Warburg Pincus LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Warburg Pincus LLC reported 4 stock positions worth $984.5 million. Its top holding was Sotera Health (SHC) at 61.1% of the portfolio, followed by Banc of California (BANC, 28.3%) and Docebo (DCBO, 8.2%). Compared with Q3 2025, it reduced 2. The biggest sale was Sotera Health (SHC, shares −45%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001162870
Portfolio Value
$984.5M (Q4 2025)
SEC Filing
0001104659-26-016436 ↗ filed Feb 17, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.8B Q1 2024 Q2 2024: $1.8B Q2 2024 Q3 2024: $1.9B Q3 2024 Q4 2024: $1.5B Q4 2024 Q1 2025: $1.3B Q1 2025 Q2 2025: $1.2B Q2 2025 Q3 2025: $1.3B Q3 2025 Q4 2025: $984.5M $984.5M Q4 2025 Q1 2026: $343.5M Q1 2026 Q2 2026: $187.0M Q2 2026

Holdings 4 stocks · $984.5M
SHC Sotera Health Co. 61.11% 34,102,952 $601.6M Reduce -44.8%
BANC Banc of California Inc. 28.31% 14,448,180 $278.7M Reduce -7.3%
DCBO Docebo Inc. 8.19% 3,630,715 $80.6M No change
CWAN Clearwater Analytics HDS-A 2.39% 977,455 $23.6M No change

Portfolio Sells Q3 2025 → Q4 2025
SHC Sotera Health Co. Reduce -44.8% 61.11% −11.07
BANC Banc of California Inc. Reduce -7.3% 28.31% +9.16

Portfolio Buys Q3 2025 → Q4 2025
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1$187.0MOCFC
Q1 2026 3$343.5MSHC, BANC, CWAN
Q4 2025 4$984.5MSHC, BANC, DCBO, CWAN
Q3 2025 4$1.3BSHC, BANC, DCBO, CWAN
Q2 2025 5$1.2BSHC, BANC, DCBO, CWAN, REI
Q1 2025 6$1.3BSHC, BANC, DCBO, VSAT, REI
Q4 2024 6$1.5BSHC, BANC, DCBO, VSAT, REI
Q3 2024 7$1.9BSHC, BANC, ALHC, DCBO, VSAT
Q2 2024 7$1.8BSHC, BANC, VSAT, ALHC, DCBO
Q1 2024 7$1.8BSHC, BANC, VSAT, DCBO, REI