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 |
Berkshire Hathaway Class B
BRK.B
|
+$424K |
| 2 |
CF Industries
CF
|
+$247K |
| 3 |
Diebold Nixdorf Incorporated
DBD
|
+$238K |
| 4 |
Kyntra Bio
KYNB
|
+$234K |
| 5 |
RTX Corp
RTX
|
+$206K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Greenlight Captial
GLRE
|
+$15.1M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$12.3M |
| 3 |
Humana
HUM
|
+$980K |
| 4 |
Ellington Financial
EFC
|
+$942K |
| 5 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$902K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 41.41% |
| 2 | Consumer Staples | 33.33% |
| 3 | Technology | 10.87% |
| 4 | Healthcare | 5.24% |
| 5 | Energy | 3.04% |
| 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
$796B
| $185M | 39.31% |
734,791
-49,809
| -6% | -$12.3M |
2013 Q2
17 quarters
|
|
2
Brown-Forman Class A
BF.A
$14.6B
| $142M | 30.17% |
3,179,715
-1,125
| -0% | -$47.5K |
2013 Q2
17 quarters
|
|
|
ATVI
3
DELISTED
Activision Blizzard
ATVI
| $44.2M | 9.4% |
684,640
| – | – |
2015 Q4
7 quarters
|
|
|
4
Humana
HUM
$52.6B
| $23.4M | 4.98% |
96,050
-4,000
| -4% | -$980K |
2015 Q4
7 quarters
|
|
|
5
Ellington Financial
EFC
$1.47B
| $13.1M | 2.79% |
828,757
-58,950
| -7% | -$942K |
2013 Q2
17 quarters
|
|
6
Brown-Forman Class B
BF.B
$14.1B
| $9.23M | 1.96% |
265,463
| – | – |
2013 Q2
17 quarters
|
|
7
Black Stone Minerals
BSM
$2.91B
| $9.04M | 1.92% |
521,080
| – | – |
2015 Q4
7 quarters
|
|
|
KMF
8
DELISTED
Kayne Anderson NextGen Energy & Infrastructure, Inc.
KMF
| $6.06M | 1.29% |
412,369
| – | – |
2015 Q3
8 quarters
|
|
9
ExxonMobil
XOM
$671B
| $4.43M | 0.94% |
54,020
+336
| +0.6% | +$26.7K |
2013 Q2
17 quarters
|
|
10
Coca-Cola
KO
$417B
| $3.68M | 0.78% |
81,846
+450
| +0.6% | +$20.5K |
2016 Q1
6 quarters
|
|
11
Gartner
IT
$11.9B
| $3.49M | 0.74% |
28,079
+151
| +0.5% | +$18.7K |
2015 Q4
7 quarters
|
|
12
Albemarle
ALB
$11.2B
| $2.22M | 0.47% |
16,318
| – | – |
2015 Q1
10 quarters
|
|
13
Berkshire Hathaway Class A
BRK.A
$1.24T
| $1.65M | 0.35% |
6
| – | – |
2013 Q2
17 quarters
|
|
14
Apple
AAPL
$5.06T
| $1.58M | 0.34% |
40,996
-1,348
| -3% | -$52.3K |
2014 Q2
13 quarters
|
|
15
Boeing
BA
$137B
| $1.18M | 0.25% |
4,663
+99
| +2% | +$23.1K |
2016 Q2
5 quarters
|
|
16
PepsiCo
PEP
$196B
| $1.11M | 0.24% |
9,931
+168
| +2% | +$19.4K |
2013 Q2
17 quarters
|
|
17
Procter & Gamble
PG
$391B
| $837K | 0.18% |
9,198
-271
| -3% | -$24.7K |
2016 Q1
6 quarters
|
|
18
SiriusPoint
SPNT
$3.15B
| $780K | 0.17% |
50,000
| – | – |
2015 Q1
10 quarters
|
|
19
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $768K | 0.16% |
21,455
| – | – |
2014 Q3
12 quarters
|
|
20
UBS Group
UBS
$149B
| $725K | 0.15% |
42,245
-20,181
| -32% | -$345K |
2015 Q4
7 quarters
|
|
|
21
CF Industries
CF
$17.9B
| $703K | 0.15% |
20,000
+8,000
| +67% | +$247K |
2016 Q3
4 quarters
|
|
|
AVTA
22
DELISTED
Avantax, Inc. Common Stock
AVTA
| $605K | 0.13% |
23,910
-20,000
| -46% | -$453K |
2017 Q2
1 quarter
|
|
23
Ares Capital
ARCC
$14B
| $592K | 0.13% |
36,103
| – | – |
2013 Q3
16 quarters
|
|
24
Avis
CAR
$4.38B
| $571K | 0.12% |
15,000
| – | – |
2013 Q2
17 quarters
|
|
25
Johnson & Johnson
JNJ
$676B
| $571K | 0.12% |
4,391
+339
| +8% | +$44.9K |
2013 Q2
17 quarters
|
|
Similar funds
BBR Partners's Q3 2017 Portfolio in Review
As of Q3 2017, BBR Partners held 77 positions worth $470M, down 0.18% from $470M the previous quarter. Its ten largest holdings account for 94% of the portfolio.
BBR Partners withdrew a net $32.5M in Q3 2017, closing 8 positions and reducing 13 holdings. Its most notable exit was Greenlight Captial, an estimated $15.1M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 41% of assets, down from 42% a quarter earlier, followed by Consumer Staples and Technology.
Against the trend, BBR Partners opened a new position in Berkshire Hathaway Class B worth $440K.
- BBR Partners's largest Q3 2017 buy was Berkshire Hathaway Class B: 2,400 shares worth $440K.
- BBR Partners added most to CF Industries in Q3 2017, an estimated $247K increase.
- BBR Partners's biggest Q3 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $12.3M.
- BBR Partners fully exited Greenlight Captial in Q3 2017, selling an estimated $15.1M.
- BBR Partners's ten largest holdings make up 94% of its $470M portfolio in Q3 2017.
- BBR Partners opened 10 new positions and closed 8 in Q3 2017.
- BBR Partners's portfolio value fell 0.18% quarter-over-quarter to $470M.
Based on BBR Partners's 13F filing for Q3 2017, filed 14 Nov 2017.