Providence Equity Partners L.L.C.

Fundamental diversified ★Signal CIK 1492133
Long book
$565.1M
Q1 2026
Positions
3
Top-10 weight
100%
concentration
Last quarter
+25.5%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Providence Equity Partners L.L.C. is a diversified fundamental manager, running a $565.1M US long book across 3 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: OUTFRONT MEDIA INC, DOUBLEVERIFY HOLDINGS INC, CALLAWAY GOLF COMPANY.

Over the last 9 quarters its long book ran on average 6.8pp per quarter behind the S&P 500, beating the index in 4 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
-34.0%
Q2 2024
-19.2%
Q3 2024
-0.6%
Q4 2024
-26.9%
Q1 2025
+14.9%
Q2 2025
-1.0%
Q3 2025
+15.5%
Q4 2025
+5.2%
Q1 2026
+25.5%

Sector allocation

Technology
53%
Other
47%

Long book by quarter

$1.56B
Q1 2024
$1.08B
Q2 2024
$994.8M
Q3 2024
$980.0M
Q4 2024
$770.5M
Q1 2025
$846.6M
Q2 2025
$583.6M
Q3 2025
$671.2M
Q4 2025
$565.1M
Q1 2026

What does Providence Equity own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
DV DOUBLEVERIFY HOLDINGS INCTechnology18.3M$173.8M30.7%Held
CALY CALLAWAY GOLF COMPANYOther11.2M$155.1M27.4%-47.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20263$565.1M canonicalSEC ↗
Q4 202513F-HRFeb 17, 20263$671.2M canonicalSEC ↗
Q3 202513F-HRNov 14, 20253$583.6M canonicalSEC ↗
Q2 202513F-HRAug 14, 20253$846.6M canonicalSEC ↗
Q1 202513F-HRMay 15, 20253$770.5M canonicalSEC ↗
Q4 202413F-HRFeb 14, 20253$980.0M canonicalSEC ↗
Q3 202413F-HRNov 14, 20243$994.8M canonicalSEC ↗
Q2 202413F-HRAug 14, 20243$1.08B canonicalSEC ↗
Q1 202413F-HRMay 15, 20243$1.56B canonicalSEC ↗