The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 06-30-2022
Check here if Amendment   Amendment Number:
This Amendment (Check only one.):   is a restatement.
  adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: PB INVESTMENT PARTNERS, L.P.
Address: 1350 BAYSHORE HIGHWAY
SUITE 700
BURLINGAME , CA94010
Form 13F File Number: 028-21878

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Edward R Tedeschi
Title: Chief Operating Officer
Phone: 925-683-7623
Signature, Place, and Date of Signing:
Edward R Tedeschi, Chief Operating Officer BURLINGAME , CA 08-12-2022
[Signature] [City, State] [Date]
Report Type (Check only one.):
X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
  13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
  13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 9
Form 13F Information Table Value Total: 112,278
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Form 13F File Number Name


SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
APOLLO GLOBAL MGMT INC COM 03769M106 10,633 219,331 SH SOLE 219,331 0 0
BK OF AMERICA CORP COM 060505104 13,972 448,837 SH SOLE 448,837 0 0
CARDLYTICS INC COM 14161W105 5,462 244,835 SH SOLE 244,835 0 0
CARVANA CO CL A 146869102 7,078 313,487 SH SOLE 313,487 0 0
ENVESTNET INC COM 29404K106 11,830 224,188 SH SOLE 224,188 0 0
HILTON GRAND VACATIONS INC COM 43283X105 11,170 312,645 SH SOLE 312,645 0 0
ONEMAIN HLDGS INC COM 68268W103 17,374 464,815 SH SOLE 464,815 0 0
PROGRESSIVE CORP COM 743315103 16,170 139,076 SH SOLE 139,076 0 0
RAYMOND JAMES FINL INC COM 754730109 18,589 207,913 SH SOLE 207,913 0 0