1y return−8.1%S&P 500 +20.9%
3y return+68.5%S&P 500 +68.5%
5y return+33.0%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2017: $358 against $280 in the S&P 500.2
Keenan Capital, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| APPApplovin Corp | $98.5M | 19.5% | |
| Global E Online LtdCUSIP M5216V106 | $67.9M | 13.4% | +4.8% |
| APPFAppfolio Inc | $53.6M | 10.6% | |
| DTDynatrace Inc | $49.5M | 9.8% | −31.6% |
| Accelerant HoldingsCUSIP G00894108 | $46.8M | 9.3% | |
| SAILSailpoint Inc | $41.9M | 8.3% | −33.2% |
| GDDYGodaddy Inc | $39.7M | 7.8% | −22.6% |
| TOSTToast Inc | $31.0M | 6.1% | New |
| GOOGAlphabet Inc | $26.9M | 5.3% | New |
| WDAYWorkday Inc | $25.9M | 5.1% | −37.4% |
| AMZNAmazon Com Inc | $24.1M | 4.8% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| APPApplovin Corp | June 30, 2021 | +585.4% | $98.5M |
| GDDYGodaddy Inc | June 30, 2020 | +15.8% | $39.7M |
| DTDynatrace Inc | June 30, 2020 | +8.2% | $49.5M |
| APPFAppfolio Inc | March 31, 2026 | +1.6% | $53.6M |
| Global E Online LtdCUSIP M5216V106 | June 30, 2024 | −4.2% | $67.9M |
| SAILSailpoint Inc | March 31, 2025 | −21.9% | $41.9M |
| Accelerant HoldingsCUSIP G00894108 | December 31, 2025 | −28.3% | $46.8M |
| WDAYWorkday Inc | June 30, 2020 | −34.7% | $25.9M |
Sold off last quarter
- Clearwater Analytics Hldgs ICUSIP 185123106 was $22.7M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +6.2% | +14.8% |
| March 31, 2026 | −25.4% | −4.6% |
| December 31, 2025 | −3.8% | +2.4% |
| September 30, 2025 | +20.6% | +7.8% |
| June 30, 2025 | +4.1% | +10.5% |
| March 31, 2025 | −14.8% | −4.6% |
| December 31, 2024 | +32.9% | +2.1% |
| September 30, 2024 | +17.0% | +5.4% |
| June 30, 2024 | +4.4% | +4.0% |
| March 31, 2024 | +4.5% | +10.0% |
| December 31, 2023 | +20.1% | +11.2% |
| September 30, 2023 | +1.4% | −3.6% |
| June 30, 2023 | +11.1% | +8.3% |
| March 31, 2023 | +9.2% | +7.0% |
| December 31, 2022 | +2.6% | +7.1% |
| September 30, 2022 | −1.8% | −5.3% |
| June 30, 2022 | −26.1% | −16.5% |
| March 31, 2022 | −10.9% | −4.9% |
| December 31, 2021 | +6.3% | +10.7% |
| September 30, 2021 | −7.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Keenan Capital, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1647363&type=13F-HR&dateb=&owner=include&count=40CIK 1647363
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1647363/000142050626001689/Filed August 14, 2026 · accession 0001420506-26-001689