Durable Capital Partners LP

Fundamental diversified ★Signal CIK 1798849
League rank
#494
in Fundamental diversified · #3106 overall
Long book
$9.71B
Q1 2026
Positions
37
Top-10 weight
59%
concentration
Last quarter
+12.4%
SPY +14.8%
Turnover
40%
of book per quarter

Strategy in plain words

auto-generated from filings

Durable Capital Partners LP is a diversified fundamental manager, running a $9.71B US long book across 37 positions.

The portfolio is concentrated: the top 10 names carry 59% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: RBC BEARINGS INC, DOORDASH INC - A, MERCADOLIBRE INC, API GROUP CORP, QNITY ELECTRONICS INC.

Over the last 9 quarters its long book ran on average 2.2pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-5.8%
Q2 2024
+11.0%
Q3 2024
+4.4%
Q4 2024
-7.3%
Q1 2025
+19.0%
Q2 2025
+2.5%
Q3 2025
-6.9%
Q4 2025
-8.7%
Q1 2026
+12.4%

Sector allocation

Services media
29%
Industrials
23%
Technology
13%
Healthcare
12%
Consumer discretionary
12%
Financials
6%
Utilities
3%
Other
1%

Long book by quarter

$12.91B
Q1 2024
$12.18B
Q2 2024
$13.67B
Q3 2024
$12.26B
Q4 2024
$11.19B
Q1 2025
$13.21B
Q2 2025
$13.50B
Q3 2025
$10.57B
Q4 2025
$9.71B
Q1 2026

What does Durable Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
RBC RBC BEARINGS INCIndustrials2.3M$1.24B12.7%-3.0%
DASH DOORDASH INC - AServices media4.3M$642.0M6.6%+19.5%
MELI MERCADOLIBRE INCServices media350.8K$606.6M6.2%+13.9%
APG API GROUP CORPServices media14.8M$598.7M6.2%-1.6%
Q QNITY ELECTRONICS INCTechnology5.1M$587.1M6.0%+81.7%
XPO XPO INCIndustrials2.9M$571.2M5.9%-25.7%
FERG FERGUSON ENTERPRISES INCConsumer discretionary2.2M$511.3M5.3%+40.4%
MDLN MEDLINE INC-CL AHealthcare7.3M$323.3M3.3%+5.3%
CVNA CARVANA COConsumer discretionary995.7K$313.0M3.2%+7.6%
CLH CLEAN HARBORS INCUtilities1.1M$301.3M3.1%+25.9%
ULS UL SOLUTIONS INC - CLASS AServices media3.3M$282.1M2.9%+28.4%
RKT ROCKET COS INC-CLASS AFinancials19.3M$275.1M2.8%+10.5%
FOUR SHIFT4 PAYMENTS INC-CLASS AServices media6.2M$269.6M2.8%-6.7%
VSEC VSE CORPServices media1.4M$259.0M2.7%+59.8%
AFRM AFFIRM HOLDINGS INCFinancials5.6M$258.9M2.7%+53.5%
PRVA PRIVIA HEALTH GROUP INCHealthcare12.1M$248.6M2.6%Held
CPNG COUPANG INCConsumer discretionary12.9M$242.9M2.5%-47.4%
OPCH OPTION CARE HEALTH INCHealthcare9.0M$242.0M2.5%Held
TECH BIO-TECHNE CORPHealthcare4.5M$232.9M2.4%+113.3%
WIX WIX.COM LTDTechnology2.0M$183.9M1.9%New
CRH CRH PLCIndustrials1.5M$155.3M1.6%New
YOU CLEAR SECURE INC -CLASS ATechnology3.0M$143.9M1.5%-14.2%
WRBY WARBY PARKER INC-CLASS AHealthcare6.4M$134.8M1.4%-12.5%
SHOP SHOPIFY INC - CLASS ATechnology971.8K$115.3M1.2%-52.4%
ENTG ENTEGRIS INCOther971.7K$113.9M1.2%New
FN FABRINETTechnology216.5K$112.9M1.2%New
AYI ACUITY INCIndustrials355.7K$99.7M1.0%-56.4%
CIGI COLLIERS INTL GR-SUBORD VOTReal estate828.8K$88.6M0.9%-75.4%
AIT APPLIED INDUSTRIAL TECH INCConsumer discretionary296.6K$78.7M0.8%New
FLS FLOWSERVE CORPIndustrials951.8K$70.0M0.7%New
GSHD GOOSEHEAD INSURANCE INC -AFinancials1.6M$66.7M0.7%Held
ANDG ANDERSEN GROUP INC - AServices media1.7M$45.4M0.5%Held
RBLX ROBLOX CORP -CLASS ATechnology646.4K$36.6M0.4%-44.4%
AUR AURORA INNOVATION INCTechnology1.5M$6.1M0.1%-78.0%
ESAB ESAB CORPIndustrials34.3K$3.3M0.0%New
XMTR XOMETRY INC-AServices media55.4K$2.3M0.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202637$9.71B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202640$10.57B canonicalSEC ↗
Q3 202513F-HRNov 14, 202548$13.50B canonicalSEC ↗
Q2 202513F-HRAug 14, 202544$13.21B canonicalSEC ↗
Q1 202513F-HRMay 15, 202551$11.19B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202546$12.26B canonicalSEC ↗
Q3 202413F-HRNov 14, 202448$13.67B canonicalSEC ↗
Q2 202413F-HRAug 14, 202449$12.18B canonicalSEC ↗
Q1 202413F-HRMay 15, 202453$12.91B canonicalSEC ↗