Tensile Capital Management LP

Position in QTWO — Q2 Holdings, Inc.

CIK 1598843 LARKSPUR, CA

Position in QTWO

as of Mar 31, 2026 · filed May 15, 2026 Compact

Position Value

$42,085,979

-$6,966,007 QoQ

Shares Held

889,767

+30.9% QoQ

Ownership

1.42%

of shares outstanding

% of Portfolio

6.09%

of 13F equity value

Holder Rank

—

not a current holder

Holding Since

Jun 2023

12 quarters on record

Voting authority Sole 100.ToString("F0")% Shared 0.ToString("F0")% None 0.ToString("F0")%

Technology · as of Mar 31, 2026

Tensile Capital Management LP holds $215,914,064 across 8 Software - Application names. QTWO ranks #2 (19.5% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	ALIT	Alight, Inc. / Delaware	3,760,472	$43,824,540
2	QTWO	Q2 Holdings, Inc. This page	889,767	$42,085,979
3	VERX	Vertex, Inc.	3,398,563	$40,408,914
4	BL	Blackline, Inc.	750,786	$27,779,082
5	CWAN	Clearwater Analytics Holdings, Inc.	879,674	$20,804,290
6	TYL	Tyler Technologies Inc	51,375	$17,589,772
7	NCNO	nCino, Inc.	1,005,142	$15,057,027
8	APPF	Appfolio Inc	53,000	$8,364,460

12 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$42,085,979	889,767	+30.9%	Shares	Sole	2026-05-15
2025-12-31	$49,051,986	679,767	-12.8%	Shares	Sole	2026-02-17
2025-09-30	$56,447,333	779,767	0.0%	Shares	Sole	2025-11-14
2025-06-30	$72,978,393	779,767	-9.5%	Shares	Sole	2025-08-14
2025-03-31	$68,949,977	861,767	-0.7%	Shares	Sole	2025-05-15
2024-12-31	$87,340,748	867,767	-7.0%	Shares	Sole	2025-02-14
2024-09-30	$74,406,823	932,767	0.0%	Shares	Sole	2024-11-14
2024-06-30	$56,273,833	932,767	0.0%	Shares	Sole	2024-08-14
2024-03-31	$49,026,233	932,767	-5.8%	Shares	Sole	2024-05-15
2023-12-31	$42,976,637	990,017	+11.7%	Shares	Sole	2024-02-14
2023-09-30	$28,607,903	886,517	+211.9%	Shares	Sole	2023-11-14
2023-06-30	$8,783,139	284,244	—	Shares	Sole	2023-08-14
No filing history on record for this holder in this stock.