Montaka Global Investments, an investment management company, released its first-quarter 2026 investor letter. A copy of the letter is available to download here. The March quarter was dominated by Iran’s geopolitical conflict, which sharply revised stocks’ valuation multiples. In Q1, the portfolio holdings declined due to valuation changes, but the firm trusts in the stocks’ fundamentals. The letter emphasized three key themes for future investors: AI, Geopolitics, and Market valuations. While the market focuses on war, oil, inflation, and interest rates, the firm seeks opportunities in select businesses with strong advantages and large, growing markets. In this economic backdrop, the firm reaffirms its approach of patient investing in advantaged businesses amid large structural shifts at attractive prices. In addition, please check the Strategy’s top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Montaka Global Investments highlighted stocks like KKR & Co. Inc. (NYSE:KKR). KKR & Co. Inc. (NYSE:KKR) is a leading private equity and real estate investment firm focusing on direct and fund-of-fund investments. On April 22, 2026, KKR & Co. Inc. (NYSE:KKR) closed at $105.92 per share. One-month return of KKR & Co. Inc. (NYSE:KKR) was 17.70%, and its shares lost 6.47% over the past 52 weeks. KKR & Co. Inc. (NYSE:KKR) has a market capitalization of $98.09 billion.
Montaka Global Investments stated the following regarding KKR & Co. Inc. (NYSE:KKR) in its Q1 2026 investor letter:
The strength of an investment opportunity depends on the price at which you can acquire current and future earnings power. We see many instances today of strong competitive advantages being offered by the market at highly-attractive prices. Based on Montaka’s internal assessments, here are several:
KKR & Co. Inc. (NYSE:KKR) — KKR closed the quarter at US$92.50 per share, a level that implies an EV multiple of 17x 2026 fee-related earnings (FRE) – which itself is expected to grow by more than 20% p.a. this year.
KKR & Co. Inc. (NYSE:KKR) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 76 hedge fund portfolios held KKR & Co. Inc. (NYSE:KKR) at the end of the fourth quarter, compared to 89 in the previous quarter. While we acknowledge the risk and potential of KKR & Co. Inc. (NYSE:KKR) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KKR & Co. Inc. (NYSE:KKR) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered KKR & Co. Inc. (NYSE:KKR) and shared the list of cheapest strong buy stocks to buy. In addition, please check out our hedge fund investor letters Q1 2026 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.
