Linonia Partnership LP Long-Term Concentrated

CIK: 0001985479 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $4,419,492 (100.0% shares, 0.0% debt)

Holdings (12)

New Positions (4)

SATS ECHOSTAR CORP 15.1%

Value ($000) $665,146 Shares 6,119,103 Est. Cost $81.43 Unrealized 0.0%

LLYVK LIBERTY LIVE HOLDINGS INC 10.8%

Value ($000) $477,897 Shares 5,746,719 Est. Cost $85.87 Unrealized 0.0%

FICO FAIR ISAAC CORP 4.7%

Value ($000) $207,872 Shares 122,956 Est. Cost $1721.38 Unrealized 0.0%

LLYVA LIBERTY LIVE HOLDINGS INC 4.6%

Value ($000) $203,664 Shares 2,498,950 Est. Cost $83.24 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SATS	ECHOSTAR CORP	6,119,103	$665,146	15.1%	$81.43	0.0%	CL A	278768106
LLYVK	LIBERTY LIVE HOLDINGS INC	5,746,719	$477,897	10.8%	$85.87	0.0%	COM SHS SER C	530909308
FICO	FAIR ISAAC CORP	122,956	$207,872	4.7%	$1721.38	0.0%	COM	303250104
LLYVA	LIBERTY LIVE HOLDINGS INC	2,498,950	$203,664	4.6%	$83.24	0.0%	COM SER A	530909100

Increased Positions (1)

GWRE GUIDEWIRE SOFTWARE INC 24.4%

Value ($000) $1,077,962 (+8.8%) Shares 5,362,728 (+24.4%) Est. Cost $163.58 Unrealized +35.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GWRE	GUIDEWIRE SOFTWARE INC	5,362,728 (+24.4%)	$1,077,962 (+8.8%)	24.4%	$163.58	+35.2%	COM	40171V100

Exited Positions (2)

— LIBERTY MEDIA CORP DEL 12.6%

Value ($000) $557,259 Shares 5,746,719 Est. Cost $40.96 Unrealized —

— LIBERTY MEDIA CORP DEL 5.3%

Value ($000) $235,651 Shares 2,498,950 Est. Cost $40.84 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	LIBERTY MEDIA CORP DEL	5,746,719	$557,259	12.6%	$40.96	—	—	531229722
—	LIBERTY MEDIA CORP DEL	2,498,950	$235,651	5.3%	$40.84	—	—	531229748

Decreased Positions (1)

VEEV VEEVA SYS INC 14.1%

Value ($000) $625,048 (-29.4%) Shares 2,800,018 (-5.7%) Est. Cost $233.99 Unrealized +13.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEEV	VEEVA SYS INC	2,800,018 (-5.7%)	$625,048 (-29.4%)	14.1%	$233.99	+13.4%	CL A COM	922475108

Unchanged Positions (6)

SGI SOMNIGROUP INTERNATIONAL INC 17.7%

Value ($000) $783,704 Shares 8,778,047 Est. Cost $53.55 Unrealized +63.1%

LYV LIVE NATION ENTERTAINMENT IN 2.2%

Value ($000) $95,915 Shares 673,090 Est. Cost $136.52 Unrealized +5.3%

FWONA LIBERTY MEDIA CORP DEL 4.3%

Value ($000) $189,312 Shares 2,118,059 Est. Cost $67.47 Unrealized —

FWONK LIBERTY MEDIA CORP DEL 1.6%

Value ($000) $70,561 Shares 716,285 Est. Cost $64.35 Unrealized —

SHAK SHAKE SHACK INC 0.2%

Value ($000) $7,752 Shares 95,502 Est. Cost $61.32 Unrealized +43.8%

TDG TRANSDIGM GROUP INC 0.3%

Value ($000) $14,658 Shares 11,022 Est. Cost $802.78 Unrealized +63.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SGI	SOMNIGROUP INTERNATIONAL INC	8,778,047	$783,704	17.7%	$53.55	+63.1%	COM	88023U101
LYV	LIVE NATION ENTERTAINMENT IN	673,090	$95,915	2.2%	$136.52	+5.3%	COM	538034109
FWONA	LIBERTY MEDIA CORP DEL	2,118,059	$189,312	4.3%	$67.47	—	COM LBTY ONE S A	531229771
FWONK	LIBERTY MEDIA CORP DEL	716,285	$70,561	1.6%	$64.35	—	COM LBTY ONE S C	531229755
SHAK	SHAKE SHACK INC	95,502	$7,752	0.2%	$61.32	+43.8%	CL A	819047101
TDG	TRANSDIGM GROUP INC	11,022	$14,658	0.3%	$802.78	+63.3%	COM	893641100