MAD RIVER INVESTORS Long-Term Concentrated

Location: Boston, MA

CIK: 0001384484 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Jan 26, 2024

Total Value: $108M (100.0% shares, 0.0% debt)

Holdings (26)

TPL TEXAS PACIFIC LAND CORPORATI 48.8%

Value $52.61M Shares 33,458 Est. Cost $117.17 Unrealized +57.8%

WPM WHEATON PRECIOUS METALS CORP 7.1%

Value $7.645M Shares 154,943 Est. Cost $20.89 Unrealized +112.9%

CACI CACI INTL INC 5.3%

Value $5.726M Shares 17,680 Est. Cost $211.31 Unrealized +53.6%

CVEO CIVEO CORP CDA 5.2%

Value $5.592M Shares 244,746 Est. Cost $11.28 Unrealized +81.2%

MSB MESABI TR 4.9%

Value $5.333M Shares 260,547 Est. Cost $23.74 Unrealized —

CCL CARNIVAL CORP 3.7%

Value $4.014M Shares 216,500 Est. Cost $10.36 Unrealized +40.2%

FNV FRANCO NEV CORP 3.4%

Value $3.657M Shares 33,001 Est. Cost $83.61 Unrealized +42.7%

PBT PERMIAN BASIN RTY TR 3.3%

Value $3.592M Shares 257,289 Est. Cost $14.34 Unrealized —

VTI VANGUARD INDEX FDS 2.7%

Value $2.961M Shares 12,482 Est. Cost $228.35 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 2.6%

Value $2.804M Shares 7,863 Est. Cost $134.20 Unrealized +161.5%

ACGP ASSOCIATED CAP GROUP INC 2.5%

Value $2.641M Shares 73,950 Est. Cost $33.44 Unrealized -3.6%

VIG VANGUARD SPECIALIZED FUNDS 1.6%

Value $1.713M Shares 10,052 Est. Cost $166.25 Unrealized —

TRC TEJON RANCH CO 1.6%

Value $1.683M Shares 97,825 Est. Cost $18.93 Unrealized -14.3%

BA BOEING CO 1.2%

Value $1.304M Shares 5,003 Est. Cost $154.19 Unrealized +38.7%

CME CME GROUP INC 1.0%

Value $1.104M Shares 5,244 Est. Cost $121.09 Unrealized +60.7%

CBOE CBOE GLOBAL MKTS INC 1.0%

Value $1.045M Shares 5,855 Est. Cost $109.37 Unrealized +53.6%

ICE INTERCONTINENTAL EXCHANGE IN 0.9%

Value $1.002M Shares 7,800 Est. Cost $85.59 Unrealized +29.0%

— SANDSTORM GOLD LTD 0.9%

Value $1.001M Shares 199,034 Est. Cost $7.00 Unrealized —

RLI RLI CORP 0.7%

Value $732K Shares 5,500 Est. Cost $22.65 Unrealized +173.2%

ACWX ISHARES TR 0.4%

Value $415K Shares 8,125 Est. Cost $51.15 Unrealized —

— LIBERTY MEDIA CORP DEL 0.3%

Value $297K Shares 4,698 Est. Cost $62.30 Unrealized —

HHH HOWARD HUGHES HOLDINGS INC 0.2%

Value $257K Shares 3,000 Est. Cost $75.45 Unrealized -7.0%

RSP INVESCO EXCHANGE TRADED FD T 0.2%

Value $257K Shares 1,626 Est. Cost $154.88 Unrealized —

DIS DISNEY WALT CO 0.2%

Value $217K Shares 2,400 Est. Cost $86.20 Unrealized 0.0%

RUM RUMBLE INC 0.1%

Value $98,780 Shares 22,000 Est. Cost $10.96 Unrealized -55.5%

— RENN FD INC 0.0%

Value $47,880 Shares 28,000 Est. Cost $2.54 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TPL	TEXAS PACIFIC LAND CORPORATI	33,458	$52.61M	48.8%	$117.17	+57.8%	COM	88262P102
WPM	WHEATON PRECIOUS METALS CORP	154,943	$7.645M	7.1%	$20.89	+112.9%	COM	962879102
CACI	CACI INTL INC	17,680	$5.726M	5.3%	$211.31	+53.6%	CL A	127190304
CVEO	CIVEO CORP CDA	244,746	$5.592M	5.2%	$11.28	+81.2%	COM NEW	17878Y207
MSB	MESABI TR	260,547	$5.333M	4.9%	$23.74	—	CTF BEN INT	590672101
CCL	CARNIVAL CORP	216,500	$4.014M	3.7%	$10.36	+40.2%	UNIT 99/99/9999	143658300
FNV	FRANCO NEV CORP	33,001	$3.657M	3.4%	$83.61	+42.7%	COM	351858105
PBT	PERMIAN BASIN RTY TR	257,289	$3.592M	3.3%	$14.34	—	UNIT BEN INT	714236106
VTI	VANGUARD INDEX FDS	12,482	$2.961M	2.7%	$228.35	—	TOTAL STK MKT	922908769
BRK/B	BERKSHIRE HATHAWAY INC DEL	7,863	$2.804M	2.6%	$134.20	+161.5%	CL B NEW	084670702
ACGP	ASSOCIATED CAP GROUP INC	73,950	$2.641M	2.5%	$33.44	-3.6%	CL A	045528106
VIG	VANGUARD SPECIALIZED FUNDS	10,052	$1.713M	1.6%	$166.25	—	DIV APP ETF	921908844
TRC	TEJON RANCH CO	97,825	$1.683M	1.6%	$18.93	-14.3%	COM	879080109
BA	BOEING CO	5,003	$1.304M	1.2%	$154.19	+38.7%	COM	097023105
CME	CME GROUP INC	5,244	$1.104M	1.0%	$121.09	+60.7%	COM	12572Q105
CBOE	CBOE GLOBAL MKTS INC	5,855	$1.045M	1.0%	$109.37	+53.6%	COM	12503M108
ICE	INTERCONTINENTAL EXCHANGE IN	7,800	$1.002M	0.9%	$85.59	+29.0%	COM	45866F104
—	SANDSTORM GOLD LTD	199,034	$1.001M	0.9%	$7.00	—	COM NEW	80013R206
RLI	RLI CORP	5,500	$732K	0.7%	$22.65	+173.2%	COM	749607107
ACWX	ISHARES TR	8,125	$415K	0.4%	$51.15	—	MSCI ACWI EX US	464288240
—	LIBERTY MEDIA CORP DEL	4,698	$297K	0.3%	$62.30	—	COM LBTY SRM S C	531229789
HHH	HOWARD HUGHES HOLDINGS INC	3,000	$257K	0.2%	$75.45	-7.0%	COM	44267T102
RSP	INVESCO EXCHANGE TRADED FD T	1,626	$257K	0.2%	$154.88	—	S&P500 EQL WGT	46137V357
DIS	DISNEY WALT CO	2,400	$217K	0.2%	$86.20	0.0%	COM	254687106
RUM	RUMBLE INC	22,000	$98,780	0.1%	$10.96	-55.5%	COM CL A	78137L105
—	RENN FD INC	28,000	$47,880	0.0%	$2.54	—	COM	759720105