BBR ALO Fund NPORTP Monthly portfolio investment report

BBR ALO Fund, LLC

SCHEDULE OF INVESTMENTS

As of June 30, 2023 (Unaudited)

Number of Shares			Value
		COMMON STOCKS — 70.5%
		COMMUNICATIONS — 3.6%
	12,794	Booking Holdings, Inc.*	$	34,548,022
	153,939	Fox Corp.		5,233,926
	7,648	VeriSign, Inc.*		1,728,219
	472,210	Warner Bros Discover, Inc.*		5,921,513
				47,431,680
		CONSUMER DISCRETIONARY — 10.0%
	88,563	Adidas AG - ADR		8,588,751
	152,099	Buckle, Inc.		5,262,625
	251,008	Bunzl PLC - ADR		9,570,333
	500,523	Copart, Inc.*		45,652,703
	9,071	DR Horton, Inc.		1,103,850
	136,741	Evolution Gaming Group AB - ADR		17,290,585
	55,529	Kering SA -ADR		3,063,035
	16,995	LVMH Moet Hennessy Louis Vuitton - ADR		3,200,272
	73,871	Magna International, Inc.		4,169,279
	5,993	MercadoLibre, Inc*		7,099,308
	3,816	NVR, Inc.*		24,233,966
	4,608	Winmark Corp.		1,532,022
				130,766,729
		CONSUMER STAPLES — 1.1%
	52,583	Medifast, Inc.		4,846,049
	178,166	Unilever PLC¹		9,287,794
				14,133,843
		ENERGY — 1.7%
	135,140	HF Sinclair Corp.		6,028,596
	49,834	Marathon Petroleum Corp.		5,810,644
	3,354	Texas Pacific Land Corp.		4,415,541
	54,087	Valero Energy Corp.		6,344,405
				22,599,186
		FINANCIALS — 6.9%
	55,276	Aon PLC¹		19,081,275
	16,219	Credit Acceptance Corp.*		8,238,117
	107,655	HDFC Bank Ltd - ADR		7,503,554
	34,034	Hingham Institution for Savings		7,255,368
	14,750	Kinsale Capital Group, Inc.		5,519,450
	126,826	Primerica, Inc.		25,081,110
	99,400	RLI Corp.		13,565,118
	76,802	WR Berkley Corp.		4,574,327
				90,818,319

BBR ALO Fund, LLC

SCHEDULE OF INVESTMENTS - Continued

As of June 30, 2023 (Unaudited)

Number of Shares			Value
		COMMON STOCKS (Continued)
		HEALTH CARE — 6.8%
	65,111	CSL LTD - SP ADR	$	6,010,989
	13,166	Elevance Health, Inc.		5,849,522
	48,747	Gilead Sciences, Inc.		3,756,931
	13,687	Humana, Inc.		6,119,868
	104,174	ICON PLC^1,*		26,064,335
	4,792	IDEXX Laboratories, Inc*		2,406,686
	132,827	Medtronic PLC¹		11,702,059
	21,946	Molina Healthcare, Inc.*		6,611,013
	549,519	Siemens Healthineers AG - ADR		15,545,673
	25,223	United Therapeutics Corp.*		5,567,977
				89,635,053
		INDUSTRIALS — 17.4%
	58,700	Ametek, Inc.		9,502,356
	196,706	Amphenol Corp., Class A		16,710,175
	175,000	Canadian Pacific Kansas City		14,134,750
	434,934	Fastenal Company		25,656,757
	151,631	Gentex Corp.		4,436,723
	302,115	Graco, Inc.		26,087,630
	281,614	HEICO Corp., Class A		39,594,934
	49,025	IDEX Corp.		10,553,121
	117,403	Landstar System, Inc.		22,604,774
	96,430	Old Dominion Freight Line, Inc.		35,654,992
	83,000	RBC Bearings, Inc.*		18,050,010
	62,576	TriNet Group, Inc.*		5,942,843
				228,929,065
		MATERIALS — 3.0%
	48,616	CF Industries Holdings, Inc.		3,374,923
	98,713	Consol Energy, Inc.		6,693,729
	223,404	Huntsman Corp.		6,036,376
	29,600	Linde PLC¹		11,279,968
	62,180	LyondellBasell Industries - Class A		5,709,989
	16,500	Simpson Manufacturing Co, Inc.		2,285,250
	106,250	Warrior Met Coal, Inc.		4,138,437
				39,518,672
		REAL ESTATE — 0.4%
	235,000	Equity Commonwealth		4,761,100

		TECHNOLOGY — 19.6%
	17,253	Accenture PLC - Class A¹		5,323,931
	109,386	Amadeus IT Group, S.A. - ADR		8,318,007

BBR ALO Fund, LLC

SCHEDULE OF INVESTMENTS - Continued

As of June 30, 2023 (Unaudited)

Number of Shares			Value
		COMMON STOCKS (Continued)
		TECHNOLOGY (Continued)
	44,635	Applied Materials, Inc.	$	6,451,543
	14,857	ASM Holding NV¹		10,767,611
	116,988	Cisco Systems, Inc.		6,052,959
	245,758	CoStar Group, Inc.*		21,872,462
	54,688	Dassault Systemes SE - SP ADR		2,423,876
	208,345	Experian PLC - ADR		7,994,010
	22,096	Globant SA^1,*		3,971,093
	199,758	HP, Inc.		6,134,568
	170,448	Intel Corp.		5,699,781
	68,593	Interdigital, Inc.		6,622,654
	13,647	KLA Corp.		6,619,068
	105,847	Kulicke & Soffa Industries		6,292,604
	9,017	Lam Research Corp.		5,796,669
	110,285	Lasertec Corp - ADR		3,292,493
	99,629	Micron Technology, Inc.		6,287,586
	72,672	Moody's Corp.		25,269,508
	15,243	MSCI, Inc.		7,153,387
	421,913	Sage Group PLC - ADR		19,842,357
	117,199	SAP SE - SP ADR		16,033,995
	137,527	Shopify, Inc. - Class A*		8,884,244
	43,069	Teledyne Technologies, Inc.*		17,706,097
	81,474	Teleperformance - ADR		6,819,944
	75,531	Temenos AG - SP ADR		6,006,006
	10,012	Tyler Technologies, Inc.*		4,169,698
	129,101	Veeva Systems, Inc. - Class A*		25,527,141
				257,333,292
		TOTAL COMMON STOCKS
		(Cost $715,544,746)		925,926,939

Number of Units			Value
		INVESTMENT FUNDS — 25.7%
	-	Echo Street GoodCo Select, L.P.^2,*	$	337,655,929
		TOTAL INVESTMENT FUNDS
		(Cost $258,768,080)		337,655,929
		TOTAL INVESTMENTS — 96.2%
		(Cost $974,312,826)		1,263,582,868
		Other Assets in Excess of Liabilities — 3.8%		49,789,107
		TOTAL NET ASSETS — 100.0%	$	1,313,371,975

ADR – American Depository Receipt

SP ADR – Sponsored American Depository Receipt

BBR ALO Fund, LLC

SCHEDULE OF INVESTMENTS - Continued

As of June 30, 2023 (Unaudited)

¹	Foreign security denominated in U.S. Dollars.

²	Partnership is not designated in units. The Fund owns approximately 14.97% of Echo Street GoodCo Select, L.P., and has contractually waived its right to vote its interests.

^*	Non-income producing security.

Additional information on Investment Funds is as follows:

Security	Redemption Permitted	Acquisition Date	Investment Strategy	Redemption Notice Period
Echo Street GoodCo Select, L.P.	Monthly	6/1/2019^a	Long-Only Equities^b	30 Days

Represents the initial acquisition by the Predecessor Funds.

This investment category includes investment funds that make long-only investments in equity securities that are deemed by investment managers to be undervalued and to present certain sustainable advantages.

BBR ALO Fund NPORT-PMonthly portfolio investment report