Managers / Q1 2026
ENTRUST GLOBAL PARTNERS L L C
CIK 0001080818 · 375 PARK AVENUE, 24TH FLOOR, NEW YORK, NY, 10152 · 212-224-5548
Summary
Entrust Global Partners L L C reported $456M in U.S.-listed holdings across 6 positions for Q1 2026.
The portfolio is heavily concentrated: Deutsche Bank alone accounts for 77.4% of reported value.
Compared with Q4 2025, the fund opened 1 new position and exited 2.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Other · 77.4% · $352M
- Common Stock · 22.6% · $103M
- Equity WRT · 0.0% · $119,517
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| STUBStubHub Holdings Inc-Class A | NEW | +4.85M | 4.85M | +$30M | $30M |
| GRAB HOLDINGS LIMITED | SOLD OUT | −3.59M | 0 | −$22M | $0 |
| LYFTLYFT INC | SOLD OUT | −851.1K | 0 | −$19M | $0 |
| HASHASBRO INC | TRIMMED | −1.05M | 192.4K | −$80M | $18M |
| Deutsche Bank AG | TRIMMED | −13.44M | 12.15M | −$333M | $352M |
| flyExclusive | TRIMMED | −568.9K | 568.9K | −$179,133 | $119,517 |
| FLYXflyExclusive | TRIMMED | −13.95M | 24.22M | −$114M | $55M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | Deutsche Bank AG | NAMEN AKT | 77.36% | $352M | 12.15M |
| 2 | FLYXflyExclusive | CL A COM · *W EXP 99/99/999 | 12.04% | $55M | 24.78M |
| 3 | STUBStubHub Holdings Inc-Class Ahistory → | COM | 6.64% | $30M | 4.85M |
| 4 | HASHASBRO INChistory → | COM | 3.95% | $18M | 192.4K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $456M | 6 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025REVEALED | $992M | 12 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $499M | 6 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025REVEALED | $820M | 16 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $492M | 6 | May 19, 2025 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2024 | $83M | 3 | Feb 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $105M | 5 | Nov 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $195M | 7 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $154M | 5 | May 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $186M | 5 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $234M | 5 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $230M | 5 | Aug 9, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $220M | 6 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $207M | 6 | Feb 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $191M | 12 | Nov 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $186M | 12 | Aug 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $291M | 14 | May 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $363M | 15 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $270M | 5 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $269M | 3 | Aug 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $298M | 4 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $256M | 5 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- EnTrust Global Partners Offshore LP028-18531
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.