Prospector Partners LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Prospector Partners LLC reported 80 stock positions worth $865.8 million. Its top holding was Brown & Brown (BRO) at 4.1% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 4.0%) and Globe Life (GL, 3.2%). Compared with Q4 2024, it opened 7 new positions, sold out of 10, added to 20 and reduced 34. The biggest buy was a new position in Kenvue (KVUE) and the biggest sale an exit from Aptiv (APTV).
- Most Recent 13F
- Q4 2025
- Location
- GUILFORD, CT
- CIK
- 0001080380
- Portfolio Value
- $865.8M (Q1 2025)
- SEC Filing
- 0001398344-25-009285 ↗ filed May 13, 2025
Holdings Value
Holdings 80 stocks · $865.8M
| BRO Brown & Brown Inc. | 4.08% | 283,640 | $35.3M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.99% | 64,810 | $34.5M | No change |
| GL Globe Life Inc. | 3.23% | 212,375 | $28.0M | Reduce -0.5% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 3.22% | 80,752 | $27.9M | Reduce -0.5% |
| ABT Abbott Laboratories | 2.97% | 193,909 | $25.7M | Reduce -10.5% |
| EG Everest Group Ltd. | 2.69% | 64,016 | $23.3M | Add +12.3% |
| PRI Primerica Inc. | 2.53% | 76,878 | $21.9M | Reduce -0.4% |
| PGR Progressive Corp. | 2.35% | 71,817 | $20.3M | Reduce -8.1% |
| PB Prosperity Bancshares Inc. | 2.28% | 276,401 | $19.7M | Add +4.8% |
| PNC PNC Financial Services Group | 2.25% | 110,843 | $19.5M | Add +20.4% |
| DRI Darden Restaurants Inc. | 2.06% | 85,678 | $17.8M | Reduce -0.4% |
| ETN Eaton Corp. PLC | 2.03% | 64,629 | $17.6M | Reduce -9.8% |
| CARR Carrier Global Corp. | 2.01% | 273,975 | $17.4M | Reduce -0.5% |
| SSB Southstate Bank Corp. | 2.00% | 186,303 | $17.3M | Add +0.1% |
| XOM Exxon Mobil Corp. | 1.94% | 140,897 | $16.8M | Add +0.1% |
| LFUS Littelfuse Inc. | 1.87% | 82,377 | $16.2M | Reduce -0.1% |
| MRK Merck & Co. Inc. | 1.84% | 177,302 | $15.9M | Reduce -0.6% |
| PPG PPG Industries Inc. | 1.82% | 144,271 | $15.8M | Reduce -0.5% |
| CL Colgate-Palmolive Co. | 1.80% | 166,656 | $15.6M | Reduce -0.5% |
| KEY Keycorp | 1.77% | 957,409 | $15.3M | Add +20.5% |
| JNJ Johnson & Johnson | 1.76% | 91,632 | $15.2M | Add +18.6% |
| CHD Church & Dwight Co. Inc. | 1.75% | 137,673 | $15.2M | Reduce -10.0% |
| ABCB Ameris Bancorp | 1.69% | 253,585 | $14.6M | Add +15.0% |
| CACI Caci International Inc. Class A | 1.62% | 38,191 | $14.0M | Add +61.6% |
| C Citigroup Inc. | 1.61% | 196,506 | $13.9M | Reduce -20.6% |
| KVUE Kenvue Inc. | 1.60% | 577,973 | $13.9M | New |
| CI The Cigna Group | 1.55% | 40,879 | $13.4M | Reduce -0.6% |
| EXPE Expedia Group Inc. | 1.50% | 77,463 | $13.0M | Reduce -0.5% |
| FIS Fidelity National Info Serv | 1.50% | 173,771 | $13.0M | Add +10.8% |
| TRMB Trimble Inc. | 1.47% | 193,301 | $12.7M | Reduce -32.5% |
| CBOE Cboe Global Markets Inc. | 1.44% | 55,274 | $12.5M | Reduce -0.5% |
| LDOS Leidos Holdings Inc. | 1.43% | 91,575 | $12.4M | Reduce -0.5% |
| HHH Howard Hughes Holdings Inc. | 1.39% | 162,010 | $12.0M | Reduce -0.4% |
| HD Home Depot Inc. | 1.38% | 32,670 | $12.0M | Add +0.3% |
| PNR Pentair PLC | 1.32% | 130,788 | $11.4M | Reduce -10.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.21% | 251,321 | $10.5M | Reduce -0.7% |
| HON Honeywell International Inc. | 1.21% | 49,323 | $10.4M | New |
| MDLZ Mondelez International Inc. Class A | 1.20% | 152,740 | $10.4M | Reduce -33.3% |
| SMPL The Simply Good Foods Co. | 1.18% | 295,378 | $10.2M | New |
| ZBRA Zebra Technologies Corp. Class A | 1.11% | 34,110 | $9.6M | Add +74.9% |
| HES Hess Corp. | 1.10% | 59,756 | $9.5M | Reduce -0.5% |
| CW Curtiss-Wright Corp. | 1.04% | 28,316 | $9.0M | Reduce -47.7% |
| FBIN Fortune Brands Innovations I | 1.04% | 147,380 | $9.0M | Add +10.0% |
| TER Teradyne Inc. | 1.00% | 105,061 | $8.7M | Add +59.0% |
| PPLT Abrdn Physical Platinum SHRS | 0.99% | 93,974 | $8.6M | Reduce -0.4% |
| TXRH Texas Roadhouse Inc. | 0.97% | 50,537 | $8.4M | Add +29.1% |
| MSFT Microsoft Corp. | 0.95% | 21,966 | $8.2M | Reduce -0.8% |
| SU Suncor Energy Inc. | 0.92% | 206,825 | $8.0M | Add +4.6% |
| HSIC Henry Schein Inc. | 0.89% | 112,966 | $7.7M | New |
| GOOGL Alphabet Inc. Class A | 0.89% | 49,586 | $7.7M | Add +0.8% |
| PR Permian Resources Corp. Class A | 0.88% | 551,334 | $7.6M | New |
| PJT PJT Partners Inc. Class A | 0.87% | 54,452 | $7.5M | Reduce -0.8% |
| WTM White Mountains Insurance GP | 0.86% | 3,855 | $7.4M | No change |
| RTX RTX Corp. | 0.80% | 52,544 | $7.0M | Reduce -0.8% |
| AEM Agnico Eagle Mines Ltd. | 0.71% | 57,023 | $6.2M | Reduce -4.2% |
| FNB FNB Corp. | 0.69% | 443,612 | $6.0M | Reduce -45.8% |
| FAF First American Financial | 0.68% | 89,225 | $5.9M | No change |
| PAYX Paychex Inc. | 0.64% | 35,975 | $5.6M | Reduce -3.4% |
| NOMD Nomad Foods Ltd. | 0.63% | 277,250 | $5.4M | New |
| VVX V2X Inc. | 0.54% | 94,710 | $4.6M | No change |
| NEM Newmont Corp. | 0.52% | 92,450 | $4.5M | No change |
| NBBK NB Bancorp Inc. | 0.51% | 242,272 | $4.4M | No change |
| NTB Bank of N.T. Butterfield&son | 0.49% | 108,575 | $4.2M | Add +13.5% |
| CUBE Cubesmart | 0.48% | 97,106 | $4.1M | No change |
| AXTA Axalta Coating Systems Ltd. | 0.48% | 124,800 | $4.1M | No change |
| OPCH Option Care Health Inc. | 0.45% | 111,200 | $3.9M | Add +22.9% |
| PFE Pfizer Inc. | 0.42% | 142,455 | $3.6M | Add +60.9% |
| EBAY eBay Inc. | 0.39% | 50,125 | $3.4M | No change |
| HOLX Hologic Inc. | 0.39% | 54,620 | $3.4M | Reduce -66.0% |
| DVN Devon Energy Corp. | 0.35% | 81,930 | $3.1M | No change |
| CCBG Capital City Bank Group Inc. | 0.14% | 32,685 | $1.2M | No change |
| SPFI South Plains Financial Inc. | 0.13% | 33,340 | $1.1M | No change |
| GOOG Alphabet Inc. Class C | 0.11% | 6,225 | $973K | No change |
| HMN Horace Mann Educators | 0.09% | 18,220 | $779K | No change |
| WMPN William Penn Bancorp | 0.07% | 52,800 | $577K | No change |
| TSBK Timberland Bancorp Inc. | 0.07% | 18,672 | $563K | No change |
| FCPT Four Corners Property Trust | 0.06% | 19,563 | $561K | No change |
| AZN Astrazeneca PLC-Spons ADR | 0.06% | 7,055 | $519K | No change |
| BFST Business First Bancshares | 0.06% | 21,000 | $511K | New |
| ST Sensata Technologies Holdplc | 0.04% | 14,900 | $362K | No change |
Options reported separately and not counted above: USB calls ($4.7M), MUR calls ($4.1M), CACI calls ($2.9M).
Other holdings (10): bonds, preferreds, convertibles and warrants · $9.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 1,200,000 | $1.5M | No change |
| DROPBOX INC (DBX 0 03/01/28) | NOTE 3/0 · principal | 1,400,000 | $1.4M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 1,300,000 | $1.3M | No change |
| VISHAY INTERTECHNOLOGY (VSH 2.25 06/15/25) | NOTE 2.250% 6/1 · principal | 1,100,000 | $1.1M | No change |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 1,000,000 | $997K | New |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 1,100,000 | $947K | No change |
| VERINT SYSTEMS INC (VRNT 0.25 04/15/26) | NOTE 0.250% 4/1 · principal | 1,000,000 | $946K | No change |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 1,000,000 | $941K | No change |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 500,000 | $603K | No change |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 200,000 | $211K | New |
Total filed on the 13F, all lines: $875.7M.
Portfolio Sells Q4 2024 → Q1 2025
| APTV Aptiv PLC | Sold out | 0.00% | −1.35 |
| CW Curtiss-Wright Corp. | Reduce -47.7% | 1.04% | −1.16 |
| MUR Murphy Oil Corp. | Sold out | 0.00% | −1.07 |
| AME Ametek Inc. | Sold out | 0.00% | −1.06 |
| OTIS Otis Worldwide Corp. | Sold out | 0.00% | −1.03 |
| HOLX Hologic Inc. | Reduce -66.0% | 0.39% | −0.93 |
| VOYA Voya Financial Inc. | Sold out | 0.00% | −0.89 |
| TRMB Trimble Inc. | Reduce -32.5% | 1.47% | −0.85 |
| FNB FNB Corp. | Reduce -45.8% | 0.69% | −0.69 |
| ETN Eaton Corp. PLC | Reduce -9.8% | 2.03% | −0.69 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.55 |
| GD General Dynamics Corp. | Sold out | 0.00% | −0.53 |
| C Citigroup Inc. | Reduce -20.6% | 1.61% | −0.38 |
| MDLZ Mondelez International Inc. Class A | Reduce -33.3% | 1.20% | −0.37 |
| PNR Pentair PLC | Reduce -10.4% | 1.32% | −0.36 |
| LFUS Littelfuse Inc. | Reduce -0.1% | 1.87% | −0.35 |
| TGLS Tecnoglass Holdings Inc. | Sold out | 0.00% | −0.30 |
| MRK Merck & Co. Inc. | Reduce -0.6% | 1.84% | −0.19 |
| PPG PPG Industries Inc. | Reduce -0.5% | 1.82% | −0.16 |
| EXPE Expedia Group Inc. | Reduce -0.5% | 1.50% | −0.16 |
| CARR Carrier Global Corp. | Reduce -0.5% | 2.01% | −0.15 |
| PJT PJT Partners Inc. Class A | Reduce -0.8% | 0.87% | −0.12 |
| MSFT Microsoft Corp. | Reduce -0.8% | 0.95% | −0.12 |
| LDOS Leidos Holdings Inc. | Reduce -0.5% | 1.43% | −0.09 |
| HG Hamilton Insurance Grou Class B | Sold out | 0.00% | −0.08 |
| CHD Church & Dwight Co. Inc. | Reduce -10.0% | 1.75% | −0.08 |
| LPX Louisiana-Pacific Corp. | Sold out | 0.00% | −0.06 |
| HHH Howard Hughes Holdings Inc. | Reduce -0.4% | 1.39% | −0.05 |
| PAYX Paychex Inc. | Reduce -3.4% | 0.64% | +0.04 |
| CL Colgate-Palmolive Co. | Reduce -0.5% | 1.80% | +0.06 |
| PPLT Abrdn Physical Platinum SHRS | Reduce -0.4% | 0.99% | +0.09 |
| RTX RTX Corp. | Reduce -0.8% | 0.80% | +0.10 |
| SLB SLB Ltd. | Reduce -0.7% | 1.21% | +0.10 |
| PRI Primerica Inc. | Reduce -0.4% | 2.53% | +0.13 |
| ABT Abbott Laboratories | Reduce -10.5% | 2.97% | +0.16 |
| AEM Agnico Eagle Mines Ltd. | Reduce -4.2% | 0.71% | +0.18 |
| HES Hess Corp. | Reduce -0.5% | 1.10% | +0.19 |
| CBOE Cboe Global Markets Inc. | Reduce -0.5% | 1.44% | +0.20 |
| PGR Progressive Corp. | Reduce -8.1% | 2.35% | +0.20 |
| DRI Darden Restaurants Inc. | Reduce -0.4% | 2.06% | +0.22 |
| CI The Cigna Group | Reduce -0.6% | 1.55% | +0.25 |
| GL Globe Life Inc. | Reduce -0.5% | 3.23% | +0.51 |
| AJG Arthur J Gallagher & Co. | Reduce -0.5% | 3.22% | +0.58 |
| BRO Brown & Brown Inc. | Reduce -0.5% | 4.08% | +0.74 |
Portfolio Buys Q4 2024 → Q1 2025
| KVUE Kenvue Inc. | New | 1.60% | +1.60 |
| HON Honeywell International Inc. | New | 1.21% | +1.21 |
| SMPL The Simply Good Foods Co. | New | 1.18% | +1.18 |
| HSIC Henry Schein Inc. | New | 0.89% | +0.89 |
| PR Permian Resources Corp. Class A | New | 0.88% | +0.88 |
| NOMD Nomad Foods Ltd. | New | 0.63% | +0.63 |
| CACI Caci International Inc. Class A | Add +61.6% | 1.62% | +0.53 |
| JNJ Johnson & Johnson | Add +18.6% | 1.76% | +0.48 |
| EG Everest Group Ltd. | Add +12.3% | 2.69% | +0.32 |
| ZBRA Zebra Technologies Corp. Class A | Add +74.9% | 1.11% | +0.25 |
| PNC PNC Financial Services Group | Add +20.4% | 2.25% | +0.22 |
| KEY Keycorp | Add +20.5% | 1.77% | +0.21 |
| OPCH Option Care Health Inc. | Add +22.9% | 0.45% | +0.21 |
| XOM Exxon Mobil Corp. | Add +0.1% | 1.94% | +0.20 |
| TXRH Texas Roadhouse Inc. | Add +29.1% | 0.97% | +0.16 |
| PFE Pfizer Inc. | Add +60.9% | 0.42% | +0.15 |
| SU Suncor Energy Inc. | Add +4.6% | 0.92% | +0.12 |
| ABCB Ameris Bancorp | Add +15.0% | 1.69% | +0.11 |
| NTB Bank of N.T. Butterfield&son | Add +13.5% | 0.49% | +0.09 |
| BFST Business First Bancshares | New | 0.06% | +0.06 |
| TER Teradyne Inc. | Add +59.0% | 1.00% | +0.05 |
| FIS Fidelity National Info Serv | Add +10.8% | 1.50% | +0.05 |
| PB Prosperity Bancshares Inc. | Add +4.8% | 2.28% | +0.00 |
| FBIN Fortune Brands Innovations I | Add +10.0% | 1.04% | −0.01 |
| HD Home Depot Inc. | Add +0.3% | 1.38% | −0.07 |
| SSB Southstate Bank Corp. | Add +0.1% | 2.00% | −0.12 |
| GOOGL Alphabet Inc. Class A | Add +0.8% | 0.89% | −0.18 |
Options Activity Q4 2024 → Q1 2025
| POST Post Holdings Inc. | put | Sold out | 71,500 | $8.2Mbefore exit |
| WFC Wells Fargo & Co. | put | Sold out | 79,200 | $5.6Mbefore exit |
| PRU Prudential Financial Inc. | put | Sold out | 40,000 | $4.7Mbefore exit |
| USB US Bancorp | call | New | 110,200 | $4.7M |
| MUR Murphy Oil Corp. | call | New | 145,000 | $4.1M |
| CACI Caci International Inc. Class A | call | New | 8,000 | $2.9M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | New | 1,000,000 | $997K |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Sold out | 1,000,000 | $728Kbefore exit |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | New | 200,000 | $211K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 16 | $46.7M | XOM, PGR, MSFT, BRK.B, PJT |
| Q3 2025 | 81 | $820.3M | BRK.B, GL, BRO, PNC, ETN |
| Q2 2025 | 82 | $853.1M | BRK.B, BRO, GL, AJG, PNC |
| Q1 2025 | 80 | $865.8M | BRO, BRK.B, GL, AJG, ABT |
| Q4 2024 | 83 | $873.6M | BRK.B, BRO, ABT, GL, ETN |
| Q3 2024 | 84 | $927.6M | BRK.B, BRO, PGR, CW, LDOS |
| Q2 2024 | 82 | $844.1M | LDOS, BRK.B, BRO, PGR, CW |
| Q1 2024 | 83 | $855.0M | BRK.B, LDOS, BRO, GL, CW |