33% | -21.9% | Q2 2024 |
| AFRM | $107M | 5.38% | 2.44% | +43.8% | Q3 2021 |
| FOUR | $107M | 5.35% | 2.05% | +36.7% | Q3 2023 |
| HUBS | $106M | 5.32% | 0.50% | +17.6% | Q4 2023 |
| CSGP | $106M | 5.31% | 0.38% | +57.4% | Q4 2023 |
| GLBE | $105M | 5.28% | 1.59% | -0.7% | Q1 2023 |
| AAON | $91.4M | 4.57% | 1.47% | +12.2% | Q1 2025 |
| ASND | $88.6M | 4.43% | 0.67% | +6.9% | Q4 2018 |
| APG | $87.6M | 4.38% | 0.55% | +1.2% | Q3 2023 |
| CDNS | $84.9M | 4.25% | 0.10% | +134.1% | Q2 2025 |
| FICO | $83.8M | 4.19% | 0.21% | +79.0% | Q1 2025 |
| IOT | $83.2M | 4.16% | Not reported | +6.7% | Q3 2025 |
| APP | $81.3M | 4.07% | 0.04% | -31.4% | Q3 2021 |
| PCOR | $78.7M | 3.94% | 0.71% | +14.6% | Q3 2023 |
| KNSL | $77.1M | 3.86% | 0.85% | +37.5% | Q2 2024 |
| CVNA | $76.2M | 3.82% | Not reported | New | Q4 2025 |
| NCNO | $74.6M | 3.73% | 2.54% | +35.4% | Q2 2025 |
| SNOW | $72.1M | 3.61% | 0.10% | -12.2% | Q4 2023 |
| LOAR | $61.5M | 3.08% | 0.97% | +6.5% | Q3 2025 |
| DASH | $61.3M | 3.07% | Not reported | +67.3% | Q3 2023 |
| CRDO | $56M | 2.80% | 0.22% | New | Q4 2025 |
 EXK | $54.8M | 2.74% | 0.21% | -74.6% | Q4 2018 |
| ILMN | $52.7M | 2.64% | 0.26% | -4.9% | Q4 2024 |
 DUOL | $50.3M | 2.52% | 1.72% | +6.8% | Q3 2024 |
| MEDP | $38.9M | 1.94% | 0.24% | -54.2% | Q1 2023 |
| Q3 2025 | |||||
| APP | $126M | 6.74% | 0.05% | -31.1% | Q3 2021 |
| EXK | $116M | 6.20% | 0.81% | +56.4% | Q4 2018 |
| MDB | $105M | 5.62% | 0.42% | -1.6% | Q2 2024 |
| HUBS | $105M | 5.62% | 0.43% | +145.4% | Q4 2023 |
| AAON | $99.9M | 5.33% | 1.31% | +50.1% | Q1 2025 |
| GLBE | $96.7M | 5.16% | 1.60% | +63.0% | Q1 2023 |
| FOUR | $96.1M | 5.13% | 1.50% | +20.8% | Q3 2023 |
| DUOL | $86.5M | 4.61% | 1.61% | +227.9% | Q3 2024 |
| CSGP | $84.6M | 4.51% | 0.24% | +24.8% | Q4 2023 |
| SNOW | $84.5M | 4.50% | 0.11% | -25.1% | Q4 2023 |
| IOT | $82M | 4.37% | Not reported | New | Q3 2025 |
| APG | $77.7M | 4.15% | 0.54% | -40.3% | Q3 2023 |
| MEDP | $77.6M | 4.14% | 0.54% | -32.8% | Q1 2023 |
| ASND | $77.3M | 4.12% | 0.64% | Not reported | Q4 2018 |
| AFRM | $73.4M | 3.91% | 1.69% | -42.3% | Q3 2021 |
| PCOR | $68.8M | 3.67% | 0.63% | +5.1% | Q3 2023 |
| LOAR | $67.9M | 3.62% | 0.91% | New | Q3 2025 |
| KNSL | $61M | 3.25% | 0.62% | -1.5% | Q2 2024 |
| NCNO | $58.3M | 3.11% | 1.86% | +36.0% | Q2 2025 |
| DASH | $44M | 2.35% | Not reported | -31.4% | Q3 2023 |
| FICO | $41.4M | 2.21% | 0.12% | Not reported | Q1 2025 |
| CDNS | $40.7M | 2.17% | 0.04% | -9.8% | Q2 2025 |
| ILMN | $40.1M | 2.14% | 0.27% | -39.6% | Q4 2024 |
 SG | $32.4M | 1.73% | 4.22% | +4.0% | Q2 2023 |
 ACVA | $30.8M | 1.65% | 1.81% | -1.4% | Q2 2024 |