Advent International, L.P.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Advent International, L.P. reported 25 stock positions worth $5.0 billion. Its top holding was Niq Global Intelligence (NIQ) at 47.2% of the portfolio, followed by Olaplex (OLPX, 13.2%) and CCC Intelligent Solutions Ho (CCC, 6.9%). Compared with Q2 2025, it opened 5 new positions, sold out of 1, added to 5 and reduced 9. The biggest buy was a new position in Niq Global Intelligence (NIQ) and the biggest sale CCC Intelligent Solutions Ho (CCC, shares −45%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001034196
- Portfolio Value
- $5.0B (Q3 2025)
- SEC Filing
- 0001193125-25-282954 ↗ filed Nov 14, 2025
Holdings Value
Holdings 25 stocks · $5.0B
| NIQ Niq Global Intelligence PLC | 47.23% | 149,380,246 | $2.3B | New |
| OLPX Olaplex Holdings Inc. | 13.18% | 499,468,771 | $654.3M | No change |
| CCC CCC Intelligent Solutions Ho | 6.85% | 37,342,526 | $340.2M | Reduce -44.5% |
| CINT Ci&t Inc./United States-A | 5.15% | 49,637,891 | $255.6M | No change |
| DH Definitive Healthcare Corp. | 5.11% | 62,493,676 | $253.7M | No change |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 3.24% | 10,057,459 | $161.0M | Reduce -14.8% |
| CRS Carpenter Technology | 2.76% | 557,903 | $137.0M | Reduce -17.4% |
| TSM Taiwan Semiconductor-SP ADR | 2.52% | 448,295 | $125.2M | Add +74.5% |
| OWL Blue Owl Capital Inc. | 1.87% | 5,476,907 | $92.7M | Add +8.8% |
| FWRG First Watch Restaurant Group | 1.67% | 5,289,784 | $82.7M | Reduce -64.0% |
| NCSM NCS Multistage Holdings Inc. | 1.52% | 1,478,426 | $75.5M | No change |
| WDAY Workday Inc. Class A | 1.36% | 280,150 | $67.4M | Add +6.2% |
| GPI Group 1 Automotive Inc. | 1.22% | 137,960 | $60.4M | Reduce -1.1% |
| DT Dynatrace Inc. | 1.18% | 1,207,631 | $58.5M | Reduce -0.3% |
| MRVL Marvell Technology Inc. | 1.11% | 653,585 | $54.9M | Reduce -38.5% |
| LAD Lithia Motors Inc. | 0.96% | 150,181 | $47.5M | Add +0.5% |
| SEI Solaris Energy Infrastructur | 0.81% | 1,006,900 | $40.2M | New |
| TDG Transdigm Group Inc. | 0.59% | 22,264 | $29.3M | Reduce -30.8% |
| EQH Equitable Holdings Inc. | 0.54% | 529,600 | $26.9M | New |
| GFL GFL Environmental Inc.-Sub VT | 0.35% | 365,000 | $17.3M | Add +0.0% |
| ADSK Autodesk Inc. | 0.33% | 51,315 | $16.3M | New |
| SNPS Synopsys Inc. | 0.25% | 25,450 | $12.6M | New |
| ARES Ares Management Corp. Class A | 0.12% | 36,735 | $5.9M | Reduce -76.7% |
| INTU Intuit Inc. | 0.07% | 5,318 | $3.6M | No change |
| RPID Rapid Micro Biosystems Inc. Class A | 0.04% | 577,777 | $1.9M | No change |
Portfolio Sells Q2 2025 → Q3 2025
| CCC CCC Intelligent Solutions Ho | Reduce -44.5% | 6.85% | −13.71 |
| FWRG First Watch Restaurant Group | Reduce -64.0% | 1.67% | −5.98 |
| CRS Carpenter Technology | Reduce -17.4% | 2.76% | −3.30 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -14.8% | 3.24% | −2.01 |
| MRVL Marvell Technology Inc. | Reduce -38.5% | 1.11% | −1.56 |
| TDG Transdigm Group Inc. | Reduce -30.8% | 0.59% | −1.00 |
| DT Dynatrace Inc. | Reduce -0.3% | 1.18% | −0.99 |
| ARES Ares Management Corp. Class A | Reduce -76.7% | 0.12% | −0.77 |
| GPI Group 1 Automotive Inc. | Reduce -1.1% | 1.22% | −0.76 |
| ATIP Ati Physical Therapy Inc. | Sold out | 0.00% | −0.07 |
Portfolio Buys Q2 2025 → Q3 2025
| NIQ Niq Global Intelligence PLC | New | 47.23% | +47.23 |
| SEI Solaris Energy Infrastructur | New | 0.81% | +0.81 |
| TSM Taiwan Semiconductor-SP ADR | Add +74.5% | 2.52% | +0.63 |
| EQH Equitable Holdings Inc. | New | 0.54% | +0.54 |
| ADSK Autodesk Inc. | New | 0.33% | +0.33 |
| SNPS Synopsys Inc. | New | 0.25% | +0.25 |
| GFL GFL Environmental Inc.-Sub VT | Add +0.0% | 0.35% | −0.25 |
| LAD Lithia Motors Inc. | Add +0.5% | 0.96% | −0.68 |
| WDAY Workday Inc. Class A | Add +6.2% | 1.36% | −0.70 |
| OWL Blue Owl Capital Inc. | Add +8.8% | 1.87% | −1.27 |
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 |