CIK 1543160
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 |
|---|---|---|
| Unclassified | 41.89% | 3 |
| Diversified Telecommunication Services | 38.87% | 1 |
| Electrical Equipment & Components | 13.25% | 1 |
| Paper & Forest Products | 3.06% | 1 |
| Leisure Products | 2.94% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | PG&E CORP | Unclassified | 39.25% | |
| 2 | ECHO | EchoStar CORP | Communication Services | 38.87% |
| 3 | EAF | GRAFTECH INTERNATIONAL LTD | Information Technology | 13.25% |
| 4 | MERC | MERCER INTERNATIONAL INC. | Materials | 3.06% |
| 5 | PTON | PELOTON INTERACTIVE, INC. | Consumer Discretionary | 2.94% |
| 6 | ORACLE CORP | Unclassified | 2.58% | |
| 7 | GOCOQ | GOHEALTH INC | Unclassified | 0.06% |
4/7 names classified · sector 58.1% of weight · industry 58.1% · mkt cap 58.1%; 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: 58.1% of the book is sector-classified (unclassified names shown, never dropped).
Only 16% of book weight classified — the grid is NOT representative of the whole book.
Classified: 16.3% of book weight (2/6 names) · unclassified 83.7%: , ECHO, PTON, GOCOQ. 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 | PG&E CORP | 333,260 | $14M | 39.3% | TRIM −6% |
| 2 | ECHOECHOSTAR CORP | 121,166 | $14M | 38.9% | HOLD |
| 3 | EAFGRAFTECH INTL LTD | 713,062 | $5M | 13.2% | HOLD |
| 4 | MERCMERCER INTL INC | 787,371 | $1M | 3.1% | ADD 1136% |
| 5 | PTONPELOTON INTERACTIVE INC | 250,000 | $1M | 2.9% | NEW |
| 6 | ORACLE CORP | 20,888 | $940,169 | 2.6% | NEW |
| 7 | GOCOQGOHEALTH INC | 13,592 | $20,524 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| PG&E CORP | — | — | — | — | 353K | 333K | $14M |
| ECHOECHOSTAR CORP | — | — | — | — | 121K | 121K | $14M |
| EAFGRAFTECH INTL LTD | — | — | — | — | 713K | 713K | $5M |
| MERCMERCER INTL INC | — | — | — | — | 64K | 787K | $1M |
| PTONPELOTON INTERACTIVE INC | — | — | — | — | — | 250K | $1M |
| ORACLE CORP | — | — | — | — | — | 21K | $940,169 |
| GOCOQGOHEALTH INC | — | — | — | — | 14K | 14K | $20,524 |
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.
