Carlyle Group Inc. 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Carlyle Group Inc. disclosed 20 US equity positions worth $13.6bn in its Q4 2025 13F filing. The largest position was MDLN at 66.7% of the reported book, followed by SARO and PHAT. Against the Q3 2025 filing, it opened 4 new positions, added to 1 and reduced 3 among the top 20 holdings.
What did Carlyle Group Inc. own in Q4 2025? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | MDLN Medline Inc | Healthcare | 66.7% | $9.0bn | 215,303,036 | – | new |
| 2 | SARO Standardaero Inc | Industrials | 32.3% | $4.4bn | 152,673,891 | 0% | held |
| 3 | PHAT Phathom Pharmaceuticals Inc | 0.4% | $58.0m | 3,496,808 | 0% | held | |
| 4 | PONY Pony Ai Inc | Technology | 0.3% | $34.3m | 2,362,447 | 0% | held |
| 5 | INVH Invitation Homes Inc | Real Estate | 0.1% | $18.5m | 664,100 | 39% | added |
| 6 | GETY Getty Images Holdings Inc | 0.1% | $8.4m | 6,234,252 | 0% | held | |
| 7 | CUBE CubeSmart | Real Estate | 0.1% | $7.9m | 220,500 | 0% | held |
| 8 | QTTB Q32 Bio Inc | 0.0% | $3.6m | 1,102,741 | 0% | held | |
| 9 | SPRB Spruce Biosciences Inc | 0.0% | $3.3m | 38,620 | -99% | reduced | |
| 10 | FWRD Forward Air Corp | 0.0% | $3.1m | 107,214 | 0% | held | |
| 11 | JSPR Jasper Therapeutics Inc | 0.0% | $1.9m | 1,066,189 | 0% | held | |
| 12 | ACET Adicet Bio Inc | 0.0% | $1.5m | 184,295 | – | new | |
| 13 | DNUT Krispy Kreme Inc | Consumer Defensive | 0.0% | $1.4m | 340,748 | 0% | held |
| 14 | OKUR Onkure Therapeutics Inc | 0.0% | $771.9k | 269,895 | 0% | held | |
| 15 | NABL N-able Inc | Technology | 0.0% | $701.1k | 93,732 | 0% | held |
| 16 | SPWR SunPower Inc | 0.0% | $680.1k | 433,158 | -66% | reduced | |
| 17 | Nucana Plc | 0.0% | $480.0k | 133,333 | 0% | held | |
| 18 | HOOD Robinhood Mkts Inc | Financial Services | 0.0% | $381.8k | 3,376 | – | new |
| 19 | SYRE Spyre Therapeutics Inc | 0.0% | $315.1k | 9,620 | – | new | |
| 20 | Exicure Inc | 0.0% | $304.7k | 56,328 | -80% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.