We are live on ! Find out more
TB

Thoma Bravo Portfolio holdings

AUM $6.65B
1-Year Est. Return 29.42%
This Fund
S&P 500
This Quarter Est. Return
+20.23%
1 Year Est. Return
-29.42%
3 Year Est. Return
-12.69%
5 Year Est. Return
-9.56%
10 Year Est. Return
–
AUM
$12B
AUM Growth
-$2.6B
Cap. Flow
-$4.56B
Cap. Flow %
-38.14%
Top 10 Hldgs %
100%
Holding
7
New
–
Increased
–
Reduced
–
Closed
3

Top Buys

No buys this quarter

Top Sells

Rank Stock Value
1
NDAQ icon
Nasdaq
NDAQ
+$3.25B
2
SWI
SolarWinds Corporation Common Stock
SWI
+$927M
3
CYBR
CyberArk
CYBR
+$386M

Sector Composition

Rank Sector Weight
1 Technology 100%
2 Financials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SAIL
1
SailPoint Inc
SAIL
$8.92B
$11B 91.75%
479,842,514
– –
MLNK
2
DELISTED
MeridianLink
MLNK
$470M 3.93%
28,932,388
– –
NABL icon
3
N-able
NABL
$838M
$406M 3.39%
50,090,643
– –
TTAN
4
ServiceTitan Inc
TTAN
$7.71B
$111M 0.93%
1,039,099
– –
CYBR
5
DELISTED
CyberArk
CYBR
– –
-1,142,538
Closed -$386M
NDAQ icon
6
Nasdaq
NDAQ
$53.6B
– –
-42,804,207
Closed -$3.25B
SWI
7
DELISTED
SolarWinds Corporation Common Stock
SWI
– –
-50,090,648
Closed -$927M

Similar funds

AG
Algert Global San Francisco, California $6.65B AUM 53.68% 1-Year Est. Return
MIP
Mondrian Investment Partners London, United Kingdom $6.69B AUM
CI
Cincinnati Insurance Fairfield, Ohio $6.62B AUM 18.42% 1-Year Est. Return
AACR
ACR Alpine Capital Research St. Louis, Missouri $6.7B AUM 33.44% 1-Year Est. Return
MSE
MUFG Securities EMEA London, United Kingdom $6.7B AUM 32.3% 1-Year Est. Return
NMIMC
Northwestern Mutual Investment Management Company Milwaukee, Wisconsin $6.6B AUM 19.75% 1-Year Est. Return
FLPIM
F.L. Putnam Investment Management Lynnfield, Massachusetts $6.71B AUM 23.99% 1-Year Est. Return
BHM
Briar Hall Management Nashville, Tennessee $6.72B AUM 4.95% 1-Year Est. Return

Thoma Bravo's Q2 2025 Portfolio in Review

As of Q2 2025, Thoma Bravo held 7 positions worth $12B, down 18% from $14.6B the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Thoma Bravo withdrew a net $4.56B in Q2 2025, closing 3 positions. Its most notable exit was Nasdaq, an estimated $3.25B position sold in full.

By sector, the portfolio is most concentrated in Technology at 100% of assets, up from 78% a quarter earlier, followed by Financials.

  • Thoma Bravo fully exited Nasdaq in Q2 2025, selling an estimated $3.25B.
  • Thoma Bravo's ten largest holdings make up 100% of its $12B portfolio in Q2 2025.
  • Thoma Bravo opened 0 new positions and closed 3 in Q2 2025.
  • Thoma Bravo's portfolio value fell 18% quarter-over-quarter to $12B.

Based on Thoma Bravo's 13F filing for Q2 2025, filed 4 Aug 2025.