Fivespan Partners, LP Quant / Systematic

Location: SAN FRANCISCO, CA

CIK: 0002040262 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 14, 2026

Total Value ($000): $377,370 (100.0% shares, 0.0% debt)

Holdings (4)

New Positions (1)

QGEN QIAGEN NV 28.5%

Value ($000) $107,677 Shares 2,689,243 Est. Cost $50.32 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QGEN	QIAGEN NV	2,689,243	$107,677	28.5%	$50.32	0.0%	ORD SHARES	N72482156

Increased Positions (2)

BL BLACKLINE INC 29.6%

Value ($000) $111,516 (+117.8%) Shares 3,013,943 (+225.5%) Est. Cost $49.23 Unrealized -5.3%

APPN APPIAN CORP 22.4%

Value ($000) $84,648 (+73.8%) Shares 3,510,907 (+155.3%) Est. Cost $31.09 Unrealized -9.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BL	BLACKLINE INC	3,013,943 (+225.5%)	$111,516 (+117.8%)	29.6%	$49.23	-5.3%	COM	09239B109
APPN	APPIAN CORP	3,510,907 (+155.3%)	$84,648 (+73.8%)	22.4%	$31.09	-9.4%	CL A	03782L101

Exited Positions (3)

— QIAGEN NV 33.7%

Value ($000) $127,300 Shares 2,830,783 Est. Cost $44.97 Unrealized —

NYT NEW YORK TIMES CO 12.2%

Value ($000) $45,988 Shares 662,466 Est. Cost $61.82 Unrealized +16.9%

CCO CLEAR CHANNEL OUTDOOR HLDGS 2.1%

Value ($000) $7,892 Shares 3,571,104 Est. Cost $1.85 Unrealized +18.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	QIAGEN NV	2,830,783	$127,300	33.7%	$44.97	—	—	N72482206
NYT	NEW YORK TIMES CO	662,466	$45,988	12.2%	$61.82	+16.9%	—	650111107
CCO	CLEAR CHANNEL OUTDOOR HLDGS	3,571,104	$7,892	2.1%	$1.85	+18.4%	—	18453H106

Decreased Positions (1)

OUT OUTFRONT MEDIA INC 19.5%

Value ($000) $73,529 (-12.3%) Shares 2,774,690 (-20.2%) Est. Cost $24.10 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OUT	OUTFRONT MEDIA INC	2,774,690 (-20.2%)	$73,529 (-12.3%)	19.5%	$24.10	—	COM NEW	69007J304