LONG WALK MANAGEMENT LP Diversified Active

CIK: 0001869470 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 12, 2026

Total Value ($000): $449,496 (100.0% shares, 0.0% debt)

Holdings (10)

New Positions (1)

GOOGL ALPHABET INC 7.0%

Value ($000) $31,300 Shares 100,000 Est. Cost $285.60 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	100,000	$31,300	7.0%	$285.60	0.0%	CAP STK CL A	02079K305

Increased Positions (4)

DASH DOORDASH INC 18.8%

Value ($000) $84,477 (+46.5%) Shares 373,000 (+75.9%) Est. Cost $194.33 Unrealized +20.7%

APPF APPFOLIO INC 19.8%

Value ($000) $88,814 (+11.7%) Shares 381,750 (+32.3%) Est. Cost $220.25 Unrealized +7.9%

NU NU HLDGS LTD 14.1%

Value ($000) $63,478 (+15.6%) Shares 3,792,000 (+10.6%) Est. Cost $13.11 Unrealized +22.6%

SPOT SPOTIFY TECHNOLOGY S A 3.0%

Value ($000) $13,531 (+8.9%) Shares 23,300 (+30.9%) Est. Cost $333.84 Unrealized +87.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DASH	DOORDASH INC	373,000 (+75.9%)	$84,477 (+46.5%)	18.8%	$194.33	+20.7%	CL A	25809K105
APPF	APPFOLIO INC	381,750 (+32.3%)	$88,814 (+11.7%)	19.8%	$220.25	+7.9%	COM CL A	03783C100
NU	NU HLDGS LTD	3,792,000 (+10.6%)	$63,478 (+15.6%)	14.1%	$13.11	+22.6%	ORD SHS CL A	G6683N103
SPOT	SPOTIFY TECHNOLOGY S A	23,300 (+30.9%)	$13,531 (+8.9%)	3.0%	$333.84	+87.3%	SHS	L8681T102

Decreased Positions (4)

CPNG COUPANG INC 8.8%

Value ($000) $39,513 (-58.2%) Shares 1,675,000 (-42.9%) Est. Cost $24.14 Unrealized +17.9%

NBIS NEBIUS GROUP N.V. 5.5%

Value ($000) $24,651 (-53.6%) Shares 294,500 (-37.8%) Est. Cost $34.43 Unrealized +201.0%

SE SEA LTD 6.3%

Value ($000) $28,384 (-47.9%) Shares 222,500 (-27.0%) Est. Cost $76.70 Unrealized —

AMD ADVANCED MICRO DEVICES INC 6.4%

Value ($000) $28,783 (-11.0%) Shares 134,400 (-32.8%) Est. Cost $161.38 Unrealized +39.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CPNG	COUPANG INC	1,675,000 (-42.9%)	$39,513 (-58.2%)	8.8%	$24.14	+17.9%	CL A	22266T109
NBIS	NEBIUS GROUP N.V.	294,500 (-37.8%)	$24,651 (-53.6%)	5.5%	$34.43	+201.0%	SHS CLASS A	N97284108
SE	SEA LTD	222,500 (-27.0%)	$28,384 (-47.9%)	6.3%	$76.70	—	SPONSORD ADS	81141R100
AMD	ADVANCED MICRO DEVICES INC	134,400 (-32.8%)	$28,783 (-11.0%)	6.4%	$161.38	+39.2%	COM	007903107

Unchanged Positions (1)

UI UBIQUITI INC 10.4%

Value ($000) $46,564 Shares 84,150 Est. Cost $388.50 Unrealized +62.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UI	UBIQUITI INC	84,150	$46,564	10.4%	$388.50	+62.8%	COM	90353W103