TRB Advisors LP
Portfolio value QoQ: +59.6% 13F does not disclose cash
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 57.17% Est. buys $187,302,258 · sells $108,259,570
Median holding: 1.0 quarters Tracked Q1 2025–Q2 2026 · 31.6% still held
Performance vs S&P 500
Annualized: +10.5% · S&P 500: +28.7%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Sector breakdown
Full portfolio 6 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| VOO | $103,021,500 | 44.24% | 150,000 | ||||
| SMH | $65,589,000 | 28.17% | 100,000 | Up ×1 | |||
| KKR | $26,264,315 | 11.28% | 286,166 | $-206,040 | |||
| Unknown issuer (CUSIP: 84645Q103) | $17,137,258 | 7.36% | 100,300 | Up ×1 | |||
| TOGA | $17,099,500 | 7.34% | 550,000 | $3,489,500 | Up ×1 | ||
| AAPL | $3,761,680 | 1.62% | 13,000 | $-40,651,570 | Down ×1 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
1 position hidden — reported move looks larger than the position itself (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| VOO | March 31, 2026 | 325,000 | $203,817,250 | 19.2% |
| MSFT | June 30, 2026 | 125,000 | $46,271,250 | 40.8% |
| META | Sept. 30, 2025 | 40,000 | $29,523,600 | 1.0% |
| AMZN | Sept. 30, 2025 | 100,000 | $21,939,000 | 14.5% |
| QQQ | Dec. 31, 2025 | 30,000 | $18,011,100 | 21.2% |
| SPGI | March 31, 2026 | 30,000 | $15,677,700 | -8.1% |
| MCO | March 31, 2026 | 30,000 | $15,325,500 | 2.7% |
| V | June 30, 2026 | 50,000 | $15,112,000 | 7.8% |
| GOOGL | March 31, 2026 | 30,000 | $9,390,000 | 20.5% |
| MA | Dec. 31, 2025 | 10,000 | $5,688,100 | -1.1% |
| SPY | Sept. 30, 2025 | 10,000 | $5,272,900 | No longer tracked |
| CVNA | March 31, 2026 | 5,465 | $2,306,339 | -79.7% |
| CPNG | Dec. 31, 2025 | 57,866 | $1,863,285 | -39.8% |