Durable Capital Partners LP Reports 7.2% Stake in RBC Bearings Incorporated
Durable Capital Partners LP filed a Schedule 13G/A on May 15, 2026, disclosing a significant new position in RBC Bearings Incorporated (RBC). As of the event date of March 31, 2026, the reporting person beneficially owns 2,275,636 shares of common stock, representing a 7.2% ownership stake in the company. This filing marks an increase from a previously reported 0% position, indicating a substantial acquisition by the investment adviser. The shares are directly held by Durable Capital Master Fund LP, with Durable Capital Partners LP serving as the investment adviser with sole voting and dispositive power. Durable Capital Partners GP LLC acts as the general partner, and Henry Ellenbogen, as the managing member and chief investment officer, oversees the holdings. The filing confirms that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The ownership percentage is based on 31,618,961 shares outstanding as of January 30, 2026.