FERNBRIDGE CAPITAL MANAGEMENT LP 13F: Quarter-over-Quarter Portfolio Changes
FERNBRIDGE CAPITAL MANAGEMENT LP reported a disclosed portfolio value of approximately $1.4 billion in its latest SEC Form 13F-HR filing for Q2 2026, down 12.5% quarter on quarter. Over the quarter, the fund initiated 2 new positions, bought more shares in 8 holdings, trimmed 6 holdings, and exited 3 positions.
FERNBRIDGE CAPITAL MANAGEMENT LP's top buy was a new stake in Nvidia Corporation (NVDA) , equal to 2.8% of the disclosed portfolio. Its top sell was Tetra Tech INC New (TTEK) . The fund exited the position completely after it had accounted for 6.6% of the previous portfolio.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| NVIDIA CORPORATION | NVDA | 2.8% | Holders → |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | 1.7% | Holders → |
Top BuysQ2 2026
The fund's top buys among existing positions in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| SPOTIFY TECHNOLOGY S A | SPOT | +2.7% | +112.6% | History → |
| DOORDASH INC | DASH | +1.2% | +81.8% | Holders → |
| LOUISIANA PAC CORP | LPX | +1.3% | +38.5% | Holders → |
| CORE & MAIN INC | CNM | +1.0% | +14.7% | History → |
| PERFORMANCE FOOD GROUP CO | PFGC | +1.5% | +12.6% | Holders → |
| VISA INC-CLASS A SHRS | V | +3.0% | +8.7% | History → |
| XYLEM INC | XYL | +0.8% | +6.7% | History → |
| AMAZON.COM INC | AMZN | +1.8% | +4.6% | History → |
Top SellsQ2 2026
The fund's top sells among positions it retained in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| CAPITAL ONE FINL CORP | COF | 0.1% | 18.4% | Holders → |
| INTUIT | INTU | -5.9% | 16.8% | History → |
| PTC INC | PTC | -2.7% | 15.0% | History → |
| WORKDAY INC | WDAY | -0.1% | 8.6% | History → |
| BROADCOM INC | AVGO | 1.0% | 2.9% | History → |
| SALESFORCE INC | CRM | -1.0% | 0.0% | History → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| TETRA TECH INC NEW | TTEK | 6.6% |
| BOOKING HLDGS INC | BKNG | 2.0% |
| APPLOVIN CORP | APP | 0.9% |
Net Portfolio Value ChangeQ2 2026
- $1.6BPrior quarter
- $1.4BCurrent quarter
- $-0.2BNet delta
- -12.5%% 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 Q2 2026?
In Q2 2026, FERNBRIDGE CAPITAL MANAGEMENT LP initiated 2 new positions (NVIDIA CORPORATION (NVDA), TAIWAN SEMICONDUCTOR MANUFAC (TSM)); bought more shares of SPOTIFY TECHNOLOGY S A (SPOT), DOORDASH INC (DASH), LOUISIANA PAC CORP (LPX), CORE & MAIN INC (CNM), PERFORMANCE FOOD GROUP CO (PFGC) (the largest 5 of 8 adds).
What stocks did FERNBRIDGE CAPITAL MANAGEMENT LP sell in Q2 2026?
In Q2 2026, FERNBRIDGE CAPITAL MANAGEMENT LP fully sold 3 positions (TETRA TECH INC NEW (TTEK), BOOKING HLDGS INC (BKNG), APPLOVIN CORP (APP)); reduced holdings in CAPITAL ONE FINL CORP (COF), INTUIT (INTU), PTC INC (PTC), WORKDAY INC (WDAY), BROADCOM INC (AVGO) (the largest 5 of 6 reductions).
Which positions did FERNBRIDGE CAPITAL MANAGEMENT LP initiate in Q2 2026?
FERNBRIDGE CAPITAL MANAGEMENT LP established 2 new positions in Q2 2026: NVIDIA CORPORATION (NVDA, 2.8%), TAIWAN SEMICONDUCTOR MANUFAC (TSM, 1.7%).
Which existing positions saw the largest allocation increases for FERNBRIDGE CAPITAL MANAGEMENT LP in Q2 2026?
Of 8 existing positions with share-count increases in Q2 2026, the largest were: SPOTIFY TECHNOLOGY S A (SPOT, +2.7% weight, +112.6% shares), DOORDASH INC (DASH, +1.2% weight, +81.8% shares), LOUISIANA PAC CORP (LPX, +1.3% weight, +38.5% shares), CORE & MAIN INC (CNM, +1.0% weight, +14.7% shares), PERFORMANCE FOOD GROUP CO (PFGC, +1.5% weight, +12.6% shares), VISA INC-CLASS A SHRS (V, +3.0% weight, +8.7% shares), XYLEM INC (XYL, +0.8% weight, +6.7% shares), AMAZON.COM INC (AMZN, +1.8% weight, +4.6% shares).
Which positions did FERNBRIDGE CAPITAL MANAGEMENT LP fully exit in Q2 2026?
FERNBRIDGE CAPITAL MANAGEMENT LP fully exited 3 positions in Q2 2026: TETRA TECH INC NEW (TTEK, last-reported weight 6.6%), BOOKING HLDGS INC (BKNG, last-reported weight 2.0%), APPLOVIN CORP (APP, last-reported weight 0.9%).
Which existing positions saw the largest allocation reductions for FERNBRIDGE CAPITAL MANAGEMENT LP in Q2 2026?
Of 6 existing positions with share-count reductions in Q2 2026, the largest were: CAPITAL ONE FINL CORP (COF, 0.1% weight, -18.4% shares), INTUIT (INTU, -5.9% weight, -16.8% shares), PTC INC (PTC, -2.7% weight, -15.0% shares), WORKDAY INC (WDAY, -0.1% weight, -8.6% shares), BROADCOM INC (AVGO, 1.0% weight, -2.9% shares), SALESFORCE INC (CRM, -1.0% weight, -0.0% 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.