<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <headerData>
    <submissionType>SCHEDULE 13D/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001868088</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>3</amendmentNo>
      <securitiesClassTitle>Class A common stock, par value $0.00001 per share</securitiesClassTitle>
      <dateOfEvent>03/12/2025</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0001973266</issuerCIK>
        <issuerCUSIP>87256C101</issuerCUSIP>
        <issuerName>TKO Group Holdings, Inc.</issuerName>
        <address>
          <street1 xmlns="http://www.sec.gov/edgar/common">200 FIFTH AVE</street1>
          <city xmlns="http://www.sec.gov/edgar/common">NEW YORK</city>
          <stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
          <zipCode xmlns="http://www.sec.gov/edgar/common">10010</zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Andrew J. Schader, Esq.</personName>
          <personPhoneNum>212-981-5600</personPhoneNum>
          <personAddress>
            <street1 xmlns="http://www.sec.gov/edgar/common">c/o Silver Lake 55 Hudson Yards</street1>
            <street2 xmlns="http://www.sec.gov/edgar/common">550 West 34th Street, 40th Floor</street2>
            <city xmlns="http://www.sec.gov/edgar/common">New York</city>
            <stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
            <zipCode xmlns="http://www.sec.gov/edgar/common">10001</zipCode>
          </personAddress>
        </notificationInfo>
        <notificationInfo>
          <personName>Kenneth B. Wallach, Esq.</personName>
          <personPhoneNum>212-455-2000</personPhoneNum>
          <personAddress>
            <street1 xmlns="http://www.sec.gov/edgar/common">Simpson Thacher &amp; Bartlett LLP</street1>
            <street2 xmlns="http://www.sec.gov/edgar/common">425 Lexington Avenue</street2>
            <city xmlns="http://www.sec.gov/edgar/common">New York</city>
            <stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
            <zipCode xmlns="http://www.sec.gov/edgar/common">10017</zipCode>
          </personAddress>
        </notificationInfo>
        <notificationInfo>
          <personName>Hui Lin, Esq.</personName>
          <personPhoneNum>212-455-2000</personPhoneNum>
          <personAddress>
            <street1 xmlns="http://www.sec.gov/edgar/common">Simpson Thacher &amp; Bartlett LLP</street1>
            <street2 xmlns="http://www.sec.gov/edgar/common">425 Lexington Avenue</street2>
            <city xmlns="http://www.sec.gov/edgar/common">New York</city>
            <stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
            <zipCode xmlns="http://www.sec.gov/edgar/common">10017</zipCode>
          </personAddress>
        </notificationInfo>
        <notificationInfo>
          <personName>Jessica Asrat, Esq.</personName>
          <personPhoneNum>212-455-2000</personPhoneNum>
          <personAddress>
            <street1 xmlns="http://www.sec.gov/edgar/common">Simpson Thacher &amp; Bartlett LLP</street1>
            <street2 xmlns="http://www.sec.gov/edgar/common">425 Lexington Avenue</street2>
            <city xmlns="http://www.sec.gov/edgar/common">New York</city>
            <stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
            <zipCode xmlns="http://www.sec.gov/edgar/common">10017</zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0001868088</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Silver Lake West HoldCo, L.P.</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>DE</citizenshipOrOrganization>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>120563082</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>120563082</sharedDispositivePower>
        <aggregateAmountOwned>120563082</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>61</percentOfClass>
        <typeOfReportingPerson>PN</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>Silver Lake West HoldCo II, L.P.</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>DE</citizenshipOrOrganization>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>120563082</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>120563082</sharedDispositivePower>
        <aggregateAmountOwned>120563082</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>61</percentOfClass>
        <typeOfReportingPerson>PN</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>Silver Lake West VoteCo, L.L.C.</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>DE</citizenshipOrOrganization>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>120563082</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>120563082</sharedDispositivePower>
        <aggregateAmountOwned>120563082</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>61</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>Egon Durban</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>120563082</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>120563082</sharedDispositivePower>
        <aggregateAmountOwned>120563082</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>61</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Class A common stock, par value $0.00001 per share</securityTitle>
        <issuerName>TKO Group Holdings, Inc.</issuerName>
        <issuerPrincipalAddress>
          <street1 xmlns="http://www.sec.gov/edgar/common">200 FIFTH AVE</street1>
          <city xmlns="http://www.sec.gov/edgar/common">NEW YORK</city>
          <stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
          <zipCode xmlns="http://www.sec.gov/edgar/common">10010</zipCode>
        </issuerPrincipalAddress>
        <commentText>This Amendment No. 3 ("Amendment No. 3") is being filed by Silver Lake West HoldCo, L.P., Silver Lake West HoldCo II, L.P., Silver Lake West VoteCo, L.L.C. and Egon Durban (collectively, the "Reporting Persons"), and amends the Schedule 13D initially filed relating to the shares of Class A common stock, par value $0.00001 per share (the "Class A Common Stock") of TKO Group Holdings, Inc., a Delaware corporation (the "Issuer") on February 6, 2025, as amended by Amendment No. 1 filed on February 18, 2025, as amended by Amendment No. 2 filed on February 28, 2025 (as amended, the "Schedule 13D").  Except as specifically provided herein, this Amendment No. 3 does not modify any of the information previously reported in the Schedule 13D. Capitalized terms used herein and not otherwise defined have the meanings ascribed to them in the Schedule 13D.

This Amendment No. 3 is being filed to update the Item 6 disclosure regarding the Second Amendment (defined below) and not in connection with the purchase or disposition of  Class A Common Stock by the Reporting Persons.</commentText>
      </item1>
      <item3>
        <fundsSource>Item 3 of the Schedule 13D is hereby amended and supplemented as follows:

The information set forth in Item 6 of this Schedule 13D is hereby incorporated by reference into this Item 3.

The securities reported in this Schedule 13D are held solely by subsidiaries of EGH. Investment funds managed by Silver Lake do not directly hold any equity securities of the Issuer.
</fundsSource>
      </item3>
      <item6>
        <contractDescription>Item 6 of the Schedule 13D is hereby amended and supplemented as follows:

On March 12, 2025, January Holdco entered into a second amendment to the Margin Loan Agreement (the "Second Amendment"), increasing the facility size thereunder to $3.0 billion. The remaining $1.925 billion available under the Margin Loan Agreement, after giving effect to the Second Amendment, was drawn on March 12, 2025. No additional securities were pledged as collateral under the Second Amendment.  All other material terms of the Margin Loan Agreement as previously reported by the Issuer remain unchanged.
</contractDescription>
      </item6>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>Silver Lake West HoldCo, L.P.</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Andrew J. Schader</signature>
          <title>Andrew J. Schader, Attorney-in-fact for Egon  Durban, Managing Member of Silver Lake West VoteCo,  L.L.C.</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Silver Lake West HoldCo II, L.P.</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Andrew J. Schader</signature>
          <title>Andrew J. Schader, Attorney-in-fact for Egon  Durban, Managing Member of Silver Lake West VoteCo,  L.L.C.</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Silver Lake West VoteCo, L.L.C.</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Andrew J. Schader</signature>
          <title>Andrew J. Schader, Attorney-in-fact for Egon  Durban, Managing Member of Silver Lake West VoteCo,  L.L.C.</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Egon Durban</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Andrew J. Schader</signature>
          <title>Andrew J. Schader, Attorney-in-fact for Egon  Durban</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>
</edgarSubmission>
