CIK 1426449
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 |
|---|---|---|
| Unclassified | 65.11% | 6 |
| Oil, Gas & Consumable Fuels | 27.22% | 1 |
| Construction & Engineering | 7.67% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | RACE | Ferrari N.V. | Consumer Discretionary | 36.39% |
| 2 | TTE | Totalenergies SE | Energy | 27.22% |
| 3 | STLA | Stellantis N.V. | Consumer Discretionary | 11.78% |
| 4 | FER | Ferrovial SE | Industrials | 7.67% |
| 5 | USSG | DBX ETF TR | Unclassified | 6.87% |
| 6 | SUSL | ISHARES TR | Unclassified | 4.56% |
| 7 | USCA | DBX ETF TR | Unclassified | 3.31% |
| 8 | EFIV | SPDR SERIES TRUST | Unclassified | 2.20% |
4/8 names classified · sector 83.1% of weight · industry 34.9% · mkt cap 0.0%; 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: 83.1% of the book is sector-classified (unclassified names shown, never dropped).
Only 0% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.0% of book weight (0/8 names) · unclassified 100.0%: RACE, TTE, STLA, FER, USSG, SUSL, USCA, EFIV. 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 | RACEFERRARI N V | 2,423,235 | $805M | 36.4% | HOLD |
| 2 | TTETotalEnergies SE | 6,475,319 | $602M | 27.2% | HOLD |
| 3 | STLASTELLANTIS N.V | 37,430,307 | $261M | 11.8% | ADD 4% |
| 4 | FERFERROVIAL SE | 2,663,198 | $170M | 7.7% | HOLD |
| 5 | USSGDBX ETF TR | 2,548,421 | $152M | 6.9% | HOLD |
| 6 | SUSLISHARES TR | 887,779 | $101M | 4.6% | HOLD |
| 7 | USCADBX ETF TR | 1,874,310 | $73M | 3.3% | HOLD |
| 8 | EFIVSPDR SERIES TRUST | 771,136 | $49M | 2.2% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| RACEFERRARI N V | 2.3M | 2.4M | 2.4M | 2.5M | 2.4M | 2.4M | $805M |
| TTETotalEnergies SE | — | — | — | — | 6.5M | 6.5M | $602M |
| STLASTELLANTIS N.V | 35.6M | 32.8M | 32.8M | 36.6M | 36.0M | 37.4M | $261M |
| FERFERROVIAL SE | — | — | — | 2.2M | 2.7M | 2.7M | $170M |
| USSGDBX ETF TR | 2.5M | 2.5M | 2.5M | 2.5M | 2.5M | 2.5M | $152M |
| SUSLISHARES TR | 1.7M | 1.7M | 1.7M | 888K | 888K | 888K | $101M |
| USCADBX ETF TR | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M | $73M |
| EFIVSPDR SERIES TRUST | 771K | 771K | 771K | 771K | 771K | 771K | $49M |
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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