Q2 2026 13F · SEC CIK 1513300
TRB Advisors LP
Hedge fundFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $232.9M
- Reported positions
- 6
- Top holdings a year, 3 yrs
- +16.8%
- Average holding period
- 3 qtrs
TRB Advisors LP is a hedge fund that reported 6 positions worth $232.9M in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Vanguard Index Fds (VOO, 44.2%), Vaneck ETF Trust (SMH, 28.2%), Kkr & Co Inc (KKR, 11.3%). A portfolio copying its top holdings returned 16.8% a year over the last 3 years, against 20.1% for the S&P 500.
TRB Advisors LP holdings all 6 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| VOOVanguard Index Fds | 44.2% | — | $103.0M |
| SMHVaneck ETF Trust | 28.2% | — | $65.6M |
| KKRKkr & Co Inc | 11.3% | +0.0% | $26.3M |
| 84645Q103Space Exploration Techn Corp | 7.4% | — | $17.1M |
| TOGATremblant Global ETF | 7.3% | +10.0% | $17.1M |
| AAPLApple Inc | 1.6% | -92.6% | $3.8M |
What TRB Advisors LP bought and sold in Q2 2026, against Q1 2026.
New positions
- VOO Vanguard Index Fds44.2% of 13F
- SMH Vaneck ETF Trust28.2% of 13F
- Space Exploration Techn Corp7.4% of 13F
Added to
- TOGA Tremblant Global ETF+10.0% shares
Reduced
- AAPL Apple Inc-92.6% shares
Sold out
- MSFT Microsoft Corpwas 31.7%
- V Visa Incwas 10.4%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +11.6% /yr
- S&P 500 +20.1%
- 3 years
- +16.8% /yr
- S&P 500 +20.1%
- 5 years
- +9.1% /yr
- S&P 500 +11.9%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $232.9M | 6 |
| Q1 2026 | $145.9M | 5 |
| Q4 2025 | $427.0M | 11 |
| Q3 2025 | $496.3M | 11 |
| Q2 2025 | $417.3M | 11 |
| Q1 2025 | $211.0M | 6 |
| Q4 2024 | $600.9M | 8 |
| Q3 2024 | $543.3M | 5 |
| Q2 2024 | $536.3M | 6 |
| Q1 2024 | $462.9M | 10 |
| Q4 2023 | $378.4M | 6 |
| Q2 2023 | $440.5M | 5 |
Questions about TRB Advisors LP's portfolio
What stocks does TRB Advisors LP own?
TRB Advisors LP's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 6 positions worth $232.9M. The largest are Vanguard Index Fds (VOO) at 44.2%, Vaneck ETF Trust (SMH) at 28.2%, Kkr & Co Inc (KKR) at 11.3%, Space Exploration Techn Corp at 7.4% and Tremblant Global ETF (TOGA) at 7.3%.
What did TRB Advisors LP buy last quarter?
In Q2 2026, TRB Advisors LP added a new position in Vanguard Index Fds (VOO), a new position in Vaneck ETF Trust (SMH), a new position in Space Exploration Techn Corp and Tremblant Global ETF (TOGA) (+10.0% shares), compared with its Q1 2026 filing.
What did TRB Advisors LP sell last quarter?
In Q2 2026, TRB Advisors LP sold all of Microsoft Corp (MSFT), sold all of Visa Inc (V) and Apple Inc (AAPL) (-92.6% shares), compared with its Q1 2026 filing.
How has TRB Advisors LP's portfolio performed?
A portfolio copying TRB Advisors LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.8% a year over the last 3 years, against +20.1% for the S&P 500. Over 1 year: +11.6% against +20.1%. Over 5 years: +9.1% a year against +11.9%.
When is TRB Advisors LP's next 13F filing due?
13F filings are due 45 days after each quarter ends. TRB Advisors LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.