Paralel Advisors LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Paralel Advisors LLC reported 106 stock positions worth $2.6 billion. Its top holding was Berkshire Hathaway Class A (BRK.A) at 30.1% of the portfolio, followed by JPMorgan Chase (JPM, 12.9%) and Berkshire Hathaway Class B (BRK.B, 4.9%). Compared with Q3 2025, it added to 1 and reduced 2. The biggest buy was Alexandria Real Estate Equit (ARE, shares +5733%) and the biggest sale Yum! Brands (YUM, shares −27%).

Most Recent 13F
Q2 2026
Location
DENVER, CO
CIK
0001895911
Portfolio Value
$2.6B (Q4 2025)
SEC Filing
0001895911-26-000005 ↗ filed Feb 12, 2026

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $2.2B Q1 2024 Q2 2024: $2.1B Q2 2024 Q3 2024: $2.3B Q3 2024 Q4 2024: $2.3B Q4 2024 Q1 2025: $2.4B Q1 2025 Q2 2025: $2.5B Q2 2025 Q3 2025: $2.6B Q3 2025 Q4 2025: $2.6B $2.6B Q4 2025 Q1 2026: $2.4B Q1 2026 Q2 2026: $2.6B Q2 2026

Holdings 106 stocks · $2.6B
BRK.A Berkshire Hathaway Inc. Class A 30.14% 1,028 $775.9M No change
JPM JPMorgan Chase & Co. 12.87% 1,028,000 $331.2M No change
BRK.B Berkshire Hathaway Inc. Class B 4.90% 251,000 $126.2M No change
EPD Enterprise Products Partners 4.55% 3,650,000 $117.0M No change
EVR Evercore Inc. Class A 3.97% 300,000 $102.1M No change
MSFT Microsoft Corp. 3.76% 200,000 $96.7M No change
CSCO Cisco Systems Inc. 3.71% 1,240,000 $95.5M No change
SCHW Schwab (charles) Corp. 2.91% 750,000 $74.9M No change
UTF Cohen & Steers Infrastructur 2.58% 2,750,000 $66.3M No change
YUM Yum! Brands Inc. 2.50% 425,000 $64.3M Reduce -27.4%
TRV The Travelers Cos Inc. 2.48% 220,000 $63.8M No change
CAT Caterpillar Inc. 2.23% 100,000 $57.3M No change
EBAY eBay Inc. 2.20% 650,000 $56.6M No change
SWK Stanley Black & Decker Inc. 1.96% 680,000 $50.5M No change
GFL GFL Environmental Inc.-Sub VT 1.67% 1,000,000 $43.0M No change
IBP Installed Building Products 1.66% 165,000 $42.8M No change
AXP American Express Co. 1.51% 105,000 $38.8M No change
PYPL PayPal Holdings Inc. 1.23% 540,995 $31.6M No change
CART Maplebear Inc. 1.22% 700,000 $31.5M No change
WMT Walmart Inc. 1.17% 270,000 $30.1M No change
FWRD Forward Air Corp. 0.95% 975,000 $24.4M No change
DKNG Draftkings Inc. Class A 0.80% 600,000 $20.7M No change
FWRG First Watch Restaurant Group 0.53% 900,000 $13.6M No change
CIEN Ciena Corp. 0.40% 44,268 $10.4M No change
LAMR Lamar Advertising Co. Class A 0.18% 37,168 $4.7M No change
PEGA Pegasystems Inc. 0.18% 76,960 $4.6M No change
JBL Jabil Inc. 0.17% 19,660 $4.5M No change
EME Emcor Group Inc. 0.17% 7,237 $4.4M No change
ENS Enersys 0.17% 29,211 $4.3M No change
DLR Digital Realty Trust Inc. 0.16% 27,000 $4.2M No change
PII Polaris Inc. 0.16% 65,343 $4.1M No change
FTDR Frontdoor Inc. 0.16% 69,629 $4.0M No change
CAH Cardinal Health Inc. 0.15% 19,417 $4.0M No change
VTR Ventas Inc. 0.15% 48,500 $3.8M Reduce -11.8%
NYT New York Times Co. Class A 0.15% 53,934 $3.7M No change
ACA Arcosa Inc. 0.14% 34,688 $3.7M No change
VST Vistra Corp. 0.14% 22,778 $3.7M No change
KEYS Keysight Technologies Inc. 0.14% 17,861 $3.6M No change
WTS Watts Water Technologies-A 0.14% 13,118 $3.6M No change
LDOS Leidos Holdings Inc. 0.14% 19,824 $3.6M No change
FOXA Fox Corp. Class A 0.13% 47,264 $3.5M No change
NDAQ Nasdaq Inc. 0.13% 35,264 $3.4M No change
MCK McKesson Corp. 0.13% 3,975 $3.3M No change
COR Cencora Inc. 0.13% 9,619 $3.2M No change
CVS CVS Health Corp. 0.12% 39,485 $3.1M No change
PLXS Plexus Corp. 0.12% 20,878 $3.1M No change
AIT Applied Industrial Tech Inc. 0.12% 11,871 $3.0M No change
COKE Coca-Cola Consolidated Inc. 0.12% 19,816 $3.0M No change
ADSK Autodesk Inc. 0.12% 10,218 $3.0M No change
ESNT Essent Group Ltd. 0.12% 46,347 $3.0M No change
CBOE Cboe Global Markets Inc. 0.12% 11,821 $3.0M No change
AKAM Akamai Technologies Inc. 0.11% 33,231 $2.9M No change
TTC Toro Co. 0.11% 36,771 $2.9M No change
QLYS Qualys Inc. 0.11% 21,243 $2.8M No change
AMGN Amgen Inc. 0.11% 8,585 $2.8M No change
FCN Fti Consulting Inc. 0.11% 16,304 $2.8M No change
DBX Dropbox Inc. Class A 0.11% 100,155 $2.8M No change
GEN Gen Digital Inc. 0.11% 100,797 $2.7M No change
NVR NVR Inc. 0.10% 369 $2.7M No change
NKE Nike Inc. Class B 0.10% 42,141 $2.7M No change
CCI Crown Castle Inc. 0.10% 30,000 $2.7M No change
BOX Box Inc. Class A 0.10% 86,687 $2.6M No change
HUM Humana Inc. 0.10% 10,110 $2.6M No change
GNL Global Net Lease Inc. 0.10% 295,500 $2.5M No change
HD Home Depot Inc. 0.10% 7,298 $2.5M No change
TGT Target Corp. 0.10% 25,633 $2.5M No change
EXP Eagle Materials Inc. 0.10% 12,054 $2.5M No change
G Genpact Ltd. 0.10% 53,099 $2.5M No change
SAIC Science Applications Inte 0.09% 23,827 $2.4M No change
SIRI Sirius XM Holdings Inc. 0.09% 118,658 $2.4M No change
FR First Industrial Realty TR 0.09% 41,260 $2.4M No change
ACIW Aci Worldwide Inc. 0.09% 48,897 $2.3M No change
CPAY Corpay Inc. 0.09% 7,671 $2.3M No change
CACC Credit Acceptance Corp. 0.09% 5,180 $2.3M No change
NXRT Nexpoint Residential 0.08% 72,082 $2.2M No change
BAH Booz Allen Hamilton Holdings 0.08% 25,580 $2.2M No change
ELV Elevance Health Inc. 0.08% 6,150 $2.2M No change
OC Owens Corning 0.08% 18,730 $2.1M No change
HIW Highwoods Properties Inc. 0.08% 80,000 $2.1M No change
FTV Fortive Corp. 0.08% 36,555 $2.0M No change
TNET Trinet Group Inc. 0.08% 33,760 $2.0M No change
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.08% 16,094 $2.0M No change
NTNX Nutanix Inc. Class A 0.08% 38,317 $2.0M No change
EEFT Euronet Worldwide Inc. 0.07% 25,036 $1.9M No change
CUZ Cousins Properties Inc. 0.07% 72,500 $1.9M No change
GDDY GoDaddy Inc. Class A 0.07% 14,850 $1.8M No change
HST Host Hotels & Resorts Inc. 0.07% 103,525 $1.8M No change
CAG Conagra Brands Inc. 0.07% 100,305 $1.7M No change
ARE Alexandria Real Estate Equit 0.07% 35,000 $1.7M Add +5733.3%
IRDM Iridium Communications Inc. 0.07% 97,919 $1.7M No change
UNH Unitedhealth Group Inc. 0.07% 5,105 $1.7M No change
BRX Brixmor Property Group Inc. 0.07% 64,200 $1.7M No change
EXR Extra Space Storage Inc. 0.06% 12,350 $1.6M No change
REXR Rexford Industrial Realty Inc. 0.06% 40,000 $1.5M No change
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.06% 51,763 $1.5M No change
CURB Curbline Properties Corp. 0.05% 60,000 $1.4M No change
EGP Eastgroup Properties Inc. 0.05% 7,395 $1.3M No change
DOC Healthpeak Properties Inc. 0.05% 74,763 $1.2M No change
NSP Insperity Inc. 0.05% 29,963 $1.2M No change
SAFE Safehold Inc. 0.04% 82,800 $1.1M No change
MAA Mid-America Apartment Comm 0.04% 8,000 $1.1M No change
PSA Public Storage 0.04% 3,700 $960K No change
APLE Apple Hospitality REIT Inc. 0.03% 75,000 $889K No change
LINE Lineage Inc. 0.03% 25,000 $875K No change
RAL Ralliant Corp. 0.02% 12,184 $620K No change
INVH Invitation Homes Inc. 0.02% 20,628 $573K No change

Portfolio Sells Q3 2025 → Q4 2025
YUM Yum! Brands Inc. Reduce -27.4% 2.50% −0.97
VTR Ventas Inc. Reduce -11.8% 0.15% −0.00

Portfolio Buys Q3 2025 → Q4 2025
ARE Alexandria Real Estate Equit Add +5733.3% 0.07% +0.06

Notes & Other Activity Q3 2025 → Q4 2025
COHEN & STEERS INFRASTRU RIGHT 10/16/2025 Sold out 2,750,000 $215Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 124$2.6BBRK.A, JPM, EPD, BRK.B, CSCO
Q1 2026 106$2.4BBRK.A, JPM, EPD, BRK.B, CSCO
Q4 2025 106$2.6BBRK.A, JPM, BRK.B, EPD, EVR
Q3 2025 106$2.6BBRK.A, JPM, BRK.B, EPD, MSFT
Q2 2025 107$2.5BBRK.A, JPM, BRK.B, EPD, MSFT
Q1 2025 109$2.4BBRK.A, JPM, BRK.B, EPD, YUM
Q4 2024 108$2.3BBRK.A, JPM, BRK.B, YUM, EPD
Q3 2024 108$2.3BBRK.A, JPM, BRK.B, YUM, EPD
Q2 2024 110$2.1BBRK.A, JPM, BRK.B, YUM, EPD
Q1 2024 106$2.2BBRK.A, JPM, BRK.B, YUM, EPD