CIK 1820788
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 | 21.30% | 4 |
| Utilities | 20.73% | 3 |
| Banks | 14.10% | 4 |
| Construction & Engineering | 9.35% | 1 |
| Marine | 7.46% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 7.30% | 1 |
| Unclassified | 6.16% | 1 |
| Household Durables | 4.68% | 1 |
| Machinery | 3.56% | 1 |
| Health Care Providers & Services | 3.47% | 1 |
| Airlines | 1.61% | 1 |
| Media & Entertainment | 0.29% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | MTZ | MASTEC INC | Industrials | 9.35% |
| 2 | PCG | PG&E Corp | Utilities | 7.65% |
| 3 | VIK | Viking Holdings Ltd | Industrials | 7.46% |
| 4 | GLPI | Gaming & Leisure Properties, Inc. | Real Estate | 7.30% |
| 5 | TMUS | T-Mobile US, Inc. | Communication Services | 7.17% |
| 6 | KGS | Kodiak Gas Services, Inc. | Utilities | 6.67% |
| 7 | VST | Vistra Corp. | Utilities | 6.41% |
| 8 | COF | CAPITAL ONE FINANCIAL CORP | Financials | 6.32% |
| 9 | AER | AERCAP HOLDINGS NV | Unclassified | 6.16% |
| 10 | ECHO | EchoStar CORP | Communication Services | 5.48% |
19/20 names classified · sector 93.8% of weight · industry 93.8% · mkt cap 91.6%; 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: 93.8% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 66.3% of book weight (11/20 names) · unclassified 33.7%: VIK, AER, ECHO, TDS, VSAT, BKD, AERO, BTDR, OPTU. 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 | MTZMASTEC INC | 329,220 | $106M | 9.4% | TRIM −12% |
| 2 | PCGPG&E CORP | 4,932,763 | $87M | 7.7% | NEW |
| 3 | VIKVIKING HOLDINGS LTD | 1,149,541 | $84M | 7.5% | ADD 22% |
| 4 | GLPIGAMING & LEISURE P | 1,863,923 | $83M | 7.3% | ADD 2% |
| 5 | TMUST-MOBILE US INC | 386,718 | $81M | 7.2% | HOLD |
| 6 | KGSKODIAK GAS SVCS INC | 1,295,922 | $76M | 6.7% | NEW |
| 7 | VSTVISTRA CORP | 482,734 | $73M | 6.4% | ADD 40% |
| 8 | COFCAPITAL ONE FINL CORP | 392,322 | $72M | 6.3% | TRIM −36% |
| 9 | AERAERCAP HOLDINGS NV | 508,566 | $70M | 6.2% | TRIM −10% |
| 10 | ECHOECHOSTAR CORP | 530,434 | $62M | 5.5% | TRIM −42% |
| 11 | TDSTELEPHONE & DATA SYS INC | 1,336,731 | $56M | 5.0% | HOLD |
| 12 | SGISOMNIGROUP INTERNATIONAL INC | 716,856 | $53M | 4.7% | ADD 9% |
| 13 | HBANHUNTINGTON BANCSHARES INC | 3,294,317 | $52M | 4.6% | NEW |
| 14 | VSATVIASAT INC | 907,970 | $42M | 3.7% | NEW |
| 15 | JBTMJBT MAREL CORPORATION | 315,202 | $40M | 3.6% | ADD 4% |
| 16 | BKDBROOKDALE SR LIVING INC | 2,869,000 | $39M | 3.5% | NEW |
| 17 | BOHBANK HAWAII CORP | 402,465 | $30M | 2.6% | NEW |
| 18 | AEROGRUPO AEROMEXICO SAB DE CV | 1,298,388 | $18M | 1.6% | HOLD |
| 19 | BTDRBITDEER TECHNOLOGIES GROUP | 769,545 | $7M | 0.6% | NEW |
| 20 | OPTUOPTIMUM COMMUNICATIONS INC | 2,485,717 | $3M | 0.3% | TRIM −20% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| MTZMASTEC INC | — | — | — | 383K | 374K | 329K | $106M |
| PCGPG&E CORP | — | — | — | — | — | 4.9M | $87M |
| VIKVIKING HOLDINGS LTD | 903K | 1.0M | 946K | 877K | 943K | 1.1M | $84M |
| GLPIGAMING & LEISURE P | — | — | — | — | 1.8M | 1.9M | $83M |
| TMUST-MOBILE US INC | 333K | 239K | 144K | 312K | 381K | 387K | $81M |
| KGSKODIAK GAS SVCS INC | — | — | — | — | — | 1.3M | $76M |
| VSTVISTRA CORP | — | 484K | 320K | 293K | 346K | 483K | $73M |
| COFCAPITAL ONE FINL CORP | 399K | 258K | 498K | 531K | 611K | 392K | $72M |
| AERAERCAP HOLDINGS NV | 862K | 898K | 762K | 648K | 568K | 509K | $70M |
| ECHOECHOSTAR CORP | — | — | 494K | — | 917K | 530K | $62M |
| TDSTELEPHONE & DATA SYS INC | — | 548K | 1.6M | 1.2M | 1.3M | 1.3M | $56M |
| SGISOMNIGROUP INTERNATIONAL INC | 807K | 898K | 871K | 699K | 656K | 717K | $53M |
| HBANHUNTINGTON BANCSHARES INC | — | — | — | — | — | 3.3M | $52M |
| VSATVIASAT INC | — | — | — | — | — | 908K | $42M |
| JBTMJBT MAREL CORPORATION | — | — | — | 354K | 302K | 315K | $40M |
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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