PB INVESTMENT PARTNERS, L.P.

CIK

1910391

Location

BURLINGAME, CA

Portfolio Value

Small $127,060,071

Diversification

Diversified

Filing Date

Global Rank

#5,191 / 8,607 ▼ 305 · as of Mar 2026

Top Industry

Asset Management 30.9%

3Y Alpha vs SPY

-12.0%

Period ended 3 months ago

Filed May 8, 2026 · 2mo

18 quarters · since Dec 2021

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+26.3%

SPY

+75.9%

Annualised alpha

-12.6%

Max drawdown

−41.8%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

10 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

22.1%

−1.7 pts

Top 5

80.5%

−2.1 pts

Top 10

100.0%

0.0 pts

HHI

1,480

Diversified−113

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	62.8%	$79,742,727	5
Consumer Cyclical	26.2%	$33,239,929	2
Technology	11.1%	$14,077,415	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
APO	Apollo Global Management, Inc.	+25,365	189,091	$21,068,519
HGV	Hilton Grand Vacations Inc.	+16,069	716,901	$28,045,167
NICE	NICE Ltd.	+12,709	43,601	$4,807,446
BLK	BlackRock, Inc.	+4,661	18,882	$18,159,008
No positions match the current search.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
BAC	Bank Of America Corp /De/	−209,600	112,745	$5,496,318
OMF	OneMain Holdings, Inc.	−94,369	200,052	$10,700,781
COF	Capital One Financial Corp	−20,958	133,301	$24,318,101
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
NAVN	Navan, Inc.	388,764	$5,147,235
WLTH	Wealthfront Corp	445,701	$4,122,734
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
PGR	Progressive Corp/Oh/	6,778	$1,543,486
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

10 positions · $127,060,071 total · as of Mar 31, 2026

All sectors Consumer Cyclical Financial Services Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
HGV	Hilton Grand Vacations Inc. Consumer Cyclical	Added	716,901	+16,069	$28,045,167	−10.6%	22.07%
COF	Capital One Financial Corp Financial Services	Reduced	133,301	-20,958	$24,318,101	−35.0%	19.14%
APO	Apollo Global Management, Inc. Financial Services	Added	189,091	+25,365	$21,068,519	−11.1%	16.58%
BLK	BlackRock, Inc. Financial Services	Added	18,882	+4,661	$18,159,008	+19.3%	14.29%
OMF	OneMain Holdings, Inc. Financial Services	Reduced	200,052	-94,369	$10,700,781	−46.2%	8.42%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	112,745	-209,600	$5,496,318	−69.0%	4.33%
GBTG	Global Business Travel Group, Inc. Consumer Cyclical	Held	930,961	0	$5,194,762	−27.1%	4.09%
NAVN	Navan, Inc. Technology	NEW	388,764	NEW	$5,147,235	NEW	4.05%
NICE	NICE Ltd. Technology	Added	43,601	+12,709	$4,807,446	+37.7%	3.78%
WLTH	Wealthfront Corp Technology	NEW	445,701	NEW	$4,122,734	NEW	3.24%