Q2 2026 13F · SEC CIK 1854440
Darlington Partners Capital Management, LP
Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $2.3B
- Reported positions
- 10
- Top holdings a year, 3 yrs
- +6.0%
- Assets under management
- $3.3B
Darlington Partners Capital Management, LP is a hedge fund that reported 10 positions worth $2.3B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Tpg Inc (TPG, 16.1%), Shift4 Pmts Inc (FOUR, 15.4%), Lpl Financial Holdings Inc (LPLA, 12.3%). A portfolio copying its top holdings returned 6.0% a year over the last 3 years, against 20.4% for the S&P 500.
Darlington Partners Capital Management, LP holdings all 10 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| TPGTpg Inc | 16.1% | +0.0% | $364.9M |
| FOURShift4 Pmts Inc | 15.4% | +8.9% | $348.4M |
| LPLALpl Financial Holdings Inc | 12.3% | +11.2% | $279.7M |
| TKOTko Group Holdings Inc | 12.0% | +0.0% | $271.8M |
| CRMSalesforce Inc Com | 10.8% | +0.0% | $244.7M |
| GLBEGlobal E Online Ltd | 10.7% | +0.0% | $241.8M |
| WMGWarner Music Group Corp Class A | 8.0% | -11.2% | $181.5M |
| FUNSix Flags Entertainment Corp | 7.2% | -11.5% | $164.0M |
| ACELAccel Entertainment Inc | 4.5% | +0.0% | $102.1M |
| LINELineage Inc REIT | 2.9% | -44.6% | $66.3M |
What Darlington Partners Capital Management, LP bought and sold in Q2 2026, against Q1 2026.
New positions
No new positions among the largest holdings.
Added to
- LPLA Lpl Financial Holdings Inc+11.2% shares
- FOUR Shift4 Pmts Inc+8.9% shares
Reduced
- LINE Lineage Inc REIT-44.6% shares
- FUN Six Flags Entertainment Corp-11.5% shares
- WMG Warner Music Group Corp Class A-11.2% shares
Sold out
Nothing sold out.
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- -8.9% /yr
- S&P 500 +20.1%
- 3 years
- +6.0% /yr
- S&P 500 +20.4%
- 5 years
- +6.7% /yr
- S&P 500 +15.8%
A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $2.3B | 10 |
| Q1 2026 | $2.2B | 10 |
| Q4 2025 | $2.5B | 14 |
| Q3 2025 | $3.0B | 14 |
| Q2 2025 | $3.1B | 14 |
| Q1 2025 | $3.0B | 14 |
| Q4 2024 | $2.7B | 14 |
| Q3 2024 | $2.5B | 13 |
| Q2 2024 | $2.0B | 11 |
| Q1 2024 | $1.7B | 13 |
| Q4 2023 | $1.7B | 16 |
| Q3 2023 | $1.6B | 15 |
Questions about Darlington Partners Capital Management, LP's portfolio
What stocks does Darlington Partners Capital Management, LP own?
Darlington Partners Capital Management, LP's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 10 positions worth $2.3B. The largest are Tpg Inc (TPG) at 16.1%, Shift4 Pmts Inc (FOUR) at 15.4%, Lpl Financial Holdings Inc (LPLA) at 12.3%, Tko Group Holdings Inc (TKO) at 12.0% and Salesforce Inc Com (CRM) at 10.8%.
What did Darlington Partners Capital Management, LP buy last quarter?
In Q2 2026, Darlington Partners Capital Management, LP added Lpl Financial Holdings Inc (LPLA) (+11.2% shares) and Shift4 Pmts Inc (FOUR) (+8.9% shares), compared with its Q1 2026 filing.
What did Darlington Partners Capital Management, LP sell last quarter?
In Q2 2026, Darlington Partners Capital Management, LP Lineage Inc REIT (LINE) (-44.6% shares), Six Flags Entertainment Corp (FUN) (-11.5% shares) and Warner Music Group Corp Class A (WMG) (-11.2% shares), compared with its Q1 2026 filing.
How has Darlington Partners Capital Management, LP's portfolio performed?
A portfolio copying Darlington Partners Capital Management, LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +6.0% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: -8.9% against +20.1%. Over 5 years: +6.7% a year against +15.8%.
When is Darlington Partners Capital Management, LP's next 13F filing due?
13F filings are due 45 days after each quarter ends. Darlington Partners Capital Management, LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Darlington Partners Capital Management, LP manage?
Darlington Partners Capital Management, LP reported $3.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.3B.