Belfer Management LLC

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
19
Quarter
2025 Q4
Top Holding
CPNG (21.5%)
Top 10 Concentration
82.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-19 of 19
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
CPNG
COUPANG INC
Consumer Cyclical 21.53% 25.10% #1
Prev: #1
8.6 -4,057 -7.2%
P
S
52,057 $1,228,029 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HG
HAMILTON INSURA...
Financial Services 10.93% 8.30% #2
Prev: #2
4.4 -1,741 -7.2%
P
S
22,347 $623,468 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GLD
SPDR GOLD TRUST...
ETF 7.80% 5.98% #3
Prev: #3
3.1 -88 -7.3%
P
S
1,123 $445,251 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MPLX
MPLX LP
Energy 7.34% 5.32% #4 2
Prev: #6
4.9 181 2.4%
P
S
7,849 $418,902 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WES
WESTERN MIDSTRE...
Energy 7.00% 5.39% #5
Prev: #5
4.8 233 2.4%
P
S
10,107 $399,200 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ET
ENERGY TRANSFER...
Energy 6.42% 5.17% #6 1
Prev: #7
4.6 511 2.4%
P
S
22,211 $366,259 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LMT
LOCKHEED MARTIN...
Industrials 6.35% 5.60% #7 3
Prev: #4
2.6 -59 -7.3%
P
S
749 $362,468 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DLTR
DOLLAR TREE STO...
Consumer Defensive 4.94% 3.24% #8 5
Prev: #13
2.0 -178 -7.2%
P
S
2,291 $281,766 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LH
LABCORP HOLDING...
Healthcare 4.93% 4.95% #9 1
Prev: #8
2.0 -122 -9.8%
P
S
1,121 $281,343 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOGL
ALPHABET INC-CL...
Communication Services 4.83% 3.21% #10 4
Prev: #14
2.0 -69 -7.3%
P
S
881 $275,720 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AVTR
AVANTOR INC
Healthcare 4.74% 4.41% #11 2
Prev: #9
1.9 -1,840 -7.2%
P
S
23,621 $270,695 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SHW
SHERWIN-WILLIAM...
Basic Materials 4.69% 4.28% #12 2
Prev: #10
1.9 -65 -7.3%
P
S
826 $267,708 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ULTA
ULTA BEAUTY INC...
Consumer Cyclical 4.26% 3.28% #13 1
Prev: #12
1.7 -32 -7.4%
P
S
401 $242,773 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ORI
OLD REPUBLIC IN...
Financial Services 4.23% 3.50% #14 3
Prev: #11
1.7 -653 -11.0%
P
S
5,289 $241,371 2009 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
META
META PLATFORMS ...
Communication Services 0.00% 3.07%
Sold All 😨
(Was: #15)
0.3 -301 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
Z
ZILLOW GROUP, I...
Communication Services 0.00% 2.98%
Sold All 😨
(Was: #16)
0.3 -2,786 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CRBG
COREBRIDGE FINA...
Financial Services 0.00% 2.94%
Sold All 😨
(Was: #17)
0.3 -6,616 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
HUM
HUMANA INC.
Healthcare 0.00% 2.80%
Sold All 😨
(Was: #18)
0.3 -776 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CLOV
CLOVER HEALTH I...
Healthcare 0.00% 0.46%
Sold All 😨
(Was: #19)
0.3 -10,787 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-19 of 19 holdings

Unlock Full Belfer Management LLC Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics