CIK 1873893
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 Consumer Services | 24.53% | 1 |
| Automobiles & Components | 22.20% | 2 |
| Professional Services | 16.43% | 1 |
| Software & IT Services | 8.68% | 1 |
| Diversified Telecommunication Services | 8.59% | 1 |
| Technology Hardware & Equipment | 7.87% | 2 |
| Pharmaceuticals & Biotechnology | 5.17% | 2 |
| Communications Equipment | 4.31% | 1 |
| Unclassified | 2.23% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | APEI | AMERICAN PUBLIC EDUCATION INC | Consumer Discretionary | 24.53% |
| 2 | ASTH | Astrana Health, Inc. | Industrials | 16.43% |
| 3 | BLBD | Blue Bird Corp | Consumer Discretionary | 14.07% |
| 4 | MGNI | MAGNITE, INC. | Information Technology | 8.68% |
| 5 | SPIR | Spire Global, Inc. | Communication Services | 8.59% |
| 6 | MPAA | MOTORCAR PARTS OF AMERICA INC | Consumer Discretionary | 8.13% |
| 7 | DBD | DIEBOLD NIXDORF, Inc | Information Technology | 6.65% |
| 8 | AIOT | Powerfleet, Inc. | Information Technology | 4.31% |
| 9 | LFCR | LIFECORE BIOMEDICAL, INC. \DE\ | Health Care | 2.93% |
| 10 | BTMD | biote Corp. | Health Care | 2.24% |
11/12 names classified · sector 97.8% of weight · industry 97.8% · mkt cap 97.8%; 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: 97.8% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 89.3% of book weight (8/12 names) · unclassified 10.7%: AIOT, LFCR, , TACT. 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 | APEIAMERICAN PUB ED INC | 1,183,732 | $67M | 24.5% | TRIM −23% |
| 2 | ASTHASTRANA HEALTH INC | 1,839,076 | $45M | 16.4% | HOLD |
| 3 | BLBDBLUE BIRD CORP | 679,826 | $39M | 14.1% | HOLD |
| 4 | MGNIMAGNITE INC | 2,005,387 | $24M | 8.7% | HOLD |
| 5 | SPIRSPIRE GLOBAL INC | 1,875,000 | $24M | 8.6% | HOLD |
| 6 | MPAAMOTORCAR PTS AMER INC | 2,018,795 | $22M | 8.1% | HOLD |
| 7 | DBDDIEBOLD NIXDORF INC | 242,084 | $18M | 6.7% | ADD 25% |
| 8 | AIOTPOWERFLEET INC | 3,837,410 | $12M | 4.3% | HOLD |
| 9 | LFCRLIFECORE BIOMEDICAL INC | 2,162,466 | $8M | 2.9% | HOLD |
| 10 | BTMDBIOTE CORP | 4,548,127 | $6M | 2.2% | HOLD |
| 11 | MULTISENSOR AI HOLDINGS INC | 26,489,912 | $6M | 2.2% | HOLD |
| 12 | TACTTRANSACT TECHNOLOGIES INC | 1,011,789 | $3M | 1.2% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| APEIAMERICAN PUB ED INC | 2.3M | 2.3M | 1.5M | 1.5M | 1.5M | 1.2M | $67M |
| ASTHASTRANA HEALTH INC | 887K | 887K | 887K | 1.2M | 1.8M | 1.8M | $45M |
| BLBDBLUE BIRD CORP | 812K | 773K | 773K | 773K | 680K | 680K | $39M |
| MGNIMAGNITE INC | — | — | — | 650K | 2.0M | 2.0M | $24M |
| SPIRSPIRE GLOBAL INC | — | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M | $24M |
| MPAAMOTORCAR PTS AMER INC | 2.0M | 2.0M | 2.0M | 2.0M | 2.0M | 2.0M | $22M |
| DBDDIEBOLD NIXDORF INC | — | — | — | — | 193K | 242K | $18M |
| AIOTPOWERFLEET INC | 3.7M | 3.6M | 3.6M | 3.6M | 3.8M | 3.8M | $12M |
| LFCRLIFECORE BIOMEDICAL INC | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | $8M |
| BTMDBIOTE CORP | 4.5M | 4.5M | 4.5M | 4.5M | 4.5M | 4.5M | $6M |
| MULTISENSOR AI HOLDINGS INC | 9.4M | 9.4M | 9.4M | 9.4M | 26.5M | 26.5M | $6M |
| TACTTRANSACT TECHNOLOGIES INC | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | $3M |
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.
