CIK 1538653
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 |
|---|---|---|
| Banks | 59.54% | 2 |
| Media & Publishing | 19.32% | 1 |
| Specialty Retail | 12.80% | 1 |
| Tobacco | 3.94% | 1 |
| Construction & Engineering | 2.05% | 1 |
| Life Sciences Tools & Services | 1.49% | 1 |
| Beverages | 0.76% | 1 |
| Distributors | 0.05% | 1 |
| Road & Rail | 0.05% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | CACC | CREDIT ACCEPTANCE CORP | Financials | 44.58% |
| 2 | CMPR | CIMPRESS plc | Communication Services | 19.32% |
| 3 | WRLD | WORLD ACCEPTANCE CORP | Financials | 14.96% |
| 4 | W | Wayfair Inc. | Consumer Discretionary | 12.80% |
| 5 | BTI | British American Tobacco p.l.c. | Consumer Staples | 3.94% |
| 6 | LEN | LENNAR CORP /NEW/ | Industrials | 2.05% |
| 7 | AVTR | Avantor, Inc. | Health Care | 1.49% |
| 8 | SAM | BOSTON BEER CO INC | Consumer Staples | 0.76% |
| 9 | RYZ | Ryerson Holding Corp | Consumer Discretionary | 0.05% |
| 10 | HTLD | HEARTLAND EXPRESS INC | Industrials | 0.05% |
10/10 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 96.1%; 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: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 81.8% of book weight (7/10 names) · unclassified 18.2%: W, BTI, AVTR. 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 | CACCCREDIT ACCEP CORP MICH | 1,436,951 | $608M | 44.6% | HOLD |
| 2 | CMPRCIMPRESS PLC | 3,612,560 | $264M | 19.3% | HOLD |
| 3 | WRLDWORLD ACCEP CORPORATION | 1,512,424 | $204M | 15.0% | HOLD |
| 4 | WWAYFAIR INC | 2,322,401 | $175M | 12.8% | TRIM −21% |
| 5 | BTIBRITISH AMERN TOB PLC | 920,100 | $54M | 3.9% | ADD 318% |
| 6 | LENLENNAR CORP | 323,000 | $28M | 2.1% | ADD 1515% |
| 7 | AVTRAVANTOR INC | 2,600,000 | $20M | 1.5% | NEW |
| 8 | SAMBOSTON BEER INC | 45,000 | $10M | 0.8% | NEW |
| 9 | RYZRYERSON HLDG CORP | 30,000 | $674,400 | 0.0% | HOLD |
| 10 | HTLDHEARTLAND EXPRESS INC | 60,000 | $624,000 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| CACCCREDIT ACCEP CORP MICH | 1.6M | 1.6M | 1.4M | 1.4M | 1.4M | 1.4M | $608M |
| CMPRCIMPRESS PLC | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | $264M |
| WRLDWORLD ACCEP CORPORATION | 2.0M | 1.9M | 1.8M | 1.5M | 1.5M | 1.5M | $204M |
| WWAYFAIR INC | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | 2.3M | $175M |
| BTIBRITISH AMERN TOB PLC | 220K | 220K | 220K | 220K | 220K | 920K | $54M |
| LENLENNAR CORP | — | — | — | 20K | 20K | 323K | $28M |
| AVTRAVANTOR INC | — | — | — | — | — | 2.6M | $20M |
| SAMBOSTON BEER INC | — | — | — | — | — | 45K | $10M |
| RYZRYERSON HLDG CORP | — | 30K | 30K | 30K | 30K | 30K | $674,400 |
| HTLDHEARTLAND EXPRESS INC | — | 60K | 60K | 60K | 60K | 60K | $624,000 |
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.
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