CIK 1809930
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q1. 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 | 29.80% | 18 |
| Metals & Mining | 13.74% | 7 |
| Utilities | 10.25% | 5 |
| Software & IT Services | 6.85% | 3 |
| Specialty Retail | 6.33% | 4 |
| Tobacco | 4.44% | 2 |
| Commercial Services & Supplies | 3.99% | 2 |
| Aerospace & Defense | 3.50% | 2 |
| Leisure Products | 3.48% | 1 |
| Media & Entertainment | 2.80% | 1 |
| Oil, Gas & Consumable Fuels | 2.33% | 3 |
| Entertainment | 2.19% | 1 |
| Airlines | 2.17% | 3 |
| Electrical Equipment & Components | 1.92% | 1 |
| Insurance | 1.67% | 1 |
| Chemicals | 1.53% | 1 |
| Banks | 1.12% | 5 |
| Software | 0.94% | 1 |
| Coal & Consumable Fuels | 0.54% | 1 |
| Pharmaceuticals & Biotechnology | 0.41% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | REV GROUP INC | Unclassified | 6.26% | |
| 2 | EWZ | ISHARES INC MSCI BRAZIL ETF | Unclassified | 4.92% |
| 3 | NXE | NexGen Energy Ltd. | Materials | 4.76% |
| 4 | IBIT | ISHARES BITCOIN TRUST ETF | Unclassified | 4.59% |
| 5 | GDX | VANECK ETF TRUST GOLD MINERS ETF | Unclassified | 4.15% |
| 6 | VST | Vistra Corp. | Utilities | 3.54% |
| 7 | CCJ | CAMECO CORP | Materials | 3.48% |
| 8 | DAKT | DAKTRONICS INC /SD/ | Consumer Discretionary | 3.48% |
| 9 | NRG | NRG ENERGY, INC. | Utilities | 3.45% |
| 10 | FLUT | Flutter Entertainment plc | Information Technology | 2.98% |
46/63 names classified · sector 71.6% of weight · industry 70.2% · mkt cap 55.0%; 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: 71.6% of the book is sector-classified (unclassified names shown, never dropped).
Only 33% of book weight classified — the grid is NOT representative of the whole book.
Classified: 33.3% of book weight (17/62 names) · unclassified 66.7%: , EWZ, NXE, IBIT, GDX, CCJ, FLUT, SPOT, ET, AEM +35 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 | REV GROUP INC | 252,449 | $12M | 6.3% | ADD 5% |
| 2 | EWZISHARES INC MSCI BRAZIL ETF | 327,000 | $9M | 4.9% | TRIM −25% |
| 3 | NXENEXGEN ENERGY LTD | 1,314,887 | $9M | 4.8% | HOLD |
| 4 | IBITISHARES BITCOIN TRUST ETF | 143,900 | $9M | 4.6% | NEW |
| 5 | GDXVANECK ETF TRUST GOLD MINERS ETF | 153,000 | $8M | 4.2% | TRIM −4% |
| 6 | VSTVISTRA CORP | 35,000 | $7M | 3.5% | ADD 32% |
| 7 | CCJCAMECO CORP | 90,000 | $7M | 3.5% | TRIM −7% |
| 8 | DAKTDAKTRONICS INC | 441,214 | $7M | 3.5% | ADD 17% |
| 9 | NRGNRG ENERGY INC | 41,200 | $7M | 3.4% | ADD 37% |
| 10 | FLUTFLUTTER ENTMT PLC | 20,000 | $6M | 3.0% | TRIM −9% |
| 11 | CASYCASEYS GEN STORES INC | 11,100 | $6M | 3.0% | HOLD |
| 12 | PMPHILIP MORRIS INTL INC | 30,400 | $6M | 2.9% | HOLD |
| 13 | SPOTSPOTIFY TECHNOLOGY S A | 7,000 | $5M | 2.8% | ADD 17% |
| 14 | ETENERGY TRANSFER L P | 272,500 | $5M | 2.6% | ADD 9% |
| 15 | MELIMERCADOLIBRE INC | 1,829 | $5M | 2.5% | ADD 20% |
| 16 | AEMAGNICO EAGLE MINES LTD | 40,000 | $5M | 2.5% | HOLD |
| 17 | TATTTAT TECHNOLOGIES LTD | 144,892 | $4M | 2.3% | ADD 901% |
| 18 | GOOGLALPHABET INC | 24,000 | $4M | 2.2% | ADD 13% |
| 19 | DKNGDRAFTKINGS INC NEW | 98,000 | $4M | 2.2% | TRIM −18% |
| 20 | AZOAUTOZONE INC | 1,100 | $4M | 2.1% | ADD 22% |
| 21 | WWDWOODWARD INC | 15,000 | $4M | 1.9% | NEW |
| 22 | AJGGALLAGHER ARTHUR J & CO | 10,000 | $3M | 1.7% | HOLD |
| 23 | GRNDGRINDR INC | 140,985 | $3M | 1.7% | HOLD |
| 24 | BTIBRITISH AMERN TOB PLC | 63,100 | $3M | 1.6% | HOLD |
| 25 | PCTPURECYCLE TECHNOLOGIES INC | 214,003 | $3M | 1.5% | NEW |
| 26 | TASEKO MINES LTD | 919,176 | $3M | 1.5% | TRIM −45% |
| 27 | WCNWASTE CONNECTIONS INC | 15,400 | $3M | 1.5% | HOLD |
| 28 | BRK.BBERKSHIRE HATHAWAY INC DEL | 5,491 | $3M | 1.4% | ADD 22% |
| 29 | AGIALAMOS GOLD INC NEW | 100,000 | $3M | 1.4% | TRIM −9% |
| 30 | KWEBKRANESHARES TRUST CSI CHI INTERNET | 74,500 | $3M | 1.3% | NEW |
| 31 | HEIHEICO CORP NEW | 7,000 | $2M | 1.2% | HOLD |
| 32 | EWGISHARES INC MSCI GERMANY ETF | 54,000 | $2M | 1.2% | NEW |
| 33 | PPLTABRDN PLATINUM ETF TRUST | 17,000 | $2M | 1.1% | ADD 6% |
| 34 | REALTHE REALREAL INC | 417,706 | $2M | 1.0% | HOLD |
| 35 | PALLABRDN PALLADIUM ETF TRUST | 19,000 | $2M | 1.0% | ADD 19% |
| 36 | MSFTMICROSOFT CORP | 3,636 | $2M | 0.9% | HOLD |
| 37 | VVVVALVOLINE INC | 47,000 | $2M | 0.9% | NEW |
| 38 | ASRGRUPO AEROPORTUARIO DEL SURE | 7,000 | $2M | 0.8% | ADD 56% |
| 39 | KGCKINROSS GOLD CORP | 100,000 | $2M | 0.8% | TRIM −29% |
| 40 | MPLXMPLX LP | 30,000 | $2M | 0.8% | HOLD |
| 41 | MUFGMITSUBISHI UFJ FINANCIAL GRO | 109,942 | $2M | 0.8% | ADD 83% |
| 42 | SILJAMPLIFY ETF TR | 100,000 | $1M | 0.8% | TRIM −74% |
| 43 | PACGrupo Aeroportuario del Pacifico ADR | 4,500 | $1M | 0.7% | TRIM −36% |
| 44 | URGUR-ENERGY INC | 1,328,680 | $1M | 0.7% | NEW |
| 45 | BSMBLACK STONE MINERALS L P | 88,104 | $1M | 0.6% | HOLD |
| 46 | OMABGRUPO AEROPORTUARIO DEL CENT | 10,625 | $1M | 0.6% | HOLD |
| 47 | ARLPALLIANCE RESOURCE PARTNERS L | 39,751 | $1M | 0.5% | HOLD |
| 48 | TGSTRANSPORTADORA DE GAS SUR | 36,500 | $945,350 | 0.5% | HOLD |
| 49 | GRFSGRIFOLS S A | 86,688 | $783,660 | 0.4% | TRIM −83% |
| 50 | AMLPALPS ETF TR | 12,000 | $586,320 | 0.3% | ADD 7% |
| 51 | URNMSPROTT FDS TR | 11,700 | $560,781 | 0.3% | NEW |
| 52 | COLOGLOBAL X FDS | 16,338 | $471,188 | 0.2% | NEW |
| 53 | EZUISHARES INC MSCI EURZONE ETF | 7,800 | $463,710 | 0.2% | NEW |
| 54 | DLTRDOLLAR TREE INC | 4,000 | $396,160 | 0.2% | NEW |
| 55 | AMANTERO MIDSTREAM CORP | 20,000 | $379,000 | 0.2% | TRIM −33% |
| 56 | EIDOISHARES TR | 20,000 | $352,600 | 0.2% | NEW |
| 57 | GLDSPDR GOLD TR | 1,050 | $320,072 | 0.2% | ADD 5% |
| 58 | ASHRDBX ETF TR XTRACK HRVST CSI | 11,500 | $316,710 | 0.2% | NEW |
| 59 | SBSWSIBANYE STILLWATER LTD | 25,000 | $180,500 | 0.1% | NEW |
| 60 | CIFRCIPHER MINING INC | 34,000 | $162,520 | 0.1% | NEW |
| 61 | WULFTERAWULF INC | 36,000 | $157,680 | 0.1% | NEW |
| 62 | MARAMARA HOLDINGS INC | 10,000 | $156,800 | 0.1% | NEW |
| 63 | RIOTRIOT PLATFORMS INC | 13,700 | $154,810 | 0.1% | NEW |
Where this firm's principals came from and which firms its alumni went on to found.
