Fernbridge Capital Management LP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Fernbridge Capital Management LP reported 22 stock positions worth $1.5 billion. Its top holding was Salesforce (CRM) at 15.4% of the portfolio, followed by PTC (PTC, 9.4%) and Amazon.com (AMZN, 9.0%). Compared with Q1 2024, it opened 5 new positions, sold out of 2, added to 9 and reduced 8. The biggest buy was Salesforce (CRM, shares +127%) and the biggest sale T-Mobile US (TMUS, shares −37%).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0001827734
- Portfolio Value
- $1.5B (Q2 2024)
- SEC Filing
- 0001827734-24-000006 ↗ filed Aug 13, 2024
Holdings Value
Holdings 22 stocks · $1.5B
| CRM Salesforce Inc. | 15.38% | 899,888 | $231.4M | Add +126.9% |
| PTC PTC Inc. | 9.40% | 778,015 | $141.3M | Add +6.3% |
| AMZN Amazon.com Inc. | 8.97% | 698,553 | $135.0M | Add +22.4% |
| FIS Fidelity National Info Serv | 5.78% | 1,153,134 | $86.9M | Add +67.2% |
| TMUS T-Mobile US Inc. | 5.54% | 473,416 | $83.4M | Reduce -37.1% |
| BKNG Booking Holdings Inc. | 5.28% | 20,068 | $79.5M | Reduce -20.4% |
| INTU Intuit Inc. | 5.16% | 118,080 | $77.6M | Add +42.3% |
| SHW The Sherwin-Williams Co. | 4.77% | 240,578 | $71.8M | Reduce -15.5% |
| WDAY Workday Inc. Class A | 4.70% | 316,249 | $70.7M | Add +60.2% |
| MSFT Microsoft Corp. | 4.40% | 148,127 | $66.2M | Add +6.4% |
| ADSK Autodesk Inc. | 4.24% | 257,966 | $63.8M | New |
| LYV Live Nation Entertainment Inc. | 3.78% | 607,097 | $56.9M | Add +1.9% |
| VZ Verizon Communications Inc. | 3.58% | 1,304,009 | $53.8M | Reduce -12.8% |
| UBER Uber Technologies Inc. | 3.44% | 712,773 | $51.8M | Add +32.9% |
| CNM Core & Main Inc. Class A | 2.69% | 826,464 | $40.4M | New |
| SPOT Spotify Technology SA | 2.55% | 122,418 | $38.4M | Reduce -19.0% |
| WMG Warner Music Group Corp. Class A | 2.26% | 1,110,908 | $34.0M | Reduce -3.9% |
| TTEK Tetra Tech Inc. | 1.87% | 137,818 | $28.2M | Reduce -36.4% |
| V Visa Inc. Class A | 1.86% | 106,619 | $28.0M | New |
| DASH DoorDash Inc. Class A | 1.83% | 253,046 | $27.5M | Reduce -21.7% |
| WMS Advanced Drainage Systems Inc. | 1.30% | 121,768 | $19.5M | New |
| GOOGL Alphabet Inc. Class A | 1.20% | 98,833 | $18.0M | New |
Portfolio Sells Q1 2024 → Q2 2024
| TMUS T-Mobile US Inc. | Reduce -37.1% | 5.54% | −3.89 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −3.23 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −3.04 |
| SHW The Sherwin-Williams Co. | Reduce -15.5% | 4.77% | −2.82 |
| BKNG Booking Holdings Inc. | Reduce -20.4% | 5.28% | −1.73 |
| DASH DoorDash Inc. Class A | Reduce -21.7% | 1.83% | −1.59 |
| VZ Verizon Communications Inc. | Reduce -12.8% | 3.58% | −1.24 |
| TTEK Tetra Tech Inc. | Reduce -36.4% | 1.87% | −1.20 |
| WMG Warner Music Group Corp. Class A | Reduce -3.9% | 2.26% | −0.67 |
| SPOT Spotify Technology SA | Reduce -19.0% | 2.55% | −0.51 |
Portfolio Buys Q1 2024 → Q2 2024
| CRM Salesforce Inc. | Add +126.9% | 15.38% | +6.21 |
| ADSK Autodesk Inc. | New | 4.24% | +4.24 |
| CNM Core & Main Inc. Class A | New | 2.69% | +2.69 |
| V Visa Inc. Class A | New | 1.86% | +1.86 |
| FIS Fidelity National Info Serv | Add +67.2% | 5.78% | +1.85 |
| WMS Advanced Drainage Systems Inc. | New | 1.30% | +1.30 |
| GOOGL Alphabet Inc. Class A | New | 1.20% | +1.20 |
| AMZN Amazon.com Inc. | Add +22.4% | 8.97% | +1.07 |
| INTU Intuit Inc. | Add +42.3% | 5.16% | +1.02 |
| WDAY Workday Inc. Class A | Add +60.2% | 4.70% | +0.57 |
| UBER Uber Technologies Inc. | Add +32.9% | 3.44% | +0.27 |
| MSFT Microsoft Corp. | Add +6.4% | 4.40% | −0.10 |
| LYV Live Nation Entertainment Inc. | Add +1.9% | 3.78% | −1.05 |
| PTC PTC Inc. | Add +6.3% | 9.40% | −1.22 |
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 |