Durable Capital Partners LP

2. Key Holdings

The portfolio is dominated by a few large-cap and mid-cap growth names, with the top ten positions accounting for a significant portion of the total value.

• Top Position: RBC Bearings (RBC) is the largest holding, comprising 11.29% of the portfolio ($983.94M). This significant weighting suggests strong conviction in the industrial/technology manufacturing sector.
• Consumer & Tech Leaders: Coupang (CPNG) (9.17%) and Shopify (SHOP) (7.75%) represent the firm's heavy exposure to e-commerce and digital infrastructure.
• High-Conviction Wedges: Positions like Affirm (AFRM) (5.26%) and DoorDash (DASH) (5.22%) indicate a specific focus on the "disruptor" theme within financial technology and food delivery.
• Concentration Risk: The top three holdings alone account for over 28% of the total portfolio value, reinforcing the high-conviction nature of the fund.