CIK 1453039
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2018-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 | 45.84% | 10 |
| Software & IT Services | 16.64% | 2 |
| Transportation Infrastructure | 11.90% | 1 |
| Insurance | 8.48% | 1 |
| Capital Markets | 6.64% | 1 |
| Household Durables | 5.82% | 1 |
| Software | 4.68% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | BRK.B | BERKSHIRE HATHAWAY INC | Financials | 13.95% |
| 2 | BKNG | Booking Holdings Inc. | Industrials | 11.90% |
| 3 | META | Meta Platforms, Inc. | Communication Services | 9.96% |
| 4 | AER | AERCAP HOLDINGS NV | Unclassified | 9.46% |
| 5 | BRO | BROWN & BROWN, INC. | Financials | 8.48% |
| 6 | GOOG | Alphabet Inc. | Communication Services | 6.68% |
| 7 | IBKR | Interactive Brokers Group, Inc. | Financials | 6.64% |
| 8 | SONY | Sony Group Corp | Consumer Discretionary | 5.82% |
| 9 | EA | ELECTRONIC ARTS INC. | Information Technology | 4.68% |
| 10 | PICO HLDGS INC | Unclassified | 4.45% |
8/17 names classified · sector 68.1% of weight · industry 54.2% · mkt cap 62.3%; 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: 68.1% of the book is sector-classified (unclassified names shown, never dropped).
Only 48% of book weight classified — the grid is NOT representative of the whole book.
Classified: 48.3% of book weight (6/14 names) · unclassified 51.7%: BRK.B, AER, , SONY, STEW, XCAFX, CET, ADX. 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 | BRK.BBERKSHIRE HATHAWAY INC DEL | 28,500 | $6M | 13.9% | TRIM −19% |
| 2 | BKNGBOOKING HOLDINGS INC | 2,625 | $5M | 11.9% | ADD 133% |
| 3 | METAMETA PLATFORMS INC | 26,500 | $4M | 10.0% | ADD 26% |
| 4 | AERAERCAP HOLDINGS NV | 72,000 | $4M | 9.5% | TRIM −6% |
| 5 | BROBROWN & BROWN INC | 125,500 | $4M | 8.5% | TRIM −26% |
| 6 | GOOGALPHABET INC | 2,450 | $3M | 6.7% | TRIM −13% |
| 7 | IBKRINTERACTIVE BROKERS GROUP IN | 52,500 | $3M | 6.6% | ADD 139% |
| 8 | SONYSONY GROUP CORP | 42,000 | $3M | 5.8% | TRIM −50% |
| 9 | EAELECTRONIC ARTS INC | 17,000 | $2M | 4.7% | NEW |
| 10 | PICO HLDGS INC | 155,000 | $2M | 4.4% | ADD 23% |
| 11 | STEWSRH TOTAL RETURN FUND INC | 158,000 | $2M | 4.0% | TRIM −23% |
| 12 | XCAFXMORGAN STANLEY CHINA A SH FD | 77,500 | $2M | 3.8% | ADD 198% |
| 13 | CETCENTRAL SECS CORP | 43,000 | $1M | 2.9% | HOLD |
| 14 | ALLEGHANY CORP DEL | 1,800 | $1M | 2.7% | TRIM −67% |
| 15 | ADXADAMS DIVERSIFIED EQUITY FD | 70,000 | $1M | 2.7% | TRIM −7% |
| 16 | AMERICAN INTL GROUP INC | 42,500 | $621,000 | 1.4% | HOLD |
| 17 | COLLECTORS UNIVERSE INC | 13,500 | $200,000 | 0.5% | ADD 13% |
Where this firm's principals came from and which firms its alumni went on to found.
