Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (30 quarters reported)
$105M in Q2 2014 → $68.4M now. Hover for any quarter.
As reported for the quarter ended June 30, 2026. Activity is the change in share count since the prior quarter's filing.
| Holding | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| Ziff Davis Inc | 47.8% | Added 17% | 624,028 | $32.7M |
| Surgery Partners Inc | 24.6% | Added 33% | 1,003,447 | $16.9M |
| Echostar Corp | 23.6% | Added 8.1% | 159,400 | $16.2M |
| Ziprecruiter Inc | 2.0% | Added 6.9% | 371,456 | $1.39M |
| Trump Media & Technology Group Corp Put | 1.9% | New | 8,500 | $1.31M |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.
quarter ended June 30, 2026 · filed August 14, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Ziff Davis Inc | Added | +90,000 | +$4.71M | 47.8% |
| Surgery Partners Inc | Added | +248,009 | +$4.17M | 24.6% |
| Trump Media & Technology Group Corp | New | +8,500 | +$1.31M | 1.9% |
| Echostar Corp | Added | +12,000 | +$1.22M | 23.6% |
| Ziprecruiter Inc | Added | +23,929 | +$89.7K | 2.0% |
quarter ended March 31, 2026 · filed May 15, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Ziff Davis Inc | New | +534,028 | +$22.4M | 45.4% |
| Nabors Industries Ltd | Exited | −264,220 | −$14.3M | — |
| Surgery Partners Inc | New | +755,438 | +$9M | 18.3% |
| Echostar Corp | Trimmed | −58,000 | −$6.79M | 35.0% |
| AH Ashford Hospitality Tr Inc | Exited | −175,512 | −$748K | — |
| Ziprecruiter Inc | New | +347,527 | +$639K | 1.3% |
quarter ended December 31, 2025 · filed February 12, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Nabors Industries Ltd | Trimmed | −1,454,210 | −$79M | 38.3% |
| Echostar Corp | Added | +66,200 | +$7.2M | 59.7% |
| SP Service Pptys Tr | Exited | −1,363,572 | −$3.7M | — |
quarter ended September 30, 2025 · filed November 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Latam Airlines Group Sa | Exited | −303,036 | −$13.1M | — |
| Echostar Corp | New | +139,200 | +$10.6M | 14.1% |
| SP Service Pptys Tr | New | +1,363,572 | +$3.7M | 4.9% |
| Tidewater Inc | Exited | −28,390 | −$1.42M | — |
quarter ended June 30, 2025 · filed August 15, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Latam Airlines Group Sa | Trimmed | −2,532,624 | −$110M | 17.4% |
| Nabors Industries Ltd | Trimmed | −295,500 | −$10.3M | 79.2% |
quarter ended March 31, 2025 · filed May 15, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Nabors Industries Ltd | New | +2,013,930 | +$51.5M | 36.1% |
| Latam Airlines Group Sa | Trimmed | −698,198 | −$22M | 62.5% |
| OH Onemain Hlgs Inc | Exited | −299,792 | −$15.6M | — |
| Chegg Inc | Exited | −3,000,000 | −$2.93M | — |
| Valaris Ltd | Exited | −59,220 | −$2.62M | — |
| AH Ashford Hospitality Tr Inc | Exited | −2,092,981 | −$1.5M | — |
| AH Ashford Hospitality Tr Inc | New | +175,512 | +$1.05M | 0.7% |
quarter ended December 31, 2024 · filed February 13, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| OH Onemain Hlgs Inc | Trimmed | −179,540 | −$9.36M | 12.8% |
| Chegg Inc | New | +3,000,000 | +$2.93M | 2.4% |
| Valaris Ltd | New | +59,220 | +$2.62M | 2.2% |
| Tidewater Inc | New | +28,390 | +$1.55M | 1.3% |
quarter ended September 30, 2024 · filed November 14, 2024
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Latam Airlines Group Sa | New | +3,533,858 | +$93.3M | 79.5% |
| OH Onemain Hlgs Inc | Trimmed | −105,944 | −$4.99M | 19.2% |
Loading...
