Belfer Management LLC

All Holdings — 2026 Q1

AI Portfolio Summary
In 2026 Q1, Belfer Management LLC maintained a portfolio of 15 distinct positions. The most significant new addition to the portfolio was AIR PRODUCTS & CHEMI, which now represents 4.02% of the total fund value. They heavily accumulated shares in COUPANG INC, increasing their position by 3.6%. The fund also reduced its exposure to HAMILTON INSURANCE G by 16.5%.
PCA Score Concentration Risk
Risk ENB
Total Positions
15
Quarter
2026 Q1
Top Holding
CPNG (17.0%)
Top 10 Concentration
81.4%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-15 of 15
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 17.03% 21.53% #1
Prev: #1
6.5 1,886 3.6%
P
S
53,943 $1,018,449 2009 Q4 13F Filing 2026-03-31 2026-05-08
HG
HAMILTON INSURA...
Financial Services 9.31% 10.93% #2
Prev: #2
5.7 -3,692 -16.5%
P
S
18,655 $556,487 2009 Q4 13F Filing 2026-03-31 2026-05-08
ET
ENERGY TRANSFER...
Energy 8.87% 6.42% #3 3
Prev: #6
7.0 5,271 23.7%
P
S
27,482 $530,396 2009 Q4 13F Filing 2026-03-31 2026-05-08
GLD
SPDR GOLD TRUST...
ETF 8.38% 7.80% #4 1
Prev: #3
4.4 41 3.7%
P
S
1,164 $500,942 2009 Q4 13F Filing 2026-03-31 2026-05-08
WES
WESTERN MIDSTRE...
Energy 8.33% 7.00% #5
Prev: #5
5.8 1,991 19.7%
P
S
12,098 $498,056 2009 Q4 13F Filing 2026-03-31 2026-05-08
LMT
LOCKHEED MARTIN...
Industrials 7.85% 6.35% #6 1
Prev: #7
3.6 28 3.7%
P
S
777 $469,347 2009 Q4 13F Filing 2026-03-31 2026-05-08
MPLX
MPLX LP
Energy 7.47% 7.34% #7 3
Prev: #4
3.5 -20 -0.3%
P
S
7,829 $446,816 2009 Q4 13F Filing 2026-03-31 2026-05-08
LH
LABCORP HOLDING...
Healthcare 5.19% 4.93% #8 1
Prev: #9
2.6 41 3.7%
P
S
1,162 $310,047 2009 Q4 13F Filing 2026-03-31 2026-05-08
SHW
SHERWIN-WILLIAM...
Basic Materials 4.59% 4.69% #9 3
Prev: #12
2.3 30 3.6%
P
S
856 $274,428 2009 Q4 13F Filing 2026-03-31 2026-05-08
GOOGL
ALPHABET INC-CL...
Communication Services 4.39% 4.83% #10
Prev: #10
2.3 32 3.6%
P
S
913 $262,488 2009 Q4 13F Filing 2026-03-31 2026-05-08
DLTR
DOLLAR TREE STO...
Consumer Defensive 4.35% 4.94% #11 3
Prev: #8
2.2 83 3.6%
P
S
2,374 $259,931 2009 Q4 13F Filing 2026-03-31 2026-05-08
APD
AIR PRODUCTS & ...
Basic Materials 4.02% #12
Prev: #—
5.1 828 no change
NEW
828 $240,462 2026 Q1 13F Filing 2026-03-31 2026-05-08
ORI
OLD REPUBLIC IN...
Financial Services 3.66% 4.23% #13 1
Prev: #14
2.0 191 3.6%
P
S
5,480 $218,660 2009 Q4 13F Filing 2026-03-31 2026-05-08
ULTA
ULTA BEAUTY INC...
Consumer Cyclical 3.64% 4.26% #14 1
Prev: #13
2.0 15 3.7%
P
S
416 $217,347 2009 Q4 13F Filing 2026-03-31 2026-05-08
AVTR
AVANTOR INC
Healthcare 2.93% 4.74% #15 4
Prev: #11
1.7 -1,304 -5.5%
P
S
22,317 $174,965 2009 Q4 13F Filing 2026-03-31 2026-05-08
Showing 1-15 of 15 holdings

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