Impactive Capital LP

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Impactive Capital LP reported 10 stock positions worth $1.4 billion. Its top holding was Marriott Vacations World (VAC) at 19.5% of the portfolio, followed by Wex (WEX, 18.9%) and Asbury Automotive (ABG, 15.2%). Compared with Q4 2025, it opened 4 new positions, sold out of 2, added to 2 and reduced 3. The biggest buy was a new position in Stride (LRN) and the biggest sale an exit from Etsy (ETSY).

Most Recent 13F
Q2 2026
Location
NEW YORK CITY, NY
CIK
0001786767
Portfolio Value
$1.4B (Q1 2026)
SEC Filing
0001786767-26-000003 ↗ filed May 15, 2026

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $2.6B Q1 2024 Q2 2024: $2.6B Q2 2024 Q3 2024: $2.7B Q3 2024 Q4 2024: $2.4B Q4 2024 Q1 2025: $2.2B Q1 2025 Q2 2025: $2.2B Q2 2025 Q3 2025: $2.1B Q3 2025 Q4 2025: $1.6B Q4 2025 Q1 2026: $1.4B $1.4B Q1 2026 Q2 2026: $1.4B Q2 2026

Holdings 10 stocks · $1.4B
VAC Marriott Vacations World 19.50% 4,129,984 $268.9M No change
WEX Wex Inc. 18.95% 1,707,253 $261.3M Reduce -22.2%
ABG Asbury Automotive Group 15.20% 1,072,684 $209.6M Reduce -14.0%
SLM SLM Corp. 12.14% 7,822,564 $167.5M Add +8.3%
WMS Advanced Drainage Systems Inc. 8.52% 856,492 $117.5M Reduce -41.3%
LRN Stride Inc. 7.12% 1,113,367 $98.2M New
GTLB Gitlab Inc. Class A 6.14% 3,914,996 $84.7M New
IWM iShares Russell 2000 ETF 4.54% 252,486 $62.6M Add +234.0%
CART Maplebear Inc. 4.27% 1,573,012 $58.9M New
ICLR Icon PLC 3.62% 450,540 $49.9M New

Portfolio Sells Q4 2025 → Q1 2026
ETSY Etsy Inc. Sold out 0.00% −10.74
CLVT Clarivate PLC Sold out 0.00% −7.74
WMS Advanced Drainage Systems Inc. Reduce -41.3% 8.52% −4.92
ABG Asbury Automotive Group Reduce -14.0% 15.20% −3.26
WEX Wex Inc. Reduce -22.2% 18.95% −1.87

Portfolio Buys Q4 2025 → Q1 2026
LRN Stride Inc. New 7.12% +7.12
GTLB Gitlab Inc. Class A New 6.14% +6.14
CART Maplebear Inc. New 4.27% +4.27
ICLR Icon PLC New 3.62% +3.62
IWM iShares Russell 2000 ETF Add +234.0% 4.54% +3.36
SLM SLM Corp. Add +8.3% 12.14% −0.30

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 8$1.4BVAC, WEX, ABG, SLM, GTLB
Q1 2026 10$1.4BVAC, WEX, ABG, SLM, WMS
Q4 2025 8$1.6BWEX, ABG, VAC, WMS, SLM
Q3 2025 9$2.1BWEX, ABG, VAC, WMS, ETSY
Q2 2025 9$2.2BWEX, ABG, VAC, SLM, CNXC
Q1 2025 10$2.2BWEX, SLM, ABG, CNXC, ETSY
Q4 2024 10$2.4BABG, SLM, WEX, VAC, ETSY
Q3 2024 10$2.7BABG, WEX, SLM, CLVT, ENV
Q2 2024 10$2.6BABG, SLM, WEX, ENV, CNXC
Q1 2024 9$2.6BWEX, ABG, SLM, CLVT, CNXC