TRB Advisors LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), TRB Advisors LP reported 11 stock positions worth $417.3 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 37.4% of the portfolio, followed by Microsoft (MSFT, 23.2%) and Apple (AAPL, 7.8%). Compared with Q1 2025, it opened 5 new positions, added to 4 and reduced 1. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +450%) and the biggest sale Apple (AAPL, shares −49%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001513300
- Portfolio Value
- $417.3M (Q2 2025)
- SEC Filing
- 0000950123-25-006753 ↗ filed Jul 30, 2025
Holdings Value
Holdings 11 stocks · $417.3M
| VOO Vanguard S&P 500 ETF | 37.44% | 275,000 | $156.2M | Add +450.0% |
| MSFT Microsoft Corp. | 23.25% | 195,000 | $97.0M | Add +14.7% |
| AAPL Apple Inc. | 7.77% | 158,000 | $32.4M | Reduce -49.0% |
| META Meta Platforms Inc. Class A | 7.08% | 40,000 | $29.5M | New |
| V Visa Inc. Class A | 6.81% | 80,000 | $28.4M | No change |
| KKR KKR & Co. Inc. | 5.90% | 185,000 | $24.6M | Add +23.3% |
| AMZN Amazon.com Inc. | 5.26% | 100,000 | $21.9M | New |
| TOGA Tremblant Global ETF filed as MANAGED PORTFOLIO SERIES | 2.70% | 325,000 | $11.3M | Add +30.0% |
| MA Mastercard Inc. Class A | 1.35% | 10,000 | $5.6M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.26% | 10,000 | $5.3M | New |
| MCO Moody's Corp. | 1.20% | 10,000 | $5.0M | New |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -49.0% | 7.77% | −24.87 |
Portfolio Buys Q1 2025 → Q2 2025
| VOO Vanguard S&P 500 ETF | Add +450.0% | 37.44% | +25.26 |
| META Meta Platforms Inc. Class A | New | 7.08% | +7.08 |
| AMZN Amazon.com Inc. | New | 5.26% | +5.26 |
| MA Mastercard Inc. Class A | New | 1.35% | +1.35 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 1.26% | +1.26 |
| MCO Moody's Corp. | New | 1.20% | +1.20 |
| TOGA Tremblant Global ETF | Add +30.0% | 2.70% | −0.74 |
| KKR KKR & Co. Inc. | Add +23.3% | 5.90% | −2.32 |
| MSFT Microsoft Corp. | Add +14.7% | 23.25% | −7.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 6 | $232.9M | VOO, SMH, KKR, SPACE EXPLORATION TECHN CORP, TOGA |
| Q1 2026 | 5 | $145.9M | MSFT, AAPL, KKR, V, TOGA |
| Q4 2025 | 11 | $427.0M | VOO, MSFT, AAPL, V, KKR |
| Q3 2025Amended | 11 | $496.3M | VOO, MSFT, AAPL, V, KKR |
| Q2 2025 | 11 | $417.3M | VOO, MSFT, AAPL, META, V |
| Q1 2025 | 6 | $211.0M | AAPL, MSFT, V, VOO, KKR |
| Q4 2024 | 8 | $600.9M | VOO, AAPL, MSFT, AMZN, V |
| Q3 2024 | 5 | $543.3M | VOO, MSFT, AAPL, V, KKR |
| Q2 2024 | 6 | $536.3M | VOO, QQQ, MSFT, AAPL, V |
| Q1 2024 | 10 | $462.9M | VOO, MSFT, AAPL, V, AMZN |