DOSSIER · 13F-HR · Q2 2026

PB INVESTMENT PARTNERS, L.P.

$150M in tracked AUM across 9 positions as of Q2 2026.

PI
CIK 0001910391 · last filed Jun 30, 2026
Total AUM
$150M
as of Q2 2026
Holdings
9
—
positions
Whale Score
69
69
tracked
Activity
—
no data
changes this Q
AI Analysis · Q2 2026

Based on the SEC 13F filing for PB INVESTMENT PARTNERS, L.P. for the period ending September 30, 2025, here is a comprehensive analysis of the portfolio's composition, activity, and strategic orientation.

1. Portfolio Overview

PB INVESTMENT PARTNERS, L.P. manages a highly concentrated portfolio valued at approximately $124.68 million, spread across just six holdings. This indicates a "high conviction" investment strategy, where capital is allocated to a select few ideas rather than diversif...

2. Key Holdings

The portfolio is dominated by three core positions, which together constitute roughly 67% of the total assets.

  • Capital One Financial (COF): This is the largest holding, comprising 26.30% of the portfolio ($32.79M). A 154K-share position suggests a strong bullish outlook on the consumer credit and banking sector, likely anticipating benefits from interest rate environments or operational synergies (such as the proposed Discover acquisition, though context-specific).
  • Hilton Grand Vacations (HGV): Representing 23.18% ($28.90M), this is the second-largest position. The firm increased its stake here by 13.3% during the quarter, signaling confidence in the consumer discretionary and travel/luxury timeshare sectors.
  • Apollo Global Management (APO): Accounting for 17.50% ($21.82M), this position reinforces the fund's heavy tilt toward financial services, specifically alternative asset management, which often performs well in volatile or high-rate environments.
Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
HGV
HILTON GRAND VACATIONS INC
$38M717K25.0%
02
COF
CAPITAL ONE FINL CORP
$27M135K18.0%
03
APO
APOLLO GLOBAL MGMT INC
$22M189K14.9%
04
BLK
BLACKROCK INC
$18M19K12.1%
05
OMF
ONEMAIN HLDGS INC
$12M200K8.1%
06
NICE
NICE LTD
$11M124K7.5%
07
NAVN
NAVAN INC
$9M377K5.7%
08
WLTH
WEALTHFRONT CORP
$7M729K4.3%
09
BAC
BANK OF AMER CORP
$6M113K4.3%

Filing history

2026Q2Jun 30
$150M▲ 18.2%
9 positionsView →
2026Q1Mar 31
$127M▼ 19.3%
10 positionsView →
2025Q4Dec 31
$157M▲ 26.3%
9 positionsView →
2025Q3Sep 30
$125M▼ 15.2%
6 positionsLocked
2025Q2Jun 30
$147M▲ 59.7%
8 positionsLocked
2025Q1Mar 31
$92M▼ 31.0%
6 positionsLocked
2024Q4Dec 31
$133M▲ 13.4%
8 positionsLocked
2024Q3Sep 30
$118M▼ 4.4%
8 positionsLocked
2024Q2Jun 30
$123M▼ 7.1%
9 positionsLocked
2024Q1Mar 31
$133M▲ 3.6%
8 positionsLocked
2023Q4Dec 31
$128M▲ 9.3%
8 positionsLocked
2023Q3Sep 30
$117M▲ 0.2%
9 positionsLocked
Showing 12 of 19