Solel Partners LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Solel Partners LP reported 19 stock positions worth $519.8 million. Its top holding was Unitedhealth (UNH) at 13.7% of the portfolio, followed by Brightstar Lottery (BRSL, 11.4%) and CVS Health (CVS, 10.4%). Compared with Q2 2025, it opened 4 new positions, sold out of 5, added to 3 and reduced 3. The biggest buy was a new position in First American Financial (FAF) and the biggest sale an exit from Couchbase (BASE).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001790604
- Portfolio Value
- $519.8M (Q3 2025)
- SEC Filing
- 0000905148-25-004046 ↗ filed Nov 14, 2025
Holdings Value
Holdings 19 stocks · $519.8M
| UNH Unitedhealth Group Inc. | 13.72% | 206,527 | $71.3M | Add +10.1% |
| BRSL Brightstar Lottery PLC | 11.35% | 3,420,124 | $59.0M | Reduce -23.7% |
| CVS CVS Health Corp. | 10.35% | 713,700 | $53.8M | Add +5.8% |
| SYF Synchrony Financial | 10.10% | 739,000 | $52.5M | Reduce -39.0% |
| TNL Travel + Leisure Co. | 9.01% | 787,317 | $46.8M | No change |
| FAF First American Financial | 5.69% | 460,700 | $29.6M | New |
| LPLA LPL Financial Holdings Inc. | 5.57% | 87,000 | $28.9M | No change |
| HUM Humana Inc. | 4.62% | 92,200 | $24.0M | No change |
| BRZE Braze Inc. Class A | 4.08% | 745,900 | $21.2M | New |
| CZR Caesars Entertainment Inc. | 4.06% | 780,750 | $21.1M | No change |
| CXM Sprinklr Inc. Class A | 3.94% | 2,649,369 | $20.5M | Reduce -10.9% |
| CPT Camden Property Trust | 3.86% | 188,000 | $20.1M | New |
| WEX Wex Inc. | 3.58% | 118,100 | $18.6M | New |
| HLF Herbalife Ltd. | 2.71% | 1,669,405 | $14.1M | No change |
| XPOF Xponential Fitness Inc. Class A | 1.87% | 1,245,000 | $9.7M | Add +379.5% |
| TRTX TPG Re Finance Trust Inc. | 1.44% | 873,686 | $7.5M | No change |
| PUK Prudential PLC-ADR | 1.44% | 266,592 | $7.5M | No change |
| LAW CS Disco Inc. | 1.37% | 1,105,244 | $7.1M | No change |
| BIOX Bioceres Crop Solutions Corp. | 1.24% | 4,579,364 | $6.5M | No change |
Portfolio Sells Q2 2025 → Q3 2025
| BASE Couchbase Inc. | Sold out | 0.00% | −10.08 |
| PGRE Paramount Group Inc. | Sold out | 0.00% | −4.46 |
| SYF Synchrony Financial | Reduce -39.0% | 10.10% | −3.97 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −3.59 |
| MLCO Melco Resorts & Entert-ADR | Sold out | 0.00% | −1.67 |
| JCAP Jefferson Capital Inc. | Sold out | 0.00% | −1.01 |
| BRSL Brightstar Lottery PLC | Reduce -23.7% | 11.35% | −0.98 |
| CXM Sprinklr Inc. Class A | Reduce -10.9% | 3.94% | −0.44 |
Portfolio Buys Q2 2025 → Q3 2025
| FAF First American Financial | New | 5.69% | +5.69 |
| BRZE Braze Inc. Class A | New | 4.08% | +4.08 |
| CPT Camden Property Trust | New | 3.86% | +3.86 |
| WEX Wex Inc. | New | 3.58% | +3.58 |
| UNH Unitedhealth Group Inc. | Add +10.1% | 13.72% | +3.54 |
| CVS CVS Health Corp. | Add +5.8% | 10.35% | +2.26 |
| XPOF Xponential Fitness Inc. Class A | Add +379.5% | 1.87% | +1.53 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 24 | $588.5M | HUM, UNH, CPT, SYF, TNL |
| Q1 2026 | 19 | $467.7M | UNH, SYF, BRZE, TNL, CVS |
| Q4 2025 | 22 | $618.2M | UNH, SYF, CVS, BRZE, BRSL |
| Q3 2025 | 19 | $519.8M | UNH, BRSL, CVS, SYF, TNL |
| Q2 2025 | 20 | $574.5M | SYF, BRSL, UNH, BASE, CVS |
| Q1 2025 | 21 | $540.1M | SYF, BRSL, CVS, TNL, UNH |
| Q4 2024 | 21 | $492.9M | SYF, CVS, BRSL, CI, TNL |
| Q3 2024 | 17 | $490.9M | CVS, BRSL, SYF, GO, CI |
| Q2 2024 | 21 | $594.0M | HUM, BIOX, SYF, BRSL, ZUO |
| Q1 2024 | 18 | $561.9M | CI, BIOX, HUM, SYF, FNF |