CIK 1938268
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 |
|---|---|---|
| Semiconductors & Semiconductor Equipment | 18.47% | 7 |
| Road & Rail | 17.93% | 5 |
| Commercial Services & Supplies | 9.09% | 2 |
| Technology Hardware & Equipment | 7.49% | 2 |
| Machinery | 7.30% | 3 |
| Construction & Engineering | 6.18% | 2 |
| Diversified Consumer Services | 5.41% | 1 |
| Oil, Gas & Consumable Fuels | 4.23% | 2 |
| Tobacco | 3.58% | 1 |
| Automobiles & Components | 3.43% | 1 |
| Construction Materials | 2.59% | 1 |
| Transportation Infrastructure | 2.47% | 1 |
| Electrical Equipment & Components | 2.23% | 1 |
| Chemicals | 2.11% | 1 |
| Metals & Mining | 2.06% | 1 |
| Software & IT Services | 1.90% | 1 |
| Specialty Retail | 1.86% | 1 |
| Beverages | 1.69% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | WM | WASTE MANAGEMENT INC | Industrials | 5.83% |
| 2 | APEI | AMERICAN PUBLIC EDUCATION INC | Consumer Discretionary | 5.41% |
| 3 | JBHT | HUNT J B TRANSPORT SERVICES INC | Industrials | 5.37% |
| 4 | ODFL | OLD DOMINION FREIGHT LINE, INC. | Industrials | 4.95% |
| 5 | PR | Permian Resources Corp | Energy | 4.05% |
| 6 | ONTO | ONTO INNOVATION INC. | Information Technology | 3.90% |
| 7 | COHU | COHU INC | Information Technology | 3.59% |
| 8 | TPB | Turning Point Brands, Inc. | Consumer Staples | 3.58% |
| 9 | FIX | COMFORT SYSTEMS USA INC | Industrials | 3.50% |
| 10 | FSS | FEDERAL SIGNAL CORP /DE/ | Consumer Discretionary | 3.43% |
34/34 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 100.0%; 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: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 91.9% of book weight (31/34 names) · unclassified 8.1%: UCTT, ICHR, AEBI. 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 | WMWASTE MGMT INC DEL | 40,000 | $9M | 5.8% | NEW |
| 2 | APEIAMERICAN PUB ED INC | 150,000 | $9M | 5.4% | TRIM −14% |
| 3 | JBHTHUNT J B TRANS SVCS INC | 40,000 | $8M | 5.4% | NEW |
| 4 | ODFLOLD DOMINION FREIGHT LINE IN | 40,000 | $8M | 5.0% | NEW |
| 5 | PRPERMIAN RESOURCES CORP | 300,000 | $6M | 4.1% | NEW |
| 6 | ONTOONTO INNOVATION INC | 30,000 | $6M | 3.9% | HOLD |
| 7 | COHUCOHU INC | 185,000 | $6M | 3.6% | TRIM −7% |
| 8 | TPBTURNING PT BRANDS INC | 65,000 | $6M | 3.6% | TRIM −43% |
| 9 | FIXCOMFORT SYS USA INC | 4,000 | $6M | 3.5% | TRIM −20% |
| 10 | FSSFEDERAL SIGNAL CORP | 50,000 | $5M | 3.4% | TRIM −29% |
| 11 | CWSTCASELLA WASTE SYS INC | 65,000 | $5M | 3.3% | TRIM −32% |
| 12 | AEISADVANCED ENERGY INDS | 15,000 | $5M | 3.1% | HOLD |
| 13 | UCTTULTRA CLEAN HLDGS INC | 75,000 | $5M | 3.0% | TRIM −44% |
| 14 | ICHRICHOR HOLDINGS | 100,000 | $5M | 3.0% | NEW |
| 15 | MRTNMARTEN TRANS LTD | 350,000 | $5M | 2.9% | NEW |
| 16 | MPWRMONOLITHIC PWR SYS INC | 4,000 | $4M | 2.8% | HOLD |
| 17 | AXONAXON ENTERPRISE INC | 10,000 | $4M | 2.7% | TRIM −20% |
| 18 | MYRGMYR GROUP INC DEL | 15,000 | $4M | 2.7% | NEW |
| 19 | KNFKNIFE RIVER CORP | 50,000 | $4M | 2.6% | HOLD |
| 20 | KLICKULICKE & SOFFA INDS INC | 60,000 | $4M | 2.5% | NEW |
| 21 | XPOXPO INC | 20,000 | $4M | 2.5% | NEW |
| 22 | CECOCECO ENVIRONMENTAL CORP | 65,000 | $4M | 2.5% | NEW |
| 23 | KNXKNIGHT-SWIFT TRANSN HLDGS IN | 65,000 | $4M | 2.4% | TRIM −13% |
| 24 | CVLGCOVENANT LOGISTICS GROUP INC | 135,000 | $4M | 2.3% | NEW |
| 25 | POWLPOWELL INDS INC | 6,500 | $4M | 2.2% | NEW |
| 26 | AEBIAEBI SCHMIDT HLDG AG | 350,000 | $3M | 2.2% | NEW |
| 27 | BHEBENCHMARK ELECTRS INC | 60,000 | $3M | 2.1% | NEW |
| 28 | CSLCARLISLE COS INC | 10,000 | $3M | 2.1% | TRIM −50% |
| 29 | SHLSSHOALS TECHNOLOGIES GROUP IN | 500,000 | $3M | 2.1% | NEW |
| 30 | NEMNEWMONT CORP | 30,000 | $3M | 2.1% | TRIM −40% |
| 31 | CACICACI INTL INC | 5,500 | $3M | 1.9% | NEW |
| 32 | BOOTBOOT BARN HLDGS INC | 20,000 | $3M | 1.9% | HOLD |
| 33 | CELHCELSIUS HLDGS INC | 75,000 | $3M | 1.7% | TRIM −46% |
| 34 | FANGDIAMONDBACK ENERGY INC | 1,422 | $281,257 | 0.2% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| WMWASTE MGMT INC DEL | 40K | 63K | — | — | — | 40K | $9M |
| APEIAMERICAN PUB ED INC | — | 135K | 285K | 265K | 175K | 150K | $9M |
| JBHTHUNT J B TRANS SVCS INC | — | — | — | — | — | 40K | $8M |
| ODFLOLD DOMINION FREIGHT LINE IN | — | — | — | — | — | 40K | $8M |
| PRPERMIAN RESOURCES CORP | — | — | — | — | — | 300K | $6M |
| ONTOONTO INNOVATION INC | 25K | — | 30K | 70K | 30K | 30K | $6M |
| COHUCOHU INC | 100K | — | — | — | 200K | 185K | $6M |
| TPBTURNING PT BRANDS INC | — | 95K | 222K | 100K | 115K | 65K | $6M |
| FIXCOMFORT SYS USA INC | 9K | 10K | 8K | 5K | 5K | 4K | $6M |
| FSSFEDERAL SIGNAL CORP | 50K | 45K | 80K | 55K | 70K | 50K | $5M |
| CWSTCASELLA WASTE SYS INC | — | — | — | — | 95K | 65K | $5M |
| AEISADVANCED ENERGY INDS | 23K | — | — | — | 15K | 15K | $5M |
| UCTTULTRA CLEAN HLDGS INC | — | — | — | — | 135K | 75K | $5M |
| ICHRICHOR HOLDINGS | — | — | — | — | — | 100K | $5M |
| MRTNMARTEN TRANS LTD | — | — | — | — | — | 350K | $5M |
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.
