Praesidium Investment Management Company, LLC Long-Term Concentrated

CIK: 0001320769 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $540,039 (100.0% shares, 0.0% debt)

Holdings (12)

Increased Positions (7)

FROG JFROG LTD 17.5%

Value ($000) $94,395 (+33.3%) Shares 1,511,290 (+1.0%) Est. Cost $25.97 Unrealized +119.0%

CLBT CELLEBRITE DI LTD 4.0%

Value ($000) $21,370 (+328.0%) Shares 1,185,274 (+339.9%) Est. Cost $17.45 Unrealized +2.9%

INTA INTAPP INC 15.6%

Value ($000) $84,394 (+18.4%) Shares 1,841,850 (+5.7%) Est. Cost $41.47 Unrealized +0.0%

NOW SERVICENOW INC 9.6%

Value ($000) $52,055 (-15.9%) Shares 339,805 (+405.2%) Est. Cost $144.80 Unrealized +18.5%

WK WORKIVA INC 2.2%

Value ($000) $12,112 (+60.0%) Shares 140,427 (+59.7%) Est. Cost $80.14 Unrealized +10.5%

TYL TYLER TECHNOLOGIES INC 4.8%

Value ($000) $25,904 (-12.3%) Shares 57,063 (+1.0%) Est. Cost $175.52 Unrealized +171.4%

ALKT ALKAMI TECHNOLOGY INC 9.8%

Value ($000) $52,763 (+5.3%) Shares 2,287,096 (+13.4%) Est. Cost $29.16 Unrealized -24.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FROG	JFROG LTD	1,511,290 (+1.0%)	$94,395 (+33.3%)	17.5%	$25.97	+119.0%	ORD SHS	M6191J100
CLBT	CELLEBRITE DI LTD	1,185,274 (+339.9%)	$21,370 (+328.0%)	4.0%	$17.45	+2.9%	ORDINARY SHARES	M2197Q107
INTA	INTAPP INC	1,841,850 (+5.7%)	$84,394 (+18.4%)	15.6%	$41.47	+0.0%	COM	45827U109
NOW	SERVICENOW INC	339,805 (+405.2%)	$52,055 (-15.9%)	9.6%	$144.80	+18.5%	COM	81762P102
WK	WORKIVA INC	140,427 (+59.7%)	$12,112 (+60.0%)	2.2%	$80.14	+10.5%	COM CL A	98139A105
TYL	TYLER TECHNOLOGIES INC	57,063 (+1.0%)	$25,904 (-12.3%)	4.8%	$175.52	+171.4%	COM	902252105
ALKT	ALKAMI TECHNOLOGY INC	2,287,096 (+13.4%)	$52,763 (+5.3%)	9.8%	$29.16	-24.3%	COM	01644J108

Exited Positions (1)

QTWO Q2 HLDGS INC 0.5%

Value ($000) $2,810 Shares 38,816 Est. Cost $71.77 Unrealized -4.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QTWO	Q2 HLDGS INC	38,816	$2,810	0.5%	$71.77	-4.3%	—	74736L109

Decreased Positions (3)

DSGX DESCARTES SYS GROUP INC 2.7%

Value ($000) $14,568 (-38.6%) Shares 166,188 (-34.0%) Est. Cost $111.44 Unrealized -19.8%

TDG TRANSDIGM GROUP INC 6.5%

Value ($000) $34,842 (-16.1%) Shares 26,200 (-16.9%) Est. Cost $1314.14 Unrealized -0.3%

TW TRADEWEB MKTS INC 3.7%

Value ($000) $20,093 (-19.4%) Shares 186,840 (-16.8%) Est. Cost $133.76 Unrealized -19.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DSGX	DESCARTES SYS GROUP INC	166,188 (-34.0%)	$14,568 (-38.6%)	2.7%	$111.44	-19.8%	COM	249906108
TDG	TRANSDIGM GROUP INC	26,200 (-16.9%)	$34,842 (-16.1%)	6.5%	$1314.14	-0.3%	COM	893641100
TW	TRADEWEB MKTS INC	186,840 (-16.8%)	$20,093 (-19.4%)	3.7%	$133.76	-19.7%	CL A	892672106

Unchanged Positions (2)

JBL JABIL INC 14.7%

Value ($000) $79,574 Shares 348,980 Est. Cost $82.60 Unrealized +158.2%

PCOR PROCORE TECHNOLOGIES INC 8.9%

Value ($000) $47,968 Shares 659,451 Est. Cost $65.95 Unrealized +12.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JBL	JABIL INC	348,980	$79,574	14.7%	$82.60	+158.2%	COM	466313103
PCOR	PROCORE TECHNOLOGIES INC	659,451	$47,968	8.9%	$65.95	+12.2%	COM	74275K108