We are live on
!
Find out more
MRI
Mad River Investors Portfolio holdings
AUM
$278M
1-Year Est. Return
32.21%
This Fund
S&P 500
This Quarter
Est. Return
+7.94%
1 Year Est. Return
+32.21%
3 Year Est. Return
+205.53%
5 Year Est. Return
+287.35%
10 Year Est. Return
+1,823.68%
AUM
$130M
AUM Growth
-$1.71M
(-1.3%)
Cap. Flow
-$9.43M
Cap. Flow
% of AUM
-7.28%
Top 10 Holdings %
Top 10 Hldgs %
86.35%
Holding
31
New
2
Increased
2
Reduced
20
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PBT
Permian Basin Royalty Trust
PBT
|
+$2.35M |
| 2 |
RUM Group Inc
RUM
|
+$707K |
| 3 |
SAND
Sandstorm Gold
SAND
|
+$145K |
| 4 |
RCG
RENN Fund
RCG
|
+$16.5K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Texas Pacific Land
TPL
|
+$5.87M |
| 2 |
Wheaton Precious Metals
WPM
|
+$1.7M |
| 3 |
Liberty Broadband Class C
LBRDK
|
+$812K |
| 4 |
Civeo
CVEO
|
+$550K |
| 5 |
Liberty Media Series C
FWONK
|
+$451K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 50.01% |
| 2 | Materials | 16.06% |
| 3 | Financials | 11.01% |
| 4 | Consumer Discretionary | 7.66% |
| 5 | Technology | 6.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Texas Pacific Land
TPL
$26.9B
| $62.5M | 48.24% |
415,944
-44,523
| -10% | -$5.87M |
|
|
2
Civeo
CVEO
$376M
| $8.05M | 6.21% |
340,999
-24,923
| -7% | -$550K |
|
|
3
Wheaton Precious Metals
WPM
$49.8B
| $8.04M | 6.21% |
169,094
-38,983
| -19% | -$1.7M |
|
4
CACI
CACI
$11.3B
| $7.06M | 5.45% |
23,430
-1,375
| -6% | -$380K |
|
5
Franco-Nevada
FNV
$40.6B
| $6.04M | 4.67% |
37,890
-2,225
| -6% | -$320K |
|
|
MSB
6
Mesabi Trust
MSB
$300M
| $5.12M | 3.95% |
192,125
-500
| -0.3% | -$14K |
|
|
AC
7
DELISTED
Associated Capital Group
AC
| $4.6M | 3.55% |
109,775
-6,900
| -6% | -$286K |
|
8
Tejon Ranch
TRC
$467M
| $4.54M | 3.51% |
248,725
-14,500
| -6% | -$253K |
|
9
Berkshire Hathaway Class B
BRK.B
$1.11T
| $3.53M | 2.73% |
10,003
-1,200
| -11% | -$388K |
|
10
Howard Hughes
HHH
$4B
| $2.37M | 1.83% |
24,005
-3,507
| -13% | -$323K |
|
|
PBT
11
Permian Basin Royalty Trust
PBT
$1.31B
| $2.28M | 1.76% |
+182,500
| New | +$2.35M |
|
12
CME Group
CME
$93.5B
| $2.09M | 1.61% |
8,789
-900
| -9% | -$211K |
|
13
eBay
EBAY
$52.1B
| $1.87M | 1.45% |
32,725
-2,450
| -7% | -$143K |
|
14
Intercontinental Exchange
ICE
$86.4B
| $1.61M | 1.24% |
12,190
-750
| -6% | -$96.9K |
|
|
SAND
15
DELISTED
Sandstorm Gold
SAND
| $1.59M | 1.23% |
196,900
+21,000
| +12% | +$145K |
|
16
Boeing
BA
$175B
| $1.53M | 1.18% |
7,985
-475
| -6% | -$95.3K |
|
|
CORZ
17
DELISTED
Core Scientific, Inc. Common Stock
CORZ
| $1.3M | 1.01% |
158,300
-1,100
| -0.7% | -$9.72K |
|
18
Cboe Global Markets
CBOE
$31.1B
| $1.18M | 0.91% |
10,315
-1,000
| -9% | -$118K |
|
|
19
Liberty Media Series C
FWONK
$25.4B
| $821K | 0.63% |
12,154
-7,575
| -38% | -$451K |
|
|
20
RUM Group Inc
RUM
$1.66B
| $677K | 0.52% |
+57,000
| New | +$707K |
|
21
RLI Corp
RLI
$5.97B
| $664K | 0.51% |
12,000
-2,000
| -14% | -$105K |
|
|
GBL
22
DELISTED
GAMCO Investors, Inc.
GBL
| $581K | 0.45% |
26,300
| – | – |
|
23
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.37B
| $348K | 0.27% |
26,500
| – | – |
|
24
Walt Disney
DIS
$172B
| $329K | 0.25% |
2,400
| – | – |
|
|
25
Liberty Broadband Class C
LBRDK
$4.72B
| $295K | 0.23% |
2,177
-5,575
| -72% | -$812K |
|
Similar funds
RW
KWM
AIA
ACP
EM
DI
BCH
CC
Mad River Investors's Q1 2022 Portfolio in Review
As of Q1 2022, Mad River Investors held 31 positions worth $130M, down 1.3% from $131M the previous quarter. Its ten largest holdings account for 86% of the portfolio.
Mad River Investors withdrew a net $9.43M in Q1 2022, closing 2 positions and reducing 20 holdings. Its most notable exit was Liberty Media Corporation Series C Liberty SiriusXM Common Stock, an estimated $272K position sold in full.
By sector, the portfolio is most concentrated in Energy at 50% of assets, up from 49% a quarter earlier, followed by Materials and Financials.
Against the trend, Mad River Investors opened a new position in Permian Basin Royalty Trust worth $2.28M.
- Mad River Investors's largest Q1 2022 buy was Permian Basin Royalty Trust: 182,500 shares worth $2.28M.
- Mad River Investors added most to Sandstorm Gold in Q1 2022, an estimated $145K increase.
- Mad River Investors's biggest Q1 2022 reduction was Texas Pacific Land, cutting an estimated $5.87M.
- Mad River Investors fully exited Liberty Media Corporation Series C Liberty SiriusXM Common Stock in Q1 2022, selling an estimated $272K.
- Mad River Investors's ten largest holdings make up 86% of its $130M portfolio in Q1 2022.
- Mad River Investors opened 2 new positions and closed 2 in Q1 2022.
- Mad River Investors's portfolio value fell 1.3% quarter-over-quarter to $130M.
Based on Mad River Investors's 13F filing for Q1 2022, filed 28 Apr 2022.