| # | Security | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | Texas Pacific Land Corp(TPL) | 149,458 | $70.9M | 62.83% |
| 2 | Grayscale Bitcoin Trust(GBTC) | 419,620 | $22.1M | 19.61% |
| 3 | Landbridge Co LLC(LB) | 93,756 | $6.5M | 5.73% |
| 4 | Permian Basin Royalty Trust(PBT) | 240,342 | $5.2M | 4.58% |
| 5 | Grayscale Bitcoin Mini Trust(BTC) | 103,200 | $3.1M | 2.74% |
| 6 | Hawaiian Electric Industries Inc(HE) | 167,460 | $2.5M | 2.20% |
| 7 | Mesabi Trust(MSB) | 45,114 | $1.4M | 1.26% |
| 8 | Howard Hughes Holdings Inc(HHH) | 6,000 | $379.6K | 0.34% |
| 9 | Waterbridge Infrastruc(WBI) | 12,500 | $334.9K | 0.30% |
| 10 | Miami International Holdings(MIAX) | 7,200 | $280.2K | 0.25% |
Latest filing, equity positions only
Quarter-over-quarter position changes
Quarter-over-quarter weight changes
| Sector | Prev % | Curr % | Change |
|---|---|---|---|
| Energy | 58.12% | 73.45% | +15.33% |
| Unclassified | 36.67% | 22.37% | -14.3% |
| Basic Materials | 2.24% | 1.27% | -0.97% |
| Real Estate | 0.67% | 0.36% | -0.31% |
| Financial Services | 0% | 0.25% | +0.25% |
| Utilities | 2.03% | 2.2% | +0.17% |
| Communication Services | 0.12% | 0% | -0.12% |
| Healthcare | 0.11% | 0.06% | -0.05% |
| Consumer Cyclical | 0.03% | 0.04% | +0.01% |
| Industrials | 0% | 0% | 0% |
| Technology | 0.01% | 0.01% | 0% |
Quarter-over-quarter weight changes by market cap
| Cap Size | Prev % | Curr % | Change |
|---|---|---|---|
| Large Cap | 48.68% | 62.91% | +14.23% |
| Unclassified | 36.67% | 22.37% | -14.3% |
| Mid Cap | 7.82% | 8.53% | +0.71% |
| Small Cap | 6.78% | 6.17% | -0.61% |
| Micro Cap | 0.04% | 0.03% | -0.01% |