Henry Ellenbogen’s Durable Capital Partners significantly increased its investment in Ferguson (FERG), the largest U.S. distributor of plumbing and HVAC supplies. The firm boosted its holdings by nearly 36%, buying an estimated $187 million in shares to bring its total stake to 2.98 million. The reported value of Durable's position now stands at approximately $707.18 million, making it a more significant part of the fund's portfolio.
This trade was disclosed in a quarterly 13F filing with the SEC, which reflects positions held as of June 30, 2026. While the filing was made public on August 14, the transactions occurred during the second quarter. Ferguson is a key value-added distributor for construction and infrastructure projects, connecting over 37,000 suppliers with a million trade professionals across North America.