Specialist · Public · Bethesda, MD
Durable Capital Partners
Q1 2025 · compared with Q4 2024
Filed as Durable Capital Partners LP
Concentrated public investor. Software is a core sleeve.
- Software
- $3.8B
- Weight of 13F
- 33.5%
- Names
- 15
- Net bought
- −$892M
Filed 15 May 2025 · SEC filing.
51 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
- DuolingoDUOL1,694,283 shares · 14.0% of their software · price −$23.2M$526M−$203M
- HubSpotHUBS847,463 shares · 12.9% of their software · price −$106M$484M−$82.1M
- Shift4 Payments, Inc.FOUR5,919,793 shares · 12.9% of their software · price −$131M$484M+$81.9M
- IntuitINTU697,567 shares · 11.4% of their software · price −$10.1M$428M−$89.9M
- ShopifySHOP4,275,819 shares · 10.9% of their software · price −$46.4M$408M+$34.6M
- ToastTOST10,836,694 shares · 9.6% of their software · price −$35.5M$359M−$168M
- Roper Technologies, Inc.ROP564,799 shares · 8.9% of their software · price +$39.4M$333M−$39.9M
- DescartesDSGX2,818,757 shares · 7.6% of their software · price −$36.0M$284M−$11.0M
- WixWIX580,808 shares · 2.5% of their software · price −$29.7M$94.9M+$34.8M
- AppLovinAPP335,558 shares · 2.4% of their software · price −$19.8M$88.9MNew · +$109M
- Clear Secure, Inc.YOU2,959,190 shares · 2.0% of their software · price −$2.2M$76.7MNew · +$78.8M
- ProcorePCOR825,120 shares · 1.5% of their software · price −$7.4M$54.5M+$28.1M
- ServiceTitanTTAN516,403 shares · 1.3% of their software · price −$4.0M$49.1M−$23.1M
- monday.comMNDY186,312 shares · 1.2% of their software · price +$1.4M$45.3M−$66.2M
- PTCPTC235,065 shares · 1.0% of their software · price −$6.8M$36.4M−$37.8M