Circumference Group LLC

Q3 2025 13F-HR Holdings

Location
Little Rock, AR
Holdings as of
9/30/2025
Date filed
11/14/2025
Form type
13F-HR
Num holdings
24
Total value ($000)
$89,474
Net value change ($000)
-6,911 (-7.2%)
New positions
3
Sold out positions
4
Turnover %
24.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/14/2025 Next filing: 2/17/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
WIX 4,106 172.7%
CNM 2,692 NEW
IASGBX 1,668 57.3%
EPAM 1,659 NEW
GLOB 1,607 NEW
UPWK 1,454 26.4%
ICLR 1,409 40.4%
GTM 577 14.8%
KFY 483 15.0%
ONTF 103 5.4%
Top Reduces (Value $000, Stocks/ETFs)
INFA -5,601 -100.0%
BASE -4,920 -100.0%
DAVA -3,214 -64.3%
AVDX -2,692 -100.0%
TDC -1,646 -23.8%
PATH -1,574 -30.7%
EXTR -1,514 -21.4%
TIXT -1,452 -100.0%
TWLO -1,426 -17.1%
FIVN -770 -24.2%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 4,313 (4.8% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type