MAD RIVER INVESTORS Long-Term Concentrated

Location: Boston, MA

CIK: 0001384484 · Show all filings

Period: Q4 2022 (← Previous) (Next →)

Filing Date: Feb 6, 2023

Total Value: $172M

Holdings (26)

TPL TEXAS PACIFIC LAND CORPORATI 62.3%

Value $107M Shares 45,812 Est. Cost $117.17 Unrealized +118.4%

CVEO CIVEO CORP CDA 6.2%

Value $10.7M Shares 344,100 Est. Cost $11.28 Unrealized +140.1%

PBT PERMIAN BASIN RTY TR 4.8%

Value $8.349M Shares 331,327 Est. Cost $14.34 Unrealized —

CACI CACI INTL INC 4.1%

Value $7.103M Shares 23,630 Est. Cost $211.31 Unrealized +38.0%

WPM WHEATON PRECIOUS METALS CORP 3.9%

Value $6.745M Shares 172,602 Est. Cost $18.47 Unrealized +89.9%

FNV FRANCO NEV CORP 3.1%

Value $5.363M Shares 39,292 Est. Cost $79.94 Unrealized +60.4%

MSB MESABI TR 3.0%

Value $5.089M Shares 282,425 Est. Cost $23.59 Unrealized —

ACGP ASSOCIATED CAP GROUP INC 2.7%

Value $4.572M Shares 108,875 Est. Cost $33.44 Unrealized +13.8%

TRC TEJON RANCH CO 2.6%

Value $4.471M Shares 237,325 Est. Cost $18.93 Unrealized -7.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.8%

Value $3.054M Shares 9,888 Est. Cost $134.20 Unrealized +121.3%

CME CME GROUP INC 0.8%

Value $1.437M Shares 8,544 Est. Cost $121.09 Unrealized +24.7%

CBOE CBOE GLOBAL MKTS INC 0.7%

Value $1.146M Shares 9,130 Est. Cost $109.37 Unrealized +9.0%

— HOWARD HUGHES CORP 0.7%

Value $1.132M Shares 14,819 Est. Cost $112.27 Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 0.6%

Value $1.073M Shares 10,455 Est. Cost $85.59 Unrealized +11.6%

BA BOEING CO 0.6%

Value $974K Shares 5,115 Est. Cost $154.19 Unrealized +6.1%

— SANDSTORM GOLD LTD 0.5%

Value $914K Shares 173,718 Est. Cost $7.83 Unrealized —

RLI RLI CORP 0.5%

Value $788K Shares 6,000 Est. Cost $22.65 Unrealized +141.5%

— LIBERTY MEDIA CORP DEL 0.3%

Value $527K Shares 8,811 Est. Cost $23.12 Unrealized —

— NUVEEN AMT FREE QLTY MUN INC 0.2%

Value $301K Shares 26,500 Est. Cost $14.59 Unrealized —

RUM RUMBLE INC 0.1%

Value $251K Shares 42,200 Est. Cost $10.96 Unrealized -12.5%

EBAY EBAY INC. 0.1%

Value $238K Shares 5,750 Est. Cost $57.72 Unrealized -32.5%

JNJ JOHNSON & JOHNSON 0.1%

Value $212K Shares 1,200 Est. Cost $157.06 Unrealized 0.0%

DIS DISNEY WALT CO 0.1%

Value $209K Shares 2,400 Est. Cost $99.73 Unrealized -6.3%

GAMI GAMCO INVS INC 0.1%

Value $184K Shares 12,050 Est. Cost $22.72 Unrealized -38.7%

TUSK MAMMOTH ENERGY SVCS INC 0.1%

Value $93,000 Shares 10,700 Est. Cost $1.57 Unrealized +262.3%

— RENN FD INC 0.0%

Value $51,000 Shares 28,000 Est. Cost $2.54 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TPL	TEXAS PACIFIC LAND CORPORATI	45,812	$107M	62.3%	$117.17	+118.4%	—	88262P102
CVEO	CIVEO CORP CDA	344,100	$10.7M	6.2%	$11.28	+140.1%	—	17878Y207
PBT	PERMIAN BASIN RTY TR	331,327	$8.349M	4.8%	$14.34	—	—	714236106
CACI	CACI INTL INC	23,630	$7.103M	4.1%	$211.31	+38.0%	—	127190304
WPM	WHEATON PRECIOUS METALS CORP	172,602	$6.745M	3.9%	$18.47	+89.9%	—	962879102
FNV	FRANCO NEV CORP	39,292	$5.363M	3.1%	$79.94	+60.4%	—	351858105
MSB	MESABI TR	282,425	$5.089M	3.0%	$23.59	—	—	590672101
ACGP	ASSOCIATED CAP GROUP INC	108,875	$4.572M	2.7%	$33.44	+13.8%	—	045528106
TRC	TEJON RANCH CO	237,325	$4.471M	2.6%	$18.93	-7.8%	—	879080109
BRK/B	BERKSHIRE HATHAWAY INC DEL	9,888	$3.054M	1.8%	$134.20	+121.3%	—	084670702
CME	CME GROUP INC	8,544	$1.437M	0.8%	$121.09	+24.7%	—	12572Q105
CBOE	CBOE GLOBAL MKTS INC	9,130	$1.146M	0.7%	$109.37	+9.0%	—	12503M108
—	HOWARD HUGHES CORP	14,819	$1.132M	0.7%	$112.27	—	—	44267D107
ICE	INTERCONTINENTAL EXCHANGE IN	10,455	$1.073M	0.6%	$85.59	+11.6%	—	45866F104
BA	BOEING CO	5,115	$974K	0.6%	$154.19	+6.1%	—	097023105
—	SANDSTORM GOLD LTD	173,718	$914K	0.5%	$7.83	—	—	80013R206
RLI	RLI CORP	6,000	$788K	0.5%	$22.65	+141.5%	—	749607107
—	LIBERTY MEDIA CORP DEL	8,811	$527K	0.3%	$23.12	—	—	531229854
—	NUVEEN AMT FREE QLTY MUN INC	26,500	$301K	0.2%	$14.59	—	—	670657105
RUM	RUMBLE INC	42,200	$251K	0.1%	$10.96	-12.5%	—	78137L105
EBAY	EBAY INC.	5,750	$238K	0.1%	$57.72	-32.5%	—	278642103
JNJ	JOHNSON & JOHNSON	1,200	$212K	0.1%	$157.06	0.0%	—	478160104
DIS	DISNEY WALT CO	2,400	$209K	0.1%	$99.73	-6.3%	—	254687106
GAMI	GAMCO INVS INC	12,050	$184K	0.1%	$22.72	-38.7%	—	361438104
TUSK	MAMMOTH ENERGY SVCS INC	10,700	$93,000	0.1%	$1.57	+262.3%	—	56155L108
—	RENN FD INC	28,000	$51,000	0.0%	$2.54	—	—	759720105