In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Valueworks LLC reported 34 stock positions worth $303.8 million . Its top holding was Joby Aviation (JOBY) at 8.2% of the portfolio, followed by Valaris (VAL, 6.6% ) and Maui Land & Pineapple (MLP, 5.8% ). Compared with Q1 2025, it opened 3 new positions, sold out of 1, added to 14 and reduced 15. The biggest buy was a new position in Maplebear (CART) and the biggest sale Chord Energy (CHRD, shares −0% ).
Location NEW YORK, NY
CIK 0001282189
Portfolio Value $303.8M (Q2 2025) Holdings 34 stocks · $303.8M 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 Q1 2025 JOBY Joby Aviation Inc. 2,359,545 $24.9M Add +0.1% VAL Valaris Ltd. 476,628 $20.1M Add +19.2% MLP Maui Land & Pineapple Co. filed as MAUI LD & PINEAPPLE INC 972,067 $17.7M Add +5.7% CHRD Chord Energy Corp. 178,380 $17.3M Reduce -0.1% RIVN Rivian Automotive Inc. Class A 1,246,168 $17.1M Reduce -0.2% MSB Mesabi Trust 685,846 $16.4M Reduce -1.2% AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 260,489 $15.2M Add +30.6% TDW Tidewater Inc. 322,576 $14.9M Add +0.9% MU Micron Technology Inc. 115,101 $14.2M Reduce -0.7% HY Hyster-Yale Inc. 299,433 $11.9M Add +5.8% AMZN Amazon.com Inc. 53,776 $11.8M Add +0.8% CDLR Cadeler A/S-ADR 532,956 $10.6M Add +0.1% CART Maplebear Inc. 231,019 $10.5M New MBI Mbia Inc. 2,227,189 $9.7M Add +1.0% QCOM Qualcomm Inc. 58,435 $9.3M Add +0.5% SPR Spirit Aerosystems Hold Class A 232,701 $8.9M Add +59.4% UNFI United Natural Foods Inc. 369,958 $8.6M Reduce -0.4% CBL CBL & Associates Properties 313,442 $8.0M Reduce -0.1% TUSK Mammoth Energy Services Inc. 2,389,031 $6.7M Reduce -14.9% SBLK Star Bulk Carriers Corp. 365,595 $6.3M Add +0.4% GNW Genworth Financial Inc. 723,588 $5.6M Reduce -0.2% CMCSA Comcast Corp. Class A 140,225 $5.0M Add +0.5% LNG Cheniere Energy Inc. 20,258 $4.9M Reduce -8.2% NYT New York Times Co. Class A 87,492 $4.9M Reduce -1.6% NE Noble Corp. PLC 135,330 $3.6M No change AAPL Apple Inc. 15,768 $3.2M Reduce -2.4% AMGN Amgen Inc. 11,228 $3.1M Add +0.9% EQT Eqt Corp. 53,510 $3.1M Reduce -14.0% GLW Corning Inc. 56,754 $3.0M Reduce -49.1% VTLE Vital Energy Inc. 157,100 $2.5M New HUDSON PAC PPTYS INC 814,170 $2.2M New IVZ Invesco Ltd. 98,046 $1.5M Reduce -1.8% GNK Genco Shipping & Trading Ltd. 55,000 $719K No change CQP Cheniere Energy Partners LP 4,750 $266K Reduce -14.4%
Portfolio Sells Q1 2025 → Q2 2025 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 Q1 2025 % Of Portfolio Change To Portfolio ▲ CHRD Chord Energy Corp. Reduce -0.1% 5.69% −1.90 MSB Mesabi Trust Reduce -1.2% 5.41% −1.72 AXP American Express Co. Sold out 0.00% −1.08 UNFI United Natural Foods Inc. Reduce -0.4% 2.84% −1.00 GLW Corning Inc. Reduce -49.1% 0.98% −0.94 CBL CBL & Associates Properties Reduce -0.1% 2.62% −0.53 LNG Cheniere Energy Inc. Reduce -8.2% 1.62% −0.30 AAPL Apple Inc. Reduce -2.4% 1.06% −0.29 RIVN Rivian Automotive Inc. Class A Reduce -0.2% 5.64% −0.23 EQT Eqt Corp. Reduce -14.0% 1.03% −0.23 GNW Genworth Financial Inc. Reduce -0.2% 1.85% −0.09 IVZ Invesco Ltd. Reduce -1.8% 0.51% −0.06 NYT New York Times Co. Class A Reduce -1.6% 1.61% −0.05 CQP Cheniere Energy Partners LP Reduce -14.4% 0.09% −0.05 TUSK Mammoth Energy Services Inc. Reduce -14.9% 2.21% +0.04 MU Micron Technology Inc. Reduce -0.7% 4.67% +0.87
Portfolio Buys Q1 2025 → Q2 2025 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 Q1 2025 % Of Portfolio Change To Portfolio ▼ CART Maplebear Inc. New 3.44% +3.44 JOBY Joby Aviation Inc. Add +0.1% 8.19% +2.84 AL Sumisho Air Lease Corp. Add +30.6% 5.02% +1.38 SPR Spirit Aerosystems Hold Class A Add +59.4% 2.92% +1.02 VTLE Vital Energy Inc. New 0.83% +0.83 HUDSON PAC PPTYS INC New 0.73% +0.73 VAL Valaris Ltd. Add +19.2% 6.61% +0.68 AMZN Amazon.com Inc. Add +0.8% 3.88% +0.05 SBLK Star Bulk Carriers Corp. Add +0.4% 2.08% −0.06 TDW Tidewater Inc. Add +0.9% 4.90% −0.20 MLP Maui Land & Pineapple Co. Add +5.7% 5.82% −0.27 AMGN Amgen Inc. Add +0.9% 1.03% −0.28 CMCSA Comcast Corp. Class A Add +0.5% 1.65% −0.30 QCOM Qualcomm Inc. Add +0.5% 3.06% −0.31 CDLR Cadeler A/S-ADR Add +0.1% 3.49% −0.46 HY Hyster-Yale Inc. Add +5.8% 3.92% −0.51 MBI Mbia Inc. Add +1.0% 3.18% −0.96
Notes & Other Activity Q1 2025 → Q2 2025 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 38 $479.2M INTC, MU, HPP, JOBY, CART Q1 2026 35 $366.9M TDW, CHRD, VAL, MSB, JOBY Q4 2025 35 $379.9M JOBY, MU, MSB, RIVN, VAL Q3 2025 34 $343.6M JOBY, VAL, MSB, MU, MLP Q2 2025 34 $303.8M JOBY, VAL, MLP, CHRD, RIVN Q1 2025 32 $265.0M CHRD, MSB, MLP, VAL, RIVN Q4 2024 33 $300.2M MSB, CHRD, JOBY, MLP, RIVN Q3 2024 33 $313.9M CHRD, VAL, MSB, TDW, HY Q2 2024 32 $321.6M CHRD, VAL, TDW, HY, MLP Q1 2024 32 $307.6M CHRD, VAL, TDW, HY, MLP