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Advent International, L.P.

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13F filer, CIK 1034196, BOSTON, MA

Advent International, L.P. reported $4,832,051,591 across 24 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 91.48% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001193125-26-055026

Period
2025-12-31
Reported value
$4.83B
Holdings
24
Top 10 weight
91.48%
New
1
Sold out
2

Part of the filer group Advent International, L.P.

How groups are built

Largest buys vs the previous quarter

SecurityShares changeApprox. value
WAYnew+11,059,899$362M
OWLadded+1,209,910$18.1M
SEIadded+256,909$11.8M
MRVLadded+82,305$6.99M
GFLadded+14,092$605K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
CCCexited-37,342,526-$340M
FWRGexited-5,289,784-$82.7M
CRSreduced-216,721-$68.2M
TDGreduced-15,730-$20.9M
NUreduced-1,060,000-$17.7M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001193125-26-055026, largest first. % of portfolio is the value over $4,832,051,592, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
NIQNIQ GLOBAL INTELLIGENCE PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 149,380,246 shares; 2025Q4: 149,380,246 shares 149,380,246$2.46B50.98%0Timeline
OLPXOLAPLEX HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 499,468,771 shares; 2024Q4: 499,468,771 shares; 2025Q1: 499,468,771 shares; 2025Q2: 499,468,771 shares; 2025Q3: 499,468,771 shares; 2025Q4: 499,468,771 shares 499,468,771$669M13.85%0Timeline
WAYWAYSTAR HLDG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 11,059,899 shares 11,059,899$362M7.5%newTimeline
CINTCI&T INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 49,637,891 shares; 2024Q4: 49,637,891 shares; 2025Q1: 49,637,891 shares; 2025Q2: 49,637,891 shares; 2025Q3: 49,637,891 shares; 2025Q4: 49,637,891 shares 49,637,891$202M4.18%0Timeline
DHDEFINITIVE HEALTHCARE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 62,493,676 shares; 2024Q4: 62,493,676 shares; 2025Q1: 62,493,676 shares; 2025Q2: 62,493,676 shares; 2025Q3: 62,493,676 shares; 2025Q4: 62,493,676 shares 62,493,676$181M3.74%02026-09-29, 13D/A: 62,493,676 shares, 58.54% of the class, 13D/A filed 2026-10-01 Timeline
NUNU HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,940,959 shares; 2024Q4: 13,940,959 shares; 2025Q1: 15,049,959 shares; 2025Q2: 11,799,959 shares; 2025Q3: 10,057,459 shares; 2025Q4: 8,997,459 shares 8,997,459$151M3.12%-1,060,000Timeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 256,950 shares; 2025Q3: 448,295 shares; 2025Q4: 403,000 shares 403,000$122M2.53%-45,295Timeline
CRSCARPENTER TECHNOLOGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,215,601 shares; 2024Q4: 717,646 shares; 2025Q1: 804,832 shares; 2025Q2: 675,332 shares; 2025Q3: 557,903 shares; 2025Q4: 341,182 shares 341,182$107M2.22%-216,721Timeline
OWLBLUE OWL CAPITAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,030,000 shares; 2024Q4: 4,030,000 shares; 2025Q1: 4,600,905 shares; 2025Q2: 5,033,600 shares; 2025Q3: 5,476,907 shares; 2025Q4: 6,686,817 shares 6,686,817$99.9M2.07%+1,209,910Timeline
MRVLMARVELL TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 940,000 shares; 2024Q4: 905,000 shares; 2025Q1: 1,138,075 shares; 2025Q2: 1,063,075 shares; 2025Q3: 653,585 shares; 2025Q4: 735,890 shares 735,890$62.5M1.29%+82,305Timeline
NCSMNCS MULTISTAGE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,478,426 shares; 2024Q4: 1,478,426 shares; 2025Q1: 1,478,426 shares; 2025Q2: 1,478,426 shares; 2025Q3: 1,478,426 shares; 2025Q4: 1,478,426 shares 1,478,426$58.4M1.21%0Timeline
SEISOLARIS ENERGY INFRAS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 1,006,900 shares; 2025Q4: 1,263,809 shares 1,263,809$58.1M1.2%+256,909Timeline
WDAYWORKDAY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,500 shares; 2024Q4: 5,750 shares; 2025Q1: 29,200 shares; 2025Q2: 263,850 shares; 2025Q3: 280,150 shares; 2025Q4: 266,875 shares 266,875$57.3M1.19%-13,275Timeline
GPIGROUP 1 AUTOMOTIVE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 123,081 shares; 2024Q4: 203,951 shares; 2025Q1: 235,195 shares; 2025Q2: 139,525 shares; 2025Q3: 137,960 shares; 2025Q4: 137,960 shares 137,960$54.3M1.12%0Timeline
LADLITHIA MTRS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 142,000 shares; 2024Q4: 217,151 shares; 2025Q1: 286,786 shares; 2025Q2: 149,401 shares; 2025Q3: 150,181 shares; 2025Q4: 151,671 shares 151,671$50.4M1.04%+1,490Timeline
DTDYNATRACE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 854,160 shares; 2024Q4: 766,660 shares; 2025Q1: 520,960 shares; 2025Q2: 1,211,331 shares; 2025Q3: 1,207,631 shares; 2025Q4: 1,142,626 shares 1,142,626$49.5M1.02%-65,005Timeline
EQHEQUITABLE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 529,600 shares; 2025Q4: 534,510 shares 534,510$25.5M0.53%+4,910Timeline
GFLGFL ENVIRONMENTAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 388,331 shares; 2024Q4: 340,797 shares; 2025Q1: 509,750 shares; 2025Q2: 364,900 shares; 2025Q3: 365,000 shares; 2025Q4: 379,092 shares 379,092$16.3M0.34%+14,092Timeline
ADSKAUTODESK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 51,315 shares; 2025Q4: 51,315 shares 51,315$15.3M0.32%0Timeline
SNPSSYNOPSYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 25,450 shares; 2025Q4: 25,885 shares 25,885$12.2M0.25%+435Timeline
TDGTRANSDIGM GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 115,474 shares; 2024Q4: 45,924 shares; 2025Q1: 39,529 shares; 2025Q2: 32,154 shares; 2025Q3: 22,264 shares; 2025Q4: 6,534 shares 6,534$8.69M0.18%-15,730Timeline
INTUINTUITQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,643 shares; 2024Q4: 3,643 shares; 2025Q1: 5,318 shares; 2025Q2: 5,318 shares; 2025Q3: 5,318 shares; 2025Q4: 5,318 shares 5,318$3.52M0.07%0Timeline
RPIDRAPID MICRO BIOSYSTEMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 577,777 shares; 2024Q4: 577,777 shares; 2025Q1: 577,777 shares; 2025Q2: 577,777 shares; 2025Q3: 577,777 shares; 2025Q4: 577,777 shares 577,777$1.68M0.03%0Timeline
ARESARES MANAGEMENT CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 157,535 shares; 2025Q3: 36,735 shares; 2025Q4: 4,535 shares 4,535$733K0.02%-32,200Timeline

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
CCCCCC INTELLIGENT SOLUTIONS HL37,342,526$340Mshares
FWRGFIRST WATCH RESTAURANT GROUP5,289,784$82.7Mshares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001193125-26-055026 base2026-02-17acceptance time not in the bulk data set