PB Investment Partners, L.P.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 28, 2025), PB Investment Partners, L.P. reported 8 stock positions worth $147.0 million. Its top holding was Capital One Financial (COF) at 22.3% of the portfolio, followed by Hilton Grand Vacations (HGV, 17.2%) and Apollo Global Management (APO, 15.8%). Compared with Q1 2025, it opened 1 new position, sold out of 1, added to 3 and reduced 4. The biggest buy was a new position in BlackRock (BLK) and the biggest sale Progressive (PGR, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- BURLINGAME, CA
- CIK
- 0001910391
- Portfolio Value
- $147.0M (Q2 2025)
- SEC Filing
- 0001420506-25-001598 ↗ filed Jul 28, 2025
Holdings Value
Holdings 8 stocks · $147.0M
| COF Capital One Financial Corp. | 22.32% | 154,259 | $32.8M | Add +2.3% |
| HGV Hilton Grand Vacations Inc. | 17.23% | 610,098 | $25.3M | Add +6.7% |
| APO Apollo Global Management Inc. | 15.80% | 163,726 | $23.2M | Reduce -2.5% |
| OMF Onemain Holdings Inc. | 12.28% | 316,721 | $18.1M | Reduce -3.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 10.86% | 337,613 | $16.0M | Reduce -10.6% |
| PGR Progressive Corp. | 10.54% | 58,086 | $15.5M | Reduce -10.7% |
| BLK BlackRock Inc. | 7.39% | 10,359 | $10.9M | New |
| GBTG Global Business Travel Group | 3.58% | 835,496 | $5.3M | Add +36.2% |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 9 | $150.2M | HGV, COF, APO, BLK, OMF |
| Q1 2026 | 10 | $127.1M | HGV, COF, APO, BLK, OMF |
| Q4 2025 | 9 | $157.4M | COF, HGV, APO, OMF, BAC |
| Q3 2025 | 8 | $147.3M | COF, HGV, APO, OMF, BAC |
| Q2 2025 | 8 | $147.0M | COF, HGV, APO, OMF, BAC |
| Q1 2025 | 8 | $126.3M | COF, APO, HGV, PGR, OMF |
| Q4 2024 | 8 | $133.5M | APO, COF, HGV, OMF, BAC |
| Q3 2024 | 8 | $117.7M | COF, APO, PGR, HGV, OMF |
| Q2 2024 | 9 | $123.2M | HGV, PGR, OMF, COF, APO |
| Q1 2024 | 8 | $132.7M | COF, PGR, HGV, APO, OMF |