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Partners Group Holding AG

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13F filer, CIK 1534259, BAAR-ZUG, Switzerland

Partners Group Holding AG reported $1,480,954,459 across 49 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-06. Its ten largest share positions make up 60.46% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001213900-26-013077

Period
2025-12-31
Reported value
$1.48B
Holdings
49
Top 10 weight
60.46%
New
17
Sold out
6

Largest buys vs the previous quarter

SecurityShares changeApprox. value
CPnew+263,598$19.4M
BNadded+351,800$16.1M
ARESadded+75,187$12.2M
BAMnew+231,951$12.2M
OWLadded+805,112$12M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
NUreduced-4,651,484-$77.9M
ARCCexited-1,767,154-$36.1M
CNIexited-307,025-$28.9M
CCIexited-252,671-$24.4M
APOreduced-87,023-$12.6M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001213900-26-013077, largest first. % of portfolio is the value over $1,480,954,459, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
KLCKINDERCARE LEARNING COMPANIEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 81,418,736 shares; 2025Q1: 81,418,736 shares; 2025Q2: 81,418,736 shares; 2025Q3: 81,418,736 shares; 2025Q4: 81,418,736 shares 81,418,736$352M23.75%0Timeline
CLARIVATE PLCCLARIVATE PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 25,583,059 shares; 2025Q2: 25,583,059 shares; 2025Q3: 25,583,059 shares; 2025Q4: 25,583,059 shares 25,583,059$85.4M5.77%0
APOAPOLLO GLOBAL MGMT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 775,727 shares; 2024Q4: 559,400 shares; 2025Q1: 601,157 shares; 2025Q2: 628,770 shares; 2025Q3: 659,563 shares; 2025Q4: 572,540 shares 572,540$82.9M5.6%-87,023Timeline
ARESARES MANAGEMENT CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 275,210 shares; 2024Q4: 251,558 shares; 2025Q1: 386,336 shares; 2025Q2: 353,510 shares; 2025Q3: 361,723 shares; 2025Q4: 436,910 shares 436,910$70.6M4.77%+75,187Timeline
BNBROOKFIELD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 409,303 shares; 2024Q4: 507,166 shares; 2025Q1: 666,869 shares; 2025Q2: 655,233 shares; 2025Q3: 968,546 shares; 2025Q4: 1,320,346 shares 1,320,346$60.6M4.09%+351,800Timeline
AMTAMERICAN TOWER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 349,604 shares; 2024Q4: 378,592 shares; 2025Q1: 373,669 shares; 2025Q2: 331,374 shares; 2025Q3: 313,231 shares; 2025Q4: 313,125 shares 313,125$55M3.71%-106Timeline
KKRKKR & CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 556,160 shares; 2024Q4: 373,052 shares; 2025Q1: 494,616 shares; 2025Q2: 452,913 shares; 2025Q3: 429,808 shares; 2025Q4: 408,003 shares 408,003$52M3.51%-21,805Timeline
BXBLACKSTONE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 341,925 shares; 2024Q4: 267,129 shares; 2025Q1: 351,050 shares; 2025Q2: 355,802 shares; 2025Q3: 314,721 shares; 2025Q4: 334,073 shares 334,073$51.5M3.48%+19,352Timeline
RSGREPUBLIC SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 347,885 shares; 2024Q4: 279,467 shares; 2025Q1: 248,974 shares; 2025Q2: 210,674 shares; 2025Q3: 194,579 shares; 2025Q4: 210,806 shares 210,806$44.7M3.02%+16,227Timeline
OWLBLUE OWL CAPITAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 781,132 shares; 2025Q1: 898,281 shares; 2025Q2: 1,790,863 shares; 2025Q3: 1,940,155 shares; 2025Q4: 2,745,267 shares 2,745,267$41M2.77%+805,112Timeline
WMBWILLIAMS COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 785,177 shares; 2024Q4: 785,177 shares; 2025Q1: 791,331 shares; 2025Q2: 764,243 shares; 2025Q3: 654,829 shares; 2025Q4: 680,676 shares 680,676$40.9M2.76%+25,847Timeline
ATOATMOS ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 329,015 shares; 2024Q4: 276,912 shares; 2025Q1: 366,542 shares; 2025Q2: 323,145 shares; 2025Q3: 271,689 shares; 2025Q4: 241,751 shares 241,751$40.5M2.74%-29,938Timeline
AWKAMERICAN WTR WKS CO INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 460,549 shares; 2024Q4: 449,308 shares; 2025Q1: 464,433 shares; 2025Q2: 417,923 shares; 2025Q3: 360,687 shares; 2025Q4: 307,389 shares 307,389$40.1M2.71%-53,298Timeline
UNPUNION PAC CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 267,637 shares; 2024Q4: 260,524 shares; 2025Q1: 250,048 shares; 2025Q2: 214,152 shares; 2025Q3: 186,701 shares; 2025Q4: 167,786 shares 167,786$38.8M2.62%-18,915Timeline
WMWASTE MGMT INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 119,592 shares; 2024Q4: 179,361 shares; 2025Q1: 186,350 shares; 2025Q2: 163,898 shares; 2025Q3: 150,606 shares; 2025Q4: 175,468 shares 175,468$38.6M2.6%+24,862Timeline
SRESEMPRAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 304,714 shares; 2024Q4: 255,987 shares; 2025Q1: 548,110 shares; 2025Q2: 464,706 shares; 2025Q3: 376,042 shares; 2025Q4: 411,055 shares 411,055$36.3M2.45%+35,013Timeline
CMSCMS ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 734,278 shares; 2024Q4: 657,749 shares; 2025Q1: 682,096 shares; 2025Q2: 611,962 shares; 2025Q3: 534,644 shares; 2025Q4: 498,234 shares 498,234$34.8M2.35%-36,410Timeline
FERFERROVIAL NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 845,983 shares; 2024Q4: 795,729 shares; 2025Q1: 814,168 shares; 2025Q2: 657,502 shares; 2025Q3: 498,563 shares; 2025Q4: 531,719 shares 531,719$34.4M2.33%+33,156Timeline
EQIXEQUINIX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 54,122 shares; 2024Q4: 46,819 shares; 2025Q1: 51,787 shares; 2025Q2: 46,220 shares; 2025Q3: 45,096 shares; 2025Q4: 44,127 shares 44,127$33.8M2.28%-969Timeline
CSXCSX CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,218,143 shares; 2024Q4: 1,182,160 shares; 2025Q1: 1,177,776 shares; 2025Q2: 801,430 shares; 2025Q3: 955,323 shares; 2025Q4: 899,172 shares 899,172$32.6M2.2%-56,151Timeline
ODFLOLD DOMINION FREIGHT LINE INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 116,954 shares; 2024Q4: 101,742 shares; 2025Q1: 129,114 shares; 2025Q2: 160,661 shares; 2025Q3: 142,117 shares; 2025Q4: 194,631 shares 194,631$30.5M2.06%+52,514Timeline
TPGTPG INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 332,627 shares; 2024Q4: 345,254 shares; 2025Q1: 528,824 shares; 2025Q2: 512,183 shares; 2025Q3: 480,740 shares; 2025Q4: 423,161 shares 423,161$27M1.82%-57,579Timeline
SBACSBA COMMUNICATIONS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 155,951 shares; 2024Q4: 148,175 shares; 2025Q1: 164,641 shares; 2025Q2: 136,298 shares; 2025Q3: 124,802 shares; 2025Q4: 123,947 shares 123,947$24M1.62%-855Timeline
TRPTC ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 845,335 shares; 2024Q4: 608,451 shares; 2025Q1: 748,084 shares; 2025Q2: 517,576 shares; 2025Q3: 423,545 shares; 2025Q4: 431,583 shares 431,583$23.7M1.6%+8,038Timeline
CPCANADIAN PACIFIC KANSAS CITYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 263,598 shares 263,598$19.4M1.31%newTimeline
ENBENBRIDGE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 379,846 shares; 2024Q4: 299,472 shares; 2025Q1: 288,946 shares; 2025Q2: 309,292 shares; 2025Q3: 287,766 shares; 2025Q4: 256,874 shares 256,874$12.3M0.83%-30,892Timeline
BAMBROOKFIELD ASSET MANAGMT LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 231,951 shares 231,951$12.2M0.82%newTimeline
ARCBARCBEST CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 87,842 shares; 2024Q4: 78,713 shares; 2025Q1: 119,679 shares; 2025Q2: 147,476 shares; 2025Q3: 147,476 shares; 2025Q4: 147,476 shares 147,476$10.9M0.74%0Timeline
ADTADT INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,627,283 shares; 2024Q4: 4,015,484 shares; 2025Q1: 4,015,484 shares; 2025Q2: 2,498,003 shares; 2025Q3: 1,114,353 shares; 2025Q4: 1,114,353 shares 1,114,353$8.99M0.61%0Timeline
KMIKINDER MORGAN INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 287,777 shares; 2024Q4: 214,627 shares; 2025Q1: 198,843 shares; 2025Q2: 198,843 shares; 2025Q3: 201,148 shares; 2025Q4: 291,741 shares 291,741$8.02M0.54%+90,593Timeline
LTHLIFE TIME GROUP HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 277,777 shares; 2024Q4: 277,777 shares; 2025Q1: 277,777 shares; 2025Q2: 277,777 shares; 2025Q3: 277,777 shares; 2025Q4: 277,777 shares 277,777$7.38M0.5%0Timeline
TOSTTOAST INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 185,085 shares 185,085$6.57M0.44%newTimeline
XPOXPO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 57,563 shares; 2025Q3: 46,516 shares; 2025Q4: 41,877 shares 41,877$5.69M0.38%-4,639Timeline
NUNU HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 4,796,686 shares; 2025Q1: 4,796,686 shares; 2025Q2: 154,279 shares; 2025Q3: 4,796,686 shares; 2025Q4: 145,202 shares 145,202$2.43M0.16%-4,651,484Timeline
RPRXROYALTY PHARMA PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 49,855 shares 49,855$1.93M0.13%newTimeline
QSRRESTAURANT BRANDS INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 24,645 shares 24,645$1.68M0.11%newTimeline
MARMARRIOTT INTL INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 5,399 shares 5,399$1.67M0.11%newTimeline
OMABGRUPO AEROPORTUARIO DEL CENTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 14,380 shares 14,380$1.56M0.11%newTimeline
WMGWARNER MUSIC GROUP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 45,986 shares 45,986$1.41M0.1%newTimeline
MCDMCDONALDS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 3,477 shares 3,477$1.06M0.07%newTimeline
RGLDROYAL GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 4,204 shares 4,204$935K0.06%newTimeline
WPMWHEATON PRECIOUS METALS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 7,926 shares 7,926$931K0.06%newTimeline
SONYSONY GROUP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 36,000 shares 36,000$922K0.06%newTimeline
HLTHILTON WORLDWIDE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 2,796 shares 2,796$803K0.05%newTimeline
ARMARM HOLDINGS PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 7,300 shares 7,300$798K0.05%newTimeline
DPZDOMINOS PIZZA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 1,467 shares 1,467$611K0.04%newTimeline
DLBDOLBY LABORATORIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 9,110 shares 9,110$585K0.04%newTimeline
PBAPEMBINA PIPELINE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,270 shares; 2024Q4: 9,270 shares; 2025Q1: 9,270 shares; 2025Q2: 9,270 shares; 2025Q3: 9,270 shares; 2025Q4: 9,270 shares 9,270$353K0.02%0Timeline
IDCCINTERDIGITAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 945 shares 945$301K0.02%newTimeline

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
ARCCARES CAPITAL CORP1,767,154$36.1Mshares
CNICANADIAN NATL RY CO307,025$28.9Mshares
CCICROWN CASTLE INC252,671$24.4Mshares
EPDENTERPRISE PRODS PARTNERS L19,324$604Kshares
NEUEHEALTH INCNEUEHEALTH INC88,645$591Kshares
ETENERGY TRANSFER L P25,810$443Kshares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001213900-26-013077 base2026-02-06acceptance time not in the bulk data set