CIK 1346543
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 |
|---|---|---|
| Equity Real Estate Investment Trusts (REITs) | 14.22% | 4 |
| Media & Publishing | 13.83% | 2 |
| Capital Markets | 13.13% | 3 |
| Commercial Services & Supplies | 9.82% | 2 |
| Entertainment | 8.46% | 1 |
| Utilities | 7.27% | 2 |
| Diversified Telecommunication Services | 6.96% | 1 |
| Health Care Providers & Services | 6.08% | 1 |
| Software | 5.45% | 2 |
| Media & Entertainment | 4.86% | 1 |
| Unclassified | 3.28% | 3 |
| Banks | 3.01% | 1 |
| Software & IT Services | 2.66% | 1 |
| Health Care Equipment & Supplies | 0.96% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | NWSA | NEWS CORP | Communication Services | 12.41% |
| 2 | FTAI | FTAI Aviation Ltd. | Industrials | 9.01% |
| 3 | HHH | Howard Hughes Holdings Inc. | Real Estate | 8.61% |
| 4 | TKO | TKO Group Holdings, Inc. | Communication Services | 8.46% |
| 5 | ECHO | EchoStar CORP | Communication Services | 6.96% |
| 6 | NDAQ | NASDAQ, INC. | Financials | 6.88% |
| 7 | SRTA | Strata Critical Medical, Inc. | Health Care | 6.08% |
| 8 | CTRI | Centuri Holdings, Inc. | Utilities | 5.81% |
| 9 | NFLX | NETFLIX INC | Communication Services | 4.86% |
| 10 | RITM | Rithm Capital Corp. | Real Estate | 4.75% |
22/25 names classified · sector 96.7% of weight · industry 96.7% · mkt cap 92.9%; 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: 96.7% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 76.0% of book weight (15/25 names) · unclassified 24.0%: ECHO, ARES, HUT, SMRT, DUOT, BEP, ET, NBIS, GECC, MITT. 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 | NWSANEWS CORP NEW | 1,398,704 | $35M | 12.4% | ADD 17% |
| 2 | FTAIFTAI AVIATION LTD | 103,293 | $25M | 9.0% | TRIM −9% |
| 3 | HHHHOWARD HUGHES HOLDINGS INC | 382,672 | $24M | 8.6% | ADD 14% |
| 4 | TKOTKO GROUP HOLDINGS INC | 117,952 | $24M | 8.5% | TRIM −8% |
| 5 | ECHOECHOSTAR CORP | 166,987 | $20M | 7.0% | TRIM −35% |
| 6 | NDAQNASDAQ INC | 227,795 | $19M | 6.9% | NEW |
| 7 | SRTASTRATA CRITICAL MEDICAL INC | 4,090,169 | $17M | 6.1% | ADD 43% |
| 8 | CTRICENTURI HOLDINGS INC | 559,400 | $16M | 5.8% | HOLD |
| 9 | NFLXNETFLIX INC | 141,979 | $14M | 4.9% | NEW |
| 10 | RITMRITHM CAPITAL CORP | 1,406,749 | $13M | 4.7% | TRIM −23% |
| 11 | ARESARES MANAGEMENT CORPORATION | 98,294 | $11M | 3.8% | TRIM −20% |
| 12 | HUTHUT 8 CORP | 180,269 | $8M | 3.0% | TRIM −70% |
| 13 | GEGGREAT ELM GROUP INC | 4,243,168 | $8M | 2.8% | HOLD |
| 14 | SMRTSMARTRENT INC | 4,985,800 | $7M | 2.7% | ADD 43% |
| 15 | DUOTDUOS TECHNOLOGIES GROUP INC | 1,077,626 | $7M | 2.6% | ADD 39% |
| 16 | APOAPOLLO GLOBAL MGMT INC | 61,339 | $7M | 2.4% | TRIM −54% |
| 17 | BEPBROOKFIELD RENEWABLE PARTNER | 159,439 | $5M | 1.9% | HOLD |
| 18 | ETENERGY TRANSFER L P | 212,512 | $4M | 1.5% | HOLD |
| 19 | NWSNEWS CORP NEW | 140,459 | $4M | 1.4% | HOLD |
| 20 | CDRECADRE HLDGS INC | 88,075 | $3M | 1.0% | NEW |
| 21 | EBAYEBAY INC. | 25,000 | $2M | 0.8% | NEW |
| 22 | NBISNEBIUS GROUP N.V. | 20,000 | $2M | 0.7% | NEW |
| 23 | AIVAPARTMENT INVT & MGMT CO | 479,342 | $2M | 0.7% | ADD 32% |
| 24 | GECCGREAT ELM CAP CORP | 383,971 | $2M | 0.7% | TRIM −52% |
| 25 | MITTTPG MTG INVTS TR INC | 63,951 | $467,482 | 0.2% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| NWSANEWS CORP NEW | 1.0M | 1.0M | 1.0M | 1.2M | 1.2M | 1.4M | $35M |
| FTAIFTAI AVIATION LTD | 140K | 90K | — | — | 114K | 103K | $25M |
| HHHHOWARD HUGHES HOLDINGS INC | 164K | — | 261K | 302K | 337K | 383K | $24M |
| TKOTKO GROUP HOLDINGS INC | 88K | 88K | 88K | 102K | 128K | 118K | $24M |
| ECHOECHOSTAR CORP | — | — | — | 145K | 258K | 167K | $20M |
| NDAQNASDAQ INC | — | — | — | — | — | 228K | $19M |
| SRTASTRATA CRITICAL MEDICAL INC | — | — | — | — | 2.9M | 4.1M | $17M |
| CTRICENTURI HOLDINGS INC | — | — | — | 321K | 558K | 559K | $16M |
| NFLXNETFLIX INC | — | — | — | — | — | 142K | $14M |
| RITMRITHM CAPITAL CORP | 2.2M | 2.1M | 1.3M | 1.7M | 1.8M | 1.4M | $13M |
| ARESARES MANAGEMENT CORPORATION | 104K | 88K | 84K | 84K | 123K | 98K | $11M |
| HUTHUT 8 CORP | 455K | 656K | 972K | 685K | 603K | 180K | $8M |
| GEGGREAT ELM GROUP INC | 4.2M | 4.2M | 4.2M | 4.2M | 4.2M | 4.2M | $8M |
| SMRTSMARTRENT INC | — | — | — | 2.7M | 3.5M | 5.0M | $7M |
| DUOTDUOS TECHNOLOGIES GROUP INC | — | — | — | 778K | 778K | 1.1M | $7M |
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.
