CIK 1576528
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2014-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 | 32.46% | 5 |
| Insurance | 18.14% | 2 |
| Banks | 18.07% | 2 |
| Software | 9.85% | 1 |
| Entertainment | 9.73% | 1 |
| Construction & Engineering | 8.82% | 1 |
| Automobiles & Components | 2.93% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | HOWARD HUGHES CORPORATION | Unclassified | 11.15% | |
| 2 | ELV | Elevance Health, Inc. | Financials | 10.47% |
| 3 | MSFT | MICROSOFT CORP | Information Technology | 9.85% |
| 4 | MTN | VAIL RESORTS INC | Communication Services | 9.73% |
| 5 | WFC | WELLS FARGO & COMPANY/MN | Financials | 9.33% |
| 6 | NVR | NVR INC | Industrials | 8.82% |
| 7 | SYF | Synchrony Financial | Financials | 8.73% |
| 8 | HILTON WORLDWIDE HLDGS INC | Unclassified | 8.03% | |
| 9 | PGR | PROGRESSIVE CORP/OH/ | Financials | 7.68% |
| 10 | TESSERA TECHNOLOGIES INC | Unclassified | 7.02% |
8/13 names classified · sector 67.5% of weight · industry 67.5% · mkt cap 67.5%; 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: 67.5% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 67.5% of book weight (8/9 names) · unclassified 32.5%: . 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 | HOWARD HUGHES CORPORATION | 115,557 | $18M | 11.2% | HOLD |
| 2 | ELVELEVANCE HEALTH INC FORMERLY | 108,890 | $17M | 10.5% | TRIM −5% |
| 3 | MSFTMICROSOFT CORP | 389,338 | $16M | 9.9% | TRIM −22% |
| 4 | MTNVAIL RESORTS INC | 151,113 | $16M | 9.7% | TRIM −9% |
| 5 | WFCWELLS FARGO CO NEW | 275,559 | $15M | 9.3% | TRIM −27% |
| 6 | NVRNVR INC | 10,667 | $14M | 8.8% | TRIM −9% |
| 7 | SYFSYNCHRONY FINANCIAL | 462,228 | $14M | 8.7% | NEW |
| 8 | HILTON WORLDWIDE HLDGS INC | 435,561 | $13M | 8.0% | NEW |
| 9 | PGRPROGRESSIVE CORP | 453,339 | $12M | 7.7% | TRIM −15% |
| 10 | TESSERA TECHNOLOGIES INC | 280,003 | $11M | 7.0% | ADD 51% |
| 11 | MCGRAW HILL FINL INC | 76,445 | $8M | 4.9% | NEW |
| 12 | ALSNALLISON TRANSMISSION HLDGS I | 147,157 | $5M | 2.9% | TRIM −63% |
| 13 | BLUEROCK RESIDENTIAL GWT REI | 160,000 | $2M | 1.3% | NEW |
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