BBR Partners, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), BBR Partners, LLC reported 253 stock positions worth $1.8 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 38.7% of the portfolio, followed by AB Internal Low Volat Eq ETF (ILOW, 11.3%) and iShares Core S&P 500 ETF (IVV, 6.8%). Compared with Q4 2025, it opened 36 new positions, sold out of 49, added to 50 and reduced 80. The biggest buy was AB Internal Low Volat Eq ETF (ILOW, shares +11%) and the biggest sale Microsoft (MSFT, shares −24%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001352467
Portfolio Value
$1.8B (Q1 2026)
SEC Filing
0001352467-26-000003 ↗ filed May 12, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.3B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $1.4B Q1 2025 Q2 2025: $1.6B Q2 2025 Q3 2025: $1.7B Q3 2025 Q4 2025: $1.9B Q4 2025 Q1 2026: $1.8B $1.8B Q1 2026 Q2 2026: $2.1B Q2 2026

Holdings 253 stocks · $1.8B
SPY SS SPDR S&P 500 ETF Trust-US 38.74% 1,067,347 $694.1M Add +2.1%
ILOW AB Internal Low Volat Eq ETF filed as AB ACTIVE ETFS INC 11.26% 4,728,198 $201.7M Add +10.9%
IVV iShares Core S&P 500 ETF 6.78% 186,005 $121.5M Reduce -0.1%
UPS United Parcel Service Class B 4.14% 754,290 $74.2M Add +0.0%
AAPL Apple Inc. 2.84% 200,535 $50.9M Reduce -12.7%
LPRE Long Pond Real Estat Sel ETF 1.81% 1,248,951 $32.5M Add +32.0%
VOO Vanguard S&P 500 ETF 1.69% 50,605 $30.2M Add +0.6%
GOOGL Alphabet Inc. Class A 1.34% 83,689 $24.1M Reduce -2.7%
RSP Invesco S&P 500 Equal Weight 1.33% 124,286 $23.9M Add +0.1%
VTI VG Morningstar TS MKT ETF-US 1.25% 69,972 $22.4M Reduce -34.4%
VGT Vanguard Info Tech ETF 1.25% 31,981 $22.3M No change
MSFT Microsoft Corp. 1.21% 58,811 $21.8M Reduce -23.8%
PM Philip Morris International 1.18% 127,524 $21.1M Reduce -8.0%
KKR KKR & Co. Inc. 1.09% 210,845 $19.5M No change
GLD SPDR Gold Shares 1.07% 44,526 $19.2M Add +1.7%
GOOG Alphabet Inc. Class C 0.90% 56,523 $16.2M Reduce -5.9%
ITOT iShares Core S&P Total U.S. 0.83% 105,013 $15.0M Add +47.3%
XOM Exxon Mobil Corp. 0.70% 73,532 $12.5M Reduce -0.5%
FLIN Franklin Ftse India ETF 0.66% 354,265 $11.8M New
ABBV Abbvie Inc. 0.65% 53,617 $11.7M Reduce -1.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.54% 22,253 $9.7M Add +1178.9%
AMZN Amazon.com Inc. 0.53% 45,378 $9.5M Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B 0.50% 18,737 $9.0M Add +1.8%
ACWI iShares MSCI Acwi ETF 0.49% 63,345 $8.8M Add +52.4%
JPM JPMorgan Chase & Co. 0.47% 28,328 $8.3M Reduce -4.2%
WMT Walmart Inc. 0.44% 64,133 $8.0M Reduce -17.7%
IYW iShares Ustechnology ETF 0.44% 43,189 $7.8M Add +4.9%
GS Goldman Sachs Group Inc. 0.42% 8,950 $7.6M Reduce -2.8%
VT Vanguard Tot World STK ETF 0.41% 53,405 $7.4M Add +67.4%
JNJ Johnson & Johnson 0.39% 28,499 $7.0M Reduce -6.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.36% 22,637 $6.5M Reduce -1.8%
MO Altria Group Inc. 0.36% 97,814 $6.5M Reduce -9.2%
VEU Vanguard Ftse All-World Ex-U 0.34% 82,258 $6.2M Reduce -1.8%
ABT Abbott Laboratories 0.32% 56,375 $5.8M Add +2.7%
AMAT Applied Materials Inc. 0.32% 16,784 $5.7M Reduce -12.3%
BP BP PLC-Spons ADR 0.27% 102,594 $4.8M No change
INDE Matthews India ETF 0.27% 184,461 $4.8M New
MA Mastercard Inc. Class A 0.27% 9,507 $4.8M Add +0.0%
UNP Union Pacific Corp. 0.26% 19,450 $4.7M Reduce -0.2%
DFAT Dimensional US Target Value 0.26% 74,746 $4.7M No change
KMI Kinder Morgan Inc. 0.24% 130,759 $4.4M No change
OEF iShares S&P 100 ETF 0.24% 13,441 $4.3M No change
MDLZ Mondelez International Inc. Class A 0.23% 70,566 $4.1M Reduce -12.9%
URTH iShares MSCI World ETF 0.22% 21,422 $3.9M Reduce -4.5%
CVX Chevron Corp. 0.21% 18,571 $3.8M No change
META Meta Platforms Inc. Class A 0.21% 6,613 $3.8M Add +8.6%
DSI iShares ESG MSCI KLD 400 ETF 0.20% 29,506 $3.6M Reduce -30.5%
IWN iShares Russell 2000 Value E 0.20% 18,449 $3.5M No change
ABNB Airbnb Inc. Class A 0.19% 26,694 $3.4M Add +0.4%
V Visa Inc. Class A 0.18% 10,969 $3.3M Reduce -3.0%
XLK SS Technology Select Sector 0.18% 23,753 $3.2M Add +5.8%
QQQ Invesco QQQ Trust Series 1 0.17% 5,341 $3.1M Add +30.9%
SHEL Shell PLC-ADR 0.17% 32,890 $3.1M No change
PH Parker Hannifin Corp. 0.17% 3,378 $3.0M No change
DOV Dover Corp. 0.16% 14,000 $2.9M No change
IBIT iShares Bitcoin Trust ETF 0.16% 75,489 $2.9M Reduce -26.1%
COST Costco Wholesale Corp. 0.16% 2,910 $2.9M Add +0.1%
IWO iShares Russell 2000 Growth 0.16% 9,163 $2.9M No change
XLP SS Consumer Staples Sel Sect 0.16% 34,780 $2.9M No change
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.16% 195,689 $2.8M No change
ARCC Ares Capital Corp. 0.16% 154,845 $2.8M Reduce -0.9%
APO Apollo Global Management Inc. 0.15% 23,401 $2.6M Reduce -5.8%
CAT Caterpillar Inc. 0.14% 3,656 $2.6M Reduce -11.6%
QTEC First Trust Nasdq 100 Tech I 0.14% 11,888 $2.6M No change
HOOD Robinhood Markets Inc. Class A 0.14% 36,976 $2.6M Add +0.8%
DMRC Digimarc Corp. 0.14% 517,299 $2.5M No change
KO The Coca-Cola Co. 0.14% 31,906 $2.4M Reduce -11.1%
AXS Axis Capital Holdings Ltd. 0.13% 23,389 $2.4M Reduce -12.3%
MCD McDonald's Corp. 0.13% 7,356 $2.3M Reduce -3.1%
VEA Vanguard Ftse Developed ETF 0.13% 35,399 $2.3M Reduce -4.5%
HD Home Depot Inc. 0.12% 6,783 $2.2M Reduce -5.5%
MLAB Mesa Laboratories Inc. 0.12% 25,195 $2.2M No change
BRK.A Berkshire Hathaway Inc. Class A 0.12% 3 $2.2M No change
GE General Electric filed as GE AEROSPACE 0.11% 7,195 $2.0M Reduce -5.8%
AMGN Amgen Inc. 0.11% 5,580 $2.0M Reduce -21.2%
TPG TPG Inc. 0.10% 44,221 $1.8M New
PFG Principal Financial Group 0.10% 19,298 $1.7M Reduce -12.3%
NOW ServiceNow Inc. 0.10% 16,360 $1.7M Reduce -1.2%
IVW iShares S&P 500 Growth ETF 0.09% 14,574 $1.6M No change
XLF SS Financial Select Sector 0.09% 33,237 $1.6M Add +206.8%
AGG iShares Core U.S. Aggregate 0.09% 16,419 $1.6M Add +11.4%
VTV Vanguard Mrngstr Val ETF-Aui 0.09% 8,241 $1.6M Add +1.8%
NVDA Nvidia Corp. 0.09% 9,042 $1.6M Reduce -14.6%
JSCP JPMorgan Short Duration Core 0.09% 32,962 $1.6M Reduce -1.7%
LLY Eli Lilly & Co. 0.08% 1,641 $1.5M Add +0.7%
CMI Cummins Inc. 0.08% 2,685 $1.4M Reduce -12.3%
XLE SS Energy Select Sector 0.08% 22,961 $1.4M Add +67.6%
GEV GE Vernova Inc. 0.08% 1,549 $1.4M Reduce -12.3%
IVE iShares S&P 500 Value ETF 0.07% 6,352 $1.3M No change
CRCL Circle Internet Group Inc. 0.07% 13,895 $1.3M Add +29.3%
CSCO Cisco Systems Inc. 0.07% 16,693 $1.3M Reduce -16.5%
RTX RTX Corp. 0.07% 6,639 $1.3M Reduce -1.2%
IWF iShares Russell 1000 Growth 0.07% 2,970 $1.3M Reduce -73.4%
PG The Procter & Gamble Co. 0.07% 8,751 $1.3M Reduce -23.6%
NOBL Proshares S&P 500 Dividend A 0.07% 11,675 $1.2M No change
CBRE CBRE Group Inc. Class A 0.07% 9,124 $1.2M Reduce -12.3%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.07% 26,410 $1.2M No change
BA The Boeing Co. 0.07% 5,917 $1.2M Add +5.1%
BX Blackstone Inc. 0.06% 10,097 $1.2M Reduce -0.6%
ADP Automatic Data Processing 0.06% 5,697 $1.2M Reduce -0.7%

Show all 253 holdings

Portfolio Sells Q4 2025 → Q1 2026
MSFT Microsoft Corp. Reduce -23.8% 1.21% −0.79
VTI VG Morningstar TS MKT ETF-US Reduce -34.4% 1.25% −0.67
ASHR Xtrackers Harvest Csi 300 CH Sold out 0.00% −0.53
DGRO iShares Core Dividend Growth Sold out 0.00% −0.52
AAPL Apple Inc. Reduce -12.7% 2.84% −0.51
IWF iShares Russell 1000 Growth Reduce -73.4% 0.07% −0.21
IQLT iShares MSCI International Q Sold out 0.00% −0.21
VXUS Vanguard Total Intl Stock Sold out 0.00% −0.20
VTIP Vanguard Short-Term Tips Sold out 0.00% −0.12
IBIT iShares Bitcoin Trust ETF Reduce -26.1% 0.16% −0.11
GOOG Alphabet Inc. Class C Reduce -5.9% 0.90% −0.11
GOOGL Alphabet Inc. Class A Reduce -2.7% 1.34% −0.10
IWD iShares Russell 1000 Value E Reduce -87.6% 0.01% −0.10
DSI iShares ESG MSCI KLD 400 ETF Reduce -30.5% 0.20% −0.09
XLV SS Health Care Select Sector Sold out 0.00% −0.07
SNOW Snowflake Inc. Sold out 0.00% −0.07
IVV iShares Core S&P 500 ETF Reduce -0.1% 6.78% −0.06
AON Aon PLC Class A Reduce -62.8% 0.03% −0.05
IQV Iqvia Holdings Inc. Sold out 0.00% −0.05
APO Apollo Global Management Inc. Reduce -5.8% 0.15% −0.05
VFH Vanguard Financials ETF Sold out 0.00% −0.05
JPM JPMorgan Chase & Co. Reduce -4.2% 0.47% −0.05
GRAL Grail Inc. Sold out 0.00% −0.05
RBLX Roblox Corp. Class A Reduce -25.4% 0.05% −0.05
VB Vanguard Most SM-Cap ETF-Usd Reduce -69.7% 0.02% −0.04
NOW ServiceNow Inc. Reduce -1.2% 0.10% −0.04
AMZN Amazon.com Inc. Reduce -0.1% 0.53% −0.04
WFC Wells Fargo & Co. Reduce -31.7% 0.05% −0.03
HST Host Hotels & Resorts Inc. Sold out 0.00% −0.03
QUAL iShares MSCI USA Quality Fac Sold out 0.00% −0.03
CVMC Calvert US Mcap Core Resp Sold out 0.00% −0.03
VIS Vanguard Industrials ETF Sold out 0.00% −0.03
V Visa Inc. Class A Reduce -3.0% 0.18% −0.03
SHOP Shopify Inc. Class A Reduce -15.8% 0.05% −0.03
BN Brookfield Corp. Sold out 0.00% −0.02
BLK BlackRock Inc. Reduce -35.2% 0.04% −0.02
INTC Intel Corp. Reduce -41.1% 0.06% −0.02
IRDM Iridium Communications Inc. Sold out 0.00% −0.02
WMT Walmart Inc. Reduce -17.7% 0.44% −0.02
CMCSA Comcast Corp. Class A Sold out 0.00% −0.02
AXS Axis Capital Holdings Ltd. Reduce -12.3% 0.13% −0.02
CBRE CBRE Group Inc. Class A Reduce -12.3% 0.07% −0.02
IEFA iShares Core MSCI Eafe ETF Sold out 0.00% −0.02
VZ Verizon Communications Inc. Sold out 0.00% −0.02
TOST Toast Inc. Class A Reduce -13.3% 0.04% −0.02
TEAM Atlassian Corp. Class A Sold out 0.00% −0.02
BBU Brookfield Business PT-Unit Sold out 0.00% −0.02
BX Blackstone Inc. Reduce -0.6% 0.06% −0.02
NVDA Nvidia Corp. Reduce -14.6% 0.09% −0.02
CVNA Carvana Co. Sold out 0.00% −0.02

Portfolio Buys Q4 2025 → Q1 2026
ILOW AB Internal Low Volat Eq ETF Add +10.9% 11.26% +1.51
FLIN Franklin Ftse India ETF New 0.66% +0.66
VUG Vanguard Mrngstar GR ETF-Sui Add +1178.9% 0.54% +0.50
SPY SS SPDR S&P 500 ETF Trust-US Add +2.1% 38.74% +0.48
LPRE Long Pond Real Estat Sel ETF Add +32.0% 1.81% +0.46
INDE Matthews India ETF New 0.27% +0.27
ITOT iShares Core S&P Total U.S. Add +47.3% 0.83% +0.27
ACWI iShares MSCI Acwi ETF Add +52.4% 0.49% +0.17
VT Vanguard Tot World STK ETF Add +67.4% 0.41% +0.17
GLD SPDR Gold Shares Add +1.7% 1.07% +0.14
UPS United Parcel Service Class B Add +0.0% 4.14% +0.13
TPG TPG Inc. New 0.10% +0.10
XLF SS Financial Select Sector Add +206.8% 0.09% +0.06
RSP Invesco S&P 500 Equal Weight Add +0.1% 1.33% +0.06
XLE SS Energy Select Sector Add +67.6% 0.08% +0.05
MLM Martin Marietta Materials New 0.04% +0.04
QQQ Invesco QQQ Trust Series 1 Add +30.9% 0.17% +0.04
ITT Itt Inc. New 0.04% +0.04
WAB Wabtec Corp. New 0.04% +0.04
SGI Somnigroup International Inc. New 0.04% +0.04
LYV Live Nation Entertainment Inc. New 0.03% +0.03
VIK Viking Holdings Ltd. New 0.03% +0.03
LH Labcorp Holdings Inc. New 0.03% +0.03
MKL Markel Group Inc. New 0.03% +0.03
TSCO Tractor Supply Company New 0.03% +0.03
AMX America Movil Sab DE CV New 0.03% +0.03
CRCL Circle Internet Group Inc. Add +29.3% 0.07% +0.03
COST Costco Wholesale Corp. Add +0.1% 0.16% +0.03
NDAQ Nasdaq Inc. New 0.03% +0.03
SCI Service Corp. International New 0.03% +0.03
STE Steris PLC New 0.02% +0.02
EME Emcor Group Inc. New 0.02% +0.02
BRO Brown & Brown Inc. New 0.02% +0.02
BINC iShares Flex I A ETF-Usd Inc. Add +59.9% 0.05% +0.02
KBE SS SPDR S&P Bank ETF New 0.02% +0.02
ITUB Itau Unibanco H-Spon PRF ADR New 0.02% +0.02
GLP Global Partners LP Add +111.9% 0.04% +0.02
CNM Core & Main Inc. Class A New 0.02% +0.02
TRMB Trimble Inc. New 0.02% +0.02
CLH Clean Harbors Inc. New 0.02% +0.02
SIG Signet Jewelers Ltd. New 0.02% +0.02
PBR Petroleo Brasileiro-Spon ADR New 0.02% +0.02
CHRW C.H. Robinson Worldwide Inc. New 0.02% +0.02
PAYX Paychex Inc. New 0.02% +0.02
CNTA Centessa Pharmaceuticals Ltd. New 0.01% +0.01
STUB Stubhub Holdings Inc. Class A New 0.01% +0.01
VALE Vale SA-SP ADR New 0.01% +0.01
LRCX Lam Research Corp. New 0.01% +0.01
MIDD Middleby Corp. New 0.01% +0.01
AGG iShares Core U.S. Aggregate Add +11.4% 0.09% +0.01

Notes & Other Activity Q4 2025 → Q1 2026
HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 Sold out 11,291 $30Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 250$2.1BSPY, ILOW, IVV, UPS, AAPL
Q1 2026 253$1.8BSPY, ILOW, IVV, UPS, AAPL
Q4 2025 266$1.9BSPY, ILOW, IVV, UPS, AAPL
Q3 2025 269$1.7BSPY, ILOW, IVV, UPS, AAPL
Q2 2025 235$1.6BSPY, IVV, ILOW, UPS, HAYW
Q1 2025 244$1.4BSPY, IVV, KKR, UPS, HAYW
Q4 2024 249$1.4BSPY, IVV, UPS, HAYW, AAPL
Q3 2024 241$1.3BSPY, IVV, UPS, AAPL, VOO
Q2 2024 218$1.2BSPY, IVV, UPS, AAPL, VOO
Q1 2024 253$1.2BSPY, IVV, UPS, VOO, AAPL