Carlyle Group Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Carlyle Group Inc. reported 23 stock positions worth $3.8 billion. Its top holding was Standardaero (SARO) at 94.1% of the portfolio, followed by Soleno Therapeutics (SLNO, 1.6%) and Weride Inc.-ADR (WRD, 1.2%). Compared with Q4 2024, it sold out of 4, added to 1 and reduced 5. The biggest buy was Standardaero (SARO, shares +1913%) and the biggest sale Getty Images (GETY, shares −28%).
- Most Recent 13F
- Q2 2026
- Location
- WASHINGTON, DC
- CIK
- 0001527166
- Portfolio Value
- $3.8B (Q1 2025)
- SEC Filing
- 0000898432-25-000328 ↗ filed May 9, 2025
Holdings Value
Holdings 23 stocks · $3.8B
| SARO Standardaero Inc. | 94.10% | 134,352,830 | $3.6B | Add +1912.5% |
| SLNO Soleno Therapeutics Inc. | 1.62% | 860,980 | $61.4M | Reduce -37.4% |
| WRD Weride Inc.-ADR | 1.22% | 3,423,023 | $46.5M | No change |
| PHAT Phathom Pharmaceuticals Inc. | 0.58% | 3,496,808 | $21.9M | No change |
| PONY Pony AI Inc. | 0.55% | 2,362,447 | $20.8M | No change |
| INVH Invitation Homes Inc. | 0.44% | 477,500 | $16.6M | No change |
| GETY Getty Images Holdings Inc. | 0.28% | 6,234,252 | $10.8M | Reduce -28.2% |
| CUBE Cubesmart | 0.25% | 220,500 | $9.4M | No change |
| SMHI Seacor Marine Holdings Inc. | 0.18% | 1,355,761 | $6.9M | No change |
| EM Smart Share Global Ltd. - ADR | 0.13% | 4,362,929 | $4.9M | Reduce -9.3% |
| JSPR Jasper Therapeutics Inc. | 0.12% | 1,066,189 | $4.6M | No change |
| XCUR Exicure Inc. | 0.09% | 281,636 | $3.6M | No change |
| SPWR Sunpower Inc. filed as COMPLETE SOLARIA INC | 0.08% | 1,984,508 | $3.1M | Reduce -0.0% |
| FWRD Forward Air Corp. | 0.07% | 107,214 | $2.7M | No change |
| HLVX Hillevax Inc. | 0.07% | 1,838,486 | $2.6M | No change |
| ACET Adicet Bio Inc. | 0.06% | 2,948,718 | $2.3M | No change |
| QTTB Q32 Bio Inc. | 0.05% | 1,102,741 | $1.8M | No change |
| DNUT Krispy Kreme Inc. | 0.04% | 340,748 | $1.7M | No change |
| OKUR Onkure Therapeutics Inc. Class A | 0.03% | 269,895 | $1.2M | No change |
| SPRB Spruce Biosciences Inc. | 0.02% | 2,896,518 | $840K | No change |
| NABL N-Able Inc. | 0.02% | 93,732 | $665K | No change |
| CART Maplebear Inc. | 0.01% | 5,479 | $219K | Reduce -33.3% |
| NCNA Nucana PLC | 0.00% | 133,333 | $116K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| GETY Getty Images Holdings Inc. | Reduce -28.2% | 0.28% | −0.17 |
| REPX Riley Exploration Permian Inc. | Sold out | 0.00% | −0.01 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.01 |
| SYRE Spyre Therapeutics Inc. | Sold out | 0.00% | −0.01 |
| SPWR Sunpower Inc. | Reduce -0.0% | 0.08% | −0.00 |
| METC Ramaco Resources Inc. Class A | Sold out | 0.00% | −0.00 |
| CART Maplebear Inc. | Reduce -33.3% | 0.01% | −0.00 |
| EM Smart Share Global Ltd. - ADR | Reduce -9.3% | 0.13% | +0.04 |
| SLNO Soleno Therapeutics Inc. | Reduce -37.4% | 1.62% | +0.13 |
Portfolio Buys Q4 2024 → Q1 2025
| SARO Standardaero Inc. | Add +1912.5% | 94.10% | +0.90 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 19 | $10.0B | MDLN, SARO, PHAT, INVH, PONY |
| Q1 2026 | 20 | $10.6B | MDLN, SARO, PHAT, PONY, INVH |
| Q4 2025 | 20 | $13.6B | MDLN, SARO, PHAT, PONY, INVH |
| Q3 2025 | 17 | $4.3B | SARO, PONY, PHAT, SPRB, INVH |
| Q2 2025 | 20 | $5.0B | SARO, SLNO, PHAT, PONY, INVH |
| Q1 2025 | 23 | $3.8B | SARO, SLNO, WRD, PHAT, PONY |
| Q4 2024 | 27 | $4.1B | SARO, SLNO, WRD, PONY, PHAT |
| Q3 2024 | 26 | $954.2M | QDEL, SLNO, GTM, PHAT, QTTB |
| Q2 2024 | 31 | $1.1B | QDEL, GTM, SLNO, GDS, PHAT |
| Q1 2024 | 32 | $1.6B | QDEL, GTM, SLNO, VTRU, VRNA |