CIK 2055400
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 |
|---|---|---|
| Software & IT Services | 15.23% | 4 |
| Media & Entertainment | 15.05% | 2 |
| Commercial Services & Supplies | 11.83% | 2 |
| Insurance | 11.45% | 2 |
| Software | 8.59% | 2 |
| Health Care Providers & Services | 7.16% | 2 |
| Distributors | 5.88% | 1 |
| Diversified Consumer Services | 5.87% | 1 |
| Hotels, Restaurants & Leisure | 5.40% | 1 |
| Beverages | 5.12% | 1 |
| Specialty Retail | 4.44% | 1 |
| Transportation Infrastructure | 3.97% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VSNT | Versant Media Group, Inc. | Communication Services | 8.29% |
| 2 | CMCSA | COMCAST CORP | Communication Services | 6.76% |
| 3 | CI | Cigna Group | Financials | 6.17% |
| 4 | UHS | UNIVERSAL HEALTH SERVICES INC | Health Care | 6.15% |
| 5 | KSPI | Joint Stock Co Kaspi.kz | Industrials | 6.07% |
| 6 | LKQ | LKQ CORP | Consumer Discretionary | 5.88% |
| 7 | HRB | H&R BLOCK INC | Consumer Discretionary | 5.87% |
| 8 | WU | Western Union CO | Industrials | 5.77% |
| 9 | TNL | Travel & Leisure Co. | Consumer Discretionary | 5.40% |
| 10 | MSFT | MICROSOFT CORP | Information Technology | 5.38% |
20/20 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 84.5%; 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: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 84.5% of book weight (17/20 names) · unclassified 15.5%: VSNT, KSPI, GRVY. 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 | VSNTVERSANT MEDIA GROUP INC | 1,694,946 | $63M | 8.3% | NEW |
| 2 | CMCSACOMCAST CORP NEW | 1,783,669 | $51M | 6.8% | ADD 10% |
| 3 | CITHE CIGNA GROUP | 175,000 | $47M | 6.2% | NEW |
| 4 | UHSUniversal Health Svcs., Cl. B | 260,000 | $47M | 6.1% | ADD 29% |
| 5 | KSPIKASPI KZ JSC | 620,000 | $46M | 6.1% | ADD 37% |
| 6 | LKQLKQ CORP | 1,516,724 | $45M | 5.9% | ADD 15% |
| 7 | HRBBLOCK H & R INC | 1,400,000 | $44M | 5.9% | ADD 48% |
| 8 | WUWESTERN UN CO | 5,000,000 | $44M | 5.8% | ADD 19% |
| 9 | TNLTRAVEL PLUS LEISURE CO | 590,849 | $41M | 5.4% | HOLD |
| 10 | MSFTMICROSOFT CORP | 110,000 | $41M | 5.4% | NEW |
| 11 | FDSFACTSET RESH SYS INC | 185,991 | $40M | 5.3% | NEW |
| 12 | ELVELEVANCE HEALTH INC FORMERLY | 136,600 | $40M | 5.3% | ADD 21% |
| 13 | TAPMOLSON COORS BEVERAGE CO | 900,000 | $39M | 5.1% | ADD 9% |
| 14 | GDDYGODADDY INC | 430,000 | $36M | 4.7% | NEW |
| 15 | SBHSALLY BEAUTY HLDGS INC | 2,427,587 | $34M | 4.4% | HOLD |
| 16 | MTCHMATCH GROUP INC NEW | 1,000,007 | $31M | 4.1% | NEW |
| 17 | EXPEEXPEDIA GROUP INC | 130,000 | $30M | 4.0% | ADD 160% |
| 18 | ADBEADOBE INC | 100,000 | $24M | 3.2% | NEW |
| 19 | GRVYGRAVITY CO LTD | 139,744 | $9M | 1.1% | HOLD |
| 20 | DVADaVita HealthCare Partners, Inc. | 50,000 | $8M | 1.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| VSNTVERSANT MEDIA GROUP INC | — | — | — | — | — | 1.7M | $63M |
| CMCSACOMCAST CORP NEW | — | — | — | — | 1.6M | 1.8M | $51M |
| CITHE CIGNA GROUP | — | — | — | — | — | 175K | $47M |
| UHSUniversal Health Svcs., Cl. B | — | 46K | — | 154K | 202K | 260K | $47M |
| KSPIKASPI KZ JSC | — | — | — | — | 453K | 620K | $46M |
| LKQLKQ CORP | — | — | — | — | 1.3M | 1.5M | $45M |
| HRBBLOCK H & R INC | — | — | — | — | 948K | 1.4M | $44M |
| WUWESTERN UN CO | — | — | — | 3.2M | 4.2M | 5.0M | $44M |
| TNLTRAVEL PLUS LEISURE CO | 35K | 255K | 433K | 498K | 591K | 591K | $41M |
| MSFTMICROSOFT CORP | — | — | — | — | — | 110K | $41M |
| FDSFACTSET RESH SYS INC | — | — | — | — | — | 186K | $40M |
| ELVELEVANCE HEALTH INC FORMERLY | — | — | 50K | 94K | 113K | 137K | $40M |
| TAPMOLSON COORS BEVERAGE CO | 164K | 210K | 415K | 660K | 826K | 900K | $39M |
| GDDYGODADDY INC | — | — | — | — | — | 430K | $36M |
| SBHSALLY BEAUTY HLDGS INC | 815K | 1.4M | 2.2M | 2.2M | 2.4M | 2.4M | $34M |
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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