CIK 1693838
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 |
|---|---|---|
| Health Care Equipment & Supplies | 35.16% | 1 |
| Banks | 30.93% | 2 |
| Unclassified | 30.85% | 7 |
| Software & IT Services | 3.06% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | PEN | Penumbra Inc | Health Care | 35.16% |
| 2 | CLBK | Columbia Financial, Inc. | Financials | 26.79% |
| 3 | IBIT | ISHARES BITCOIN TRUST ETF | Unclassified | 7.99% |
| 4 | GAB | GABELLI EQUITY TR INC | Unclassified | 6.30% |
| 5 | SGOV | ISHARES TR | Unclassified | 4.62% |
| 6 | NFBK | Northfield Bancorp, Inc. | Financials | 4.14% |
| 7 | WIX | WIX COM LTD | Unclassified | 4.13% |
| 8 | XCAFX | MORGAN STANLEY CHINA A SH FD | Unclassified | 3.75% |
| 9 | WHEELER REAL ESTATE INVT TR | Unclassified | 3.40% | |
| 10 | PPLI | People Inc | Information Technology | 3.06% |
4/11 names classified · sector 69.2% of weight · industry 69.2% · mkt cap 42.4%; 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: 69.2% of the book is sector-classified (unclassified names shown, never dropped).
Only 39% of book weight classified — the grid is NOT representative of the whole book.
Classified: 39.3% of book weight (2/11 names) · unclassified 60.7%: CLBK, IBIT, GAB, SGOV, WIX, XCAFX, , PPLI, GAB-R. 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 | PENPENUMBRA INC | 35,000 | $11M | 35.2% | NEW |
| 2 | CLBKCOLUMBIA FINL INC | 500,000 | $9M | 26.8% | NEW |
| 3 | IBITISHARES BITCOIN TRUST ETF | 68,000 | $3M | 8.0% | ADD 19% |
| 4 | GABGABELLI EQUITY TR INC | 367,924 | $2M | 6.3% | NEW |
| 5 | SGOVISHARES TR | 15,000 | $2M | 4.6% | NEW |
| 6 | NFBKNORTHFIELD BANCORP INC DEL | 100,000 | $1M | 4.1% | NEW |
| 7 | WIXWIX COM LTD | 15,000 | $1M | 4.1% | NEW |
| 8 | XCAFXMORGAN STANLEY CHINA A SH FD | 70,100 | $1M | 3.8% | NEW |
| 9 | WHEELER REAL ESTATE INVT TR | 160,000 | $1M | 3.4% | ADD 8% |
| 10 | PPLIIAC INC | 25,000 | $1M | 3.1% | TRIM −67% |
| 11 | GAB-RGABELLI EQUITY TR INC RIGHTS | 29,991,406 | $209,940 | 0.6% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| PENPENUMBRA INC | — | — | — | — | — | 35K | $11M |
| CLBKCOLUMBIA FINL INC | — | — | — | — | — | 500K | $9M |
| IBITISHARES BITCOIN TRUST ETF | — | 36K | 38K | 55K | 57K | 68K | $3M |
| GABGABELLI EQUITY TR INC | — | — | — | — | — | 368K | $2M |
| SGOVISHARES TR | — | 6K | — | — | — | 15K | $2M |
| NFBKNORTHFIELD BANCORP INC DEL | — | — | — | — | — | 100K | $1M |
| WIXWIX COM LTD | — | — | — | — | — | 15K | $1M |
| XCAFXMORGAN STANLEY CHINA A SH FD | — | — | — | — | — | 70K | $1M |
| WHEELER REAL ESTATE INVT TR | 200K | — | 125K | 197K | 149K | 160K | $1M |
| PPLIIAC INC | 15K | 24K | — | — | 75K | 25K | $1M |
| GAB-RGABELLI EQUITY TR INC RIGHTS | — | — | — | — | — | 30.0M | $209,940 |
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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