CIK 1965304
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 |
|---|---|---|
| Unclassified | 66.83% | 15 |
| Entertainment | 13.16% | 2 |
| Insurance | 8.24% | 1 |
| Hotels, Restaurants & Leisure | 5.55% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 4.09% | 1 |
| Oil, Gas & Consumable Fuels | 2.14% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | MTN | VAIL RESORTS INC | Communication Services | 11.20% |
| 2 | IVE | ISHARES TR | Unclassified | 11.13% |
| 3 | VEA | VANGUARD TAX-MANAGED FDS | Unclassified | 10.29% |
| 4 | UNH | UNITEDHEALTH GROUP INC | Financials | 8.24% |
| 5 | VWO | VANGUARD INTL EQUITY INDEX F | Unclassified | 7.00% |
| 6 | IBB | ISHARES TR | Unclassified | 6.02% |
| 7 | IWC | ISHARES TR | Unclassified | 5.73% |
| 8 | CNNE | Cannae Holdings, Inc. | Consumer Discretionary | 5.55% |
| 9 | KRE | SPDR SERIES TRUST | Unclassified | 4.20% |
| 10 | SAFE | Safehold Inc. | Real Estate | 4.09% |
6/21 names classified · sector 33.2% of weight · industry 33.2% · mkt cap 33.2%; 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: 33.2% of the book is sector-classified (unclassified names shown, never dropped).
Only 29% of book weight classified — the grid is NOT representative of the whole book.
Classified: 29.1% of book weight (4/21 names) · unclassified 70.9%: IVE, VEA, VWO, IBB, IWC, KRE, MANU, EWW, EWZ, VB +7 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 | MTNVAIL RESORTS INC | 86,000 | $11M | 11.2% | HOLD |
| 2 | IVEISHARES TR | 51,905 | $11M | 11.1% | HOLD |
| 3 | VEAVANGUARD TAX-MANAGED FDS | 158,160 | $10M | 10.3% | HOLD |
| 4 | UNHUNITEDHEALTH GROUP INC | 30,000 | $8M | 8.2% | HOLD |
| 5 | VWOVANGUARD INTL EQUITY INDEX F | 127,630 | $7M | 7.0% | HOLD |
| 6 | IBBISHARES TR | 35,095 | $6M | 6.0% | HOLD |
| 7 | IWCISHARES TR | 35,385 | $6M | 5.7% | HOLD |
| 8 | CNNECANNAE HLDGS INC | 480,600 | $5M | 5.5% | NEW |
| 9 | KRESPDR SERIES TRUST | 63,510 | $4M | 4.2% | HOLD |
| 10 | SAFESAFEHOLD INC | 297,477 | $4M | 4.1% | HOLD |
| 11 | MANUMANCHESTER UTD PLC NEW | 200,000 | $3M | 3.4% | HOLD |
| 12 | EWWISHARES INC MSCI MEXICO ETF | 41,850 | $3M | 3.2% | HOLD |
| 13 | EWZISHARES INC MSCI BRAZIL ETF | 81,300 | $3M | 3.2% | HOLD |
| 14 | VBVANGUARD INDEX FDS | 11,010 | $3M | 2.9% | HOLD |
| 15 | EWYISHARES INC MSCI STH KOR ETF | 20,155 | $2M | 2.5% | HOLD |
| 16 | CRGYCRESCENT ENERGY COMPANY | 156,166 | $2M | 2.1% | HOLD |
| 17 | EWTISHARES INC MSCI TAIWAN ETF | 27,435 | $2M | 2.0% | HOLD |
| 18 | BATRKATLANTA BRAVES HLDGS INC | 45,130 | $2M | 2.0% | NEW |
| 19 | OCSLOAKTREE SPECIALTY LENDING CO | 170,100 | $2M | 2.0% | NEW |
| 20 | EWJISHARES INC | 20,100 | $2M | 1.7% | HOLD |
| 21 | GXCSPDR INDEX SHS FDS | 16,750 | $2M | 1.6% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| MTNVAIL RESORTS INC | 86K | 86K | 86K | 86K | 86K | 86K | $11M |
| IVEISHARES TR | 52K | 52K | 52K | 52K | 52K | 52K | $11M |
| VEAVANGUARD TAX-MANAGED FDS | 158K | 158K | 158K | 158K | 158K | 158K | $10M |
| UNHUNITEDHEALTH GROUP INC | — | — | — | — | 30K | 30K | $8M |
| VWOVANGUARD INTL EQUITY INDEX F | 128K | 128K | 128K | 128K | 128K | 128K | $7M |
| IBBISHARES TR | 43K | 43K | 35K | 35K | 35K | 35K | $6M |
| IWCISHARES TR | 35K | 35K | 35K | 35K | 35K | 35K | $6M |
| CNNECANNAE HLDGS INC | — | — | — | — | — | 481K | $5M |
| KRESPDR SERIES TRUST | 77K | 77K | 64K | 64K | 64K | 64K | $4M |
| SAFESAFEHOLD INC | — | — | 297K | 297K | 297K | 297K | $4M |
| MANUMANCHESTER UTD PLC NEW | — | 200K | 200K | 200K | 200K | 200K | $3M |
| EWWISHARES INC MSCI MEXICO ETF | 42K | 42K | 42K | 42K | 42K | 42K | $3M |
| EWZISHARES INC MSCI BRAZIL ETF | 81K | 81K | 81K | 81K | 81K | 81K | $3M |
| VBVANGUARD INDEX FDS | 11K | 11K | 11K | 11K | 11K | 11K | $3M |
| EWYISHARES INC MSCI STH KOR ETF | 20K | 20K | 20K | 20K | 20K | 20K | $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.
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