Stockbridge Partners LLC Diversified Active

Location: Boston, MA

CIK: 0001505183 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $4.139B (100.0% shares, 0.0% debt)

Holdings (16)

New Positions (6)

NVDA NVIDIA CORPORATION 6.5%

Value $267M Shares 1,532,118 Est. Cost $186.63 Unrealized 0.0%

ALSN ALLISON TRANSMISSION HLDGS I 2.9%

Value $121M Shares 1,030,398 Est. Cost $111.25 Unrealized 0.0%

MA MASTERCARD INCORPORATED 2.5%

Value $103M Shares 205,974 Est. Cost $539.05 Unrealized 0.0%

V VISA INC 2.5%

Value $102M Shares 337,310 Est. Cost $329.17 Unrealized 0.0%

FWONK LIBERTY MEDIA CORP DEL 1.5%

Value $62.03M Shares 729,594 Est. Cost $85.02 Unrealized —

MLM MARTIN MARIETTA MATLS INC 0.5%

Value $18.96M Shares 32,213 Est. Cost $661.01 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	1,532,118	$267M	6.5%	$186.63	0.0%	COM	67066G104
ALSN	ALLISON TRANSMISSION HLDGS I	1,030,398	$121M	2.9%	$111.25	0.0%	COM	01973R101
MA	MASTERCARD INCORPORATED	205,974	$103M	2.5%	$539.05	0.0%	CL A	57636Q104
V	VISA INC	337,310	$102M	2.5%	$329.17	0.0%	COM CL A	92826C839
FWONK	LIBERTY MEDIA CORP DEL	729,594	$62.03M	1.5%	$85.02	—	COM LBTY ONE S C	531229755
MLM	MARTIN MARIETTA MATLS INC	32,213	$18.96M	0.5%	$661.01	0.0%	COM	573284106

Increased Positions (4)

TSM TAIWAN SEMICONDUCTOR MANUFAC 17.6%

Value $727M (+12.8%) Shares 2,151,675 (+1.5%) Est. Cost $202.77 Unrealized —

AMZN AMAZON COM INC 12.5%

Value $515M (+13.0%) Shares 2,474,931 (+25.3%) Est. Cost $157.37 Unrealized +44.1%

WCN WASTE CONNECTIONS INC 9.6%

Value $398M (-4.1%) Shares 2,451,169 (+3.5%) Est. Cost $156.13 Unrealized +7.2%

GOOGL ALPHABET INC 6.8%

Value $281M (-3.1%) Shares 976,482 (+5.5%) Est. Cost $287.57 Unrealized +12.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MANUFAC	2,151,675 (+1.5%)	$727M (+12.8%)	17.6%	$202.77	—	SPONSORED ADS	874039100
AMZN	AMAZON COM INC	2,474,931 (+25.3%)	$515M (+13.0%)	12.5%	$157.37	+44.1%	COM	023135106
WCN	WASTE CONNECTIONS INC	2,451,169 (+3.5%)	$398M (-4.1%)	9.6%	$156.13	+7.2%	COM	94106B101
GOOGL	ALPHABET INC	976,482 (+5.5%)	$281M (-3.1%)	6.8%	$287.57	+12.4%	CAP STK CL A	02079K305

Exited Positions (3)

VEEV VEEVA SYS INC 7.0%

Value $291M Shares 1,302,898 Est. Cost $226.86 Unrealized -10.1%

NOW SERVICENOW INC 7.0%

Value $291M Shares 1,897,705 Est. Cost $175.56 Unrealized -31.0%

KLAR KLARNA GROUP PLC 0.1%

Value $2.374M Shares 82,119 Est. Cost $42.59 Unrealized -44.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VEEV	VEEVA SYS INC	1,302,898	$291M	7.0%	$226.86	-10.1%	—	922475108
NOW	SERVICENOW INC	1,897,705	$291M	7.0%	$175.56	-31.0%	—	81762P102
KLAR	KLARNA GROUP PLC	82,119	$2.374M	0.1%	$42.59	-44.9%	—	G5279N105

Decreased Positions (5)

GWRE GUIDEWIRE SOFTWARE INC 0.5%

Value $20.41M (-93.0%) Shares 136,435 (-90.6%) Est. Cost $125.86 Unrealized +19.3%

MSFT MICROSOFT CORP 4.7%

Value $195M (-46.2%) Shares 525,737 (-29.8%) Est. Cost $306.83 Unrealized +41.6%

VMC VULCAN MATLS CO 7.5%

Value $311M (-17.2%) Shares 1,141,672 (-13.3%) Est. Cost $181.82 Unrealized +68.7%

DE DEERE & CO 7.7%

Value $318M (-12.2%) Shares 564,933 (-27.4%) Est. Cost $373.60 Unrealized +47.6%

KLAC KLA CORP 4.7%

Value $196M (+5.6%) Shares 133,271 (-12.9%) Est. Cost $930.36 Unrealized +57.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GWRE	GUIDEWIRE SOFTWARE INC	136,435 (-90.6%)	$20.41M (-93.0%)	0.5%	$125.86	+19.3%	COM	40171V100
MSFT	MICROSOFT CORP	525,737 (-29.8%)	$195M (-46.2%)	4.7%	$306.83	+41.6%	COM	594918104
VMC	VULCAN MATLS CO	1,141,672 (-13.3%)	$311M (-17.2%)	7.5%	$181.82	+68.7%	COM	929160109
DE	DEERE & CO	564,933 (-27.4%)	$318M (-12.2%)	7.7%	$373.60	+47.6%	COM	244199105
KLAC	KLA CORP	133,271 (-12.9%)	$196M (+5.6%)	4.7%	$930.36	+57.1%	COM NEW	482480100

Unchanged Positions (1)

TDG TRANSDIGM GROUP INC 12.2%

Value $503M Shares 434,281 Est. Cost $169.11 Unrealized +705.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TDG	TRANSDIGM GROUP INC	434,281	$503M	12.2%	$169.11	+705.1%	COM	893641100