HMI Capital Management, L.P.: GITLAB INC (GTLB): Quarterly 13F Position History
As of Q1 2026, HMI Capital Management, L.P. reported 2,651,677 shares of GITLAB INC (GTLB), worth $57.4M and representing 7.6% of its 13F equity book. Quarter-over-quarter share count change: 1,637,404 (-38.2%) . The position first appeared in Q1 2022 and has been disclosed across 17 13F-HR filings in Pactolio's tracked window.
- 2,651,677Shares Held (Latest Filing)
- $57.4MReported Market Value (Latest Filing)
- 7.6%Portfolio Weight (% of 13F Equity Book)
- 1,637,404Quarter-over-Quarter Share Change
- -$103.6MQuarter-over-Quarter Value Change
- 7,406,153Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 17 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,651,677 | 1,637,404 | -38.2% | $57.4M | 7.6% | $21.6 |
| Q4 2025 | 4,289,081 | 2,177,369 | -33.7% | $161.0M | 13.2% | $37.5 |
| Q3 2025 | 6,466,450 | +607,824 | +10.4% | $291.5M | 16.8% | $45.1 |
| Q2 2025 | 5,858,626 | +1,430,151 | +32.3% | $264.3M | 15.0% | $45.1 |
| Q1 2025 | 4,428,475 | 37,640 | -0.8% | $208.1M | 11.3% | $47.0 |
| Q4 2024 | 4,466,115 | 366,913 | -7.6% | $251.7M | 12.6% | $56.4 |
| Q3 2024 | 4,833,028 | 243,640 | -4.8% | $249.1M | 10.3% | $51.5 |
| Q2 2024 | 5,076,668 | +474,728 | +10.3% | $252.4M | 9.6% | $49.7 |
| Q1 2024 | 4,601,940 | +198,839 | +4.5% | $268.4M | 9.9% | $58.3 |
| Q4 2023 | 4,403,101 | 2,861,012 | -39.4% | $277.2M | 12.0% | $63.0 |
| Q3 2023 | 7,264,113 | 142,040 | -1.9% | $328.5M | 12.6% | $45.2 |
| Q2 2023 | 7,406,153 | +2,594,437 | +53.9% | $378.5M | 13.4% | $51.1 |
| Q1 2023 | 4,811,716 | +2,828,113 | +142.6% | $165.0M | 6.4% | $34.3 |
| Q4 2022 | 1,983,603 | 24,514 | -1.2% | $90.1M | 3.9% | $45.4 |
| Q3 2022 | 2,008,117 | 661,263 | -24.8% | $102.9M | 3.9% | $51.2 |
| Q2 2022 | 2,669,380 | +1,234,380 | +86.0% | $141.9M | 5.7% | $53.1 |
| Q1 2022 | 1,435,000 | — | — | $78.1M | 2.3% | $54.5 |
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 GTLB position in 13F-HR filings?
HMI Capital Management, L.P. first reported GITLAB INC (GTLB) on its 13F-HR filing for the period ending 2022-03-31 (Q1 2022). The position has appeared on 17 reported quarters within Pactolio's tracked window.
What was HMI Capital Management, L.P.'s most recent quarter-over-quarter share-count change in GTLB?
Between Q4 2025 and Q1 2026, HMI Capital Management, L.P. reduced its GTLB position by 1,637,404 shares (-38.2%), leaving 2,651,677 shares at a market value of $57.4M.
Does the implied price-per-share represent HMI Capital Management, L.P.'s cost basis in GTLB?
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.