Adams Street Partners LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Adams Street Partners LLC reported 5 stock positions worth $263.9 million. Its top holding was Billiontoone Class A (BLLN) at 53.1% of the portfolio, followed by Rimini Street (RMNI, 34.6%) and Corvus Pharmaceuticals (CRVS, 9.6%). Compared with Q3 2025, it opened 2 new positions, sold out of 2 and added to 1. The biggest buy was a new position in Billiontoone Class A (BLLN) and the biggest sale an exit from Pagaya Technologies Class A (PGY).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001193586
- Portfolio Value
- $263.9M (Q4 2025)
- SEC Filing
- 0001104659-26-014635 ↗ filed Feb 13, 2026
Holdings Value
Holdings 5 stocks · $263.9M
| BLLN Billiontoone Inc. Class A | 53.07% | 1,711,430 | $140.1M | New |
| RMNI Rimini Street Inc. | 34.65% | 23,565,433 | $91.4M | No change |
| CRVS Corvus Pharmaceuticals Inc. | 9.56% | 3,275,616 | $25.2M | No change |
| PAY Paymentus Holdings Inc. Class A | 2.68% | 223,506 | $7.1M | Add +140.1% |
| CAI Caris Life Sciences Inc. | 0.05% | 4,894 | $132K | New |
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 4 | $442.7M | BLLN, RMNI, CBRS, CRVS |
| Q1 2026 | 3 | $260.3M | BLLN, RMNI, CRVS |
| Q4 2025 | 5 | $263.9M | BLLN, RMNI, CRVS, PAY, CAI |
| Q3 2025 | 5 | $153.2M | RMNI, CRVS, PGY, IOT, PAY |
| Q2 2025 | 6 | $142.0M | RMNI, IOT, CRVS, PAY, PVLA |
| Q1 2025 | 7 | $113.0M | RMNI, PVLA, CRVS, VACASA INC, PAY |
| Q4 2024 | 6 | $112.8M | RMNI, CRVS, MLYS, PAY, PVLA |
| Q3 2024 | 6 | $181.7M | PCTY, RMNI, QTWO, MLYS, CRVS |
| Q2 2024 | 9 | $242.7M | RMNI, PCTY, PDD, QTWO, MLYS |
| Q1 2024 | 12 | $251.7M | PCTY, RMNI, QTWO, MLYS, COIN |