Norwood Investment Partners, LP Diversified Active

CIK: 0001888610 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $88,812 (100.0% shares, 0.0% debt)

Holdings (15)

New Positions (3)

ACVA ACV AUCTIONS INC 4.4%

Value ($000) $3,892 Shares 485,307 Est. Cost $8.09 Unrealized 0.0%

PRTH PRIORITY TECHNOLOGY HLDGS IN 3.9%

Value ($000) $3,433 Shares 629,869 Est. Cost $6.19 Unrealized 0.0%

DSP VIANT TECHNOLOGY INC 1.3%

Value ($000) $1,186 Shares 98,511 Est. Cost $9.99 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ACVA	ACV AUCTIONS INC	485,307	$3,892	4.4%	$8.09	0.0%	COM CL A	00091G104
PRTH	PRIORITY TECHNOLOGY HLDGS IN	629,869	$3,433	3.9%	$6.19	0.0%	COM	74275G107
DSP	VIANT TECHNOLOGY INC	98,511	$1,186	1.3%	$9.99	0.0%	COM CL A	92557A101

Increased Positions (3)

DRVN DRIVEN BRANDS HLDGS INC 9.5%

Value ($000) $8,447 (+119.0%) Shares 570,000 (+138.1%) Est. Cost $15.50 Unrealized -4.0%

FSV FIRSTSERVICE CORP NEW 7.0%

Value ($000) $6,221 (+63.3%) Shares 40,000 (+100.0%) Est. Cost $167.79 Unrealized -3.2%

GFL GFL ENVIRONMENTAL INC 14.4%

Value ($000) $12,796 (+2.0%) Shares 297,920 (+12.5%) Est. Cost $46.22 Unrealized -3.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DRVN	DRIVEN BRANDS HLDGS INC	570,000 (+138.1%)	$8,447 (+119.0%)	9.5%	$15.50	-4.0%	COM	26210V102
FSV	FIRSTSERVICE CORP NEW	40,000 (+100.0%)	$6,221 (+63.3%)	7.0%	$167.79	-3.2%	COM	33767E202
GFL	GFL ENVIRONMENTAL INC	297,920 (+12.5%)	$12,796 (+2.0%)	14.4%	$46.22	-3.4%	SUB VTG SHS	36168Q104

Exited Positions (3)

THRY THRYV HLDGS INC 8.0%

Value ($000) $7,146 Shares 592,534 Est. Cost $12.91 Unrealized -38.7%

PAR PAR TECHNOLOGY CORP 4.8%

Value ($000) $4,275 Shares 108,000 Est. Cost $46.59 Unrealized -22.5%

CLBT CELLEBRITE DI LTD 4.8%

Value ($000) $4,274 Shares 230,671 Est. Cost $15.71 Unrealized +14.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
THRY	THRYV HLDGS INC	592,534	$7,146	8.0%	$12.91	-38.7%	—	886029206
PAR	PAR TECHNOLOGY CORP	108,000	$4,275	4.8%	$46.59	-22.5%	—	698884103
CLBT	CELLEBRITE DI LTD	230,671	$4,274	4.8%	$15.71	+14.3%	—	M2197Q107

Decreased Positions (7)

CWAN CLEARWATER ANALYTICS HLDGS I 4.3%

Value ($000) $3,835 (-75.1%) Shares 159,000 (-81.4%) Est. Cost $22.52 Unrealized -11.1%

KSPI KASPI KZ JSC 4.2%

Value ($000) $3,730 (-56.5%) Shares 47,746 (-54.6%) Est. Cost $84.58 Unrealized —

MGNI MAGNITE INC 6.0%

Value ($000) $5,356 (-42.8%) Shares 330,000 (-23.3%) Est. Cost $14.73 Unrealized +12.7%

FLYW FLYWIRE CORPORATION 9.4%

Value ($000) $8,327 (-28.5%) Shares 588,083 (-31.7%) Est. Cost $15.29 Unrealized -10.5%

EEFT EURONET WORLDWIDE INC 4.4%

Value ($000) $3,920 (-34.8%) Shares 51,500 (-24.8%) Est. Cost $97.92 Unrealized -20.4%

APG API GROUP CORP 19.2%

Value ($000) $17,064 (-10.8%) Shares 446,000 (-19.8%) Est. Cost $22.63 Unrealized +63.4%

AMRZ AMRIZE LTD 4.5%

Value ($000) $3,991 (+5.2%) Shares 73,800 (-5.6%) Est. Cost $50.99 Unrealized +0.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CWAN	CLEARWATER ANALYTICS HLDGS I	159,000 (-81.4%)	$3,835 (-75.1%)	4.3%	$22.52	-11.1%	CL A	185123106
KSPI	KASPI KZ JSC	47,746 (-54.6%)	$3,730 (-56.5%)	4.2%	$84.58	—	SPONSORED ADS	48581R205
MGNI	MAGNITE INC	330,000 (-23.3%)	$5,356 (-42.8%)	6.0%	$14.73	+12.7%	COM	55955D100
FLYW	FLYWIRE CORPORATION	588,083 (-31.7%)	$8,327 (-28.5%)	9.4%	$15.29	-10.5%	COM VTG	302492103
EEFT	EURONET WORLDWIDE INC	51,500 (-24.8%)	$3,920 (-34.8%)	4.4%	$97.92	-20.4%	COM	298736109
APG	API GROUP CORP	446,000 (-19.8%)	$17,064 (-10.8%)	19.2%	$22.63	+63.4%	COM STK	00187Y100
AMRZ	AMRIZE LTD	73,800 (-5.6%)	$3,991 (+5.2%)	4.5%	$50.99	+0.1%	SHS	H2927K103

Unchanged Positions (2)

TFII TFI INTL INC 3.7%

Value ($000) $3,307 Shares 32,000 Est. Cost $110.02 Unrealized -15.4%

DSGR DISTRIBUTION SOLUTIONS GROUP INC. COMMON STOCK 3.7%

Value ($000) $3,306 Shares 120,700 Est. Cost $24.43 Unrealized +15.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TFII	TFI INTL INC	32,000	$3,307	3.7%	$110.02	-15.4%	COM	87241L109
DSGR	DISTRIBUTION SOLUTIONS GROUP INC. COMMON STOCK	120,700	$3,306	3.7%	$24.43	+15.1%	COM	520776105