Long Path Partners L.P. 13F annual report
Long Path Partners L.P. is an investment fund managing more than $190 billion ran by William Brennan. There are currently 8 companies in Mr. Brennan’s portfolio. The largest investments include Corpay Inc and Ncino, together worth $81 billion.
$190 billion Assets Under Management (AUM)
As of 7th August 2024, Long Path Partners L.P.’s top holding is 137,451 shares of Corpay Inc currently worth over $42.4 billion and making up 22.3% of the portfolio value.
In addition, the fund holds 1,031,606 shares of Ncino worth $38.6 billion, whose value grew 2.0% in the past six months.
The third-largest holding is Alkami Technology Inc worth $29.8 billion and the next is Salesforce Inc worth $24.1 billion, with 80,029 shares owned.
Currently, Long Path Partners L.P.'s portfolio is worth at least $190 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Long Path Partners L.P.
The Long Path Partners L.P. office and employees reside in Stamford, Connecticut. According to the last 13-F report filed with the SEC, William Brennan serves as the Managing Member of the General Partner at Long Path Partners L.P..
Recent trades
In the most recent 13F filing, Long Path Partners L.P. revealed that it had opened a new position in
Corpay Inc and bought 137,451 shares worth $42.4 billion.
The investment fund also strengthened its position in Ncino by buying
646,902 additional shares.
This makes their stake in Ncino total 1,031,606 shares worth $38.6 billion.
Ncino soared 7.5% in the past year.
On the other hand, there are companies that Long Path Partners L.P. is getting rid of from its portfolio.
Long Path Partners L.P. closed its position in Fleetcor Technologies Inc on 14th August 2024.
It sold the previously owned 207,461 shares for $52.1 billion.
William Brennan also disclosed a decreased stake in Alkami Technology Inc by 0.6%.
This leaves the value of the investment at $29.8 billion and 1,213,076 shares.
One of the smallest hedge funds
The two most similar investment funds to Long Path Partners L.P. are Fonville Wealth Management and Alm First Advisors. They manage $252 billion and $252 billion respectively.
William Brennan investment strategy
Long Path Partners L.P.’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Technology — making up 45.9% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
25% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $30.1 billion.
The complete list of Long Path Partners L.P. trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Fleetcor Technologies Inc |
Closed
207,461
|
$52,089,308,000 | |
| Corpay Inc |
Opened
137,451
|
$42,409,132,000 | 22.32% |
| Ncino, Inc. |
168.16%
1,031,606
|
$38,561,432,000 | 20.29% |
| Alkami Technology Inc |
57.96%
1,213,076
|
$29,805,277,000 | 15.69% |
| Salesforce Inc |
52.98%
80,029
|
$24,103,134,000 | 12.68% |
| Docebo Inc. |
32.79%
396,753
|
$19,432,962,000 | 10.23% |
| Liberty Broadband Corp |
11.26%
325,282
|
$18,614,462,000 | 9.80% |
| Silvercrest Asset Mgmt Group |
8.55%
760,171
|
$12,018,304,000 | 6.32% |
| Transdigm Group Incorporated |
Closed
9,181
|
$8,209,374,000 | |
| Procore Technologies, Inc. |
805.36%
61,782
|
$5,076,627,000 | 2.67% |
| Intercontinental Exchange In |
Closed
7,188
|
$812,819,000 | |
| Appfolio Inc |
Closed
3,804
|
$654,821,000 | |
| Guidewire Software Inc |
Closed
8,502
|
$646,832,000 | |
| ServiceNow Inc |
Closed
1,060
|
$595,688,000 | |
| Q2 Holdings Inc |
Closed
18,632
|
$575,729,000 | |
| Verisk Analytics Inc |
Closed
1,970
|
$445,279,000 | |
| Autodesk Inc. |
Closed
1,660
|
$339,653,000 | |
| Mastercard Incorporated |
Closed
803
|
$315,820,000 | |
| Visa Inc |
Closed
1,325
|
$314,661,000 | |
| Moodys Corp |
Closed
757
|
$263,224,000 | |
| No transactions found | |||
| Showing first 500 out of 20 holdings | |||
Hedge funds similar to Long Path Partners L.P.
- Clearalpha Technologies L.P.
- Samjo Capital
- Carmenna Advisors
- Birmingham Capital Management Co Inc/al
- Montgomery Investment Management Inc
- Alm First Advisors
- Fonville Wealth Management
- Red Wave Investments
- Strategic Advocates
- Carlton Hofferkamp & Jenks Wealth Management
- Fosse Capital Partners LL.P.
- Millstreet Capital Management
- Argent Advisors
- 360