CIK 1688153
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2017-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 |
|---|---|---|
| Unclassified | 26.80% | 6 |
| Metals & Mining | 23.00% | 6 |
| Chemicals | 20.08% | 3 |
| Oil, Gas & Consumable Fuels | 7.82% | 2 |
| Construction Materials | 6.64% | 1 |
| Hotels, Restaurants & Leisure | 6.50% | 2 |
| Utilities | 5.00% | 1 |
| Diversified Telecommunication Services | 2.58% | 1 |
| Banks | 1.57% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ROYAL DUTCH SHELL PLC | Unclassified | 9.52% | |
| 2 | WLK | WESTLAKE CORP | Materials | 8.85% |
| 3 | LYB | LyondellBasell Industries N.V. | Materials | 8.17% |
| 4 | DOWDUPONT INC | Unclassified | 8.02% | |
| 5 | MT | Arcelormittal | Materials | 7.31% |
| 6 | SU | SUNCOR ENERGY INC | Energy | 6.83% |
| 7 | TECK | TECK RESOURCES LTD | Materials | 6.64% |
| 8 | NUE | NUCOR CORP | Materials | 5.34% |
| 9 | LNG | Cheniere Energy, Inc. | Utilities | 5.00% |
| 10 | MGM | MGM Resorts International | Consumer Discretionary | 4.88% |
17/23 names classified · sector 73.2% of weight · industry 73.2% · mkt cap 59.1%; 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: 73.2% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 52.4% of book weight (14/18 names) · unclassified 47.6%: , MT, SU, 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 | ROYAL DUTCH SHELL PLC | 460,025 | $29M | 9.5% | NEW |
| 2 | WLKWESTLAKE CORPORATION | 245,500 | $27M | 8.8% | ADD 105% |
| 3 | LYBLYONDELLBASELL INDUSTRIES N | 238,500 | $25M | 8.2% | ADD 318% |
| 4 | DOWDUPONT INC | 388,530 | $25M | 8.0% | ADD 600% |
| 5 | MTARCELORMITTAL SA LUXEMBOURG | 709,225 | $23M | 7.3% | ADD 105% |
| 6 | SUSUNCOR ENERGY INC NEW | 610,400 | $21M | 6.8% | NEW |
| 7 | TECKTECK RESOURCES LTD | 795,600 | $20M | 6.6% | NEW |
| 8 | NUENUCOR CORP | 269,400 | $16M | 5.3% | ADD 19% |
| 9 | LNGCheniere Energy, Inc | 288,400 | $15M | 5.0% | ADD 89% |
| 10 | MGMMGM RESORTS INTERNATIONAL | 429,800 | $15M | 4.9% | TRIM −3% |
| 11 | CZR | 1,114,419 | $13M | 4.1% | ADD 76% |
| 12 | AAAlcoa Upstream Corp. | 256,958 | $12M | 3.7% | TRIM −20% |
| 13 | FCXFREEPORT MCMORAN INC | 599,800 | $11M | 3.4% | NEW |
| 14 | HUNHUNTSMAN CORP | 323,250 | $9M | 3.1% | ADD 13% |
| 15 | UNITED STATES STL CORP NEW | 248,000 | $9M | 2.8% | ADD 310% |
| 16 | STLDSTEEL DYNAMICS INC | 186,105 | $8M | 2.7% | TRIM −34% |
| 17 | TMUST-MOBILE US INC | 130,200 | $8M | 2.6% | TRIM −47% |
| 18 | BYDBOYD GAMING CORP | 157,389 | $5M | 1.6% | NEW |
| 19 | BACBANK AMERICA CORP | 162,000 | $5M | 1.6% | NEW |
| 20 | TURQUOISE HILL RESOURCES LTD | 1,417,300 | $4M | 1.4% | ADD 53% |
| 21 | EOGEOG RES INC | 28,800 | $3M | 1.0% | NEW |
| 22 | PIONEER NAT RES CO | 17,200 | $3M | 1.0% | NEW |
| 23 | CENXCENTURY ALUM CO | 98,150 | $2M | 0.5% | ADD 73% |
Where this firm's principals came from and which firms its alumni went on to found.
