Warburg Pincus LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Warburg Pincus LLC reported 3 stock positions worth $343.5 million. Its top holding was Sotera Health (SHC) at 79.8% of the portfolio, followed by Banc of California (BANC, 13.5%) and Clearwater Analytics HDS-A (CWAN, 6.7%). Compared with Q4 2025, it sold out of 1 and reduced 2. The biggest sale was Banc of California (BANC, shares −82%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001162870
Portfolio Value
$343.5M (Q1 2026)
SEC Filing
0001104659-26-062578 ↗ filed May 15, 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 Q4 2025 Q1 2026: $343.5M $343.5M Q1 2026 Q2 2026: $187.0M Q2 2026

Holdings 3 stocks · $343.5M

SHC Sotera Health Co. 79.76% 19,102,952 $273.9M Reduce -44.0%
BANC Banc of California Inc. 13.51% 2,640,244 $46.4M Reduce -81.7%
CWAN Clearwater Analytics HDS-A 6.73% 977,455 $23.1M No change

Portfolio Sells Q4 2025 → Q1 2026

BANC Banc of California Inc. Reduce -81.7% 13.51% −14.80
DCBO Docebo Inc. Sold out 0.00% −8.19
SHC Sotera Health Co. Reduce -44.0% 79.76% +18.65

Portfolio Buys Q4 2025 → Q1 2026

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