Sixth Street Partners Management Company, L.P.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Sixth Street Partners Management Company, L.P. reported 8 stock positions worth $1.3 billion. Its top holding was Caris Life Sciences (CAI) at 51.7% of the portfolio, followed by Enstar (ESGR, 19.1%) and P G & E (PCG, 16.4%). Compared with Q1 2025, it opened 1 new position and sold out of 12. The biggest buy was a new position in Caris Life Sciences (CAI) and the biggest sale an exit from Ss&c Technologies (SSNC).

Most Recent 13F
Q2 2026
Location
Dallas, TX
CIK
0001812095
Portfolio Value
$1.3B (Q2 2025)
SEC Filing
0000950123-25-007561 ↗ filed Aug 12, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $860.6M Q1 2024 Q2 2024: $737.6M Q2 2024 Q3 2024: $738.6M Q3 2024 Q4 2024: $773.8M Q4 2024 Q1 2025: $759.4M Q1 2025 Q2 2025: $1.3B $1.3B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $973.6M Q4 2025 Q1 2026: $710.7M Q1 2026 Q2 2026: $579.2M Q2 2026

Holdings 8 stocks · $1.3B
CAI Caris Life Sciences Inc. 51.71% 24,385,399 $651.6M New
ESGR Enstar Group Ltd. 19.07% 714,200 $240.2M No change
PCG P G & E Corp. 16.38% 14,809,288 $206.4M No change
TSLX Sixth Street Specialty Lendi 5.13% 2,714,226 $64.6M No change
CXM Sprinklr Inc. Class A 3.81% 5,670,000 $48.0M No change
ESNT Essent Group Ltd. 1.93% 400,000 $24.3M No change
MBC Masterbrand Inc. 1.21% 1,400,000 $15.3M No change
HOUS Anywhere Real Estate Inc. 0.76% 2,646,154 $9.6M No change

Portfolio Sells Q1 2025 → Q2 2025
SSNC Ss&c Technologies Holdings Sold out 0.00% −3.35
GWRE Guidewire Software Inc. Sold out 0.00% −1.95
TLN Talen Energy Corp. Sold out 0.00% −1.81
IP International Paper Co. Sold out 0.00% −1.62
CCC CCC Intelligent Solutions Ho Sold out 0.00% −1.58
FA First Advantage Corp. Sold out 0.00% −1.01
ICLR Icon PLC Sold out 0.00% −0.94
WWD Woodward Inc. Sold out 0.00% −0.79
HUM Humana Inc. Sold out 0.00% −0.77
SAIL Sailpoint Inc. Sold out 0.00% −0.31
NCNO Ncino Inc. Sold out 0.00% −0.20
FPH Five Point Holdings LLC Class A Sold out 0.00% −0.07

Portfolio Buys Q1 2025 → Q2 2025
CAI Caris Life Sciences Inc. New 51.71% +51.71

Notes & Other Activity Q1 2025 → Q2 2025
ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) NOTE 0.250% 6/1 · principal Sold out 4,000,000 $3.7Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 7$579.2MPCG, CAI, BATRK, MBC, TSLX
Q1 2026 7$710.7MCAI, PCG, BATRK, TSLX, MBC
Q4 2025 7$973.6MCAI, PCG, TSLX, MBC, CXM
Q3 2025 7$1.2BCAI, PCG, TSLX, MBC, CXM
Q2 2025 8$1.3BCAI, ESGR, PCG, TSLX, CXM
Q1 2025 19$759.4MPCG, ESGR, TSLX, CXM, SSNC
Q4 2024 18$773.8MPCG, ESGR, TSLX, CXM, SSNC
Q3 2024 15$738.6MPCG, ESGR, TSLX, CXM, SSNC
Q2 2024 14$737.6MPCG, ESGR, TSLX, CXM, HUM
Q1 2024 14$860.6MPCG, ESGR, CXM, TSLX, AVPT