Hudson Way Capital Management LLC Diversified Active

CIK: 0001697597 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $1,257,976 (100.0% shares, 0.0% debt)

Holdings (17)

New Positions (1)

RKT ROCKET COS INC 3.1%

Value ($000) $38,559 Shares 1,991,696 Est. Cost $17.88 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RKT	ROCKET COS INC	1,991,696	$38,559	3.1%	$17.88	0.0%	COM CL A	77311W101

Increased Positions (9)

GIL GILDAN ACTIVEWEAR INC 6.9%

Value ($000) $86,875 (+51.0%) Shares 1,390,893 (+39.7%) Est. Cost $55.14 Unrealized +7.8%

SPGI S&P GLOBAL INC 6.5%

Value ($000) $81,784 (+34.2%) Shares 156,498 (+25.0%) Est. Cost $463.95 Unrealized +6.5%

AXON AXON ENTERPRISE INC 4.2%

Value ($000) $52,284 (+52.4%) Shares 92,060 (+92.6%) Est. Cost $629.90 Unrealized -1.5%

HLT HILTON WORLDWIDE HLDGS INC 7.7%

Value ($000) $97,237 (+19.9%) Shares 338,510 (+8.3%) Est. Cost $224.99 Unrealized +21.0%

V VISA INC 7.6%

Value ($000) $95,895 (+16.3%) Shares 273,431 (+13.2%) Est. Cost $300.13 Unrealized +13.4%

SPOT SPOTIFY TECHNOLOGY S A 2.8%

Value ($000) $34,596 (+25.0%) Shares 59,575 (+50.2%) Est. Cost $338.57 Unrealized +84.6%

TDG TRANSDIGM GROUP INC 7.7%

Value ($000) $97,482 (+7.5%) Shares 73,303 (+6.6%) Est. Cost $922.23 Unrealized +42.1%

APPF APPFOLIO INC 3.8%

Value ($000) $47,194 (-11.6%) Shares 202,853 (+4.8%) Est. Cost $268.64 Unrealized -11.5%

GWRE GUIDEWIRE SOFTWARE INC 5.0%

Value ($000) $62,697 (+7.8%) Shares 311,912 (+23.3%) Est. Cost $178.41 Unrealized +24.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GIL	GILDAN ACTIVEWEAR INC	1,390,893 (+39.7%)	$86,875 (+51.0%)	6.9%	$55.14	+7.8%	COM	375916103
SPGI	S&P GLOBAL INC	156,498 (+25.0%)	$81,784 (+34.2%)	6.5%	$463.95	+6.5%	COM	78409V104
AXON	AXON ENTERPRISE INC	92,060 (+92.6%)	$52,284 (+52.4%)	4.2%	$629.90	-1.5%	COM	05464C101
HLT	HILTON WORLDWIDE HLDGS INC	338,510 (+8.3%)	$97,237 (+19.9%)	7.7%	$224.99	+21.0%	COM	43300A203
V	VISA INC	273,431 (+13.2%)	$95,895 (+16.3%)	7.6%	$300.13	+13.4%	COM CL A	92826C839
SPOT	SPOTIFY TECHNOLOGY S A	59,575 (+50.2%)	$34,596 (+25.0%)	2.8%	$338.57	+84.6%	SHS	L8681T102
TDG	TRANSDIGM GROUP INC	73,303 (+6.6%)	$97,482 (+7.5%)	7.7%	$922.23	+42.1%	COM	893641100
APPF	APPFOLIO INC	202,853 (+4.8%)	$47,194 (-11.6%)	3.8%	$268.64	-11.5%	COM CL A	03783C100
GWRE	GUIDEWIRE SOFTWARE INC	311,912 (+23.3%)	$62,697 (+7.8%)	5.0%	$178.41	+24.0%	COM	40171V100

Decreased Positions (7)

IBKR INTERACTIVE BROKERS GROUP IN 0.8%

Value ($000) $10,082 (-74.2%) Shares 156,775 (-72.4%) Est. Cost $42.49 Unrealized +57.4%

LKQ LKQ CORP 1.8%

Value ($000) $23,082 (-47.9%) Shares 764,297 (-47.3%) Est. Cost $38.66 Unrealized -22.4%

KKR KKR & CO INC 13.0%

Value ($000) $163,706 (-10.2%) Shares 1,284,168 (-8.5%) Est. Cost $87.64 Unrealized +41.8%

TYL TYLER TECHNOLOGIES INC 3.6%

Value ($000) $44,795 (-15.4%) Shares 98,678 (-2.5%) Est. Cost $482.26 Unrealized -1.2%

CHDN CHURCHILL DOWNS INC 9.4%

Value ($000) $118,083 (+6.7%) Shares 1,037,822 (-9.0%) Est. Cost $119.98 Unrealized -13.8%

SSNC SS&C TECHNOLOGIES HLDGS INC 8.3%

Value ($000) $104,835 (-2.6%) Shares 1,199,215 (-1.1%) Est. Cost $68.65 Unrealized +24.2%

SGI SOMNIGROUP INTERNATIONAL INC 7.9%

Value ($000) $98,790 (+2.8%) Shares 1,106,515 (-2.9%) Est. Cost $51.43 Unrealized +69.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IBKR	INTERACTIVE BROKERS GROUP IN	156,775 (-72.4%)	$10,082 (-74.2%)	0.8%	$42.49	+57.4%	COM CL A	45841N107
LKQ	LKQ CORP	764,297 (-47.3%)	$23,082 (-47.9%)	1.8%	$38.66	-22.4%	COM	501889208
KKR	KKR & CO INC	1,284,168 (-8.5%)	$163,706 (-10.2%)	13.0%	$87.64	+41.8%	COM	48251W104
TYL	TYLER TECHNOLOGIES INC	98,678 (-2.5%)	$44,795 (-15.4%)	3.6%	$482.26	-1.2%	COM	902252105
CHDN	CHURCHILL DOWNS INC	1,037,822 (-9.0%)	$118,083 (+6.7%)	9.4%	$119.98	-13.8%	COM	171484108
SSNC	SS&C TECHNOLOGIES HLDGS INC	1,199,215 (-1.1%)	$104,835 (-2.6%)	8.3%	$68.65	+24.2%	COM	78467J100
SGI	SOMNIGROUP INTERNATIONAL INC	1,106,515 (-2.9%)	$98,790 (+2.8%)	7.9%	$51.43	+69.9%	COM	88023U101