P/E Global LLC Portfolio holdings
P/E Global manages money for institutions and qualified individual investors, focusing on currency and global macro strategies. Its flagship FX Strategy concentrates on foreign exchange markets, and a global macro version adds global bonds, stocks and commodities; all of its strategies are model-driven and built on macroeconomic and financial factors. Formerly called Queensboro Advisors, the firm is co-owned by P/E Investments LLC, a group launched from a barn in 1995 by Warren Naphtal, Mary Stephens Naphtal and J. Richard Zecher. Its other co-owner is P/E Strategic, in which Warren and Mary Naphtal hold a controlling interest. Its clients include pension plans, charities, sovereign wealth funds and foundations.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$475M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$473M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI ACWI ETF
ACWI
|
+$49.9M |
| 2 |
Vanguard Total International Bond ETF
BNDX
|
+$15.3M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$10.6M |
Sector Composition
| Rank | Sector | Weight |
|---|
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Vanguard S&P 500 ETF
VOO
$1.04T
| $555M | 40.01% |
885,220
+761,654
| +616% | +$473M |
2024 Q4
4 quarters
|
|
|
2
iShares Core S&P 500 ETF
IVV
$883B
| $479M | 34.52% |
+699,413
| New | +$475M |
2025 Q4
0 quarters
|
|
|
3
iShares MSCI ACWI ETF
ACWI
$32.8B
| $250M | 18% |
1,765,619
-355,488
| -17% | -$49.9M |
2024 Q1
7 quarters
|
|
|
4
Vanguard Total International Bond ETF
BNDX
$84.1B
| $61.6M | 4.44% |
1,274,817
-309,577
| -20% | -$15.3M |
2024 Q1
7 quarters
|
|
|
5
iShares Core US Aggregate Bond ETF
AGG
$140B
| $42M | 3.03% |
420,497
-106,087
| -20% | -$10.6M |
2022 Q1
15 quarters
|
|
Similar funds
P/E Global LLC's Q4 2025 Portfolio in Review
As of Q4 2025, P/E Global LLC held 5 positions worth $1.39B, up 177% from $500M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
P/E Global LLC deployed $872M of net new capital in Q4 2025, opening 1 new position and adding to 1 existing holding. Its largest new stake was iShares Core S&P 500 ETF: 699,413 shares worth $479M.
On the sell side, the largest reduction was iShares MSCI ACWI ETF, an estimated $49.9M trimmed.
- P/E Global LLC's largest Q4 2025 buy was iShares Core S&P 500 ETF: 699,413 shares worth $479M.
- P/E Global LLC added most to Vanguard S&P 500 ETF in Q4 2025, an estimated $473M increase.
- P/E Global LLC's biggest Q4 2025 reduction was iShares MSCI ACWI ETF, cutting an estimated $49.9M.
- P/E Global LLC's ten largest holdings make up 100% of its $1.39B portfolio in Q4 2025.
- P/E Global LLC opened 1 new position and closed 0 in Q4 2025.
- P/E Global LLC's portfolio value rose 177% quarter-over-quarter to $1.39B.
Based on P/E Global LLC's 13F filing for Q4 2025, filed 22 Jan 2026.