Francisco Partners Management, LP

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Francisco Partners Management, LP reported 3 stock positions worth $573.5 million. Its top holding was Legalzoomcom (LZ) at 51.8% of the portfolio, followed by Goodrx Class A (GDRX, 44.3%) and Paysafe (PSFE, 3.9%). Compared with Q2 2025, it sold out of 2. The biggest sale was an exit from E2OPEN Parent (ETWO).

Most Recent 13F
Q2 2026
Location
SAN FRANCISCO, CA
CIK
0001197853
Portfolio Value
$573.5M (Q3 2025)
SEC Filing
0001197853-25-000006 ↗ filed Nov 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.1B Q3 2024 Q4 2024: $860.6M Q4 2024 Q1 2025: $622.9M Q1 2025 Q2 2025: $718.5M Q2 2025 Q3 2025: $573.5M $573.5M Q3 2025 Q4 2025: $461.0M Q4 2025 Q1 2026: $291.8M Q1 2026 Q2 2026: $361.4M Q2 2026

Holdings 3 stocks · $573.5M
LZ Legalzoomcom Inc. 51.81% 28,625,744 $297.1M No change
GDRX Goodrx Holdings Inc. Class A 44.31% 60,078,184 $254.1M No change
PSFE Paysafe Ltd. 3.88% 1,720,543 $22.2M No change

Portfolio Sells Q2 2025 → Q3 2025
ETWO E2OPEN Parent Holdings Inc. Sold out 0.00% −17.40
SATX Satixfy Communications Ltd. Sold out 0.00% −2.45

Portfolio Buys Q2 2025 → Q3 2025
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 3$361.4MLZ, GDRX, PSFE
Q1 2026 3$291.8MLZ, GDRX, PSFE
Q4 2025 3$461.0MLZ, GDRX, PSFE
Q3 2025 3$573.5MLZ, GDRX, PSFE
Q2 2025 5$718.5MGDRX, LZ, ETWO, PSFE, SATX
Q1 2025 5$622.9MGDRX, LZ, ETWO, PSFE, SATX
Q4 2024 6$860.6MGDRX, LZ, WAY, ETWO, PSFE
Q3 2024 8$1.1BGDRX, LZ, WAY, ETWO, PSFE
Q2 2024 8$1.1BGDRX, LZ, ETWO, WAY, PSFE
Q1 2024 8$1.1BGDRX, LZ, ETWO, PSFE, LLAP