CIK 1956498
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 | 36.36% | 3 |
| Coal & Consumable Fuels | 29.34% | 1 |
| Capital Markets | 8.62% | 1 |
| Specialty Retail | 8.26% | 1 |
| Real Estate Management & Development | 7.40% | 2 |
| Metals & Mining | 6.54% | 1 |
| Pharmaceuticals & Biotechnology | 2.02% | 1 |
| Construction Materials | 0.92% | 1 |
| Utilities | 0.56% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | UBS | UBS Group AG | Financials | 35.45% |
| 2 | AMR | Alpha Metallurgical Resources, Inc. | Energy | 29.34% |
| 3 | IBKR | Interactive Brokers Group, Inc. | Financials | 8.62% |
| 4 | AMZN | AMAZON COM INC | Consumer Discretionary | 8.26% |
| 5 | CRESY | CRESUD INC | Real Estate | 6.93% |
| 6 | B | BARRICK MINING CORP | Materials | 6.54% |
| 7 | BNTX | BioNTech SE | Health Care | 2.02% |
| 8 | LOMA | Loma Negra Compania Industrial Argentina Sociedad Anonima | Materials | 0.92% |
| 9 | TGS | GAS TRANSPORTER OF THE SOUTH INC | Utilities | 0.56% |
| 10 | BBAR | Banco BBVA Argentina S.A. | Financials | 0.52% |
12/12 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 46.2%; 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).
Only 46% of book weight classified — the grid is NOT representative of the whole book.
Classified: 46.2% of book weight (3/12 names) · unclassified 53.8%: UBS, CRESY, B, BNTX, LOMA, TGS, BBAR, IRS, GGAL. 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 | UBSUBS GROUP AG | 1,170,000 | $50M | 35.5% | ADD 9% |
| 2 | AMRALPHA METALLURGICAL RESOUR I | 244,119 | $41M | 29.3% | ADD 19% |
| 3 | IBKRINTERACTIVE BROKERS GROUP IN | 227,226 | $12M | 8.6% | ADD 21% |
| 4 | AMZNAMAZON COM INC | 44,000 | $12M | 8.3% | TRIM −12% |
| 5 | CRESYCRESUD S A C I F Y A | 972,380 | $10M | 6.9% | ADD 27% |
| 6 | BBARRICK MNG CORP | 10,000 | $9M | 6.5% | TRIM −95% |
| 7 | BNTXBIONTECH SE | 29,586 | $3M | 2.0% | HOLD |
| 8 | LOMALOMA NEGRA C I A S A MTN 14 | 99,736 | $1M | 0.9% | HOLD |
| 9 | TGSTRANSPORTADORA DE GAS SUR | 25,000 | $777,250 | 0.6% | HOLD |
| 10 | BBARBANCO BBVA ARGENTINA S A | 40,000 | $722,800 | 0.5% | HOLD |
| 11 | IRSIRSA INVERSIONES Y REP S A | 39,107 | $646,830 | 0.5% | HOLD |
| 12 | GGALGRUPO FINANCIERO GALICIA S.A | 10,000 | $539,400 | 0.4% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| UBSUBS GROUP AG | — | 570K | 995K | 1.0M | 1.1M | 1.2M | $50M |
| AMRALPHA METALLURGICAL RESOUR I | 2K | — | — | — | 205K | 244K | $41M |
| IBKRINTERACTIVE BROKERS GROUP IN | — | — | — | — | 187K | 227K | $12M |
| AMZNAMAZON COM INC | — | — | — | — | 50K | 44K | $12M |
| CRESYCRESUD S A C I F Y A | 80K | 80K | 143K | 143K | 767K | 972K | $10M |
| BBARRICK MNG CORP | — | — | — | 1.6M | 210K | 10K | $9M |
| BNTXBIONTECH SE | 30K | 30K | 30K | 30K | 30K | 30K | $3M |
| LOMALOMA NEGRA C I A S A MTN 14 | — | — | 70K | 100K | 100K | 100K | $1M |
| TGSTRANSPORTADORA DE GAS SUR | — | — | — | — | 25K | 25K | $777,250 |
| BBARBANCO BBVA ARGENTINA S A | 40K | 40K | 40K | 40K | 40K | 40K | $722,800 |
| IRSIRSA INVERSIONES Y REP S A | 36K | 36K | 36K | 36K | 39K | 39K | $646,830 |
| GGALGRUPO FINANCIERO GALICIA S.A | 10K | 10K | 10K | 10K | 10K | 10K | $539,400 |
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.
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