Fernbridge Capital Management LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Fernbridge Capital Management LP reported 22 stock positions worth $1.9 billion. Its top holding was Intuit (INTU) at 14.7% of the portfolio, followed by PTC (PTC, 14.6%) and Workday Class A (WDAY, 10.3%). Compared with Q3 2024, it opened 4 new positions, sold out of 5, added to 9 and reduced 9. The biggest buy was Intuit (INTU, shares +242%) and the biggest sale Salesforce (CRM, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0001827734
- Portfolio Value
- $1.9B (Q4 2024)
- SEC Filing
- 0001827734-25-000002 ↗ filed Feb 14, 2025
Holdings Value
Holdings 22 stocks · $1.9B
| INTU Intuit Inc. | 14.73% | 447,163 | $281.0M | Add +241.6% |
| PTC PTC Inc. | 14.60% | 1,514,569 | $278.5M | Add +6.0% |
| WDAY Workday Inc. Class A | 10.30% | 761,296 | $196.4M | Add +81.5% |
| CRM Salesforce Inc. | 9.31% | 531,079 | $177.6M | Reduce -50.5% |
| UBER Uber Technologies Inc. | 7.52% | 2,376,906 | $143.4M | Add +382.2% |
| AMZN Amazon.com Inc. | 7.01% | 609,762 | $133.8M | Reduce -6.5% |
| VMC Vulcan Materials Co. | 4.15% | 308,002 | $79.2M | New |
| MSFT Microsoft Corp. | 3.43% | 155,201 | $65.4M | Add +76.7% |
| SPOT Spotify Technology SA | 3.32% | 141,501 | $63.3M | Add +59.1% |
| GOOGL Alphabet Inc. Class A | 3.04% | 306,086 | $57.9M | Add +34.6% |
| TMUS T-Mobile US Inc. | 3.01% | 260,275 | $57.5M | Reduce -30.7% |
| DASH DoorDash Inc. Class A | 2.73% | 310,007 | $52.0M | Add +9.7% |
| DKNG Draftkings Inc. Class A | 2.58% | 1,323,130 | $49.2M | New |
| LYV Live Nation Entertainment Inc. | 2.26% | 333,133 | $43.1M | Reduce -19.7% |
| BKNG Booking Holdings Inc. | 2.00% | 7,693 | $38.2M | Reduce -43.3% |
| CMG Chipotle Mexican Grill Inc. | 1.97% | 622,123 | $37.5M | New |
| META Meta Platforms Inc. Class A | 1.49% | 48,577 | $28.4M | Reduce -28.3% |
| WMS Advanced Drainage Systems Inc. | 1.48% | 243,748 | $28.2M | Reduce -3.9% |
| ASML ASML Holding NV-NY Reg SHS | 1.40% | 38,501 | $26.7M | Add +15.7% |
| TSM Taiwan Semiconductor-SP ADR | 1.32% | 127,211 | $25.1M | New |
| CHTR Charter Communications Inc. Class A | 1.19% | 66,445 | $22.8M | Reduce -55.3% |
| CNM Core & Main Inc. Class A | 1.16% | 435,736 | $22.2M | Reduce -37.0% |
Portfolio Sells Q3 2024 → Q4 2024
| CRM Salesforce Inc. | Reduce -50.5% | 9.31% | −8.71 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −6.61 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −2.66 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −1.99 |
| CHTR Charter Communications Inc. Class A | Reduce -55.3% | 1.19% | −1.76 |
| TMUS T-Mobile US Inc. | Reduce -30.7% | 3.01% | −1.75 |
| BKNG Booking Holdings Inc. | Reduce -43.3% | 2.00% | −1.50 |
| TTEK Tetra Tech Inc. | Sold out | 0.00% | −1.31 |
| V Visa Inc. Class A | Sold out | 0.00% | −1.02 |
| WMS Advanced Drainage Systems Inc. | Reduce -3.9% | 1.48% | −0.97 |
| META Meta Platforms Inc. Class A | Reduce -28.3% | 1.49% | −0.89 |
| CNM Core & Main Inc. Class A | Reduce -37.0% | 1.16% | −0.72 |
| LYV Live Nation Entertainment Inc. | Reduce -19.7% | 2.26% | −0.53 |
| AMZN Amazon.com Inc. | Reduce -6.5% | 7.01% | −0.44 |
Portfolio Buys Q3 2024 → Q4 2024
| INTU Intuit Inc. | Add +241.6% | 14.73% | +9.74 |
| UBER Uber Technologies Inc. | Add +382.2% | 7.52% | +5.24 |
| VMC Vulcan Materials Co. | New | 4.15% | +4.15 |
| WDAY Workday Inc. Class A | Add +81.5% | 10.30% | +4.01 |
| DKNG Draftkings Inc. Class A | New | 2.58% | +2.58 |
| CMG Chipotle Mexican Grill Inc. | New | 1.97% | +1.97 |
| TSM Taiwan Semiconductor-SP ADR | New | 1.32% | +1.32 |
| SPOT Spotify Technology SA | Add +59.1% | 3.32% | +1.31 |
| MSFT Microsoft Corp. | Add +76.7% | 3.43% | +1.11 |
| GOOGL Alphabet Inc. Class A | Add +34.6% | 3.04% | +0.72 |
| DASH DoorDash Inc. Class A | Add +9.7% | 2.73% | +0.25 |
| ASML ASML Holding NV-NY Reg SHS | Add +15.7% | 1.40% | −0.30 |
| PTC PTC Inc. | Add +6.0% | 14.60% | −1.24 |
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 |