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Henry Ellenbogen - Durable Capital Partners – Largest Position Reductions (2025 Q4)

This report summarizes the most meaningful reductions and sell-offs made by Henry Ellenbogen - Durable Capital Partners in 2025 Q4. The analysis highlights which positions were trimmed or exited, providing insight into how the investor adjusted risk exposure and portfolio strategy.

Symbol Shares Reported Price(USD) Action Change % Portfolio Weight Position Value Filing Period
RBC 2,344,911 $448.43 Reduced -6.99% 9.92% $1.05B 2025 Q4
CPNG 24,452,985 $23.59 Reduced -1.53% 5.44% $576.85M 2025 Q4
XPO 3,949,100 $135.91 Reduced -8.82% 5.06% $536.72M 2025 Q4
CIGI 3,369,760 $147.01 Reduced -8.90% 4.67% $495.39M 2025 Q4
SHOP 2,043,219 $160.97 Reduced -55.03% 3.10% $328.9M 2025 Q4
AYI 815,322 $360.04 Reduced -40.21% 2.77% $293.55M 2025 Q4
AFRM 3,681,173 $74.43 Reduced -41.28% 2.58% $273.99M 2025 Q4
VEEV 951,896 $223.23 Reduced -24.38% 2.00% $212.49M 2025 Q4
WRBY 7,310,605 $21.79 Reduced -16.48% 1.50% $159.3M 2025 Q4
YOU 3,461,549 $35.08 Reduced -45.63% 1.15% $121.43M 2025 Q4
APP 163,405 $673.82 Reduced -13.01% 1.04% $110.11M 2025 Q4
BKNG 18,274 $5355.31 Reduced -66.97% 0.92% $97.86M 2025 Q4
RBLX 1,162,730 $81.03 Reduced -67.06% 0.89% $94.22M 2025 Q4
CBZ 1,631,969 $50.45 Reduced -58.42% 0.78% $82.33M 2025 Q4
TOST 2,299,023 $35.51 Reduced -63.86% 0.77% $81.64M 2025 Q4
FSV 436,598 $155.53 Reduced -80.30% 0.64% $67.9M 2025 Q4
FIG 1,727,263 $37.37 Reduced -67.83% 0.61% $64.55M 2025 Q4
AUR 6,768,585 $3.84 Reduced -43.80% 0.25% $25.99M 2025 Q4
DUOL 119,181 $175.5 Reduced -86.38% 0.20% $20.92M 2025 Q4
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