CIK 1164688
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 | 77.20% | 2 |
| Unclassified | 18.27% | 6 |
| Software & IT Services | 1.68% | 1 |
| Media & Entertainment | 1.62% | 1 |
| Pharmaceuticals & Biotechnology | 1.05% | 1 |
| Commercial Services & Supplies | 0.17% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VAL | Valaris Ltd | Energy | 53.51% |
| 2 | XPRO | EXPRO GROUP HOLDINGS N.V. | Energy | 23.69% |
| 3 | FSK | FS KKR CAP CORP | Unclassified | 10.41% |
| 4 | FSSL | FS SPECIALTY LENDING FD | Unclassified | 3.94% |
| 5 | XJQCX | NUVEEN CR STRATEGIES INCOME | Unclassified | 1.83% |
| 6 | SABR | Sabre Corp | Information Technology | 1.68% |
| 7 | IHRT | iHeartMedia, Inc. | Communication Services | 1.62% |
| 8 | EBS | Emergent BioSolutions Inc. | Health Care | 1.05% |
| 9 | HYT | BLACKROCK CORPOR HI YLD FD I | Unclassified | 1.04% |
| 10 | DSU | BLACKROCK DEBT STRATEGIES FD | Unclassified | 0.63% |
6/12 names classified · sector 81.7% of weight · industry 81.7% · mkt cap 81.7%; 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: 81.7% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 79.9% of book weight (4/12 names) · unclassified 20.1%: FSK, FSSL, XJQCX, IHRT, HYT, DSU, XEVVX, CTEV. 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 | VALVALARIS LTD | 4,791,979 | $470M | 53.5% | HOLD |
| 2 | XPROEXPRO GROUP HOLDINGS NV | 11,944,856 | $208M | 23.7% | HOLD |
| 3 | FSKFS KKR CAP CORP | 8,975,827 | $91M | 10.4% | ADD 244% |
| 4 | FSSLFS SPECIALTY LENDING FD | 2,766,277 | $35M | 3.9% | HOLD |
| 5 | XJQCXNUVEEN CR STRATEGIES INCOME | 3,301,932 | $16M | 1.8% | HOLD |
| 6 | SABRSABRE CORP | 10,177,079 | $15M | 1.7% | HOLD |
| 7 | IHRTIHEARTMEDIA INC | 4,880,530 | $14M | 1.6% | HOLD |
| 8 | EBSEMERGENT BIOSOLUTIONS INC | 1,113,338 | $9M | 1.1% | TRIM −69% |
| 9 | HYTBLACKROCK CORPOR HI YLD FD I | 1,070,395 | $9M | 1.0% | ADD 20% |
| 10 | DSUBLACKROCK DEBT STRATEGIES FD | 578,922 | $6M | 0.6% | HOLD |
| 11 | XEVVXEATON VANCE LIMITED DURATION | 390,403 | $4M | 0.4% | HOLD |
| 12 | CTEVCLARITEV CORPORATION | 91,773 | $1M | 0.2% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| VALVALARIS LTD | 4.8M | 4.8M | 4.8M | 4.8M | 4.8M | 4.8M | $470M |
| XPROEXPRO GROUP HOLDINGS NV | 12.1M | 12.1M | 12.1M | 12.1M | 12.1M | 11.9M | $208M |
| FSKFS KKR CAP CORP | — | — | — | — | 2.6M | 9.0M | $91M |
| FSSLFS SPECIALTY LENDING FD | — | — | — | — | 2.8M | 2.8M | $35M |
| XJQCXNUVEEN CR STRATEGIES INCOME | 3.3M | 6.7M | 3.3M | 3.3M | 3.3M | 3.3M | $16M |
| SABRSABRE CORP | 10.2M | 10.2M | 10.2M | 10.2M | 10.2M | 10.2M | $15M |
| IHRTIHEARTMEDIA INC | 4.9M | 4.9M | 4.9M | 4.9M | 4.9M | 4.9M | $14M |
| EBSEMERGENT BIOSOLUTIONS INC | 1.1M | 1.1M | 3.6M | 3.6M | 3.6M | 1.1M | $9M |
| HYTBLACKROCK CORPOR HI YLD FD I | 906K | 906K | 892K | 892K | 892K | 1.1M | $9M |
| DSUBLACKROCK DEBT STRATEGIES FD | 597K | 597K | 579K | 579K | 579K | 579K | $6M |
| XEVVXEATON VANCE LIMITED DURATION | 404K | 404K | 390K | 390K | 390K | 390K | $4M |
| CTEVCLARITEV CORPORATION | 87K | 87K | 92K | 92K | 92K | 92K | $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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