KKR & Co Inc (KKR) is gone from Stephen Mandel's Lone Pine Capital portfolio as of June 30, 2026, according to the 13F-HR filed with the SEC on August 14, 2026. A quarter earlier the position was 179K shares worth about $16.6M, or 0.13% of the reported book. KKR had been in the portfolio for about 3 years, since the quarter ended March 31, 2023.
What did the 2026 Q2 filing report for KKR?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Before | After | |
|---|---|---|
| Shares | 179K | 0 |
| Reported value | $16.6M | $0 |
| Portfolio weight | 0.13% | 0% |
| Held since | 2023 Q1 | sold out in 2026 Q2 |
| Quarters held | 13 |
What did Stephen Mandel sell?
Stephen Mandel sold 179K shares of KKR between the quarter ended March 31, 2026 and June 30, 2026. The KKR exit was the 45th largest of the quarter's 49 position changes by percent change to portfolio.
Where does KKR sit in the Stephen Mandel portfolio?
Before the sale, KKR carried 0.13% of the Stephen Mandel portfolio, below the fund's average stock position of 3%. The largest stock position is NBIS at 7.19%. Next come ASML at 6.92% and STX at 5.9%. The three largest stocks together are 20.01% of the book. Across the 2026 Q2 portfolio, Stephen Mandel reported 34 stock positions, with 13 opened and 15 closed. The total portfolio value is about $16.4B, up 30% from the prior quarter.
How long has Stephen Mandel held KKR?
Stephen Mandel held KKR for about 3 years, from the quarter ended March 31, 2023 to March 31, 2026. The weight peaked at 5.55% in 2024 Q1. Last quarter the fund had already cut the position by 96%, so the exit finishes a two-quarter unwind. Every reported trade is on the Stephen Mandel KKR trade history page.
Did other funds buy or sell KKR in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 6 still hold KKR. Meanwhile 2 opened it. The largest buyers of KKR this quarter were Dodge & Cox Stock Fund, Jeffrey Ubben and Lindsell Train. The largest sellers were Chuck Akre, John W. Rogers Jr. and Paul Lountzis. Every tracked holder of KKR is on the KKR ownership page.
FAQ
How many KKR shares did Stephen Mandel sell?
Stephen Mandel sold all 179K shares of KKR it reported a quarter earlier, worth about $16.6M.
When did Stephen Mandel first buy KKR?
Stephen Mandel first reported KKR in the quarter ended March 31, 2023.
How much of the Stephen Mandel portfolio was KKR?
KKR was 0.13% of the Stephen Mandel portfolio at the prior quarter-end, and 0% after the sale.
Did other funds sell KKR in 2026 Q2?
No other tracked fund sold out of KKR in 2026 Q2, but 3 trimmed it; 6 still hold it.