Nine Ten Capital Management LLC Portfolio Holdings by Sector

Nine Ten Capital Management LLC

Industry	Value	Buys	Sells	New Positions	Closed Positions	Options
Software—Application \| Technology SPNS AGYS 2 stocks	$87,646 23.13% of portfolio	-	-	-	-	0 Calls 0 Puts
Advertising Agencies \| Communication Services MGNI 1 stocks	$62,259 16.43% of portfolio	-	-	-	-	0 Calls 0 Puts
Medical Devices \| Healthcare IRMD 1 stocks	$54,891 14.49% of portfolio	-	1	-	-	0 Calls 0 Puts
Software—Infrastructure \| Technology CLBT 1 stocks	$45,949 12.13% of portfolio	1	-	-	-	0 Calls 0 Puts
Metal Fabrication \| Industrials CMPO 1 stocks	$44,207 11.67% of portfolio	1	-	-	-	0 Calls 0 Puts
Capital Markets \| Financial Services SNEX 1 stocks	$42,132 11.12% of portfolio	-	1	-	-	0 Calls 0 Puts
Specialty Retail \| Consumer Cyclical WINA 1 stocks	$41,762 11.02% of portfolio	-	-	-	-	0 Calls 0 Puts

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