Durable Capital Partners 13F, Q4 2025
Henry Ellenbogen · quarter ending 31 December 2025 · filed 17 February 2026 · SEC CIK 1798849
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2025
The 25 largest of 40 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2025 filing.
| Company | Ticker | Value | % of book | vs Q3 2025 |
|---|---|---|---|---|
| RBC BEARINGS INC | RBC | $1.05B | 9.9% | -7% shares |
| DOORDASH INC | DASH | $810.51M | 7.7% | +114% shares |
| MERCADOLIBRE INC | MELI | $620.26M | 5.9% | +76% shares |
| COUPANG INC | CPNG | $576.85M | 5.5% | unchanged |
| API GROUP CORP | APG | $574.56M | 5.4% | unchanged |
| XPO INC | XPO | $536.72M | 5.1% | -9% shares |
| COLLIERS INTL GROUP INC | CIGI | $495.39M | 4.7% | -9% shares |
| SHIFT4 PMTS INC | FOUR | $416.04M | 3.9% | +17% shares |
| CARVANA CO | CVNA | $390.39M | 3.7% | +4% shares |
| FERGUSON ENTERPRISES INC | FERG | $347.60M | 3.3% | +43% shares |
| ROCKET COS INC | RKT | $338.22M | 3.2% | +59% shares |
| SHOPIFY INC | SHOP | $328.90M | 3.1% | -55% shares |
| ACUITY INC | AYI | $293.55M | 2.8% | -40% shares |
| MEDLINE INC | MDLN | $289.80M | 2.7% | new |
| PRIVIA HEALTH GROUP INC | PRVA | $286.60M | 2.7% | +3% shares |
| OPTION CARE HEALTH INC | OPCH | $286.46M | 2.7% | +21% shares |
| AFFIRM HLDGS INC | AFRM | $273.99M | 2.6% | -41% shares |
| QNITY ELECTRONICS INC | Q | $228.69M | 2.2% | new |
| VEEVA SYS INC | VEEV | $212.49M | 2.0% | -24% shares |
| UL SOLUTIONS INC | ULS | $202.16M | 1.9% | new |
| CLEAN HARBORS INC | CLH | $195.74M | 1.9% | +46% shares |
| WARBY PARKER INC | WRBY | $159.30M | 1.5% | -17% shares |
| VSE CORP | VSEC | $151.90M | 1.4% | unchanged |
| DESCARTES SYS GROUP INC | DSGX | $149.92M | 1.4% | new |
| SPORTRADAR GROUP AG | $141.58M | 1.3% | new |
What changed since Q3 2025
Against the Q3 2025 filing, Durable Capital Partners opened 8 new positions, added to 10, trimmed 18, left 4 unchanged and exited 16. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
Exited
- ENTGwas $348.12M
- FLUTTER ENTMT PLCwas $315.97M
- WSTwas $307.60M
- INTUwas $298.61M
- ESABwas $217.43M
- WIX COM LTDwas $183.29M
- HUBSwas $152.84M
- FNDwas $121.26M
and 8 more
Other quarters
Source: SEC Form 13F-HR, accession 0001798849-26-000003, 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.