SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Leonard Green & Partners, L.P.

CIK 0001175523 · 11111 SANTA MONICA BLVD, STE 2000, LOS ANGELES, CA, 90025 · 213-229-7512

Reported Value
$7.2B
Q4 2020
Positions
33
Filings on Record
30
2019–present window
Filed
Feb 16, 2021
original filing

Summary

Leonard Green & Partners, L.P. reported $7.2B in U.S.-listed holdings across 33 positions for Q4 2020.

The portfolio is heavily concentrated: Clarivate alone accounts for 47.6% of reported value.

Compared with Q3 2020, the fund opened 18 new positions and exited 12.

Portfolio Metrics

Turnover
+19.8%
vs prior filed quarter
Top-10 Concentration
+76.0%
share of reported value
Largest Position
+47.6%
Clarivate
New / Exited
18 / 12
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $978MQ4 ’18Q1 ’19: $1.1BQ2 ’19: $643MQ3 ’19: $417MQ4 ’19: $400MQ4 ’19Q1 ’20: $609MQ2 ’20: $536MQ3 ’20: $1.9BQ4 ’20: $7.2BQ4 ’20Q1 ’21: $7.8BQ2 ’21: $12.5BQ3 ’21: $12.9BQ4 ’21: $13.3BQ4 ’21Q1 ’22: $14.5BQ2 ’22: $7.0BQ3 ’22: $5.6BQ4 ’22: $5.3BQ4 ’22Q1 ’23: $5.7BQ2 ’23: $6.1BQ3 ’23: $4.9BQ4 ’23: $6.1BQ4 ’23Q1 ’24: $5.5BQ2 ’24: $4.7BQ3 ’24: $4.6BQ4 ’24: $4.1BQ4 ’24Q1 ’25: $4.1BQ2 ’25: $3.4BQ3 ’25: $2.6BQ4 ’25: $2.6BQ4 ’25Q1 ’26: $2.8Bfilingsflow.com

Portfolio Composition

By security type
Other: 50.6%Common Stock: 34.6%ETP: 14.4%Right: 0.1%ADR: 0.1%Other: 0.1%
  • Other · 50.6% · $3.7B
  • Common Stock · 34.6% · $2.5B
  • ETP · 14.4% · $1.0B
  • Right · 0.1% · $11M
  • ADR · 0.1% · $9M
  • Other · 0.1% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CLARIVATE PLCNEW+115.86M115.86M+$3.4B$3.4B
TAT&T INCNEW+18.30M18.30M+$526M$526M
ASLEAERSALE CORPORATIONNEW+26.05M26.05M+$349M$349M
MPLNUSDMULTIPLAN CORPORATIONNEW+38.45M38.45M+$307M$307M
XLFSELECT SECTOR SPDR TRNEW+7.50M7.50M+$221M$221M
ADVANTAGE SOLUTIONS INCNEW+15.45M15.45M+$203M$203M
XLESELECT SECTOR SPDR TRNEW+5.00M5.00M+$190M$190M
MSFTMICROSOFT CORPNEW+300.0K300.0K+$67M$67M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2020

28 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CLARIVATE PLCORD SHS47.59%$3.4B115.86M
2WCCWESCO INTL INChistory →COM6.19%$447M5.70M
3USFDUS FOODS HLDG CORPhistory →COM5.07%$366M11.00M
4ASLEAERSALE CORPORATIONhistory →COM4.83%$349M26.05M
5MPLNUSDMULTIPLAN CORPORATIONhistory →COM4.25%$307M38.45M
6ADVANTAGE SOLUTIONS INCCOM CL A2.81%$203M15.45M
7TCSUSDCONTAINER STORE GROUP INChistory →COM2.68%$194M20.33M
8CMDCANTEL MED CORPhistory →COM2.29%$166M2.10M
9BMY-RBRISTOL-MYERS SQUIBB COhistory →RIGHT 99/99/99990.15%$11M2.15M
10BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.13%$9M40.0K
11DISDISNEY WALT COCOM0.13%$9M50.0K
12SKTTANGER FACTORY OUTLET CTRS ICOM0.12%$9M900.0K
13UAUNDER ARMOUR INCCL C0.12%$9M600.0K
14GOOGALPHABET INCCAP STK CL C0.12%$9M5.0K
15TAT&T INCCOM0.12%$9M300.0K
16AXPAMERICAN EXPRESS COCOM0.12%$8M70.0K
17ABMABM INDS INCCOM0.10%$8M200.0K
18INMODE LTDSHS0.10%$7M150.0K
19PYPLPAYPAL HLDGS INCCOM0.10%$7M30.0K
20NUVAGBPNUVASIVE INCCOM0.08%$6M100.0K
21CELHCELSIUS HLDGS INCCOM NEW0.07%$5M100.0K
22SAMBOSTON BEER INCCL A0.07%$5M5.0K
23ABNBAIRBNB INCCOM CL A0.06%$4M30.0K
24YELPYELP INCCL A0.06%$4M130.0K
25NIELSEN HLDGS PLCSHS EUR0.06%$4M200.0K
26PLAYA HOTELS & RESORTS NVSHS0.06%$4M700.0K
27GDRXGOODRX HLDGS INCCOM CL A0.06%$4M100.0K
28GRPNGROUPON INCCOM NEW0.05%$4M100.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.8B6May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.6B7Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.6B8Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$3.4B8Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$4.1B8May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$4.1B9Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$4.6B12Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$4.7B12Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$5.5B11May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$6.1B12Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$4.9B12Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$6.1B10Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$5.7B10May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$5.3B11Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$5.6B11Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$7.0B11Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$14.5B55May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$13.3B39Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$12.9B38Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$12.5B40Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$7.8B43May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$7.2B33Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.9B28Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$536M25Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$609M20May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$400M33Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$417M25Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$643M17Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.1B21May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$978M23Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.