Sunriver Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Sunriver Management LLC reported 22 stock positions worth $810.3 million. Its top holding was Integral Ad Science (IAS) at 8.1% of the portfolio, followed by Performance Food (PFGC, 7.1%) and Wex (WEX, 6.1%). Compared with Q4 2024, it opened 7 new positions, sold out of 4, added to 10 and reduced 5. The biggest buy was a new position in Jamf (JAMF) and the biggest sale an exit from Dun & Bradstreet (DNB).
- Most Recent 13F
- Q2 2026
- Location
- GREENWICH, CT
- CIK
- 0001663900
- Portfolio Value
- $810.3M (Q1 2025)
- SEC Filing
- 0001892688-25-000113 ↗ filed May 14, 2025
Holdings Value
Holdings 22 stocks · $810.3M
| IAS Integral Ad Science Holding | 8.12% | 8,166,774 | $65.8M | Add +12.0% |
| PFGC Performance Food Group Co. | 7.06% | 727,716 | $57.2M | Reduce -20.2% |
| WEX Wex Inc. | 6.09% | 314,069 | $49.3M | Add +75.9% |
| HURN Huron Consulting Group Inc. | 6.05% | 341,908 | $49.0M | Reduce -29.7% |
| FIS Fidelity National Info Serv | 6.02% | 653,399 | $48.8M | Add +112.6% |
| FA First Advantage Corp. | 5.95% | 3,420,507 | $48.2M | Add +49.2% |
| BOX Box Inc. Class A | 5.89% | 1,546,862 | $47.7M | Add +62.9% |
| OPLN Openlane Inc. | 5.39% | 2,263,449 | $43.6M | Reduce -15.1% |
| VRRM Verra Mobility Corp. | 5.33% | 1,920,395 | $43.2M | Add +38.6% |
| AMPL Amplitude Inc. Class A | 4.84% | 3,850,928 | $39.2M | Add +2.1% |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 4.61% | 3,077,674 | $37.4M | New |
| WTW Willis Towers Watson PLC | 4.45% | 106,647 | $36.0M | Reduce -39.3% |
| RPAY Repay Holdings Corp. | 4.24% | 6,168,501 | $34.4M | Add +2.1% |
| NABL N-Able Inc. | 4.01% | 4,580,663 | $32.5M | Add +28.6% |
| INFA Informatica Inc. Class A | 3.72% | 1,725,372 | $30.1M | New |
| SWK Stanley Black & Decker Inc. | 3.65% | 385,105 | $29.6M | Add +8.6% |
| DV Doubleverify Holdings Inc. | 2.77% | 1,681,779 | $22.5M | New |
| RTO Rentokil Initial PLC-SP ADR | 2.70% | 954,773 | $21.9M | New |
| SYY Sysco Corp. | 2.41% | 260,434 | $19.5M | New |
| PSFE Paysafe Ltd. | 2.33% | 1,205,649 | $18.9M | New |
| ICLR Icon PLC | 2.29% | 106,136 | $18.6M | Reduce -42.9% |
| CRSR Corsair Gaming Inc. | 2.06% | 1,888,561 | $16.7M | New |
Portfolio Sells Q4 2024 → Q1 2025
| DNB Dun & Bradstreet Holdings Inc. | Sold out | 0.00% | −7.84 |
| SSNC Ss&c Technologies Holdings | Sold out | 0.00% | −4.86 |
| CARG Cargurus Inc. | Sold out | 0.00% | −3.85 |
| FISV Fiserv Inc. | Sold out | 0.00% | −3.19 |
| ICLR Icon PLC | Reduce -42.9% | 2.29% | −2.37 |
| PFGC Performance Food Group Co. | Reduce -20.2% | 7.06% | −2.16 |
| WTW Willis Towers Watson PLC | Reduce -39.3% | 4.45% | −2.14 |
| HURN Huron Consulting Group Inc. | Reduce -29.7% | 6.05% | −1.18 |
| OPLN Openlane Inc. | Reduce -15.1% | 5.39% | −0.94 |
Portfolio Buys Q4 2024 → Q1 2025
| JAMF Jamf Holding Corp. | New | 4.61% | +4.61 |
| INFA Informatica Inc. Class A | New | 3.72% | +3.72 |
| FIS Fidelity National Info Serv | Add +112.6% | 6.02% | +3.05 |
| DV Doubleverify Holdings Inc. | New | 2.77% | +2.77 |
| RTO Rentokil Initial PLC-SP ADR | New | 2.70% | +2.70 |
| SYY Sysco Corp. | New | 2.41% | +2.41 |
| WEX Wex Inc. | Add +75.9% | 6.09% | +2.34 |
| PSFE Paysafe Ltd. | New | 2.33% | +2.33 |
| BOX Box Inc. Class A | Add +62.9% | 5.89% | +2.30 |
| CRSR Corsair Gaming Inc. | New | 2.06% | +2.06 |
| VRRM Verra Mobility Corp. | Add +38.6% | 5.33% | +1.33 |
| FA First Advantage Corp. | Add +49.2% | 5.95% | +0.81 |
| SWK Stanley Black & Decker Inc. | Add +8.6% | 3.65% | +0.25 |
| AMPL Amplitude Inc. Class A | Add +2.1% | 4.84% | +0.08 |
| NABL N-Able Inc. | Add +28.6% | 4.01% | +0.03 |
| IAS Integral Ad Science Holding | Add +12.0% | 8.12% | −0.99 |
| RPAY Repay Holdings Corp. | Add +2.1% | 4.24% | −1.28 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 21 | $636.8M | ARMK, WCN, SSNC, DG, FA |
| Q1 2026 | 18 | $591.3M | ARMK, SSNC, WCN, OPLN, VRRM |
| Q4 2025 | 23 | $953.9M | VRRM, LMT, SSNC, BOX, RTO |
| Q3 2025 | 21 | $920.0M | IAS, HURN, VRRM, RTO, BOX |
| Q2 2025 | 23 | $932.6M | IAS, PFGC, OPLN, VRRM, HURN |
| Q1 2025 | 22 | $810.3M | IAS, PFGC, WEX, HURN, FIS |
| Q4 2024 | 19 | $835.7M | PFGC, IAS, DNB, HURN, WTW |
| Q3 2024 | 17 | $813.5M | IAS, PFGC, DNB, OPLN, WEX |
| Q2 2024 | 20 | $790.0M | DNB, IAS, PFGC, WTW, SSNC |
| Q1 2024 | 20 | $765.2M | IAS, DNB, PFGC, CACI, OPLN |