Henry Ellenbogen's Durable Capital Partners reduced its position in RBC Bearings (RBC) by 24.9%, selling an estimated $365 million worth of shares. The firm's stake decreased from 2.28 million to 1.71 million shares, as disclosed in a recent SEC filing. Despite the significant reduction, RBC Bearings remains Durable Capital's largest single stock holding, now valued at $1.10 billion and accounting for 10.70% of its reported portfolio.
This ownership information is historical, reflecting trades made during the second quarter ending June 30, 2026, and was made public on August 14, 2026. The sale occurred during a period when RBC Bearings reported strong earnings per share for its fiscal quarter. Earlier in the year, Ellenbogen had publicly praised RBC Bearings for its position as a sole supplier for many U.S. Defense Department and Boeing products, highlighting its growth potential in the aerospace and defense sectors.