Funds (13F)
Impactive Capital LP
Backtest from 14 Feb 2020 to 2 Nov 2026 · weekly · hypothetical
- Return a year
- +11.3% S&P 500 +14.4%
- Last 12 months
- +20.4% S&P 500 +12.1%
- Sharpe ratio
- 0.40 S&P 500 0.65
- Biggest drop
- −54.8% S&P 500 −31.8%
About
Copies Impactive Capital LP's quarterly 13F holdings in the companies we cover, weighted by reported value: it buys on the first trading day after each 13F is filed (up to 45 days after the quarter) and holds until the next filing. A 13F shows long US-listed positions only, at the quarter's end, so this misses shorts, cash, bonds, non-US holdings and trading within the quarter.
Key statistics
| Measure | Strategy | S&P 500 |
|---|---|---|
| Return a year (compound) | +11.3% | +14.4% |
| Total return | +106% | +146% |
| Last 12 months | +20.4% | +12.1% |
| Last 3 months | +4.8% | — |
| Last month | +7.6% | — |
| This year so far | +19.4% | — |
| Volatility a year | 33.3% | 18.9% |
| Sharpe ratio | 0.40 | 0.65 |
| Biggest drop | −54.8% | −31.8% |
| Beta to the S&P 500 | 1.30 | 1.00 |
| Alpha a year (t-statistic) | −2.6% (−0.30) | — |
| Share of weeks up | 56% | — |
Insights
| Period | Return a year | S&P 500 | Sharpe | S&P 500 | Biggest drop | Beta | Alpha (t) |
|---|---|---|---|---|---|---|---|
| Whole backtest14 Feb 2020 to 2 Nov 2026 | +11.3% | +14.4% | 0.40 | 0.65 | −54.8% | 1.30 | −2.6% (−0.30) |
| Last three years3 Nov 2023 to 2 Nov 2026 | +12.1% | +21.8% | 0.40 | 1.16 | −25.4% | 1.00 | −6.1% (−0.50) |
| Last year7 Nov 2025 to 2 Nov 2026 | +24.6% | +14.2% | 0.83 | 0.84 | −16.8% | 0.88 | +12.2% (0.53) |
| Date | Company | Action |
|---|---|---|
| 22 May 2026 | LRN | Bought |
| 22 May 2026 | ICLR | Bought |
| 22 May 2026 | GTLB | Bought |
| 22 May 2026 | CART | Bought |
| 15 Aug 2025 | WMS | Bought |
| 16 May 2025 | WDC | Bought |
| 16 May 2025 | SITE | Bought |
| 21 Feb 2025 | SIRI | Bought |
| 15 Nov 2024 | WEX | Bought |
| 15 Nov 2024 | VAC | Bought |
| 15 Nov 2024 | SLM | Bought |
| 15 Nov 2024 | SITE | Bought |
| 15 Nov 2024 | ETSY | Bought |
| 15 Nov 2024 | CRL | Bought |
| 15 Nov 2024 | CNXC | Bought |
| 15 Nov 2024 | CLVT | Bought |
| 15 Nov 2024 | ABG | Bought |