Advent International, L.P.

BOSTON, MA · CIK 1034196 · 13F filing filed 2024-11-14

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)

$4.7bn reported value +12.9% vs Q2 2024

22positions

94.2%in top 10

1 new 3 added 5 reduced 2 sold out vs Q2 2024

Holdings, Q3 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	139,342,526	$1.5bn32.59%	32.59%	Unchanged
2	OLAPLEX HLDGS INC COM OLPX	OLPX	499,468,771	$1.2bn24.84%	24.84%	Unchanged
3	FIRST WATCH RESTAURANT GROUP COM FWRG	FWRG	27,189,784	$424.2m8.98%	8.98%	Unchanged
4	CI&T INC COM CL A CINT	CINT	49,637,891	$337.0m7.13%	7.13%	Added +49.1m	+49,081,192 8816.5%
5	DEFINITIVE HEALTHCARE CORP CLASS A COM DH	DH	62,493,676	$279.3m5.91%	5.91%	Unchanged
6	CARPENTER TECHNOLOGY CORP COM CRS	CRS	1,215,601	$194.0m4.11%	4.11%	Reduced -118.4k	-118,360 -8.9%
7	NU HLDGS LTD ORD SHS CL A NU	NU	13,940,959	$190.3m4.03%	4.03%	Reduced -7.6m	-7,583,948 -35.2%
8	TRANSDIGM GROUP INC COM TDG	TDG	115,474	$164.8m3.49%	3.49%	Reduced -15.7k	-15,700 -12.0%
9	BLUE OWL CAPITAL INC COM CL A OWL	OWL	4,030,000	$78.0m1.65%	1.65%	Unchanged
10	MARVELL TECHNOLOGY INC COM MRVL	MRVL	940,000	$67.8m1.43%	1.43%	Added +135.0k	+135,000 16.8%
11	GROUP 1 AUTOMOTIVE INC COM GPI	GPI	123,081	$47.1m1.00%	1.00%	Unchanged
12	DYNATRACE INC COM NEW DT	DT	854,160	$45.7m0.97%	0.97%	Reduced -775.0k	-775,000 -47.6%
13	LITHIA MTRS INC COM LAD	LAD	142,000	$45.1m0.95%	0.95%	Unchanged
14	ASBURY AUTOMOTIVE GROUP INC COM ABG	ABG	135,758	$32.4m0.69%	0.69%	Unchanged
15	NCS MULTISTAGE HLDGS INC COM NEW NCSM	NCSM	1,478,426	$29.2m0.62%	0.62%	Unchanged
16	ELASTIC N V ORD SHS ESTC	ESTC	365,716	$28.1m0.59%	0.59%	Added +130.0k	+130,000 55.1%
17	GFL ENVIRONMENTAL INC SUB VTG SHS GFL	GFL	388,331	$15.5m0.33%	0.33%	Reduced -664.9k	-664,907 -63.1%
18	ATI PHYSICAL THERAPY INC COM CL A ATIP	ATIP	2,316,613	$14.1m0.30%	0.30%	Unchanged
19	MONGODB INC CL A MDB	MDB	36,000	$9.7m0.21%	0.21%	New
20	WORKDAY INC CL A WDAY	WDAY	24,500	$6.0m0.13%	0.13%	Unchanged
21	INTUIT COM INTU	INTU	3,643	$2.3m0.05%	0.05%	Unchanged
22	RAPID MICRO BIOSYSTEMS INC CLASS A COM RPID	RPID	577,777	$514.2k0.01%	0.01%	Unchanged

Sold out since Q2 2024

Security	Ticker	Shares held before	Value then
FIVE BELOW INC FIVE	FIVE	343,306	$37.4m343.3k shares
GE AEROSPACE GE	GE	12,000	$1.9m12.0k 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 Q3 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
2024-07-01	CCC INTELLIGENT SOLUTIONS HL Director · See Notes	CCC	Sold	24,973,795	$282.2m25.0m shares	-42%