CIK 1837343
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 |
|---|---|---|
| Construction & Engineering | 42.01% | 4 |
| Semiconductors & Semiconductor Equipment | 22.03% | 4 |
| Construction Materials | 12.26% | 3 |
| Paper & Forest Products | 6.07% | 2 |
| Utilities | 4.21% | 1 |
| Aerospace & Defense | 3.92% | 1 |
| Technology Hardware & Equipment | 2.71% | 2 |
| Chemicals | 1.81% | 1 |
| Machinery | 1.66% | 1 |
| Distributors | 1.53% | 1 |
| Oil, Gas & Consumable Fuels | 0.67% | 1 |
| Road & Rail | 0.56% | 1 |
| Commercial Services & Supplies | 0.55% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | MTZ | MASTEC INC | Industrials | 24.77% |
| 2 | FSLR | FIRST SOLAR, INC. | Information Technology | 15.35% |
| 3 | DY | DYCOM INDUSTRIES INC | Industrials | 12.22% |
| 4 | IP | INTERNATIONAL PAPER CO /NEW/ | Materials | 5.36% |
| 5 | GVA | GRANITE CONSTRUCTION INC | Industrials | 4.75% |
| 6 | CX | CEMEX SAB DE CV | Materials | 4.41% |
| 7 | CTRI | Centuri Holdings, Inc. | Utilities | 4.21% |
| 8 | CRH | CRH PUBLIC LTD CO | Materials | 4.04% |
| 9 | BA | BOEING CO | Industrials | 3.92% |
| 10 | JHX | James Hardie Industries plc | Materials | 3.80% |
23/23 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 91.2%; 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: 83.2% of book weight (13/23 names) · unclassified 16.8%: CX, JHX, STM, ATS, ATKR, WBI, TFII, EQPT, WOLF, MWH. 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 | 2,155,000 | $693M | 24.8% | HOLD |
| 2 | FSLRFIRST SOLAR INC | 2,177,540 | $430M | 15.3% | ADD 4% |
| 3 | DYDYCOM INDS INC | 1,009,784 | $342M | 12.2% | HOLD |
| 4 | IPINTERNATIONAL PAPER CO | 4,200,000 | $150M | 5.4% | ADD 73% |
| 5 | GVAGRANITE CONSTR INC | 1,110,048 | $133M | 4.8% | HOLD |
| 6 | CXCEMEX SAB DE CV | 10,802,750 | $124M | 4.4% | HOLD |
| 7 | CTRICENTURI HOLDINGS INC | 4,030,000 | $118M | 4.2% | HOLD |
| 8 | CRHCRH PLC | 1,076,400 | $113M | 4.0% | ADD 3% |
| 9 | BABOEING CO | 551,483 | $110M | 3.9% | ADD 6% |
| 10 | JHXJAMES HARDIE INDS PLC | 5,621,700 | $106M | 3.8% | ADD 10% |
| 11 | ARRYARRAY TECHNOLOGIES INC | 12,891,300 | $93M | 3.3% | HOLD |
| 12 | STMSTMICROELECTRONICS N V | 2,300,000 | $79M | 2.8% | NEW |
| 13 | WMSADVANCED DRAIN SYS INC DEL | 370,000 | $51M | 1.8% | ADD 131% |
| 14 | ATSATS CORPORATION | 1,649,857 | $47M | 1.7% | HOLD |
| 15 | ATKRATKORE INC | 728,206 | $43M | 1.5% | HOLD |
| 16 | CNMCORE & MAIN INC | 867,600 | $43M | 1.5% | ADD 9% |
| 17 | ENSENERSYS | 190,000 | $33M | 1.2% | TRIM −59% |
| 18 | TREXTREX CO INC | 550,000 | $20M | 0.7% | HOLD |
| 19 | WBIWATERBRIDGE INFRASTRUCTURE L | 700,000 | $19M | 0.7% | HOLD |
| 20 | TFIITFI INTL INC | 145,000 | $16M | 0.6% | HOLD |
| 21 | EQPTEQUIPMENTSHARE COM INC | 750,000 | $15M | 0.5% | NEW |
| 22 | WOLFWOLFSPEED INC | 885,000 | $14M | 0.5% | NEW |
| 23 | MWHSOLV ENERGY INC | 250,000 | $8M | 0.3% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| MTZMASTEC INC | 2.1M | 2.1M | 2.2M | 2.2M | 2.2M | 2.2M | $693M |
| FSLRFIRST SOLAR INC | 850K | 1.4M | 2.1M | 2.1M | 2.1M | 2.2M | $430M |
| DYDYCOM INDS INC | 850K | 970K | 1.0M | 1.0M | 1.0M | 1.0M | $342M |
| IPINTERNATIONAL PAPER CO | 1.6M | 1.8M | 1.9M | 2.0M | 2.4M | 4.2M | $150M |
| GVAGRANITE CONSTR INC | 1.0M | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M | $133M |
| CXCEMEX SAB DE CV | — | — | 4.3M | 10.8M | 10.8M | 10.8M | $124M |
| CTRICENTURI HOLDINGS INC | — | — | 3.0M | 3.8M | 4.0M | 4.0M | $118M |
| CRHCRH PLC | 1.1M | 1.1M | 1.1M | 1.0M | 1.0M | 1.1M | $113M |
| BABOEING CO | — | — | — | — | 518K | 551K | $110M |
| JHXJAMES HARDIE INDS PLC | — | — | — | 4.2M | 5.1M | 5.6M | $106M |
| ARRYARRAY TECHNOLOGIES INC | 14.3M | 14.3M | 14.3M | 12.9M | 12.9M | 12.9M | $93M |
| STMSTMICROELECTRONICS N V | — | — | — | — | — | 2.3M | $79M |
| WMSADVANCED DRAIN SYS INC DEL | — | — | — | 150K | 160K | 370K | $51M |
| ATSATS CORPORATION | — | 1.3M | 1.2M | 1.6M | 1.6M | 1.6M | $47M |
| ATKRATKORE INC | 461K | — | — | 728K | 728K | 728K | $43M |
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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