BBR Partners, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), BBR Partners, LLC reported 266 stock positions worth $1.9 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 38.3% of the portfolio, followed by AB Internal Low Volat Eq ETF (ILOW, 9.7%) and iShares Core S&P 500 ETF (IVV, 6.8%). Compared with Q3 2025, it opened 22 new positions, sold out of 25, added to 62 and reduced 87. The biggest buy was AB Internal Low Volat Eq ETF (ILOW, shares +17%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001352467
- Portfolio Value
- $1.9B (Q4 2025)
- SEC Filing
- 0001352467-26-000001 ↗ filed Feb 11, 2026
Holdings Value
Holdings 266 stocks · $1.9B
| SPY SS SPDR S&P 500 ETF Trust-US | 38.26% | 1,045,576 | $713.0M | Add +2.7% |
| ILOW AB Internal Low Volat Eq ETF filed as AB ACTIVE ETFS INC | 9.74% | 4,263,472 | $181.6M | Add +17.2% |
| IVV iShares Core S&P 500 ETF | 6.84% | 186,242 | $127.6M | Reduce -1.7% |
| UPS United Parcel Service Class B | 4.01% | 754,275 | $74.8M | Reduce -0.3% |
| AAPL Apple Inc. | 3.35% | 229,592 | $62.4M | Add +7.0% |
| MSFT Microsoft Corp. | 2.00% | 77,160 | $37.3M | Add +0.6% |
| VTI VG Morningstar TS MKT ETF-US | 1.92% | 106,707 | $35.8M | Add +0.0% |
| VOO Vanguard S&P 500 ETF | 1.69% | 50,304 | $31.5M | Reduce -8.0% |
| GOOGL Alphabet Inc. Class A | 1.45% | 86,047 | $26.9M | Reduce -0.6% |
| KKR KKR & Co. Inc. | 1.44% | 210,845 | $26.9M | Reduce -0.9% |
| LPRE Long Pond Real Estat Sel ETF | 1.36% | 946,211 | $25.3M | Add +58.6% |
| VGT Vanguard Info Tech ETF | 1.29% | 31,981 | $24.1M | No change |
| RSP Invesco S&P 500 Equal Weight | 1.28% | 124,113 | $23.8M | Reduce -2.5% |
| PM Philip Morris International | 1.19% | 138,678 | $22.2M | Add +0.0% |
| GOOG Alphabet Inc. Class C | 1.01% | 60,090 | $18.9M | Add +1.3% |
| GLD SPDR Gold Shares | 0.93% | 43,780 | $17.4M | Reduce -1.7% |
| ABBV Abbvie Inc. | 0.67% | 54,246 | $12.4M | Reduce -0.1% |
| ITOT iShares Core S&P Total U.S. | 0.57% | 71,285 | $10.6M | New |
| AMZN Amazon.com Inc. | 0.56% | 45,419 | $10.5M | Add +3.3% |
| ASHR Xtrackers Harvest Csi 300 CH | 0.53% | 299,180 | $9.8M | Add +0.1% |
| DGRO iShares Core Dividend Growth | 0.52% | 138,391 | $9.6M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 0.51% | 29,556 | $9.5M | Reduce -0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.50% | 18,408 | $9.3M | Add +5.3% |
| XOM Exxon Mobil Corp. | 0.48% | 73,926 | $8.9M | Reduce -0.5% |
| WMT Walmart Inc. | 0.47% | 77,924 | $8.7M | Reduce -0.3% |
| IYW iShares Ustechnology ETF | 0.44% | 41,173 | $8.2M | Add +33.9% |
| GS Goldman Sachs Group Inc. | 0.43% | 9,210 | $8.1M | Add +1.4% |
| ABT Abbott Laboratories | 0.37% | 54,878 | $6.9M | Reduce -0.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.36% | 23,044 | $6.7M | Add +7.5% |
| JNJ Johnson & Johnson | 0.34% | 30,596 | $6.3M | Add +3.2% |
| MO Altria Group Inc. | 0.33% | 107,765 | $6.2M | Reduce -0.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.33% | 83,740 | $6.2M | Reduce -0.4% |
| ACWI iShares MSCI Acwi ETF | 0.32% | 41,566 | $5.9M | Add +0.0% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.29% | 42,474 | $5.5M | Reduce -0.5% |
| MA Mastercard Inc. Class A | 0.29% | 9,505 | $5.4M | Add +3.2% |
| IWF iShares Russell 1000 Growth | 0.28% | 11,183 | $5.3M | Add +4.3% |
| IBIT iShares Bitcoin Trust ETF | 0.27% | 102,136 | $5.1M | Add +50.2% |
| AMAT Applied Materials Inc. | 0.26% | 19,134 | $4.9M | Reduce -0.4% |
| OEF iShares S&P 100 ETF | 0.25% | 13,441 | $4.6M | No change |
| UNP Union Pacific Corp. | 0.24% | 19,488 | $4.5M | Reduce -0.1% |
| VT Vanguard Tot World STK ETF | 0.24% | 31,906 | $4.5M | Add +48.0% |
| DFAT Dimensional US Target Value | 0.24% | 74,746 | $4.5M | No change |
| MDLZ Mondelez International Inc. Class A | 0.23% | 81,059 | $4.4M | Reduce -0.1% |
| URTH iShares MSCI World ETF | 0.22% | 22,440 | $4.2M | Add +0.0% |
| HOOD Robinhood Markets Inc. Class A | 0.22% | 36,676 | $4.1M | New |
| META Meta Platforms Inc. Class A | 0.22% | 6,089 | $4.0M | Reduce -11.7% |
| V Visa Inc. Class A | 0.21% | 11,314 | $4.0M | Add +4.5% |
| IQLT iShares MSCI International Q | 0.21% | 85,430 | $3.9M | Add +0.5% |
| VXUS Vanguard Total Intl Stock | 0.20% | 50,027 | $3.8M | Add +0.1% |
| ABNB Airbnb Inc. Class A | 0.19% | 26,594 | $3.6M | New |
| APO Apollo Global Management Inc. | 0.19% | 24,855 | $3.6M | Reduce -7.0% |
| KMI Kinder Morgan Inc. | 0.19% | 130,759 | $3.6M | Reduce -0.1% |
| BP BP PLC-Spons ADR | 0.19% | 102,594 | $3.6M | No change |
| DMRC Digimarc Corp. | 0.18% | 517,299 | $3.4M | No change |
| IWN iShares Russell 2000 Value E | 0.18% | 18,449 | $3.3M | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.18% | 195,689 | $3.3M | Reduce -39.8% |
| XLK SS Technology Select Sector | 0.17% | 22,453 | $3.2M | Add +28.0% |
| ARCC Ares Capital Corp. | 0.17% | 156,217 | $3.2M | Add +0.0% |
| PH Parker Hannifin Corp. | 0.16% | 3,378 | $3.0M | Reduce -0.2% |
| IWO iShares Russell 2000 Growth | 0.16% | 9,163 | $3.0M | New |
| AXS Axis Capital Holdings Ltd. | 0.15% | 26,666 | $2.9M | No change |
| CVX Chevron Corp. | 0.15% | 18,571 | $2.8M | Reduce -0.7% |
| QTEC First Trust Nasdq 100 Tech I | 0.15% | 11,888 | $2.7M | No change |
| DOV Dover Corp. | 0.15% | 14,000 | $2.7M | No change |
| XLP SS Consumer Staples Sel Sect | 0.14% | 34,780 | $2.7M | Reduce -11.5% |
| NOW ServiceNow Inc. | 0.14% | 16,560 | $2.5M | Add +2.4% |
| KO The Coca-Cola Co. | 0.13% | 35,900 | $2.5M | Add +4.2% |
| COST Costco Wholesale Corp. | 0.13% | 2,908 | $2.5M | Reduce -0.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.13% | 4,079 | $2.5M | Add +3.1% |
| HD Home Depot Inc. | 0.13% | 7,177 | $2.5M | Reduce -0.8% |
| SHEL Shell PLC-ADR | 0.13% | 32,890 | $2.4M | No change |
| CAT Caterpillar Inc. | 0.13% | 4,136 | $2.4M | Reduce -1.0% |
| GE General Electric filed as GE AEROSPACE | 0.13% | 7,636 | $2.4M | Add +4.5% |
| MCD McDonald's Corp. | 0.12% | 7,591 | $2.3M | Add +8.0% |
| AMGN Amgen Inc. | 0.12% | 7,085 | $2.3M | Reduce -0.5% |
| VEA Vanguard Ftse Developed ETF | 0.12% | 37,057 | $2.3M | Add +6.3% |
| VTIP Vanguard Short-Term Tips | 0.12% | 46,632 | $2.3M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.12% | 3 | $2.3M | No change |
| IWD iShares Russell 1000 Value E | 0.11% | 10,159 | $2.1M | No change |
| MLAB Mesa Laboratories Inc. | 0.11% | 25,195 | $2.0M | No change |
| NVDA Nvidia Corp. | 0.11% | 10,586 | $2.0M | Add +22.1% |
| PFG Principal Financial Group | 0.10% | 22,001 | $1.9M | Reduce -0.1% |
| RBLX Roblox Corp. Class A | 0.10% | 22,845 | $1.9M | No change |
| IVW iShares S&P 500 Growth ETF | 0.10% | 14,574 | $1.8M | Add +3.4% |
| LLY Eli Lilly & Co. | 0.09% | 1,629 | $1.8M | Reduce -0.7% |
| CBRE CBRE Group Inc. Class A | 0.09% | 10,402 | $1.7M | No change |
| PG The Procter & Gamble Co. | 0.09% | 11,446 | $1.6M | Reduce -1.3% |
| WFC Wells Fargo & Co. | 0.09% | 17,411 | $1.6M | Reduce -1.3% |
| JSCP JPMorgan Short Duration Core | 0.09% | 33,530 | $1.6M | New |
| BX Blackstone Inc. | 0.08% | 10,162 | $1.6M | Add +266.9% |
| CMI Cummins Inc. | 0.08% | 3,060 | $1.6M | Reduce -0.6% |
| INTC Intel Corp. | 0.08% | 42,232 | $1.6M | Add +4.8% |
| AON Aon PLC Class A | 0.08% | 4,381 | $1.5M | Reduce -0.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.08% | 8,092 | $1.5M | No change |
| CSCO Cisco Systems Inc. | 0.08% | 19,997 | $1.5M | Reduce -0.4% |
| ADP Automatic Data Processing | 0.08% | 5,737 | $1.5M | Reduce -0.3% |
| AGG iShares Core U.S. Aggregate | 0.08% | 14,735 | $1.5M | Add +23.3% |
| XLV SS Health Care Select Sector | 0.07% | 8,863 | $1.4M | Add +14.8% |
| IVE iShares S&P 500 Value ETF | 0.07% | 6,352 | $1.3M | No change |
| SHOP Shopify Inc. Class A | 0.07% | 8,352 | $1.3M | Reduce -15.6% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $30K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 11,291 | $30K | No change |
Total filed on the 13F, all lines: $1.9B.
Portfolio Sells Q3 2025 → Q4 2025
| IVV iShares Core S&P 500 ETF | Reduce -1.7% | 6.84% | −0.46 |
| VOO Vanguard S&P 500 ETF | Reduce -8.0% | 1.69% | −0.24 |
| KKR KKR & Co. Inc. | Reduce -0.9% | 1.44% | −0.15 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -39.8% | 0.18% | −0.12 |
| RSP Invesco S&P 500 Equal Weight | Reduce -2.5% | 1.28% | −0.12 |
| MO Altria Group Inc. | Reduce -0.1% | 0.33% | −0.08 |
| META Meta Platforms Inc. Class A | Reduce -11.7% | 0.22% | −0.08 |
| ABBV Abbvie Inc. | Reduce -0.1% | 0.67% | −0.06 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.1% | 0.23% | −0.06 |
| ABT Abbott Laboratories | Reduce -0.2% | 0.37% | −0.06 |
| VCR Vanguard Consumer Discre ETF | Sold out | 0.00% | −0.05 |
| VWO Vanguard Ftse Emerging Marke | Reduce -50.8% | 0.04% | −0.05 |
| SOC Sable Offshore Corp. | Reduce -28.6% | 0.02% | −0.05 |
| TRML Tourmaline Bio Inc. | Sold out | 0.00% | −0.04 |
| VOX Vanguard Communication Servi | Reduce -55.0% | 0.03% | −0.04 |
| HD Home Depot Inc. | Reduce -0.8% | 0.13% | −0.04 |
| XLP SS Consumer Staples Sel Sect | Reduce -11.5% | 0.14% | −0.03 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.03 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -0.4% | 0.51% | −0.03 |
| SPOT Spotify Technology SA | Reduce -23.4% | 0.04% | −0.03 |
| MP MP Materials Corp. | Reduce -0.3% | 0.06% | −0.02 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.02 |
| UNP Union Pacific Corp. | Reduce -0.1% | 0.24% | −0.02 |
| RACE Ferrari NV | Sold out | 0.00% | −0.02 |
| VFH Vanguard Financials ETF | Reduce -28.7% | 0.05% | −0.02 |
| MELI MercadoLibre Inc. | Reduce -49.3% | 0.02% | −0.02 |
| PCG P G & E Corp. | Sold out | 0.00% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -0.6% | 0.13% | −0.02 |
| KMI Kinder Morgan Inc. | Reduce -0.1% | 0.19% | −0.02 |
| NEAR iShares SH Dba ETF Usd Inc. | Sold out | 0.00% | −0.02 |
| SAP Sap SE-Sponsored ADR | Reduce -50.2% | 0.01% | −0.02 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.02 |
| ADP Automatic Data Processing | Reduce -0.3% | 0.08% | −0.02 |
| VUSB Vanguard Ultra Short Bond Et | Sold out | 0.00% | −0.02 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -0.5% | 0.29% | −0.02 |
| CVX Chevron Corp. | Reduce -0.7% | 0.15% | −0.02 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.4% | 0.33% | −0.02 |
| LUCK Lucky Strike Entertainment C | Sold out | 0.00% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -1.3% | 0.09% | −0.01 |
| EMBJ Embraer SA-Spon ADR | Sold out | 0.00% | −0.01 |
| BMVP Invesco Bloomberg MVP Multi- | Sold out | 0.00% | −0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -10.7% | 0.06% | −0.01 |
| SLG SL Green Realty Corp. | Sold out | 0.00% | −0.01 |
| MINT PIMCO Enhanced Short Maturit | Sold out | 0.00% | −0.01 |
| FTSM First Trust Enh Short Mat FD | Sold out | 0.00% | −0.01 |
| SHOP Shopify Inc. Class A | Reduce -15.6% | 0.07% | −0.01 |
| SLDP Solid Power Inc. | Reduce -49.1% | 0.02% | −0.01 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| ILOW AB Internal Low Volat Eq ETF | Add +17.2% | 9.74% | +0.82 |
| ITOT iShares Core S&P Total U.S. | New | 0.57% | +0.57 |
| LPRE Long Pond Real Estat Sel ETF | Add +58.6% | 1.36% | +0.46 |
| HOOD Robinhood Markets Inc. Class A | New | 0.22% | +0.22 |
| AAPL Apple Inc. | Add +7.0% | 3.35% | +0.20 |
| ABNB Airbnb Inc. Class A | New | 0.19% | +0.19 |
| IWN iShares Russell 2000 Value E | New | 0.18% | +0.18 |
| GOOG Alphabet Inc. Class C | Add +1.3% | 1.01% | +0.18 |
| IWO iShares Russell 2000 Growth | New | 0.16% | +0.16 |
| IYW iShares Ustechnology ETF | Add +33.9% | 0.44% | +0.09 |
| JSCP JPMorgan Short Duration Core | New | 0.09% | +0.09 |
| VT Vanguard Tot World STK ETF | Add +48.0% | 0.24% | +0.07 |
| BX Blackstone Inc. | Add +266.9% | 0.08% | +0.06 |
| CRCL Circle Internet Group Inc. | New | 0.05% | +0.05 |
| BINC iShares Flex I A ETF-Usd Inc. | New | 0.03% | +0.03 |
| XLK SS Technology Select Sector | Add +28.0% | 0.17% | +0.03 |
| VTWO Vanguard Russell 2000 ETF | New | 0.03% | +0.03 |
| SMH Vaneck Semiconductor ETF | New | 0.02% | +0.02 |
| JNJ Johnson & Johnson | Add +3.2% | 0.34% | +0.02 |
| VONE Vanguard Russell 1000 | New | 0.02% | +0.02 |
| IRDM Iridium Communications Inc. | New | 0.02% | +0.02 |
| KVYO Klaviyo Inc. Class A | New | 0.02% | +0.02 |
| IGV iShares Expanded Tech-Softwa | New | 0.02% | +0.02 |
| CVNA Carvana Co. | New | 0.02% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +1.4% | 0.43% | +0.02 |
| IBIT iShares Bitcoin Trust ETF | Add +50.2% | 0.27% | +0.02 |
| XLF SS Financial Select Sector | Add +121.2% | 0.03% | +0.02 |
| AMT American Tower Corp. | New | 0.01% | +0.01 |
| GRND Grindr Inc. | New | 0.01% | +0.01 |
| QCOM Qualcomm Inc. | New | 0.01% | +0.01 |
| NVDA Nvidia Corp. | Add +22.1% | 0.11% | +0.01 |
| IJR iShares Core S&P Small-Cap E | New | 0.01% | +0.01 |
| HSY The Hershey Co. | New | 0.01% | +0.01 |
| XLV SS Health Care Select Sector | Add +14.8% | 0.07% | +0.01 |
| XLY SS Consumer Disc Select Sect | Add +88.8% | 0.03% | +0.01 |
| LYEL Lyell Immunopharma Inc. | New | 0.01% | +0.01 |
| AMD Advanced Micro Devices | New | 0.01% | +0.01 |
| AGG iShares Core U.S. Aggregate | Add +23.3% | 0.08% | +0.01 |
| XLI SS Industrial Select Sector | Add +49.3% | 0.03% | +0.01 |
| GEV GE Vernova Inc. | Add +12.1% | 0.06% | +0.01 |
| AMZN Amazon.com Inc. | Add +3.3% | 0.56% | +0.01 |
| INTC Intel Corp. | Add +4.8% | 0.08% | +0.01 |
| EPD Enterprise Products Partners | Add +21.5% | 0.03% | +0.00 |
| AVGO Broadcom Inc. | Add +12.1% | 0.05% | +0.00 |
| VEA Vanguard Ftse Developed ETF | Add +6.3% | 0.12% | +0.00 |
| KO The Coca-Cola Co. | Add +4.2% | 0.13% | +0.00 |
| BLK BlackRock Inc. | Add +20.8% | 0.06% | +0.00 |
| TSLA Tesla Inc. | Add +13.2% | 0.03% | +0.00 |
| QUAL iShares MSCI USA Quality Fac | Add +11.4% | 0.03% | +0.00 |
| EZU iShares MSCI Eurozone ETF | Add +8.3% | 0.04% | +0.00 |
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 |