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PB INVESTMENT PARTNERS, L.P.

1350 BAYSHORE HIGHWAY SUITE 700, BURLINGAME, CA 94010 • 650-804-2492

Q2 2025 · Filed 2025-07-28
Market Value
$147M
+16.5%
Holdings
9
+1
New Purchases
1
Added To
3
Closed
1
Reduced
4
Top 10 Concentration
100.0%
Turnover
22.2%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BLK 7.39% 0.00% +7.39% $11M
COF 22.32% 21.41% +0.91% $33M
HGV 17.23% 16.94% +0.30% $25M
GBTG 3.58% 3.53% +0.05% $5M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PGR 10.54% 14.57% -4.03% $16M
APO 15.80% 18.21% -2.41% $23M
BAC 10.86% 12.48% -1.61% $16M
OMF 12.28% 12.67% -0.39% $18M
CDLX 0.00% 0.20% -0.20% $0

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 62.8%
Consumer Cyclical 22.1%
Technology 15.2%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 1 $16M 10.9%
Large Cap 4 $82M 56.0%
Mid Cap 3 $49M 33.1%
Micro Cap 1 $0 0.0%

Portfolio Analytics

Avg Market Cap
$95.2B
Median Market Cap
$74.1B
Avg P/E
25.5
Median P/E
23.2
Avg Dividend Yield
0.02%
Avg Beta
1.08
# Stocks
9
# ETFs / Funds
0

Top Holdings (9 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 COF 22.32% 154,259 $33M $212.76 $6M +3,500 +2.3%
2 HGV 17.23% 610,098 $25M $41.53 $4M +38,540 +6.7%
3 APO 15.80% 163,726 $23M $141.87 $235K -4,179 -2.5%
4 OMF 12.28% 316,721 $18M $57.00 $2M -10,454 -3.2%
5 BAC 10.86% 337,613 $16M $47.32 $222K -39,902 -10.6%
6 PGR 10.54% 58,086 $16M $266.86 -$3M -6,936 -10.7%
7 BLK 7.39% 10,359 $11M $1,049.25 +10,359 NEW
8 GBTG 3.58% 835,496 $5M $6.30 $811K +222,232 +36.2%
9 CDLX —% -$253K -138,740 -100.0% SOLD

New Positions

SymbolValue% Port
BLK $11M 7.39%

Sold Out Positions

SymbolValue% Port
CDLX —%
View SEC EDGAR Filings for PB INVESTMENT PARTNERS, L.P. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms