CIK 1328331
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2020-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 | 45.73% | 10 |
| Hotels, Restaurants & Leisure | 23.24% | 1 |
| Oil, Gas & Consumable Fuels | 14.59% | 1 |
| Banks | 12.84% | 1 |
| Insurance | 1.37% | 1 |
| Chemicals | 1.19% | 1 |
| Food Products | 1.03% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | BH | Biglari Holdings Inc. | Consumer Discretionary | 23.24% |
| 2 | EGY | VAALCO ENERGY INC /DE/ | Energy | 14.59% |
| 3 | SUPPORT COM INC | Unclassified | 13.84% | |
| 4 | LSAK | LESAKA TECHNOLOGIES INC | Financials | 12.84% |
| 5 | SYNACOR INC COM | Unclassified | 10.82% | |
| 6 | OPIANT PHARMACEUTICALS INC | Unclassified | 6.05% | |
| 7 | MAXEON SOLAR TECHNOLOGIES LT | Unclassified | 5.27% | |
| 8 | BBX CAP CORP NEW | Unclassified | 3.17% | |
| 9 | CRD.B | CRAWFORD & CO | Unclassified | 1.48% |
| 10 | HOUSTON WIRE & CABLE CO COM | Unclassified | 1.48% |
6/16 names classified · sector 54.3% of weight · industry 54.3% · mkt cap 29.7%; 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: 54.3% of the book is sector-classified (unclassified names shown, never dropped).
Only 2% of book weight classified — the grid is NOT representative of the whole book.
Classified: 2.2% of book weight (2/9 names) · unclassified 97.8%: , BH, EGY, LSAK, CRD.B, BCIC, CRD.A. 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 | BHBIGLARI HLDGS INC | 44,221 | $4M | 23.2% | TRIM −34% |
| 2 | EGYVAALCO ENERGY INC | 2,471,000 | $2M | 14.6% | HOLD |
| 3 | SUPPORT COM INC | 1,301,874 | $2M | 13.8% | HOLD |
| 4 | LSAKLESAKA TECHNOLOGIES INC | 645,000 | $2M | 12.8% | ADD 105% |
| 5 | SYNACOR INC COM | 1,213,447 | $2M | 10.8% | TRIM −31% |
| 6 | OPIANT PHARMACEUTICALS INC | 137,000 | $1M | 6.1% | TRIM −27% |
| 7 | MAXEON SOLAR TECHNOLOGIES LT | 50,000 | $892,000 | 5.3% | NEW |
| 8 | BBX CAP CORP NEW | 40,000 | $536,000 | 3.2% | NEW |
| 9 | CRD.BCRAWFORD & CO | 38,900 | $251,000 | 1.5% | TRIM −35% |
| 10 | HOUSTON WIRE & CABLE CO COM | 100,000 | $250,000 | 1.5% | ADD 11% |
| 11 | BCICBCP INVESTMENT CORPORATION COM NEW | 179,100 | $238,000 | 1.4% | HOLD |
| 12 | CRD.ACRAWFORD & CO | 35,500 | $232,000 | 1.4% | TRIM −17% |
| 13 | TRANSGLOBE ENERGY CORP | 535,500 | $204,000 | 1.2% | TRIM −66% |
| 14 | ACNTASCENT INDUSTRIES CO | 36,556 | $202,000 | 1.2% | TRIM −19% |
| 15 | RMCFROCKY MTN CHOCOLATE FACTORY | 65,462 | $175,000 | 1.0% | TRIM −10% |
| 16 | UNIVERSAL STAINLESS & ALLOY | 31,523 | $173,000 | 1.0% | TRIM −22% |
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