Fund HoldingsMAD RIVER INVESTORS

Total Portfolio Value
$236.05M
Total Bought
$22.64M
Total Sold
$41.11M
Net Transaction
-$18.48M
Filing Period:
Securities
SharesValue ($K)
Q4 2024
Q1 2025
Change
Q4 2024
Q1 2025
Weight (%)
Change
TEXAS PACIFIC LAND CORPORATI(TPL)95,93895,183-755106,103126,11653.43%+20,013
HAWAIIAN ELEC INDUSTRIES(HE)120,3001,215,900+1,095,6001,17113,3145.64%+12,144
WHEATON PRECIOUS METALS CORP(WPM)147,493147,793+3008,29511,4734.86%+3,178
ARIS WATER SOLUTIONS INC074,900+74,90002,4001.02%+2,400
PERMIAN BASIN RTY TR(PBT)246,293471,693+225,4002,7294,6741.98%+1,946
LANDBRIDGE COMPANY LLC(LB)233,452234,253+80115,08116,8527.14%+1,771
FRANCO NEV CORP(FNV)32,35127,802-4,5493,8044,3801.86%+576
CBOE GLOBAL MKTS INC(CBOE)6,2056,215+101,2121,4060.60%+194
INTERCONTINENTAL EXCHANGE IN(ICE)7,4707,520+501,1131,2970.55%+184
INVESCO EXCHANGE TRADED FD T
S&P500 EQL WGT
1,5081,50802642610.11%-3
DISNEY WALT CO(DIS)2,4002,40002672370.10%-30
RENN FD INC28,0000-28,000620-62
VANGUARD INDEX FDS12,12212,12203,5133,3321.41%-181
RLI CORP(RLI)5,5009,000+3,5009077230.31%-184
MESABI TR294,901296,457+1,5568,2908,0643.42%-226
ISHARES TR7,7470-7,7474040-404
GRAYSCALE BITCOIN MINI TR ET(BTC)78,08678,286+2003,2692,8571.21%-413
TEJON RANCH CO27,7990-27,7994420-442
SANDSTORM GOLD LTD183,09964,364-118,7351,0224860.21%-536
VANGUARD SPECIALIZED FUNDS9,0656,200-2,8651,7751,2030.51%-572
FIDELITY WISE ORIGIN BITCOIN(FBTC)76,29875,053-1,2456,2245,4022.29%-823
EAGLE MATLS INC(EXP)5,3762,106-3,2701,3264670.20%-859
CARNIVAL CORP192,896188,096-4,8004,8073,6741.56%-1,133
BERKSHIRE HATHAWAY INC DEL6,7251,900-4,8253,0481,0120.43%-2,036
CIVEO CORP CDA216,76679,497-137,2694,9251,8280.77%-3,096
GRAYSCALE BITCOIN TRUST ETF(GBTC)385,806372,481-13,32528,55724,27510.28%-4,283
CACI INTL INC(CACI)16,310855-15,4556,5903140.13%-6,276
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