Darlington Partners Capital Management, LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Darlington Partners Capital Management, LP disclosed 14 US equity positions worth $2.5bn in its Q4 2025 13F filing. The largest position was FOUR at 14.0% of the reported book, followed by CRM and TPG. Against the Q3 2025 filing, it opened 1 new position, added to 1 and reduced 4 among the top 14 holdings.
What did Darlington Partners Capital Management, LP own in Q4 2025? Top 14 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | FOUR SHIFT4 PMTS INC | Technology | 14.0% | $350.9m | 5,571,725 | 10% | added |
| 2 | CRM SALESFORCE INC | Technology | 13.3% | $331.6m | 1,251,852 | 0% | held |
| 3 | TPG TPG INC | Financial Services | 12.6% | $314.7m | 4,930,047 | 0% | held |
| 4 | TKO TKO GROUP HOLDINGS INC | Communication Services | 11.3% | $282.2m | 1,350,367 | 0% | held |
| 5 | LPLA LPL FINL HLDGS INC | Financial Services | 11.2% | $279.7m | 783,006 | -0% | held |
| 6 | WMG WARNER MUSIC GROUP CORP | Communication Services | 8.2% | $204.0m | 6,651,884 | -45% | reduced |
| 7 | GLBE GLOBAL E ONLINE LTD | Consumer Cyclical | 5.9% | $147.8m | 3,760,279 | – | new |
| 8 | LNG CHENIERE ENERGY INC | Energy | 4.1% | $103.2m | 530,815 | 0% | held |
| 9 | LLYVK LIBERTY MEDIA CORP DEL | 3.8% | $94.5m | 959,329 | -25% | reduced | |
| 10 | ACEL ACCEL ENTERTAINMENT INC | Consumer Cyclical | 3.7% | $92.4m | 8,098,349 | 0% | held |
| 11 | BX BLACKSTONE INC | Financial Services | 3.7% | $92.4m | 599,227 | 0% | held |
| 12 | FUN SIX FLAGS ENTERTAINMENT CORP | 3.2% | $79.8m | 5,200,000 | -40% | reduced | |
| 13 | K4F ONESTREAM INC | 2.8% | $70.6m | 3,839,405 | 0% | held | |
| 14 | LINE LINEAGE INC | 2.2% | $56.2m | 1,605,810 | -69% | 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.