Sixth Street Partners Management Company, L.P.

Name: Sixth Street Partners Management Company, L.P. 13F holdings, Q1 2025
Creator: Sixth Street Partners Management Company, L.P.
Published: 2025-05-13

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Sixth Street Partners Management Company, L.P. reported 19 stock positions worth $759.4 million. Its top holding was P G & E (PCG) at 33.5% of the portfolio, followed by Enstar (ESGR, 31.3%) and Sixth Street Specialty Lendi (TSLX, 8.0%). Compared with Q4 2024, it opened 3 new positions, sold out of 2, added to 5 and reduced 3. The biggest buy was a new position in Essent (ESNT) and the biggest sale an exit from Workday Class A (WDAY).

Most Recent 13F: Q2 2026
Location: Dallas, TX
CIK: 0001812095
Portfolio Value: $759.4M (Q1 2025)
SEC Filing: 0000950123-25-004842 ↗ filed May 13, 2025

Holdings Value

Holdings 19 stocks · $759.4M


PCG P G & E Corp.	33.50%	14,809,288	$254.4M	No change
ESGR Enstar Group Ltd.	31.26%	714,200	$237.4M	No change
TSLX Sixth Street Specialty Lendi	8.00%	2,714,226	$60.7M	No change
CXM Sprinklr Inc. Class A	6.23%	5,670,000	$47.3M	No change
SSNC Ss&c Technologies Holdings	3.35%	305,000	$25.5M	Reduce -12.9%
ESNT Essent Group Ltd.	3.04%	400,000	$23.1M	New
MBC Masterbrand Inc.	2.41%	1,400,000	$18.3M	No change
GWRE Guidewire Software Inc.	1.95%	79,000	$14.8M	Add +8.2%
TLN Talen Energy Corp.	1.81%	69,000	$13.8M	Add +7.8%
IP International Paper Co.	1.62%	230,000	$12.3M	Add +29.2%
CCC CCC Intelligent Solutions Ho	1.58%	1,325,000	$12.0M	Add +10.4%
HOUS Anywhere Real Estate Inc.	1.16%	2,646,154	$8.8M	No change
FA First Advantage Corp.	1.01%	545,000	$7.7M	Add +73.0%
ICLR Icon PLC	0.94%	41,000	$7.2M	No change
WWD Woodward Inc.	0.79%	33,000	$6.0M	Reduce -19.5%
HUM Humana Inc.	0.77%	22,000	$5.8M	No change
SAIL Sailpoint Inc.	0.31%	125,000	$2.3M	New
NCNO Ncino Inc.	0.20%	55,000	$1.5M	New
FPH Five Point Holdings LLC Class A	0.07%	92,526	$494K	Reduce -77.7%

Other holdings (1): bonds, preferreds, convertibles and warrants · $3.7M (not counted above)

Security	Class	Shares / Principal	Value	Change
ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26)	NOTE 0.250% 6/1 · principal	4,000,000	$3.7M	No change

Total filed on the 13F, all lines: $763.1M.

Portfolio Sells Q4 2024 → Q1 2025


WDAY Workday Inc. Class A	Sold out	0.00%	−0.50
TTAN Servicetitan Inc. Class A	Sold out	0.00%	−0.29
FPH Five Point Holdings LLC Class A	Reduce -77.7%	0.07%	−0.14
WWD Woodward Inc.	Reduce -19.5%	0.79%	−0.09
SSNC Ss&c Technologies Holdings	Reduce -12.9%	3.35%	−0.07

Portfolio Buys Q4 2024 → Q1 2025


ESNT Essent Group Ltd.	New	3.04%	+3.04
IP International Paper Co.	Add +29.2%	1.62%	+0.38
GWRE Guidewire Software Inc.	Add +8.2%	1.95%	+0.36
SAIL Sailpoint Inc.	New	0.31%	+0.31
FA First Advantage Corp.	Add +73.0%	1.01%	+0.25
NCNO Ncino Inc.	New	0.20%	+0.20
TLN Talen Energy Corp.	Add +7.8%	1.81%	+0.15
CCC CCC Intelligent Solutions Ho	Add +10.4%	1.58%	−0.24

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026Amended	7	$579.2M	PCG, CAI, BATRK, MBC, TSLX
Q1 2026	7	$710.7M	CAI, PCG, BATRK, TSLX, MBC
Q4 2025	7	$973.6M	CAI, PCG, TSLX, MBC, CXM
Q3 2025	7	$1.2B	CAI, PCG, TSLX, MBC, CXM
Q2 2025	8	$1.3B	CAI, ESGR, PCG, TSLX, CXM
Q1 2025	19	$759.4M	PCG, ESGR, TSLX, CXM, SSNC
Q4 2024	18	$773.8M	PCG, ESGR, TSLX, CXM, SSNC
Q3 2024	15	$738.6M	PCG, ESGR, TSLX, CXM, SSNC
Q2 2024	14	$737.6M	PCG, ESGR, TSLX, CXM, HUM
Q1 2024	14	$860.6M	PCG, ESGR, CXM, TSLX, AVPT