In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Greenvale Capital LLP reported 14 stock positions worth $1.2 billion . Its top holding was Cyberark Software Ltd./Israel (CYBR) at 16.0% of the portfolio, followed by Planet Fitness Class A (PLNT, 12.9% ) and PayPal (PYPL, 11.7% ). Compared with Q4 2023, it opened 2 new positions, sold out of 1, added to 5 and reduced 3. The biggest buy was a new position in PTC (PTC) and the biggest sale PVH (PVH, shares −49% ).
Location LONDON, X0
CIK 0001768041
Portfolio Value $1.2B (Q1 2024) Holdings 14 stocks · $1.2B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 CYBR Cyberark Software Ltd./Israel 741,694 $197.0M Add +9.9% PLNT Planet Fitness Inc. Class A 2,535,307 $158.8M Add +45.6% PYPL PayPal Holdings Inc. 2,150,000 $144.0M Add +26.5% RUN Sunrun Inc. 9,750,000 $128.5M Add +17.5% RMD Resmed Inc. 450,000 $89.1M Reduce -18.5% PTC PTC Inc. 425,000 $80.3M New CARS Cars.com Inc. 4,651,753 $79.9M Add +0.5% UDMY Udemy Inc. 6,600,000 $72.5M No change PVH PVH Corp. 500,000 $70.3M Reduce -48.7% ACEL Accel Entertainment Inc. 5,450,000 $64.3M No change ONON On Holding AG Class A filed as ON HLDG AG 1,750,000 $61.9M New FCN Fti Consulting Inc. 275,000 $57.8M Reduce -9.8% NRDY Nerdy Inc. 8,490,996 $24.7M No change 2U INC 3,452,353 $1.3M No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $72.9M (not counted above) Total filed on the 13F, all lines: $1.3B.
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ PVH PVH Corp. Reduce -48.7% 5.71% −5.19 RMD Resmed Inc. Reduce -18.5% 7.24% −1.45 FCN Fti Consulting Inc. Reduce -9.8% 4.70% −0.86 CZOOF Cazoo Group Ltd. Sold out 0.00% −0.02
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ PTC PTC Inc. New 6.53% +6.53 ONON On Holding AG Class A New 5.03% +5.03 CYBR Cyberark Software Ltd./Israel Add +9.9% 16.01% +2.47 PYPL PayPal Holdings Inc. Add +26.5% 11.70% +2.14 PLNT Planet Fitness Inc. Class A Add +45.6% 12.90% +1.26 CARS Cars.com Inc. Add +0.5% 6.49% −1.55 RUN Sunrun Inc. Add +17.5% 10.44% −4.48
Notes & Other Activity Q4 2023 → Q1 2024 Security Class Change vs Q4 2023 Shares / Principal Value ▼ 2U INC DEBT 4.500% 2/0 · principal Sold out 132,500,000 $53.8Mbefore exit 2U INC (TWOU 4.5 02/01/30) DEBT 4.500% 2/0 · principal New 132,500,000 $46.1M
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 10 $909.1M ZETA, RUN, OKTA, SN, FCN Q1 2026 12 $912.2M ZETA, RUN, SN, FCN, OKTA Q4 2025 14 $1.1B RUN, ZETA, SN, OKTA, ENPH Q3 2025 15 $1.3B RUN, RBLX, ZETA, SN, VRNS Q2 2025 16 $1.1B SN, RBLX, RUN, ZETA, GT Q1 2025 15 $1.0B CYBR, KSPI, BIRK, SN, RUN Q4 2024 15 $1.2B RBLX, CYBR, RUN, PLNT, KSPI Q3 2024 14 $1.6B CYBR, RBLX, PYPL, RMD, RUN Q2 2024 Amended 15 $1.4B CYBR, PLNT, PYPL, RUN, RMD Q1 2024 14 $1.2B CYBR, PLNT, PYPL, RUN, RMD