CIK 1536340
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2019-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 |
|---|---|---|
| Unclassified | 99.44% | 15 |
| Capital Markets | 0.33% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 0.23% | 2 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | IEMG | ISHARES INC | Unclassified | 37.14% |
| 2 | SPEM | SPDR INDEX SHS FDS | Unclassified | 23.26% |
| 3 | SCHE | SCHWAB STRATEGIC TR | Unclassified | 19.26% |
| 4 | EDC | DIREXION SHS ETF TR | Unclassified | 13.52% |
| 5 | EET | PROSHARES TR | Unclassified | 2.20% |
| 6 | WASHINGTON PRIME GROUP NEW | Unclassified | 0.64% | |
| 7 | MACQUARIE INFRASTRUCTURE COR | Unclassified | 0.55% | |
| 8 | O'Shares FTSE U.S. Quality Divid | Unclassified | 0.48% | |
| 9 | KIE | SPDR SERIES TRUST | Unclassified | 0.47% |
| 10 | ANNALY MORTGAGE MANAGEMENT | Unclassified | 0.47% |
3/18 names classified · sector 0.6% of weight · industry 0.6% · mkt cap 0.6%; 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: 0.6% of the book is sector-classified (unclassified names shown, never dropped).
Only 0% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.2% of book weight (2/12 names) · unclassified 99.8%: IEMG, SPEM, SCHE, EDC, , EET, KIE, BIZD, KKR, WCPRF. 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 | IEMGISHARES INC | 550,222 | $27M | 37.1% | TRIM −4% |
| 2 | SPEMSPDR INDEX SHS FDS | 492,857 | $17M | 23.3% | TRIM −4% |
| 3 | SCHESCHWAB STRATEGIC TR | 556,705 | $14M | 19.3% | TRIM −7% |
| 4 | EDCDIREXION SHS ETF TR | 151,017 | $10M | 13.5% | TRIM −3% |
| 5 | EETPROSHARES TR | 24,569 | $2M | 2.2% | ADD 9% |
| 6 | WASHINGTON PRIME GROUP NEW | 112,302 | $465,000 | 0.6% | ADD 18% |
| 7 | MACQUARIE INFRASTRUCTURE COR | 10,077 | $398,000 | 0.5% | TRIM −8% |
| 8 | O'Shares FTSE U.S. Quality Divid | 10,123 | $352,000 | 0.5% | HOLD |
| 9 | KIESPDR SERIES TRUST | 9,654 | $340,000 | 0.5% | HOLD |
| 10 | ANNALY MORTGAGE MANAGEMENT | 38,501 | $339,000 | 0.5% | NEW |
| 11 | KIRKLAND LAKE GOLD LTD | 7,104 | $318,000 | 0.4% | HOLD |
| 12 | BIZDVANECK ETF TRUST | 18,194 | $307,000 | 0.4% | HOLD |
| 13 | KKRKKR & CO INC | 9,038 | $243,000 | 0.3% | ADD 6% |
| 14 | BARRICK GOLD CORP | 13,614 | $236,000 | 0.3% | NEW |
| 15 | COHEN & STEERS MLP & ENGY OP | 15,390 | $139,000 | 0.2% | ADD 6% |
| 16 | SACHSACHEM CAP CORP | 24,241 | $114,000 | 0.2% | HOLD |
| 17 | WCPRFWHITECAP RES INC | 16,500 | $57,000 | 0.1% | NEW |
| 18 | SELFGLOBAL SELF STORAGE INC | 11,000 | $52,000 | 0.1% | ADD 8% |
Where this firm's principals came from and which firms its alumni went on to found.
