Ninety One UK 13F: Cuts TKO Stake by $68M

In a filing with the Securities and Exchange Commission on October 15, 2026, Ninety One UK reported a reduced stake in TKO Group Holdings, Inc. (NYSE: TKO). Institutional investors like Ninety One UK use Form 13F reports to disclose their stock holdings at the end of every quarter, meaning these records look backward and might not reflect what the fund holds right now.

What Changed in Ninety One UK's TKO Group Holdings Position

Ninety One UK cut its investment by selling 375,640 shares during the period. That adjustment worked out to an 12.0% decrease from its previous holdings. The fund ended up with 2,764,308 shares, which had a reported value of $496,801,439.

Other Institutional Activity in TKO Group Holdings

Blackrock Inc. grew its holdings by 353,920 shares, ending with 5,668,039 shares worth about $994.7 million. Morgan Stanley reduced its stake by 550,510 shares, wrapping up the period with 4,702,447 shares valued at $825.3 million. State Street Corporation cut back by 1,776,327 shares, leaving it with 4,634,092 shares worth roughly $813.3 million. Vanguard Capital Management LLC trimmed its holdings by 164,483 shares, bringing its total to 4,010,212 shares valued at $703.8 million. Massachusetts Financial Services Co. added 184,619 shares to finish with 3,728,177 shares worth around $654.3 million.

TKO Group Holdings, Inc. Stock Up 0.6%

Shares of TKO recently traded around $177.06 as of October 16, 2026. The stock sits below its 52-week high of $226.94 and well under its 200-day moving average of $194.90, though it remains above its lowest point of $170.92 over the past year.

Recent Earnings

TKO Group Holdings generated $5.3 billion in trailing twelve-month revenue. The entertainment company posted earnings of $2.86 per share over the same timeframe. Its next quarterly earnings report is scheduled for November 4, 2026.

Dividend

The company pays an annual dividend of $3.16 per share, giving it a dividend yield of 1.8%.

Insider Buying and Selling at TKO Group Holdings, Inc.

Director Nicholas Khan sold 14,794 shares on August 19, 2026, for a total of $2,908,679. Khan later sold 9,589 shares on September 14, 2026, valued at $1,867,626. On October 13, 2026, Nick Khan sold 400 shares at a price of $175.07 under a planned trading program, totaling $70,028. Another transaction followed on October 15, 2026, when Nick Khan sold 9,189 shares at $15.19 per share under a Rule 10b5-1 plan, worth $1,609,820.91.

Analysts Set New Price Targets

BTIG reiterated its buy rating on July 29, 2026, with a target price of $237.00. Morgan Stanley maintained an overweight rating on August 4, 2026, raising its target from $225.00 to $230.00. BTIG kept a buy rating with a $237.00 target on August 4, 2026. Guggenheim maintained a buy rating on August 5, 2026, moving its target from $230.00 to $235.00. Bernstein maintained an outperform rating on September 16, 2026, raising its target from $235.00 to $240.00. Overall, the stock holds a consensus strong buy rating from 19 analysts with a mean price target of $231.63.

About TKO Group Holdings

TKO Group Holdings operates as a sports and entertainment company housing prominent brands like the UFC and WWE alongside IMG. The organization manages live events, ticket sales, global media programming, and consumer product licensing. Institutional adjustments in TKO give investors a window into how large asset managers are positioning themselves around the company's live entertainment portfolio.

Bottom Line

Ninety One UK's cut reflects its portfolio choices during the period, though subsequent market trades could look different. Investors will want to watch the upcoming earnings release on November 4, 2026, for further operational updates. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.