Henry Ellenbogen Durable Capital Partners
Henry Ellenbogen is the founder of Durable Capital Partners, a firm focused on long-term ownership of innovative and durable growth companies. He previously managed growth portfolios at T. Rowe Price, where he built a reputation for identifying businesses early in their scaling phase. Durable’s public filings are followed for exposure to founder-led and high-quality growth equities.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Warby Parker
WRBY
|
+$424M |
| 2 |
On Holding
ONON
|
+$227M |
| 3 |
Enovis
ENOV
|
+$225M |
| 4 |
Toast
TOST
|
+$200M |
| 5 |
Coupang
CPNG
|
+$194M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DoorDash
DASH
|
+$198M |
| 2 |
Affirm
AFRM
|
+$180M |
| 3 |
Airbnb
ABNB
|
+$168M |
| 4 |
Toro Company
TTC
|
+$141M |
| 5 |
SoFi Technologies
SOFI
|
+$133M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 37.42% |
| 2 | Consumer Discretionary | 16% |
| 3 | Industrials | 11.9% |
| 4 | Financials | 10.01% |
| 5 | Healthcare | 9.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Enovis
ENOV
$1.5B
| $221M | 1.67% |
+2,797,073
| New | +$225M |
|
27
XP
XP
$8.53B
| $217M | 1.64% |
5,398,511
+2,404,801
| +80% | +$107M |
|
|
WCN
28
Waste Connections
WCN
$42.6B
| $191M | 1.44% |
1,512,779
-79,620
| -5% | -$10.1M |
|
|
PPLI
29
People Inc
PPLI
$2.86B
| $190M | 1.44% |
1,777,024
-216,078
| -11% | -$23.8M |
|
|
30
On Holding
ONON
$10B
| $187M | 1.42% |
+6,465,000
| New | +$227M |
|
|
CWAN
31
DELISTED
Clearwater Analytics
CWAN
| $176M | 1.34% |
+7,037,371
| New | +$181M |
|
|
32
Toast
TOST
$21.2B
| $173M | 1.31% |
+3,650,355
| New | +$200M |
|
33
Agilon Health
AGL
$1.62B
| $168M | 1.27% |
257,855
+9,867
| +4% | +$8.43M |
|
34
Duolingo
DUOL
$6.84B
| $129M | 0.98% |
+794,981
| New | +$121M |
|
35
National Vision
EYE
$1.41B
| $127M | 0.96% |
2,235,741
-643,295
| -22% | -$35.5M |
|
36
Goosehead Insurance
GSHD
$2.58B
| $126M | 0.95% |
826,404
-43,495
| -5% | -$5.87M |
|
37
WIX.com
WIX
$3.43B
| $124M | 0.94% |
630,689
-136,739
| -18% | -$33.9M |
|
38
Descartes Systems
DSGX
$6.7B
| $111M | 0.84% |
1,360,249
-71,592
| -5% | -$5.42M |
|
39
Upwork
UPWK
$1.08B
| $106M | 0.8% |
2,347,652
+852,376
| +57% | +$41.5M |
|
40
Vroom Inc
VRM
$53.8M
| $92.4M | 0.7% |
52,356
-23,339
| -31% | -$59.4M |
|
41
Burlington
BURL
$20.6B
| $91.6M | 0.69% |
322,921
-323,244
| -50% | -$103M |
|
42
Xometry
XMTR
$4.79B
| $82M | 0.62% |
1,445,516
| – | – |
|
|
FTCH
43
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $80.2M | 0.61% |
2,141,032
+596,212
| +39% | +$26.4M |
|
44
Doximity
DOCS
$4.51B
| $60.5M | 0.46% |
750,000
| – | – |
|
|
45
SoFi Technologies
SOFI
$24.4B
| $57.1M | 0.43% |
3,597,334
-8,504,207
| -70% | -$133M |
|
|
ACCD
46
DELISTED
Accolade Inc
ACCD
| $52.7M | 0.4% |
1,250,329
-65,807
| -5% | -$3.09M |
|
|
VMEO
47
DELISTED
Vimeo
VMEO
| $50.6M | 0.38% |
1,723,541
-975,836
| -36% | -$38.5M |
|
48
monday.com
MNDY
$3.84B
| $48.9M | 0.37% |
150,000
| – | – |
|
49
Bright Horizons
BFAM
$3.54B
| $41M | 0.31% |
294,277
-392,550
| -57% | -$57.6M |
|
|
CZOO
50
DELISTED
Cazoo Group Ltd
CZOO
| $38.2M | 0.29% |
+2,564
| New | +$48.1M |
|
Similar funds
Henry Ellenbogen's Q3 2021 Portfolio in Review
As of Q3 2021, Henry Ellenbogen held 68 positions worth $13.2B, down 2.6% from $13.6B the previous quarter. Its ten largest holdings account for 41% of the portfolio.
Henry Ellenbogen's Q3 2021 filing shows 11 new, 12 increased, 35 reduced and 3 closed positions. Its largest new stake was Warby Parker: 7,887,525 shares worth $418M. The largest sale was DoorDash, an estimated $198M.
By sector, the portfolio is most concentrated in Technology at 37% of assets, up from 35% a quarter earlier, followed by Consumer Discretionary and Industrials.
- Henry Ellenbogen's largest Q3 2021 buy was Warby Parker: 7,887,525 shares worth $418M.
- Henry Ellenbogen added most to Coupang in Q3 2021, an estimated $194M increase.
- Henry Ellenbogen's biggest Q3 2021 reduction was DoorDash, cutting an estimated $198M.
- Henry Ellenbogen fully exited Airbnb in Q3 2021, selling an estimated $168M.
- Henry Ellenbogen's ten largest holdings make up 41% of its $13.2B portfolio in Q3 2021.
- Henry Ellenbogen opened 11 new positions and closed 3 in Q3 2021.
- Henry Ellenbogen's portfolio value fell 2.6% quarter-over-quarter to $13.2B.
Based on Durable Capital Partners's 13F filing for Q3 2021, filed 15 Nov 2021.