WhaleCreep

Impactive Capital LP 13F holdings, Q3 2025

Hedge fundSEC filingsCompare with another fundHoldings as of 2025-09-30, filed 2025-11-14

Impactive Capital LP disclosed 9 US equity positions worth $2.1bn in its Q3 2025 13F filing. Its largest position is WEX at 16.6% of the reported book, followed by ABG and VAC. Versus Q2 2025 it opened 1 new position, added to 0, reduced 3 and exited 1.

$2.1bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
9
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
16.6%
Largest position
The largest single position as a share of the reported equity book.
100%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
8
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
27
Quarters on file since Q4 2019
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2025: 1 new, 0 added, 3 reduced, 1 exited

9 rows
WEX WEX INCTechnology16.6%$346m2.20m−8.3%reduced
ABG ASBURY AUTOMOTIVE GROUP INCConsumer Cyclical14.7%$305m1.25m0.0%held
VAC MARRIOTT VACATIONS WORLDWIDEConsumer Cyclical12.9%$269m4.05m0.0%held
WMS ADVANCED DRAIN SYS INC DELIndustrials11.1%$231m1.66m0.0%held
ETSY ETSY INCConsumer Cyclical10.3%$215m3.24m−8.7%reduced
CNXC CONCENTRIX CORPTechnology9.7%$202m4.38m0.0%held
SLM SLM CORPFinancial Services9.6%$200m7.23m−10%reduced
CLVT CLARIVATE PLCTechnology7.9%$165m43.03m0.0%held
IWM ISHARES TR–7.1%$147m609,241–new

Exited since Q2 2025

1 row
WDC WESTERN DIGITAL CORP.10.3%$229m

Sector mix

  • Consumer Cyclical38.0%
  • Technology34.3%
  • Industrials11.1%
  • Financial Services9.6%
  • Unclassified7.1%

Book over time

Every quarter on file (27)
QuarterPositionsEquity book
Q2 20268$1.4bn
Q1 202610$1.4bn
Q4 20258$1.6bn
Q3 20259$2.1bn
Q2 20259$2.2bn
Q1 202510$2.2bn
Q4 202410$2.4bn
Q3 202410$2.7bn
Q2 202410$2.6bn
Q1 20249$2.6bn
Q4 20238$2.4bn
Q3 20238$2.2bn
Q2 20238$2.4bn
Q1 20239$2.5bn
Q4 20229$2.2bn
Q3 20229$1.9bn
Q2 20229$2.2bn
Q1 202210$2.3bn
Q4 202110$1.6bn
Q3 20219$1.3bn
Q2 20219$1.2bn
Q1 20218$808m
Q4 20207$570m
Q3 20207$317m
Q2 20208$313m
Q1 20208$234m
Q4 20196$180m

Where Impactive Capital LP was early

1 row
WMS ADVANCED DRA SYSQ1 202010 of 14812.2%13.4%7Held at last filing, Q2 2026+433%

Concentration and tenure

17.9%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
100%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
4
Median completed holding, quarters