Continental General Insurance Co.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Continental General Insurance Co. reported 9 stock positions worth $288.7 million. Its top holding was Daqo New Energy Corp.-ADR (DQ) at 37.4% of the portfolio, followed by Alpha Metallurgical Resource (AMR, 26.3%) and Groupon (GRPN, 14.8%). Compared with Q4 2024, it opened 6 new positions, sold out of 2, added to 1 and reduced 1. The biggest buy was a new position in Groupon (GRPN) and the biggest sale an exit from Bleichroeder Acquisition Cor (BACQU).

Most Recent 13F
Q2 2026
Location
Austin, TX
CIK
0000024046
Portfolio Value
$288.7M (Q1 2025)
SEC Filing
0000921895-25-001472 ↗ filed May 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $383.6M Q1 2024 Q2 2024: $255.6M Q2 2024 Q3 2024: $347.3M Q3 2024 Q4 2024: $270.6M Q4 2024 Q1 2025: $288.7M $288.7M Q1 2025 Q2 2025: $389.1M Q2 2025 Q3 2025: $514.2M Q3 2025 Q4 2025: $468.1M Q4 2025 Q1 2026: $692.7M Q1 2026 Q2 2026: $478.1M Q2 2026

Holdings 9 stocks · $288.7M
DQ Daqo New Energy Corp.-ADR 37.43% 5,966,202 $108.0M Add +0.8%
AMR Alpha Metallurgical Resource 26.27% 605,449 $75.8M No change
GRPN Groupon Inc. 14.84% 2,282,732 $42.8M New
MRLN Merlin Inc. filed as BLEICHROEDER ACQUISITION COR 6.93% 2,000,000 $20.0M New
DOLE Dole PLC 5.71% 1,141,756 $16.5M New
GEO The Geo Group Inc. 3.87% 382,885 $11.2M New
RAIL Freightcar America Inc. 2.76% 1,443,198 $8.0M Reduce -8.9%
VCSA Vacasa Inc. Class A 1.44% 771,777 $4.2M New
BITF Bitfarms Ltd./Canada 0.74% 2,695,233 $2.1M New
Other holdings (1): bonds, preferreds, convertibles and warrants · $362K (not counted above)
SecurityClassShares / PrincipalValueChange
BACQR Inflection Point Acquisition RIGHT 11/04/2026 2,000,000$362KNew

Total filed on the 13F, all lines: $289.0M.

Portfolio Sells Q4 2024 → Q1 2025
BACQU Bleichroeder Acquisition Cor Sold out 0.00% −7.43
RAIL Freightcar America Inc. Reduce -8.9% 2.76% −2.48
23ANDME HOLDING CO Sold out 0.00% −0.06

Portfolio Buys Q4 2024 → Q1 2025
GRPN Groupon Inc. New 14.84% +14.84
MRLN Merlin Inc. New 6.93% +6.93
DOLE Dole PLC New 5.71% +5.71
GEO The Geo Group Inc. New 3.87% +3.87
VCSA Vacasa Inc. Class A New 1.44% +1.44
BITF Bitfarms Ltd./Canada New 0.74% +0.74
DQ Daqo New Energy Corp.-ADR Add +0.8% 37.43% −5.07

Notes & Other Activity Q4 2024 → Q1 2025
BACQR Inflection Point Acquisition RIGHT 11/04/2026 New 2,000,000 $362K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 8$478.1MGEO, AMR, DQ, GRPN, SOC
Q1 2026 10$692.7MSOC, DQ, AMR, GEO, GRPN
Q4 2025 6$468.1MDQ, AMR, GEO, GRPN, CIA
Q3 2025 9$514.2MDQ, AMR, GEO, GRPN, BTG
Q2 2025 11$389.1MGRPN, GEO, DQ, AMR, RAIL
Q1 2025 9$288.7MDQ, AMR, GRPN, MRLN, DOLE
Q4 2024 5$270.6MAMR, DQ, BACQU, RAIL, 23ANDME HOLDING CO
Q3 2024 6$347.3MAMR, DQ, PWSC, RAIL, MNR
Q2 2024 6$255.6MAMR, DQ, RAIL, BABA, MNR
Q1 2024 7$383.6MAMR, DQ, BABA, MNR, RAIL