GTCR LLC

Fundamental diversified ★Signal services_media specialist (78%) CIK 1576350
Long book
$3.78B
Q1 2026
Positions
6
Top-10 weight
100%
concentration
Last quarter
+18.4%
SPY +14.8%
Turnover
33%
of book per quarter

Strategy in plain words

auto-generated from filings

GTCR LLC is a diversified fundamental manager, specialised in services_media (78% of the long book), running a $3.78B US long book across 6 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: GLOBAL PAYMENTS INC, ARTHUR J GALLAGHER & CO, SOTERA HEALTH CO, GOGO INC, MARAVAI LIFESCIENCES HLDGS-A.

Over the last 9 quarters its long book ran on average 1.6pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-1.2%
Q2 2024
+20.8%
Q3 2024
-9.4%
Q4 2024
-14.2%
Q1 2025
+19.0%
Q2 2025
+10.1%
Q3 2025
-0.5%
Q4 2025
-17.2%
Q1 2026
+18.4%

Sector allocation

Services media
78%
Financials
14%
Healthcare
6%
Communications
2%

Long book by quarter

$1.18B
Q1 2024
$1.20B
Q2 2024
$1.28B
Q3 2024
$1.04B
Q4 2024
$892.0M
Q1 2025
$937.0M
Q2 2025
$905.8M
Q3 2025
$602.0M
Q4 2025
$3.78B
Q1 2026

What does GTCR LLC own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GPN GLOBAL PAYMENTS INCServices media43.3M$2.91B77.0%New
AJG ARTHUR J GALLAGHER & COFinancials2.4M$514.1M13.6%New
SHC SOTERA HEALTH COHealthcare12.7M$182.6M4.8%-44.0%
GOGO GOGO INCCommunications23.2M$93.4M2.5%Held
MRVI MARAVAI LIFESCIENCES HLDGS-AHealthcare20.2M$57.0M1.5%Held
SEAT VIVID SEATS INC - CLASS AServices media3.8M$22.3M0.6%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20266$3.78B canonicalSEC ↗
Q4 202513F-HRFeb 17, 20264$602.0M canonicalSEC ↗
Q3 202513F-HRNov 13, 20253$905.8M canonicalSEC ↗
Q2 202513F-HRAug 14, 20253$937.0M canonicalSEC ↗
Q1 202513F-HRMay 14, 20253$892.0M canonicalSEC ↗
Q4 202413F-HRFeb 14, 20253$1.04B canonicalSEC ↗
Q3 202413F-HRNov 13, 20244$1.28B canonicalSEC ↗
Q2 202413F-HR/ANEW HOLDINGSAug 13, 20241$47.3M canonicalSEC ↗
Q2 202413F-HRAug 9, 20243$1.15B canonicalSEC ↗
Q1 202413F-HRMay 14, 20243$1.18B canonicalSEC ↗