CIK 1578964
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 | 98.91% | 3 |
| Equity Real Estate Investment Trusts (REITs) | 1.09% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ADAMAS PHARMACEUTICALS INC | Unclassified | 96.38% | |
| 2 | TIER REIT INC | Unclassified | 2.36% | |
| 3 | O | REALTY INCOME CORP | Real Estate | 1.09% |
| 4 | NORTHSTAR REALTY EUROPE CORP | Unclassified | 0.17% |
1/4 names classified · sector 1.1% of weight · industry 1.1% · mkt cap 1.1%; 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: 1.1% of the book is sector-classified (unclassified names shown, never dropped).
Only 1% of book weight classified — the grid is NOT representative of the whole book.
Classified: 1.1% of book weight (1/2 names) · unclassified 98.9%: . 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 | ADAMAS PHARMACEUTICALS INC | 1,153,022 | $19M | 96.4% | ADD 137% |
| 2 | TIER REIT INC | 30,000 | $463,000 | 2.4% | NEW |
| 3 | OREALTY INCOME CORP | 3,200 | $214,000 | 1.1% | NEW |
| 4 | NORTHSTAR REALTY EUROPE CORP | 2,992,678 | $32,769 | 0.2% | HOLD |
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