WINDACRE PARTNERSHIP LLC
Portfolio value QoQ: +8.2% 13F does not disclose cash
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 10.69% Est. buys $1,040,057,621 · sells $1,113,813,574
Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 73.3% still held
Performance vs S&P 500
Annualized: +23.4% · S&P 500: +28.7%
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.
Sector breakdown
Full portfolio 11 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| ROP | $2,920,373,378 | 28.87% | 8,630,200 | $267,131,098 | Up ×2 | ||
| EXPE | $1,000,362,860 | 9.89% | 3,909,500 | $207,625,134 | Up ×2 | ||
| FNF | $985,776,048 | 9.75% | 20,902,800 | $16,304,184 | |||
| TDG | $911,248,564 | 9.01% | 684,100 | $320,642,548 | Up ×1 | ||
| SAP | $677,976,123 | 6.70% | 4,399,300 | $205,072,702 | Up ×4 | ||
| SGI | $660,151,520 | 6.53% | 8,420,300 | $52,325,101 | Up ×1 | ||
| MCO | $638,571,908 | 6.31% | 1,409,900 | $57,094,283 | Up ×2 | ||
| TSM | $629,437,260 | 6.22% | 1,318,000 | $-121,183,485 | Down ×4 | ||
| AMZN | $577,378,650 | 5.71% | 2,422,500 | $-246,954,010 | Down ×2 | ||
| PRM | $575,698,339 | 5.69% | 16,148,621 | $42,009,007 | Down ×1 | ||
| NVDA | $537,781,893 | 5.32% | 2,687,700 | $-29,558,747 | Down ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| SAP | $677,976,123 | 6.70% | up ×4 |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| TDG | Bought more | +174K | +$320.6M |
| ROP | Bought more | +1.1M | +$267.1M |
| AMZN | Trimmed | -1.5M | -$247.0M |
| EXPE | Bought more | +476K | +$207.6M |
| SAP | Bought more | +1.6M | +$205.1M |
| TSM | Trimmed | -903K | -$121.2M |
| MCO | Bought more | +77K | +$57.1M |
| SGI | Bought more | +198K | +$52.3M |
| PRM | Trimmed | -5.7M | +$42.0M |
| NVDA | Trimmed | -565K | -$29.6M |
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.