CIK 1421594
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2015-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 | 35.29% | 11 |
| Banks | 23.79% | 4 |
| Oil, Gas & Consumable Fuels | 11.93% | 3 |
| Equity Real Estate Investment Trusts (REITs) | 10.80% | 2 |
| Construction Materials | 5.26% | 1 |
| Pharmaceuticals & Biotechnology | 4.52% | 1 |
| Machinery | 3.23% | 3 |
| Tobacco | 2.57% | 2 |
| Paper & Forest Products | 1.23% | 1 |
| Specialty Retail | 0.76% | 1 |
| Road & Rail | 0.62% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | BB&T CORP | Unclassified | 11.79% | |
| 2 | PNC | PNC FINANCIAL SERVICES GROUP, INC. | Financials | 9.71% |
| 3 | BAC | BANK OF AMERICA CORP /DE/ | Financials | 9.45% |
| 4 | CVX | CHEVRON CORP | Energy | 6.79% |
| 5 | TORCHMARK CORP | Unclassified | 6.76% | |
| 6 | ANADARKO PETE CORP | Unclassified | 6.61% | |
| 7 | ELME | Elme Communities | Real Estate | 5.93% |
| 8 | MDU | MDU RESOURCES GROUP INC | Materials | 5.26% |
| 9 | RYN | RAYONIER INC | Real Estate | 4.87% |
| 10 | MRK | Merck & Co., Inc. | Health Care | 4.52% |
20/30 names classified · sector 65.3% of weight · industry 64.7% · mkt cap 62.5%; 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: 65.3% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 55.6% of book weight (16/24 names) · unclassified 44.4%: , ELME, CVE, SPY, XMVFX, BRK.B, DNOW, GULTU. 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 | BB&T CORP | 150,857 | $5M | 11.8% | TRIM −12% |
| 2 | PNCPNC FINL SVCS GROUP INC | 49,583 | $4M | 9.7% | TRIM −13% |
| 3 | BACBANK AMERICA CORP | 276,421 | $4M | 9.5% | TRIM −13% |
| 4 | CVXCHEVRON CORP NEW | 39,248 | $3M | 6.8% | TRIM −10% |
| 5 | TORCHMARK CORP | 54,572 | $3M | 6.8% | HOLD |
| 6 | ANADARKO PETE CORP | 49,842 | $3M | 6.6% | TRIM −12% |
| 7 | ELMEWASHINGTON REAL ESTATE INVT | 108,378 | $3M | 5.9% | TRIM −11% |
| 8 | MDUMDU RES GROUP INC | 139,320 | $2M | 5.3% | TRIM −13% |
| 9 | RYNRAYONIER INC | 100,470 | $2M | 4.9% | TRIM −14% |
| 10 | MRKMERCK & CO INC | 41,707 | $2M | 4.5% | TRIM −14% |
| 11 | NATIONAL OILWELL VARCO INC | 44,979 | $2M | 3.7% | TRIM −16% |
| 12 | AXPAMERICAN EXPRESS CO | 21,015 | $2M | 3.4% | TRIM −13% |
| 13 | CVECENOVUS ENERGY INC | 83,946 | $1M | 2.8% | TRIM −13% |
| 14 | CATCATERPILLAR INC | 16,462 | $1M | 2.4% | TRIM −13% |
| 15 | NBRNABORS INDUSTRIES LTD | 113,002 | $1M | 2.3% | TRIM −13% |
| 16 | MIDDLEBURG FINANCIAL CORP | 43,281 | $762,000 | 1.7% | TRIM −3% |
| 17 | ENCANA CORP | 110,112 | $709,000 | 1.6% | TRIM −12% |
| 18 | PMPHILIP MORRIS INTL INC | 8,552 | $679,000 | 1.5% | HOLD |
| 19 | RYAMRAYONIER ADVANCED MATLS INC | 91,543 | $560,000 | 1.2% | ADD 35% |
| 20 | EGBNEAGLE BANCORP INC MD | 12,157 | $553,000 | 1.2% | HOLD |
| 21 | MOALTRIA GROUP INC | 9,061 | $493,000 | 1.1% | HOLD |
| 22 | STONEGATE BK FT LAUDERDALE F | 14,789 | $470,000 | 1.0% | HOLD |
| 23 | SPYSTATE STR SPDR S&P 500 ETF T | 1,882 | $361,000 | 0.8% | HOLD |
| 24 | XMVFXBLACKROCK MUNIVEST FD INC | 36,618 | $352,000 | 0.8% | HOLD |
| 25 | HDHOME DEPOT INC | 3,010 | $348,000 | 0.8% | HOLD |
| 26 | CSXCSX CORP | 10,500 | $283,000 | 0.6% | HOLD |
| 27 | BRK.BBERKSHIRE HATHAWAY INC DEL | 2,038 | $266,000 | 0.6% | TRIM −13% |
| 28 | ETNEATON CORP PLC | 4,500 | $231,000 | 0.5% | HOLD |
| 29 | DNOWDNOW INC | 11,035 | $163,000 | 0.4% | TRIM −15% |
| 30 | GULTUUTS GULF COAST ULTRA DEEP | 20,500 | $6,000 | 0.0% | HOLD |
Where this firm's principals came from and which firms its alumni went on to found.
