Advent International, L.P.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Advent International, L.P. reported 21 stock positions worth $3.1 billion. Its top holding was Olaplex (OLPX) at 22.7% of the portfolio, followed by CCC Intelligent Solutions Ho (CCC, 20.6%) and Ci&t Inc./United States-A (CINT, 9.6%). Compared with Q1 2025, it opened 2 new positions, sold out of 5, added to 3 and reduced 9. The biggest buy was a new position in Taiwan Semiconductor-SP ADR (TSM) and the biggest sale CCC Intelligent Solutions Ho (CCC, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001034196
- Portfolio Value
- $3.1B (Q2 2025)
- SEC Filing
- 0000950123-25-008331 ↗ filed Aug 14, 2025
Holdings Value
Holdings 21 stocks · $3.1B
| OLPX Olaplex Holdings Inc. | 22.68% | 499,468,771 | $699.3M | No change |
| CCC CCC Intelligent Solutions Ho | 20.56% | 67,342,526 | $633.7M | Reduce -30.8% |
| CINT Ci&t Inc./United States-A | 9.61% | 49,637,891 | $296.3M | No change |
| DH Definitive Healthcare Corp. | 7.91% | 62,493,676 | $243.7M | No change |
| FWRG First Watch Restaurant Group | 7.64% | 14,689,784 | $235.6M | Reduce -23.4% |
| CRS Carpenter Technology | 6.06% | 675,332 | $186.6M | Reduce -16.1% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 5.25% | 11,799,959 | $161.9M | Reduce -21.6% |
| OWL Blue Owl Capital Inc. | 3.14% | 5,033,600 | $96.7M | Add +9.4% |
| MRVL Marvell Technology Inc. | 2.67% | 1,063,075 | $82.3M | Reduce -6.6% |
| DT Dynatrace Inc. | 2.17% | 1,211,331 | $66.9M | Add +132.5% |
| WDAY Workday Inc. Class A | 2.05% | 263,850 | $63.3M | Add +803.6% |
| GPI Group 1 Automotive Inc. | 1.98% | 139,525 | $60.9M | Reduce -40.7% |
| TSM Taiwan Semiconductor-SP ADR | 1.89% | 256,950 | $58.2M | New |
| LAD Lithia Motors Inc. | 1.64% | 149,401 | $50.5M | Reduce -47.9% |
| TDG Transdigm Group Inc. | 1.59% | 32,154 | $48.9M | Reduce -18.7% |
| NCSM NCS Multistage Holdings Inc. | 1.42% | 1,478,426 | $43.7M | No change |
| ARES Ares Management Corp. Class A | 0.89% | 157,535 | $27.3M | New |
| GFL GFL Environmental Inc.-Sub VT | 0.60% | 364,900 | $18.4M | Reduce -28.4% |
| INTU Intuit Inc. | 0.14% | 5,318 | $4.2M | No change |
| ATIP Ati Physical Therapy Inc. | 0.07% | 2,316,613 | $2.1M | No change |
| RPID Rapid Micro Biosystems Inc. Class A | 0.06% | 577,777 | $2.0M | No change |
Portfolio Sells Q1 2025 → Q2 2025
| CCC CCC Intelligent Solutions Ho | Reduce -30.8% | 20.56% | −7.26 |
| FWRG First Watch Restaurant Group | Reduce -23.4% | 7.64% | −2.47 |
| LAD Lithia Motors Inc. | Reduce -47.9% | 1.64% | −1.03 |
| GPI Group 1 Automotive Inc. | Reduce -40.7% | 1.98% | −0.87 |
| ESTC Elastic NV | Sold out | 0.00% | −0.74 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.31 |
| VSEC Vse Corp. | Sold out | 0.00% | −0.30 |
| GFL GFL Environmental Inc.-Sub VT | Reduce -28.4% | 0.60% | −0.18 |
| TDG Transdigm Group Inc. | Reduce -18.7% | 1.59% | −0.14 |
| ABG Asbury Automotive Group | Sold out | 0.00% | −0.01 |
| FLUT Flutter Entertainment PLC-Di | Sold out | 0.00% | −0.01 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -21.6% | 5.25% | +0.37 |
| MRVL Marvell Technology Inc. | Reduce -6.6% | 2.67% | +0.45 |
| CRS Carpenter Technology | Reduce -16.1% | 6.06% | +1.44 |
Portfolio Buys Q1 2025 → Q2 2025
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 |