Select Equity Group, L.P.

Comprehensive Analysis of Select Equity Group, L.P. 13F Filing (Q3 2025)

1. Portfolio Overview

Select Equity Group, L.P. reported a significant contraction in portfolio value during the third quarter of 2025, with total assets under management (AUM) dropping by 51.1%, from $23.86 billion to $11.66 billion. This drastic reduction suggests a combination of realized losses, significant distributions to investors, or a major strategic pivot toward a more concentrated cash position. The fund cu...