TRB Advisors LP

Q4 2025 13F-HR Holdings

Location
New York, NY
Holdings as of
12/31/2025
Date filed
2/9/2026
Form type
13F-HR
Num holdings
11
Total value ($000)
$426,959
Net value change ($000)
-69,367 (-14.0%)
New positions
3
Sold out positions
3
Turnover %
9.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/31/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
V 11,268 41.3%
SPGI 10,811 222.1%
MCO 10,561 221.6%
GOOGL 9,390 NEW
AAPL 2,637 6.8%
CVNA 2,306 NEW
CPNG 1,365 NEW
Top Reduces (Value $000, Stocks/ETFs)
VOO -87,064 -29.9%
QQQ -18,011 -100.0%
MA -5,688 -100.0%
MSFT -4,120 -6.6%
CPNG -1,863 -100.0%
TOGA -650 -3.7%
KKR -309 -1.3%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type