Lexington Partners L.P.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Lexington Partners L.P. reported 5 stock positions worth $339.5 million. Its top holding was Karman (KRMN) at 95.5% of the portfolio, followed by N-Able (NABL, 2.7%) and Medline Class A (MDLN, 1.7%). Compared with Q3 2025, it opened 2 new positions, sold out of 1 and added to 1. The biggest buy was a new position in Medline Class A (MDLN) and the biggest sale an exit from Samsara Class A (IOT).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001621157
- Portfolio Value
- $339.5M (Q4 2025)
- SEC Filing
- 0001193125-26-044828 ↗ filed Feb 10, 2026
Holdings Value
Holdings 5 stocks · $339.5M
Portfolio Sells Q3 2025 → Q4 2025
| IOT Samsara Inc. Class A | Sold out | 0.00% | −0.26 |
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2 | $133.8M | KRMN, NABL |
| Q1 2026 | 3 | $366.4M | KRMN, MDLN, NABL |
| Q4 2025 | 5 | $339.5M | KRMN, NABL, MDLN, RBRK, ALEC |
| Q3 2025 | 4 | $330.4M | KRMN, NABL, IOT, ALEC |
| Q2 2025 | 1 | $10.0M | NABL |
| Q1 2025 | 4 | $10.6M | NABL, TEM, BODI, AMPX |
| Q4 2024 | 6 | $83.0M | KDP, SWI, NABL, RBRK, AMPX |
| Q3 2024 | 3 | $94.3M | KDP, NABL, SWI |
| Q2 2024Amended | 3 | $89.0M | KDP, NABL, SWI |
| Q1 2024 | 4 | $140.5M | KDP, DNUT, NABL, SWI |