Data as of Q4 2025 (Dec 31, 2025)

Bleichroeder LP

โ€ขCIK: 1781002โ€ขFiling: Q4 2025

**Bleichroeder LP** manages $568M across a portfolio of 73 positions, exhibiting concentrated exposure to select names. The fund's largest allocation is to GQ9 at $188.2M, followed by GPGI ($76.6M) and RHLD ($66.0M). Notable holdings also include LIN ($32.0M) and UBS ($26.3M), suggesting a targeted, high-conviction approach across various sectors. This structure indicates active management focused on significant, established equity positions.

Total AUM
$568.3M
QoQ Performance
+10.8%
Positions
69
Top 10 Concentration
82.5%
Latest Filing
Q4 2025

Top Holdings Allocation

GQ9
GPGI
RHLD
LIN
GQ933.1%
GPGI13.5%
RHLD11.6%
LIN5.6%
MDXHEALTH4.6%
SPY3.9%
DUOT3.2%
BX2.5%

๐Ÿ“ˆ Biggest Buys

KZIA
KAZIA THERAPEUTICS LTD
NEW
0.5% of portfolio
DTIL
PRECISION BIOSCIENCES INC
+54.7%
1.2% of portfolio
PXLW
PIXELWORKS INC
NEW
0.2% of portfolio
LLYVK
LIBERTY LIVE HOLDINGS INC
NEW
0.2% of portfolio
EYPT
EYEPOINT INC
+23.4%
1.0% of portfolio

๐Ÿ“‰ Biggest Sells

LIN
LINDE PLC
-8.5%
5.6% of portfolio
GPCR
STRUCTURE THERAPEUTICS INC
-50.0%
0.1% of portfolio
RHLD
RESOLUTE HLDGS MGMT INC
-0.5%
11.6% of portfolio
SMTK
SMARTKEM INC
-28.3%
0.0% of portfolio

Sector Breakdown

Other89.2%
Materials5.6%
ETF3.9%
Financial0.9%
Communication0.2%
Industrial0.2%
Energy0.0%

๐Ÿšช Exited Positionssold since Q3 2025

FWONA
LIBERTY MEDIA CORP DEL
SOLD
$1.3M
โ€”
COMPOSECURE INC
SOLD
$1.3M
FEAM
5E ADVANCED MATERIALS INC
SOLD
$997.1K
โ€”
EVOKE PHARMA INC
SOLD
$727.6K
FWONK
LIBERTY MEDIA CORP DEL
SOLD
$570.2K
+1 more exited positions

Changes from Q3 2025

NEW7 new positions
โ†‘9 increased
โ†“4 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023