CIK 807985
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 |
|---|---|---|
| Equity Real Estate Investment Trusts (REITs) | 13.72% | 3 |
| Software & IT Services | 10.35% | 3 |
| Leisure Products | 9.16% | 1 |
| Oil, Gas & Consumable Fuels | 7.61% | 1 |
| Food & Staples Retailing | 6.22% | 1 |
| Paper & Forest Products | 5.21% | 2 |
| Pharmaceuticals & Biotechnology | 4.97% | 1 |
| Food Products | 4.37% | 1 |
| Airlines | 4.34% | 1 |
| Hotels, Restaurants & Leisure | 4.16% | 4 |
| Life Sciences Tools & Services | 3.59% | 2 |
| Machinery | 3.53% | 2 |
| Diversified Consumer Services | 3.42% | 2 |
| Commercial Services & Supplies | 2.85% | 4 |
| Media & Entertainment | 2.56% | 2 |
| Textiles, Apparel & Luxury Goods | 2.53% | 1 |
| Diversified Telecommunication Services | 2.23% | 1 |
| Insurance | 2.04% | 1 |
| Entertainment | 1.52% | 3 |
| Beverages | 1.37% | 2 |
| Agricultural Products | 1.36% | 1 |
| Household Durables | 1.31% | 1 |
| Unclassified | 1.19% | 1 |
| Distributors | 0.14% | 2 |
| Capital Markets | 0.11% | 2 |
| Transportation Infrastructure | 0.09% | 2 |
| Health Care Equipment & Supplies | 0.05% | 1 |
| Banks | 0.01% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | RYN | RAYONIER INC | Real Estate | 10.92% |
| 2 | MAT | MATTEL INC /DE/ | Consumer Discretionary | 9.16% |
| 3 | PPLI | People Inc | Information Technology | 7.92% |
| 4 | CNX | CNX Resources Corp | Energy | 7.61% |
| 5 | ACI | Albertsons Companies, Inc. | Consumer Staples | 6.22% |
| 6 | REGN | REGENERON PHARMACEUTICALS, INC. | Health Care | 4.97% |
| 7 | KHC | Kraft Heinz Co | Consumer Staples | 4.37% |
| 8 | FDX | FEDEX CORP | Industrials | 4.34% |
| 9 | FBIN | Fortune Brands Innovations, Inc. | Materials | 4.13% |
| 10 | MGM | MGM Resorts International | Consumer Discretionary | 3.03% |
48/49 names classified · sector 98.8% of weight · industry 98.8% · mkt cap 95.4%; 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: 98.8% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 78.2% of book weight (31/49 names) · unclassified 21.8%: PPLI, GLIBK, EDU, BATRK, DOLE, AVTR, SN, MICC, CLW, KSPI +8 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 | RYNRAYONIER INC | 10,762,643 | $222M | 10.9% | ADD 90% |
| 2 | MATMATTEL INC | 12,812,157 | $186M | 9.2% | ADD 49% |
| 3 | PPLIIAC INC | 4,022,729 | $161M | 7.9% | HOLD |
| 4 | CNXCNX RES CORP | 4,014,111 | $155M | 7.6% | TRIM −15% |
| 5 | ACIALBERTSONS COS INC | 7,419,801 | $126M | 6.2% | ADD 20% |
| 6 | REGNREGENERON PHARMACEUTICALS | 130,662 | $101M | 5.0% | TRIM −21% |
| 7 | KHCKRAFT HEINZ CO | 3,948,713 | $89M | 4.4% | TRIM −12% |
| 8 | FDXFEDEX CORP | 247,495 | $88M | 4.3% | TRIM −31% |
| 9 | FBINFORTUNE BRANDS INNOVATIONS I | 2,153,285 | $84M | 4.1% | ADD 83% |
| 10 | MGMMGM RESORTS INTERNATIONAL | 1,662,961 | $62M | 3.0% | TRIM −18% |
| 11 | PVHPVH CORPORATION | 736,935 | $51M | 2.5% | HOLD |
| 12 | GLIBKGCI LIBERTY INC | 1,321,110 | $49M | 2.4% | HOLD |
| 13 | TRIPTRIPADVISOR INC | 4,598,068 | $49M | 2.4% | ADD 62% |
| 14 | BIOBIO RAD LABS INC | 162,804 | $45M | 2.2% | TRIM −28% |
| 15 | SHENSHENANDOAH TELECOMMUNICATION | 2,940,296 | $45M | 2.2% | HOLD |
| 16 | WTMWHITE MTNS INS GROUP LTD | 18,864 | $41M | 2.0% | TRIM −40% |
| 17 | CNHCNH INDL N V | 3,716,808 | $41M | 2.0% | HOLD |
| 18 | GHCGRAHAM HLDGS CO | 37,760 | $40M | 2.0% | ADD 6% |
| 19 | FISFIDELITY NATL INFORMATION SV | 827,501 | $39M | 1.9% | ADD 33% |
| 20 | ESRTEMPIRE ST RLTY TR INC | 6,473,317 | $34M | 1.7% | ADD 75% |
| 21 | ACMRACM RESH INC | 782,900 | $31M | 1.5% | TRIM −53% |
| 22 | EDUNEW ORIENTAL ED & TECHNOLOGY | 522,280 | $30M | 1.5% | ADD 38% |
| 23 | BATRKATLANTA BRAVES HLDGS INC | 671,014 | $29M | 1.4% | HOLD |
| 24 | DOLEDOLE PLC | 1,933,708 | $28M | 1.4% | HOLD |
| 25 | AVTRAVANTOR INC | 3,520,212 | $28M | 1.4% | HOLD |
| 26 | SAMBOSTON BEER INC | 118,401 | $27M | 1.3% | TRIM −20% |
| 27 | SNSHARKNINJA INC | 250,666 | $27M | 1.3% | TRIM −13% |
| 28 | MICCMAGNUM ICE CREAM CO NV | 1,619,620 | $24M | 1.2% | ADD 13% |
| 29 | ALXALEXANDERS INC | 99,013 | $23M | 1.2% | TRIM −19% |
| 30 | CLWCLEARWATER PAPER CORP | 1,525,491 | $22M | 1.1% | ADD 10% |
| 31 | KSPIKASPI KZ JSC | 240,628 | $18M | 0.9% | HOLD |
| 32 | HTHTH WORLD GROUP LTD | 231,372 | $12M | 0.6% | HOLD |
| 33 | MLCOMELCO RESORTS AND ENTMNT LTD | 1,797,254 | $10M | 0.5% | HOLD |
| 34 | GLIBAGCI LIBERTY INC | 80,675 | $3M | 0.1% | HOLD |
| 35 | CAHCARDINAL HEALTH INC | 7,337 | $2M | 0.1% | TRIM −15% |
| 36 | AMGAFFILIATED MANAGERS GROUP | 5,562 | $2M | 0.1% | HOLD |
| 37 | LYVLIVE NATION ENTERTAINMENT IN | 8,434 | $1M | 0.1% | HOLD |
| 38 | HSICHENRY SCHEIN INC | 17,038 | $1M | 0.1% | HOLD |
| 39 | XPOXPO INC | 6,336 | $1M | 0.1% | TRIM −51% |
| 40 | HHYATT HOTELS CORP | 7,733 | $1M | 0.1% | HOLD |
| 41 | MSGSMADISON SQUARE GRDN SPRT COR | 3,218 | $1M | 0.1% | HOLD |
| 42 | PYPLPAYPAL HLDGS INC | 22,463 | $1M | 0.0% | TRIM −96% |
| 43 | ENOVENOVIS CORPORATION | 44,258 | $1M | 0.0% | HOLD |
| 44 | LAZLAZARD INC | 18,608 | $790,468 | 0.0% | HOLD |
| 45 | RXORXO INC | 43,731 | $639,347 | 0.0% | HOLD |
| 46 | STZCONSTELLATION BRANDS INC | 3,661 | $549,150 | 0.0% | HOLD |
| 47 | CLVTCLARIVATE PLC | 121,927 | $308,475 | 0.0% | HOLD |
| 48 | HDBHDFC BANK LTD | 10,462 | $260,295 | 0.0% | HOLD |
| 49 | FISVFISERV INC | 3,990 | $222,642 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| RYNRAYONIER INC | — | — | — | 4.5M | 5.7M | 10.8M | $222M |
| MATMATTEL INC | 7.6M | 6.8M | 7.2M | 8.2M | 8.6M | 12.8M | $186M |
| PPLIIAC INC | 2.8M | 2.5M | 2.9M | 2.8M | 4.0M | 4.0M | $161M |
| CNXCNX RES CORP | 4.5M | 4.8M | 4.5M | 4.8M | 4.7M | 4.0M | $155M |
| ACIALBERTSONS COS INC | 5.8M | 5.1M | 3.5M | 4.9M | 6.2M | 7.4M | $126M |
| REGNREGENERON PHARMACEUTICALS | — | 115K | 161K | 145K | 166K | 131K | $101M |
| KHCKRAFT HEINZ CO | 2.8M | 2.5M | 3.7M | 3.6M | 4.5M | 3.9M | $89M |
| FDXFEDEX CORP | 430K | 389K | 380K | 374K | 359K | 247K | $88M |
| FBINFORTUNE BRANDS INNOVATIONS I | — | — | 1.0M | 1.0M | 1.2M | 2.2M | $84M |
| MGMMGM RESORTS INTERNATIONAL | 2.4M | 1.9M | 1.8M | 1.7M | 2.0M | 1.7M | $62M |
| PVHPVH CORPORATION | 510K | 606K | 1.4M | 935K | 737K | 737K | $51M |
| GLIBKGCI LIBERTY INC | — | — | — | 864K | 1.3M | 1.3M | $49M |
| TRIPTRIPADVISOR INC | — | 1.7M | 2.6M | 2.3M | 2.8M | 4.6M | $49M |
| BIOBIO RAD LABS INC | 308K | 324K | 315K | 237K | 228K | 163K | $45M |
| SHENSHENANDOAH TELECOMMUNICATION | — | 910K | 2.3M | 2.4M | 2.9M | 2.9M | $45M |
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.
