Bleichroeder LP

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Bleichroeder LP reported 76 stock positions worth $578.0 million. Its top holding was SPDR Gold Shares (GLD) at 35.4% of the portfolio, followed by Gpgi (GPGI, 11.7%) and Resolute Holdings Manag (RHLD, 8.8%). Compared with Q4 2025, it opened 13 new positions, sold out of 6, added to 8 and reduced 4. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +108%) and the biggest sale Resolute Holdings Manag (RHLD, shares −2%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001781002
Portfolio Value
$578.0M (Q1 2026)
SEC Filing
0001420506-26-001007 ↗ filed May 14, 2026

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $400.5M Q1 2024 Q2 2024: $335.9M Q2 2024 Q3 2024: $370.9M Q3 2024 Q4 2024: $396.9M Q4 2024 Q1 2025: $374.3M Q1 2025 Q2 2025: $405.0M Q2 2025 Q3 2025: $510.9M Q3 2025 Q4 2025: $567.6M Q4 2025 Q1 2026: $578.0M $578.0M Q1 2026 Q2 2026: $556.8M Q2 2026

Holdings 76 stocks · $578.0M
GLD SPDR Gold Shares 35.36% 475,000 $204.4M No change
GPGI Gpgi Inc. 11.74% 3,969,676 $67.9M Reduce -0.1%
RHLD Resolute Holdings Manag 8.82% 314,166 $51.0M Reduce -1.8%
SPY SS SPDR S&P 500 ETF Trust-US 7.61% 67,645 $44.0M Add +107.7%
LIN Linde PLC 5.87% 68,474 $33.9M Reduce -8.8%
MDXH Mdxhealth 2.94% 7,378,333 $17.0M No change
IDN Intellicheck Inc. 2.51% 2,073,583 $14.5M No change
DUOT Duos Technologies Group Inc. 1.93% 1,627,806 $11.2M No change
INVE Inve Technologies Inc. filed as IDENTIV INC 1.85% 2,884,495 $10.7M No change
BX Blackstone Inc. 1.81% 90,750 $10.4M No change
DTIL Precision Biosciences Inc. 1.58% 1,662,500 $9.1M No change
IMMX Immix Biopharma Inc. 1.58% 1,000,000 $9.1M No change
SPGI S&P Global Inc. 1.47% 20,000 $8.5M No change
LIQT Liqtech International Inc. 1.05% 3,182,239 $6.1M No change
FLNT Fluent Inc. 0.78% 1,428,571 $4.5M No change
JPM JPMorgan Chase & Co. 0.76% 15,000 $4.4M No change
COCH Envoy Medical Inc. 0.72% 6,250,000 $4.2M New
EYPT Eyepoint Inc. 0.71% 316,515 $4.1M No change
WELL Welltower Inc. 0.68% 20,000 $4.0M No change
BRFH Barfresh Food Group Inc. 0.68% 1,390,758 $3.9M No change
PROK Prokidney Corp. 0.62% 2,000,000 $3.6M No change
ROC Rank One Computing Corp. 0.60% 500,000 $3.5M New
IRD Opus Genetics Inc. 0.58% 736,842 $3.4M No change
GNLX Genelux Corp. 0.58% 1,380,666 $3.3M Add +93.4%
NEUROONE MED TECHNOLOGIES CO 0.54% 4,000,000 $3.1M No change
TV Grupo Televisa SA-Spon ADR 0.52% 1,030,000 $3.0M No change
KZIA Kazia Therapeutics-Spon ADR 0.51% 400,000 $3.0M No change
QQQ Invesco QQQ Trust Series 1 0.46% 4,640 $2.7M No change
DMAC Diamedica Therapeutics Inc. 0.45% 382,317 $2.6M No change
CRIS Curis Inc. 0.36% 3,802,329 $2.1M Add +234.8%
VENU Venu Holding Corp. filed as VENU HLDG CORP 0.34% 600,000 $2.0M Add +200.0%
RNXT Renovorx Inc. 0.29% 1,666,098 $1.7M Add +177.7%
PROF Profound Medical Corp. 0.29% 254,753 $1.7M No change
CUE Cue Biopharma Inc. 0.27% 6,819,164 $1.6M No change
CGEM Cullinan Therapeutics Inc. 0.25% 100,000 $1.4M New
POCI Precision Optics Corp. Inc. 0.21% 270,925 $1.2M Add +23.0%
LLYVK Liberty Live Holdings Class C 0.20% 13,802 $1.2M No change
RTX RTX Corp. 0.20% 6,000 $1.2M No change
PXLW Pixelworks Inc. 0.19% 201,015 $1.1M No change
MODD Modular Medical Inc. 0.17% 186,986 $987K New
QTI QT Imaging Holdings Inc. 0.17% 166,666 $978K New
TLPH Talphera Inc. 0.17% 1,307,787 $977K Add +48.4%
OWLT Owlet Inc. 0.15% 172,000 $884K Reduce -44.5%
IPWR Ideal Power Inc. 0.15% 300,000 $849K Add +125.6%
FEAM 5E Advanced Materials Inc. 0.12% 500,000 $700K New
MAIA Maia Biotechnology Inc. 0.12% 500,000 $700K New
ICCC Immucell Corp. 0.11% 101,594 $643K No change
SHAZ Sharonai Holdings Inc. 0.10% 25,000 $568K New
LHX L3HARRIS Technologies Inc. 0.10% 1,600 $552K No change
LLYVA Liberty Live Holdings Class A 0.09% 6,047 $502K No change
PHYS Sprott Physical Gold Trust 0.08% 12,540 $444K No change
ERNEXA THERAPEUTICS INC 0.07% 2,000,000 $398K New
CARR Carrier Global Corp. 0.06% 6,000 $338K No change
MULTISENSOR AI HOLDINGS INC 0.05% 1,222,493 $283K No change
CLRB Cellectar Biosciences Inc. 0.04% 100,000 $254K No change
PYPL PayPal Holdings Inc. 0.04% 5,300 $240K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.04% 2,000 $237K No change
OTIS Otis Worldwide Corp. 0.04% 3,000 $231K No change
TMDX Transmedics Group Inc. 0.04% 2,100 $209K No change
NSRX Nasus Pharma Ltd. 0.03% 89,848 $199K New
XOM Exxon Mobil Corp. 0.03% 1,075 $182K No change
LION Lionsgate Studios Corp. 0.03% 16,413 $157K No change
CDNS Cadence Design SYS Inc. 0.03% 525 $146K No change
SIRI Sirius XM Holdings Inc. 0.02% 5,061 $117K No change
XAIR Beyond Air Inc. 0.01% 86,489 $60K No change
RVMD Revolution Medicines Inc. 0.01% 556 $54K No change
ARKF ARK Blockchain & Fintech Inn 0.01% 1,200 $46K No change
ARKW ARK Next Generation Technolo 0.01% 300 $36K No change
ARKG ARK Genomic Revolution ETF 0.00% 825 $22K No change
QBTS D-Wave Quantum Inc. 0.00% 1,500 $22K New
IONQ Ionq Inc. 0.00% 750 $22K New
RGTI Rigetti Computing Inc. 0.00% 1,500 $21K New
WGS Genedx Holdings Corp. 0.00% 304 $20K No change
STRZ Starz Entertainment Corp. 0.00% 1,092 $13K No change
XFOR X4 Pharmaceuticals Inc. 0.00% 595 $2K No change
AVNW Aviat Networks Inc. 0.00% 66 $1K No change
Other holdings (5): bonds, preferreds, convertibles and warrants · $568K (not counted above)
SecurityClassShares / PrincipalValueChange
RVMDW Revolution Medicines Inc.-28 *W EXP 12/17/202 200,000$358KNo change
AENTW Adara Acquisition Class A -CW26 *W EXP 02/11/202 200,000$120KNo change
ERNAW Ernexa Therapeutics Inc. - 31 *W EXP 02/04/203 2,000,000$56KNew
OPFI.WS Oppfi Inc. -CW26 *W EXP 07/20/202 250,000$33KNo change
SVREW Saverone 2014 Ltd. -CW27 *W EXP 06/02/202 121,000$1KNo change

Total filed on the 13F, all lines: $578.6M.

Portfolio Sells Q4 2025 → Q1 2026
RHLD Resolute Holdings Manag Reduce -1.8% 8.82% −2.81
GPGI Gpgi Inc. Reduce -0.1% 11.74% −1.76
OWLT Owlet Inc. Reduce -44.5% 0.15% −0.73
MODULAR MED INC Sold out 0.00% −0.18
GPCR Structure Therapeutics Inc. Sold out 0.00% −0.12
LWLG Lightwave Logic Inc. Sold out 0.00% −0.09
AZ A2Z CUST2MATE Solutions Corp. Sold out 0.00% −0.07
PTN Palatin Technologies Inc. Sold out 0.00% −0.02
SMTK Smartkem Inc. Sold out 0.00% −0.01
LIN Linde PLC Reduce -8.8% 5.87% +0.23

Portfolio Buys Q4 2025 → Q1 2026
SPY SS SPDR S&P 500 ETF Trust-US Add +107.7% 7.61% +3.70
COCH Envoy Medical Inc. New 0.72% +0.72
ROC Rank One Computing Corp. New 0.60% +0.60
CGEM Cullinan Therapeutics Inc. New 0.25% +0.25
RNXT Renovorx Inc. Add +177.7% 0.29% +0.20
MODD Modular Medical Inc. New 0.17% +0.17
QTI QT Imaging Holdings Inc. New 0.17% +0.17
CRIS Curis Inc. Add +234.8% 0.36% +0.16
FEAM 5E Advanced Materials Inc. New 0.12% +0.12
MAIA Maia Biotechnology Inc. New 0.12% +0.12
SHAZ Sharonai Holdings Inc. New 0.10% +0.10
IPWR Ideal Power Inc. Add +125.6% 0.15% +0.07
ERNEXA THERAPEUTICS INC New 0.07% +0.07
VENU Venu Holding Corp. Add +200.0% 0.34% +0.05
POCI Precision Optics Corp. Inc. Add +23.0% 0.21% +0.04
NSRX Nasus Pharma Ltd. New 0.03% +0.03
GNLX Genelux Corp. Add +93.4% 0.58% +0.03
QBTS D-Wave Quantum Inc. New 0.00% +0.00
IONQ Ionq Inc. New 0.00% +0.00
RGTI Rigetti Computing Inc. New 0.00% +0.00
TLPH Talphera Inc. Add +48.4% 0.17% −0.01

Notes & Other Activity Q4 2025 → Q1 2026
ERNAW Ernexa Therapeutics Inc. - 31 *W EXP 02/04/203 New 2,000,000 $56K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 73$556.8MGLD, GPGI, SPY, RHLD, LIN
Q1 2026 76$578.0MGLD, GPGI, RHLD, SPY, LIN
Q4 2025 69$567.6MGLD, GPGI, RHLD, LIN, MDXH
Q3 2025 66$510.9MGLD, GPGI, LIN, MDXH, RHLD
Q2 2025 70$405.0MGLD, GPGI, LIN, SPY, MDXH
Q1 2025 72$374.3MGLD, GPGI, LIN, IVAC, SPY
Q4 2024 68$396.9MGLD, GPGI, LIN, SPGI, FNA
Q3 2024 67$370.9MGLD, GPGI, LIN, SPGI, MDXH
Q2 2024 69$335.9MGLD, LIN, GPGI, IVAC, BC
Q1 2024 74$400.5MGLD, LIN, BC, INVE, FNA