CIK 2116339
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 | 61.73% | 52 |
| Oil, Gas & Consumable Fuels | 11.79% | 7 |
| Commercial Services & Supplies | 4.94% | 1 |
| Metals & Mining | 4.87% | 2 |
| Food & Staples Retailing | 2.78% | 1 |
| Tobacco | 2.44% | 1 |
| Pharmaceuticals & Biotechnology | 2.39% | 2 |
| Specialty Retail | 2.36% | 3 |
| Coal & Consumable Fuels | 2.26% | 2 |
| Utilities | 1.24% | 1 |
| Technology Hardware & Equipment | 0.59% | 1 |
| Capital Markets | 0.56% | 1 |
| Software | 0.38% | 1 |
| Semiconductors & Semiconductor Equipment | 0.32% | 2 |
| Equity Real Estate Investment Trusts (REITs) | 0.32% | 1 |
| Aerospace & Defense | 0.27% | 1 |
| Chemicals | 0.19% | 2 |
| Diversified Telecommunication Services | 0.15% | 1 |
| Insurance | 0.15% | 1 |
| Airlines | 0.15% | 1 |
| Electrical Equipment & Components | 0.12% | 1 |
| Beverages | 0.01% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | PBR.A | PETROLEO BRASILEIRO SA PETRO | Unclassified | 7.01% |
| 2 | BIL | SPDR SERIES TRUST | Unclassified | 5.98% |
| 3 | CNQ | CANADIAN NATURAL RESOURCES LTD | Energy | 5.19% |
| 4 | KSPI | Joint Stock Co Kaspi.kz | Industrials | 4.94% |
| 5 | EWZS | ISHARES TR | Unclassified | 4.92% |
| 6 | VALE | Vale S.A. | Materials | 4.81% |
| 7 | PHYS | Sprott Physical Gold Trust | Unclassified | 3.97% |
| 8 | NE | Noble Corp plc | Energy | 3.41% |
| 9 | SFM | Sprouts Farmers Market, Inc. | Consumer Staples | 2.78% |
| 10 | QQQ | INVESCO QQQ TR | Unclassified | 2.72% |
34/86 names classified · sector 38.3% of weight · industry 38.3% · mkt cap 20.5%; 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: 38.3% of the book is sector-classified (unclassified names shown, never dropped).
Only 18% of book weight classified — the grid is NOT representative of the whole book.
Classified: 17.7% of book weight (20/85 names) · unclassified 82.3%: PBR.A, BIL, CNQ, KSPI, EWZS, VALE, PHYS, QQQ, LEMB, BTI +55 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 | PBR.APETROLEO BRASILEIRO SA PETRO | 656,972 | $12M | 7.0% | HOLD |
| 2 | BILSPDR SERIES TRUST | 114,650 | $11M | 6.0% | ADD 3% |
| 3 | CNQCANADIAN NAT RES LTD | 187,376 | $9M | 5.2% | TRIM −2% |
| 4 | KSPIKASPI KZ JSC | 117,329 | $9M | 4.9% | ADD 7% |
| 5 | EWZSISHARES TR | 584,432 | $9M | 4.9% | ADD 3% |
| 6 | VALEVALE S A | 531,278 | $8M | 4.8% | TRIM −6% |
| 7 | PHYSSprott Physical Gold Trust | 196,727 | $7M | 4.0% | HOLD |
| 8 | NENOBLE CORP PLC | 122,320 | $6M | 3.4% | TRIM −3% |
| 9 | SFMSPROUTS FMRS MKT INC | 63,282 | $5M | 2.8% | ADD 1482% |
| 10 | QQQINVESCO QQQ TR | 8,280 | $5M | 2.7% | ADD 2% |
| 11 | LEMBISHARES INC | 111,602 | $5M | 2.6% | TRIM −3% |
| 12 | BTIBRITISH AMERN TOB PLC | 73,287 | $4M | 2.4% | HOLD |
| 13 | CPACOPA HOLDINGS SA | 35,000 | $4M | 2.3% | TRIM −2% |
| 14 | XOMEXXON MOBIL CORP | 23,420 | $4M | 2.3% | HOLD |
| 15 | NE.WSNOBLE CORP PLC | 117,429 | $4M | 2.0% | HOLD |
| 16 | ABBVABBVIE INC | 15,314 | $3M | 1.9% | HOLD |
| 17 | HCCWARRIOR MET COAL INC | 35,687 | $3M | 1.9% | TRIM −5% |
| 18 | WIPSPDR SERIES TRUST | 77,391 | $3M | 1.7% | ADD 2% |
| 19 | MTBASIMPLIFY EXCHANGE TRADED FUN | 60,229 | $3M | 1.7% | ADD 12% |
| 20 | TIPISHARES TR | 25,242 | $3M | 1.6% | HOLD |
| 21 | ULTAULTA BEAUTY INC | 4,677 | $2M | 1.4% | TRIM −11% |
| 22 | EPDENTERPRISE PRODS PARTNERS L | 57,386 | $2M | 1.2% | HOLD |
| 23 | IQLTISHARES TR | 43,785 | $2M | 1.2% | ADD 5% |
| 24 | EWZISHARES INC MSCI BRAZIL ETF | 51,832 | $2M | 1.1% | ADD 6% |
| 25 | AUSFGLOBAL X FDS | 41,044 | $2M | 1.1% | ADD 6% |
| 26 | MMTMSPDR SERIES TRUST | 6,906 | $2M | 1.1% | ADD 4% |
| 27 | SPMOInvesco ETF Trust II - S&P500 Momentum ETF | 16,553 | $2M | 1.1% | ADD 6% |
| 28 | COALEXCHANGE TRADED CONCEPTS TRU | 67,018 | $2M | 1.0% | ADD 4% |
| 29 | TSLXSIXTH STREET SPECIALTY LENDI | 97,416 | $2M | 1.0% | ADD 77% |
| 30 | IDMOINVESCO EXCH TRADED FD TR II | 29,551 | $2M | 0.9% | ADD 7% |
| 31 | AVDVAMERICAN CENTY ETF TR | 16,025 | $2M | 0.9% | ADD 6% |
| 32 | BLDGCAMBRIA ETF TR | 63,868 | $2M | 0.9% | TRIM −23% |
| 33 | EYLDCAMBRIA ETF TR | 36,832 | $2M | 0.9% | HOLD |
| 34 | EDVVANGUARD WORLD FD | 22,890 | $1M | 0.8% | ADD 2% |
| 35 | AVUVAMERICAN CENTY ETF TR | 13,370 | $1M | 0.8% | ADD 8% |
| 36 | DGSWISDOMTREE TR | 22,629 | $1M | 0.8% | ADD 5% |
| 37 | WMTWALMART INC | 10,769 | $1M | 0.8% | TRIM −17% |
| 38 | KMLMKRANESHARES TRUST | 45,858 | $1M | 0.7% | ADD 7% |
| 39 | BBLUEA SERIES TRUST | 85,292 | $1M | 0.7% | ADD 3% |
| 40 | FLSPFRANKLIN TEMPLETON ETF TR | 44,701 | $1M | 0.7% | ADD 2% |
| 41 | VNQIVANGUARD INTL EQUITY INDEX F | 27,313 | $1M | 0.7% | HOLD |
| 42 | LVHILEGG MASON ETF INVT | 28,834 | $1M | 0.7% | ADD 5% |
| 43 | GTIPGOLDMAN SACHS ETF TR | 22,280 | $1M | 0.6% | ADD 9% |
| 44 | IEFISHARES TR | 11,088 | $1M | 0.6% | ADD 6% |
| 45 | AAPLAPPLE INC | 4,058 | $1M | 0.6% | TRIM −15% |
| 46 | BBNBLACKROCK TAX MUNICPAL BD TR | 61,809 | $999,455 | 0.6% | HOLD |
| 47 | ABALLIANCEBERNSTEIN HLDG L P | 26,450 | $990,288 | 0.6% | HOLD |
| 48 | OEFISHARES TR | 3,112 | $989,834 | 0.6% | HOLD |
| 49 | AVLVAMERICAN CENTY ETF TR | 12,185 | $982,216 | 0.6% | ADD 6% |
| 50 | GSPYTIDAL TRUST I | 26,534 | $938,860 | 0.5% | ADD 2% |
| 51 | VOOVANGUARD INDEX FDS | 1,565 | $935,008 | 0.5% | HOLD |
| 52 | ABTABBOTT LABS | 8,402 | $862,633 | 0.5% | TRIM −3% |
| 53 | LTPZPIMCO ETF TR | 16,357 | $834,688 | 0.5% | HOLD |
| 54 | BCDABRDN ETFS | 22,443 | $803,011 | 0.5% | ADD 5% |
| 55 | FYLDCAMBRIA ETF TR | 21,126 | $788,730 | 0.4% | ADD 3% |
| 56 | NAMSNEWAMSTERDAM PHARMA COMPANY | 23,500 | $752,235 | 0.4% | TRIM −60% |
| 57 | MSFTMICROSOFT CORP | 1,799 | $666,112 | 0.4% | TRIM −13% |
| 58 | NRPNATURAL RESOURCE PARTNERS L | 5,325 | $644,325 | 0.4% | HOLD |
| 59 | MPLXMPLX LP | 11,000 | $627,770 | 0.4% | HOLD |
| 60 | TLTISHARES TR | 7,216 | $625,572 | 0.4% | HOLD |
| 61 | XNEAXNUVEEN AMT FREE QLTY MUN INC | 53,500 | $600,805 | 0.3% | TRIM −4% |
| 62 | EMLCVANECK ETF TRUST | 23,489 | $589,805 | 0.3% | HOLD |
| 63 | GSLGLOBAL SHIP LEASE INC NEW | 15,623 | $581,644 | 0.3% | TRIM −24% |
| 64 | OHIOMEGA HEALTHCARE INVS INC | 12,681 | $555,663 | 0.3% | TRIM −6% |
| 65 | SUSUNCOR ENERGY INC NEW | 7,715 | $510,039 | 0.3% | HOLD |
| 66 | HONHONEYWELL INTL INC | 2,114 | $477,827 | 0.3% | TRIM −35% |
| 67 | AMZNAMAZON COM INC | 1,722 | $358,641 | 0.2% | TRIM −21% |
| 68 | GVALCAMBRIA ETF TR | 10,212 | $338,731 | 0.2% | HOLD |
| 69 | NVDANVIDIA CORPORATION | 1,940 | $338,359 | 0.2% | TRIM −45% |
| 70 | GOAUETF SER SOLUTIONS | 7,282 | $323,019 | 0.2% | ADD 8% |
| 71 | UANCVR PARTNERS LP | 2,450 | $310,342 | 0.2% | HOLD |
| 72 | PEYINVESCO EXCHANGE TRADED FD T | 13,428 | $287,612 | 0.2% | HOLD |
| 73 | CVXCHEVRON CORP NEW | 1,365 | $282,419 | 0.2% | TRIM −21% |
| 74 | TAT&T INC | 9,352 | $271,114 | 0.2% | ADD 3% |
| 75 | JXNJACKSON FINANCIAL INC | 2,544 | $268,992 | 0.2% | TRIM −87% |
| 76 | XLFSELECT SECTOR SPDR TR | 5,409 | $267,042 | 0.2% | TRIM −6% |
| 77 | UALUNITED AIRLS HLDGS INC | 2,782 | $256,139 | 0.1% | HOLD |
| 78 | AVGOBROADCOM INC | 705 | $218,358 | 0.1% | TRIM −20% |
| 79 | GEGE AEROSPACE | 750 | $212,828 | 0.1% | HOLD |
| 80 | ENBENBRIDGE INC | 3,850 | $208,439 | 0.1% | NEW |
| 81 | FBTFirst Trust NYSE Arca Biotech ETF | 1,026 | $206,096 | 0.1% | HOLD |
| 82 | BRAEMAR HOTELS & RESORTS INC | 11,500 | $167,210 | 0.1% | HOLD |
| 83 | NXENEXGEN ENERGY LTD | 10,000 | $116,000 | 0.1% | HOLD |
| 84 | CBUSCIBUS INC | 15,500 | $30,690 | 0.0% | NEW |
| 85 | SBEVSPLASH BEVERAGE GROUP INC | 66,050 | $23,728 | 0.0% | HOLD |
| 86 | BRAG HSE HLDGS INC | 33,000 | $8,798 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| PBR/APETROLEO BRASILEIRO SA PETRO | — | — | — | — | 669K | 657K | $12M |
| BILSPDR SERIES TRUST | — | — | — | — | 112K | 115K | $11M |
| CNQCANADIAN NAT RES LTD | — | — | — | — | 192K | 187K | $9M |
| KSPIKASPI KZ JSC | — | — | — | — | 110K | 117K | $9M |
| EWZSISHARES TR | — | — | — | — | 565K | 584K | $9M |
| VALEVALE S A | — | — | — | — | 566K | 531K | $8M |
| PHYSSprott Physical Gold Trust | — | — | — | — | 195K | 197K | $7M |
| NENOBLE CORP PLC | — | — | — | — | 126K | 122K | $6M |
| SFMSPROUTS FMRS MKT INC | — | — | — | — | 4K | 63K | $5M |
| QQQINVESCO QQQ TR | — | — | — | — | 8K | 8K | $5M |
| LEMBISHARES INC | — | — | — | — | 115K | 112K | $5M |
| BTIBRITISH AMERN TOB PLC | — | — | — | — | 72K | 73K | $4M |
| CPACOPA HOLDINGS SA | — | — | — | — | 36K | 35K | $4M |
| XOMEXXON MOBIL CORP | — | — | — | — | 24K | 23K | $4M |
| NE/WSNOBLE CORP PLC | — | — | — | — | 117K | 117K | $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.
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