# Partners Group Holding AG

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1534259. Source: https://holderbook.com/funds/1534259-partners-group-holding-ag/

- Reported value: $1.5B
- Positions: 52
- Weight of the ten largest: 55.0%
- Filed: 2026-08-04

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| KINDERCARE LEARNING COMPANIE | [KLC](https://holderbook.com/stocks/KLC/) | $346.0M | 81,418,736 | 23.6% | 7 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $60.3M | 509,278 | 4.1% | 18 |
| ARES MANAGEMENT CORPORATION | [ARES](https://holderbook.com/stocks/ARES/) | $59.8M | 536,811 | 4.1% | 31 |
| CLARIVATE PLC | [CLVT](https://holderbook.com/stocks/CLVT/) | $55.3M | 25,583,059 | 3.8% | 2 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $55.0M | 1,290,543 | 3.7% | 15 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $52.0M | 317,617 | 3.5% | 31 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $46.0M | 44,127 | 3.1% | 25 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $45.6M | 213,878 | 3.1% | 31 |
| NU HLDGS LTD | [NU](https://holderbook.com/stocks/NU/) | $44.9M | 3,357,586 | 3.1% | 7 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $42.3M | 359,105 | 2.9% | 28 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $42.1M | 154,904 | 2.9% | 31 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $41.3M | 555,236 | 2.8% | 31 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $40.2M | 437,867 | 2.7% | 31 |
| ATMOS ENERGY CORP | [ATO](https://holderbook.com/stocks/ATO/) | $39.8M | 230,844 | 2.7% | 31 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $37.7M | 169,284 | 2.6% | 24 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $37.2M | 400,785 | 2.5% | 25 |
| CMS ENERGY CORP | [CMS](https://holderbook.com/stocks/CMS/) | $37.0M | 483,770 | 2.5% | 31 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $37.0M | 281,215 | 2.5% | 31 |
| FERROVIAL NV | [FER](https://holderbook.com/stocks/FER/) | $36.1M | 521,376 | 2.5% | 8 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $33.0M | 693,580 | 2.2% | 18 |
| OLD DOMINION FREIGHT LINE IN | [ODFL](https://holderbook.com/stocks/ODFL/) | $32.5M | 150,084 | 2.2% | 9 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $24.1M | 365,338 | 1.6% | 30 |
| SBA COMMUNICATIONS CORP | [SBAC](https://holderbook.com/stocks/SBAC/) | $22.4M | 127,069 | 1.5% | 12 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $21.1M | 243,940 | 1.4% | 3 |
| TPG INC | [TPG](https://holderbook.com/stocks/TPG/) | $19.9M | 489,809 | 1.4% | 17 |
| BLUE OWL CAPITAL INC | [OWL](https://holderbook.com/stocks/OWL/) | $17.0M | 1,941,137 | 1.2% | 7 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $12.2M | 225,342 | 0.8% | 31 |
| BROOKFIELD ASSET MANAGMT LTD | [BAM](https://holderbook.com/stocks/BAM/) | $12.1M | 269,350 | 0.8% | 3 |
| LIFE TIME GROUP HOLDINGS INC | [LTH](https://holderbook.com/stocks/LTH/) | $9.2M | 225,246 | 0.6% | 17 |
| ARCBEST CORP | [ARCB](https://holderbook.com/stocks/ARCB/) | $8.9M | 61,807 | 0.6% | 9 |
| GRUPO AEROPORTUARIO DEL CENT | [OMAB](https://holderbook.com/stocks/OMAB/) | $8.9M | 78,415 | 0.6% | 3 |
| ROYALTY PHARMA PLC | [RPRX](https://holderbook.com/stocks/RPRX/) | $8.9M | 157,944 | 0.6% | 3 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $8.3M | 83,261 | 0.6% | 1 |
| ADT INC DEL | [ADT](https://holderbook.com/stocks/ADT/) | $7.2M | 1,114,353 | 0.5% | 31 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $7.2M | 225,468 | 0.5% | 15 |
| RESTAURANT BRANDS INTL INC | [QSR](https://holderbook.com/stocks/QSR/) | $6.8M | 94,390 | 0.5% | 3 |
| XPO INC | [XPO](https://holderbook.com/stocks/XPO/) | $6.1M | 29,691 | 0.4% | 5 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $5.5M | 14,906 | 0.4% | 3 |
| GRUPO AEROPORTUARIO DEL SURE | [ASR](https://holderbook.com/stocks/ASR/) | $5.3M | 17,375 | 0.4% | 2 |
| WARNER MUSIC GROUP CORP | [WMG](https://holderbook.com/stocks/WMG/) | $5.0M | 185,173 | 0.3% | 3 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $4.6M | 17,161 | 0.3% | 3 |
| SONY GROUP CORP | [SONY](https://holderbook.com/stocks/SONY/) | $3.9M | 194,300 | 0.3% | 3 |
| ROYAL GOLD INC | [RGLD](https://holderbook.com/stocks/RGLD/) | $3.6M | 18,056 | 0.2% | 3 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $3.5M | 31,587 | 0.2% | 3 |
| DOMINOS PIZZA INC | [DPZ](https://holderbook.com/stocks/DPZ/) | $3.5M | 11,943 | 0.2% | 3 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $3.5M | 10,495 | 0.2% | 3 |
| DOLBY LABORATORIES INC | [DLB](https://holderbook.com/stocks/DLB/) | $2.3M | 43,851 | 0.2% | 3 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $1.6M | 4,400 | 0.1% | 3 |
| PLANET FITNESS MASTER ISSUER | [PLNT](https://holderbook.com/stocks/PLNT/) | $1.4M | 27,668 | 0.1% | 1 |
| INTERDIGITAL INC | [IDCC](https://holderbook.com/stocks/IDCC/) | $1.4M | 4,879 | 0.1% | 3 |
| PEMBINA PIPELINE CORP | [PBA](https://holderbook.com/stocks/PBA/) | $428.1K | 9,270 | 0.0% | 11 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $214.7K | 2,470 | 0.0% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +14.2% | +14.8% | -0.6% | 97% |
| Q1 2026 | -15.8% | -4.6% | -11.2% | 94% |
| Q4 2025 | -11.7% | +2.4% | -14.0% | 95% |
| Q3 2025 | -14.5% | +7.8% | -22.3% | 94% |
| Q2 2025 | -2.4% | +10.5% | -12.8% | 95% |
| Q1 2025 | -19.2% | -4.6% | -14.6% | 100% |
| Q4 2024 | -3.6% | +2.1% | -5.8% | 96% |
| Q3 2024 | +13.2% | +5.4% | +7.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.5B | 52 |
| Q1 2026 | $1.4B | 50 |
| Q4 2025 | $1.5B | 49 |
| Q3 2025 | $1.8B | 38 |
| Q2 2025 | $2.1B | 40 |
| Q1 2025 | $2.4B | 43 |
| Q4 2024 | $2.8B | 44 |
| Q3 2024 | $1.6B | 41 |
| Q2 2024 | $1.3B | 46 |
| Q1 2024 | $1.1B | 47 |
| Q4 2023 | $2.0B | 48 |
| Q3 2023 | $1.1B | 46 |