CIK 1426749
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 |
|---|---|---|
| Capital Markets | 18.80% | 1 |
| Software & IT Services | 14.24% | 1 |
| Diversified Telecommunication Services | 13.92% | 1 |
| Commercial Services & Supplies | 12.07% | 2 |
| Banks | 11.19% | 1 |
| Unclassified | 8.43% | 2 |
| Software | 6.69% | 2 |
| Oil, Gas & Consumable Fuels | 4.76% | 1 |
| Construction Materials | 3.47% | 1 |
| Airlines | 3.04% | 2 |
| Specialty Retail | 2.45% | 1 |
| Media & Entertainment | 0.93% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | IBKR | Interactive Brokers Group, Inc. | Financials | 18.80% |
| 2 | UPWK | UPWORK, INC | Information Technology | 14.24% |
| 3 | ECHO | EchoStar CORP | Communication Services | 13.92% |
| 4 | MELI | MERCADOLIBRE INC | Industrials | 12.04% |
| 5 | ALLY | Ally Financial Inc. | Financials | 11.19% |
| 6 | STLA | Stellantis N.V. | Consumer Discretionary | 4.95% |
| 7 | TBN | Tamboran Resources Corp | Energy | 4.76% |
| 8 | GTLB | Gitlab Inc. | Information Technology | 3.54% |
| 9 | TBBB | BBB FOODS INC | Unclassified | 3.48% |
| 10 | LOMA | Loma Negra Compania Industrial Argentina Sociedad Anonima | Materials | 3.47% |
15/16 names classified · sector 96.5% of weight · industry 91.6% · mkt cap 87.4%; 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: 96.5% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 62.1% of book weight (7/16 names) · unclassified 37.9%: ECHO, STLA, TBN, GTLB, TBBB, LOMA, SPT, VLRS, DLO. 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 | IBKRINTERACTIVE BROKERS GROUP IN | 1,285,193 | $86M | 18.8% | TRIM −22% |
| 2 | UPWKUPWORK INC | 5,959,909 | $65M | 14.2% | ADD 28% |
| 3 | ECHOECHOSTAR CORP | 545,189 | $64M | 13.9% | TRIM −4% |
| 4 | MELIMERCADOLIBRE INC | 31,935 | $55M | 12.0% | NEW |
| 5 | ALLYALLY FINL INC | 1,308,399 | $51M | 11.2% | HOLD |
| 6 | STLASTELLANTIS N.V | 3,199,412 | $23M | 4.9% | TRIM −9% |
| 7 | TBNTAMBORAN RES CORP | 437,142 | $22M | 4.8% | HOLD |
| 8 | GTLBGITLAB INC | 750,000 | $16M | 3.5% | NEW |
| 9 | TBBBBBB FOODS INC | 451,497 | $16M | 3.5% | ADD 15% |
| 10 | LOMALOMA NEGRA C I A S A MTN 14 | 1,435,809 | $16M | 3.5% | HOLD |
| 11 | SPTSPROUT SOCIAL INC | 2,537,074 | $14M | 3.2% | NEW |
| 12 | CPNGCOUPANG INC | 594,799 | $11M | 2.4% | NEW |
| 13 | ULCCFRONTIER GROUP HLDGS INC | 3,122,704 | $11M | 2.4% | TRIM −13% |
| 14 | THRYTHRYV HLDGS INC | 1,560,908 | $4M | 0.9% | HOLD |
| 15 | VLRSCONTROLADORA VUELA COMP DE A | 406,139 | $3M | 0.6% | TRIM −77% |
| 16 | DLODLOCAL LTD | 10,068 | $130,582 | 0.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| IBKRINTERACTIVE BROKERS GROUP IN | 446K | 411K | 1.6M | 1.6M | 1.6M | 1.3M | $86M |
| UPWKUPWORK INC | 4.9M | 3.8M | 3.8M | 4.3M | 4.6M | 6.0M | $65M |
| ECHOECHOSTAR CORP | — | — | 666K | 666K | 566K | 545K | $64M |
| MELIMERCADOLIBRE INC | — | — | — | — | — | 32K | $55M |
| ALLYALLY FINL INC | 2.1M | 1.0M | 1.3M | 1.3M | 1.3M | 1.3M | $51M |
| STLASTELLANTIS N.V | 3.3M | 3.3M | 3.4M | 3.4M | 3.5M | 3.2M | $23M |
| TBNTAMBORAN RES CORP | 437K | 437K | 437K | 437K | 437K | 437K | $22M |
| GTLBGITLAB INC | — | — | — | — | — | 750K | $16M |
| TBBBBBB FOODS INC | — | — | — | 138K | 392K | 451K | $16M |
| LOMALOMA NEGRA C I A S A MTN 14 | 1.5M | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | $16M |
| SPTSPROUT SOCIAL INC | — | — | — | — | — | 2.5M | $14M |
| CPNGCOUPANG INC | — | — | — | — | — | 595K | $11M |
| ULCCFRONTIER GROUP HLDGS INC | 5.4M | 4.5M | 4.7M | 4.3M | 3.6M | 3.1M | $11M |
| THRYTHRYV HLDGS INC | — | — | 230K | 1.3M | 1.6M | 1.6M | $4M |
| VLRSCONTROLADORA VUELA COMP DE A | 1.5M | 1.8M | 2.0M | 2.0M | 1.8M | 406K | $3M |
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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