Advent International, L.P. 13F annual report
Advent International, L.P. is an investment fund managing more than $4.18 trillion ran by Neil Crawford. There are currently 23 companies in Mr. Crawford’s portfolio. The largest investments include Ccc Intelligent Solutions Hl and Olaplex Hldgs Inc, together worth $2.32 trillion.
$4.18 trillion Assets Under Management (AUM)
As of 7th August 2024, Advent International, L.P.’s top holding is 139,342,526 shares of Ccc Intelligent Solutions Hl currently worth over $1.55 trillion and making up 37.0% of the portfolio value.
In addition, the fund holds 499,468,771 shares of Olaplex Hldgs Inc worth $769 billion.
The third-largest holding is First Watch Restaurant Group worth $477 billion and the next is Definitive Healthcare Corp worth $341 billion, with 62,493,676 shares owned.
Currently, Advent International, L.P.'s portfolio is worth at least $4.18 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Advent International, L.P.
The Advent International, L.P. office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Neil Crawford serves as the Vice President of Finance at Advent International, L.P..
Recent trades
In the most recent 13F filing, Advent International, L.P. revealed that it had opened a new position in
Carpenter Technology and bought 1,333,961 shares worth $146 billion.
This means they effectively own approximately 0.1% of the company.
Carpenter Technology makes up
41.0%
of the fund's Industrials sector allocation and has grown its share price by 139.6% in the past year.
The investment fund also strengthened its position in Dynatrace Inc by buying
362,499 additional shares.
This makes their stake in Dynatrace Inc total 1,629,160 shares worth $72.9 billion.
Dynatrace Inc soared 2.4% in the past year.
On the other hand, there are companies that Advent International, L.P. is getting rid of from its portfolio.
Advent International, L.P. closed its position in Sovos Brands Inc on 14th August 2024.
It sold the previously owned 53,762,154 shares for $766 million.
Neil Crawford also disclosed a decreased stake in Ccc Intelligent Solutions Hl by 0.6%.
This leaves the value of the investment at $1.55 trillion and 139,342,526 shares.
One of the largest hedge funds
The two most similar investment funds to Advent International, L.P. are Kingsview Wealth Management and Interocean Capital. They manage $4.19 trillion and $4.19 trillion respectively.
Neil Crawford investment strategy
Advent International, L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Industrials — making up 8.5% of
the total portfolio value.
The fund focuses on investments in the United States as
47.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
22% of the total holdings value.
On the other hand, small-cap stocks make up only 4.3% of the portfolio.
The average market cap of the portfolio companies is close to $24.1 billion.
The complete list of Advent International, L.P. trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ccc Intelligent Solutions Hl |
60.82%
139,342,526
|
$1,548,095,464,000 | 36.99% |
| Olaplex Hldgs Inc |
No change
499,468,771
|
$769,181,907,000 | 18.38% |
| First Watch Restaurant Group |
35.63%
27,189,784
|
$477,452,607,000 | 11.41% |
| Definitive Healthcare Corp |
No change
62,493,676
|
$341,215,471,000 | 8.15% |
| Nu Hldgs Ltd |
54.29%
21,524,907
|
$277,456,051,000 | 6.63% |
| Transdigm Group Incorporated |
34.30%
131,174
|
$167,589,214,000 | 4.00% |
| Carpenter Technology Corp. |
Opened
1,333,961
|
$146,175,446,000 | 3.49% |
| Dynatrace Inc |
28.62%
1,629,160
|
$72,888,618,000 | 1.74% |
| Blue Owl Capital Inc |
Opened
4,030,000
|
$71,532,500,000 | 1.71% |
| Marvell Technology Inc |
Opened
805,000
|
$56,269,500,000 | 1.34% |
| GFL Environmental Inc. |
Opened
1,053,238
|
$41,002,555,000 | 0.98% |
| Five Below Inc |
17.23%
343,306
|
$37,410,055,000 | 0.89% |
| Group 1 Automotive, Inc. |
Opened
123,081
|
$36,589,520,000 | 0.87% |
| Lithia Mtrs Inc |
Opened
142,000
|
$35,847,900,000 | 0.86% |
| Asbury Automotive Group Inc |
Opened
135,758
|
$30,935,175,000 | 0.74% |
| Elastic N.V |
47.93%
235,716
|
$26,850,410,000 | 0.64% |
| NCS Multistage Holdings Inc |
No change
1,478,426
|
$24,807,988,000 | 0.59% |
| Ati Physical Therapy Inc |
Opened
2,316,613
|
$10,355,261,000 | 0.25% |
| Workday Inc |
Opened
24,500
|
$5,477,220,000 | 0.13% |
| CI&T Inc |
Opened
556,699
|
$2,894,835,000 | 0.07% |
| Intuit Inc |
77.02%
3,643
|
$2,394,216,000 | 0.06% |
| GE Aerospace |
Opened
12,000
|
$1,907,640,000 | 0.05% |
| Sovos Brands Inc |
Closed
53,762,154
|
$765,573,000 | |
| Rapid Micro Biosystems Inc |
No change
577,777
|
$381,333,000 | 0.01% |
| Ati Physical Therapy Inc |
Closed
115,830,656
|
$115,831,000 | |
| Envestnet Inc. |
Closed
1,881,239
|
$83,527,000 | |
| XP Inc |
Closed
2,662,138
|
$50,607,000 | |
| Autodesk Inc. |
Closed
207,737
|
$38,805,000 | |
| Raymond James Finl Inc |
Closed
376,752
|
$37,231,000 | |
| StoneCo Ltd |
Closed
3,102,182
|
$29,564,000 | |
| Ceridian Hcm Hldg Inc |
Closed
440,218
|
$24,599,000 | |
| Adobe Systems Incorporated |
Closed
71,000
|
$19,539,000 | |
| Flywire Corporation |
Closed
812,700
|
$18,660,000 | |
| Vtex |
Closed
1,000,000
|
$3,700,000 | |
| S&P Global Inc |
Closed
6,050
|
$1,847,000 | |
| ServiceNow Inc |
Closed
3,232
|
$1,220,000 | |
| No transactions found | |||
| Showing first 500 out of 36 holdings | |||
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