CIK 52234
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 |
|---|---|---|
| Metals & Mining | 25.40% | 10 |
| Insurance | 13.43% | 5 |
| Capital Markets | 12.33% | 5 |
| Specialty Retail | 9.62% | 3 |
| Software & IT Services | 9.35% | 4 |
| Software | 7.86% | 3 |
| Machinery | 6.72% | 1 |
| Commercial Services & Supplies | 6.47% | 3 |
| Health Care Providers & Services | 3.61% | 1 |
| Construction & Engineering | 2.02% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 1.52% | 4 |
| Unclassified | 1.10% | 13 |
| Banks | 0.58% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc. | Communication Services | 8.97% |
| 2 | STLD | STEEL DYNAMICS INC | Materials | 8.76% |
| 3 | LRCX | LAM RESEARCH CORP | Industrials | 6.72% |
| 4 | IAG | IAMGOLD CORP | Materials | 6.46% |
| 5 | IBKR | Interactive Brokers Group, Inc. | Financials | 6.33% |
| 6 | WSM | WILLIAMS SONOMA INC | Consumer Discretionary | 5.89% |
| 7 | MLI | MUELLER INDUSTRIES INC | Materials | 5.41% |
| 8 | NMIH | NMI Holdings, Inc. | Financials | 4.29% |
| 9 | YOU | Clear Secure, Inc. | Information Technology | 4.04% |
| 10 | LPLA | LPL Financial Holdings Inc. | Financials | 4.04% |
42/54 names classified · sector 99.3% of weight · industry 98.9% · mkt cap 92.3%; 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: 99.3% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 83.7% of book weight (32/54 names) · unclassified 16.3%: IAG, YOU, AEM, AUGO, WPM, BTG, KGC, MUX, TFPM, GLD +12 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 | GOOGLALPHABET INC | 108,100 | $31M | 9.0% | HOLD |
| 2 | STLDSTEEL DYNAMICS INC | 168,747 | $30M | 8.8% | HOLD |
| 3 | LRCXLAM RESEARCH CORP | 109,000 | $23M | 6.7% | HOLD |
| 4 | IAGIAMGOLD CORP | 1,190,000 | $22M | 6.5% | HOLD |
| 5 | IBKRINTERACTIVE BROKERS GROUP IN | 327,200 | $22M | 6.3% | HOLD |
| 6 | WSMWILLIAMS SONOMA INC | 111,994 | $20M | 5.9% | HOLD |
| 7 | MLIMUELLER INDS INC | 169,280 | $19M | 5.4% | HOLD |
| 8 | NMIHNMI HLDGS INC | 396,095 | $15M | 4.3% | HOLD |
| 9 | YOUCLEAR SECURE INC | 289,135 | $14M | 4.0% | HOLD |
| 10 | LPLALPL FINL HLDGS INC | 46,500 | $14M | 4.0% | TRIM −5% |
| 11 | PGRPROGRESSIVE CORP | 64,000 | $13M | 3.7% | HOLD |
| 12 | ESNTESSENT GROUP LTD | 214,500 | $13M | 3.6% | TRIM −4% |
| 13 | HCAHCA HEALTHCARE INC | 26,450 | $13M | 3.6% | HOLD |
| 14 | DDSDILLARDS INC | 21,538 | $12M | 3.6% | HOLD |
| 15 | URIUNITED RENTALS INC | 15,409 | $11M | 3.2% | HOLD |
| 16 | QLYSQUALYS INC | 88,641 | $8M | 2.2% | NEW |
| 17 | NVRNVR INC | 1,062 | $7M | 2.0% | HOLD |
| 18 | NUTXNUTEX HEALTH INC | 65,350 | $6M | 1.8% | NEW |
| 19 | ALRMALARM COM HLDGS INC | 126,100 | $5M | 1.6% | NEW |
| 20 | MAMASTERCARD INCORPORATED | 10,000 | $5M | 1.4% | HOLD |
| 21 | UNHUNITEDHEALTH GROUP INC | 13,500 | $4M | 1.1% | TRIM −18% |
| 22 | AEMAGNICO EAGLE MINES LTD | 15,000 | $3M | 0.9% | TRIM −50% |
| 23 | SELFGLOBAL SELF STORAGE INC | 586,500 | $3M | 0.9% | HOLD |
| 24 | AUGOAURA MINERALS INC | 35,000 | $3M | 0.8% | HOLD |
| 25 | ELVELEVANCE HEALTH INC FORMERLY | 9,600 | $3M | 0.8% | HOLD |
| 26 | SSRMSSR MINING IN | 95,000 | $3M | 0.8% | NEW |
| 27 | NEMNEWMONT CORP | 20,250 | $2M | 0.6% | ADD 13% |
| 28 | WPMWHEATON PRECIOUS METALS CORP | 16,700 | $2M | 0.6% | ADD 6% |
| 29 | BTGB2GOLD CORP | 475,000 | $2M | 0.6% | ADD 58% |
| 30 | RGLDROYAL GOLD INC | 8,400 | $2M | 0.6% | HOLD |
| 31 | KGCKINROSS GOLD CORP | 68,500 | $2M | 0.6% | HOLD |
| 32 | JPMJPMORGAN CHASE & CO | 6,800 | $2M | 0.6% | HOLD |
| 33 | MUXMCEWEN INC. | 97,500 | $2M | 0.6% | ADD 105% |
| 34 | TFPMTRIPLE FLAG PRECIOUS METAL | 54,000 | $2M | 0.5% | HOLD |
| 35 | GLDSPDR GOLD TR | 3,290 | $1M | 0.4% | HOLD |
| 36 | EXREXTRA SPACE STORAGE INC | 10,027 | $1M | 0.4% | HOLD |
| 37 | BRK.BBERKSHIRE HATHAWAY INC DEL | 2,500 | $1M | 0.3% | TRIM −17% |
| 38 | SLVISHARES SILVER TR | 15,070 | $1M | 0.3% | TRIM −28% |
| 39 | METAMETA PLATFORMS INC | 1,150 | $657,950 | 0.2% | HOLD |
| 40 | BBWBUILD-A-BEAR WORKSHOP INC | 16,500 | $617,925 | 0.2% | HOLD |
| 41 | CUBECUBESMART | 14,000 | $513,100 | 0.1% | HOLD |
| 42 | EVEREVERQUOTE INC | 32,400 | $499,608 | 0.1% | NEW |
| 43 | PSAPUBLIC STORAGE OPER CO | 1,700 | $460,496 | 0.1% | HOLD |
| 44 | GOOGALPHABET INC | 574 | $165,059 | 0.0% | HOLD |
| 45 | MXEMEXICO EQUITY & INCOME FD | 6,000 | $77,400 | 0.0% | HOLD |
| 46 | SPESPECIAL OPPORTUNITIES FD INC | 2,093 | $28,800 | 0.0% | ADD 5% |
| 47 | BRWSABA CAPITAL INCOME & OPRNT | 3,700 | $24,938 | 0.0% | HOLD |
| 48 | SWZTOTAL RETURN SECURITIES FUND | 2,250 | $13,343 | 0.0% | TRIM −33% |
| 49 | SPECIAL OPPORTUNITIES FD INC | 200 | $4,966 | 0.0% | HOLD |
| 50 | PCFHIGH INCOME SECS FD | 662 | $3,654 | 0.0% | HOLD |
| 51 | CEFSEXCHANGE LISTED FDS TR | 100 | $2,255 | 0.0% | HOLD |
| 52 | XXGRFXXEAGLE CAP GROWTH FD INC | 100 | $1,010 | 0.0% | HOLD |
| 53 | SABASABA CAPITAL INCOME & OPPORT | 17 | $144 | 0.0% | HOLD |
| 54 | SVVCFIRSTHAND TECHNOLOGY VALUE F | 100 | $2 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| GOOGLALPHABET INC | 108K | 108K | 108K | 108K | 108K | 108K | $31M |
| STLDSTEEL DYNAMICS INC | 169K | 169K | 169K | 169K | 169K | 169K | $30M |
| LRCXLAM RESEARCH CORP | 109K | 109K | 109K | 109K | 109K | 109K | $23M |
| IAGIAMGOLD CORP | — | 108K | 1.2M | 1.2M | 1.2M | 1.2M | $22M |
| IBKRINTERACTIVE BROKERS GROUP IN | 82K | 82K | 327K | 327K | 327K | 327K | $22M |
| WSMWILLIAMS SONOMA INC | 112K | 112K | 112K | 112K | 112K | 112K | $20M |
| MLIMUELLER INDS INC | 169K | 169K | 169K | 169K | 169K | 169K | $19M |
| NMIHNMI HLDGS INC | 396K | 396K | 396K | 396K | 396K | 396K | $15M |
| YOUCLEAR SECURE INC | 289K | 289K | 289K | 289K | 289K | 289K | $14M |
| LPLALPL FINL HLDGS INC | 49K | 49K | 49K | 49K | 49K | 47K | $14M |
| PGRPROGRESSIVE CORP | — | — | — | 55K | 64K | 64K | $13M |
| ESNTESSENT GROUP LTD | 225K | 225K | 225K | 225K | 225K | 215K | $13M |
| HCAHCA HEALTHCARE INC | — | — | — | 26K | 26K | 26K | $13M |
| DDSDILLARDS INC | 22K | 22K | 22K | 22K | 22K | 22K | $12M |
| URIUNITED RENTALS INC | 15K | 15K | 15K | 15K | 15K | 15K | $11M |
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.
