Norwood Investment Partners, LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Norwood Investment Partners, LP reported 13 stock positions worth $156.6 million. Its top holding was Distribution Solutions (DSGR) at 20.0% of the portfolio, followed by Api (APG, 17.3%) and Willscot (WSC, 10.6%). Compared with Q4 2023, it opened 3 new positions, sold out of 2, added to 4 and reduced 5. The biggest buy was a new position in Alight Class A (ALIT) and the biggest sale an exit from GFL Environmental Inc.-Sub VT (GFL).
- Most Recent 13F
- Q2 2026
- Location
- MILL VALLEY, CA
- CIK
- 0001888610
- Portfolio Value
- $156.6M (Q1 2024)
- SEC Filing
- 0001888610-24-000002 ↗ filed May 14, 2024
Holdings Value
Holdings 13 stocks · $156.6M
| DSGR Distribution Solutions Group | 19.95% | 880,353 | $31.2M | Reduce -5.6% |
| APG Api Group Corp. | 17.30% | 689,594 | $27.1M | Reduce -10.2% |
| WSC Willscot Holdings Corp. | 10.64% | 358,201 | $16.7M | Add +53.9% |
| EEFT Euronet Worldwide Inc. | 8.34% | 118,748 | $13.1M | Add +49.2% |
| IMXI International Money Express | 8.02% | 550,029 | $12.6M | Add +48.2% |
| TFII Tfi International Inc. | 7.64% | 74,976 | $12.0M | Reduce -27.9% |
| ALIT Alight Inc. Class A | 7.29% | 1,158,400 | $11.4M | New |
| VVV Valvoline Inc. | 5.62% | 197,439 | $8.8M | New |
| EB Eventbrite Inc. Class A | 5.52% | 1,576,207 | $8.6M | New |
| FERG Ferguson Jersey Ltd. | 3.73% | 26,700 | $5.8M | Reduce -34.4% |
| PWSC Powerschool Holdings Inc. Class A | 3.05% | 224,225 | $4.8M | Reduce -44.3% |
| MLNK Meridianlink Inc. | 2.56% | 214,000 | $4.0M | Add +26.6% |
| PAR Par Technology Corp. | 0.36% | 12,352 | $560K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| GFL GFL Environmental Inc.-Sub VT | Sold out | 0.00% | −15.38 |
| PWSC Powerschool Holdings Inc. Class A | Reduce -44.3% | 3.05% | −3.49 |
| MATX Matson Inc. | Sold out | 0.00% | −2.72 |
| TFII Tfi International Inc. | Reduce -27.9% | 7.64% | −2.11 |
| FERG Ferguson Jersey Ltd. | Reduce -34.4% | 3.73% | −1.69 |
| APG Api Group Corp. | Reduce -10.2% | 17.30% | −1.01 |
| DSGR Distribution Solutions Group | Reduce -5.6% | 19.95% | −0.33 |
Portfolio Buys Q4 2023 → Q1 2024
| ALIT Alight Inc. Class A | New | 7.29% | +7.29 |
| VVV Valvoline Inc. | New | 5.62% | +5.62 |
| EB Eventbrite Inc. Class A | New | 5.52% | +5.52 |
| WSC Willscot Holdings Corp. | Add +53.9% | 10.64% | +3.50 |
| EEFT Euronet Worldwide Inc. | Add +49.2% | 8.34% | +2.77 |
| IMXI International Money Express | Add +48.2% | 8.02% | +2.37 |
| MLNK Meridianlink Inc. | Add +26.6% | 2.56% | −0.33 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 14 | $72.4M | GFL, CTRI, TFII, DRVN, APG |
| Q1 2026 | 15 | $65.0M | GFL, DRVN, APG, TFII, AMRZ |
| Q4 2025 | 15 | $88.8M | APG, GFL, DRVN, FLYW, FSV |
| Q3 2025 | 15 | $116.3M | APG, CWAN, GFL, FLYW, MGNI |
| Q2 2025 | 15 | $133.5M | APG, GFL, CWAN, DRVN, MGNI |
| Q1 2025 | 14 | $112.1M | DRVN, APG, ALIT, GFL, PAR |
| Q4 2024 | 12 | $140.1M | APG, DSGR, ALIT, PAR, TFII |
| Q3 2024 | 12 | $148.2M | DSGR, APG, ALIT, PAR, IMXI |
| Q2 2024 | 11 | $155.3M | APG, DSGR, ALIT, EEFT, IMXI |
| Q1 2024 | 13 | $156.6M | DSGR, APG, WSC, EEFT, IMXI |