TPG Group Holdings (SBS) Advisors, Inc.

CIK

1495741

Location

Fort Worth, TX

Portfolio Value

Mid $6,940,810,289

Diversification

Moderately concentrated

Filing Date

Global Rank

#531 / 6,035 ▼ 111 · as of Sep 2021

Top Industry

Medical Care Facilities 36.6%

Period ended 5 years ago

Filed Feb 25, 2022 · 4y

7 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2021, never from the firm's own description.

Style

Concentrated

The top 10 positions are 77.9% of the book (60%+)

Turnover

Medium turnover

40.9% over the last four quarters (30% to under 100%)

Horizon

Horizon unknown

The value-weighted holding period is at least 4.4 quarters, but 41.0% of the book was already held when coverage starts

Closest benchmark: the Nasdaq-100 as of 2021-09-30, active share 93.9%; sector active share 56.0% against the combined 13F book's sector weights.

Over time 7 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

43 tracked positions · as of Sep 30, 2021 · Δ vs Jun 30, 2021

Top Position

36.6%

−12.9 pts

Top 5

62.5%

−6.0 pts

Top 10

77.9%

−5.4 pts

HHI

1,599

Moderately concentrated−1,017

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2021

Sector	% Portfolio	Value	Positions
Healthcare	61.9%	$4,295,706,141	10
Technology	18.3%	$1,267,359,725	9
Communication Services	7.7%	$534,428,044	5
Industrials	6.6%	$459,429,758	2
Financial Services	1.9%	$130,705,725	1
Consumer Cyclical	1.5%	$106,523,637	2
Real Estate	1.3%	$87,734,324	1
Energy	0.8%	$58,922,935	1
Unclassified	0.0%	$0	12

Last Quarter's Activity

Export CSV

Sep 30, 2021 vs Jun 30, 2021

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
—		+1,346,373	3,881,198	$0
FIS	Fidelity National Information Services, Inc.	+408,270	2,916,245	$354,848,691
PEGA	Pegasystems Inc	+145,736	1,227,701	$156,040,797
—		+124,638	1,744,513	$0
CMCSA	Comcast Corp	+98,030	3,748,585	$209,658,381
PHG	Koninklijke Philips NV	+25,812	1,341,200	$59,602,928
FNF	Fidelity National Financial, Inc.	+22,300	2,882,794	$130,705,725
ROST	Ross Stores, Inc.	+14,945	808,465	$88,001,415
ELV	Elevance Health, Inc.	+8,245	1,067,795	$398,073,976
FWONA	Liberty Media Corp	+4,016	632,179	$28,990,302
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
—		−6,414,343	60,172,786	$0
AI	C3.ai, Inc.	−1,455,670	4,560,322	$211,325,321
FWONK	Liberty Media Corp	−1,119,631	5,174,220	$0
TRI	Thomson Reuters Corp	−484,535	2,791,010	$308,657,067
META	Meta Platforms, Inc.	−407,760	428,790	$145,527,038
PCVX	Vaxcyte, Inc.	−304,085	4,254,390	$107,933,874
JCI	Johnson Controls International plc	−184,085	2,214,640	$150,772,691
UBER	Uber Technologies, Inc	−160,362	4,126,007	$184,845,113
MPLX	Mplx LP	−141,932	2,069,650	$58,922,935
MSFT	Microsoft Corp	−128,967	465,660	$131,278,867
—		−128,530	521,290	$0
SONY	Sony Group Corp	−26,050	662,700	$73,281,366
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
OPTU	Optimum Communications, Inc.	7,251,560	$150,252,323
NRDY	Nerdy Inc.	13,223,250	$132,100,267
RLYB	Rallybio Corp	3,028,414	$53,239,518
NABL	N-able, Inc.	1,243,699	$15,434,304
LIDR	AEye, Inc.	1,500,000	$8,204,999
RPID	Rapid Micro Biosystems, Inc.	47,935	$885,359
No positions match the current search.

Sold Out

Positions the filer fully exited

19 positions

Ticker	Company	Shares	Value
ABNB	Airbnb, Inc.	1,842,162	$282,108,688
BABA	Alibaba Group Holding Ltd	700,590	$158,879,800
STEP	StepStone Group Inc.	596,205	$20,509,452
EPD	Enterprise Products Partners L.P.	482,974	$11,654,162
SLAMF	Slam Corp.	250,000	$2,422,750
—		1,250,000	$0
—		16,361,109	$0
—		2,000,000	$0
—		1,000,000	$0
SNII	Rigetti Computing, Inc.	280,000	$0
—		99,900	$0
—		500,000	$0
—		1,000,000	$0
SPAQ	Horizon Kinetics SPAC Active ETF	400,000	$0
—		625,000	$0
—		100,000	$0
—		1,500,000	$0
—		100,000	$0
—		400,000	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

43 tracked positions · $6,940,810,289 total · filing declares 1 positions · $18,522,000 · as of Sep 30, 2021

All sectors Communication Services Consumer Cyclical Energy Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
LFST	LifeStance Health Group, Inc. Healthcare	Held	175,284,635	0	$2,541,627,207	−48.0%	2	unpriced	36.62%
PGNY	Progyny, Inc. Healthcare	Held	10,000,000	0	$560,000,000	−5.1%	7+	before history	8.07%
ALLO	Allogene Therapeutics, Inc. Healthcare	Held	18,716,306	0	$481,009,064	−1.5%	7+	before history	6.93%
ELV	Elevance Health, Inc. Healthcare	Added	1,067,795	+8,245	$398,073,976	−1.6%	7+	before history	5.74%
FIS	Fidelity National Information Services, Inc. Technology	Added	2,916,245	+408,270	$354,848,691	−0.1%	7+	before history	5.11%
TRI	Thomson Reuters Corp Industrials	Reduced	2,791,010	-484,535	$308,657,067	−5.2%	5	unpriced	4.45%
AI	C3.ai, Inc. Technology	Reduced	4,560,322	-1,455,670	$211,325,321	−43.8%	4	unpriced	3.04%
CMCSA	Comcast Corp Communication Services	Added	3,748,585	+98,030	$209,658,381	+0.7%	7+	before history	3.02%
UBER	Uber Technologies, Inc Technology	Reduced	4,126,007	-160,362	$184,845,113	−14.0%	7+	before history	2.66%
PEGA	Pegasystems Inc Technology	Added	1,227,701	+145,736	$156,040,797	+3.6%	7+	before history	2.25%
JCI	Johnson Controls International plc Industrials	Reduced	2,214,640	-184,085	$150,772,691	−8.4%	3	$55.68	2.17%
OPTU	Optimum Communications, Inc. Communication Services	NEW	7,251,560	NEW	$150,252,323	NEW	1	$29.13	2.16%
META	Meta Platforms, Inc. Communication Services	Reduced	428,790	-407,760	$145,527,038	−50.0%	3	$280.78	2.10%
NRDY	Nerdy Inc. Technology	NEW	13,223,250	NEW	$132,100,267	NEW	1	$10.10	1.90%
MSFT	Microsoft Corp Technology	Reduced	465,660	-128,967	$131,278,867	−18.5%	3	$232.02	1.89%
FNF	Fidelity National Financial, Inc. Financial Services	Added	2,882,794	+22,300	$130,705,725	+5.1%	7+	before history	1.88%
PCVX	Vaxcyte, Inc. Healthcare	Reduced	4,254,390	-304,085	$107,933,874	+5.2%	6	unpriced	1.56%
ROST	Ross Stores, Inc. Consumer Cyclical	Added	808,465	+14,945	$88,001,415	−10.6%	5	$90.29	1.27%
TRTX	TPG RE Finance Trust, Inc. Real Estate	Held	7,086,779	0	$87,734,324	−8.0%	7+	before history	1.26%
AMRX	Amneal Pharmaceuticals, Inc. Healthcare	Held	16,213,367	0	$86,579,379	+4.3%	7+	before history	1.25%
SONY	Sony Group Corp Technology	Reduced	662,700	-26,050	$73,281,366	+9.4%	7+	before history	1.06%
PHG	Koninklijke Philips NV Healthcare	Added	1,341,200	+25,812	$59,602,928	−8.8%	7+	before history	0.86%
MPLX	Mplx LP Energy	Reduced	2,069,650	-141,932	$58,922,935	−10.0%	7+	before history	0.85%
RLYB	Rallybio Corp Healthcare	NEW	3,028,414	NEW	$53,239,518	NEW	1	$14.66	0.77%
FWONA	Liberty Media Corp Communication Services	Added	632,179	+4,016	$28,990,302	+11.1%	5	unpriced	0.42%
UXIN	Uxin Ltd Consumer Cyclical	Held	6,710,950	0	$18,522,222	−28.3%	2	$3.02	0.27%
NABL	N-able, Inc. Technology	NEW	1,243,699	NEW	$15,434,304	NEW	1	$13.70	0.22%
LIDR	AEye, Inc. Technology	NEW	1,500,000	NEW	$8,204,999	NEW	1	$9.22	0.12%
TRVI	Trevi Therapeutics, Inc. Healthcare	Held	4,824,883	0	$6,754,836	−37.8%	7+	before history	0.10%
RPID	Rapid Micro Biosystems, Inc. Healthcare	NEW	47,935	NEW	$885,359	NEW	1	$20.66	0.01%
		Held	500,000	0	$0	—	3	unpriced	0.00%
		Held	54,699,513	0	$0	—	2	unpriced	0.00%
		Reduced	521,290	-128,530	$0	—	7+	before history	0.00%
		Added	1,744,513	+124,638	$0	—	3	unpriced	0.00%
		Held	1,500,000	0	$0	—	2	unpriced	0.00%
		Added	3,881,198	+1,346,373	$0	—	3	unpriced	0.00%
		Held	1,200,000	0	$0	—	3	unpriced	0.00%
		Held	2,551,794	0	$0	—	6	unpriced	0.00%
FWONK	Liberty Media Corp Communication Services	Reduced	5,174,220	-1,119,631	$0	—	5	unpriced	0.00%
FLXN	Horizon Flexible Income ETF	Held	936,507	0	$0	—	7+	before history	0.00%
		Held	1,020,748	0	$0	—	7+	before history	0.00%
		Reduced	60,172,786	-6,414,343	$0	—	4	unpriced	0.00%
		Held	1,885,939	0	$0	—	7+	before history	0.00%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.