Private Equity Stocks
Top 10 of 66 PSP holdings, updated
As of 12 October 2026, private equity stocks are losing ground: still ahead of the S&P 500 over the longer run, but behind over the past month. PSP trails the S&P 500 by 7.7 points over one month and ranks #88 of 115 groups Zensei tracks. 19 of the 29 private equity stocks Zensei prices in PSP beat the fund this month.
Where private equity stocks stand now
As of 12 October 2026, Private Equity (PSP) ranks #88 of the 115 groups Zensei tracks by one-month return against the S&P 500. It is losing its lead. It built a 2.6-point advantage over the S&P 500 across the longer, time-shifted window, but over the past month it has slipped 7.7 points behind the market — the Cooling quadrant of the rotation map.
On the shorter tape, PSP's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. PSP's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. Both signals point the same direction here: the market is not rewarding this group on either horizon.
The exposure comes via Invesco Global Listed Private Equity ETF, whose 66 tracked holdings are led by 3i Group, TPG Inc and Blackstone Inc. The thing to watch from here is whether this is a pause or a handoff: cooling groups sometimes reset and reclaim leadership, but a deepening one-month deficit usually means rotation has moved on.
As of , these are the largest private equity stocks in PSP by fund weight, and the strongest over the past month. Size and recent return are measurements, not recommendations.
Top private equity stocks by fund weight
Ranked by largest share of PSP
- 13i Group5.9%
- 2TPG IncTPG5.4%
- 3Blackstone IncBX5.1%
- 4KKR & Co IncKKR5.0%
- 5Sofina SA4.7%
Best private equity stocks this month
Ranked by one-month return, among the holdings Zensei prices
- 1PAXPAX+11.8%
- 2GHCGHC+3.5%
- 3Cannae Holdings IncCNNE+2.9%
- 4BBUCBBUC+1.7%
- 5Ridgepost Capital IncRPC+1.2%
Private Equity Stocks vs the S&P 500
Over the week to 12 October 2026, PSP rose 0.9% while the S&P 500 rose 0.4%. The table compares PSP and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means PSP won that window.
Prices as of · computed from daily adjusted closes · how we measure
Private Equity on the rotation map, against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window.
Are private equity stocks expensive?
Under half of the weight in PSP has a positive P/E, so a fund P/E would not describe the fund. Zensei shows a fund P/E from 50% coverage. Compare with every sector and theme: P/E ratio by sector.
PSP holdings: the private equity stocks inside
This list covers the 66 largest private equity stocks in PSP, heaviest first; the 10 largest show their returns where Zensei has a price. As of 12 October 2026, 19 of the 29 private equity stocks Zensei prices in PSP beat the fund over the past month. 3 of them beat the S&P 500. The strongest is PAX (PAX); the weakest is Neostellar Capital Corp (NSLR). Inside the fund, the holdings move close to the sector.
| # | Holding | Weight | 1M | 3M | vs fund 1M | Momentum | RS health |
|---|---|---|---|---|---|---|---|
| 1 | 3i Group | 5.9% | — | — | No price data | ||
| 2 | TPGTPG Inc | 5.4% | −5.4% | +7.4% | +0.2 pts | Cruising | Broken |
| 3 | BXBlackstone Inc | 5.1% | −10.7% | −5.1% | −5.1 pts | Weak | Broken |
| 4 | KKRKKR & Co Inc | 5.0% | −9.5% | −5.4% | −3.8 pts | Weak | Broken |
| 5 | Sofina SA | 4.7% | — | — | No price data | ||
| 6 | EQT AB | 4.6% | — | — | No price data | ||
| 7 | HAL Trust | 4.6% | — | — | No price data | ||
| 8 | OWL | 4.5% | −11.6% | +2.4% | |||
| 9 | CVC Capital Partners PLC | 4.3% | — | — | No price data | ||
| 10 | Partners Group Holding AG | 4.1% | — | — | No price data | ||
All 66 PSP holdings by weight: 3i Group 5.9%, TPG Inc (TPG) 5.4%, Blackstone Inc (BX) 5.1%, KKR & Co Inc (KKR) 5.0%, Sofina SA 4.7%, EQT AB 4.6%, HAL Trust 4.6%, OWL 4.5%, CVC Capital Partners PLC 4.3%, Partners Group Holding AG 4.1%, Ares Capital Corp (ARCC) 3.2%, The Carlyle Group Inc (CG) 2.9%, Onex Corp SHS Subord.Voting 2.6%, Rosebank Industries PLC 2.5%, Eurazeo SE 2.1%, GHC 2.1%, BBUC 1.9%, STEP 1.8%, Hgcapital Trust 1.8%, Hamilton Lane Inc (HLNE) 1.8%, Sonae Sgps SA 1.7%, Bridgepoint Group PLC 1.7%, Wendel SE 1.7%, Pantheon International 1.4%, Kinnevik AB 1.2%, Schiehallion Fund 1.2%, Molten Ventures 1.1%, Main Street Capital Corp (MAIN) 1.0%, Gimv NV 0.9%, Blue OWL Capital Corp (OBDC) 0.9%, Blue OWL Technology Finance Corp (OTF) 0.9%, Georgia Capital PLC 0.8%, Ratos AB 0.8%, BXSL 0.7%, Oakley Capital Investments 0.7%, PAX 0.7%, HBM Healthcare Investments AG 0.7%, Hercules Capital Inc (HTGC) 0.5%, FS KKR Capital Corp (FSK) 0.5%, Seraphim Space Investment Trust 0.5%, Jafco Group Co Ltd 0.5%, Compass Diversified Holdings (CODI) 0.5%, Gladstone Investment Corp (GAIN) 0.5%, Ridgepost Capital Inc (RPC) 0.5%, IP Group PLC 0.5%, Neuberger PVT EQ Partners 0.5%, Golub Capital BDC Inc (GBDC) 0.4%, Mutares SE & Co Kgaa 0.4%, Italmobiliare SPA 0.4%, Destiny Tech100 Inc (DXYZ) 0.4%, Partners Group Private Equity 0.4%, Woori Technology Investment Co Ltd 0.3%, Syncona 0.3%, Cannae Holdings Inc (CNNE) 0.3%, Trinity Capital Inc (TRIN) 0.3%, Oaktree Specialty Lending Corp BDC (OCSL) 0.3%, Goldman Sachs BDC Inc (GSBD) 0.3%, Capital Southwest Corp (CSWC) 0.2%, Sixth Street Specialty Lending Inc (TSLX) 0.2%, Integral Corp 0.2%, Chrysalis Investments Limited 0.2%, Deutsche Beteiligungs AG 0.2%, Neostellar Capital Corp (NSLR) 0.2%, Stack Capital Group Inc 0.1%, Invesco Shrt-Trm INV GOV&AGCY Instl (AGPXX) 0.1%, Great British Pound 0.0%.
Private Equity Stocks: common questions
Private equity stocks list: which stocks are in PSP?
As of 12 October 2026, this page lists the 66 largest private equity stocks in PSP, from the fund's published holdings. The three largest by fund weight are 3i Group (5.9%), TPG Inc (TPG, 5.4%) and Blackstone Inc (BX, 5.1%). Each one shows its fund weight; the 10 largest also show their one-month and three-month returns where Zensei has a price.
What are the best private equity stocks this month?
As of 12 October 2026, ranked by one-month return, the three strongest private equity stocks in PSP are PAX (+11.8%), GHC (+3.5%) and Cannae Holdings Inc (CNNE, +2.9%). This ranks past return only; it does not forecast the next month.
What are the top 3 private equity stocks?
As of 12 October 2026, the three largest private equity stocks in PSP by fund weight are 3i Group (5.9%), TPG Inc (TPG, 5.4%) and Blackstone Inc (BX, 5.1%). Fund weight shows size inside the fund, not a recommendation.
Which private equity stocks are beating the sector?
As of 12 October 2026, 19 of the 29 private equity stocks Zensei prices in PSP beat the fund over the past month. The strongest over the past month is PAX (PAX). The table above shows the largest holdings with their weights and returns.
Which ETF holds private equity stocks?
Several ETFs hold private equity stocks. Zensei tracks the group through PSP, the Invesco Global Listed Private Equity ETF. As of 12 October 2026, Zensei has the 66 largest private equity stocks from its published holdings, and the 10 largest make up 48.3% of the fund.
Are private equity stocks outperforming the S&P 500?
No. As of 12 October 2026, PSP trails the S&P 500 by 7.7 points over the past month.
What is PSP?
PSP is Invesco Global Listed Private Equity ETF. Zensei uses it to measure private equity stocks against the S&P 500 (SPY).
What stocks does PSP own?
As of 12 October 2026, the largest of the 66 positions Zensei tracks in PSP are 3i Group, TPG Inc, Blackstone Inc, KKR & Co Inc, Sofina SA. Each position measured against the fund, with momentum and relative strength, is part of Zensei Premium.
What quadrant is private equity in right now?
As of 12 October 2026, private equity is in the Cooling quadrant — still ahead over the longer window, but behind the market over the past month. The Zensei methodology page explains the quadrants.
Recent changes
- ·First tracked: losing ground
Related sectors
Track private equity against the whole market
Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.
Compare all sectors: Sector heat map · Sector P/E ratios