Impactive Capital LP

Bought Stride, sold out of Etsy. Portfolio down 12% to $1.4B.

$1.4B portfolio10 holdingstop 10 = 100%filed 2026-05-15

1VACMarriott Vacations Worldwi19.50%
$268.9M - 4.1M shares-
2WEXWex Inc18.95%
$261.3M - 1.7M shares-488K
3ABGAsbury Automotive Group In15.20%
$209.6M - 1.1M shares-174K
4SLMSLM Corp12.14%
$167.5M - 7.8M shares+598K
5WMSAdvanced Drain SYS Inc Del8.52%
$117.5M - 856K shares-601K
6LRNStride Inc7.12%
$98.2M - 1.1M sharesNEW
7GTLBGitlab Inc6.14%
$84.7M - 3.9M sharesNEW
8IWMiShares TR4.54%
$62.6M - 252K shares+177K
9CARTMaplebear Inc4.27%
$58.9M - 1.6M sharesNEW
10Icon PLC3.62%
$49.9M - 451K sharesNEW

#	Stock
1	VACMarriott Vacations Worldwi	19.50%	$268.9M	4.1M	-
2	WEXWex Inc	18.95%	$261.3M	1.7M	-488K
3	ABGAsbury Automotive Group In	15.20%	$209.6M	1.1M	-174K
4	SLMSLM Corp	12.14%	$167.5M	7.8M	+598K
5	WMSAdvanced Drain SYS Inc Del	8.52%	$117.5M	856K	-601K
6	LRNStride Inc	7.12%	$98.2M	1.1M	NEW
7	GTLBGitlab Inc	6.14%	$84.7M	3.9M	NEW
8	IWMiShares TR	4.54%	$62.6M	252K	+177K
9	CARTMaplebear Inc	4.27%	$58.9M	1.6M	NEW
10	Icon PLC	3.62%	$49.9M	451K	NEW

What a 13F does not show

Filed up to 45 days after the quarter ends, so this is Q1 2026, not today. US-listed shares and some options only. No short bets, cash, bonds, or foreign listings.