CIK 1389080
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2014-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 | 56.11% | 15 |
| Metals & Mining | 22.83% | 4 |
| Construction Materials | 11.79% | 1 |
| Banks | 7.87% | 7 |
| Oil, Gas & Consumable Fuels | 1.15% | 1 |
| Marine | 0.25% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | CHINA MING YANG WIND PWR GRO | Unclassified | 23.35% | |
| 2 | HBM | Hudbay Minerals Inc. | Materials | 19.72% |
| 3 | TECK | TECK RESOURCES LTD | Materials | 11.79% |
| 4 | IRELAND BK SPONSORED ADR | Unclassified | 10.08% | |
| 5 | STILLWATER MNG CO | Unclassified | 4.69% | |
| 6 | XME | SPDR SERIES TRUST | Unclassified | 4.59% |
| 7 | DSX | DIANA SHIPPING INC | Unclassified | 4.57% |
| 8 | ING | ING Groep NV | Financials | 3.69% |
| 9 | Navios Maritime Partners | Unclassified | 2.23% | |
| 10 | SAN | Banco Santander, S.A. | Financials | 2.08% |
14/29 names classified · sector 43.9% of weight · industry 43.9% · mkt cap 33.8%; 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: 43.9% 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: 2.3% of book weight (6/19 names) · unclassified 97.7%: , HBM, TECK, XME, DSX, ING, SAN, BHP, CCJ, PBR +3 more. 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 | CHINA MING YANG WIND PWR GRO | 6,153,907 | $19M | 23.4% | HOLD |
| 2 | HBMHUDBAY MINERALS INC | 1,850,000 | $16M | 19.7% | HOLD |
| 3 | TECKTECK RESOURCES LTD | 500,000 | $9M | 11.8% | ADD 4% |
| 4 | IRELAND BK SPONSORED ADR | 510,000 | $8M | 10.1% | ADD 66% |
| 5 | STILLWATER MNG CO | 250,000 | $4M | 4.7% | TRIM −31% |
| 6 | XMESPDR SERIES TRUST | 100,000 | $4M | 4.6% | TRIM −7% |
| 7 | DSXDIANA SHIPPING INC | 410,000 | $4M | 4.6% | ADD 9% |
| 8 | INGING GROEP N.V. | 207,000 | $3M | 3.7% | NEW |
| 9 | Navios Maritime Partners | 100,000 | $2M | 2.2% | HOLD |
| 10 | SANBANCO SANTANDER S.A. | 175,000 | $2M | 2.1% | ADD 536% |
| 11 | UBS GROUP AG F | 85,000 | $1M | 1.8% | NEW |
| 12 | BHPBHP BILLITON LIMITED | 23,000 | $1M | 1.7% | ADD 667% |
| 13 | DRYSHIPS INC | 530,000 | $1M | 1.6% | ADD 41% |
| 14 | CCJCAMECO CORP | 57,000 | $1M | 1.3% | ADD 36% |
| 15 | PBRPETROLEO BRASILEIRO S A | 65,000 | $922,000 | 1.2% | HOLD |
| 16 | DIANA CONTAINERSHIPS INC | 270,000 | $608,000 | 0.8% | ADD 20% |
| 17 | GLOBAL X FTSE GREECE 20 ETF | 26,000 | $483,000 | 0.6% | HOLD |
| 18 | JPMJPMORGAN CHASE & CO | 8,000 | $482,000 | 0.6% | ADD 100% |
| 19 | VWOVANGUARD INTL EQUITY INDEX F | 9,444 | $394,000 | 0.5% | TRIM −25% |
| 20 | MTBM & T BK CORP | 3,000 | $370,000 | 0.5% | NEW |
| 21 | RFREGIONS FINANCIAL CORP NEW | 35,000 | $351,000 | 0.4% | NEW |
| 22 | BB&T CORP | 9,000 | $335,000 | 0.4% | NEW |
| 23 | CCITIGROUP INC | 6,000 | $311,000 | 0.4% | ADD 50% |
| 24 | EWZISHARES INC MSCI BRAZIL ETF | 6,000 | $261,000 | 0.3% | ADD 50% |
| 25 | TRINA SOLAR LIMITED | 21,000 | $253,000 | 0.3% | HOLD |
| 26 | SBSAFE BULKERS INC | 30,000 | $200,000 | 0.2% | NEW |
| 27 | BACBANK AMERICA CORP | 10,000 | $171,000 | 0.2% | NEW |
| 28 | APACHE CORP | 1,800 | $169,000 | 0.2% | HOLD |
| 29 | FCXFREEPORT MCMORAN INC | 4,000 | $131,000 | 0.2% | HOLD |
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