CIK 1421306
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 |
|---|---|---|
| Pharmaceuticals & Biotechnology | 34.35% | 1 |
| Unclassified | 22.61% | 2 |
| Diversified Telecommunication Services | 15.96% | 1 |
| Chemicals | 13.09% | 1 |
| Oil, Gas & Consumable Fuels | 10.54% | 1 |
| Banks | 3.24% | 1 |
| Hotels, Restaurants & Leisure | 0.20% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | LNTH | Lantheus Holdings, Inc. | Health Care | 34.35% |
| 2 | LUMN | Lumen Technologies, Inc. | Communication Services | 15.96% |
| 3 | ECVT | Ecovyst Inc. | Materials | 13.09% |
| 4 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 12.14% |
| 5 | EXE | EXPAND ENERGY Corp | Energy | 10.54% |
| 6 | NOMD | NOMAD FOODS LTD | Unclassified | 10.47% |
| 7 | FOA | Finance of America Companies Inc. | Financials | 3.24% |
| 8 | CNTY | CENTURY CASINOS INC /CO/ | Consumer Discretionary | 0.20% |
6/8 names classified · sector 77.4% of weight · industry 77.4% · mkt cap 77.4%; 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: 77.4% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 77.2% of book weight (5/8 names) · unclassified 22.8%: SPY, NOMD, CNTY. 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 | LNTHLANTHEUS HLDGS INC | 363,745 | $28M | 34.4% | ADD 185% |
| 2 | LUMNLUMEN TECHNOLOGIES INC | 1,850,000 | $13M | 16.0% | HOLD |
| 3 | ECVTECOVYST INC | 817,255 | $11M | 13.1% | HOLD |
| 4 | SPYSTATE STR SPDR S&P 500 ETF T | 15,000 | $10M | 12.1% | NEW |
| 5 | EXEEXPAND ENERGY CORPORATION | 77,120 | $8M | 10.5% | HOLD |
| 6 | NOMDNOMAD FOODS LTD | 875,000 | $8M | 10.5% | HOLD |
| 7 | FOAFINANCE OF AMERICA COMPAN | 157,000 | $3M | 3.2% | ADD 91% |
| 8 | CNTYCENTURY CASINOS INC | 117,549 | $163,393 | 0.2% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| LNTHLANTHEUS HLDGS INC | — | — | 143K | 316K | 128K | 364K | $28M |
| LUMNLUMEN TECHNOLOGIES INC | — | — | 2.9M | 2.9M | 1.9M | 1.9M | $13M |
| ECVTECOVYST INC | 519K | 667K | 817K | 817K | 817K | 817K | $11M |
| SPYSTATE STR SPDR S&P 500 ETF T | — | — | — | — | — | 15K | $10M |
| EXEEXPAND ENERGY CORPORATION | 78K | 78K | 78K | 78K | 77K | 77K | $8M |
| NOMDNOMAD FOODS LTD | — | — | — | — | 875K | 875K | $8M |
| FOAFINANCE OF AMERICA COMPAN | 57K | 57K | 57K | 57K | 82K | 157K | $3M |
| CNTYCENTURY CASINOS INC | — | — | — | — | — | 118K | $163,393 |
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.
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