In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), MBB Public Markets I LLC reported 58 stock positions worth $843.9 million . Its top holding was Teck Resources Ltd.-CLS B (TECK) at 8.4% of the portfolio, followed by Progressive (PGR, 6.8% ) and Coterra Energy (CTRA, 5.9% ). Compared with Q3 2024, it opened 3 new positions, sold out of 479, added to 19 and reduced 23. The biggest buy was Progressive (PGR, shares +16616% ) and the biggest sale Teck Resources Ltd.-CLS B (TECK, shares −40% ).
Location CHICAGO, IL
CIK 0001892378
Portfolio Value $843.9M (Q4 2024) Holdings 58 stocks · $843.9M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2024 TECK Teck Resources Ltd.-CLS B 1,750,239 $70.9M Reduce -39.5% PGR Progressive Corp. 240,706 $57.7M Add +16615.7% CTRA Coterra Energy Inc. 1,963,650 $50.2M Reduce -9.1% DFAT Dimensional US Target Value 774,000 $43.1M Add +0.7% BG Bunge Global SA 478,818 $37.2M Add +3.5% CCJ Cameco Corp. 722,542 $37.1M Reduce -34.6% EQT Eqt Corp. 795,542 $36.7M Reduce -20.1% UNH Unitedhealth Group Inc. 66,094 $33.4M Add +35.0% FCX Freeport-McMoran Inc. 798,571 $30.4M Add +4.8% SPSM SS SPDR P S&P 600 Small Cap 669,598 $30.1M Reduce -46.0% SPMD SS SPDR P S&P 400 Midcap ETF 532,381 $29.1M Add +8594.8% RSP Invesco S&P 500 Equal Weight 143,446 $25.1M Reduce -29.9% AMGN Amgen Inc. 91,610 $23.9M Add +131.2% AMZN Amazon.com Inc. 104,872 $23.0M Add +104.0% AVGO Broadcom Inc. 97,891 $22.7M Reduce -9.1% VICI Vici Properties Inc. filed as VICI PPTYS INC 761,244 $22.2M Reduce -8.5% EWZ iShares MSCI Brazil ETF 966,105 $21.7M Add +10.4% GOOGL Alphabet Inc. Class A 112,258 $21.3M Add +192.1% EWJ iShares MSCI Japan ETF 285,482 $19.2M Add +167.5% HBM Hudbay Minerals Inc. 2,352,334 $19.1M Add +46.5% INDA iShares MSCI India ETF 353,724 $18.6M Add +133.4% MU Micron Technology Inc. 218,336 $18.4M Reduce -31.6% META Meta Platforms Inc. Class A 28,000 $16.4M Reduce -25.4% IBN Icici Bank Ltd.-Spon ADR 467,075 $13.9M Add +36.3% ASML ASML Holding NV-NY Reg SHS 18,675 $12.9M Add +161.0% SLB SLB Ltd. filed as SCHLUMBERGER LTD 285,821 $11.0M Reduce -15.1% CEG Constellation Energy 48,967 $11.0M Reduce -6.4% VRT Vertiv Holdings Co. Class A 95,000 $10.8M Reduce -7.8% DFIV Dimensional International Va 240,000 $8.5M Reduce -0.1% FSLR First Solar Inc. 43,439 $7.7M Add +87.3% DIS The Walt Disney Co. filed as DISNEY WALT CO 67,700 $7.5M Reduce -25.4% SCJ iShares MSCI Japan Small-Cap 81,324 $5.9M Add +39.2% PWR Quanta Services Inc. 18,001 $5.7M Reduce -36.7% JPM JPMorgan Chase & Co. 23,131 $5.5M Reduce -44.3% EWY iShares MSCI South Korea ETF 102,169 $5.2M Reduce -51.5% ARE Alexandria Real Estate Equit 52,630 $5.1M Reduce -67.5% VST Vistra Corp. 36,898 $5.1M Reduce -28.9% NVT Nvent Electric PLC 52,000 $3.5M Add +8.4% MSFT Microsoft Corp. 7,086 $3.0M Add +1024.8% GEV GE Vernova Inc. 7,000 $2.3M Reduce -36.5% KYTX Kyverna Therapeutics Inc. 614,477 $2.3M No change PRIM Primoris Services Corp. 28,803 $2.2M No change AMD Advanced Micro Devices 16,698 $2.0M Reduce -47.9% BAK Braskem SA Class A- ADR 359,607 $1.4M Reduce -73.3% EWZS iShares MSCI Brazil Small-Ca 138,915 $1.3M New GEO The Geo Group Inc. 10,629 $297K No change HCI Hci Group Inc. 2,550 $297K No change AGX Argan Inc. 2,073 $284K No change FTDR Frontdoor Inc. 3,925 $215K New ICUI Icu Medical Inc. 1,353 $210K No change VICR Vicor Corp. 4,164 $201K New VMD Viemed Healthcare Inc. 19,881 $159K No change VYX NCR Voyix Corp. 10,775 $149K No change HLMN Hillman Solutions Corp. 15,044 $147K No change GTX Garrett Motion Inc. 15,227 $138K No change AHCO Adapthealth Corp. 14,220 $135K No change DNOW Dnow Inc. 10,087 $131K No change ECVT Ecovyst Inc. 14,871 $114K No change
Options reported separately and not counted above: SPY calls ($90.8M), UNH calls ($19.7M), GOOGL calls ($18.9M), EWZ calls ($18.3M), AVGO calls ($14.0M), RSP calls ($12.6M), MU calls ($10.6M), FCX calls ($9.6M), AMZN calls ($6.6M), TECK calls ($4.7M), AMGN calls ($4.3M), CCJ calls ($4.0M), and 14 more.
Portfolio Sells Q3 2024 → Q4 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▲ TECK Teck Resources Ltd.-CLS B Reduce -39.5% 8.41% −4.43 XLV SS Health Care Select Sector Sold out 0.00% −3.23 HUM Humana Inc. Sold out 0.00% −1.94 XBI SS SPDR S&P Biotech ETF Sold out 0.00% −1.75 SPSM SS SPDR P S&P 600 Small Cap Reduce -46.0% 3.56% −1.22 AMAT Applied Materials Inc. Sold out 0.00% −1.09 ARE Alexandria Real Estate Equit Reduce -67.5% 0.61% −1.02 BAK Braskem SA Class A- ADR Reduce -73.3% 0.16% −0.67 MU Micron Technology Inc. Reduce -31.6% 2.18% −0.63 CF CF Industries Holdings Inc. Sold out 0.00% −0.55 EWY iShares MSCI South Korea ETF Reduce -51.5% 0.62% −0.53 DLTR Dollar Tree Inc. Sold out 0.00% −0.39 XLE SS Energy Select Sector Sold out 0.00% −0.39 WMS Advanced Drainage Systems Inc. Sold out 0.00% −0.37 MKSI MKS Inc. Sold out 0.00% −0.29 DELL Dell Technologies -C Sold out 0.00% −0.29 AMKR Amkor Technology Inc. Sold out 0.00% −0.23 INTC Intel Corp. Sold out 0.00% −0.23 AMD Advanced Micro Devices Reduce -47.9% 0.24% −0.21 BLDR Builders Firstsource Inc. Sold out 0.00% −0.20 BAC Bank of America Corp. Sold out 0.00% −0.19 XEL Xcel Energy Inc. Sold out 0.00% −0.17 LRCX Lam Research Corp. Sold out 0.00% −0.16 RSP Invesco S&P 500 Equal Weight Reduce -29.9% 2.98% −0.13 JPM JPMorgan Chase & Co. Reduce -44.3% 0.66% −0.09 CCJ Cameco Corp. Reduce -34.6% 4.40% −0.08 MRVL Marvell Technology Inc. Sold out 0.00% −0.06 PWR Quanta Services Inc. Reduce -36.7% 0.67% −0.05 CBRE CBRE Group Inc. Class A Sold out 0.00% −0.04 TSLA Tesla Inc. Sold out 0.00% −0.04 MHK Mohawk Industries Inc. Sold out 0.00% −0.04 K Kellanova Sold out 0.00% −0.04 GL Globe Life Inc. Sold out 0.00% −0.03 PH Parker Hannifin Corp. Sold out 0.00% −0.03 AXON Axon Enterprise Inc. Sold out 0.00% −0.03 IRM Iron Mountain Inc. Sold out 0.00% −0.03 DHI D.R. Horton Inc. Sold out 0.00% −0.03 MMM 3M Co. Sold out 0.00% −0.03 PSA Public Storage Sold out 0.00% −0.03 CHRW C.H. Robinson Worldwide Inc. Sold out 0.00% −0.03 SWK Stanley Black & Decker Inc. Sold out 0.00% −0.03 TDG Transdigm Group Inc. Sold out 0.00% −0.03 BXP BXP Inc. Sold out 0.00% −0.03 NEM Newmont Corp. Sold out 0.00% −0.03 NOC Northrop Grumman Corp. Sold out 0.00% −0.03 BKNG Booking Holdings Inc. Sold out 0.00% −0.03 PYPL PayPal Holdings Inc. Sold out 0.00% −0.03 IBM Intl Business Machines Corp. Sold out 0.00% −0.03 SHW The Sherwin-Williams Co. Sold out 0.00% −0.03 FTNT Fortinet Inc. Sold out 0.00% −0.03
Portfolio Buys Q3 2024 → Q4 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▼ PGR Progressive Corp. Add +16615.7% 6.83% +6.80 SPMD SS SPDR P S&P 400 Midcap ETF Add +8594.8% 3.45% +3.42 GOOGL Alphabet Inc. Class A Add +192.1% 2.52% +1.98 AMZN Amazon.com Inc. Add +104.0% 2.73% +1.91 AMGN Amgen Inc. Add +131.2% 2.83% +1.75 EWJ iShares MSCI Japan ETF Add +167.5% 2.27% +1.62 UNH Unitedhealth Group Inc. Add +35.0% 3.96% +1.53 DFAT Dimensional US Target Value Add +0.7% 5.11% +1.48 INDA iShares MSCI India ETF Add +133.4% 2.21% +1.45 ASML ASML Holding NV-NY Reg SHS Add +161.0% 1.53% +1.03 HBM Hudbay Minerals Inc. Add +46.5% 2.26% +1.01 IBN Icici Bank Ltd.-Spon ADR Add +36.3% 1.65% +0.78 BG Bunge Global SA Add +3.5% 4.41% +0.62 FSLR First Solar Inc. Add +87.3% 0.91% +0.42 EWZ iShares MSCI Brazil ETF Add +10.4% 2.58% +0.39 FCX Freeport-McMoran Inc. Add +4.8% 3.60% +0.38 MSFT Microsoft Corp. Add +1024.8% 0.35% +0.33 SCJ iShares MSCI Japan Small-Cap Add +39.2% 0.70% +0.31 EWZS iShares MSCI Brazil Small-Ca New 0.15% +0.15 NVT Nvent Electric PLC Add +8.4% 0.42% +0.13 FTDR Frontdoor Inc. New 0.03% +0.03 VICR Vicor Corp. New 0.02% +0.02
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US call New 155,000 $90.8M EQT Eqt Corp. call Sold out 995,640 $36.5Mbefore exit UNH Unitedhealth Group Inc. call Reduce -20.3% 39,000 $19.7M GOOGL Alphabet Inc. Class A call Add +160.2% 100,000 $18.9M EWZ iShares MSCI Brazil ETF call Reduce -7.0% 813,700 $18.3M AVGO Broadcom Inc. call Reduce -43.7% 60,600 $14.0M CEG Constellation Energy call Sold out 52,317 $13.6Mbefore exit AMAT Applied Materials Inc. call Sold out 63,584 $12.8Mbefore exit RSP Invesco S&P 500 Equal Weight call Reduce -64.8% 72,100 $12.6M MU Micron Technology Inc. call Reduce -60.6% 125,800 $10.6M FCX Freeport-McMoran Inc. call Reduce -66.8% 253,300 $9.6M AMZN Amazon.com Inc. call Reduce -41.4% 30,100 $6.6M CF CF Industries Holdings Inc. call Sold out 74,896 $6.4Mbefore exit TECK Teck Resources Ltd.-CLS B call Reduce -96.0% 115,200 $4.7M XLE SS Energy Select Sector call Sold out 52,251 $4.6Mbefore exit AMGN Amgen Inc. call New 16,500 $4.3M CCJ Cameco Corp. call Reduce -92.9% 78,300 $4.0M FSLR First Solar Inc. call Reduce -9.1% 21,100 $3.7M BLDR Builders Firstsource Inc. call Sold out 11,980 $2.3Mbefore exit CTRA Coterra Energy Inc. call Reduce -96.2% 81,300 $2.1M BX Blackstone Inc. put Add +344.4% 10,800 $1.9M LRCX Lam Research Corp. call Sold out 22,700 $1.9Mbefore exit ASML ASML Holding NV-NY Reg SHS call New 2,500 $1.7M ASHR Xtrackers Harvest Csi 300 CH call New 60,000 $1.6M BG Bunge Global SA call Reduce -95.7% 20,000 $1.6M SLB SLB Ltd. call Reduce -88.1% 40,000 $1.5M KWEB Kranesh Csi China Internet call New 40,000 $1.2M AMD Advanced Micro Devices call Reduce -73.8% 8,400 $1.0M DLTR Dollar Tree Inc. call Reduce -79.7% 13,300 $997K FXI iShares China Large-Cap ETF call New 30,000 $913K TSLA Tesla Inc. put New 1,000 $404K INTC Intel Corp. call Reduce -82.5% 20,000 $401K NVDA Nvidia Corp. put Sold out 2,250 $273Kbefore exit EWY iShares MSCI South Korea ETF call New 200 $10K
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 25 $925.7M PGR, AER, AMZN, FERG, MDLN Q1 2026 24 $835.2M PGR, AER, AMZN, FERG, MDLN Q4 2025 27 $957.2M PGR, AER, AMZN, FERG, MDLN Q3 2025 36 $750.7M PGR, AER, AMZN, FERG, VEA Q2 2025 497 $868.8M PGR, AER, FERG, AMZN, VEA Q1 2025 Amended 523 $867.8M PGR, AER, SPMD, UNH, AMZN Q4 2024 58 $843.9M TECK, PGR, CTRA, DFAT, BG Q3 2024 534 $1.2B TECK, SPSM, CCJ, CTRA, BG Q2 2024 671 $4.8B MSFT, AAPL, NVDA, RSP, AMZN Q1 2024 268 $1.6B RSP, TECK, XLV, BG, EWZ