CIK 1741619
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 |
|---|---|---|
| Unclassified | 31.02% | 5 |
| Metals & Mining | 24.69% | 5 |
| Machinery | 10.53% | 1 |
| Semiconductors & Semiconductor Equipment | 9.05% | 1 |
| Marine | 6.91% | 1 |
| Utilities | 6.37% | 1 |
| Banks | 5.97% | 1 |
| Aerospace & Defense | 5.46% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ECO | OKEANIS ECO TANKERS COR | Unclassified | 11.48% |
| 2 | EFXT | Enerflex Ltd. | Industrials | 10.53% |
| 3 | TSEM | Tower Semiconductor Ltd | Information Technology | 9.05% |
| 4 | GLNG | GOLAR LNG LTD | Industrials | 6.91% |
| 5 | FRO | Frontline, LTD. | Unclassified | 6.73% |
| 6 | CAMT | CAMTEK LTD | Unclassified | 6.71% |
| 7 | NXE | NexGen Energy Ltd. | Materials | 6.49% |
| 8 | ENLT | Enlight Renewable Energy Ltd. | Utilities | 6.37% |
| 9 | SII | SPROTT INC. | Financials | 5.97% |
| 10 | LAR | LITHIUM ARGENTINA AG | Unclassified | 5.95% |
11/16 names classified · sector 69.0% of weight · industry 69.0% · mkt cap 42.9%; 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 0% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.0% of book weight (0/16 names) · unclassified 100.0%: ECO, EFXT, TSEM, GLNG, FRO, CAMT, NXE, ENLT, SII, LAR +6 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 | ECOOKEANIS ECO TANKERS COR | 107,025 | $5M | 11.5% | NEW |
| 2 | EFXTENERFLEX LTD | 238,208 | $5M | 10.5% | TRIM −13% |
| 3 | TSEMTOWER SEMICONDUCTOR LTD | 24,308 | $4M | 9.0% | HOLD |
| 4 | GLNGGOLAR LNG LTD BERMUDA | 60,221 | $3M | 6.9% | NEW |
| 5 | FROFrontline, LTD. | 91,062 | $3M | 6.7% | NEW |
| 6 | CAMTCAMTEK LTD | 20,861 | $3M | 6.7% | NEW |
| 7 | NXENEXGEN ENERGY LTD | 264,424 | $3M | 6.5% | NEW |
| 8 | ENLTENLIGHT RENEWABLE ENERGY LTD | 45,298 | $3M | 6.4% | TRIM −44% |
| 9 | SIISPROTT INC | 19,788 | $3M | 6.0% | NEW |
| 10 | LARLITHIUM ARGENTINA AG | 421,316 | $3M | 6.0% | NEW |
| 11 | TATTTAT TECHNOLOGIES LTD | 63,354 | $3M | 5.5% | NEW |
| 12 | KGCKINROSS GOLD CORP | 80,119 | $2M | 5.2% | TRIM −38% |
| 13 | HBMHUDBAY MINERALS INC | 115,759 | $2M | 5.1% | TRIM −45% |
| 14 | EGOELDORADO GOLD CORP NEW | 56,128 | $2M | 4.1% | TRIM −52% |
| 15 | FSMFORTUNA MNG CORP | 181,802 | $2M | 3.8% | NEW |
| 16 | TASEKO MINES LTD | 10,045 | $64,853 | 0.1% | TRIM −75% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| ECOOKEANIS ECO TANKERS COR | — | — | — | — | — | 107K | $5M |
| EFXTENERFLEX LTD | 380K | — | — | — | 275K | 238K | $5M |
| TSEMTOWER SEMICONDUCTOR LTD | 56K | — | — | 48K | 25K | 24K | $4M |
| GLNGGOLAR LNG LTD BERMUDA | 137K | — | — | — | — | 60K | $3M |
| FROFrontline, LTD. | — | — | — | — | — | 91K | $3M |
| CAMTCAMTEK LTD | — | — | — | — | — | 21K | $3M |
| NXENEXGEN ENERGY LTD | — | — | — | — | — | 264K | $3M |
| ENLTENLIGHT RENEWABLE ENERGY LTD | — | — | — | — | 81K | 45K | $3M |
| SIISPROTT INC | — | — | — | — | — | 20K | $3M |
| LARLITHIUM ARGENTINA AG | — | — | — | — | — | 421K | $3M |
| TATTTAT TECHNOLOGIES LTD | 14K | — | — | — | — | 63K | $3M |
| KGCKINROSS GOLD CORP | — | 193K | 180K | 151K | 129K | 80K | $2M |
| HBMHUDBAY MINERALS INC | — | — | — | 234K | 209K | 116K | $2M |
| EGOELDORADO GOLD CORP NEW | — | — | — | 115K | 117K | 56K | $2M |
| FSMFORTUNA MNG CORP | — | — | — | — | — | 182K | $2M |
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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