Tensile Capital Management LP Long-Term Concentrated

CIK: 0001598843 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $772 (100.0% shares, 0.0% debt)

Holdings (24)

New Positions (4)

OS ONESTREAM INC 1.3%

Value ($000) $10 Shares 541,070 Est. Cost $19.07 Unrealized 0.0%

ARCB ARCBEST CORP 0.8%

Value ($000) $6 Shares 81,230 Est. Cost $71.00 Unrealized 0.0%

UHAL/B U HAUL HOLDING COMPANY 0.4%

Value ($000) $3 Shares 63,395 Est. Cost $48.68 Unrealized 0.0%

UHAL U HAUL HOLDING COMPANY 0.2%

Value ($000) $2 Shares 35,000 Est. Cost $53.21 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OS	ONESTREAM INC	541,070	$10	1.3%	$19.07	0.0%	CL A	68278B107
ARCB	ARCBEST CORP	81,230	$6	0.8%	$71.00	0.0%	COM	03937C105
UHAL/B	U HAUL HOLDING COMPANY	63,395	$3	0.4%	$48.68	0.0%	COM SER N	023586506
UHAL	U HAUL HOLDING COMPANY	35,000	$2	0.2%	$53.21	0.0%	COM	023586100

Increased Positions (5)

CTRI CENTURI HOLDINGS INC 6.1%

Value ($000) $47 (+174.1%) Shares 1,866,243 (+129.8%) Est. Cost $21.86 Unrealized +2.3%

CCK CROWN HOLDINGS INC COM STK 8.2%

Value ($000) $63 (+22.4%) Shares 612,165 (+14.8%) Est. Cost $65.88 Unrealized +47.7%

NCNO NCINO INC 3.6%

Value ($000) $28 (+13.8%) Shares 1,085,142 (+20.4%) Est. Cost $29.88 Unrealized -15.0%

WBI WATERBRIDGE INFRASTRUCTURE L 1.4%

Value ($000) $11 (+39.8%) Shares 528,806 (+76.3%) Est. Cost $23.34 Unrealized -0.6%

NE NOBLE CORP PLC 1.9%

Value ($000) $15 (+16.8%) Shares 529,375 (+17.0%) Est. Cost $26.49 Unrealized +10.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CTRI	CENTURI HOLDINGS INC	1,866,243 (+129.8%)	$47 (+174.1%)	6.1%	$21.86	+2.3%	COM SHS	155923105
CCK	CROWN HOLDINGS INC COM STK	612,165 (+14.8%)	$63 (+22.4%)	8.2%	$65.88	+47.7%	COM	228368106
NCNO	NCINO INC	1,085,142 (+20.4%)	$28 (+13.8%)	3.6%	$29.88	-15.0%	COM	63947X101
WBI	WATERBRIDGE INFRASTRUCTURE L	528,806 (+76.3%)	$11 (+39.8%)	1.4%	$23.34	-0.6%	CL A SHS REPSTG	940923105
NE	NOBLE CORP PLC	529,375 (+17.0%)	$15 (+16.8%)	1.9%	$26.49	+10.4%	ORD SHS A	G65431127

Exited Positions (2)

— PRO HOLDINGS INC 2.9%

Value ($000) $22 Shares 974,126 Est. Cost $17.52 Unrealized —

RUSHA RUSH ENTERPRISES INC 0.2%

Value ($000) $1 Shares 26,454 Est. Cost $49.60 Unrealized +4.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	PRO HOLDINGS INC	974,126	$22	2.9%	$17.52	—	—	74346Y103
RUSHA	RUSH ENTERPRISES INC	26,454	$1	0.2%	$49.60	+4.7%	—	781846209

Decreased Positions (10)

VERX VERTEX INC 8.8%

Value ($000) $68 (-27.6%) Shares 3,419,994 (-10.1%) Est. Cost $15.06 Unrealized +43.6%

ALIT ALIGHT INC. 0.9%

Value ($000) $7 (-67.6%) Shares 3,760,472 (-45.9%) Est. Cost $8.48 Unrealized -71.0%

CWAN CLEARWATER ANALYTICS HLDGS I 7.4%

Value ($000) $57 (+25.4%) Shares 2,364,674 (-6.3%) Est. Cost $21.74 Unrealized -7.9%

QTWO Q2 HOLDINGS INC 6.4%

Value ($000) $49 (-13.1%) Shares 679,767 (-12.8%) Est. Cost $31.39 Unrealized +118.7%

ASO ACADEMY SPORTS & OUTDOORS 0.5%

Value ($000) $4 (-61.5%) Shares 75,039 (-61.5%) Est. Cost $39.74 Unrealized +24.5%

HLX HELIX ENERGY SOLUTIONS GRP I 0.7%

Value ($000) $5 (-37.1%) Shares 849,946 (-34.2%) Est. Cost $7.65 Unrealized -13.1%

SKY CHAMPION HOMES INC 2.7%

Value ($000) $21 (-10.8%) Shares 248,562 (-19.3%) Est. Cost $70.62 Unrealized +11.6%

VAL VALARIS LTD 2.2%

Value ($000) $17 (-9.9%) Shares 339,419 (-12.8%) Est. Cost $42.87 Unrealized +25.2%

BL BLACKLINE INC 5.7%

Value ($000) $44 (+1.3%) Shares 790,945 (-2.7%) Est. Cost $57.41 Unrealized -4.1%

LAD LITHIA MTRS INC 9.7%

Value ($000) $75 (+0.4%) Shares 224,790 (-4.6%) Est. Cost $175.98 Unrealized +80.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VERX	VERTEX INC	3,419,994 (-10.1%)	$68 (-27.6%)	8.8%	$15.06	+43.6%	CL A	92538J106
ALIT	ALIGHT INC.	3,760,472 (-45.9%)	$7 (-67.6%)	0.9%	$8.48	-71.0%	COM CL A	01626W101
CWAN	CLEARWATER ANALYTICS HLDGS I	2,364,674 (-6.3%)	$57 (+25.4%)	7.4%	$21.74	-7.9%	CL A	185123106
QTWO	Q2 HOLDINGS INC	679,767 (-12.8%)	$49 (-13.1%)	6.4%	$31.39	+118.7%	COM	74736L109
ASO	ACADEMY SPORTS & OUTDOORS	75,039 (-61.5%)	$4 (-61.5%)	0.5%	$39.74	+24.5%	COM	00402L107
HLX	HELIX ENERGY SOLUTIONS GRP I	849,946 (-34.2%)	$5 (-37.1%)	0.7%	$7.65	-13.1%	COM	42330P107
SKY	CHAMPION HOMES INC	248,562 (-19.3%)	$21 (-10.8%)	2.7%	$70.62	+11.6%	COM	830830105
VAL	VALARIS LTD	339,419 (-12.8%)	$17 (-9.9%)	2.2%	$42.87	+25.2%	CL A	G9460G101
BL	BLACKLINE INC	790,945 (-2.7%)	$44 (+1.3%)	5.7%	$57.41	-4.1%	COM	09239B109
LAD	LITHIA MTRS INC	224,790 (-4.6%)	$75 (+0.4%)	9.7%	$175.98	+80.4%	COM	536797103

Unchanged Positions (5)

VVV VALVOLINE INC 7.9%

Value ($000) $61 Shares 2,098,843 Est. Cost $27.00 Unrealized +18.9%

DKS DICKS SPORTING GOODS 9.2%

Value ($000) $71 Shares 357,844 Est. Cost $47.97 Unrealized +352.7%

BATRK ATLANTA BRAVES HOLDINGS INC 3.9%

Value ($000) $30 Shares 753,879 Est. Cost $37.85 Unrealized +4.4%

USFD US FOODS HLDG CORP 7.5%

Value ($000) $58 Shares 764,042 Est. Cost $41.09 Unrealized +82.7%

EQIX EQUINIX INC 2.8%

Value ($000) $21 Shares 27,892 Est. Cost $507.08 Unrealized +54.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VVV	VALVOLINE INC	2,098,843	$61	7.9%	$27.00	+18.9%	COM	92047W101
DKS	DICKS SPORTING GOODS	357,844	$71	9.2%	$47.97	+352.7%	COM	253393102
BATRK	ATLANTA BRAVES HOLDINGS INC	753,879	$30	3.9%	$37.85	+4.4%	COM C	047726302
USFD	US FOODS HLDG CORP	764,042	$58	7.5%	$41.09	+82.7%	COM	912008109
EQIX	EQUINIX INC	27,892	$21	2.8%	$507.08	+54.1%	COM	29444U700