CIK 1989251
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 |
|---|---|---|
| Oil, Gas & Consumable Fuels | 18.03% | 5 |
| Equity Real Estate Investment Trusts (REITs) | 15.87% | 5 |
| Unclassified | 10.43% | 15 |
| Specialty Retail | 9.50% | 7 |
| Insurance | 8.87% | 3 |
| Diversified Telecommunication Services | 7.52% | 2 |
| Tobacco | 3.86% | 1 |
| Semiconductors & Semiconductor Equipment | 3.20% | 6 |
| Machinery | 3.09% | 2 |
| Food & Staples Retailing | 2.81% | 1 |
| Utilities | 2.73% | 2 |
| Textiles, Apparel & Luxury Goods | 2.08% | 1 |
| Technology Hardware & Equipment | 1.98% | 1 |
| Commercial Services & Supplies | 1.98% | 1 |
| Road & Rail | 1.83% | 2 |
| Capital Markets | 1.52% | 1 |
| Food Products | 1.07% | 1 |
| Software & IT Services | 0.90% | 3 |
| Banks | 0.56% | 2 |
| Pharmaceuticals & Biotechnology | 0.56% | 3 |
| Professional Services | 0.49% | 1 |
| Software | 0.34% | 1 |
| Beverages | 0.27% | 2 |
| Chemicals | 0.23% | 1 |
| Health Care Equipment & Supplies | 0.15% | 1 |
| Media & Entertainment | 0.12% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VZ | VERIZON COMMUNICATIONS INC | Communication Services | 5.86% |
| 2 | BP | BP PLC | Energy | 5.65% |
| 3 | AGNC | AGNC Investment Corp. | Real Estate | 5.63% |
| 4 | ENB | ENBRIDGE INC | Energy | 5.47% |
| 5 | BRK.B | BERKSHIRE HATHAWAY INC | Financials | 4.70% |
| 6 | EG | EVEREST GROUP, LTD. | Financials | 4.61% |
| 7 | CVX | CHEVRON CORP | Energy | 4.41% |
| 8 | NLY | ANNALY CAPITAL MANAGEMENT INC | Real Estate | 4.04% |
| 9 | BTI | British American Tobacco p.l.c. | Consumer Staples | 3.86% |
| 10 | AMZN | AMAZON COM INC | Consumer Discretionary | 3.24% |
57/71 names classified · sector 94.3% of weight · industry 89.6% · mkt cap 77.9%; 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: 94.3% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 64.5% of book weight (46/71 names) · unclassified 35.5%: BP, AGNC, ENB, BRK.B, BTI, WPC, TSM, VIG, FNDF, NBIS +15 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 | VZVERIZON COMMUNICATIONS INC | 290,007 | $15M | 5.9% | TRIM −17% |
| 2 | BPBP PLC | 298,462 | $14M | 5.6% | TRIM −24% |
| 3 | AGNCAGNC Investment Corp | 1,393,804 | $14M | 5.6% | TRIM −5% |
| 4 | ENBENBRIDGE INC | 250,865 | $14M | 5.5% | HOLD |
| 5 | BRK.BBERKSHIRE HATHAWAY INC DEL | 24,345 | $12M | 4.7% | ADD 52% |
| 6 | EGEVEREST GROUP LTD | 35,075 | $11M | 4.6% | HOLD |
| 7 | CVXCHEVRON CORP NEW | 52,961 | $11M | 4.4% | HOLD |
| 8 | NLYANNALY CAPITAL MANAGEMENT IN | 474,512 | $10M | 4.0% | HOLD |
| 9 | BTIBRITISH AMERN TOB PLC | 163,976 | $10M | 3.9% | TRIM −44% |
| 10 | AMZNAMAZON COM INC | 38,696 | $8M | 3.2% | HOLD |
| 11 | CMICUMMINS INC | 13,880 | $7M | 3.0% | HOLD |
| 12 | KRKROGER CO | 96,567 | $7M | 2.8% | HOLD |
| 13 | ORIOld Republic Nat'l. Corp. | 168,474 | $7M | 2.7% | HOLD |
| 14 | KMIKINDER MORGAN INC DEL | 193,137 | $6M | 2.6% | TRIM −3% |
| 15 | BXMTBLACKSTONE MTG TR INC | 310,166 | $6M | 2.4% | HOLD |
| 16 | MMACYS INC | 327,954 | $6M | 2.4% | HOLD |
| 17 | OREALTY INCOME CORP | 85,945 | $5M | 2.1% | TRIM −31% |
| 18 | OXMOXFORD INDS INC | 133,897 | $5M | 2.1% | HOLD |
| 19 | ASOACADEMY SPORTS & OUTDOORS IN | 90,170 | $5M | 2.0% | HOLD |
| 20 | AAPLAPPLE INC | 19,412 | $5M | 2.0% | HOLD |
| 21 | MELIMERCADOLIBRE INC | 2,844 | $5M | 2.0% | TRIM −2% |
| 22 | EOGEOG RES INC | 31,619 | $5M | 1.8% | TRIM −46% |
| 23 | WPCW. P. Carey Inc. | 62,015 | $4M | 1.7% | TRIM −30% |
| 24 | TAT&T INC | 142,595 | $4M | 1.7% | TRIM −20% |
| 25 | CINFCINCINNATI FINL CORP | 24,464 | $4M | 1.5% | TRIM −60% |
| 26 | UPSUNITED PARCEL SERVICE INC | 38,471 | $4M | 1.5% | TRIM −63% |
| 27 | BXBLACKSTONE INC | 32,843 | $4M | 1.5% | NEW |
| 28 | DKSDICKS SPORTING GOODS INC | 18,543 | $4M | 1.5% | NEW |
| 29 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 10,337 | $3M | 1.4% | HOLD |
| 30 | VIGVANGUARD SPECIALIZED FUNDS | 16,120 | $3M | 1.4% | HOLD |
| 31 | CAGCONAGRA BRANDS INC | 168,655 | $3M | 1.1% | HOLD |
| 32 | FNDFSCHWAB STRATEGIC TR | 38,996 | $2M | 0.8% | TRIM −7% |
| 33 | NBISNEBIUS GROUP N.V. | 17,908 | $2M | 0.7% | ADD 79% |
| 34 | MUMICRON TECHNOLOGY INC | 5,272 | $2M | 0.7% | NEW |
| 35 | XOMEXXON MOBIL CORP | 9,800 | $2M | 0.7% | TRIM −9% |
| 36 | RSPINVESCO EXCHANGE TRADED FD T | 7,400 | $1M | 0.6% | TRIM −4% |
| 37 | TSSITSS INC DEL | 94,274 | $1M | 0.5% | TRIM −3% |
| 38 | APLDAPPLIED DIGITAL CORP | 51,359 | $1M | 0.5% | HOLD |
| 39 | VOOVANGUARD INDEX FDS | 1,576 | $941,673 | 0.4% | ADD 2% |
| 40 | DVYISHARES TR | 5,591 | $846,594 | 0.3% | TRIM −3% |
| 41 | MSFTMICROSOFT CORP | 2,262 | $837,353 | 0.3% | ADD 27% |
| 42 | NVDANVIDIA CORPORATION | 4,798 | $836,793 | 0.3% | ADD 71% |
| 43 | SPHQINVESCO EXCHANGE TRADED FD T | 10,535 | $792,150 | 0.3% | TRIM −4% |
| 44 | AXTIAXT INC | 13,778 | $785,070 | 0.3% | NEW |
| 45 | CSXCSX CORP | 18,483 | $758,727 | 0.3% | HOLD |
| 46 | JPMJPMORGAN CHASE & CO | 2,472 | $727,164 | 0.3% | TRIM −2% |
| 47 | IJRISHARES TR | 5,715 | $710,452 | 0.3% | TRIM −2% |
| 48 | AAOIAPPLIED OPTOELECTRONICS INC | 8,179 | $691,862 | 0.3% | NEW |
| 49 | HUTHUT 8 CORP | 14,368 | $674,003 | 0.3% | NEW |
| 50 | INODINNODATA INC | 17,376 | $671,061 | 0.3% | HOLD |
| 51 | GNRSPDR INDEX SHS FDS | 8,473 | $632,645 | 0.3% | TRIM −2% |
| 52 | FBNDFIDELITY TOTAL BOND ETF | 13,846 | $631,654 | 0.3% | TRIM −2% |
| 53 | LLYELI LILLY & CO | 620 | $570,257 | 0.2% | ADD 4% |
| 54 | PGPROCTER AND GAMBLE CO | 3,890 | $561,879 | 0.2% | TRIM −4% |
| 55 | MRKMERCK & CO INC | 4,458 | $536,299 | 0.2% | HOLD |
| 56 | PEPPEPSICO INC | 2,782 | $432,017 | 0.2% | HOLD |
| 57 | HDHOME DEPOT INC | 1,205 | $396,343 | 0.2% | TRIM −2% |
| 58 | AVGOBROADCOM INC | 1,195 | $369,914 | 0.1% | ADD 13% |
| 59 | MMM3M CO | 2,484 | $360,817 | 0.1% | TRIM −3% |
| 60 | GOOGALPHABET INC | 1,206 | $345,953 | 0.1% | TRIM −3% |
| 61 | DFARDIMENSIONAL ETF TRUST | 13,497 | $319,205 | 0.1% | TRIM −4% |
| 62 | SRSPIRE INC | 3,391 | $307,021 | 0.1% | HOLD |
| 63 | NFLXNETFLIX INC | 3,140 | $301,912 | 0.1% | HOLD |
| 64 | JNJJOHNSON & JOHNSON | 1,131 | $276,440 | 0.1% | HOLD |
| 65 | IGVISHARES TR | 3,365 | $269,373 | 0.1% | HOLD |
| 66 | IVVISHARES TR | 386 | $252,312 | 0.1% | HOLD |
| 67 | KOCOCA COLA CO | 3,214 | $244,410 | 0.1% | HOLD |
| 68 | COSTCOSTCO WHSL CORP NEW | 233 | $232,598 | 0.1% | TRIM −17% |
| 69 | WMTWALMART INC | 1,813 | $225,320 | 0.1% | HOLD |
| 70 | CATCATERPILLAR INC | 313 | $221,748 | 0.1% | TRIM −11% |
| 71 | VTIVANGUARD INDEX FDS | 658 | $211,133 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| VZVERIZON COMMUNICATIONS INC | 126K | 271K | 223K | 348K | 350K | 290K | $15M |
| BPBP PLC | — | 90K | 189K | 390K | 391K | 298K | $14M |
| AGNCAGNC Investment Corp | 2.1M | 2.0M | 2.2M | 1.8M | 1.5M | 1.4M | $14M |
| ENBENBRIDGE INC | 504K | 408K | 332K | 310K | 253K | 251K | $14M |
| BRK.BBERKSHIRE HATHAWAY INC DEL | 21K | 8K | 8K | 8K | 16K | 24K | $12M |
| EGEVEREST GROUP LTD | — | 17K | — | 29K | 35K | 35K | $11M |
| CVXCHEVRON CORP NEW | 51K | 52K | 51K | 53K | 54K | 53K | $11M |
| NLYANNALY CAPITAL MANAGEMENT IN | 406K | 319K | 315K | 471K | 472K | 475K | $10M |
| BTIBRITISH AMERN TOB PLC | 389K | 393K | 315K | 290K | 291K | 164K | $10M |
| AMZNAMAZON COM INC | 11K | 11K | 11K | 12K | 38K | 39K | $8M |
| CMICUMMINS INC | 12K | 12K | 22K | 23K | 14K | 14K | $7M |
| KRKROGER CO | — | — | — | — | 97K | 97K | $7M |
| ORIOld Republic Nat'l. Corp. | 208K | 209K | 212K | 165K | 167K | 168K | $7M |
| KMIKINDER MORGAN INC DEL | — | — | 387K | — | 199K | 193K | $6M |
| BXMTBLACKSTONE MTG TR INC | 276K | 278K | 288K | 300K | 306K | 310K | $6M |
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.
