Kohlberg Kravis Roberts & Co. L.P.
Long book
$5.10B
Q1 2026
Positions
16
Top-10 weight
99%
concentration
Last quarter
+24.6%
SPY +14.8%
Turnover
24%
of book per quarter
Strategy in plain words
auto-generated from filingsKohlberg Kravis Roberts & Co. L.P. is a concentrated fundamental stock-picker, running a $5.10B US long book across 16 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: BRIGHTSPRING HEALTH SERVICES, HENRY SCHEIN INC, BRIDGEBIO PHARMA INC, CRESCENT ENERGY INC-A, NIQ GLOBAL INTELLIGENCE PLC.
Over the last 9 quarters its long book ran on average 7.4pp per quarter ahead of the S&P 500, beating the index in 8 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-3.5%
Q2 2024
+17.3%
Q3 2024
+10.6%
Q4 2024
+5.4%
Q1 2025
+22.0%
Q2 2025
+9.9%
Q3 2025
+17.9%
Q4 2025
+3.0%
Q1 2026
+24.6%
Sector allocation
Healthcare 56%
Consumer discretionary 23%
Energy 8%
Technology 7%
Consumer staples 5%
Communications 1%
Other 0%
Industrials 0%
Long book by quarter
What does Kohlberg Kravis own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BTSG BRIGHTSPRING HEALTH SERVICES | Healthcare | 41.8M | $1.78B | 34.9% | -32.5% |
| HSIC HENRY SCHEIN INC | Consumer discretionary | 15.7M | $1.15B | 22.6% | Held |
| BBIO BRIDGEBIO PHARMA INC | Healthcare | 13.3M | $984.8M | 19.3% | Held |
| CRGY CRESCENT ENERGY INC-A | Energy | 28.7M | $386.8M | 7.6% | +7.1% |
| NIQ NIQ GLOBAL INTELLIGENCE PLC | Technology | 30.0M | $341.4M | 6.7% | Held |
| BV BRIGHTVIEW HOLDINGS INC | Consumer staples | 21.5M | $257.6M | 5.0% | Held |
| PSKY PARAMOUNT SKYDANCE CL B | Communications | 5.5M | $49.9M | 1.0% | -35.1% |
| BHC BAUSCH HEALTH COS INC | Healthcare | 5.2M | $28.3M | 0.6% | Held |
| FSK FS KKR CAPITAL CORP | — | 980.6K | $10.0M | 0.2% | Held |
| TEM TEMPUS AI INC-CL A | Technology | 117.7K | $5.3M | 0.1% | Held |
| NCLH NORWEGIAN CRUISE LINE HOLDIN | Industrials | 273.7K | $5.1M | 0.1% | -61.9% |
| CHRS COHERUS ONCOLOGY INC | Healthcare | 3.0M | $5.1M | 0.1% | Held |
| VSEC VSE CORP | Services media | 8.0K | $402K | 0.0% | New |
| PPL PPL CORPORATION | Utilities | 6.3K | $323K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 96 | $5.35B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 96 | $6.25B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 92 | $5.97B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 81 | $4.84B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 77 | $4.43B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 72 | $3.73B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 76 | $7.47B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 71 | $3.33B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 70 | $3.88B | canonical | SEC ↗ |
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