CIK 1405555
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2022-Q1. 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 |
|---|---|---|
| Hotels, Restaurants & Leisure | 77.76% | 2 |
| Specialty Retail | 13.24% | 2 |
| Road & Rail | 7.45% | 1 |
| Unclassified | 1.55% | 2 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | MCRI | MONARCH CASINO & RESORT INC | Consumer Discretionary | 43.94% |
| 2 | CZR | Caesars Entertainment, Inc. | Consumer Discretionary | 33.82% |
| 3 | ULH | UNIVERSAL LOGISTICS HOLDINGS, INC. | Industrials | 7.45% |
| 4 | EZPW | EZCORP INC | Consumer Discretionary | 6.85% |
| 5 | FCFS | FirstCash Holdings, Inc. | Consumer Discretionary | 6.39% |
| 6 | CHAMPIONX CORPORATION COM | Unclassified | 1.40% | |
| 7 | AUDACY INC | Unclassified | 0.15% |
5/7 names classified · sector 98.4% of weight · industry 98.4% · mkt cap 98.4%; 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: 98.4% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 64.6% of book weight (4/6 names) · unclassified 35.4%: CZR, . 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 | MCRIMONARCH CASINO & RESORT INC | 370,917 | $22M | 43.9% | ADD 3% |
| 2 | CZRCAESARS ENTERTAINMENT INC NE | 437,281 | $17M | 33.8% | TRIM −20% |
| 3 | ULHUNIVERSAL LOGISTICS HLDGS IN | 135,133 | $4M | 7.5% | ADD 39% |
| 4 | EZPWEZCORP INC | 451,874 | $3M | 6.9% | TRIM −10% |
| 5 | FCFSFIRSTCASH HOLDINGS INC | 45,500 | $3M | 6.4% | NEW |
| 6 | CHAMPIONX CORPORATION COM | 35,000 | $695,000 | 1.4% | TRIM −72% |
| 7 | AUDACY INC | 80,000 | $75,000 | 0.2% | NEW |
Where this firm's principals came from and which firms its alumni went on to found.
