Keenan Capital, LLC

CIK 1647363 · View on SEC EDGAR ↗

Portfolio value
$505.8M
#3,747 of 9,443 by 13F value · top 39.7%
Positions
11
As of
June 30, 2026

Portfolio value QoQ: +6.7% 13F does not disclose cash

Top 10 holdings weight
95.24%
Top 25 holdings weight
100.00%
Positions above 1%
11
Effective number of positions
9.1

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 17.37% Est. buys $85,097,656 · sells $93,377,500

Median holding: 3.0 quarters Tracked Q4 2024–Q2 2026 · 64.7% still held

New positions
3
Increased
1
Decreased
4
Closed
1
On this page

Performance vs S&P 500

Tracked Q1 2025–Q2 2026
-0.3%
S&P 500 total return (same window)
+37.0%
Excess return
-37.3%

Annualized: -0.2% · S&P 500: +28.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 93.1% · Options excluded: 0.0%

Sector breakdown

Technology
61.1%
Retail
18.2%
Financials
9.3%
Financial Services
6.1%
Communication Services
5.3%

Full portfolio 11 positions

Type Streak 8Q trend
APP Applovin Corporation - Class A Common Stock $98,524,857 19.48% 191,225 $22,417,307
GLBE Global-E Online Ltd. - ordinary shares $67,906,249 13.43% 1,955,262 $10,362,916 Up ×1
APPF AppFolio, Inc. - Class A Common Stock $53,646,215 10.61% 334,557 $846,429
DT Dynatrace, Inc. Common Stock $49,454,955 9.78% 1,126,280 $-11,470,852 Down ×1
ARX Accelerant Holdings Class A Common Shares $46,797,058 9.25% 3,992,923 $-6,548,393
SAIL SailPoint, Inc. - Common Stock $41,901,422 8.28% 2,862,119 $-14,784,460 Down ×1
GDDY GoDaddy Inc. Class A Common Stock $39,693,283 7.85% 467,640 $-10,241,960 Down ×1
TOST Toast, Inc. Class A Common Stock $31,046,536 6.14% 1,115,979 Up ×1
GOOG Alphabet Inc. - Class C Capital Stock $26,853,080 5.31% 76,000 Up ×1
WDAY Workday, Inc. - Class A Common Stock $25,860,123 5.11% 211,241 $-17,954,228 Down ×1
AMZN Amazon.com, Inc. - Common Stock $24,072,340 4.76% 101,000 Up ×1

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
TOST $31,046,536 1,115,979 6.14%
GOOG $26,853,080 76,000 5.31%
AMZN $24,072,340 101,000 4.76%

Top movers (QoQ)

Security Action Shares Δ Value Δ
APP Price move only +0 +$22.4M
WDAY Trimmed -126K -$18.0M
SAIL Trimmed -1.4M -$14.8M
DT Trimmed -521K -$11.5M
GLBE Bought more +90K +$10.4M
GDDY Trimmed -136K -$10.2M
ARX Price move only +0 -$6.5M
APPF Price move only +0 +$846K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
MLNK Dec. 31, 2025 2,815,242 $56,107,773 No longer tracked
NCNO June 30, 2025 1,053,783 $28,947,419 -28.1%
SMAR March 31, 2025 466,887 $26,159,679 No longer tracked
CWAN June 30, 2026 960,212 $22,709,014 No longer tracked
JAMF March 31, 2026 1,120,000 $14,571,200 No longer tracked
TTAN June 30, 2025 24,887 $2,367,003 -14.8%