Anthracite Investment Company, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), Anthracite Investment Company, Inc. reported 62 stock positions worth $159.6 million. Its top holding was iShares MSCI Brazil ETF (EWZ) at 7.1% of the portfolio, followed by Rev (REVG, 4.8%) and Vaneck Gold Miners ETF (GDX, 4.6%). Compared with Q4 2024, it opened 10 new positions, sold out of 29, added to 13 and reduced 12. The biggest buy was iShares MSCI Brazil ETF (EWZ, shares +1401%) and the biggest sale an exit from iShares 20+ Year Treasury BD (TLT).
- Most Recent 13F
- Q2 2026
- Location
- FORT WORTH, TX
- CIK
- 0001809930
- Portfolio Value
- $159.6M (Q1 2025)
- SEC Filing
- 0001085146-25-002769 ↗ filed May 8, 2025
Holdings Value
Holdings 62 stocks · $159.6M
| EWZ iShares MSCI Brazil ETF | 7.05% | 435,400 | $11.3M | Add +1401.4% |
| REVG Rev Group Inc. | 4.77% | 240,719 | $7.6M | Add +6.7% |
| GDX Vaneck Gold Miners ETF | 4.60% | 159,703 | $7.3M | No change |
| NXE Nexgen Energy Ltd. | 3.70% | 1,314,887 | $5.9M | No change |
| FLUT Flutter Entertainment PLC-Di | 3.05% | 22,000 | $4.9M | Add +15.8% |
| PM Philip Morris International | 3.05% | 30,700 | $4.9M | Add +4.1% |
| CASY Casey's General Stores Inc. | 3.02% | 11,100 | $4.8M | Reduce -3.5% |
| SILJ Amplify Junior Silver Miners | 2.96% | 390,000 | $4.7M | New |
| ET Energy Transfer LP | 2.92% | 251,000 | $4.7M | Add +37.9% |
| DAKT Daktronics Inc. | 2.87% | 375,939 | $4.6M | Add +31.8% |
| AEM Agnico Eagle Mines Ltd. | 2.72% | 40,000 | $4.3M | No change |
| CCJ Cameco Corp. | 2.49% | 96,524 | $4.0M | Reduce -17.2% |
| DKNG Draftkings Inc. Class A | 2.47% | 118,900 | $3.9M | Add +98.2% |
| TASEKO MINES LTD | 2.33% | 1,659,460 | $3.7M | No change |
| GRFS Grifols SA-ADR | 2.25% | 505,835 | $3.6M | Reduce -23.4% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 2.16% | 10,000 | $3.5M | No change |
| AZO AutoZone Inc. | 2.15% | 900 | $3.4M | Reduce -10.0% |
| SPOT Spotify Technology SA | 2.07% | 6,000 | $3.3M | No change |
| GOOGL Alphabet Inc. Class A | 2.05% | 21,200 | $3.3M | Add +63.1% |
| VST Vistra Corp. | 1.95% | 26,520 | $3.1M | No change |
| WCN Waste Connections Inc. | 1.88% | 15,400 | $3.0M | Reduce -3.1% |
| MELI MercadoLibre Inc. | 1.87% | 1,529 | $3.0M | No change |
| AGI Alamos Gold Inc. Class A | 1.84% | 110,000 | $2.9M | No change |
| CPNG Coupang Inc. | 1.82% | 132,700 | $2.9M | Add +36.1% |
| NRG NRG Energy Inc. | 1.79% | 30,000 | $2.9M | No change |
| AMZN Amazon.com Inc. | 1.79% | 15,000 | $2.9M | New |
| SHOP Shopify Inc. Class A | 1.68% | 28,000 | $2.7M | No change |
| BTI British American Tob-SP ADR | 1.64% | 63,100 | $2.6M | No change |
| GRND Grindr Inc. | 1.58% | 140,985 | $2.5M | Add +39.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.50% | 4,491 | $2.4M | Reduce -35.8% |
| CCL Carnival Corp. | 1.48% | 121,321 | $2.4M | Add +19.7% |
| REAL The Realreal Inc. filed as THE REALREAL INC | 1.42% | 421,104 | $2.3M | Reduce -26.7% |
| RH RH | 1.32% | 8,972 | $2.1M | Reduce -27.1% |
| HEI Heico Corp. | 1.17% | 7,000 | $1.9M | No change |
| KGC Kinross Gold Corp. | 1.11% | 140,241 | $1.8M | No change |
| META Meta Platforms Inc. Class A | 1.08% | 3,000 | $1.7M | New |
| FWRD Forward Air Corp. | 1.03% | 82,015 | $1.6M | Add +17.1% |
| MPLX MPLX LP | 1.01% | 30,000 | $1.6M | No change |
| PPLT Abrdn Physical Platinum SHRS | 0.92% | 16,000 | $1.5M | No change |
| PALL Abrdn Physical Palladium SHS | 0.91% | 16,000 | $1.4M | No change |
| MSFT Microsoft Corp. | 0.86% | 3,636 | $1.4M | Reduce -37.7% |
| BSM Black Stone Minerals LP | 0.84% | 88,104 | $1.3M | No change |
| PAC Grupo Aeroportuario Pac-ADR | 0.81% | 7,000 | $1.3M | No change |
| ASR Grupo Aeroportuario Sur-ADR | 0.77% | 4,500 | $1.2M | No change |
| MU Micron Technology Inc. | 0.71% | 13,000 | $1.1M | New |
| ARLP Alliance Resource Partners | 0.68% | 39,751 | $1.1M | No change |
| KBR KBR Inc. | 0.67% | 21,510 | $1.1M | Reduce -63.2% |
| TGS Transportador Gas-ADR SP B | 0.61% | 36,500 | $966K | New |
| NRP Natural Resource Partners LP | 0.57% | 8,799 | $914K | No change |
| OMAB Grupo Aeroportuario Cen-ADR | 0.52% | 10,625 | $835K | No change |
| FLL Full House Resorts Inc. filed as FULL HSE RESORTS INC | 0.52% | 199,255 | $833K | Add +34.3% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.51% | 59,942 | $817K | No change |
| AMLP Alerian MLP ETF | 0.37% | 11,240 | $584K | No change |
| AM Antero Midstream Corp. | 0.34% | 30,000 | $540K | No change |
| TSLA Tesla Inc. | 0.32% | 2,000 | $518K | New |
| CNR Core Natural Resources Inc. | 0.32% | 6,700 | $517K | New |
| TATT Tat Technologies Ltd. | 0.25% | 14,477 | $398K | New |
| GDXJ Vaneck Junior Gold Miners | 0.22% | 6,200 | $355K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.21% | 700 | $328K | New |
| GLD SPDR Gold Shares | 0.18% | 1,000 | $288K | New |
| WOW Wideopenwest Inc. | 0.12% | 40,000 | $198K | Reduce -44.4% |
| VALE Vale SA-SP ADR | 0.09% | 15,000 | $150K | Reduce -96.5% |
Options reported separately and not counted above: SLV calls ($18.6M), NKE calls ($1.4M).
Portfolio Sells Q4 2024 → Q1 2025
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −3.33 |
| MSOS Advisorshares Pure US Cann | Sold out | 0.00% | −2.04 |
| RTO Rentokil Initial PLC-SP ADR | Sold out | 0.00% | −1.96 |
| VALE Vale SA-SP ADR | Reduce -96.5% | 0.09% | −1.82 |
| ARMK Aramark | Sold out | 0.00% | −1.80 |
| CNQ Canadian Natural Resources | Sold out | 0.00% | −1.76 |
| REAL The Realreal Inc. | Reduce -26.7% | 1.42% | −1.73 |
| ITUB Itau Unibanco H-Spon PRF ADR | Sold out | 0.00% | −1.56 |
| HCC Warrior Met Coal Inc. | Sold out | 0.00% | −1.55 |
| PBR.A Petroleo Brasil-SP Pref ADR | Sold out | 0.00% | −1.31 |
| TFIN Triumph Financial Inc. | Sold out | 0.00% | −1.22 |
| RH RH | Reduce -27.1% | 1.32% | −1.11 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −1.05 |
| KBR KBR Inc. | Reduce -63.2% | 0.67% | −1.03 |
| CPRI Capri Holdings Ltd. | Sold out | 0.00% | −0.95 |
| NU Nu Holdings Ltd./Cayman Isl-A | Sold out | 0.00% | −0.88 |
| CPRT Copart Inc. | Sold out | 0.00% | −0.86 |
| FYBR Frontier Communications Pare | Sold out | 0.00% | −0.85 |
| VTRS Viatris Inc. | Sold out | 0.00% | −0.81 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.79 |
| FL Foot Locker Inc. | Sold out | 0.00% | −0.78 |
| URNM Sprott Uranium Miners ETF | Sold out | 0.00% | −0.62 |
| WRBY Warby Parker Inc. Class A | Sold out | 0.00% | −0.61 |
| KWEB Kranesh Csi China Internet | Sold out | 0.00% | −0.59 |
| PAGS Pagseguro Digital Ltd. Class A | Sold out | 0.00% | −0.58 |
| VAL Valaris Ltd. | Sold out | 0.00% | −0.55 |
| TDW Tidewater Inc. | Sold out | 0.00% | −0.55 |
| CCJ Cameco Corp. | Reduce -17.2% | 2.49% | −0.51 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.49 |
| RIO Rio Tinto PLC-Spon ADR | Sold out | 0.00% | −0.47 |
| MSFT Microsoft Corp. | Reduce -37.7% | 0.86% | −0.38 |
| AMR Alpha Metallurgical Resource | Sold out | 0.00% | −0.26 |
| GEO The Geo Group Inc. | Sold out | 0.00% | −0.25 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.22 |
| GRFS Grifols SA-ADR | Reduce -23.4% | 2.25% | −0.21 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -35.8% | 1.50% | −0.09 |
| WOW Wideopenwest Inc. | Reduce -44.4% | 0.12% | −0.06 |
| CLF Cleveland-Cliffs Inc. | Sold out | 0.00% | −0.05 |
| WCN Waste Connections Inc. | Reduce -3.1% | 1.88% | +0.52 |
| AZO AutoZone Inc. | Reduce -10.0% | 2.15% | +0.54 |
| CASY Casey's General Stores Inc. | Reduce -3.5% | 3.02% | +0.73 |
Portfolio Buys Q4 2024 → Q1 2025
| EWZ iShares MSCI Brazil ETF | Add +1401.4% | 7.05% | +6.72 |
| SILJ Amplify Junior Silver Miners | New | 2.96% | +2.96 |
| AMZN Amazon.com Inc. | New | 1.79% | +1.79 |
| DKNG Draftkings Inc. Class A | Add +98.2% | 2.47% | +1.35 |
| PM Philip Morris International | Add +4.1% | 3.05% | +1.27 |
| REVG Rev Group Inc. | Add +6.7% | 4.77% | +1.16 |
| ET Energy Transfer LP | Add +37.9% | 2.92% | +1.14 |
| META Meta Platforms Inc. Class A | New | 1.08% | +1.08 |
| GOOGL Alphabet Inc. Class A | Add +63.1% | 2.05% | +0.82 |
| CPNG Coupang Inc. | Add +36.1% | 1.82% | +0.75 |
| MU Micron Technology Inc. | New | 0.71% | +0.71 |
| GRND Grindr Inc. | Add +39.6% | 1.58% | +0.68 |
| TGS Transportador Gas-ADR SP B | New | 0.61% | +0.61 |
| FLUT Flutter Entertainment PLC-Di | Add +15.8% | 3.05% | +0.59 |
| DAKT Daktronics Inc. | Add +31.8% | 2.87% | +0.46 |
| TSLA Tesla Inc. | New | 0.32% | +0.32 |
| CNR Core Natural Resources Inc. | New | 0.32% | +0.32 |
| TATT Tat Technologies Ltd. | New | 0.25% | +0.25 |
| CCL Carnival Corp. | Add +19.7% | 1.48% | +0.22 |
| FLL Full House Resorts Inc. | Add +34.3% | 0.52% | +0.22 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.21% | +0.21 |
| GLD SPDR Gold Shares | New | 0.18% | +0.18 |
| FWRD Forward Air Corp. | Add +17.1% | 1.03% | −0.10 |
Options Activity Q4 2024 → Q1 2025
| EWZ iShares MSCI Brazil ETF | call | Sold out | 3,050,000 | $68.7Mbefore exit |
| SLV iShares Silver Trust | call | New | 600,000 | $18.6M |
| HON Honeywell International Inc. | call | Sold out | 23,000 | $5.2Mbefore exit |
| TSLA Tesla Inc. | put | Sold out | 6,000 | $2.4Mbefore exit |
| PLTR Palantir Technologies Inc. Class A | put | Sold out | 30,000 | $2.3Mbefore exit |
| CLF Cleveland-Cliffs Inc. | call | Sold out | 230,000 | $2.2Mbefore exit |
| NVDA Nvidia Corp. | put | Sold out | 15,000 | $2.0Mbefore exit |
| WSC Willscot Holdings Corp. | call | Sold out | 50,000 | $1.7Mbefore exit |
| NKE Nike Inc. Class B | call | New | 22,000 | $1.4M |
| MSOS Advisorshares Pure US Cann | call | Sold out | 300,000 | $1.1Mbefore exit |
| SPOT Spotify Technology SA | call | Sold out | 1,000 | $447Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 0 | $0 | |
| Q1 2026 | 0 | $0 | |
| Q4 2025 | 0 | $0 | |
| Q3 2025 | 0 | $0 | |
| Q2 2025 | 63 | $191.9M | REVG, EWZ, NXE, IBIT, GDX |
| Q1 2025 | 62 | $159.6M | EWZ, REVG, GDX, NXE, FLUT |
| Q4 2024 | 81 | $199.4M | NXE, REVG, TLT, REAL, CCJ |
| Q3 2024 | 79 | $211.4M | NXE, CPRI, KWEB, GDX, REVG |
| Q2 2024 | 75 | $188.0M | NXE, CCJ, GDX, MSOS, HCC |
| Q1 2024 | 93 | $198.5M | NXE, CCJ, HCC, MSOS, NRG |