MAD RIVER INVESTORS Long-Term Concentrated

CIK: 0001384484 · Show all filings

Period: Q3 2024 (← Previous) (Next →)

Filing Date: Oct 22, 2024

Total Value ($000): $180,268 (100.0% shares, 0.0% debt)

Holdings (26)

TPL TEXAS PACIFIC LAND CORPORATI 48.0%

Value ($000) $86,509 Shares 97,778 Est. Cost $150.53 Unrealized +80.9%

GBTC GRAYSCALE BITCOIN TR BTC 10.9%

Value ($000) $19,682 Shares 389,745 Est. Cost $60.50 Unrealized —

LB LANDBRIDGE 5.0%

Value ($000) $9,097 Shares 232,550 Est. Cost $33.65 Unrealized 0.0%

WPM WHEATON PRECIOUS METALS CORP 5.0%

Value ($000) $8,996 Shares 147,288 Est. Cost $20.89 Unrealized +182.4%

CACI CACI INTL INC 4.6%

Value ($000) $8,355 Shares 16,560 Est. Cost $211.31 Unrealized +119.1%

MSB MESABI TR 3.7%

Value ($000) $6,638 Shares 293,069 Est. Cost $19.25 Unrealized —

CVEO CIVEO CORP CDA 3.5%

Value ($000) $6,309 Shares 230,258 Est. Cost $11.28 Unrealized +128.4%

FBTC FIDELITY WISE ORIGIN BITCOIN 2.5%

Value ($000) $4,506 Shares 81,149 Est. Cost $62.06 Unrealized —

FNV FRANCO NEV CORP 2.2%

Value ($000) $4,051 Shares 32,600 Est. Cost $83.61 Unrealized +46.6%

CCL CARNIVAL CORP 2.0%

Value ($000) $3,689 Shares 199,596 Est. Cost $10.36 Unrealized +63.5%

VTI VANGUARD INDEX FDS 1.9%

Value ($000) $3,432 Shares 12,122 Est. Cost $228.35 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 1.8%

Value ($000) $3,325 Shares 7,225 Est. Cost $134.20 Unrealized +229.5%

PBT PERMIAN BASIN RTY TR 1.8%

Value ($000) $3,286 Shares 276,382 Est. Cost $14.10 Unrealized —

— GRAYSCALE BITCOIN MINI TR BT 1.2%

Value ($000) $2,198 Shares 390,445 Est. Cost $5.63 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 1.0%

Value ($000) $1,795 Shares 9,065 Est. Cost $166.25 Unrealized —

EXP EAGLE MATLS INC 0.9%

Value ($000) $1,631 Shares 5,672 Est. Cost $234.27 Unrealized +6.1%

CBOE CBOE GLOBAL MKTS INC 0.7%

Value ($000) $1,246 Shares 6,080 Est. Cost $112.04 Unrealized +73.4%

ICE INTERCONTINENTAL EXCHANGE IN 0.7%

Value ($000) $1,225 Shares 7,625 Est. Cost $85.59 Unrealized +77.2%

— SANDSTORM GOLD LTD 0.6%

Value ($000) $1,159 Shares 193,249 Est. Cost $6.97 Unrealized —

TRC TEJON RANCH CO 0.5%

Value ($000) $990 Shares 56,399 Est. Cost $18.93 Unrealized -6.2%

RLI RLI CORP 0.5%

Value ($000) $852 Shares 5,500 Est. Cost $22.65 Unrealized +205.5%

ACWX ISHARES TR 0.2%

Value ($000) $443 Shares 7,747 Est. Cost $51.15 Unrealized —

CME CME GROUP INC 0.2%

Value ($000) $291 Shares 1,318 Est. Cost $121.09 Unrealized +62.2%

RSP INVESCO EXCHANGE TRADED FD T 0.1%

Value ($000) $270 Shares 1,508 Est. Cost $154.88 Unrealized —

DIS DISNEY WALT CO 0.1%

Value ($000) $231 Shares 2,400 Est. Cost $86.20 Unrealized +5.1%

— RENN FD INC 0.0%

Value ($000) $59 Shares 28,000 Est. Cost $2.54 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TPL	TEXAS PACIFIC LAND CORPORATI	97,778	$86,509	48.0%	$150.53	+80.9%	COM	88262P102
GBTC	GRAYSCALE BITCOIN TR BTC	389,745	$19,682	10.9%	$60.50	—	SHS REP COM UT	389637109
LB	LANDBRIDGE	232,550	$9,097	5.0%	$33.65	0.0%	COM	514952100
WPM	WHEATON PRECIOUS METALS CORP	147,288	$8,996	5.0%	$20.89	+182.4%	COM	962879102
CACI	CACI INTL INC	16,560	$8,355	4.6%	$211.31	+119.1%	CL A	127190304
MSB	MESABI TR	293,069	$6,638	3.7%	$19.25	—	CTF BEN INT	590672101
CVEO	CIVEO CORP CDA	230,258	$6,309	3.5%	$11.28	+128.4%	COM NEW	17878Y207
FBTC	FIDELITY WISE ORIGIN BITCOIN	81,149	$4,506	2.5%	$62.06	—	SHS	315948109
FNV	FRANCO NEV CORP	32,600	$4,051	2.2%	$83.61	+46.6%	COM	351858105
CCL	CARNIVAL CORP	199,596	$3,689	2.0%	$10.36	+63.5%	UNIT 99/99/9999	143658300
VTI	VANGUARD INDEX FDS	12,122	$3,432	1.9%	$228.35	—	TOTAL STK MKT	922908769
BRK/B	BERKSHIRE HATHAWAY INC DEL	7,225	$3,325	1.8%	$134.20	+229.5%	CL B NEW	084670702
PBT	PERMIAN BASIN RTY TR	276,382	$3,286	1.8%	$14.10	—	UNIT BEN INT	714236106
—	GRAYSCALE BITCOIN MINI TR BT	390,445	$2,198	1.2%	$5.63	—	SHS	389930108
VIG	VANGUARD SPECIALIZED FUNDS	9,065	$1,795	1.0%	$166.25	—	DIV APP ETF	921908844
EXP	EAGLE MATLS INC	5,672	$1,631	0.9%	$234.27	+6.1%	COM	26969P108
CBOE	CBOE GLOBAL MKTS INC	6,080	$1,246	0.7%	$112.04	+73.4%	COM	12503M108
ICE	INTERCONTINENTAL EXCHANGE IN	7,625	$1,225	0.7%	$85.59	+77.2%	COM	45866F104
—	SANDSTORM GOLD LTD	193,249	$1,159	0.6%	$6.97	—	COM NEW	80013R206
TRC	TEJON RANCH CO	56,399	$990	0.5%	$18.93	-6.2%	COM	879080109
RLI	RLI CORP	5,500	$852	0.5%	$22.65	+205.5%	COM	749607107
ACWX	ISHARES TR	7,747	$443	0.2%	$51.15	—	MSCI ACWI EX US	464288240
CME	CME GROUP INC	1,318	$291	0.2%	$121.09	+62.2%	COM	12572Q105
RSP	INVESCO EXCHANGE TRADED FD T	1,508	$270	0.1%	$154.88	—	S&P500 EQL WGT	46137V357
DIS	DISNEY WALT CO	2,400	$231	0.1%	$86.20	+5.1%	COM	254687106
—	RENN FD INC	28,000	$59	0.0%	$2.54	—	COM	759720105