CIK 1786767
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 |
|---|---|---|
| Commercial Services & Supplies | 23.22% | 2 |
| Real Estate Management & Development | 19.50% | 1 |
| Specialty Retail | 15.20% | 1 |
| Banks | 12.14% | 1 |
| Chemicals | 8.52% | 1 |
| Unclassified | 8.16% | 2 |
| Diversified Consumer Services | 7.12% | 1 |
| Software | 6.14% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VAC | MARRIOTT VACATIONS WORLDWIDE Corp | Real Estate | 19.50% |
| 2 | WEX | WEX Inc. | Industrials | 18.95% |
| 3 | ABG | ASBURY AUTOMOTIVE GROUP INC | Consumer Discretionary | 15.20% |
| 4 | SLM | SLM Corp | Financials | 12.14% |
| 5 | WMS | ADVANCED DRAINAGE SYSTEMS, INC. | Materials | 8.52% |
| 6 | LRN | Stride, Inc. | Consumer Discretionary | 7.12% |
| 7 | GTLB | Gitlab Inc. | Information Technology | 6.14% |
| 8 | IWM | ISHARES TR | Unclassified | 4.54% |
| 9 | CART | Maplebear Inc. | Industrials | 4.27% |
| 10 | ICLR | ICON PLC | Unclassified | 3.62% |
8/10 names classified · sector 91.8% of weight · industry 91.8% · mkt cap 91.8%; 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: 91.8% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 85.7% of book weight (7/10 names) · unclassified 14.3%: GTLB, IWM, ICLR. 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 | VACMARRIOTT VACATIONS WORLDWIDE | 4,129,984 | $269M | 19.5% | HOLD |
| 2 | WEXWEX INC | 1,707,253 | $261M | 18.9% | TRIM −22% |
| 3 | ABGASBURY AUTOMOTIVE GROUP INC | 1,072,684 | $210M | 15.2% | TRIM −14% |
| 4 | SLMSLM CORP | 7,822,564 | $167M | 12.1% | ADD 8% |
| 5 | WMSADVANCED DRAIN SYS INC DEL | 856,492 | $117M | 8.5% | TRIM −41% |
| 6 | LRNSTRIDE INC | 1,113,367 | $98M | 7.1% | NEW |
| 7 | GTLBGITLAB INC | 3,914,996 | $85M | 6.1% | NEW |
| 8 | IWMISHARES TR | 252,486 | $63M | 4.5% | ADD 234% |
| 9 | CARTMAPLEBEAR INC | 1,573,012 | $59M | 4.3% | NEW |
| 10 | ICLRICON PLC | 450,540 | $50M | 3.6% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| VACMARRIOTT VACATIONS WORLDWIDE | 2.7M | 3.1M | 4.0M | 4.0M | 4.1M | 4.1M | $269M |
| WEXWEX INC | 2.1M | 2.4M | 2.4M | 2.2M | 2.2M | 1.7M | $261M |
| ABGASBURY AUTOMOTIVE GROUP INC | 1.8M | 1.4M | 1.2M | 1.2M | 1.2M | 1.1M | $210M |
| SLMSLM CORP | 15.4M | 11.0M | 8.0M | 7.2M | 7.2M | 7.8M | $167M |
| WMSADVANCED DRAIN SYS INC DEL | — | — | 1.7M | 1.7M | 1.5M | 856K | $117M |
| LRNSTRIDE INC | — | — | — | — | — | 1.1M | $98M |
| GTLBGITLAB INC | — | — | — | — | — | 3.9M | $85M |
| IWMISHARES TR | — | — | — | 609K | 76K | 252K | $63M |
| CARTMAPLEBEAR INC | — | — | — | — | — | 1.6M | $59M |
| ICLRICON PLC | — | — | — | — | — | 451K | $50M |
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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