Perbak Capital Partners LLP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Perbak Capital Partners LLP reported 294 stock positions worth $406.4 million. Its top holding was SS Industrial Select Sector (XLI) at 18.4% of the portfolio, followed by SS Consumer Disc Select Sect (XLY, 4.2%) and SS Consumer Staples Sel Sect (XLP, 4.0%). Compared with Q4 2025, it opened 177 new positions, sold out of 103, added to 98 and reduced 19. The biggest buy was SS Industrial Select Sector (XLI, shares +93%) and the biggest sale Invesco S&P 500 Equal Weight (RSP, shares −82%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001968437
- Portfolio Value
- $406.4M (Q1 2026)
- SEC Filing
- 0000902664-26-002476 ↗ filed May 15, 2026
Holdings Value
Holdings 294 stocks · $406.4M
| XLI SS Industrial Select Sector | 18.38% | 461,922 | $74.7M | Add +93.0% |
| XLY SS Consumer Disc Select Sect | 4.16% | 155,076 | $16.9M | New |
| XLP SS Consumer Staples Sel Sect | 4.02% | 199,409 | $16.3M | Reduce -4.0% |
| OIH Vaneck Oil Services ETF | 3.39% | 34,112 | $13.8M | Reduce -47.4% |
| KIE SS SPDR S&P Insurance ETF | 2.83% | 208,841 | $11.5M | Reduce -28.6% |
| RSP Invesco S&P 500 Equal Weight | 2.74% | 57,970 | $11.1M | Reduce -82.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.68% | 16,753 | $10.9M | Reduce -75.3% |
| VNQ Vanguard Real Estate ETF | 2.13% | 97,504 | $8.6M | New |
| XLB SS Materials Select Sector | 2.11% | 171,243 | $8.6M | New |
| XLV SS Health Care Select Sector | 2.10% | 58,330 | $8.6M | New |
| BAH Booz Allen Hamilton Holdings | 1.51% | 78,444 | $6.1M | New |
| SOXX iShares Semiconductor ETF | 1.12% | 13,812 | $4.5M | Reduce -50.1% |
| DKNG Draftkings Inc. Class A | 1.00% | 188,913 | $4.1M | Add +116.6% |
| XHB SS SPDR S&P Homebldrs ETF | 0.99% | 40,892 | $4.0M | Add +3.7% |
| NOC Northrop Grumman Corp. | 0.99% | 5,906 | $4.0M | New |
| ACN Accenture PLC Class A | 0.99% | 20,293 | $4.0M | New |
| LMT Lockheed Martin Corp. | 0.93% | 6,286 | $3.8M | New |
| GE General Electric filed as GE AEROSPACE | 0.83% | 11,952 | $3.4M | New |
| GD General Dynamics Corp. | 0.81% | 9,584 | $3.3M | New |
| RTX RTX Corp. | 0.76% | 16,087 | $3.1M | New |
| SARO Standardaero Inc. | 0.70% | 109,800 | $2.8M | New |
| SLGN Silgan Holdings Inc. | 0.63% | 65,543 | $2.5M | New |
| PKG Packaging Corp. of America | 0.53% | 10,156 | $2.2M | Add +355.2% |
| NVT Nvent Electric PLC | 0.46% | 15,961 | $1.9M | New |
| MOD Modine Manufacturing Co. | 0.45% | 8,486 | $1.8M | New |
| LSTR Landstar System Inc. | 0.45% | 11,430 | $1.8M | Add +137.9% |
| IP International Paper Co. | 0.45% | 50,932 | $1.8M | New |
| CNC Centene Corp. | 0.45% | 55,380 | $1.8M | New |
| VRT Vertiv Holdings Co. Class A | 0.45% | 7,220 | $1.8M | Add +1.8% |
| KTOS Kratos Defense & Security | 0.41% | 23,482 | $1.7M | New |
| HUM Humana Inc. | 0.39% | 9,194 | $1.6M | New |
| CVS CVS Health Corp. | 0.35% | 20,078 | $1.4M | New |
| ADSK Autodesk Inc. | 0.34% | 5,795 | $1.4M | New |
| EXPD Expeditors Intl Wash Inc. | 0.31% | 8,834 | $1.3M | Add +79.6% |
| PTC PTC Inc. | 0.31% | 8,797 | $1.3M | New |
| GEV GE Vernova Inc. | 0.29% | 1,366 | $1.2M | Reduce -29.3% |
| ALKS Alkermes PLC | 0.27% | 31,185 | $1.1M | New |
| CHRW C.H. Robinson Worldwide Inc. | 0.26% | 6,419 | $1.1M | Add +37.4% |
| RF Regions Financial Corp. | 0.26% | 39,865 | $1.0M | New |
| CI The Cigna Group | 0.26% | 3,896 | $1.0M | New |
| FNB FNB Corp. | 0.26% | 61,991 | $1.0M | New |
| MOH Molina Healthcare Inc. | 0.25% | 7,755 | $1.0M | New |
| LOW Lowe's Cos Inc. | 0.25% | 4,356 | $1.0M | Add +128.5% |
| PJT PJT Partners Inc. Class A | 0.25% | 7,349 | $1.0M | Add +222.0% |
| HWC Hancock Whitney Corp. | 0.25% | 16,110 | $1.0M | New |
| PB Prosperity Bancshares Inc. | 0.25% | 15,221 | $1.0M | New |
| GNW Genworth Financial Inc. | 0.25% | 125,533 | $1.0M | New |
| ESNT Essent Group Ltd. | 0.25% | 17,372 | $1.0M | Add +153.9% |
| SCI Service Corp. International | 0.25% | 12,296 | $1.0M | Add +126.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.25% | 6,333 | $1.0M | Add +324.8% |
| ZWS Zurn Elkay Water Solutions C | 0.25% | 22,544 | $1.0M | Add +291.8% |
| CAG Conagra Brands Inc. | 0.25% | 64,214 | $1.0M | Add +140.7% |
| WSM Williams-Sonoma Inc. | 0.25% | 5,531 | $1.0M | Add +132.7% |
| ALLE Allegion PLC | 0.25% | 6,940 | $1.0M | Add +325.3% |
| USB US Bancorp | 0.25% | 19,362 | $1.0M | New |
| SAM Boston Beer Company Inc. Class A | 0.25% | 4,365 | $1.0M | Add +284.2% |
| BX Blackstone Inc. | 0.25% | 8,728 | $1.0M | Add +196.4% |
| NEU Newmarket Corp. | 0.25% | 1,558 | $999K | New |
| GRMN Garmin Ltd. | 0.24% | 4,291 | $996K | New |
| HST Host Hotels & Resorts Inc. | 0.24% | 51,925 | $995K | Add +159.8% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.24% | 4,695 | $995K | New |
| MRP Millrose Properties | 0.24% | 35,467 | $993K | Add +315.6% |
| PPC Pilgrim's Pride Corp. | 0.24% | 26,277 | $992K | Add +306.7% |
| CMCSA Comcast Corp. Class A | 0.24% | 34,432 | $989K | Add +238.6% |
| CCK Crown Holdings Inc. | 0.24% | 9,838 | $986K | New |
| ICUI Icu Medical Inc. | 0.24% | 7,631 | $986K | Add +153.9% |
| WSO Watsco Inc. | 0.24% | 2,700 | $982K | Add +105.8% |
| RBC RBC Bearings Inc. | 0.24% | 1,807 | $981K | Reduce -81.3% |
| NKE Nike Inc. Class B | 0.24% | 18,482 | $976K | Add +141.6% |
| ADC Agree Realty Corp. | 0.24% | 12,947 | $976K | New |
| CL Colgate-Palmolive Co. | 0.24% | 11,443 | $975K | Add +295.7% |
| SPG Simon Property Group Inc. | 0.24% | 5,187 | $968K | Add +320.7% |
| SNA Snap-on Inc. | 0.24% | 2,659 | $966K | Add +108.5% |
| COLM Columbia Sportswear Co. | 0.24% | 17,588 | $964K | Add +120.7% |
| BLK BlackRock Inc. | 0.24% | 999 | $961K | Add +191.3% |
| NOG Northern Oil and Gas Inc. | 0.23% | 32,544 | $951K | New |
| DDS Dillards Inc. Class A | 0.23% | 1,651 | $945K | Add +165.4% |
| CTVA Corteva Inc. | 0.23% | 11,240 | $941K | Add +92.5% |
| AM Antero Midstream Corp. | 0.23% | 41,235 | $940K | New |
| OHI Omega Healthcare Investors | 0.23% | 21,424 | $939K | New |
| PAYC Paycom Software Inc. | 0.23% | 7,708 | $937K | Add +178.7% |
| REGN Regeneron Pharmaceuticals | 0.23% | 1,205 | $931K | Add +283.8% |
| RMD Resmed Inc. | 0.23% | 4,140 | $929K | Add +195.3% |
| STNG Scorpio Tankers Inc. | 0.23% | 12,441 | $929K | Add +158.4% |
| TPR Tapestry Inc. | 0.23% | 6,504 | $918K | Add +297.8% |
| STLD Steel Dynamics Inc. | 0.23% | 5,092 | $917K | Add +95.8% |
| LCII Lci Industries | 0.23% | 7,436 | $914K | New |
| AIT Applied Industrial Tech Inc. | 0.22% | 3,435 | $911K | Add +102.5% |
| TTC Toro Co. | 0.22% | 9,584 | $896K | New |
| OLED Universal Display Corp. | 0.22% | 9,693 | $888K | New |
| UPS United Parcel Service Class B | 0.22% | 8,911 | $877K | Add +28.2% |
| VEEV Veeva Systems Inc. Class A | 0.21% | 4,916 | $864K | Add +262.3% |
| CBT Cabot Corp. | 0.21% | 11,446 | $862K | New |
| CALM Cal-Maine Foods Inc. | 0.21% | 10,890 | $862K | New |
| CMI Cummins Inc. | 0.21% | 1,596 | $859K | Add +118.3% |
| PECO Phillips Edison & Company Inc. | 0.21% | 22,835 | $854K | New |
| UTHR United Therapeutics Corp. | 0.21% | 1,438 | $853K | New |
| NTAP Netapp Inc. | 0.21% | 8,327 | $853K | Add +119.8% |
| EXLS Exlservice Holdings Inc. | 0.21% | 27,995 | $852K | Add +206.3% |
| CASY Casey's General Stores Inc. | 0.21% | 1,158 | $843K | New |
Portfolio Sells Q4 2025 → Q1 2026
| RSP Invesco S&P 500 Equal Weight | Reduce -82.1% | 2.74% | −16.22 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -75.3% | 2.68% | −11.42 |
| KIE SS SPDR S&P Insurance ETF | Reduce -28.6% | 2.83% | −2.54 |
| OIH Vaneck Oil Services ETF | Reduce -47.4% | 3.39% | −2.24 |
| SOXX iShares Semiconductor ETF | Reduce -50.1% | 1.12% | −1.43 |
| XRT SS SPDR S&P Retail ETF | Sold out | 0.00% | −1.37 |
| WAT Waters Corp. | Sold out | 0.00% | −1.36 |
| QGEN Qiagen N.V. | Sold out | 0.00% | −1.32 |
| ILMN Illumina Inc. | Sold out | 0.00% | −1.26 |
| DHR Danaher Corp. | Sold out | 0.00% | −1.17 |
| MTD Mettler-Toledo International | Sold out | 0.00% | −1.10 |
| LYV Live Nation Entertainment Inc. | Sold out | 0.00% | −1.09 |
| RBC RBC Bearings Inc. | Reduce -81.3% | 0.24% | −1.08 |
| BIO Bio-Rad Laboratories-A | Sold out | 0.00% | −1.03 |
| XLP SS Consumer Staples Sel Sect | Reduce -4.0% | 4.02% | −0.90 |
| MTZ Mastec Inc. | Sold out | 0.00% | −0.49 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.42 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.40 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.31 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −0.28 |
| ADI Analog Devices Inc. | Reduce -69.1% | 0.10% | −0.24 |
| MRVL Marvell Technology Inc. | Reduce -76.5% | 0.06% | −0.22 |
| R Ryder System Inc. | Sold out | 0.00% | −0.21 |
| COP Conocophillips | Sold out | 0.00% | −0.15 |
| ODFL Old Dominion Freight Line | Reduce -44.5% | 0.18% | −0.14 |
| EMN Eastman Chemical Co. | Sold out | 0.00% | −0.14 |
| RACE Ferrari NV | Sold out | 0.00% | −0.14 |
| LIN Linde PLC | Sold out | 0.00% | −0.14 |
| ZBH Zimmer Biomet Holdings Inc. | Sold out | 0.00% | −0.14 |
| EEFT Euronet Worldwide Inc. | Sold out | 0.00% | −0.14 |
| KMI Kinder Morgan Inc. | Sold out | 0.00% | −0.14 |
| BC Brunswick Corp. | Sold out | 0.00% | −0.14 |
| CAKE The Cheesecake Factory Inc. | Sold out | 0.00% | −0.13 |
| MTG Mgic Investment Corp. | Sold out | 0.00% | −0.13 |
| CSL Carlisle Cos Inc. | Sold out | 0.00% | −0.13 |
| DOV Dover Corp. | Sold out | 0.00% | −0.13 |
| WH Wyndham Hotels & Resorts Inc. | Sold out | 0.00% | −0.13 |
| CROX Crocs Inc. | Sold out | 0.00% | −0.13 |
| H Hyatt Hotels Corp. Class A | Sold out | 0.00% | −0.13 |
| RVTY Revvity Inc. | Sold out | 0.00% | −0.13 |
| NSP Insperity Inc. | Sold out | 0.00% | −0.13 |
| MUSA Murphy USA Inc. | Sold out | 0.00% | −0.13 |
| AKAM Akamai Technologies Inc. | Sold out | 0.00% | −0.13 |
| TPH Tri Pointe Homes Inc. | Sold out | 0.00% | −0.13 |
| PNR Pentair PLC | Sold out | 0.00% | −0.13 |
| RVLV Revolve Group Inc. Class A | Sold out | 0.00% | −0.13 |
| FSS Federal Signal Corp. | Sold out | 0.00% | −0.13 |
| APTV Aptiv PLC | Sold out | 0.00% | −0.13 |
| CSW CSW Industrials Inc. | Sold out | 0.00% | −0.13 |
| PCVX Vaxcyte Inc. | Sold out | 0.00% | −0.13 |
Portfolio Buys Q4 2025 → Q1 2026
| XLI SS Industrial Select Sector | Add +93.0% | 18.38% | +7.06 |
| XLY SS Consumer Disc Select Sect | New | 4.16% | +4.16 |
| VNQ Vanguard Real Estate ETF | New | 2.13% | +2.13 |
| XLB SS Materials Select Sector | New | 2.11% | +2.11 |
| XLV SS Health Care Select Sector | New | 2.10% | +2.10 |
| BAH Booz Allen Hamilton Holdings | New | 1.51% | +1.51 |
| NOC Northrop Grumman Corp. | New | 0.99% | +0.99 |
| ACN Accenture PLC Class A | New | 0.99% | +0.99 |
| LMT Lockheed Martin Corp. | New | 0.93% | +0.93 |
| GE General Electric | New | 0.83% | +0.83 |
| GD General Dynamics Corp. | New | 0.81% | +0.81 |
| RTX RTX Corp. | New | 0.76% | +0.76 |
| SARO Standardaero Inc. | New | 0.70% | +0.70 |
| SLGN Silgan Holdings Inc. | New | 0.63% | +0.63 |
| NVT Nvent Electric PLC | New | 0.46% | +0.46 |
| MOD Modine Manufacturing Co. | New | 0.45% | +0.45 |
| IP International Paper Co. | New | 0.45% | +0.45 |
| CNC Centene Corp. | New | 0.45% | +0.45 |
| KTOS Kratos Defense & Security | New | 0.41% | +0.41 |
| HUM Humana Inc. | New | 0.39% | +0.39 |
| PKG Packaging Corp. of America | Add +355.2% | 0.53% | +0.39 |
| CVS CVS Health Corp. | New | 0.35% | +0.35 |
| ADSK Autodesk Inc. | New | 0.34% | +0.34 |
| PTC PTC Inc. | New | 0.31% | +0.31 |
| ALKS Alkermes PLC | New | 0.27% | +0.27 |
| RF Regions Financial Corp. | New | 0.26% | +0.26 |
| CI The Cigna Group | New | 0.26% | +0.26 |
| FNB FNB Corp. | New | 0.26% | +0.26 |
| MOH Molina Healthcare Inc. | New | 0.25% | +0.25 |
| HWC Hancock Whitney Corp. | New | 0.25% | +0.25 |
| PB Prosperity Bancshares Inc. | New | 0.25% | +0.25 |
| GNW Genworth Financial Inc. | New | 0.25% | +0.25 |
| USB US Bancorp | New | 0.25% | +0.25 |
| NEU Newmarket Corp. | New | 0.25% | +0.25 |
| GRMN Garmin Ltd. | New | 0.24% | +0.24 |
| JBHT Hunt (jb) Transprt SVCS Inc. | New | 0.24% | +0.24 |
| CCK Crown Holdings Inc. | New | 0.24% | +0.24 |
| ADC Agree Realty Corp. | New | 0.24% | +0.24 |
| LSTR Landstar System Inc. | Add +137.9% | 0.45% | +0.24 |
| NOG Northern Oil and Gas Inc. | New | 0.23% | +0.23 |
| AM Antero Midstream Corp. | New | 0.23% | +0.23 |
| OHI Omega Healthcare Investors | New | 0.23% | +0.23 |
| LCII Lci Industries | New | 0.23% | +0.23 |
| TTC Toro Co. | New | 0.22% | +0.22 |
| OLED Universal Display Corp. | New | 0.22% | +0.22 |
| CBT Cabot Corp. | New | 0.21% | +0.21 |
| CALM Cal-Maine Foods Inc. | New | 0.21% | +0.21 |
| PECO Phillips Edison & Company Inc. | New | 0.21% | +0.21 |
| UTHR United Therapeutics Corp. | New | 0.21% | +0.21 |
| CASY Casey's General Stores Inc. | New | 0.21% | +0.21 |
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 |