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Partners Group Holding AG

SEC Form 13F institutional filer · CIK 0001534259

13F-HR · 23 reported holdings · 2026-03-31

Asset manager.

Reported long-US-equity value

$0.76B

Top-10 concentration

64.2%

Partners Group Holding AG — $759M AUM allocation strategy

Partners Group Holding AG files SEC Form 13F and reports $759M of long US equity value across 23 reported holdings for 2026-03-31.

Its largest sector bet is Financials 27.6%, followed by Industrials 26.5% and Utilities 21.3%.

The top 10 holdings account for 64% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

Partners Group Holding AG — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$759M

total across 23 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

64% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$ARES$APO$KKR

+$ARES +79.3K sh · −$14.3M+$APO +43.3K sh · −$14.3M+$KKR +42.1K sh · −$10.4M

Biggest trims (shares)

$WMB$KMI$AWK

−$WMB −45.6K sh · +$5.3M−$KMI −29.5K sh · +$773K−$AWK −18.3K sh · −$766K

Added from nil (new positions)

$OKE

1 fresh holding — new conviction

Exited to nil (held last quarter, gone now)

None this quarter

Sector allocation (share of reported value)

Financials 28%Industrials 26%Utilities 21%Real Estate 16%Energy 7%Consumer Discretionary 1%Other holdings 0%SECTORS
  • $XLFFinancials27.6%
  • $XLIIndustrials26.5%
  • $XLUUtilities21.3%
  • $XLREReal Estate16.2%
  • $XLEEnergy7.3%
  • $XLYConsumer Discretionary0.7%
  • Other holdings0.4%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Asset Management & Custody Banks 28%Environmental & Facilities Services 12%Telecom Tower REITs 11%Multi-Utilities 10%Rail Transportation 10%Oil & Gas Storage & Transportation 7%Gas Utilities 6%Data Center REITs 6%Other holdings 11%INDUSTRIES
  • Asset Management & Custody Banks27.6%
  • Environmental & Facilities Services11.6%
  • Telecom Tower REITs10.6%
  • Multi-Utilities10.4%
  • Rail Transportation10.2%
  • Oil & Gas Storage & Transportation7.3%
  • Gas Utilities5.8%
  • Data Center REITs5.7%
  • Other holdings11.1%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$APOApollo Global Management Inc616K$68.6M+43.3K9.0%
$ARESAres Management Corporation516K$56.3M+79.3K7.4%
$AMTAmerican Tower Corporation325K$56.1M+11.7K7.4%
$RSGRepublic Services Inc218K$47.7M+6.95K6.3%
$WMBWilliams Companies Inc635K$46.2M-45.6K6.1%
$ATOAtmos Energy Corporation238K$44M-3.54K5.8%
$EQIXEquinix Inc. Common Stock REIT44.1K$43.3M+05.7%
$BXBlackstone Inc372K$42.7M+37.7K5.6%
$KKRKKR & Co. Inc450K$41.6M+42.1K5.5%
$UNPUnion Pacific Corporation167K$40.6M-4685.4%

…and 13 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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