Durable Capital Partners 13F, Q3 2025
Henry Ellenbogen · quarter ending 30 September 2025 · filed 14 November 2025 · SEC CIK 1798849
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2025
The 25 largest of 48 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2025 filing.
| Company | Ticker | Value | % of book | vs Q2 2025 |
|---|---|---|---|---|
| RBC BEARINGS INC | RBC | $983.94M | 7.3% | unchanged |
| COUPANG INC | CPNG | $799.63M | 5.9% | unchanged |
| SHOPIFY INC | SHOP | $675.26M | 5.0% | unchanged |
| COLLIERS INTL GROUP INC | CIGI | $577.84M | 4.3% | +2% shares |
| XPO INC | XPO | $559.90M | 4.2% | +21% shares |
| API GROUP CORP | APG | $512.05M | 3.8% | +40% shares |
| ROBLOX CORP | RBLX | $488.97M | 3.6% | -23% shares |
| ACUITY INC | AYI | $469.62M | 3.5% | +9% shares |
| AFFIRM HLDGS INC | AFRM | $458.10M | 3.4% | -15% shares |
| DOORDASH INC | DASH | $454.67M | 3.4% | +63% shares |
| SHIFT4 PMTS INC | FOUR | $435.49M | 3.2% | -16% shares |
| MERCADOLIBRE INC | MELI | $409.98M | 3.0% | +19% shares |
| VEEVA SYS INC | VEEV | $375.02M | 2.8% | +29% shares |
| FIRSTSERVICE CORP NEW | FSV | $365.18M | 2.7% | +13% shares |
| ENTEGRIS INC | ENTG | $348.12M | 2.6% | +23% shares |
| CARVANA CO | CVNA | $336.68M | 2.5% | unchanged |
| FLUTTER ENTMT PLC | $315.97M | 2.3% | +274% shares | |
| WEST PHARMACEUTICAL SVSC INC | WST | $307.60M | 2.3% | +13% shares |
| BOOKING HOLDINGS INC | BKNG | $298.68M | 2.2% | +48% shares |
| INTUIT | INTU | $298.61M | 2.2% | -44% shares |
| PRIVIA HEALTH GROUP INC | PRVA | $291.12M | 2.2% | unchanged |
| DUOLINGO INC | DUOL | $281.58M | 2.1% | -19% shares |
| FIGMA INC | FIG | $278.51M | 2.1% | new |
| FERGUSON ENTERPRISES INC | FERG | $244.56M | 1.8% | new |
| WARBY PARKER INC | WRBY | $241.40M | 1.8% | -9% shares |
What changed since Q2 2025
Against the Q2 2025 filing, Durable Capital Partners opened 10 new positions, added to 15, trimmed 16, left 7 unchanged and exited 6. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001798849-25-000015, filed by Durable Capital Partners LP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.