# EDGAR Filing Document

**Accession Number:** 0001744219
**File Stem:** 0001140361-23-004195
**Filing Date:** 2023-2
**Character Count:** 33526
**Document Hash:** 68dc1848e696e48e5f045e3e25160acd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-23-004195.hdr.sgml**: 20230202

**ACCESSION NUMBER**: 0001140361-23-004195

**CONFORMED SUBMISSION TYPE**: SC 13D/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20230202

**DATE AS OF CHANGE**: 20230202

**GROUP MEMBERS**: QUINTON HEIGHTS, LLC

**GROUP MEMBERS**: SECURITY BENEFIT LIFE INSURANCE CO

**GROUP MEMBERS**: TODD L. BOEHLY

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Kennedy-Wilson Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001408100
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE [6500]
- **IRS NUMBER:** 260508760
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-83363
- **FILM NUMBER:** 23581996

**BUSINESS ADDRESS:**
- **STREET 1:** 151 S EL CAMINO DR
- **CITY:** BEVERLY HILLS
- **STATE:** CA
- **ZIP:** 90212
- **BUSINESS PHONE:** 310-887-6400

**MAIL ADDRESS:**
- **STREET 1:** 151 S EL CAMINO DR
- **CITY:** BEVERLY HILLS
- **STATE:** CA
- **ZIP:** 90212

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Prospect Acquisition Corp
- **DATE OF NAME CHANGE:** 20070727
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eldridge Industries, LLC
- **CENTRAL INDEX KEY:** 0001744219
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 600 STEAMBOAT ROAD
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830
- **BUSINESS PHONE:** 2032985300

**MAIL ADDRESS:**
- **STREET 1:** 600 STEAMBOAT ROAD
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830

------

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

------

### SCHEDULE 13D

#### Under the Securities Exchange Act of 1934

#### (Amendment No. 2)\*

## Kennedy-Wilson Holdings, Inc.
(Name of Issuer)

#### Common Stock, $0.0001 Par Value
(Title of Class of Securities)

#### 489398107
(CUSIP Number)

#### Duncan Bagshaw

#### Eldridge Industries, LLC

#### 600 Steamboat Road

#### Greenwich, CT 06830

#### 203-298-5300
(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

#### January 31, 2023
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

\* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

------

---

| | | |
|:---|:---|:---|
|  | SCHEDULE 13D |  |
| CUSIP No: 489398107 |  | Page **2** of **8** Pages |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |  |  |
| **1** | Todd L. Boehly | Todd L. Boehly |  |  |
| **1** | Todd L. Boehly | Todd L. Boehly |  |  |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | (a) | ☒ |
| **2** |  |  | (b) | ☐ |
| **2** |  |  |  |  |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |  |  |
| **3** |  |  |  |  |
| **3** |  |  |  |  |
| **4** | **SOURCE OF FUNDS (SEE INSTRUCTIONS)** | **SOURCE OF FUNDS (SEE INSTRUCTIONS)** |  |  |
| **4** | OO | OO |  |  |
| **4** | OO | OO |  |  |
| **5** | **CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)** | **CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)** |  | ☐ |
| **5** |  |  |  |  |
| **5** |  |  |  |  |
| **6** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |  |  |
| **6** | US citizen | US citizen |  |  |
| **6** | US citizen | US citizen |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE VOTING POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 43500 (1) |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 43500 (1) |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED VOTING POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 12000000 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 12000000 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | **SOLE DISPOSITIVE POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | 43500 (1) |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | 43500 (1) |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | **SHARED DISPOSITIVE POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | 12000000 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | 12000000 |  |  |
| **11** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |  |  |
| **11** | 12043500 (1) | 12043500 (1) |  |  |
| **11** | 12043500 (1) | 12043500 (1) |  |  |
| **12** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** |  | ☐ |
| **12** |  |  |  |  |
| **12** |  |  |  |  |
| **13** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)** |  |  |
| **13** | 8.0% | 8.0% |  |  |
| **13** | 8.0% | 8.0% |  |  |
| **14** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** |  |  |
| **14** | HC, IN | HC, IN |  |  |
| **14** | HC, IN | HC, IN |  |  |

---

(1) This amount includes 43,500 Shares (as defined herein) that were granted to Mr. Boehly in connection with his service on the Board (as defined herein) of Kennedy Wilson.

------

---

| | | |
|:---|:---|:---|
|  | SCHEDULE 13D |  |
| CUSIP No: 489398107 |  | Page **3** of **8** Pages |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |  |  |
| **1** | Eldridge Industries, LLC | Eldridge Industries, LLC |  |  |
| **1** | Eldridge Industries, LLC | Eldridge Industries, LLC |  |  |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | (a) | ☒ |
| **2** |  |  | (b) | ☐ |
| **2** |  |  |  |  |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |  |  |
| **3** |  |  |  |  |
| **3** |  |  |  |  |
| **4** | **SOURCE OF FUNDS (SEE INSTRUCTIONS)** | **SOURCE OF FUNDS (SEE INSTRUCTIONS)** |  |  |
| **4** | OO | OO |  |  |
| **4** | OO | OO |  |  |
| **5** | **CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)** | **CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)** |  | ☐ |
| **5** |  |  |  |  |
| **5** |  |  |  |  |
| **6** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |  |  |
| **6** | Delaware | Delaware |  |  |
| **6** | Delaware | Delaware |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE VOTING POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED VOTING POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 12000000 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 12000000 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | **SOLE DISPOSITIVE POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | **SHARED DISPOSITIVE POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | 12000000 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | 12000000 |  |  |
| **11** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |  |  |
| **11** | 12000000 | 12000000 |  |  |
| **11** | 12000000 | 12000000 |  |  |
| **12** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** |  | ☐ |
| **12** |  |  |  |  |
| **12** |  |  |  |  |
| **13** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)** |  |  |
| **13** | 8.0% | 8.0% |  |  |
| **13** | 8.0% | 8.0% |  |  |
| **14** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** |  |  |
| **14** | HC, OO | HC, OO |  |  |
| **14** | HC, OO | HC, OO |  |  |

---

------

---

| | | |
|:---|:---|:---|
|  | SCHEDULE 13D |  |
| CUSIP No: 489398107 |  | Page **4** of **8** Pages |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |  |  |
| **1** | Security Benefit Life Insurance Company | Security Benefit Life Insurance Company |  |  |
| **1** | Security Benefit Life Insurance Company | Security Benefit Life Insurance Company |  |  |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | (a) | ☒ |
| **2** |  |  | (b) | ☐ |
| **2** |  |  |  |  |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |  |  |
| **3** |  |  |  |  |
| **3** |  |  |  |  |
| **4** | **SOURCE OF FUNDS (SEE INSTRUCTIONS)** | **SOURCE OF FUNDS (SEE INSTRUCTIONS)** |  |  |
| **4** | OO | OO |  |  |
| **4** | OO | OO |  |  |
| **5** | **CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)** | **CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)** |  | ☐ |
| **5** |  |  |  |  |
| **5** |  |  |  |  |
| **6** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |  |  |
| **6** | Kansas | Kansas |  |  |
| **6** | Kansas | Kansas |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE VOTING POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED VOTING POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 12000000 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 12000000 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | **SOLE DISPOSITIVE POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | **SHARED DISPOSITIVE POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | 12000000 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | 12000000 |  |  |
| **11** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |  |  |
| **11** | 12000000 | 12000000 |  |  |
| **11** | 12000000 | 12000000 |  |  |
| **12** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** |  | ☐ |
| **12** |  |  |  |  |
| **12** |  |  |  |  |
| **13** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)** |  |  |
| **13** | 8.0% | 8.0% |  |  |
| **13** | 8.0% | 8.0% |  |  |
| **14** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** |  |  |
| **14** | IC | IC |  |  |
| **14** | IC | IC |  |  |

---

------

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| | | |
|:---|:---|:---|
|  | SCHEDULE 13D |  |
| CUSIP No: 489398107 |  | Page **5** of **8** Pages |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |  |  |
| **1** | Quinton Heights, LLC | Quinton Heights, LLC |  |  |
| **1** | Quinton Heights, LLC | Quinton Heights, LLC |  |  |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | (a) | ☐ |
| **2** |  |  | (b) | ☐ |
| **2** |  |  |  |  |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |  |  |
| **3** |  |  |  |  |
| **3** |  |  |  |  |
| **4** | **SOURCE OF FUNDS (SEE INSTRUCTIONS)** | **SOURCE OF FUNDS (SEE INSTRUCTIONS)** |  |  |
| **4** | OO | OO |  |  |
| **4** | OO | OO |  |  |
| **5** | **CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)** | **CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)** |  | ☐ |
| **5** |  |  |  |  |
| **5** |  |  |  |  |
| **6** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |  |  |
| **6** | Kansas | Kansas |  |  |
| **6** | Kansas | Kansas |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE VOTING POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED VOTING POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | **SOLE DISPOSITIVE POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | **SHARED DISPOSITIVE POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | 0 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | 0 |  |  |
| **11** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |  |  |
| **11** | 0 | 0 |  |  |
| **11** | 0 | 0 |  |  |
| **12** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** |  | ☐ |
| **12** |  |  |  |  |
| **12** |  |  |  |  |
| **13** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)** |  |  |
| **13** | 0.0% | 0.0% |  |  |
| **13** | 0.0% | 0.0% |  |  |
| **14** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** |  |  |
| **14** | OO | OO |  |  |
| **14** | OO | OO |  |  |

---

------

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| | | |
|:---|:---|:---|
|  | SCHEDULE 13D |  |
| CUSIP No: 489398107 |  | Page **6** of **8** Pages |

---

**Item 1.** **Security and Issuer**<br>

*Item 1 of the Schedule 13D is hereby amended and supplemented as follows:*

This Amendment No. 2 to Schedule 13D ("Amendment No. 2") relates to the shares of common stock, $0.0001 par value (the "Shares"), of Kennedy-Wilson Holdings, Inc. ("Kennedy Wilson"), a Delaware corporation, and amends and supplements the initial statement on Schedule 13D filed by the Reporting Persons with the Securities and Exchange Commission (the "SEC") on November 18, 2019 (the "Initial Schedule 13D"), as amended on May 25, 2021 (collectively, the "Schedule 13D"). All capitalized terms not otherwise defined herein have the meanings ascribed to such terms in the Initial Schedule 13D. Except as specifically provided herein, this Amendment No. 2 does not modify any of the previous information reported in the Initial Schedule 13D.

---

| | |
|:---|:---|
| **Item 2.** | **Identity and Background** |

---

*Item 2(a-c, f) of the Schedule 13D is hereby amended and supplemented as follows:*

The name, present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted and the citizenship of each director and executive officer of Security Benefit Life is set forth in Exhibit H to this Amendment No. 2.

**Item 3.** **Source and Amount of Funds or Other Consideration**<br>

*Item 3 of the Schedule 13D is hereby amended and supplemented as follows:*

On January 31, 2023, Quinton Heights and Security Benefit Life entered into an assignment agreement (the "Assignment Agreement") pursuant to which Quinton Heights agreed to sell 80,000 shares of Series A Preferred Stock held directly by it, which are convertible to 3,200,000 Shares at an initial conversion rate of 40 Shares per share of Series A Preferred Stock, to Security Benefit Life for an aggregate purchase price of $58,267,600.00. The funds used for the purchase reported herein by Security Benefit Life were obtained through Security Benefit Life's investment activities in the ordinary course of business.

The description herein of the Assignment Agreement does not purport to be complete and is subject to, and qualified in its entirety by reference to, the Assignment Agreement, a copy of which has been filed as Exhibit F to this Amendment No. 2.

**Item 4.** **Purpose of Transaction**<br>

*Item 4 of the Schedule 13D is hereby amended and supplemented as follows:*

The response to Item 3 above is hereby incorporated by reference herein.

Mr. Boehly currently serves as a director on the board of directors (the "Board") of Kennedy Wilson. In connection with Mr. Boehly's service on the Board, he was granted restricted stock awards for 7,500 Shares on January 20, 2022 and 11,000 Shares on January 19, 2023, which awards are subject to vesting over a three-year period from the date of the applicable grant.

**Item 5.** **Interest in Securities of the Issuer**<br>

*Item 5(a), (b), (c), and (e) of the Schedule 13D is hereby amended and supplemented as follows:*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Based on the most recent information available, the aggregate number and percentage of the Shares (the securities identified pursuant to Item 1 of the Schedule 13D) that are beneficially owned by each of the Reporting Persons is set forth in boxes 11 and 13 of the second part of the cover page to the Schedule 13D for each of the Reporting Persons, and such information is incorporated herein by reference. Shares reported as beneficially owned by Eldridge and Security Benefit Life herein are Shares issuable upon conversion of the Series A Preferred Stock. Shares reported as beneficially owned by Mr. Boehly consist of: (i) 12,000,000 Shares issuable upon conversion of the Series A Preferred Stock, (ii) 15,000 Shares relating to restricted stock awards made on March 12, 2020 by Kennedy Wilson to Mr. Boehly in connection with his service on the Board, (iii) 10,000 Shares relating to restricted stock awards made on January 21, 2021 by Kennedy Wilson to Mr. Boehly in connection with his service on the Board, (iv) 7,500 Shares relating to restricted stock awards made on January 20, 2022 by Kennedy Wilson to Mr. Boehly in connection with his service on the Board, and (v) 11,000 Shares relating to restricted stock awards made on January 19, 2023 by Kennedy Wilson to Mr. Boehly in connection with his service on the Board.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The numbers of Shares as to which each of the Reporting Persons has sole voting power, shared voting power, sole dispositive power and shared dispositive power is set forth in boxes 7, 8, 9 and 10, respectively, on the second part of the cover page to the Schedule 13D for each of the Reporting Persons, and such information is incorporated herein by reference.

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| | | |
|:---|:---|:---|
|  | SCHEDULE 13D |  |
| CUSIP No: 489398107 |  | Page **7** of **8** Pages |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Except as set forth in Items 3 and 4 of this Amendment No. 2, none of the Reporting Persons, nor, to the best knowledge of the Reporting Persons, any person listed in Exhibit H of this Amendment No. 2, has acquired or disposed of any Shares during the last 60 days.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) As of January 31, 2023, Quinton Heights ceased to be the beneficial owner of more than five percent of the Shares.

**Item 6.** **Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer**<br>

*Item 6 of the Schedule 13D is hereby amended and supplemented as follows:*

The response to Item 3 above is hereby incorporated by reference herein.

On August 3, 2022, Kennedy Wilson entered into a letter agreement with Quinton Heights and Security Benefit Life (the "Letter Agreement"), pursuant to which Kennedy Wilson agreed not to exercise its optional redemption right with respect to any Shares under Section 7(b) of the Certificate of Designations, which was filed as Exhibit D to the Initial Schedule 13D, at any time prior to October 15, 2025.

The description herein of the Letter Agreement does not purport to be complete and is subject to, and qualified in its entirety by reference to, the Letter Agreement, a copy of which has been filed as Exhibit G to this Amendment No. 2.

**Item 7.** **Material to be Filed as Exhibits**<br>

*Item 7 of the Schedule 13D is hereby amended and supplemented as follows:*

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| | |
|:---|:---|
| [Exhibit F:](brhc10047455_ex-f.htm) | Assignment Agreement, dated as of January 31, 2023, by and between Quinton Heights, LLC and Security Benefit Life Insurance Company |
| Exhibit G: | Letter Agreement, dated as of August 3, 2022, by and among Kennedy-Wilson Holdings, Inc., Quinton Heights, LLC and Security Benefit Life Insurance Company (incorporated by reference to Exhibit 10.4 to the quarterly report on Form 10-Q filed by Kennedy-Wilson Holdings, Inc. on August 5, 2022) |
| [Exhibit H:](brhc10047455_ex-h.htm) | Certain Information About the Executive Officers and Directors of Security Benefit Life Insurance Company |

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**SCHEDULE 13D <br> CUSIP No: 489398107 Page 8 of 8 Pages**

#### <br>

#### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

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| | |
|:---|:---|
| /s/ Todd L. Boehly | /s/ Todd L. Boehly |
| **Eldridge Industries, LLC** | **Eldridge Industries, LLC** |
| By: | /s/ Todd L. Boehly |
|  | Name: Todd L. Boehly |
|  | Title: Authorized Signatory |

---

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| | |
|:---|:---|
| **Security Benefit Life Insurance Company** | **Security Benefit Life Insurance Company** |
| By: | /s/ Joseph Wittrock |
|  | Name: Joseph Wittrock |
|  | Title: Chief Investment Officer |

---

---

| | | |
|:---|:---|:---|
|  | **Quinton Heights, LLC** | **Quinton Heights, LLC** |
|  | By: | /s/ Todd L. Boehly |
|  |  | Name: Todd L. Boehly |
|  |  | Title: Authorized Signatory |
| February 2, 2023 |  |  |

---

*Attention: Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001).*

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## Ex-99.F

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**EXHIBIT F**<br>

#### ASSIGNMENT AGREEMENT
This ASSIGNMENT AGREEMENT (this "***Agreement***") is entered into effective as of January 31, 2023 ("***Effective Date***") by and between Quinton Heights, LLC (the "***Assignor***") and Security Benefit Life Insurance Company (the "***Assignee***"). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the 5.75% Series A Cumulative Perpetual Convertible Preferred Stock Purchase Agreement, dated October 17, 2019.

#### RECITALS:
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Assignor holds 80,000 shares of Series A Preferred Stock of Kennedy-Wilson Holdings, Inc. (the "***Company***"), representing 26.66666% of the outstanding shares of Series A Preferred Stock of the Company; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Assignor desires to sell, convey, assign and transfer 80,000 shares of the Series A Preferred Stock of the Company (the "***Series A Shares***"), which current equity value is $58,267,600.00, to the Assignee and the Assignee is willing to accept the sale, assignment, conveyance and transfer of the Series A Shares from the Assignor.

#### AGREEMENT:
In consideration of the mutual promises of the parties hereinafter set forth and of other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as set forth below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Assignment</u>. The Assignor hereby sells, conveys, assigns and transfers to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, the Series A Shares (the "***Assignment***"). As a result of the Assignment, the Assignee shall succeed to all of the rights and be subject to all of the obligations of the Assignor with respect to the Series A Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Purchase Price</u>. In consideration of the Assignment, the Assignee shall, on the Effective Date, pay in cash to the Assignor the aggregate purchase price of $58,267,600.00.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Further Assurances</u>. The Assignor hereby covenants and agrees to execute and deliver, or cause to be executed and delivered, and to do or make, or cause to be done or made, upon the reasonable request of the Assignee, any and all instruments, papers, acts or things, supplemental, confirmatory or otherwise, as may be reasonably required by the Assignee for the purpose of effecting, completing, and perfecting the assignment and transfer to the Assignee and its successors and assigns, of all of the right, title and interest of the Assignor in and to the Series A Shares hereby conveyed, assigned and delivered.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Successors and Assigns</u>. This Agreement shall bind and inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors and permitted assigns.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Governing Law</u>. This Agreement and all rights, remedies and obligations of the parties hereunder will be governed by, interpreted and enforced in accordance with the laws of the State of New York without giving effect to any otherwise applicable principles or rules governing the conflict of laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severability</u>. In the event any provision of this Agreement is found void or unenforceable, the provision shall nevertheless be construed so as to remain binding to the fullest extent possible and the remaining provisions of this Agreement shall be binding with the same effect as if the void or unenforceable provision or portion of a provision were deleted.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Entire Agreement</u>. This Agreement constitutes the entire agreement between the parties relating to the subject matter hereof. No change, amendment or modification of this Agreement shall be valid unless the same shall be in writing and signed by the parties hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Counterparts</u>. This Agreement may be signed in multiple counterparts, each of which shall be deemed an original, but both of which shall constitute one and the same document. Delivery of an executed counterpart of a signature page of this Agreement by facsimile or other electronic transmission shall be effective as delivery of a manually executed counterpart hereof.

[Remainder of Page Intentionally Left Blank]

------

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the Effective Date.

---

| |
|:---|
| **ASSIGNOR:** |
| **QUINTON HEIGHTS, LLC** |
| By: <u>/s/ Anthony D. Minella</u> |
| Name: Anthony D. Minella |
| Title: President |
| **ASSIGNEE:** |
| **SECURITY BENEFIT LIFE INSURANCE COMPANY** |
| By: <u>/s/ Blaine Hirsch</u> |
| Name: Blaine Hirsch |
| Title: Vice President |

---

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## Ex-99.H

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#### EXHIBIT H

#### <br>

#### CERTAIN INFORMATION ABOUT

#### THE EXECUTIVE OFFICERS AND DIRECTORS OF SECURITY BENEFIT LIFE

#### <br>
Set forth below is certain information with respect to each executive officer and director of Security Benefit Life, including name, present principal occupation or employment, and the name, principal business, and address of any corporation or other organization in which such employment is conducted. Each natural person listed below is a citizen of the United States.

---

| | | |
|:---|:---|:---|
| **Name** | **Principal occupation or employment** | **Business Address** |
| Michael Kiley - Director (Chairman) | Chairman of the Board of Directors of Security Benefit Life and related companies | One Security Benefit Place, Topeka, KS 66636 |
| Douglas Wolff – CEO and Director | CEO of Security Benefit Life and related companies | One Security Benefit Place, Topeka, KS 66636 |
| Barry Ward - CFO, Chief Risk Officer, Treasurer and Director | CFO, Chief Risk Officer and Treasurer of Security Benefit Life and related companies | One Security Benefit Place, Topeka, KS 66636 |
| John Guyot - General Counsel, Secretary and Director | General Counsel and Secretary of Security Benefit Life and related companies | One Security Benefit Place, Topeka, KS 66636 |
| Jacquline Morales - COO and Director | COO of Security Benefit Life and related companies | One Security Benefit Place, Topeka, KS 66636 |
| Roger Offermann - Chief Actuary, Chief Product Officer and Director | Chief Actuary and Chief Product Officer of Security Benefit Life and related companies | One Security Benefit Place, Topeka, KS 66636 |
| Joseph Wittrock - Chief Investment Officer and Director | Chief Investment Officer of Security Benefit Life and related companies | One Security Benefit Place, Topeka, KS 66636 |
| Jenifer Purvis - Chief Human Resources Officer | Chief Human Resources Officer of Security Benefit Life and related companies | One Security Benefit Place, Topeka, KS 66636 |

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