Advent International, L.P.

CIK

1034196

Location

BOSTON, MA

Portfolio Value

Mid $4,244,218,856

Diversification

Moderately concentrated

Filing Date

Global Rank

#754 / 8,604 ▼ 46 · as of Mar 2026

Top Industry

Specialty Retail 39.8%

3Y Alpha vs SPY

-36.8%

Period ended 3 months ago

Filed May 15, 2026 · 54d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

-37.0%

SPY

+76.5%

Annualised alpha

-35.1%

Max drawdown

−49.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

30 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

40.0%

−11.0 pts

Top 5

78.9%

−1.4 pts

Top 10

89.2%

−2.3 pts

HHI

2,286

Moderately concentrated−629

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	40.0%	$1,698,453,397	1
Consumer Cyclical	25.4%	$1,076,645,521	3
Technology	12.9%	$548,174,489	10
Healthcare	8.1%	$344,775,280	3
Energy	5.5%	$233,884,375	3
Financial Services	3.9%	$166,228,690	6
Industrials	3.5%	$147,876,994	3
Utilities	0.7%	$28,180,110	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

5 positions

Ticker	Company	Δ Shares	Shares	Value
GFL	GFL Environmental Inc.	+443,918	823,010	$34,335,977
ARES	Ares Management Corp	+424,185	428,720	$46,773,352
SNPS	Synopsys Inc	+43,755	69,640	$27,610,867
INTU	Intuit Inc.	+17,682	23,000	$9,944,740
TDG	TransDigm Group INC	+10,925	17,459	$20,234,282
No positions match the current search.

Trimmed

Positions the filer reduced

13 positions

Ticker	Company	Δ Shares	Shares	Value
OWL	Blue Owl Capital Inc.	−6,657,142	29,675	$270,932
NU	Nu Holdings Ltd.	−1,704,666	7,292,793	$104,797,435
EQH	Equitable Holdings, Inc.	−521,700	12,810	$475,379
DT	Dynatrace, Inc.	−475,500	667,126	$24,670,319
MRVL	Marvell Technology, Inc.	−260,771	475,119	$47,060,536
WDAY	Workday, Inc.	−178,395	88,480	$11,495,321
CRS	Carpenter Technology Corp	−104,453	236,729	$93,306,735
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−59,125	343,875	$116,212,556
LAD	Lithia Motors Inc	−56,398	95,273	$23,791,573
RPID	Rapid Micro Biosystems, Inc.	−25,400	552,377	$1,253,895
SEI	Solaris Energy Infrastructure, Inc.	−22,447	1,241,362	$70,149,366
GPI	Group 1 Automotive Inc	−20,208	117,752	$38,932,343
ADSK	Autodesk, Inc.	−10,905	40,410	$9,674,154
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
BKR	Baker Hughes Co	1,184,425	$72,309,146
AMD	Advanced Micro Devices Inc	243,905	$49,617,594
VST	Vistra Corp.	187,455	$28,180,110
AGBK	AGI Inc	1,125,000	$8,178,750
STEP	StepStone Group Inc.	120,135	$5,732,842
DDOG	Datadog, Inc.	1,900	$224,295
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

30 positions · $4,244,218,856 total · as of Mar 31, 2026

All sectors Consumer Cyclical Energy Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NIQ	NIQ Global Intelligence plc	Held	149,380,246	0	$1,698,453,397	−31.0%	40.02%
OLPX	Olaplex Holdings, Inc. Consumer Cyclical	Held	499,468,771	0	$1,013,921,605	+51.5%	23.89%
WAY	Waystar Holding Corp. Healthcare	Held	11,059,899	0	$266,654,164	−26.4%	6.28%
CINT	CI&T Inc Technology	Held	49,637,891	0	$251,664,107	+24.6%	5.93%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	343,875	-59,125	$116,212,556	−5.1%	2.74%
NU	Nu Holdings Ltd. Financial Services	Reduced	7,292,793	-1,704,666	$104,797,435	−30.4%	2.47%
CRS	Carpenter Technology Corp Industrials	Reduced	236,729	-104,453	$93,306,735	−13.1%	2.20%
NCSM	NCS Multistage Holdings, Inc. Energy	Held	1,478,426	0	$91,425,863	+56.6%	2.15%
DH	Definitive Healthcare Corp. Healthcare	Held	62,493,676	0	$76,867,221	−57.1%	1.81%
BKR	Baker Hughes Co Energy	NEW	1,184,425	NEW	$72,309,146	NEW	1.70%
SEI	Solaris Energy Infrastructure, Inc. Energy	Reduced	1,241,362	-22,447	$70,149,366	+20.7%	1.65%
AMD	Advanced Micro Devices Inc Technology	NEW	243,905	NEW	$49,617,594	NEW	1.17%
MRVL	Marvell Technology, Inc. Technology	Reduced	475,119	-260,771	$47,060,536	−24.7%	1.11%
ARES	Ares Management Corp Financial Services	Added	428,720	+424,185	$46,773,352	+6281.2%	1.10%
GPI	Group 1 Automotive Inc Consumer Cyclical	Reduced	117,752	-20,208	$38,932,343	−28.2%	0.92%
GFL	GFL Environmental Inc. Industrials	Added	823,010	+443,918	$34,335,977	+110.9%	0.81%
VST	Vistra Corp. Utilities	NEW	187,455	NEW	$28,180,110	NEW	0.66%
SNPS	Synopsys Inc Technology	Added	69,640	+43,755	$27,610,867	+127.1%	0.65%
DT	Dynatrace, Inc. Technology	Reduced	667,126	-475,500	$24,670,319	−50.2%	0.58%
LAD	Lithia Motors Inc Consumer Cyclical	Reduced	95,273	-56,398	$23,791,573	−52.8%	0.56%
TDG	TransDigm Group INC Industrials	Added	17,459	+10,925	$20,234,282	+132.9%	0.48%
WDAY	Workday, Inc. Technology	Reduced	88,480	-178,395	$11,495,321	−79.9%	0.27%
INTU	Intuit Inc. Technology	Added	23,000	+17,682	$9,944,740	+182.3%	0.23%
ADSK	Autodesk, Inc. Technology	Reduced	40,410	-10,905	$9,674,154	−36.3%	0.23%
AGBK	AGI Inc Financial Services	NEW	1,125,000	NEW	$8,178,750	NEW	0.19%
STEP	StepStone Group Inc. Financial Services	NEW	120,135	NEW	$5,732,842	NEW	0.14%
RPID	Rapid Micro Biosystems, Inc. Healthcare	Reduced	552,377	-25,400	$1,253,895	−25.2%	0.03%
EQH	Equitable Holdings, Inc. Financial Services	Reduced	12,810	-521,700	$475,379	−98.1%	0.01%
OWL	Blue Owl Capital Inc. Financial Services	Reduced	29,675	-6,657,142	$270,932	−99.7%	0.01%
DDOG	Datadog, Inc. Technology	NEW	1,900	NEW	$224,295	NEW	0.01%