MAD RIVER INVESTORS Long-Term Concentrated

Location: Boston, MA

CIK: 0001384484 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 2, 2021

Total Value: $156M (100.0% shares, 0.0% debt)

Holdings (25)

TPL TEXAS PACIFIC LAND CORPORATI 54.8%

Value $85.43M Shares 53,403 Est. Cost $117.17 Unrealized +40.1%

WPM WHEATON PRECIOUS METALS CORP 6.1%

Value $9.538M Shares 216,427 Est. Cost $18.27 Unrealized +131.1%

CVEO CIVEO CORP CDA 4.3%

Value $6.738M Shares 378,565 Est. Cost $11.28 Unrealized +37.9%

MSB MESABI TR 4.3%

Value $6.687M Shares 188,900 Est. Cost $26.04 Unrealized —

CACI CACI INTL INC 4.2%

Value $6.475M Shares 25,380 Est. Cost $211.31 Unrealized +22.1%

FNV FRANCO NEV CORP 3.8%

Value $5.856M Shares 40,365 Est. Cost $78.28 Unrealized +77.1%

ACGP ASSOCIATED CAP GROUP INC 3.0%

Value $4.691M Shares 120,725 Est. Cost $33.44 Unrealized +0.8%

— HOWARD HUGHES CORP 2.9%

Value $4.521M Shares 46,386 Est. Cost $112.27 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 2.5%

Value $3.899M Shares 14,028 Est. Cost $134.20 Unrealized +108.2%

— SANDSTORM GOLD LTD 2.0%

Value $3.066M Shares 388,600 Est. Cost $7.89 Unrealized —

LBRDK LIBERTY BROADBAND CORP 1.8%

Value $2.879M Shares 16,580 Est. Cost $47.96 Unrealized +214.1%

EBAY EBAY INC. 1.7%

Value $2.575M Shares 36,675 Est. Cost $57.72 Unrealized 0.0%

CME CME GROUP INC 1.4%

Value $2.217M Shares 10,424 Est. Cost $121.09 Unrealized +45.0%

BA BOEING CO 1.3%

Value $2.072M Shares 8,650 Est. Cost $154.19 Unrealized +56.8%

— LIBERTY MEDIA CORP DEL 1.3%

Value $2.007M Shares 41,625 Est. Cost $23.12 Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 1.0%

Value $1.582M Shares 13,325 Est. Cost $85.59 Unrealized +26.6%

CBOE CBOE GLOBAL MKTS INC 0.9%

Value $1.37M Shares 11,510 Est. Cost $109.37 Unrealized -5.4%

— LIBERTY MEDIA CORP DEL 0.7%

Value $1.151M Shares 24,814 Est. Cost $30.87 Unrealized —

RLI RLI CORP 0.5%

Value $732K Shares 7,000 Est. Cost $22.65 Unrealized +100.0%

LBRDA LIBERTY BROADBAND CORP 0.4%

Value $562K Shares 3,340 Est. Cost $46.50 Unrealized +215.1%

— LIBERTY MEDIA CORP DEL 0.4%

Value $560K Shares 13,133 Est. Cost $19.16 Unrealized —

DIS DISNEY WALT CO 0.3%

Value $422K Shares 2,400 Est. Cost $99.73 Unrealized +76.2%

— NUVEEN AMT FREE QLTY MUN INC 0.3%

Value $416K Shares 26,500 Est. Cost $14.59 Unrealized —

— LIBERTY MEDIA CORP DEL 0.2%

Value $354K Shares 7,604 Est. Cost $31.35 Unrealized —

TUSK MAMMOTH ENERGY SVCS INC 0.0%

Value $49,000 Shares 10,700 Est. Cost $1.47 Unrealized +179.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TPL	TEXAS PACIFIC LAND CORPORATI	53,403	$85.43M	54.8%	$117.17	+40.1%	COM	88262P102
WPM	WHEATON PRECIOUS METALS CORP	216,427	$9.538M	6.1%	$18.27	+131.1%	COM	962879102
CVEO	CIVEO CORP CDA	378,565	$6.738M	4.3%	$11.28	+37.9%	COM NEW	17878Y207
MSB	MESABI TR	188,900	$6.687M	4.3%	$26.04	—	CTF BEN INT	590672101
CACI	CACI INTL INC	25,380	$6.475M	4.2%	$211.31	+22.1%	CL A	127190304
FNV	FRANCO NEV CORP	40,365	$5.856M	3.8%	$78.28	+77.1%	COM	351858105
ACGP	ASSOCIATED CAP GROUP INC	120,725	$4.691M	3.0%	$33.44	+0.8%	CL A	045528106
—	HOWARD HUGHES CORP	46,386	$4.521M	2.9%	$112.27	—	COM	44267D107
BRK/B	BERKSHIRE HATHAWAY INC DEL	14,028	$3.899M	2.5%	$134.20	+108.2%	CL B NEW	084670702
—	SANDSTORM GOLD LTD	388,600	$3.066M	2.0%	$7.89	—	COM NEW	80013R206
LBRDK	LIBERTY BROADBAND CORP	16,580	$2.879M	1.8%	$47.96	+214.1%	COM SER C	530307305
EBAY	EBAY INC.	36,675	$2.575M	1.7%	$57.72	0.0%	COM	278642103
CME	CME GROUP INC	10,424	$2.217M	1.4%	$121.09	+45.0%	COM	12572Q105
BA	BOEING CO	8,650	$2.072M	1.3%	$154.19	+56.8%	COM	097023105
—	LIBERTY MEDIA CORP DEL	41,625	$2.007M	1.3%	$23.12	—	COM SER C FRMLA	531229854
ICE	INTERCONTINENTAL EXCHANGE IN	13,325	$1.582M	1.0%	$85.59	+26.6%	COM	45866F104
CBOE	CBOE GLOBAL MKTS INC	11,510	$1.37M	0.9%	$109.37	-5.4%	COM	12503M108
—	LIBERTY MEDIA CORP DEL	24,814	$1.151M	0.7%	$30.87	—	COM C SIRIUSXM	531229607
RLI	RLI CORP	7,000	$732K	0.5%	$22.65	+100.0%	COM	749607107
LBRDA	LIBERTY BROADBAND CORP	3,340	$562K	0.4%	$46.50	+215.1%	COM SER A	530307107
—	LIBERTY MEDIA CORP DEL	13,133	$560K	0.4%	$19.16	—	COM SER A FRMLA	531229870
DIS	DISNEY WALT CO	2,400	$422K	0.3%	$99.73	+76.2%	COM	254687106
—	NUVEEN AMT FREE QLTY MUN INC	26,500	$416K	0.3%	$14.59	—	COM	670657105
—	LIBERTY MEDIA CORP DEL	7,604	$354K	0.2%	$31.35	—	COM A SIRIUSXM	531229409
TUSK	MAMMOTH ENERGY SVCS INC	10,700	$49,000	0.0%	$1.47	+179.7%	COM	56155L108