PB Investment Partners, L.P.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), PB Investment Partners, L.P. reported 8 stock positions worth $147.3 million. Its top holding was Capital One Financial (COF) at 22.3% of the portfolio, followed by Hilton Grand Vacations (HGV, 19.6%) and Apollo Global Management (APO, 14.8%). Compared with Q2 2025, it added to 3 and reduced 2. The biggest buy was BlackRock (BLK, shares +31%) and the biggest sale Progressive (PGR, shares −60%).
- Most Recent 13F
- Q2 2026
- Location
- BURLINGAME, CA
- CIK
- 0001910391
- Portfolio Value
- $147.3M (Q3 2025)
- SEC Filing
- 0001420506-25-003088 ↗ filed Nov 12, 2025
Holdings Value
Holdings 8 stocks · $147.3M
| COF Capital One Financial Corp. | 22.27% | 154,259 | $32.8M | No change |
| HGV Hilton Grand Vacations Inc. | 19.62% | 691,136 | $28.9M | Add +13.3% |
| APO Apollo Global Management Inc. | 14.81% | 163,726 | $21.8M | No change |
| OMF Onemain Holdings Inc. | 12.14% | 316,721 | $17.9M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 11.46% | 327,081 | $16.9M | Reduce -3.1% |
| BLK BlackRock Inc. | 10.71% | 13,529 | $15.8M | Add +30.6% |
| GBTG Global Business Travel Group | 5.10% | 930,119 | $7.5M | Add +11.3% |
| PGR Progressive Corp. | 3.89% | 23,199 | $5.7M | Reduce -60.1% |
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 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 |