CIK 1595932
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 |
|---|---|---|
| Capital Markets | 26.33% | 2 |
| Software & IT Services | 11.82% | 1 |
| Unclassified | 11.03% | 1 |
| Specialty Retail | 10.73% | 1 |
| Technology Hardware & Equipment | 9.29% | 1 |
| Oil, Gas & Consumable Fuels | 8.03% | 1 |
| Insurance | 7.99% | 1 |
| Construction & Engineering | 5.43% | 1 |
| Semiconductors & Semiconductor Equipment | 4.87% | 1 |
| Tobacco | 4.47% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | APO | Apollo Global Management, Inc. | Financials | 22.96% |
| 2 | GOOG | Alphabet Inc. | Communication Services | 11.82% |
| 3 | SGOL | ETFS GOLD TR | Unclassified | 11.03% |
| 4 | AMZN | AMAZON COM INC | Consumer Discretionary | 10.73% |
| 5 | ONTO | ONTO INNOVATION INC. | Information Technology | 9.29% |
| 6 | CNQ | CANADIAN NATURAL RESOURCES LTD | Energy | 8.03% |
| 7 | RYAN | RYAN SPECIALTY HOLDINGS, INC. | Financials | 7.99% |
| 8 | NVR | NVR INC | Industrials | 5.43% |
| 9 | TSM | Taiwan Semiconductor Manufacturing Co Ltd | Information Technology | 4.87% |
| 10 | TPB | Turning Point Brands, Inc. | Consumer Staples | 4.47% |
10/11 names classified · sector 89.0% of weight · industry 89.0% · mkt cap 72.7%; 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: 89.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 72.7% of book weight (7/11 names) · unclassified 27.3%: SGOL, CNQ, TSM, ARES. 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 | APOAPOLLO GLOBAL MGMT INC | 500,000 | $56M | 23.0% | ADD 43% |
| 2 | GOOGALPHABET INC | 100,000 | $29M | 11.8% | HOLD |
| 3 | SGOLETFS GOLD TR | 600,000 | $27M | 11.0% | TRIM −54% |
| 4 | AMZNAMAZON COM INC | 125,000 | $26M | 10.7% | ADD 25% |
| 5 | ONTOONTO INNOVATION INC | 110,000 | $23M | 9.3% | TRIM −31% |
| 6 | CNQCANADIAN NAT RES LTD | 400,000 | $19M | 8.0% | NEW |
| 7 | RYANRYAN SPECIALTY HOLDINGS INC | 575,000 | $19M | 8.0% | ADD 15% |
| 8 | NVRNVR INC | 2,000 | $13M | 5.4% | TRIM −33% |
| 9 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 35,000 | $12M | 4.9% | TRIM −42% |
| 10 | TPBTURNING PT BRANDS INC | 125,000 | $11M | 4.5% | ADD 115% |
| 11 | ARESARES MANAGEMENT CORPORATION | 75,000 | $8M | 3.4% | TRIM −63% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| APOAPOLLO GLOBAL MGMT INC | 575K | 350K | 350K | 350K | 350K | 500K | $56M |
| GOOGALPHABET INC | 110K | 110K | 110K | 110K | 100K | 100K | $29M |
| SGOLETFS GOLD TR | — | 750K | 1.2M | 1.2M | 1.3M | 600K | $27M |
| AMZNAMAZON COM INC | — | — | 100K | 100K | 100K | 125K | $26M |
| ONTOONTO INNOVATION INC | — | — | — | — | 160K | 110K | $23M |
| CNQCANADIAN NAT RES LTD | — | — | — | — | — | 400K | $19M |
| RYANRYAN SPECIALTY HOLDINGS INC | 425K | 425K | 450K | 500K | 500K | 575K | $19M |
| NVRNVR INC | 4K | 4K | 4K | 3K | 3K | 2K | $13M |
| TSMTAIWAN SEMICONDUCTOR MFG LTD | — | 25K | 25K | 50K | 60K | 35K | $12M |
| TPBTURNING PT BRANDS INC | 50K | 50K | 50K | 50K | 58K | 125K | $11M |
| ARESARES MANAGEMENT CORPORATION | — | — | 50K | 100K | 200K | 75K | $8M |
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.
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