CIK 1997245
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 | 30.12% | 11 |
| Road & Rail | 12.01% | 1 |
| Machinery | 11.33% | 1 |
| Media & Entertainment | 9.29% | 1 |
| Health Care Equipment & Supplies | 8.69% | 1 |
| Chemicals | 6.71% | 1 |
| Semiconductors & Semiconductor Equipment | 4.95% | 1 |
| Diversified Telecommunication Services | 4.71% | 1 |
| Pharmaceuticals & Biotechnology | 4.27% | 1 |
| Diversified Consumer Services | 3.54% | 1 |
| Utilities | 2.36% | 1 |
| Specialty Retail | 0.55% | 1 |
| Banks | 0.44% | 3 |
| Capital Markets | 0.41% | 2 |
| Software | 0.31% | 1 |
| Commercial Services & Supplies | 0.17% | 1 |
| Airlines | 0.15% | 1 |
| Hotels, Restaurants & Leisure | 0.01% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | NSC | NORFOLK SOUTHERN CORP | Industrials | 12.01% |
| 2 | GTLS | CHART INDUSTRIES INC | Industrials | 11.33% |
| 3 | CLEARWATER ANALYTICS HLDGS I | Unclassified | 11.20% | |
| 4 | ACWI | ISHARES TR | Unclassified | 10.55% |
| 5 | WBD | Warner Bros. Discovery, Inc. | Communication Services | 9.29% |
| 6 | PEN | Penumbra Inc | Health Care | 8.69% |
| 7 | KVUE | Kenvue Inc. | Materials | 6.71% |
| 8 | QRVO | Qorvo, Inc. | Information Technology | 4.95% |
| 9 | ECHO | EchoStar CORP | Communication Services | 4.71% |
| 10 | RVMD | Revolution Medicines, Inc. | Health Care | 4.27% |
21/31 names classified · sector 71.7% of weight · industry 69.9% · mkt cap 71.6%; 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: 71.7% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 60.7% of book weight (16/31 names) · unclassified 39.3%: , ACWI, ECHO, RVMD, BRK.B, VTV, IEUR, BBJP, SPY, VGK +5 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 | NSCNORFOLK SOUTHN CORP | 151,835 | $44M | 12.0% | ADD 24% |
| 2 | GTLSCHART INDS INC | 198,940 | $41M | 11.3% | ADD 65% |
| 3 | CLEARWATER ANALYTICS HLDGS I | 1,719,139 | $41M | 11.2% | NEW |
| 4 | ACWIISHARES TR | 276,800 | $38M | 10.6% | HOLD |
| 5 | WBDWARNER BROS DISCOVERY INC | 1,227,776 | $34M | 9.3% | NEW |
| 6 | PENPENUMBRA INC | 95,990 | $32M | 8.7% | NEW |
| 7 | KVUEKENVUE INC | 1,412,271 | $24M | 6.7% | NEW |
| 8 | QRVOQORVO INC | 232,010 | $18M | 4.9% | NEW |
| 9 | ECHOECHOSTAR CORP | 145,935 | $17M | 4.7% | ADD 6% |
| 10 | RVMDREVOLUTION MEDICINES INC | 159,413 | $16M | 4.3% | NEW |
| 11 | UNFUNIFIRST CORP MASS | 51,128 | $13M | 3.5% | NEW |
| 12 | TXNMPNM RES INC | 146,650 | $9M | 2.4% | TRIM −61% |
| 13 | BRK.BBERKSHIRE HATHAWAY INC DEL | 14,000 | $7M | 1.8% | TRIM −13% |
| 14 | VTVVANGUARD INDEX FDS | 33,000 | $6M | 1.8% | TRIM −13% |
| 15 | IEURISHARES TR | 55,000 | $4M | 1.1% | HOLD |
| 16 | BBJPJ P MORGAN EXCHANGE TRADED F | 55,000 | $4M | 1.0% | HOLD |
| 17 | SPYSTATE STR SPDR S&P 500 ETF T | 5,000 | $3M | 0.9% | NEW |
| 18 | VGKVANGUARD INTL EQUITY INDEX F | 35,000 | $3M | 0.8% | TRIM −22% |
| 19 | AMZNAMAZON COM INC | 9,500 | $2M | 0.5% | TRIM −24% |
| 20 | VUGVANGUARD INDEX FDS | 27,100 | $2M | 0.5% | HOLD |
| 21 | MSFTMICROSOFT CORP | 3,000 | $1M | 0.3% | TRIM −50% |
| 22 | IVEISHARES TR | 5,000 | $1M | 0.3% | TRIM −50% |
| 23 | GSGOLDMAN SACHS GROUP INC | 1,000 | $845,990 | 0.2% | NEW |
| 24 | COFCAPITAL ONE FINL CORP | 3,833 | $699,254 | 0.2% | TRIM −81% |
| 25 | MSMORGAN STANLEY | 4,000 | $658,280 | 0.2% | NEW |
| 26 | VVISA INC | 2,000 | $604,480 | 0.2% | NEW |
| 27 | JPMJPMORGAN CHASE & CO | 2,000 | $588,320 | 0.2% | NEW |
| 28 | VLRSCONTROLADORA VUELA COMP DE A | 75,158 | $544,144 | 0.1% | NEW |
| 29 | EWJISHARES INC | 4,000 | $337,760 | 0.1% | HOLD |
| 30 | AXPAMERICAN EXPRESS CO | 1,000 | $302,480 | 0.1% | NEW |
| 31 | FLLFULL HSE RESORTS INC | 10,000 | $22,501 | 0.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| NSCNORFOLK SOUTHN CORP | — | — | — | 96K | 123K | 152K | $44M |
| GTLSCHART INDS INC | — | — | — | 118K | 120K | 199K | $41M |
| CLEARWATER ANALYTICS HLDGS I | — | — | — | — | — | 1.7M | $41M |
| ACWIISHARES TR | 281K | 275K | 277K | 277K | 277K | 277K | $38M |
| WBDWARNER BROS DISCOVERY INC | — | — | — | — | — | 1.2M | $34M |
| PENPENUMBRA INC | — | — | — | — | — | 96K | $32M |
| KVUEKENVUE INC | — | — | — | — | — | 1.4M | $24M |
| QRVOQORVO INC | — | — | — | — | — | 232K | $18M |
| ECHOECHOSTAR CORP | — | — | — | 193K | 138K | 146K | $17M |
| RVMDREVOLUTION MEDICINES INC | — | — | — | — | — | 159K | $16M |
| UNFUNIFIRST CORP MASS | — | — | — | — | — | 51K | $13M |
| TXNMPNM RES INC | — | — | 269K | 390K | 380K | 147K | $9M |
| BRK.BBERKSHIRE HATHAWAY INC DEL | 15K | 15K | 15K | 16K | 16K | 14K | $7M |
| VTVVANGUARD INDEX FDS | 38K | 38K | 38K | 38K | 38K | 33K | $6M |
| IEURISHARES TR | 55K | 55K | 55K | 55K | 55K | 55K | $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.
Where this firm's principals came from and which firms its alumni went on to found.
