CIK 1652327
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 |
|---|---|---|
| Software & IT Services | 22.79% | 3 |
| Specialty Retail | 18.55% | 3 |
| Banks | 17.42% | 2 |
| Food Products | 13.83% | 1 |
| Diversified Telecommunication Services | 10.77% | 1 |
| Media & Publishing | 6.30% | 1 |
| Tobacco | 5.79% | 1 |
| Unclassified | 3.41% | 1 |
| Construction & Engineering | 1.14% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | DAR | DARLING INGREDIENTS INC. | Consumer Staples | 13.83% |
| 2 | ENVA | Enova International, Inc. | Financials | 12.15% |
| 3 | CCOI | COGENT COMMUNICATIONS HOLDINGS, INC. | Communication Services | 10.77% |
| 4 | AMZN | AMAZON COM INC | Consumer Discretionary | 10.41% |
| 5 | META | Meta Platforms, Inc. | Communication Services | 10.08% |
| 6 | GOOG | Alphabet Inc. | Communication Services | 7.55% |
| 7 | NWSA | NEWS CORP | Communication Services | 6.30% |
| 8 | RUSHA | RUSH ENTERPRISES INC \TX\ | Consumer Discretionary | 6.26% |
| 9 | TPB | Turning Point Brands, Inc. | Consumer Staples | 5.79% |
| 10 | HAPN | Happen, Inc. | Financials | 5.27% |
13/14 names classified · sector 96.6% of weight · industry 96.6% · mkt cap 96.6%; 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: 96.6% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 89.6% of book weight (11/14 names) · unclassified 10.4%: PPLI, UHAL.B, DIBS. 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 | DARDARLING INGREDIENTS INC | 425,000 | $26M | 13.8% | TRIM −54% |
| 2 | ENVAENOVA INTL INC | 170,000 | $23M | 12.1% | TRIM −25% |
| 3 | CCOICOGENT COMMUNICATIONS HLDGS | 1,087,000 | $20M | 10.8% | TRIM −22% |
| 4 | AMZNAMAZON COM INC | 95,000 | $20M | 10.4% | TRIM −24% |
| 5 | METAMETA PLATFORMS INC | 33,500 | $19M | 10.1% | TRIM −25% |
| 6 | GOOGALPHABET INC | 50,000 | $14M | 7.5% | TRIM −26% |
| 7 | NWSANEWS CORP NEW | 480,000 | $12M | 6.3% | TRIM −20% |
| 8 | RUSHARUSH ENTERPRISES INC | 180,000 | $12M | 6.3% | TRIM −20% |
| 9 | TPBTURNING PT BRANDS INC | 126,808 | $11M | 5.8% | TRIM −30% |
| 10 | HAPNLENDINGCLUB CORP | 700,000 | $10M | 5.3% | TRIM −19% |
| 11 | PPLIIAC INC | 245,000 | $10M | 5.2% | TRIM −22% |
| 12 | UHAL.BU HAUL HOLDING COMPANY | 145,000 | $6M | 3.4% | TRIM −22% |
| 13 | DIBS1STDIBS COM INC | 650,000 | $4M | 1.9% | HOLD |
| 14 | LGIHLGI HOMES INC | 55,000 | $2M | 1.1% | TRIM −21% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| DARDARLING INGREDIENTS INC | — | — | 835K | 915K | 915K | 425K | $26M |
| ENVAENOVA INTL INC | 302K | 226K | 226K | 226K | 226K | 170K | $23M |
| CCOICOGENT COMMUNICATIONS HLDGS | 1.0M | 885K | 855K | 875K | 1.4M | 1.1M | $20M |
| AMZNAMAZON COM INC | 149K | 129K | 124K | 124K | 124K | 95K | $20M |
| METAMETA PLATFORMS INC | 54K | 45K | 45K | 45K | 45K | 34K | $19M |
| GOOGALPHABET INC | 118K | 98K | 73K | 68K | 68K | 50K | $14M |
| NWSANEWS CORP NEW | 757K | 622K | 622K | 622K | 602K | 480K | $12M |
| RUSHARUSH ENTERPRISES INC | 290K | 225K | 225K | 225K | 225K | 180K | $12M |
| TPBTURNING PT BRANDS INC | 182K | 182K | 182K | 182K | 182K | 127K | $11M |
| HAPNLENDINGCLUB CORP | 1.1M | 1.0M | 860K | 860K | 860K | 700K | $10M |
| PPLIIAC INC | 545K | 490K | 490K | 490K | 315K | 245K | $10M |
| UHAL/BU HAUL HOLDING COMPANY | 230K | 185K | 185K | 185K | 185K | 145K | $6M |
| DIBS1STDIBS COM INC | 500K | 500K | 500K | 610K | 660K | 650K | $4M |
| LGIHLGI HOMES INC | 46K | 70K | 70K | 70K | 70K | 55K | $2M |
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.
