BROOKTREE CAPITAL MANAGEMENT Long-Term Concentrated

Location: Grand Rapids, MI

CIK: 0001021296 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 2, 2026

Total Value: $150M (100.0% shares, 0.0% debt)

Holdings (41)

IBKR INTERACTIVE BROKERS GROUP IN 17.1%

Value $25.77M Shares 400,728 Est. Cost $38.57 Unrealized +73.4%

RMNI RIMINI STR INC DEL 9.9%

Value $14.89M Shares 3,836,703 Est. Cost $4.15 Unrealized -0.1%

PAR PAR TECHNOLOGY CORP 9.4%

Value $14.13M Shares 389,408 Est. Cost $29.87 Unrealized +20.8%

IAC IAC INC 8.3%

Value $12.55M Shares 320,899 Est. Cost $36.21 Unrealized -3.3%

BFH BREAD FINANCIAL HOLDINGS INC 8.0%

Value $12M Shares 162,064 Est. Cost $52.06 Unrealized +26.1%

BRK/B BERKSHIRE HATHAWAY INC DEL 7.3%

Value $11.02M Shares 21,916 Est. Cost $261.39 Unrealized +90.3%

QCOM QUALCOMM INC 5.9%

Value $8.916M Shares 52,124 Est. Cost $131.69 Unrealized +29.7%

THRY THRYV HLDGS INC 5.5%

Value $8.222M Shares 1,358,938 Est. Cost $14.84 Unrealized -46.6%

JNJ JOHNSON & JOHNSON 4.1%

Value $6.183M Shares 29,879 Est. Cost $124.79 Unrealized +57.9%

EXTR EXTREME NETWORKS 2.5%

Value $3.698M Shares 222,085 Est. Cost $17.05 Unrealized +7.7%

PFE PFIZER INC 2.0%

Value $3.001M Shares 120,510 Est. Cost $28.44 Unrealized -12.0%

DXCM DEXCOM INC 2.0%

Value $2.964M Shares 44,657 Est. Cost $78.39 Unrealized -17.5%

RKT ROCKET COS INC 1.9%

Value $2.82M Shares 145,644 Est. Cost $13.20 Unrealized +35.5%

FISV FISERV INC 1.8%

Value $2.691M Shares 40,069 Est. Cost $110.61 Unrealized -24.2%

GD GENERAL DYNAMICS CORP 1.5%

Value $2.309M Shares 6,859 Est. Cost $176.38 Unrealized +93.2%

MSFT MICROSOFT CORP 1.5%

Value $2.217M Shares 4,584 Est. Cost $141.64 Unrealized +253.4%

LLY ELI LILLY & CO 1.5%

Value $2.212M Shares 2,058 Est. Cost $107.55 Unrealized +788.5%

DXC DXC TECHNOLOGY CO 1.0%

Value $1.513M Shares 103,308 Est. Cost $24.06 Unrealized -42.8%

WST WEST PHARMACEUTICAL SVSC INC 0.9%

Value $1.419M Shares 5,159 Est. Cost $340.06 Unrealized -19.6%

IYW ISHARES TR 0.9%

Value $1.293M Shares 6,476 Est. Cost $173.27 Unrealized —

XOM EXXON MOBIL CORP 0.8%

Value $1.213M Shares 10,076 Est. Cost $104.51 Unrealized +10.5%

ABBV ABBVIE INC 0.8%

Value $1.133M Shares 4,958 Est. Cost $184.10 Unrealized +23.6%

SYK STRYKER CORPORATION 0.6%

Value $947K Shares 2,693 Est. Cost $371.54 Unrealized -2.2%

MCD MCDONALDS CORP 0.5%

Value $702K Shares 2,296 Est. Cost $303.54 Unrealized +0.5%

JPM JPMORGAN CHASE & CO. 0.4%

Value $644K Shares 2,000 Est. Cost $252.67 Unrealized +22.5%

ABT ABBOTT LABS 0.4%

Value $639K Shares 5,100 Est. Cost $130.60 Unrealized -2.5%

GOOG ALPHABET INC 0.4%

Value $628K Shares 2,000 Est. Cost $164.85 Unrealized +73.7%

GOOGL ALPHABET INC 0.4%

Value $626K Shares 2,000 Est. Cost $163.29 Unrealized +74.9%

AAPL APPLE INC 0.4%

Value $591K Shares 2,175 Est. Cost $94.32 Unrealized +184.5%

PEP PEPSICO INC 0.3%

Value $423K Shares 2,950 Est. Cost $131.03 Unrealized +11.3%

HD HOME DEPOT INC 0.2%

Value $349K Shares 1,015 Est. Cost $355.91 Unrealized +2.4%

BK BANK NEW YORK MELLON CORP 0.2%

Value $332K Shares 2,860 Est. Cost $83.95 Unrealized +31.6%

AMGN AMGEN INC 0.2%

Value $327K Shares 1,000 Est. Cost $277.77 Unrealized +13.7%

NET CLOUDFLARE INC 0.2%

Value $285K Shares 1,445 Est. Cost $204.15 Unrealized +3.6%

KO COCA COLA CO 0.2%

Value $280K Shares 4,000 Est. Cost $69.79 Unrealized -0.6%

AMZN AMAZON COM INC 0.2%

Value $272K Shares 1,177 Est. Cost $123.21 Unrealized +85.7%

EMR EMERSON ELEC CO 0.2%

Value $265K Shares 2,000 Est. Cost $113.54 Unrealized +16.6%

PG PROCTER AND GAMBLE CO 0.2%

Value $229K Shares 1,600 Est. Cost $160.77 Unrealized -8.5%

CL COLGATE PALMOLIVE CO 0.1%

Value $225K Shares 2,850 Est. Cost $90.04 Unrealized -13.0%

WIX WIX COM LTD 0.1%

Value $211K Shares 2,031 Est. Cost $143.52 Unrealized -15.7%

KMB KIMBERLY-CLARK CORP 0.1%

Value $202K Shares 2,000 Est. Cost $131.73 Unrealized -17.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IBKR	INTERACTIVE BROKERS GROUP IN	400,728	$25.77M	17.1%	$38.57	+73.4%	COM CL A	45841N107
RMNI	RIMINI STR INC DEL	3,836,703	$14.89M	9.9%	$4.15	-0.1%	COM	76674Q107
PAR	PAR TECHNOLOGY CORP	389,408	$14.13M	9.4%	$29.87	+20.8%	COM	698884103
IAC	IAC INC	320,899	$12.55M	8.3%	$36.21	-3.3%	COM NEW	44891N208
BFH	BREAD FINANCIAL HOLDINGS INC	162,064	$12M	8.0%	$52.06	+26.1%	COM	018581108
BRK/B	BERKSHIRE HATHAWAY INC DEL	21,916	$11.02M	7.3%	$261.39	+90.3%	CL B NEW	084670702
QCOM	QUALCOMM INC	52,124	$8.916M	5.9%	$131.69	+29.7%	COM	747525103
THRY	THRYV HLDGS INC	1,358,938	$8.222M	5.5%	$14.84	-46.6%	COM NEW	886029206
JNJ	JOHNSON & JOHNSON	29,879	$6.183M	4.1%	$124.79	+57.9%	COM	478160104
EXTR	EXTREME NETWORKS	222,085	$3.698M	2.5%	$17.05	+7.7%	COM	30226D106
PFE	PFIZER INC	120,510	$3.001M	2.0%	$28.44	-12.0%	COM	717081103
DXCM	DEXCOM INC	44,657	$2.964M	2.0%	$78.39	-17.5%	COM	252131107
RKT	ROCKET COS INC	145,644	$2.82M	1.9%	$13.20	+35.5%	COM CL A	77311W101
FISV	FISERV INC	40,069	$2.691M	1.8%	$110.61	-24.2%	COM	337738108
GD	GENERAL DYNAMICS CORP	6,859	$2.309M	1.5%	$176.38	+93.2%	COM	369550108
MSFT	MICROSOFT CORP	4,584	$2.217M	1.5%	$141.64	+253.4%	COM	594918104
LLY	ELI LILLY & CO	2,058	$2.212M	1.5%	$107.55	+788.5%	COM	532457108
DXC	DXC TECHNOLOGY CO	103,308	$1.513M	1.0%	$24.06	-42.8%	COM	23355L106
WST	WEST PHARMACEUTICAL SVSC INC	5,159	$1.419M	0.9%	$340.06	-19.6%	COM	955306105
IYW	ISHARES TR	6,476	$1.293M	0.9%	$173.27	—	U.S. TECH ETF	464287721
XOM	EXXON MOBIL CORP	10,076	$1.213M	0.8%	$104.51	+10.5%	COM	30231G102
ABBV	ABBVIE INC	4,958	$1.133M	0.8%	$184.10	+23.6%	COM	00287Y109
SYK	STRYKER CORPORATION	2,693	$947K	0.6%	$371.54	-2.2%	COM	863667101
MCD	MCDONALDS CORP	2,296	$702K	0.5%	$303.54	+0.5%	COM	580135101
JPM	JPMORGAN CHASE & CO.	2,000	$644K	0.4%	$252.67	+22.5%	COM	46625H100
ABT	ABBOTT LABS	5,100	$639K	0.4%	$130.60	-2.5%	COM	002824100
GOOG	ALPHABET INC	2,000	$628K	0.4%	$164.85	+73.7%	CAP STK CL C	02079K107
GOOGL	ALPHABET INC	2,000	$626K	0.4%	$163.29	+74.9%	CAP STK CL A	02079K305
AAPL	APPLE INC	2,175	$591K	0.4%	$94.32	+184.5%	COM	037833100
PEP	PEPSICO INC	2,950	$423K	0.3%	$131.03	+11.3%	COM	713448108
HD	HOME DEPOT INC	1,015	$349K	0.2%	$355.91	+2.4%	COM	437076102
BK	BANK NEW YORK MELLON CORP	2,860	$332K	0.2%	$83.95	+31.6%	COM	064058100
AMGN	AMGEN INC	1,000	$327K	0.2%	$277.77	+13.7%	COM	031162100
NET	CLOUDFLARE INC	1,445	$285K	0.2%	$204.15	+3.6%	CL A COM	18915M107
KO	COCA COLA CO	4,000	$280K	0.2%	$69.79	-0.6%	COM	191216100
AMZN	AMAZON COM INC	1,177	$272K	0.2%	$123.21	+85.7%	COM	023135106
EMR	EMERSON ELEC CO	2,000	$265K	0.2%	$113.54	+16.6%	COM	291011104
PG	PROCTER AND GAMBLE CO	1,600	$229K	0.2%	$160.77	-8.5%	COM	742718109
CL	COLGATE PALMOLIVE CO	2,850	$225K	0.1%	$90.04	-13.0%	COM	194162103
WIX	WIX COM LTD	2,031	$211K	0.1%	$143.52	-15.7%	SHS	M98068105
KMB	KIMBERLY-CLARK CORP	2,000	$202K	0.1%	$131.73	-17.7%	COM	494368103