FERNBRIDGE CAPITAL MANAGEMENT LP

CIK 1827734 · View on SEC EDGAR ↗

Portfolio value
$1.4B
#1,978 of 9,443 by 13F value · top 20.9%
Positions
16
As of
June 30, 2026

Portfolio value QoQ: -12.5% 13F does not disclose cash

Top 10 holdings weight
83.76%
Top 25 holdings weight
100.00%
Positions above 1%
16
Effective number of positions
10.0

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 10.59% Est. buys $154,922,976 · sells $212,924,770

Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 44.4% still held

New positions
2
Increased
8
Decreased
6
Closed
3
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
-24.9%
S&P 500 total return (same window)
+28.1%
Excess return
-53.0%

Annualized: -17.4% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 0.0%

Sector breakdown

Technology
56.7%
Financial Services
13.1%
Retail
10.3%
Industrials
9.7%
Communication Services
4.8%
Paper & Forest
3.2%
Consumer Discretionary
2.0%

Full portfolio 16 positions

Type Streak 8Q trend
CRM Salesforce, Inc. Common Stock $302,129,933 22.11% 1,928,571 $-58,042,739 Down ×1
V Visa Inc. $141,802,528 10.38% 413,310 $26,863,981 Up ×4
PTC PTC Inc. - Common Stock $125,097,107 9.16% 1,101,110 $-59,489,284 Down ×1
WDAY Workday, Inc. - Class A Common Stock $123,475,628 9.04% 1,008,623 $-19,835,486 Down ×2
INTU Intuit Inc. - Common Stock $108,383,121 7.93% 415,261 $-107,429,411 Down ×1
AMZN Amazon.com, Inc. - Common Stock $90,322,756 6.61% 378,966 $14,882,155 Up ×1
XYL Xylem Inc. Common Stock New $67,688,701 4.95% 572,614 $3,542,893 Up ×3
SPOT Spotify Technology S.A. Ordinary Shares $66,034,831 4.83% 143,826 $33,230,669 Up ×1
CNM Core & Main, Inc. Class A Common Stock $64,899,193 4.75% 1,345,061 $6,955,512 Up ×1
AVGO Broadcom Inc. - Common Stock $54,548,233 3.99% 144,403 $8,538,024 Down ×1
PFGC Performance Food Group Company Common Stock $50,415,949 3.69% 450,988 $16,102,866 Up ×1
LPX Louisiana-Pacific Corporation Common Stock $44,140,452 3.23% 561,155 $14,669,645 Up ×1
NVDA NVIDIA Corporation - Common Stock $38,781,044 2.84% 193,818 Up ×1
COF Capital One Financial Corporation Common Stock $37,768,320 2.76% 188,258 $-4,295,842 Down ×2
DASH DoorDash, Inc. - Common Stock $27,882,114 2.04% 151,098 $15,403,748 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $22,850,292 1.67% 47,847

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
V $141,802,528 10.38% up ×4
XYL $67,688,701 4.95% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
NVDA $38,781,044 193,818 2.84%
TSM $22,850,292 47,847 1.67%

Top movers (QoQ)

Security Action Shares Δ Value Δ
INTU Trimmed -84K -$107.4M
PTC Trimmed -194K -$59.5M
CRM Trimmed -891 -$58.0M
SPOT Bought more +76K +$33.2M
V Bought more +33K +$26.9M
WDAY Trimmed -94K -$19.8M
PFGC Bought more +50K +$16.1M
DASH Bought more +68K +$15.4M
AMZN Bought more +17K +$14.9M
LPX Bought more +156K +$14.7M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
UBER March 31, 2025 2,376,906 $143,374,970 9.4%
TTEK June 30, 2026 3,400,775 $102,431,343 26.9%
MSFT June 30, 2025 210,485 $79,013,964 -2.9%
VMC Dec. 31, 2025 232,566 $71,541,953 -4.7%
TRU Sept. 30, 2025 720,659 $63,417,992 0.8%
GOOGL March 31, 2025 306,086 $57,942,080 121.8%
TMUS March 31, 2025 260,275 $57,450,501 -31.6%
TSM March 31, 2026 180,401 $54,822,060 22.2%
DKNG March 31, 2025 1,323,130 $49,220,436 -21.5%
FLUT Dec. 31, 2025 178,577 $45,358,558 -52.5%
TMUS March 31, 2026 211,337 $42,909,864 -13.1%
LYV March 31, 2026 288,367 $41,092,298 21.7%
DASH Sept. 30, 2025 161,454 $39,800,026 -18.5%
CMG March 31, 2025 622,123 $37,514,017 -31.7%
XYZ Sept. 30, 2025 547,620 $37,199,827 11.9%
BKNG June 30, 2026 7,350 $30,945,852 19.3%
META March 31, 2025 48,577 $28,442,319 -5.1%
XYZ March 31, 2026 435,815 $28,367,198 34.4%
ASML March 31, 2025 38,501 $26,684,273 164.6%
TTD Sept. 30, 2025 363,775 $26,188,162 -72.5%
CHTR Dec. 31, 2025 91,887 $25,278,573 -26.7%
CHTR March 31, 2025 66,445 $22,775,353 -58.5%
GOOGL Dec. 31, 2025 86,275 $20,973,453 9.6%
UBER March 31, 2026 196,312 $16,040,654 10.8%
WMS Sept. 30, 2025 130,565 $14,996,696 4.5%
APP June 30, 2026 34,631 $13,783,138 -38.6%
DKNG Dec. 31, 2025 279,860 $10,466,764 -24.3%
NFLX March 31, 2026 109,370 $10,254,531 -16.1%