Long Path Partners Q2 2026 Investment Activity
Long Path Partners LP maintained a Technology-heavy portfolio in Q2 2026, increasing positions in companies like SPS COMM INC (SPSC) and VEEVA SYS INC (VEEV), while reducing holdings of I3 VERTICALS INC (IIIV).
Portfolio Overview
The portfolio managed by Long Path Partners LP as of Long Path Partners Lp, valued at $234.6 million, remains heavily concentrated in the Technology sector.
Technology Sector Focus & Changes
Across all Technology holdings, Long Path Partners LP maintains a dominant position with approximately 92.56% of its portfolio allocated to this sector as of June 30th, 2026.
- Their largest holding by value is NCINO INC (NCNO), which decreased in shares (-17.66%) during the quarter.
- Other significant Technology positions include ALKAMI TECHNOLOGY INC (ALKT) and MESA LABS INC (MLAB), both showing substantial share increases.
- SPS COMM INC (SPSC) saw a remarkable increase in its position, with shares growing by 100% quarter-over-quarter.
- CORPAY INC (CPAY), PROCORE TECHNOLOGIES INC (PCOR), and TYLER TECHNOLOGIES INC (TYL) also reduced their holdings slightly.
Diversification into Healthcare
The investor has allocated a small portion of the portfolio to Healthcare, specifically investing in VEEVA SYS INC (VEEV). This position increased significantly by 60.25% during Q2.
Industrials Exposure
The portfolio includes a minimal exposure to Industrials through the holding of TRANSDIGM GROUP INC (TDG). This position decreased slightly by -6.17%.
Significant Transactions
The most notable transactions this quarter involved:
- A large reduction in shares of I3 VERTICALS INC (IIIV), with a -73.73% change.
- A substantial increase in the position for SPS COMM INC (SPSC) by 100%.
- A significant addition to the portfolio via a large purchase of shares in VEEVA SYS INC (VEEV).