BROOKTREE CAPITAL MANAGEMENT

RIA/Wealth

BROOKTREE CAPITAL MANAGEMENT is a RIA/Wealth based in Grand Rapids, MI led by Brian Robert Ellis, managing $157.4M across 42 long positions as of Q3 2025 with 37% Technology concentration, 78% concentrated in top 10 holdings, and 18% allocation to IBKR.

PresidentBrian Robert Ellis

Portfolio Value: $157.4M
Positions: 42
Top Holding: IBKR at 18.23%
Last Reported: Q3 2025

Address4080 Camelot Ridge Dr Se, Grand Rapids, MI, 49546-2420, United States

Top Holdings

Largest long holdings in BROOKTREE CAPITAL MANAGEMENT's portfolio (77.9% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Interactive Brokers Group, Inc. IBKR	Financial - Capital Markets Financial Services	$28.7M	18.23%	-$5.8M Sold	0.09% 416.9K shares	Q4 2019 Held for 5y 11m
2 Rimini Street, Inc. RMNI	Software - Application Technology	$18.2M	11.59%	-$22.7K Sold	4.21% 3.9M shares	Q1 2021 Held for 4y 8m
3 PAR Technology PAR	Software - Application Technology	$14.0M	8.91%	+$1.1M Bought	0.87% 354.3K shares	Q4 2019 Held for 5y 11m
4 Berkshire Hathaway BRK.B	Insurance - Diversified Financial Services	$11.1M	7.08%	+$564.1K Bought	0.00% 22.2K shares	Q4 2019 Held for 5y 11m
5 Thryv Holdings, Inc. THRY	Internet Content & Information Communication Services	$10.1M	6.45%	+$1.5M Bought	1.91% 841.3K shares	Q1 2021 Held for 4y 8m
6 IAC, Inc. IAC	Internet Content & Information Communication Services	$10.0M	6.34%	+$1.6M Bought	— 292.7K shares	Q3 2020 Held for 5y 2m
7 Bread Financial Holdings BFH	Financial - Credit Services Financial Services	$9.2M	5.82%	+$446.3K Bought	0.35% 164.1K shares	Q4 2019 Held for 5y 11m
8 Qualcomm QCOM	Semiconductors Technology	$8.5M	5.37%	+$660.0K Bought	0.00% 50.8K shares	Q2 2022 Held for 3y 5m
9 Fiserv FI	Information Technology Services Technology	$7.1M	4.54%	+$1.3M Bought	0.01% 55.4K shares	Q4 2022 Held for 2y 11m
10 Johnson & Johnson JNJ	Drug Manufacturers - General Healthcare	$5.6M	3.56%	+$255.7K Bought	0.00% 30.2K shares	Q4 2019 Held for 5y 11m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in BROOKTREE CAPITAL MANAGEMENT's latest filing

See all changes

GthenC

Market Value

$157.4M

Prior: $152.9M

Q/Q Change

+2.9%

+$4.4M

Net Flows % of MV

+2.02%

Turnover Ratio

5.3%

New Purchases

2 stocks

$589.0K

Added To

14 stocks

+$9.3M

Sold Out Of

1 stocks

$398.5K

Reduced Holdings

6 stocks

-$6.4M

Increased Positions

Position	Shares Δ	Change
1 Cloudflare, Inc. NET	New	0 → 1.5K +$313.3K
2 Wix.com WIX	New	0 → 1.6K +$275.7K
3 DexCom DXCM	+43.2%	29.2K → 41.9K +$850.2K
4 Rocket Companies RKT	+27.53%	116.6K → 148.7K +$621.9K
5 Fiserv FI	+22.69%	45.1K → 55.4K +$1.3M

Decreased Positions

Position	Shares Δ	Change
1 Cardlytics CDLX	Sold	242.2K → 0 −$398.5K
2 Interactive Brokers Group, Inc. IBKR	-16.93%	501.8K → 416.9K −$5.8M
3 PepsiCo PEP	-15.71%	3.5K → 3.0K −$77.2K
4 Eli Lilly LLY	-7.93%	2.2K → 2.1K −$135.8K
5 General Dynamics GD	-5.39%	7.4K → 7.0K −$136.4K