2 managers · $180M totalData: SEC EDGAR 13F · 2026Q1
Manager holders · last 4 qtrsⓘ
2
2025Q2 – 2026Q1 · -1 QoQ
Total position
$180M
Combined value across tracked managers
Net move this quarter
↓ Trimming
Weighted by holders' share change
HolderQ actionValue% of port.Style
Baillie GiffordⓘTrim-8.1%$155M0.16%Long-term growth / Global allocation
MarathonAdd+13.69%$25M0.95%Capital cycle / Contrarian value
What managers sayⓘ
2026-02-27The Capital Cycle (Marathon)BullAI eats software? (February 2026)Detail →
Earnings Callsⓘ
Q1 2026May 28, 2026
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This quarter's performance was solid, with a healthy core business. Management confirmed and accelerated the acquisition of MaintenX to expand the lifecycle data layer.
Specific financial figures were not disclosed, but management emphasized that performance met expectations and that strategic acquisitions are being accelerated.
The launch of the Forma Build Essentials low-cost version targets small and medium-sized contractors, expanding market coverage. The acquisition of MaintenX continues the company's experience in construction integration. The company has established a hybrid subscription/consumption model, emphasizing discipline and platform readiness.
MaintenX is small in scale and will not affect overall growth in the short term. In the future, the company will gradually drive its transition to a consumption model and deepen the layout of owner-operator workflows.
Positive signals: Management is highly confident in the timing and execution discipline of the acquisition. Clients remain transparent and provide positive feedback on the AI data usage strategy.