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 A
BF.A
|
+$14.7M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.62M |
| 3 |
Albemarle
ALB
|
+$1.28M |
| 4 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$987K |
| 5 |
AVTA
Avantax, Inc. Common Stock
AVTA
|
+$869K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Brown-Forman Class B
BF.B
|
+$28.7M |
| 2 |
KKR & Co
KKR
|
+$1.32M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$1.16M |
| 4 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$1.08M |
| 5 |
EDGW
Edgewater Technology Inc
EDGW
|
+$510K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 42.44% |
| 2 | Consumer Staples | 29.61% |
| 3 | Technology | 9.68% |
| 4 | Healthcare | 5.4% |
| 5 | Financials | 4.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
State Street SPDR S&P 500 ETF Trust
SPY
$820B
| $190M | 40.33% |
784,600
+23,444
| +3% | +$5.62M |
2013 Q2
16 quarters
|
|
|
2
Brown-Forman Class A
BF.A
$13.1B
| $125M | 26.67% |
3,180,840
+367,292
| +13% | +$14.7M |
2013 Q2
16 quarters
|
|
|
ATVI
3
DELISTED
Activision Blizzard
ATVI
| $39.4M | 8.38% |
684,640
-21,071
| -3% | -$1.16M |
2015 Q4
6 quarters
|
|
4
Humana
HUM
$49.5B
| $24.1M | 5.12% |
100,050
| – | – |
2015 Q4
6 quarters
|
|
5
Greenlight Captial
GLRE
$475M
| $15.1M | 3.2% |
721,285
| – | – |
2016 Q1
5 quarters
|
|
6
Ellington Financial
EFC
$1.51B
| $14.4M | 3.06% |
887,707
| – | – |
2013 Q2
16 quarters
|
|
|
7
Brown-Forman Class B
BF.B
$12.7B
| $8.26M | 1.76% |
265,463
-914,671
| -78% | -$28.7M |
2013 Q2
16 quarters
|
|
8
Black Stone Minerals
BSM
$3.16B
| $8.21M | 1.75% |
521,080
| – | – |
2015 Q4
6 quarters
|
|
|
KMF
9
DELISTED
Kayne Anderson NextGen Energy & Infrastructure, Inc.
KMF
| $6.25M | 1.33% |
412,369
| – | – |
2015 Q3
7 quarters
|
|
10
ExxonMobil
XOM
$748B
| $4.33M | 0.92% |
53,684
-988
| -2% | -$80.8K |
2013 Q2
16 quarters
|
|
11
Coca-Cola
KO
$395B
| $3.65M | 0.78% |
81,396
-3,895
| -5% | -$172K |
2016 Q1
5 quarters
|
|
12
Gartner
IT
$13.8B
| $3.45M | 0.73% |
27,928
+2,138
| +8% | +$248K |
2015 Q4
6 quarters
|
|
|
13
Albemarle
ALB
$11.4B
| $1.72M | 0.37% |
16,318
+11,749
| +257% | +$1.28M |
2015 Q1
9 quarters
|
|
14
Berkshire Hathaway Class A
BRK.A
$1.16T
| $1.53M | 0.32% |
6
| – | – |
2013 Q2
16 quarters
|
|
15
Apple
AAPL
$5.02T
| $1.52M | 0.32% |
42,344
+1,304
| +3% | +$48.2K |
2014 Q2
12 quarters
|
|
16
PepsiCo
PEP
$181B
| $1.13M | 0.24% |
9,763
+243
| +3% | +$27.9K |
2013 Q2
16 quarters
|
|
17
UBS Group
UBS
$143B
| $1.06M | 0.23% |
62,426
+181
| +0.3% | +$2.94K |
2015 Q4
6 quarters
|
|
18
Enterprise Products Partners
EPD
$82.2B
| $1.02M | 0.22% |
37,800
| – | – |
2016 Q1
5 quarters
|
|
|
AVTA
19
DELISTED
Avantax, Inc. Common Stock
AVTA
| $931K | 0.2% |
+43,910
| New | +$869K |
2017 Q2
0 quarters
|
|
20
Boeing
BA
$132B
| $903K | 0.19% |
4,564
-775
| -15% | -$144K |
2016 Q2
4 quarters
|
|
|
ETP
21
DELISTED
Energy Transfer Partners, L.P.
ETP
| $902K | 0.19% |
+44,250
| New | +$987K |
2017 Q2
0 quarters
|
|
22
Procter & Gamble
PG
$367B
| $825K | 0.18% |
9,469
+5,245
| +124% | +$462K |
2016 Q1
5 quarters
|
|
23
AT&T
T
$139B
| $811K | 0.17% |
28,459
-6,185
| -18% | -$182K |
2016 Q2
4 quarters
|
|
24
Blackstone
BX
$93.4B
| $798K | 0.17% |
23,920
+1,389
| +6% | +$43.6K |
2014 Q3
11 quarters
|
|
25
iShares Core S&P Mid-Cap ETF
IJH
$123B
| $746K | 0.16% |
21,455
| – | – |
2014 Q3
11 quarters
|
|
Similar funds
BBR Partners's Q2 2017 Portfolio in Review
As of Q2 2017, BBR Partners held 78 positions worth $470M, up 1.8% from $462M the previous quarter. Its ten largest holdings account for 92% of the portfolio.
BBR Partners's Q2 2017 filing shows 7 new, 11 increased, 18 reduced and 11 closed positions. Its largest new stake was Energy Transfer Partners, L.P.: 44,250 shares worth $902K. The largest sale was Brown-Forman Class B, an estimated $28.7M.
By sector, the portfolio is most concentrated in Miscellaneous at 42% of assets, up from 41% a quarter earlier, followed by Consumer Staples and Technology.
- BBR Partners's largest Q2 2017 buy was Energy Transfer Partners, L.P.: 44,250 shares worth $902K.
- BBR Partners added most to Brown-Forman Class A in Q2 2017, an estimated $14.7M increase.
- BBR Partners's biggest Q2 2017 reduction was Brown-Forman Class B, cutting an estimated $28.7M.
- BBR Partners fully exited Energy Transfer Partners L.p. in Q2 2017, selling an estimated $1.08M.
- BBR Partners's ten largest holdings make up 92% of its $470M portfolio in Q2 2017.
- BBR Partners opened 7 new positions and closed 11 in Q2 2017.
- BBR Partners's portfolio value rose 1.8% quarter-over-quarter to $470M.
Based on BBR Partners's 13F filing for Q2 2017, filed 11 Aug 2017.