MAD RIVER INVESTORS Long-Term Concentrated

CIK: 0001384484 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 3, 2023

Total Value ($000): $135,279 (100.0% shares, 0.0% debt)

Holdings (27)

TPL TEXAS PACIFIC LAND CORPORATI 45.4%

Value ($000) $61,379 Shares 40,748 Est. Cost $117.17 Unrealized +32.6%

WPM WHEATON PRECIOUS METALS CORP 6.3%

Value ($000) $8,539 Shares 190,464 Est. Cost $20.89 Unrealized +122.2%

PBT PERMIAN BASIN RTY TR 6.0%

Value ($000) $8,087 Shares 334,871 Est. Cost $14.34 Unrealized —

CACI CACI INTL INC 5.6%

Value ($000) $7,633 Shares 21,780 Est. Cost $211.31 Unrealized +47.0%

MSB MESABI TR 5.1%

Value ($000) $6,910 Shares 351,475 Est. Cost $19.44 Unrealized —

CVEO CIVEO CORP CDA 4.7%

Value ($000) $6,423 Shares 328,731 Est. Cost $11.28 Unrealized +66.2%

FNV FRANCO NEV CORP 4.5%

Value ($000) $6,108 Shares 41,879 Est. Cost $83.61 Unrealized +75.1%

CCL CARNIVAL CORP 4.1%

Value ($000) $5,539 Shares 294,000 Est. Cost $10.36 Unrealized +12.9%

TRC TEJON RANCH CO 2.8%

Value ($000) $3,852 Shares 218,725 Est. Cost $18.93 Unrealized -8.2%

ACGP ASSOCIATED CAP GROUP INC 2.8%

Value ($000) $3,772 Shares 101,800 Est. Cost $33.44 Unrealized +2.8%

VTI VANGUARD INDEX FDS 2.1%

Value ($000) $2,850 Shares 12,482 Est. Cost $228.35 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 2.0%

Value ($000) $2,767 Shares 7,863 Est. Cost $134.20 Unrealized +143.2%

VIG VANGUARD SPECIALIZED FUNDS 1.2%

Value ($000) $1,671 Shares 10,052 Est. Cost $166.25 Unrealized —

— SANDSTORM GOLD LTD 1.2%

Value ($000) $1,624 Shares 292,598 Est. Cost $7.00 Unrealized —

CME CME GROUP INC 1.1%

Value ($000) $1,501 Shares 7,544 Est. Cost $121.09 Unrealized +37.5%

CBOE CBOE GLOBAL MKTS INC 0.9%

Value ($000) $1,254 Shares 8,980 Est. Cost $109.37 Unrealized +21.5%

BA BOEING CO 0.9%

Value ($000) $1,231 Shares 5,153 Est. Cost $154.19 Unrealized +34.7%

ICE INTERCONTINENTAL EXCHANGE IN 0.9%

Value ($000) $1,197 Shares 10,430 Est. Cost $85.59 Unrealized +22.3%

RLI RLI CORP 0.5%

Value ($000) $734 Shares 5,500 Est. Cost $22.65 Unrealized +167.9%

ACWX ISHARES TR 0.3%

Value ($000) $416 Shares 8,125 Est. Cost $51.15 Unrealized —

RUM RUMBLE INC 0.3%

Value ($000) $362 Shares 42,000 Est. Cost $10.96 Unrealized -14.1%

RSP INVESCO EXCHANGE TRADED FD T 0.3%

Value ($000) $351 Shares 2,269 Est. Cost $154.88 Unrealized —

— LIBERTY MEDIA CORP DEL 0.3%

Value ($000) $341 Shares 4,698 Est. Cost $23.12 Unrealized —

— HOWARD HUGHES CORP 0.2%

Value ($000) $272 Shares 3,225 Est. Cost $112.27 Unrealized —

DIS DISNEY WALT CO 0.2%

Value ($000) $213 Shares 2,400 Est. Cost $99.73 Unrealized -7.2%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $201 Shares 1,200 Est. Cost $148.89 Unrealized 0.0%

— RENN FD INC 0.0%

Value ($000) $52 Shares 28,000 Est. Cost $2.54 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TPL	TEXAS PACIFIC LAND CORPORATI	40,748	$61,379	45.4%	$117.17	+32.6%	COM	88262P102
WPM	WHEATON PRECIOUS METALS CORP	190,464	$8,539	6.3%	$20.89	+122.2%	COM	962879102
PBT	PERMIAN BASIN RTY TR	334,871	$8,087	6.0%	$14.34	—	UNIT BEN INT	714236106
CACI	CACI INTL INC	21,780	$7,633	5.6%	$211.31	+47.0%	CL A	127190304
MSB	MESABI TR	351,475	$6,910	5.1%	$19.44	—	CTF BEN INT	590672101
CVEO	CIVEO CORP CDA	328,731	$6,423	4.7%	$11.28	+66.2%	COM NEW	17878Y207
FNV	FRANCO NEV CORP	41,879	$6,108	4.5%	$83.61	+75.1%	COM	351858105
CCL	CARNIVAL CORP	294,000	$5,539	4.1%	$10.36	+12.9%	COMMON STOCK	143658300
TRC	TEJON RANCH CO	218,725	$3,852	2.8%	$18.93	-8.2%	COM	879080109
ACGP	ASSOCIATED CAP GROUP INC	101,800	$3,772	2.8%	$33.44	+2.8%	CL A	045528106
VTI	VANGUARD INDEX FDS	12,482	$2,850	2.1%	$228.35	—	TOTAL STK MKT	922908769
BRK/B	BERKSHIRE HATHAWAY INC DEL	7,863	$2,767	2.0%	$134.20	+143.2%	CL B NEW	084670702
VIG	VANGUARD SPECIALIZED FUNDS	10,052	$1,671	1.2%	$166.25	—	DIV APP ETF	921908844
—	SANDSTORM GOLD LTD	292,598	$1,624	1.2%	$7.00	—	COM NEW	80013R206
CME	CME GROUP INC	7,544	$1,501	1.1%	$121.09	+37.5%	COM	12572Q105
CBOE	CBOE GLOBAL MKTS INC	8,980	$1,254	0.9%	$109.37	+21.5%	COM	12503M108
BA	BOEING CO	5,153	$1,231	0.9%	$154.19	+34.7%	COM	097023105
ICE	INTERCONTINENTAL EXCHANGE IN	10,430	$1,197	0.9%	$85.59	+22.3%	COM	45866F104
RLI	RLI CORP	5,500	$734	0.5%	$22.65	+167.9%	COM	749607107
ACWX	ISHARES TR	8,125	$416	0.3%	$51.15	—	MSCI ACWI EX US	464288240
RUM	RUMBLE INC	42,000	$362	0.3%	$10.96	-14.1%	COM CL A	78137L105
RSP	INVESCO EXCHANGE TRADED FD T	2,269	$351	0.3%	$154.88	—	S&P500 EQL WGT	46137V357
—	LIBERTY MEDIA CORP DEL	4,698	$341	0.3%	$23.12	—	COM SER C FRMLA	531229854
—	HOWARD HUGHES CORP	3,225	$272	0.2%	$112.27	—	COM	44267D107
DIS	DISNEY WALT CO	2,400	$213	0.2%	$99.73	-7.2%	COM	254687106
JNJ	JOHNSON & JOHNSON	1,200	$201	0.1%	$148.89	0.0%	COM	478160104
—	RENN FD INC	28,000	$52	0.0%	$2.54	—	COM	759720105