TOWERVIEW LLC
Portfolio value QoQ: -1.6% 13F does not disclose cash
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.45% Est. buys $5,883,000 · sells $2,229,327
Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 63.0% still held
Performance vs S&P 500
Annualized: +16.7% · S&P 500: +28.7%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Sector breakdown
Full portfolio 17 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| TRC | $71,910,850 | 47.16% | 3,845,500 | $-538,370 | |||
| GASS | $21,330,000 | 13.99% | 2,700,000 | $-3,372,994 | Up ×1 | ||
| ACI | $12,007,875 | 7.87% | 887,500 | $79,875 | Up ×4 | ||
| SGA | $10,531,576 | 6.91% | 1,161,144 | $-3,053,809 | |||
| LE | $8,960,400 | 5.88% | 855,000 | $2,298,441 | Up ×2 | ||
| SIRI | $8,345,050 | 5.47% | 282,500 | $606,326 | Down ×1 | ||
| ALMS | $6,255,353 | 4.10% | 222,294 | $1,358,216 | |||
| ALCO | $3,123,435 | 2.05% | 75,500 | $-383,665 | Down ×4 | ||
| OABI | $2,902,800 | 1.90% | 1,180,000 | $1,332,800 | Up ×1 | ||
| SRG | $2,708,900 | 1.78% | 1,030,000 | $-185,400 | |||
| GYRO | $2,042,166 | 1.34% | 338,107 | $-463,207 | |||
| CRVS | $1,045,800 | 0.69% | 70,000 | $21,700 | |||
| IMPP | $599,300 | 0.39% | 130,000 | $-213,900 | Down ×4 | ||
| CTRM | $504,000 | 0.33% | 240,000 | $60,000 | |||
| WEN | $120,205 | 0.08% | 14,500 | $19,430 | |||
| Unknown issuer (CUSIP: Y18284300) | $83,000 | 0.05% | 50,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 013091903) | $25,500 | 0.02% | 150,000 | Call option | $-115,500 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| ACI | $12,007,875 | 7.87% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: Y18284300) | $83,000 | 50,000 | 0.05% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| GASS | Bought more | +9K | -$3.4M |
| SGA | Price move only | +0 | -$3.1M |
| LE | Bought more | +262K | +$2.3M |
| ALMS | Price move only | +0 | +$1.4M |
| OABI | Bought more | +180K | +$1.3M |
| SIRI | Trimmed | -53K | +$606K |
| TRC | Price move only | +0 | -$538K |
| GYRO | Price move only | +0 | -$463K |
| ALCO | Trimmed | -10K | -$384K |
| IMPP | Trimmed | -60K | -$214K |
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.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| X | June 30, 2025 | 45,000 | $1,901,700 | No longer tracked |
| SLRN | June 30, 2025 | 540,000 | $1,333,800 | No longer tracked |
| WBD | Sept. 30, 2025 | 85,000 | $974,100 | 58.4% |
| MRP | June 30, 2025 | 20,000 | $530,200 | -13.7% |
| CTLP | June 30, 2025 | 62,500 | $491,875 | No longer tracked |
| JBGS | Sept. 30, 2025 | 10,000 | $173,000 | -52.5% |
| QS | Sept. 30, 2025 | 25,000 | $168,000 | -62.9% |
| LWAY | Dec. 31, 2025 | 5,000 | $138,800 | -12.5% |
| CISS | Sept. 30, 2025 | 14,297 | $46,894 | -99.7% |