CIK 1970572
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 | 38.11% | 2 |
| Banks | 23.03% | 2 |
| Airlines | 21.15% | 1 |
| Utilities | 7.91% | 1 |
| Construction Materials | 5.41% | 1 |
| Software | 2.23% | 1 |
| Media & Entertainment | 2.16% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | USHY | ISHARES TR | Unclassified | 21.16% |
| 2 | AERO | Grupo Aeromexico, S.A.B. de C.V. | Industrials | 21.15% |
| 3 | CORZ | Core Scientific, Inc./tx | Financials | 18.06% |
| 4 | HYG | ISHARES TR | Unclassified | 16.95% |
| 5 | VST | Vistra Corp. | Utilities | 7.91% |
| 6 | TECK | TECK RESOURCES LTD | Materials | 5.41% |
| 7 | RKT | Rocket Companies, Inc. | Financials | 4.97% |
| 8 | EA | ELECTRONIC ARTS INC. | Information Technology | 2.23% |
| 9 | GTN | GRAY MEDIA, INC | Communication Services | 2.16% |
7/9 names classified · sector 61.9% of weight · industry 61.9% · mkt cap 40.7%; 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: 61.9% of the book is sector-classified (unclassified names shown, never dropped).
Only 12% of book weight classified — the grid is NOT representative of the whole book.
Classified: 12.3% of book weight (3/9 names) · unclassified 87.7%: USHY, AERO, CORZ, HYG, TECK, RKT. 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 | USHYISHARES TR | 1,084,952 | $40M | 21.2% | ADD 27% |
| 2 | AEROGRUPO AEROMEXICO SAB DE CV | 2,851,895 | $40M | 21.2% | ADD 12% |
| 3 | CORZCORE SCIENTIFIC INC NEW | 2,280,252 | $34M | 18.1% | HOLD |
| 4 | HYGISHARES TR | 402,329 | $32M | 16.9% | NEW |
| 5 | VSTVISTRA CORP | 99,349 | $15M | 7.9% | HOLD |
| 6 | TECKTECK RESOURCES LTD | 197,440 | $10M | 5.4% | TRIM −34% |
| 7 | RKTROCKET COS INC | 659,400 | $9M | 5.0% | HOLD |
| 8 | EAELECTRONIC ARTS INC | 20,700 | $4M | 2.2% | NEW |
| 9 | GTNGRAY MEDIA INC | 939,714 | $4M | 2.2% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| USHYISHARES TR | 576K | 1.2M | 1.0M | 466K | 852K | 1.1M | $40M |
| AEROGRUPO AEROMEXICO SAB DE CV | — | — | — | — | 2.5M | 2.9M | $40M |
| CORZCORE SCIENTIFIC INC NEW | — | 600K | 910K | 2.3M | 2.3M | 2.3M | $34M |
| HYGISHARES TR | — | 110K | — | — | — | 402K | $32M |
| VSTVISTRA CORP | 86K | 86K | 134K | 134K | 99K | 99K | $15M |
| TECKTECK RESOURCES LTD | 168K | — | — | 521K | 297K | 197K | $10M |
| RKTROCKET COS INC | — | — | 400K | — | 659K | 659K | $9M |
| EAELECTRONIC ARTS INC | — | — | — | — | — | 21K | $4M |
| GTNGRAY MEDIA INC | — | — | — | 940K | 940K | 940K | $4M |
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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