Darlington Partners Capital Management, LP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Darlington Partners Capital Management, LP disclosed 14 US equity positions worth $3.0bn in its Q3 2025 13F filing. The largest position was WMG at 13.8% of the reported book, followed by FOUR and CRM. Against the Q2 2025 filing, it opened 0 new positions, added to 3 and reduced 2 among the top 14 holdings.
What did Darlington Partners Capital Management, LP own in Q3 2025? Top 14 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | WMG WARNER MUSIC GROUP CORP | Communication Services | 13.8% | $408.6m | 11,995,280 | 0% | held |
| 2 | FOUR SHIFT4 PMTS INC | Technology | 13.2% | $392.6m | 5,071,725 | 2% | added |
| 3 | CRM SALESFORCE INC | Technology | 10.0% | $296.7m | 1,251,852 | 22% | added |
| 4 | TPG TPG INC | Financial Services | 9.6% | $283.2m | 4,930,047 | 0% | held |
| 5 | TKO TKO GROUP HOLDINGS INC | Communication Services | 9.2% | $272.7m | 1,350,367 | -39% | reduced |
| 6 | LPLA LPL FINL HLDGS INC | Financial Services | 8.8% | $261.4m | 785,737 | 0% | held |
| 7 | LINE LINEAGE INC | 6.7% | $198.3m | 5,132,810 | 46% | added | |
| 8 | FUN SIX FLAGS ENTERTAINMENT CORP | 6.7% | $197.7m | 8,700,000 | 0% | held | |
| 9 | LLYVK LIBERTY MEDIA CORP DEL | 4.5% | $133.6m | 1,279,329 | 0% | held | |
| 10 | MERIDIANLINK INC | 4.4% | $130.7m | 6,558,899 | -3% | reduced | |
| 11 | LNG CHENIERE ENERGY INC | Energy | 4.2% | $124.7m | 530,815 | 0% | held |
| 12 | BX BLACKSTONE INC | Financial Services | 3.5% | $102.4m | 599,227 | 0% | held |
| 13 | ACEL ACCEL ENTERTAINMENT INC | Consumer Cyclical | 3.0% | $89.6m | 8,098,349 | 0% | held |
| 14 | K4F ONESTREAM INC | 2.4% | $70.8m | 3,839,405 | 0% | held |
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.