CIK 1818160
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 |
|---|---|---|
| Coal & Consumable Fuels | 38.57% | 1 |
| Capital Markets | 22.51% | 1 |
| Banks | 17.86% | 2 |
| Real Estate Management & Development | 10.69% | 2 |
| Health Care Providers & Services | 6.71% | 1 |
| Construction Materials | 1.86% | 1 |
| Commercial Services & Supplies | 0.90% | 1 |
| Pharmaceuticals & Biotechnology | 0.60% | 1 |
| Automobiles & Components | 0.30% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | AMR | Alpha Metallurgical Resources, Inc. | Energy | 38.57% |
| 2 | IBKR | Interactive Brokers Group, Inc. | Financials | 22.51% |
| 3 | UBS | UBS Group AG | Financials | 16.45% |
| 4 | CRESY | CRESUD INC | Real Estate | 9.39% |
| 5 | NTRA | Natera, Inc. | Health Care | 6.71% |
| 6 | LOMA | Loma Negra Compania Industrial Argentina Sociedad Anonima | Materials | 1.86% |
| 7 | GGAL | GRUPO FINANCIERO GALICIA SA | Financials | 1.41% |
| 8 | IRS | IRSA INVESTMENTS & REPRESENTATIONS INC | Real Estate | 1.30% |
| 9 | GPN | GLOBAL PAYMENTS INC | Industrials | 0.90% |
| 10 | BNTX | BioNTech SE | Health Care | 0.60% |
11/11 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 69.0%; 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: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 62.3% of book weight (4/11 names) · unclassified 37.7%: UBS, CRESY, NTRA, LOMA, GGAL, IRS, BNTX. 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 | AMRALPHA METALLURGICAL RESOUR I | 280,000 | $57M | 38.6% | HOLD |
| 2 | IBKRINTERACTIVE BROKERS GROUP IN | 500,000 | $34M | 22.5% | HOLD |
| 3 | UBSUBS GROUP AG | 627,300 | $25M | 16.4% | HOLD |
| 4 | CRESYCRESUD S A C I F Y A | 1,100,000 | $14M | 9.4% | ADD 3% |
| 5 | NTRANATERA INC | 50,000 | $10M | 6.7% | HOLD |
| 6 | LOMALOMA NEGRA C I A S A MTN 14 | 250,000 | $3M | 1.9% | HOLD |
| 7 | GGALGRUPO FINANCIERO GALICIA S.A | 45,000 | $2M | 1.4% | HOLD |
| 8 | IRSIRSA INVERSIONES Y REP S A | 119,780 | $2M | 1.3% | HOLD |
| 9 | GPNGLOBAL PMTS INC | 20,000 | $1M | 0.9% | HOLD |
| 10 | BNTXBIONTECH SE | 10,000 | $888,800 | 0.6% | HOLD |
| 11 | TSLATESLA INC | 1,000 | $449,720 | 0.3% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| AMRALPHA METALLURGICAL RESOUR I | — | — | — | — | 280K | 280K | $57M |
| IBKRINTERACTIVE BROKERS GROUP IN | — | — | — | 500K | 500K | 500K | $34M |
| UBSUBS GROUP AG | 495K | 595K | 625K | 625K | 625K | 627K | $25M |
| CRESYCRESUD S A C I F Y A | 146K | 175K | 280K | 367K | 1.1M | 1.1M | $14M |
| NTRANATERA INC | — | — | — | — | 50K | 50K | $10M |
| LOMALOMA NEGRA C I A S A MTN 14 | 12K | 12K | 218K | 383K | 250K | 250K | $3M |
| GGALGRUPO FINANCIERO GALICIA S.A | 15K | 10K | 15K | 25K | 45K | 45K | $2M |
| IRSIRSA INVERSIONES Y REP S A | 104K | 104K | 110K | 110K | 120K | 120K | $2M |
| GPNGLOBAL PMTS INC | — | — | — | — | 20K | 20K | $1M |
| BNTXBIONTECH SE | 10K | 10K | 10K | 10K | 10K | 10K | $888,800 |
| TSLATESLA INC | — | — | — | — | 1K | 1K | $449,720 |
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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