CIK 1333602
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2019-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 | 82.28% | 3 |
| Real Estate Management & Development | 17.72% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | COLONY CAP INC NEW | Unclassified | 44.99% | |
| 2 | GRANITE REAL ESTATE INVT TR | Unclassified | 20.59% | |
| 3 | VAC | MARRIOTT VACATIONS WORLDWIDE Corp | Real Estate | 17.72% |
| 4 | COLONY CR REAL ESTATE INC | Unclassified | 16.70% |
1/4 names classified · sector 17.7% of weight · industry 17.7% · mkt cap 17.7%; 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: 17.7% of the book is sector-classified (unclassified names shown, never dropped).
Only 18% of book weight classified — the grid is NOT representative of the whole book.
Classified: 17.7% of book weight (1/2 names) · unclassified 82.3%: . 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 | COLONY CAP INC NEW | 174,600 | $1M | 45.0% | ADD 25% |
| 2 | GRANITE REAL ESTATE INVT TR | 7,500 | $481,000 | 20.6% | TRIM −50% |
| 3 | VACMARRIOTT VACATIONS WORLDWIDE | 4,000 | $414,000 | 17.7% | TRIM −65% |
| 4 | COLONY CR REAL ESTATE INC | 27,000 | $390,000 | 16.7% | ADD 125% |
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