CIK 1660086
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2023-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 |
|---|---|---|
| Banks | 35.04% | 3 |
| Unclassified | 21.90% | 5 |
| Transportation Infrastructure | 10.88% | 1 |
| Insurance | 10.84% | 1 |
| Utilities | 4.69% | 1 |
| Commercial Services & Supplies | 4.58% | 1 |
| Specialty Retail | 3.94% | 2 |
| Oil, Gas & Consumable Fuels | 3.33% | 1 |
| Pharmaceuticals & Biotechnology | 2.14% | 1 |
| Media & Entertainment | 1.63% | 1 |
| Health Care Equipment & Supplies | 0.90% | 1 |
| Household Durables | 0.14% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | C | CITIGROUP INC | Financials | 27.30% |
| 2 | WILC | G WILLI FOOD INTL LTD | Unclassified | 20.39% |
| 3 | EXPE | Expedia Group, Inc. | Industrials | 10.88% |
| 4 | GBLI | Global Indemnity Group, LLC | Financials | 10.84% |
| 5 | BUR | Burford Capital Ltd | Financials | 6.18% |
| 6 | ET | Energy Transfer LP | Utilities | 4.69% |
| 7 | BABA | Alibaba Group Holding Ltd | Industrials | 4.58% |
| 8 | GEL | GENESIS ENERGY LP | Energy | 3.33% |
| 9 | VIPS | Vipshop Holdings Ltd | Consumer Discretionary | 2.82% |
| 10 | VTRS | Viatris Inc | Health Care | 2.14% |
14/19 names classified · sector 78.1% of weight · industry 78.1% · mkt cap 67.5%; 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: 78.1% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 55.3% of book weight (5/16 names) · unclassified 44.7%: WILC, ET, BABA, GEL, VIPS, VTRS, TME, UBS, , REAL +1 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 | CCITIGROUP INC | 213,797 | $9M | 27.3% | HOLD |
| 2 | WILCG WILLI FOOD INTL LTD | 635,654 | $7M | 20.4% | HOLD |
| 3 | EXPEEXPEDIA GROUP INC | 34,000 | $4M | 10.9% | HOLD |
| 4 | GBLIGLOBAL INDEMNITY GROUP LLC | 101,622 | $3M | 10.8% | TRIM −27% |
| 5 | BURBURFORD CAP LTD | 142,147 | $2M | 6.2% | TRIM −10% |
| 6 | ETENERGY TRANSFER L P | 107,700 | $2M | 4.7% | HOLD |
| 7 | BABAALIBABA GROUP HLDG LTD | 17,000 | $1M | 4.6% | HOLD |
| 8 | GELGENESIS ENERGY L P | 103,948 | $1M | 3.3% | TRIM −25% |
| 9 | VIPSVIPSHOP HLDGS LTD | 56,810 | $909,528 | 2.8% | HOLD |
| 10 | VTRSVIATRIS INC | 70,000 | $690,200 | 2.1% | HOLD |
| 11 | TMETENCENT MUSIC ENTMT GROUP | 82,200 | $524,436 | 1.6% | HOLD |
| 12 | UBSUBS GROUP AG | 20,500 | $505,325 | 1.6% | HOLD |
| 13 | REALTHE REALREAL INC | 171,146 | $361,118 | 1.1% | TRIM −81% |
| 14 | SKINTHE BEAUTY HEALTH COMPANY | 48,118 | $289,670 | 0.9% | NEW |
| 15 | ALTISOURCE PORTFOLIO SOLUTIO | 43,211 | $172,412 | 0.5% | HOLD |
| 16 | BRIGHTCOVE INC | 43,100 | $141,799 | 0.4% | HOLD |
| 17 | FARMER BROS CO | 34,155 | $88,120 | 0.3% | HOLD |
| 18 | ICAD INC | 39,505 | $83,356 | 0.3% | HOLD |
| 19 | PRPLPURPLE INNOVATION INC | 25,623 | $43,815 | 0.1% | NEW |
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