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 |
Brown-Forman Class B
BF.B
|
+$27.6M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.6M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$850K |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$566K |
| 5 |
iShares S&P 500 Value ETF
IVE
|
+$438K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Brown-Forman Class A
BF.A
|
+$26.9M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$2.41M |
| 3 |
Goldman Sachs
GS
|
+$2.28M |
| 4 |
Alibaba
BABA
|
+$2.15M |
| 5 |
Humana
HUM
|
+$1.29M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 43.38% |
| 2 | Miscellaneous | 32.41% |
| 3 | Technology | 6.25% |
| 4 | Financials | 5.39% |
| 5 | Healthcare | 4.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Brown-Forman Class A
BF.A
$14.5B
| $212M | 36.61% |
5,735,148
-702,180
| -11% | -$26.9M |
2013 Q2
14 quarters
|
|
|
2
State Street SPDR S&P 500 ETF Trust
SPY
$792B
| $176M | 30.31% |
785,992
+7,315
| +0.9% | +$1.6M |
2013 Q2
14 quarters
|
|
|
3
Brown-Forman Class B
BF.B
$14.2B
| $33.9M | 5.85% |
1,180,134
+943,312
| +398% | +$27.6M |
2013 Q2
14 quarters
|
|
|
4
Humana
HUM
$52.7B
| $25.9M | 4.47% |
127,050
-6,788
| -5% | -$1.29M |
2015 Q4
4 quarters
|
|
|
ATVI
5
DELISTED
Activision Blizzard
ATVI
| $25.8M | 4.45% |
713,971
| – | – |
2015 Q4
4 quarters
|
|
6
Greenlight Captial
GLRE
$528M
| $16.4M | 2.84% |
721,285
| – | – |
2016 Q1
3 quarters
|
|
7
Ellington Financial
EFC
$1.48B
| $13.7M | 2.36% |
879,968
+26,242
| +3% | +$419K |
2013 Q2
14 quarters
|
|
8
Black Stone Minerals
BSM
$2.91B
| $9.8M | 1.69% |
521,080
| – | – |
2015 Q4
4 quarters
|
|
9
ExxonMobil
XOM
$671B
| $6.89M | 1.19% |
76,290
-560
| -0.7% | -$48.9K |
2013 Q2
14 quarters
|
|
|
KMF
10
DELISTED
Kayne Anderson NextGen Energy & Infrastructure, Inc.
KMF
| $6.56M | 1.13% |
412,369
| – | – |
2015 Q3
5 quarters
|
|
|
11
Goldman Sachs
GS
$261B
| $6.27M | 1.08% |
26,191
-11,225
| -30% | -$2.28M |
2015 Q4
4 quarters
|
|
12
Coca-Cola
KO
$416B
| $4.15M | 0.72% |
100,000
-3,000
| -3% | -$125K |
2016 Q1
3 quarters
|
|
|
13
Alphabet (Google) Class C
GOOG
$3.49T
| $2.69M | 0.46% |
69,740
-61,840
| -47% | -$2.41M |
2016 Q3
1 quarter
|
|
14
Gartner
IT
$11.8B
| $2.59M | 0.45% |
25,596
+219
| +0.9% | +$21.2K |
2015 Q4
4 quarters
|
|
15
IBM
IBM
$230B
| $2.56M | 0.44% |
16,150
+198
| +1% | +$30.2K |
2013 Q2
14 quarters
|
|
16
Apple
AAPL
$5.06T
| $2.12M | 0.37% |
73,076
-15,240
| -17% | -$432K |
2014 Q2
10 quarters
|
|
17
Amazon
AMZN
$2.91T
| $2.08M | 0.36% |
55,400
-320
| -0.6% | -$12.5K |
2016 Q3
1 quarter
|
|
18
Alphabet (Google) Class A
GOOGL
$3.52T
| $1.87M | 0.32% |
47,280
-22,440
| -32% | -$897K |
2016 Q3
1 quarter
|
|
19
Berkshire Hathaway Class A
BRK.A
$1.24T
| $1.46M | 0.25% |
6
+1
| +20% | +$231K |
2013 Q2
14 quarters
|
|
20
KKR & Co
KKR
$90.5B
| $1.42M | 0.24% |
92,172
| – | – |
2015 Q3
5 quarters
|
|
21
Microsoft
MSFT
$3.95T
| $1.13M | 0.19% |
18,147
-10,314
| -36% | -$620K |
2015 Q4
4 quarters
|
|
22
UBS Group
UBS
$149B
| $1.08M | 0.19% |
68,800
+6,555
| +11% | +$98.7K |
2015 Q4
4 quarters
|
|
|
ETP
23
DELISTED
Energy Transfer Partners L.p.
ETP
| $1.06M | 0.18% |
29,500
-10,000
| -25% | -$357K |
2016 Q2
2 quarters
|
|
24
Enterprise Products Partners
EPD
$80.1B
| $1.02M | 0.18% |
37,800
-14,000
| -27% | -$365K |
2016 Q1
3 quarters
|
|
|
HAR
25
DELISTED
Harman International Industries
HAR
| $1.01M | 0.17% |
9,094
-6,006
| -40% | -$580K |
2013 Q2
14 quarters
|
|
Similar funds
BBR Partners's Q4 2016 Portfolio in Review
As of Q4 2016, BBR Partners held 90 positions worth $580M, down 3.4% from $600M the previous quarter. Its ten largest holdings account for 91% of the portfolio.
BBR Partners's Q4 2016 filing shows 13 new, 12 increased, 27 reduced and 14 closed positions. Its largest new stake was iShares S&P 500 Growth ETF: 28,152 shares worth $857K. The largest sale was Brown-Forman Class A, an estimated $26.9M.
By sector, the portfolio is most concentrated in Consumer Staples at 43% of assets, down from 45% a quarter earlier, followed by Miscellaneous and Technology.
- BBR Partners's largest Q4 2016 buy was iShares S&P 500 Growth ETF: 28,152 shares worth $857K.
- BBR Partners added most to Brown-Forman Class B in Q4 2016, an estimated $27.6M increase.
- BBR Partners's biggest Q4 2016 reduction was Brown-Forman Class A, cutting an estimated $26.9M.
- BBR Partners fully exited Alibaba in Q4 2016, selling an estimated $2.15M.
- BBR Partners's ten largest holdings make up 91% of its $580M portfolio in Q4 2016.
- BBR Partners opened 13 new positions and closed 14 in Q4 2016.
- BBR Partners's portfolio value fell 3.4% quarter-over-quarter to $580M.
Based on BBR Partners's 13F filing for Q4 2016, filed 10 Feb 2017.