Norwood Investment Partners, LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), Norwood Investment Partners, LP reported 12 stock positions worth $140.1 million. Its top holding was Api (APG) at 17.7% of the portfolio, followed by Distribution Solutions (DSGR, 16.6%) and Alight Class A (ALIT, 12.3%). Compared with Q3 2024, it opened 1 new position, sold out of 1, added to 4 and reduced 6. The biggest buy was a new position in Certara (CERT) and the biggest sale an exit from International Money Express (IMXI).
- Most Recent 13F
- Q2 2026
- Location
- MILL VALLEY, CA
- CIK
- 0001888610
- Portfolio Value
- $140.1M (Q4 2024)
- SEC Filing
- 0001888610-25-000001 ↗ filed Feb 11, 2025
Holdings Value
Holdings 12 stocks · $140.1M
| APG Api Group Corp. | 17.67% | 688,298 | $24.8M | Reduce -22.7% |
| DSGR Distribution Solutions Group | 16.56% | 674,209 | $23.2M | Reduce -14.9% |
| ALIT Alight Inc. Class A | 12.28% | 2,485,867 | $17.2M | Reduce -8.0% |
| PAR Par Technology Corp. | 10.42% | 200,800 | $14.6M | Reduce -22.1% |
| TFII Tfi International Inc. | 7.80% | 80,856 | $10.9M | Add +5.4% |
| FA First Advantage Corp. | 7.60% | 568,815 | $10.7M | Add +55.9% |
| FLYW Flywire Corp.-Voting | 6.40% | 434,546 | $9.0M | Add +176.6% |
| CERT Certara Inc. | 5.88% | 774,102 | $8.2M | New |
| AVDX Avidxchange Holdings Inc. | 5.77% | 781,181 | $8.1M | Add +62.5% |
| EEFT Euronet Worldwide Inc. | 4.40% | 59,928 | $6.2M | Reduce -18.4% |
| FERG Ferguson Jersey Ltd. | 3.31% | 26,700 | $4.6M | No change |
| MLNK Meridianlink Inc. | 1.92% | 130,370 | $2.7M | Reduce -53.0% |
Portfolio Sells Q3 2024 → Q4 2024
| IMXI International Money Express | Sold out | 0.00% | −8.32 |
| DSGR Distribution Solutions Group | Reduce -14.9% | 16.56% | −4.04 |
| APG Api Group Corp. | Reduce -22.7% | 17.67% | −2.18 |
| MLNK Meridianlink Inc. | Reduce -53.0% | 1.92% | −1.93 |
| ALIT Alight Inc. Class A | Reduce -8.0% | 12.28% | −1.22 |
| EEFT Euronet Worldwide Inc. | Reduce -18.4% | 4.40% | −0.52 |
| PAR Par Technology Corp. | Reduce -22.1% | 10.42% | +1.36 |
Portfolio Buys Q3 2024 → Q4 2024
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 |