Belfer Management LLC Long-Term Concentrated

Location: New York, NY

CIK: 0001481957 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 7, 2026

Total Value: $6.032M (100.0% shares, 0.0% debt)

Holdings (16)

New Positions (2)

POOL POOL CORP CMN 4.6%

Value $276K Shares 1,283 Est. Cost $214.92 Unrealized —

HUM HUMANA INC. 4.2%

Value $254K Shares 640 Est. Cost $397.43 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
POOL	POOL CORP CMN	1,283	$276K	4.6%	$214.92	—	COM	73278L105
HUM	HUMANA INC.	640	$254K	4.2%	$397.43	—	COM	444859102

Exited Positions (1)

ULTA ULTA BEAUTY INC CMN 3.6%

Value $217K Shares 416 Est. Cost $422.76 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ULTA	ULTA BEAUTY INC CMN	416	$217K	3.6%	$422.76	—	—	90384S303

Decreased Positions (4)

— ENERGY TRANSFER OPERATING LP 7.0%

Value $424K (-20.1%) Shares 22,155 (-19.4%) Est. Cost $13.09 Unrealized —

WES WESTERN MIDSTREAM PARTNERS LP 7.3%

Value $441K (-11.4%) Shares 10,081 (-16.7%) Est. Cost $29.68 Unrealized —

DLTR DOLLAR TREE STORES, INC. CMN 3.7%

Value $224K (-13.7%) Shares 1,855 (-21.9%) Est. Cost $87.78 Unrealized —

HG HAMILTON INSURANCE GROUP LTD. CMN 9.6%

Value $576K (+3.6%) Shares 16,984 (-9.0%) Est. Cost $15.17 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	ENERGY TRANSFER OPERATING LP	22,155 (-19.4%)	$424K (-20.1%)	7.0%	$13.09	—	COM UNITS LP	29273v100
WES	WESTERN MIDSTREAM PARTNERS LP	10,081 (-16.7%)	$441K (-11.4%)	7.3%	$29.68	—	COM UNITS LP	958669103
DLTR	DOLLAR TREE STORES, INC. CMN	1,855 (-21.9%)	$224K (-13.7%)	3.7%	$87.78	—	COM	256746108
HG	HAMILTON INSURANCE GROUP LTD. CMN	16,984 (-9.0%)	$576K (+3.6%)	9.6%	$15.17	—	COM	G42706104

Unchanged Positions (10)

CPNG COUPANG INC 15.5%

Value $937K Shares 53,943 Est. Cost $17.33 Unrealized —

LMT LOCKHEED MARTIN CORPORATION CMN 6.6%

Value $396K Shares 777 Est. Cost $394.18 Unrealized —

GLD SPDR GOLD TRUST ETF 7.1%

Value $429K Shares 1,164 Est. Cost $168.82 Unrealized —

GOOGL ALPHABET INC-CL A 5.4%

Value $326K Shares 913 Est. Cost $213.20 Unrealized —

AVTR AVANTOR INC 3.7%

Value $221K Shares 22,317 Est. Cost $25.50 Unrealized —

SHW SHERWIN-WILLIAMS CO CMN 4.9%

Value $295K Shares 856 Est. Cost $236.04 Unrealized —

LH LABCORP HOLDINGS INC. 5.4%

Value $325K Shares 1,162 Est. Cost $202.70 Unrealized —

MPLX MPLX LP 7.3%

Value $441K Shares 7,829 Est. Cost $35.18 Unrealized —

ORI OLD REPUBLIC INTL CORP CMN 3.7%

Value $224K Shares 5,480 Est. Cost $29.49 Unrealized —

APD AIR PRODUCTS & CHEMICALS INC CMN 4.0%

Value $243K Shares 828 Est. Cost $271.49 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CPNG	COUPANG INC	53,943	$937K	15.5%	$17.33	—	COM	22266T109
LMT	LOCKHEED MARTIN CORPORATION CMN	777	$396K	6.6%	$394.18	—	COM	539830109
GLD	SPDR GOLD TRUST ETF	1,164	$429K	7.1%	$168.82	—	ETF	78463V107
GOOGL	ALPHABET INC-CL A	913	$326K	5.4%	$213.20	—	CL A COM	02079K305
AVTR	AVANTOR INC	22,317	$221K	3.7%	$25.50	—	COM	05352A100
SHW	SHERWIN-WILLIAMS CO CMN	856	$295K	4.9%	$236.04	—	COM	824348106
LH	LABCORP HOLDINGS INC.	1,162	$325K	5.4%	$202.70	—	COM	504922105
MPLX	MPLX LP	7,829	$441K	7.3%	$35.18	—	COM UNITS LP	55336V100
ORI	OLD REPUBLIC INTL CORP CMN	5,480	$224K	3.7%	$29.49	—	COM	680223104
APD	AIR PRODUCTS & CHEMICALS INC CMN	828	$243K	4.0%	$271.49	—	COM	009158106