CIK 1631273
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2016-Q3. 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 | 77.30% | 16 |
| Banks | 10.87% | 3 |
| Pharmaceuticals & Biotechnology | 6.93% | 1 |
| Chemicals | 3.61% | 1 |
| Construction Materials | 1.30% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | AMERICAN CAPITAL LTD. | Unclassified | 16.56% | |
| 2 | GLD | SPDR GOLD TR | Unclassified | 14.04% |
| 3 | SLM | SLM Corp | Financials | 6.97% |
| 4 | NBIX | NEUROCRINE BIOSCIENCES INC | Health Care | 6.93% |
| 5 | HORIZON PHARMA PLC | Unclassified | 4.93% | |
| 6 | BARRICK GOLD CORP | Unclassified | 4.77% | |
| 7 | ALTISOURCE RESIDENTIAL CORP CL B | Unclassified | 4.30% | |
| 8 | NORTHSTAR ASSET | Unclassified | 4.25% | |
| 9 | AEGEAN MARINE PETROLEUM NETW | Unclassified | 3.98% | |
| 10 | Bunge Ltd | Unclassified | 3.75% |
6/22 names classified · sector 22.7% of weight · industry 22.7% · mkt cap 22.7%; 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: 22.7% of the book is sector-classified (unclassified names shown, never dropped).
Only 21% of book weight classified — the grid is NOT representative of the whole book.
Classified: 21.4% of book weight (5/9 names) · unclassified 78.6%: , GLD, GDX, TECK. 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 | AMERICAN CAPITAL LTD. | 285,000 | $5M | 16.6% | ADD 159% |
| 2 | GLDSPDR GOLD TR | 39,500 | $4M | 14.0% | NEW |
| 3 | SLMSLM CORP | 195,000 | $2M | 7.0% | NEW |
| 4 | NBIXNEUROCRINE BIOSCIENCES INC | 55,204 | $2M | 6.9% | ADD 114% |
| 5 | HORIZON PHARMA PLC | 93,900 | $2M | 4.9% | ADD 124% |
| 6 | BARRICK GOLD CORP | 92,000 | $1M | 4.8% | NEW |
| 7 | ALTISOURCE RESIDENTIAL CORP CL B | 120,000 | $1M | 4.3% | HOLD |
| 8 | NORTHSTAR ASSET | 87,914 | $1M | 4.3% | TRIM −48% |
| 9 | AEGEAN MARINE PETROLEUM NETW | 121,000 | $1M | 4.0% | NEW |
| 10 | Bunge Ltd | 16,000 | $1M | 3.7% | NEW |
| 11 | RITE AID CORP | 136,000 | $1M | 3.6% | NEW |
| 12 | GPREGREEN PLAINS INC | 40,000 | $1M | 3.6% | NEW |
| 13 | NEW YORK REIT INC | 107,300 | $1M | 3.5% | HOLD |
| 14 | GDXVANECK ETF TRUST GOLD MINERS ETF | 46,500 | $973,000 | 3.2% | NEW |
| 15 | VEREIT INC | 115,000 | $973,000 | 3.2% | NEW |
| 16 | PATRIOT NATL INC | 162,506 | $756,000 | 2.5% | ADD 24% |
| 17 | ENERGY TRANSFER PRTNRS L P | 20,000 | $716,000 | 2.3% | NEW |
| 18 | ALLYALLY FINL INC | 32,000 | $609,000 | 2.0% | NEW |
| 19 | CCITIGROUP INC | 10,000 | $594,000 | 1.9% | NEW |
| 20 | NEURODERM LTD | 22,700 | $504,000 | 1.6% | NEW |
| 21 | TECKTECK RESOURCES LTD | 19,958 | $400,000 | 1.3% | NEW |
| 22 | UNITED STATES STL CORP NEW | 8,000 | $264,000 | 0.9% | NEW |
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