与标普500指数的表现对比

03
追踪时间 Q4 2025–Q2 2026 +10.5%
标普500指数同期总回报率 +8.7%
超额回报 +1.8%

近似于基于季度SEC 13F快照构建的买入并持有投资组合。不包括现金、空头头寸、期权/衍生品和非13(f)证券——仅反映已披露的多头股票账簿，而非基金总资产管理规模。SEC文件延迟最多可达45天；这不是一个可实时复制的交易。

可定价覆盖率：100.0% · 已排除期权：3.3%

行业细分

04
Energy 26.9%
Financials 20.0%
Communication Services 15.3%
Industrials 13.8%
Retail 9.4%
Real Estate 5.4%
Technology 4.0%
Consumer Discretionary 1.6%
Consumer products 0.9%
Consumer Staples 0.8%
Health Care 0.5%
其他/未映射 1.4%

完整投资组合 38 持仓

05
类型 连胜 8个季度趋势
NRP Natural Resource Partners LP Limited Partnership $20875908 14.20% 215216 $-4469568 上涨 ×2
PBI Pitney Bowes Inc. Common Stock $16367951 11.13% 934244 $4116096 下跌 ×1
FCNCA First Citizens BancShares, Inc. - Class A Common Stock $13170339 8.96% 6329 $1338395 上涨 ×1
FND Floor & Decor Holdings, Inc. Common Stock $11132018 7.57% 187534 $7197507 上涨 ×1
BSM Black Stone Minerals, L.P. Common units representing limited partner interests $8618386 5.86% 616921 $-36286 上涨 ×1
MCS Marcus Corporation (The) Common Stock $7333564 4.99% 312599 $-1333376 下跌 ×2
GDOT Green Dot Corporation Class A Common Stock, $0.001 par value $6390541 4.35% 473023 上涨 ×1
DIS Walt Disney Company (The) Common Stock $5591672 3.80% 58095 $966849 上涨 ×2
V Visa Inc. $5427630 3.69% 15820 $835818 上涨 ×2
CRC California Resources Corporation Common Stock $4468061 3.04% 84510 $-1461210 下跌 ×2
SRBK SR Bancorp, Inc. - Common stock $4104310 2.79% 208552 $171293 下跌 ×2
GFR Greenfire Resources Ltd. Common Shares $3815083 2.59% 675236 $-423823 上涨 ×1
NFLX Netflix, Inc. - Common Stock $3606200 2.45% 50507 $-348930 上涨 ×1
FPH Five Point Holdings, LLC Class A Common Shares $3383314 2.30% 641995 $1436380 上涨 ×2
EVC Entravision Communications Corporation Common Stock $3368857 2.29% 258348 上涨 ×1
CPRT Copart, Inc. - Common Stock $2673201 1.82% 94828 $-469245 上涨 ×1
MU Micron Technology, Inc. - Common Stock $2539438 1.73% 2200 卖出期权 $2134030 上涨 ×1
CNK Cinemark Holdings Inc Cinemark Holdings, Inc. Common Stock $2538532 1.73% 80004 $-4010426 下跌 ×2
DOUG Douglas Elliman Inc. Common Stock $2365109 1.61% 1336220 $121477 下跌 ×1
RAVE Rave Restaurant Group, Inc. - Common Stock $2293849 1.56% 701483 $1868606 上涨 ×2
SLV iShares Silver Trust $2037207 1.39% 38100 卖出期权 $-552113 上涨 ×1
WMT Walmart Inc. - Common Stock $1744204 1.19% 15400 卖出期权 $-231848 下跌 ×1
INTU Intuit Inc. - Common Stock $1662484 1.13% 6370 $-657235 上涨 ×1
CHCI Comstock Holding Companies, Inc. - Class A Common Stock $1284797 0.87% 80350 $-84167 上涨 ×2
NVR NVR, Inc. Common Stock $1260479 0.86% 185 $41360
GLW Corning Incorporated Common Stock $1226064 0.83% 4800 卖出期权 $954124 上涨 ×1
LWAY Lifeway Foods, Inc. - Common Stock $1176054 0.80% 39412 上涨 ×1
MSFT Microsoft Corporation - Common Stock $1081758 0.74% 2900 $8265
NC NACCO Industries, Inc. Common Stock $1032331 0.70% 20626 $-39706 下跌 ×2
MRP Millrose Properties, Inc. Class A Common Stock $945373 0.64% 31460 $17173 下跌 ×2
LE Lands' End, Inc. - Common Stock $907432 0.62% 86587 $-133875 下跌 ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $789697 0.54% 1900 $-1733824 下跌 ×2
TEAM Atlassian Corporation - Class A Common Stock $646590 0.44% 8312 $-2480966 下跌 ×1
NRP Natural Resource Partners LP Limited Partnership $388000 0.26% 4000 买入期权 上涨 ×1
BVFL BV Financial, Inc. - Common Stock $366711 0.25% 17314 $-237462 下跌 ×2
PRT PermRock Royalty Trust Units of Beneficial Interest $321610 0.22% 143576 上涨 ×1
TLYS Tilly's, Inc. Common Stock $86100 0.06% 20500 上涨 ×1
PBI Pitney Bowes Inc. Common Stock $35040 0.02% 2000 买入期权 $-420220 下跌 ×1

最大新仓位

09

本季度新开仓位，按规模从大到小排序。

证券价值股份% 占投资组合
GDOT $6390541 473023 4.35%
EVC $3368857 258348 2.29%
LWAY $1176054 39412 0.80%
NRP $388000 4000 0.26%
PRT $321610 143576 0.22%
TLYS $86100 20500 0.06%

季度涨幅榜

10
证券操作股份变动价值变动
FND 增持 +110K +$7.2M
NRP 增持 +6K -$4.5M
PBI 削减 -175K +$4.1M
CNK 削减 -150K -$4.0M
TEAM 削减 -38K -$2.5M
UNH 削减 -7K -$1.7M
CRC 削减 -1K -$1.5M
FPH 增持 +240K +$1.4M
FCNCA 增持 +51 +$1.3M
MCS 削减 -192K -$1.3M

2 positions hidden — reported move looks larger than the position itself (data completeness check)

已退出持仓

11

包含公司事件（合并、退市）——并非所有退出都是卖出

已关闭的头寸反映了 13F 报告的变更；对于指数管理人来说，这些通常是机械性的（退市、并购、指数再平衡），而不是主动决策。

证券季度先前持股数先前价值退出后价格
GOOGL 2026年3月31日 10156 $3178828 11.4%
COST 2026年3月31日 1400 $1207276 0.7%
WDAY 2026年6月30日 8868 $1152131 71.5%
JPM 2026年3月31日 2006 $646373 12.7%
BH 2026年3月31日 1215 $403902 20.2%
GOOG 2026年3月31日 1035 $324783 10.6%
CRMT 2026年3月31日 12065 $304762 -93.7%
PHM 2026年6月30日 2336 $274763 -11.7%