Berkshire Partners LLC
Long book
$5.5M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
-5.9%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsBerkshire Partners LLC is a diversified fundamental manager, specialised in consumer_discretionary (100% of the long book), running a $5.5M US long book across 1 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: PORTILLO'S INC-CL A.
Over the last 9 quarters its long book ran on average 11.4pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-31.5%
Q2 2024
+38.6%
Q3 2024
-30.2%
Q4 2024
+26.5%
Q1 2025
-1.9%
Q2 2025
-44.7%
Q3 2025
-29.6%
Q4 2025
+16.5%
Q1 2026
-5.9%
Sector allocation
Consumer discretionary 100%
Long book by quarter
What does Berkshire Partners own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| PTLO PORTILLO'S INC-CL A | Consumer discretionary | 1.0M | $5.5M | 100.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 1 | $5.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 1 | $4.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 1 | $6.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 1 | $12.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 1 | $44.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 1 | $35.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 1 | $50.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 1 | $57.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 1 | $84.0M | canonical | SEC ↗ |