Q2 2025 Holdings
Filed 2025-08-13 | 84 holdings | $595.0M | 13F-HR | View on SEC ↗ · Holdings Table ↗
Sign in to see sub-manager breakdown
| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Tidewater Inc(TDW) | COM | 88642R109 | $136.2M | 2,951,533 | 22.9% |
| Canadian Solar Inc(CSIQ) | COM | 136635109 | $61.9M | 487,625 | 10.4% |
| Builders Firstsource Inc(BLDR) | COM | 12008R107 | $48.5M | 415,803 | 8.2% |
| Five Point Holdings LLC(FPH) | COM | 33833Q106 | $37.3M | 6,779,047 | 6.3% |
| LSB Inds Inc(LXU) | COM | 502160104 | $33.3M | 4,266,802 | 5.6% |
| Canadian NAT RES LTD(CNQ) | COM | 136385101 | $26.6M | 331,742 | 4.5% |
| West Fraser Timber Co LTD(WFG) | COM | 952845105 | $21.4M | 295,288 | 3.6% |
| Jefferies Finl Group Inc(JEF) | COM | 47233W109 | $18.7M | 341,654 | 3.1% |
| Cavco Inds Inc del(CVCO) | COM | 149568107 | $15.7M | 36,162 | 2.6% |
| Westlake Chem Corp(WLK) | COM | 960413102 | $13.8M | 182,840 | 2.3% |
| Aercap Holdings NV(AER) | SHS | N00985106 | $12.6M | 107,283 | 2.1% |
| Insteel Industries Inc(IIIN) | COM | 45774W108 | $11.1M | 299,247 | 1.9% |
| Amrep Corp New(AXR) | COM | 032159105 | $10.9M | 518,520 | 1.8% |
| Radnet Inc(RDNT) | COM | 750491102 | $10.8M | 189,446 | 1.8% |
| Arcelormittal SA Luxembourg(MT) | NY REGISTRY SH | 03938L203 | $10.8M | 340,585 | 1.8% |
| Lincoln Elec Hldgs Inc(LECO) | COM | 533900106 | $10.5M | 50,469 | 1.8% |
| Navigator Holdings PLC(NVGS) | SHS | Y62132108 | $10.4M | 735,531 | 1.7% |
| Louisiana PAC Corp(LPX) | COM | 546347105 | $6.8M | 78,936 | 1.1% |
| Technipfmc PLC(FTI) | COM | G87110105 | $6.4M | 185,637 | 1.1% |
| Travel Plus Leisure Co(TNL) | COM | 894164102 | $6.4M | 123,814 | 1.1% |
| Millrose Pptys Inc(MRP) | COM CL A | 601137102 | $6.1M | 212,710 | 1.0% |
| Spotify Technology S A(SPOT) | SHS | L8681T102 | $5.8M | 7,500 | 1.0% |
| Allison Transmission Hldgs Inc(ALSN) | COM | 01973R101 | $5.5M | 58,345 | 0.9% |
| Western Digital Corp(WDC) | COM | 958102105 | $5.5M | 86,395 | 0.9% |
| Legacy Housing Corp(LEGH) | COM | 52472M101 | $5.1M | 222,867 | 0.8% |
| Asbury Automotive Group(ABG) | COM | 043436104 | $4.8M | 20,247 | 0.8% |
| Champion Homes Inc(SKY) | COM | 830830105 | $4.4M | 69,698 | 0.7% |
| Seacor Marine Holdings Inc(SMHI) | COM | 78413P101 | $4.3M | 844,276 | 0.7% |
| Academy Sports & Outdoors in(ASO) | COM | 00402L107 | $4.1M | 90,952 | 0.7% |
| Teck Resources Inc(TECK) | CL B | 878742204 | $4.0M | 100,000 | 0.7% |
| Amkor Technology Inc(AMKR) | COM | 031652100 | $4.0M | 191,747 | 0.7% |
| Noble Corp New(NE) | ORD SHS A | G65431127 | $3.9M | 147,788 | 0.7% |
| Preformed Line Prods Co(PLPC) | COM | 740444104 | $3.0M | 18,484 | 0.5% |
| Dana Holding Corp(DAN) | COM | 235825205 | $2.9M | 169,943 | 0.5% |
| Seneca Foods Corp(SENEA) | COM | 817070501 | $2.4M | 23,853 | 0.4% |
| Olin Corp New(OLN) | COM PAR $1 | 680665205 | $2.3M | 113,392 | 0.4% |
| Valaris Limited(VAL) | CL A | G9460G101 | $2.2M | 52,524 | 0.4% |
| Caci Intl Inc(CACI) | CL A | 127190304 | $1.7M | 3,600 | 0.3% |
| CGI Inc(GIB) | CL A SUB VTG | 12532H104 | $1.5M | 14,000 | 0.2% |
| Sandisk Corp(SNDK) | COM | 80004C200 | $1.2M | 27,133 | 0.2% |
| Ranger Energy Svcs Inc(RNGR) | COM CL A | 75282U104 | $1.2M | 100,000 | 0.2% |
| U Haul Holding Company(UHAL/B) | COM SER N | 023586506 | $1.0M | 19,100 | 0.2% |
| Morgan Stanley(MS) | COM NEW | 617446448 | $945.9K | 6,715 | 0.2% |
| Alamos Gold Incorporated(AGI) | COM CL A | 011532108 | $916.3K | 34,500 | 0.2% |
| Agnico Eagle Mines LTD(AEM) | COM | 008474108 | $832.5K | 7,000 | 0.1% |
| Hilton Grand Vacations Inc(HGV) | COM | 43283X105 | $632.1K | 15,220 | 0.1% |
| Petroleo Brasileiro SA Petro(PBR) | SPONSORED ADR | 71654V408 | $625.5K | 50,000 | 0.1% |
| Algoma STL Group Inc(ASTL) | COM | 015658107 | $620.1K | 90,000 | 0.1% |
| Hudbay Minerals Inc(HBM) | COM | 443628102 | $583.6K | 55,000 | 0.1% |
| Atkore Inc(ATKR) | COM | 047649108 | $493.9K | 7,000 | 0.1% |