Kohlberg Kravis Roberts & Co. L.P.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Kohlberg Kravis Roberts & Co. L.P. reported 15 stock positions worth $3.3 billion. Its top holding was Bridgebio Pharma (BBIO) at 29.5% of the portfolio, followed by Brightspring Health Services (BTSG, 27.2%) and Brightview (BV, 18.5%). Compared with Q4 2023, it opened 1 new position, sold out of 3 and reduced 3. The biggest buy was a new position in Brightspring Health Services (BTSG) and the biggest sale AppLovin Class A (APP, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001399770
- Portfolio Value
- $3.3B (Q1 2024)
- SEC Filing
- 0001463931-24-000009 ↗ filed May 15, 2024
Holdings Value
Holdings 15 stocks · $3.3B
| BBIO Bridgebio Pharma Inc. | 29.53% | 31,060,971 | $960.4M | No change |
| BTSG Brightspring Health Services | 27.19% | 81,339,986 | $884.2M | New |
| BV Brightview Holdings Inc. | 18.53% | 50,633,123 | $602.5M | No change |
| PGRU Propertyguru Group Ltd. | 5.07% | 43,475,124 | $165.0M | No change |
| TGAN Transphorm Inc. | 3.69% | 24,411,968 | $119.9M | No change |
| EDR Endeavor Group Hold Class A | 3.56% | 4,495,920 | $115.7M | No change |
| KREF KKR Real Estate Finance Trus | 3.09% | 10,000,001 | $100.6M | No change |
| FSK FS KKR Capital Corp. | 2.78% | 4,740,046 | $90.4M | Reduce -61.5% |
| DASH DoorDash Inc. Class A | 1.82% | 429,383 | $59.1M | Reduce -49.9% |
| MSGS Madison Square Garden Sports | 1.73% | 305,068 | $56.3M | No change |
| BHC Bausch Health Cos Inc. | 1.71% | 5,235,000 | $55.5M | No change |
| VSAT Viasat Inc. | 0.51% | 922,546 | $16.7M | No change |
| APP AppLovin Corp. Class A | 0.35% | 166,567 | $11.5M | Reduce -96.3% |
| CHRS Coherus Oncology Inc. | 0.22% | 3,036,076 | $7.3M | No change |
| CRGY Crescent Energy Inc. Class A | 0.21% | 572,354 | $6.8M | No change |
Other holdings (52): bonds, preferreds, convertibles and warrants · $625.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 230,293,000 | $202.2M | Add +165.5% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 106,142,400 | $100.6M | Reduce -0.4% |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 59,459,000 | $56.6M | No change |
| REDFIN CORP (RDFN 0 10/15/25) | NOTE 10/1 · principal | 53,765,000 | $47.0M | Reduce -2.6% |
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | 52,986,000 | $42.3M | Reduce -1.9% |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | 13,000,000 | $21.5M | Reduce -7.1% |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 19,561,000 | $17.1M | Add +8.7% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 8,500,000 | $10.4M | New |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 10,000,000 | $9.7M | Reduce -23.1% |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 7,086,000 | $9.2M | No change |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 6,000,000 | $8.7M | Reduce -40.0% |
| AIR TRANSPORT SERVICES G (ATSG 1.125 10/15/24) | NOTE 1.125%10/1 · principal | 8,558,000 | $8.4M | No change |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | 8,000,000 | $7.7M | Reduce -20.0% |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 5,000,000 | $7.2M | Reduce -33.3% |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 9,050,000 | $6.8M | New |
| BOX INC (BOX 0 01/15/26) | NOTE 1/1 · principal | 5,500,000 | $6.6M | Reduce -54.2% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 7,615,000 | $6.4M | Add +9.7% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 5,840,000 | $6.1M | Reduce -16.1% |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | 4,612,000 | $4.2M | Add +51.9% |
| KAMAN CORP (KAMN 3.25 05/01/24) | NOTE 3.250% 5/0 · principal | 3,945,000 | $3.9M | New |
| NUVASIVE INC (GMED 0.375 03/15/25) | NOTE 0.375% 3/1 · principal | 3,569,000 | $3.4M | Reduce -25.6% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 2,746,000 | $3.1M | Add +6.0% |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | 3,000,000 | $3.0M | New |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 2,515,000 | $2.1M | Reduce -28.4% |
| ENVESTNET INC (ENV 0.75 08/15/25) | 0.75 8/15/2025 · principal | 2,193,000 | $2.1M | Reduce -19.1% |
| ENVESTNET INC (ENV 2.625 12/01/27) | NOTE 2.625%12/0 · principal | 2,010,000 | $2.1M | Add +11.1% |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 2,298,000 | $2.1M | Reduce -27.0% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 1,926,000 | $1.9M | New |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 1,812,000 | $1.8M | Reduce -56.0% |
| HEALTH CATALYST INC (HCAT 2.5 04/15/25) | NOTE 2.500% 4/1 · principal | 1,770,000 | $1.7M | No change |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 1,770,000 | $1.7M | Reduce -34.3% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 1,647,000 | $1.5M | Add +10.8% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 1,431,000 | $1.3M | No change |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 930,000 | $1.3M | New |
| INSMED INC (INSM 1.75 01/15/25) | NOTE 1.750% 1/1 · principal | 1,200,000 | $1.3M | No change |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 1,080,000 | $1.0M | No change |
| SABRE GLBL INC (SABHLD 4 04/15/25) | NOTE 4.000% 4/1 · principal | 1,105,000 | $1.0M | Add +42.6% |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 1,070,000 | $984K | Reduce -12.6% |
| BILIBILI INC (BILI 0.5 12/01/26) | NOTE 0.500%12/0 · principal | 1,000,000 | $959K | No change |
| AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) | NOTE 6.500% 7/0 · principal | 730,000 | $848K | No change |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 840,000 | $831K | Add +20.0% |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | 799,000 | $795K | Add +24.1% |
| LIVE NATION ENTERTAINMEN (LYV 2 02/15/25) | NOTE 2.000% 2/1 · principal | 648,000 | $721K | Reduce -64.7% |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 825,000 | $711K | Reduce -17.5% |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 03/15/25) | NOTE 1.250% 3/1 · principal | 610,000 | $707K | No change |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 700,000 | $694K | Add +30.8% |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 675,000 | $629K | No change |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 630,000 | $580K | Reduce -32.8% |
| IONIS PHARMACEUTICALS IN (IONS 0.125 12/15/24) | NOTE 0.125%12/1 · principal | 510,000 | $486K | No change |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 435,000 | $454K | New |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 345,000 | $328K | No change |
| BIOMARIN PHARMACEUTICAL (BMRN 0.599 08/01/24) | NOTE 0.599% 8/0 · principal | 225,000 | $221K | No change |
Total filed on the 13F, all lines: $3.9B.
Portfolio Sells Q4 2023 → Q1 2024
Portfolio Buys Q4 2023 → Q1 2024
| BTSG Brightspring Health Services | New | 27.19% | +27.19 |
Notes & Other Activity Q4 2023 → Q1 2024
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | Add +165.5% | 230,293,000 | $202.2M |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Reduce -0.4% | 106,142,400 | $100.6M |
| REDFIN CORP (RDFN 0 10/15/25) | NOTE 10/1 · principal | Reduce -2.6% | 53,765,000 | $47.0M |
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | Reduce -1.9% | 52,986,000 | $42.3M |
| DOCUSIGN INC (DOCU 0 01/15/24) | NOTE 1/1 · principal | Sold out | 25,958,000 | $26.0Mbefore exit |
| WESTERN DIGITAL CORP (WDC 1.5 02/01/24) | NOTE 1.500% 2/0 · principal | Sold out | 22,263,000 | $22.2Mbefore exit |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | Reduce -7.1% | 13,000,000 | $21.5M |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | Add +8.7% | 19,561,000 | $17.1M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | New | 8,500,000 | $10.4M |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Reduce -23.1% | 10,000,000 | $9.7M |
| REPLIGEN CORP | NOTE 1.000%12/1 · principal | Sold out | 8,000,000 | $8.9Mbefore exit |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Reduce -40.0% | 6,000,000 | $8.7M |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | NOTE 2.500% 7/1 · principal | Reduce -20.0% | 8,000,000 | $7.7M |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Reduce -33.3% | 5,000,000 | $7.2M |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | New | 9,050,000 | $6.8M |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | Sold out | 7,000,000 | $6.8Mbefore exit |
| BOX INC (BOX 0 01/15/26) | NOTE 1/1 · principal | Reduce -54.2% | 5,500,000 | $6.6M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Add +9.7% | 7,615,000 | $6.4M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Reduce -16.1% | 5,840,000 | $6.1M |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 3,578,000 | $4.4Mbefore exit |
| NOVOCURE LTD (NVCR 0 11/01/25) | NOTE 11/0 · principal | Add +51.9% | 4,612,000 | $4.2M |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 4,000,000 | $4.0Mbefore exit |
| KAMAN CORP (KAMN 3.25 05/01/24) | NOTE 3.250% 5/0 · principal | New | 3,945,000 | $3.9M |
| ALTAIR ENGINEERING INC (ALTR 1.75 06/15/27) | NOTE 1.750% 6/1 · principal | Sold out | 3,000,000 | $3.9Mbefore exit |
| NUVASIVE INC (GMED 0.375 03/15/25) | NOTE 0.375% 3/1 · principal | Reduce -25.6% | 3,569,000 | $3.4M |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | Add +6.0% | 2,746,000 | $3.1M |
| BENTLEY SYSTEMS INC (BSY 0.125 01/15/26) | NOTE 0.125% 1/1 · principal | New | 3,000,000 | $3.0M |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | Reduce -28.4% | 2,515,000 | $2.1M |
| ENVESTNET INC (ENV 0.75 08/15/25) | 0.75 8/15/2025 · principal | Reduce -19.1% | 2,193,000 | $2.1M |
| ENVESTNET INC (ENV 2.625 12/01/27) | NOTE 2.625%12/0 · principal | Add +11.1% | 2,010,000 | $2.1M |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | Reduce -27.0% | 2,298,000 | $2.1M |
| JAZZ INVESTMENTS I LTD (JAZZ 1.5 08/15/24) | NOTE 1.500% 8/1 · principal | Sold out | 1,984,000 | $1.9Mbefore exit |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | New | 1,926,000 | $1.9M |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Reduce -56.0% | 1,812,000 | $1.8M |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Reduce -34.3% | 1,770,000 | $1.7M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Add +10.8% | 1,647,000 | $1.5M |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | New | 930,000 | $1.3M |
| SABRE GLBL INC (SABHLD 4 04/15/25) | NOTE 4.000% 4/1 · principal | Add +42.6% | 1,105,000 | $1.0M |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | Reduce -12.6% | 1,070,000 | $984K |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | Add +20.0% | 840,000 | $831K |
| JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26) | NOTE 2.000% 6/1 · principal | Add +24.1% | 799,000 | $795K |
| LIVE NATION ENTERTAINMEN (LYV 2 02/15/25) | NOTE 2.000% 2/1 · principal | Reduce -64.7% | 648,000 | $721K |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | Reduce -17.5% | 825,000 | $711K |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | Add +30.8% | 700,000 | $694K |
| RINGCENTRAL INC (RNG 0 03/01/25) | NOTE 3/0 · principal | Sold out | 685,000 | $640Kbefore exit |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | Reduce -32.8% | 630,000 | $580K |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | New | 435,000 | $454K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $5.5B | BTSG, HSIC, BBIO, BV, CRGY |
| Q1 2026 | 14 | $5.1B | BTSG, HSIC, BBIO, CRGY, NIQ |
| Q4 2025 | 14 | $5.9B | BTSG, HSIC, BBIO, NIQ, BV |
| Q3 2025 | 16 | $5.6B | BTSG, HSIC, BBIO, NIQ, PSKY |
| Q2 2025 | 13 | $4.4B | BTSG, HSIC, BBIO, BV, CRGY |
| Q1 2025 | 13 | $3.9B | BTSG, HSIC, BBIO, BV, KREF |
| Q4 2024 | 10 | $3.1B | BTSG, BBIO, BV, KREF, DASH |
| Q3 2024 | 13 | $6.8B | OS, BTSG, BBIO, BV, PGRU |
| Q2 2024 | 14 | $2.7B | BTSG, BBIO, BV, PGRU, KREF |
| Q1 2024 | 15 | $3.3B | BBIO, BTSG, BV, PGRU, TGAN |