Darsana Capital Partners’s Guidewire Software GWRE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$598M	Buy	4,000,000 +1,500,000	+60%	+$228M	12.74%	2
2025 Q4	$503M	Buy	2,500,000 +500,000	+25%	+$111M	10.02%	3
2025 Q3	$460M	Hold	2,000,000	–	–	10.83%	2
2025 Q2	$471M	Sell	2,000,000 -300,000	-13%	-$64.5M	13.45%	1
2025 Q1	$431M	Hold	2,300,000	–	–	12.52%	2
2024 Q4	$388M	Hold	2,300,000	–	–	11.8%	2
2024 Q3	$421M	Sell	2,300,000 -950,000	-29%	-$144M	10.36%	2
2024 Q2	$448M	Hold	3,250,000	–	–	12.25%	1
2024 Q1	$379M	Sell	3,250,000 -250,000	-7%	-$28.6M	12.19%	1
2023 Q4	$382M	Buy	3,500,000 +1,000,000	+40%	+$95.4M	13.62%	1
2023 Q3	$225M	Hold	2,500,000	–	–	11.03%	5
2023 Q2	$190M	Hold	2,500,000	–	–	12.27%	6
2023 Q1	$205M	Hold	2,500,000	–	–	13.81%	2
2022 Q4	$156M	Hold	2,500,000	–	–	10.43%	5
2022 Q3	$154M	Hold	2,500,000	–	–	7.91%	6
2022 Q2	$177M	Hold	2,500,000	–	–	9.56%	5
2022 Q1	$237M	Hold	2,500,000	–	–	12%	5
2021 Q4	$284M	Hold	2,500,000	–	–	13.12%	4
2021 Q3	$297M	Hold	2,500,000	–	–	9.79%	4
2021 Q2	$282M	Hold	2,500,000	–	–	8.43%	4
2021 Q1	$254M	Buy	2,500,000 +250,000	+11%	+$29.1M	7.1%	5
2020 Q4	$290M	Buy	2,250,000 +1,000,000	+80%	+$114M	8.18%	4
2020 Q3	$130M	Buy	1,250,000 +304,104	+32%	+$34.2M	6.63%	10
2020 Q2	$105M	Buy	+945,896	New	+$90.9M	6.22%	7