Belfer Management LLC Long-Term Concentrated

Location: New York, NY

CIK: 0001481957 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Oct 28, 2025

Total Value: $7.2M (100.0% shares, 0.0% debt)

Holdings (19)

CPNG COUPANG INC 25.1%

Value $1.807M Shares 56,114 Share Price $32.20 * Est. Cost/Share $17.24 Unrealized @ Report Date +75.4%

HG HAMILTON INSURANCE GROUP LTD. CMN 8.3%

Value $597K Shares 24,088 Share Price $24.80 * Est. Cost/Share $15.17 Unrealized @ Report Date +50.4%

GLD SPDR GOLD TRUST ETF 6.0%

Value $430K Shares 1,211 Share Price $355.48 Est. Cost/Share $159.28 Unrealized @ Report Date —

LMT LOCKHEED MARTIN CORPORATION CMN 5.6%

Value $403K Shares 808 Share Price $499.09 * Est. Cost/Share $386.45 Unrealized @ Report Date +16.0%

WES WESTERN MIDSTREAM PARTNERS LP 5.4%

Value $388K Shares 9,874 Share Price $39.29 Est. Cost/Share $27.13 Unrealized @ Report Date —

MPLX MPLX LP 5.3%

Value $383K Shares 7,668 Share Price $49.95 Est. Cost/Share $34.75 Unrealized @ Report Date —

— ENERGY TRANSFER OPERATING LP 5.2%

Value $372K Shares 21,700 Share Price $17.16 Est. Cost/Share $11.50 Unrealized @ Report Date —

LH LABCORP HOLDINGS INC. 5.0%

Value $357K Shares 1,243 Share Price $286.98 * Est. Cost/Share $200.20 Unrealized @ Report Date +33.3%

AVTR AVANTOR INC 4.4%

Value $318K Shares 25,461 Share Price $12.48 * Est. Cost/Share $25.50 Unrealized @ Report Date -49.5%

SHW SHERWIN-WILLIAMS CO CMN 4.3%

Value $308K Shares 891 Share Price $346.09 Est. Cost/Share $231.71 Unrealized @ Report Date +51.7%

ORI OLD REPUBLIC INTL CORP CMN 3.5%

Value $252K Shares 5,942 Share Price $42.47 * Est. Cost/Share $29.06 Unrealized @ Report Date +24.0%

ULTA ULTA BEAUTY INC CMN 3.3%

Value $236K Shares 433 Share Price $546.17 * Est. Cost/Share $413.52 Unrealized @ Report Date +23.9%

DLTR DOLLAR TREE STORES, INC. CMN 3.2%

Value $233K Shares 2,469 Share Price $94.37 * Est. Cost/Share $86.31 Unrealized @ Report Date +24.0%

GOOGL ALPHABET INC-CL A 3.2%

Value $231K Shares 950 Share Price $242.98 * Est. Cost/Share $209.20 Unrealized @ Report Date 0.0%

META META PLATFORMS INC CMN CLASS A 3.1%

Value $221K Shares 301 Share Price $734.83 Est. Cost/Share $304.88 Unrealized @ Report Date +143.8%

Z ZILLOW GROUP, INC. CMN SERIES C 3.0%

Value $215K Shares 2,786 Share Price $77.05 * Est. Cost/Share $81.72 Unrealized @ Report Date 0.0%

CRBG COREBRIDGE FINANCIAL, INC. CMN 2.9%

Value $212K Shares 6,616 Share Price $32.05 * Est. Cost/Share $23.36 Unrealized @ Report Date +44.3%

HUM HUMANA INC. 2.8%

Value $202K Shares 776 Share Price $260.23 Est. Cost/Share $261.21 Unrealized @ Report Date 0.0%

CLOV CLOVER HEALTH INVESTMENTS CO 0.5%

Value $33,008 Shares 10,787 Share Price $3.06 * Est. Cost/Share $1.24 Unrealized @ Report Date +130.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CPNG	COUPANG INC	56,114	$1.807M	25.1%	$32.20 *	$17.24	+75.4%	COM	22266T109
HG	HAMILTON INSURANCE GROUP LTD. CMN	24,088	$597K	8.3%	$24.80 *	$15.17	+50.4%	COM	G42706104
GLD	SPDR GOLD TRUST ETF	1,211	$430K	6.0%	$355.48	$159.28	—	ETF	78463V107
LMT	LOCKHEED MARTIN CORPORATION CMN	808	$403K	5.6%	$499.09 *	$386.45	+16.0%	COM	539830109
WES	WESTERN MIDSTREAM PARTNERS LP	9,874	$388K	5.4%	$39.29	$27.13	—	COM UNITS LP	958669103
MPLX	MPLX LP	7,668	$383K	5.3%	$49.95	$34.75	—	COM UNITS LP	55336V100
—	ENERGY TRANSFER OPERATING LP	21,700	$372K	5.2%	$17.16	$11.50	—	COM UNITS LP	29273v100
LH	LABCORP HOLDINGS INC.	1,243	$357K	5.0%	$286.98 *	$200.20	+33.3%	COM	504922105
AVTR	AVANTOR INC	25,461	$318K	4.4%	$12.48 *	$25.50	-49.5%	COM	05352A100
SHW	SHERWIN-WILLIAMS CO CMN	891	$308K	4.3%	$346.09	$231.71	+51.7%	COM	824348106
ORI	OLD REPUBLIC INTL CORP CMN	5,942	$252K	3.5%	$42.47 *	$29.06	+24.0%	COM	680223104
ULTA	ULTA BEAUTY INC CMN	433	$236K	3.3%	$546.17 *	$413.52	+23.9%	COM	90384S303
DLTR	DOLLAR TREE STORES, INC. CMN	2,469	$233K	3.2%	$94.37 *	$86.31	+24.0%	COM	256746108
GOOGL	ALPHABET INC-CL A	950	$231K	3.2%	$242.98 *	$209.20	0.0%	CL A COM	02079K305
META	META PLATFORMS INC CMN CLASS A	301	$221K	3.1%	$734.83	$304.88	+143.8%	CL A COM	30303M102
Z	ZILLOW GROUP, INC. CMN SERIES C	2,786	$215K	3.0%	$77.05 *	$81.72	0.0%	CL C UNITS	98954M200
CRBG	COREBRIDGE FINANCIAL, INC. CMN	6,616	$212K	2.9%	$32.05 *	$23.36	+44.3%	CL B COM	21871X109
HUM	HUMANA INC.	776	$202K	2.8%	$260.23	$261.21	0.0%	COM	444859102
CLOV	CLOVER HEALTH INVESTMENTS CO	10,787	$33,008	0.5%	$3.06 *	$1.24	+130.9%	COM	18914F103