MAD RIVER INVESTORS Long-Term Concentrated

CIK: 0001384484 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: Apr 19, 2024

Total Value ($000): $144,057 (100.0% shares, 0.0% debt)

Holdings (27)

TPL TEXAS PACIFIC LAND CORPORATI 40.2%

Value ($000) $57,921 Shares 100,121 Est. Cost $150.53 Unrealized +11.1%

GBTC GRAYSCALE BITCOIN TR BTC 17.5%

Value ($000) $25,251 Shares 399,725 Est. Cost $63.17 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 5.0%

Value ($000) $7,199 Shares 152,743 Est. Cost $20.89 Unrealized +113.0%

CACI CACI INTL INC 4.5%

Value ($000) $6,527 Shares 17,230 Est. Cost $211.31 Unrealized +68.2%

CVEO CIVEO CORP CDA 4.5%

Value ($000) $6,494 Shares 241,866 Est. Cost $11.28 Unrealized +96.8%

FBTC FIDELITY WISE ORIGIN BITCOIN 3.7%

Value ($000) $5,283 Shares 85,129 Est. Cost $62.06 Unrealized —

MSB MESABI TR 3.5%

Value ($000) $5,059 Shares 285,837 Est. Cost $19.30 Unrealized —

FNV FRANCO NEV CORP 2.7%

Value ($000) $3,861 Shares 32,402 Est. Cost $83.61 Unrealized +29.5%

CCL CARNIVAL CORP 2.4%

Value ($000) $3,471 Shares 212,400 Est. Cost $10.36 Unrealized +57.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 2.3%

Value ($000) $3,286 Shares 7,813 Est. Cost $134.20 Unrealized +193.1%

VTI VANGUARD INDEX FDS 2.3%

Value ($000) $3,244 Shares 12,482 Est. Cost $228.35 Unrealized —

PBT PERMIAN BASIN RTY TR 2.1%

Value ($000) $3,055 Shares 252,447 Est. Cost $14.34 Unrealized —

ACGP ASSOCIATED CAP GROUP INC 1.4%

Value ($000) $2,061 Shares 63,000 Est. Cost $33.44 Unrealized -5.3%

VIG VANGUARD SPECIALIZED FUNDS 1.3%

Value ($000) $1,836 Shares 10,052 Est. Cost $166.25 Unrealized —

EXP EAGLE MATLS INC 1.1%

Value ($000) $1,552 Shares 5,710 Est. Cost $234.27 Unrealized 0.0%

TRC TEJON RANCH CO 1.0%

Value ($000) $1,385 Shares 89,900 Est. Cost $18.93 Unrealized -14.5%

CME CME GROUP INC 0.8%

Value ($000) $1,118 Shares 5,194 Est. Cost $121.09 Unrealized +62.9%

CBOE CBOE GLOBAL MKTS INC 0.8%

Value ($000) $1,117 Shares 6,080 Est. Cost $112.04 Unrealized +62.0%

ICE INTERCONTINENTAL EXCHANGE IN 0.7%

Value ($000) $1,058 Shares 7,700 Est. Cost $85.59 Unrealized +51.6%

— SANDSTORM GOLD LTD 0.7%

Value ($000) $993 Shares 189,053 Est. Cost $7.00 Unrealized —

RLI RLI CORP 0.6%

Value ($000) $817 Shares 5,500 Est. Cost $22.65 Unrealized +193.3%

ACWX ISHARES TR 0.3%

Value ($000) $414 Shares 7,747 Est. Cost $51.15 Unrealized —

DIS DISNEY WALT CO 0.2%

Value ($000) $294 Shares 2,400 Est. Cost $86.20 Unrealized +18.8%

RSP INVESCO EXCHANGE TRADED FD T 0.2%

Value ($000) $275 Shares 1,626 Est. Cost $154.88 Unrealized —

— LIBERTY MEDIA CORP DEL 0.2%

Value ($000) $271 Shares 4,127 Est. Cost $62.30 Unrealized —

RUM RUMBLE INC 0.1%

Value ($000) $174 Shares 21,500 Est. Cost $10.96 Unrealized -41.1%

— RENN FD INC 0.0%

Value ($000) $44 Shares 28,000 Est. Cost $2.54 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TPL	TEXAS PACIFIC LAND CORPORATI	100,121	$57,921	40.2%	$150.53	+11.1%	COM	88262P102
GBTC	GRAYSCALE BITCOIN TR BTC	399,725	$25,251	17.5%	$63.17	—	SHS REP COM UT	389637109
WPM	WHEATON PRECIOUS METALS CORP	152,743	$7,199	5.0%	$20.89	+113.0%	COM	962879102
CACI	CACI INTL INC	17,230	$6,527	4.5%	$211.31	+68.2%	CL A	127190304
CVEO	CIVEO CORP CDA	241,866	$6,494	4.5%	$11.28	+96.8%	COM NEW	17878Y207
FBTC	FIDELITY WISE ORIGIN BITCOIN	85,129	$5,283	3.7%	$62.06	—	SHS	315948109
MSB	MESABI TR	285,837	$5,059	3.5%	$19.30	—	CTF BEN INT	590672101
FNV	FRANCO NEV CORP	32,402	$3,861	2.7%	$83.61	+29.5%	COM	351858105
CCL	CARNIVAL CORP	212,400	$3,471	2.4%	$10.36	+57.0%	UNIT 99/99/9999	143658300
BRK/B	BERKSHIRE HATHAWAY INC DEL	7,813	$3,286	2.3%	$134.20	+193.1%	CL B NEW	084670702
VTI	VANGUARD INDEX FDS	12,482	$3,244	2.3%	$228.35	—	TOTAL STK MKT	922908769
PBT	PERMIAN BASIN RTY TR	252,447	$3,055	2.1%	$14.34	—	UNIT BEN INT	714236106
ACGP	ASSOCIATED CAP GROUP INC	63,000	$2,061	1.4%	$33.44	-5.3%	CL A	045528106
VIG	VANGUARD SPECIALIZED FUNDS	10,052	$1,836	1.3%	$166.25	—	DIV APP ETF	921908844
EXP	EAGLE MATLS INC	5,710	$1,552	1.1%	$234.27	0.0%	COM	26969P108
TRC	TEJON RANCH CO	89,900	$1,385	1.0%	$18.93	-14.5%	COM	879080109
CME	CME GROUP INC	5,194	$1,118	0.8%	$121.09	+62.9%	COM	12572Q105
CBOE	CBOE GLOBAL MKTS INC	6,080	$1,117	0.8%	$112.04	+62.0%	COM	12503M108
ICE	INTERCONTINENTAL EXCHANGE IN	7,700	$1,058	0.7%	$85.59	+51.6%	COM	45866F104
—	SANDSTORM GOLD LTD	189,053	$993	0.7%	$7.00	—	COM NEW	80013R206
RLI	RLI CORP	5,500	$817	0.6%	$22.65	+193.3%	COM	749607107
ACWX	ISHARES TR	7,747	$414	0.3%	$51.15	—	MSCI ACWI EX US	464288240
DIS	DISNEY WALT CO	2,400	$294	0.2%	$86.20	+18.8%	COM	254687106
RSP	INVESCO EXCHANGE TRADED FD T	1,626	$275	0.2%	$154.88	—	S&P500 EQL WGT	46137V357
—	LIBERTY MEDIA CORP DEL	4,127	$271	0.2%	$62.30	—	COM LBTY SRM S C	531229789
RUM	RUMBLE INC	21,500	$174	0.1%	$10.96	-41.1%	COM CL A	78137L105
—	RENN FD INC	28,000	$44	0.0%	$2.54	—	COM	759720105