Tensile Capital Management LP Long-Term Concentrated

Location: Larkspur, CA

CIK: 0001598843 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $772M (100.0% shares, 0.0% debt)

Holdings (24)

LAD LITHIA MTRS INC 9.7%

Value $74.7M Shares 224,790 Share Price $332.33 * Est. Cost/Share $175.98 Unrealized @ Report Date +80.4%

DKS DICKS SPORTING GOODS 9.2%

Value $70.84M Shares 357,844 Share Price $197.97 * Est. Cost/Share $47.97 Unrealized @ Report Date +352.7%

VERX VERTEX INC 8.8%

Value $68.3M Shares 3,419,994 Share Price $19.97 * Est. Cost/Share $15.06 Unrealized @ Report Date +43.6%

CCK CROWN HOLDINGS INC COM STK 8.2%

Value $63.03M Shares 612,165 Share Price $102.97 * Est. Cost/Share $65.88 Unrealized @ Report Date +47.7%

VVV VALVOLINE INC 7.9%

Value $60.99M Shares 2,098,843 Share Price $29.06 * Est. Cost/Share $27.00 Unrealized @ Report Date +18.9%

USFD US FOODS HLDG CORP 7.5%

Value $57.55M Shares 764,042 Share Price $75.32 Est. Cost/Share $41.09 Unrealized @ Report Date +82.7%

CWAN CLEARWATER ANALYTICS HLDGS I 7.4%

Value $57.04M Shares 2,364,674 Share Price $24.12 * Est. Cost/Share $21.74 Unrealized @ Report Date -7.9%

QTWO Q2 HOLDINGS INC 6.4%

Value $49.05M Shares 679,767 Share Price $72.16 * Est. Cost/Share $31.39 Unrealized @ Report Date +118.7%

CTRI CENTURI HOLDINGS INC 6.1%

Value $47.12M Shares 1,866,243 Share Price $25.25 * Est. Cost/Share $21.86 Unrealized @ Report Date +2.3%

BL BLACKLINE INC 5.7%

Value $43.73M Shares 790,945 Share Price $55.29 Est. Cost/Share $57.41 Unrealized @ Report Date -4.1%

BATRK ATLANTA BRAVES HOLDINGS INC 3.9%

Value $29.74M Shares 753,879 Share Price $39.45 Est. Cost/Share $37.85 Unrealized @ Report Date +4.4%

NCNO NCINO INC 3.6%

Value $27.82M Shares 1,085,142 Share Price $25.64 Est. Cost/Share $29.88 Unrealized @ Report Date -15.0%

EQIX EQUINIX INC 2.8%

Value $21.37M Shares 27,892 Share Price $766.17 Est. Cost/Share $507.08 Unrealized @ Report Date +54.1%

SKY CHAMPION HOMES INC 2.7%

Value $21M Shares 248,562 Share Price $84.50 * Est. Cost/Share $70.62 Unrealized @ Report Date +11.6%

VAL VALARIS LTD 2.2%

Value $17.11M Shares 339,419 Share Price $50.40 * Est. Cost/Share $42.87 Unrealized @ Report Date +25.2%

NE NOBLE CORP PLC 1.9%

Value $14.95M Shares 529,375 Share Price $28.24 * Est. Cost/Share $26.49 Unrealized @ Report Date +10.4%

WBI WATERBRIDGE INFRASTRUCTURE L 1.4%

Value $10.58M Shares 528,806 Share Price $20.01 * Est. Cost/Share $23.34 Unrealized @ Report Date -0.6%

OS ONESTREAM INC 1.3%

Value $9.945M Shares 541,070 Share Price $18.38 * Est. Cost/Share $19.07 Unrealized @ Report Date 0.0%

ALIT ALIGHT INC. 0.9%

Value $7.333M Shares 3,760,472 Share Price $1.95 * Est. Cost/Share $8.48 Unrealized @ Report Date -71.0%

ARCB ARCBEST CORP 0.8%

Value $6.026M Shares 81,230 Share Price $74.18 * Est. Cost/Share $71.00 Unrealized @ Report Date 0.0%

HLX HELIX ENERGY SOLUTIONS GRP I 0.7%

Value $5.329M Shares 849,946 Share Price $6.27 * Est. Cost/Share $7.65 Unrealized @ Report Date -13.1%

ASO ACADEMY SPORTS & OUTDOORS 0.5%

Value $3.749M Shares 75,039 Share Price $49.96 Est. Cost/Share $39.74 Unrealized @ Report Date +24.5%

UHAL/B U HAUL HOLDING COMPANY 0.4%

Value $2.963M Shares 63,395 Share Price $46.74 * Est. Cost/Share $48.68 Unrealized @ Report Date 0.0%

UHAL U HAUL HOLDING COMPANY 0.2%

Value $1.764M Shares 35,000 Share Price $50.40 * Est. Cost/Share $53.21 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
LAD	LITHIA MTRS INC	224,790	$74.7M	9.7%	$332.33 *	$175.98	+80.4%	COM	536797103
DKS	DICKS SPORTING GOODS	357,844	$70.84M	9.2%	$197.97 *	$47.97	+352.7%	COM	253393102
VERX	VERTEX INC	3,419,994	$68.3M	8.8%	$19.97 *	$15.06	+43.6%	CL A	92538J106
CCK	CROWN HOLDINGS INC COM STK	612,165	$63.03M	8.2%	$102.97 *	$65.88	+47.7%	COM	228368106
VVV	VALVOLINE INC	2,098,843	$60.99M	7.9%	$29.06 *	$27.00	+18.9%	COM	92047W101
USFD	US FOODS HLDG CORP	764,042	$57.55M	7.5%	$75.32	$41.09	+82.7%	COM	912008109
CWAN	CLEARWATER ANALYTICS HLDGS I	2,364,674	$57.04M	7.4%	$24.12 *	$21.74	-7.9%	CL A	185123106
QTWO	Q2 HOLDINGS INC	679,767	$49.05M	6.4%	$72.16 *	$31.39	+118.7%	COM	74736L109
CTRI	CENTURI HOLDINGS INC	1,866,243	$47.12M	6.1%	$25.25 *	$21.86	+2.3%	COM SHS	155923105
BL	BLACKLINE INC	790,945	$43.73M	5.7%	$55.29	$57.41	-4.1%	COM	09239B109
BATRK	ATLANTA BRAVES HOLDINGS INC	753,879	$29.74M	3.9%	$39.45	$37.85	+4.4%	COM C	047726302
NCNO	NCINO INC	1,085,142	$27.82M	3.6%	$25.64	$29.88	-15.0%	COM	63947X101
EQIX	EQUINIX INC	27,892	$21.37M	2.8%	$766.17	$507.08	+54.1%	COM	29444U700
SKY	CHAMPION HOMES INC	248,562	$21M	2.7%	$84.50 *	$70.62	+11.6%	COM	830830105
VAL	VALARIS LTD	339,419	$17.11M	2.2%	$50.40 *	$42.87	+25.2%	CL A	G9460G101
NE	NOBLE CORP PLC	529,375	$14.95M	1.9%	$28.24 *	$26.49	+10.4%	ORD SHS A	G65431127
WBI	WATERBRIDGE INFRASTRUCTURE L	528,806	$10.58M	1.4%	$20.01 *	$23.34	-0.6%	CL A SHS REPSTG	940923105
OS	ONESTREAM INC	541,070	$9.945M	1.3%	$18.38 *	$19.07	0.0%	CL A	68278B107
ALIT	ALIGHT INC.	3,760,472	$7.333M	0.9%	$1.95 *	$8.48	-71.0%	COM CL A	01626W101
ARCB	ARCBEST CORP	81,230	$6.026M	0.8%	$74.18 *	$71.00	0.0%	COM	03937C105
HLX	HELIX ENERGY SOLUTIONS GRP I	849,946	$5.329M	0.7%	$6.27 *	$7.65	-13.1%	COM	42330P107
ASO	ACADEMY SPORTS & OUTDOORS	75,039	$3.749M	0.5%	$49.96	$39.74	+24.5%	COM	00402L107
UHAL/B	U HAUL HOLDING COMPANY	63,395	$2.963M	0.4%	$46.74 *	$48.68	0.0%	COM SER N	023586506
UHAL	U HAUL HOLDING COMPANY	35,000	$1.764M	0.2%	$50.40 *	$53.21	0.0%	COM	023586100