CIK 2055657
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 |
|---|---|---|
| Capital Markets | 70.55% | 5 |
| Specialty Retail | 13.43% | 2 |
| Utilities | 8.37% | 1 |
| Unclassified | 6.14% | 15 |
| Equity Real Estate Investment Trusts (REITs) | 1.07% | 1 |
| Commercial Services & Supplies | 0.43% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | PAX | Patria Investments Ltd | Financials | 53.00% |
| 2 | KMX | CARMAX INC | Consumer Discretionary | 10.56% |
| 3 | XIFR | XPLR Infrastructure, LP | Utilities | 8.37% |
| 4 | IVZ | Invesco Ltd. | Financials | 7.79% |
| 5 | OWL | BLUE OWL CAPITAL INC. | Financials | 7.11% |
| 6 | NOMD | NOMAD FOODS LTD | Unclassified | 2.94% |
| 7 | AMZN | AMAZON COM INC | Consumer Discretionary | 2.87% |
| 8 | VINP | VINCI COMPASS INVESTMENTS LT | Unclassified | 2.45% |
| 9 | IBKR | Interactive Brokers Group, Inc. | Financials | 1.83% |
| 10 | KREF | KKR Real Estate Finance Trust Inc. | Real Estate | 1.07% |
11/25 names classified · sector 94.3% of weight · industry 93.9% · mkt cap 40.9%; unclassified names shown, never dropped.
Only 40% of book weight classified — the grid is NOT representative of the whole book.
Classified: 39.8% of book weight (8/25 names) · unclassified 60.2%: PAX, NOMD, VINP, KREF, KSPI, KYIVW, PCAPW, HVMCW, WENNW, SOCAW +7 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 | PAXPATRIA INVESTMENTS LIMITED | 6,054,645 | $76M | 53.0% | NEW |
| 2 | KMXCARMAX INC | 365,447 | $15M | 10.6% | NEW |
| 3 | XIFRXPLR INFRASTRUCTURE LP | 1,135,043 | $12M | 8.4% | NEW |
| 4 | IVZINVESCO LTD | 461,606 | $11M | 7.8% | NEW |
| 5 | OWLBLUE OWL CAPITAL INC | 1,120,600 | $10M | 7.1% | NEW |
| 6 | NOMDNOMAD FOODS LTD | 440,807 | $4M | 2.9% | NEW |
| 7 | AMZNAMAZON COM INC | 19,832 | $4M | 2.9% | NEW |
| 8 | VINPVINCI COMPASS INVESTMENTS LT | 334,688 | $4M | 2.5% | NEW |
| 9 | IBKRINTERACTIVE BROKERS GROUP IN | 39,200 | $3M | 1.8% | NEW |
| 10 | KREFKKR REAL ESTATE FIN TR INC | 252,523 | $2M | 1.1% | NEW |
| 11 | JEFJEFFERIES FINL GROUP INC | 28,828 | $1M | 0.8% | NEW |
| 12 | BF.BBROWN FORMAN CORP | 26,000 | $687,440 | 0.5% | NEW |
| 13 | KSPIKASPI KZ JSC | 8,400 | $622,188 | 0.4% | NEW |
| 14 | KYIVWKYIVSTAR GROUP LTD | 77,360 | $282,364 | 0.2% | NEW |
| 15 | PCAPWPROCAP ACQUISITION CORP | 74,458 | $23,827 | 0.0% | NEW |
| 16 | HVMCWHIGHVIEW MERGER CORP | 75,100 | $18,783 | 0.0% | NEW |
| 17 | WENNWWEN ACQUISITION CORP | 40,837 | $13,088 | 0.0% | NEW |
| 18 | SOCAWSOLARIUS CAPITAL ACQU CORP | 43,280 | $11,253 | 0.0% | NEW |
| 19 | EVOXWEVOLUTION GLOBAL ACQUISITION | 22,350 | $8,940 | 0.0% | NEW |
| 20 | PAII.WSPYROPHYTE ACQUISITION CORP. | 26,850 | $8,861 | 0.0% | NEW |
| 21 | TLNCWTALON CAP CORP | 11,267 | $5,634 | 0.0% | NEW |
| 22 | TACOWBERTO ACQUISITION CORP | 20,000 | $5,420 | 0.0% | NEW |
| 23 | PACHWPIONEER ACQUISITION I CORP | 22,400 | $4,032 | 0.0% | NEW |
| 24 | FIGXWFIGX CAP ACQUISITION CORP. | 14,672 | $3,964 | 0.0% | NEW |
| 25 | GTERRGLOBA TERRA ACQUISITION COR | 10,260 | $1,301 | 0.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| PAXPATRIA INVESTMENTS LIMITED | — | — | — | — | — | 6.1M | $76M |
| KMXCARMAX INC | — | — | — | — | — | 365K | $15M |
| XIFRXPLR INFRASTRUCTURE LP | — | — | — | — | — | 1.1M | $12M |
| IVZINVESCO LTD | — | — | — | — | — | 462K | $11M |
| OWLBLUE OWL CAPITAL INC | — | — | — | — | — | 1.1M | $10M |
| NOMDNOMAD FOODS LTD | — | — | — | — | — | 441K | $4M |
| AMZNAMAZON COM INC | — | — | — | — | — | 20K | $4M |
| VINPVINCI COMPASS INVESTMENTS LT | — | — | — | — | — | 335K | $4M |
| IBKRINTERACTIVE BROKERS GROUP IN | — | — | — | — | — | 39K | $3M |
| KREFKKR REAL ESTATE FIN TR INC | — | — | — | — | — | 253K | $2M |
| JEFJEFFERIES FINL GROUP INC | — | — | — | — | — | 29K | $1M |
| BF.BBROWN FORMAN CORP | — | — | — | — | — | 26K | $687,440 |
| KSPIKASPI KZ JSC | — | — | — | — | — | 8K | $622,188 |
| KYIVWKYIVSTAR GROUP LTD | — | — | — | — | — | 77K | $282,364 |
| PCAPWPROCAP ACQUISITION CORP | — | — | — | — | — | 74K | $23,827 |
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.
