CIK 1442757
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2014-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 |
|---|---|---|
| Unclassified | 51.58% | 33 |
| Pharmaceuticals & Biotechnology | 39.64% | 1 |
| Utilities | 5.84% | 3 |
| Oil, Gas & Consumable Fuels | 2.10% | 2 |
| Metals & Mining | 0.85% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | HRTX | HERON THERAPEUTICS, INC. /DE/ | Health Care | 39.64% |
| 2 | ATLAS PIPELINE PARTNERS LP | Unclassified | 4.23% | |
| 3 | USAC | USA Compression Partners, LP | Utilities | 4.16% |
| 4 | Crestwood Mid Lp New | Unclassified | 3.48% | |
| 5 | ENLINK MIDSTREAM PARTNERS LP | Unclassified | 3.47% | |
| 6 | INGA.AS | ING GROEP N.V. | Financials | 2.95% |
| 7 | ACCESS MIDSTREAM PARTNERS L | Unclassified | 2.79% | |
| 8 | SUMMIT MIDSTREAM PARTNERS LP | Unclassified | 2.54% | |
| 9 | DCP MIDSTREAM LP | Unclassified | 2.25% | |
| 10 | GLD | SPDR GOLD TR | Unclassified | 2.25% |
8/40 names classified · sector 51.4% of weight · industry 48.4% · mkt cap 51.4%; 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: 51.4% of the book is sector-classified (unclassified names shown, never dropped).
Only 6% of book weight classified — the grid is NOT representative of the whole book.
Classified: 5.8% of book weight (4/12 names) · unclassified 94.2%: , HRTX, USAC, GLD, SJT, NGL, NG, HGTXU. 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 | HRTXHERON THERAPEUTICS INC | 1,833,614 | $23M | 39.6% | HOLD |
| 2 | ATLAS PIPELINE PARTNERS LP | 70,000 | $2M | 4.2% | ADD 15% |
| 3 | USACUSA COMPRESSION PARTNERS LP | 92,376 | $2M | 4.2% | ADD 37% |
| 4 | Crestwood Mid Lp New | 90,000 | $2M | 3.5% | TRIM −6% |
| 5 | ENLINK MIDSTREAM PARTNERS LP | 63,000 | $2M | 3.5% | ADD 14% |
| 6 | INGA.ASING Groep N.V. ADS | 37,500 | $2M | 3.0% | ADD 34% |
| 7 | ACCESS MIDSTREAM PARTNERS L | 25,000 | $2M | 2.8% | ADD 25% |
| 8 | SUMMIT MIDSTREAM PARTNERS LP | 28,500 | $1M | 2.5% | ADD 16% |
| 9 | DCP MIDSTREAM LP | 22,500 | $1M | 2.3% | ADD 13% |
| 10 | GLDSPDR GOLD TR | 10,000 | $1M | 2.2% | NEW |
| 11 | SJTSAN JUAN BASIN RTY TR | 63,042 | $1M | 2.1% | HOLD |
| 12 | ENABLE MIDSTREAM PARTNERS LP | 40,000 | $1M | 1.8% | NEW |
| 13 | Markwest Energy Ptnr LP | 14,000 | $1M | 1.8% | ADD 56% |
| 14 | MIDCOAST ENERGY PARTNERSHIP LP | 43,600 | $959,000 | 1.7% | ADD 4% |
| 15 | CONSOL ENERGY INC | 20,000 | $921,000 | 1.6% | TRIM −9% |
| 16 | ENCANA CORP | 30,000 | $711,000 | 1.2% | HOLD |
| 17 | Regency Energy Partners L P Co | 22,000 | $709,000 | 1.2% | NEW |
| 18 | CARRIZO OIL & GAS INC | 10,000 | $693,000 | 1.2% | NEW |
| 19 | ENERGY TRANSFER PRTNRS L P | 11,500 | $667,000 | 1.2% | NEW |
| 20 | ANADARKO PETE CORP | 6,000 | $657,000 | 1.2% | NEW |
| 21 | DVNDEVON ENERGY CORP NEW | 8,000 | $635,000 | 1.1% | TRIM −20% |
| 22 | MARKET VECTORS ETF TR JR GOLD MINERS E | 15,000 | $634,000 | 1.1% | NEW |
| 23 | PDC ENERGY INC | 10,000 | $632,000 | 1.1% | HOLD |
| 24 | BONANZA CREEK ENERGY INC | 11,000 | $629,000 | 1.1% | HOLD |
| 25 | SUNCOKE ENERGY PARTNERS LP | 20,200 | $610,000 | 1.1% | NEW |
| 26 | WHITING PETROLEUM | 7,500 | $602,000 | 1.1% | NEW |
| 27 | ATHLON ENERGY INC | 12,000 | $572,000 | 1.0% | TRIM −20% |
| 28 | ROSE ROCK MIDSTREAM L P COM U REP LTD | 10,366 | $566,000 | 1.0% | HOLD |
| 29 | CHRDCHORD ENERGY CORPORATION | 10,000 | $559,000 | 1.0% | NEW |
| 30 | ENDURO RTY TR | 40,082 | $554,000 | 1.0% | ADD 91% |
| 31 | Rosetta Resources Inc | 10,000 | $549,000 | 1.0% | NEW |
| 32 | USA TECHNOLOGIES INC | 254,000 | $536,000 | 0.9% | ADD 16% |
| 33 | NGLNGL ENERGY PARTNERS LP | 12,000 | $520,000 | 0.9% | ADD 20% |
| 34 | NGNOVAGOLD RES INC | 115,000 | $484,000 | 0.8% | HOLD |
| 35 | WMBWILLIAMS COS INC | 7,500 | $437,000 | 0.8% | NEW |
| 36 | BOLT TECHNOLOGY CORP | 23,000 | $422,000 | 0.7% | NEW |
| 37 | MARLIN MIDSTREAM PARTNERS LP | 20,000 | $407,000 | 0.7% | ADD 29% |
| 38 | NUSTAR ENERGY LP | 6,000 | $235,000 | 0.4% | TRIM −40% |
| 39 | HGTXUHugoton Royalty Trust | 17,000 | $187,000 | 0.3% | NEW |
| 40 | MIDWAY GOLD CORP COM | 20,900 | $19,000 | 0.0% | HOLD |
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