CIK 1839545
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 |
|---|---|---|
| Unclassified | 32.09% | 20 |
| Equity Real Estate Investment Trusts (REITs) | 15.03% | 9 |
| Software | 14.06% | 23 |
| Oil, Gas & Consumable Fuels | 11.91% | 6 |
| Software & IT Services | 6.58% | 8 |
| Utilities | 3.73% | 2 |
| Pharmaceuticals & Biotechnology | 3.25% | 4 |
| Health Care Equipment & Supplies | 3.13% | 5 |
| Chemicals | 2.15% | 1 |
| Coal & Consumable Fuels | 2.07% | 1 |
| Technology Hardware & Equipment | 1.73% | 3 |
| Real Estate Management & Development | 1.51% | 1 |
| Communications Equipment | 0.58% | 1 |
| Aerospace & Defense | 0.44% | 1 |
| Transportation Infrastructure | 0.41% | 1 |
| Machinery | 0.39% | 1 |
| Commercial Services & Supplies | 0.33% | 1 |
| Life Sciences Tools & Services | 0.33% | 1 |
| Banks | 0.28% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | MSFT | MICROSOFT CORP | Information Technology | 3.15% |
| 2 | GOOGL | Alphabet Inc. | Communication Services | 2.57% |
| 3 | UAN | CVR PARTNERS, LP | Materials | 2.15% |
| 4 | DMLP | DORCHESTER MINERALS, L.P. | Energy | 2.15% |
| 5 | META | Meta Platforms, Inc. | Communication Services | 2.09% |
| 6 | ARLP | ALLIANCE RESOURCE PARTNERS LP | Energy | 2.07% |
| 7 | PAA | PLAINS ALL AMERICAN PIPELINE LP | Energy | 2.04% |
| 8 | KRP | Kimbell Royalty Partners, LP | Energy | 1.99% |
| 9 | BSM | Black Stone Minerals, L.P. | Energy | 1.95% |
| 10 | DKL | Delek Logistics Partners, LP | Energy | 1.92% |
70/90 names classified · sector 67.9% of weight · industry 67.9% · mkt cap 66.0%; 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: 67.9% of the book is sector-classified (unclassified names shown, never dropped).
Only 40% of book weight classified — the grid is NOT representative of the whole book.
Classified: 40.4% of book weight (51/90 names) · unclassified 59.6%: DMLP, ARLP, PAA, KRP, BSM, DKL, EPD, TWO, MPLX, WES +29 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 | MSFTMICROSOFT CORP | 11,811 | $4M | 3.1% | ADD 2% |
| 2 | GOOGLALPHABET INC | 12,396 | $4M | 2.6% | TRIM −9% |
| 3 | UANCVR PARTNERS LP | 23,602 | $3M | 2.2% | TRIM −16% |
| 4 | DMLPDORCHESTER MINERALS LP | 109,894 | $3M | 2.1% | TRIM −10% |
| 5 | METAMETA PLATFORMS INC | 5,063 | $3M | 2.1% | TRIM −12% |
| 6 | ARLPALLIANCE RESOURCE PARTNERS L | 103,995 | $3M | 2.1% | TRIM −10% |
| 7 | PAAPLAINS ALL AMERN PIPELINE L | 126,670 | $3M | 2.0% | TRIM −16% |
| 8 | KRPKIMBELL RTY PARTNERS LP | 191,385 | $3M | 2.0% | TRIM −16% |
| 9 | BSMBLACK STONE MINERALS L P | 179,254 | $3M | 2.0% | TRIM −10% |
| 10 | DKLDELEK LOGISTICS PARTNERS LP | 53,557 | $3M | 1.9% | TRIM −10% |
| 11 | EPDENTERPRISE PRODS PARTNERS L | 70,259 | $3M | 1.9% | TRIM −17% |
| 12 | TWOTWO HBRS INVT CORP | 229,665 | $3M | 1.9% | TRIM −10% |
| 13 | MPLXMPLX LP | 45,223 | $3M | 1.9% | TRIM −10% |
| 14 | WESWESTERN MIDSTREAM PARTNERS L | 61,211 | $3M | 1.8% | TRIM −10% |
| 15 | PSECPROSPECT CAP CORP | 951,110 | $2M | 1.8% | TRIM −10% |
| 16 | CSWCCapital Southwest Corp. | 109,894 | $2M | 1.8% | TRIM −10% |
| 17 | ABRARBOR REALTY TRUST INC | 312,150 | $2M | 1.7% | TRIM −10% |
| 18 | LLYELI LILLY & CO | 2,582 | $2M | 1.7% | TRIM −10% |
| 19 | HIXWESTERN ASSET HIGH INCOM FD | 595,740 | $2M | 1.7% | TRIM −10% |
| 20 | ORCORCHID IS CAP INC | 333,151 | $2M | 1.7% | TRIM −10% |
| 21 | PHKPIMCO HIGH INCOME FD | 504,811 | $2M | 1.7% | TRIM −10% |
| 22 | PFLPIMCO INCOME STRATEGY FD | 291,488 | $2M | 1.7% | TRIM −10% |
| 23 | JFRNUVEEN FLOATING RATE INCOME | 309,750 | $2M | 1.7% | TRIM −10% |
| 24 | ARRARMOUR RESIDENTIAL REIT INC | 138,275 | $2M | 1.7% | TRIM −10% |
| 25 | FTFFRANKLIN LTD DURATION INCOME | 393,087 | $2M | 1.7% | TRIM −10% |
| 26 | XFRAXBLACKROCK FLOATING RATE INCO | 206,185 | $2M | 1.6% | TRIM −10% |
| 27 | DSUBLACKROCK DEBT STRATEGIES FD | 236,627 | $2M | 1.6% | TRIM −10% |
| 28 | GBDCGOLUB CAP BDC INC | 179,126 | $2M | 1.6% | TRIM −10% |
| 29 | EHIWESTERN ASSET GBL HIGH INC F | 382,573 | $2M | 1.6% | TRIM −10% |
| 30 | PMTPENNYMAC MTG INVT TR | 192,954 | $2M | 1.6% | TRIM −10% |
| 31 | AGNCAGNC Investment Corp | 224,160 | $2M | 1.6% | TRIM −10% |
| 32 | STWDSTARWOOD PPTY TR INC | 130,387 | $2M | 1.6% | TRIM −10% |
| 33 | GSBDGOLDMAN SACHS BDC INC | 251,857 | $2M | 1.6% | TRIM −10% |
| 34 | NCDLNUVEEN CHURCHILL DIRECT LEND | 175,377 | $2M | 1.6% | TRIM −10% |
| 35 | NLYANNALY CAPITAL MANAGEMENT IN | 105,320 | $2M | 1.6% | TRIM −10% |
| 36 | DXDYNEX CAP INC | 174,227 | $2M | 1.6% | TRIM −10% |
| 37 | NHSNEUBERGER HIGH YIELD ST FD I | 341,497 | $2M | 1.6% | TRIM −10% |
| 38 | BBDCBarings BDC, Inc. | 268,002 | $2M | 1.6% | TRIM −10% |
| 39 | CIIBLACKROCK ENHANCED LARGE CAP | 104,775 | $2M | 1.6% | TRIM −10% |
| 40 | PFLTPENNANTPARK FLOATING RATE CA | 262,767 | $2M | 1.5% | TRIM −10% |
| 41 | EFCELLINGTON FINANCIAL INC | 176,381 | $2M | 1.5% | TRIM −10% |
| 42 | NMFCNEW MTN FIN CORP | 263,627 | $2M | 1.5% | TRIM −10% |
| 43 | MSDLMORGAN STANLEY DIRECT LENDIN | 142,844 | $2M | 1.4% | TRIM −10% |
| 44 | PLTRPALANTIR TECHNOLOGIES INC | 12,420 | $2M | 1.3% | HOLD |
| 45 | FSKFS KKR CAP CORP | 164,317 | $2M | 1.2% | TRIM −10% |
| 46 | CRMSALESFORCE INC | 6,850 | $1M | 0.9% | TRIM −4% |
| 47 | PANWPALO ALTO NETWORKS INC | 7,733 | $1M | 0.9% | ADD 10% |
| 48 | ISRGINTUITIVE SURGICAL INC | 2,626 | $1M | 0.9% | TRIM −6% |
| 49 | NOWSERVICENOW INC | 9,957 | $1M | 0.7% | ADD 10% |
| 50 | CRWDCROWDSTRIKE HLDGS INC | 2,659 | $1M | 0.7% | ADD 3% |
| 51 | SYKSTRYKER CORPORATION | 3,153 | $1M | 0.7% | TRIM −15% |
| 52 | ADBEADOBE INC | 3,978 | $966,972 | 0.7% | TRIM −4% |
| 53 | VRTXVERTEX PHARMACEUTICALS INC | 2,058 | $918,979 | 0.7% | TRIM −20% |
| 54 | SNPSSYNOPSYS INC | 2,216 | $878,600 | 0.6% | TRIM −12% |
| 55 | CDNSCADENCE DESIGN SYSTEM INC | 3,109 | $863,898 | 0.6% | TRIM −11% |
| 56 | BSXBOSTON SCIENTIFIC CORP | 13,599 | $853,337 | 0.6% | HOLD |
| 57 | NETCLOUDFLARE INC | 4,077 | $841,248 | 0.6% | TRIM −8% |
| 58 | MSIMOTOROLA SOLUTIONS INC | 1,867 | $810,222 | 0.6% | TRIM −23% |
| 59 | FTNTFORTINET INC | 9,094 | $743,162 | 0.5% | TRIM −13% |
| 60 | ADSKAUTODESK INC | 3,073 | $735,676 | 0.5% | TRIM −3% |
| 61 | SNOWSNOWFLAKE INC | 4,865 | $733,739 | 0.5% | ADD 7% |
| 62 | EWEDWARDS LIFESCIENCES CORP | 8,547 | $684,444 | 0.5% | TRIM −14% |
| 63 | DDOGDATADOG INC | 5,515 | $651,046 | 0.5% | HOLD |
| 64 | INSMINSMED INC | 3,894 | $636,747 | 0.5% | HOLD |
| 65 | GRMNGARMIN LTD | 2,652 | $615,291 | 0.4% | TRIM −26% |
| 66 | ALNYALNYLAM PHARMACEUTICALS INC | 1,755 | $580,677 | 0.4% | HOLD |
| 67 | EXPEEXPEDIA GROUP INC | 2,487 | $574,223 | 0.4% | TRIM −6% |
| 68 | VEEVVEEVA SYS INC | 3,217 | $565,098 | 0.4% | HOLD |
| 69 | RMDRESMED INC | 2,496 | $560,302 | 0.4% | TRIM −15% |
| 70 | WDAYWORKDAY INC | 4,282 | $556,317 | 0.4% | ADD 11% |
| 71 | AXONAXON ENTERPRISE INC | 1,265 | $537,233 | 0.4% | TRIM −14% |
| 72 | VRSNVERISIGN INC | 2,051 | $509,386 | 0.4% | TRIM −11% |
| 73 | TWLOTWILIO INC | 3,710 | $466,792 | 0.3% | TRIM −13% |
| 74 | FICOFAIR ISAAC CORP | 432 | $461,177 | 0.3% | HOLD |
| 75 | INCYINCYTE CORP | 4,867 | $458,082 | 0.3% | TRIM −13% |
| 76 | RDDTREDDIT INC | 3,396 | $457,271 | 0.3% | ADD 8% |
| 77 | ZSZSCALER INC | 3,096 | $434,338 | 0.3% | ADD 16% |
| 78 | MDBMONGODB INC | 1,749 | $428,103 | 0.3% | TRIM −14% |
| 79 | PEVERPURE INC | 7,045 | $415,937 | 0.3% | HOLD |
| 80 | OKTAOKTA INC | 5,171 | $407,009 | 0.3% | TRIM −10% |
| 81 | PTCPTC INC | 2,726 | $388,428 | 0.3% | TRIM −10% |
| 82 | AFRMAFFIRM HLDGS INC | 8,442 | $386,812 | 0.3% | ADD 7% |
| 83 | PINSPINTEREST INC | 20,681 | $379,290 | 0.3% | HOLD |
| 84 | DTDYNATRACE INC | 10,046 | $371,501 | 0.3% | TRIM −6% |
| 85 | HUBSHUBSPOT INC | 1,510 | $368,591 | 0.3% | HOLD |
| 86 | DOCUDOCUSIGN INC | 7,455 | $353,442 | 0.3% | ADD 7% |
| 87 | TTDTHE TRADE DESK INC | 14,634 | $332,045 | 0.2% | ADD 12% |
| 88 | GENGen Digital Inc. | 17,323 | $326,192 | 0.2% | TRIM −9% |
| 89 | NTNXNUTANIX INC | 8,561 | $325,404 | 0.2% | TRIM −6% |
| 90 | BSYBENTLEY SYS INC | 8,435 | $296,237 | 0.2% | TRIM −10% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| MSFTMICROSOFT CORP | 14K | 14K | 11K | 11K | 12K | 12K | $4M |
| GOOGLALPHABET INC | 21K | 20K | 18K | 16K | 14K | 12K | $4M |
| UANCVR PARTNERS LP | — | — | — | — | 28K | 24K | $3M |
| DMLPDORCHESTER MINERALS LP | 73K | 78K | 83K | 91K | 122K | 110K | $3M |
| METAMETA PLATFORMS INC | 6K | 6K | 5K | 5K | 6K | 5K | $3M |
| ARLPALLIANCE RESOURCE PARTNERS L | 95K | 101K | 108K | 118K | 116K | 104K | $3M |
| PAAPLAINS ALL AMERN PIPELINE L | — | — | — | — | 151K | 127K | $3M |
| KRPKIMBELL RTY PARTNERS LP | 152K | 162K | 173K | 189K | 229K | 191K | $3M |
| BSMBLACK STONE MINERALS L P | 169K | 180K | 192K | 210K | 200K | 179K | $3M |
| DKLDELEK LOGISTICS PARTNERS LP | 59K | 62K | 67K | 73K | 60K | 54K | $3M |
| EPDENTERPRISE PRODS PARTNERS L | 78K | 83K | 89K | 98K | 84K | 70K | $3M |
| TWOTWO HBRS INVT CORP | 209K | 223K | 238K | 261K | 256K | 230K | $3M |
| MPLXMPLX LP | 51K | 55K | 58K | 64K | 50K | 45K | $3M |
| WESWESTERN MIDSTREAM PARTNERS L | — | — | — | — | 68K | 61K | $3M |
| PSECPROSPECT CAP CORP | — | — | — | — | 1.1M | 951K | $2M |
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.
Where this firm's principals came from and which firms its alumni went on to found.
