BIRNAM OAK ADVISORS, LP

Filed: 5/12/2026ACC: 0001172661-26-001696

📋 What this filing means

BIRNAM OAK ADVISORS, LP filed this quarterly 13F‑HR report disclosing 34 equity positions with a total reported market value of $440.64M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$440.64M

Total AUM (reported)

6.33M

Total Shares

Allocation by class

COM$201.75M45.8%

TR UNIT$61.78M14.0%

CL A$57.74M13.1%

MSCI ACWI ETF$38.30M8.7%

COM SER A$33.71M7.7%

UNIT SER 1$17.32M3.9%

CL B NEW$6.71M1.5%

Portfolio Concentration

Top 3$146.49M33.2%

4–10$203.81M46.3%

11–25$85.86M19.5%

Rest$4.48M1.0%

Top 3 weight

33.2%

Top 10 weight

79.5%

Voting Authority Distribution

Total shares with voting rights: 6.33M

Sole

Full voting authority

4.03M

% of voting shares63.6%

Shared

Joint voting authority

2.30M

% of voting shares36.4%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole28

Shared0

Other6

Dominant voting typeSole · 63.6% of voting shares

Institutional Holdings34

Rows:

STATE STR SPDR S&P 500 ETF T

SOLE

TR UNIT

Shares95K

TypeSH

Market value$61.78M

14.02%

Sole

63K

Shared

32K

None

0.00

NORFOLK SOUTHN CORP

OTR

COM

Shares151.84K

TypeSH

Market value$43.58M

9.89%

Sole

96.44K

Shared

55.40K

None

0.00

CHART INDS INC

OTR

COM

Shares198.94K

TypeSH

Market value$41.13M

9.33%

Sole

118.17K

Shared

80.77K

None

0.00

CLEARWATER ANALYTICS HLDGS I

OTR

CL A

Shares1.72M

TypeSH

Market value$40.66M

9.23%

Sole

1.02M

Shared

703.35K

None

0.00

ISHARES TR

SOLE

MSCI ACWI ETF

Shares276.80K

TypeSH

Market value$38.30M

8.69%

Sole

276.80K

Shared

0.00

None

0.00

WARNER BROS DISCOVERY INC

OTR

COM SER A

Shares1.23M

TypeSH

Market value$33.71M

7.65%

Sole

688.22K

Shared

539.56K

None

0.00

PENUMBRA INC

SOLE

COM

Shares95.99K

TypeSH

Market value$31.52M

7.15%

Sole

56.95K

Shared

39.04K

None

0.00

KENVUE INC

SOLE

COM

Shares1.41M

TypeSH

Market value$24.35M

5.53%

Sole

852.70K

Shared

559.57K

None

0.00

QORVO INC

SOLE

COM

Shares232.01K

TypeSH

Market value$17.96M

4.08%

Sole

139K

Shared

93.01K

None

0.00

INVESCO QQQ TR

OTR

UNIT SER 1

Shares30K

TypeSH

Market value$17.32M

3.93%

Sole

17.40K

Shared

12.60K

None

0.00

ECHOSTAR CORP

SOLE

CL A

Shares145.94K

TypeSH

Market value$17.08M

3.88%

Sole

121.19K

Shared

24.74K

None

0.00

REVOLUTION MEDICINES INC

OTR

COM

Shares159.41K

TypeSH

Market value$15.50M

3.52%

Sole

100.15K

Shared

59.26K

None

0.00

UNIFIRST CORP MASS

SOLE

COM

Shares51.13K

TypeSH

Market value$12.86M

2.92%

Sole

29.78K

Shared

21.35K

None

0.00

TXNM ENERGY INC

SOLE

COM

Shares146.65K

TypeSH

Market value$8.57M

1.95%

Sole

83.31K

Shared

63.34K

None

0.00

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares14K

TypeSH

Market value$6.71M

1.52%

Sole

14K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares33K

TypeSH

Market value$6.47M

1.47%

Sole

33K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE MSCI EURO

Shares55K

TypeSH

Market value$3.86M

0.88%

Sole

55K

Shared

0.00

None

0.00

J P MORGAN EXCHANGE TRADED F

SOLE

BETABULDRS JAPAN

Shares55K

TypeSH

Market value$3.79M

0.86%

Sole

55K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EUROPE ETF

Shares35K

TypeSH

Market value$2.89M

0.65%

Sole

35K

Shared

0.00

None

0.00

AMAZON COM INC

SOLE

COM

Shares9.50K

TypeSH

Market value$1.98M

0.45%

Sole

9.50K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares27.10K

TypeSH

Market value$1.97M

0.45%

Sole

27.10K

Shared

0.00

None

0.00

UNITED STS BRENT OIL FD LP

SOLE

UNIT

Shares22K

TypeSH

Market value$1.14M

0.26%

Sole

16.30K

Shared

5.70K

None

0.00

MICROSOFT CORP

SOLE

COM

Shares3K

TypeSH

Market value$1.11M

0.25%

Sole

Shared

0.00

None

0.00

ISHARES TR

SOLE

S&P 500 VAL ETF

Shares5K

TypeSH

Market value$1.06M

0.24%

Sole

Shared

0.00

None

0.00

GOLDMAN SACHS GROUP INC

SOLE

COM

Shares1K

TypeSH

Market value$846.0K

0.19%

Sole

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared
STATE STR SPDR S&P 500 ETF TSOLE	TR UNIT	95K	SH	$61.78M 14.02%	63K	32K
NORFOLK SOUTHN CORPOTR	COM	151.84K	SH	$43.58M 9.89%	96.44K	55.40K
CHART INDS INCOTR	COM	198.94K	SH	$41.13M 9.33%	118.17K	80.77K
CLEARWATER ANALYTICS HLDGS IOTR	CL A	1.72M	SH	$40.66M 9.23%	1.02M	703.35K
ISHARES TRSOLE	MSCI ACWI ETF	276.80K	SH	$38.30M 8.69%	276.80K	0.00
WARNER BROS DISCOVERY INCOTR	COM SER A	1.23M	SH	$33.71M 7.65%	688.22K	539.56K
PENUMBRA INCSOLE	COM	95.99K	SH	$31.52M 7.15%	56.95K	39.04K
KENVUE INCSOLE	COM	1.41M	SH	$24.35M 5.53%	852.70K	559.57K
QORVO INCSOLE	COM	232.01K	SH	$17.96M 4.08%	139K	93.01K
INVESCO QQQ TROTR	UNIT SER 1	30K	SH	$17.32M 3.93%	17.40K	12.60K
ECHOSTAR CORPSOLE	CL A	145.94K	SH	$17.08M 3.88%	121.19K	24.74K
REVOLUTION MEDICINES INCOTR	COM	159.41K	SH	$15.50M 3.52%	100.15K	59.26K
UNIFIRST CORP MASSSOLE	COM	51.13K	SH	$12.86M 2.92%	29.78K	21.35K
TXNM ENERGY INCSOLE	COM	146.65K	SH	$8.57M 1.95%	83.31K	63.34K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	14K	SH	$6.71M 1.52%	14K	0.00
VANGUARD INDEX FDSSOLE	VALUE ETF	33K	SH	$6.47M 1.47%	33K	0.00
ISHARES TRSOLE	CORE MSCI EURO	55K	SH	$3.86M 0.88%	55K	0.00
J P MORGAN EXCHANGE TRADED FSOLE	BETABULDRS JAPAN	55K	SH	$3.79M 0.86%	55K	0.00
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EUROPE ETF	35K	SH	$2.89M 0.65%	35K	0.00
AMAZON COM INCSOLE	COM	9.50K	SH	$1.98M 0.45%	9.50K	0.00
VANGUARD INDEX FDSSOLE	GROWTH ETF	27.10K	SH	$1.97M 0.45%	27.10K	0.00
UNITED STS BRENT OIL FD LPSOLE	UNIT	22K	SH	$1.14M 0.26%	16.30K	5.70K
MICROSOFT CORPSOLE	COM	3K	SH	$1.11M 0.25%	3K	0.00
ISHARES TRSOLE	S&P 500 VAL ETF	5K	SH	$1.06M 0.24%	5K	0.00
GOLDMAN SACHS GROUP INCSOLE	COM	1K	SH	$846.0K 0.19%	1K	0.00

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