Managers / Q2 2022 · view latest →
Francisco Partners Management, LP
CIK 0001197853 · ONE LETTERMAN DRIVE, BUILDING C, SUITE 410, SAN FRANCISCO, CA, 94129 · 415-418-2900
Summary
Francisco Partners Management, LP reported $1.2B in U.S.-listed holdings across 7 positions for Q2 2022.
The portfolio is heavily concentrated: GDRX alone accounts for 41.9% of reported value.
The book was largely unchanged from Q1 2022.
Portfolio Metrics
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 94.6% · $1.1B
- Other · 5.4% · $64M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| GDRXGoodRx Hldgs Inc | HELD | +0 | 84.70M | −$1.1B | $501M |
| LZLegalZoom Com Inc | HELD | +0 | 28.63M | −$90M | $315M |
| E2Open Parent Holdings Inc | HELD | +0 | 38.69M | −$40M | $301M |
| Paysafe Limited | HELD | +0 | 20.65M | −$30M | $40M |
| Terran Orbital Corporation | HELD | +0 | 5.25M | −$12M | $24M |
| TNETTrinet Group Inc | HELD | +0 | 152.0K | −$3M | $12M |
| Spire Global Inc | HELD | +0 | 2.47M | −$2M | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | GDRXGoodRx Hldgs Inchistory → | COM | 41.93% | $501M | 84.70M |
| 2 | LZLegalZoom Com Inchistory → | COM | 26.30% | $315M | 28.63M |
| 3 | E2Open Parent Holdings Inc | COM | 25.17% | $301M | 38.69M |
| 4 | Paysafe Limited | COM | 3.37% | $40M | 20.65M |
| 5 | Terran Orbital Corporation | COM | 2.01% | $24M | 5.25M |
| 6 | TNETTrinet Group Inchistory → | COM | 0.99% | $12M | 152.0K |
| 7 | Spire Global Inc | COM | 0.24% | $3M | 2.47M |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $292M | 3 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $461M | 3 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $573M | 3 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $719M | 5 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $623M | 5 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $861M | 6 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $1.1B | 8 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $1.1B | 8 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $1.1B | 8 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $1.1B | 8 | Feb 16, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $997M | 8 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $1.1B | 8 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $1.1B | 9 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $894M | 8 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $927M | 7 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $1.2B | 7 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $2.5B | 7 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $3.8B | 5 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $4.9B | 5 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $4.4B | 3 | Aug 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $3.6B | 2 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $3.4B | 1 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | Under review | 1 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $23M | 2 | Aug 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $181M | 2 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $204M | 2 | Feb 18, 2020 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2019 | $17M | 2 | Oct 17, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $20M | 2 | Jul 11, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $21M | 2 | May 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $18M | 2 | Jan 25, 2019 | 13F-HR | changes · 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 ↗.