# BBR PARTNERS, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1352467. Source: https://holderbook.com/funds/1352467-bbr-partners-llc/

- Reported value: $2.1B
- Positions: 250
- Weight of the ten largest: 70.0%
- Filed: 2026-08-11

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $801.7M | 1,073,616 | 37.6% | 31 |
| AB ACTIVE ETFS INC | [ILOW](https://holderbook.com/stocks/ILOW/) | $220.8M | 4,856,373 | 10.4% | 5 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $168.5M | 224,946 | 7.9% | 22 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $81.1M | 754,288 | 3.8% | 18 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $56.2M | 194,145 | 2.6% | 31 |
| EXCHANGE LISTED FDS TR | [LPRE](https://holderbook.com/stocks/LPRE/) | $38.6M | 1,281,464 | 1.8% | 5 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $38.1M | 55,497 | 1.8% | 31 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $30.6M | 255,848 | 1.4% | 28 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $30.0M | 83,888 | 1.4% | 31 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $26.4M | 124,287 | 1.2% | 19 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $25.8M | 69,840 | 1.2% | 27 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $23.1M | 127,519 | 1.1% | 24 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $21.6M | 57,884 | 1.0% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $19.6M | 55,418 | 0.9% | 31 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $19.4M | 210,845 | 0.9% | 18 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $19.0M | 115,418 | 0.9% | 3 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $17.6M | 112,271 | 0.8% | 7 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $16.9M | 45,943 | 0.8% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $16.2M | 103,368 | 0.8% | 5 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $13.5M | 53,615 | 0.6% | 31 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $13.3M | 154,463 | 0.6% | 12 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $12.9M | 154,608 | 0.6% | 7 |
| FRANKLIN TEMPLETON ETF TR | [FLIN](https://holderbook.com/stocks/FLIN/) | $12.6M | 354,265 | 0.6% | 2 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $12.1M | 16,782 | 0.6% | 11 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $10.9M | 43,189 | 0.5% | 7 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $10.6M | 85,231 | 0.5% | 28 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $10.5M | 43,990 | 0.5% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $10.1M | 73,529 | 0.5% | 31 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $9.7M | 135,752 | 0.5% | 18 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $9.2M | 18,436 | 0.4% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $9.0M | 27,621 | 0.4% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $8.9M | 8,809 | 0.4% | 31 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $7.3M | 90,510 | 0.3% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $7.1M | 62,948 | 0.3% | 12 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $7.1M | 27,913 | 0.3% | 31 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $7.0M | 97,812 | 0.3% | 28 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $6.9M | 67,926 | 0.3% | 1 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $5.9M | 59,553 | 0.3% | 19 |
| MATTHEWS INTL FDS | [INDE](https://holderbook.com/stocks/INDE/) | $5.5M | 184,461 | 0.3% | 2 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $5.3M | 35,412 | 0.2% | 3 |
| DIMENSIONAL ETF TRUST | [DFAT](https://holderbook.com/stocks/DFAT/) | $5.2M | 74,672 | 0.2% | 11 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $5.0M | 18,382 | 0.2% | 20 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $4.9M | 13,441 | 0.2% | 24 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $4.8M | 53,184 | 0.2% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $4.6M | 9,000 | 0.2% | 31 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $4.5M | 23,757 | 0.2% | 5 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $4.5M | 28,874 | 0.2% | 23 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $4.4M | 20,014 | 0.2% | 3 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $4.3M | 55,688 | 0.2% | 1 |
| ISHARES INC | [URTH](https://holderbook.com/stocks/URTH/) | $4.3M | 21,132 | 0.2% | 16 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $4.2M | 130,759 | 0.2% | 18 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $4.1M | 70,562 | 0.2% | 18 |
| ISHARES TR | [DSI](https://holderbook.com/stocks/DSI/) | $4.1M | 28,552 | 0.2% | 31 |
| FIRST TR EXCHANGE-TRADED FD | [QTEC](https://holderbook.com/stocks/QTEC/) | $4.0M | 11,888 | 0.2% | 7 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $4.0M | 10,057 | 0.2% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.9M | 5,291 | 0.2% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $3.9M | 3,652 | 0.2% | 10 |
| AIRBNB INC | [ABNB](https://holderbook.com/stocks/ABNB/) | $3.8M | 26,594 | 0.2% | 3 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $3.8M | 102,594 | 0.2% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $3.7M | 6,570 | 0.2% | 31 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $3.7M | 36,676 | 0.2% | 3 |
| DIGIMARC CORP NEW | [DMRC](https://holderbook.com/stocks/DMRC/) | $3.7M | 446,750 | 0.2% | 6 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.6M | 10,533 | 0.2% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $3.5M | 24,859 | 0.2% | 31 |
| ARES CAPITAL CORP | [ARCC](https://holderbook.com/stocks/ARCC/) | $3.3M | 178,163 | 0.2% | 31 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $3.1M | 14,000 | 0.1% | 18 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $3.1M | 19,765 | 0.1% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $3.0M | 17,835 | 0.1% | 30 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $3.0M | 88,683 | 0.1% | 7 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $2.9M | 2,969 | 0.1% | 25 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $2.9M | 34,780 | 0.1% | 5 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $2.8M | 23,437 | 0.1% | 18 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.7M | 2,839 | 0.1% | 14 |
| NU HLDGS LTD | [NU](https://holderbook.com/stocks/NU/) | $2.6M | 195,689 | 0.1% | 17 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $2.6M | 32,890 | 0.1% | 12 |
| AXIS CAP HLDGS LTD | [AXS](https://holderbook.com/stocks/AXS/) | $2.5M | 23,389 | 0.1% | 10 |
| MESA LABS INC | [MLAB](https://holderbook.com/stocks/MLAB/) | $2.5M | 25,195 | 0.1% | 6 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $2.5M | 30,400 | 0.1% | 31 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $2.5M | 10,159 | 0.1% | 27 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $2.4M | 6,391 | 0.1% | 18 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.3M | 6,500 | 0.1% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $2.2M | 3 | 0.1% | 31 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $2.2M | 23,229 | 0.1% | 1 |
| PRINCIPAL FINANCIAL GROUP IN | [PFG](https://holderbook.com/stocks/PFG/) | $2.1M | 19,297 | 0.1% | 10 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $2.0M | 5,580 | 0.1% | 12 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.9M | 16,591 | 0.1% | 8 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $1.9M | 14,102 | 0.1% | 13 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $1.9M | 2,683 | 0.1% | 10 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.9M | 6,852 | 0.1% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.8M | 1,523 | 0.1% | 24 |
| ISHARES INC | [EIS](https://holderbook.com/stocks/EIS/) | $1.8M | 14,992 | 0.1% | 1 |
| TPG INC | [TPG](https://holderbook.com/stocks/TPG/) | $1.8M | 44,221 | 0.1% | 2 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $1.8M | 8,177 | 0.1% | 4 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $1.7M | 15,802 | 0.1% | 1 |
| FLEXSHARES TR | [NFRA](https://holderbook.com/stocks/NFRA/) | $1.7M | 26,084 | 0.1% | 1 |
| FLEXSHARES TR | [GUNR](https://holderbook.com/stocks/GUNR/) | $1.6M | 32,718 | 0.1% | 1 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $1.6M | 1,346 | 0.1% | 9 |
| J P MORGAN EXCHANGE TRADED F | [JSCP](https://holderbook.com/stocks/JSCP/) | $1.6M | 32,962 | 0.1% | 3 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $1.5M | 15,605 | 0.1% | 5 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $1.5M | 5,926 | 0.1% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +12.6% | +14.8% | -2.2% | 100% |
| Q1 2026 | -3.9% | -4.6% | +0.7% | 100% |
| Q4 2025 | +2.7% | +2.4% | +0.4% | 99% |
| Q3 2025 | +6.2% | +7.8% | -1.6% | 100% |
| Q2 2025 | +8.3% | +10.5% | -2.1% | 100% |
| Q1 2025 | -4.5% | -4.6% | +0.0% | 100% |
| Q4 2024 | +1.2% | +2.1% | -1.0% | 100% |
| Q3 2024 | +5.6% | +5.4% | +0.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $2.1B | 250 |
| Q1 2026 | $1.8B | 253 |
| Q4 2025 | $1.9B | 267 |
| Q3 2025 | $1.7B | 270 |
| Q2 2025 | $1.6B | 236 |
| Q1 2025 | $1.4B | 245 |
| Q4 2024 | $1.4B | 250 |
| Q3 2024 | $1.3B | 242 |
| Q2 2024 | $1.2B | 220 |
| Q1 2024 | $1.2B | 257 |
| Q4 2023 | $978.3M | 193 |
| Q3 2023 | $889.0M | 195 |