Partners Group Holding AG
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Partners Group Holding AG reported 50 stock positions worth $1.4 billion. Its top holding was Kindercare Learning Cos (KLC) at 13.3% of the portfolio, followed by Apollo Global Management (APO, 5.1%) and Clarivate (CLVT, 4.8%). Compared with Q4 2025, it opened 3 new positions, sold out of 2, added to 25 and reduced 16. The biggest buy was a new position in Clarivate (CLVT) and the biggest sale an exit from Clarivate.
- Most Recent 13F
- Q2 2026
- Location
- BAAR-ZUG, V8
- CIK
- 0001534259
- Portfolio Value
- $1.4B (Q1 2026)
- SEC Filing
- 0001213900-26-057270 ↗ filed May 15, 2026
Holdings Value
Holdings 50 stocks · $1.4B
| KLC Kindercare Learning Cos Inc. | 13.26% | 81,418,736 | $179.1M | No change |
| APO Apollo Global Management Inc. | 5.08% | 615,844 | $68.6M | Add +7.6% |
| CLVT Clarivate PLC | 4.79% | 25,583,059 | $64.7M | New |
| ARES Ares Management Corp. Class A | 4.17% | 516,253 | $56.3M | Add +18.2% |
| BN Brookfield Corp. | 4.16% | 1,388,548 | $56.2M | Add +5.2% |
| AMT American Tower Corp. | 4.15% | 324,869 | $56.1M | Add +3.8% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 3.57% | 3,357,586 | $48.2M | Add +2212.4% |
| RSG Republic Services Inc. | 3.53% | 217,759 | $47.7M | Add +3.3% |
| TRP TC Energy Corp. | 3.48% | 387,770 | $47.0M | Reduce -10.2% |
| WMB Williams Cos Inc. | 3.42% | 635,064 | $46.2M | Reduce -6.7% |
| ATO Atmos Energy Corp. | 3.26% | 238,206 | $44.0M | Reduce -1.5% |
| EQIX Equinix Inc. | 3.20% | 44,127 | $43.3M | No change |
| BX Blackstone Inc. | 3.16% | 371,729 | $42.7M | Add +11.3% |
| KKR KKR & Co. Inc. | 3.08% | 450,070 | $41.6M | Add +10.3% |
| UNP Union Pacific Corp. | 3.00% | 167,318 | $40.6M | Reduce -0.3% |
| WM Waste Management Inc. | 2.96% | 173,895 | $40.0M | Reduce -0.9% |
| SRE Sempra | 2.95% | 410,561 | $39.9M | Reduce -0.1% |
| AWK American Water Works Co. Inc. | 2.91% | 289,131 | $39.3M | Reduce -5.9% |
| CP Canadian Pacific Kansas City | 2.86% | 253,054 | $38.6M | Reduce -4.0% |
| CMS CMS Energy Corp. | 2.85% | 497,291 | $38.6M | Reduce -0.2% |
| CSX CSX Corp. | 2.71% | 892,369 | $36.6M | Reduce -0.8% |
| ODFL Old Dominion Freight Line | 2.66% | 184,042 | $36.0M | Reduce -5.4% |
| FER Ferrovial NV | 1.92% | 538,084 | $25.9M | Add +1.2% |
| ENB Enbridge Inc. | 1.85% | 238,201 | $25.0M | Reduce -7.3% |
| SBAC SBA Communications Corp. | 1.76% | 138,373 | $23.8M | Add +11.6% |
| TPG TPG Inc. | 1.51% | 504,384 | $20.4M | Add +19.2% |
| OWL Blue Owl Capital Inc. | 1.47% | 2,175,998 | $19.9M | Reduce -20.7% |
| BAM Brookfield Asset Mgmt-A | 1.01% | 308,100 | $13.7M | Add +32.8% |
| ARCB Arcbest Corp. | 0.72% | 98,797 | $9.7M | Reduce -33.0% |
| KMI Kinder Morgan Inc. | 0.65% | 262,234 | $8.8M | Reduce -10.1% |
| LTH Life Time Group Holdings Inc. | 0.55% | 277,777 | $7.5M | No change |
| ADT Adt Inc. | 0.54% | 1,114,353 | $7.3M | No change |
| XPO Xpo Inc. | 0.45% | 30,934 | $6.0M | Reduce -26.1% |
| RPRX Royalty Pharma PLC Class A | 0.31% | 87,065 | $4.2M | Add +74.6% |
| QSR Restaurant Brands Intern | 0.29% | 53,709 | $4.0M | Add +117.9% |
| MAR Marriott International Class A | 0.24% | 9,801 | $3.2M | Add +81.5% |
| WMG Warner Music Group Corp. Class A | 0.17% | 91,080 | $2.3M | Add +98.1% |
| ARM Arm Holdings PLC-ADR | 0.17% | 14,900 | $2.3M | Add +104.1% |
| MCD McDonald's Corp. | 0.16% | 6,993 | $2.2M | Add +101.1% |
| WPM Wheaton Precious Metals Corp. | 0.13% | 13,913 | $1.8M | Add +75.5% |
| SONY Sony Group Corp. - SP ADR | 0.13% | 87,900 | $1.8M | Add +144.2% |
| RGLD Royal Gold Inc. | 0.13% | 6,966 | $1.8M | Add +65.7% |
| OMAB Grupo Aeroportuario Cen-ADR | 0.12% | 14,380 | $1.6M | No change |
| HLT Hilton Worldwide Holdings Inc. | 0.12% | 5,377 | $1.6M | Add +92.3% |
| DPZ Domino's Pizza Inc. | 0.09% | 3,437 | $1.2M | Add +134.3% |
| ASR Grupo Aeroportuario Sur-ADR | 0.09% | 3,430 | $1.2M | New |
| DLB Dolby Laboratories Inc. Class A | 0.08% | 18,945 | $1.1M | Add +108.0% |
| PBA Pembina Pipeline Corp. | 0.06% | 9,270 | $805K | No change |
| IDCC Interdigital Inc. | 0.04% | 1,599 | $483K | Add +69.2% |
| OKE Oneok Inc. | 0.02% | 2,470 | $223K | New |
Portfolio Sells Q4 2025 → Q1 2026
| CLARIVATE PLC | Sold out | 0.00% | −5.77 |
| OWL Blue Owl Capital Inc. | Reduce -20.7% | 1.47% | −1.30 |
| TOST Toast Inc. Class A | Sold out | 0.00% | −0.44 |
| ARCB Arcbest Corp. | Reduce -33.0% | 0.72% | −0.02 |
| XPO Xpo Inc. | Reduce -26.1% | 0.45% | +0.06 |
| KMI Kinder Morgan Inc. | Reduce -10.1% | 0.65% | +0.11 |
| AWK American Water Works Co. Inc. | Reduce -5.9% | 2.91% | +0.20 |
| WM Waste Management Inc. | Reduce -0.9% | 2.96% | +0.35 |
| UNP Union Pacific Corp. | Reduce -0.3% | 3.00% | +0.38 |
| SRE Sempra | Reduce -0.1% | 2.95% | +0.50 |
| CMS CMS Energy Corp. | Reduce -0.2% | 2.85% | +0.50 |
| CSX CSX Corp. | Reduce -0.8% | 2.71% | +0.51 |
| ATO Atmos Energy Corp. | Reduce -1.5% | 3.26% | +0.52 |
| ODFL Old Dominion Freight Line | Reduce -5.4% | 2.66% | +0.60 |
| WMB Williams Cos Inc. | Reduce -6.7% | 3.42% | +0.66 |
| ENB Enbridge Inc. | Reduce -7.3% | 1.85% | +1.02 |
| CP Canadian Pacific Kansas City | Reduce -4.0% | 2.86% | +1.55 |
| TRP TC Energy Corp. | Reduce -10.2% | 3.48% | +1.87 |
Portfolio Buys Q4 2025 → Q1 2026
| CLVT Clarivate PLC | New | 4.79% | +4.79 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +2212.4% | 3.57% | +3.41 |
| RSG Republic Services Inc. | Add +3.3% | 3.53% | +0.51 |
| AMT American Tower Corp. | Add +3.8% | 4.15% | +0.44 |
| BAM Brookfield Asset Mgmt-A | Add +32.8% | 1.01% | +0.19 |
| QSR Restaurant Brands Intern | Add +117.9% | 0.29% | +0.18 |
| RPRX Royalty Pharma PLC Class A | Add +74.6% | 0.31% | +0.18 |
| SBAC SBA Communications Corp. | Add +11.6% | 1.76% | +0.14 |
| MAR Marriott International Class A | Add +81.5% | 0.24% | +0.12 |
| ARM Arm Holdings PLC-ADR | Add +104.1% | 0.17% | +0.11 |
| MCD McDonald's Corp. | Add +101.1% | 0.16% | +0.09 |
| ASR Grupo Aeroportuario Sur-ADR | New | 0.09% | +0.09 |
| WMG Warner Music Group Corp. Class A | Add +98.1% | 0.17% | +0.08 |
| SONY Sony Group Corp. - SP ADR | Add +144.2% | 0.13% | +0.07 |
| WPM Wheaton Precious Metals Corp. | Add +75.5% | 0.13% | +0.07 |
| RGLD Royal Gold Inc. | Add +65.7% | 0.13% | +0.07 |
| BN Brookfield Corp. | Add +5.2% | 4.16% | +0.07 |
| HLT Hilton Worldwide Holdings Inc. | Add +92.3% | 0.12% | +0.07 |
| DPZ Domino's Pizza Inc. | Add +134.3% | 0.09% | +0.05 |
| DLB Dolby Laboratories Inc. Class A | Add +108.0% | 0.08% | +0.04 |
| OKE Oneok Inc. | New | 0.02% | +0.02 |
| IDCC Interdigital Inc. | Add +69.2% | 0.04% | +0.02 |
| TPG TPG Inc. | Add +19.2% | 1.51% | −0.31 |
| BX Blackstone Inc. | Add +11.3% | 3.16% | −0.31 |
| FER Ferrovial NV | Add +1.2% | 1.92% | −0.41 |
| KKR KKR & Co. Inc. | Add +10.3% | 3.08% | −0.43 |
| APO Apollo Global Management Inc. | Add +7.6% | 5.08% | −0.52 |
| ARES Ares Management Corp. Class A | Add +18.2% | 4.17% | −0.60 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 52 | $1.5B | KLC, APO, ARES, CLVT, BN |
| Q1 2026 | 50 | $1.4B | KLC, APO, CLVT, ARES, BN |
| Q4 2025 | 49 | $1.5B | KLC, CLARIVATE PLC, APO, ARES, BN |
| Q3 2025 | 38 | $1.8B | KLC, CLARIVATE PLC, APO, NU, BN |
| Q2 2025 | 40 | $2.1B | KLC, CLARIVATE PLC, APO, AMT, ARES |
| Q1 2025 | 43 | $2.4B | KLC, CLARIVATE PLC, APO, AMT, AWK |
| Q4 2024 | 44 | $2.8B | KLC, CLVT, APO, AMT, UNP |
| Q3 2024 | 41 | $1.6B | CLVT, APO, NUVVE HOLDING CORP, AMT, KKR |
| Q2 2024 | 46 | $1.3B | CLVT, AON, NU, APO, AMT |
| Q1 2024 | 47 | $1.1B | CLARIVATE PLC, NU, AMT, KKR, APO |