HMI Capital Management, L.P.: FAIR ISAAC CORP (FICO): Quarterly 13F Position History
As of Q1 2026, HMI Capital Management, L.P. reported 26,600 shares of FAIR ISAAC CORP (FICO), worth $28.4M and representing 3.8% of its 13F equity book. Quarter-over-quarter share count change: 20,450 (-43.5%) . The position first appeared in Q4 2025 and has been disclosed across 2 13F-HR filings in Pactolio's tracked window.
- 26,600Shares Held (Latest Filing)
- $28.4MReported Market Value (Latest Filing)
- 3.8%Portfolio Weight (% of 13F Equity Book)
- 20,450Quarter-over-Quarter Share Change
- -$51.1MQuarter-over-Quarter Value Change
- 47,050Peak Reported Shares (Historical)
Recent initiation: HMI Capital Management, L.P. first reported FICO on the Q4 2025 filing — fewer than three quarters of history are available.
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 2 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 26,600 | 20,450 | -43.5% | $28.4M | 3.8% | $1067.5 |
| Q4 2025 | 47,050 | — | — | $79.5M | 6.5% | $1690.6 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did HMI Capital Management, L.P. first disclose a FICO position in 13F-HR filings?
HMI Capital Management, L.P. first reported FAIR ISAAC CORP (FICO) on its 13F-HR filing for the period ending 2025-12-31 (Q4 2025). The position has appeared on 2 reported quarters within Pactolio's tracked window.
What was HMI Capital Management, L.P.'s most recent quarter-over-quarter share-count change in FICO?
Between Q4 2025 and Q1 2026, HMI Capital Management, L.P. reduced its FICO position by 20,450 shares (-43.5%), leaving 26,600 shares at a market value of $28.4M.
Does the implied price-per-share represent HMI Capital Management, L.P.'s cost basis in FICO?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.