CIK 1491617
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2016-Q3. 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 |
|---|---|---|
| Marine | 62.76% | 2 |
| Unclassified | 30.88% | 7 |
| Tobacco | 2.77% | 1 |
| Communications Equipment | 2.68% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 0.92% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | INSW | International Seaways, Inc. | Industrials | 54.97% |
| 2 | OVERSEAS SHIPHOLDING GROUP I | Unclassified | 10.80% | |
| 3 | GLNG | GOLAR LNG LTD | Industrials | 7.78% |
| 4 | CENTRAL EUROPEAN MEDIA ENTRP | Unclassified | 6.54% | |
| 5 | LIBERTY MEDIA CORP DEL | Unclassified | 4.38% | |
| 6 | TPB | Turning Point Brands, Inc. | Consumer Staples | 2.77% |
| 7 | VISN | Vistance Networks, Inc. | Information Technology | 2.68% |
| 8 | HORNBECK OFFSHORE SVCS INC N | Unclassified | 2.41% | |
| 9 | GRAMERCY PPTY TR COM | Unclassified | 2.36% | |
| 10 | LIBERTY GLOBAL PLC | Unclassified | 2.31% |
5/12 names classified · sector 69.1% of weight · industry 69.1% · mkt cap 69.1%; 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: 69.1% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 61.3% of book weight (4/6 names) · unclassified 38.7%: , GLNG. 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 | INSWINTERNATIONAL SEAWAYS INC | 1,903,985 | $27M | 55.0% | NEW |
| 2 | OVERSEAS SHIPHOLDING GROUP I | 1,371,083 | $5M | 10.8% | HOLD |
| 3 | GLNGGOLAR LNG LTD BERMUDA | 165,000 | $4M | 7.8% | TRIM −81% |
| 4 | CENTRAL EUROPEAN MEDIA ENTRP | 1,247,960 | $3M | 6.5% | TRIM −42% |
| 5 | LIBERTY MEDIA CORP DEL | 103,896 | $2M | 4.4% | TRIM −63% |
| 6 | TPBTURNING PT BRANDS INC | 110,000 | $1M | 2.8% | TRIM −76% |
| 7 | VISNCOMMSCOPE HLDG CO INC | 35,000 | $1M | 2.7% | NEW |
| 8 | HORNBECK OFFSHORE SVCS INC N | 162,000 | $1M | 2.4% | TRIM −60% |
| 9 | GRAMERCY PPTY TR COM | 125,000 | $1M | 2.4% | TRIM −69% |
| 10 | LIBERTY GLOBAL PLC | 53,000 | $1M | 2.3% | TRIM −70% |
| 11 | COLONY CAP INC | 50,000 | $1M | 2.1% | TRIM −64% |
| 12 | IRTINDEPENDENCE RLTY TR INC | 50,000 | $446,000 | 0.9% | TRIM −81% |
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