Leonard Green & Partners, L.P.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Leonard Green & Partners, L.P. reported 7 stock positions worth $2.6 billion. Its top holding was Mister Car Wash (MCW) at 47.4% of the portfolio, followed by Life Time (LTH, 25.7%) and Clarivate (CLVT, 15.2%). Compared with Q3 2025, it sold out of 1 and reduced 1. The biggest sale was Aersale (ASLE, shares −77%).

Most Recent 13F
Q2 2026
Location
Los Angeles, CA
CIK
0001175523
Portfolio Value
$2.6B (Q4 2025)
SEC Filing
0001172661-26-001114 ↗ filed Feb 17, 2026

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $5.5B Q1 2024 Q2 2024: $4.7B Q2 2024 Q3 2024: $4.6B Q3 2024 Q4 2024: $4.1B Q4 2024 Q1 2025: $4.1B Q1 2025 Q2 2025: $3.4B Q2 2025 Q3 2025: $2.6B Q3 2025 Q4 2025: $2.6B $2.6B Q4 2025 Q1 2026: $2.8B Q1 2026 Q2 2026: $962.2M Q2 2026

Holdings 7 stocks · $2.6B

MCW Mister Car Wash Inc. 47.41% 219,213,079 $1.2B No change
LTH Life Time Group Holdings Inc. 25.75% 24,906,061 $662.0M No change
CLVT Clarivate PLC 15.16% 116,666,507 $389.7M No change
WSM Williams-Sonoma Inc. 6.95% 1,000,000 $178.6M No change
CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP 4.09% 9,000,000 $105.0M No change
ADV Advantage Solutions Inc. 0.53% 15,450,000 $13.6M No change
ASLE Aersale Corp. 0.12% 449,557 $3.2M Reduce -76.5%

Portfolio Sells Q3 2025 → Q4 2025

ASLE Aersale Corp. Reduce -76.5% 0.12% −0.47
SIG Signet Jewelers Ltd. Sold out 0.00% −0.14

Portfolio Buys Q3 2025 → Q4 2025

None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 4$962.2MLTH, CLVT, WSM, ADV
Q1 2026 6$2.8BMCW, LTH, CLVT, WSM, CALY
Q4 2025 7$2.6BMCW, LTH, CLVT, WSM, CALY
Q3 2025 8$2.6BMCW, LTH, CLVT, WSM, CALY
Q2 2025 8$3.4BMCW, LTH, WSM, CLVT, CALY
Q1 2025 8$4.1BMCW, LTH, WSM, CLVT, CALY
Q4 2024 9$4.1BMCW, LTH, WSM, CLVT, CALY
Q3 2024 12$4.6BMCW, LTH, CLVT, WSM, WCC
Q2 2024 12$4.7BMCW, LTH, CLVT, WCC, WSM
Q1 2024 11$5.5BMCW, WCC, LTH, CLVT, WSM