Verdad Advisers’s Mesabi Trust MSB Stock Holding History

Verdad Advisers’s Portfolio MSB Stock Details MSB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	–	Sell	-10,303	Closed	-$325K	–	251
2026 Q1	$325K	Sell	10,303 -9,264	-47%	-$315K	0.37%	99
2025 Q4	$754K	Buy	+19,567	New	+$663K	0.86%	40

Other funds holding MSB

HKAM

Horizon Kinetics Asset Management New York $8.82B AUM 23.05% 1-Year Est. Return

ValueWorks New York $479M AUM 117.71% 1-Year Est. Return

CAMG

CWA Asset Management Group Naples, Florida $3.28B AUM 34.07% 1-Year Est. Return

First Manhattan New York $39.2B AUM 21.04% 1-Year Est. Return

MRI

Mad River Investors Boston, Massachusetts $268M AUM 31.54% 1-Year Est. Return

ASN

Advisory Services Network Atlanta, Georgia $8.83B AUM 38.5% 1-Year Est. Return

Moors & Cabot Boston, Massachusetts $2.57B AUM 37.84% 1-Year Est. Return

ECM

EagleClaw Capital Management Boston, Massachusetts $745M AUM 23.99% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Verdad Advisers's MSB Position: Q2 2026 in Review

Verdad Advisers sold out of Mesabi Trust (MSB) in Q2 2026, closing a stake of 10,303 shares — an estimated $325K sold.

Verdad Advisers first reported a position in MSB in Q4 2025 and held it in 2 quarters. The position peaked at $754K in Q4 2025. 62 funds tracked by Wall St. Rank hold MSB as of Q2 2026.

Verdad Advisers reported no remaining Mesabi Trust position as of Q2 2026 after selling out during the quarter.
Verdad Advisers sold 10,303 Mesabi Trust shares in Q2 2026, an estimated $325K.
Verdad Advisers first reported a position in Mesabi Trust in Q4 2025 and held it in 2 quarters.
Verdad Advisers's Mesabi Trust position peaked at $754K in Q4 2025.
62 funds tracked by Wall St. Rank held Mesabi Trust as of Q2 2026.

Based on Verdad Advisers's 13F filing for Q2 2026, filed 14 Aug 2026.