1y return+25.6%S&P 500 +20.9%
3y return+50.6%S&P 500 +68.5%
5y return+15.3%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2020: $200 against $290 in the S&P 500.2
Bleichroeder LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| GLDSpdr Gold Tr | $175.0M | 31.3% | |
| GPGIGpgi Inc | $63.0M | 11.3% | |
| SPYState Str Spdr S&p 500 Etf T | $50.5M | 9.0% | |
| RHLDResolute Hldgs Mgmt Inc | $45.4M | 8.1% | |
| Linde PLCCUSIP G54950103 | $31.4M | 5.6% | −11.7% |
| DUOTDuos Technologies Group Inc | $19.5M | 3.5% | |
| DTILPrecision Biosciences Inc | $15.9M | 2.8% | +21.4% |
| CUECue Biopharma Inc | $11.7M | 2.1% | New |
| BXBlackstone Inc | $10.7M | 1.9% | |
| IMMXImmix Biopharma Inc | $10.3M | 1.8% | |
| IDNIntellicheck Mobilisa Inc | $8.4M | 1.5% | |
| SPGIS&p Global Inc | $8.1M | 1.5% | |
| INVEIdentiv Inc | $7.3M | 1.3% | |
| LIQTLiqtech Intl Inc | $5.8M | 1.0% | +116.3% |
| KZIAKazia Therapeutics Ltd | $5.6M | 1.0% | |
| COCHEnvoy Medical Inc | $5.0M | 0.9% | |
| CGEMCullinan Therapeutics Inc | $4.6M | 0.8% | +150.0% |
| WELLWelltower Inc | $4.5M | 0.8% | |
| EYPTEyepoint Inc | $4.5M | 0.8% | |
| FLNTFluent Inc | $4.3M | 0.8% | −20.0% |
| GNLXGenelux Corporation | $4.2M | 0.7% | |
| PROKProkidney Corp | $4.1M | 0.7% | |
| COGTCogent Biosciences Inc | $3.9M | 0.7% | New |
| QQQInvesco Qqq Tr | $3.4M | 0.6% | |
| JPMJpmorgan Chase & Co | $3.3M | 0.6% | −32.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| RHLDResolute Hldgs Mgmt Inc | March 31, 2025 | +361.2% | $45.4M |
| IRDOpus Genetics Inc | March 31, 2025 | +318.6% | $3.0M |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $3.3M |
| IMMXImmix Biopharma Inc | March 31, 2024 | +235.8% | $10.3M |
| DUOTDuos Technologies Group Inc | June 30, 2020 | +160.8% | $19.5M |
| GLDSpdr Gold Tr | June 30, 2020 | +120.1% | $175.0M |
| GPGIGpgi Inc | March 31, 2022 | +108.9% | $63.0M |
| BXBlackstone Inc | June 30, 2020 | +107.7% | $10.7M |
| KZIAKazia Therapeutics Ltd | December 31, 2025 | +104.4% | $5.6M |
| FLNTFluent Inc | September 30, 2025 | +68.0% | $4.3M |
Sold off last quarter
- Neuroone Med Technologies CoCUSIP 64130M209 was $3.1M
- Cue Biopharma IncCUSIP 22978P106 was $1.6M
- POCIPrecision Optics Corp Inc Ma was $1.2M
- RTXRtx Corporation was $1.2M
- SHAZSharonai Holdings Inc was $568K
- LHXL3harris Technologies Inc was $552K
- Ernexa Therapeutics IncCUSIP 114082308 was $398K
- CARRCarrier Global Corporation was $338K
- Multisensor Ai Holdings IncCUSIP 456948108 was $283K
- OTISOtis Worldwide Corp was $231K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −4.3% | +14.8% |
| March 31, 2026 | −3.6% | −4.6% |
| December 31, 2025 | +9.8% | +2.4% |
| September 30, 2025 | +24.1% | +7.8% |
| June 30, 2025 | +12.1% | +10.5% |
| March 31, 2025 | −1.4% | −4.6% |
| December 31, 2024 | +5.0% | +2.1% |
| September 30, 2024 | +13.2% | +5.4% |
| June 30, 2024 | −6.5% | +4.0% |
| March 31, 2024 | +2.1% | +10.0% |
| December 31, 2023 | +9.3% | +11.2% |
| September 30, 2023 | −12.6% | −3.6% |
| June 30, 2023 | +2.0% | +8.3% |
| March 31, 2023 | +9.7% | +7.0% |
| December 31, 2022 | −1.2% | +7.1% |
| September 30, 2022 | −2.9% | −5.3% |
| June 30, 2022 | −14.1% | −16.5% |
| March 31, 2022 | −12.9% | −4.9% |
| December 31, 2021 | +4.5% | +10.7% |
| September 30, 2021 | −8.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Bleichroeder LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1781002&type=13F-HR&dateb=&owner=include&count=40CIK 1781002
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1781002/000142050626001619/Filed August 13, 2026 · accession 0001420506-26-001619