Bluegrass Capital Partners LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 6, 2026), Bluegrass Capital Partners LP reported 11 stock positions worth $167.4 million. Its top holding was Transdigm (TDG) at 14.3% of the portfolio, followed by General Electric (GE, 14.2%) and Mastercard Class A (MA, 14.0%). Compared with Q3 2025, it opened 1 new position, added to 6 and reduced 4. The biggest buy was a new position in Sap SE-Sponsored ADR (SAP) and the biggest sale Martin Marietta Materials (MLM, shares −73%).
- Most Recent 13F
- Q2 2026
- Location
- Palm Beach, FL
- CIK
- 0001727353
- Portfolio Value
- $167.4M (Q4 2025)
- SEC Filing
- 0001420506-26-000198 ↗ filed Feb 6, 2026
Holdings Value
Holdings 11 stocks · $167.4M
| TDG Transdigm Group Inc. | 14.30% | 18,000 | $23.9M | Add +16.1% |
| GE General Electric filed as GE AEROSPACE | 14.17% | 77,000 | $23.7M | Add +6.9% |
| MA Mastercard Inc. Class A | 13.98% | 41,000 | $23.4M | Add +28.1% |
| MSFT Microsoft Corp. | 13.87% | 48,000 | $23.2M | Add +9.1% |
| AMZN Amazon.com Inc. | 13.79% | 100,000 | $23.1M | Add +25.0% |
| MCO Moody's Corp. | 12.82% | 42,000 | $21.5M | Reduce -2.3% |
| SPGI S&P Global Inc. | 8.43% | 27,000 | $14.1M | Add +28.6% |
| SAP Sap SE-Sponsored ADR | 4.93% | 34,000 | $8.3M | New |
| MLM Martin Marietta Materials | 2.60% | 7,000 | $4.4M | Reduce -73.1% |
| SHW The Sherwin-Williams Co. | 0.58% | 3,000 | $972K | Reduce -60.0% |
| WCN Waste Connections Inc. | 0.52% | 5,000 | $877K | Reduce -64.3% |
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
| SAP Sap SE-Sponsored ADR | New | 4.93% | +4.93 |
| AMZN Amazon.com Inc. | Add +25.0% | 13.79% | +2.29 |
| MA Mastercard Inc. Class A | Add +28.1% | 13.98% | +2.07 |
| SPGI S&P Global Inc. | Add +28.6% | 8.43% | +1.74 |
| TDG Transdigm Group Inc. | Add +16.1% | 14.30% | +0.93 |
| GE General Electric | Add +6.9% | 14.17% | −0.01 |
| MSFT Microsoft Corp. | Add +9.1% | 13.87% | −1.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $153.9M | MA, TDG, AMZN, MCO, GE |
| Q1 2026 | 10 | $138.8M | TDG, MCO, GE, MA, AMZN |
| Q4 2025 | 11 | $167.4M | TDG, GE, MA, MSFT, AMZN |
| Q3 2025 | 10 | $152.8M | MSFT, GE, MCO, TDG, MA |
| Q2 2025 | 11 | $144.3M | MSFT, TDG, GE, MCO, MA |
| Q1 2025 | 11 | $116.7M | MSFT, MLM, MA, AMZN, TDG |
| Q4 2024 | 11 | $112.7M | TDG, MSFT, MA, AMZN, MLM |
| Q3 2024 | 12 | $109.5M | TDG, MA, MSFT, GE, CP |
| Q2 2024 | 12 | $97.9M | TDG, SHW, MA, GE, MSFT |
| Q1 2024 | 11 | $96.0M | TDG, GOOG, SHW, GE, TMO |