CIK 1282189
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 | 16.01% | 6 |
| Marine | 10.46% | 2 |
| Capital Markets | 9.69% | 2 |
| Aerospace & Defense | 8.12% | 2 |
| Real Estate Management & Development | 7.99% | 2 |
| Semiconductors & Semiconductor Equipment | 7.86% | 2 |
| Automobiles & Components | 5.05% | 1 |
| Insurance | 4.68% | 2 |
| Distributors | 3.77% | 1 |
| Media & Entertainment | 3.74% | 2 |
| Machinery | 3.50% | 1 |
| Software | 3.21% | 1 |
| Specialty Retail | 3.09% | 1 |
| Commercial Services & Supplies | 2.54% | 1 |
| Unclassified | 2.22% | 1 |
| Communications Equipment | 2.07% | 1 |
| Media & Publishing | 1.56% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 1.09% | 1 |
| Pharmaceuticals & Biotechnology | 1.03% | 1 |
| Technology Hardware & Equipment | 0.99% | 1 |
| Metals & Mining | 0.67% | 1 |
| Utilities | 0.65% | 2 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | TDW | TIDEWATER INC | Industrials | 7.23% |
| 2 | CHRD | Chord Energy Corp | Energy | 6.46% |
| 3 | VAL | Valaris Ltd | Energy | 5.86% |
| 4 | MSB | MESABI TRUST | Financials | 5.55% |
| 5 | JOBY | Joby Aviation, Inc. | Industrials | 5.36% |
| 6 | RIVN | Rivian Automotive, Inc. / DE | Consumer Discretionary | 5.05% |
| 7 | MLP | MAUI LAND & PINEAPPLE CO INC | Real Estate | 5.02% |
| 8 | INTC | INTEL CORP | Information Technology | 4.31% |
| 9 | JEF | Jefferies Financial Group Inc. | Financials | 4.14% |
| 10 | UNFI | UNITED NATURAL FOODS INC | Consumer Discretionary | 3.77% |
34/35 names classified · sector 97.8% of weight · industry 97.8% · mkt cap 88.7%; 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: 97.8% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 64.6% of book weight (24/35 names) · unclassified 35.4%: JOBY, RIVN, MLP, UNFI, CDLR, YOU, HPP, VSNT, SBLK, CRGY +1 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 | 317,632 | $27M | 7.2% | HOLD |
| 2 | CHRDCHORD ENERGY CORPORATION | 166,607 | $24M | 6.5% | HOLD |
| 3 | VALVALARIS LTD | 219,133 | $21M | 5.9% | TRIM −54% |
| 4 | MSBMESABI TR | 646,582 | $20M | 5.6% | TRIM −3% |
| 5 | JOBYJOBY AVIATION INC | 2,381,096 | $20M | 5.4% | HOLD |
| 6 | RIVNRIVIAN AUTOMOTIVE INC | 1,230,291 | $19M | 5.0% | HOLD |
| 7 | MLPMAUI LD & PINEAPPLE INC | 1,197,335 | $18M | 5.0% | HOLD |
| 8 | INTCINTEL CORP | 358,452 | $16M | 4.3% | NEW |
| 9 | JEFJEFFERIES FINL GROUP INC | 368,019 | $15M | 4.1% | ADD 46% |
| 10 | UNFIUNITED NAT FOODS INC | 307,078 | $14M | 3.8% | TRIM −20% |
| 11 | MUMICRON TECHNOLOGY INC | 38,585 | $13M | 3.6% | TRIM −60% |
| 12 | HYHYSTER-YALE INC | 395,383 | $13M | 3.5% | HOLD |
| 13 | CDLRCADELER A S | 502,500 | $12M | 3.2% | TRIM −5% |
| 14 | YOUCLEAR SECURE INC | 243,280 | $12M | 3.2% | HOLD |
| 15 | MBIMBIA INC | 1,931,890 | $11M | 3.1% | TRIM −6% |
| 16 | AMZNAMAZON COM INC | 54,494 | $11M | 3.1% | ADD 3% |
| 17 | HPPHUDSON PAC PPTYS INC | 1,840,023 | $11M | 3.0% | ADD 161% |
| 18 | BABOEING CO | 50,871 | $10M | 2.8% | ADD 13% |
| 19 | VSNTVERSANT MEDIA GROUP INC | 265,121 | $10M | 2.7% | NEW |
| 20 | CARTMAPLEBEAR INC | 249,181 | $9M | 2.5% | ADD 9% |
| 21 | SBLKSTAR BULK CARRIERS CORP. | 354,861 | $8M | 2.2% | HOLD |
| 22 | QCOMQUALCOMM INC | 59,003 | $8M | 2.1% | ADD 3% |
| 23 | CRGYCRESCENT ENERGY COMPANY | 490,083 | $7M | 1.8% | HOLD |
| 24 | GNWGENWORTH FINL INC | 708,891 | $6M | 1.6% | HOLD |
| 25 | NYTNEW YORK TIMES CO | 68,491 | $6M | 1.6% | TRIM −20% |
| 26 | NENOBLE CORP PLC | 115,330 | $6M | 1.5% | TRIM −15% |
| 27 | CBLCBL & ASSOC PPTYS INC | 104,136 | $4M | 1.1% | TRIM −66% |
| 28 | CMCSACOMCAST CORP NEW | 136,352 | $4M | 1.1% | TRIM −2% |
| 29 | AMGNAMGEN INC | 10,736 | $4M | 1.0% | HOLD |
| 30 | AAPLAPPLE INC | 14,302 | $4M | 1.0% | TRIM −2% |
| 31 | GLWCORNING INC | 17,976 | $2M | 0.7% | TRIM −59% |
| 32 | LNGCheniere Energy, Inc | 7,617 | $2M | 0.6% | TRIM −58% |
| 33 | EQTEQT CORP | 19,871 | $1M | 0.3% | TRIM −12% |
| 34 | CQPCHENIERE ENERGY PARTNERS LP | 3,250 | $210,048 | 0.1% | TRIM −32% |
| 35 | TUSKMAMMOTH ENERGY SVCS INC | 10,720 | $26,264 | 0.0% | TRIM −16% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| TDWTIDEWATER INC NEW | 246K | 320K | 323K | 321K | 319K | 318K | $27M |
| CHRDCHORD ENERGY CORPORATION | 176K | 179K | 178K | 168K | 167K | 167K | $24M |
| VALVALARIS LTD | 330K | 400K | 477K | 474K | 473K | 219K | $21M |
| MSBMESABI TR | 779K | 694K | 686K | 677K | 664K | 647K | $20M |
| JOBYJOBY AVIATION INC | 2.3M | 2.4M | 2.4M | 2.2M | 2.4M | 2.4M | $20M |
| RIVNRIVIAN AUTOMOTIVE INC | 1.2M | 1.2M | 1.2M | 1.2M | 1.2M | 1.2M | $19M |
| MLPMAUI LD & PINEAPPLE INC | 803K | 919K | 972K | 992K | 1.2M | 1.2M | $18M |
| INTCINTEL CORP | — | — | — | — | — | 358K | $16M |
| JEFJEFFERIES FINL GROUP INC | — | — | — | — | 251K | 368K | $15M |
| UNFIUNITED NAT FOODS INC | 466K | 371K | 370K | 389K | 384K | 307K | $14M |
| MUMICRON TECHNOLOGY INC | 114K | 116K | 115K | 113K | 97K | 39K | $13M |
| HYHYSTER-YALE INC | 256K | 283K | 299K | 300K | 399K | 395K | $13M |
| CDLRCADELER A S | 436K | 532K | 533K | 528K | 530K | 503K | $12M |
| YOUCLEAR SECURE INC | — | — | — | — | 244K | 243K | $12M |
| MBIMBIA INC | 2.2M | 2.2M | 2.2M | 2.1M | 2.1M | 1.9M | $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.
Where this firm's principals came from and which firms its alumni went on to found.
