Latest HMI Capital, LLC Stock Portfolio

$754Million | No. of Holdings #11

HMI Capital, LLC Performance

2026 Q1-24.87%

YTD-24.87%

2025-6.65%

About HMI Capital, LLC and 13F Hedge Fund Stock Holdings

HMI Capital Management, L.P. is a hedge fund based in San Francisco, CA. On 2026-05-15, the fund reported it's updated stock portfolio. In the 13F Holdings report, HMI Capital Management, L.P. reported an equity portfolio of $754.3 Millions as of 31 Mar, 2026. <br><br> The top stock holdings of HMI Capital Management, L.P. are CPNG, AMZN, NCNO. The fund has invested 14.7% of it's portfolio in COUPANG INC and 14.6% of portfolio in AMAZON COM INC. <br><br> The fund managers got completely rid off CLEARWATER ANALYTICS HLDGS I (CWAN) and BLUE OWL CAPITAL INC (OWL) stocks. They significantly reduced their stock positions in FAIR ISAAC CORP (FICO), GITLAB INC (GTLB) and COUPANG INC (CPNG). HMI Capital Management, L.P. opened new stock positions in MICROSOFT CORP (MSFT), ROBLOX CORP (RBLX) and SERVICENOW INC (NOW). The fund showed a lot of confidence in some stocks as they added substantially to AMAZON COM INC (AMZN) and NCINO INC (NCNO).

HMI Capital, LLC Equity Portfolio Value

Last Reported on: 15 May, 2026

$754Million

as of May 15, 2026

HMI Capital, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that HMI Capital Management, L.P. made a return of -24.87% in the last quarter. In trailing 12 months, it's portfolio return was -23.53%.

Performance
S&P 500

New Buys

Ticker	$ Bought
microsoft corp	66,519,500
roblox corp	43,398,500
servicenow inc	26,116,600

New stocks bought by HMI Capital, LLC

Additions

Ticker	% Inc.
amazon com inc	4.47
ncino inc	0.03

Additions to existing portfolio by HMI Capital, LLC

Reductions

Ticker	% Reduced
fair isaac corp	-43.46
gitlab inc	-38.18
coupang inc	-12.95
tradeweb mkts inc	-12.84
toast inc	-11.35
klarna group plc	-7.38

HMI Capital, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
clearwater analytics hldgs i	-152,909,000
blue owl capital inc	-36,042,100

HMI Capital, LLC got rid off the above stocks

Sector Distribution

HMI Capital Management, L.P. has about 50.5% of it's holdings in Technology sector.

Technology
Consumer Cyclical
Others
Financial Services
Communication Services

Sector	%
Technology	50.5
Consumer Cyclical	29.3
Others	7.2
Financial Services	7.2
Communication Services	5.8

Market Cap. Distribution

HMI Capital Management, L.P. has about 71.7% of it's portfolio invested in the large-cap and mega-cap stocks.

LARGE-CAP
MEGA-CAP
SMALL-CAP
MID-CAP
UNALLOCATED

Category	%
LARGE-CAP	48.3
MEGA-CAP	23.4
SMALL-CAP	13.5
MID-CAP	7.6
UNALLOCATED	7.2

Stocks belong to which Index?

About 30.7% of the stocks held by HMI Capital Management, L.P. either belong to S&P 500 or RUSSELL 2000 index.

Others
S&P 500

Index	%
Others	69.3
S&P 500	30.7

Top 5 Winners (%)		%
TW	tradeweb mkts inc	8.8 %

Top 5 Winners ($)		$
TW	tradeweb mkts inc	5.0 M

Top 5 Losers (%)		%
	klarna group plc	-52.7 %
NCNO	ncino inc	-41.6 %
GTLB	gitlab inc	-34.3 %
FICO	fair isaac corp	-28.9 %
TOST	toast inc	-23.9 %

Top 5 Losers ($)		$
NCNO	ncino inc	-72.2 M
	klarna group plc	-67.8 M
GTLB	gitlab inc	-55.1 M
TOST	toast inc	-36.5 M
CPNG	coupang inc	-29.8 M

HMI Capital, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of HMI Capital, LLC

HMI Capital Management, L.P. has 11 stocks in it's portfolio. NCNO proved to be the most loss making stock for the portfolio. TW was the most profitable stock for HMI Capital Management, L.P. last quarter.

$754.26MTotal Value

13.00Positions

15 May, 2026Last Reported

Current holdings of Current Stock Holdings of HMI Capital, LLC, last reported on 15 May, 2026. Select a row with a linked ticker to view its historical trend.
Holdingsorted ascending	% Portfolio	Shares Held	$ Value	% Change
AMZN Amazon Com Inc Amazon Com IncAMZN HMI Capital, LLC's holding in Amazon Com Inc over time	14.61%	529,150	$110.21M 14.61%	increased 4.47 percentadded

CPNG Coupang Inc Coupang IncCPNG HMI Capital, LLC's holding in Coupang Inc over time	14.72%	5,881,100	$111.03M 14.72%	decreased 12.95 percentreduced

CWAN Clearwater Analytics Hldgs I Clearwater Analytics Hldgs ICWAN HMI Capital, LLC's holding in Clearwater Analytics Hldgs I over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

FICO Fair Isaac Corp Fair Isaac CorpFICO HMI Capital, LLC's holding in Fair Isaac Corp over time	3.77%	26,600	$28.40M 3.77%	decreased 43.46 percentreduced

GTLB Gitlab Inc Gitlab IncGTLB HMI Capital, LLC's holding in Gitlab Inc over time	7.61%	2,651,680	$57.38M 7.61%	decreased 38.18 percentreduced

MSFT Microsoft Corp Microsoft CorpMSFT HMI Capital, LLC's holding in Microsoft Corp over time	8.82%	179,700	$66.52M 8.82%	new position

NCNO Ncino Inc Ncino IncNCNO HMI Capital, LLC's holding in Ncino Inc over time	13.46%	6,778,030	$101.53M 13.46%	increased 0.03 percentadded

NOW Servicenow Inc Servicenow IncNOW HMI Capital, LLC's holding in Servicenow Inc over time	3.46%	249,800	$26.12M 3.46%	new position

OWL Blue Owl Capital Inc Blue Owl Capital IncOWL HMI Capital, LLC's holding in Blue Owl Capital Inc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

RBLX Roblox Corp Roblox CorpRBLX HMI Capital, LLC's holding in Roblox Corp over time	5.75%	767,300	$43.40M 5.75%	new position

TOST Toast Inc Toast IncTOST HMI Capital, LLC's holding in Toast Inc over time	13.41%	3,814,980	$101.14M 13.41%	decreased 11.35 percentreduced

TW Tradeweb Mkts Inc Tradeweb Mkts IncTW HMI Capital, LLC's holding in Tradeweb Mkts Inc over time	7.23%	463,700	$54.56M 7.23%	decreased 12.84 percentreduced

Shs Klarna Group Plc Klarna Group Plc HMI Capital, LLC's holding in Klarna Group Plc over time	7.16%	4,123,720	$53.98M 7.16%	decreased 7.38 percentreduced