CIK 1638902
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2017-Q2. 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 |
|---|---|---|
| Specialty Retail | 25.20% | 2 |
| Hotels, Restaurants & Leisure | 18.96% | 1 |
| Construction & Engineering | 15.38% | 2 |
| Unclassified | 12.68% | 3 |
| Airlines | 11.91% | 2 |
| Software & IT Services | 8.66% | 1 |
| Transportation Infrastructure | 6.84% | 1 |
| Textiles, Apparel & Luxury Goods | 0.37% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | QSR | Restaurant Brands International Inc. | Consumer Discretionary | 18.96% |
| 2 | DLTR | DOLLAR TREE, INC. | Consumer Discretionary | 13.73% |
| 3 | KMX | CARMAX INC | Consumer Discretionary | 11.47% |
| 4 | LEN | LENNAR CORP /NEW/ | Industrials | 10.08% |
| 5 | SKECHERS U S A INC CL A | Unclassified | 8.93% | |
| 6 | MTCH | Match Group, Inc. | Information Technology | 8.66% |
| 7 | EXPE | Expedia Group, Inc. | Industrials | 6.84% |
| 8 | DAL | DELTA AIR LINES, INC. | Industrials | 6.39% |
| 9 | LUV | SOUTHWEST AIRLINES CO | Industrials | 5.53% |
| 10 | DHI | HORTON D R INC /DE/ | Industrials | 5.30% |
10/13 names classified · sector 87.3% of weight · industry 87.3% · mkt cap 87.0%; 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: 87.3% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 87.0% of book weight (9/11 names) · unclassified 13.0%: , GOOS. 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 | QSRRESTAURANT BRANDS INTL INC | 1,021,105 | $65M | 19.0% | ADD 22% |
| 2 | DLTRDOLLAR TREE INC | 544,266 | $47M | 13.7% | NEW |
| 3 | KMXCARMAX INC | 520,756 | $39M | 11.5% | NEW |
| 4 | LENLENNAR CORP | 657,229 | $35M | 10.1% | NEW |
| 5 | SKECHERS U S A INC CL A | 1,224,461 | $31M | 8.9% | TRIM −36% |
| 6 | MTCHMatch Group | 1,285,250 | $30M | 8.7% | TRIM −3% |
| 7 | EXPEEXPEDIA GROUP INC | 163,502 | $24M | 6.8% | NEW |
| 8 | DALDELTA AIR LINES INC | 455,681 | $22M | 6.4% | NEW |
| 9 | LUVSOUTHWEST AIRLS CO | 339,757 | $19M | 5.5% | TRIM −31% |
| 10 | DHID R HORTON INC | 456,464 | $18M | 5.3% | NEW |
| 11 | TRIVAGO N V SPON ADS A SHS N | 832,214 | $9M | 2.6% | NEW |
| 12 | CZR | 290,525 | $4M | 1.1% | NEW |
| 13 | GOOSCANADA GOOSE HOLDINGS INC | 61,500 | $1M | 0.4% | NEW |
Where this firm's principals came from and which firms its alumni went on to found.
