CIK 1121943
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2016-Q3. 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 | 47.33% | 4 |
| Equity Real Estate Investment Trusts (REITs) | 21.48% | 1 |
| Specialty Retail | 15.53% | 1 |
| Health Care Equipment & Supplies | 13.16% | 1 |
| Utilities | 2.50% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | DLAPQ | DELTA APPAREL INC COM | Unclassified | 26.14% |
| 2 | BRT | BRT Apartments Corp. | Real Estate | 21.48% |
| 3 | DXLG | DESTINATION XL GROUP, INC. | Consumer Discretionary | 15.53% |
| 4 | INFU | InfuSystem Holdings, Inc | Health Care | 13.16% |
| 5 | ASCENA RETAIL GROUP INC | Unclassified | 12.23% | |
| 6 | RUBY TUESDAY INC | Unclassified | 6.42% | |
| 7 | GREAT ELM CAP GROUP INC | Unclassified | 2.53% | |
| 8 | GNE | Genie Energy Ltd. | Utilities | 2.50% |
4/8 names classified · sector 52.7% of weight · industry 52.7% · mkt cap 52.7%; 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: 52.7% of the book is sector-classified (unclassified names shown, never dropped).
Only 16% of book weight classified — the grid is NOT representative of the whole book.
Classified: 15.7% of book weight (2/6 names) · unclassified 84.3%: DLAPQ, BRT, , DXLG. 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 | DLAPQDELTA APPAREL INC COM | 440,418 | $9M | 26.1% | HOLD |
| 2 | BRTBRT APARTMENTS CORP | 915,779 | $8M | 21.5% | HOLD |
| 3 | DXLGDESTINATION XL GROUP INC | 1,276,439 | $5M | 15.5% | ADD 4% |
| 4 | INFUINFUSYSTEM HLDGS INC | 1,802,681 | $5M | 13.2% | ADD 8% |
| 5 | ASCENA RETAIL GROUP INC | 690,113 | $4M | 12.2% | HOLD |
| 6 | RUBY TUESDAY INC | 694,285 | $2M | 6.4% | TRIM −7% |
| 7 | GREAT ELM CAP GROUP INC | 235,590 | $883,000 | 2.5% | NEW |
| 8 | GNEGENIE ENERGY LTD | 151,630 | $872,000 | 2.5% | TRIM −33% |
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