Fernbridge Capital Management LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Fernbridge Capital Management LP reported 19 stock positions worth $1.3 billion. Its top holding was PTC (PTC) at 10.6% of the portfolio, followed by T-Mobile US (TMUS, 9.4%) and Salesforce (CRM, 9.2%). Compared with Q4 2023, it opened 2 new positions, sold out of 4, added to 9 and reduced 8. The biggest buy was Sherwin-Williams (SHW, shares +190%) and the biggest sale Salesforce (CRM, shares −36%).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0001827734
- Portfolio Value
- $1.3B (Q1 2024)
- SEC Filing
- 0001827734-24-000005 ↗ filed May 15, 2024
Holdings Value
Holdings 19 stocks · $1.3B
| PTC PTC Inc. | 10.61% | 731,729 | $138.3M | Reduce -6.2% |
| TMUS T-Mobile US Inc. | 9.44% | 753,007 | $122.9M | Reduce -8.6% |
| CRM Salesforce Inc. | 9.17% | 396,657 | $119.5M | Reduce -35.7% |
| AMZN Amazon.com Inc. | 7.90% | 570,802 | $103.0M | Add +7.2% |
| SHW The Sherwin-Williams Co. | 7.59% | 284,586 | $98.8M | Add +190.0% |
| BKNG Booking Holdings Inc. | 7.02% | 25,203 | $91.4M | Add +54.0% |
| LYV Live Nation Entertainment Inc. | 4.84% | 595,783 | $63.0M | Reduce -3.3% |
| VZ Verizon Communications Inc. | 4.81% | 1,494,651 | $62.7M | Reduce -23.4% |
| MSFT Microsoft Corp. | 4.50% | 139,267 | $58.6M | Reduce -14.8% |
| INTU Intuit Inc. | 4.14% | 82,970 | $53.9M | Reduce -23.2% |
| WDAY Workday Inc. Class A | 4.13% | 197,381 | $53.8M | Add +23.1% |
| FIS Fidelity National Info Serv | 3.93% | 689,521 | $51.1M | New |
| DASH DoorDash Inc. Class A | 3.42% | 323,040 | $44.5M | New |
| MA Mastercard Inc. Class A | 3.23% | 87,422 | $42.1M | Reduce -39.3% |
| UBER Uber Technologies Inc. | 3.17% | 536,388 | $41.3M | Add +1.5% |
| TTEK Tetra Tech Inc. | 3.07% | 216,643 | $40.0M | Add +13.3% |
| SPOT Spotify Technology SA | 3.06% | 151,055 | $39.9M | Add +54.9% |
| META Meta Platforms Inc. Class A | 3.04% | 81,561 | $39.6M | Add +7.2% |
| WMG Warner Music Group Corp. Class A | 2.93% | 1,155,597 | $38.2M | Add +47.2% |
Portfolio Sells Q4 2023 → Q1 2024
| CRM Salesforce Inc. | Reduce -35.7% | 9.17% | −4.59 |
| WMS Advanced Drainage Systems Inc. | Sold out | 0.00% | −2.51 |
| MA Mastercard Inc. Class A | Reduce -39.3% | 3.23% | −1.97 |
| TMUS T-Mobile US Inc. | Reduce -8.6% | 9.44% | −1.76 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −1.60 |
| INTU Intuit Inc. | Reduce -23.2% | 4.14% | −1.58 |
| VZ Verizon Communications Inc. | Reduce -23.4% | 4.81% | −1.42 |
| IT Gartner Inc. | Sold out | 0.00% | −1.27 |
| CHTR Charter Communications Inc. Class A | Sold out | 0.00% | −1.05 |
| PTC PTC Inc. | Reduce -6.2% | 10.61% | −0.95 |
| MSFT Microsoft Corp. | Reduce -14.8% | 4.50% | −0.71 |
| LYV Live Nation Entertainment Inc. | Reduce -3.3% | 4.84% | −0.05 |
Portfolio Buys Q4 2023 → Q1 2024
| SHW The Sherwin-Williams Co. | Add +190.0% | 7.59% | +4.99 |
| FIS Fidelity National Info Serv | New | 3.93% | +3.93 |
| DASH DoorDash Inc. Class A | New | 3.42% | +3.42 |
| BKNG Booking Holdings Inc. | Add +54.0% | 7.02% | +2.10 |
| SPOT Spotify Technology SA | Add +54.9% | 3.06% | +1.51 |
| AMZN Amazon.com Inc. | Add +7.2% | 7.90% | +1.05 |
| META Meta Platforms Inc. Class A | Add +7.2% | 3.04% | +0.76 |
| WMG Warner Music Group Corp. Class A | Add +47.2% | 2.93% | +0.55 |
| UBER Uber Technologies Inc. | Add +1.5% | 3.17% | +0.41 |
| WDAY Workday Inc. Class A | Add +23.1% | 4.13% | +0.38 |
| TTEK Tetra Tech Inc. | Add +13.3% | 3.07% | +0.37 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $1.4B | CRM, V, PTC, WDAY, INTU |
| Q1 2026 | 17 | $1.6B | CRM, INTU, PTC, WDAY, V |
| Q4 2025 | 20 | $2.0B | CRM, WDAY, AMZN, PTC, TTEK |
| Q3 2025 | 24 | $2.1B | CRM, WDAY, PTC, AMZN, LPX |
| Q2 2025 | 24 | $2.1B | CRM, PTC, WDAY, AMZN, INTU |
| Q1 2025 | 17 | $1.8B | INTU, PTC, CRM, WDAY, AMZN |
| Q4 2024 | 22 | $1.9B | INTU, PTC, WDAY, CRM, UBER |
| Q3 2024 | 23 | $1.6B | CRM, PTC, AMZN, FIS, WDAY |
| Q2 2024 | 22 | $1.5B | CRM, PTC, AMZN, FIS, TMUS |
| Q1 2024 | 19 | $1.3B | PTC, TMUS, CRM, AMZN, SHW |