Henry Ellenbogen's Durable Capital significantly increased its position in Xometry (XMTR) during the second quarter of 2026, boosting its share count by over 1700%. The trades, disclosed in a delayed 13F filing, reveal the fund's holdings grew from roughly 55K shares to over 1 million, valued at nearly $98 million by the end of June. This positions Xometry as a nearly 1% holding in Durable Capital's reported portfolio.
The increased investment coincides with a period of positive developments for Xometry. The company announced record second-quarter financial results on August 4, 2026. Later that month, JPMorgan initiated coverage of the stock with an 'overweight' rating. Durable Capital has a history with the on-demand manufacturing marketplace, having participated in a 2020 funding round before the company went public.