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Route One Investment Company, L.P.

CIK:0001512171
Investment Adviser
$2B AUM
15 holdings
San Francisco, CA, United States
Founded:2010
Latest filing:Jun 30, 2025

Route One Investment Company, L.P. is an investment adviser founded in 2010 and headquartered in San Francisco, California. Organized as a Delaware limited partnership, it manages equity-oriented portfolios for a range of institutional and high-net-worth clients. The firm holds approximately $2.3 billion in assets under management as of June 2025 and is registered with the SEC. It employs a team whose size is not publicly disclosed, and it is known for a concentrated portfolio approach featuring publicly traded companies.

Investment Strategy

Route One Investment Company, L.P. follows a value-oriented and concentrated equity investment strategy, primarily focusing on long-term holdings in publicly traded U.S. and global companies. The firm constructs a relatively focused portfolio, typically maintaining around 15 positions, and manages capital dynamically through additions, reductions, and new investments based on fundamental analysis. Their approach may include both growth and value stocks, aiming for capital appreciation while actively managing portfolio risk.

Top Buys
V
VEEVVEEVA SYS INC
+$44.7M
G
GWREGUIDEWIRE SOFTWARE INC
+$43.7M
A
AMZNAMAZON COM INC
+$37.2M
K
KRCKILROY RLTY CORP
+$34.3M
N
NYTNEW YORK TIMES CO
+$23.6M
Top Sells
P
POSTPOST HLDGS INC
-$98.9M
A
AGROADECOAGRO SA
-$95.1M
U
UNHUNITEDHEALTH GROUP INC
-$81.4M
S
SCHWSCHWAB CHARLES CORP
-$34.6M
G
GOOGLALPHABET INC
-$25.0M

Top Holdings

G
GWREGUIDEWIRE SOFTWARE INC
+18.7%$428.1M
P
POSTPOST HLDGS INC
+16.3%$372.2M
A
AMZNAMAZON COM INC
+12.3%$280.1M
S
SCHWSCHWAB CHARLES CORP
+10.0%$229.5M
N
NYTNEW YORK TIMES CO
+9.1%$207.1M

Equity Positions (14)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
G
GWRE
GUIDEWIRE SOFTWARE INC18.73%$428.1M1,818,009$95.04$235.45+$43.7M
P
POST
POST HLDGS INC16.29%$372.2M3,413,918$46.79$109.03-$98.9M
A
AMZN
AMAZON COM INC12.26%$280.1M1,276,550$103.29$219.39+$37.2M
S
SCHW
SCHWAB CHARLES CORP10.04%$229.5M2,515,343$55.52$91.24-$34.6M
N
NYT
NEW YORK TIMES CO9.06%$207.1M3,699,259$43.96$55.98+$23.6M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+27.5%
GRAIN MILL PRODUCTS
+16.3%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+12.8%
RETAIL-CATALOG & MAIL-ORDER HOUSES
+12.3%
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
+10.0%