Brooktree Capital Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Brooktree Capital Management reported 24 stock positions worth $133.3 million. Its top holding was Interactive Brokers Gro Class A (IBKR) at 15.7% of the portfolio, followed by Par Technology (PAR, 15.1%) and Rimini Street (RMNI, 10.1%). Compared with Q4 2024, it opened 3 new positions, sold out of 1, added to 12 and reduced 9. The biggest buy was a new position in Iac Inc.-W/I (IACVV) and the biggest sale an exit from People (PPLI).
- Most Recent 13F
- Q2 2026
- Location
- Grand Rapids, MI
- CIK
- 0001021296
- Portfolio Value
- $133.3M (Q1 2025)
- SEC Filing
- 0000905729-25-000088 ↗ filed May 6, 2025
Holdings Value
Holdings 24 stocks · $133.3M
| IBKR Interactive Brokers Gro Class A | 15.73% | 126,585 | $21.0M | Reduce -4.8% |
| PAR Par Technology Corp. | 15.08% | 327,607 | $20.1M | Reduce 0.0% |
| RMNI Rimini Street Inc. | 10.15% | 3,886,453 | $13.5M | Add +0.4% |
| IACVV Iac Inc.-W/I | 8.31% | 241,036 | $11.1M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 7.57% | 18,948 | $10.1M | Reduce -7.2% |
| FISV Fiserv Inc. | 7.36% | 44,448 | $9.8M | Reduce -9.0% |
| THRY Thryv Holdings Inc. | 6.73% | 700,035 | $9.0M | Add +37.7% |
| BFH Bread Financial Holdings Inc. | 5.78% | 153,893 | $7.7M | Add +0.4% |
| QCOM Qualcomm Inc. | 5.07% | 44,003 | $6.8M | Add +9.9% |
| JNJ Johnson & Johnson | 3.23% | 25,952 | $4.3M | Add +0.3% |
| PFE Pfizer Inc. | 2.25% | 118,171 | $3.0M | Add +2.4% |
| EXTR Extreme Networks Inc. | 2.08% | 209,047 | $2.8M | Add +15.7% |
| LLY Eli Lilly & Co. | 1.53% | 2,464 | $2.0M | Reduce -41.1% |
| ANGI Angi Inc. | 1.46% | 126,505 | $1.9M | New |
| MSFT Microsoft Corp. | 1.40% | 4,977 | $1.9M | Reduce -27.8% |
| GD General Dynamics Corp. | 1.25% | 6,111 | $1.7M | Reduce -20.8% |
| DXC DXC Technology Co. | 1.24% | 97,271 | $1.7M | Add +1.7% |
| RKT Rocket Cos Inc. Class A | 1.01% | 112,073 | $1.4M | Add +1.3% |
| WST West Pharmaceutical Services | 0.80% | 4,740 | $1.1M | Add +3.4% |
| DXCM Dexcom Inc. | 0.80% | 15,532 | $1.1M | Add +13.9% |
| AAPL Apple Inc. | 0.53% | 3,153 | $700K | Reduce -68.6% |
| CDLX Cardlytics Inc. | 0.31% | 223,625 | $407K | Add +27.6% |
| AMZN Amazon.com Inc. | 0.18% | 1,247 | $237K | Reduce -23.1% |
| ABBV Abbvie Inc. | 0.17% | 1,058 | $222K | New |
Portfolio Sells Q4 2024 → Q1 2025
| PPLI People Inc. | Sold out | 0.00% | −5.67 |
| PAR Par Technology Corp. | Reduce 0.0% | 15.08% | −2.58 |
| IBKR Interactive Brokers Gro Class A | Reduce -4.8% | 15.73% | −1.70 |
| AAPL Apple Inc. | Reduce -68.6% | 0.53% | −1.34 |
| LLY Eli Lilly & Co. | Reduce -41.1% | 1.53% | −0.87 |
| MSFT Microsoft Corp. | Reduce -27.8% | 1.40% | −0.75 |
| GD General Dynamics Corp. | Reduce -20.8% | 1.25% | −0.26 |
| AMZN Amazon.com Inc. | Reduce -23.1% | 0.18% | −0.09 |
| FISV Fiserv Inc. | Reduce -9.0% | 7.36% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -7.2% | 7.57% | +0.71 |
Portfolio Buys Q4 2024 → Q1 2025
| IACVV Iac Inc.-W/I | New | 8.31% | +8.31 |
| RMNI Rimini Street Inc. | Add +0.4% | 10.15% | +2.48 |
| ANGI Angi Inc. | New | 1.46% | +1.46 |
| THRY Thryv Holdings Inc. | Add +37.7% | 6.73% | +1.15 |
| QCOM Qualcomm Inc. | Add +9.9% | 5.07% | +0.51 |
| JNJ Johnson & Johnson | Add +0.3% | 3.23% | +0.45 |
| ABBV Abbvie Inc. | New | 0.17% | +0.17 |
| RKT Rocket Cos Inc. Class A | Add +1.3% | 1.01% | +0.09 |
| DXCM Dexcom Inc. | Add +13.9% | 0.80% | +0.01 |
| PFE Pfizer Inc. | Add +2.4% | 2.25% | −0.02 |
| EXTR Extreme Networks Inc. | Add +15.7% | 2.08% | −0.17 |
| DXC DXC Technology Co. | Add +1.7% | 1.24% | −0.17 |
| CDLX Cardlytics Inc. | Add +27.6% | 0.31% | −0.18 |
| WST West Pharmaceutical Services | Add +3.4% | 0.80% | −0.32 |
| BFH Bread Financial Holdings Inc. | Add +0.4% | 5.78% | −1.16 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 44 | $153.2M | IBKR, RMNI, PAR, PPLI, BFH |
| Q1 2026 | 44 | $126.1M | IBKR, RMNI, PPLI, PAR, BRK.B |
| Q4 2025 | 41 | $150.3M | IBKR, RMNI, PAR, PPLI, BFH |
| Q3 2025 | 42 | $157.4M | IBKR, RMNI, PAR, BRK.B, THRY |
| Q2 2025 | 41 | $152.9M | IBKR, PAR, RMNI, BRK.B, PPLI |
| Q1 2025 | 24 | $133.3M | IBKR, PAR, RMNI, IACVV, BRK.B |
| Q4 2024 | 22 | $134.8M | PAR, IBKR, RMNI, FISV, BFH |
| Q3 2024 | 25 | $123.1M | IBKR, PAR, BRK.B, PPLI, FISV |
| Q2 2024 | 23 | $116.9M | IBKR, PAR, RMNI, BRK.B, QCOM |
| Q1 2024 | 24 | $129.7M | IBKR, PAR, BRK.B, PPLI, THRY |