Securities ▲▼ | Shares | Value | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| Texas Pacific Land Corporation(TPL) | 3,577,531 | 3,504,692 | -72,839 | $3.78B | $3.27B | 39.90% | -$507.15M |
| Grayscale Bitcoin Trust ETFSHS REP COM UT(GBTC) | 14,551,191 | 14,181,200 | -369,991 | $1.23B | $1.27B | 15.52% | +$38.67M |
| Wheaton Precious Metals Corp.(WPM) | 2,985,486 | 2,792,112 | -193,374 | $268.10M | $312.27M | 3.81% | +$44.17M |
| LandBridge CorporationCL A(LB) | 5,498,925 | 5,632,113 | +133,188 | $371.62M | $300.47M | 3.66% | -$71.14M |
| Franco-Nevada Corporation(FNV) | 1,043,546 | 1,012,362 | -31,184 | $171.06M | $225.67M | 2.75% | +$54.61M |
| Hawaiian Electric Industries, Inc.(HE) | 16,281,709 | 18,257,717 | +1,976,008 | $173.07M | $201.57M | 2.46% | +$28.49M |
| WaterBridge Infrastructure LLCCL A(WBI) | 0 | 6,354,306 | +6,354,306 | $0 | $160.26M | 1.95% | +$160.26M |
| Grayscale Bitcoin Mini Trust ETFSHS NEW(BTC) | 3,072,369 | 3,000,467 | -71,902 | $146.71M | $151.91M | 1.85% | +$5.21M |
| Intercontinental Exchange, Inc.(ICE) | 831,758 | 831,061 | -697 | $152.60M | $140.02M | 1.71% | -$12.59M |
| Permian Basin Royalty TrustUNIT BEN INT(PBT) | 5,839,825 | 6,099,049 | +259,224 | $72.76M | $111.31M | 1.36% | +$38.54M |
| Cheniere Energy, Inc.(LNG) | 484,912 | 472,959 | -11,953 | $118.09M | $111.14M | 1.36% | -$6.95M |
| Cboe Global Markets, Inc.(CBOE) | 412,717 | 409,459 | -3,258 | $96.25M | $100.42M | 1.22% | +$4.17M |
| Mesabi TrustCTF BEN INT(MSB) | 2,960,590 | 2,999,326 | +38,736 | $70.94M | $87.79M | 1.07% | +$16.85M |
| CACI International IncCL A(CACI) | 161,672 | 160,665 | -1,007 | $77.07M | $80.14M | 0.98% | +$3.07M |
| Brookfield CorporationCL A(BN) | 1,173,001 | 1,649,271 | +476,270 | $72.55M | $75.40M | 0.92% | +$2.85M |
| CME Group Inc.(CME) | 127,398 | 276,773 | +149,375 | $35.11M | $74.78M | 0.91% | +$39.67M |
| OR Royalties Inc.(OR) | 1,817,501 | 1,823,650 | +6,149 | $46.73M | $73.09M | 0.89% | +$26.36M |
| Viper Energy, Inc.CL A(VNOM) | 0 | 1,721,927 | +1,721,927 | $0 | $65.81M | 0.80% | +$65.81M |
| Civeo Corporation(CVEO) | 2,881,033 | 2,690,466 | -190,567 | $66.52M | $61.88M | 0.75% | -$4.64M |
| AutoNation, Inc.(AN) | 261,774 | 259,335 | -2,439 | $52.00M | $56.73M | 0.69% | +$4.73M |
| Cameco Corporation(CCJ) | 675,700 | 676,032 | +332 | $50.16M | $56.69M | 0.69% | +$6.53M |
| Miami International Holdings, Inc.(MIAX) | 0 | 1,382,403 | +1,382,403 | $0 | $55.66M | 0.68% | +$55.66M |
| iShares Bitcoin Trust ETFSHS BEN INT(IBIT) | 961,927 | 826,901 | -135,026 | $58.88M | $53.75M | 0.66% | -$5.13M |
| Strategy IncCL A(MSTR) | 145,499 | 138,488 | -7,011 | $58.82M | $44.62M | 0.54% | -$14.19M |
| Galaxy DigitalCL A(GLXY) | 1,364,267 | 1,253,870 | -110,397 | $29.88M | $42.39M | 0.52% | +$12.52M |
| Horizon Kinetics Holding Corporation(HKHC) | 16,363 | 1,075,161 | +1,058,798 | $703.6K | $40.54M | 0.49% | +$39.84M |
| DigitalBridge Group, Inc.CL A(DBRHP) | 3,617,965 | 3,286,397 | -331,568 | $37.45M | $38.45M | 0.47% | +$1.00M |
| San Juan Basin Royalty TrustUNIT BEN INT(SJT) | 4,594,502 | 5,611,981 | +1,017,479 | $27.48M | $33.90M | 0.41% | +$6.42M |
| Marsh & McLennan Companies, Inc.(MRSH) | 156,787 | 157,219 | +432 | $34.28M | $31.68M | 0.39% | -$2.60M |
| Tejon Ranch Co.(TRC) | 1,647,497 | 1,913,978 | +266,481 | $27.94M | $30.59M | 0.37% | +$2.64M |
| Penske Automotive Group, Inc.(PAG) | 171,327 | 170,610 | -717 | $29.44M | $29.67M | 0.36% | +$235.0K |
| Bunge Global SA(BG) | 351,309 | 350,083 | -1,226 | $28.20M | $28.44M | 0.35% | +$241.1K |
| Live Nation Entertainment, Inc.(LYV) | 311,116 | 172,112 | -139,004 | $47.07M | $28.12M | 0.34% | -$18.94M |
| Carnival CorpUNIT 99 99 9999 | 969,428 | 961,734 | -7,694 | $27.26M | $27.80M | 0.34% | +$543.4K |
| The St. Joe Company(JOE) | 555,891 | 555,729 | -162 | $26.52M | $27.50M | 0.34% | +$981.5K |
| Associated Cap Group IncCL A | 866,379 | 805,348 | -61,031 | $32.49M | $27.00M | 0.33% | -$5.49M |
| Howard Hughes Holdings Inc.(HHH) | 416,373 | 306,248 | -110,125 | $28.11M | $25.16M | 0.31% | -$2.94M |
| Dorchester Minerals, L.P.COM UNIT(DMLP) | 916,849 | 885,615 | -31,234 | $25.54M | $22.93M | 0.28% | -$2.61M |
| White Mtns Ins Group Ltd COM | 10,971 | 13,084 | +2,113 | $19.70M | $21.87M | 0.27% | +$2.17M |
| Berkshire Hathaway Inc DelCL B | 42,526 | 40,349 | -2,177 | $20.66M | $20.29M | 0.25% | -$372.8K |
| West Fraser Timber Co. Ltd.(WFG) | 304,838 | 296,006 | -8,832 | $22.34M | $20.12M | 0.25% | -$2.22M |
| Sprott Inc.(SII) | 212,898 | 214,814 | +1,916 | $14.71M | $17.87M | 0.22% | +$3.16M |
| Royal Caribbean Group COM | 56,172 | 54,033 | -2,139 | $17.59M | $17.48M | 0.21% | -$105.7K |
| Sandstorm Gold Ltd | 3,644,651 | 1,274,954 | -2,369,697 | $34.26M | $15.96M | 0.19% | -$18.30M |
| Oshkosh Corporation(OSK) | 124,206 | 116,700 | -7,506 | $14.10M | $15.14M | 0.18% | +$1.03M |
| Interparfums, Inc.(IPAR) | 139,780 | 138,817 | -963 | $18.35M | $13.66M | 0.17% | -$4.70M |
| Vanguard Bd Index FdsVANGUARD ULTRA VANGUARD ULTRA | 362,083 | 263,822 | -98,261 | $18.06M | $13.19M | 0.16% | -$4.87M |
| Royal Gold, Inc.(RGLD) | 72,892 | 63,820 | -9,072 | $12.96M | $12.80M | 0.16% | -$162.0K |
| Royalty Pharma plcCL A(RPRX) | 353,471 | 354,685 | +1,214 | $12.74M | $12.51M | 0.15% | -$222.3K |
| RB Global, Inc.(RBA) | 110,030 | 109,696 | -334 | $11.68M | $11.89M | 0.14% | +$202.6K |
| Mastercard IncorporatedCL A(MA) | 19,957 | 19,630 | -327 | $11.21M | $11.17M | 0.14% | -$48.9K |
| Bakkt, Inc.CL A(BKKT) | 335,279 | 328,529 | -6,750 | $4.68M | $11.06M | 0.13% | +$6.38M |
| Brookfield Asset Management Ltd.CL A(BAM) | 213,573 | 190,647 | -22,926 | $11.81M | $10.86M | 0.13% | -$950.8K |
| The Williams Companies, Inc.(WMB) | 171,915 | 141,934 | -29,981 | $10.80M | $8.99M | 0.11% | -$1.81M |
| Formula One GroupCOM LBTY ONE S C(FWONA) | 89,065 | 84,345 | -4,720 | $9.31M | $8.81M | 0.11% | -$497.5K |
| Sabine Royalty TrustUNIT BEN INT(SBR) | 109,521 | 109,410 | -111 | $7.30M | $8.69M | 0.11% | +$1.39M |
| Listed Fds TrHORZN KNTCS SPAC HORZN KNTCS SPAC | 113,124 | 76,904 | -36,220 | $11.85M | $8.01M | 0.10% | -$3.84M |
| Vanguard Scottsdale FdsSHORT TERM TREAS SHORT TERM TREAS | 237,388 | 124,996 | -112,392 | $13.95M | $7.36M | 0.09% | -$6.60M |
| AllianceBernstein Holding L.P.UNIT LTD PARTN(AB) | 164,892 | 188,256 | +23,364 | $6.73M | $7.20M | 0.09% | +$462.6K |
| Grayscale Bitcoin Cash TrustTRUST BCH(BCHG) | 1,541,264 | 1,487,494 | -53,770 | $5.95M | $6.62M | 0.08% | +$670.1K |
| Energy Transfer LPCOM UT LTD PTN(ET) | 439,947 | 369,535 | -70,412 | $7.98M | $6.34M | 0.08% | -$1.64M |
| Nasdaq, Inc.(NDAQ) | 69,496 | 69,970 | +474 | $6.21M | $6.19M | 0.08% | -$25.5K |
| Aris Water Solutions IncCL A | 2,095,604 | 222,429 | -1,873,175 | $49.56M | $5.49M | 0.07% | -$44.08M |
| Madison Square Garden Sports Corp.CL A(MSGS) | 24,838 | 23,724 | -1,114 | $5.19M | $5.39M | 0.07% | +$195.4K |
| Science Applications International Corporation(SAIC) | 53,005 | 53,138 | +133 | $5.97M | $5.28M | 0.06% | -$688.6K |
| Exxon Mobil Corp | 54,253 | 45,610 | -8,643 | $5.85M | $5.14M | 0.06% | -$705.9K |
| Listed Fds TrHORIZON KINETICS HORI KI JAPA ETF | 15,691 | 169,748 | +154,057 | $440.0K | $4.78M | 0.06% | +$4.34M |
| AbbVie Inc.(ABBV) | 23,710 | 20,353 | -3,357 | $4.40M | $4.71M | 0.06% | +$311.5K |
| Listed Fds TrHORZN KINTCS BL HORZN KINTCS BL | 150,778 | 148,241 | -2,537 | $4.70M | $4.68M | 0.06% | -$24.5K |
| Markel Group Inc.(MKL) | 2,416 | 2,407 | -9 | $4.82M | $4.60M | 0.06% | -$224.9K |
| Listed Fds TrHORIZON KINETICS HORI KI INFL ETF | 102,956 | 101,299 | -1,657 | $4.34M | $4.53M | 0.06% | +$185.9K |
| Grayscale Litecoin TrustTRUST LTC SHS(LTCN) | 542,478 | 497,743 | -44,735 | $3.61M | $4.38M | 0.05% | +$767.7K |
| Eagle Materials Inc.(EXP) | 20,161 | 18,766 | -1,395 | $4.07M | $4.37M | 0.05% | +$298.5K |
| Liberty Energy Inc.CL A(LBRT) | 149,428 | 346,826 | +197,398 | $1.72M | $4.28M | 0.05% | +$2.56M |
| The Wendy's Company(WEN) | 699,342 | 466,421 | -232,921 | $7.99M | $4.27M | 0.05% | -$3.71M |
| Archer Daniels Midland Co | 505,969 | 67,383 | -438,586 | $26.71M | $4.03M | 0.05% | -$22.68M |
| Enterprise Products Partners L.P.(EPD) | 162,451 | 127,373 | -35,078 | $5.04M | $3.98M | 0.05% | -$1.05M |
| S&P Global Inc.(SPGI) | 10,186 | 8,112 | -2,074 | $5.37M | $3.95M | 0.05% | -$1.42M |
| Microsoft Corporation(MSFT) | 11,851 | 7,482 | -4,369 | $5.89M | $3.88M | 0.05% | -$2.02M |
| Freeport-McMoRan Inc.CL B(FCX) | 142,847 | 97,381 | -45,466 | $6.19M | $3.82M | 0.05% | -$2.37M |
| Formula One GroupCOM LBTY ONE S A(FWONA) | 40,236 | 37,756 | -2,480 | $3.82M | $3.60M | 0.04% | -$225.7K |
| Broadridge Financial Solutions, Inc.(BR) | 7,761 | 15,048 | +7,287 | $1.89M | $3.58M | 0.04% | +$1.70M |
| KLA Corporation(KLAC) | 4,776 | 3,251 | -1,525 | $4.28M | $3.51M | 0.04% | -$771.5K |
| Philip Morris International Inc.(PM) | 35,214 | 21,014 | -14,200 | $6.41M | $3.41M | 0.04% | -$3.01M |
| Nuveen Amt Free Qlty Mun Inc | 339,465 | 297,264 | -42,201 | $3.71M | $3.39M | 0.04% | -$321.1K |
| Eli Lilly and Company(LLY) | 4,106 | 4,247 | +141 | $3.20M | $3.24M | 0.04% | +$39.7K |
| FitLife Brands, Inc.(FTLF) | 154,456 | 154,456 | 0 | $2.01M | $3.07M | 0.04% | +$1.06M |
| Sphere Entertainment Co.CL A(SPHR) | 53,825 | 49,391 | -4,434 | $2.25M | $3.07M | 0.04% | +$818.3K |
| Nutrien Ltd.(NTR) | 66,245 | 51,926 | -14,319 | $3.86M | $3.05M | 0.04% | -$809.6K |
| Johnson & Johnson(JNJ) | 19,302 | 16,180 | -3,122 | $2.95M | $3.00M | 0.04% | +$51.7K |
| L3Harris Technologies, Inc.(LHX) | 16,050 | 9,808 | -6,242 | $4.03M | $3.00M | 0.04% | -$1.03M |
| Tri Pointe Homes Inc COM | 86,162 | 85,962 | -200 | $2.75M | $2.92M | 0.04% | +$167.3K |
| Alps Etf TrALERIAN MLP ALERIAN MLP | 61,357 | 59,674 | -1,683 | $3.00M | $2.80M | 0.03% | -$197.4K |
| WisdomTree, Inc.(WT) | 198,772 | 201,038 | +2,266 | $2.29M | $2.79M | 0.03% | +$506.6K |
| Cisco Systems, Inc.(CSCO) | 56,641 | 40,691 | -15,950 | $3.93M | $2.78M | 0.03% | -$1.15M |
| Fidelity National Financial, Inc.(FNF) | 58,461 | 45,221 | -13,240 | $3.28M | $2.74M | 0.03% | -$541.9K |
| Costamare Inc.SHS(CMRE) | 331,100 | 227,100 | -104,000 | $3.02M | $2.70M | 0.03% | -$311.6K |
| Altria Group, Inc.(MO) | 63,147 | 40,657 | -22,490 | $3.70M | $2.69M | 0.03% | -$1.02M |
| Suncor Energy Inc.(SU) | 77,944 | 61,944 | -16,000 | $2.92M | $2.59M | 0.03% | -$329.1K |
| Natural Resource Partners L.P.COM UNIT LTD PAR(NRP) | 19,123 | 24,580 | +5,457 | $1.83M | $2.58M | 0.03% | +$754.5K |