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Sunriver Management Portfolio holdings
AUM
$637M
Turnover
65.52%
1-Year Est. Return
2.87%
This Fund
S&P 500
This Quarter
Est. Return
-12.16%
1 Year Est. Return
+2.87%
3 Year Est. Return
+9.27%
5 Year Est. Return
+2.77%
10 Year Est. Return
+135.84%
AUM
$591M
AUM Growth
-$363M
(-38%)
Cap. Flow
-$278M
Cap. Flow
% of AUM
-46.96%
Top 10 Holdings %
Top 10 Hldgs %
69%
Holding
27
New
4
Increased
6
Reduced
8
Closed
9
Avg Time Held
1
year
Top 10 Avg Time Held
0.4
years
Top 20 Avg Time Held
0.9
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Waste Connections
WCN
|
+$53.8M |
| 2 |
Fidelity National Information Services
FIS
|
+$29.5M |
| 3 |
Bobs Discount Furniture
BOBS
|
+$25.9M |
| 4 |
CAE Inc
CAE
|
+$25.6M |
| 5 |
SS&C Technologies
SSNC
|
+$12.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lockheed Martin
LMT
|
+$57.3M |
| 2 |
Box
BOX
|
+$52.1M |
| 3 |
Rentokil
RTO
|
+$50M |
| 4 |
Sysco
SYY
|
+$48.1M |
| 5 |
N-able
NABL
|
+$45.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 44.87% |
| 2 | Technology | 31.35% |
| 3 | Consumer Discretionary | 10.5% |
| 4 | Consumer Staples | 5% |
| 5 | Communication Services | 4.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Aramark
ARMK
$14.5B
| $56.7M | 9.59% |
1,398,349
+46,952
| +3% | +$1.86M |
2025 Q2
3 quarters
|
|
|
2
SS&C Technologies
SSNC
$19.8B
| $53.9M | 9.12% |
797,849
+166,970
| +26% | +$12.8M |
2025 Q2
3 quarters
|
|
|
3
Waste Connections
WCN
$41.6B
| $52.4M | 8.86% |
+322,683
| New | +$53.8M |
2026 Q1
0 quarters
|
|
4
Openlane
OPLN
$4.51B
| $44.3M | 7.48% |
1,518,196
+19,634
| +1% | +$567K |
2023 Q3
10 quarters
|
|
5
Verra Mobility
VRRM
$447M
| $42.1M | 7.11% |
2,943,917
-13,059
| -0.4% | -$239K |
2024 Q4
5 quarters
|
|
6
First Advantage
FA
$3.45B
| $35.7M | 6.03% |
3,032,711
+371,425
| +14% | +$4.54M |
2023 Q3
10 quarters
|
|
7
CDW
CDW
$19.3B
| $32.5M | 5.49% |
268,356
+99,374
| +59% | +$12.6M |
2025 Q4
1 quarter
|
|
8
WEX
WEX
$6.17B
| $31.2M | 5.27% |
203,694
-125,483
| -38% | -$19.6M |
2024 Q3
6 quarters
|
|
9
Huron Consulting
HURN
$2.79B
| $29.8M | 5.04% |
233,820
-45,269
| -16% | -$6.81M |
2024 Q2
7 quarters
|
|
10
Performance Food Group
PFGC
$15.3B
| $29.6M | 5% |
345,211
-109,104
| -24% | -$9.98M |
2021 Q4
17 quarters
|
|
11
Live Nation Entertainment
LYV
$40.2B
| $26M | 4.4% |
170,661
+20,661
| +14% | +$3.13M |
2025 Q4
1 quarter
|
|
12
CBIZ
CBZ
$3.01B
| $26M | 4.4% |
968,631
-20,718
| -2% | -$731K |
2025 Q3
2 quarters
|
|
|
13
Fidelity National Information Services
FIS
$18.6B
| $25.7M | 4.35% |
+548,860
| New | +$29.5M |
2026 Q1
0 quarters
|
|
14
TransUnion
TRU
$14.2B
| $23M | 3.88% |
331,809
-186,112
| -36% | -$14.2M |
2025 Q4
1 quarter
|
|
|
15
CAE Inc
CAE
$7.7B
| $22M | 3.72% |
+844,393
| New | +$25.6M |
2026 Q1
0 quarters
|
|
|
16
Lockheed Martin
LMT
$123B
| $21.9M | 3.71% |
36,270
-93,043
| -72% | -$57.3M |
2025 Q4
1 quarter
|
|
17
Stanley Black & Decker
SWK
$14B
| $20.8M | 3.52% |
293,036
-140,637
| -32% | -$11.3M |
2024 Q4
5 quarters
|
|
|
18
Bobs Discount Furniture
BOBS
$1.93B
| $17.8M | 3.02% |
+1,517,451
| New | +$25.9M |
2026 Q1
0 quarters
|
|
19
ACV Auctions
ACVA
$1.78B
| – | – |
-2,963,578
| Closed | -$23.8M | – |
|
|
20
Box
BOX
$5.42B
| – | – |
-1,741,267
| Closed | -$52.1M | – |
|
21
CCC Intelligent Solutions
CCC
$4.49B
| – | – |
-2,000,000
| Closed | -$15.9M | – |
|
22
Huntington Ingalls Industries
HII
$10.5B
| – | – |
-115,217
| Closed | -$39.2M | – |
|
23
IQVIA
IQV
$44.6B
| – | – |
-163,513
| Closed | -$36.9M | – |
|
|
24
N-able
NABL
$869M
| – | – |
-6,134,573
| Closed | -$45.9M | – |
|
25
Repay Holdings
RPAY
$347M
| – | – |
-4,361,524
| Closed | -$15.9M | – |
|
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Sunriver Management's Q1 2026 Portfolio in Review
As of Q1 2026, Sunriver Management held 27 positions worth $591M, down 38% from $954M the previous quarter. Its ten largest holdings account for 69% of the portfolio.
Sunriver Management withdrew a net $278M in Q1 2026, closing 9 positions and reducing 8 holdings. Its most notable exit was Box, an estimated $52.1M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 45% of assets, up from 39% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Sunriver Management opened a new position in Waste Connections worth $52.4M.
- Sunriver Management's largest Q1 2026 buy was Waste Connections: 322,683 shares worth $52.4M.
- Sunriver Management added most to SS&C Technologies in Q1 2026, an estimated $12.8M increase.
- Sunriver Management's biggest Q1 2026 reduction was Lockheed Martin, cutting an estimated $57.3M.
- Sunriver Management fully exited Box in Q1 2026, selling an estimated $52.1M.
- Sunriver Management's ten largest holdings make up 69% of its $591M portfolio in Q1 2026.
- Sunriver Management opened 4 new positions and closed 9 in Q1 2026.
- Sunriver Management's portfolio value fell 38% quarter-over-quarter to $591M.
Based on Sunriver Management's 13F filing for Q1 2026, filed 14 May 2026.