Securities ▲▼ | Shares | Value | |||||
|---|---|---|---|---|---|---|---|
Q4 2025 ▲▼ | Q1 2026 ▲▼ | Change ▲▼ | Q4 2025 ▲▼ | Q1 2026 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| Texas Pacific Land Corporation(TPL) | 10,333,762 | 10,015,379 | -318,383 | $2.97B | $4.75B | 51.49% | +$1.78B |
| Grayscale Bitcoin Trust ETFSHS REP COM UT(GBTC) | 14,113,593 | 14,004,882 | -108,711 | $964.81M | $738.90M | 8.00% | -$225.91M |
| LandBridge CorporationCL A(LB) | 5,642,766 | 5,657,134 | +14,368 | $276.44M | $390.63M | 4.23% | +$114.19M |
| Hawaiian Electric Industries, Inc.(HE) | 19,392,363 | 21,635,294 | +2,242,931 | $238.53M | $321.07M | 3.48% | +$82.54M |
| Wheaton Precious Metals Corp.(WPM) | 2,493,518 | 1,761,519 | -731,999 | $293.04M | $230.78M | 2.50% | -$62.26M |
| WaterBridge Infrastructure LLCCL A(WBI) | 6,837,520 | 7,342,147 | +504,627 | $136.82M | $196.70M | 2.13% | +$59.88M |
| Franco-Nevada Corporation(FNV) | 968,101 | 757,297 | -210,804 | $200.67M | $187.09M | 2.03% | -$13.58M |
| Permian Basin Royalty TrustUNIT BEN INT(PBT) | 6,187,800 | 6,379,692 | +191,892 | $105.07M | $137.29M | 1.49% | +$32.22M |
| Miami International Holdings, Inc.(MIAX) | 1,819,798 | 3,451,549 | +1,631,751 | $80.76M | $134.33M | 1.46% | +$53.57M |
| Intercontinental Exchange, Inc.(ICE) | 830,766 | 838,899 | +8,133 | $134.55M | $131.94M | 1.43% | -$2.61M |
| Cheniere Energy, Inc.(LNG) | 463,329 | 420,328 | -43,001 | $90.07M | $119.27M | 1.29% | +$29.21M |
| Cboe Global Markets, Inc.(CBOE) | 408,398 | 410,066 | +1,668 | $102.51M | $115.26M | 1.25% | +$12.75M |
| Mesabi TrustCTF BEN INT(MSB) | 3,027,698 | 3,140,972 | +113,274 | $116.63M | $98.94M | 1.07% | -$17.69M |
| Grayscale Bitcoin Mini Trust ETFSHS NEW(BTC) | 2,997,060 | 3,004,416 | +7,356 | $116.08M | $90.10M | 0.98% | -$25.97M |
| CACI International IncCL A(CACI) | 158,591 | 154,648 | -3,943 | $84.50M | $84.11M | 0.91% | -$390.5K |
| CME Group Inc.(CME) | 275,611 | 270,253 | -5,358 | $75.26M | $79.82M | 0.86% | +$4.56M |
| Viper Energy, Inc.CL A(VNOM) | 1,714,904 | 1,662,641 | -52,263 | $66.25M | $78.13M | 0.85% | +$11.88M |
| Cameco Corporation(CCJ) | 674,096 | 651,825 | -22,271 | $61.67M | $70.79M | 0.77% | +$9.12M |
| OR Royalties Inc.(OR) | 1,815,024 | 1,754,144 | -60,880 | $64.23M | $66.69M | 0.72% | +$2.46M |
| Brookfield CorporationCL A(BN) | 1,583,710 | 1,571,936 | -11,774 | $72.68M | $63.62M | 0.69% | -$9.06M |
| Civeo Corporation(CVEO) | 2,449,487 | 2,352,353 | -97,134 | $56.02M | $62.24M | 0.67% | +$6.22M |
| AutoNation, Inc.(AN) | 256,479 | 225,053 | -31,426 | $52.96M | $43.94M | 0.48% | -$9.01M |
| Bunge Global SA(BG) | 348,994 | 336,944 | -12,050 | $31.09M | $42.86M | 0.46% | +$11.77M |
| Tejon Ranch Co.(TRC) | 1,912,573 | 1,902,606 | -9,967 | $30.16M | $35.85M | 0.39% | +$5.68M |
| Horizon Kinetics Holding Corporation(HKHC) | 1,075,313 | 1,075,416 | +103 | $25.27M | $35.49M | 0.38% | +$10.22M |
| The St. Joe Company(JOE) | 554,837 | 542,609 | -12,228 | $32.94M | $34.08M | 0.37% | +$1.14M |
| San Juan Basin Royalty TrustUNIT BEN INT(SJT) | 6,231,144 | 6,978,841 | +747,697 | $35.02M | $33.57M | 0.36% | -$1.45M |
| iShares Bitcoin Trust ETFSHS BEN INT(IBIT) | 796,863 | 793,343 | -3,520 | $39.56M | $30.48M | 0.33% | -$9.08M |
| Sprott Inc.(SII) | 214,626 | 206,997 | -7,629 | $21.02M | $29.58M | 0.32% | +$8.56M |
| White Mtns Ins Group Ltd COM | 13,121 | 13,112 | -9 | $27.27M | $28.81M | 0.31% | +$1.54M |
| Marsh & McLennan Companies, Inc.(MRSH) | 156,685 | 151,341 | -5,344 | $29.07M | $26.25M | 0.28% | -$2.82M |
| Carnival Corp | 957,548 | 957,653 | +105 | $29.24M | $24.78M | 0.27% | -$4.46M |
| Live Nation Entertainment, Inc.(LYV) | 169,884 | 157,169 | -12,715 | $24.21M | $23.97M | 0.26% | -$238.6K |
| Dorchester Minerals, L.P.COM UNIT(DMLP) | 875,662 | 860,226 | -15,436 | $19.58M | $23.31M | 0.25% | +$3.73M |
| Galaxy DigitalCL A(GLXY) | 1,249,554 | 1,250,969 | +1,415 | $27.94M | $23.08M | 0.25% | -$4.86M |
| Penske Automotive Group, Inc.(PAG) | 169,874 | 142,507 | -27,367 | $26.89M | $21.31M | 0.23% | -$5.58M |
| Berkshire Hathaway Inc DelCL B | 37,988 | 38,033 | +45 | $19.09M | $18.23M | 0.20% | -$869.3K |
| RB Global, Inc.(RBA) | 107,627 | 186,731 | +79,104 | $11.07M | $17.90M | 0.19% | +$6.83M |
| Strategy IncCL A(MSTR) | 139,377 | 139,253 | -124 | $21.18M | $17.38M | 0.19% | -$3.80M |
| Oshkosh Corporation(OSK) | 116,193 | 115,789 | -404 | $14.60M | $17.05M | 0.18% | +$2.45M |
| Vanguard Bd Index FdsVANGUARD ULTRA VANGUARD ULTRA | 342,542 | 339,054 | -3,488 | $17.07M | $16.88M | 0.18% | -$192.5K |
| Royalty Pharma plcCL A(RPRX) | 353,361 | 340,783 | -12,578 | $13.65M | $16.35M | 0.18% | +$2.69M |
| DigitalBridge Group, Inc.CL A(DBRHP) | 3,046,533 | 939,380 | -2,107,153 | $46.73M | $14.49M | 0.16% | -$32.25M |
| Triple Flag Precious Metals Corp.(TFPM) | 425,303 | 413,430 | -11,873 | $14.13M | $14.35M | 0.16% | +$221.6K |
| Royal Caribbean Group COM | 52,758 | 51,698 | -1,060 | $14.72M | $14.23M | 0.15% | -$489.0K |
| Interparfums, Inc.(IPAR) | 138,558 | 138,333 | -225 | $11.75M | $12.57M | 0.14% | +$812.3K |
| Howard Hughes Holdings Inc.(HHH) | 293,360 | 196,410 | -96,950 | $23.40M | $12.42M | 0.13% | -$10.98M |
| Royal Gold, Inc.(RGLD) | 94,876 | 47,142 | -47,734 | $21.09M | $12.00M | 0.13% | -$9.09M |
| The Williams Companies, Inc.(WMB) | 137,321 | 138,301 | +980 | $8.25M | $10.07M | 0.11% | +$1.81M |
| Mastercard IncorporatedCL A(MA) | 19,579 | 19,516 | -63 | $11.18M | $9.75M | 0.11% | -$1.43M |
| Brookfield Asset Management Ltd.CL A(BAM) | 190,473 | 189,571 | -902 | $9.98M | $8.43M | 0.09% | -$1.55M |
| Sabine Royalty TrustUNIT BEN INT(SBR) | 109,487 | 111,150 | +1,663 | $7.51M | $8.37M | 0.09% | +$866.5K |
| Liberty Energy Inc.CL A(LBRT) | 342,711 | 288,222 | -54,489 | $6.33M | $8.30M | 0.09% | +$1.97M |
| AllianceBernstein Holding L.P.UNIT LTD PARTN(AB) | 193,741 | 217,447 | +23,706 | $7.46M | $8.14M | 0.09% | +$686.1K |
| Energy Transfer LPCOM UT LTD PTN(ET) | 359,648 | 398,708 | +39,060 | $5.93M | $7.70M | 0.08% | +$1.76M |
| Madison Square Garden Sports Corp.CL A(MSGS) | 23,344 | 23,347 | +3 | $6.04M | $7.50M | 0.08% | +$1.47M |
| Natural Resource Partners L.P.COM UNIT LTD PAR(NRP) | 24,865 | 57,871 | +33,006 | $2.60M | $7.00M | 0.08% | +$4.41M |
| Western Midstream Partners, LPCOM UNIT LP INT(WES) | 134,085 | 169,744 | +35,659 | $5.30M | $6.99M | 0.08% | +$1.69M |
| Formula One GroupCOM LBTY ONE S C(FWONA) | 81,617 | 80,990 | -627 | $8.04M | $6.89M | 0.07% | -$1.15M |
| Exxon Mobil Corp | 38,580 | 39,692 | +1,112 | $4.64M | $6.73M | 0.07% | +$2.09M |
| Listed Fds TrHORZN KNTCS SPAC HORZN KNTCS SPAC | 71,954 | 71,954 | 0 | $6.52M | $6.53M | 0.07% | +$3.7K |
| Nasdaq, Inc.(NDAQ) | 70,822 | 70,706 | -116 | $6.88M | $6.00M | 0.07% | -$876.6K |
| Vanguard Scottsdale FdsSHORT TERM TREAS SHORT TERM TREAS | 110,086 | 98,748 | -11,338 | $6.47M | $5.78M | 0.06% | -$684.6K |
| Alps Etf TrALERIAN MLP ALERIAN MLP | 60,307 | 106,520 | +46,213 | $2.84M | $5.61M | 0.06% | +$2.77M |
| Ea Series TrustALPHA ARCH 1 3 ALPHA ARCH 1-3 | 0 | 47,475 | +47,475 | $0 | $5.52M | 0.06% | +$5.52M |
| Sphere Entertainment Co.CL A(SPHR) | 47,463 | 46,252 | -1,211 | $4.51M | $5.43M | 0.06% | +$917.2K |
| Freeport-McMoRan Inc.CL B(FCX) | 93,114 | 91,881 | -1,233 | $4.73M | $5.40M | 0.06% | +$671.5K |
| Listed Fds TrHORIZON KINETICS HORI KI INFL ETF | 98,980 | 100,352 | +1,372 | $4.40M | $5.22M | 0.06% | +$823.7K |
| Listed Fds TrHORIZON KINETICS HORI KI JAPA ETF | 182,317 | 227,765 | +45,448 | $4.69M | $5.16M | 0.06% | +$471.2K |
| Listed Fds TrHORZN KINTCS BL HORZN KINTCS BL | 156,000 | 166,055 | +10,055 | $4.71M | $5.10M | 0.06% | +$390.1K |
| Grayscale Bitcoin Cash TrustTRUST BCH(BCHG) | 1,486,851 | 1,487,241 | +390 | $6.42M | $4.98M | 0.05% | -$1.44M |
| Science Applications International Corporation(SAIC) | 52,662 | 50,581 | -2,081 | $5.30M | $4.80M | 0.05% | -$499.8K |
| Enterprise Products Partners L.P.(EPD) | 112,063 | 114,820 | +2,757 | $3.59M | $4.34M | 0.05% | +$752.0K |
| Archer Daniels Midland Co | 60,202 | 59,312 | -890 | $3.46M | $4.31M | 0.05% | +$850.4K |
| Consensus Mining & Seigniorage Corp Com | 0 | 164,593 | +164,593 | $0 | $4.28M | 0.05% | +$4.28M |
| AbbVie Inc.(ABBV) | 19,541 | 19,209 | -332 | $4.46M | $4.18M | 0.05% | -$287.2K |
| Markel Group Inc.(MKL) | 2,102 | 2,102 | 0 | $4.52M | $4.02M | 0.04% | -$495.1K |
| Tri Pointe Homes Inc COM | 85,962 | 85,966 | +4 | $2.71M | $4.02M | 0.04% | +$1.31M |
| Nutrien Ltd.(NTR) | 51,872 | 51,224 | -648 | $3.20M | $3.87M | 0.04% | +$663.8K |
| Johnson & Johnson(JNJ) | 15,949 | 15,709 | -240 | $3.30M | $3.84M | 0.04% | +$539.3K |
| Costamare Inc.SHS(CMRE) | 221,950 | 221,850 | -100 | $3.50M | $3.75M | 0.04% | +$244.7K |
| Suncor Energy Inc.(SU) | 54,777 | 56,237 | +1,460 | $2.43M | $3.72M | 0.04% | +$1.29M |
| Eli Lilly and Company(LLY) | 4,106 | 3,965 | -141 | $4.41M | $3.65M | 0.04% | -$765.7K |
| Broadridge Financial Solutions, Inc.(BR) | 20,423 | 22,176 | +1,753 | $4.56M | $3.60M | 0.04% | -$954.6K |
| Merck & Co., Inc.(MRK) | 28,147 | 28,383 | +236 | $2.96M | $3.41M | 0.04% | +$451.5K |
| Nuveen Amt Free Qlty Mun Inc | 295,249 | 296,306 | +1,057 | $3.43M | $3.33M | 0.04% | -$106.2K |
| Philip Morris International Inc.(PM) | 19,851 | 19,734 | -117 | $3.18M | $3.26M | 0.04% | +$78.8K |
| Eagle Materials Inc.(EXP) | 16,743 | 16,865 | +122 | $3.46M | $3.20M | 0.03% | -$265.4K |
| KLA Corporation(KLAC) | 2,845 | 2,158 | -687 | $3.46M | $3.18M | 0.03% | -$279.4K |
| L3Harris Technologies, Inc.(LHX) | 9,388 | 9,153 | -235 | $2.76M | $3.16M | 0.03% | +$403.2K |
| Fermi Inc.(FRMI) | 108,701 | 532,426 | +423,725 | $869.6K | $3.11M | 0.03% | +$2.24M |
| RENN Fund, Inc.(RCG) | 865,948 | 912,064 | +46,116 | $2.23M | $2.99M | 0.03% | +$766.1K |
| Caterpillar Inc.(CAT) | 4,617 | 4,117 | -500 | $2.64M | $2.92M | 0.03% | +$271.8K |
| Cisco Systems, Inc.(CSCO) | 38,941 | 37,491 | -1,450 | $3.00M | $2.91M | 0.03% | -$90.7K |
| Chevron Corporation(CVX) | 13,328 | 14,018 | +690 | $2.03M | $2.90M | 0.03% | +$869.0K |
| Alliance Resource Partners, L.P.UT LTD PART(ARLP) | 64,141 | 104,709 | +40,568 | $1.49M | $2.90M | 0.03% | +$1.41M |
| Patterson-UTI Energy, Inc.(PTEN) | 258,608 | 258,608 | 0 | $1.58M | $2.80M | 0.03% | +$1.22M |
| Vertiv Holdings CoCL A(VRT) | 11,025 | 11,025 | 0 | $1.79M | $2.76M | 0.03% | +$976.5K |
| Bristol-Myers Squibb Company(BMY) | 45,110 | 44,706 | -404 | $2.43M | $2.71M | 0.03% | +$278.2K |
| EQT Corporation(EQT) | 41,253 | 42,521 | +1,268 | $2.21M | $2.71M | 0.03% | +$494.9K |