Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| Alphabet Inc. Class C(GOOG) | 516,567 | 525,640 | +9,073 | 125,810 | 164,946 | 5.60% | +39,136 |
| Citigroup Inc.(C) | 1,199,528 | 1,222,746 | +23,218 | 121,752 | 142,682 | 4.85% | +20,930 |
| Freeport-McMoRan, Inc.(FCX) | 1,527,260 | 1,581,426 | +54,166 | 59,899 | 80,321 | 2.73% | +20,421 |
| Warrior Met Coal, Inc.(HCC) | 648,608 | 667,638 | +19,030 | 41,277 | 58,866 | 2.00% | +17,588 |
| CENOVUS ENERGY INC.(CVE) | 0 | 929,155 | +929,155 | 0 | 15,721 | 0.53% | +15,721 |
| Cemex SAB de CV Sponsored ADR(CX) | 4,854,808 | 4,791,452 | -63,356 | 43,645 | 55,054 | 1.87% | +11,409 |
| Alcoa Corporation(AA) | 536,903 | 534,149 | -2,754 | 17,659 | 28,385 | 0.96% | +10,726 |
| Delta Air Lines, Inc.(DAL) | 515,811 | 529,900 | +14,089 | 29,272 | 36,775 | 1.25% | +7,503 |
| Royalty Pharma Plc Class A(RPRX) | 170,604 | 326,054 | +155,450 | 6,019 | 12,599 | 0.43% | +6,580 |
| Synchrony Financial(SYF) | 766,146 | 729,462 | -36,684 | 54,435 | 60,859 | 2.07% | +6,424 |
| Seadrill Ltd(SDRL) | 622,975 | 714,150 | +91,175 | 18,820 | 24,710 | 0.84% | +5,890 |
| Ryanair Holdings Plc Sponsored ADR(RYAAY) | 493,055 | 484,696 | -8,359 | 29,692 | 34,990 | 1.19% | +5,298 |
| American Airlines Group Inc.(AAL) | 1,265,840 | 1,259,297 | -6,543 | 14,228 | 19,305 | 0.66% | +5,077 |
| Berkshire Hathaway Inc. Class B | 146,170 | 156,081 | +9,911 | 73,486 | 78,454 | 2.67% | +4,969 |
| Steel Dynamics, Inc.(STLD) | 164,027 | 163,557 | -470 | 22,870 | 27,715 | 0.94% | +4,844 |
| Micron Technology, Inc.(MU) | 621,943 | 381,561 | -240,382 | 104,064 | 108,901 | 3.70% | +4,838 |
| Amazon.com, Inc.(AMZN) | 423,880 | 424,002 | +122 | 93,071 | 97,868 | 3.32% | +4,797 |
| Elevance Health, Inc.(ELV) | 142,382 | 144,548 | +2,166 | 46,006 | 50,671 | 1.72% | +4,665 |
| Core Natural Resources Inc(CNR) | 22,374 | 69,689 | +47,315 | 1,868 | 6,168 | 0.21% | +4,300 |
| Broadcom Inc.(AVGO) | 116,768 | 122,698 | +5,930 | 38,523 | 42,466 | 1.44% | +3,943 |
| American Express Company(AXP) | 242,103 | 226,984 | -15,119 | 80,417 | 83,973 | 2.85% | +3,556 |
| Alpha Metallurgical Resources, Inc. | 75,006 | 79,313 | +4,307 | 12,308 | 15,853 | 0.54% | +3,545 |
| Loma Negra Cia Industrial Arge | 0 | 642,012 | +642,012 | 0 | 8,314 | 0.28% | +8,314 |
| Morgan Stanley(MS) | 192,026 | 191,505 | -521 | 30,524 | 33,998 | 1.15% | +3,473 |
| LyondellBasell Industries NV SHS - A - | 595,587 | 752,903 | +157,316 | 29,208 | 32,601 | 1.11% | +3,393 |
| Valaris Ltd.(VAL) | 247,391 | 299,669 | +52,278 | 12,065 | 15,103 | 0.51% | +3,038 |
| Corning Inc(GLW) | 445,240 | 450,536 | +5,296 | 36,523 | 39,449 | 1.34% | +2,926 |
| Noble Corporation PLC Class A(NE) | 1,036,851 | 1,140,328 | +103,477 | 29,322 | 32,203 | 1.09% | +2,881 |
| Applied Materials, Inc. | 51,604 | 51,357 | -247 | 10,565 | 13,198 | 0.45% | +2,633 |
| Ferroglobe PLC(GSM) | 10,874,422 | 11,215,616 | +341,194 | 49,479 | 52,040 | 1.77% | +2,562 |
| Lam Research Corporation(LRCX) | 160,155 | 138,487 | -21,668 | 21,445 | 23,706 | 0.81% | +2,261 |
| Cresud SA Sponsored ADR | 0 | 621,279 | +621,279 | 0 | 7,847 | 0.27% | +7,847 |
| Capital One Financial Corp(COF) | 0 | 240,535 | +240,535 | 0 | 58,296 | 1.98% | +58,296 |
| Lesaka Technologies, Inc. | 2,729,205 | 2,733,270 | +4,065 | 11,326 | 13,038 | 0.44% | +1,711 |
| Tidewater Inc(TDW) | 584,910 | 650,785 | +65,875 | 31,193 | 32,871 | 1.12% | +1,678 |
| International Seaways, Inc.(INSW) | 689,031 | 686,955 | -2,076 | 31,751 | 33,352 | 1.13% | +1,601 |
| Vista Energy Sab DE CV Sponsored ADR Class A(VIST) | 0 | 113,245 | +113,245 | 0 | 5,511 | 0.19% | +5,511 |
| Himalaya Shipping Ltd | 1,917,876 | 1,894,425 | -23,451 | 15,784 | 17,239 | 0.59% | +1,455 |
| Citizens Financial Group, Inc.(CFG) | 288,128 | 286,661 | -1,467 | 15,317 | 16,744 | 0.57% | +1,427 |
| CBRE Group, Inc. Class A(CBRE) | 563,555 | 560,864 | -2,691 | 88,794 | 90,181 | 3.06% | +1,388 |
| Credicorp Ltd.(BAP) | 79,651 | 78,697 | -954 | 21,209 | 22,586 | 0.77% | +1,377 |
| Millicom International Cellular COM STK | 0 | 354,623 | +354,623 | 0 | 19,660 | 0.67% | +19,660 |
| Transocean Ltd.(RIG) | 1,077,922 | 1,130,657 | +52,735 | 3,363 | 4,670 | 0.16% | +1,306 |
| Seagate Technology Holdings PLC ORD SHS | 109,280 | 98,152 | -11,128 | 25,797 | 27,030 | 0.92% | +1,233 |
| MGM Resorts International(MGM) | 733,577 | 729,815 | -3,762 | 25,426 | 26,631 | 0.90% | +1,205 |
| Bio-Rad Laboratories, Inc. Class A | 54,127 | 53,968 | -159 | 15,177 | 16,352 | 0.56% | +1,175 |
| Bank of America Corp | 1,194,574 | 1,140,892 | -53,682 | 61,628 | 62,749 | 2.13% | +1,121 |
| Charles Schwab Corp(SCHW) | 275,077 | 273,683 | -1,394 | 26,262 | 27,344 | 0.93% | +1,082 |
| EPAM Systems, Inc.(EPAM) | 20,097 | 20,009 | -88 | 3,030 | 4,099 | 0.14% | +1,069 |
| TopBuild Corp. | 35,892 | 35,785 | -107 | 14,029 | 14,929 | 0.51% | +900 |
| Coca-Cola FEMSA SAB de CV Sponsored ADR Class L(KOF) | 0 | 81,341 | +81,341 | 0 | 7,704 | 0.26% | +7,704 |
| Microchip Technology Incorporated(MCHP) | 0 | 240,169 | +240,169 | 0 | 15,304 | 0.52% | +15,304 |
| DHT Holdings, Inc.(DHT) | 3,605,937 | 3,593,075 | -12,862 | 43,091 | 43,871 | 1.49% | +780 |
| Liberty Live Holdings Inc C(LLYVA) | 0 | 7,894 | +7,894 | 0 | 656 | 0.02% | +656 |
| Quaker Houghton(KWR) | 115,165 | 114,794 | -371 | 15,173 | 15,762 | 0.54% | +589 |
| Liberty Live Holdings Inc A(LLYVA) | 0 | 5,505 | +5,505 | 0 | 449 | 0.02% | +449 |
| Texas Pacific Land Corporation(TPL) | 0 | 37,470 | +37,470 | 0 | 10,762 | 0.37% | +10,762 |
| Loews Corporation(L) | 91,618 | 91,178 | -440 | 9,198 | 9,602 | 0.33% | +404 |
| CRH Plc ORD | 82,976 | 82,739 | -237 | 9,949 | 10,326 | 0.35% | +377 |
| Exxon Mobil Corporation | 49,968 | 49,840 | -128 | 5,634 | 5,998 | 0.20% | +364 |
| Permian Basin Royalty Trust(PBT) | 307,453 | 346,683 | +39,230 | 5,611 | 5,887 | 0.20% | +276 |
| QUALCOMM Incorporated(QCOM) | 68,185 | 67,848 | -337 | 11,343 | 11,605 | 0.39% | +262 |
| Nu Holdings Ltd. Class A(NU) | 913,303 | 889,056 | -24,247 | 14,622 | 14,883 | 0.51% | +261 |
| Visa Inc. Class A(V) | 31,062 | 30,919 | -143 | 10,604 | 10,844 | 0.37% | +240 |
| Taiwan Semiconductor Manufacturing Co., Ltd. Spons(TSM) | 26,715 | 25,129 | -1,586 | 7,461 | 7,636 | 0.26% | +175 |
| Copa Holdings, S.A. Class A(CPA) | 66,229 | 65,442 | -787 | 7,869 | 7,893 | 0.27% | +24 |
| FirstCash Holdings, Inc.(FCFS) | 56,226 | 55,971 | -255 | 8,907 | 8,921 | 0.30% | +13 |
| Diana Shipping Inc Warrant | 419,638 | 419,638 | 0 | 41 | 34 | 0.00% | -6 |
| Liberty Media Corp. Series A Liberty Formula One(FWONA) | 4,551 | 4,551 | 0 | 433 | 407 | 0.01% | -27 |
| KT Corporation Sponsored ADR(KT) | 34,611 | 33,382 | -1,229 | 675 | 633 | 0.02% | -42 |
| Diana Shipping Inc. | 1,937,625 | 1,928,255 | -9,370 | 3,255 | 3,201 | 0.11% | -54 |
| Liberty Latin America Ltd. Class A(LILA) | 69,484 | 69,508 | +24 | 576 | 514 | 0.02% | -62 |
| Funko, Inc. Class A | 1,410,762 | 1,406,226 | -4,536 | 4,853 | 4,781 | 0.16% | -72 |
| Corteva Inc(CTVA) | 88,439 | 88,024 | -415 | 5,981 | 5,900 | 0.20% | -81 |
| Thor Industries, Inc.(THO) | 64,969 | 64,796 | -173 | 6,737 | 6,653 | 0.23% | -84 |
| Liberty Latin America Ltd. Class C(LILA) | 93,299 | 93,335 | +36 | 787 | 696 | 0.02% | -91 |
| Chevron Corporation(CVX) | 38,595 | 38,498 | -97 | 5,993 | 5,867 | 0.20% | -126 |
| Walt Disney Company(DIS) | 0 | 102,717 | +102,717 | 0 | 11,686 | 0.40% | +11,686 |
| Montauk Renewables, Inc. | 395,948 | 396,250 | +302 | 796 | 662 | 0.02% | -134 |
| Liberty Sirius Xm Holdings Inc(SIRI) | 40,859 | 40,777 | -82 | 951 | 815 | 0.03% | -136 |
| Vitesse Energy, Inc. | 34,296 | 34,309 | +13 | 797 | 661 | 0.02% | -136 |
| Liberty Broadband Corp. Class C(LBRDA) | 9,676 | 9,658 | -18 | 615 | 469 | 0.02% | -145 |
| ConocoPhillips(COP) | 283,637 | 282,352 | -1,285 | 26,829 | 26,431 | 0.90% | -398 |
| Union Pacific Corporation(UNP) | 68,786 | 68,445 | -341 | 16,259 | 15,833 | 0.54% | -426 |
| MBIA Inc. | 1,552,022 | 1,546,452 | -5,570 | 11,563 | 11,073 | 0.38% | -490 |
| Caesars Entertainment Inc(CZR) | 139,858 | 139,475 | -383 | 3,780 | 3,262 | 0.11% | -517 |
| Liberty Media Corp. Series A Liberty Live | 5,506 | 0 | -5,506 | 519 | 0 | — | -519 |
| Liberty Media Corp. Series C Liberty Formula One(FWONA) | 91,534 | 91,319 | -215 | 9,561 | 8,996 | 0.31% | -565 |
| Willis Towers Watson Public Limited Company(WTW) | 32,310 | 32,227 | -83 | 11,161 | 10,590 | 0.36% | -572 |
| Brookfield Corporation(BN) | 83,941 | 111,808 | +27,867 | 5,757 | 5,131 | 0.17% | -626 |
| RLX Technology, Inc. Sponsored ADR Class A(RLX) | 1,973,049 | 1,955,552 | -17,497 | 5,189 | 4,556 | 0.15% | -633 |
| Interactive Brokers Group, Inc. Class A(IBKR) | 1,191,410 | 1,264,348 | +72,938 | 81,981 | 81,310 | 2.76% | -671 |
| Liberty Media Corp. Series C Liberty Live | 7,895 | 0 | -7,895 | 766 | 0 | — | -766 |
| Booking Holdings Inc.(BKNG) | 0 | 13,190 | +13,190 | 0 | 70,637 | 2.40% | +70,637 |
| D-MARKET Elektronik Hizmetler ve Ticaret AS Sponso(HEPS) | 3,697,569 | 3,646,033 | -51,536 | 9,946 | 9,042 | 0.31% | -904 |
| Masco Corporation(MAS) | 144,686 | 144,363 | -323 | 10,184 | 9,161 | 0.31% | -1,023 |
| Scorpio Tankers Inc.(STNG) | 190,951 | 188,293 | -2,658 | 10,703 | 9,571 | 0.33% | -1,132 |
| Vipshop Holdings Ltd Sponsored ADR(VIPS) | 568,487 | 561,171 | -7,316 | 11,165 | 9,927 | 0.34% | -1,238 |
| Trupanion Inc(TRUP) | 0 | 465,950 | +465,950 | 0 | 17,413 | 0.59% | +17,413 |
| Kroger Co.(KR) | 0 | 242,595 | +242,595 | 0 | 15,157 | 0.51% | +15,157 |