Stockbridge Partners, launched in 2011, invests in the public equity market of the United States. It invests primarily in growth stocks with sustainable earnings. Headquartered in Boston, Massachusetts, Stockbridge Partners, LLC is a subsidiary of Berkshire Partners LLC. Sharlyn C. Heslam joined Berkshire Partners in 2006 and rose to the Managing Director position in 2011. She has studied at the Harvard Law School.
Stockbridge Partners’ total equity portfolio is worth $1.40 billion as at the end of last year, an increase of 18.6% over the quarter.
In its latest 13F filing, Stockbridge Partners has disclosed holding 1.05 million shares, worth $168.30 million, in Transdigm Group Inc (NYSE:TDG), which represent the largest stake in terms of value. Stephen Mandel’s Lone Pine Capital is also a significant shareholder of Transdigm, owning 2.77 million shares, worth $445.81 million.
On the second spot, the fund disclosed to own 3.01 million shares, which is equivalent to $141.68 million, in Lpl Financial Holdings (NASDAQ:LPLA). The investment advisory firm recorded a fifth consecutive year of growth, with earnings per share of $2.44 for 2013.
On the third spot is Mattress Firm Holding Corp (NASDAQ:MFRM), the specialty retailer of mattresses and other related accessories. In its latest 13F, Stockbridge disclosed owning 2.75 million shares of this Texas based company. The value of the fund’s stake amounts to $118.28 million.
In MSCI Inc. (NYSE:MSCI) the fund holds 2.55 million shares, worth $111.44 million. The stake has been reduced from 2.84 million shares held in the third quarter. The company provides investment decision support tools. Recently the New York based company announced to expand its presence in Latin America and opened its new office in Santiago, Chile.
And the fifth largest position in Stockbridge’s equity portfolio is represented by Visa Inc (NYSE:V), a global provider of payments technology. The fund’s stake in the company remained flat over the quarter, at approximately 483,600 shares. The value of the position, however, increased to $107.68 million at the end of last year, from $92.96 million reported earlier.
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