FERNBRIDGE CAPITAL MANAGEMENT LP 13F: Quarter-over-Quarter Portfolio Changes
FERNBRIDGE CAPITAL MANAGEMENT LP reported a disclosed portfolio value of approximately $1.6 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 23.3% quarter on quarter. Over the quarter, the fund initiated 3 new positions, bought more shares in 6 holdings, trimmed 8 holdings, and exited 6 positions.
FERNBRIDGE CAPITAL MANAGEMENT LP's top buy was Intuit (INTU) . The fund bought 429.2% more shares, lifting the position's portfolio weight by 10.8 percentage points. Its top sell was Amazon.com (AMZN) . The fund sold 62.3% of its previously reported shares, reducing the position's portfolio weight by 6.1 percentage points.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| BROADCOM | AVGO | 2.9% | History → |
| PERFORMANCE FOOD GROUP CO | PFGC | 2.2% | Holders → |
| DOORDASH INC | DASH | 0.8% | Holders → |
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| INTUIT | INTU | +10.8% | +429.2% | History → |
| XYLEM INC | XYL | +1.9% | +62.4% | History → |
| VISA | V | +3.2% | +57.3% | History → |
| TETRA TECH INC NEW | TTEK | +1.5% | +10.9% | History → |
| SALESFORCE INC | CRM | +0.2% | +9.7% | History → |
| PTC INC | PTC | +1.3% | +5.7% | History → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| AMAZON.COM | AMZN | -6.1% | 62.3% | History → |
| LOUISIANA PAC CORP | LPX | -1.7% | 55.0% | Holders → |
| BOOKING HLDGS INC | BKNG | -0.8% | 30.9% | Holders → |
| CORE & MAIN INC | CNM | -0.2% | 24.2% | History → |
| WORKDAY INC | WDAY | -5.7% | 21.6% | History → |
| APPLOVIN CORP | APP | -0.5% | 18.0% | Holders → |
| SPOTIFY TECHNOLOGY S A | SPOT | -0.0% | 10.2% | Holders → |
| CAPITAL ONE FINL CORP | COF | -0.3% | 9.4% | Holders → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| TAIWAN SEMIC-ADR | TSM | 2.7% |
| T-MOBILE US INC | TMUS | 2.1% |
| LIVE NATION ENTERTAINMENT IN | LYV | 2.0% |
| BLOCK INC | XYZ | 1.4% |
| UBER TECHNOLOGIES INC | UBER | 0.8% |
| NETFLIX INC. | NFLX | 0.5% |
Net Portfolio Value ChangeQ1 2026
- $2.0BPrior quarter
- $1.6BCurrent quarter
- $-0.5BNet delta
- -23.3%% change
Methodology & FAQ
How FERNBRIDGE CAPITAL MANAGEMENT LP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for FERNBRIDGE CAPITAL MANAGEMENT LP: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did FERNBRIDGE CAPITAL MANAGEMENT LP buy in Q1 2026?
In Q1 2026, FERNBRIDGE CAPITAL MANAGEMENT LP initiated 3 new positions (BROADCOM (AVGO), PERFORMANCE FOOD GROUP CO (PFGC), DOORDASH INC (DASH)); bought more shares of INTUIT (INTU), XYLEM INC (XYL), VISA (V), TETRA TECH INC NEW (TTEK), SALESFORCE INC (CRM) — the largest 5 of 6 adds.
What stocks did FERNBRIDGE CAPITAL MANAGEMENT LP sell in Q1 2026?
In Q1 2026, FERNBRIDGE CAPITAL MANAGEMENT LP fully sold 6 positions (TAIWAN SEMIC-ADR (TSM), T-MOBILE US INC (TMUS), LIVE NATION ENTERTAINMENT IN (LYV), BLOCK INC (XYZ), UBER TECHNOLOGIES INC (UBER), NETFLIX INC. (NFLX)); reduced holdings in AMAZON.COM (AMZN), LOUISIANA PAC CORP (LPX), BOOKING HLDGS INC (BKNG), CORE & MAIN INC (CNM), WORKDAY INC (WDAY) — the largest 5 of 8 reductions.
Which positions did FERNBRIDGE CAPITAL MANAGEMENT LP initiate in Q1 2026?
FERNBRIDGE CAPITAL MANAGEMENT LP established 3 new positions in Q1 2026: BROADCOM (AVGO, 2.9%), PERFORMANCE FOOD GROUP CO (PFGC, 2.2%), DOORDASH INC (DASH, 0.8%).
Which existing positions saw the largest allocation increases for FERNBRIDGE CAPITAL MANAGEMENT LP in Q1 2026?
Of 6 existing positions with share-count increases in Q1 2026, the largest were: INTUIT (INTU, +10.8% weight, +429.2% shares), XYLEM INC (XYL, +1.9% weight, +62.4% shares), VISA (V, +3.2% weight, +57.3% shares), TETRA TECH INC NEW (TTEK, +1.5% weight, +10.9% shares), SALESFORCE INC (CRM, +0.2% weight, +9.7% shares), PTC INC (PTC, +1.3% weight, +5.7% shares).
Which positions did FERNBRIDGE CAPITAL MANAGEMENT LP fully exit in Q1 2026?
FERNBRIDGE CAPITAL MANAGEMENT LP fully exited 6 positions in Q1 2026: TAIWAN SEMIC-ADR (TSM, last-reported weight 2.7%), T-MOBILE US INC (TMUS, last-reported weight 2.1%), LIVE NATION ENTERTAINMENT IN (LYV, last-reported weight 2.0%), BLOCK INC (XYZ, last-reported weight 1.4%), UBER TECHNOLOGIES INC (UBER, last-reported weight 0.8%), NETFLIX INC. (NFLX, last-reported weight 0.5%).
Which existing positions saw the largest allocation reductions for FERNBRIDGE CAPITAL MANAGEMENT LP in Q1 2026?
Of 8 existing positions with share-count reductions in Q1 2026, the largest were: AMAZON.COM (AMZN, -6.1% weight, -62.3% shares), LOUISIANA PAC CORP (LPX, -1.7% weight, -55.0% shares), BOOKING HLDGS INC (BKNG, -0.8% weight, -30.9% shares), CORE & MAIN INC (CNM, -0.2% weight, -24.2% shares), WORKDAY INC (WDAY, -5.7% weight, -21.6% shares), APPLOVIN CORP (APP, -0.5% weight, -18.0% shares), SPOTIFY TECHNOLOGY S A (SPOT, -0.0% weight, -10.2% shares), CAPITAL ONE FINL CORP (COF, -0.3% weight, -9.4% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.