CIK 1040198
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Media & Entertainment | 24.88% | 2 |
| Banks | 14.01% | 2 |
| Unclassified | 8.72% | 5 |
| Capital Markets | 6.50% | 2 |
| Software | 6.30% | 2 |
| Metals & Mining | 5.95% | 2 |
| Diversified Telecommunication Services | 4.87% | 1 |
| Road & Rail | 4.49% | 1 |
| Media & Publishing | 4.24% | 1 |
| Communications Equipment | 4.21% | 1 |
| Utilities | 3.60% | 1 |
| Chemicals | 3.51% | 1 |
| Technology Hardware & Equipment | 2.60% | 1 |
| Food Products | 2.50% | 1 |
| Health Care Equipment & Supplies | 1.60% | 1 |
| Software & IT Services | 1.06% | 1 |
| Construction Materials | 0.96% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | WBD | Warner Bros. Discovery, Inc. | Communication Services | 19.21% |
| 2 | WULF | TERAWULF INC. | Financials | 7.06% |
| 3 | CORZ | Core Scientific, Inc./tx | Financials | 6.94% |
| 4 | JHG | JANUS HENDERSON GROUP PLC | Financials | 6.38% |
| 5 | LBRDK | Liberty Broadband Corp | Communication Services | 5.67% |
| 6 | EA | ELECTRONIC ARTS INC. | Information Technology | 5.67% |
| 7 | IAG | IAMGOLD CORP | Materials | 5.11% |
| 8 | VSAT | VIASAT INC | Communication Services | 4.87% |
| 9 | NSC | NORFOLK SOUTHERN CORP | Industrials | 4.49% |
| 10 | TDAY | USA TODAY Co., Inc. | Communication Services | 4.24% |
21/26 names classified · sector 91.3% of weight · industry 91.3% · mkt cap 91.3%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 91.3% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 56.2% of book weight (13/25 names) · unclassified 43.8%: WULF, CORZ, , LBRDK, IAG, VSAT, TLN, MASI, TECK, USAR +2 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | WBDWARNER BROS DISCOVERY INC | 880,303 | $24M | 19.2% | ADD 143% |
| 2 | WULFTERAWULF INC | 616,000 | $9M | 7.1% | TRIM −18% |
| 3 | CORZCORE SCIENTIFIC INC NEW | 584,124 | $9M | 6.9% | TRIM −26% |
| 4 | JHGJANUS HENDERSON GROUP PLC | 156,300 | $8M | 6.4% | NEW |
| 5 | LBRDKLIBERTY BROADBAND CORP | 141,900 | $7M | 5.7% | TRIM −26% |
| 6 | EAELECTRONIC ARTS INC | 35,000 | $7M | 5.7% | ADD 24% |
| 7 | IAGIAMGOLD CORP | 341,737 | $6M | 5.1% | TRIM −39% |
| 8 | VSATVIASAT INC | 133,732 | $6M | 4.9% | ADD 38% |
| 9 | NSCNORFOLK SOUTHN CORP | 19,700 | $6M | 4.5% | TRIM −70% |
| 10 | TDAYUSA TODAY CO INC | 755,914 | $5M | 4.2% | ADD 89% |
| 11 | VISNCOMMSCOPE HLDG CO INC | 291,200 | $5M | 4.2% | ADD 258% |
| 12 | AMICUS THERAPEUTICS INC | 363,000 | $5M | 4.2% | HOLD |
| 13 | TLNTALEN ENERGY CORP | 14,178 | $5M | 3.6% | TRIM −50% |
| 14 | KVUEKENVUE INC | 256,200 | $4M | 3.5% | ADD 100% |
| 15 | NATLNCR ATLEOS CORPORATION | 75,000 | $3M | 2.6% | NEW |
| 16 | KHCKRAFT HEINZ CO | 139,700 | $3M | 2.5% | HOLD |
| 17 | SEALED AIR CORP NEW | 72,300 | $3M | 2.4% | TRIM −8% |
| 18 | MASIMASIMO CORP | 15,000 | $3M | 2.1% | NEW |
| 19 | PENPENUMBRA INC | 6,130 | $2M | 1.6% | NEW |
| 20 | TRIPTRIPADVISOR INC | 125,000 | $1M | 1.1% | HOLD |
| 21 | TECKTECK RESOURCES LTD | 23,438 | $1M | 1.0% | TRIM −25% |
| 22 | USARUSA RARE EARTH INC | 70,005 | $1M | 0.8% | HOLD |
| 23 | BLBLACKLINE INC | 21,500 | $795,500 | 0.6% | NEW |
| 24 | DBRGDIGITALBRIDGE GROUP INC | 10,000 | $154,200 | 0.1% | TRIM −94% |
| 25 | BTMWQBITCOIN DEPOT INC | 337,375 | $7,220 | 0.0% | HOLD |
| 26 | SDSTWSTARDUST PWR INC | 24,766 | $4,059 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| WBDWARNER BROS DISCOVERY INC | — | — | — | 167K | 363K | 880K | $24M |
| WULFTERAWULF INC | — | — | — | 3.5M | 747K | 616K | $9M |
| CORZCORE SCIENTIFIC INC NEW | — | — | — | 1.5M | 789K | 584K | $9M |
| JHGJANUS HENDERSON GROUP PLC | — | — | — | — | — | 156K | $8M |
| LBRDKLIBERTY BROADBAND CORP | 31K | 31K | 63K | 142K | 192K | 142K | $7M |
| EAELECTRONIC ARTS INC | — | — | — | 42K | 28K | 35K | $7M |
| IAGIAMGOLD CORP | 3.4M | 2.9M | 3.3M | 2.8M | 564K | 342K | $6M |
| VSATVIASAT INC | — | — | — | 250K | 97K | 134K | $6M |
| NSCNORFOLK SOUTHN CORP | — | — | — | 20K | 65K | 20K | $6M |
| TDAYUSA TODAY CO INC | — | — | — | — | 400K | 756K | $5M |
| VISNCOMMSCOPE HLDG CO INC | 750K | — | — | 325K | 81K | 291K | $5M |
| AMICUS THERAPEUTICS INC | — | — | — | — | 363K | 363K | $5M |
| TLNTALEN ENERGY CORP | 220K | 170K | 170K | 152K | 28K | 14K | $5M |
| KVUEKENVUE INC | — | — | — | — | 128K | 256K | $4M |
| NATLNCR ATLEOS CORPORATION | — | — | — | — | — | 75K | $3M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Where this firm's principals came from and which firms its alumni went on to found.
