CIK 1597857
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 |
|---|---|---|
| Oil, Gas & Consumable Fuels | 25.60% | 15 |
| Utilities | 14.92% | 11 |
| Unclassified | 10.87% | 19 |
| Metals & Mining | 10.07% | 19 |
| Specialty Retail | 9.05% | 1 |
| Distributors | 8.88% | 2 |
| Marine | 6.19% | 5 |
| Chemicals | 4.07% | 9 |
| Coal & Consumable Fuels | 2.38% | 1 |
| Construction Materials | 2.32% | 1 |
| Insurance | 2.15% | 1 |
| Food Products | 1.04% | 3 |
| Machinery | 0.53% | 4 |
| Capital Markets | 0.38% | 1 |
| Automobiles & Components | 0.37% | 3 |
| Electrical Equipment & Components | 0.28% | 3 |
| Commercial Services & Supplies | 0.27% | 3 |
| Road & Rail | 0.17% | 2 |
| Construction & Engineering | 0.16% | 2 |
| Semiconductors & Semiconductor Equipment | 0.11% | 1 |
| Banks | 0.10% | 1 |
| Communications Equipment | 0.06% | 2 |
| Software & IT Services | 0.04% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SGU | STAR GROUP, L.P. | Consumer Discretionary | 9.05% |
| 2 | VG | Venture Global, Inc. | Utilities | 5.94% |
| 3 | OVV | Ovintiv Inc. | Energy | 5.82% |
| 4 | HDSN | HUDSON TECHNOLOGIES INC /NY | Consumer Discretionary | 4.84% |
| 5 | LNG | Cheniere Energy, Inc. | Utilities | 4.80% |
| 6 | DVN | DEVON ENERGY CORP/DE | Energy | 4.69% |
| 7 | CVE | CENOVUS ENERGY | Energy | 4.53% |
| 8 | GLP | GLOBAL PARTNERS LP | Consumer Discretionary | 4.03% |
| 9 | TNK | TEEKAY TANKERS LTD. | Industrials | 2.95% |
| 10 | MEOH | METHANEX CORP | Materials | 2.77% |
91/110 names classified · sector 89.1% of weight · industry 89.1% · mkt cap 73.6%; 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: 89.1% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 50.6% of book weight (57/110 names) · unclassified 49.4%: VG, CVE, GLP, TNK, MEOH, IAG, SPY, PDS, ASC, SHMD +43 more. 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 | SGUSTAR GROUP L P | 3,400,907 | $42M | 9.1% | HOLD |
| 2 | VGVENTURE GLOBAL INC | 1,739,221 | $27M | 5.9% | NEW |
| 3 | OVVOVINTIV INC | 452,446 | $27M | 5.8% | TRIM −27% |
| 4 | HDSNHUDSON TECHNOLOGIES INC | 3,800,000 | $22M | 4.8% | HOLD |
| 5 | LNGCheniere Energy, Inc | 78,069 | $22M | 4.8% | ADD 1852% |
| 6 | DVNDEVON ENERGY CORP NEW | 430,383 | $22M | 4.7% | ADD 670% |
| 7 | CVECENOVUS ENERGY INC | 790,000 | $21M | 4.5% | ADD 204% |
| 8 | GLPGLOBAL PARTNERS LP | 441,755 | $19M | 4.0% | TRIM −13% |
| 9 | TNKTEEKAY TANKERS LTD | 185,462 | $14M | 2.9% | ADD 25% |
| 10 | MEOHMETHANEX CORP | 214,859 | $13M | 2.8% | NEW |
| 11 | CNRCORE NATURAL RESOURCES INC | 104,829 | $11M | 2.4% | NEW |
| 12 | IAGIAMGOLD CORP | 571,480 | $11M | 2.3% | ADD 23% |
| 13 | OCOWENS CORNING NEW | 98,691 | $11M | 2.3% | NEW |
| 14 | LLOEWS CORP | 92,865 | $10M | 2.1% | ADD 45% |
| 15 | SPYSTATE STR SPDR S&P 500 ETF T | 13,360 | $9M | 1.9% | NEW |
| 16 | PDSPRECISION DRILLING CORP | 82,500 | $8M | 1.8% | HOLD |
| 17 | CHRDCHORD ENERGY CORPORATION | 56,031 | $8M | 1.7% | ADD 262% |
| 18 | ASCARDMORE SHIPPING CORP | 515,000 | $8M | 1.7% | NEW |
| 19 | PRPERMIAN RESOURCES CORP | 342,072 | $7M | 1.6% | NEW |
| 20 | NRGNRG ENERGY INC | 46,000 | $7M | 1.5% | NEW |
| 21 | SHMDSCHMID GROUP N.V. | 1,237,500 | $6M | 1.4% | ADD 20% |
| 22 | KGCKINROSS GOLD CORP | 191,000 | $6M | 1.3% | ADD 247% |
| 23 | ZIMZIM INTEGRATED SHIPPING SERV | 200,000 | $5M | 1.1% | NEW |
| 24 | LAFALAFAYETTE ACQUISITION CORP | 497,563 | $5M | 1.1% | NEW |
| 25 | SDRLSEADRILL LTD | 107,300 | $5M | 1.1% | NEW |
| 26 | NVGSNAVIGATOR HLDGS LTD | 241,473 | $5M | 1.0% | NEW |
| 27 | BTEBAYTEX ENERGY CORP | 1,000,000 | $4M | 1.0% | TRIM −43% |
| 28 | BBARRICK MNG CORP | 106,000 | $4M | 0.9% | TRIM −65% |
| 29 | FANGDIAMONDBACK ENERGY INC | 21,524 | $4M | 0.9% | NEW |
| 30 | VSTVISTRA CORP | 26,500 | $4M | 0.9% | NEW |
| 31 | SBSWSIBANYE STILLWATER LTD | 316,750 | $4M | 0.8% | ADD 23% |
| 32 | RFAMURF ACQUISITION CORP III | 380,000 | $4M | 0.8% | NEW |
| 33 | SBLKSTAR BULK CARRIERS CORP. | 150,000 | $3M | 0.7% | NEW |
| 34 | CTRACOTERRA ENERGY INC | 94,000 | $3M | 0.7% | NEW |
| 35 | EXEEXPAND ENERGY CORPORATION | 28,959 | $3M | 0.7% | TRIM −65% |
| 36 | VNOMVIPER ENERGY INC | 67,599 | $3M | 0.7% | NEW |
| 37 | AAAlcoa Upstream Corp. | 47,500 | $3M | 0.7% | NEW |
| 38 | EQXEQUINOX GOLD CORP | 204,000 | $3M | 0.6% | ADD 38% |
| 39 | CENXCENTURY ALUM CO | 50,000 | $3M | 0.6% | TRIM −77% |
| 40 | ETENERGY TRANSFER L P | 150,000 | $3M | 0.6% | NEW |
| 41 | BMMBLUE MOON METALS INC | 420,000 | $3M | 0.6% | NEW |
| 42 | SHELSHELL PLC | 26,500 | $2M | 0.5% | ADD 26% |
| 43 | KRSP.URICE ACQUISITION CORP 3 | 240,000 | $2M | 0.5% | NEW |
| 44 | TLNTALEN ENERGY CORP | 7,500 | $2M | 0.5% | TRIM −46% |
| 45 | BGBUNGE GLOBAL SA | 17,000 | $2M | 0.5% | TRIM −67% |
| 46 | CDECOEUR MNG INC | 115,000 | $2M | 0.5% | ADD 100% |
| 47 | CGAUCENTERRA GOLD INC | 120,000 | $2M | 0.5% | ADD 14% |
| 48 | ADMARCHER DANIELS MIDLAND CO | 28,000 | $2M | 0.4% | NEW |
| 49 | XLBSELECT SECTOR SPDR TR | 40,400 | $2M | 0.4% | NEW |
| 50 | SSRMSSR MINING IN | 60,000 | $2M | 0.4% | NEW |
| 51 | MPLXMPLX LP | 30,000 | $2M | 0.4% | NEW |
| 52 | TENTSAKOS ENERGY NAVIGATION LTD | 43,000 | $2M | 0.4% | NEW |
| 53 | MTARCELORMITTAL SA LUXEMBOURG | 27,725 | $1M | 0.3% | ADD 431% |
| 54 | STNGSCORPIO TANKERS INC | 18,600 | $1M | 0.3% | NEW |
| 55 | NEWPNEW PAC METALS CORP | 334,047 | $1M | 0.3% | NEW |
| 56 | TACTRANSALTA CORP | 100,000 | $1M | 0.3% | NEW |
| 57 | ECVTECOVYST INC | 96,726 | $1M | 0.3% | TRIM −28% |
| 58 | DOWDOW HLDGS INC | 27,200 | $1M | 0.2% | NEW |
| 59 | KEXKIRBY CORP | 8,000 | $1M | 0.2% | NEW |
| 60 | RSPINVESCO EXCHANGE TRADED FD T | 5,500 | $1M | 0.2% | NEW |
| 61 | EWZISHARES INC MSCI BRAZIL ETF | 27,334 | $1M | 0.2% | NEW |
| 62 | DCDAKOTA GOLD CORP | 203,002 | $1M | 0.2% | HOLD |
| 63 | FFFUTUREFUEL CORP | 260,000 | $1M | 0.2% | HOLD |
| 64 | CDZICADIZ INC | 200,000 | $982,000 | 0.2% | HOLD |
| 65 | CFCF INDS HLDGS INC | 7,500 | $973,800 | 0.2% | NEW |
| 66 | DCHAMERICAN AXLE & MFG HLDGS IN | 160,000 | $948,800 | 0.2% | NEW |
| 67 | GDXVANECK ETF TRUST GOLD MINERS ETF | 10,000 | $917,700 | 0.2% | NEW |
| 68 | AEMAGNICO EAGLE MINES LTD | 4,500 | $913,410 | 0.2% | NEW |
| 69 | PAASPAN AMERN SILVER CORP | 15,000 | $819,450 | 0.2% | NEW |
| 70 | SHMDWSCHMID GROUP N.V. | 542,021 | $813,032 | 0.2% | NEW |
| 71 | NXENEXGEN ENERGY LTD | 69,743 | $809,019 | 0.2% | NEW |
| 72 | GLDSPDR GOLD TR | 1,800 | $774,522 | 0.2% | NEW |
| 73 | COPCONOCOPHILLIPS | 5,850 | $772,200 | 0.2% | TRIM −39% |
| 74 | EMREMERSON ELEC CO | 5,800 | $759,916 | 0.2% | NEW |
| 75 | GGBGERDAU SA | 210,000 | $758,100 | 0.2% | HOLD |
| 76 | ETNEATON CORP PLC | 2,100 | $751,107 | 0.2% | NEW |
| 77 | DEDEERE & CO | 1,300 | $732,290 | 0.2% | NEW |
| 78 | CATCATERPILLAR INC | 1,000 | $708,460 | 0.2% | NEW |
| 79 | DARDARLING INGREDIENTS INC | 10,000 | $618,500 | 0.1% | NEW |
| 80 | CSXCSX CORP | 12,500 | $513,125 | 0.1% | NEW |
| 81 | PCARPACCAR INC | 4,400 | $508,200 | 0.1% | NEW |
| 82 | RSGREPUBLIC SVCS INC | 2,300 | $503,746 | 0.1% | NEW |
| 83 | WLKWESTLAKE CORPORATION | 4,300 | $502,326 | 0.1% | NEW |
| 84 | KBHKB HOME | 9,600 | $496,800 | 0.1% | NEW |
| 85 | APDAIR PRODS & CHEMS INC | 1,710 | $496,738 | 0.1% | NEW |
| 86 | HUBBHUBBELL INC | 1,000 | $490,740 | 0.1% | NEW |
| 87 | WWDWOODWARD INC | 1,360 | $486,771 | 0.1% | NEW |
| 88 | NFGCNEW FOUND GOLD CORP | 250,000 | $485,071 | 0.1% | HOLD |
| 89 | WMWASTE MGMT INC DEL | 2,100 | $482,559 | 0.1% | NEW |
| 90 | CORZCORE SCIENTIFIC INC NEW | 30,000 | $448,800 | 0.1% | TRIM −40% |
| 91 | OGEOGE ENERGY CORP | 9,266 | $444,397 | 0.1% | NEW |
| 92 | HBMHUDBAY MINERALS INC | 20,000 | $418,670 | 0.1% | TRIM −33% |
| 93 | MTDRMATADOR RES CO | 6,000 | $379,080 | 0.1% | TRIM −76% |
| 94 | GPREGREEN PLAINS INC | 23,000 | $378,350 | 0.1% | HOLD |
| 95 | KNOPKNOT OFFSHORE PARTNERS LP | 36,380 | $366,710 | 0.1% | NEW |
| 96 | KGSKODIAK GAS SVCS INC | 6,000 | $349,920 | 0.1% | NEW |
| 97 | SLSRSOLARIS RES INC | 35,000 | $302,073 | 0.1% | NEW |
| 98 | WMSADVANCED DRAIN SYS INC DEL | 2,000 | $274,260 | 0.1% | NEW |
| 99 | IEXIDEX CORP | 1,400 | $265,370 | 0.1% | NEW |
| 100 | ODFLOLD DOMINION FREIGHT LINE IN | 1,350 | $263,790 | 0.1% | NEW |
| 101 | GLWCORNING INC | 1,900 | $258,343 | 0.1% | NEW |
| 102 | MTZMASTEC INC | 800 | $257,392 | 0.1% | NEW |
| 103 | FTAIFTAI AVIATION LTD | 1,000 | $245,000 | 0.1% | NEW |
| 104 | GMGENERAL MTRS CO | 3,200 | $238,400 | 0.1% | NEW |
| 105 | LITELUMENTUM HLDGS INC | 330 | $231,911 | 0.1% | NEW |
| 106 | GOOGALPHABET INC | 600 | $172,116 | 0.0% | NEW |
| 107 | NINISOURCE INC | 3,500 | $163,310 | 0.0% | NEW |
| 108 | EAFGRAFTECH INTL LTD | 10,000 | $67,800 | 0.0% | HOLD |
| 109 | LAFARLAFAYETTE ACQUISITION CORP | 500,000 | $60,000 | 0.0% | NEW |
| 110 | CIENCIENA CORP | 100 | $38,823 | 0.0% | NEW |
| 111 | BRLSWBOREALIS FOODS INC | 1,474,861 | $0 | 0.0% | NEW |
| 112 | GCLWWGCL GLOBAL HLDGS LTD | 325,564 | $0 | 0.0% | NEW |
| 113 | MLECWMOOLEC SCIENCE SA | 412,400 | $0 | 0.0% | NEW |
| 114 | SCAGWSCAGE FUTURE | 1,395,348 | $0 | 0.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SGUSTAR GROUP L P | 3.1M | 3.3M | 3.4M | 3.4M | 3.4M | 3.4M | $42M |
| VGVENTURE GLOBAL INC | — | — | — | — | — | 1.7M | $27M |
| OVVOVINTIV INC | 114K | 244K | 164K | — | 619K | 452K | $27M |
| HDSNHUDSON TECHNOLOGIES INC | — | 3.6M | 4.0M | 3.8M | 3.8M | 3.8M | $22M |
| LNGCheniere Energy, Inc | — | — | — | — | 4K | 78K | $22M |
| DVNDEVON ENERGY CORP NEW | — | — | — | 43K | 56K | 430K | $22M |
| CVECENOVUS ENERGY INC | — | — | — | 113K | 260K | 790K | $21M |
| GLPGLOBAL PARTNERS LP | 508K | 508K | 508K | 508K | 508K | 442K | $19M |
| TNKTEEKAY TANKERS LTD | 7K | — | 540K | 402K | 148K | 185K | $14M |
| MEOHMETHANEX CORP | 99K | — | 269K | 134K | — | 215K | $13M |
| CNRCORE NATURAL RESOURCES INC | — | — | — | — | — | 105K | $11M |
| IAGIAMGOLD CORP | 539K | 450K | 625K | 663K | 463K | 571K | $11M |
| OCOWENS CORNING NEW | — | — | — | — | — | 99K | $11M |
| LLOEWS CORP | — | — | 154K | 56K | 64K | 93K | $10M |
| SPYSTATE STR SPDR S&P 500 ETF T | — | 3K | — | 850 | — | 13K | $9M |
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.
Where this firm's principals came from and which firms its alumni went on to found.
