HMI Capital Management, L.P. Long-Term Concentrated

Location: San Francisco, CA

CIK: 0001469026 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value: $1.732B (100.0% shares, 0.0% debt)

Holdings (12)

GTLB GITLAB INC 16.8%

Value $292M Shares 6,466,450 Share Price $45.08 Est. Cost/Share $45.72 Unrealized @ Report Date +0.1%

CPNG COUPANG INC 15.9%

Value $275M Shares 8,527,500 Share Price $32.20 * Est. Cost/Share $17.57 Unrealized @ Report Date +72.0%

FLUT FLUTTER ENTMT PLC 12.3%

Value $213M Shares 837,409 Share Price $254.00 * Est. Cost/Share $240.13 Unrealized @ Report Date +21.9%

NCNO NCINO INC 10.6%

Value $184M Shares 6,775,973 Share Price $27.11 * Est. Cost/Share $41.86 Unrealized @ Report Date -30.2%

KLAR KLARNA GROUP PLC 9.4%

Value $163M Shares 4,452,097 Share Price $36.65 * Est. Cost/Share $42.59 Unrealized @ Report Date 0.0%

TOST TOAST INC 7.0%

Value $122M Shares 3,342,383 Share Price $36.51 * Est. Cost/Share $34.78 Unrealized @ Report Date +24.8%

NICE NICE LTD 6.4%

Value $112M Shares 770,390 Share Price $144.78 Est. Cost/Share $172.53 Unrealized @ Report Date —

WDAY WORKDAY INC 6.1%

Value $105M Shares 437,100 Share Price $240.73 * Est. Cost/Share $232.56 Unrealized @ Report Date -0.6%

CWAN CLEARWATER ANALYTICS HLDGS I 5.6%

Value $96.61M Shares 5,361,200 Share Price $18.02 * Est. Cost/Share $20.27 Unrealized @ Report Date 0.0%

OWL BLUE OWL CAPITAL INC 5.6%

Value $96.58M Shares 5,704,480 Share Price $16.93 * Est. Cost/Share $19.56 Unrealized @ Report Date -2.8%

TW TRADEWEB MKTS INC 2.8%

Value $48.66M Shares 438,500 Share Price $110.98 * Est. Cost/Share $128.54 Unrealized @ Report Date 0.0%

CHYM CHIME FINL INC 1.5%

Value $25.63M Shares 1,270,744 Share Price $20.17 * Est. Cost/Share $32.95 Unrealized @ Report Date -13.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GTLB	GITLAB INC	6,466,450	$292M	16.8%	$45.08	$45.72	+0.1%	CLASS A COM	37637K108
CPNG	COUPANG INC	8,527,500	$275M	15.9%	$32.20 *	$17.57	+72.0%	CL A	22266T109
FLUT	FLUTTER ENTMT PLC	837,409	$213M	12.3%	$254.00 *	$240.13	+21.9%	SHS	G3643J108
NCNO	NCINO INC	6,775,973	$184M	10.6%	$27.11 *	$41.86	-30.2%	COM	63947X101
KLAR	KLARNA GROUP PLC	4,452,097	$163M	9.4%	$36.65 *	$42.59	0.0%	SHS	G5279N105
TOST	TOAST INC	3,342,383	$122M	7.0%	$36.51 *	$34.78	+24.8%	CL A	888787108
NICE	NICE LTD	770,390	$112M	6.4%	$144.78	$172.53	—	SPONSORED ADR	653656108
WDAY	WORKDAY INC	437,100	$105M	6.1%	$240.73 *	$232.56	-0.6%	CL A	98138H101
CWAN	CLEARWATER ANALYTICS HLDGS I	5,361,200	$96.61M	5.6%	$18.02 *	$20.27	0.0%	CL A	185123106
OWL	BLUE OWL CAPITAL INC	5,704,480	$96.58M	5.6%	$16.93 *	$19.56	-2.8%	COM CL A	09581B103
TW	TRADEWEB MKTS INC	438,500	$48.66M	2.8%	$110.98 *	$128.54	0.0%	CL A	892672106
CHYM	CHIME FINL INC	1,270,744	$25.63M	1.5%	$20.17 *	$32.95	-13.8%	COM SHS CL A	16935C109