BBR Partners, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), BBR Partners, LLC reported 244 stock positions worth $1.4 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 39.2% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 7.5%) and KKR (KKR, 5.5%). Compared with Q4 2024, it opened 12 new positions, sold out of 17, added to 41 and reduced 74. The biggest buy was KKR (KKR, shares +193%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001352467
- Portfolio Value
- $1.4B (Q1 2025)
- SEC Filing
- 0001352467-25-000004 ↗ filed May 14, 2025
Holdings Value
Holdings 244 stocks · $1.4B
| SPY SS SPDR S&P 500 ETF Trust-US | 39.18% | 991,648 | $554.7M | Reduce -0.6% |
| IVV iShares Core S&P 500 ETF | 7.52% | 189,448 | $106.5M | Add +0.3% |
| KKR KKR & Co. Inc. | 5.50% | 673,550 | $77.9M | Add +193.2% |
| UPS United Parcel Service Class B | 5.01% | 645,460 | $71.0M | Reduce -0.1% |
| HAYW Hayward Holdings Inc. | 4.33% | 4,408,039 | $61.4M | No change |
| AAPL Apple Inc. | 3.40% | 216,814 | $48.2M | Reduce -1.9% |
| VOO Vanguard S&P 500 ETF | 2.04% | 56,197 | $28.9M | Add +0.1% |
| MSFT Microsoft Corp. | 2.03% | 76,459 | $28.7M | Reduce -0.9% |
| VTI VG Morningstar TS MKT ETF-US | 1.74% | 89,871 | $24.7M | Add +0.0% |
| PM Philip Morris International | 1.67% | 148,614 | $23.6M | Reduce -0.0% |
| RSP Invesco S&P 500 Equal Weight | 1.59% | 129,617 | $22.5M | No change |
| VGT Vanguard Info Tech ETF | 1.23% | 31,981 | $17.3M | No change |
| GOOGL Alphabet Inc. Class A | 1.06% | 97,312 | $15.0M | Reduce -1.5% |
| ABBV Abbvie Inc. | 0.87% | 58,524 | $12.3M | Reduce -0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.66% | 17,438 | $9.3M | Reduce -0.4% |
| GOOG Alphabet Inc. Class C | 0.64% | 58,063 | $9.1M | Reduce -2.3% |
| AMZN Amazon.com Inc. | 0.63% | 46,724 | $8.9M | Reduce -1.3% |
| XOM Exxon Mobil Corp. | 0.62% | 73,794 | $8.8M | Reduce -0.2% |
| DGRO iShares Core Dividend Growth | 0.60% | 137,693 | $8.5M | Add +0.0% |
| JPM JPMorgan Chase & Co. | 0.57% | 32,726 | $8.0M | Reduce -2.2% |
| ASHR Xtrackers Harvest Csi 300 CH | 0.56% | 298,919 | $7.9M | No change |
| ABT Abbott Laboratories | 0.54% | 57,161 | $7.6M | Reduce -0.1% |
| DMRC Digimarc Corp. | 0.50% | 556,095 | $7.1M | New |
| WMT Walmart Inc. | 0.49% | 78,964 | $6.9M | Add +0.0% |
| MO Altria Group Inc. | 0.46% | 107,791 | $6.5M | No change |
| MDLZ Mondelez International Inc. Class A | 0.39% | 80,914 | $5.5M | Reduce -0.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.36% | 84,911 | $5.2M | Add +27.7% |
| MA Mastercard Inc. Class A | 0.36% | 9,305 | $5.1M | Reduce -2.5% |
| GS Goldman Sachs Group Inc. | 0.35% | 9,045 | $4.9M | Reduce -0.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.35% | 18,980 | $4.9M | Add +0.1% |
| ACWI iShares MSCI Acwi ETF | 0.34% | 41,915 | $4.9M | Add +73.6% |
| JNJ Johnson & Johnson | 0.33% | 28,305 | $4.7M | Reduce -0.2% |
| UNP Union Pacific Corp. | 0.32% | 19,472 | $4.6M | Reduce -2.4% |
| XLV SS Health Care Select Sector | 0.29% | 28,082 | $4.1M | Add +0.8% |
| DFAT Dimensional US Target Value | 0.27% | 74,746 | $3.8M | No change |
| V Visa Inc. Class A | 0.27% | 10,791 | $3.8M | Add +1.2% |
| META Meta Platforms Inc. Class A | 0.27% | 6,514 | $3.8M | Add +6.5% |
| KMI Kinder Morgan Inc. | 0.26% | 130,756 | $3.7M | No change |
| OEF iShares S&P 100 ETF | 0.26% | 13,441 | $3.6M | No change |
| URTH iShares MSCI World ETF | 0.25% | 23,452 | $3.6M | Add +0.2% |
| BP BP PLC-Spons ADR | 0.24% | 102,594 | $3.5M | No change |
| ARCC Ares Capital Corp. | 0.24% | 156,198 | $3.5M | Add +0.0% |
| IWF iShares Russell 1000 Growth | 0.24% | 9,484 | $3.4M | No change |
| IQLT iShares MSCI International Q | 0.24% | 84,916 | $3.4M | No change |
| MLAB Mesa Laboratories Inc. | 0.23% | 27,595 | $3.3M | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.23% | 316,026 | $3.2M | No change |
| DSI iShares ESG MSCI KLD 400 ETF | 0.23% | 31,513 | $3.2M | Reduce -2.5% |
| CVX Chevron Corp. | 0.23% | 19,222 | $3.2M | Reduce -1.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.23% | 4 | $3.2M | No change |
| VXUS Vanguard Total Intl Stock | 0.22% | 49,912 | $3.1M | Add +0.0% |
| COST Costco Wholesale Corp. | 0.20% | 3,015 | $2.9M | Reduce -4.8% |
| AMAT Applied Materials Inc. | 0.20% | 19,143 | $2.8M | No change |
| GLD SPDR Gold Shares | 0.20% | 9,629 | $2.8M | No change |
| IBIT iShares Bitcoin Trust ETF | 0.19% | 58,514 | $2.7M | Add +5.4% |
| AXS Axis Capital Holdings Ltd. | 0.19% | 26,666 | $2.7M | No change |
| DOV Dover Corp. | 0.17% | 14,000 | $2.5M | Reduce -0.2% |
| SHEL Shell PLC-ADR | 0.17% | 32,890 | $2.4M | No change |
| VTIP Vanguard Short-Term Tips | 0.16% | 46,632 | $2.3M | No change |
| APO Apollo Global Management Inc. | 0.15% | 16,015 | $2.2M | No change |
| MCD McDonald's Corp. | 0.15% | 7,000 | $2.2M | No change |
| SOC Sable Offshore Corp. | 0.15% | 84,842 | $2.2M | Add +30.8% |
| QTEC First Trust Nasdq 100 Tech I | 0.15% | 11,888 | $2.1M | No change |
| PH Parker Hannifin Corp. | 0.14% | 3,378 | $2.1M | No change |
| KO The Coca-Cola Co. | 0.14% | 28,572 | $2.0M | Reduce -0.6% |
| AMGN Amgen Inc. | 0.14% | 6,239 | $1.9M | No change |
| HD Home Depot Inc. | 0.13% | 5,185 | $1.9M | Reduce -6.1% |
| IWD iShares Russell 1000 Value E | 0.13% | 10,056 | $1.9M | No change |
| PFG Principal Financial Group | 0.13% | 22,020 | $1.9M | Reduce -0.1% |
| ADP Automatic Data Processing | 0.13% | 6,046 | $1.8M | Reduce -3.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.13% | 3,842 | $1.8M | Add +16.4% |
| HROW Harrow Inc. | 0.12% | 62,000 | $1.6M | No change |
| VEA Vanguard Ftse Developed ETF | 0.11% | 31,271 | $1.6M | Add +8.5% |
| PG The Procter & Gamble Co. | 0.11% | 9,069 | $1.5M | Reduce -0.9% |
| RBLX Roblox Corp. Class A | 0.11% | 25,955 | $1.5M | No change |
| AON Aon PLC Class A | 0.10% | 3,669 | $1.5M | No change |
| EPD Enterprise Products Partners | 0.10% | 42,500 | $1.5M | No change |
| IYW iShares Ustechnology ETF | 0.10% | 10,226 | $1.4M | Add +102.6% |
| CAT Caterpillar Inc. | 0.10% | 4,147 | $1.4M | Reduce -0.4% |
| CBRE CBRE Group Inc. Class A | 0.10% | 10,402 | $1.4M | Reduce -0.3% |
| LLY Eli Lilly & Co. | 0.09% | 1,616 | $1.3M | Reduce -12.5% |
| PSX Phillips 66 | 0.09% | 10,780 | $1.3M | New |
| IVW iShares S&P 500 Growth ETF | 0.09% | 14,102 | $1.3M | No change |
| LBTYA Liberty Global Ltd. Class A | 0.09% | 110,000 | $1.3M | Reduce -26.7% |
| CSCO Cisco Systems Inc. | 0.09% | 20,405 | $1.3M | Add +0.3% |
| GE General Electric filed as GE AEROSPACE | 0.09% | 6,256 | $1.3M | Reduce -0.8% |
| WFC Wells Fargo & Co. | 0.09% | 17,439 | $1.3M | Reduce -0.7% |
| IVE iShares S&P 500 Value ETF | 0.09% | 6,352 | $1.2M | No change |
| NOBL Proshares S&P 500 Dividend A | 0.08% | 11,675 | $1.2M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.08% | 12,052 | $1.2M | Reduce -8.3% |
| AGG iShares Core U.S. Aggregate | 0.08% | 11,985 | $1.2M | Reduce -0.4% |
| GRAL Grail Inc. | 0.08% | 45,001 | $1.1M | Reduce -10.0% |
| AMT American Tower Corp. | 0.08% | 4,906 | $1.1M | Reduce -2.9% |
| BXSL Blackstone Secured Lending F | 0.07% | 32,516 | $1.1M | Add +5.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.07% | 4,185 | $1.0M | Reduce -3.8% |
| LENZ Lenz Therapeutics Inc. | 0.07% | 40,000 | $1.0M | No change |
| AMLP Alerian MLP ETF | 0.07% | 19,739 | $1.0M | No change |
| TOST Toast Inc. Class A | 0.07% | 29,989 | $995K | Reduce -8.2% |
| SNREY Sunrise Communicat Class A | 0.07% | 20,000 | $966K | Reduce -28.6% |
| BITB Bitwise Bitcoin ETF | 0.07% | 21,500 | $965K | No change |
| CMI Cummins Inc. | 0.07% | 3,064 | $960K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $92K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 40,649 | $92K | No change |
Total filed on the 13F, all lines: $1.4B.
Portfolio Sells Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.6% | 39.18% | −1.63 |
| UPS United Parcel Service Class B | Reduce -0.1% | 5.01% | −0.67 |
| AAPL Apple Inc. | Reduce -1.9% | 3.40% | −0.46 |
| HUM Humana Inc. | Reduce -90.0% | 0.04% | −0.34 |
| GOOGL Alphabet Inc. Class A | Reduce -1.5% | 1.06% | −0.24 |
| MSFT Microsoft Corp. | Reduce -0.9% | 2.03% | −0.24 |
| GOOG Alphabet Inc. Class C | Reduce -2.3% | 0.64% | −0.15 |
| ACI Albertsons Cos Inc. Class A | Sold out | 0.00% | −0.14 |
| AMZN Amazon.com Inc. | Reduce -1.3% | 0.63% | −0.10 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.06 |
| GBDC Golub Capital BDC Inc. | Sold out | 0.00% | −0.05 |
| LBTYA Liberty Global Ltd. Class A | Reduce -26.7% | 0.09% | −0.04 |
| WES Western Midstream Partners L | Sold out | 0.00% | −0.04 |
| TSVT 2SEVENTY Bio Inc. | Sold out | 0.00% | −0.04 |
| VGSH Vanguard Short-Term Treasury | Reduce -65.0% | 0.02% | −0.04 |
| TRP TC Energy Corp. | Sold out | 0.00% | −0.03 |
| PEP Pepsico Inc. | Reduce -48.4% | 0.03% | −0.03 |
| RACE Ferrari NV | Sold out | 0.00% | −0.03 |
| BRSL Brightstar Lottery PLC | Reduce -57.1% | 0.02% | −0.03 |
| IWM iShares Russell 2000 ETF | Reduce -31.4% | 0.04% | −0.03 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -2.5% | 0.23% | −0.02 |
| PFE Pfizer Inc. | Reduce -21.9% | 0.06% | −0.02 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.02 |
| DIS The Walt Disney Co. | Reduce -8.3% | 0.08% | −0.02 |
| NVDA Nvidia Corp. | Reduce -4.4% | 0.06% | −0.02 |
| WRBY Warby Parker Inc. Class A | Sold out | 0.00% | −0.02 |
| PNC PNC Financial Services Group | Sold out | 0.00% | −0.02 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.02 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.02 |
| SNREY Sunrise Communicat Class A | Reduce -28.6% | 0.07% | −0.02 |
| RAMP Liveramp Holdings Inc. | Sold out | 0.00% | −0.02 |
| HD Home Depot Inc. | Reduce -6.1% | 0.13% | −0.02 |
| MAR Marriott International Class A | Sold out | 0.00% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.01 |
| AXP American Express Co. | Reduce -29.8% | 0.02% | −0.01 |
| TOST Toast Inc. Class A | Reduce -8.2% | 0.07% | −0.01 |
| GS Goldman Sachs Group Inc. | Reduce -0.1% | 0.35% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -12.1% | 0.04% | −0.01 |
| DOV Dover Corp. | Reduce -0.2% | 0.17% | −0.01 |
| BMVP Invesco Bloomberg MVP Multi- | Reduce -33.9% | 0.02% | −0.01 |
| TSLA Tesla Inc. | Reduce -1.8% | 0.02% | −0.01 |
| CAT Caterpillar Inc. | Reduce -0.4% | 0.10% | −0.01 |
| FPI Farmland Partners Inc. | Reduce -40.0% | 0.01% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -26.3% | 0.03% | −0.01 |
| NKE Nike Inc. Class B | Reduce -17.3% | 0.02% | −0.01 |
| ADBE Adobe Inc. | Reduce -19.6% | 0.02% | −0.01 |
| BAC Bank of America Corp. | Reduce -17.5% | 0.02% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -1.1% | 0.06% | −0.01 |
| LGF.B Lions Gate Entertainment-B | Reduce -20.0% | 0.03% | −0.01 |
| DHR Danaher Corp. | Reduce -19.2% | 0.02% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| KKR KKR & Co. Inc. | Add +193.2% | 5.50% | +3.13 |
| DMRC Digimarc Corp. | New | 0.50% | +0.50 |
| MLAB Mesa Laboratories Inc. | New | 0.23% | +0.23 |
| ACWI iShares MSCI Acwi ETF | Add +73.6% | 0.34% | +0.15 |
| VEU Vanguard Ftse All-World Ex-U | Add +27.7% | 0.36% | +0.10 |
| PSX Phillips 66 | New | 0.09% | +0.09 |
| SOC Sable Offshore Corp. | Add +30.8% | 0.15% | +0.05 |
| IYW iShares Ustechnology ETF | Add +102.6% | 0.10% | +0.05 |
| V Visa Inc. Class A | Add +1.2% | 0.27% | +0.03 |
| GEL Genesis Energy L.P. | Add +0.2% | 0.07% | +0.02 |
| XLV SS Health Care Select Sector | Add +0.8% | 0.29% | +0.02 |
| VEEV Veeva Systems Inc. Class A | Add +77.5% | 0.04% | +0.02 |
| ACWX iShares MSCI Acwi Ex US ETF | New | 0.02% | +0.02 |
| NEM Newmont Corp. | New | 0.02% | +0.02 |
| AJG Arthur J Gallagher & Co. | New | 0.02% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +8.5% | 0.11% | +0.02 |
| HUDSON PAC PPTYS INC | New | 0.02% | +0.02 |
| META Meta Platforms Inc. Class A | Add +6.5% | 0.27% | +0.02 |
| BAX Baxter International Inc. | New | 0.01% | +0.01 |
| CHX Championx Corp. | New | 0.01% | +0.01 |
| VXUS Vanguard Total Intl Stock | Add +0.0% | 0.22% | +0.01 |
| DGRO iShares Core Dividend Growth | Add +0.0% | 0.60% | +0.01 |
| TRML Tourmaline Bio Inc. | New | 0.01% | +0.01 |
| FEZ State Street SPDR Euro Stoxx | Add +24.5% | 0.04% | +0.01 |
| BA The Boeing Co. | Add +22.4% | 0.06% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +16.4% | 0.13% | +0.01 |
| THRD Third Harmonic Bio Inc. | New | 0.01% | +0.01 |
| ARCC Ares Capital Corp. | Add +0.0% | 0.24% | +0.01 |
| BXSL Blackstone Secured Lending F | Add +5.9% | 0.07% | +0.01 |
| CSCO Cisco Systems Inc. | Add +0.3% | 0.09% | +0.00 |
| BATRK Atlanta Braves Holdings in-C | Add +7.2% | 0.04% | +0.00 |
| XLE SS Energy Select Sector | Add +0.6% | 0.04% | +0.00 |
| LNG Cheniere Energy Inc. | Add +2.4% | 0.03% | +0.00 |
| SMRT Smartrent Inc. | New | 0.00% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +0.4% | 0.04% | +0.00 |
| EEMA iShares MSCI Emerg MRKT Asia | Add +0.3% | 0.02% | +0.00 |
| INTU Intuit Inc. | Add +4.5% | 0.02% | +0.00 |
| NEE Nextera Energy Inc. | Add +0.4% | 0.06% | +0.00 |
| KHC The Kraft Heinz Co. | Add +0.0% | 0.06% | +0.00 |
| JRVR James River Group Holdings I | Add +14.3% | 0.01% | 0.00 |
| URTH iShares MSCI World ETF | Add +0.2% | 0.25% | −0.00 |
| SHOP Shopify Inc. Class A | Add +9.4% | 0.04% | −0.00 |
| DFAC Dimensional US Core Equity 2 | Add +0.1% | 0.04% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.1% | 0.35% | −0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.5% | 0.04% | −0.00 |
| LXRX Lexicon Pharmaceuticals Inc. | Add +21.3% | 0.02% | −0.01 |
| BX Blackstone Inc. | Add +0.0% | 0.03% | −0.01 |
| WMT Walmart Inc. | Add +0.0% | 0.49% | −0.01 |
| AVGO Broadcom Inc. | Add +4.0% | 0.03% | −0.01 |
| IBIT iShares Bitcoin Trust ETF | Add +5.4% | 0.19% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 250 | $2.1B | SPY, ILOW, IVV, UPS, AAPL |
| Q1 2026 | 253 | $1.8B | SPY, ILOW, IVV, UPS, AAPL |
| Q4 2025 | 266 | $1.9B | SPY, ILOW, IVV, UPS, AAPL |
| Q3 2025 | 269 | $1.7B | SPY, ILOW, IVV, UPS, AAPL |
| Q2 2025 | 235 | $1.6B | SPY, IVV, ILOW, UPS, HAYW |
| Q1 2025 | 244 | $1.4B | SPY, IVV, KKR, UPS, HAYW |
| Q4 2024 | 249 | $1.4B | SPY, IVV, UPS, HAYW, AAPL |
| Q3 2024 | 241 | $1.3B | SPY, IVV, UPS, AAPL, VOO |
| Q2 2024 | 218 | $1.2B | SPY, IVV, UPS, AAPL, VOO |
| Q1 2024 | 253 | $1.2B | SPY, IVV, UPS, VOO, AAPL |