RPD Fund Management LLC

Fundamental diversified ★Signal technology specialist (100%) CIK 1832568
Long book
$303.2M
Q1 2026
Positions
5
Top-10 weight
100%
concentration
Last quarter
-18.0%
SPY +14.8%
Turnover
57%
of book per quarter

Strategy in plain words

auto-generated from filings

RPD Fund Management LLC is a diversified fundamental manager, specialised in technology (100% of the long book), running a $303.2M US long book across 5 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ZOOMINFO TECHNOLOGIES INC, APPIAN CORP-A, NICE LTD - SPON ADR, MONDAY.COM LTD, DOMO INC - CLASS B.

Over the last 6 quarters its long book ran on average 6.3pp per quarter behind the S&P 500, beating the index in 3 of 6 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2024
-4.2%
Q1 2025
+14.2%
Q2 2025
+31.3%
Q3 2025
-6.6%
Q4 2025
-27.2%
Q1 2026
-18.0%

Sector allocation

Technology
100%

Long book by quarter

$245.6M
Q4 2024
$186.5M
Q1 2025
$226.6M
Q2 2025
$91.3M
Q3 2025
$230.4M
Q4 2025
$303.2M
Q1 2026

What does RPD Fund own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GTM ZOOMINFO TECHNOLOGIES INCTechnology17.2M$102.9M33.9%+78.6%
APPN APPIAN CORP-ATechnology3.9M$94.5M31.2%New
MNDY MONDAY.COM LTDTechnology253.6K$17.5M5.8%New
DOMO DOMO INC - CLASS BTechnology4.6M$14.1M4.7%+27.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202611$305.9M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20269$230.7M canonicalSEC ↗
Q3 202513F-HRNov 14, 20258$159.2M canonicalSEC ↗
Q2 202513F-HRAug 14, 202511$226.6M canonicalSEC ↗
Q1 202513F-HRMay 15, 202513$186.5M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202516$245.6M canonicalSEC ↗