1y return−20.5%S&P 500 +20.9%
3y return+11.5%S&P 500 +68.5%
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 December 31, 2021: $117 against $157 in the S&P 500.2
Darlington Partners Capital Management, LPS&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 |
|---|---|---|---|
| TPGTpg Inc | $364.9M | 16.1% | |
| FOURShift4 Pmts Inc | $348.4M | 15.4% | +8.9% |
| LPLALpl Finl Hldgs Inc | $279.7M | 12.3% | +11.2% |
| TKOTko Group Holdings Inc | $271.8M | 12.0% | |
| CRMSalesforce Inc | $244.7M | 10.8% | |
| Global E Online LtdCUSIP M5216V106 | $241.8M | 10.7% | |
| WMGWarner Music Group Corp | $181.5M | 8.0% | −11.2% |
| FUNSix Flags Entertainment Corp | $164.0M | 7.2% | −11.5% |
| ACELAccel Entertainment Inc | $102.1M | 4.5% | |
| LINELineage Inc | $66.3M | 2.9% | −44.6% |
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 |
|---|---|---|---|
| TKOTko Group Holdings Inc | September 30, 2023 | +139.5% | $271.8M |
| LPLALpl Finl Hldgs Inc | December 31, 2021 | +75.9% | $279.7M |
| ACELAccel Entertainment Inc | December 31, 2021 | −3.1% | $102.1M |
| Global E Online LtdCUSIP M5216V106 | December 31, 2025 | −11.7% | $241.8M |
| CRMSalesforce Inc | March 31, 2023 | −21.6% | $244.7M |
| TPGTpg Inc | June 30, 2025 | −22.7% | $364.9M |
| LINELineage Inc | December 31, 2024 | −26.2% | $66.3M |
| WMGWarner Music Group Corp | December 31, 2021 | −37.3% | $181.5M |
| FOURShift4 Pmts Inc | September 30, 2024 | −45.1% | $348.4M |
| FUNSix Flags Entertainment Corp | December 31, 2024 | −55.8% | $164.0M |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +3.6% | +14.8% |
| March 31, 2026 | −16.1% | −4.6% |
| December 31, 2025 | −4.9% | +2.4% |
| September 30, 2025 | −3.9% | +7.8% |
| June 30, 2025 | +4.8% | +10.5% |
| March 31, 2025 | −4.9% | −4.6% |
| December 31, 2024 | +10.9% | +2.1% |
| September 30, 2024 | +6.0% | +5.4% |
| June 30, 2024 | +3.1% | +4.0% |
| March 31, 2024 | +1.3% | +10.0% |
| December 31, 2023 | +11.1% | +11.2% |
| September 30, 2023 | +3.2% | −3.6% |
| June 30, 2023 | +5.0% | +8.3% |
| March 31, 2023 | +11.4% | +7.0% |
| December 31, 2022 | +5.0% | +7.1% |
| September 30, 2022 | −0.8% | −5.3% |
| June 30, 2022 | −14.2% | −16.5% |
| March 31, 2022 | +0.1% | −4.9% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Darlington Partners Capital Management, LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1854440&type=13F-HR&dateb=&owner=include&count=40CIK 1854440
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1854440/000185444026000004/Filed August 14, 2026 · accession 0001854440-26-000004