Greenstone Partners & Co., LLC Long-Term Concentrated

CIK: 0001845565 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 18, 2026

Total Value ($000): $514,433 (100.0% shares, 0.0% debt)

Holdings (12)

New Positions (1)

GLIBK GCI LIBERTY INC 2.3%

Value ($000) $11,732 Shares 315,282 Est. Cost $35.09 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLIBK	GCI LIBERTY INC	315,282	$11,732	2.3%	$35.09	0.0%	COM SER C	36164V800

Increased Positions (7)

SGI SOMNIGROUP INTERNATIONAL INC 9.1%

Value ($000) $46,941 (+104.6%) Shares 525,774 (+93.3%) Est. Cost $82.93 Unrealized +5.3%

VSTS VESTIS CORPORATION 6.6%

Value ($000) $33,979 (+138.2%) Shares 5,094,356 (+61.8%) Est. Cost $6.11 Unrealized -4.6%

PAR PAR TECHNOLOGY CORP 7.2%

Value ($000) $36,981 (+46.3%) Shares 1,019,311 (+59.7%) Est. Cost $40.06 Unrealized -9.9%

GWRE GUIDEWIRE SOFTWARE INC 7.3%

Value ($000) $37,379 (+29.1%) Shares 185,956 (+47.6%) Est. Cost $135.32 Unrealized +63.5%

APPF APPFOLIO INC 8.5%

Value ($000) $43,647 (+19.3%) Shares 187,609 (+41.3%) Est. Cost $173.72 Unrealized +36.8%

LBRDK LIBERTY BROADBAND CORP 7.3%

Value ($000) $37,501 (+7.7%) Shares 771,632 (+40.8%) Est. Cost $64.08 Unrealized -18.8%

XPO XPO INC 5.1%

Value ($000) $26,326 (+6.9%) Shares 193,703 (+1.7%) Est. Cost $125.52 Unrealized +8.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SGI	SOMNIGROUP INTERNATIONAL INC	525,774 (+93.3%)	$46,941 (+104.6%)	9.1%	$82.93	+5.3%	COM	88023U101
VSTS	VESTIS CORPORATION	5,094,356 (+61.8%)	$33,979 (+138.2%)	6.6%	$6.11	-4.6%	COM	29430C102
PAR	PAR TECHNOLOGY CORP	1,019,311 (+59.7%)	$36,981 (+46.3%)	7.2%	$40.06	-9.9%	COM	698884103
GWRE	GUIDEWIRE SOFTWARE INC	185,956 (+47.6%)	$37,379 (+29.1%)	7.3%	$135.32	+63.5%	COM	40171V100
APPF	APPFOLIO INC	187,609 (+41.3%)	$43,647 (+19.3%)	8.5%	$173.72	+36.8%	COM CL A	03783C100
LBRDK	LIBERTY BROADBAND CORP	771,632 (+40.8%)	$37,501 (+7.7%)	7.3%	$64.08	-18.8%	COM SER C	530307305
XPO	XPO INC	193,703 (+1.7%)	$26,326 (+6.9%)	5.1%	$125.52	+8.5%	COM	983793100

Decreased Positions (2)

APP APPLOVIN CORP 25.6%

Value ($000) $131,564 (-46.8%) Shares 195,251 (-43.3%) Est. Cost $39.99 Unrealized +1475.8%

CHTR CHARTER COMMUNICATIONS INC N 0.2%

Value ($000) $910 (-87.9%) Shares 4,358 (-84.1%) Est. Cost $366.38 Unrealized -38.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
APP	APPLOVIN CORP	195,251 (-43.3%)	$131,564 (-46.8%)	25.6%	$39.99	+1475.8%	COM CL A	03831W108
CHTR	CHARTER COMMUNICATIONS INC N	4,358 (-84.1%)	$910 (-87.9%)	0.2%	$366.38	-38.6%	CL A	16119P108

Unchanged Positions (2)

AYI ACUITY INC 13.5%

Value ($000) $69,445 Shares 192,880 Est. Cost $195.10 Unrealized +85.1%

PCOR PROCORE TECHNOLOGIES INC 7.4%

Value ($000) $38,029 Shares 522,802 Est. Cost $64.21 Unrealized +15.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AYI	ACUITY INC	192,880	$69,445	13.5%	$195.10	+85.1%	COM	00508Y102
PCOR	PROCORE TECHNOLOGIES INC	522,802	$38,029	7.4%	$64.21	+15.2%	COM	74275K108