59 North Capital Management, LP — FERGUSON ENTERPRISES INC FERG: Quarterly 13F Position History
59 North Capital Management, LP has reported FERGUSON ENTERPRISES INC (FERG) on 7 13F-HR filings in Pactolio's tracked window, first appearing in Q3 2024. As of Q1 2026, the position is sized at 1,427,341 shares ($332.9M market value, 9.93% of the equity book). Quarter-over-quarter share count change: + 172,204 (+13.7%) .
- 1,427,341Shares Held (Latest Filing)
- $332.9MReported Market Value (Latest Filing)
- 9.93%Portfolio Weight (% of 13F Equity Book)
- +172,204Quarter-over-Quarter Share Change
- +$53.5MQuarter-over-Quarter Value Change
- 1,427,341Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 7 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,427,341 | +172,204 | +13.7% | $332.9M | 9.93% | $233.26 |
| Q4 2025 | 1,255,137 | 0 | — | $279.4M | 8.70% | $222.63 |
| Q3 2025 | 1,255,137 | +670,473 | +114.7% | $281.9M | 8.78% | $224.58 |
| Q2 2025 | 584,664 | 139,735 | -19.3% | $127.3M | 4.55% | $217.75 |
| Q1 2025 | 724,399 | 100,071 | -12.1% | $116.1M | 4.18% | $160.23 |
| Q4 2024 | 824,470 | +215,899 | +35.5% | $143.1M | 6.68% | $173.57 |
| Q3 2024 | 608,571 | — | — | $120.8M | 5.42% | $198.57 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did 59 North Capital Management, LP first disclose a FERG position in 13F-HR filings?
59 North Capital Management, LP first reported FERGUSON ENTERPRISES INC (FERG) on its 13F-HR filing for the period ending 2024-09-30 (Q3 2024). The position has appeared on 7 reported quarters within Pactolio's tracked window.
What was 59 North Capital Management, LP's most recent quarter-over-quarter share-count change in FERG?
Between Q4 2025 and Q1 2026, 59 North Capital Management, LP added 172,204 shares of FERG (+13.7%), bringing the total reported position to 1,427,341 shares at a market value of $332.9M.
Does the implied price-per-share represent 59 North Capital Management, LP's cost basis in FERG?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.