SEC 13F Intelligence

Managers / Q3 2025 · view latest →

WINDACRE PARTNERSHIP LLC

CIK 0001599383 · 2200 POST OAK BOULEVARD, SUITE 1580, HOUSTON, TX, 77056 · 713-623-7700

Reported Value
$8.0B
Q3 2025
Positions
11
Filings on Record
32
2019–present window
Filed
Nov 14, 2025
original filing

Summary

Windacre Partnership LLC reported $8.0B in U.S.-listed holdings across 11 positions for Q3 2025.

Its largest position, FNF, represents 14.3% of the portfolio.

Compared with Q2 2025, the fund opened 0 new positions and exited 1.

Portfolio Metrics

Turnover
+13.2%
vs prior filed quarter
Top-10 Concentration
+94.1%
share of reported value
Largest Position
+14.3%
Fidelity National Financial

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: $1.7BQ4 ’18Q1 ’19: $1.8BQ2 ’19: $2.1BQ3 ’19: $2.0BQ4 ’19: $1.9BQ4 ’19Q1 ’20: $2.2BQ2 ’20: $3.2BQ3 ’20: $3.3BQ4 ’20: $3.8BQ4 ’20Q1 ’21: $4.0BQ2 ’21: $4.5BQ3 ’21: $4.5BQ4 ’21: $4.5BQ4 ’21Q1 ’22: $4.8BQ2 ’22: $4.8BQ3 ’22: $6.0BQ4 ’22: $4.1BQ4 ’22Q1 ’23: $4.7BQ2 ’23: $5.2BQ3 ’23: $5.2BQ4 ’23: $6.6BQ4 ’23Q1 ’24: $7.3BQ2 ’24: $7.6BQ3 ’24: $7.5BQ4 ’24: $6.8BQ4 ’24Q1 ’25: $6.7BQ2 ’25: $7.3BQ3 ’25: $8.0BQ4 ’25: $9.3BQ4 ’25Q1 ’26: $9.3Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 82.2%ADR: 17.8%
  • Common Stock · 82.2% · $6.6B
  • ADR · 17.8% · $1.4B

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SAPSAP SEADDED+1.34M2.36M+$319M$630M
ASML HOLDING N VSOLD OUT−539.7K0−$433M$0
FNFFIDELITY NATIONAL FINANCIALADDED+4.48M18.91M+$335M$1.1B
NVDANVIDIA CORPORATIONTRIMMED−1.08M2.53M−$98M$472M
AMZNAMAZON COM INCTRIMMED−910.9K3.50M−$199M$769M
TPDSOMNIGROUP INTERNATIONAL INCADDED+1.58M9.37M+$260M$791M
DUTMOODYS CORPADDED+181.3K1.16M+$62M$555M
T7DTRANSDIGM GROUP INCTRIMMED−100.2K612.5K−$276M$807M

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

Holdings — Q3 2025

11 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FNFFIDELITY NATIONAL FINANCIALhistory →COM SHS14.31%$1.1B18.91M
2T7DTRANSDIGM GROUP INChistory →COM10.10%$807M612.5K
3TPDSOMNIGROUP INTERNATIONAL INChistory →COM9.89%$791M9.37M
4TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS9.88%$790M2.83M
5EXPEEXPEDIA GROUP INChistory →COM NEW9.85%$787M3.68M
6AMZNAMAZON COM INChistory →COM9.62%$769M3.50M
7GOOGLALPHABET INChistory →CAP STK CL A9.52%$761M3.13M
8SAPSAP SEhistory →SPON ADR7.88%$630M2.36M
9DUTMOODYS CORPhistory →COM6.94%$555M1.16M
10PRMPERIMETER SOLUTIONS INChistory →COMMON STOCK6.12%$489M21.85M
11NVDANVIDIA CORPORATIONhistory →COM5.90%$472M2.53M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$9.3B11May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$9.3B13Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$8.0B11Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$7.3B12Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$6.7B13May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$6.8B12Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$7.5B12Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$7.6B12Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$7.3B13May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$6.6B13Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$5.2B13Nov 16, 2023RESTATEMENTchanges · EDGAR ↗
Q2 2023$5.2B13Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$4.7B11May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$4.1B13Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$6.0B12Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$4.8B9Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$4.8B10May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.5B10Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.5B11Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$4.5B9Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$4.0B9May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.8B10Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.3B11Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$3.2B9Aug 17, 2020RESTATEMENTchanges · EDGAR ↗
Q1 2020$2.2B7May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.9B7Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$2.0B7Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.1B6Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.8B6May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.7B7Feb 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 ↗.