CIK 1048268
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 |
|---|---|---|
| Oil, Gas & Consumable Fuels | 34.61% | 4 |
| Machinery | 29.42% | 3 |
| Unclassified | 9.44% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 7.86% | 1 |
| Professional Services | 7.74% | 1 |
| Metals & Mining | 7.23% | 1 |
| Software & IT Services | 3.13% | 1 |
| Commercial Services & Supplies | 0.56% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | CECO | CECO ENVIRONMENTAL CORP | Industrials | 15.83% |
| 2 | RNGR | Ranger Energy Services, Inc. | Energy | 13.59% |
| 3 | CTRA | COTERRA ENERGY INC | Unclassified | 9.44% |
| 4 | RES | RPC INC | Energy | 8.31% |
| 5 | AMT | AMERICAN TOWER CORP /MA/ | Real Estate | 7.86% |
| 6 | MG | Mistras Group, Inc. | Industrials | 7.74% |
| 7 | MTW | MANITOWOC CO INC | Industrials | 7.42% |
| 8 | NX | Quanex Building Products CORP | Materials | 7.23% |
| 9 | AR | ANTERO RESOURCES Corp | Energy | 6.45% |
| 10 | RRC | RANGE RESOURCES CORP | Energy | 6.27% |
12/13 names classified · sector 90.6% of weight · industry 90.6% · mkt cap 90.6%; 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: 90.6% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 80.7% of book weight (9/13 names) · unclassified 19.3%: CTRA, FET, UIS, TISI. 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 | CECOCECO ENVIRONMENTAL CORP | 568,527 | $34M | 15.8% | ADD 101% |
| 2 | RNGRRANGER ENERGY SVCS INC | 1,696,438 | $29M | 13.6% | ADD 56% |
| 3 | CTRACOTERRA ENERGY INC | 575,000 | $20M | 9.4% | TRIM −19% |
| 4 | RESRPC INC | 2,511,895 | $18M | 8.3% | TRIM −3% |
| 5 | AMTAMERICAN TOWER CORP | 97,500 | $17M | 7.9% | NEW |
| 6 | MGMISTRAS GROUP INC | 1,120,545 | $17M | 7.7% | ADD 4% |
| 7 | MTWMANITOWOC CO INC | 1,362,485 | $16M | 7.4% | ADD 11% |
| 8 | NXQUANEX BLDG PRODS CORP | 861,169 | $15M | 7.2% | ADD 244% |
| 9 | ARANTERO RESOURCES CORP | 325,000 | $14M | 6.4% | TRIM −54% |
| 10 | RRCRANGE RES CORP | 296,882 | $13M | 6.3% | TRIM −43% |
| 11 | FETFORUM ENERGY TECHNOLOGIES IN | 225,000 | $13M | 6.2% | TRIM −59% |
| 12 | UISUNISYS CORP | 3,240,000 | $7M | 3.1% | ADD 176% |
| 13 | TISITEAM INC | 75,002 | $1M | 0.6% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| CECOCECO ENVIRONMENTAL CORP | — | — | — | — | 283K | 569K | $34M |
| RNGRRANGER ENERGY SVCS INC | — | — | — | — | 1.1M | 1.7M | $29M |
| CTRACOTERRA ENERGY INC | — | — | — | — | 710K | 575K | $20M |
| RESRPC INC | — | — | — | — | 2.6M | 2.5M | $18M |
| AMTAMERICAN TOWER CORP | — | — | — | — | — | 98K | $17M |
| MGMISTRAS GROUP INC | — | — | — | — | 1.1M | 1.1M | $17M |
| MTWMANITOWOC CO INC | — | — | — | — | 1.2M | 1.4M | $16M |
| NXQUANEX BLDG PRODS CORP | — | — | — | — | 250K | 861K | $15M |
| ARANTERO RESOURCES CORP | — | — | — | — | 706K | 325K | $14M |
| RRCRANGE RES CORP | — | — | — | — | 525K | 297K | $13M |
| FETFORUM ENERGY TECHNOLOGIES IN | — | — | — | — | 544K | 225K | $13M |
| UISUNISYS CORP | — | — | — | — | 1.2M | 3.2M | $7M |
| TISITEAM INC | — | — | — | — | 75K | 75K | $1M |
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.
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