Belfer Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 24, 2025), Belfer Management LLC reported 16 stock positions worth $6.5 million. Its top holding was Coupang (CPNG) at 25.7% of the portfolio, followed by Hamilton Insurance Grou Class B (HG, 8.0%) and Meta Platforms Class A (META, 6.9%). Compared with Q1 2025, it opened 2 new positions and reduced 5. The biggest buy was a new position in Dollar Tree (DLTR) and the biggest sale Avantor (AVTR, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001481957
- Portfolio Value
- $6.5M (Q2 2025)
- SEC Filing
- 0001140361-25-027093 ↗ filed Jul 24, 2025
Holdings Value
Holdings 16 stocks · $6.5M
| CPNG Coupang Inc. | 25.71% | 56,114 | $1.7M | No change |
| HG Hamilton Insurance Grou Class B | 7.97% | 24,088 | $521K | No change |
| META Meta Platforms Inc. Class A | 6.86% | 607 | $448K | No change |
| MPLX MPLX LP | 6.04% | 7,668 | $395K | No change |
| ET Energy Transfer LP | 6.02% | 21,700 | $393K | No change |
| WES Western Midstream Partners L | 5.84% | 9,874 | $382K | No change |
| LMT Lockheed Martin Corp. | 5.72% | 808 | $374K | Reduce -4.4% |
| GLD SPDR Gold Shares | 5.65% | 1,211 | $369K | No change |
| SHW The Sherwin-Williams Co. | 5.26% | 1,001 | $344K | No change |
| AVTR Avantor Inc. | 5.24% | 25,461 | $343K | Reduce -11.1% |
| LH Labcorp Holdings Inc. | 4.99% | 1,243 | $326K | Reduce -7.2% |
| CRBG Corebridge Financial Inc. | 3.91% | 7,205 | $256K | Reduce -18.2% |
| DLTR Dollar Tree Inc. | 3.74% | 2,469 | $245K | New |
| ORI Old Republic Intl Corp. | 3.49% | 5,942 | $228K | No change |
| ULTA Ulta Beauty Inc. | 3.10% | 433 | $202K | New |
| CLOV Clover Health Investments Co. | 0.46% | 10,787 | $30K | Reduce -59.7% |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $6.0M | CPNG, HG, WES, MPLX, GLD |
| Q1 2026 | 15 | $6.0M | CPNG, HG, ET, GLD, WES |
| Q4 2025 | 14 | $5.7M | CPNG, HG, GLD, MPLX, WES |
| Q3 2025 | 19 | $7.2M | CPNG, HG, GLD, LMT, WES |
| Q2 2025 | 16 | $6.5M | CPNG, HG, META, MPLX, ET |
| Q1 2025 | 14 | $5.8M | CPNG, HG, AVTR, MPLX, WES |
| Q4 2024 | 15 | $6.3M | CPNG, AVTR, LMT, HG, ET |
| Q3 2024 | 15 | $6.2M | CPNG, AVTR, LMT, HG, WES |
| Q2 2024 | 14 | $5.3M | CPNG, AVTR, WES, HG, LMT |
| Q1 2024 | 15 | $5.5M | CPNG, AVTR, SHW, LMT, WES |