Institutional Manager · CIK 0001968437
Perbak Capital Partners LLP
London, X0 · File #028-23913
Latest AUM
$327.7M
Positions
219
Top-10 Concentration
80.2%
Filings
8
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | SELECT SECTOR SPDR TR | 81369Y704 | -207,930 | -$32.3M | +$398,048 |
| REDUCE | SELECT SECTOR SPDR TR | 81369Y308 | -333,902 | -$25.9M | -$373,653 |
| EXITED | SELECT SECTOR SPDR TR | 81369Y209 | -173,368 | -$24.1M | $0 |
| NEW | VANECK ETF TRUST | 92189H607 | +64,815 | +$18.5M | $0 |
| EXITED | ISHARES TR | 464287655 | -66,615 | -$16.1M | $0 |
| ADD | SPDR S&P 500 ETF TR | SPY | +15,735 | +$10.7M | +$818,811 |
| EXITED | SELECT SECTOR SPDR TR | 81369Y803 | -35,808 | -$10.1M | $0 |
| EXITED | ELANCO ANIMAL HEALTH INC | 28414H103 | -494,432 | -$10.0M | $0 |
| EXITED | SELECT SECTOR SPDR TR | 81369Y605 | -174,435 | -$9.4M | $0 |
| ADD | INVESCO EXCHANGE TRADED FD T | IVZ | +34,761 | +$6.7M | +$538,623 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025219 pos · $327.7M
- 13F HOLDINGS REPORTQ/E Sep 2025288 pos · $568.0M
- 13F HOLDINGS REPORTQ/E Jun 2025275 pos · $442.3M
- 13F HOLDINGS REPORTQ/E Mar 2025194 pos · $134.9M
- 13F HOLDINGS REPORTQ/E Dec 202465 pos · $187.2M
- 13F HOLDINGS REPORTQ/E Sep 202431 pos · $142.5M
- 13F HOLDINGS REPORTQ/E Jun 202455 pos · $338.2M
- 13F HOLDINGS REPORTQ/E Mar 202411 pos · $79.6M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | INVESCO EXCHANGE TRADED FD T | IVZ | 324,343 | $62.1M | 22.72% |
| 2 | SPDR S&P 500 ETF TR | SPY | 67,756 | $46.2M | 16.90% |
| 3 | SELECT SECTOR SPDR TR | 81369Y704 | 239,314 | $37.1M | 13.58% |
| 4 | VANECK ETF TRUST | 92189H607 | 64,815 | $18.5M | 6.75% |
| 5 | SPDR SERIES TRUST | 78464A789 | 292,505 | $17.6M | 6.43% |
| 6 | SELECT SECTOR SPDR TR | 81369Y308 | 207,626 | $16.1M | 5.90% |
| 7 | ISHARES TR | 464287523 | 27,706 | $8.3M | 3.05% |
| 8 | SPDR SERIES TRUST | 78464A714 | 52,663 | $4.5M | 1.64% |
| 9 | WATERS CORP | 941848103 | 11,754 | $4.5M | 1.63% |
| 10 | RBC BEARINGS INC | RBC | 9,657 | $4.3M | 1.58% |
| 11 | QIAGEN NV | QGEN | 96,094 | $4.3M | 1.58% |
| 12 | ILLUMINA INC | ILMN | 31,527 | $4.1M | 1.51% |
| 13 | SPDR SERIES TRUST | 78464A888 | 39,432 | $4.1M | 1.48% |
| 14 | DANAHER CORPORATION | 235851102 | 16,736 | $3.8M | 1.40% |
| 15 | METTLER TOLEDO INTERNATIONAL | MTD | 2,593 | $3.6M | 1.32% |
| 16 | LIVE NATION ENTERTAINMENT IN | LYV | 25,014 | $3.6M | 1.30% |
| 17 | BIO RAD LABS INC | 090572207 | 11,121 | $3.4M | 1.23% |
| 18 | DRAFTKINGS INC NEW | DKNG | 87,212 | $3.0M | 1.10% |
| 19 | MASTEC INC | MTZ | 7,395 | $1.6M | 0.59% |
| 20 | QUANTA SVCS INC | 74762E102 | 3,274 | $1.4M | 0.51% |