Capital Impact Advisors, LLC Diversified Active

CIK: 0001602198 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $1,278,138 (100.0% shares, 0.0% debt)

Holdings (30)

New Positions (5)

PATH UIPATH INC 4.1%

Value ($000) $52,261 Shares 3,188,606 Est. Cost $15.56 Unrealized 0.0%

PEGA PEGASYSTEMS INC 3.6%

Value ($000) $45,705 Shares 765,317 Est. Cost $58.57 Unrealized 0.0%

VEEV VEEVA SYS INC 3.4%

Value ($000) $43,184 Shares 193,450 Est. Cost $265.35 Unrealized 0.0%

DDOG DATADOG INC 2.9%

Value ($000) $36,889 Shares 271,264 Est. Cost $158.02 Unrealized 0.0%

ZS ZSCALER INC 2.5%

Value ($000) $31,756 Shares 141,188 Est. Cost $282.25 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PATH	UIPATH INC	3,188,606	$52,261	4.1%	$15.56	0.0%	CL A	90364P105
PEGA	PEGASYSTEMS INC	765,317	$45,705	3.6%	$58.57	0.0%	COM	705573103
VEEV	VEEVA SYS INC	193,450	$43,184	3.4%	$265.35	0.0%	CL A COM	922475108
DDOG	DATADOG INC	271,264	$36,889	2.9%	$158.02	0.0%	CL A COM	23804L103
ZS	ZSCALER INC	141,188	$31,756	2.5%	$282.25	0.0%	COM	98980G102

Increased Positions (25)

NVDA NVIDIA CORPORATION 12.0%

Value ($000) $153,270 (+213.0%) Shares 821,821 (+213.1%) Est. Cost $173.94 Unrealized +7.0%

CART MAPLEBEAR INC 4.8%

Value ($000) $61,133 (+757.7%) Shares 1,359,107 (+601.0%) Est. Cost $41.37 Unrealized -1.1%

META META PLATFORMS INC 6.1%

Value ($000) $77,959 (+175.4%) Shares 118,104 (+206.4%) Est. Cost $669.29 Unrealized -0.3%

AFRM AFFIRM HLDGS INC 4.3%

Value ($000) $54,427 (+358.5%) Shares 731,252 (+350.2%) Est. Cost $72.89 Unrealized -1.3%

TOST TOAST INC 3.9%

Value ($000) $50,061 (+476.2%) Shares 1,409,764 (+492.4%) Est. Cost $36.40 Unrealized -1.0%

EXEL EXELIXIS INC 3.8%

Value ($000) $47,970 (+474.1%) Shares 1,094,466 (+441.0%) Est. Cost $40.42 Unrealized +2.3%

MEDP MEDPACE HLDGS INC 3.7%

Value ($000) $47,157 (+239.8%) Shares 83,962 (+211.0%) Est. Cost $500.88 Unrealized +13.3%

AR ANTERO RESOURCES CORP 3.1%

Value ($000) $39,518 (+385.2%) Shares 1,146,775 (+372.5%) Est. Cost $34.58 Unrealized -2.1%

NTRA NATERA INC 3.2%

Value ($000) $40,908 (+290.6%) Shares 178,567 (+174.5%) Est. Cost $190.88 Unrealized +9.3%

RMD RESMED INC 3.0%

Value ($000) $38,385 (+211.3%) Shares 159,358 (+253.8%) Est. Cost $250.80 Unrealized +1.8%

TSLA TESLA INC 3.1%

Value ($000) $39,207 (+169.0%) Shares 87,180 (+166.1%) Est. Cost $402.80 Unrealized +10.1%

APPF APPFOLIO INC 2.3%

Value ($000) $29,852 (+206.1%) Shares 128,314 (+262.7%) Est. Cost $238.13 Unrealized -0.2%

IBKR INTERACTIVE BROKERS GROUP IN 2.5%

Value ($000) $31,766 (+155.8%) Shares 493,957 (+173.7%) Est. Cost $65.39 Unrealized +2.3%

PLTR PALANTIR TECHNOLOGIES INC 2.8%

Value ($000) $36,176 (+110.9%) Shares 203,519 (+116.5%) Est. Cost $172.27 Unrealized +5.1%

DASH DOORDASH INC 2.7%

Value ($000) $34,050 (+121.2%) Shares 150,345 (+165.6%) Est. Cost $219.20 Unrealized +7.0%

RKLB ROCKET LAB CORP 2.5%

Value ($000) $31,582 (+114.7%) Shares 452,728 (+47.5%) Est. Cost $49.21 Unrealized +16.5%

HOOD ROBINHOOD MKTS INC 2.4%

Value ($000) $30,699 (+100.9%) Shares 271,433 (+154.3%) Est. Cost $97.61 Unrealized +33.2%

ANET ARISTA NETWORKS INC 2.7%

Value ($000) $33,907 (+74.3%) Shares 258,771 (+93.8%) Est. Cost $117.44 Unrealized +17.2%

APP APPLOVIN CORP 3.3%

Value ($000) $41,662 (+46.3%) Shares 61,829 (+56.0%) Est. Cost $449.34 Unrealized +40.2%

ORCL ORACLE CORP 2.6%

Value ($000) $32,763 (+61.2%) Shares 168,092 (+132.6%) Est. Cost $205.15 Unrealized +16.0%

NFLX NETFLIX INC 2.3%

Value ($000) $28,986 (+58.5%) Shares 309,152 (+1927.2%) Est. Cost $108.13 Unrealized -0.3%

RDDT REDDIT INC 2.1%

Value ($000) $27,383 (+62.7%) Shares 119,125 (+62.8%) Est. Cost $206.49 Unrealized +1.8%

TTD THE TRADE DESK INC 1.3%

Value ($000) $17,087 (+118.7%) Shares 450,119 (+182.4%) Est. Cost $51.10 Unrealized -13.3%

COIN COINBASE GLOBAL INC 1.5%

Value ($000) $19,785 (+70.5%) Shares 87,492 (+154.4%) Est. Cost $314.13 Unrealized -5.1%

UI UBIQUITI INC 1.8%

Value ($000) $22,651 (+33.4%) Shares 40,934 (+59.2%) Est. Cost $466.86 Unrealized +35.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	821,821 (+213.1%)	$153,270 (+213.0%)	12.0%	$173.94	+7.0%	COM	67066G104
CART	MAPLEBEAR INC	1,359,107 (+601.0%)	$61,133 (+757.7%)	4.8%	$41.37	-1.1%	COM	565394103
META	META PLATFORMS INC	118,104 (+206.4%)	$77,959 (+175.4%)	6.1%	$669.29	-0.3%	CL A	30303M102
AFRM	AFFIRM HLDGS INC	731,252 (+350.2%)	$54,427 (+358.5%)	4.3%	$72.89	-1.3%	COM CL A	00827B106
TOST	TOAST INC	1,409,764 (+492.4%)	$50,061 (+476.2%)	3.9%	$36.40	-1.0%	CL A	888787108
EXEL	EXELIXIS INC	1,094,466 (+441.0%)	$47,970 (+474.1%)	3.8%	$40.42	+2.3%	COM	30161Q104
MEDP	MEDPACE HLDGS INC	83,962 (+211.0%)	$47,157 (+239.8%)	3.7%	$500.88	+13.3%	COM	58506Q109
AR	ANTERO RESOURCES CORP	1,146,775 (+372.5%)	$39,518 (+385.2%)	3.1%	$34.58	-2.1%	COM	03674X106
NTRA	NATERA INC	178,567 (+174.5%)	$40,908 (+290.6%)	3.2%	$190.88	+9.3%	COM	632307104
RMD	RESMED INC	159,358 (+253.8%)	$38,385 (+211.3%)	3.0%	$250.80	+1.8%	COM	761152107
TSLA	TESLA INC	87,180 (+166.1%)	$39,207 (+169.0%)	3.1%	$402.80	+10.1%	COM	88160R101
APPF	APPFOLIO INC	128,314 (+262.7%)	$29,852 (+206.1%)	2.3%	$238.13	-0.2%	COM CL A	03783C100
IBKR	INTERACTIVE BROKERS GROUP IN	493,957 (+173.7%)	$31,766 (+155.8%)	2.5%	$65.39	+2.3%	COM CL A	45841N107
PLTR	PALANTIR TECHNOLOGIES INC	203,519 (+116.5%)	$36,176 (+110.9%)	2.8%	$172.27	+5.1%	CL A	69608A108
DASH	DOORDASH INC	150,345 (+165.6%)	$34,050 (+121.2%)	2.7%	$219.20	+7.0%	CL A	25809K105
RKLB	ROCKET LAB CORP	452,728 (+47.5%)	$31,582 (+114.7%)	2.5%	$49.21	+16.5%	COM	773121108
HOOD	ROBINHOOD MKTS INC	271,433 (+154.3%)	$30,699 (+100.9%)	2.4%	$97.61	+33.2%	COM CL A	770700102
ANET	ARISTA NETWORKS INC	258,771 (+93.8%)	$33,907 (+74.3%)	2.7%	$117.44	+17.2%	COM SHS	040413205
APP	APPLOVIN CORP	61,829 (+56.0%)	$41,662 (+46.3%)	3.3%	$449.34	+40.2%	COM CL A	03831W108
ORCL	ORACLE CORP	168,092 (+132.6%)	$32,763 (+61.2%)	2.6%	$205.15	+16.0%	COM	68389X105
NFLX	NETFLIX INC	309,152 (+1927.2%)	$28,986 (+58.5%)	2.3%	$108.13	-0.3%	COM	64110L106
RDDT	REDDIT INC	119,125 (+62.8%)	$27,383 (+62.7%)	2.1%	$206.49	+1.8%	CL A	75734B100
TTD	THE TRADE DESK INC	450,119 (+182.4%)	$17,087 (+118.7%)	1.3%	$51.10	-13.3%	COM CL A	88339J105
COIN	COINBASE GLOBAL INC	87,492 (+154.4%)	$19,785 (+70.5%)	1.5%	$314.13	-5.1%	COM CL A	19260Q107
UI	UBIQUITI INC	40,934 (+59.2%)	$22,651 (+33.4%)	1.8%	$466.86	+35.5%	COM	90353W103

Exited Positions (5)

CRWD CROWDSTRIKE HLDGS INC 1.1%

Value ($000) $14,543 Shares 29,656 Est. Cost $391.17 Unrealized +30.2%

ABNB AIRBNB INC 0.9%

Value ($000) $11,715 Shares 96,480 Est. Cost $133.22 Unrealized -6.5%

DKNG DRAFTKINGS INC NEW 0.7%

Value ($000) $8,641 Shares 231,052 Est. Cost $41.46 Unrealized -20.7%

PCTY PAYLOCITY HLDG CORP 0.6%

Value ($000) $7,811 Shares 49,041 Est. Cost $192.72 Unrealized -22.8%

CPAY CORPAY INC 0.6%

Value ($000) $7,218 Shares 25,058 Est. Cost $358.71 Unrealized -19.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CRWD	CROWDSTRIKE HLDGS INC	29,656	$14,543	1.1%	$391.17	+30.2%	—	22788C105
ABNB	AIRBNB INC	96,480	$11,715	0.9%	$133.22	-6.5%	—	009066101
DKNG	DRAFTKINGS INC NEW	231,052	$8,641	0.7%	$41.46	-20.7%	—	26142V105
PCTY	PAYLOCITY HLDG CORP	49,041	$7,811	0.6%	$192.72	-22.8%	—	70438V106
CPAY	CORPAY INC	25,058	$7,218	0.6%	$358.71	-19.1%	—	219948106