Spyglass Capital Management Portfolio holdings
Spyglass Capital Management runs a concentrated, long-only growth strategy, putting money mainly into U.S. stocks. The firm was founded in 2015 and is mainly owned by James Robillard, who is also its chief investment officer. Its Spyglass Growth Fund took in two Jackson Square growth funds, a small-and-mid-cap fund in November 2025 and a large-cap fund in December 2025.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
QXO Inc
QXO
|
+$67.8M |
| 2 |
CoStar Group
CSGP
|
+$54.5M |
| 3 |
Chime Financial
CHYM
|
+$40.9M |
| 4 |
MKS Inc
MKSI
|
+$37.1M |
| 5 |
Forgent Power Solutions
FPS
|
+$32.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Kinsale Capital Group
KNSL
|
+$46.8M |
| 2 |
nCino
NCNO
|
+$46.2M |
| 3 |
Roblox
RBLX
|
+$44.1M |
| 4 |
Credo Technology Group
CRDO
|
+$37.6M |
| 5 |
Ascendis Pharma A/S
ASND
|
+$35.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 45.42% |
| 2 | Industrials | 16.21% |
| 3 | Consumer Discretionary | 11.2% |
| 4 | Healthcare | 10.93% |
| 5 | Financials | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Affirm
AFRM
$22.9B
| $125M | 6.79% |
1,537,840
-124,485
| -7% | -$8.14M |
2021 Q3
19 quarters
|
|
|
2
Credo Technology Group
CRDO
$25.6B
| $109M | 5.91% |
401,503
-190,487
| -32% | -$37.6M |
2025 Q4
2 quarters
|
|
3
Samsara
IOT
$24.4B
| $100M | 5.42% |
3,085,655
+139,009
| +5% | +$4.3M |
2025 Q3
3 quarters
|
|
4
Aaon
AAON
$6.37B
| $98.5M | 5.33% |
776,629
-82,211
| -10% | -$9.6M |
2025 Q1
5 quarters
|
|
5
Applovin
APP
$130B
| $98.4M | 5.33% |
191,028
+24,471
| +15% | +$11.8M |
2021 Q3
19 quarters
|
|
6
Fair Isaac
FICO
$15.3B
| $89.5M | 4.85% |
74,948
+18,598
| +33% | +$20.8M |
2025 Q3
3 quarters
|
|
7
Shift4
FOUR
$3.43B
| $89.2M | 4.83% |
1,833,803
+82,663
| +5% | +$3.57M |
2023 Q3
11 quarters
|
|
8
Snowflake
SNOW
$105B
| $84M | 4.55% |
330,011
-22,257
| -6% | -$4.1M |
2023 Q4
10 quarters
|
|
9
Illumina
ILMN
$33.2B
| $80.7M | 4.37% |
458,767
+133,718
| +41% | +$19.6M |
2024 Q4
6 quarters
|
|
|
10
CoStar Group
CSGP
$12.1B
| $76.3M | 4.13% |
2,694,697
+1,583,473
| +142% | +$54.5M |
2023 Q4
10 quarters
|
|
11
MongoDB
MDB
$26.9B
| $75M | 4.06% |
223,226
-29,948
| -12% | -$8.98M |
2024 Q2
8 quarters
|
|
12
DoorDash
DASH
$75.8B
| $73.5M | 3.98% |
398,484
+100,308
| +34% | +$16.6M |
2023 Q3
11 quarters
|
|
|
13
Chime Financial
CHYM
$12.4B
| $69.8M | 3.78% |
3,406,249
+2,109,057
| +163% | +$40.9M |
2026 Q1
1 quarter
|
|
14
Global E Online
GLBE
$7.11B
| $68M | 3.68% |
1,958,379
+20,610
| +1% | +$652K |
2023 Q1
13 quarters
|
|
15
HubSpot
HUBS
$10B
| $67.8M | 3.67% |
371,365
+57,443
| +18% | +$12M |
2023 Q4
10 quarters
|
|
16
Carvana
CVNA
$82B
| $65.3M | 3.54% |
992,632
+155,677
| +19% | +$11M |
2025 Q4
2 quarters
|
|
17
Medpace
MEDP
$18.6B
| $63.7M | 3.45% |
120,365
+64,610
| +116% | +$29.8M |
2023 Q1
13 quarters
|
|
|
18
QXO Inc
QXO
$14B
| $63M | 3.41% |
+3,643,593
| New | +$67.8M |
2026 Q2
0 quarters
|
|
19
Cadence Design Systems
CDNS
$91.2B
| $59.1M | 3.2% |
157,335
-76,012
| -33% | -$26.6M |
2025 Q2
4 quarters
|
|
|
20
Ascendis Pharma A/S
ASND
$17.1B
| $57.5M | 3.11% |
215,398
-152,574
| -41% | -$35.6M |
2025 Q3
3 quarters
|
|
|
21
MKS Inc
MKSI
$14.7B
| $52.7M | 2.85% |
+118,526
| New | +$37.1M |
2026 Q2
0 quarters
|
|
22
Loar Holdings
LOAR
$7.24B
| $49.3M | 2.67% |
611,657
+27,524
| +5% | +$1.75M |
2025 Q3
3 quarters
|
|
23
APi Group
APG
$18.3B
| $49.2M | 2.67% |
1,162,808
-108,291
| -9% | -$4.73M |
2023 Q3
11 quarters
|
|
24
Procore
PCOR
$11.2B
| $42.8M | 2.32% |
1,052,908
+47,537
| +5% | +$2.35M |
2023 Q3
11 quarters
|
|
|
25
Forgent Power Solutions
FPS
$6.22B
| $39.4M | 2.13% |
+705,361
| New | +$32.2M |
2026 Q2
0 quarters
|
|
Similar funds
Spyglass Capital Management's Q2 2026 Portfolio in Review
As of Q2 2026, Spyglass Capital Management held 28 positions worth $1.85B, up 31% from $1.41B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Spyglass Capital Management deployed $94.1M of net new capital in Q2 2026, opening 3 new positions and adding to 14 existing holdings. Its largest new stake was QXO Inc: 3,643,593 shares worth $63M.
By sector, the portfolio is most concentrated in Technology at 45% of assets, down from 47% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Credo Technology Group, an estimated $37.6M trimmed.
- Spyglass Capital Management's largest Q2 2026 buy was QXO Inc: 3,643,593 shares worth $63M.
- Spyglass Capital Management added most to CoStar Group in Q2 2026, an estimated $54.5M increase.
- Spyglass Capital Management's biggest Q2 2026 reduction was Credo Technology Group, cutting an estimated $37.6M.
- Spyglass Capital Management fully exited Kinsale Capital Group in Q2 2026, selling an estimated $46.8M.
- Spyglass Capital Management's ten largest holdings make up 51% of its $1.85B portfolio in Q2 2026.
- Spyglass Capital Management opened 3 new positions and closed 3 in Q2 2026.
- Spyglass Capital Management's portfolio value rose 31% quarter-over-quarter to $1.85B.
Based on Spyglass Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.