CIK 1600698
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 |
|---|---|---|
| Construction Materials | 30.18% | 1 |
| Metals & Mining | 20.49% | 4 |
| Unclassified | 16.79% | 2 |
| Commercial Services & Supplies | 11.64% | 1 |
| Banks | 5.42% | 1 |
| Health Care Equipment & Supplies | 4.74% | 1 |
| Distributors | 4.37% | 1 |
| Pharmaceuticals & Biotechnology | 4.26% | 1 |
| Oil, Gas & Consumable Fuels | 2.11% | 2 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | CRH | CRH PUBLIC LTD CO | Materials | 30.18% |
| 2 | NMM | NAVIOS MARITIME PARTNERS L P | Unclassified | 15.17% |
| 3 | AGI | ALAMOS GOLD INC CLASS A | Materials | 13.16% |
| 4 | KSPI | Joint Stock Co Kaspi.kz | Industrials | 11.64% |
| 5 | FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | Financials | 5.42% |
| 6 | SKE | Skeena Resources Ltd | Materials | 4.90% |
| 7 | ZBH | ZIMMER BIOMET HOLDINGS, INC. | Health Care | 4.74% |
| 8 | FERG | Ferguson Enterprises Inc. /DE/ | Consumer Discretionary | 4.37% |
| 9 | ZTS | Zoetis Inc. | Health Care | 4.26% |
| 10 | DVN | DEVON ENERGY CORP/DE | Energy | 1.63% |
12/14 names classified · sector 83.2% of weight · industry 83.2% · mkt cap 58.4%; 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: 83.2% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 51.1% of book weight (7/14 names) · unclassified 48.9%: NMM, AGI, KSPI, SKE, SA, ODV, EXK. 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 | CRHCRH PLC | 257,689 | $27M | 30.2% | ADD 13% |
| 2 | NMMNAVIOS MARITIME PARTNERS L P | 201,776 | $14M | 15.2% | HOLD |
| 3 | AGIALAMOS GOLD INC NEW | 265,745 | $12M | 13.2% | ADD 7% |
| 4 | KSPIKASPI KZ JSC | 141,080 | $10M | 11.6% | ADD 8% |
| 5 | FCNCAFIRST CTZNS BANCSHARES INC D | 2,581 | $5M | 5.4% | ADD 75% |
| 6 | SKESKEENA RES LTD NEW | 147,847 | $4M | 4.9% | ADD 64% |
| 7 | ZBHZIMMER BIOMET HOLDINGS INC | 47,060 | $4M | 4.7% | NEW |
| 8 | FERGFERGUSON ENTERPRISES INC | 16,804 | $4M | 4.4% | ADD 14% |
| 9 | ZTSZOETIS INC | 32,350 | $4M | 4.3% | NEW |
| 10 | DVNDEVON ENERGY CORP NEW | 29,000 | $1M | 1.6% | NEW |
| 11 | SASEABRIDGE GOLD INC | 51,132 | $1M | 1.6% | HOLD |
| 12 | ODVOSISKO DEVELOPMENT CORP | 353,000 | $1M | 1.3% | NEW |
| 13 | EXKENDEAVOUR SILVER CORP | 112,000 | $1M | 1.2% | HOLD |
| 14 | EOGEOG RES INC | 3,000 | $433,710 | 0.5% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| CRHCRH PLC | 303K | 277K | 231K | 213K | 228K | 258K | $27M |
| NMMNAVIOS MARITIME PARTNERS L P | 184K | 176K | 196K | 202K | 202K | 202K | $14M |
| AGIALAMOS GOLD INC NEW | — | — | — | — | 248K | 266K | $12M |
| KSPIKASPI KZ JSC | — | 69K | 107K | 116K | 131K | 141K | $10M |
| FCNCAFIRST CTZNS BANCSHARES INC D | 2K | 3K | 3K | 2K | 1K | 3K | $5M |
| SKESKEENA RES LTD NEW | — | — | — | — | 90K | 148K | $4M |
| ZBHZIMMER BIOMET HOLDINGS INC | — | — | — | — | — | 47K | $4M |
| FERGFERGUSON ENTERPRISES INC | 60K | 68K | 38K | 15K | 15K | 17K | $4M |
| ZTSZOETIS INC | — | — | — | — | — | 32K | $4M |
| DVNDEVON ENERGY CORP NEW | — | — | — | — | — | 29K | $1M |
| SASEABRIDGE GOLD INC | 58K | 53K | 53K | 53K | 51K | 51K | $1M |
| ODVOSISKO DEVELOPMENT CORP | — | — | — | — | — | 353K | $1M |
| EXKENDEAVOUR SILVER CORP | — | — | — | — | 111K | 112K | $1M |
| EOGEOG RES INC | — | — | — | — | — | 3K | $433,710 |
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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