CIK 1764525
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 |
|---|---|---|
| Diversified Telecommunication Services | 54.21% | 1 |
| Capital Markets | 28.90% | 4 |
| Banks | 16.80% | 2 |
| Commercial Services & Supplies | 0.09% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VSAT | VIASAT INC | Communication Services | 54.21% |
| 2 | APO | Apollo Global Management, Inc. | Financials | 15.39% |
| 3 | RKT | Rocket Companies, Inc. | Financials | 14.99% |
| 4 | KKR | KKR & Co. Inc. | Financials | 5.72% |
| 5 | OWL | BLUE OWL CAPITAL INC. | Financials | 5.28% |
| 6 | ARES | Ares Management Corp | Financials | 2.51% |
| 7 | AFRM | Affirm Holdings, Inc. | Financials | 1.81% |
| 8 | KPLT | Katapult Holdings, Inc. | Industrials | 0.09% |
8/8 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 97.5%; 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: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Only 22% of book weight classified — the grid is NOT representative of the whole book.
Classified: 22.5% of book weight (3/8 names) · unclassified 77.5%: VSAT, RKT, KKR, ARES, KPLT. 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 | VSATVIASAT INC | 4,500,000 | $206M | 54.2% | TRIM −24% |
| 2 | APOAPOLLO GLOBAL MGMT INC | 525,000 | $58M | 15.4% | ADD 17% |
| 3 | RKTROCKET COS INC | 4,000,000 | $57M | 15.0% | ADD 13% |
| 4 | KKRKKR & CO INC | 235,000 | $22M | 5.7% | NEW |
| 5 | OWLBLUE OWL CAPITAL INC | 2,200,000 | $20M | 5.3% | ADD 178% |
| 6 | ARESARES MANAGEMENT CORPORATION | 87,500 | $10M | 2.5% | NEW |
| 7 | AFRMAFFIRM HLDGS INC | 150,000 | $7M | 1.8% | NEW |
| 8 | KPLTKATAPULT HOLDINGS INC | 50,000 | $353,000 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| VSATVIASAT INC | — | 3.8M | 6.0M | 6.0M | 6.0M | 4.5M | $206M |
| APOAPOLLO GLOBAL MGMT INC | 400K | 325K | 410K | 425K | 450K | 525K | $58M |
| RKTROCKET COS INC | — | — | — | — | 3.5M | 4.0M | $57M |
| KKRKKR & CO INC | — | — | — | — | — | 235K | $22M |
| OWLBLUE OWL CAPITAL INC | — | — | — | — | 792K | 2.2M | $20M |
| ARESARES MANAGEMENT CORPORATION | — | — | — | — | — | 88K | $10M |
| AFRMAFFIRM HLDGS INC | — | — | — | — | — | 150K | $7M |
| KPLTKATAPULT HOLDINGS INC | — | — | — | — | 50K | 50K | $353,000 |
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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