CIK 1877162
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 | 52.10% | 7 |
| Diversified Telecommunication Services | 12.89% | 3 |
| Commercial Services & Supplies | 8.72% | 3 |
| Unclassified | 8.62% | 3 |
| Communications Equipment | 6.40% | 2 |
| Software | 3.97% | 2 |
| Technology Hardware & Equipment | 3.65% | 1 |
| Paper & Forest Products | 1.75% | 1 |
| Capital Markets | 0.73% | 1 |
| Chemicals | 0.54% | 2 |
| Specialty Retail | 0.44% | 1 |
| Machinery | 0.14% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 0.03% | 2 |
| Hotels, Restaurants & Leisure | 0.01% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | WULF | TERAWULF INC. | Financials | 17.93% |
| 2 | CLSK | CLEANSPARK, INC. | Financials | 10.41% |
| 3 | CORZ | Core Scientific, Inc./tx | Financials | 10.03% |
| 4 | ECHO | EchoStar CORP | Communication Services | 7.39% |
| 5 | NBIS | NEBIUS GROUP N.V. | Unclassified | 7.37% |
| 6 | HUT | Hut 8 Corp. | Financials | 6.66% |
| 7 | NVRI | Enviri Corp | Industrials | 6.54% |
| 8 | VISN | Vistance Networks, Inc. | Information Technology | 5.74% |
| 9 | CIFR | Cipher Digital Inc. | Financials | 4.06% |
| 10 | PRCH | Porch Group, Inc. | Information Technology | 3.68% |
27/30 names classified · sector 91.4% of weight · industry 91.4% · mkt cap 84.8%; 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: 91.4% of the book is sector-classified (unclassified names shown, never dropped).
Only 15% of book weight classified — the grid is NOT representative of the whole book.
Classified: 15.0% of book weight (10/30 names) · unclassified 85.0%: WULF, CLSK, CORZ, ECHO, NBIS, HUT, NVRI, CIFR, PRCH, NRGV +10 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 | WULFTERAWULF INC | 1,575,000 | $23M | 17.9% | TRIM −21% |
| 2 | CLSKCLEANSPARK INC | 1,550,000 | $13M | 10.4% | NEW |
| 3 | CORZCORE SCIENTIFIC INC NEW | 850,000 | $13M | 10.0% | ADD 6% |
| 4 | ECHOECHOSTAR CORP | 80,000 | $9M | 7.4% | TRIM −47% |
| 5 | NBISNEBIUS GROUP N.V. | 90,000 | $9M | 7.4% | TRIM −33% |
| 6 | HUTHUT 8 CORP | 180,000 | $8M | 6.7% | TRIM −31% |
| 7 | NVRIENVIRI CORP | 422,441 | $8M | 6.5% | HOLD |
| 8 | VISNCOMMSCOPE HLDG CO INC | 400,000 | $7M | 5.7% | HOLD |
| 9 | CIFRCIPHER MINING INC | 400,000 | $5M | 4.1% | NEW |
| 10 | PRCHPORCH GROUP INC | 650,000 | $5M | 3.7% | ADD 44% |
| 11 | NRGVENERGY VAULT HOLDINGS INC | 1,400,000 | $5M | 3.6% | ADD 133% |
| 12 | ATEXANTERIX INC | 100,000 | $4M | 3.0% | TRIM −31% |
| 13 | TDSTELEPHONE & DATA SYS INC | 75,000 | $3M | 2.5% | HOLD |
| 14 | CBNACHAIN BRIDGE BANCORP INC | 75,794 | $3M | 2.1% | HOLD |
| 15 | RYAMRAYONIER ADVANCED MATLS INC | 200,000 | $2M | 1.7% | NEW |
| 16 | PRTHPRIORITY TECHNOLOGY HLDGS IN | 400,000 | $2M | 1.5% | HOLD |
| 17 | KNOPKNOT OFFSHORE PARTNERS LP | 157,082 | $2M | 1.2% | HOLD |
| 18 | BVFLBV FINL INC | 60,616 | $1M | 0.9% | HOLD |
| 19 | GLXYGALAXY DIGITAL INC. | 50,000 | $922,500 | 0.7% | NEW |
| 20 | SCORCOMSCORE INC | 126,207 | $875,877 | 0.7% | HOLD |
| 21 | CMTLCOMTECH TELECOMMUNICATIONS C | 251,881 | $836,245 | 0.7% | HOLD |
| 22 | LELANDS END INC NEW | 50,000 | $562,000 | 0.4% | NEW |
| 23 | FSIFLEXIBLE SOLUTIONS INTL INC | 74,754 | $403,709 | 0.3% | HOLD |
| 24 | MAPSWM TECHNOLOGY INC | 568,883 | $374,553 | 0.3% | HOLD |
| 25 | WALDWALDENCAST PLC | 300,000 | $284,910 | 0.2% | HOLD |
| 26 | FTEKFUEL TECH INC | 146,689 | $178,961 | 0.1% | TRIM −8% |
| 27 | ONLORION PROPERTIES INC | 12,899 | $27,733 | 0.0% | NEW |
| 28 | CNTYCENTURY CASINOS INC | 10,000 | $13,900 | 0.0% | HOLD |
| 29 | FSPFRANKLIN STR PPTYS CORP | 19,868 | $13,202 | 0.0% | HOLD |
| 30 | AUROWAURORA INNOVATION INC | 30,209 | $6,012 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| WULFTERAWULF INC | — | — | — | — | 2.0M | 1.6M | $23M |
| CLSKCLEANSPARK INC | — | — | — | — | — | 1.6M | $13M |
| CORZCORE SCIENTIFIC INC NEW | — | — | — | — | 800K | 850K | $13M |
| ECHOECHOSTAR CORP | — | — | — | — | 150K | 80K | $9M |
| NBISNEBIUS GROUP N.V. | — | — | — | — | 135K | 90K | $9M |
| HUTHUT 8 CORP | — | — | — | — | 260K | 180K | $8M |
| NVRIENVIRI CORP | — | — | — | — | 422K | 422K | $8M |
| VISNCOMMSCOPE HLDG CO INC | — | — | — | — | 400K | 400K | $7M |
| CIFRCIPHER MINING INC | — | — | — | — | — | 400K | $5M |
| PRCHPORCH GROUP INC | — | — | — | — | 450K | 650K | $5M |
| NRGVENERGY VAULT HOLDINGS INC | — | — | — | — | 600K | 1.4M | $5M |
| ATEXANTERIX INC | — | — | — | — | 145K | 100K | $4M |
| TDSTELEPHONE & DATA SYS INC | — | — | — | — | 75K | 75K | $3M |
| CBNACHAIN BRIDGE BANCORP INC | — | — | — | — | 76K | 76K | $3M |
| RYAMRAYONIER ADVANCED MATLS INC | — | — | — | — | — | 200K | $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.
