CIK 1080818
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 |
|---|---|---|
| Banks | 77.36% | 1 |
| Airlines | 12.01% | 1 |
| Entertainment | 6.64% | 1 |
| Leisure Products | 3.95% | 1 |
| Unclassified | 0.03% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | DB | Deutsche Bank AG | Financials | 77.36% |
| 2 | FLYX | FLYEXCLUSIVE INC. | Industrials | 12.01% |
| 3 | STUB | StubHub Holdings, Inc. | Communication Services | 6.64% |
| 4 | HAS | HASBRO, INC. | Consumer Discretionary | 3.95% |
| 5 | FLYX.WS | FLYEXCLUSIVE INC | Unclassified | 0.03% |
4/5 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 22.6%; 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: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Only 4% of book weight classified — the grid is NOT representative of the whole book.
Classified: 4.0% of book weight (1/5 names) · unclassified 96.0%: DB, FLYX, STUB, FLYX.WS. 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 | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| DBDEUTSCHE BK AG | — | 15.5M | 14.7M | 26.9M | 12.1M | 12.1M | $352M |
| FLYXFLYEXCLUSIVE INC | 14.0M | 14.0M | 14.0M | 27.9M | 24.2M | 24.2M | $55M |
| STUBSTUBHUB HLDGS INC | — | — | — | — | — | 4.9M | $30M |
| HASHASBRO INC | 809K | 791K | 623K | 1.2M | 620K | 192K | $18M |
| FLYX/WSFLYEXCLUSIVE INC | — | — | — | 569K | 569K | 569K | $119,517 |
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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