Fund HoldingsMAD RIVER INVESTORS

Total Portfolio Value
$223.18M
Total Bought
$8.18M
Total Sold
$39.89M
Net Transaction
-$31.71M
Filing Period:
Securities
SharesValue ($K)
Q1 2025
Q2 2025
Change
Q1 2025
Q2 2025
Weight (%)
Change
GRAYSCALE BITCOIN TRUST ETF(GBTC)372,481372,381-10024,27531,58914.15%+7,314
PERMIAN BASIN RTY TR(PBT)471,693883,917+412,2244,67411,0144.93%+6,339
CARNIVAL CORP188,096183,796-4,3003,6745,1682.32%+1,495
FIDELITY WISE ORIGIN BITCOIN(FBTC)75,05373,261-1,7925,4026,8863.09%+1,484
GRAYSCALE BITCOIN MINI TR ET(BTC)78,28678,28602,8573,7381.67%+882
VANGUARD INDEX FDS12,12212,12203,3323,6841.65%+353
CBOE GLOBAL MKTS INC(CBOE)6,2156,680+4651,4061,5580.70%+151
INTERCONTINENTAL EXCHANGE IN(ICE)7,5207,695+1751,2971,4120.63%+115
PERMIAN BASIN RTY TR(PBT)(Call)0000100+100
CACI INTL INC(CACI)85585503144080.18%+94
VANGUARD SPECIALIZED FUNDS6,2006,20001,2031,2690.57%+66
INVESCO EXCHANGE TRADED FD T
S&P500 EQL WGT
1,5081,50802612740.12%+13
SANDSTORM GOLD LTD64,36448,674-15,6904864580.21%-28
RLI CORP(RLI)9,0007,500-1,5007235420.24%-181
EAGLE MATLS INC(EXP)2,1061,231-8754672490.11%-219
DISNEY WALT CO(DIS)2,4000-2,4002370-237
CIVEO CORP CDA79,49767,938-11,5591,8281,5690.70%-260
HAWAIIAN ELEC INDUSTRIES(HE)1,215,9001,225,900+10,00013,31413,0315.84%-283
ARIS WATER SOLUTIONS INC74,90088,500+13,6002,4002,0930.94%-307
FRANCO NEV CORP(FNV)27,80224,053-3,7494,3803,9431.77%-438
BERKSHIRE HATHAWAY INC DEL1,9001,175-7251,0125710.26%-441
MESABI TR296,457295,413-1,0448,0647,0783.17%-986
LANDBRIDGE COMPANY LLC(LB)234,253234,754+50116,85215,8657.11%-987
WHEATON PRECIOUS METALS CORP(WPM)147,793115,925-31,86811,47310,4104.66%-1,063
TEXAS PACIFIC LAND CORPORATI(TPL)95,18395,013-170126,116100,37144.97%-25,745
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