TRB Advisors LP

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 8, 2026), TRB Advisors LP reported 5 stock positions worth $145.9 million. Its top holding was Microsoft (MSFT) at 31.7% of the portfolio, followed by Apple (AAPL, 30.4%) and KKR (KKR, 18.1%). Compared with Q4 2025, it sold out of 6, added to 3 and reduced 1. The biggest buy was Apple (AAPL, shares +14%) and the biggest sale an exit from Vanguard S&P 500 ETF (VOO).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001513300
Portfolio Value
$145.9M (Q1 2026)
SEC Filing
0001193125-26-213194 ↗ filed May 8, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $462.9M Q1 2024 Q2 2024: $536.3M Q2 2024 Q3 2024: $543.3M Q3 2024 Q4 2024: $600.9M Q4 2024 Q1 2025: $211.0M Q1 2025 Q2 2025: $417.3M Q2 2025 Q3 2025: $496.3M Q3 2025 Q4 2025: $427.0M Q4 2025 Q1 2026: $145.9M $145.9M Q1 2026 Q2 2026: $232.9M Q2 2026

Holdings 5 stocks · $145.9M
MSFT Microsoft Corp. 31.72% 125,000 $46.3M Add +4.2%
AAPL Apple Inc. 30.45% 175,000 $44.4M Add +14.4%
KKR KKR & Co. Inc. 18.15% 286,166 $26.5M Add +53.7%
V Visa Inc. Class A 10.36% 50,000 $15.1M Reduce -54.5%
TOGA Tremblant Global ETF filed as MANAGED PORTFOLIO SERIES 9.33% 500,000 $13.6M No change

Portfolio Sells Q4 2025 → Q1 2026
VOO Vanguard S&P 500 ETF Sold out 0.00% −47.74
SPGI S&P Global Inc. Sold out 0.00% −3.67
MCO Moody's Corp. Sold out 0.00% −3.59
GOOGL Alphabet Inc. Class A Sold out 0.00% −2.20
CVNA Carvana Co. Sold out 0.00% −0.54
COUPANG INC Sold out 0.00% −0.32
V Visa Inc. Class A Reduce -54.5% 10.36% +1.32

Portfolio Buys Q4 2025 → Q1 2026
AAPL Apple Inc. Add +14.4% 30.45% +20.70
MSFT Microsoft Corp. Add +4.2% 31.72% +18.13
KKR KKR & Co. Inc. Add +53.7% 18.15% +12.59

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 6$232.9MVOO, SMH, KKR, SPACE EXPLORATION TECHN CORP, TOGA
Q1 2026 5$145.9MMSFT, AAPL, KKR, V, TOGA
Q4 2025 11$427.0MVOO, MSFT, AAPL, V, KKR
Q3 2025Amended 11$496.3MVOO, MSFT, AAPL, V, KKR
Q2 2025 11$417.3MVOO, MSFT, AAPL, META, V
Q1 2025 6$211.0MAAPL, MSFT, V, VOO, KKR
Q4 2024 8$600.9MVOO, AAPL, MSFT, AMZN, V
Q3 2024 5$543.3MVOO, MSFT, AAPL, V, KKR
Q2 2024 6$536.3MVOO, QQQ, MSFT, AAPL, V
Q1 2024 10$462.9MVOO, MSFT, AAPL, V, AMZN