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
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