Specialist · Public · Bethesda, MD
Durable Capital Partners
Q4 2023 · compared with Q3 2023
Filed as Durable Capital Partners LP
Concentrated public investor. Software is a core sleeve.
- Software
- $5.3B
- Weight of 13F
- 42.1%
- Names
- 17
- Net bought
- +$130M
Filed 14 February 2024 · SEC filing.
52 positions in the whole 13F.
Quarters on file
Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.
- Q2 20264 names$955M+$174M
- Q1 20264 names$713M−$923M
- Q4 202511 names$1.8B−$1.3B
- Q3 202513 names$3.3B−$771M
- Q2 202513 names$4.1B−$297M
- Q1 202515 names$3.8B−$892M
- Q4 202415 names$5.1B−$1.5B
- Q3 202415 names$5.8B−$196M
- Q2 202416 names$5.4B−$88.4M
- Q1 202416 names$5.6B+$141M
- Q4 202317 names$5.3B+$130M
- Q3 202315 names$4.5B+$47.6M
- Q2 202313 names$4.4B−$101M
- Q1 202313 names$4.3B−$270M
- Q4 202213 names$3.8B+$510M
- Q3 202215 names$3.4B+$216M
- Q2 202215 names$3.1B+$1.4B
- Q1 202215 names$3.6B+$743M
- Q4 202115 names$3.8B+$308M
- Q3 202116 names$3.6B+$220M
- Q2 202112 names$3.3B+$181M
- Q1 202111 names$2.6B−$70.5M
- Q4 202013 names$2.8B−$37.0M
- Q3 202012 names$2.4B+$319M
- Q2 20209 names$1.8B+$711M
- Q1 20206 names$274M+$311M
- Q4 20190 names$0—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- IntuitINTU1,436,371 shares · 16.8% of their software · price +$164M$898M+$11.5M
- DuolingoDUOL3,195,402 shares · 13.6% of their software · price +$195M$725M−$108M
- Roper Technologies, Inc.ROP1,255,681 shares · 12.8% of their software · price +$76.5M$685M−$207M
- HubSpotHUBS1,125,113 shares · 12.3% of their software · price +$99.1M$653M+$39.4M
- AtlassianTEAM2,239,362 shares · 10.0% of their software · price +$81.4M$533M+$106M
- Shift4 Payments, Inc.FOUR4,768,807 shares · 6.6% of their software · price +$90.5M$355M+$33.3M
- DescartesDSGX3,853,875 shares · 6.1% of their software · price +$41.2M$324M+$23.7M
- ToastTOST13,582,931 shares · 4.7% of their software · price −$6.4M$248M+$15.4M
- SS&CSSNC3,575,795 shares · 4.1% of their software · price +$30.6M$219M+$71.1M
- VeevaVEEV936,650 shares · 3.4% of their software · price −$10.2M$180M+$9.6M
- Clear Secure, Inc.YOU6,513,950 shares · 2.5% of their software · price +$10.5M$135M−$34.7M
- PTCPTC709,319 shares · 2.3% of their software · price +$23.6M$124MNew · +$100M
- GuidewireGWRE630,256 shares · 1.3% of their software · price +$12.0M$68.7MNew · +$56.7M
- DatadogDDOG542,659 shares · 1.2% of their software · price +$16.4M$65.9M−$12.9M
- DoximityDOCS1,986,603 shares · 1.0% of their software · price +$13.5M$55.7MNew · +$42.2M
- ShopifySHOP625,143 shares · 0.9% of their software · price +$14.6M$48.7MNew · +$34.1M
- Clearwater AnalyticsCWAN796,686 shares · 0.3% of their software$16.0M—