CIK 1608485
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 |
|---|---|---|
| Semiconductors & Semiconductor Equipment | 44.04% | 4 |
| Airlines | 16.41% | 2 |
| Chemicals | 11.93% | 1 |
| Oil, Gas & Consumable Fuels | 8.14% | 1 |
| Construction Materials | 5.66% | 1 |
| Paper & Forest Products | 3.99% | 1 |
| Leisure Products | 2.62% | 1 |
| Machinery | 2.62% | 2 |
| Software & IT Services | 1.23% | 1 |
| Health Care Equipment & Supplies | 0.95% | 2 |
| Specialty Retail | 0.87% | 1 |
| Metals & Mining | 0.80% | 2 |
| Technology Hardware & Equipment | 0.70% | 2 |
| Hotels, Restaurants & Leisure | 0.02% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | TSM | Taiwan Semiconductor Manufacturing Co Ltd | Information Technology | 24.19% |
| 2 | LIN | LINDE PLC | Materials | 11.93% |
| 3 | ADI | ANALOG DEVICES INC | Information Technology | 11.32% |
| 4 | DAL | DELTA AIR LINES, INC. | Industrials | 8.85% |
| 5 | SLB | SLB LIMITED/NV | Energy | 8.14% |
| 6 | ARM | ARM HOLDINGS PLC /UK | Information Technology | 7.58% |
| 7 | UAL | United Airlines Holdings, Inc. | Industrials | 7.55% |
| 8 | TECK | TECK RESOURCES LTD | Materials | 5.66% |
| 9 | SW | Smurfit Westrock plc | Materials | 3.99% |
| 10 | GOLF | Acushnet Holdings Corp. | Consumer Discretionary | 2.62% |
22/22 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 66.9%; 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: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 59.6% of book weight (14/22 names) · unclassified 40.4%: TSM, ARM, TECK, IONQ, B, ALC, RAL, AEM. 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 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 1,335,686 | $451M | 24.2% | HOLD |
| 2 | LINLINDE PLC | 449,206 | $223M | 11.9% | ADD 97% |
| 3 | ADIANALOG DEVICES INC | 664,063 | $211M | 11.3% | ADD 5% |
| 4 | DALDELTA AIR LINES INC | 2,485,899 | $165M | 8.9% | ADD 3% |
| 5 | SLBSCHLUMBERGER LTD | 2,957,683 | $152M | 8.1% | NEW |
| 6 | ARMARM HOLDINGS PLC | 935,503 | $142M | 7.6% | ADD 98% |
| 7 | UALUNITED AIRLS HLDGS INC | 1,530,883 | $141M | 7.6% | ADD 24% |
| 8 | TECKTECK RESOURCES LTD | 2,041,299 | $106M | 5.7% | ADD 13% |
| 9 | SWSMURFIT WESTROCK PLC | 1,870,219 | $75M | 4.0% | ADD 627% |
| 10 | GOLFACUSHNET HLDGS CORP | 522,946 | $49M | 2.6% | HOLD |
| 11 | ETNEATON CORP PLC | 129,625 | $46M | 2.5% | ADD 18% |
| 12 | IONQIONQ INC | 795,585 | $23M | 1.2% | ADD 24% |
| 13 | TXNTEXAS INSTRS INC | 91,996 | $18M | 1.0% | ADD 18% |
| 14 | AMZNAMAZON COM INC | 77,905 | $16M | 0.9% | ADD 64% |
| 15 | BBARRICK MNG CORP | 343,402 | $14M | 0.8% | ADD 29% |
| 16 | ALCALCON AG | 136,524 | $10M | 0.5% | HOLD |
| 17 | RALRALLIANT CORP | 195,073 | $8M | 0.4% | ADD 95% |
| 18 | MDTMEDTRONIC PLC | 88,839 | $8M | 0.4% | ADD 183% |
| 19 | ROKROCKWELL AUTOMATION INC | 14,057 | $5M | 0.3% | TRIM −55% |
| 20 | BKRBAKER HUGHES COMPANY | 40,309 | $2M | 0.1% | NEW |
| 21 | AEMAGNICO EAGLE MINES LTD | 4,647 | $943,248 | 0.1% | ADD 2% |
| 22 | MARMARRIOTT INTL INC NEW | 1,415 | $462,804 | 0.0% | ADD 9% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| TSMTAIWAN SEMICONDUCTOR MFG LTD | 1.7M | 498K | 738K | 1.4M | 1.3M | 1.3M | $451M |
| LINLINDE PLC | 420K | 445K | 309K | 365K | 227K | 449K | $223M |
| ADIANALOG DEVICES INC | 280K | 197K | 146K | 151K | 635K | 664K | $211M |
| DALDELTA AIR LINES INC | 3.4M | 2.0M | 1.6M | 2.3M | 2.4M | 2.5M | $165M |
| SLBSCHLUMBERGER LTD | — | — | — | — | — | 3.0M | $152M |
| ARMARM HOLDINGS PLC | — | — | — | 60K | 472K | 936K | $142M |
| UALUNITED AIRLS HLDGS INC | — | — | 856K | 1.1M | 1.2M | 1.5M | $141M |
| TECKTECK RESOURCES LTD | — | — | — | 722K | 1.8M | 2.0M | $106M |
| SWSMURFIT WESTROCK PLC | 4.2M | 1.9M | 1.3M | 1.3M | 257K | 1.9M | $75M |
| GOLFACUSHNET HLDGS CORP | 563K | 542K | 540K | 530K | 530K | 523K | $49M |
| ETNEATON CORP PLC | 82K | — | — | — | 110K | 130K | $46M |
| IONQIONQ INC | 1.0M | 494K | 502K | 1.9M | 643K | 796K | $23M |
| TXNTEXAS INSTRS INC | 16K | 17K | 29K | 36K | 78K | 92K | $18M |
| AMZNAMAZON COM INC | 155K | 17K | 48K | 167K | 47K | 78K | $16M |
| BBARRICK MNG CORP | — | — | — | 266K | 266K | 343K | $14M |
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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