CIK 201772
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.
| Name | Title (as filed) | Since | Ownership |
|---|---|---|---|
| MCNAY, JOSEPH, CLAUDIUS | CHAIRMAN & MANAGING MEMBER | 2012-10 | 25–50% ·◆ |
| PRIAL, NANCY, BETH | CO-CEO & MANAGING MEMBER | 2015-03 | 10–25% ·◆ |
| MCCARTHY, MICHAEL, STEPHEN | CCO/COO/MANAGING MEMBER | 2012-10 | <5% ·◆ |
| UEK, ROBERT, JOSEPH | CO-CEO & MANAGING MEMBER | 2015-03 | <5% ·◆ |
| MCMICHAEL, ANNEMARIE, GELATA | RESEARCH ANALYST, NON- MANAGING MEMBER | 2015-02 | 5–10% |
| SACKS, SARALYN, NMI | SENIOR PORTFOLIO MANAGER & NON-MANAGING MEMBER | 2015-03 | 5–10% |
| HIPPOGRIFFE INVESTMENT LLCentity | NON-MANAGING MEMBER |
| 2015-02 |
| 10–25% |
| BURNT MOUNTAIN INVESTMENTS LLCentity | NON-MANAGING MEMBER | 2015-02 | 5–10% |
| COURCAP LLCentity | NON-MANAGING MEMBER | 2015-02 | 5–10% |
| DRAKES MAINE LLCentity | NON-MANAGING MEMBER | 2015-02 | 5–10% |
| LOCKES INVESTMENT LLCentity | NON-MANAGING MEMBER | 2015-02 | 5–10% |
Direct owners and executive officers as filed on the adviser's Form ADV Schedule A (as-filed titles; ADV updates annually and on material change). This lists officers and 5%+ owners — not necessarily the full portfolio-management team.
Signed this manager's latest 13F (2026-Q1). The filing's authorized signatory — frequently a compliance officer, general counsel, or CFO — not necessarily the portfolio manager or firm leadership.
| Name | Role (as filed) | Departed after | Now at (if tracked) |
|---|---|---|---|
| Giroux, Elizabeth, Ferns | HEAD TRADER & NON-MANAGING MEMBER | 2022-03 | — not seen at a tracked firm |
| COURNAN, MARTIN, PIERCE | SENIOR TRADER & NON-MANAGING MEMBER | 2022-03 | — not seen at a tracked firm |
| Cutler, Stephen, D | PRESIDENT AND MANAGING MEMBER · PRESIDENT AND MANAGER · PRESIDENT · NON-MANAGING MEMBER & PRESIDENT · MANAGING PRINCIPAL & PRESIDENT | 2020-06 | — not seen at a tracked firm |
| FORSE, ALEXANDER, ARMOUR | SENIOR PORTFOLIO MANAGER & NON-MANAGING MEMBER | 2020-06 | — not seen at a tracked firm |
| MCCONNELL, CHRISTOPHER, PAUL | CEO/MANAGING PRINCIPAL/CHIEF COMPLIANCE OFFICER | 2012-03 | — not seen at a tracked firm |
| COULTER, DEBORAH, ANN | SENIOR PRINCIPAL & CHIEF FINANCIAL OFFICER | 2012-03 | — not seen at a tracked firm |
Named owners/officers on a past Form ADV Schedule A who are gone from the firm's latest filing. “Departed after” is the last dated filing they appear on. A landing shows only when the destination is another SEC-registered adviser we track.
