CIK 1568621
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 |
|---|---|---|
| Diversified Telecommunication Services | 25.94% | 3 |
| Specialty Retail | 12.99% | 5 |
| Insurance | 12.73% | 2 |
| Semiconductors & Semiconductor Equipment | 8.93% | 1 |
| Real Estate Management & Development | 8.63% | 1 |
| Commercial Services & Supplies | 8.06% | 2 |
| Capital Markets | 4.73% | 1 |
| Hotels, Restaurants & Leisure | 3.43% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 3.21% | 1 |
| Construction & Engineering | 3.10% | 1 |
| Software & IT Services | 2.93% | 2 |
| Technology Hardware & Equipment | 2.37% | 1 |
| Aerospace & Defense | 2.20% | 1 |
| Entertainment | 0.58% | 1 |
| Unclassified | 0.17% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ASTS | AST SpaceMobile, Inc. | Communication Services | 21.35% |
| 2 | AMAT | APPLIED MATERIALS INC /DE | Information Technology | 8.93% |
| 3 | BN | BROOKFIELD Corp /ON/ | Real Estate | 8.63% |
| 4 | SUNB | Sunbelt Rentals Holdings, Inc. | Industrials | 7.78% |
| 5 | MKL | MARKEL GROUP INC. | Financials | 6.98% |
| 6 | ORLY | O REILLY AUTOMOTIVE INC | Consumer Discretionary | 6.16% |
| 7 | AON | Aon plc | Financials | 5.75% |
| 8 | BAM | Brookfield Asset Management Ltd. | Financials | 4.73% |
| 9 | HLT | Hilton Worldwide Holdings Inc. | Consumer Discretionary | 3.43% |
| 10 | AMT | AMERICAN TOWER CORP /MA/ | Real Estate | 3.21% |
23/24 names classified · sector 99.8% of weight · industry 99.8% · mkt cap 86.2%; 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: 99.8% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 57.1% of book weight (18/24 names) · unclassified 42.9%: ASTS, BN, SUNB, BAM, RELX, BNT. 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 | ASTSAST SPACEMOBILE INC | 1,463,094 | $121M | 21.4% | TRIM −7% |
| 2 | AMATAPPLIED MATLS INC | 148,320 | $51M | 8.9% | TRIM −6% |
| 3 | BNBROOKFIELD CORP | 1,210,847 | $49M | 8.6% | HOLD |
| 4 | SUNBSUNBELT RENTALS HOLDINGS INC | 704,530 | $44M | 7.8% | NEW |
| 5 | MKLMARKEL GROUP INC | 20,709 | $40M | 7.0% | HOLD |
| 6 | ORLYOREILLY AUTOMOTIVE INC | 378,688 | $35M | 6.2% | TRIM −5% |
| 7 | AONAON PLC | 101,157 | $33M | 5.7% | TRIM −5% |
| 8 | BAMBROOKFIELD ASSET MANAGMT LTD | 603,637 | $27M | 4.7% | ADD 50% |
| 9 | HLTHILTON WORLDWIDE HLDGS INC | 64,139 | $20M | 3.4% | HOLD |
| 10 | AMTAMERICAN TOWER CORP | 105,578 | $18M | 3.2% | TRIM −4% |
| 11 | NVRNVR INC | 2,673 | $18M | 3.1% | TRIM −4% |
| 12 | GOOGALPHABET INC | 55,551 | $16M | 2.8% | TRIM −18% |
| 13 | CDWCDW CORP | 124,611 | $15M | 2.7% | HOLD |
| 14 | SHENSHENANDOAH TELECOMMUNICATION | 878,264 | $14M | 2.4% | HOLD |
| 15 | DHRDANAHER CORP DEL | 70,935 | $13M | 2.4% | HOLD |
| 16 | TDGTRANSDIGM GROUP INC | 10,801 | $13M | 2.2% | HOLD |
| 17 | CCOICOGENT COMMUNICATIONS HLDGS | 663,200 | $12M | 2.2% | HOLD |
| 18 | KMXCARMAX INC | 284,385 | $12M | 2.1% | HOLD |
| 19 | RHRH | 62,534 | $9M | 1.5% | HOLD |
| 20 | DISDISNEY WALT CO | 34,270 | $3M | 0.6% | TRIM −14% |
| 21 | FNDFLOOR & DECOR HLDGS INC | 62,000 | $3M | 0.6% | HOLD |
| 22 | RELXRELX PLC | 47,000 | $2M | 0.3% | HOLD |
| 23 | BNTBROOKFIELD WEALTH SOL LTD | 23,581 | $976,253 | 0.2% | HOLD |
| 24 | GOOGLALPHABET INC | 2,535 | $728,965 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| ASTSAST SPACEMOBILE INC | 3.8M | 3.8M | 3.7M | 3.6M | 1.6M | 1.5M | $121M |
| AMATAPPLIED MATLS INC | 217K | 205K | 173K | 162K | 157K | 148K | $51M |
| BNBROOKFIELD CORP | 1.1M | 1.0M | 860K | 811K | 1.2M | 1.2M | $49M |
| SUNBSUNBELT RENTALS HOLDINGS INC | — | — | — | — | — | 705K | $44M |
| MKLMARKEL GROUP INC | 33K | 24K | 22K | 21K | 21K | 21K | $40M |
| ORLYOREILLY AUTOMOTIVE INC | 46K | 32K | 439K | 400K | 399K | 379K | $35M |
| AONAON PLC | 161K | 117K | 113K | 107K | 107K | 101K | $33M |
| BAMBROOKFIELD ASSET MANAGMT LTD | 471K | 453K | 416K | 404K | 403K | 604K | $27M |
| HLTHILTON WORLDWIDE HLDGS INC | 81K | 69K | 64K | 64K | 64K | 64K | $20M |
| AMTAMERICAN TOWER CORP | 210K | 128K | 120K | 112K | 110K | 106K | $18M |
| NVRNVR INC | 3K | 3K | 3K | 3K | 3K | 3K | $18M |
| GOOGALPHABET INC | 93K | 92K | 83K | 68K | 68K | 56K | $16M |
| CDWCDW CORP | 172K | 153K | 133K | 129K | 126K | 125K | $15M |
| SHENSHENANDOAH TELECOMMUNICATION | 934K | 934K | 920K | 897K | 891K | 878K | $14M |
| DHRDANAHER CORP DEL | 71K | 71K | 71K | 71K | 71K | 71K | $13M |
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.
