Meixler Investment Management, Ltd.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 3, 2026), Meixler Investment Management, Ltd. reported 88 stock positions worth $181.1 million. Its top holding was Sprott Physical Gold Trust (PHYS) at 9.1% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 7.9%) and Natural Resource Partners (NRP, 5.2%). Compared with Q1 2026, it opened 7 new positions, sold out of 7, added to 32 and reduced 46. The biggest buy was Esab (ESAB, shares +83%) and the biggest sale Suncor Energy (SU, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- SHOW LOW, AZ
- CIK
- 0001911615
- Portfolio Value
- $181.1M (Q2 2026)
- SEC Filing
- 0001911615-26-000003 ↗ filed Aug 3, 2026
Holdings Value
Holdings 88 stocks · $181.1M
| PHYS Sprott Physical Gold Trust | 9.07% | 544,154 | $16.4M | Reduce -0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 7.90% | 28,572 | $14.3M | Reduce -0.3% |
| NRP Natural Resource Partners LP | 5.23% | 97,591 | $9.5M | Add +4.7% |
| DMLP Dorchester Minerals LP | 5.15% | 369,041 | $9.3M | Reduce -4.1% |
| EXP Eagle Materials Inc. | 3.74% | 30,095 | $6.8M | Add +4.6% |
| EPD Enterprise Products Partners | 3.50% | 172,400 | $6.3M | Add +10.6% |
| SU Suncor Energy Inc. | 3.39% | 114,464 | $6.1M | Reduce -15.2% |
| OKE Oneok Inc. | 2.82% | 58,807 | $5.1M | Add +10.4% |
| RGLD Royal Gold Inc. | 2.45% | 22,238 | $4.4M | Add +30.7% |
| ESAB Esab Corp. | 2.41% | 44,260 | $4.4M | Add +83.1% |
| TYG Tortoise Energy Infrastruct | 2.29% | 96,803 | $4.1M | Reduce -6.9% |
| LMT Lockheed Martin Corp. | 2.22% | 7,877 | $4.0M | Add +29.0% |
| CNQ Canadian Natural Resources | 2.19% | 100,231 | $4.0M | Reduce -13.8% |
| MLPA Global X MLP ETF | 1.85% | 63,228 | $3.4M | Add +25.7% |
| KMI Kinder Morgan Inc. | 1.79% | 101,125 | $3.2M | Add +2.7% |
| FNV Franco-Nevada Corp. | 1.77% | 15,342 | $3.2M | Reduce -0.5% |
| KNF Knife River Corp. | 1.67% | 36,077 | $3.0M | Add +3.3% |
| WPC WP Carey Inc. | 1.61% | 40,804 | $2.9M | Reduce -0.4% |
| CP Canadian Pacific Kansas City | 1.58% | 32,952 | $2.9M | Add +6.7% |
| OUNZ Vaneck Merk Gold ETF | 1.57% | 73,739 | $2.8M | Add +1.9% |
| HON Honeywell International Inc. | 1.50% | 12,118 | $2.7M | Add +9.3% |
| HONA Honeywell Aerospace Inc. | 1.47% | 12,079 | $2.7M | Add +9.0% |
| SKYH SKY Harbour Group Corp. | 1.47% | 270,403 | $2.7M | Reduce -0.5% |
| TGS Transportador Gas-ADR SP B | 1.44% | 87,569 | $2.6M | Add +43.1% |
| REXR Rexford Industrial Realty Inc. | 1.24% | 66,849 | $2.2M | Add +84.4% |
| MUSA Murphy USA Inc. | 1.20% | 4,029 | $2.2M | Reduce -12.2% |
| MDV Modiv Industrial Inc. | 1.16% | 121,162 | $2.1M | Reduce -29.3% |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 0.98% | 70,912 | $1.8M | Add +0.5% |
| ET Energy Transfer LP | 0.96% | 90,475 | $1.7M | Add +4.1% |
| PAG Penske Automotive Group Inc. | 0.92% | 9,357 | $1.7M | Add +1.1% |
| GRID First TRST Nasd Class Edg Sgiif | 0.88% | 8,302 | $1.6M | Reduce -5.0% |
| OR Or Royalties Inc. | 0.83% | 47,415 | $1.5M | Reduce -3.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.83% | 2 | $1.5M | No change |
| QCOM Qualcomm Inc. | 0.82% | 8,019 | $1.5M | Reduce -31.0% |
| ENB Enbridge Inc. | 0.81% | 27,098 | $1.5M | Reduce -6.9% |
| LOW Lowe's Cos Inc. | 0.80% | 6,572 | $1.4M | Reduce -3.4% |
| SOLS Solstice Adv Materials Inc. | 0.78% | 15,896 | $1.4M | Add +3.6% |
| XAR SS SPDR S&P Aerospace Def | 0.77% | 4,916 | $1.4M | Reduce -0.8% |
| BOC Boston Omaha Corp. Class A | 0.72% | 95,895 | $1.3M | Reduce -5.8% |
| LECO Lincoln Electric Holdings | 0.70% | 4,793 | $1.3M | Add +15.5% |
| CAAP Corp. America Airports SA filed as CORPORACION AMER ARPTS S A | 0.70% | 50,184 | $1.3M | Reduce -0.1% |
| HD Home Depot Inc. | 0.62% | 3,178 | $1.1M | Reduce -0.3% |
| FERG Ferguson Enterprises Inc. | 0.61% | 4,660 | $1.1M | Add +41.2% |
| DIN Dine Brands Global Inc. | 0.60% | 30,106 | $1.1M | Reduce -5.1% |
| LEGH Legacy Housing Corp. | 0.60% | 41,115 | $1.1M | Reduce -42.0% |
| GOOGL Alphabet Inc. Class A | 0.55% | 2,791 | $997K | Reduce -5.3% |
| TRMB Trimble Inc. | 0.53% | 18,919 | $968K | Add +3.8% |
| WCC Wesco International Inc. | 0.53% | 2,764 | $955K | No change |
| AMRZ Amrize Ltd. | 0.49% | 16,496 | $879K | Reduce -0.6% |
| VAL Valaris Ltd. | 0.48% | 11,857 | $861K | Reduce -17.0% |
| JOE The St Joe Co. | 0.47% | 13,655 | $855K | Reduce -4.7% |
| PRSU Pursuit Attractions and Hosp | 0.46% | 14,777 | $827K | Reduce -6.0% |
| FVR Frontview REIT Inc. | 0.45% | 40,397 | $817K | Add +15.6% |
| VOXR Vox Royalty Corp. | 0.43% | 166,133 | $786K | Reduce -1.2% |
| CR Crane Co. | 0.43% | 3,509 | $783K | New |
| LAMR Lamar Advertising Co. Class A | 0.42% | 4,859 | $758K | Reduce -22.6% |
| AN Autonation Inc. | 0.37% | 3,592 | $667K | New |
| MELI MercadoLibre Inc. | 0.36% | 384 | $652K | Add +3.5% |
| NPK National Presto Inds Inc. | 0.36% | 5,187 | $648K | Add +51.1% |
| WPM Wheaton Precious Metals Corp. | 0.35% | 5,574 | $626K | Reduce -1.5% |
| OC Owens Corning | 0.34% | 3,869 | $615K | Add +6.8% |
| OMAB Grupo Aeroportuario Cen-ADR | 0.34% | 5,438 | $615K | Reduce -0.9% |
| ALTG Alta Equipment Group Inc. | 0.33% | 92,742 | $600K | Reduce -0.3% |
| IMO Imperial Oil Ltd. | 0.33% | 5,263 | $590K | Reduce -25.4% |
| CRESY Cresud S.A.-Spons ADR | 0.32% | 52,278 | $586K | Add +0.5% |
| TRP TC Energy Corp. | 0.30% | 8,284 | $549K | Reduce -4.2% |
| AEM Agnico Eagle Mines Ltd. | 0.28% | 3,303 | $512K | Reduce -12.6% |
| GOOG Alphabet Inc. Class C | 0.28% | 1,415 | $500K | Reduce -3.1% |
| TFPM Triple Flag Precious Met | 0.27% | 16,019 | $480K | Reduce -2.1% |
| ATKR Atkore Inc. | 0.25% | 5,947 | $452K | Add +0.1% |
| AAPL Apple Inc. | 0.23% | 1,463 | $423K | Reduce -3.4% |
| NEM Newmont Corp. | 0.23% | 4,377 | $409K | Reduce -24.1% |
| SII Sprott Inc. | 0.21% | 3,353 | $377K | Reduce -7.8% |
| UMH Umh Properties Inc. filed as UMH PPTYS INC | 0.19% | 23,200 | $351K | Add +1.1% |
| PSX Phillips 66 | 0.18% | 1,936 | $327K | Reduce -3.5% |
| PSLV Sprott Physical Silver Trust | 0.18% | 17,070 | $322K | Add +0.6% |
| HGTY Hagerty Inc. Class A | 0.17% | 25,525 | $304K | Reduce -2.8% |
| VLTO Veralto Corp. | 0.17% | 3,409 | $302K | Reduce -3.5% |
| L Loews Corp. | 0.15% | 2,334 | $264K | New |
| TXT Textron Inc. | 0.14% | 2,712 | $249K | New |
| ALNT Allient Inc. | 0.13% | 2,219 | $228K | New |
| BAC Bank of America Corp. | 0.12% | 3,900 | $222K | New |
| CVX Chevron Corp. | 0.12% | 1,318 | $218K | Add +2.2% |
| AIG American International Group | 0.11% | 2,787 | $208K | Reduce -32.7% |
| SHW The Sherwin-Williams Co. | 0.11% | 587 | $202K | New |
| SSNC Ss&c Technologies Holdings | 0.11% | 3,233 | $201K | Reduce -6.7% |
| HE Hawaiian Electric Inds | 0.09% | 11,600 | $157K | No change |
| SJT San Juan Basin Royalty TR | 0.08% | 44,600 | $143K | Reduce -17.3% |
Options reported separately and not counted above: NEM calls ($19K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $5K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SKYH.WS Yellowstone Acquisit A -CW25 | *W EXP 01/25/202 | 11,250 | $5K | Reduce -38.4% |
Total filed on the 13F, all lines: $181.1M.
Portfolio Sells Q1 2026 → Q2 2026
| SU Suncor Energy Inc. | Reduce -15.2% | 3.39% | −1.39 |
| PHYS Sprott Physical Gold Trust | Reduce -0.8% | 9.07% | −1.39 |
| CNQ Canadian Natural Resources | Reduce -13.8% | 2.19% | −0.79 |
| DMLP Dorchester Minerals LP | Reduce -4.1% | 5.15% | −0.65 |
| SNX TD Synnex Corp. | Sold out | 0.00% | −0.38 |
| FNV Franco-Nevada Corp. | Reduce -0.5% | 1.77% | −0.37 |
| TYG Tortoise Energy Infrastruct | Reduce -6.9% | 2.29% | −0.31 |
| VAL Valaris Ltd. | Reduce -17.0% | 0.48% | −0.28 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.26 |
| OR Or Royalties Inc. | Reduce -3.3% | 0.83% | −0.23 |
| MDV Modiv Industrial Inc. | Reduce -29.3% | 1.16% | −0.20 |
| LEGH Legacy Housing Corp. | Reduce -42.0% | 0.60% | −0.19 |
| BTU Peabody Energy Corp. | Sold out | 0.00% | −0.17 |
| IMO Imperial Oil Ltd. | Reduce -25.4% | 0.33% | −0.17 |
| AEM Agnico Eagle Mines Ltd. | Reduce -12.6% | 0.28% | −0.14 |
| NEM Newmont Corp. | Reduce -24.1% | 0.23% | −0.13 |
| HCC Warrior Met Coal Inc. | Sold out | 0.00% | −0.13 |
| ARW Arrow Electronics Inc. | Sold out | 0.00% | −0.11 |
| NE Noble Corp. PLC | Sold out | 0.00% | −0.11 |
| CE Celanese Corp. | Sold out | 0.00% | −0.11 |
| SII Sprott Inc. | Reduce -7.8% | 0.21% | −0.07 |
| WPM Wheaton Precious Metals Corp. | Reduce -1.5% | 0.35% | −0.07 |
| SJT San Juan Basin Royalty TR | Reduce -17.3% | 0.08% | −0.06 |
| AIG American International Group | Reduce -32.7% | 0.11% | −0.05 |
| TFPM Triple Flag Precious Met | Reduce -2.1% | 0.27% | −0.05 |
| LOW Lowe's Cos Inc. | Reduce -3.4% | 0.80% | −0.05 |
| VOXR Vox Royalty Corp. | Reduce -1.2% | 0.43% | −0.04 |
| MUSA Murphy USA Inc. | Reduce -12.2% | 1.20% | −0.04 |
| ENB Enbridge Inc. | Reduce -6.9% | 0.81% | −0.04 |
| JOE The St Joe Co. | Reduce -4.7% | 0.47% | −0.03 |
| SSNC Ss&c Technologies Holdings | Reduce -6.7% | 0.11% | −0.02 |
| LAMR Lamar Advertising Co. Class A | Reduce -22.6% | 0.42% | −0.01 |
| PSX Phillips 66 | Reduce -3.5% | 0.18% | −0.01 |
| OMAB Grupo Aeroportuario Cen-ADR | Reduce -0.9% | 0.34% | −0.01 |
| VLTO Veralto Corp. | Reduce -3.5% | 0.17% | −0.00 |
| AMRZ Amrize Ltd. | Reduce -0.6% | 0.49% | +0.00 |
| CAAP Corp. America Airports SA | Reduce -0.1% | 0.70% | +0.00 |
| TRP TC Energy Corp. | Reduce -4.2% | 0.30% | +0.01 |
| SKYH SKY Harbour Group Corp. | Reduce -0.5% | 1.47% | +0.01 |
| HGTY Hagerty Inc. Class A | Reduce -2.8% | 0.17% | +0.01 |
| QCOM Qualcomm Inc. | Reduce -31.0% | 0.82% | +0.02 |
| AAPL Apple Inc. | Reduce -3.4% | 0.23% | +0.03 |
| GOOG Alphabet Inc. Class C | Reduce -3.1% | 0.28% | +0.04 |
| BOC Boston Omaha Corp. Class A | Reduce -5.8% | 0.72% | +0.05 |
| WPC WP Carey Inc. | Reduce -0.4% | 1.61% | +0.06 |
| HD Home Depot Inc. | Reduce -0.3% | 0.62% | +0.07 |
| ALTG Alta Equipment Group Inc. | Reduce -0.3% | 0.33% | +0.07 |
| XAR SS SPDR S&P Aerospace Def | Reduce -0.8% | 0.77% | +0.08 |
| GOOGL Alphabet Inc. Class A | Reduce -5.3% | 0.55% | +0.08 |
| GRID First TRST Nasd Class Edg Sgiif | Reduce -5.0% | 0.88% | +0.10 |
Portfolio Buys Q1 2026 → Q2 2026
| ESAB Esab Corp. | Add +83.1% | 2.41% | +1.13 |
| EXP Eagle Materials Inc. | Add +4.6% | 3.74% | +0.83 |
| REXR Rexford Industrial Realty Inc. | Add +84.4% | 1.24% | +0.59 |
| CR Crane Co. | New | 0.43% | +0.43 |
| MLPA Global X MLP ETF | Add +25.7% | 1.85% | +0.40 |
| AN Autonation Inc. | New | 0.37% | +0.37 |
| EPD Enterprise Products Partners | Add +10.6% | 3.50% | +0.35 |
| OKE Oneok Inc. | Add +10.4% | 2.82% | +0.29 |
| KNF Knife River Corp. | Add +3.3% | 1.67% | +0.28 |
| TGS Transportador Gas-ADR SP B | Add +43.1% | 1.44% | +0.27 |
| CP Canadian Pacific Kansas City | Add +6.7% | 1.58% | +0.26 |
| FERG Ferguson Enterprises Inc. | Add +41.2% | 0.61% | +0.19 |
| PAG Penske Automotive Group Inc. | Add +1.1% | 0.92% | +0.18 |
| LMT Lockheed Martin Corp. | Add +29.0% | 2.22% | +0.17 |
| FVR Frontview REIT Inc. | Add +15.6% | 0.45% | +0.16 |
| LECO Lincoln Electric Holdings | Add +15.5% | 0.70% | +0.16 |
| HONA Honeywell Aerospace Inc. | Add +9.0% | 1.47% | +0.16 |
| SOLS Solstice Adv Materials Inc. | Add +3.6% | 0.78% | +0.15 |
| L Loews Corp. | New | 0.15% | +0.15 |
| FRPH FRP Holdings Inc. | Add +0.5% | 0.98% | +0.14 |
| TXT Textron Inc. | New | 0.14% | +0.14 |
| OC Owens Corning | Add +6.8% | 0.34% | +0.13 |
| ALNT Allient Inc. | New | 0.13% | +0.13 |
| BAC Bank of America Corp. | New | 0.12% | +0.12 |
| SHW The Sherwin-Williams Co. | New | 0.11% | +0.11 |
| NPK National Presto Inds Inc. | Add +51.1% | 0.36% | +0.10 |
| ET Energy Transfer LP | Add +4.1% | 0.96% | +0.07 |
| ATKR Atkore Inc. | Add +0.1% | 0.25% | +0.05 |
| RGLD Royal Gold Inc. | Add +30.7% | 2.45% | +0.05 |
| KMI Kinder Morgan Inc. | Add +2.7% | 1.79% | +0.04 |
| MELI MercadoLibre Inc. | Add +3.5% | 0.36% | +0.02 |
| UMH Umh Properties Inc. | Add +1.1% | 0.19% | +0.01 |
| CVX Chevron Corp. | Add +2.2% | 0.12% | −0.02 |
| CRESY Cresud S.A.-Spons ADR | Add +0.5% | 0.32% | −0.03 |
| PSLV Sprott Physical Silver Trust | Add +0.6% | 0.18% | −0.04 |
| TRMB Trimble Inc. | Add +3.8% | 0.53% | −0.10 |
| OUNZ Vaneck Merk Gold ETF | Add +1.9% | 1.57% | −0.18 |
| NRP Natural Resource Partners LP | Add +4.7% | 5.23% | −0.92 |
| HON Honeywell International Inc. | Add +9.3% | 1.50% | −1.24 |
Options Activity Q1 2026 → Q2 2026
| DIN Dine Brands Global Inc. | call | Sold out | 2,000 | $51Kbefore exit |
| RGLD Royal Gold Inc. | call | Sold out | 100 | $26Kbefore exit |
| CE Celanese Corp. | call | Sold out | 400 | $26Kbefore exit |
| NEM Newmont Corp. | call | Reduce -77.8% | 200 | $19K |
| QCOM Qualcomm Inc. | call | Sold out | 100 | $13Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2026 → Q2 2026
| SKYH.WS Yellowstone Acquisit A -CW25 | *W EXP 01/25/202 | Reduce -38.4% | 11,250 | $5K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 88 | $181.1M | PHYS, BRK.B, NRP, DMLP, EXP |
| Q1 2026 | 87 | $185.8M | PHYS, BRK.B, NRP, DMLP, SU |
| Q4 2025 | 90 | $164.5M | PHYS, BRK.B, NRP, DMLP, SU |
| Q3 2025 | 99 | $163.0M | PHYS, BRK.B, DMLP, SU, NRP |
| Q2 2025 | 95 | $145.2M | PHYS, BRK.B, DMLP, SU, NRP |
| Q1 2025 | 101 | $144.3M | PHYS, BRK.B, DMLP, SU, CNQ |
| Q4 2024 | 103 | $134.9M | PHYS, DMLP, BRK.B, SU, CNQ |
| Q3 2024 | 104 | $135.5M | PHYS, BRK.B, DMLP, SU, CNQ |
| Q2 2024 | 99 | $130.0M | PHYS, DMLP, BRK.B, SU, CNQ |
| Q1 2024 | 98 | $133.2M | DMLP, PHYS, BRK.B, SU, CNQ |