Fernbridge Capital Management LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Fernbridge Capital Management LP reported 23 stock positions worth $1.6 billion. Its top holding was Salesforce (CRM) at 18.0% of the portfolio, followed by PTC (PTC, 15.8%) and Amazon.com (AMZN, 7.5%). Compared with Q2 2024, it opened 3 new positions, sold out of 2, added to 8 and reduced 12. The biggest buy was PTC (PTC, shares +84%) and the biggest sale an exit from Verizon Communications (VZ).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0001827734
- Portfolio Value
- $1.6B (Q3 2024)
- SEC Filing
- 0001827734-24-000007 ↗ filed Nov 13, 2024
Holdings Value
Holdings 23 stocks · $1.6B
| CRM Salesforce Inc. | 18.01% | 1,072,422 | $293.5M | Add +19.2% |
| PTC PTC Inc. | 15.84% | 1,429,005 | $258.2M | Add +83.7% |
| AMZN Amazon.com Inc. | 7.46% | 652,187 | $121.5M | Reduce -6.6% |
| FIS Fidelity National Info Serv | 6.61% | 1,286,173 | $107.7M | Add +11.5% |
| WDAY Workday Inc. Class A | 6.29% | 419,378 | $102.5M | Add +32.6% |
| INTU Intuit Inc. | 4.99% | 130,902 | $81.3M | Add +10.9% |
| TMUS T-Mobile US Inc. | 4.76% | 375,712 | $77.5M | Reduce -20.6% |
| BKNG Booking Holdings Inc. | 3.51% | 13,560 | $57.1M | Reduce -32.4% |
| CHTR Charter Communications Inc. Class A | 2.96% | 148,729 | $48.2M | New |
| LYV Live Nation Entertainment Inc. | 2.79% | 414,909 | $45.4M | Reduce -31.7% |
| ADSK Autodesk Inc. | 2.66% | 157,266 | $43.3M | Reduce -39.0% |
| DASH DoorDash Inc. Class A | 2.48% | 282,736 | $40.4M | Add +11.7% |
| WMS Advanced Drainage Systems Inc. | 2.45% | 253,549 | $39.8M | Add +108.2% |
| META Meta Platforms Inc. Class A | 2.38% | 67,758 | $38.8M | New |
| MSFT Microsoft Corp. | 2.32% | 87,818 | $37.8M | Reduce -40.7% |
| GOOGL Alphabet Inc. Class A | 2.31% | 227,328 | $37.7M | Add +130.0% |
| UBER Uber Technologies Inc. | 2.27% | 492,918 | $37.0M | Reduce -30.9% |
| SPOT Spotify Technology SA | 2.01% | 88,916 | $32.8M | Reduce -27.4% |
| SHW The Sherwin-Williams Co. | 1.99% | 85,054 | $32.5M | Reduce -64.7% |
| CNM Core & Main Inc. Class A | 1.88% | 691,507 | $30.7M | Reduce -16.3% |
| ASML ASML Holding NV-NY Reg SHS | 1.70% | 33,279 | $27.7M | New |
| TTEK Tetra Tech Inc. | 1.31% | 451,402 | $21.3M | Reduce -34.5% |
| V Visa Inc. Class A | 1.02% | 60,391 | $16.6M | Reduce -43.4% |
Portfolio Sells Q2 2024 → Q3 2024
| VZ Verizon Communications Inc. | Sold out | 0.00% | −3.58 |
| SHW The Sherwin-Williams Co. | Reduce -64.7% | 1.99% | −2.78 |
| WMG Warner Music Group Corp. Class A | Sold out | 0.00% | −2.26 |
| MSFT Microsoft Corp. | Reduce -40.7% | 2.32% | −2.08 |
| BKNG Booking Holdings Inc. | Reduce -32.4% | 3.51% | −1.78 |
| ADSK Autodesk Inc. | Reduce -39.0% | 2.66% | −1.58 |
| AMZN Amazon.com Inc. | Reduce -6.6% | 7.46% | −1.52 |
| UBER Uber Technologies Inc. | Reduce -30.9% | 2.27% | −1.17 |
| LYV Live Nation Entertainment Inc. | Reduce -31.7% | 2.79% | −1.00 |
| V Visa Inc. Class A | Reduce -43.4% | 1.02% | −0.84 |
| CNM Core & Main Inc. Class A | Reduce -16.3% | 1.88% | −0.80 |
| TMUS T-Mobile US Inc. | Reduce -20.6% | 4.76% | −0.79 |
| TTEK Tetra Tech Inc. | Reduce -34.5% | 1.31% | −0.57 |
| SPOT Spotify Technology SA | Reduce -27.4% | 2.01% | −0.54 |
Portfolio Buys Q2 2024 → Q3 2024
| PTC PTC Inc. | Add +83.7% | 15.84% | +6.45 |
| CHTR Charter Communications Inc. Class A | New | 2.96% | +2.96 |
| CRM Salesforce Inc. | Add +19.2% | 18.01% | +2.63 |
| META Meta Platforms Inc. Class A | New | 2.38% | +2.38 |
| ASML ASML Holding NV-NY Reg SHS | New | 1.70% | +1.70 |
| WDAY Workday Inc. Class A | Add +32.6% | 6.29% | +1.59 |
| WMS Advanced Drainage Systems Inc. | Add +108.2% | 2.45% | +1.15 |
| GOOGL Alphabet Inc. Class A | Add +130.0% | 2.31% | +1.12 |
| FIS Fidelity National Info Serv | Add +11.5% | 6.61% | +0.83 |
| DASH DoorDash Inc. Class A | Add +11.7% | 2.48% | +0.65 |
| INTU Intuit Inc. | Add +10.9% | 4.99% | −0.17 |
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 |