RBF Capital, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), RBF Capital, LLC reported 569 stock positions worth $2.2 billion. Its top holding was Morgan Stanley (MS) at 5.9% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 4.5%) and AppLovin Class A (APP, 3.8%). Compared with Q2 2025, it opened 21 new positions, sold out of 41, added to 16 and reduced 61. The biggest buy was a new position in Masterbrand (MBC) and the biggest sale Uber Technologies (UBER, shares −22%).

Most Recent 13F
Q2 2026
Location
RENO, NV
CIK
0001134621
Portfolio Value
$2.2B (Q3 2025)
SEC Filing
0001062993-25-016789 ↗ filed Nov 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.8B Q1 2024 Q2 2024: $1.7B Q2 2024 Q3 2024: $2.0B Q3 2024 Q4 2024: $1.9B Q4 2024 Q1 2025: $1.6B Q1 2025 Q2 2025: $2.0B Q2 2025 Q3 2025: $2.2B $2.2B Q3 2025 Q4 2025: $2.2B Q4 2025 Q1 2026: $2.0B Q1 2026 Q2 2026: $2.4B Q2 2026

Holdings 569 stocks · $2.2B
MS Morgan Stanley 5.92% 810,432 $128.8M No change
SPY SS SPDR S&P 500 ETF Trust-US 4.48% 146,300 $97.5M No change
APP AppLovin Corp. Class A 3.80% 114,955 $82.6M No change
META Meta Platforms Inc. Class A 3.54% 105,000 $77.1M No change
BRK.A Berkshire Hathaway Inc. Class A 2.63% 76 $57.3M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.80% 760,000 $39.2M No change
DAC Danaos Corp. 1.73% 418,015 $37.5M No change
MA Mastercard Inc. Class A 1.71% 65,500 $37.3M No change
V Visa Inc. Class A 1.49% 95,000 $32.4M No change
HCA HCA Healthcare Inc. 1.47% 75,000 $32.0M No change
BLDR Builders Firstsource Inc. 1.44% 258,702 $31.4M No change
AAPL Apple Inc. 1.40% 120,000 $30.6M No change
FICO Fair Isaac Corp. 1.38% 20,000 $29.9M No change
GOOG Alphabet Inc. Class C 1.34% 120,000 $29.2M No change
MSFT Microsoft Corp. 1.19% 50,000 $25.9M No change
SPGI S&P Global Inc. 1.12% 50,000 $24.3M No change
MMYT Makemytrip Ltd. 0.94% 218,722 $20.5M No change
PEP Pepsico Inc. 0.93% 143,400 $20.1M Add +32.3%
UNH Unitedhealth Group Inc. 0.87% 55,000 $19.0M No change
THC Tenet Healthcare Corp. 0.87% 93,237 $18.9M No change
GS Goldman Sachs Group Inc. 0.84% 23,000 $18.3M No change
WLDN Willdan Group Inc. 0.82% 184,600 $17.8M Reduce -0.5%
ET Energy Transfer LP 0.79% 1,000,000 $17.2M No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.77% 214,574 $16.8M No change
WMT Walmart Inc. 0.74% 155,322 $16.0M No change
UTI Universal Technical Institut 0.71% 475,840 $15.5M No change
JLL Jones Lang Lasalle Inc. 0.69% 50,000 $14.9M No change
WLFC Willis Lease Finance Corp. 0.68% 107,711 $14.8M No change
UBER Uber Technologies Inc. 0.68% 178,000 $14.7M Reduce -21.9%
COF Capital One Financial Corp. 0.67% 68,916 $14.7M No change
UBS UBS Group AG-Reg 0.66% 348,859 $14.3M No change
MOD Modine Manufacturing Co. 0.65% 100,000 $14.2M No change
VIPS Vipshop Holdings Ltd. - ADR 0.65% 722,165 $14.2M No change
GBTC Grayscale Bitcoin Trust ETF 0.62% 150,000 $13.5M No change
GSL Global Ship Lease Inc. Class A 0.62% 437,463 $13.4M No change
JPM JPMorgan Chase & Co. 0.59% 41,000 $12.9M No change
WFC Wells Fargo & Co. 0.58% 150,000 $12.6M No change
OPY Oppenheimer Holdings Class A 0.56% 165,000 $12.2M No change
GOOGL Alphabet Inc. Class A 0.56% 50,000 $12.2M No change
LINC Lincoln Educational Services 0.54% 499,070 $11.7M No change
MSCI MSCI Inc. 0.52% 20,000 $11.3M No change
TPR Tapestry Inc. 0.52% 100,000 $11.3M No change
NVDA Nvidia Corp. 0.51% 60,000 $11.2M No change
STT State Street Corp. 0.51% 96,000 $11.1M No change
AVGO Broadcom Inc. 0.51% 33,730 $11.1M No change
TOL Toll Brothers Inc. 0.51% 80,500 $11.1M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.50% 100,000 $10.9M No change
ASC Ardmore Shipping Corp. 0.49% 901,880 $10.7M No change
STC Stewart Information Services 0.49% 145,540 $10.7M No change
URI United Rentals Inc. 0.48% 11,000 $10.5M No change
ENTG Entegris Inc. 0.47% 111,735 $10.3M No change
BKD Brookdale Senior Living Inc. 0.46% 1,191,385 $10.1M Reduce -4.8%
VCTR Victory Capital Holding - A 0.44% 149,063 $9.7M No change
DAL Delta Air Lines Inc. 0.44% 170,000 $9.6M No change
BGC BGC Group Inc. Class A 0.40% 928,365 $8.8M No change
MLCO Melco Resorts & Entert-ADR 0.40% 950,000 $8.7M Reduce -5.0%
OSCR Oscar Health Inc. Class A 0.39% 449,604 $8.5M No change
BCS Barclays PLC-Spons ADR 0.38% 400,000 $8.3M No change
NBIS Nebius Group NV 0.38% 73,000 $8.2M Reduce -2.7%
BKNG Booking Holdings Inc. 0.37% 1,500 $8.1M No change
AIG American International Group 0.36% 100,000 $7.9M No change
ROCK Gibraltar Industries Inc. 0.36% 123,099 $7.7M No change
UAL United Airlines Holdings Inc. 0.35% 80,000 $7.7M No change
AXP American Express Co. 0.35% 23,000 $7.6M No change
SPNT Siriuspoint Ltd. 0.35% 416,943 $7.5M No change
CTEV Claritev Corp. 0.34% 140,000 $7.4M Reduce -9.1%
CNO Cno Financial Group Inc. 0.34% 185,034 $7.3M No change
CAT Caterpillar Inc. 0.33% 15,000 $7.2M No change
BLK BlackRock Inc. 0.32% 6,000 $7.0M No change
ETHE Grayscale Ethereum Staking E 0.32% 200,001 $6.9M No change
BKR Baker Hughes Co. 0.31% 140,000 $6.8M No change
PSX Phillips 66 0.31% 50,000 $6.8M No change
PHM Pultegroup Inc. 0.30% 50,000 $6.6M No change
JEF Jefferies Financial Group Inc. 0.30% 100,000 $6.5M No change
LPG Dorian LPG Ltd. 0.30% 219,406 $6.5M No change
LYV Live Nation Entertainment Inc. 0.30% 40,000 $6.5M No change
HIPO Hippo Holdings Inc. 0.30% 180,000 $6.5M No change
CSV Carriage Services Inc. 0.29% 143,430 $6.4M No change
OPLN Openlane Inc. 0.29% 220,000 $6.3M No change
GBLI Global Indemnity Group LLC-A 0.29% 214,941 $6.2M No change
PCG P G & E Corp. 0.28% 400,000 $6.0M No change
MHO M/I Homes Inc. 0.28% 41,700 $6.0M No change
IESC Ies Holdings Inc. filed as IES HLDGS INC 0.27% 15,000 $6.0M No change
MDY State Street SPDR S&P Midcap 0.27% 10,000 $6.0M No change
USPH U.S. Physical Therapy Inc. 0.27% 69,999 $5.9M No change
AMCR Amcor PLC 0.27% 726,065 $5.9M No change
HBAN Huntington Bancshares Inc. 0.27% 339,596 $5.9M No change
MHK Mohawk Industries Inc. 0.27% 45,000 $5.8M Add +275.0%
DHC Diversified Healthcare Trust 0.26% 1,263,460 $5.6M No change
NWL Newell Brands Inc. 0.26% 1,060,000 $5.6M Reduce -40.4%
JRVR James River Group Holdings I 0.26% 1,000,000 $5.5M No change
MDLZ Mondelez International Inc. Class A 0.24% 85,000 $5.3M No change
MPAA Motorcar Parts of America Inc. 0.24% 314,021 $5.2M Reduce -41.7%
RCL Royal Caribbean Cruises Ltd. 0.24% 16,000 $5.2M No change
LEG Leggett & Platt Inc. 0.24% 579,999 $5.2M Add +3.4%
MBC Masterbrand Inc. 0.24% 390,382 $5.1M New
JBI Janus International Group Inc. 0.24% 520,000 $5.1M Reduce -11.9%
RNR Renaissancere Holdings Ltd. 0.23% 20,000 $5.1M No change
AER Aercap Holdings NV 0.22% 40,000 $4.8M No change
ONIT Onity Group Inc. 0.22% 120,656 $4.8M Reduce -6.7%
DFAI Dimensional International Co. 0.22% 130,000 $4.7M No change
KHC The Kraft Heinz Co. 0.22% 180,000 $4.7M Add +157.1%
KO The Coca-Cola Co. 0.21% 70,000 $4.6M No change
ATRO Astronics Corp. 0.21% 100,372 $4.6M No change
THR Thermon Group Holdings Inc. 0.21% 170,000 $4.5M Reduce -2.7%
DFAX Dimensional World Ex US Core 0.20% 140,000 $4.4M No change
AMZN Amazon.com Inc. 0.20% 20,000 $4.4M No change
RDN Radian Group Inc. 0.20% 120,000 $4.3M Add +20.0%
CE Celanese Corp. 0.20% 103,000 $4.3M Reduce -28.0%
DFIC Dimensional International Co. 0.20% 130,000 $4.3M No change
REAL The Realreal Inc. filed as THE REALREAL INC 0.20% 400,000 $4.3M New
CROX Crocs Inc. 0.19% 50,000 $4.2M No change
CWH Camping World Holdings Inc. Class A 0.19% 261,825 $4.1M Reduce -6.2%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.19% 120,000 $4.1M No change
BHB Bar Harbor Bankshares filed as BAR HBR BANKSHARES 0.19% 133,270 $4.1M No change
MRSH Marsh & McLennan Cos 0.19% 20,000 $4.0M No change
WGS Genedx Holdings Corp. 0.18% 37,340 $4.0M No change
PNC PNC Financial Services Group 0.18% 20,000 $4.0M No change
DINO HF Sinclair Corp. 0.18% 75,000 $3.9M Reduce -21.1%
ALLY Ally Financial Inc. 0.18% 100,000 $3.9M Reduce -16.7%
NGS Natural Gas Services Group 0.18% 140,000 $3.9M No change
VSTS Vestis Corp. 0.18% 861,242 $3.9M Reduce -5.0%
CC The Chemours Co. 0.18% 242,500 $3.8M Reduce -17.1%
WCC Wesco International Inc. 0.17% 18,000 $3.8M No change
XPO Xpo Inc. 0.17% 29,000 $3.7M No change
EBAY eBay Inc. 0.17% 40,000 $3.6M No change
ARW Arrow Electronics Inc. 0.17% 30,000 $3.6M No change
RPM RPM International Inc. 0.16% 30,000 $3.5M No change
MWA Mueller Water Products Inc. Class A 0.16% 135,855 $3.5M No change
ORCL Oracle Corp. 0.16% 12,263 $3.4M Reduce -5.9%
APO Apollo Global Management Inc. 0.15% 24,990 $3.3M No change
HE Hawaiian Electric Inds 0.15% 300,000 $3.3M No change
LOPE Grand Canyon Education Inc. 0.15% 15,000 $3.3M No change
MCHI iShares MSCI China ETF 0.15% 50,000 $3.3M No change
ADSK Autodesk Inc. 0.15% 10,000 $3.2M No change
RL Ralph Lauren Corp. 0.14% 10,000 $3.1M No change
TFII Tfi International Inc. 0.14% 35,500 $3.1M No change
BRC Brady Corporation Class A 0.14% 40,000 $3.1M No change
ESQ Esquire Financial Holdings I 0.14% 30,000 $3.1M No change
LKQ LKQ Corp. 0.14% 100,000 $3.1M No change
BUD Anheuser-Busch Inbev-SPN ADR 0.14% 50,000 $3.0M No change
TPB Turning Point Brands Inc. 0.14% 30,000 $3.0M No change
VXUS Vanguard Total Intl Stock 0.14% 40,000 $2.9M No change
FLEX Flex Ltd. 0.13% 49,741 $2.9M No change
MYE Myers Industries Inc. 0.13% 170,000 $2.9M No change
TSQ Townsquare Media Inc. Class A 0.13% 422,931 $2.8M No change
STRS Stratus Properties Inc. 0.13% 133,131 $2.8M No change
AVT Avnet Inc. 0.13% 52,400 $2.7M No change
SMID Smith-Midland Corp. 0.13% 74,200 $2.7M No change
ONL Orion Properties Inc. 0.12% 1,000,000 $2.7M No change
HOFT Hooker Furnishings Corp. 0.12% 265,298 $2.7M No change
SNFCA Security Natl Finl Corp. Class A 0.12% 309,674 $2.7M Add +5.0%
PYPL PayPal Holdings Inc. 0.12% 40,000 $2.7M No change
NDAQ Nasdaq Inc. 0.12% 30,000 $2.7M No change
JCI Johnson Controls Internation 0.12% 23,875 $2.6M No change
HI Hillenbrand Inc. 0.12% 95,020 $2.6M No change
EFX Equifax Inc. 0.12% 10,000 $2.6M No change
FLXS Flexsteel Inds 0.12% 55,000 $2.5M No change
XRAY Dentsply Sirona Inc. 0.12% 200,000 $2.5M No change
CRUS Cirrus Logic Inc. 0.12% 20,000 $2.5M No change
BMBL Bumble Inc. Class A 0.11% 404,515 $2.5M Add +1.1%
CRWD CrowdStrike Holdings Inc. Class A 0.11% 5,000 $2.5M Reduce -16.7%
LYFT LYFT Inc. Class A 0.11% 110,000 $2.4M Reduce -21.4%
DELL Dell Technologies -C 0.11% 17,000 $2.4M No change
CWK Cushman & Wakefield UK Holdc 0.11% 150,000 $2.4M No change
CNC Centene Corp. 0.11% 66,660 $2.4M No change
ANGI Angi Inc. 0.11% 146,227 $2.4M Add +306.6%
KROS Keros Therapeutics Inc. 0.11% 150,000 $2.4M No change
HBI Hanesbrands Inc. 0.11% 360,000 $2.4M Reduce -8.9%
GSM Ferroglobe PLC 0.11% 521,005 $2.4M Reduce -0.5%
AGYS Agilysys Inc. 0.11% 22,505 $2.4M No change
OXY Occidental Petroleum Corp. 0.11% 50,000 $2.4M Reduce -32.8%
EFSC Enterprise Financial Service 0.11% 40,700 $2.4M No change
CENT Central Garden & Pet Co. 0.11% 72,176 $2.4M No change
MMM 3M Co. 0.11% 15,000 $2.3M No change
PPG PPG Industries Inc. 0.11% 22,000 $2.3M No change
TBI Trueblue Inc. 0.11% 376,751 $2.3M Reduce -8.3%
VSH Vishay Intertechnology Inc. 0.11% 150,000 $2.3M No change
PBI Pitney Bowes Inc. 0.10% 200,000 $2.3M Reduce -0.5%
XOM Exxon Mobil Corp. 0.10% 20,000 $2.3M No change
AGNC AGNC Investment Corp. 0.10% 230,000 $2.3M No change
MAC The Macerich Co. 0.10% 121,700 $2.2M Reduce -11.0%
CPB The Campbell's Company 0.10% 70,000 $2.2M Reduce -26.3%
MD Pediatrix Medical Group Inc. 0.10% 130,000 $2.2M No change
SON Sonoco Products Co. 0.10% 50,000 $2.2M No change
HON Honeywell International Inc. 0.10% 10,000 $2.1M No change
JD Jd.com Inc.-ADR 0.10% 60,000 $2.1M No change
TRU Transunion 0.10% 25,000 $2.1M No change
FOA Finance of America Cos Inc. Class A 0.10% 93,000 $2.1M No change
KRUS Kura Sushi USA Inc. Class A 0.10% 35,000 $2.1M No change
INDB Independent Bank Corp. 0.10% 30,000 $2.1M No change
AYI Acuity Inc. 0.10% 6,000 $2.1M No change
CMCO Columbus McKinnon Corp. 0.09% 143,200 $2.1M Add +4.4%
UHS Universal Health Services-B 0.09% 10,000 $2.0M No change
BBSI Barrett Business SVCS Inc. 0.09% 45,773 $2.0M No change
HZO Marinemax Inc. 0.09% 80,000 $2.0M No change
KR Kroger Co. 0.09% 30,000 $2.0M No change
QFIN Qfin Holdings Inc.-ADR 0.09% 69,650 $2.0M No change
GTLS Chart Industries Inc. 0.09% 10,000 $2.0M No change
UGI Ugi Corp. 0.09% 60,000 $2.0M No change
SCS Steelcase Inc. Class A 0.09% 115,000 $2.0M No change
HPE Hewlett Packard Enterprise 0.09% 80,000 $2.0M New
NBR Nabors Industries Ltd. 0.09% 48,053 $2.0M No change
CMG Chipotle Mexican Grill Inc. 0.09% 50,000 $2.0M No change
VST Vistra Corp. 0.09% 10,000 $2.0M No change
NMRK Newmark Group Inc. Class A 0.09% 105,000 $2.0M No change
CDLX Cardlytics Inc. 0.09% 800,103 $1.9M Reduce -3.5%
HUBB Hubbell Inc. 0.09% 4,500 $1.9M No change
CSGS CSG Systems Intl Inc. 0.09% 30,032 $1.9M No change
AMT American Tower Corp. 0.09% 10,000 $1.9M No change
KFY Korn Ferry 0.09% 27,327 $1.9M No change
HAFC Hanmi Financial Corporation 0.09% 75,000 $1.9M No change
OSW Onespaworld Holdings Ltd. 0.08% 85,000 $1.8M No change
CDW CDW Corp. 0.08% 11,225 $1.8M Reduce -30.8%
UL Unilever PLC 0.08% 30,000 $1.8M No change
SCHW Schwab (charles) Corp. 0.08% 18,500 $1.8M No change
BKE The Buckle Inc. 0.08% 30,000 $1.8M No change
EG Everest Group Ltd. 0.08% 5,000 $1.8M No change
CENTA Central Garden and Pet Co. Class A 0.08% 58,999 $1.7M No change
ADT Adt Inc. 0.08% 200,000 $1.7M No change
WTW Willis Towers Watson PLC 0.08% 5,000 $1.7M No change
SCI Service Corp. International 0.08% 20,000 $1.7M No change
THE REALREAL INC (REAL 1 03/01/28) 0.08% 1,875,000 $1.7M No change
SBLK Star Bulk Carriers Corp. 0.08% 88,900 $1.7M No change
ESI Element Solutions Inc. 0.08% 65,000 $1.6M No change
AGX Argan Inc. 0.07% 6,000 $1.6M No change
BZH Beazer Homes USA Inc. 0.07% 65,000 $1.6M Reduce -53.6%
WMB Williams Cos Inc. 0.07% 25,000 $1.6M No change
AMPY Amplify Energy Corp. 0.07% 300,000 $1.6M No change
GRMN Garmin Ltd. 0.07% 6,362 $1.6M No change
LCUT Lifetime Brands Inc. 0.07% 402,652 $1.6M No change
LYEL Lyell Immunopharma Inc. 0.07% 95,631 $1.6M Reduce -4.4%
CWCO Consolidated Water Co.-Ord SH 0.07% 44,017 $1.6M No change
FAF First American Financial 0.07% 24,000 $1.5M No change
ULBI Ultralife Corp. 0.07% 225,000 $1.5M No change
FSP Franklin Street Properties C 0.07% 958,456 $1.5M No change
AGO Assured Guaranty Ltd. 0.07% 18,000 $1.5M No change
PBR Petroleo Brasileiro-Spon ADR 0.07% 120,000 $1.5M No change
BTC Grayscale Bitcoin Mini ETF 0.07% 30,000 $1.5M No change
REZI Resideo Technologies Inc. 0.07% 35,000 $1.5M Reduce -30.0%
CVS CVS Health Corp. 0.07% 20,000 $1.5M No change
PRDO Perdoceo Education Corp. 0.07% 40,000 $1.5M No change
SLGN Silgan Holdings Inc. 0.07% 35,000 $1.5M No change
ILPT Industrial Logistics Propert 0.07% 256,232 $1.5M No change
CVGI Commercial Vehicle Group Inc. 0.07% 868,931 $1.5M Add +126.0%
BSET Bassett Furniture Inds 0.07% 94,306 $1.5M Reduce -24.7%
NKSH National Bankshares Inc. 0.07% 50,000 $1.5M No change
CVI CVR Energy Inc. 0.07% 40,000 $1.5M Reduce -27.3%
GOOS Canada Goose Holdings Inc. 0.07% 105,000 $1.4M Reduce -25.0%
VEU Vanguard Ftse All-World Ex-U 0.07% 20,000 $1.4M No change
PRSU Pursuit Attractions and Hosp 0.07% 39,300 $1.4M No change
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.07% 20,000 $1.4M No change
GNW Genworth Financial Inc. 0.06% 158,000 $1.4M No change
WNC Wabash National Corp. 0.06% 141,236 $1.4M Reduce -17.5%
CVEO Civeo Corp. 0.06% 60,039 $1.4M No change
VT Vanguard Tot World STK ETF 0.06% 10,000 $1.4M No change
EFC Ellington Financial Inc. 0.06% 105,941 $1.4M No change
ABT Abbott Laboratories 0.06% 10,000 $1.3M No change
GENC Gencor Industries Inc. 0.06% 91,137 $1.3M No change
ROOT Root Inc./Oh Class A 0.06% 14,600 $1.3M No change
ARTNA Artesian Resources Corp. Class A 0.06% 40,000 $1.3M No change
MTH Meritage Homes Corp. 0.06% 18,000 $1.3M No change
TWLO Twilio Inc. Class A 0.06% 13,000 $1.3M Reduce -13.3%
EHTH Ehealth Inc. 0.06% 300,128 $1.3M Reduce -30.2%
NTRS Northern Trust Corp. 0.06% 9,600 $1.3M No change
PAR Par Technology Corp. 0.06% 32,600 $1.3M No change
SSYS Stratasys Ltd. 0.06% 115,000 $1.3M No change
GAP The Gap Inc. 0.06% 60,000 $1.3M New
WYNN WYNN Resorts Ltd. 0.06% 10,000 $1.3M No change
UHAL.B U-Haul Holding Co.-Non Voting 0.06% 25,200 $1.3M No change
DLHC DLH Holdings Corp. filed as DLH HLDGS CORP 0.06% 225,000 $1.3M No change
BPOP Popular Inc. 0.06% 10,000 $1.3M No change
CARS Cars.com Inc. 0.06% 103,569 $1.3M No change
SPB Spectrum Brands Holdings Inc. 0.06% 23,690 $1.2M No change
JOE The St Joe Co. 0.06% 25,000 $1.2M No change
SIF Sifco Industries 0.06% 175,658 $1.2M No change
UPLD Upland Software Inc. 0.06% 519,183 $1.2M No change
GEO The Geo Group Inc. 0.06% 60,000 $1.2M No change
LSTR Landstar System Inc. 0.06% 10,000 $1.2M No change
ST Sensata Technologies Holdplc 0.06% 40,000 $1.2M No change
HWBK Hawthorn Bancshares Inc. 0.06% 39,167 $1.2M No change
VEA Vanguard Ftse Developed ETF 0.06% 20,000 $1.2M No change
TBLA Taboola.com Ltd. 0.05% 350,500 $1.2M No change
VLO Valero Energy Corp. 0.05% 7,000 $1.2M No change
DXPE DXP Enterprises Inc. 0.05% 10,000 $1.2M No change
TFC Truist Financial Corp. 0.05% 25,900 $1.2M No change
XOMA Xoma Royalty Corporation 0.05% 30,616 $1.2M No change
BROOKDALE SENIOR LIVING (BKD 2 10/15/26) 0.05% 1,000,000 $1.2M No change
HOV Hovnanian Enterprises-A 0.05% 9,000 $1.2M No change
MLR Miller Industries Inc. 0.05% 28,606 $1.2M No change
SANM Sanmina Corp. 0.05% 10,000 $1.2M No change
SCZ iShares MSCI Eafe Small-Cap 0.05% 15,000 $1.2M No change
AB Alliancebernstein Holding LP 0.05% 30,000 $1.1M No change
KMI Kinder Morgan Inc. 0.05% 40,000 $1.1M No change
LEA Lear Corp. 0.05% 11,224 $1.1M No change
FONR Fonar Corp. 0.05% 73,058 $1.1M No change
SABR Sabre Corp. 0.05% 600,313 $1.1M Reduce -21.4%
PG The Procter & Gamble Co. 0.05% 7,000 $1.1M No change
SNDL SNDL Inc. 0.05% 400,000 $1.1M Reduce -5.9%
ITIC Investors Title Co. 0.05% 4,000 $1.1M No change
AON Aon PLC Class A 0.05% 3,000 $1.1M No change
GLD SPDR Gold Shares 0.05% 3,000 $1.1M No change
ROK Rockwell Automation Inc. 0.05% 3,000 $1.0M No change
INMD Inmode Ltd. 0.05% 70,000 $1.0M Reduce -12.5%
LZ Legalzoomcom Inc. 0.05% 100,000 $1.0M No change
DECK Deckers Outdoor Corp. 0.05% 10,200 $1.0M No change
TAYD Taylor Devices Inc. 0.05% 21,000 $1.0M Reduce -16.0%
CSCO Cisco Systems Inc. 0.05% 15,000 $1.0M No change
GIFI Gulf Island Fabrication Inc. 0.05% 144,529 $1.0M No change
TEVA Teva Pharmaceutical-SP ADR 0.05% 50,000 $1.0M No change
NNBR NN Inc. 0.05% 485,984 $1.0M Add +69.9%
CHRD Chord Energy Corp. 0.05% 10,000 $994K No change
REI Ring Energy Inc. 0.05% 907,417 $989K No change
LYB Lyondellbasell Indu Class A 0.05% 20,000 $981K No change
PM Philip Morris International 0.04% 6,000 $973K No change
ALTG Alta Equipment Group Inc. 0.04% 133,149 $964K Add +33.1%
HUBG Hub Group Inc. Class A 0.04% 27,382 $943K No change
PNRG Primeenergy Resources Corp. 0.04% 5,615 $938K No change
CNTY Century Casinos Inc. 0.04% 348,464 $909K No change
AVO Mission Produce Inc. 0.04% 74,410 $894K No change
W Wayfair Inc. Class A 0.04% 10,000 $893K New
MLKN Millerknoll Inc. 0.04% 50,000 $887K No change
FCCO First Community Corp. 0.04% 30,800 $869K Reduce -28.0%
PLBC Plumas Bancorp 0.04% 20,000 $863K No change
RRX Regal Rexnord Corp. 0.04% 6,000 $861K No change
SEIC Sei Investments Company 0.04% 10,000 $849K No change
OVLY Oak Valley Bancorp filed as OAK VY BANCORP OAKDALE CALIF 0.04% 30,000 $845K No change
TWIN Twin Disc Inc. 0.04% 60,000 $836K No change
OMAB Grupo Aeroportuario Cen-ADR 0.04% 8,000 $831K No change
IXUS iShares Core Intl Stock ETF 0.04% 10,000 $826K No change
OMC Omnicom Group 0.04% 10,000 $815K No change
CPA Copa Holdings SA Class A 0.04% 6,854 $814K Add +37.1%
CATO Cato Corp. Class A 0.04% 193,290 $814K Reduce -3.6%
RH RH 0.04% 4,000 $813K New
MLI Mueller Industries Inc. 0.04% 8,000 $809K No change
CNX CNX Resources Corp. 0.04% 25,000 $803K No change
DWSN Dawson Geophysical Co. 0.04% 451,798 $795K No change
ETH Grayscale Ethereum Staking M 0.04% 20,000 $784K No change
ACMR Acm Research Inc. Class A 0.04% 20,000 $783K No change
EPD Enterprise Products Partners 0.04% 25,000 $782K No change
NATH Nathan's Famous Inc. 0.04% 7,000 $775K No change
DLO Dlocal Ltd. 0.04% 54,000 $771K New
CCOI Cogent Communications Holdin 0.04% 20,000 $767K No change
EZPW Ezcorp Inc. Class A 0.04% 40,000 $762K No change
PUMP Propetro Holding Corp. 0.04% 145,200 $761K No change
HRB H&R Block Inc. filed as BLOCK H & R INC 0.03% 15,000 $759K No change
AVAH Aveanna Healthcare Holdings 0.03% 84,327 $748K New
ALK Alaska Air Group Inc. 0.03% 15,000 $747K No change
FULC Fulcrum Therapeutics Inc. 0.03% 80,506 $741K No change
TNC Tennant Co. 0.03% 9,034 $732K No change
BMRC Bank of Marin Bancorp filed as BANK MARIN BANCORP 0.03% 30,092 $731K No change
NC Nacco Industries Class A 0.03% 17,330 $731K No change
GPN Global Payments Inc. 0.03% 8,769 $729K No change
CLSK Cleanspark Inc. 0.03% 50,008 $725K No change
TME Tencent Music Entertainm-ADR 0.03% 31,000 $724K No change
AOUT American Outdoor Brands Inc. 0.03% 82,831 $719K Reduce -63.1%
URBN Urban Outfitters Inc. 0.03% 10,000 $714K No change
NWG Natwest Group PLC -Spon ADR 0.03% 50,000 $708K No change
GEF Greif Inc. Class A 0.03% 11,800 $705K No change
BHM Bluerock Homes Trust Inc. 0.03% 57,954 $694K No change
INTU Intuit Inc. 0.03% 1,000 $683K No change
STRT Strattec Security Corp. 0.03% 10,000 $681K No change
TSBK Timberland Bancorp Inc. 0.03% 20,416 $679K No change
PNR Pentair PLC 0.03% 6,000 $665K No change
AIZ Assurant Inc. 0.03% 3,000 $650K No change
A Agilent Technologies Inc. 0.03% 5,000 $642K No change
KBH KB Home 0.03% 10,000 $636K No change
ACIW Aci Worldwide Inc. 0.03% 12,000 $633K No change
MAGN Magnera Corp. 0.03% 53,992 $633K No change
RTO Rentokil Initial PLC-SP ADR 0.03% 25,000 $631K No change
CSTE Caesarstone Ltd. 0.03% 394,154 $627K No change
AMG Affiliated Managers Group 0.03% 2,600 $620K No change
LNSR Lensar Inc. 0.03% 50,074 $618K No change
ECVT Ecovyst Inc. 0.03% 69,956 $613K No change
CPNG Coupang Inc. 0.03% 19,000 $612K No change
SRI Stoneridge Inc. 0.03% 80,000 $610K No change
ATLO Ames National Corp. 0.03% 30,000 $607K No change
ALSN Allison Transmission Holding 0.03% 7,000 $594K No change
NVT Nvent Electric PLC 0.03% 6,000 $592K No change
DAN Dana Inc. 0.03% 29,500 $591K No change
MURA Mural Oncology PLC 0.03% 283,912 $588K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.03% 5,000 $573K No change
MG Mistras Group Inc. 0.03% 58,000 $571K No change
LEN Lennar Corp. Class A 0.03% 4,509 $568K No change
SNCR Synchronoss Technologies Inc. 0.03% 91,334 $555K Add +86.4%
TBRG Trubridge Inc. 0.03% 27,500 $555K No change
SEB Seaboard Corp. 0.03% 151 $551K No change
PLPC Preformed Line Products Co. 0.03% 2,800 $549K No change
GPK Graphic Packaging Holding Co. 0.02% 27,500 $538K No change
CAR Avis Budget Group Inc. 0.02% 3,340 $536K No change
ITT Itt Inc. 0.02% 3,000 $536K No change
SE Sea Ltd.-ADR 0.02% 3,000 $536K No change
SKY Champion Homes Inc. 0.02% 7,000 $535K No change
VIRT Virtu Financial Inc. Class A 0.02% 15,000 $533K No change
XBIT Xbiotech Inc. 0.02% 200,000 $532K No change
CBZ Cbiz Inc. 0.02% 10,000 $530K No change
CARDLYTICS INC (CDLX 4.25 04/01/29) 0.02% 1,000,000 $527K No change
FISV Fiserv Inc. 0.02% 4,000 $516K No change
AMR Alpha Metallurgical Resource 0.02% 3,075 $505K No change
PRLB Proto Labs Inc. 0.02% 10,000 $500K No change
ACET Adicet Bio Inc. 0.02% 617,319 $500K No change
NTIC Northern Technologies Intl 0.02% 64,390 $496K No change
ADI Analog Devices Inc. 0.02% 2,000 $491K No change
VMD Viemed Healthcare Inc. 0.02% 71,500 $485K No change
DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN 0.02% 80,000 $481K New
BABA Alibaba Group Holding-SP ADR 0.02% 2,675 $478K No change
CTNM Contineum Therapeutics Inc. Class A 0.02% 40,000 $470K No change
CRVL Corvel Corp. 0.02% 6,000 $465K No change
PEPG Pepgen Inc. 0.02% 100,000 $462K No change
FSEA First Seacoast Bancorp Inc. 0.02% 39,300 $452K No change
HMN Horace Mann Educators 0.02% 10,000 $452K No change
OLLI Ollie's Bargain Outlet Holdi 0.02% 3,500 $449K No change
EMN Eastman Chemical Co. 0.02% 7,086 $447K No change
PANL Pangaea Logistics Solutions 0.02% 87,886 $446K No change
OFIX Orthofix Medical Inc. 0.02% 30,000 $439K No change
CODA Coda Octopus Group Inc. 0.02% 53,499 $429K Reduce -3.2%
BIDU Baidu Inc. - Spon ADR 0.02% 3,250 $428K No change
WTTR Select Water Solutions Inc. 0.02% 40,000 $428K No change
KORE Kore Group Holdings Inc. 0.02% 176,469 $427K No change
TXT Textron Inc. 0.02% 5,000 $422K No change
TT Trane Technologies PLC 0.02% 1,000 $422K No change
LRN Stride Inc. 0.02% 2,805 $418K No change
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.02% 3,574 $417K No change
FOSL Fossil Group Inc. 0.02% 160,137 $412K Reduce -23.4%
REXR Rexford Industrial Realty Inc. 0.02% 10,000 $411K No change
ADNT Adient PLC 0.02% 17,000 $409K No change
REPX Riley Exploration Permian Inc. 0.02% 15,000 $407K No change
TGNA Tegna Inc. 0.02% 20,000 $407K No change
FINV Finvolution Group-ADR 0.02% 55,000 $405K No change
VRNT Verint Systems Inc. 0.02% 20,000 $405K No change
HBB Hamilton Beach Brand-A 0.02% 27,513 $395K No change
CRD.B Crawford & Co. Class B 0.02% 40,000 $391K No change
WSM Williams-Sonoma Inc. 0.02% 2,000 $391K No change
BC Brunswick Corp. 0.02% 6,000 $379K No change
PH Parker Hannifin Corp. 0.02% 500 $379K No change
NRDS Nerdwallet Inc. Class A 0.02% 35,000 $377K No change
NUS Nu Skin Enterprises Inc. Class A 0.02% 30,410 $371K Reduce -22.5%
KTB Kontoor Brands Inc. 0.02% 4,571 $365K No change
AMN Amn Healthcare Services Inc. 0.02% 18,513 $358K No change
TNL Travel + Leisure Co. 0.02% 6,000 $357K New
PII Polaris Inc. 0.02% 6,000 $349K No change
ZURA Zura Bio Ltd. 0.02% 80,000 $346K Reduce -33.3%
PMVP PMV Pharmaceuticals Inc. 0.02% 245,561 $344K No change
UNF Unifirst Corp. 0.02% 2,000 $334K Reduce -50.0%
AWRE Aware Inc. 0.02% 138,600 $334K Reduce -1.0%
CNR Core Natural Resources Inc. 0.02% 4,000 $334K No change
RLGT Radiant Logistics Inc. 0.02% 56,032 $331K No change
RLMD Relmada Therapeutics Inc. 0.02% 163,261 $328K No change
GTM Zoominfo Technologies Inc. 0.01% 30,000 $327K No change
BZ Kanzhun Ltd. - ADR 0.01% 14,000 $327K New
ALIT Alight Inc. Class A 0.01% 100,000 $326K No change
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.01% 8,425 $323K New
MMI Marcus & Millichap Inc. 0.01% 11,000 $323K No change
FNF Fidelity National Financial 0.01% 5,284 $320K No change
CRON Cronos Group Inc. 0.01% 114,066 $317K Add +13.4%
UCB United Community Banks 0.01% 10,000 $314K No change
STRR Star Equity Holdings Inc. 0.01% 28,112 $313K No change
THO Thor Industries Inc. 0.01% 3,000 $311K New
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.01% 1,000 $310K No change
KOP Koppers Holdings Inc. 0.01% 10,931 $306K No change
TFX Teleflex Inc. 0.01% 2,500 $306K No change
DNOW Dnow Inc. 0.01% 20,000 $305K No change
PSMT Pricesmart Inc. 0.01% 2,500 $303K No change
SRDX Surmodics Inc. 0.01% 10,000 $299K No change
TASEKO MINES LTD 0.01% 70,400 $298K No change
RMAX Re/Max Holdings Inc. Class A 0.01% 31,550 $298K No change
FUL H.B. Fuller Co. filed as FULLER H B CO 0.01% 5,000 $296K New
THD iShares MSCI Thailand ETF 0.01% 5,000 $294K No change
MRC MRC Global Inc. 0.01% 20,000 $288K No change
AXS Axis Capital Holdings Ltd. 0.01% 3,000 $287K No change
ATHM Autohome Inc.-ADR 0.01% 10,000 $286K No change
PRTA Prothena Corp. PLC 0.01% 29,200 $285K No change
MTG Mgic Investment Corp. 0.01% 10,000 $284K No change
NSIT Insight Enterprises Inc. 0.01% 2,500 $284K No change
HQI Hirequest Inc. 0.01% 29,431 $283K No change
CB Chubb Ltd. 0.01% 1,000 $282K No change
GGB Gerdau SA -Spon ADR 0.01% 90,000 $279K No change
DNTH Dianthus Therapeutics Inc. 0.01% 7,000 $275K New
WWW Wolverine World Wide Inc. 0.01% 10,000 $274K New
VTS Vitesse Energy Inc. 0.01% 11,769 $273K No change
BHE Benchmark Electronics Inc. 0.01% 7,000 $270K No change
CNM Core & Main Inc. Class A 0.01% 5,000 $269K No change
BV Brightview Holdings Inc. 0.01% 20,000 $268K Reduce -66.7%
OCC Optical Cable Corp. 0.01% 32,495 $264K No change
EEFT Euronet Worldwide Inc. 0.01% 3,000 $263K New
LXFR Luxfer Holdings PLC 0.01% 18,940 $263K No change
DXLG Destination XL Group Inc. 0.01% 200,000 $262K No change
DIBS 1STDIBS.COM Inc. 0.01% 100,000 $259K Add +257.1%
TRS Trimas Corp. 0.01% 6,601 $255K New
NMRA Neumora Therapeutics Inc. 0.01% 140,000 $255K Reduce -12.5%
PFIS Peoples Financial Services 0.01% 5,214 $253K No change
AVTR Avantor Inc. 0.01% 20,000 $250K No change
PGR Progressive Corp. 0.01% 1,000 $247K No change
BOLD Boundless Bio Inc. 0.01% 200,000 $246K No change
BRY Berry Corp. 0.01% 65,000 $246K No change
AUBN Auburn Natl Bancorporation 0.01% 10,000 $245K No change
FITB Fifth Third Bancorp 0.01% 5,400 $241K No change
PKBK Parke Bancorp Inc. 0.01% 11,000 $237K No change
CCEC Capital Clean Energy Carrier 0.01% 10,376 $234K No change
FUN Six Flags Entertainment Corp. 0.01% 10,000 $227K No change
UGP Ultrapar Particpac-Spon ADR 0.01% 55,229 $226K Reduce -44.1%
ASR Grupo Aeroportuario Sur-ADR 0.01% 700 $226K No change
SILC Silicom Ltd. 0.01% 12,700 $225K No change
ONB Old National Bancorp 0.01% 10,000 $220K No change
AFRM Affirm Holdings Inc. 0.01% 3,000 $219K No change
BXC Bluelinx Holdings Inc. 0.01% 3,000 $219K Reduce -62.5%
ZYXIQ Zynex Inc. 0.01% 150,000 $218K No change
DV Doubleverify Holdings Inc. 0.01% 18,000 $216K No change
RVSB Riverview Bancorp Inc. 0.01% 40,000 $215K No change
FMS Fresenius Medical Care-ADR 0.01% 8,100 $213K No change
PHR Phreesia Inc. 0.01% 9,048 $213K No change
ITRN Ituran Location and Control 0.01% 5,922 $212K No change
AP Ampco-Pittsburgh Corp. 0.01% 90,950 $208K No change
PAL Proficient Auto Logistics Inc. 0.01% 29,982 $207K New
MED Medifast Inc. 0.01% 14,895 $204K No change
NLY Annaly Capital Management Inc. 0.01% 10,000 $202K New
VRA Vera Bradley Inc. 0.01% 100,000 $201K No change
U Unity Software Inc. 0.01% 5,000 $200K Reduce -66.7%
M Macy's Inc. 0.01% 11,000 $197K No change
SID Cia Siderurgica Nacl-SP ADR filed as COMPANHIA SIDERURGICA NACION 0.01% 131,219 $197K No change
OPITQ Office Properties Income Tru 0.01% 590,366 $194K No change
BZUN Baozun Inc.-SPN ADR 0.01% 47,900 $194K No change
CRBU Caribou Biosciences Inc. 0.01% 80,000 $186K No change
CMBMF Cambium Networks Corp. 0.01% 207,306 $185K No change
TEAD Teads Holding Co. 0.01% 110,000 $182K No change
DBRG Digitalbridge Group Inc. 0.01% 15,000 $176K No change
CGNT Cognyte Software Ltd. 0.01% 20,000 $168K No change
MGX Metagenomi Therapeutics Inc. 0.01% 70,780 $168K Reduce -11.5%
RGP Resources Connection Inc. 0.01% 32,041 $162K No change
CVRX CVRX Inc. 0.01% 20,000 $161K No change
DBI Designer Brands Inc. Class A 0.01% 45,195 $160K No change
FRST Primis Financial Corp. 0.01% 15,000 $158K No change
OSUR Orasure Technologies Inc. 0.01% 48,096 $154K No change
DENN Denny's Corp. 0.01% 29,103 $152K No change
CMBT CMB Tech NV 0.01% 15,955 $150K No change
NUVB Nuvation Bio Inc. 0.01% 40,000 $148K No change
TZOO Travelzoo 0.01% 15,000 $147K No change
EHAB Enhabit Inc. 0.01% 18,291 $147K No change
STRO Sutro Biopharma Inc. Com SHS 0.01% 152,714 $133K Reduce -4.5%
MEI Methode Electronics Inc. 0.01% 16,620 $125K No change
ZNTL Zentalis Pharmaceuticals Inc. 0.01% 80,000 $121K No change
DSWL Deswell Industries Inc. 0.01% 30,000 $119K No change
ORMP Oramed Pharmaceuticals Inc. 0.01% 42,947 $113K No change
KZR Kezar Life Sciences Inc. 0.01% 28,253 $110K No change
ALLT Allot Ltd. 0.01% 10,360 $110K No change
INDI Indie Semiconductor Inc. Class A 0.00% 25,500 $104K Reduce -87.6%
SGRP Spar Group Inc. 0.00% 100,000 $103K No change
KLRS Kalaris Therapeutics Inc. 0.00% 17,391 $101K No change
MIND Mind Technology Inc. 0.00% 12,238 $99K No change
AIRG Airgain Inc. 0.00% 22,700 $99K No change
ZIP Ziprecruiter Inc. Class A 0.00% 22,308 $94K Reduce -46.2%
OMCC Old Market Capital Corp. filed as OLD MKT CAP CORP 0.00% 17,988 $93K No change
MHH Mastech Digital Inc. 0.00% 11,834 $90K No change
HGBL Heritage Global Inc. 0.00% 54,283 $90K No change
AVIR Atea Pharmaceuticals Inc. 0.00% 30,000 $87K No change
RWT Redwood Trust Inc. 0.00% 15,000 $87K No change
OPRT Oportun Financial Corp. 0.00% 13,106 $81K Reduce -87.8%
MNDO Mind Cti Ltd. 0.00% 72,108 $79K No change
MCHX Marchex Inc. Class B 0.00% 41,600 $75K No change
PRTS Carparts.com Inc. 0.00% 103,794 $74K No change
HBIO Harvard Bioscience Inc. 0.00% 160,000 $70K No change
ACH Accendra Health Inc. filed as OWENS & MINOR INC NEW 0.00% 14,277 $69K No change
RVP Retractable Technologies Inc. 0.00% 66,308 $56K No change
ORIGIN MATERIALS INC 0.00% 100,000 $52K No change
EB Eventbrite Inc. Class A 0.00% 19,270 $49K No change
TUYA Tuya Inc. 0.00% 14,800 $37K No change
APWC Asia Pacific Wire & Cable 0.00% 12,565 $26K No change
BATL Battalion Oil Corp. 0.00% 20,000 $24K No change
ATYR Atyr Pharma Inc. 0.00% 20,000 $14K New

Options reported separately and not counted above: BRK.B puts ($32.7M), TSLA puts ($24.0M), UBER puts ($4.6M), MSTR puts ($3.2M), DJT puts ($1.3M), MS puts ($316K), SNAP calls ($308K).

Portfolio Sells Q2 2025 → Q3 2025
UBER Uber Technologies Inc. Reduce -21.9% 0.68% −0.38
NWL Newell Brands Inc. Reduce -40.4% 0.26% −0.22
CE Celanese Corp. Reduce -28.0% 0.20% −0.19
CTSH Cognizant Tech Solutions-A Sold out 0.00% −0.16
DOCU Docusign Inc. Sold out 0.00% −0.12
AOUT American Outdoor Brands Inc. Reduce -63.1% 0.03% −0.08
BZH Beazer Homes USA Inc. Reduce -53.6% 0.07% −0.08
VSTS Vestis Corp. Reduce -5.0% 0.18% −0.08
SQQQ Proshares TR Sold out 0.00% −0.07
SABR Sabre Corp. Reduce -21.4% 0.05% −0.07
MTRX Matrix Service Co. Sold out 0.00% −0.07
KRMD Koru Medical Systems Inc. Sold out 0.00% −0.06
MTN Vail Resorts Inc. Sold out 0.00% −0.06
CDW CDW Corp. Reduce -30.8% 0.08% −0.06
MPAA Motorcar Parts of America Inc. Reduce -41.7% 0.24% −0.06
ALLY Ally Financial Inc. Reduce -16.7% 0.18% −0.05
FRAF Franklin Financial Services Sold out 0.00% −0.05
CVX Chevron Corp. Sold out 0.00% −0.05
CWH Camping World Holdings Inc. Class A Reduce -6.2% 0.19% −0.05
OXY Occidental Petroleum Corp. Reduce -32.8% 0.11% −0.05
SNAP Snap Inc. Class A Sold out 0.00% −0.04
CPB The Campbell's Company Reduce -26.3% 0.10% −0.04
OI O-I Glass Inc. Sold out 0.00% −0.04
JBLU Jetblue Airways Corp. Sold out 0.00% −0.04
HSY The Hershey Co. Sold out 0.00% −0.04
FCAP First Capital Inc. Sold out 0.00% −0.04
CRWD CrowdStrike Holdings Inc. Class A Reduce -16.7% 0.11% −0.04
THRY Thryv Holdings Inc. Sold out 0.00% −0.04
PWOD Penns Woods Bancorp Inc. Sold out 0.00% −0.04
BV Brightview Holdings Inc. Reduce -66.7% 0.01% −0.04
SHEL Shell PLC-ADR Sold out 0.00% −0.03
OPRT Oportun Financial Corp. Reduce -87.8% 0.00% −0.03
THR Thermon Group Holdings Inc. Reduce -2.7% 0.21% −0.03
YELP Yelp Inc. Sold out 0.00% −0.03
EHTH Ehealth Inc. Reduce -30.2% 0.06% −0.03
TWLO Twilio Inc. Class A Reduce -13.3% 0.06% −0.03
INDI Indie Semiconductor Inc. Class A Reduce -87.6% 0.00% −0.03
LARK Landmark Bancorp Inc. Sold out 0.00% −0.03
TSLA Tesla Inc. Sold out 0.00% −0.03
HRL Hormel Foods Corp. Sold out 0.00% −0.03
BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −0.03
EXFY Expensify Inc. Class A Sold out 0.00% −0.03
BSET Bassett Furniture Inds Reduce -24.7% 0.07% −0.03
WNC Wabash National Corp. Reduce -17.5% 0.06% −0.03
TBI Trueblue Inc. Reduce -8.3% 0.11% −0.03
OLO Olo Inc. Class A Sold out 0.00% −0.03
ONIT Onity Group Inc. Reduce -6.7% 0.22% −0.02
UNF Unifirst Corp. Reduce -50.0% 0.02% −0.02
KD Kyndryl Holdings Inc. Sold out 0.00% −0.02
PARR Par Pacific Holdings Inc. Sold out 0.00% −0.02

Portfolio Buys Q2 2025 → Q3 2025
MBC Masterbrand Inc. New 0.24% +0.24
PEP Pepsico Inc. Add +32.3% 0.93% +0.22
MHK Mohawk Industries Inc. Add +275.0% 0.27% +0.20
REAL The Realreal Inc. New 0.20% +0.20
KHC The Kraft Heinz Co. Add +157.1% 0.22% +0.13
HPE Hewlett Packard Enterprise New 0.09% +0.09
ANGI Angi Inc. Add +306.6% 0.11% +0.08
GAP The Gap Inc. New 0.06% +0.06
W Wayfair Inc. Class A New 0.04% +0.04
RH RH New 0.04% +0.04
CVGI Commercial Vehicle Group Inc. Add +126.0% 0.07% +0.04
DLO Dlocal Ltd. New 0.04% +0.04
AVAH Aveanna Healthcare Holdings New 0.03% +0.03
DCH Dauch Corporation New 0.02% +0.02
RDN Radian Group Inc. Add +20.0% 0.20% +0.02
TNL Travel + Leisure Co. New 0.02% +0.02
NNBR NN Inc. Add +69.9% 0.05% +0.02
BZ Kanzhun Ltd. - ADR New 0.01% +0.01
NMIH Nmi Holdings Inc. New 0.01% +0.01
THO Thor Industries Inc. New 0.01% +0.01
FUL H.B. Fuller Co. New 0.01% +0.01
ALTG Alta Equipment Group Inc. Add +33.1% 0.04% +0.01
DNTH Dianthus Therapeutics Inc. New 0.01% +0.01
WWW Wolverine World Wide Inc. New 0.01% +0.01
EEFT Euronet Worldwide Inc. New 0.01% +0.01
TRS Trimas Corp. New 0.01% +0.01
CPA Copa Holdings SA Class A Add +37.1% 0.04% +0.01
PAL Proficient Auto Logistics Inc. New 0.01% +0.01
NLY Annaly Capital Management Inc. New 0.01% +0.01
SNCR Synchronoss Technologies Inc. Add +86.4% 0.03% +0.01
DIBS 1STDIBS.COM Inc. Add +257.1% 0.01% +0.01
CRON Cronos Group Inc. Add +13.4% 0.01% +0.01
ATYR Atyr Pharma Inc. New 0.00% +0.00
CMCO Columbus McKinnon Corp. Add +4.4% 0.09% −0.01
LEG Leggett & Platt Inc. Add +3.4% 0.24% −0.01
BMBL Bumble Inc. Class A Add +1.1% 0.11% −0.02
SNFCA Security Natl Finl Corp. Class A Add +5.0% 0.12% −0.02

Options Activity Q2 2025 → Q3 2025
BRK.B Berkshire Hathaway Inc. Class B put Add +225.0% 65,000 $32.7M
SPY SS SPDR S&P 500 ETF Trust-US put Sold out 25,000 $15.4Mbefore exit
C Citigroup Inc. put Sold out 50,000 $4.3Mbefore exit
SMCI Super Micro Computer Inc. call Sold out 30,000 $1.5Mbefore exit
C Citigroup Inc. call Sold out 10,000 $851Kbefore exit
LYFT LYFT Inc. Class A call Sold out 40,000 $630Kbefore exit
MS Morgan Stanley put Reduce -98.7% 2,000 $316K
SNAP Snap Inc. Class A call Reduce -66.7% 40,000 $308K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q2 2025 → Q3 2025
AP.WS Ampco-Pittsburgh Corp. -CW25 *W EXP 08/01/202 Sold out 211,652 $4Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 506$2.4BMS, SPY, APP, META, BRK.A
Q1 2026Amended 487$2.0BMS, SPY, META, BRK.A, DAC
Q4 2025Amended 547$2.2BMS, SPY, APP, META, BRK.A
Q3 2025 569$2.2BMS, SPY, APP, META, BRK.A
Q2 2025 589$2.0BMS, SPY, META, BRK.A, APP
Q1 2025 558$1.6BBRK.A, META, FICO, MA, V
Q4 2024 536$1.9BMS, SPY, META, BRK.A, APP
Q3 2024 589$2.0BMS, SPY, META, BRK.A, BLDR
Q2 2024 561$1.7BSPY, MS, META, BRK.A, DAC
Q1 2024 547$1.8BSPY, MS, BLDR, META, BRK.A