Advent International, L.P.

BOSTON, MA · CIK 1034196 · 13F filing filed 2024-02-14

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityAdvent International, L.P. (US)

$7.5bn reported value -11.0% vs Q3 2023

20positions

98.0%in top 10

1 new 1 added 4 reduced 0 sold out vs Q3 2023

Holdings, Q4 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	CCC INTELLIGENT SOLUTIONS HL COM CCC	CCC	285,753,649	$3.3bn43.63%	43.63%	Reduced -69.9m	-69,875,000 -19.6%
2	OLAPLEX HLDGS INC COM OLPX	OLPX	499,468,771	$1.3bn17.01%	17.01%	Unchanged
3	SOVOS BRANDS INC COM COM		42,612,154	$938.7m12.58%	12.58%	Unchanged
4	FIRST WATCH RESTAURANT GROUP COM FWRG	FWRG	34,089,784	$685.2m9.18%	9.18%	Unchanged
5	DEFINITIVE HEALTHCARE CORP CLASS A COM DH	DH	62,493,676	$621.2m8.33%	8.33%	Unchanged
6	TRANSDIGM GROUP INC COM TDG	TDG	199,650	$202.0m2.71%	2.71%	Unchanged
7	NU HLDGS LTD ORD SHS CL A NU	NU	23,774,907	$198.0m2.65%	2.65%	Unchanged
8	FIVE BELOW INC COM FIVE	FIVE	343,306	$73.2m0.98%	0.98%	Unchanged
9	BLUE OWL CAPITAL INC COM CL A OWL	OWL	2,375,000	$35.4m0.47%	0.47%	Unchanged
10	ELASTIC N V ORD SHS ESTC	ESTC	298,216	$33.6m0.45%	0.45%	Reduced -154.5k	-154,500 -34.1%
11	DYNATRACE INC COM NEW DT	DT	510,660	$27.9m0.37%	0.37%	Unchanged
12	NCS MULTISTAGE HLDGS INC COM NEW NCSM	NCSM	1,478,426	$26.4m0.35%	0.35%	Unchanged
13	INTUIT COM INTU	INTU	31,843	$19.9m0.27%	0.27%	Reduced -14.0k	-14,000 -30.5%
14	AUTODESK INC COM ADSK	ADSK	73,937	$18.0m0.24%	0.24%	Unchanged
15	CARPENTER TECHNOLOGY CORP COM CRS	CRS	231,552	$16.4m0.22%	0.22%	New
16	ATI PHYSICAL THERAPY INC COM CL A ATIP	ATIP	2,316,613	$14.2m0.19%	0.19%	Unchanged
17	GE AEROSPACE COM NEW GE	GE	99,500	$12.7m0.17%	0.17%	Reduced -243.0k	-243,000 -71.0%
18	SERVICENOW INC COM NOW	NOW	15,232	$10.8m0.14%	0.14%	Added +12.0k	+12,000 371.3%
19	CI&T INC COM CL A CINT	CINT	556,699	$2.9m0.04%	0.04%	Unchanged
20	RAPID MICRO BIOSYSTEMS INC CLASS A COM RPID	RPID	577,777	$427.6k0.01%	0.01%	Unchanged

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
INNIO NV INIO · 13G · filed 2026-08-13	INIO	86.2%≈ $25.6bn	new	13G	2026-08-13
DEFINITIVE HEALTHCARE CORP DH · 13D · filed 2026-10-01	DH	58.5%≈ $51.9m	no change	13D	2026-10-01
INTUITIVE MACHINES INC LUNR · 13G · filed 2026-01-20	LUNR	16.0%≈ $491.8m	new	13G	2026-01-20
WAYSTAR HLDG CORP WAY · 13D · filed 2025-10-03	WAY	5.8%≈ $227.1m	new	13D	2025-10-03

Trades reported as a company insider in Q4 2023

Owning 10% or more of a company, or having someone on its board, makes this manager an insider there: it reports its trades in that company's shares on Form 4 within two business days. Open-market and private purchases and sales only.

Date	Company	Ticker	Trade	Shares	Value	Their holding
2023-11-13	CCC INTELLIGENT SOLUTIONS HL Director · See Notes	CCC	Sold	69,875,000	$706.4m69.9m shares	-100%
2023-11-13	CCC INTELLIGENT SOLUTIONS HL Director · See Notes	CCC	Sold	69,875,000	$706.4m69.9m shares	-100%