CIK 1523557
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 |
|---|---|---|
| Oil, Gas & Consumable Fuels | 25.32% | 4 |
| Unclassified | 24.83% | 5 |
| Chemicals | 20.05% | 3 |
| Utilities | 13.98% | 2 |
| Aerospace & Defense | 8.24% | 1 |
| Commercial Services & Supplies | 5.87% | 1 |
| Metals & Mining | 1.70% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | Utilities | 12.70% |
| 2 | QEP RES INC | Unclassified | 11.41% | |
| 3 | PAGP | PLAINS GP HOLDINGS LP | Energy | 10.54% |
| 4 | TDG | TransDigm Group INC | Industrials | 8.24% |
| 5 | HAL | HALLIBURTON CO | Energy | 8.21% |
| 6 | AXTA | Axalta Coating Systems Ltd. | Materials | 7.34% |
| 7 | APD | Air Products & Chemicals, Inc. | Materials | 6.86% |
| 8 | EQUITY COMWLTH | Unclassified | 6.68% | |
| 9 | WCN | Waste Connections, Inc. | Industrials | 5.87% |
| 10 | ECL | ECOLAB INC. | Materials | 5.85% |
12/17 names classified · sector 75.2% of weight · industry 75.2% · mkt cap 75.2%; 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: 75.2% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 51.9% of book weight (10/13 names) · unclassified 48.1%: , EPD, PAGP. 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 | EPDENTERPRISE PRODS PARTNERS L | 885,035 | $24M | 12.7% | HOLD |
| 2 | QEP RES INC | 1,794,858 | $22M | 11.4% | HOLD |
| 3 | PAGPPLAINS GP HLDGS L P | 850,030 | $20M | 10.5% | HOLD |
| 4 | TDGTRANSDIGM GROUP INC | 46,028 | $16M | 8.2% | HOLD |
| 5 | HALHALLIBURTON CO | 351,351 | $16M | 8.2% | HOLD |
| 6 | AXTAAXALTA COATING SYS LTD | 467,073 | $14M | 7.3% | HOLD |
| 7 | APDAIR PRODS & CHEMS INC | 84,975 | $13M | 6.9% | HOLD |
| 8 | EQUITY COMWLTH | 409,189 | $13M | 6.7% | NEW |
| 9 | WCNWASTE CONNECTIONS INC | 150,348 | $11M | 5.9% | HOLD |
| 10 | ECLECOLAB INC | 80,382 | $11M | 5.8% | HOLD |
| 11 | EQTEQT CORP | 160,965 | $9M | 4.6% | HOLD |
| 12 | PRAXAIR INC | 45,799 | $7M | 3.8% | HOLD |
| 13 | SLBSCHLUMBERGER LTD | 56,573 | $4M | 2.0% | HOLD |
| 14 | NEMNEWMONT CORP | 86,935 | $3M | 1.7% | HOLD |
| 15 | NEWFIELD EXPL CO | 107,385 | $3M | 1.7% | HOLD |
| 16 | BARRICK GOLD CORP | 190,835 | $3M | 1.3% | HOLD |
| 17 | WMBWILLIAMS COS INC | 91,447 | $2M | 1.3% | HOLD |
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