CIK 1922235
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2024-Q1. 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 | 37.47% | 21 |
| Metals & Mining | 17.63% | 9 |
| Oil, Gas & Consumable Fuels | 11.29% | 6 |
| Diversified Consumer Services | 8.25% | 1 |
| Banks | 4.51% | 1 |
| Real Estate Management & Development | 3.94% | 3 |
| Equity Real Estate Investment Trusts (REITs) | 3.54% | 6 |
| Commercial Services & Supplies | 3.26% | 3 |
| Chemicals | 2.84% | 1 |
| Health Care Equipment & Supplies | 2.70% | 1 |
| Marine | 1.55% | 3 |
| Software | 1.29% | 1 |
| Specialty Retail | 0.65% | 1 |
| Food Products | 0.32% | 1 |
| Insurance | 0.31% | 1 |
| Hotels, Restaurants & Leisure | 0.22% | 1 |
| Agricultural Products | 0.12% | 1 |
| Construction Materials | 0.11% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VGSH | VANGUARD SHORT-TERM TREASURY ETF | Unclassified | 8.32% |
| 2 | LINC | LINCOLN EDUCATIONAL SERVICES CORP | Consumer Discretionary | 8.25% |
| 3 | AGRO | ADECOAGRO S A | Unclassified | 7.63% |
| 4 | VAL | Valaris Ltd | Energy | 5.20% |
| 5 | MUFG | Mitsubishi Ufj Financial Group Inc | Financials | 4.51% |
| 6 | AEM | AGNICO EAGLE MINES LTD | Materials | 4.08% |
| 7 | EQX | EQUINOX GOLD CORP | Materials | 3.60% |
| 8 | MLP | MAUI LAND & PINEAPPLE CO INC | Real Estate | 3.43% |
| 9 | AGI | ALAMOS GOLD INC CLASS A | Materials | 3.41% |
| 10 | RRC | RANGE RESOURCES CORP | Energy | 3.32% |
41/62 names classified · sector 62.5% of weight · industry 62.5% · mkt cap 43.1%; 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: 62.5% of the book is sector-classified (unclassified names shown, never dropped).
Only 31% of book weight classified — the grid is NOT representative of the whole book.
Classified: 31.2% of book weight (23/59 names) · unclassified 68.8%: VGSH, AGRO, MUFG, , AEM, EQX, MLP, AGI, PPLT, MYO +26 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 | VGSHVANGUARD SHORT-TERM TREASURY ETF | 484,669 | $28M | 8.3% | HOLD |
| 2 | LINCLINCOLN EDL SVCS CORP | 2,349,295 | $28M | 8.2% | HOLD |
| 3 | AGROADECOAGRO S A | 2,649,555 | $26M | 7.6% | ADD 30% |
| 4 | VALVALARIS LTD | 235,822 | $18M | 5.2% | ADD 123% |
| 5 | MUFGMITSUBISHI UFJ FINANCIAL GRO | 1,410,464 | $15M | 4.5% | HOLD |
| 6 | AEMAGNICO EAGLE MINES LTD | 210,565 | $14M | 4.1% | TRIM −28% |
| 7 | EQXEQUINOX GOLD CORP | 2,325,521 | $12M | 3.6% | ADD 63% |
| 8 | MLPMAUI LD & PINEAPPLE INC | 526,386 | $12M | 3.4% | ADD 25% |
| 9 | AGIALAMOS GOLD INC NEW | 735,795 | $12M | 3.4% | TRIM −12% |
| 10 | RRCRANGE RES CORP | 334,835 | $11M | 3.3% | TRIM −33% |
| 11 | NEW GOLD INC CDA | 5,210,363 | $10M | 3.0% | ADD 40% |
| 12 | MOSMOSAIC CO NEW | 332,209 | $10M | 2.8% | ADD 1319% |
| 13 | RELYREMITLY GLOBAL INC | 766,048 | $9M | 2.7% | NEW |
| 14 | PPLTABRDN PLATINUM ETF TRUST | 101,485 | $9M | 2.7% | TRIM −73% |
| 15 | MYOMYOMO INC | 2,846,071 | $9M | 2.7% | ADD 73% |
| 16 | BOXXEA SERIES TRUST | 84,429 | $9M | 2.7% | NEW |
| 17 | VALEVALE S A | 742,400 | $8M | 2.5% | NEW |
| 18 | TOTLSSGA ACTIVE ETF TR | 199,562 | $8M | 2.3% | HOLD |
| 19 | PPTAPERPETUA RESOURCES CORP | 1,450,498 | $8M | 2.2% | ADD 6% |
| 20 | SLVISHARES SILVER TR | 279,224 | $7M | 2.2% | HOLD |
| 21 | NENOBLE CORP PLC | 155,000 | $7M | 2.0% | NEW |
| 22 | DLYDOUBLELINE YIELD OPPORTUNITI | 382,782 | $6M | 1.8% | TRIM −37% |
| 23 | DSLDOUBLELINE INCOME SOLUTIONS | 370,799 | $5M | 1.4% | TRIM −34% |
| 24 | MSFTMICROSOFT CORP | 9,787 | $4M | 1.3% | HOLD |
| 25 | DBLDOUBLELINE OPPORTUNISTIC CR | 283,066 | $4M | 1.3% | TRIM −30% |
| 26 | SIVRABRDN SILVER ETF TRUST | 156,000 | $4M | 1.3% | NEW |
| 27 | DOCHEALTHPEAK PROPERTIES INC | 170,488 | $3M | 1.0% | ADD 326% |
| 28 | SMHISEACOR MARINE HLDGS INC | 247,357 | $3M | 1.0% | NEW |
| 29 | NAKNORTHERN DYNASTY MINERALS LT | 10,330,688 | $3M | 0.9% | ADD 11% |
| 30 | MAAMID-AMER APT CMNTYS INC | 18,919 | $3M | 0.8% | NEW |
| 31 | CPTCAMDEN PPTY TR | 24,546 | $3M | 0.8% | NEW |
| 32 | AREALEXANDRIA REAL ESTATE EQ IN | 21,011 | $2M | 0.7% | NEW |
| 33 | CSANCOSAN S A | 225,000 | $2M | 0.6% | NEW |
| 34 | SIMPLIFY EXCHANGE TRADED FUN | 103,358 | $2M | 0.6% | TRIM −77% |
| 35 | SCJISHARES INC | 29,771 | $2M | 0.6% | HOLD |
| 36 | WRNWESTERN COPPER & GOLD CORP | 1,552,749 | $2M | 0.5% | TRIM −7% |
| 37 | BRF SA | 350,000 | $1M | 0.4% | TRIM −13% |
| 38 | TDWTIDEWATER INC NEW | 12,500 | $1M | 0.4% | HOLD |
| 39 | PPCPILGRIMS PRIDE CORP | 28,275 | $1M | 0.3% | TRIM −10% |
| 40 | HGBLHERITAGE GLOBAL INC | 432,900 | $1M | 0.3% | HOLD |
| 41 | PGRPROGRESSIVE CORP | 5,000 | $1M | 0.3% | HOLD |
| 42 | CVECENOVUS ENERGY INC | 50,000 | $983,000 | 0.3% | NEW |
| 43 | THMINTERNATIONAL TOWER HILL MIN | 1,777,727 | $878,819 | 0.3% | TRIM −13% |
| 44 | JOEST JOE CO | 16,000 | $875,200 | 0.3% | HOLD |
| 45 | CRESYCRESUD S A C I F Y A | 99,860 | $820,849 | 0.2% | NEW |
| 46 | ARANTERO RESOURCES CORP | 25,000 | $815,750 | 0.2% | TRIM −29% |
| 47 | SHYISHARES TR | 9,891 | $807,600 | 0.2% | TRIM −17% |
| 48 | DISCOVER FINL SVCS | 6,000 | $784,860 | 0.2% | HOLD |
| 49 | GENKGEN RESTAURENT GROUP | 81,452 | $737,955 | 0.2% | NEW |
| 50 | STNGSCORPIO TANKERS INC | 8,744 | $710,800 | 0.2% | TRIM −16% |
| 51 | GLDSPDR GOLD TR | 3,151 | $677,497 | 0.2% | HOLD |
| 52 | FISVFISERV INC | 4,376 | $652,199 | 0.2% | HOLD |
| 53 | OXYOCCIDENTAL PETE CORP | 10,000 | $630,300 | 0.2% | HOLD |
| 54 | MSOSADVISORSHARES TR | 75,000 | $549,750 | 0.2% | NEW |
| 55 | NEMNEWMONT CORP | 10,000 | $418,700 | 0.1% | NEW |
| 56 | RYNRAYONIER INC | 14,078 | $409,529 | 0.1% | HOLD |
| 57 | CTVACORTEVA INC | 7,400 | $399,156 | 0.1% | HOLD |
| 58 | NLYANNALY CAPITAL MANAGEMENT IN | 20,700 | $394,542 | 0.1% | HOLD |
| 59 | TRMDTORM PLC | 10,000 | $387,700 | 0.1% | NEW |
| 60 | LGOLARGO INC | 200,025 | $370,046 | 0.1% | NEW |
| 61 | URAGLOBAL X FDS | 10,747 | $311,126 | 0.1% | HOLD |
| 62 | INMDINMODE LTD | 15,000 | $273,600 | 0.1% | NEW |
Where this firm's principals came from and which firms its alumni went on to found.
