MSRH, LLC

CIK 2122489 · View on SEC EDGAR ↗

Portfolio value
$112.9M
#7,561 of 8,643 by 13F value · top 87.5%
Positions
29
As of
March 31, 2026 Data as of Q1 2026

Portfolio value QoQ: +26.0% 13F does not disclose cash

Top 10 holdings weight
99.84%
Top 25 holdings weight
100.00%
Positions above 1%
7
Effective number of positions
2.3

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q1 2026: 0.61% Est. buys $617,263 · sells $963,094

New positions
5
Increased
4
Decreased
5
Closed
4
On this page

Sector breakdown

Energy
67.7%
Real Estate
6.1%
Utilities
2.2%
Materials
1.3%
Financial Services
0.3%
Healthcare
0.1%
Industrials
0.0%
Consumer Discretionary
0.0%
Technology
0.0%
Other/Unmapped
22.4%

Full portfolio 29 positions

Type Streak 8Q trend
TPL Texas Pacific Land Corporation Common Stock $70,926,788 62.83% 149,458 $27,777,727 Down ×1
GBTC $22,139,151 19.61% 419,620 $-6,714,101 Down ×1
LB LandBridge Company LLC Class A Shares Representing Limited Liability Company Interests $6,473,852 5.73% 93,756 $1,875,357 Down ×1
PBT Permian Basin Royalty Trust Common Stock $5,172,160 4.58% 240,342 $1,113,261 Up ×1
BTC $3,094,968 2.74% 103,200 $-901,968
HE Hawaiian Electric Industries, Inc. Common Stock $2,485,106 2.20% 167,460 $663,660 Up ×1
MSB Mesabi Trust Common Stock $1,421,091 1.26% 45,114 $-316,700
HHH Howard Hughes Holdings Inc. Common Stock $379,560 0.34% 6,000 $-194,784 Down ×1
WBI WaterBridge Infrastructure LLC Class A Shares Representing Limited Liability Company Interests $334,875 0.30% 12,500 $84,750
MIAX Miami International Holdings, Inc. Common Stock $280,224 0.25% 7,200 Up ×1
NVO Novo Nordisk A/S Common Stock $68,649 0.06% 1,868 $-26,395
CVEO Civeo Corporation (Canada) Common Shares $31,434 0.03% 1,188 $4,264
SEG Seaport Entertainment Group Inc. Common Stock $26,936 0.02% 1,254 $2,144
CCL Carnival Corporation Common Stock $11,775 0.01% 455 Up ×1
Unknown issuer (CUSIP: V7790T103) $8,806 0.01% 32 Up ×1
BKKT Bakkt, Inc. Class A Common Stock $8,442 0.01% 1,147 $-3,074
ARLP Alliance Resource Partners, L.P. - Common Units Representing Limited Partnership Interests $8,184 0.01% 296 $1,308
WPM Wheaton Precious Metals Corp Common Shares (Canada) $5,764 0.01% 44 $-161,232 Down ×1
IBIT iShares Bitcoin Trust ETF $3,919 0.00% 102 $-1,145
NG $3,592 0.00% 400 $-136
TRC Tejon Ranch Co Common Stock $1,526 0.00% 81 $249
CRCL Circle Internet Group, Inc. Class A Common Stock $572 0.00% 6 $493 Up ×1
SLV $545 0.00% 8 $30
BUR Burford Capital Limited Ordinary Shares $325 0.00% 76 Up ×1
TMQ $237 0.00% 66 $-47
FRMI Fermi Inc. - Common Stock $187 0.00% 32 $73 Up ×1
PAA Plains All American Pipeline, L.P. - Common Units representing Limited Partner Interests $45 0.00% 2 $9
ET Energy Transfer LP Common Units $39 0.00% 2 $6
CNTN Canton Strategic Holdings, Inc. - Common Stock $7 0.00% 2 Up ×1

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
MIAX $280,224 7,200 0.25%
CCL $11,775 455 0.01%
Unknown issuer (CUSIP: V7790T103) $8,806 32 0.01%
BUR $325 76 0.00%
CNTN $7 2 0.00%

Top movers (QoQ)

Security Action Shares Δ Value Δ
TPL Trimmed -772 +$27.8M
GBTC Trimmed -2K -$6.7M
LB Trimmed -110 +$1.9M
PBT Bought more +1K +$1.1M
BTC Price move only +0 -$902K
HE Bought more +19K +$664K
MSB Price move only +0 -$317K
HHH Trimmed -1K -$195K
WBI Price move only +0 +$85K
NVO Price move only +0 -$26K

1 position hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
FWONA March 31, 2026 1,129 $100,910 20.4%
FNV March 31, 2026 471 $97,629 0.7%
BATRK March 31, 2026 117 $4,616 22.5%
GLIBA March 31, 2026 3,360 $0 -24.7%