SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Francisco Partners Management, LP

CIK 0001197853 · ONE LETTERMAN DRIVE, BUILDING C, SUITE 410, SAN FRANCISCO, CA, 94129 · 415-418-2900

Reported Value
$997M
Q3 2023
Positions
8
Filings on Record
31
2019–present window
Filed
Nov 14, 2023
original filing

Summary

Francisco Partners Management, LP reported $997M in U.S.-listed holdings across 8 positions for Q3 2023.

The portfolio is heavily concentrated: GDRX alone accounts for 47.8% of reported value.

The book was largely unchanged from Q2 2023.

Portfolio Metrics

Turnover
+1.2%
vs prior filed quarter
Largest Position
+47.8%
Goodrx

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: $18MQ4 ’18Q1 ’19: $21MQ2 ’19: $20MQ3 ’19: $17MQ4 ’19: $204MQ4 ’19Q1 ’20: $181MQ2 ’20: $23MQ4 ’20: $3.4BQ1 ’21: $3.6BQ1 ’21Q2 ’21: $4.4BQ3 ’21: $4.9BQ4 ’21: $3.8BQ1 ’22: $2.5BQ1 ’22Q2 ’22: $1.2BQ3 ’22: $927MQ4 ’22: $894MQ1 ’23: $1.1BQ1 ’23Q2 ’23: $1.1BQ3 ’23: $997MQ4 ’23: $1.1BQ1 ’24: $1.1BQ1 ’24Q2 ’24: $1.1BQ3 ’24: $1.1BQ4 ’24: $861MQ1 ’25: $623MQ1 ’25Q2 ’25: $719MQ3 ’25: $573MQ4 ’25: $461MQ1 ’26: $292MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 97.5%Other: 2.5%
  • Common Stock · 97.5% · $972M
  • Other · 2.5% · $25M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NSHEURSpire Global IncTRIMMED−2.16M308.6K+$225,247$2M
ETWOGBPE2Open Parent Holdings IncHELD+11.5K38.70M−$41M$176M
LZLegalZoom Com IncHELD+028.63M−$33M$313M
MVLAMovella Holdings IncHELD+08.50M−$14M$5M
GDRXGoodRx Hldgs IncHELD+084.70M+$9M$477M
Paysafe LimitedHELD+01.72M+$3M$21M
Terran Orbital CorporationHELD+04.84M−$3M$4M
Satixfy Communications LtdHELD+0836.4K+$92,005$443,297

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

Holdings — Q3 2023

8 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GDRXGoodRx Hldgs Inchistory →COM CL A47.83%$477M84.70M
2LZLegalZoom Com Inchistory →COM31.41%$313M28.63M
3ETWOGBPE2Open Parent Holdings Inchistory →COM CL A17.62%$176M38.70M
4Paysafe LimitedSHS2.07%$21M1.72M
5MVLAMovella Holdings IncCOM0.46%$5M8.50M
6Terran Orbital CorporationCOM0.40%$4M4.84M
7NSHEURSpire Global IncCOM CL A0.15%$2M308.6K
8Satixfy Communications LtdORD SHS0.04%$443,297836.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$292M3May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$461M3Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$573M3Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$719M5Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$623M5May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$861M6Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.1B8Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.1B8Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.1B8May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.1B8Feb 16, 202413F-HRchanges · EDGAR ↗
Q3 2023$997M8Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.1B8Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.1B9May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$894M8Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$927M7Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.2B7Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.5B7May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.8B5Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.9B5Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$4.4B3Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$3.6B2May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.4B1Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020Under review1Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$23M2Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$181M2May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$204M2Feb 18, 2020RESTATEMENTchanges · EDGAR ↗
Q3 2019$17M2Oct 17, 201913F-HRchanges · EDGAR ↗
Q2 2019$20M2Jul 11, 201913F-HRchanges · EDGAR ↗
Q1 2019$21M2May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$18M2Jan 25, 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 ↗.