BBR Partners Portfolio holdings
BBR Partners is a multi-family office that advises high net worth families and individuals, and it may spread their money across a range of outside investment managers and strategies. It was founded in 2000 by Brett Barth, Arthur Black and Evan Roth, all former Goldman Sachs executives; Roth had also run private accounts at Global Asset Management. Barth and Roth share the chief executive role and are the principal controllers of the firm's holding company. The firm does due diligence on the managers it hires, and it runs its own BBR Funds that pool client money in diversified portfolios of alternative and other investments.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pandora Media Inc
P
|
+$8.79M |
| 2 |
Greenlight Captial
GLRE
|
+$6.9M |
| 3 |
ExxonMobil
XOM
|
+$5M |
| 4 |
Coca-Cola
KO
|
+$4.49M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.93M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Brown-Forman Class A
BF.A
|
+$61.1M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$22.9M |
| 3 |
AVTA
Avantax, Inc. Common Stock
AVTA
|
+$1.91M |
| 4 |
JUNO
Juno Therapeutics, Inc.
JUNO
|
+$1.54M |
| 5 |
CIT
CIT Group Inc.
CIT
|
+$918K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 50.9% |
| 2 | Miscellaneous | 27.78% |
| 3 | Technology | 5.22% |
| 4 | Financials | 4.34% |
| 5 | Healthcare | 4.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Brown-Forman Class A
BF.A
$14.6B
| $284M | 48.57% |
6,662,328
-1,450,000
| -18% | -$61.1M |
2013 Q2
11 quarters
|
|
|
2
State Street SPDR S&P 500 ETF Trust
SPY
$796B
| $153M | 26.14% |
744,624
+20,130
| +3% | +$3.93M |
2013 Q2
11 quarters
|
|
3
Humana
HUM
$52.6B
| $24.5M | 4.18% |
133,838
+1,077
| +0.8% | +$187K |
2015 Q4
1 quarter
|
|
|
ATVI
4
DELISTED
Activision Blizzard
ATVI
| $24.3M | 4.16% |
719,187
+65,415
| +10% | +$2.15M |
2015 Q4
1 quarter
|
|
5
Ellington Financial
EFC
$1.47B
| $14.9M | 2.54% |
853,726
+128,175
| +18% | +$2.15M |
2013 Q2
11 quarters
|
|
|
6
DELISTED
Pandora Media Inc
P
| $8.02M | 1.37% |
+895,519
| New | +$8.79M |
2016 Q1
0 quarters
|
|
|
7
Greenlight Captial
GLRE
$528M
| $7.56M | 1.29% |
+346,793
| New | +$6.9M |
2016 Q1
0 quarters
|
|
8
Brown-Forman Class B
BF.B
$14.1B
| $7.46M | 1.27% |
236,822
| – | – |
2013 Q2
11 quarters
|
|
9
Black Stone Minerals
BSM
$2.91B
| $7.3M | 1.25% |
521,080
+212,022
| +69% | +$2.8M |
2015 Q4
1 quarter
|
|
10
Goldman Sachs
GS
$263B
| $5.87M | 1% |
37,416
| – | – |
2015 Q4
1 quarter
|
|
|
11
ExxonMobil
XOM
$671B
| $5.49M | 0.94% |
65,660
+62,400
| +1,914% | +$5M |
2013 Q2
11 quarters
|
|
|
12
Coca-Cola
KO
$417B
| $4.78M | 0.82% |
+103,100
| New | +$4.49M |
2016 Q1
0 quarters
|
|
|
KMF
13
DELISTED
Kayne Anderson NextGen Energy & Infrastructure, Inc.
KMF
| $4.36M | 0.75% |
412,369
| – | – |
2015 Q3
2 quarters
|
|
14
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $3.67M | 0.63% |
105,000
| – | – |
2013 Q4
9 quarters
|
|
15
Brookfield
BN
$94.6B
| $3.25M | 0.56% |
265,958
+399
| +0.2% | +$4.3K |
2014 Q3
6 quarters
|
|
16
Gartner
IT
$11.9B
| $2.03M | 0.35% |
22,697
+220
| +1% | +$18.6K |
2015 Q4
1 quarter
|
|
|
HAR
17
DELISTED
Harman International Industries
HAR
| $1.34M | 0.23% |
15,100
| – | – |
2013 Q2
11 quarters
|
|
18
Berkshire Hathaway Class A
BRK.A
$1.24T
| $1.07M | 0.18% |
5
| – | – |
2013 Q2
11 quarters
|
|
19
UBS Group
UBS
$149B
| $997K | 0.17% |
62,245
| – | – |
2015 Q4
1 quarter
|
|
20
PepsiCo
PEP
$196B
| $980K | 0.17% |
9,565
+45
| +0.5% | +$4.45K |
2013 Q2
11 quarters
|
|
21
Texas Roadhouse
TXRH
$12.3B
| $915K | 0.16% |
21,000
| – | – |
2013 Q2
11 quarters
|
|
22
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $856K | 0.15% |
29,670
-1,200
| -4% | -$32.1K |
2014 Q3
6 quarters
|
|
23
Enterprise Products Partners
EPD
$80.1B
| $847K | 0.14% |
+34,384
| New | +$801K |
2016 Q1
0 quarters
|
|
|
MMP
24
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $804K | 0.14% |
11,681
+3,517
| +43% | +$230K |
2015 Q4
1 quarter
|
|
25
Apple
AAPL
$5.06T
| $713K | 0.12% |
26,184
-204
| -0.8% | -$5.08K |
2014 Q2
7 quarters
|
|
Similar funds
BBR Partners's Q1 2016 Portfolio in Review
As of Q1 2016, BBR Partners held 88 positions worth $585M, down 9.9% from $650M the previous quarter. Its ten largest holdings account for 92% of the portfolio.
BBR Partners withdrew a net $51.1M in Q1 2016, closing 16 positions and reducing 8 holdings. Its most notable exit was Vanguard FTSE Emerging Markets ETF, an estimated $22.9M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 51% of assets, down from 56% a quarter earlier, followed by Miscellaneous and Technology.
Against the trend, BBR Partners opened a new position in Pandora Media Inc worth $8.02M.
- BBR Partners's largest Q1 2016 buy was Pandora Media Inc: 895,519 shares worth $8.02M.
- BBR Partners added most to ExxonMobil in Q1 2016, an estimated $5M increase.
- BBR Partners's biggest Q1 2016 reduction was Brown-Forman Class A, cutting an estimated $61.1M.
- BBR Partners fully exited Vanguard FTSE Emerging Markets ETF in Q1 2016, selling an estimated $22.9M.
- BBR Partners's ten largest holdings make up 92% of its $585M portfolio in Q1 2016.
- BBR Partners opened 16 new positions and closed 16 in Q1 2016.
- BBR Partners's portfolio value fell 9.9% quarter-over-quarter to $585M.
Based on BBR Partners's 13F filing for Q1 2016, filed 12 May 2016.