CIK: 0001650135 · Show all filings
Period: Q2 2025 (← Previous) (Next →)
Filing Date: Aug 7, 2025
Total Value ($000): $2,509,895 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| C | Citigroup Inc. | 1,221,268 | $103,954 | 4.1% | $45.12 | +57.8% | Common Stocks | 172967424 |
| AIG | American International Group, Inc. | 1,137,142 | $97,328 | 3.9% | $47.07 | +74.2% | Common Stocks | 026874784 |
| AMZN | Amazon.com, Inc. | 424,426 | $93,115 | 3.7% | $129.41 | +52.9% | Common Stocks | 023135106 |
| GOOG | Alphabet Inc. Class C | 522,507 | $92,688 | 3.7% | $105.10 | +56.9% | Common Stocks | 02079K107 |
| MU | Micron Technology, Inc. | 698,467 | $86,086 | 3.4% | $59.84 | +55.8% | Common Stocks | 595112103 |
| AXP | American Express Company | 246,506 | $78,630 | 3.1% | $85.46 | +226.9% | Common Stocks | 025816109 |
| CBRE | CBRE Group, Inc. Class A | 554,071 | $77,636 | 3.1% | $42.79 | +195.5% | Common Stocks | 12504L109 |
| BKNG | Booking Holdings Inc. | 13,309 | $77,049 | 3.1% | $1973.67 | +158.1% | Common Stocks | 09857L108 |
| COST | Costco Wholesale Corporation | 72,574 | $71,844 | 2.9% | $153.67 | +544.7% | Common Stocks | 22160K105 |
| BRK/B | Berkshire Hathaway Inc. Class B | 146,076 | $70,959 | 2.8% | $203.95 | +149.0% | Common Stocks | 084670702 |
| IBKR | Interactive Brokers Group, Inc. Class A | 1,169,447 | $64,799 | 2.6% | $41.71 | +13.3% | Common Stocks | 45841N107 |
| FCX | Freeport-McMoRan, Inc. | 1,404,596 | $60,889 | 2.4% | $20.48 | +84.1% | Common Stocks | 35671D857 |
| COF | Capital One Financial Corp | 271,816 | $57,832 | 2.3% | $85.95 | +115.3% | Common Stocks | 14040H105 |
| BAC | Bank of America Corp | 1,216,352 | $57,558 | 2.3% | $18.97 | +118.5% | Common Stocks | 060505104 |
| WFC | Wells Fargo & Company | 665,619 | $53,329 | 2.1% | $33.06 | +115.2% | Common Stocks | 949746101 |
| SYF | Synchrony Financial | 775,299 | $51,743 | 2.1% | $26.29 | +110.5% | Common Stocks | 87165B103 |
| GSM | Ferroglobe PLC | 10,778,786 | $39,558 | 1.6% | $4.46 | -18.4% | Common Stocks | G33856108 |
| DHT | DHT Holdings, Inc. | 3,621,760 | $39,151 | 1.6% | $4.86 | +119.5% | Common Stocks | Y2065G121 |
| JPM | JPMorgan Chase & Co. | 119,366 | $34,605 | 1.4% | $109.01 | +131.8% | Common Stocks | 46625H100 |
| CX | Cemex SAB de CV Sponsored ADR | 4,970,407 | $34,445 | 1.4% | $5.99 | — | Common Stocks | 151290889 |
| AVGO | Broadcom Inc. | 116,847 | $32,209 | 1.3% | $146.10 | +47.8% | Common Stocks | 11135F101 |
| ELV | Elevance Health, Inc. | 77,075 | $29,979 | 1.2% | $342.43 | +15.8% | Common Stocks | 036752103 |
| RYAAY | Ryanair Holdings Plc Sponsored ADR | 505,480 | $29,151 | 1.2% | $56.31 | — | Common Stocks | 783513203 |
| HCC | Warrior Met Coal, Inc. | 635,434 | $29,122 | 1.2% | $47.51 | -2.3% | Common Stocks | 93627C101 |
| MPC | Marathon Petroleum Corporation | 169,780 | $28,202 | 1.1% | $82.65 | +78.9% | Common Stocks | 56585A102 |
| NE | Noble Corporation PLC Class A | 1,031,166 | $27,377 | 1.1% | $34.13 | -32.8% | Common Stocks | G65431127 |
| MS | Morgan Stanley | 191,936 | $27,036 | 1.1% | $58.85 | +105.5% | Common Stocks | 617446448 |
| JEF | Jefferies Financial Group Inc. | 491,629 | $26,887 | 1.1% | $23.53 | +105.2% | Common Stocks | 47233W109 |
| TDW | Tidewater Inc | 580,822 | $26,793 | 1.1% | $46.04 | -12.0% | Common Stocks | 88642R109 |
| CPNG | Coupang Inc | 872,916 | $26,153 | 1.0% | $22.74 | +12.7% | Common Stocks | 22266T109 |
| LYB | LyondellBasell Industries NV | 446,914 | $25,858 | 1.0% | $74.37 | -26.8% | Common Stocks | N53745100 |
| COP | ConocoPhillips | 287,540 | $25,804 | 1.0% | $71.17 | +23.7% | Common Stocks | 20825C104 |
| DAL | Delta Air Lines, Inc. | 523,844 | $25,763 | 1.0% | $39.60 | +15.1% | Common Stocks | 247361702 |
| MGM | MGM Resorts International | 746,942 | $25,687 | 1.0% | $23.55 | +34.6% | Common Stocks | 552953101 |
| SCHW | Charles Schwab Corp | 280,078 | $25,554 | 1.0% | $51.78 | +60.6% | Common Stocks | 808513105 |
| INSW | International Seaways, Inc. | 688,766 | $25,126 | 1.0% | $22.44 | +52.6% | Common Stocks | Y41053102 |
| GLW | Corning Inc | 451,016 | $23,719 | 0.9% | $31.14 | +48.7% | Common Stocks | 219350105 |
| OXY | Occidental Petroleum Corporation | 554,712 | $23,303 | 0.9% | $56.00 | -26.5% | Common Stocks | 674599105 |
| TRUP | Trupanion Inc | 410,670 | $22,731 | 0.9% | $38.88 | +13.9% | Common Stocks | 898202106 |
| STLD | Steel Dynamics, Inc. | 163,968 | $20,990 | 0.8% | $86.17 | +46.6% | Common Stocks | 858119100 |
| LPX | Louisiana-Pacific Corporation | 230,807 | $19,847 | 0.8% | $47.84 | +85.7% | Common Stocks | 546347105 |
| TIGO | Millicom International Cellular | 518,521 | $19,429 | 0.8% | $27.55 | +24.3% | Common Stocks | L6388F110 |
| BAP | Credicorp Ltd. | 81,940 | $18,315 | 0.7% | $125.27 | +57.4% | Common Stocks | G2519Y108 |
| KR | Kroger Co. | 248,264 | $17,808 | 0.7% | $26.29 | +159.4% | Common Stocks | 501044101 |
| PM | Philip Morris International Inc. | 97,652 | $17,785 | 0.7% | $81.81 | +104.6% | Common Stocks | 718172109 |
| GLNG | Golar LNG Limited | 416,999 | $17,176 | 0.7% | $19.42 | +99.8% | Common Stocks | G9456A100 |
| SDRL | Seadrill Ltd | 621,812 | $16,323 | 0.7% | $43.72 | -46.0% | Common Stocks | G7997W102 |
| AA | Alcoa Corporation | 546,700 | $16,133 | 0.6% | $30.17 | -11.2% | Common Stocks | 013872106 |
| UNP | Union Pacific Corporation | 70,031 | $16,113 | 0.6% | $91.02 | +140.0% | Common Stocks | 907818108 |
| STX | Seagate Technology Holdings PLC | 111,258 | $16,058 | 0.6% | $74.49 | +37.5% | Common Stocks | G7997R103 |
| PNC | PNC Financial Services Group, Inc. | 85,586 | $15,955 | 0.6% | $136.86 | +21.3% | Common Stocks | 693475105 |
| MCHP | Microchip Technology Incorporated | 226,729 | $15,955 | 0.6% | $59.70 | -9.7% | Common Stocks | 595017104 |
| LRCX | Lam Research Corporation | 160,298 | $15,603 | 0.6% | $74.98 | +5.2% | Common Stocks | 512807306 |
| SLG | SL Green Realty Corp. | 247,223 | $15,303 | 0.6% | $63.27 | — | Common Stocks | 78440X887 |
| PYPL | PayPal Holdings, Inc. | 204,026 | $15,163 | 0.6% | $46.70 | +46.3% | Common Stocks | 70450Y103 |
| AAL | American Airlines Group Inc. | 1,288,930 | $14,462 | 0.6% | $20.94 | -48.9% | Common Stocks | 02376R102 |
| CFG | Citizens Financial Group, Inc. | 293,401 | $13,130 | 0.5% | $18.49 | +108.4% | Common Stocks | 174610105 |
| BIO | Bio-Rad Laboratories, Inc. Class A | 54,098 | $13,055 | 0.5% | $273.08 | -13.4% | Common Stocks | 090572207 |
| DIS | Walt Disney Company | 105,097 | $13,033 | 0.5% | $123.46 | -16.7% | Common Stocks | 254687106 |
| LSAK | Lesaka Technologies, Inc. | 2,733,321 | $12,273 | 0.5% | $4.96 | -12.7% | Common Stocks | 64107N206 |
| TPL | Texas Pacific Land Corporation | 11,088 | $11,713 | 0.5% | $229.17 | +77.6% | Common Stocks | 88262P102 |
| BLD | TopBuild Corp. | 35,836 | $11,602 | 0.5% | $135.59 | +118.8% | Common Stocks | 89055F103 |
| V | Visa Inc. Class A | 31,620 | $11,227 | 0.4% | $218.52 | +58.8% | Common Stocks | 92826C839 |
| QCOM | QUALCOMM Incorporated | 69,419 | $11,056 | 0.4% | $117.58 | +23.3% | Common Stocks | 747525103 |
| VICI | VICI Properties Inc | 320,760 | $10,457 | 0.4% | $26.39 | +15.7% | Common Stocks | 925652109 |
| VAL | Valaris Ltd. | 247,905 | $10,439 | 0.4% | $55.66 | -32.4% | Common Stocks | G9460G101 |
| ARLO | Arlo Technologies, Inc. | 614,395 | $10,420 | 0.4% | $11.42 | +12.0% | Common Stocks | 04206A101 |
| HEPS | D-MARKET Elektronik Hizmetler ve Ticaret AS Sponso | 3,788,443 | $10,229 | 0.4% | $1.97 | — | Common Stocks | 23292B104 |
| WTW | Willis Towers Watson Public Limited Company | 32,281 | $9,894 | 0.4% | $114.79 | +167.9% | Common Stocks | G96629103 |
| AMAT | Applied Materials, Inc. | 52,539 | $9,618 | 0.4% | $138.19 | +13.9% | Common Stocks | 038222105 |
| FWONK | Liberty Media Corp. Series C Liberty Formula One | 91,585 | $9,571 | 0.4% | $62.30 | — | Common Stocks | 531229755 |
| MAS | Masco Corporation | 144,231 | $9,283 | 0.4% | $39.82 | +56.2% | Common Stocks | 574599106 |
| BTU | Peabody Energy Corporation | 662,357 | $8,889 | 0.4% | $20.36 | -35.7% | Common Stocks | 704551100 |
| VIPS | Vipshop Holdings Ltd Sponsored ADR | 580,855 | $8,742 | 0.3% | $13.02 | — | Common Stocks | 92763W103 |
| HSHP | Himalaya Shipping Ltd | 1,503,660 | $8,676 | 0.3% | $5.30 | +3.2% | Common Stocks | G4660A103 |
| L | Loews Corporation | 93,285 | $8,551 | 0.3% | $44.38 | +97.4% | Common Stocks | 540424108 |
| KOF | Coca-Cola FEMSA SAB de CV Sponsored ADR Class L | 84,681 | $8,191 | 0.3% | $91.29 | — | Common Stocks | 191241108 |
| AMR | Alpha Metallurgical Resources, Inc. | 72,190 | $8,120 | 0.3% | $229.17 | -49.0% | Common Stocks | 020764106 |
| FCFS | FirstCash Holdings, Inc. | 57,242 | $7,736 | 0.3% | $74.49 | +70.2% | Common Stocks | 33768G107 |
| STNG | Scorpio Tankers Inc. | 194,492 | $7,610 | 0.3% | $20.44 | — | Common Stocks | Y7542C130 |
| CRH | CRH Plc | 82,791 | $7,600 | 0.3% | $70.71 | +28.7% | Common Stocks | G25508105 |
| CPA | Copa Holdings, S.A. Class A | 68,138 | $7,493 | 0.3% | $65.84 | +44.6% | Common Stocks | P31076105 |
| LOMA | Loma Negra Cia Industrial Arge | 668,355 | $7,332 | 0.3% | $8.06 | — | Common Stocks | 54150E104 |
| CRESY | Cresud SA Sponsored ADR | 641,352 | $6,901 | 0.3% | $8.24 | — | Common Stocks | 226406106 |
| MBI | MBIA Inc. | 1,562,023 | $6,779 | 0.3% | $3.49 | +27.2% | Common Stocks | 55262C100 |
| CTVA | Corteva Inc | 90,037 | $6,710 | 0.3% | $47.09 | +40.5% | Common Stocks | 22052L104 |
| KWR | Quaker Houghton | 58,300 | $6,526 | 0.3% | $128.52 | -15.5% | Common Stocks | 747316107 |
| THO | Thor Industries, Inc. | 64,905 | $5,764 | 0.2% | $75.37 | +3.1% | Common Stocks | 885160101 |
| BN | Brookfield Corporation | 91,601 | $5,666 | 0.2% | $30.74 | +20.1% | Common Stocks | 11271J107 |
| VIST | Vista Energy Sab DE CV Sponsored ADR Class A | 117,878 | $5,636 | 0.2% | $47.81 | — | Common Stocks | 92837L109 |
| CVX | Chevron Corporation | 38,558 | $5,521 | 0.2% | $140.68 | -2.6% | Common Stocks | 166764100 |
| XOM | Exxon Mobil Corporation | 49,912 | $5,381 | 0.2% | $110.09 | -5.1% | Common Stocks | 30231G102 |
| RLX | RLX Technology, Inc. Sponsored ADR Class A | 2,025,895 | $4,477 | 0.2% | $2.11 | — | Common Stocks | 74969N103 |
| NU | Nu Holdings Ltd. Class A | 298,017 | $4,089 | 0.2% | $11.82 | +1.3% | Common Stocks | G6683N103 |
| TSM | Taiwan Semiconductor Manufacturing Co., Ltd. Spons | 17,612 | $3,989 | 0.2% | $74.56 | — | Common Stocks | 874039100 |
| CZR | Caesars Entertainment Inc | 139,653 | $3,965 | 0.2% | $45.80 | -40.7% | Common Stocks | 12769G100 |
| PBT | Permian Basin Royalty Trust | 308,549 | $3,845 | 0.2% | $16.12 | — | Common Stocks | 714236106 |
| CNC | Centene Corporation | 67,098 | $3,642 | 0.1% | $70.44 | -16.7% | Common Stocks | 15135B101 |
| EPAM | EPAM Systems, Inc. | 20,441 | $3,614 | 0.1% | $78.73 | +112.3% | Common Stocks | 29414B104 |
| DSX | Diana Shipping Inc. | 1,970,908 | $2,878 | 0.1% | $2.55 | -41.8% | Common Stocks | Y2066G104 |
| RIG | Transocean Ltd. | 1,090,136 | $2,823 | 0.1% | $5.99 | -56.9% | Common Stocks | H8817H100 |
| — | Cushman & Wakefield Plc | 246,387 | $2,728 | 0.1% | $8.09 | — | Common Stocks | G2717B108 |
| GOGL | Golden Ocean Group Ltd | 337,573 | $2,471 | 0.1% | $9.43 | — | Common Stocks | G39637205 |
| INDA | iShares MSCI India ETF | 43,447 | $2,419 | 0.1% | $36.00 | — | Common Stocks | 46429B598 |
| VECO | Veeco Instruments Inc. | 79,162 | $1,609 | 0.1% | $21.75 | -9.3% | Common Stocks | 922417100 |
| CNR | Core Natural Resources Inc | 22,961 | $1,601 | 0.1% | $84.05 | -15.7% | Common Stocks | 218937100 |
| LBRDK | Liberty Broadband Corp. Class C | 9,856 | $970 | 0.0% | $81.23 | +3.3% | Common Stocks | 530307305 |
| SIRI | Liberty Sirius Xm Holdings Inc | 41,549 | $954 | 0.0% | $31.06 | -30.7% | Common Stocks | 829933100 |
| MNTK | Montauk Renewables, Inc. | 395,731 | $879 | 0.0% | $7.85 | -73.0% | Common Stocks | 61218C103 |
| VTS | Vitesse Energy, Inc. | 34,821 | $769 | 0.0% | $18.14 | +20.7% | Common Stocks | 92852X103 |
| — | Liberty Media Corp. Series C Liberty Live | 8,012 | $650 | 0.0% | $32.10 | — | Common Stocks | 531229722 |
| LILAK | Liberty Latin America Ltd. Class C | 94,774 | $589 | 0.0% | $15.51 | -65.3% | Common Stocks | G9001E128 |
| SHG | Shinhan Financial Group Co., Ltd. Sponsored ADR | 10,640 | $481 | 0.0% | $45.18 | — | Common Stocks | 824596100 |
| — | Liberty Media Corp. Series A Liberty Live | 5,587 | $444 | 0.0% | $31.92 | — | Common Stocks | 531229748 |
| FWONA | Liberty Media Corp. Series A Liberty Formula One | 4,610 | $438 | 0.0% | $56.54 | — | Common Stocks | 531229771 |
| LILA | Liberty Latin America Ltd. Class A | 70,573 | $430 | 0.0% | $18.67 | -71.4% | Common Stocks | G9001E102 |
| LBRDA | Liberty Broadband Corp. Class A | 2,164 | $212 | 0.0% | $83.11 | 0.0% | Common Stocks | 530307107 |
| DSX/WS | Diana Shipping Inc Warrant | 425,104 | $34 | 0.0% | $0.28 | — | Warrants | Y2066G138 |