CIK 1573485
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2016-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 | 46.52% | 11 |
| Banks | 23.04% | 2 |
| Insurance | 17.67% | 1 |
| Technology Hardware & Equipment | 4.99% | 2 |
| Metals & Mining | 4.60% | 2 |
| Oil, Gas & Consumable Fuels | 2.43% | 1 |
| Diversified Telecommunication Services | 0.75% | 2 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | AMERICAN INTL GROUP INC | Unclassified | 23.59% | |
| 2 | BAC | BANK OF AMERICA CORP /DE/ | Financials | 22.26% |
| 3 | AIG | AMERICAN INTERNATIONAL GROUP, INC. | Financials | 17.67% |
| 4 | BRK.B | BERKSHIRE HATHAWAY INC | Financials | 7.80% |
| 5 | BARRICK GOLD CORP | Unclassified | 6.67% | |
| 6 | AAPL | Apple Inc. | Information Technology | 3.20% |
| 7 | CREDIT SUISSE AG NASSAU BRH | Unclassified | 3.09% | |
| 8 | AEM | AGNICO EAGLE MINES LTD | Materials | 2.64% |
| 9 | IEP | ICAHN ENTERPRISES L.P. | Energy | 2.43% |
| 10 | NG | NOVAGOLD RESOURCES INC | Materials | 1.97% |
11/21 names classified · sector 61.3% of weight · industry 53.5% · mkt cap 58.6%; 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: 61.3% of the book is sector-classified (unclassified names shown, never dropped).
Only 46% of book weight classified — the grid is NOT representative of the whole book.
Classified: 46.4% of book weight (7/17 names) · unclassified 53.6%: , BRK.B, AEM, IEP, NG, USA, SLRC, PFLT, ARCC, XGLQX. 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 | AMERICAN INTL GROUP INC | 818,153 | $17M | 23.6% | HOLD |
| 2 | BACBANK AMERICA CORP | 1,045,730 | $16M | 22.3% | TRIM −13% |
| 3 | AIGAMERICAN INTL GROUP INC | 218,860 | $13M | 17.7% | TRIM −28% |
| 4 | BRK.BBERKSHIRE HATHAWAY INC DEL | 39,670 | $6M | 7.8% | TRIM −25% |
| 5 | BARRICK GOLD CORP | 276,514 | $5M | 6.7% | HOLD |
| 6 | AAPLAPPLE INC | 20,793 | $2M | 3.2% | TRIM −69% |
| 7 | CREDIT SUISSE AG NASSAU BRH | 61,681 | $2M | 3.1% | NEW |
| 8 | AEMAGNICO EAGLE MINES LTD | 35,762 | $2M | 2.6% | HOLD |
| 9 | IEPICAHN ENTERPRISES LP | 35,415 | $2M | 2.4% | NEW |
| 10 | NGNOVAGOLD RES INC | 258,207 | $1M | 2.0% | HOLD |
| 11 | IBMINTERNATIONAL BUSINESS MACHS | 8,300 | $1M | 1.8% | TRIM −54% |
| 12 | USALIBERTY ALL STAR EQUITY FD | 197,869 | $1M | 1.4% | NEW |
| 13 | SLRCSLR INVESTMENT CORP | 38,314 | $786,000 | 1.1% | HOLD |
| 14 | PFLTPENNANTPARK FLOATING RATE CA | 54,542 | $722,000 | 1.0% | HOLD |
| 15 | ARCCARES CAPITAL CORP | 44,442 | $689,000 | 0.9% | HOLD |
| 16 | WFCWELLS FARGO CO NEW | 12,859 | $569,000 | 0.8% | TRIM −3% |
| 17 | XGLQXCLOUGH GLOBAL EQUITY FD | 40,276 | $458,000 | 0.6% | HOLD |
| 18 | TAT&T INC | 7,089 | $288,000 | 0.4% | HOLD |
| 19 | VZVERIZON COMMUNICATIONS INC | 5,033 | $262,000 | 0.4% | HOLD |
| 20 | SEARS HOLDING CORP | 18,446 | $211,000 | 0.3% | ADD 15% |
| 21 | NEW GOLD INC CDA | 14,102 | $61,000 | 0.1% | NEW |
Where this firm's principals came from and which firms its alumni went on to found.
