Impactive Capital LP 13F: Quarter-over-Quarter Portfolio Changes
Impactive Capital LP reported a disclosed portfolio value of approximately $1.4 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 12.2% quarter on quarter. Over the quarter, the fund initiated 4 new positions, bought more shares in 2 holdings, trimmed 3 holdings, and exited 2 positions.
Impactive Capital LP's top buy was a new stake in Stride INC (LRN) , equal to 7.1% of the disclosed portfolio. Its top sell was Etsy INC (ETSY) . The fund exited the position completely after it had accounted for 10.7% of the previous portfolio.
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 |
|---|---|---|---|
| STRIDE INC | LRN | 7.1% | History → |
| GITLAB INC | GTLB | 6.1% | History → |
| MAPLEBEAR INC | CART | 4.3% | History → |
| ICON PLC (ICLR) | ICLR | 3.6% | History → |
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 |
|---|---|---|---|---|
| ISHARES TR | IWM | +3.4% | +234.0% | History → |
| SLM CORP | SLM | +-0.3% | +8.3% | 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.
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| ETSY INC | ETSY | 10.7% |
| CLARIVATE PLC | CLVT | 7.7% |
Net Portfolio Value ChangeQ1 2026
- $1.6BPrior quarter
- $1.4BCurrent quarter
- $-0.2BNet delta
- -12.2%% change
Methodology & FAQ
How Impactive Capital LP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Impactive Capital 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 Impactive Capital LP buy in Q1 2026?
In Q1 2026, Impactive Capital LP initiated 4 new positions (STRIDE INC (LRN), GITLAB INC (GTLB), MAPLEBEAR INC (CART), ICON PLC (ICLR) (ICLR)); bought more shares of ISHARES TR (IWM), SLM CORP (SLM).
What stocks did Impactive Capital LP sell in Q1 2026?
In Q1 2026, Impactive Capital LP fully sold 2 positions (ETSY INC (ETSY), CLARIVATE PLC (CLVT)); reduced holdings in WMS (WMS), WEX INC (WEX), ASBURY AUTOMOTIVE GROUP INC (ABG).
Which positions did Impactive Capital LP initiate in Q1 2026?
Impactive Capital LP established 4 new positions in Q1 2026: STRIDE INC (LRN, 7.1%), GITLAB INC (GTLB, 6.1%), MAPLEBEAR INC (CART, 4.3%), ICON PLC (ICLR) (ICLR, 3.6%).
Which existing positions saw the largest allocation increases for Impactive Capital LP in Q1 2026?
Of 2 existing positions with share-count increases in Q1 2026, the largest were: ISHARES TR (IWM, +3.4% weight, +234.0% shares), SLM CORP (SLM, +-0.3% weight, +8.3% shares).
Which positions did Impactive Capital LP fully exit in Q1 2026?
Impactive Capital LP fully exited 2 positions in Q1 2026: ETSY INC (ETSY, last-reported weight 10.7%), CLARIVATE PLC (CLVT, last-reported weight 7.7%).
Which existing positions saw the largest allocation reductions for Impactive Capital LP in Q1 2026?
Of 3 existing positions with share-count reductions in Q1 2026, the largest were: WMS (WMS, -4.9% weight, -41.2% shares), WEX INC (WEX, -1.9% weight, -22.2% shares), ASBURY AUTOMOTIVE GROUP INC (ABG, -3.3% weight, -14.0% 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.