Saber Capital Managment, LLC Diversified Active

CIK: 0001911378 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $119,850 (100.0% shares, 0.0% debt)

Holdings (31)

New Positions (18)

PBI PITNEY BOWES INC 9.0%

Value ($000) $10,791 Shares 1,020,946 Est. Cost $10.37 Unrealized 0.0%

MCS MARCUS CORP DEL 6.5%

Value ($000) $7,836 Shares 505,209 Est. Cost $14.87 Unrealized 0.0%

SRBK SR BANCORP INC 3.6%

Value ($000) $4,270 Shares 271,283 Est. Cost $15.74 Unrealized —

CRC CALIFORNIA RES CORP 3.4%

Value ($000) $4,111 Shares 91,941 Est. Cost $47.17 Unrealized 0.0%

GFR GREENFIRE RES LTD NEW 2.7%

Value ($000) $3,270 Shares 686,887 Est. Cost $4.75 Unrealized 0.0%

UNH UNITEDHEALTH GROUP INC 2.6%

Value ($000) $3,089 Shares 9,357 Est. Cost $337.21 Unrealized 0.0%

DOUG DOUGLAS ELLIMAN INC 2.5%

Value ($000) $2,982 Shares 1,258,261 Est. Cost $2.57 Unrealized 0.0%

FPH FIVE POINT HOLDINGS LLC 1.9%

Value ($000) $2,247 Shares 401,922 Est. Cost $5.91 Unrealized 0.0%

DIS DISNEY WALT CO 1.3%

Value ($000) $1,529 Shares 13,441 Est. Cost $109.53 Unrealized 0.0%

MRP MILLROSE PPTYS INC 1.1%

Value ($000) $1,297 Shares 43,413 Est. Cost $29.87 Unrealized —

COST COSTCO WHSL CORP NEW 1.0%

Value ($000) $1,207 Shares 1,400 Est. Cost — Unrealized —

WMT WALMART INC 0.9%

Value ($000) $1,125 Shares 10,100 Est. Cost — Unrealized —

NC NACCO INDS INC 0.9%

Value ($000) $1,121 Shares 22,851 Est. Cost $45.82 Unrealized 0.0%

CHCI COMSTOCK HLDG COS INC 0.7%

Value ($000) $802 Shares 69,052 Est. Cost $13.68 Unrealized 0.0%

RAVE RAVE RESTAURANT GROUP INC 0.4%

Value ($000) $514 Shares 155,889 Est. Cost $2.89 Unrealized 0.0%

BH BIGLARI HLDGS INC 0.3%

Value ($000) $404 Shares 1,215 Est. Cost $335.75 Unrealized 0.0%

PBI PITNEY BOWES INC 0.3%

Value ($000) $381 Shares 36,000 Est. Cost $10.37 Unrealized 0.0%

CRMT AMERICAS CAR-MART INC 0.3%

Value ($000) $305 Shares 12,065 Est. Cost $24.05 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PBI	PITNEY BOWES INC	1,020,946	$10,791	9.0%	$10.37	0.0%	COM	724479100
MCS	MARCUS CORP DEL	505,209	$7,836	6.5%	$14.87	0.0%	COM	566330106
SRBK	SR BANCORP INC	271,283	$4,270	3.6%	$15.74	—	COM	85227J106
CRC	CALIFORNIA RES CORP	91,941	$4,111	3.4%	$47.17	0.0%	COM STOCK	13057Q305
GFR	GREENFIRE RES LTD NEW	686,887	$3,270	2.7%	$4.75	0.0%	COM SHS	39525U107
UNH	UNITEDHEALTH GROUP INC	9,357	$3,089	2.6%	$337.21	0.0%	COM	91324P102
DOUG	DOUGLAS ELLIMAN INC	1,258,261	$2,982	2.5%	$2.57	0.0%	COM	25961D105
FPH	FIVE POINT HOLDINGS LLC	401,922	$2,247	1.9%	$5.91	0.0%	COM CL A	33833Q106
DIS	DISNEY WALT CO	13,441	$1,529	1.3%	$109.53	0.0%	COM	254687106
MRP	MILLROSE PPTYS INC	43,413	$1,297	1.1%	$29.87	—	COM CL A	601137102
COST	COSTCO WHSL CORP NEW	1,400	$1,207	1.0%	—	—	PUT	22160K105
WMT	WALMART INC	10,100	$1,125	0.9%	—	—	PUT	931142103
NC	NACCO INDS INC	22,851	$1,121	0.9%	$45.82	0.0%	CL A	629579103
CHCI	COMSTOCK HLDG COS INC	69,052	$802	0.7%	$13.68	0.0%	CL A NEW	205684202
RAVE	RAVE RESTAURANT GROUP INC	155,889	$514	0.4%	$2.89	0.0%	COM	754198109
BH	BIGLARI HLDGS INC	1,215	$404	0.3%	$335.75	0.0%	COM STK CL B	08986R309
PBI	PITNEY BOWES INC	36,000	$381	0.3%	$10.37	0.0%	CALL	724479100
CRMT	AMERICAS CAR-MART INC	12,065	$305	0.3%	$24.05	0.0%	COM	03062T105

Increased Positions (5)

FCNCA FIRST CTZNS BANCSHARES INC D 16.6%

Value ($000) $19,841 (+329.8%) Shares 9,245 (+176.4%) Est. Cost $1668.67 Unrealized +12.9%

NRP NATURAL RESOURCE PARTNERS L 18.2%

Value ($000) $21,766 (+115.9%) Shares 208,483 (+63.1%) Est. Cost $88.75 Unrealized —

BSM BLACK STONE MINERALS L P 7.0%

Value ($000) $8,389 (+1458.5%) Shares 631,222 (+1920.5%) Est. Cost $13.42 Unrealized —

CNK CINEMARK HLDGS INC 5.3%

Value ($000) $6,300 (+377.0%) Shares 271,085 (+276.6%) Est. Cost $22.22 Unrealized +18.0%

BVFL BV FINL INC 0.5%

Value ($000) $622 (+156.9%) Shares 34,266 (+42.8%) Est. Cost $12.38 Unrealized +39.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FCNCA	FIRST CTZNS BANCSHARES INC D	9,245 (+176.4%)	$19,841 (+329.8%)	16.6%	$1668.67	+12.9%	CL A	31946M103
NRP	NATURAL RESOURCE PARTNERS L	208,483 (+63.1%)	$21,766 (+115.9%)	18.2%	$88.75	—	COM UNIT LTD PAR	63900P608
BSM	BLACK STONE MINERALS L P	631,222 (+1920.5%)	$8,389 (+1458.5%)	7.0%	$13.42	—	COM UNIT	09225M101
CNK	CINEMARK HLDGS INC	271,085 (+276.6%)	$6,300 (+377.0%)	5.3%	$22.22	+18.0%	COM	17243V102
BVFL	BV FINL INC	34,266 (+42.8%)	$622 (+156.9%)	0.5%	$12.38	+39.0%	COM NEW	05603E208

Exited Positions (4)

FND FLOOR & DECOR HLDGS INC 5.0%

Value ($000) $5,943 Shares 65,674 Est. Cost $76.67 Unrealized -15.5%

AMZN AMAZON COM INC 3.0%

Value ($000) $3,582 Shares 28,179 Est. Cost $123.66 Unrealized +85.0%

GS GOLDMAN SACHS GROUP INC 2.4%

Value ($000) $2,823 Shares 8,726 Est. Cost $283.57 Unrealized +186.8%

PNC PNC FINL SVCS GROUP INC 0.3%

Value ($000) $368 Shares 3,000 Est. Cost $115.08 Unrealized +67.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FND	FLOOR & DECOR HLDGS INC	65,674	$5,943	5.0%	$76.67	-15.5%	—	339750101
AMZN	AMAZON COM INC	28,179	$3,582	3.0%	$123.66	+85.0%	—	023135106
GS	GOLDMAN SACHS GROUP INC	8,726	$2,823	2.4%	$283.57	+186.8%	—	38141G104
PNC	PNC FINL SVCS GROUP INC	3,000	$368	0.3%	$115.08	+67.5%	—	693475105

Decreased Positions (8)

JPM JPMORGAN CHASE & CO. 0.5%

Value ($000) $646 (-86.2%) Shares 2,006 (-93.8%) Est. Cost $105.62 Unrealized +193.1%

MSFT MICROSOFT CORP 1.0%

Value ($000) $1,161 (-75.5%) Shares 2,400 (-84.0%) Est. Cost $303.01 Unrealized +65.2%

CPRT COPART INC 3.2%

Value ($000) $3,886 (-33.3%) Shares 99,252 (-26.6%) Est. Cost $37.91 Unrealized +9.4%

NVR NVR INC 1.2%

Value ($000) $1,393 (-48.3%) Shares 191 (-57.7%) Est. Cost $4759.46 Unrealized +57.1%

V VISA INC 3.4%

Value ($000) $4,111 (-15.6%) Shares 11,722 (-44.7%) Est. Cost $202.90 Unrealized +67.8%

GOOGL ALPHABET INC 2.7%

Value ($000) $3,179 (-4.8%) Shares 10,156 (-60.2%) Est. Cost $111.19 Unrealized +156.8%

PHM PULTE GROUP INC 0.8%

Value ($000) $952 (+16.4%) Shares 8,116 (-26.5%) Est. Cost $40.72 Unrealized +200.7%

GOOG ALPHABET INC 0.3%

Value ($000) $325 (+4.6%) Shares 1,035 (-56.1%) Est. Cost $111.75 Unrealized +156.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JPM	JPMORGAN CHASE & CO.	2,006 (-93.8%)	$646 (-86.2%)	0.5%	$105.62	+193.1%	COM	46625H100
MSFT	MICROSOFT CORP	2,400 (-84.0%)	$1,161 (-75.5%)	1.0%	$303.01	+65.2%	COM	594918104
CPRT	COPART INC	99,252 (-26.6%)	$3,886 (-33.3%)	3.2%	$37.91	+9.4%	COM	217204106
NVR	NVR INC	191 (-57.7%)	$1,393 (-48.3%)	1.2%	$4759.46	+57.1%	COM	62944T105
V	VISA INC	11,722 (-44.7%)	$4,111 (-15.6%)	3.4%	$202.90	+67.8%	COM CL A	92826C839
GOOGL	ALPHABET INC	10,156 (-60.2%)	$3,179 (-4.8%)	2.7%	$111.19	+156.8%	CAP STK CL A	02079K305
PHM	PULTE GROUP INC	8,116 (-26.5%)	$952 (+16.4%)	0.8%	$40.72	+200.7%	COM	745867101
GOOG	ALPHABET INC	1,035 (-56.1%)	$325 (+4.6%)	0.3%	$111.75	+156.2%	CAP STK CL C	02079K107