Suvretta Capital Management Boosts Ferguson Stake by 61.5%

Investment firm now owns over 300,000 shares in the plumbing and HVAC supplier

Mar. 14, 2026 at 11:08am

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Suvretta Capital Management LLC increased its holdings in Ferguson plc (NYSE:FERG) by 61.5% during the third quarter, according to the company's latest 13F filing with the Securities and Exchange Commission. The investment firm now owns 306,260 shares of the company's stock, valued at approximately $68.78 million.

Why it matters

Ferguson is a major global distributor of plumbing, heating, and HVAC products, serving professional contractors, builders, and industrial customers. Suvretta Capital's increased stake in the company suggests the investment firm sees strong growth potential in Ferguson's business.

The details

Suvretta Capital Management acquired an additional 116,600 shares of Ferguson during the third quarter, bringing its total position to 306,260 shares. This represents approximately 0.16% of Ferguson's outstanding shares. The investment firm cited Ferguson's market leadership, diversified product portfolio, and growth opportunities as reasons for the increased stake.

  • Suvretta Capital Management filed its 13F report for the third quarter on 2026-03-14.

The players

Suvretta Capital Management LLC

An investment management firm that focuses on long-term investments in public equities.

Ferguson plc

A multinational distributor of plumbing, heating, and HVAC products, serving professional contractors, builders, and industrial customers.

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The takeaway

Suvretta Capital's increased stake in Ferguson suggests the investment firm sees strong growth potential in the plumbing and HVAC supplier, which could signal positive momentum for the company's business and stock performance going forward.