Carlyle Group Reveals Q4 2023 Holdings: Big Bets on Getty, GDS

TL;DR

**Carlyle's Q4 2023 13F shows major stakes in Getty Images and GDS Holdings, signaling confidence in tech and media.**

AI Summary

Carlyle Group Inc. filed its 13F-HR on February 2, 2024, detailing its holdings as of December 31, 2023. The filing reveals significant positions in companies like Getty Images Holdings Inc. Class A, with 9,394,319 shares valued at $49,320,175, and GDS Holdings Ltd. Sponsored Ads, with 4,072,624 shares valued at $37,142,334. This matters to investors because it provides transparency into Carlyle's investment strategy and its confidence in specific sectors, particularly life sciences and technology, which could influence market sentiment for these holdings.

Why It Matters

This filing offers a glimpse into Carlyle Group's investment strategy, showing where they're allocating capital and potentially signaling their outlook on various industries. Investors can use this information to understand the firm's conviction in certain stocks and sectors.

Risk Assessment

Risk Level: medium — The risk is medium because while the filing shows current holdings, it doesn't reveal real-time changes or the full scope of Carlyle's private equity investments.

Analyst Insight

Investors should review Carlyle's disclosed holdings to identify companies that a major institutional investor finds attractive, particularly in the life sciences and technology sectors, and consider these insights when evaluating their own portfolios.

Key Numbers

• $49,320,175 — Value of Getty Images Holdings Inc. Class A shares (Represents Carlyle's largest reported public equity holding by value as of December 31, 2023.)
• 9,394,319 — Number of Getty Images Holdings Inc. Class A shares (Indicates a substantial stake in the company.)
• $37,142,334 — Value of GDS Holdings Ltd. Sponsored Ads shares (Represents another significant public equity holding by value as of December 31, 2023.)
• 4,072,624 — Number of GDS Holdings Ltd. Sponsored Ads shares (Indicates a notable position in the data center operator.)
• 20231231 — Conformed Period of Report (The date for which the reported holdings are accurate.)

Key Players & Entities

• Carlyle Group Inc. (company) — filer of the 13F-HR
• Jeffrey W. Ferguson (person) — General Counsel for Carlyle Group Inc.
• AlpInvest Partners B.V. (company) — indirectly wholly owned investment adviser of The Carlyle Group Inc.
• Abingworth group (company) — life sciences investment firm acquired by Carlyle Group Inc. in August 2022
• Getty Images Holdings Inc. Cl A Com (company) — a significant holding in Carlyle's portfolio
• GDS Hldgs Ltd Sponsored Ads (company) — a significant holding in Carlyle's portfolio

Forward-Looking Statements

• Carlyle Group will continue to expand its life sciences portfolio, leveraging its 2022 acquisition of Abingworth. (Carlyle Group Inc.) — medium confidence, target: 2024-12-31
• Carlyle's significant stake in Getty Images Holdings Inc. suggests a belief in the long-term growth of digital content and media. (Getty Images Holdings Inc. Cl A Com) — medium confidence, target: 2024-12-31

FAQ

Filing Documents

• primary_doc.html (13F-HR)
• primary_doc.xml (13F-HR) — 4KB
• informationtable.html (INFORMATION TABLE)
• informationtable.xml (INFORMATION TABLE) — 14KB
• 0000898432-24-000085.txt ( ) — 20KB

From the Filing

SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 12-31-2023 Check here if Amendment    Amendment Number: This Amendment (Check only one.):    is a restatement.    adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Carlyle Group Inc. Address: C/O THE CARLYLE GROUP 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON , DC   20004 Form 13F File Number: 028-15025 CRD Number (if applicable): 000111128 801-52462 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Jeffrey W. Ferguson Title: General Counsel Phone: 202-729-5626 Signature, Place, and Date of Signing: /s/ Jeffrey W. Ferguson Washington ,  DC 02-02-2024 [Signature] [City, State] [Date] Explanatory Note 1: AlpInvest Partners B.V. is an indirectly wholly owned investment adviser of The Carlyle Group Inc. However, The Carlyle Group Inc. does not participate in any investment decision-making of AlpInvest Partners B.V. -- Explanatory Note 2: In August 2022, The Carlyle Group Inc. completed its acquisition of the Abingworth group, a life sciences investment firm. As a result of the acquisition, Abingworth LLP became a relying advisor of Carlyle Investment Management L.L.C. Report Type (Check only one.):    13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)    13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) X 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK AlpInvest Partners B.V. 028-15646 000159215 801-72890 Form 13F Summary Page Report Summary: Number of Other Included Managers: 3 Form 13F Information Table Entry Total: 25 Form 13F Information Table Value Total: 2,079,248,663 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK 1 Abingworth LLP 028-14285 000163213 802-75741 2 Carlyle Investment Management LLC 028-12429 000111128 801-52462 3 CIM Global, L.L.C. 028-15024 000114795

View Full Filing

View this 13F-HR filing on SEC EDGAR