CIK 1481957
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 |
|---|---|---|
| Specialty Retail | 29.61% | 4 |
| Utilities | 17.20% | 2 |
| Insurance | 12.96% | 2 |
| Unclassified | 8.38% | 1 |
| Aerospace & Defense | 7.85% | 1 |
| Oil, Gas & Consumable Fuels | 7.47% | 1 |
| Health Care Providers & Services | 5.19% | 1 |
| Software & IT Services | 4.39% | 1 |
| Chemicals | 4.02% | 1 |
| Life Sciences Tools & Services | 2.93% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | CPNG | Coupang, Inc. | Consumer Discretionary | 17.03% |
| 2 | HG | Hamilton Insurance Group, Ltd. | Financials | 9.31% |
| 3 | ET | Energy Transfer LP | Utilities | 8.87% |
| 4 | GLD | SPDR GOLD TR | Unclassified | 8.38% |
| 5 | WES | Western Midstream Partners, LP | Utilities | 8.33% |
| 6 | LMT | LOCKHEED MARTIN CORP | Industrials | 7.85% |
| 7 | MPLX | MPLX LP | Energy | 7.47% |
| 8 | LH | LABCORP HOLDINGS INC. | Health Care | 5.19% |
| 9 | SHW | SHERWIN WILLIAMS CO | Consumer Discretionary | 4.59% |
| 10 | GOOGL | Alphabet Inc. | Communication Services | 4.39% |
14/15 names classified · sector 91.6% of weight · industry 91.6% · mkt cap 91.6%; 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: 91.6% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 64.0% of book weight (10/15 names) · unclassified 36.0%: ET, GLD, WES, MPLX, AVTR. 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 | CPNGCOUPANG INC | 53,943 | $1M | 17.0% | ADD 4% |
| 2 | HGHAMILTON INSURANCE GROUP LTD | 18,655 | $556,487 | 9.3% | TRIM −17% |
| 3 | ETENERGY TRANSFER L P | 27,482 | $530,396 | 8.9% | ADD 24% |
| 4 | GLDSPDR GOLD TR | 1,164 | $500,942 | 8.4% | ADD 4% |
| 5 | WESWESTERN MIDSTREAM PARTNERS L | 12,098 | $498,056 | 8.3% | ADD 20% |
| 6 | LMTLOCKHEED MARTIN CORP | 777 | $469,347 | 7.9% | ADD 4% |
| 7 | MPLXMPLX LP | 7,829 | $446,816 | 7.5% | HOLD |
| 8 | LHLABCORP HOLDINGS INC | 1,162 | $310,047 | 5.2% | ADD 4% |
| 9 | SHWSHERWIN WILLIAMS CO | 856 | $274,428 | 4.6% | ADD 4% |
| 10 | GOOGLALPHABET INC | 913 | $262,488 | 4.4% | ADD 4% |
| 11 | DLTRDOLLAR TREE INC | 2,374 | $259,931 | 4.3% | ADD 4% |
| 12 | APDAIR PRODS & CHEMS INC | 828 | $240,462 | 4.0% | NEW |
| 13 | ORIOld Republic Nat'l. Corp. | 5,480 | $218,660 | 3.7% | ADD 4% |
| 14 | ULTAULTA BEAUTY INC | 416 | $217,347 | 3.6% | ADD 4% |
| 15 | AVTRAVANTOR INC | 22,317 | $174,965 | 2.9% | TRIM −6% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| CPNGCOUPANG INC | 55K | 56K | 56K | 56K | 52K | 54K | $1M |
| HGHAMILTON INSURANCE GROUP LTD | 24K | 24K | 24K | 24K | 22K | 19K | $556,487 |
| ETENERGY TRANSFER L P | 22K | 22K | 22K | 22K | 22K | 27K | $530,396 |
| GLDSPDR GOLD TR | 1K | 1K | 1K | 1K | 1K | 1K | $500,942 |
| WESWESTERN MIDSTREAM PARTNERS L | 10K | 10K | 10K | 10K | 10K | 12K | $498,056 |
| LMTLOCKHEED MARTIN CORP | 831 | 845 | 808 | 808 | 749 | 777 | $469,347 |
| MPLXMPLX LP | 8K | 8K | 8K | 8K | 8K | 8K | $446,816 |
| LHLABCORP HOLDINGS INC | 1K | 1K | 1K | 1K | 1K | 1K | $310,047 |
| SHWSHERWIN WILLIAMS CO | 984 | 1K | 1K | 891 | 826 | 856 | $274,428 |
| GOOGLALPHABET INC | — | — | — | 950 | 881 | 913 | $262,488 |
| DLTRDOLLAR TREE INC | — | — | 2K | 2K | 2K | 2K | $259,931 |
| APDAIR PRODS & CHEMS INC | — | — | — | — | — | 828 | $240,462 |
| ORIOld Republic Nat'l. Corp. | 6K | 6K | 6K | 6K | 5K | 5K | $218,660 |
| ULTAULTA BEAUTY INC | — | — | 433 | 433 | 401 | 416 | $217,347 |
| AVTRAVANTOR INC | 25K | 29K | 25K | 25K | 24K | 22K | $174,965 |
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.
Where this firm's principals came from and which firms its alumni went on to found.
