# HMI Capital Management, L.P.: Form 13F holdings

An institutional investment manager in SAN FRANCISCO, CA. SEC CIK 1469026.

- Quarter ended: 2026-06-30
- Filed: 2026-08-14
- Reported value: $712.4m
- Positions: 14 (14 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1469026/000146902626000005/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [AMAZON COM INC (AMZN)](/companies/amzn.md) | COM | $101.5m | 14.3% | 425,950 |  | Reduced −103,200 |
| [TOAST INC (TOST)](/companies/tost.md) | CL A | $97.5m | 13.7% | 3,504,744 |  | Reduced −310,239 |
| [NCINO INC (NCNO)](/companies/ncno.md) | COM | $81.6m | 11.5% | 4,990,713 |  | Reduced −1,787,315 |
| [COUPANG INC (CPNG)](/companies/cpng.md) | CL A | $76.7m | 10.8% | 4,415,300 |  | Reduced −1,465,800 |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $61.7m | 8.7% | 165,300 |  | Reduced −14,400 |
| [TRADEWEB MKTS INC (TW)](/companies/tw.md) | CL A | $45.4m | 6.4% | 455,400 |  | Reduced −8,300 |
| SPOTIFY TECHNOLOGY S A | SHS | $42.0m | 5.9% | 91,500 |  | New +91,500 |
| [SERVICENOW INC (NOW)](/companies/now.md) | COM | $41.3m | 5.8% | 416,100 |  | Added +166,300 |
| [ADVANCED MICRO DEVICES INC (AMD)](/companies/amd.md) | COM | $34.2m | 4.8% | 58,800 |  | New +58,800 |
| [LPL FINL HLDGS INC (LPLA)](/companies/lpla.md) | COM | $33.4m | 4.7% | 118,600 |  | New +118,600 |
| [NVIDIA CORPORATION (NVDA)](/companies/nvda.md) | COM | $32.6m | 4.6% | 162,800 |  | New +162,800 |
| [DOORDASH INC (DASH)](/companies/dash.md) | CL A | $26.5m | 3.7% | 143,400 |  | New +143,400 |
| [COUPANG INC (CPNG)](/companies/cpng.md) | CL A | $26.1m | 3.7% | 1,500,000 | Call | New +1,500,000 |
| [APPFOLIO INC (APPF)](/companies/appf.md) | COM CL A | $12.0m | 1.7% | 75,000 |  | New +75,000 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [FAIR ISAAC CORP (FICO)](/companies/fico.md) | COM | $0 | 0.0% | 0 |  | Sold out −26,600 |
| [GITLAB INC (GTLB)](/companies/gtlb.md) | CLASS A COM | $0 | 0.0% | 0 |  | Sold out −2,651,677 |
| KLARNA GROUP PLC | SHS | $0 | 0.0% | 0 |  | Sold out −4,123,719 |
| [ROBLOX CORP (RBLX)](/companies/rblx.md) | CL A | $0 | 0.0% | 0 |  | Sold out −767,300 |

Source: SEC EDGAR, Form 13F-HR, accession 0001469026-26-000005. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.