MAD RIVER INVESTORS Long-Term Concentrated

CIK: 0001384484 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Oct 18, 2023

Total Value ($000): $141,327 (100.0% shares, 0.0% debt)

Holdings (25)

TPL TEXAS PACIFIC LAND CORPORATI 52.1%

Value ($000) $73,660 Shares 40,393 Est. Cost $117.17 Unrealized +56.4%

WPM WHEATON PRECIOUS METALS CORP 5.5%

Value ($000) $7,703 Shares 189,971 Est. Cost $20.89 Unrealized +102.3%

PBT PERMIAN BASIN RTY TR 5.0%

Value ($000) $7,134 Shares 335,730 Est. Cost $14.34 Unrealized —

MSB MESABI TR 5.0%

Value ($000) $7,131 Shares 355,310 Est. Cost $19.45 Unrealized —

CACI CACI INTL INC 4.8%

Value ($000) $6,806 Shares 21,680 Est. Cost $211.31 Unrealized +58.3%

CVEO CIVEO CORP CDA 4.8%

Value ($000) $6,747 Shares 325,489 Est. Cost $11.28 Unrealized +60.6%

FNV FRANCO NEV CORP 3.9%

Value ($000) $5,581 Shares 41,805 Est. Cost $83.61 Unrealized +65.4%

CCL CARNIVAL CORP 2.8%

Value ($000) $3,999 Shares 291,500 Est. Cost $10.36 Unrealized +60.0%

ACGP ASSOCIATED CAP GROUP INC 2.6%

Value ($000) $3,637 Shares 99,650 Est. Cost $33.44 Unrealized +2.6%

TRC TEJON RANCH CO 2.4%

Value ($000) $3,462 Shares 213,425 Est. Cost $18.93 Unrealized -10.6%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.9%

Value ($000) $2,754 Shares 7,863 Est. Cost $134.20 Unrealized +164.4%

VTI VANGUARD INDEX FDS 1.9%

Value ($000) $2,651 Shares 12,482 Est. Cost $228.35 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 1.1%

Value ($000) $1,562 Shares 10,052 Est. Cost $166.25 Unrealized —

CME CME GROUP INC 1.1%

Value ($000) $1,490 Shares 7,444 Est. Cost $121.09 Unrealized +48.8%

CBOE CBOE GLOBAL MKTS INC 1.0%

Value ($000) $1,383 Shares 8,855 Est. Cost $109.37 Unrealized +31.5%

— SANDSTORM GOLD LTD 1.0%

Value ($000) $1,364 Shares 292,615 Est. Cost $7.00 Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 0.8%

Value ($000) $1,148 Shares 10,430 Est. Cost $85.59 Unrealized +29.9%

BA BOEING CO 0.7%

Value ($000) $973 Shares 5,078 Est. Cost $154.19 Unrealized +41.9%

RLI RLI CORP 0.5%

Value ($000) $747 Shares 5,500 Est. Cost $22.65 Unrealized +172.6%

ACWX ISHARES TR 0.3%

Value ($000) $382 Shares 8,125 Est. Cost $51.15 Unrealized —

— LIBERTY MEDIA CORP DEL 0.2%

Value ($000) $293 Shares 4,698 Est. Cost $62.30 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.2%

Value ($000) $230 Shares 1,626 Est. Cost $154.88 Unrealized —

HHH HOWARD HUGHES HOLDINGS INC 0.2%

Value ($000) $226 Shares 3,050 Est. Cost $75.45 Unrealized 0.0%

RUM RUMBLE INC 0.1%

Value ($000) $212 Shares 41,500 Est. Cost $10.96 Unrealized -31.8%

— RENN FD INC 0.0%

Value ($000) $50 Shares 28,000 Est. Cost $2.54 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TPL	TEXAS PACIFIC LAND CORPORATI	40,393	$73,660	52.1%	$117.17	+56.4%	COM	88262P102
WPM	WHEATON PRECIOUS METALS CORP	189,971	$7,703	5.5%	$20.89	+102.3%	COM	962879102
PBT	PERMIAN BASIN RTY TR	335,730	$7,134	5.0%	$14.34	—	UNIT BEN INT	714236106
MSB	MESABI TR	355,310	$7,131	5.0%	$19.45	—	CTF BEN INT	590672101
CACI	CACI INTL INC	21,680	$6,806	4.8%	$211.31	+58.3%	CL A	127190304
CVEO	CIVEO CORP CDA	325,489	$6,747	4.8%	$11.28	+60.6%	COM NEW	17878Y207
FNV	FRANCO NEV CORP	41,805	$5,581	3.9%	$83.61	+65.4%	COM	351858105
CCL	CARNIVAL CORP	291,500	$3,999	2.8%	$10.36	+60.0%	COMMON STOCK	143658300
ACGP	ASSOCIATED CAP GROUP INC	99,650	$3,637	2.6%	$33.44	+2.6%	CL A	045528106
TRC	TEJON RANCH CO	213,425	$3,462	2.4%	$18.93	-10.6%	COM	879080109
BRK/B	BERKSHIRE HATHAWAY INC DEL	7,863	$2,754	1.9%	$134.20	+164.4%	CL B NEW	084670702
VTI	VANGUARD INDEX FDS	12,482	$2,651	1.9%	$228.35	—	TOTAL STK MKT	922908769
VIG	VANGUARD SPECIALIZED FUNDS	10,052	$1,562	1.1%	$166.25	—	DIV APP ETF	921908844
CME	CME GROUP INC	7,444	$1,490	1.1%	$121.09	+48.8%	COM	12572Q105
CBOE	CBOE GLOBAL MKTS INC	8,855	$1,383	1.0%	$109.37	+31.5%	COM	12503M108
—	SANDSTORM GOLD LTD	292,615	$1,364	1.0%	$7.00	—	COM NEW	80013R206
ICE	INTERCONTINENTAL EXCHANGE IN	10,430	$1,148	0.8%	$85.59	+29.9%	COM	45866F104
BA	BOEING CO	5,078	$973	0.7%	$154.19	+41.9%	COM	097023105
RLI	RLI CORP	5,500	$747	0.5%	$22.65	+172.6%	COM	749607107
ACWX	ISHARES TR	8,125	$382	0.3%	$51.15	—	MSCI ACWI EX US	464288240
—	LIBERTY MEDIA CORP DEL	4,698	$293	0.2%	$62.30	—	COM LBTY SRM S C	531229789
RSP	INVESCO EXCHANGE TRADED FD T	1,626	$230	0.2%	$154.88	—	S&P500 EQL WGT	46137V357
HHH	HOWARD HUGHES HOLDINGS INC	3,050	$226	0.2%	$75.45	0.0%	COM	44267T102
RUM	RUMBLE INC	41,500	$212	0.1%	$10.96	-31.8%	COM CL A	78137L105
—	RENN FD INC	28,000	$50	0.0%	$2.54	—	COM	759720105