Lexington Partners L.P.'s Q3 and Q4 2022 13F Holdings Comparison: Analyzing Changes in Their Portfolio

Investing in funds can be a great way to diversify your portfolio and achieve long-term financial goals. One such fund is Lexington Partners L.P., a private equity firm that manages funds focused on secondary market transactions. In this blog post, we will analyze their Q3 2022 and Q4 2022 13F holdings comparison and highlight the changes in their holdings.

The report shows that Lexington Partners L.P. held six companies in both Q3 2022 and Q4 2022. The first company listed is Keurig Dr Pepper Inc (KDP). The fund held 3,001,248 shares in both quarters, with a value of $107,505 in Q3 2022 and slightly lower at $107,024 in Q4 2022, representing a 0.4% decrease in value.

The second company is Dun & Bradstreet Hldgs Inc (DNB), in which the fund held the same number of shares in both quarters (2,679,211). The value of their holdings decreased from $33,195 in Q3 2022 to $32,847 in Q4 2022, representing a 1% decrease in value.

N-able Inc (NABL) is the third company on the list. The fund held 1,239,867 shares in both quarters. However, the value of their holdings increased from $11,444 in Q3 2022 to $12,745 in Q4 2022, representing an 11.4% increase in value.

SolarWinds Corp (SWI) is the fourth company, with the fund holding 1,239,867 shares in both quarters. The value of their holdings increased from $9,609 in Q3 2022 to $11,605 in Q4 2022, representing an increase in value of 20.8%.

Krispy Kreme Inc (DNUT) is the fifth company, with the fund holding 1,087,353 shares in both quarters. However, the value of their holdings decreased from $12,537 in Q3 2022 to $11,221 in Q4 2022, representing a decrease in value of 10.5%.

Finally, Compass Inc (COMP) is the last company on the list, with the fund holding 1,951,155 shares in both quarters. The value of their holdings increased slightly from $4,527 in Q3 2022 to $4,546 in Q4 2022, representing a 0.4% increase in value.

One interesting thing to note is that the fund sold its entire stake in Doximity Inc (DOCS) in Q4 2022, where they held 132,727 shares worth $4,011 in Q3 2022. This represents a 100% decrease in both shares held and value.

In summary, the report shows that Lexington Partners L.P maintained a fairly stable portfolio, only making minor adjustments in Q4 2022 compared to Q3 2022. While some holdings decreased in value, others increased, demonstrating their ability to balance their holdings and manage their investments effectively. Additionally, the sale of the entire stake in Doximity Inc suggests that the fund may have identified a better opportunity to allocate their capital, or that they lost confidence in the stock's performance.

As with any investment, it's important to conduct thorough research and seek advice from a professional before making any investment decisions. However, analyzing fund holdings can provide valuable insights into successful investing strategies and highlight potential opportunities for individual investors.