CIK 1501577
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2019-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 |
|---|---|---|
| Insurance | 68.37% | 2 |
| Unclassified | 14.05% | 3 |
| Specialty Retail | 9.54% | 1 |
| Utilities | 8.04% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | GBLI | Global Indemnity Group, LLC | Financials | 56.14% |
| 2 | AIG | AMERICAN INTERNATIONAL GROUP, INC. | Financials | 12.24% |
| 3 | AMERICAN INTL GROUP INC | Unclassified | 9.87% | |
| 4 | AAP | ADVANCE AUTO PARTS INC | Consumer Discretionary | 9.54% |
| 5 | KMI | KINDER MORGAN, INC. | Utilities | 8.04% |
| 6 | ALTUS MIDSTREAM CO | Unclassified | 2.48% | |
| 7 | CONTURA ENERGY INC | Unclassified | 1.70% |
4/7 names classified · sector 86.0% of weight · industry 86.0% · mkt cap 86.0%; 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: 86.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 86.0% of book weight (4/5 names) · unclassified 14.0%: . 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 | GBLIGLOBAL INDEMNITY GROUP LLC | 997,188 | $30M | 56.1% | HOLD |
| 2 | AIGAMERICAN INTL GROUP INC | 125,482 | $6M | 12.2% | HOLD |
| 3 | AMERICAN INTL GROUP INC | 505,379 | $5M | 9.9% | HOLD |
| 4 | AAPADVANCE AUTO PARTS INC | 31,356 | $5M | 9.5% | HOLD |
| 5 | KMIKINDER MORGAN INC DEL | 199,806 | $4M | 8.0% | HOLD |
| 6 | ALTUS MIDSTREAM CO | 455,648 | $1M | 2.5% | HOLD |
| 7 | CONTURA ENERGY INC | 99,060 | $896,000 | 1.7% | HOLD |
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