CIK 1658363
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 |
|---|---|---|
| Technology Hardware & Equipment | 23.90% | 4 |
| Metals & Mining | 23.17% | 7 |
| Road & Rail | 7.32% | 4 |
| Specialty Retail | 6.68% | 3 |
| Insurance | 5.87% | 5 |
| Paper & Forest Products | 4.42% | 3 |
| Tobacco | 4.25% | 2 |
| Health Care Providers & Services | 3.63% | 1 |
| Chemicals | 2.65% | 2 |
| Food & Staples Retailing | 2.45% | 1 |
| Automobiles & Components | 2.38% | 2 |
| Commercial Services & Supplies | 2.22% | 2 |
| Transportation Infrastructure | 2.03% | 1 |
| Distributors | 1.97% | 1 |
| Aerospace & Defense | 1.75% | 1 |
| Banks | 1.45% | 1 |
| Unclassified | 1.21% | 1 |
| Hotels, Restaurants & Leisure | 1.16% | 1 |
| Household Durables | 1.04% | 1 |
| Coal & Consumable Fuels | 0.43% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | WDC | WESTERN DIGITAL CORP | Information Technology | 12.32% |
| 2 | EQX | EQUINOX GOLD CORP | Materials | 9.14% |
| 3 | STX | Seagate Technology Holdings plc | Information Technology | 6.81% |
| 4 | CLF | CLEVELAND-CLIFFS INC. | Materials | 5.70% |
| 5 | TFII | TFI INTERNATIONAL INC | Industrials | 4.81% |
| 6 | BKD | Brookdale Senior Living Inc. | Health Care | 3.63% |
| 7 | SNDK | Sandisk Corp | Information Technology | 3.44% |
| 8 | BTI | British American Tobacco p.l.c. | Consumer Staples | 3.02% |
| 9 | JD | JD.Com, Inc. | Consumer Discretionary | 2.91% |
| 10 | LPX | LOUISIANA-PACIFIC CORP | Materials | 2.63% |
43/44 names classified · sector 98.8% of weight · industry 98.8% · mkt cap 76.5%; 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: 98.8% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 56.4% of book weight (29/44 names) · unclassified 43.6%: EQX, CLF, TFII, BKD, SNDK, BTI, JD, MT, ASTL, RKT +5 more. 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 | WDCWESTERN DIGITAL CORP | 1,400,434 | $379M | 12.3% | TRIM −41% |
| 2 | EQXEQUINOX GOLD CORP | 19,424,648 | $281M | 9.1% | TRIM −4% |
| 3 | STXSEAGATE TECHNOLOGY HLDNGS PL | 533,985 | $209M | 6.8% | TRIM −20% |
| 4 | CLFCLEVELAND-CLIFFS INC NEW | 20,745,557 | $175M | 5.7% | ADD 68% |
| 5 | TFIITFI INTL INC | 1,361,831 | $148M | 4.8% | NEW |
| 6 | BKDBROOKDALE SR LIVING INC | 8,157,148 | $112M | 3.6% | TRIM −4% |
| 7 | SNDKSANDISK CORP | 166,500 | $106M | 3.4% | TRIM −66% |
| 8 | BTIBRITISH AMERN TOB PLC | 1,589,100 | $93M | 3.0% | TRIM −4% |
| 9 | JDJD.COM INC | 3,026,262 | $89M | 2.9% | ADD 58% |
| 10 | LPXLOUISIANA PAC CORP | 1,112,559 | $81M | 2.6% | ADD 89% |
| 11 | CVSCVS HEALTH CORP | 1,048,100 | $75M | 2.4% | ADD 28% |
| 12 | MTARCELORMITTAL SA LUXEMBOURG | 1,414,265 | $74M | 2.4% | TRIM −13% |
| 13 | AAPADVANCE AUTO PARTS INC | 1,298,140 | $68M | 2.2% | TRIM −4% |
| 14 | ASTLALGOMA STL GROUP INC | 15,930,818 | $66M | 2.1% | ADD 10% |
| 15 | XPOXPO INC | 320,242 | $62M | 2.0% | NEW |
| 16 | LKQLKQ CORP | 2,065,565 | $61M | 2.0% | ADD 97% |
| 17 | AAAlcoa Upstream Corp. | 903,320 | $60M | 1.9% | TRIM −72% |
| 18 | HUMHUMANA INC | 344,800 | $60M | 1.9% | ADD 100% |
| 19 | UNHUNITEDHEALTH GROUP INC | 215,400 | $58M | 1.9% | ADD 292% |
| 20 | LYFTLYFT INC | 4,124,703 | $55M | 1.8% | TRIM −4% |
| 21 | WABWABTEC | 215,400 | $54M | 1.8% | NEW |
| 22 | ASOACADEMY SPORTS & OUTDOORS IN | 840,000 | $47M | 1.5% | NEW |
| 23 | RKTROCKET COS INC | 3,133,200 | $45M | 1.5% | ADD 72% |
| 24 | NGVTINGEVITY CORP | 603,303 | $43M | 1.4% | TRIM −11% |
| 25 | RUNSUNRUN INC | 3,002,100 | $41M | 1.3% | TRIM −44% |
| 26 | ARCBARCBEST CORP | 404,346 | $40M | 1.3% | ADD 181% |
| 27 | GTGOODYEAR TIRE & RUBR CO | 5,817,063 | $39M | 1.3% | ADD 46% |
| 28 | TPBTURNING PT BRANDS INC | 436,000 | $38M | 1.2% | ADD 9% |
| 29 | ICLRICON PLC | 335,300 | $37M | 1.2% | NEW |
| 30 | BTGB2GOLD CORP | 8,158,600 | $37M | 1.2% | NEW |
| 31 | THOTHOR INDS INC | 461,864 | $37M | 1.2% | ADD 170% |
| 32 | WGOWINNEBAGO INDS INC | 1,169,831 | $36M | 1.2% | NEW |
| 33 | RYAMRAYONIER ADVANCED MATLS INC | 3,256,889 | $36M | 1.2% | NEW |
| 34 | LVSLAS VEGAS SANDS CORP | 662,824 | $36M | 1.2% | TRIM −52% |
| 35 | WHRWHIRLPOOL CORP | 593,200 | $32M | 1.0% | ADD 47% |
| 36 | MOHMOLINA HEALTHCARE INC | 169,700 | $23M | 0.7% | TRIM −25% |
| 37 | CNCCENTENE CORP DEL | 656,579 | $21M | 0.7% | TRIM −35% |
| 38 | KNXKNIGHT-SWIFT TRANSN HLDGS IN | 366,095 | $21M | 0.7% | NEW |
| 39 | NUENUCOR CORP | 117,212 | $20M | 0.6% | NEW |
| 40 | FBINFORTUNE BRANDS INNOVATIONS I | 485,782 | $19M | 0.6% | NEW |
| 41 | ELVELEVANCE HEALTH INC FORMERLY | 62,000 | $18M | 0.6% | NEW |
| 42 | WERNWERNER ENTERPRISES INC | 553,367 | $16M | 0.5% | TRIM −30% |
| 43 | CARAVIS BUDGET GROUP | 92,248 | $13M | 0.4% | NEW |
| 44 | HCCWARRIOR MET COAL INC | 143,059 | $13M | 0.4% | TRIM −91% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| WDCWESTERN DIGITAL CORP | 3.0M | 3.2M | 3.7M | 2.6M | 2.4M | 1.4M | $379M |
| EQXEQUINOX GOLD CORP | 8.8M | 7.1M | 14.3M | 16.6M | 20.2M | 19.4M | $281M |
| STXSEAGATE TECHNOLOGY HLDNGS PL | 275K | 611K | 1.1M | 740K | 666K | 534K | $209M |
| CLFCLEVELAND-CLIFFS INC NEW | — | — | 8.4M | 6.5M | 12.4M | 20.7M | $175M |
| TFIITFI INTL INC | 508K | 1.1M | 1.1M | 1.1M | — | 1.4M | $148M |
| BKDBROOKDALE SR LIVING INC | — | — | 6.6M | 6.3M | 8.5M | 8.2M | $112M |
| SNDKSANDISK CORP | — | 248K | 552K | 743K | 488K | 167K | $106M |
| BTIBRITISH AMERN TOB PLC | — | — | 1.3M | 1.2M | 1.7M | 1.6M | $93M |
| JDJD.COM INC | 1.2M | 919K | 1.8M | 2.2M | 1.9M | 3.0M | $89M |
| LPXLOUISIANA PAC CORP | — | 161K | 144K | 241K | 589K | 1.1M | $81M |
| CVSCVS HEALTH CORP | — | — | — | — | 816K | 1.0M | $75M |
| MTARCELORMITTAL SA LUXEMBOURG | — | — | — | 1.1M | 1.6M | 1.4M | $74M |
| AAPADVANCE AUTO PARTS INC | 232K | 218K | 157K | 952K | 1.4M | 1.3M | $68M |
| ASTLALGOMA STL GROUP INC | 6.1M | 7.1M | 8.4M | 10.4M | 14.4M | 15.9M | $66M |
| XPOXPO INC | — | — | — | — | — | 320K | $62M |
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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