RGM Capital, LLC
Filing Date
Global Rank
#1,128
/ 7,976
▼ 55
Top Industry
Software - Application
43.9%
3Y Alpha vs SPY
-24.8%
Period ended 9 months ago
Filed Nov 13, 2025 · 7mo
23 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
-11.6%
SPY
+76.3%
Annualised alpha
-24.8%
Max drawdown
−40.9%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
18 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025Top Position
9.4%
−0.8 pts
Top 5
39.0%
−0.2 pts
Top 10
71.4%
+3.3 pts
HHI
641
Diversified+18
Portfolio Trend
23 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 72.4% | $1,550,953,610 |
| Healthcare | 19.4% | $415,969,376 |
| Real Estate | 8.2% | $176,561,352 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
12 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| TENB | Tenable Holdings, Inc. | +503,121 | 4,468,156 | $130,291,428 | |
| SPSC | Sps Commerce Inc | +182,845 | 219,085 | $22,815,511 | |
| JKHY | Jack Henry & Associates Inc | +172,976 | 595,057 | $88,621,839 | |
| ESTC | Elastic N.V. | +170,501 | 1,669,698 | $141,072,784 | |
| PCOR | Procore Technologies, Inc. | +113,674 | 2,074,411 | $151,266,050 | |
| TECH | BIO-TECHNE Corp | +100,000 | 2,300,052 | $127,951,892 | |
| DT | Dynatrace, Inc. | +88,940 | 4,141,041 | $200,633,436 | |
| RVTY | Revvity, Inc. | +88,900 | 1,689,388 | $148,074,858 | |
| NOW | ServiceNow, Inc. | +60,000 | 157,094 | $28,914,093 | |
| VEEV | Veeva Systems Inc | +35,064 | 469,748 | $139,942,626 | |
| ENTG | Entegris Inc | +29,303 | 1,474,701 | $136,350,854 | |
| TYL | Tyler Technologies Inc | +1,607 | 289,870 | $151,648,389 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
6 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| PD | PagerDuty, Inc. | −1,461,310 | 4,194,782 | $69,297,798 | |
| VRNS | Varonis Systems Inc | −49,000 | 2,699,513 | $155,141,012 | |
| BOX | Box Inc | −33,000 | 3,078,648 | $99,347,970 | |
| CSGP | Costar Group, Inc. | −30,000 | 2,092,703 | $176,561,352 | |
| GWRE | Guidewire Software, Inc. | −6,300 | 457,456 | $105,150,836 | |
| MANH | Manhattan Associates Inc | −2,700 | 343,456 | $70,401,610 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exited
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| NICE | NICE Ltd. | 684,441 | $115,608,929 | |
| No positions match the current search. | ||||
18 positions ·
$2,143,484,338 total
· as of Sep 30, 2025
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| DT |
Dynatrace, Inc.
Technology
|
Added | 4,141,041 | $200,633,436 | 9.36% | |
| CSGP |
Costar Group, Inc.
Real Estate
|
Reduced | 2,092,703 | $176,561,352 | 8.24% | |
| VRNS |
Varonis Systems Inc
Technology
|
Reduced | 2,699,513 | $155,141,012 | 7.24% | |
| TYL |
Tyler Technologies Inc
Technology
|
Added | 289,870 | $151,648,389 | 7.07% | |
| PCOR |
Procore Technologies, Inc.
Technology
|
Added | 2,074,411 | $151,266,050 | 7.06% | |
| RVTY |
Revvity, Inc.
Healthcare
|
Added | 1,689,388 | $148,074,858 | 6.91% | |
| ESTC |
Elastic N.V.
Technology
|
Added | 1,669,698 | $141,072,784 | 6.58% | |
| VEEV |
Veeva Systems Inc
Healthcare
|
Added | 469,748 | $139,942,626 | 6.53% | |
| ENTG |
Entegris Inc
Technology
|
Added | 1,474,701 | $136,350,854 | 6.36% | |
| TENB |
Tenable Holdings, Inc.
Technology
|
Added | 4,468,156 | $130,291,428 | 6.08% | |
| TECH |
BIO-TECHNE Corp
Healthcare
|
Added | 2,300,052 | $127,951,892 | 5.97% | |
| GWRE |
Guidewire Software, Inc.
Technology
|
Reduced | 457,456 | $105,150,836 | 4.91% | |
| BOX |
Box Inc
Technology
|
Reduced | 3,078,648 | $99,347,970 | 4.63% | |
| JKHY |
Jack Henry & Associates Inc
Technology
|
Added | 595,057 | $88,621,839 | 4.13% | |
| MANH |
Manhattan Associates Inc
Technology
|
Reduced | 343,456 | $70,401,610 | 3.28% | |
| PD |
PagerDuty, Inc.
Technology
|
Reduced | 4,194,782 | $69,297,798 | 3.23% | |
| NOW |
ServiceNow, Inc.
Technology
|
Added | 157,094 | $28,914,093 | 1.35% | |
| SPSC |
Sps Commerce Inc
Technology
|
Added | 219,085 | $22,815,511 | 1.06% |