You're signed outSign in or to get full access.
Nine Ten Capital Management LLC
Nine Ten Capital Management LLC is an SEC-registered investment adviser based in Evanston, Illinois. It was founded in 2014 and manages investments primarily for institutional clients, utilizing a focused, value-oriented investment strategy. As of early 2025, the firm has approximately 4 employees and manages several hundred million dollars in assets. Their clients include investment partnerships and institutions.
Investment Strategy
Nine Ten Capital Management LLC pursues a concentrated, value-driven strategy focused on discovering and investing in small- and mid-cap companies with strong business fundamentals, sustainable competitive advantages, and attractive risk-reward profiles. The firm conducts deep fundamental research aiming for long-term capital appreciation for its investors. Portfolio positions are typically held for extended periods, reflecting a patient and research-intensive approach rather than frequent trading.
Latest 13F Filing Activity
Nine Ten Capital Management LLC filed their most recent 13F report on Jun 30, 2025 disclosing 8 equity positions with a total 13F market value of $336M. The fund increased holdings in Magnite Inc., Agilysys Inc., Composecure Inc. among other positions. Nine Ten Capital Management LLC reduced exposure to Nv5 Global Inc., Cellebrite Di LTD, Franklin Covey Co. among others.
Top Holdings
Equity Positions (8)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MGNI | MAGNITE INC | 20.51% | $68.9M | 2,858,583 | $11.45 | $24.12 | +$37.7M |
I IRMD | IRADIMED CORP | 15.51% | $52.1M | 872,003 | $26.64 | $59.79 | +$6.4M |
A AGYS | AGILYSYS INC | 12.39% | $41.6M | 363,239 | $59.92 | $114.64 | +$19.9M |
S SNEX | STONEX GROUP INC | 12.04% | $40.5M | 443,986 | $48.05 | $91.14 | +$1.3M |
C CLBT | CELLEBRITE DI LTD | 10.10% | $33.9M | 2,121,534 | $9.89 | $16.00 | -$4.9M |
Industry Allocation
Investment Team (3)
| Name | Role | Location | |
|---|---|---|---|
 | Research Analyst | Chicago, IL , United States | |
 | Principal | Chicago, IL , United States | |
 | Research Analyst | Chicago, IL , United States |
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more