Henry Ellenbogen – Durable Capital Partners Portfolio Activity & Recent Trades (Dec 31, 2025)
As of Dec 31, 2025, the Durable Capital Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 17, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q4 2025, the filing reported:
New Buys – The Descartes Systems Group Inc, iShares Russell 2000 ETF, Twilio Inc., UL Solutions Inc.
Increases – APi Group Corporation, Clean Harbors, Inc., Carvana Co., DoorDash, Inc., Ferguson Enterprises Inc., and 8 more
Reductions – Affirm Holdings, Inc., Applovin Corporation, Aurora Innovation, Inc., Acuity Brands, Inc., Booking Holdings Inc. Common St, and 13 more
Complete Exits – Outset Medical, Birkenstock, Entegris, Inc., ESAB Corporation, Flutter Entertainment, and 10 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Name | Type | Change Qty | % Change | Value | Remaining |
|---|---|---|---|---|---|---|---|
Q4 2025 | 690145206 Outset Medical | Outset Medical | Sell - Position Exit | -1,023,706 | -100.0% | $0.00 | - |
Q4 2025 | AFRM Affirm Holdings, Inc. | Affirm Holdings, Inc. | Sell | -2,587,342 | -41.3% | $273.99M | 3,681,173 |
Q4 2025 | APG APi Group Corporation | APi Group Corporation | Buy | +119,200 | +0.8% | $574.56M | 15,017,378 |
Q4 2025 | APP Applovin Corporation | Applovin Corporation | Sell | -24,431 | -13.0% | $110.11M | 163,405 |
Q4 2025 | AUR Aurora Innovation, Inc. | Aurora Innovation, Inc. | Sell | -5,275,578 | -43.8% | $25.99M | 6,768,585 |
Q4 2025 | AYI Acuity Brands, Inc. | Acuity Brands, Inc. | Sell | -548,297 | -40.2% | $293.55M | 815,322 |
Q4 2025 | BIRK Birkenstock | Birkenstock | Sell - Position Exit | -886,660 | -100.0% | $0.00 | - |
Q4 2025 | BKNG Booking Holdings Inc. Common St | Booking Holdings Inc. Common St | Sell | -37,045 | -67.0% | $97.86M | 18,274 |
Q4 2025 | CBZ CBIZ, Inc. | CBIZ, Inc. | Sell | -2,293,098 | -58.4% | $82.33M | 1,631,969 |
Q4 2025 | CIGI Colliers International Group In | Colliers International Group In | Sell | -329,364 | -8.9% | $495.39M | 3,369,760 |
Q4 2025 | CLH Clean Harbors, Inc. | Clean Harbors, Inc. | Buy | +261,097 | +45.5% | $195.74M | 834,763 |
Q4 2025 | CPNG Coupang, Inc. | Coupang, Inc. | Sell | -380,204 | -1.5% | $576.85M | 24,452,985 |
Q4 2025 | CVNA Carvana Co. | Carvana Co. | Buy | +32,568 | +3.6% | $390.39M | 925,045 |
Q4 2025 | DASH DoorDash, Inc. | DoorDash, Inc. | Buy | +1,907,086 | +114.1% | $810.51M | 3,578,745 |
Q4 2025 | DSGX The Descartes Systems Group Inc | The Descartes Systems Group Inc | Buy - Position Entry | +1,710,202 | - | $149.92M | 1,710,202 |
Q4 2025 | DUOL Duolingo, Inc. | Duolingo, Inc. | Sell | -755,738 | -86.4% | $20.92M | 119,181 |
Q4 2025 | ENTG Entegris, Inc. | Entegris, Inc. | Sell - Position Exit | -3,765,035 | -100.0% | $0.00 | - |
Q4 2025 | ESAB ESAB Corporation | ESAB Corporation | Sell - Position Exit | -1,945,854 | -100.0% | $0.00 | - |
Q4 2025 | FERG Ferguson Enterprises Inc. | Ferguson Enterprises Inc. | Buy | +472,372 | +43.4% | $347.60M | 1,561,342 |
Q4 2025 | FLUT Flutter Entertainment | Flutter Entertainment | Sell - Position Exit | -1,243,988 | -100.0% | $0.00 | - |
Q4 2025 | FND Floor & Decor Holdings, Inc. | Floor & Decor Holdings, Inc. | Sell - Position Exit | -1,645,369 | -100.0% | $0.00 | - |
Q4 2025 | FOUR Shift4 Payments, Inc. | Shift4 Payments, Inc. | Buy | +980,485 | +17.4% | $416.04M | 6,606,969 |
Q4 2025 | FSV FirstService Corporation | FirstService Corporation | Sell | -1,780,122 | -80.3% | $67.90M | 436,598 |
Q4 2025 | GSHD Goosehead Insurance, Inc. | Goosehead Insurance, Inc. | Buy | +20,783 | +1.3% | $115.11M | 1,562,969 |
Q4 2025 | HUBS HubSpot, Inc. | HubSpot, Inc. | Sell - Position Exit | -326,711 | -100.0% | $0.00 | - |
Q4 2025 | INTU Intuit Inc. | Intuit Inc. | Sell - Position Exit | -437,256 | -100.0% | $0.00 | - |
Q4 2025 | IWM iShares Russell 2000 ETF | iShares Russell 2000 ETF | Buy - Position Entry | +96,776 | - | $23.82M | 96,776 |
Q4 2025 | MASI Masimo Corporation | Masimo Corporation | Sell - Position Exit | -620,619 | -100.0% | $0.00 | - |
Q4 2025 | MELI MercadoLibre, Inc. | MercadoLibre, Inc. | Buy | +132,496 | +75.5% | $620.26M | 307,932 |
Q4 2025 | OPCH Option Care Health, Inc. | Option Care Health, Inc. | Buy | +1,559,485 | +21.0% | $286.46M | 8,991,254 |