Circumference Group LLC Diversified Active

CIK: 0001742372 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $92,792 (100.0% shares, 0.0% debt)

Holdings (22)

New Positions (4)

RPD RAPID7 INC 4.1%

Value ($000) $3,800 Shares 250,000 Est. Cost $16.46 Unrealized 0.0%

AVTR AVANTOR INC 3.8%

Value ($000) $3,495 Shares 305,000 Est. Cost $12.31 Unrealized 0.0%

YEXT YEXT INC 1.7%

Value ($000) $1,594 Shares 197,800 Est. Cost $5.95 Unrealized +41.7%

TDC TERADATA CORP DEL 1.6%

Value ($000) $1,522 Shares 50,000 Est. Cost $34.64 Unrealized -24.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RPD	RAPID7 INC	250,000	$3,800	4.1%	$16.46	0.0%	COM	753422104
AVTR	AVANTOR INC	305,000	$3,495	3.8%	$12.31	0.0%	COM	05352A100
YEXT	YEXT INC	197,800	$1,594	1.7%	$5.95	+41.7%	PUT	98585N106
TDC	TERADATA CORP DEL	50,000	$1,522	1.6%	$34.64	-24.5%	PUT	88076W103

Increased Positions (11)

PATH UIPATH INC 6.8%

Value ($000) $6,310 (+78.0%) Shares 385,000 (+45.3%) Est. Cost $15.32 Unrealized +1.6%

WIX WIX COM LTD 4.5%

Value ($000) $4,156 (-35.9%) Shares 40,000 (+9.6%) Est. Cost $151.87 Unrealized -20.4%

CNM CORE & MAIN INC 5.0%

Value ($000) $4,677 (+73.8%) Shares 90,000 (+80.0%) Est. Cost $56.44 Unrealized -9.1%

GLOB GLOBANT S A 3.0%

Value ($000) $2,746 (+70.9%) Shares 42,000 (+50.0%) Est. Cost $70.02 Unrealized -10.2%

CXM SPRINKLR INC 4.7%

Value ($000) $4,357 (+22.7%) Shares 560,000 (+21.7%) Est. Cost $10.61 Unrealized -28.3%

EPAM EPAM SYS INC 2.6%

Value ($000) $2,459 (+48.2%) Shares 12,000 (+9.1%) Est. Cost $165.35 Unrealized +7.8%

UPWK UPWORK INC 8.2%

Value ($000) $7,631 (+9.6%) Shares 385,000 (+2.7%) Est. Cost $12.60 Unrealized +45.5%

RGP RESOURCES CONNECTION INC 7.5%

Value ($000) $7,002 (+7.5%) Shares 1,389,243 (+7.8%) Est. Cost $10.45 Unrealized -54.3%

AMPL AMPLITUDE INC 3.0%

Value ($000) $2,756 (+17.9%) Shares 238,000 (+9.2%) Est. Cost $9.08 Unrealized +15.9%

GTM ZOOMINFO TECHNOLOGIES INC 5.0%

Value ($000) $4,627 (+3.4%) Shares 455,000 (+11.0%) Est. Cost $12.34 Unrealized -16.6%

KFY KORN FERRY 4.0%

Value ($000) $3,691 (-0.3%) Shares 55,900 (+5.7%) Est. Cost $55.67 Unrealized +20.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PATH	UIPATH INC	385,000 (+45.3%)	$6,310 (+78.0%)	6.8%	$15.32	+1.6%	CL A	90364P105
WIX	WIX COM LTD	40,000 (+9.6%)	$4,156 (-35.9%)	4.5%	$151.87	-20.4%	SHS	M98068105
CNM	CORE & MAIN INC	90,000 (+80.0%)	$4,677 (+73.8%)	5.0%	$56.44	-9.1%	CL A	21874C102
GLOB	GLOBANT S A	42,000 (+50.0%)	$2,746 (+70.9%)	3.0%	$70.02	-10.2%	COM	L44385109
CXM	SPRINKLR INC	560,000 (+21.7%)	$4,357 (+22.7%)	4.7%	$10.61	-28.3%	CL A	85208T107
EPAM	EPAM SYS INC	12,000 (+9.1%)	$2,459 (+48.2%)	2.6%	$165.35	+7.8%	COM	29414B104
UPWK	UPWORK INC	385,000 (+2.7%)	$7,631 (+9.6%)	8.2%	$12.60	+45.5%	COM	91688F104
RGP	RESOURCES CONNECTION INC	1,389,243 (+7.8%)	$7,002 (+7.5%)	7.5%	$10.45	-54.3%	COM	76122Q105
AMPL	AMPLITUDE INC	238,000 (+9.2%)	$2,756 (+17.9%)	3.0%	$9.08	+15.9%	COM CL A	03213A104
GTM	ZOOMINFO TECHNOLOGIES INC	455,000 (+11.0%)	$4,627 (+3.4%)	5.0%	$12.34	-16.6%	COMMON STOCK	98980F104
KFY	KORN FERRY	55,900 (+5.7%)	$3,691 (-0.3%)	4.0%	$55.67	+20.1%	COM NEW	500643200

Exited Positions (6)

— INTEGRAL AD SCIENCE HLDNG CO 4.9%

Value ($000) $4,577 Shares 450,000 Est. Cost $9.37 Unrealized —

— UIPATH INC 2.9%

Value ($000) $2,676 Shares 200,000 Est. Cost — Unrealized —

— VIMEO INC 2.7%

Value ($000) $2,519 Shares 325,000 Est. Cost $4.04 Unrealized —

DAVA ENDAVA PLC 1.9%

Value ($000) $1,788 Shares 196,500 Est. Cost $22.94 Unrealized —

— ZOOMINFO TECHNOLOGIES INC 1.8%

Value ($000) $1,637 Shares 150,000 Est. Cost — Unrealized —

KLTR KALTURA INC 0.6%

Value ($000) $576 Shares 400,000 Est. Cost $1.73 Unrealized -8.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	INTEGRAL AD SCIENCE HLDNG CO	450,000	$4,577	4.9%	$9.37	—	—	45828L108
—	UIPATH INC	200,000	$2,676	2.9%	—	—	CALL	90364P905
—	VIMEO INC	325,000	$2,519	2.7%	$4.04	—	—	92719V100
DAVA	ENDAVA PLC	196,500	$1,788	1.9%	$22.94	—	—	29260V105
—	ZOOMINFO TECHNOLOGIES INC	150,000	$1,637	1.8%	—	—	CALL	98980F904
KLTR	KALTURA INC	400,000	$576	0.6%	$1.73	-8.5%	—	483467106

Decreased Positions (5)

TWLO TWILIO INC 10.0%

Value ($000) $9,246 (+33.9%) Shares 65,000 (-5.8%) Est. Cost $74.23 Unrealized +66.9%

FIVN FIVE9 INC 1.3%

Value ($000) $1,203 (-50.0%) Shares 60,000 (-39.7%) Est. Cost $35.67 Unrealized -40.5%

YEXT YEXT INC 4.7%

Value ($000) $4,375 (-14.1%) Shares 542,800 (-9.2%) Est. Cost $5.95 Unrealized +41.7%

ONTF ON24 INC 2.4%

Value ($000) $2,222 (+9.7%) Shares 279,151 (-21.2%) Est. Cost $6.94 Unrealized -18.3%

TDC TERADATA CORP DEL 5.7%

Value ($000) $5,327 (+1.1%) Shares 175,000 (-28.6%) Est. Cost $34.64 Unrealized -24.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TWLO	TWILIO INC	65,000 (-5.8%)	$9,246 (+33.9%)	10.0%	$74.23	+66.9%	CL A	90138F102
FIVN	FIVE9 INC	60,000 (-39.7%)	$1,203 (-50.0%)	1.3%	$35.67	-40.5%	COM	338307101
YEXT	YEXT INC	542,800 (-9.2%)	$4,375 (-14.1%)	4.7%	$5.95	+41.7%	COM	98585N106
ONTF	ON24 INC	279,151 (-21.2%)	$2,222 (+9.7%)	2.4%	$6.94	-18.3%	COM	68339B104
TDC	TERADATA CORP DEL	175,000 (-28.6%)	$5,327 (+1.1%)	5.7%	$34.64	-24.5%	COM	88076W103

Unchanged Positions (2)

EXTR EXTREME NETWORKS 4.8%

Value ($000) $4,496 Shares 270,000 Est. Cost $13.63 Unrealized +34.7%

ICLR ICON PLC 5.5%

Value ($000) $5,102 Shares 28,000 Est. Cost $145.48 Unrealized +22.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EXTR	EXTREME NETWORKS	270,000	$4,496	4.8%	$13.63	+34.7%	COM	30226D106
ICLR	ICON PLC	28,000	$5,102	5.5%	$145.48	+22.4%	SHS	G4705A100