CIK 1730745
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2019-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 |
|---|---|---|
| Unclassified | 31.01% | 10 |
| Utilities | 17.74% | 2 |
| Software & IT Services | 12.86% | 1 |
| Specialty Retail | 11.49% | 2 |
| Oil, Gas & Consumable Fuels | 10.56% | 1 |
| Commercial Services & Supplies | 6.58% | 1 |
| Aerospace & Defense | 2.27% | 1 |
| Semiconductors & Semiconductor Equipment | 1.93% | 1 |
| Textiles, Apparel & Luxury Goods | 1.82% | 2 |
| Entertainment | 1.26% | 1 |
| Pharmaceuticals & Biotechnology | 1.25% | 1 |
| Airlines | 1.25% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ET | Energy Transfer LP | Utilities | 15.96% |
| 2 | TWO HARBORS INVESTMENT CORP | Unclassified | 12.95% | |
| 3 | GOOGL | Alphabet Inc. | Communication Services | 12.86% |
| 4 | MPLX | MPLX LP | Energy | 10.56% |
| 5 | AMZN | AMAZON COM INC | Consumer Discretionary | 10.20% |
| 6 | BABA | Alibaba Group Holding Ltd | Industrials | 6.58% |
| 7 | IWM | ISHARES TR | Unclassified | 3.84% |
| 8 | Intelsat | Unclassified | 2.91% | |
| 9 | XLF | SELECT SECTOR SPDR TR | Unclassified | 2.60% |
| 10 | IYT | ISHARES TR | Unclassified | 2.58% |
14/24 names classified · sector 69.0% of weight · industry 69.0% · mkt cap 62.4%; 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: 69.0% of the book is sector-classified (unclassified names shown, never dropped).
Only 36% of book weight classified — the grid is NOT representative of the whole book.
Classified: 35.9% of book weight (11/19 names) · unclassified 64.1%: , ET, MPLX, BABA, IWM, XLF, IYT, SMH. 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 | ETENERGY TRANSFER L P | 924,518 | $12M | 16.0% | ADD 9% |
| 2 | TWO HARBORS INVESTMENT CORP | 747,119 | $10M | 12.9% | HOLD |
| 3 | GOOGLALPHABET INC | 7,976 | $10M | 12.9% | TRIM −8% |
| 4 | MPLXMPLX LP | 285,500 | $8M | 10.6% | ADD 31% |
| 5 | AMZNAMAZON COM INC | 4,450 | $8M | 10.2% | HOLD |
| 6 | BABAALIBABA GROUP HLDG LTD | 29,800 | $5M | 6.6% | HOLD |
| 7 | IWMISHARES TR | 19,200 | $3M | 3.8% | NEW |
| 8 | Intelsat | 96,600 | $2M | 2.9% | HOLD |
| 9 | XLFSELECT SECTOR SPDR TR | 70,300 | $2M | 2.6% | NEW |
| 10 | IYTISHARES TR | 10,500 | $2M | 2.6% | NEW |
| 11 | TDGTRANSDIGM GROUP INC | 3,300 | $2M | 2.3% | ADD 14% |
| 12 | NVDANVIDIA CORPORATION | 8,400 | $1M | 1.9% | NEW |
| 13 | M D C HLDGS INC | 31,900 | $1M | 1.8% | NEW |
| 14 | LNGCheniere Energy, Inc | 21,300 | $1M | 1.8% | ADD 29% |
| 15 | LULULULULEMON ATHLETICA INC | 5,100 | $982,000 | 1.3% | NEW |
| 16 | ULTAULTA BEAUTY INC | 3,900 | $978,000 | 1.3% | ADD 144% |
| 17 | GLOBAL X FTSE GREECE 20 ETF | 104,700 | $977,000 | 1.3% | NEW |
| 18 | SMHVANECK ETF TRUST | 8,200 | $977,000 | 1.3% | NEW |
| 19 | MARVELL TECHNOLOGY GROUP LTD | 38,300 | $956,000 | 1.3% | HOLD |
| 20 | DISDISNEY WALT CO | 7,300 | $951,000 | 1.3% | HOLD |
| 21 | ZTSZOETIS INC | 7,600 | $947,000 | 1.3% | ADD 36% |
| 22 | UALUNITED AIRLS HLDGS INC | 10,700 | $946,000 | 1.2% | HOLD |
| 23 | PVHPVH CORPORATION | 4,500 | $397,000 | 0.5% | NEW |
| 24 | ROAN RES INC | 300,040 | $369,000 | 0.5% | TRIM −12% |
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