Entrust Global Partners L L C

Name: ENTRUST GLOBAL PARTNERS L L C 13F holdings, Q4 2025
Creator: ENTRUST GLOBAL PARTNERS L L C
Published: 2026-02-17

Q2 2026Q1 2026Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Entrust Global Partners L L C reported 3 stock positions worth $492.8 million. Its top holding was Deutsche Bank AG-Registered (DB) at 69.5% of the portfolio, followed by Flyexclusive (FLYX, 20.2%) and Hasbro (HAS, 10.3%). Compared with Q3 2025, it sold out of 2, added to 1 and reduced 2. The biggest buy was Flyexclusive (FLYX, shares +74%) and the biggest sale an exit from Grab Class A (GRAB).

Most Recent 13F: Q2 2026
Location: New York, NY
CIK: 0001080818
Portfolio Value: $492.8M (Q4 2025)
SEC Filing: 0001140361-26-005805 ↗ filed Feb 17, 2026

Holdings Value

Holdings 3 stocks · $492.8M


DB Deutsche Bank AG-Registered	69.48%	12,145,573	$342.4M	Reduce -9.6%
FLYX Flyexclusive Inc.	20.20%	24,215,366	$99.5M	Add +73.6%
HAS Hasbro Inc.	10.32%	620,311	$50.9M	Reduce -0.1%

Other holdings (1): bonds, preferreds, convertibles and warrants · $118K (not counted above)

Security	Class	Shares / Principal	Value	Change
FLYX.WS Eg Acquisition Corp.-A -CW28	*W EXP 99/99/999	568,857	$118K	No change

Total filed on the 13F, all lines: $492.9M.

Portfolio Sells Q3 2025 → Q4 2025


GRAB Grab Holdings Ltd. Class A	Sold out	0.00%	−4.32
LYFT LYFT Inc. Class A	Sold out	0.00%	−3.75
DB Deutsche Bank AG-Registered	Reduce -9.6%	69.48%	+0.79
HAS Hasbro Inc.	Reduce -0.1%	10.32%	+0.89

Portfolio Buys Q3 2025 → Q4 2025


FLYX Flyexclusive Inc.	Add +73.6%	20.20%	+6.40

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	3	$514.0M	DB, STUB, FLYX
Q1 2026	4	$455.4M	DB, FLYX, STUB, HAS
Q4 2025	3	$492.8M	DB, FLYX, HAS
Q3 2025Amended	5	$499.3M	DB, FLYX, HAS, GRAB, LYFT
Q2 2025	5	$541.3M	DB, HAS, FLYX, GRAB, LYFT
Q1 2025Amended	5	$491.9M	DB, HAS, FLYX, GRAB, LYFT
Q4 2024Amended	4	$126.7M	HAS, FLYX, GRAB, LYFT
Q3 2024Amended	6	$146.2M	HAS, FLYX, GRAB, LYFT, VSTS
Q2 2024Amended	8	$251.0M	FLYX, HAS, ARMK, ADNT, GRAB
Q1 2024Amended	6	$214.2M	FLYX, HAS, ADNT, LYFT, UBER