DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP
CIK 1854440 · View on SEC EDGAR ↗
- Portfolio value
- $2.3B
- Positions
- 10
- As of
- June 30, 2026
Portfolio value QoQ: +1.8% 13F does not disclose cash
- Top 10 holdings weight
- 100.00%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 10
- Effective number of positions
- 8.6
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 2.52% Est. buys $56,638,694 · sells $97,650,435
Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 55.6% still held
- New positions
- 0
- Increased
- 2
- Decreased
- 3
- Closed
- 4
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: -13.2% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 96.7% · Options excluded: 0.0%
Sector breakdown
Full portfolio 10 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| TPG TPG Inc. - Class A Common Stock | $364,950,000 | 16.11% | 9,000,000 | $360,000 | |||
| FOUR Shift4 Payments, Inc. Class A Common Stock | $348,352,092 | 15.38% | 7,161,844 | $60,761,353 | Up ×6 | ||
| LPLA LPL Financial Holdings Inc. - Common Stock | $279,709,930 | 12.35% | 993,006 | $11,066,935 | Up ×2 | ||
| TKO TKO Group Holdings, Inc. Class A Common Stock | $271,842,381 | 12.00% | 1,350,367 | $-459,125 | |||
| CRM Salesforce, Inc. Common Stock | $244,679,734 | 10.80% | 1,561,852 | $-46,871,179 | |||
| GLBE Global-E Online Ltd. - ordinary shares | $241,784,009 | 10.67% | 6,961,820 | $27,011,862 | |||
| WMG Warner Music Group Corp. - Class A Common Stock | $181,528,280 | 8.01% | 6,705,884 | $-11,346,837 | Down ×1 | ||
| FUN Six Flags Entertainment Corporation Common Stock New | $164,010,000 | 7.24% | 7,700,000 | $9,585,000 | Down ×1 | ||
| ACEL Accel Entertainment, Inc. | $102,120,181 | 4.51% | 8,098,349 | $13,767,193 | |||
| LINE Lineage, Inc. - Common Stock | $66,338,710 | 2.93% | 1,533,843 | $-24,395,450 | Down ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| FOUR | $348,352,092 | 15.38% | up ×6 |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| FOUR | Bought more | +585K | +$60.8M |
| CRM | Price move only | +0 | -$46.9M |
| GLBE | Price move only | +0 | +$27.0M |
| LINE | Trimmed | -1.2M | -$24.4M |
| ACEL | Price move only | +0 | +$13.8M |
| WMG | Trimmed | -846K | -$11.3M |
| LPLA | Bought more | +100K | +$11.1M |
| FUN | Trimmed | -1.0M | +$9.6M |
| TKO | Price move only | +0 | -$459K |
| TPG | Price move only | +0 | +$360K |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| MLNK | Dec. 31, 2025 | 6,558,899 | $130,718,857 | No longer tracked |
| LNG | March 31, 2026 | 530,815 | $103,185,128 | -1.5% |
| FWONK | March 31, 2026 | 959,329 | $94,503,500 | 22.9% |
| BX | March 31, 2026 | 599,227 | $92,364,850 | 24.6% |
| COLD | March 31, 2025 | 4,112,511 | $88,007,735 | -29.5% |
| OS | March 31, 2026 | 3,839,405 | $70,568,264 | No longer tracked |
| AACT | June 30, 2025 | 1,500,000 | $16,725,000 | No longer tracked |
| AACTU | March 31, 2025 | 1,500,000 | $16,635,000 | No longer tracked |