CIK 1327388
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2015-Q2. 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 | 47.93% | 7 |
| Airlines | 11.04% | 2 |
| Media & Entertainment | 7.33% | 1 |
| Chemicals | 6.76% | 1 |
| Commercial Services & Supplies | 6.37% | 1 |
| Road & Rail | 5.49% | 1 |
| Semiconductors & Semiconductor Equipment | 5.40% | 1 |
| Electrical Equipment & Components | 5.11% | 1 |
| Capital Markets | 4.57% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | HOWARD HUGHES CORPORATION | Unclassified | 11.73% | |
| 2 | PLATFORM SPECIALTY PRODS COR | Unclassified | 9.23% | |
| 3 | BRK.B | BERKSHIRE HATHAWAY INC | Financials | 8.28% |
| 4 | RDI | READING INTERNATIONAL INC | Communication Services | 7.33% |
| 5 | APD | Air Products & Chemicals, Inc. | Materials | 6.76% |
| 6 | CAR | AVIS BUDGET GROUP, INC. | Industrials | 6.37% |
| 7 | MAGICJACK VOCALTEC LTD | Unclassified | 5.80% | |
| 8 | JBLU | JETBLUE AIRWAYS CORP | Industrials | 5.58% |
| 9 | UNP | UNION PACIFIC CORP | Industrials | 5.49% |
| 10 | DAL | DELTA AIR LINES, INC. | Industrials | 5.46% |
10/16 names classified · sector 60.4% of weight · industry 52.1% · mkt cap 60.4%; 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: 60.4% of the book is sector-classified (unclassified names shown, never dropped).
Only 33% of book weight classified — the grid is NOT representative of the whole book.
Classified: 32.8% of book weight (6/11 names) · unclassified 67.2%: , BRK.B, RDI, CAR, JBLU. 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 | HOWARD HUGHES CORPORATION | 51,495 | $6M | 11.7% | ADD 2% |
| 2 | PLATFORM SPECIALTY PRODS COR | 367,320 | $5M | 9.2% | ADD 35% |
| 3 | BRK.BBERKSHIRE HATHAWAY INC DEL | 31,983 | $4M | 8.3% | ADD 37% |
| 4 | RDIREADING INTL INC | 291,406 | $4M | 7.3% | TRIM −21% |
| 5 | APDAIR PRODS & CHEMS INC | 26,688 | $3M | 6.8% | TRIM −10% |
| 6 | CARAVIS BUDGET GROUP | 73,491 | $3M | 6.4% | ADD 2% |
| 7 | MAGICJACK VOCALTEC LTD | 327,964 | $3M | 5.8% | TRIM −3% |
| 8 | JBLUJETBLUE AWYS CORP | 109,110 | $3M | 5.6% | TRIM −52% |
| 9 | UNPUNION PAC CORP | 31,280 | $3M | 5.5% | NEW |
| 10 | DALDELTA AIR LINES INC | 61,265 | $3M | 5.5% | TRIM −25% |
| 11 | MUMICRON TECHNOLOGY INC | 181,420 | $3M | 5.4% | ADD 32% |
| 12 | SODASTREAM INTERNATIONAL | 190,785 | $3M | 5.2% | ADD 26% |
| 13 | GEGENERAL ELECTRIC CO | 101,950 | $3M | 5.1% | NEW |
| 14 | SPARK NETWORKS SE | 807,509 | $2M | 4.6% | ADD 6% |
| 15 | GSGOLDMAN SACHS GROUP INC | 13,254 | $2M | 4.6% | TRIM −3% |
| 16 | CANADIAN PAC RY LTD | 10,700 | $2M | 3.0% | NEW |
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