CIK: 0001650135 · Show all filings
Period: Q3 2025 (← Previous) (Next →)
Filing Date: Oct 23, 2025
Total Value ($000): $2,763,157 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| GOOG | Alphabet Inc. Class C | 516,567 | $125,810 | 4.6% | $105.10 | +99.8% | Common Stocks | 02079K107 |
| C | Citigroup Inc. | 1,199,528 | $121,752 | 4.4% | $45.12 | +108.6% | Common Stocks | 172967424 |
| MU | Micron Technology, Inc. | 621,943 | $104,064 | 3.8% | $59.84 | +113.6% | Common Stocks | 595112103 |
| AMZN | Amazon.com, Inc. | 423,880 | $93,071 | 3.4% | $129.41 | +74.9% | Common Stocks | 023135106 |
| CBRE | CBRE Group, Inc. Class A | 563,555 | $88,794 | 3.2% | $44.68 | +246.3% | Common Stocks | 12504L109 |
| AIG | American International Group, Inc. | 1,122,555 | $88,165 | 3.2% | $47.07 | +68.1% | Common Stocks | 026874784 |
| IBKR | Interactive Brokers Group, Inc. Class A | 1,191,410 | $81,981 | 3.0% | $42.10 | +49.1% | Common Stocks | 45841N107 |
| AXP | American Express Company | 242,103 | $80,417 | 2.9% | $85.46 | +270.4% | Common Stocks | 025816109 |
| BRK/B | Berkshire Hathaway Inc. Class B | 146,170 | $73,486 | 2.7% | $203.95 | +137.5% | Common Stocks | 084670702 |
| BKNG | Booking Holdings Inc. | 13,227 | $71,416 | 2.6% | $1973.67 | +181.9% | Common Stocks | 09857L108 |
| COST | Costco Wholesale Corporation | 71,391 | $66,082 | 2.4% | $153.67 | +522.6% | Common Stocks | 22160K105 |
| BAC | Bank of America Corp | 1,194,574 | $61,628 | 2.2% | $18.97 | +154.9% | Common Stocks | 060505104 |
| FCX | Freeport-McMoRan, Inc. | 1,527,260 | $59,899 | 2.2% | $22.30 | +93.7% | Common Stocks | 35671D857 |
| COF | Capital One Financial Corp | 264,396 | $56,205 | 2.0% | $85.95 | +153.4% | Common Stocks | 14040H105 |
| SYF | Synchrony Financial | 766,146 | $54,435 | 2.0% | $26.29 | +174.0% | Common Stocks | 87165B103 |
| WFC | Wells Fargo & Company | 596,122 | $49,967 | 1.8% | $33.06 | +143.4% | Common Stocks | 949746101 |
| GSM | Ferroglobe PLC | 10,874,422 | $49,479 | 1.8% | $4.46 | -4.6% | Common Stocks | G33856108 |
| ELV | Elevance Health, Inc. | 142,382 | $46,006 | 1.7% | $326.70 | -5.7% | Common Stocks | 036752103 |
| CX | Cemex SAB de CV Sponsored ADR | 4,854,808 | $43,645 | 1.6% | $5.99 | — | Common Stocks | 151290889 |
| DHT | DHT Holdings, Inc. | 3,605,937 | $43,091 | 1.6% | $4.86 | +132.5% | Common Stocks | Y2065G121 |
| HCC | Warrior Met Coal, Inc. | 648,608 | $41,277 | 1.5% | $47.71 | +19.8% | Common Stocks | 93627C101 |
| AVGO | Broadcom Inc. | 116,768 | $38,523 | 1.4% | $146.10 | +109.3% | Common Stocks | 11135F101 |
| JPM | JPMorgan Chase & Co. | 119,670 | $37,748 | 1.4% | $109.01 | +171.5% | Common Stocks | 46625H100 |
| GLW | Corning Inc | 445,240 | $36,523 | 1.3% | $31.14 | +108.6% | Common Stocks | 219350105 |
| MPC | Marathon Petroleum Corporation | 169,869 | $32,741 | 1.2% | $82.65 | +111.1% | Common Stocks | 56585A102 |
| JEF | Jefferies Financial Group Inc. | 488,145 | $31,934 | 1.2% | $23.53 | +154.6% | Common Stocks | 47233W109 |
| INSW | International Seaways, Inc. | 689,031 | $31,751 | 1.1% | $22.44 | +87.0% | Common Stocks | Y41053102 |
| TDW | Tidewater Inc | 584,910 | $31,193 | 1.1% | $46.04 | +19.0% | Common Stocks | 88642R109 |
| MS | Morgan Stanley | 192,026 | $30,524 | 1.1% | $58.85 | +148.8% | Common Stocks | 617446448 |
| RYAAY | Ryanair Holdings Plc Sponsored ADR | 493,055 | $29,692 | 1.1% | $56.31 | — | Common Stocks | 783513203 |
| NE | Noble Corporation PLC Class A | 1,036,851 | $29,322 | 1.1% | $34.13 | -19.3% | Common Stocks | G65431127 |
| DAL | Delta Air Lines, Inc. | 515,811 | $29,272 | 1.1% | $39.60 | +43.5% | Common Stocks | 247361702 |
| LYB | LyondellBasell Industries NV | 595,587 | $29,208 | 1.1% | $69.29 | -22.0% | Common Stocks | N53745100 |
| COP | ConocoPhillips | 283,637 | $26,829 | 1.0% | $71.17 | +31.1% | Common Stocks | 20825C104 |
| CPNG | Coupang Inc | 833,142 | $26,827 | 1.0% | $22.74 | +33.0% | Common Stocks | 22266T109 |
| SCHW | Charles Schwab Corp | 275,077 | $26,262 | 1.0% | $51.78 | +82.6% | Common Stocks | 808513105 |
| OXY | Occidental Petroleum Corporation | 550,338 | $26,003 | 0.9% | $56.00 | -20.1% | Common Stocks | 674599105 |
| STX | Seagate Technology Holdings PLC | 109,280 | $25,797 | 0.9% | $74.49 | +127.8% | Common Stocks | G7997R103 |
| MGM | MGM Resorts International | 733,577 | $25,426 | 0.9% | $23.55 | +55.8% | Common Stocks | 552953101 |
| STLD | Steel Dynamics, Inc. | 164,027 | $22,870 | 0.8% | $86.17 | +51.3% | Common Stocks | 858119100 |
| LRCX | Lam Research Corporation | 160,155 | $21,445 | 0.8% | $74.98 | +40.7% | Common Stocks | 512807306 |
| BAP | Credicorp Ltd. | 79,651 | $21,209 | 0.8% | $125.27 | +97.5% | Common Stocks | G2519Y108 |
| LPX | Louisiana-Pacific Corporation | 226,406 | $20,114 | 0.7% | $47.84 | +93.0% | Common Stocks | 546347105 |
| SDRL | Seadrill Ltd | 622,975 | $18,820 | 0.7% | $43.72 | -30.3% | Common Stocks | G7997W102 |
| TRUP | Trupanion Inc | 430,930 | $18,651 | 0.7% | $39.29 | +21.0% | Common Stocks | 898202106 |
| TIGO | Millicom International Cellular | 377,181 | $18,308 | 0.7% | $27.55 | +59.3% | Common Stocks | L6388F110 |
| AA | Alcoa Corporation | 536,903 | $17,659 | 0.6% | $30.17 | +2.6% | Common Stocks | 013872106 |
| KR | Kroger Co. | 243,831 | $16,437 | 0.6% | $26.29 | +162.8% | Common Stocks | 501044101 |
| GLNG | Golar LNG Limited | 405,306 | $16,378 | 0.6% | $19.42 | +110.8% | Common Stocks | G9456A100 |
| UNP | Union Pacific Corporation | 68,786 | $16,259 | 0.6% | $91.02 | +145.2% | Common Stocks | 907818108 |
| HSHP | Himalaya Shipping Ltd | 1,917,876 | $15,784 | 0.6% | $5.76 | +29.0% | Common Stocks | G4660A103 |
| PM | Philip Morris International Inc. | 95,050 | $15,417 | 0.6% | $81.81 | +101.9% | Common Stocks | 718172109 |
| CFG | Citizens Financial Group, Inc. | 288,128 | $15,317 | 0.6% | $18.49 | +166.1% | Common Stocks | 174610105 |
| BIO | Bio-Rad Laboratories, Inc. Class A | 54,127 | $15,177 | 0.5% | $273.08 | -0.3% | Common Stocks | 090572207 |
| KWR | Quaker Houghton | 115,165 | $15,173 | 0.5% | $130.01 | +1.2% | Common Stocks | 747316107 |
| SLG | SL Green Realty Corp. | 244,829 | $14,643 | 0.5% | $63.27 | — | Common Stocks | 78440X887 |
| NU | Nu Holdings Ltd. Class A | 913,303 | $14,622 | 0.5% | $13.25 | +5.2% | Common Stocks | G6683N103 |
| MCHP | Microchip Technology Incorporated | 225,670 | $14,493 | 0.5% | $59.70 | +12.0% | Common Stocks | 595017104 |
| AAL | American Airlines Group Inc. | 1,265,840 | $14,228 | 0.5% | $20.94 | -41.2% | Common Stocks | 02376R102 |
| BLD | TopBuild Corp. | 35,892 | $14,029 | 0.5% | $135.59 | +194.4% | Common Stocks | 89055F103 |
| PYPL | PayPal Holdings, Inc. | 200,385 | $13,438 | 0.5% | $46.70 | +50.6% | Common Stocks | 70450Y103 |
| AMR | Alpha Metallurgical Resources, Inc. | 75,006 | $12,308 | 0.4% | $225.77 | -38.6% | Common Stocks | 020764106 |
| VAL | Valaris Ltd. | 247,391 | $12,065 | 0.4% | $55.66 | -12.4% | Common Stocks | G9460G101 |
| DIS | Walt Disney Company | 103,230 | $11,820 | 0.4% | $123.46 | -5.2% | Common Stocks | 254687106 |
| MBI | MBIA Inc. | 1,552,022 | $11,563 | 0.4% | $3.49 | +81.8% | Common Stocks | 55262C100 |
| QCOM | QUALCOMM Incorporated | 68,185 | $11,343 | 0.4% | $117.58 | +33.7% | Common Stocks | 747525103 |
| LSAK | Lesaka Technologies, Inc. | 2,729,205 | $11,326 | 0.4% | $4.96 | -9.0% | Common Stocks | 64107N206 |
| VIPS | Vipshop Holdings Ltd Sponsored ADR | 568,487 | $11,165 | 0.4% | $13.02 | — | Common Stocks | 92763W103 |
| WTW | Willis Towers Watson Public Limited Company | 32,310 | $11,161 | 0.4% | $114.79 | +180.6% | Common Stocks | G96629103 |
| STNG | Scorpio Tankers Inc. | 190,951 | $10,703 | 0.4% | $20.44 | — | Common Stocks | Y7542C130 |
| V | Visa Inc. Class A | 31,062 | $10,604 | 0.4% | $218.52 | +57.9% | Common Stocks | 92826C839 |
| AMAT | Applied Materials, Inc. | 51,604 | $10,565 | 0.4% | $138.19 | +30.8% | Common Stocks | 038222105 |
| VICI | VICI Properties Inc | 320,654 | $10,457 | 0.4% | $26.39 | +21.5% | Common Stocks | 925652109 |
| ARLO | Arlo Technologies, Inc. | 613,629 | $10,401 | 0.4% | $11.42 | +48.9% | Common Stocks | 04206A101 |
| TPL | Texas Pacific Land Corporation | 11,051 | $10,318 | 0.4% | $229.17 | +37.0% | Common Stocks | 88262P102 |
| BTU | Peabody Energy Corporation | 384,051 | $10,185 | 0.4% | $20.36 | -12.8% | Common Stocks | 704551100 |
| MAS | Masco Corporation | 144,686 | $10,184 | 0.4% | $39.82 | +75.6% | Common Stocks | 574599106 |
| CRH | CRH Plc | 82,976 | $9,949 | 0.4% | $70.71 | +49.3% | Common Stocks | G25508105 |
| HEPS | D-MARKET Elektronik Hizmetler ve Ticaret AS Sponso | 3,697,569 | $9,946 | 0.4% | $1.97 | — | Common Stocks | 23292B104 |
| FWONK | Liberty Media Corp. Series C Liberty Formula One | 91,534 | $9,561 | 0.3% | $62.30 | — | Common Stocks | 531229755 |
| L | Loews Corporation | 91,618 | $9,198 | 0.3% | $44.38 | +112.8% | Common Stocks | 540424108 |
| FCFS | FirstCash Holdings, Inc. | 56,226 | $8,907 | 0.3% | $74.49 | +86.5% | Common Stocks | 33768G107 |
| CPA | Copa Holdings, S.A. Class A | 66,229 | $7,869 | 0.3% | $65.84 | +70.0% | Common Stocks | P31076105 |
| TSM | Taiwan Semiconductor Manufacturing Co., Ltd. Spons | 26,715 | $7,461 | 0.3% | $144.32 | — | Common Stocks | 874039100 |
| PNC | PNC Financial Services Group, Inc. | 36,895 | $7,413 | 0.3% | $136.86 | +43.0% | Common Stocks | 693475105 |
| KOF | Coca-Cola FEMSA SAB de CV Sponsored ADR Class L | 82,311 | $6,840 | 0.2% | $91.29 | — | Common Stocks | 191241108 |
| THO | Thor Industries, Inc. | 64,969 | $6,737 | 0.2% | $75.37 | +32.3% | Common Stocks | 885160101 |
| RPRX | Royalty Pharma Plc Class A | 170,604 | $6,019 | 0.2% | $36.20 | 0.0% | Common Stocks | G7709Q104 |
| CVX | Chevron Corporation | 38,595 | $5,993 | 0.2% | $140.68 | +8.2% | Common Stocks | 166764100 |
| CTVA | Corteva Inc | 88,439 | $5,981 | 0.2% | $47.09 | +53.3% | Common Stocks | 22052L104 |
| BN | Brookfield Corporation | 83,941 | $5,757 | 0.2% | $30.74 | +43.8% | Common Stocks | 11271J107 |
| CRESY | Cresud SA Sponsored ADR | 623,385 | $5,735 | 0.2% | $8.24 | — | Common Stocks | 226406106 |
| XOM | Exxon Mobil Corporation | 49,968 | $5,634 | 0.2% | $110.09 | -0.4% | Common Stocks | 30231G102 |
| PBT | Permian Basin Royalty Trust | 307,453 | $5,611 | 0.2% | $16.12 | — | Common Stocks | 714236106 |
| RLX | RLX Technology, Inc. Sponsored ADR Class A | 1,973,049 | $5,189 | 0.2% | $2.11 | — | Common Stocks | 74969N103 |
| FNKO | Funko, Inc. Class A | 1,410,762 | $4,853 | 0.2% | $3.71 | 0.0% | Common Stocks | 361008105 |
| LOMA | Loma Negra Cia Industrial Arge | 649,631 | $4,788 | 0.2% | $8.06 | — | Common Stocks | 54150E104 |
| VIST | Vista Energy Sab DE CV Sponsored ADR Class A | 114,600 | $3,942 | 0.1% | $47.81 | — | Common Stocks | 92837L109 |
| CZR | Caesars Entertainment Inc | 139,858 | $3,780 | 0.1% | $45.80 | -40.9% | Common Stocks | 12769G100 |
| RIG | Transocean Ltd. | 1,077,922 | $3,363 | 0.1% | $5.99 | -49.6% | Common Stocks | H8817H100 |
| DSX | Diana Shipping Inc. | 1,937,625 | $3,255 | 0.1% | $2.55 | -35.4% | Common Stocks | Y2066G104 |
| EPAM | EPAM Systems, Inc. | 20,097 | $3,030 | 0.1% | $78.73 | +108.5% | Common Stocks | 29414B104 |
| VECO | Veeco Instruments Inc. | 79,233 | $2,411 | 0.1% | $21.75 | +9.5% | Common Stocks | 922417100 |
| INDA | iShares MSCI India ETF | 42,795 | $2,228 | 0.1% | $36.00 | — | Common Stocks | 46429B598 |
| CNR | Core Natural Resources Inc | 22,374 | $1,868 | 0.1% | $84.05 | -11.1% | Common Stocks | 218937100 |
| SIRI | Liberty Sirius Xm Holdings Inc | 40,859 | $951 | 0.0% | $31.06 | -25.5% | Common Stocks | 829933100 |
| VTS | Vitesse Energy, Inc. | 34,296 | $797 | 0.0% | $18.14 | +35.4% | Common Stocks | 92852X103 |
| MNTK | Montauk Renewables, Inc. | 395,948 | $796 | 0.0% | $7.85 | -72.7% | Common Stocks | 61218C103 |
| LILAK | Liberty Latin America Ltd. Class C | 93,299 | $787 | 0.0% | $15.51 | -51.6% | Common Stocks | G9001E128 |
| — | Liberty Media Corp. Series C Liberty Live | 7,895 | $766 | 0.0% | $32.10 | — | Common Stocks | 531229722 |
| KT | KT Corporation Sponsored ADR | 34,611 | $675 | 0.0% | $19.50 | — | Common Stocks | 48268K101 |
| LBRDK | Liberty Broadband Corp. Class C | 9,676 | $615 | 0.0% | $81.23 | -15.0% | Common Stocks | 530307305 |
| LILA | Liberty Latin America Ltd. Class A | 69,484 | $576 | 0.0% | $18.67 | -60.5% | Common Stocks | G9001E102 |
| — | Liberty Media Corp. Series A Liberty Live | 5,506 | $519 | 0.0% | $31.92 | — | Common Stocks | 531229748 |
| FWONA | Liberty Media Corp. Series A Liberty Formula One | 4,551 | $433 | 0.0% | $56.54 | — | Common Stocks | 531229771 |
| DSX/WS | Diana Shipping Inc Warrant | 419,638 | $41 | 0.0% | $0.28 | — | Warrants | Y2066G138 |