Advent International, L.P.

BOSTON, MA · CIK 1034196 · 13F filing filed 2024-05-15

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)

$5.7bn reported value -23.6% vs Q4 2023

19positions

97.2%in top 10

0 new 5 added 5 reduced 1 sold out vs Q4 2023

Holdings, Q1 2024

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	222,588,510	$2.7bn46.71%	46.71%	Reduced -63.2m	-63,165,139 -22.1%
2	OLAPLEX HLDGS INC COM OLPX	OLPX	499,468,771	$959.0m16.83%	16.83%	Unchanged
3	FIRST WATCH RESTAURANT GROUP COM FWRG	FWRG	27,189,784	$669.4m11.75%	11.75%	Reduced -6.9m	-6,900,000 -20.2%
4	DEFINITIVE HEALTHCARE CORP CLASS A COM DH	DH	62,493,676	$504.3m8.85%	8.85%	Unchanged
5	NU HLDGS LTD ORD SHS CL A NU	NU	23,774,907	$283.6m4.98%	4.98%	Unchanged
6	TRANSDIGM GROUP INC COM TDG	TDG	131,174	$161.6m2.83%	2.83%	Reduced -68.5k	-68,476 -34.3%
7	CARPENTER TECHNOLOGY CORP COM CRS	CRS	1,218,725	$87.0m1.53%	1.53%	Added +987.2k	+987,173 426.3%
8	BLUE OWL CAPITAL INC COM CL A OWL	OWL	4,030,000	$76.0m1.33%	1.33%	Added +1.7m	+1,655,000 69.7%
9	DYNATRACE INC COM NEW DT	DT	1,629,160	$75.7m1.33%	1.33%	Added +1.1m	+1,118,500 219.0%
10	FIVE BELOW INC COM FIVE	FIVE	343,306	$62.3m1.09%	1.09%	Unchanged
11	GE AEROSPACE COM NEW GE	GE	203,500	$35.7m0.63%	0.63%	Added +104.0k	+104,000 104.5%
12	INTUIT COM INTU	INTU	46,643	$30.3m0.53%	0.53%	Added +14.8k	+14,800 46.5%
13	NCS MULTISTAGE HLDGS INC COM NEW NCSM	NCSM	1,478,426	$23.7m0.42%	0.42%	Unchanged
14	ELASTIC N V ORD SHS ESTC	ESTC	235,716	$23.6m0.41%	0.41%	Reduced -62.5k	-62,500 -21.0%
15	AUTODESK INC COM ADSK	ADSK	66,810	$17.4m0.31%	0.31%	Reduced -7.1k	-7,127 -9.6%
16	ATI PHYSICAL THERAPY INC COM CL A ATIP	ATIP	2,316,613	$12.9m0.23%	0.23%	Unchanged
17	SERVICENOW INC COM NOW	NOW	15,232	$11.6m0.20%	0.20%	Unchanged
18	CI&T INC COM CL A CINT	CINT	556,699	$2.3m0.04%	0.04%	Unchanged
19	RAPID MICRO BIOSYSTEMS INC CLASS A COM RPID	RPID	577,777	$560.4k0.01%	0.01%	Unchanged

Sold out since Q4 2023

Security	Ticker	Shares held before	Value then
SOVOS BRANDS INC		42,612,154	$938.7m42.6m shares

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 Q1 2024

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
2024-03-12	FIRST WATCH RESTAURANT GROUP 10% owner · See Notes	FWRG	Sold	6,900,000	$165.5m6.9m shares	-20%
2024-03-12	FIRST WATCH RESTAURANT GROUP 10% owner · See Notes	FWRG	Sold	6,900,000	$165.5m6.9m shares	-20%
2024-03-12	FIRST WATCH RESTAURANT GROUP 10% owner · See Notes	FWRG	Sold	6,900,000	$165.5m6.9m shares	-20%
2024-03-04	CCC INTELLIGENT SOLUTIONS HL Director · See Notes	CCC	Sold	41,165,139	$466.4m41.2m shares	-43%
2024-01-08	CCC INTELLIGENT SOLUTIONS HL Director · See Notes	CCC	Sold	22,000,000	$230.3m22.0m shares	-26%