Herr Investment Group LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 12, 2024), Herr Investment Group LLC reported 62 stock positions worth $337.9 million. Its top holding was Vanguard Short-Term Treasury (VGSH) at 8.3% of the portfolio, followed by Lincoln Educational Services (LINC, 8.2%) and Adecoagro (AGRO, 7.6%). Compared with Q1 2024, it opened 18 new positions, sold out of 8, added to 10 and reduced 18. The biggest buy was a new position in Remitly Global (RELY) and the biggest sale Abrdn Physical Platinum SHRS (PPLT, shares −73%).
- Most Recent 13F
- Q2 2024
- Location
- AUSTIN, TX
- CIK
- 0001922235
- Portfolio Value
- $337.9M (Q2 2024)
- SEC Filing
- 0001085146-24-003717 ↗ filed Aug 12, 2024
Holdings Value
Holdings 62 stocks · $337.9M
| VGSH Vanguard Short-Term Treasury | 8.32% | 484,669 | $28.1M | Reduce -0.8% |
| LINC Lincoln Educational Services | 8.25% | 2,349,295 | $27.9M | Reduce -0.3% |
| AGRO Adecoagro SA | 7.63% | 2,649,555 | $25.8M | Add +30.3% |
| VAL Valaris Ltd. | 5.20% | 235,822 | $17.6M | Add +123.3% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 4.51% | 1,410,464 | $15.2M | No change |
| AEM Agnico Eagle Mines Ltd. | 4.08% | 210,565 | $13.8M | Reduce -28.4% |
| EQX Equinox Gold Corp. | 3.60% | 2,325,521 | $12.2M | Add +62.6% |
| MLP Maui Land & Pineapple Co. filed as MAUI LD & PINEAPPLE INC | 3.43% | 526,386 | $11.6M | Add +25.4% |
| AGI Alamos Gold Inc. Class A | 3.41% | 735,795 | $11.5M | Reduce -12.0% |
| RRC Range Resources Corp. | 3.32% | 334,835 | $11.2M | Reduce -32.7% |
| NGD New Gold Inc. | 3.01% | 5,210,363 | $10.2M | Add +40.4% |
| MOS The Mosaic Co. | 2.84% | 332,209 | $9.6M | Add +1318.7% |
| RELY Remitly Global Inc. | 2.75% | 766,048 | $9.3M | New |
| PPLT Abrdn Physical Platinum SHRS | 2.75% | 101,485 | $9.3M | Reduce -72.8% |
| MYO Myomo Inc. | 2.70% | 2,846,071 | $9.1M | Add +72.9% |
| BOXX Alpha Architect 1-3 MNTH Box | 2.69% | 84,429 | $9.1M | New |
| VALE Vale SA-SP ADR | 2.45% | 742,400 | $8.3M | New |
| TOTL SS Doubleline TR Tact ETF | 2.35% | 199,562 | $7.9M | Reduce -1.8% |
| PPTA Perpetua Resources Corp. | 2.23% | 1,450,498 | $7.5M | Add +5.8% |
| SLV iShares Silver Trust | 2.20% | 279,224 | $7.4M | No change |
| NE Noble Corp. PLC | 2.05% | 155,000 | $6.9M | New |
| DLY Doubleline Yield Opport | 1.79% | 382,782 | $6.0M | Reduce -36.8% |
| DSL Doubleline Income Solutions | 1.37% | 370,799 | $4.6M | Reduce -33.9% |
| MSFT Microsoft Corp. | 1.29% | 9,787 | $4.4M | No change |
| DBL Doubleline Opport Credit | 1.29% | 283,066 | $4.3M | Reduce -30.0% |
| SIVR Abrdn Physical Silver Shares | 1.29% | 156,000 | $4.3M | New |
| DOC Healthpeak Properties Inc. | 0.99% | 170,488 | $3.3M | Add +326.2% |
| SMHI Seacor Marine Holdings Inc. | 0.99% | 247,357 | $3.3M | New |
| NAK Northern Dynasty Minerals | 0.95% | 10,330,688 | $3.2M | Add +10.7% |
| MAA Mid-America Apartment Comm | 0.80% | 18,919 | $2.7M | New |
| CPT Camden Property Trust | 0.79% | 24,546 | $2.7M | New |
| ARE Alexandria Real Estate Equit | 0.73% | 21,011 | $2.5M | New |
| CSANY Cosan SA -ADR | 0.65% | 225,000 | $2.2M | New |
| SIMPLIFY MACRO STRATEGY ETF | 0.64% | 103,358 | $2.2M | Reduce -76.7% |
| SCJ iShares MSCI Japan Small-Cap | 0.63% | 29,771 | $2.1M | No change |
| WRN Western Copper and Gold Corp. | 0.53% | 1,552,749 | $1.8M | Reduce -6.9% |
| BRFS BRF SA-ADR | 0.42% | 350,000 | $1.4M | Reduce -12.5% |
| TDW Tidewater Inc. | 0.35% | 12,500 | $1.2M | No change |
| PPC Pilgrim's Pride Corp. | 0.32% | 28,275 | $1.1M | Reduce -9.6% |
| HGBL Heritage Global Inc. | 0.32% | 432,900 | $1.1M | No change |
| PGR Progressive Corp. | 0.31% | 5,000 | $1.0M | No change |
| CVE Cenovus Energy Inc. | 0.29% | 50,000 | $983K | New |
| THM Intl Tower Hill Mines Ltd. filed as INTERNATIONAL TOWER HILL MIN | 0.26% | 1,777,727 | $879K | Reduce -13.4% |
| JOE The St Joe Co. | 0.26% | 16,000 | $875K | No change |
| CRESY Cresud S.A.-Spons ADR | 0.24% | 99,860 | $821K | New |
| AR Antero Resources Corp. | 0.24% | 25,000 | $816K | Reduce -28.6% |
| SHY iShares 1-3 Year Treasury Bo | 0.24% | 9,891 | $808K | Reduce -16.8% |
| DFS Discover Financial Services | 0.23% | 6,000 | $785K | No change |
| GENK Gen Restaurant Group Inc. | 0.22% | 81,452 | $738K | New |
| STNG Scorpio Tankers Inc. | 0.21% | 8,744 | $711K | Reduce -16.3% |
| GLD SPDR Gold Shares | 0.20% | 3,151 | $677K | No change |
| FISV Fiserv Inc. | 0.19% | 4,376 | $652K | No change |
| OXY Occidental Petroleum Corp. | 0.19% | 10,000 | $630K | No change |
| MSOS Advisorshares Pure US Cann | 0.16% | 75,000 | $550K | New |
| NEM Newmont Corp. | 0.12% | 10,000 | $419K | New |
| RYN Rayonier Inc. | 0.12% | 14,078 | $410K | No change |
| CTVA Corteva Inc. | 0.12% | 7,400 | $399K | No change |
| NLY Annaly Capital Management Inc. | 0.12% | 20,700 | $395K | No change |
| TRMD Torm PLC-A | 0.11% | 10,000 | $388K | New |
| LGO Largo Inc. | 0.11% | 200,025 | $370K | New |
| URA Global X Uranium ETF | 0.09% | 10,747 | $311K | No change |
| INMD Inmode Ltd. | 0.08% | 15,000 | $274K | New |
Options reported separately and not counted above: SMH puts ($443.0M), AAPL puts ($405.4M), CMG puts ($140.3M), SLV calls ($55.7M), XLY puts ($45.6M), DECK puts ($34.1M), GDX puts ($20.4M), GDX calls ($13.6M), GDXJ calls ($4.4M).
Portfolio Sells Q1 2024 → Q2 2024
| PPLT Abrdn Physical Platinum SHRS | Reduce -72.8% | 2.75% | −6.93 |
| SEB Seaboard Corp. | Sold out | 0.00% | −6.43 |
| TUA Sim St Treas Fut Strat ETF | Sold out | 0.00% | −3.64 |
| SIMPLIFY MACRO STRATEGY ETF | Reduce -76.7% | 0.64% | −2.50 |
| RRC Range Resources Corp. | Reduce -32.7% | 3.32% | −2.00 |
| AEM Agnico Eagle Mines Ltd. | Reduce -28.4% | 4.08% | −1.37 |
| DLY Doubleline Yield Opport | Reduce -36.8% | 1.79% | −1.21 |
| DSL Doubleline Income Solutions | Reduce -33.9% | 1.37% | −0.84 |
| DBL Doubleline Opport Credit | Reduce -30.0% | 1.29% | −0.65 |
| VGSH Vanguard Short-Term Treasury | Reduce -0.8% | 8.32% | −0.49 |
| AGI Alamos Gold Inc. Class A | Reduce -12.0% | 3.41% | −0.41 |
| OKLO Oklo Inc. | Sold out | 0.00% | −0.36 |
| ARIS Aris Mining Corp. | Sold out | 0.00% | −0.28 |
| WRN Western Copper and Gold Corp. | Reduce -6.9% | 0.53% | −0.26 |
| TOTL SS Doubleline TR Tact ETF | Reduce -1.8% | 2.35% | −0.18 |
| THM Intl Tower Hill Mines Ltd. | Reduce -13.4% | 0.26% | −0.18 |
| TASEKO MINES LTD | Sold out | 0.00% | −0.10 |
| AR Antero Resources Corp. | Reduce -28.6% | 0.24% | −0.07 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -16.8% | 0.24% | −0.06 |
| PAYS Paysign Inc. | Sold out | 0.00% | −0.06 |
| STNG Scorpio Tankers Inc. | Reduce -16.3% | 0.21% | −0.02 |
| NVAX Novavax Inc. | Sold out | 0.00% | −0.01 |
| PPC Pilgrim's Pride Corp. | Reduce -9.6% | 0.32% | −0.01 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.01 |
| BRFS BRF SA-ADR | Reduce -12.5% | 0.42% | +0.02 |
| LINC Lincoln Educational Services | Reduce -0.3% | 8.25% | +0.69 |
Portfolio Buys Q1 2024 → Q2 2024
| RELY Remitly Global Inc. | New | 2.75% | +2.75 |
| VAL Valaris Ltd. | Add +123.3% | 5.20% | +2.73 |
| BOXX Alpha Architect 1-3 MNTH Box | New | 2.69% | +2.69 |
| MOS The Mosaic Co. | Add +1318.7% | 2.84% | +2.60 |
| VALE Vale SA-SP ADR | New | 2.45% | +2.45 |
| NE Noble Corp. PLC | New | 2.05% | +2.05 |
| SIVR Abrdn Physical Silver Shares | New | 1.29% | +1.29 |
| NGD New Gold Inc. | Add +40.4% | 3.01% | +1.05 |
| MYO Myomo Inc. | Add +72.9% | 2.70% | +1.03 |
| SMHI Seacor Marine Holdings Inc. | New | 0.99% | +0.99 |
| EQX Equinox Gold Corp. | Add +62.6% | 3.60% | +0.93 |
| MAA Mid-America Apartment Comm | New | 0.80% | +0.80 |
| CPT Camden Property Trust | New | 0.79% | +0.79 |
| DOC Healthpeak Properties Inc. | Add +326.2% | 0.99% | +0.76 |
| ARE Alexandria Real Estate Equit | New | 0.73% | +0.73 |
| AGRO Adecoagro SA | Add +30.3% | 7.63% | +0.67 |
| CSANY Cosan SA -ADR | New | 0.65% | +0.65 |
| MLP Maui Land & Pineapple Co. | Add +25.4% | 3.43% | +0.61 |
| PPTA Perpetua Resources Corp. | Add +5.8% | 2.23% | +0.46 |
| CVE Cenovus Energy Inc. | New | 0.29% | +0.29 |
| CRESY Cresud S.A.-Spons ADR | New | 0.24% | +0.24 |
| GENK Gen Restaurant Group Inc. | New | 0.22% | +0.22 |
| MSOS Advisorshares Pure US Cann | New | 0.16% | +0.16 |
| NEM Newmont Corp. | New | 0.12% | +0.12 |
| TRMD Torm PLC-A | New | 0.11% | +0.11 |
| LGO Largo Inc. | New | 0.11% | +0.11 |
| INMD Inmode Ltd. | New | 0.08% | +0.08 |
| NAK Northern Dynasty Minerals | Add +10.7% | 0.95% | +0.02 |
Options Activity Q1 2024 → Q2 2024
| SMH Vaneck Semiconductor ETF | put | Add +80.6% | 1,699,400 | $443.0M |
| AAPL Apple Inc. | put | Add +1.2% | 1,924,700 | $405.4M |
| CMG Chipotle Mexican Grill Inc. | put | Add +397.8% | 2,240,000 | $140.3M |
| SLV iShares Silver Trust | call | Reduce -74.6% | 2,098,000 | $55.7M |
| XLY SS Consumer Disc Select Sect | put | Add +400.0% | 250,000 | $45.6M |
| DECK Deckers Outdoor Corp. | put | Add +340.0% | 35,200 | $34.1M |
| GDX Vaneck Gold Miners ETF | put | New | 600,000 | $20.4M |
| GDX Vaneck Gold Miners ETF | call | Reduce -86.9% | 401,000 | $13.6M |
| GLD SPDR Gold Shares | call | Sold out | 459,800 | $6.1Mbefore exit |
| GDXJ Vaneck Junior Gold Miners | call | Reduce -82.3% | 105,000 | $4.4M |
| XLK SS Technology Select Sector | put | Sold out | 1,504,200 | $3.4Mbefore exit |
| IWM iShares Russell 2000 ETF | put | Sold out | 1,096,300 | $2.4Mbefore exit |
| ANF Abercrombie & Fitch Co. Class A | put | Sold out | 110,000 | $636Kbefore exit |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | put | Sold out | 265,000 | $541Kbefore exit |
| TLT iShares 20+ Year Treasury BD | put | Sold out | 326,800 | $409Kbefore exit |
| NFLX Netflix Inc. | put | Sold out | 30,000 | $381Kbefore exit |
| SIG Signet Jewelers Ltd. | put | Sold out | 100,000 | $345Kbefore exit |
| IVW iShares S&P 500 Growth ETF | put | Sold out | 254,900 | $321Kbefore exit |
| WSM Williams-Sonoma Inc. | put | Sold out | 15,000 | $211Kbefore exit |
| DKS Dick's Sporting Goods Inc. | put | Sold out | 20,000 | $157Kbefore exit |
| XLC SS Comm Select Sector SPDR | put | Sold out | 65,000 | $73Kbefore exit |
| AMZN Amazon.com Inc. | put | Sold out | 20,000 | $58Kbefore exit |
| WGO Winnebago Industries | put | Sold out | 13,600 | $24Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.