CIK 1086762
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 |
|---|---|---|
| Unclassified | 24.61% | 3 |
| Road & Rail | 18.48% | 1 |
| Aerospace & Defense | 10.76% | 1 |
| Oil, Gas & Consumable Fuels | 9.86% | 3 |
| Health Care Providers & Services | 9.02% | 3 |
| Semiconductors & Semiconductor Equipment | 5.67% | 1 |
| Airlines | 4.38% | 1 |
| Insurance | 3.73% | 1 |
| Capital Markets | 3.11% | 1 |
| Marine | 2.66% | 1 |
| Commercial Services & Supplies | 2.30% | 2 |
| Specialty Retail | 2.00% | 1 |
| Banks | 1.52% | 1 |
| Hotels, Restaurants & Leisure | 0.89% | 1 |
| Diversified Telecommunication Services | 0.49% | 1 |
| Pharmaceuticals & Biotechnology | 0.42% | 1 |
| Media & Entertainment | 0.09% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | NSC | NORFOLK SOUTHERN CORP | Industrials | 18.48% |
| 2 | GLD | SPDR GOLD TR | Unclassified | 12.05% |
| 3 | AIR LEASE CORP | Unclassified | 10.89% | |
| 4 | HON | HONEYWELL INTERNATIONAL INC | Industrials | 10.76% |
| 5 | LH | LABCORP HOLDINGS INC. | Health Care | 5.98% |
| 6 | MU | MICRON TECHNOLOGY INC | Information Technology | 5.67% |
| 7 | EXE | EXPAND ENERGY Corp | Energy | 5.52% |
| 8 | UAL | United Airlines Holdings, Inc. | Industrials | 4.38% |
| 9 | CI | Cigna Group | Financials | 3.73% |
| 10 | FANG | Diamondback Energy, Inc. | Energy | 3.32% |
21/24 names classified · sector 75.4% of weight · industry 75.4% · mkt cap 72.7%; 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: 75.4% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 61.3% of book weight (12/24 names) · unclassified 38.7%: GLD, , KKR, BKD, DHT, OBDC, RKT, HTZ, SOC, CZR +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 | NSCNORFOLK SOUTHN CORP | 115,000 | $33M | 18.5% | ADD 15% |
| 2 | GLDSPDR GOLD TR | 50,000 | $22M | 12.0% | TRIM −33% |
| 3 | AIR LEASE CORP | 299,500 | $19M | 10.9% | TRIM −33% |
| 4 | HONHONEYWELL INTL INC | 85,000 | $19M | 10.8% | NEW |
| 5 | LHLABCORP HOLDINGS INC | 40,000 | $11M | 6.0% | NEW |
| 6 | MUMICRON TECHNOLOGY INC | 30,000 | $10M | 5.7% | NEW |
| 7 | EXEEXPAND ENERGY CORPORATION | 89,800 | $10M | 5.5% | TRIM −25% |
| 8 | UALUNITED AIRLS HLDGS INC | 85,000 | $8M | 4.4% | ADD 70% |
| 9 | CITHE CIGNA GROUP | 25,000 | $7M | 3.7% | TRIM −17% |
| 10 | FANGDIAMONDBACK ENERGY INC | 30,000 | $6M | 3.3% | NEW |
| 11 | KKRKKR & CO INC | 60,000 | $6M | 3.1% | NEW |
| 12 | BKDBROOKDALE SR LIVING INC | 350,000 | $5M | 2.7% | ADD 775% |
| 13 | DHTDHT HOLDINGS INC | 260,000 | $5M | 2.7% | NEW |
| 14 | LADLITHIA MTRS INC | 14,332 | $4M | 2.0% | NEW |
| 15 | OBDCBLUE OWL CAPITAL CORPORATION | 270,000 | $3M | 1.7% | ADD 349% |
| 16 | RKTROCKET COS INC | 190,000 | $3M | 1.5% | NEW |
| 17 | HTZHERTZ GLOBAL HLDGS INC | 520,000 | $2M | 1.3% | TRIM −17% |
| 18 | SOCSABLE OFFSHORE CORP | 110,000 | $2M | 1.0% | TRIM −58% |
| 19 | FTAIFTAI AVIATION LTD | 7,000 | $2M | 1.0% | NEW |
| 20 | CZRCAESARS ENTERTAINMENT INC NE | 60,000 | $2M | 0.9% | NEW |
| 21 | VSATVIASAT INC | 19,000 | $870,200 | 0.5% | TRIM −81% |
| 22 | TEVATEVA PHARMACEUTICAL INDS LTD | 25,000 | $753,000 | 0.4% | TRIM −79% |
| 23 | SNDASONIDA SENIOR LIVING INC | 20,328 | $655,578 | 0.4% | NEW |
| 24 | AMCAMC ENTMT HLDGS INC | 170,000 | $166,600 | 0.1% | TRIM −32% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| NSCNORFOLK SOUTHN CORP | — | — | — | 90K | 100K | 115K | $33M |
| GLDSPDR GOLD TR | 150K | 130K | 70K | 80K | 75K | 50K | $22M |
| AIR LEASE CORP | 568K | 692K | 635K | 500K | 450K | 300K | $19M |
| HONHONEYWELL INTL INC | — | — | — | — | — | 85K | $19M |
| LHLABCORP HOLDINGS INC | — | — | — | — | — | 40K | $11M |
| MUMICRON TECHNOLOGY INC | — | — | 30K | — | — | 30K | $10M |
| EXEEXPAND ENERGY CORPORATION | — | — | — | — | 120K | 90K | $10M |
| UALUNITED AIRLS HLDGS INC | 350K | 150K | 180K | 150K | 50K | 85K | $8M |
| CITHE CIGNA GROUP | — | — | — | — | 30K | 25K | $7M |
| FANGDIAMONDBACK ENERGY INC | 10K | — | — | — | — | 30K | $6M |
| KKRKKR & CO INC | — | — | — | — | — | 60K | $6M |
| BKDBROOKDALE SR LIVING INC | — | — | — | — | 40K | 350K | $5M |
| DHTDHT HOLDINGS INC | — | — | — | — | — | 260K | $5M |
| LADLITHIA MTRS INC | — | 40K | 20K | — | — | 14K | $4M |
| OBDCBLUE OWL CAPITAL CORPORATION | — | — | — | — | 60K | 270K | $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.
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