Perbak Capital Partners LLP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Perbak Capital Partners LLP reported 31 stock positions worth $142.5 million. Its top holding was SS Industrial Select Sector (XLI) at 26.2% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 14.8%) and iShares Global Clean Energy (ICLN, 9.6%). Compared with Q2 2024, it opened 2 new positions, sold out of 26, added to 7 and reduced 22. The biggest buy was SS Industrial Select Sector (XLI, shares +14%) and the biggest sale an exit from SS Consumer Staples Sel Sect (XLP).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001968437
- Portfolio Value
- $142.5M (Q3 2024)
- SEC Filing
- 0000902664-24-006609 ↗ filed Nov 14, 2024
Holdings Value
Holdings 31 stocks · $142.5M
| XLI SS Industrial Select Sector | 26.19% | 275,527 | $37.3M | Add +14.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 14.83% | 36,837 | $21.1M | Reduce -64.0% |
| ICLN iShares Global Clean Energy | 9.60% | 931,332 | $13.7M | Add +90.1% |
| IYH iShares U.S. Healthcare ETF | 6.98% | 152,917 | $9.9M | Reduce -64.3% |
| XLY SS Consumer Disc Select Sect | 4.79% | 34,054 | $6.8M | Reduce -76.7% |
| TMUS T-Mobile US Inc. | 2.71% | 18,695 | $3.9M | Reduce -47.5% |
| MOH Molina Healthcare Inc. | 2.62% | 10,846 | $3.7M | Add +102.4% |
| CI The Cigna Group | 2.51% | 10,340 | $3.6M | Add +91.2% |
| IWM iShares Russell 2000 ETF | 2.36% | 15,233 | $3.4M | Reduce -40.0% |
| UNH Unitedhealth Group Inc. | 2.36% | 5,748 | $3.4M | Add +25.8% |
| F Ford Motor Co. filed as FORD MTR CO | 2.15% | 290,345 | $3.1M | Reduce -22.4% |
| VZ Verizon Communications Inc. | 2.14% | 67,857 | $3.0M | Reduce -53.9% |
| ELV Elevance Health Inc. | 2.10% | 5,744 | $3.0M | Add +39.8% |
| YUM Yum! Brands Inc. | 1.92% | 19,594 | $2.7M | Add +6.8% |
| XLV SS Health Care Select Sector | 1.91% | 17,700 | $2.7M | Reduce -80.3% |
| CVNA Carvana Co. | 1.83% | 14,956 | $2.6M | New |
| KBWB Invesco KBW Bank ETF | 1.70% | 41,404 | $2.4M | Reduce -76.0% |
| MCD McDonald's Corp. | 1.40% | 6,548 | $2.0M | Reduce -39.6% |
| UHS Universal Health Services-B | 1.28% | 7,937 | $1.8M | Reduce -60.4% |
| T AT&T Inc. | 1.27% | 82,088 | $1.8M | Reduce -75.9% |
| DPZ Domino's Pizza Inc. | 0.94% | 3,119 | $1.3M | Reduce -22.2% |
| QSR Restaurant Brands Intern | 0.88% | 17,354 | $1.3M | Reduce -33.7% |
| CMG Chipotle Mexican Grill Inc. | 0.85% | 21,012 | $1.2M | Reduce -24.6% |
| THC Tenet Healthcare Corp. | 0.73% | 6,262 | $1.0M | Reduce -70.1% |
| ACM Aecom | 0.71% | 9,747 | $1.0M | Reduce -77.6% |
| HCA HCA Healthcare Inc. | 0.64% | 2,237 | $909K | Reduce -76.0% |
| EHC Encompass Health Corp. | 0.63% | 9,274 | $896K | Reduce -88.2% |
| ENSG The Ensign Group Inc. | 0.57% | 5,659 | $814K | Reduce -76.4% |
| PWR Quanta Services Inc. | 0.55% | 2,613 | $779K | Reduce -77.3% |
| MTZ Mastec Inc. | 0.51% | 5,939 | $731K | Reduce -80.4% |
| EMR Emerson Electric Co. | 0.34% | 4,467 | $489K | New |
Portfolio Sells Q2 2024 → Q3 2024
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −6.90 |
| MMM 3M Co. | Sold out | 0.00% | −3.13 |
| XLY SS Consumer Disc Select Sect | Reduce -76.7% | 4.79% | −3.10 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −2.02 |
| XLV SS Health Care Select Sector | Reduce -80.3% | 1.91% | −1.96 |
| GM General Motors Co. | Sold out | 0.00% | −1.80 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -64.0% | 14.83% | −1.63 |
| IDXX Idexx Laboratories Inc. | Sold out | 0.00% | −1.43 |
| ELAN Elanco Animal Health Inc. | Sold out | 0.00% | −1.42 |
| EHC Encompass Health Corp. | Reduce -88.2% | 0.63% | −1.36 |
| HPQ HP Inc. | Sold out | 0.00% | −1.16 |
| KBWB Invesco KBW Bank ETF | Reduce -76.0% | 1.70% | −1.03 |
| WCN Waste Connections Inc. | Sold out | 0.00% | −1.02 |
| J Jacobs Solutions Inc. | Sold out | 0.00% | −0.93 |
| FLR Fluor Corp. | Sold out | 0.00% | −0.88 |
| RSG Republic Services Inc. | Sold out | 0.00% | −0.82 |
| IYH iShares U.S. Healthcare ETF | Reduce -64.3% | 6.98% | −0.78 |
| T AT&T Inc. | Reduce -75.9% | 1.27% | −0.66 |
| IYK iShares US Consumer Staples | Sold out | 0.00% | −0.65 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.65 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.60 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.55 |
| EBAY eBay Inc. | Sold out | 0.00% | −0.52 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.49 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.47 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.46 |
| MTZ Mastec Inc. | Reduce -80.4% | 0.51% | −0.44 |
| ACM Aecom | Reduce -77.6% | 0.71% | −0.43 |
| CG The Carlyle Group Inc. | Sold out | 0.00% | −0.42 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −0.39 |
| ETSY Etsy Inc. | Sold out | 0.00% | −0.36 |
| LYFT LYFT Inc. Class A | Sold out | 0.00% | −0.32 |
| PWR Quanta Services Inc. | Reduce -77.3% | 0.55% | −0.32 |
| ENSG The Ensign Group Inc. | Reduce -76.4% | 0.57% | −0.31 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.28 |
| HCA HCA Healthcare Inc. | Reduce -76.0% | 0.64% | −0.25 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −0.20 |
| RMD Resmed Inc. | Sold out | 0.00% | −0.12 |
| THC Tenet Healthcare Corp. | Reduce -70.1% | 0.73% | −0.09 |
| UHS Universal Health Services-B | Reduce -60.4% | 1.28% | +0.18 |
| DPZ Domino's Pizza Inc. | Reduce -22.2% | 0.94% | +0.33 |
| CMG Chipotle Mexican Grill Inc. | Reduce -24.6% | 0.85% | +0.33 |
| QSR Restaurant Brands Intern | Reduce -33.7% | 0.88% | +0.33 |
| VZ Verizon Communications Inc. | Reduce -53.9% | 2.14% | +0.34 |
| MCD McDonald's Corp. | Reduce -39.6% | 1.40% | +0.58 |
| F Ford Motor Co. | Reduce -22.4% | 2.15% | +0.76 |
| IWM iShares Russell 2000 ETF | Reduce -40.0% | 2.36% | +0.84 |
| TMUS T-Mobile US Inc. | Reduce -47.5% | 2.71% | +0.85 |
Portfolio Buys Q2 2024 → Q3 2024
| XLI SS Industrial Select Sector | Add +14.0% | 26.19% | +17.48 |
| ICLN iShares Global Clean Energy | Add +90.1% | 9.60% | +7.67 |
| MOH Molina Healthcare Inc. | Add +102.4% | 2.62% | +2.15 |
| CI The Cigna Group | Add +91.2% | 2.51% | +1.99 |
| CVNA Carvana Co. | New | 1.83% | +1.83 |
| UNH Unitedhealth Group Inc. | Add +25.8% | 2.36% | +1.67 |
| ELV Elevance Health Inc. | Add +39.8% | 2.10% | +1.44 |
| YUM Yum! Brands Inc. | Add +6.8% | 1.92% | +1.20 |
| EMR Emerson Electric Co. | New | 0.34% | +0.34 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 0 | $0 | |
| Q1 2026 | 294 | $406.4M | XLI, XLY, XLP, OIH, KIE |
| Q4 2025 | 219 | $327.7M | RSP, SPY, XLI, OIH, KIE |
| Q3 2025 | 288 | $568.0M | XLI, RSP, XLP, SPY, XLV |
| Q2 2025 | 275 | $442.3M | RSP, XLI, SPY, XLP, XLF |
| Q1 2025 | 194 | $134.9M | XLI, SPY, ICLN, XLF, XLV |
| Q4 2024 | 65 | $187.2M | SPY, IWM, ICLN, XLI, IGV |
| Q3 2024 | 31 | $142.5M | XLI, SPY, ICLN, IYH, XLY |
| Q2 2024 | 55 | $338.2M | SPY, XLI, XLY, IYH, XLP |
| Q1 2024 | 11 | $79.6M | ICLN, CVNA, SLGN, GPK, AMCR |