Advent International, L.P.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Advent International, L.P. reported 24 stock positions worth $3.2 billion. Its top holding was CCC Intelligent Solutions Ho (CCC) at 27.8% of the portfolio, followed by Olaplex (OLPX, 20.1%) and First Watch Restaurant (FWRG, 10.1%). Compared with Q4 2024, it opened 1 new position, added to 11 and reduced 4. The biggest buy was Carpenter Technology (CRS, shares +12%) and the biggest sale CCC Intelligent Solutions Ho (CCC, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001034196
- Portfolio Value
- $3.2B (Q1 2025)
- SEC Filing
- 0000950123-25-005742 ↗ filed May 15, 2025
Holdings Value
Holdings 24 stocks · $3.2B
| CCC CCC Intelligent Solutions Ho | 27.82% | 97,342,526 | $879.0M | Reduce -30.1% |
| OLPX Olaplex Holdings Inc. | 20.08% | 499,468,771 | $634.3M | No change |
| FWRG First Watch Restaurant Group | 10.11% | 19,189,784 | $319.5M | No change |
| CINT Ci&t Inc./United States-A | 9.38% | 49,637,891 | $296.3M | No change |
| DH Definitive Healthcare Corp. | 5.72% | 62,493,676 | $180.6M | No change |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 4.88% | 15,049,959 | $154.1M | Add +8.0% |
| CRS Carpenter Technology | 4.62% | 804,832 | $145.8M | Add +12.2% |
| OWL Blue Owl Capital Inc. | 2.92% | 4,600,905 | $92.2M | Add +14.2% |
| GPI Group 1 Automotive Inc. | 2.84% | 235,195 | $89.8M | Add +15.3% |
| LAD Lithia Motors Inc. | 2.66% | 286,786 | $84.2M | Add +32.1% |
| MRVL Marvell Technology Inc. | 2.22% | 1,138,075 | $70.1M | Add +25.8% |
| TDG Transdigm Group Inc. | 1.73% | 39,529 | $54.7M | Reduce -13.9% |
| NCSM NCS Multistage Holdings Inc. | 1.64% | 1,478,426 | $51.7M | No change |
| GFL GFL Environmental Inc.-Sub VT | 0.78% | 509,750 | $24.6M | Add +49.6% |
| DT Dynatrace Inc. | 0.78% | 520,960 | $24.6M | Reduce -32.0% |
| ESTC Elastic NV | 0.74% | 262,436 | $23.4M | Add +1.4% |
| MDB Mongodb Inc. | 0.31% | 56,110 | $9.8M | Add +3.0% |
| VSEC Vse Corp. | 0.30% | 80,000 | $9.6M | No change |
| WDAY Workday Inc. Class A | 0.22% | 29,200 | $6.8M | Add +407.8% |
| INTU Intuit Inc. | 0.10% | 5,318 | $3.3M | Add +46.0% |
| ATIP Ati Physical Therapy Inc. | 0.09% | 2,316,613 | $2.8M | No change |
| RPID Rapid Micro Biosystems Inc. Class A | 0.05% | 577,777 | $1.5M | No change |
| ABG Asbury Automotive Group | 0.01% | 1,945 | $430K | Reduce -98.6% |
| FLUT Flutter Entertainment PLC-Di | 0.01% | 1,895 | $420K | New |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| CRS Carpenter Technology | Add +12.2% | 4.62% | +1.77 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +8.0% | 4.88% | +1.50 |
| LAD Lithia Motors Inc. | Add +32.1% | 2.66% | +0.85 |
| GPI Group 1 Automotive Inc. | Add +15.3% | 2.84% | +0.83 |
| OWL Blue Owl Capital Inc. | Add +14.2% | 2.92% | +0.73 |
| GFL GFL Environmental Inc.-Sub VT | Add +49.6% | 0.78% | +0.42 |
| WDAY Workday Inc. Class A | Add +407.8% | 0.22% | +0.18 |
| ESTC Elastic NV | Add +1.4% | 0.74% | +0.14 |
| INTU Intuit Inc. | Add +46.0% | 0.10% | +0.05 |
| MDB Mongodb Inc. | Add +3.0% | 0.31% | +0.01 |
| FLUT Flutter Entertainment PLC-Di | New | 0.01% | +0.01 |
| MRVL Marvell Technology Inc. | Add +25.8% | 2.22% | −0.12 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 34 | $17.7B | INIO, NIQ, OLPX, LUNR, WAY |
| Q1 2026 | 30 | $4.2B | NIQ, OLPX, WAY, CINT, TSM |
| Q4 2025 | 24 | $4.8B | NIQ, OLPX, WAY, CINT, DH |
| Q3 2025 | 25 | $5.0B | NIQ, OLPX, CCC, CINT, DH |
| Q2 2025 | 21 | $3.1B | OLPX, CCC, CINT, DH, FWRG |
| Q1 2025 | 24 | $3.2B | CCC, OLPX, FWRG, CINT, DH |
| Q4 2024 | 23 | $4.3B | CCC, OLPX, FWRG, CINT, DH |
| Q3 2024 | 22 | $4.7B | CCC, OLPX, FWRG, CINT, DH |
| Q2 2024 | 23 | $4.2B | CCC, OLPX, FWRG, DH, NU |
| Q1 2024 | 19 | $5.7B | CCC, OLPX, FWRG, DH, NU |