MAD RIVER INVESTORS Long-Term Concentrated

Location: Boston, MA

CIK: 0001384484 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Feb 9, 2022

Total Value: $131M (100.0% shares, 0.0% debt)

Holdings (29)

TPL TEXAS PACIFIC LAND CORPORATI 48.7%

Value $63.9M Shares 51,163 Est. Cost $117.17 Unrealized +12.7%

WPM WHEATON PRECIOUS METALS CORP 6.8%

Value $8.933M Shares 208,077 Est. Cost $18.27 Unrealized +115.4%

CVEO CIVEO CORP CDA 5.3%

Value $7.015M Shares 365,922 Est. Cost $11.28 Unrealized +76.2%

CACI CACI INTL INC 5.1%

Value $6.678M Shares 24,805 Est. Cost $211.31 Unrealized +29.6%

FNV FRANCO NEV CORP 4.2%

Value $5.548M Shares 40,115 Est. Cost $78.28 Unrealized +69.9%

MSB MESABI TR 3.9%

Value $5.089M Shares 192,625 Est. Cost $26.05 Unrealized —

TRC TEJON RANCH CO 3.8%

Value $5.022M Shares 263,225 Est. Cost $18.93 Unrealized 0.0%

ACGP ASSOCIATED CAP GROUP INC 3.8%

Value $5.017M Shares 116,675 Est. Cost $33.44 Unrealized +10.4%

BRK/B BERKSHIRE HATHAWAY INC DEL 2.6%

Value $3.35M Shares 11,203 Est. Cost $134.20 Unrealized +113.4%

— HOWARD HUGHES CORP 2.0%

Value $2.669M Shares 26,227 Est. Cost $112.27 Unrealized —

EBAY EBAY INC. 1.8%

Value $2.339M Shares 35,175 Est. Cost $57.72 Unrealized +14.4%

CME CME GROUP INC 1.7%

Value $2.214M Shares 9,689 Est. Cost $121.09 Unrealized +52.6%

ICE INTERCONTINENTAL EXCHANGE IN 1.3%

Value $1.77M Shares 12,940 Est. Cost $85.59 Unrealized +46.5%

— POWER & DIGITAL INFRA ACQ CO 1.3%

Value $1.745M Shares 159,400 Est. Cost $10.95 Unrealized —

BA BOEING CO 1.3%

Value $1.703M Shares 8,460 Est. Cost $154.19 Unrealized +37.0%

CBOE CBOE GLOBAL MKTS INC 1.1%

Value $1.475M Shares 11,315 Est. Cost $109.37 Unrealized +12.1%

LBRDK LIBERTY BROADBAND CORP 1.0%

Value $1.249M Shares 7,752 Est. Cost $47.96 Unrealized +221.2%

— LIBERTY MEDIA CORP DEL 0.9%

Value $1.206M Shares 19,075 Est. Cost $23.12 Unrealized —

— SANDSTORM GOLD LTD 0.8%

Value $1.091M Shares 175,900 Est. Cost $7.89 Unrealized —

RLI RLI CORP 0.6%

Value $785K Shares 7,000 Est. Cost $22.65 Unrealized +101.6%

GAMI GAMCO INVS INC 0.5%

Value $657K Shares 26,300 Est. Cost $22.72 Unrealized 0.0%

— NUVEEN AMT FREE QLTY MUN INC 0.3%

Value $413K Shares 26,500 Est. Cost $14.59 Unrealized —

DIS DISNEY WALT CO 0.3%

Value $372K Shares 2,400 Est. Cost $99.73 Unrealized +58.2%

— LIBERTY MEDIA CORP DEL 0.2%

Value $272K Shares 5,354 Est. Cost $30.87 Unrealized —

— LIBERTY MEDIA CORP DEL 0.2%

Value $234K Shares 3,950 Est. Cost $19.16 Unrealized —

LBRDA LIBERTY BROADBAND CORP 0.2%

Value $214K Shares 1,328 Est. Cost $46.50 Unrealized +226.7%

JNJ JOHNSON & JOHNSON 0.2%

Value $205K Shares 1,200 Est. Cost $145.09 Unrealized 0.0%

— RENN FD INC 0.0%

Value $56,000 Shares 21,000 Est. Cost $2.67 Unrealized —

TUSK MAMMOTH ENERGY SVCS INC 0.0%

Value $19,000 Shares 10,700 Est. Cost $1.47 Unrealized +77.2%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TPL	TEXAS PACIFIC LAND CORPORATI	51,163	$63.9M	48.7%	$117.17	+12.7%	COM	88262P102
WPM	WHEATON PRECIOUS METALS CORP	208,077	$8.933M	6.8%	$18.27	+115.4%	COM	962879102
CVEO	CIVEO CORP CDA	365,922	$7.015M	5.3%	$11.28	+76.2%	COM NEW	17878Y207
CACI	CACI INTL INC	24,805	$6.678M	5.1%	$211.31	+29.6%	CL A	127190304
FNV	FRANCO NEV CORP	40,115	$5.548M	4.2%	$78.28	+69.9%	COM	351858105
MSB	MESABI TR	192,625	$5.089M	3.9%	$26.05	—	CTF BEN INT	590672101
TRC	TEJON RANCH CO	263,225	$5.022M	3.8%	$18.93	0.0%	COM	879080109
ACGP	ASSOCIATED CAP GROUP INC	116,675	$5.017M	3.8%	$33.44	+10.4%	CL A	045528106
BRK/B	BERKSHIRE HATHAWAY INC DEL	11,203	$3.35M	2.6%	$134.20	+113.4%	CL B NEW	084670702
—	HOWARD HUGHES CORP	26,227	$2.669M	2.0%	$112.27	—	COM	44267D107
EBAY	EBAY INC.	35,175	$2.339M	1.8%	$57.72	+14.4%	COM	278642103
CME	CME GROUP INC	9,689	$2.214M	1.7%	$121.09	+52.6%	COM	12572Q105
ICE	INTERCONTINENTAL EXCHANGE IN	12,940	$1.77M	1.3%	$85.59	+46.5%	COM	45866F104
—	POWER & DIGITAL INFRA ACQ CO	159,400	$1.745M	1.3%	$10.95	—	COM CL A	739190106
BA	BOEING CO	8,460	$1.703M	1.3%	$154.19	+37.0%	COM	097023105
CBOE	CBOE GLOBAL MKTS INC	11,315	$1.475M	1.1%	$109.37	+12.1%	COM	12503M108
LBRDK	LIBERTY BROADBAND CORP	7,752	$1.249M	1.0%	$47.96	+221.2%	COM SER C	530307305
—	LIBERTY MEDIA CORP DEL	19,075	$1.206M	0.9%	$23.12	—	COM SER C FRMLA	531229854
—	SANDSTORM GOLD LTD	175,900	$1.091M	0.8%	$7.89	—	COM NEW	80013R206
RLI	RLI CORP	7,000	$785K	0.6%	$22.65	+101.6%	COM	749607107
GAMI	GAMCO INVS INC	26,300	$657K	0.5%	$22.72	0.0%	CL A COM	361438104
—	NUVEEN AMT FREE QLTY MUN INC	26,500	$413K	0.3%	$14.59	—	COM	670657105
DIS	DISNEY WALT CO	2,400	$372K	0.3%	$99.73	+58.2%	COM	254687106
—	LIBERTY MEDIA CORP DEL	5,354	$272K	0.2%	$30.87	—	COM C SIRIUSXM	531229607
—	LIBERTY MEDIA CORP DEL	3,950	$234K	0.2%	$19.16	—	COM SER A FRMLA	531229870
LBRDA	LIBERTY BROADBAND CORP	1,328	$214K	0.2%	$46.50	+226.7%	COM SER A	530307107
JNJ	JOHNSON & JOHNSON	1,200	$205K	0.2%	$145.09	0.0%	COM	478160104
—	RENN FD INC	21,000	$56,000	0.0%	$2.67	—	COM	759720105
TUSK	MAMMOTH ENERGY SVCS INC	10,700	$19,000	0.0%	$1.47	+77.2%	COM	56155L108