Briar Hall Management LLC
Long book
$6.72B
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+5.4%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsBriar Hall Management LLC is a diversified fundamental manager, specialised in industrials (100% of the long book), running a $6.72B 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: ILLINOIS TOOL WORKS.
Over the last 9 quarters its long book ran on average 3.5pp 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
-11.2%
Q2 2024
+11.2%
Q3 2024
-2.7%
Q4 2024
-1.6%
Q1 2025
+0.3%
Q2 2025
+6.1%
Q3 2025
-4.9%
Q4 2025
+6.3%
Q1 2026
+5.4%
Sector allocation
Industrials 100%
Long book by quarter
What does Briar Hall own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ITW ILLINOIS TOOL WORKS | Industrials | 25.8M | $6.72B | 100.0% | -0.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 2 | $6.72B | confidential canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 2 | $6.37B | confidential canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 2 | $6.74B | confidential canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 2 | $6.39B | confidential canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 2 | $6.41B | confidential canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 2 | $6.56B | confidential canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 2 | $6.78B | confidential canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 9, 2024 | 2 | $6.20B | confidential canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 2 | $7.02B | confidential canonical | SEC ↗ |