Continental General Insurance Co.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Continental General Insurance Co. reported 11 stock positions worth $389.1 million. Its top holding was Groupon (GRPN) at 25.2% of the portfolio, followed by Geo (GEO, 24.0%) and Daqo New Energy Corp.-ADR (DQ, 23.3%). Compared with Q1 2025, it opened 3 new positions, sold out of 1, added to 2 and reduced 3. The biggest buy was Geo (GEO, shares +920%) and the biggest sale Merlin (MRLN, shares −80%).

Most Recent 13F
Q2 2026
Location
Austin, TX
CIK
0000024046
Portfolio Value
$389.1M (Q2 2025)
SEC Filing
0000921895-25-002193 ↗ filed Aug 13, 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 Q1 2025 Q2 2025: $389.1M $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 11 stocks · $389.1M
GRPN Groupon Inc. 25.19% 2,929,832 $98.0M Add +28.4%
GEO The Geo Group Inc. 24.03% 3,904,474 $93.5M Add +919.8%
DQ Daqo New Energy Corp.-ADR 23.26% 5,966,202 $90.5M No change
AMR Alpha Metallurgical Resource 17.50% 605,449 $68.1M No change
RAIL Freightcar America Inc. 2.76% 1,247,976 $10.8M Reduce -13.5%
DOLE Dole PLC 2.52% 700,654 $9.8M Reduce -38.6%
OSG Octave Specialty Group Inc. filed as AMBAC FINL GROUP INC 2.22% 1,218,349 $8.7M New
MRLN Merlin Inc. filed as BLEICHROEDER ACQUISITION COR 1.07% 402,789 $4.2M Reduce -79.9%
BITF Bitfarms Ltd./Canada 0.58% 2,695,233 $2.3M No change
DJT Trump Media & Technology Gro 0.47% 101,956 $1.8M New
CIA Citizens Inc. 0.39% 431,373 $1.5M New
Other holdings (1): bonds, preferreds, convertibles and warrants · $700K (not counted above)
SecurityClassShares / PrincipalValueChange
BACQR Inflection Point Acquisition RIGHT 11/04/2026 2,000,000$700KNo change

Total filed on the 13F, all lines: $389.8M.

Portfolio Sells Q1 2025 → Q2 2025
MRLN Merlin Inc. Reduce -79.9% 1.07% −5.87
DOLE Dole PLC Reduce -38.6% 2.52% −3.20
VCSA Vacasa Inc. Class A Sold out 0.00% −1.44
RAIL Freightcar America Inc. Reduce -13.5% 2.76% +0.00

Portfolio Buys Q1 2025 → Q2 2025
GEO The Geo Group Inc. Add +919.8% 24.03% +20.16
GRPN Groupon Inc. Add +28.4% 25.19% +10.35
OSG Octave Specialty Group Inc. New 2.22% +2.22
DJT Trump Media & Technology Gro New 0.47% +0.47
CIA Citizens Inc. New 0.39% +0.39

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