CIK 1858319
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 |
|---|---|---|
| Banks | 27.10% | 7 |
| Metals & Mining | 14.22% | 6 |
| Road & Rail | 8.82% | 2 |
| Aerospace & Defense | 8.17% | 3 |
| Machinery | 7.77% | 4 |
| Oil, Gas & Consumable Fuels | 5.32% | 3 |
| Marine | 5.27% | 1 |
| Insurance | 5.16% | 2 |
| Automobiles & Components | 3.64% | 1 |
| Distributors | 2.88% | 3 |
| Chemicals | 2.43% | 2 |
| Pharmaceuticals & Biotechnology | 2.19% | 3 |
| Equity Real Estate Investment Trusts (REITs) | 2.06% | 2 |
| Specialty Retail | 1.96% | 2 |
| Unclassified | 1.89% | 1 |
| Utilities | 0.44% | 1 |
| Electrical Equipment & Components | 0.41% | 1 |
| Capital Markets | 0.28% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | TBBK | Bancorp, Inc. | Financials | 8.50% |
| 2 | FIP | FTAI Infrastructure Inc. | Industrials | 5.27% |
| 3 | TDW | TIDEWATER INC | Industrials | 5.27% |
| 4 | ACA | Arcosa, Inc. | Industrials | 4.75% |
| 5 | DCO | DUCOMMUN INC /DE/ | Industrials | 4.62% |
| 6 | BANC | BANC OF CALIFORNIA, INC. | Financials | 4.09% |
| 7 | NOA | North American Construction Group Ltd. | Energy | 3.95% |
| 8 | ENVA | Enova International, Inc. | Financials | 3.83% |
| 9 | GSM | Ferroglobe PLC | Materials | 3.68% |
| 10 | GTX | Garrett Motion Inc. | Consumer Discretionary | 3.64% |
44/45 names classified · sector 98.1% of weight · industry 98.1% · mkt cap 94.0%; 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: 98.1% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 69.7% of book weight (29/45 names) · unclassified 30.3%: DCO, NOA, GSM, HBM, RIOT, MTUS, AEBI, , NTLA, AESI +6 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 | TBBKBANCORP INC DEL | 120,856 | $6M | 8.5% | ADD 14% |
| 2 | FIPFTAI INFRASTRUCTURE INC | 815,038 | $4M | 5.3% | HOLD |
| 3 | TDWTIDEWATER INC NEW | 48,166 | $4M | 5.3% | HOLD |
| 4 | ACAARCOSA INC | 34,150 | $4M | 4.7% | HOLD |
| 5 | DCODUCOMMUN INC DEL | 28,907 | $4M | 4.6% | HOLD |
| 6 | BANCBANC OF CALIFORNIA INC | 177,885 | $3M | 4.1% | HOLD |
| 7 | NOANORTH AMERN CONSTR GROUP LTD | 223,913 | $3M | 4.0% | ADD 44% |
| 8 | ENVAENOVA INTL INC | 21,552 | $3M | 3.8% | HOLD |
| 9 | GSMFERROGLOBE PLC | 681,745 | $3M | 3.7% | HOLD |
| 10 | GTXGARRETT MOTION INC | 152,943 | $3M | 3.6% | HOLD |
| 11 | HBMHUDBAY MINERALS INC | 131,866 | $3M | 3.6% | TRIM −54% |
| 12 | ARCBARCBEST CORP | 27,564 | $3M | 3.5% | HOLD |
| 13 | UAMYUNITED STATES ANTIMONY CORP | 304,623 | $3M | 3.5% | HOLD |
| 14 | TRNTRINITY INDS INC | 77,244 | $2M | 3.3% | HOLD |
| 15 | GLREGREENLIGHT CAPITAL RE LTD | 138,927 | $2M | 3.1% | HOLD |
| 16 | RIOTRIOT PLATFORMS INC | 187,933 | $2M | 3.0% | ADD 88% |
| 17 | MTUSMETALLUS INC | 134,983 | $2M | 2.9% | ADD 47% |
| 18 | TFINTRIUMPH FINANCIAL INC | 34,821 | $2M | 2.7% | HOLD |
| 19 | AXAXOS FINANCIAL INC | 22,208 | $2M | 2.5% | TRIM −44% |
| 20 | CASHPATHWARD FINANCIAL INC | 20,901 | $2M | 2.4% | HOLD |
| 21 | CENTCENTRAL GARDEN & PET CO | 44,381 | $2M | 2.1% | HOLD |
| 22 | MYEMYERS INDS INC | 74,628 | $2M | 2.1% | NEW |
| 23 | NODKNI HLDGS INC | 119,629 | $2M | 2.0% | HOLD |
| 24 | AEBIAEBI SCHMIDT HLDG AG | 154,431 | $1M | 2.0% | HOLD |
| 25 | TASEKO MINES LTD | 223,259 | $1M | 1.9% | ADD 1136% |
| 26 | FBRTFRANKLIN BSP RLTY TR INC | 161,719 | $1M | 1.8% | HOLD |
| 27 | RVLVREVOLVE GROUP INC | 53,246 | $1M | 1.6% | TRIM −43% |
| 28 | NTLAINTELLIA THERAPEUTICS INC | 82,030 | $1M | 1.4% | HOLD |
| 29 | AESIATLAS ENERGY SOLUTIONS INC | 74,249 | $974,147 | 1.3% | HOLD |
| 30 | HRTXHERON THERAPEUTICS INC | 680,432 | $544,414 | 0.7% | HOLD |
| 31 | AZZAZZ INC | 3,902 | $488,257 | 0.6% | HOLD |
| 32 | CENTACENTRAL GARDEN & PET CO | 11,092 | $359,603 | 0.5% | HOLD |
| 33 | TLNTALEN ENERGY CORP | 1,060 | $338,384 | 0.4% | TRIM −34% |
| 34 | SEISOLARIS ENERGY INFRAS INC | 5,750 | $324,932 | 0.4% | HOLD |
| 35 | IDRIDAHO STRATEGIC RESOURCES | 9,956 | $319,787 | 0.4% | HOLD |
| 36 | FELEFRANKLIN ELEC INC | 3,427 | $315,867 | 0.4% | HOLD |
| 37 | CASYCASEYS GEN STORES INC | 400 | $291,144 | 0.4% | HOLD |
| 38 | CFCF INDS HLDGS INC | 2,096 | $272,145 | 0.4% | NEW |
| 39 | WABWABTEC | 912 | $227,918 | 0.3% | NEW |
| 40 | DBRGDIGITALBRIDGE GROUP INC | 13,862 | $213,752 | 0.3% | HOLD |
| 41 | FSTRFOSTER L B CO | 7,379 | $205,874 | 0.3% | NEW |
| 42 | LANDGLADSTONE LD CORP | 19,695 | $200,889 | 0.3% | HOLD |
| 43 | BOOMDMC GLOBAL INC | 21,152 | $110,202 | 0.1% | HOLD |
| 44 | AKBAAKEBIA THERAPEUTICS INC | 53,510 | $74,379 | 0.1% | HOLD |
| 45 | RIGTRANSOCEAN LTD | 10,185 | $67,527 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| TBBKBANCORP INC DEL | 353K | 212K | 122K | 122K | 106K | 121K | $6M |
| FIPFTAI INFRASTRUCTURE INC | 179K | 1.6M | 767K | 804K | 815K | 815K | $4M |
| TDWTIDEWATER INC NEW | 5K | 102K | 46K | 47K | 48K | 48K | $4M |
| ACAARCOSA INC | 98K | 74K | 33K | 34K | 34K | 34K | $4M |
| DCODUCOMMUN INC DEL | 92K | 68K | 27K | 28K | 29K | 29K | $4M |
| BANCBANC OF CALIFORNIA INC | 100K | 403K | 172K | 176K | 178K | 178K | $3M |
| NOANORTH AMERN CONSTR GROUP LTD | 31K | 348K | 148K | 152K | 155K | 224K | $3M |
| ENVAENOVA INTL INC | 194K | 90K | 21K | 21K | 22K | 22K | $3M |
| GSMFERROGLOBE PLC | 1.5M | 1.1M | 469K | 484K | 682K | 682K | $3M |
| GTXGARRETT MOTION INC | 955K | 714K | 299K | 154K | 153K | 153K | $3M |
| HBMHUDBAY MINERALS INC | 53K | 721K | 411K | 438K | 286K | 132K | $3M |
| ARCBARCBEST CORP | 85K | 63K | 26K | 27K | 28K | 28K | $3M |
| UAMYUNITED STATES ANTIMONY CORP | — | — | — | — | 305K | 305K | $3M |
| TRNTRINITY INDS INC | 315K | 112K | 49K | 76K | 77K | 77K | $2M |
| GLREGREENLIGHT CAPITAL RE LTD | 666K | 510K | 239K | 245K | 139K | 139K | $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.
