1y return−13.5%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2025: $102 against $133 in the S&P 500.2
Carlyle Group Inc.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| MDLNMedline Inc | $7.4B | 73.8% | |
| SAROStandardaero Inc | $2.5B | 25.3% | |
| PHATPhathom Pharmaceuticals Inc | $37.9M | 0.4% | |
| INVHInvitation Homes Inc | $20.0M | 0.2% | |
| PONYPony Ai Inc | $16.4M | 0.2% | |
| GETYGetty Images Holdings Inc | $5.4M | 0.1% | |
| SPRBSpruce Biosciences Inc | $2.1M | 0.0% | |
| SPWRSunPower Inc | $1.6M | 0.0% | +441.1% |
| ACETAdicet Bio Inc | $1.6M | 0.0% | |
| FWRDForward Air Corp | $1.4M | 0.0% | |
| OKUROnkure Therapeutics Inc | $1.2M | 0.0% | |
| DNUTKrispy Kreme Inc | $1.2M | 0.0% | |
| QTTBQ32 Bio Inc | $769K | 0.0% | −94.5% |
| REPXRiley Exploration Permian In | $530K | 0.0% | New |
| Nebius Group N.V.CUSIP N97284108 | $510K | 0.0% | New |
| HOODRobinhood Mkts Inc | $475K | 0.0% | +40.2% |
| JSPRJasper Therapeutics Inc | $449K | 0.0% | |
| NABLN-able Inc | $344K | 0.0% | |
| METCRamaco Res Inc | $288K | 0.0% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| PHATPhathom Pharmaceuticals Inc | March 31, 2023 | +52.0% | $37.9M |
| SAROStandardaero Inc | December 31, 2024 | +20.8% | $2.5B |
| ACETAdicet Bio Inc | December 31, 2025 | +2.6% | $1.6M |
| INVHInvitation Homes Inc | March 31, 2023 | −3.3% | $20.0M |
| MDLNMedline Inc | December 31, 2025 | −6.1% | $7.4B |
| HOODRobinhood Mkts Inc | December 31, 2025 | −11.3% | $475K |
| FWRDForward Air Corp | June 30, 2025 | −44.9% | $1.4M |
| OKUROnkure Therapeutics Inc | December 31, 2024 | −47.0% | $1.2M |
| PONYPony Ai Inc | December 31, 2024 | −51.6% | $16.4M |
| SPWRSunPower Inc | September 30, 2023 | −66.6% | $1.6M |
Sold off last quarter
- CUBECubeSmart was $8.1M
- HTFLHeartflow Inc was $497K
- SYRESpyre Therapeutics Inc was $485K
- XCURExicure Inc was $240K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −5.6% | +14.8% |
| March 31, 2026 | +0.5% | −4.6% |
| December 31, 2025 | +4.8% | +2.4% |
| September 30, 2025 | −13.0% | +7.8% |
| June 30, 2025 | +18.0% | +10.5% |
| December 31, 2024 | −10.1% | +2.1% |
| September 30, 2024 | +27.6% | +5.4% |
| June 30, 2024 | −19.6% | +4.0% |
| March 31, 2024 | −19.0% | +10.0% |
| December 31, 2023 | +6.4% | +11.2% |
| September 30, 2023 | −19.5% | −3.6% |
| June 30, 2023 | +3.3% | +8.3% |
| March 31, 2023 | −4.1% | +7.0% |
| December 31, 2022 | −7.8% | +7.1% |
| June 30, 2022 | −21.8% | −16.5% |
| March 31, 2022 | −11.9% | −4.9% |
| September 30, 2021 | +0.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Carlyle Group Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1527166&type=13F-HR&dateb=&owner=include&count=40CIK 1527166
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1527166/000089843226000602/Filed August 7, 2026 · accession 0000898432-26-000602