CIK 1857187
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 | 59.71% | 8 |
| Semiconductors & Semiconductor Equipment | 8.25% | 5 |
| Banks | 6.63% | 10 |
| Metals & Mining | 4.87% | 5 |
| Software & IT Services | 4.70% | 2 |
| Machinery | 4.45% | 5 |
| Software | 2.81% | 1 |
| Specialty Retail | 2.56% | 1 |
| Construction Materials | 2.44% | 3 |
| Capital Markets | 1.95% | 2 |
| Construction & Engineering | 1.21% | 3 |
| Road & Rail | 0.42% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | IEMG | ISHARES INC | Unclassified | 22.17% |
| 2 | IAUM | ISHARES GOLD TR | Unclassified | 19.28% |
| 3 | EMXC | ISHARES INC | Unclassified | 14.81% |
| 4 | NVDA | NVIDIA CORP | Information Technology | 4.45% |
| 5 | GOOGL | Alphabet Inc. | Communication Services | 3.45% |
| 6 | MSFT | MICROSOFT CORP | Information Technology | 2.81% |
| 7 | AMZN | AMAZON COM INC | Consumer Discretionary | 2.56% |
| 8 | FCX | FREEPORT-MCMORAN INC | Materials | 1.91% |
| 9 | JPM | JPMORGAN CHASE & CO | Financials | 1.42% |
| 10 | SMERY | SIEMENS ENERGY AG SPON ADS | Unclassified | 1.41% |
38/46 names classified · sector 40.3% of weight · industry 40.3% · mkt cap 33.6%; 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: 40.3% 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: 32.8% of book weight (29/46 names) · unclassified 67.2%: IEMG, IAUM, EMXC, SMERY, BHP, ASML, TSM, HSBC, TECK, NGLOY +7 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 | IEMGISHARES INC | 211,902 | $15M | 22.2% | ADD 175% |
| 2 | IAUMISHARES GOLD TR | 275,242 | $13M | 19.3% | HOLD |
| 3 | EMXCISHARES INC | 125,552 | $10M | 14.8% | ADD 75% |
| 4 | NVDANVIDIA CORPORATION | 16,994 | $3M | 4.4% | ADD 12% |
| 5 | GOOGLALPHABET INC | 8,004 | $2M | 3.5% | TRIM −3% |
| 6 | MSFTMICROSOFT CORP | 5,062 | $2M | 2.8% | TRIM −9% |
| 7 | AMZNAMAZON COM INC | 8,210 | $2M | 2.6% | TRIM −20% |
| 8 | FCXFREEPORT MCMORAN INC | 21,640 | $1M | 1.9% | ADD 13% |
| 9 | JPMJPMORGAN CHASE & CO | 3,225 | $949,000 | 1.4% | TRIM −10% |
| 10 | SMERYSIEMENS ENERGY AG SPON ADS | 5,559 | $938,000 | 1.4% | NEW |
| 11 | AVGOBROADCOM INC | 2,989 | $925,000 | 1.4% | TRIM −16% |
| 12 | BHPBHP BILLITON LIMITED | 12,243 | $891,000 | 1.3% | NEW |
| 13 | ASMLASML HOLDING N V | 667 | $881,000 | 1.3% | ADD 135% |
| 14 | METAMETA PLATFORMS INC | 1,458 | $834,000 | 1.3% | TRIM −32% |
| 15 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 2,246 | $759,000 | 1.1% | TRIM −58% |
| 16 | CATCATERPILLAR INC | 1,008 | $714,000 | 1.1% | ADD 13% |
| 17 | MSMORGAN STANLEY | 4,094 | $674,000 | 1.0% | TRIM −5% |
| 18 | GSGOLDMAN SACHS GROUP INC | 744 | $629,000 | 0.9% | TRIM −13% |
| 19 | ETNEATON CORP PLC | 1,621 | $580,000 | 0.9% | ADD 12% |
| 20 | HSBCHSBC HLDGS PLC | 6,949 | $573,000 | 0.9% | NEW |
| 21 | BACBANK AMERICA CORP | 11,739 | $572,000 | 0.9% | ADD 13% |
| 22 | CCITIGROUP INC | 5,047 | $572,000 | 0.9% | ADD 10% |
| 23 | TECKTECK RESOURCES LTD | 10,917 | $565,000 | 0.8% | ADD 12% |
| 24 | MUMICRON TECHNOLOGY INC | 1,619 | $547,000 | 0.8% | TRIM −8% |
| 25 | MLMMARTIN MARIETTA MATLS INC | 917 | $540,000 | 0.8% | ADD 14% |
| 26 | VMCVULCAN MATLS CO | 1,920 | $523,000 | 0.8% | ADD 13% |
| 27 | NGLOYANGLO AMERICAN PLC SPONS ADR | 24,152 | $522,000 | 0.8% | ADD 13% |
| 28 | VALEVALE S A | 31,302 | $498,000 | 0.7% | NEW |
| 29 | LRCXLAM RESEARCH CORP | 2,165 | $463,000 | 0.7% | ADD 12% |
| 30 | GLNCYGLENCORE PLC ADR | 24,345 | $370,000 | 0.6% | NEW |
| 31 | WFCWELLS FARGO CO NEW | 4,538 | $361,000 | 0.5% | ADD 13% |
| 32 | SANBANCO SANTANDER S.A. | 30,208 | $341,000 | 0.5% | NEW |
| 33 | AAAlcoa Upstream Corp. | 4,993 | $331,000 | 0.5% | NEW |
| 34 | DEDEERE & CO | 578 | $326,000 | 0.5% | ADD 10% |
| 35 | AMDADVANCED MICRO DEVICES INC | 1,495 | $304,000 | 0.5% | ADD 14% |
| 36 | PHMPULTE GROUP INC | 2,573 | $303,000 | 0.5% | ADD 12% |
| 37 | PNCPNC FINL SVCS GROUP INC | 1,436 | $299,000 | 0.4% | NEW |
| 38 | USBUS BANCORP | 5,727 | $298,000 | 0.4% | NEW |
| 39 | DHID R HORTON INC | 2,074 | $285,000 | 0.4% | ADD 12% |
| 40 | UNPUNION PAC CORP | 1,161 | $282,000 | 0.4% | NEW |
| 41 | SCBFYSTANDARD CHARTERED- UNSP ADR | 6,363 | $267,000 | 0.4% | NEW |
| 42 | CCJCAMECO CORP | 2,322 | $252,000 | 0.4% | TRIM −58% |
| 43 | BBVABANCO BILBAO VIZCAYA ARGENTA | 11,301 | $245,000 | 0.4% | NEW |
| 44 | LENLENNAR CORP | 2,494 | $217,000 | 0.3% | ADD 14% |
| 45 | TFCTRUIST FINL CORP | 4,579 | $210,000 | 0.3% | NEW |
| 46 | UNCRYUNICREDIT SPA UNSPONSORD ADR | 5,753 | $207,000 | 0.3% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| IEMGISHARES INC | — | — | 482K | 593K | 77K | 212K | $15M |
| IAUMISHARES GOLD TR | — | — | 120K | 691K | 275K | 275K | $13M |
| EMXCISHARES INC | — | — | 630K | — | 72K | 126K | $10M |
| NVDANVIDIA CORPORATION | 41K | — | — | 49K | 15K | 17K | $3M |
| GOOGLALPHABET INC | 20K | — | — | 29K | 8K | 8K | $2M |
| MSFTMICROSOFT CORP | 19K | — | — | 14K | 6K | 5K | $2M |
| AMZNAMAZON COM INC | 32K | — | — | 19K | 10K | 8K | $2M |
| FCXFREEPORT MCMORAN INC | 49K | — | — | 52K | 19K | 22K | $1M |
| JPMJPMORGAN CHASE & CO | 4K | — | — | 13K | 4K | 3K | $949,000 |
| SMERYSIEMENS ENERGY AG SPON ADS | — | — | — | — | — | 6K | $938,000 |
| AVGOBROADCOM INC | 14K | — | — | 13K | 4K | 3K | $925,000 |
| BHPBHP BILLITON LIMITED | — | — | — | — | — | 12K | $891,000 |
| ASMLASML HOLDING N V | 3K | — | — | 1K | 284 | 667 | $881,000 |
| METAMETA PLATFORMS INC | 11K | — | — | 6K | 2K | 1K | $834,000 |
| TSMTAIWAN SEMICONDUCTOR MFG LTD | 14K | — | 29K | 18K | 5K | 2K | $759,000 |
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.
