CIK 1362948
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-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 |
|---|---|---|
| Banks | 54.94% | 6 |
| Unclassified | 40.80% | 2 |
| Media & Publishing | 4.26% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | BITFARMS LTD | Unclassified | 34.42% | |
| 2 | CORZ | Core Scientific, Inc./tx | Financials | 15.31% |
| 3 | CIFR | Cipher Digital Inc. | Financials | 11.40% |
| 4 | WULF | TERAWULF INC. | Financials | 9.31% |
| 5 | RIOT | Riot Platforms, Inc. | Financials | 8.21% |
| 6 | WLAC | WILLOW LANE ACQUISITION CORP | Unclassified | 6.38% |
| 7 | CLSK | CLEANSPARK, INC. | Financials | 5.45% |
| 8 | BTDR | Bitdeer Technologies Group | Financials | 5.26% |
| 9 | TDAY | USA TODAY Co., Inc. | Communication Services | 4.26% |
7/9 names classified · sector 59.2% of weight · industry 59.2% · mkt cap 53.9%; 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: 59.2% of the book is sector-classified (unclassified names shown, never dropped).
Only 4% of book weight classified — the grid is NOT representative of the whole book.
Classified: 4.3% of book weight (1/9 names) · unclassified 95.7%: , CORZ, CIFR, WULF, RIOT, WLAC, CLSK, BTDR. 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 | BITFARMS LTD | 6,737,261 | $19M | 34.4% | NEW |
| 2 | CORZCORE SCIENTIFIC INC NEW | 470,965 | $8M | 15.3% | ADD 7% |
| 3 | CIFRCIPHER MINING INC | 500,000 | $6M | 11.4% | NEW |
| 4 | WULFTERAWULF INC | 450,000 | $5M | 9.3% | NEW |
| 5 | RIOTRIOT PLATFORMS INC | 238,220 | $5M | 8.2% | NEW |
| 6 | WLACWILLOW LANE ACQUISITION CORP | 304,000 | $4M | 6.4% | NEW |
| 7 | CLSKCLEANSPARK INC | 207,390 | $3M | 5.4% | NEW |
| 8 | BTDRBITDEER TECHNOLOGIES GROUP | 169,825 | $3M | 5.3% | TRIM −26% |
| 9 | TDAYUSA TODAY CO INC | 569,997 | $2M | 4.3% | TRIM −51% |
Where this firm's principals came from and which firms its alumni went on to found.
