CIK 1099281
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 |
|---|---|---|
| Real Estate Management & Development | 12.54% | 7 |
| Marine | 12.49% | 1 |
| Oil, Gas & Consumable Fuels | 9.98% | 3 |
| Distributors | 8.34% | 3 |
| Equity Real Estate Investment Trusts (REITs) | 7.17% | 5 |
| Banks | 6.19% | 6 |
| Unclassified | 6.02% | 4 |
| Coal & Consumable Fuels | 5.50% | 1 |
| Aerospace & Defense | 4.80% | 1 |
| Construction & Engineering | 4.78% | 3 |
| Insurance | 4.29% | 4 |
| Commercial Services & Supplies | 3.73% | 1 |
| Chemicals | 3.55% | 2 |
| Pharmaceuticals & Biotechnology | 2.96% | 3 |
| Entertainment | 1.44% | 2 |
| Paper & Forest Products | 1.22% | 1 |
| Diversified Consumer Services | 1.16% | 1 |
| Health Care Providers & Services | 1.03% | 1 |
| Machinery | 0.92% | 1 |
| Professional Services | 0.76% | 1 |
| Metals & Mining | 0.58% | 1 |
| Software | 0.56% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | TDW | TIDEWATER INC | Industrials | 12.49% |
| 2 | VAL | Valaris Ltd | Energy | 8.09% |
| 3 | BCC | BOISE CASCADE Co | Consumer Discretionary | 6.92% |
| 4 | HCC | WARRIOR MET COAL, INC. | Energy | 5.50% |
| 5 | HOG | HARLEY-DAVIDSON, INC. | Industrials | 4.80% |
| 6 | RHI | ROBERT HALF INC. | Industrials | 3.73% |
| 7 | BN | BROOKFIELD Corp /ON/ | Real Estate | 3.16% |
| 8 | FPH | Five Point Holdings, LLC | Real Estate | 3.03% |
| 9 | CBRE | CBRE GROUP, INC. | Real Estate | 3.00% |
| 10 | PLD | Prologis, Inc. | Real Estate | 2.70% |
49/53 names classified · sector 94.0% of weight · industry 94.0% · mkt cap 87.8%; 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: 94.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 78.4% of book weight (38/53 names) · unclassified 21.6%: BN, FPH, ROG, UHAL.B, LEN.B, SUPN, BATRA, , BKD, PBF +5 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 | TDWTIDEWATER INC NEW | 921,181 | $77M | 12.5% | ADD 6% |
| 2 | VALVALARIS LTD | 508,186 | $50M | 8.1% | TRIM −13% |
| 3 | BCCBOISE CASCADE CO DEL | 562,021 | $43M | 6.9% | ADD 31% |
| 4 | HCCWARRIOR MET COAL INC | 364,002 | $34M | 5.5% | TRIM −38% |
| 5 | HOGHARLEY DAVIDSON INC | 1,462,670 | $30M | 4.8% | NEW |
| 6 | RHIROBERT HALF INC. | 903,905 | $23M | 3.7% | NEW |
| 7 | BNBROOKFIELD CORP | 481,495 | $19M | 3.2% | TRIM −12% |
| 8 | FPHFIVE POINT HOLDINGS LLC | 3,861,162 | $19M | 3.0% | TRIM −6% |
| 9 | CBRECBRE GROUP INC | 136,330 | $18M | 3.0% | TRIM −7% |
| 10 | PLDPROLOGIS INC. | 125,945 | $17M | 2.7% | TRIM −13% |
| 11 | ROGROGERS CORP | 151,025 | $16M | 2.6% | TRIM −24% |
| 12 | UHAL.BU HAUL HOLDING COMPANY | 284,375 | $13M | 2.1% | ADD 10% |
| 13 | LEN.BLENNAR CORP | 142,843 | $12M | 2.0% | TRIM −3% |
| 14 | SUISUN CMNTYS INC | 91,455 | $12M | 1.9% | TRIM −6% |
| 15 | PHMPULTE GROUP INC | 95,128 | $11M | 1.8% | TRIM −6% |
| 16 | DHID R HORTON INC | 73,836 | $10M | 1.6% | TRIM −6% |
| 17 | ECPGENCORE CAP GROUP INC | 142,512 | $10M | 1.6% | TRIM −17% |
| 18 | JLLJONES LANG LASALLE INC | 32,407 | $10M | 1.6% | TRIM −6% |
| 19 | FNFFIDELITY NATL FINL INC | 193,455 | $9M | 1.5% | TRIM −6% |
| 20 | UMBFUMB FINL CORP | 78,245 | $9M | 1.4% | HOLD |
| 21 | MYRGMYR GROUP INC DEL | 28,819 | $8M | 1.3% | TRIM −19% |
| 22 | SUPNSUPERNUS PHARMACEUTICALS INC | 152,724 | $8M | 1.3% | TRIM −19% |
| 23 | BATRAATLANTA BRAVES HLDGS INC | 164,438 | $8M | 1.3% | HOLD |
| 24 | SKYCHAMPION HOMES INC | 100,757 | $7M | 1.2% | TRIM −5% |
| 25 | AMHAMERICAN HOMES 4 RENT | 262,520 | $7M | 1.2% | TRIM −6% |
| 26 | TRI POINTE HOMES INC | 155,855 | $7M | 1.2% | HOLD |
| 27 | UNFUNIFIRST CORP MASS | 28,434 | $7M | 1.2% | HOLD |
| 28 | FSVFIRSTSERVICE CORP NEW | 50,452 | $7M | 1.1% | ADD 170% |
| 29 | PBPROSPERITY BANCSHARES INC | 102,168 | $7M | 1.1% | HOLD |
| 30 | PRAPROASSURANCE CORP | 260,608 | $6M | 1.0% | TRIM −11% |
| 31 | BKDBROOKDALE SR LIVING INC | 463,664 | $6M | 1.0% | NEW |
| 32 | PBFPBF ENERGY INC | 131,050 | $6M | 1.0% | HOLD |
| 33 | OSGOCTAVE SPECIALTY GROUP INC | 1,341,211 | $6M | 1.0% | ADD 71% |
| 34 | LXULSB INDS INC | 381,096 | $6M | 0.9% | TRIM −52% |
| 35 | ALGALAMO GROUP INC | 34,332 | $6M | 0.9% | ADD 43% |
| 36 | SDSANDRIDGE ENERGY INC | 330,818 | $5M | 0.9% | HOLD |
| 37 | WCCWESCO INTL INC | 19,243 | $5M | 0.9% | TRIM −5% |
| 38 | CPRXCATALYST PHARMACEUTICALS INC | 210,161 | $5M | 0.8% | NEW |
| 39 | COLLCOLLEGIUM PHARMACEUTICAL INC | 155,143 | $5M | 0.8% | TRIM −24% |
| 40 | CETCENTRAL SECS CORP | 101,812 | $5M | 0.8% | HOLD |
| 41 | ITICINVESTORS TITLE CO NC | 21,894 | $5M | 0.8% | HOLD |
| 42 | FRFIRST INDL RLTY TR INC | 81,016 | $5M | 0.8% | TRIM −23% |
| 43 | ICFIICF INTL INC | 71,736 | $5M | 0.8% | ADD 36% |
| 44 | OCFCOCEANFIRST FINL CORP | 246,662 | $4M | 0.7% | ADD 28% |
| 45 | FLGFLAGSTAR BANK NATIONAL ASSOC | 331,241 | $4M | 0.7% | ADD 52% |
| 46 | WYWEYERHAEUSER CO | 162,377 | $4M | 0.6% | TRIM −5% |
| 47 | SBSISOUTHSIDE BANCSHARES INC | 116,879 | $4M | 0.6% | HOLD |
| 48 | KALUKAISER ALUMINUM CORP | 29,881 | $4M | 0.6% | TRIM −65% |
| 49 | BXCBLUELINX HLDGS INC | 64,369 | $3M | 0.6% | HOLD |
| 50 | QLYSQUALYS INC | 39,120 | $3M | 0.6% | NEW |
| 51 | FRPHFRP HLDGS INC | 107,160 | $2M | 0.4% | HOLD |
| 52 | COMPCOMPASS INC | 187,469 | $1M | 0.2% | NEW |
| 53 | BATRKATLANTA BRAVES HLDGS INC | 26,104 | $1M | 0.2% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| TDWTIDEWATER INC NEW | 588K | 809K | 875K | 875K | 873K | 921K | $77M |
| VALVALARIS LTD | 427K | 570K | 586K | 586K | 584K | 508K | $50M |
| BCCBOISE CASCADE CO DEL | — | — | — | 274K | 430K | 562K | $43M |
| HCCWARRIOR MET COAL INC | 587K | 613K | 642K | 642K | 583K | 364K | $34M |
| HOGHARLEY DAVIDSON INC | — | — | — | — | — | 1.5M | $30M |
| RHIROBERT HALF INC. | — | — | — | — | — | 904K | $23M |
| BNBROOKFIELD CORP | 391K | 378K | 378K | 378K | 548K | 481K | $19M |
| FPHFIVE POINT HOLDINGS LLC | 4.1M | 4.1M | 4.1M | 4.1M | 4.1M | 3.9M | $19M |
| CBRECBRE GROUP INC | 174K | 165K | 165K | 155K | 147K | 136K | $18M |
| PLDPROLOGIS INC. | 129K | 129K | 146K | 145K | 145K | 126K | $17M |
| ROGROGERS CORP | — | — | — | 199K | 199K | 151K | $16M |
| UHAL/BU HAUL HOLDING COMPANY | 250K | 250K | 260K | 259K | 259K | 284K | $13M |
| LEN/BLENNAR CORP | 162K | 148K | 148K | 148K | 148K | 143K | $12M |
| SUISUN CMNTYS INC | 108K | 91K | 97K | 97K | 97K | 91K | $12M |
| PHMPULTE GROUP INC | — | 64K | 97K | 97K | 101K | 95K | $11M |
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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