Fernbridge Doubles Down on Tetra Tech Stock, Adds 2.05 Million Shares, According to Latest SEC Filing

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Jake Lerch, The Motley Fool

Wed, March 11, 2026 astatine 11:04 AM CDT 4 min read

On February 17, 2026, Fernbridge Capital Management LP disclosed a important bargain of 2,051,175 shares successful Tetra Tech (NASDAQ:TTEK), with an estimated transaction worth of $69.37 cardinal based connected quarterly mean pricing.

According to a recent SEC filing dated February 17, 2026, Fernbridge Capital Management LP accrued its holding successful Tetra Tech by 2,051,175 shares during the quarter. The estimated worth of this stock acquisition was $69.37 million, calculated utilizing the mean closing terms for the period. As a result, the fund’s quarter-end presumption worth successful Tetra Tech roseate by $68.96 million, reflecting some the acquisition and terms appreciation.

Fernbridge’s Tetra Tech bargain brings the presumption to 5.05% of 13F assets arsenic of December 31, 2025.

Top holdings aft the filing:

NYSE:CRM: $466.00 cardinal (22.9% of AUM)
NASDAQ:WDAY: $302.01 cardinal (14.8% of AUM)
NASDAQ:AMZN: $221.83 cardinal (10.9% of AUM)
NASDAQ:PTC: $213.49 cardinal (10.5% of AUM)
NASDAQ:TTEK: $102.86 cardinal (5.1% of AUM)

As of March 10, 2026, shares were priced astatine $33.87, up 12.8% implicit the past year.

Metric

Value

Market capitalization	$8.83 billion
Revenue (TTM)	$5.23 billion
Net income (TTM)	$352.39 million
Price (as of marketplace adjacent 3/11/26)	$33.87

Provides consulting and engineering services, including information analysis, engineering design, task management, and clime alteration consulting for authorities and commercialized clients.
Serves federal, state, and section governments, planetary improvement agencies, utilities, and companies successful the earthy resources and vigor sectors.
Operates a diversified concern exemplary focused connected project-based contracts and semipermanent work agreements successful infrastructure, environmental, and assets absorption sectors.

Tetra Tech is simply a starring supplier of high-end consulting and engineering services, with a planetary workforce of astir 30,000 employees. The institution leverages method expertise and a diversified lawsuit basal to present solutions successful water, environment, infrastructure, assets management, and energy. Its absorption connected specialized, knowledge-driven offerings positions it competitively wrong the engineering and consulting industry.

Fernbridge Capital Management, a California-based hedge fund, precocious disclosed a acquisition of much than 2 cardinal shares of Tetra Tech banal during the 4th fourth (the 3 months ending connected Dec. 31, 2025). Here are immoderate cardinal takeaways for mundane investors.

First, Tetra Tech provides consulting and engineering services, with galore of its clients successful the authorities sector. This includes the U.S. Federal authorities (e.g., Department of Defense, Department of Energy, and Environmental Protection Agency), authorities and section governments, and planetary organizations. In particular, the institution tends to absorption connected infrastructure, environmental, and water-related projects.

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