CIK 1536006
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 |
|---|---|---|
| Commercial Services & Supplies | 17.39% | 3 |
| Metals & Mining | 16.73% | 2 |
| Unclassified | 15.91% | 7 |
| Capital Markets | 7.88% | 1 |
| Coal & Consumable Fuels | 7.07% | 3 |
| Oil, Gas & Consumable Fuels | 6.54% | 2 |
| Utilities | 6.24% | 2 |
| Specialty Retail | 4.98% | 2 |
| Software | 4.55% | 1 |
| Construction Materials | 3.56% | 1 |
| Chemicals | 2.98% | 1 |
| Leisure Products | 2.87% | 1 |
| Technology Hardware & Equipment | 1.55% | 1 |
| Distributors | 1.51% | 1 |
| Pharmaceuticals & Biotechnology | 0.26% | 4 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | CCJ | CAMECO CORP | Materials | 13.63% |
| 2 | IBKR | Interactive Brokers Group, Inc. | Financials | 7.88% |
| 3 | APG | APi Group Corp | Industrials | 7.67% |
| 4 | TIC | TIC Solutions, Inc. | Industrials | 5.39% |
| 5 | IVV | ISHARES TR | Unclassified | 4.86% |
| 6 | ARLP | ALLIANCE RESOURCE PARTNERS LP | Energy | 4.78% |
| 7 | SSNC | SS&C Technologies Holdings Inc | Information Technology | 4.55% |
| 8 | GFL | GFL Environmental Inc. | Industrials | 4.32% |
| 9 | MLM | MARTIN MARIETTA MATERIALS INC | Materials | 3.56% |
| 10 | EQT | EQT Corp | Energy | 3.44% |
26/32 names classified · sector 85.5% of weight · industry 84.1% · mkt cap 68.6%; 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: 85.5% of the book is sector-classified (unclassified names shown, never dropped).
Only 29% of book weight classified — the grid is NOT representative of the whole book.
Classified: 29.1% of book weight (9/32 names) · unclassified 70.9%: CCJ, APG, TIC, IVV, ARLP, GFL, EPD, VOO, MPLX, AEM +13 more. 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 | CCJCAMECO CORP | 2,347,131 | $255M | 13.6% | HOLD |
| 2 | IBKRINTERACTIVE BROKERS GROUP IN | 2,195,640 | $147M | 7.9% | ADD 3% |
| 3 | APGAPI GROUP CORP | 3,540,787 | $143M | 7.7% | HOLD |
| 4 | TICTIC SOLUTIONS INC | 15,323,105 | $101M | 5.4% | HOLD |
| 5 | IVVISHARES TR | 139,069 | $91M | 4.9% | HOLD |
| 6 | ARLPALLIANCE RESOURCE PARTNERS L | 3,229,764 | $89M | 4.8% | HOLD |
| 7 | SSNCSS&C TECHNOLOGIES HLDGS INC | 1,258,900 | $85M | 4.5% | ADD 12% |
| 8 | GFLGFL ENVIRONMENTAL INC | 1,937,200 | $81M | 4.3% | TRIM −5% |
| 9 | MLMMARTIN MARIETTA MATLS INC | 113,150 | $67M | 3.6% | HOLD |
| 10 | EQTEQT CORP | 1,009,400 | $64M | 3.4% | ADD 4% |
| 11 | EPDENTERPRISE PRODS PARTNERS L | 1,683,631 | $64M | 3.4% | TRIM −4% |
| 12 | VOOVANGUARD INDEX FDS | 103,300 | $62M | 3.3% | HOLD |
| 13 | MPLXMPLX LP | 1,015,966 | $58M | 3.1% | TRIM −4% |
| 14 | AEMAGNICO EAGLE MINES LTD | 284,925 | $58M | 3.1% | HOLD |
| 15 | SOLSSOLSTICE ADVANCED MATLS INC | 731,100 | $56M | 3.0% | HOLD |
| 16 | DAKTDAKTRONICS INC | 2,746,408 | $54M | 2.9% | HOLD |
| 17 | ETENERGY TRANSFER L P | 2,743,907 | $53M | 2.8% | TRIM −5% |
| 18 | AMZNAMAZON COM INC | 250,100 | $52M | 2.8% | NEW |
| 19 | TSLXSIXTH STREET SPECIALTY LENDI | 2,476,398 | $46M | 2.4% | HOLD |
| 20 | PSMTPRICESMART INC | 272,100 | $41M | 2.2% | ADD 19% |
| 21 | ARCCARES CAPITAL CORP | 2,224,728 | $40M | 2.1% | HOLD |
| 22 | NRPNATURAL RESOURCE PARTNERS L | 312,523 | $38M | 2.0% | HOLD |
| 23 | PARPAR TECHNOLOGY CORP | 2,170,808 | $29M | 1.5% | ADD 6% |
| 24 | POOLPOOL CORP | 140,000 | $28M | 1.5% | NEW |
| 25 | BRK.BBERKSHIRE HATHAWAY INC DEL | 53,239 | $26M | 1.4% | HOLD |
| 26 | BXSLBLACKSTONE SECD LENDING FD | 772,156 | $18M | 1.0% | HOLD |
| 27 | CLBTCELLEBRITE DI LTD | 1,128,129 | $16M | 0.8% | NEW |
| 28 | HCCWARRIOR MET COAL INC | 54,235 | $5M | 0.3% | HOLD |
| 29 | ABVXABIVAX SA | 12,240 | $1M | 0.1% | HOLD |
| 30 | PCVXVAXCYTE INC | 23,300 | $1M | 0.1% | HOLD |
| 31 | ASNDASCENDIS PHARMA A/S | 5,230 | $1M | 0.1% | HOLD |
| 32 | CRNXCRINETICS PHARMACEUTICALS IN | 24,000 | $871,680 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| CCJCAMECO CORP | 2.3M | 2.3M | 2.4M | 2.4M | 2.3M | 2.3M | $255M |
| IBKRINTERACTIVE BROKERS GROUP IN | 166K | 324K | 2.1M | 2.1M | 2.1M | 2.2M | $147M |
| APGAPI GROUP CORP | 2.4M | 2.4M | 2.4M | 3.5M | 3.5M | 3.5M | $143M |
| TICTIC SOLUTIONS INC | — | 15.0M | 15.0M | 15.3M | 15.2M | 15.3M | $101M |
| IVVISHARES TR | 79K | 79K | 139K | 139K | 139K | 139K | $91M |
| ARLPALLIANCE RESOURCE PARTNERS L | 2.9M | 3.0M | 3.1M | 3.3M | 3.3M | 3.2M | $89M |
| SSNCSS&C TECHNOLOGIES HLDGS INC | 989K | 989K | 1.1M | 1.1M | 1.1M | 1.3M | $85M |
| GFLGFL ENVIRONMENTAL INC | 1.0M | 1.7M | 1.8M | 2.0M | 2.0M | 1.9M | $81M |
| MLMMARTIN MARIETTA MATLS INC | — | 75K | 113K | 113K | 113K | 113K | $67M |
| EQTEQT CORP | — | — | — | 700K | 972K | 1.0M | $64M |
| EPDENTERPRISE PRODS PARTNERS L | 1.9M | 1.9M | 1.9M | 1.9M | 1.7M | 1.7M | $64M |
| VOOVANGUARD INDEX FDS | 125K | 125K | 125K | 103K | 103K | 103K | $62M |
| MPLXMPLX LP | 1.0M | 1.1M | 1.1M | 1.1M | 1.1M | 1.0M | $58M |
| AEMAGNICO EAGLE MINES LTD | 285K | 285K | 285K | 285K | 285K | 285K | $58M |
| SOLSSOLSTICE ADVANCED MATLS INC | — | — | — | — | 731K | 731K | $56M |
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.
