CIK 1277742
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 |
|---|---|---|
| Diversified Telecommunication Services | 47.72% | 1 |
| Media & Entertainment | 28.90% | 3 |
| Unclassified | 10.28% | 1 |
| Pharmaceuticals & Biotechnology | 7.43% | 1 |
| Capital Markets | 4.08% | 2 |
| Machinery | 1.27% | 1 |
| Banks | 0.32% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | TSAT | Telesat Corp | Communication Services | 47.72% |
| 2 | LION | Lionsgate Studios Corp. | Communication Services | 26.39% |
| 3 | HAFN | HAFNIA LTD | Unclassified | 10.28% |
| 4 | IOVA | IOVANCE BIOTHERAPEUTICS, INC. | Health Care | 7.43% |
| 5 | APO | Apollo Global Management, Inc. | Financials | 3.25% |
| 6 | STRZ | STARZ ENTERTAINMENT CORP /CN/ | Communication Services | 2.41% |
| 7 | GFF | GRIFFON CORP | Industrials | 1.27% |
| 8 | PAX | Patria Investments Ltd | Financials | 0.83% |
| 9 | WULF | TERAWULF INC. | Financials | 0.32% |
| 10 | OPTU | Optimum Communications, Inc. | Communication Services | 0.10% |
9/10 names classified · sector 89.7% of weight · industry 89.7% · mkt cap 41.2%; 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: 89.7% of the book is sector-classified (unclassified names shown, never dropped).
Only 7% of book weight classified — the grid is NOT representative of the whole book.
Classified: 6.9% of book weight (3/10 names) · unclassified 93.1%: TSAT, LION, HAFN, IOVA, PAX, WULF, OPTU. 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 | TSATTELESAT CORP | 18,035,092 | $653M | 47.7% | HOLD |
| 2 | LIONLIONSGATE STUDIOS CORP | 37,648,498 | $361M | 26.4% | HOLD |
| 3 | HAFNHAFNIA LTD | 18,496,652 | $141M | 10.3% | HOLD |
| 4 | IOVAIOVANCE BIOTHERAPEUTICS INC | 28,967,103 | $102M | 7.4% | HOLD |
| 5 | APOAPOLLO GLOBAL MGMT INC | 399,505 | $45M | 3.3% | HOLD |
| 6 | STRZSTARZ ENTERTAINMENT CORP. | 2,863,232 | $33M | 2.4% | HOLD |
| 7 | GFFGRIFFON CORP | 239,392 | $17M | 1.3% | ADD 92% |
| 8 | PAXPATRIA INVESTMENTS LIMITED | 900,000 | $11M | 0.8% | ADD 13% |
| 9 | WULFTERAWULF INC | 300,000 | $4M | 0.3% | NEW |
| 10 | OPTUOPTIMUM COMMUNICATIONS INC | 1,070,800 | $1M | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| TSATTELESAT CORP | 18.0M | 18.0M | 18.0M | 18.0M | 18.0M | 18.0M | $653M |
| LIONLIONSGATE STUDIOS CORP | — | — | 37.6M | 37.6M | 37.6M | 37.6M | $361M |
| HAFNHAFNIA LTD | 7.6M | 10.0M | 13.9M | 17.2M | 18.5M | 18.5M | $141M |
| IOVAIOVANCE BIOTHERAPEUTICS INC | 24.4M | 24.4M | 29.0M | 29.0M | 29.0M | 29.0M | $102M |
| APOAPOLLO GLOBAL MGMT INC | 550K | 500K | 475K | 400K | 400K | 400K | $45M |
| STRZSTARZ ENTERTAINMENT CORP. | — | — | 2.9M | 2.9M | 2.9M | 2.9M | $33M |
| GFFGRIFFON CORP | — | — | — | 125K | 125K | 239K | $17M |
| PAXPATRIA INVESTMENTS LIMITED | — | 200K | 628K | 800K | 800K | 900K | $11M |
| WULFTERAWULF INC | — | — | — | — | — | 300K | $4M |
| OPTUOPTIMUM COMMUNICATIONS INC | 168K | 168K | 168K | 168K | 1.1M | 1.1M | $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.
