Latest HMI Capital, LLC Stock Portfolio
HMI Capital, LLC Performance:
2025 Q4: -8.36%YTD: -6.65%2024: 8.64%
Performance for 2025 Q4 is -8.36%, and YTD is -6.65%, and 2024 is 8.64%.
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 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, HMI Capital Management, L.P. reported an equity portfolio of $1.2 Billions as of 31 Dec, 2025.
The top stock holdings of HMI Capital Management, L.P. are NCNO, GTLB, CPNG. The fund has invested 14.3% of it's portfolio in NCINO INC and 13.2% of portfolio in GITLAB INC.
The fund managers got completely rid off FLUTTER ENTMT PLC, NICE LTD (NICE) and WORKDAY INC (WDAY) stocks. They significantly reduced their stock positions in BLUE OWL CAPITAL INC (OWL), GITLAB INC (GTLB) and COUPANG INC (CPNG). HMI Capital Management, L.P. opened new stock positions in AMAZON COM INC (AMZN) and FAIR ISAAC CORP (FICO). The fund showed a lot of confidence in some stocks as they added substantially to TOAST INC (TOST), TRADEWEB MKTS INC (TW) and CLEARWATER ANALYTICS HLDGS I (CWAN).
The top stock holdings of HMI Capital Management, L.P. are NCNO, GTLB, CPNG. The fund has invested 14.3% of it's portfolio in NCINO INC and 13.2% of portfolio in GITLAB INC.
The fund managers got completely rid off FLUTTER ENTMT PLC, NICE LTD (NICE) and WORKDAY INC (WDAY) stocks. They significantly reduced their stock positions in BLUE OWL CAPITAL INC (OWL), GITLAB INC (GTLB) and COUPANG INC (CPNG). HMI Capital Management, L.P. opened new stock positions in AMAZON COM INC (AMZN) and FAIR ISAAC CORP (FICO). The fund showed a lot of confidence in some stocks as they added substantially to TOAST INC (TOST), TRADEWEB MKTS INC (TW) and CLEARWATER ANALYTICS HLDGS I (CWAN).
HMI Capital, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that HMI Capital Management, L.P. made a return of -8.36% in the last quarter. In trailing 12 months, it's portfolio return was -6.65%.
- Performance
- S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| amazon com inc | 116,910,000 |
| fair isaac corp | 79,543,700 |
New stocks bought by HMI Capital, LLC
Additions
| Ticker | % Inc. |
|---|---|
| toast inc | 28.75 |
| tradeweb mkts inc | 21.32 |
| clearwater analytics hldgs i | 18.25 |
Additions to existing portfolio by HMI Capital, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| blue owl capital inc | -57.71 |
| gitlab inc | -33.67 |
| coupang inc | -20.77 |
HMI Capital, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| chime finl inc | -25,630,900 |
| flutter entmt plc | -212,702,000 |
| nice ltd | -111,537,000 |
| workday inc | -105,223,000 |
HMI Capital, LLC got rid off the above stocks
Sector Distribution
HMI Capital Management, L.P. has about 59.1% of it's holdings in Technology sector.
- Technology
- Consumer Cyclical
- Others
- Financial Services
| Sector | % |
|---|---|
| Technology | 59.1 |
| Consumer Cyclical | 22.7 |
| Others | 10.6 |
| Financial Services | 7.7 |
Market Cap. Distribution
HMI Capital Management, L.P. has about 46.5% of it's portfolio invested in the large-cap and mega-cap stocks.
- LARGE-CAP
- MID-CAP
- SMALL-CAP
- UNALLOCATED
- MEGA-CAP
| Category | % |
|---|---|
| LARGE-CAP | 36.9 |
| MID-CAP | 28.7 |
| SMALL-CAP | 14.3 |
| UNALLOCATED | 10.6 |
| MEGA-CAP | 9.6 |
Stocks belong to which Index?
About 16.1% 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 | 83.9 |
| S&P 500 | 16.1 |
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 10 stocks in it's portfolio. CPNG proved to be the most loss making stock for the portfolio. CWAN was the most profitable stock for HMI Capital Management, L.P. last quarter.
Last Reported on: 17 Feb, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AMZN | amazon com inc | 9.60 | 506,500 | 116,910,000 | new | |||
| CPNG | coupang inc | 13.08 | 6,756,100 | 159,376,000 | reduced | -20.77 | ||
| CWAN | clearwater analytics hldgs i | 12.55 | 6,339,500 | 152,909,000 | added | 18.25 | ||
| FICO | fair isaac corp | 6.53 | 47,050 | 79,543,700 | new | |||
| GTLB | gitlab inc | 13.21 | 4,289,080 | 160,969,000 | reduced | -33.67 | ||
| NCNO | ncino inc | 14.26 | 6,775,970 | 173,736,000 | unchanged | 0.00 | ||
| NICE | nice ltd | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| OWL | blue owl capital inc | 2.96 | 2,412,460 | 36,042,100 | reduced | -57.71 | ||
| TOST | toast inc | 12.54 | 4,303,480 | 152,817,000 | added | 28.75 | ||
| TW | tradeweb mkts inc | 4.70 | 532,000 | 57,211,300 | added | 21.32 | ||
| WDAY | workday inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| klarna group plc | 10.56 | 4,452,100 | 128,710,000 | unchanged | 0.00 | |||
| flutter entmt plc | 0.00 | 0.00 | 0.00 | sold off | -100 | |||
| chime finl inc | 0.00 | 0.00 | 0.00 | sold off | -100 | |||