Q3 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| QQQ | Sell | INVESCO QQQ TRput | $12,539,450 | -60.1% | 35,000 | -58.8% | 10.06% | -48.7% |
| SGOL | Sell | ABRDN GOLD ETF TRUST | $11,940,750 | -4.8% | 675,000 | -1.2% | 9.58% | +22.3% |
| VSTO | Buy | VISTA OUTDOOR INC | $10,267,200 | +23.7% | 310,000 | +3.3% | 8.24% | +58.9% |
| Sell | SITIO ROYALTIES CORP | $10,115,979 | -14.0% | 417,843 | -6.7% | 8.12% | +10.4% | |
| Sell | NOBLE CORP PLC | $9,650,294 | +13.7% | 190,529 | -7.3% | 7.74% | +46.0% | |
| PDS | Sell | PRECISION DRILLING CORP | $9,383,376 | +10.3% | 139,800 | -19.9% | 7.53% | +41.7% |
| NXE | Sell | NEXGEN ENERGY LTD | $9,265,440 | +20.5% | 1,552,000 | -5.0% | 7.44% | +54.8% |
| ALGT | Buy | ALLEGIANT TRAVEL CO | $9,223,200 | -36.2% | 120,000 | +4.8% | 7.40% | -18.1% |
| Sell | SEADRILL 2021 LTD | $8,865,329 | +1.4% | 197,931 | -6.5% | 7.12% | +30.3% | |
| AR | Sell | ANTERO RESOURCES CORP | $7,030,260 | -0.1% | 277,000 | -9.3% | 5.64% | +28.4% |
| EQT | Sell | EQT CORP | $7,000,050 | -14.0% | 172,500 | -12.9% | 5.62% | +10.4% |
| SPY | Sell | SPDR S&P 500 ETF TRput | $6,412,200 | -67.9% | 15,000 | -66.7% | 5.15% | -58.7% |
| PHYS | Sell | SPROTT PHYSICAL GOLD TRunit | $5,012,000 | -6.7% | 350,000 | -2.8% | 4.02% | +19.8% |
| Sell | TRIPLE FLAG PRECIOUS METAL | $4,068,168 | -10.5% | 311,260 | -5.7% | 3.26% | +14.9% | |
| Buy | SPROTT FDS TRjunior uranium | $2,578,940 | +39.1% | 109,000 | +0.9% | 2.07% | +78.8% | |
| COST | Sell | COSTCO WHSL CORP NEW | $1,251,951 | -1.0% | 2,216 | -5.7% | 1.00% | +27.2% |
Q2 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| QQQ | New | INVESCO QQQ TRput | $31,400,700 | – | 85,000 | – | 19.62% | – |
| SPY | New | SPDR S&P 500 ETF TRput | $19,947,600 | – | 45,000 | – | 12.46% | – |
| ALGT | New | ALLEGIANT TRAVEL CO | $14,459,060 | – | 114,500 | – | 9.03% | – |
| SGOL | New | ABRDN GOLD ETF TRUST | $12,546,710 | – | 683,000 | – | 7.84% | – |
| New | SITIO ROYALTIES CORP | $11,768,960 | – | 448,000 | – | 7.35% | – | |
| New | SEADRILL 2021 LTD | $8,740,986 | – | 211,800 | – | 5.46% | – | |
| PDS | New | PRECISION DRILLING CORP | $8,506,875 | – | 174,500 | – | 5.31% | – |
| New | NOBLE CORP PLC | $8,489,205 | – | 205,500 | – | 5.30% | – | |
| VSTO | New | VISTA OUTDOOR INC | $8,301,000 | – | 300,000 | – | 5.19% | – |
| EQT | New | EQT CORP | $8,143,740 | – | 198,000 | – | 5.09% | – |
| NXE | New | NEXGEN ENERGY LTD | $7,691,430 | – | 1,633,000 | – | 4.80% | – |
| AR | New | ANTERO RESOURCES CORP | $7,035,665 | – | 305,500 | – | 4.40% | – |
| PHYS | New | SPROTT PHYSICAL GOLD TRunit | $5,371,200 | – | 360,000 | – | 3.36% | – |
| New | TRIPLE FLAG PRECIOUS METAL | $4,547,400 | – | 330,000 | – | 2.84% | – | |
| New | SPROTT FDS TRjunior uranium | $1,854,360 | – | 108,000 | – | 1.16% | – | |
| COST | New | COSTCO WHSL CORP NEW | $1,265,193 | – | 2,350 | – | 0.79% | – |
Q4 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Exit | NUSCALE PWR CORP*w exp 05/02/202 | $0 | – | -50,000 | – | -0.09% | – | |
| Exit | SITIO ROYALTIES CORP | $0 | – | -10,000 | – | -0.19% | – | |
| SILJ | Exit | ETF MANAGERS TRprime junir slvr | $0 | – | -27,500 | – | -0.21% | – |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -11,500 | – | -0.24% | – |
| FCX | Exit | FREEPORT-MCMORAN INCcl b | $0 | – | -12,500 | – | -0.29% | – |
| PAAS | Exit | PAN AMERN SILVER CORP | $0 | – | -26,000 | – | -0.35% | – |
| PFE | Exit | PFIZER INCput | $0 | – | -10,000 | – | -0.37% | – |
| VSAT | Exit | VIASAT INCcall | $0 | – | -16,500 | – | -0.42% | – |
| DNN | Exit | DENISON MINES CORP | $0 | – | -458,000 | – | -0.46% | – |
| EQT | Exit | EQT CORPcall | $0 | – | -25,000 | – | -0.87% | – |
| MAS | Exit | MASCO CORP | $0 | – | -22,000 | – | -0.87% | – |
| WPM | Exit | WHEATON PRECIOUS METALS CORP | $0 | – | -35,000 | – | -0.96% | – |
| SA | Exit | SEABRIDGE GOLD INC | $0 | – | -155,000 | – | -1.57% | – |
| NEM | Exit | NEWMONT CORP | $0 | – | -51,500 | – | -1.84% | – |
| BBCP | Exit | CONCRETE PUMPING HLDGS INC | $0 | – | -339,000 | – | -1.86% | – |
| CCJ | Exit | CAMECO CORP | $0 | – | -83,500 | – | -1.88% | – |
| Exit | SPROTT FDS TRuranium miners e | $0 | – | -40,000 | – | -2.21% | – | |
| MNRL | Exit | BRIGHAM MINERALS INC | $0 | – | -133,000 | – | -2.79% | – |
| SPY | Exit | SPDR S&P 500 ETF TRput | $0 | – | -10,000 | – | -3.04% | – |
| VSAT | Exit | VIASAT INC | $0 | – | -120,000 | – | -3.09% | – |
| Exit | NUSCALE PWR CORP | $0 | – | -342,600 | – | -3.40% | – | |
| PHYS | Exit | SPROTT PHYSICAL GOLD TRunit | $0 | – | -395,000 | – | -4.30% | – |
| GOLD | Exit | BARRICK GOLD CORP | $0 | – | -330,000 | – | -4.35% | – |
| AR | Exit | ANTERO RESOURCES CORP | $0 | – | -184,188 | – | -4.78% | – |
| TPL | Exit | TEXAS PACIFIC LAND CORPORATI | $0 | – | -3,500 | – | -5.29% | – |
| EOG | Exit | EOG RES INC | $0 | – | -56,000 | – | -5.32% | – |
| NXE | Exit | NEXGEN ENERGY LTD | $0 | – | -1,775,000 | – | -5.54% | – |
| EQT | Exit | EQT CORP | $0 | – | -196,000 | – | -6.80% | – |
| ALGT | Exit | ALLEGIANT TRAVEL CO | $0 | – | -113,000 | – | -7.02% | – |
| SGOL | Exit | ABRDN GOLD ETF TRUST | $0 | – | -690,000 | – | -9.35% | – |
| PDS | Exit | PRECISION DRILLING CORP | $0 | – | -228,000 | – | -9.82% | – |
| NOV | Exit | NOV INC | $0 | – | -755,000 | – | -10.39% | – |
Q3 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NOV | Buy | NOV INC | $12,216,000 | -3.7% | 755,000 | +0.7% | 10.39% | -4.2% |
| PDS | Buy | PRECISION DRILLING CORP | $11,544,000 | -13.3% | 228,000 | +9.6% | 9.82% | -13.8% |
| SGOL | Buy | ABRDN GOLD ETF TRUST | $10,985,000 | -3.2% | 690,000 | +5.3% | 9.35% | -3.8% |
| ALGT | Buy | ALLEGIANT TRAVEL CO | $8,247,000 | -14.0% | 113,000 | +33.3% | 7.02% | -14.4% |
| EQT | Buy | EQT CORP | $7,987,000 | +20.3% | 196,000 | +1.6% | 6.80% | +19.6% |
| NXE | Buy | NEXGEN ENERGY LTD | $6,514,000 | +17.1% | 1,775,000 | +14.5% | 5.54% | +16.4% |
| EOG | Sell | EOG RES INC | $6,257,000 | +0.3% | 56,000 | -0.9% | 5.32% | -0.3% |
| TPL | Sell | TEXAS PACIFIC LAND CORPORATI | $6,220,000 | -15.6% | 3,500 | -29.3% | 5.29% | -16.0% |
| AR | Sell | ANTERO RESOURCES CORP | $5,623,000 | -23.7% | 184,188 | -23.4% | 4.78% | -24.2% |
| GOLD | Buy | BARRICK GOLD CORP | $5,115,000 | +5.1% | 330,000 | +20.0% | 4.35% | +4.5% |
| Sell | NUSCALE PWR CORP | $4,002,000 | -3.5% | 342,600 | -17.4% | 3.40% | -4.0% | |
| VSAT | Sell | VIASAT INC | $3,628,000 | -8.9% | 120,000 | -7.7% | 3.09% | -9.4% |
| SPY | New | SPDR S&P 500 ETF TRput | $3,572,000 | – | 10,000 | – | 3.04% | – |
| MNRL | New | BRIGHAM MINERALS INC | $3,281,000 | – | 133,000 | – | 2.79% | – |
| Buy | SPROTT FDS TRuranium miners e | $2,600,000 | +42.2% | 40,000 | +25.0% | 2.21% | +41.4% | |
| BBCP | Sell | CONCRETE PUMPING HLDGS INC | $2,187,000 | -15.3% | 339,000 | -20.5% | 1.86% | -15.8% |
| NEM | Buy | NEWMONT CORP | $2,165,000 | -4.5% | 51,500 | +35.5% | 1.84% | -5.1% |
| SA | Sell | SEABRIDGE GOLD INC | $1,840,000 | -18.9% | 155,000 | -15.1% | 1.57% | -19.3% |
| WPM | New | WHEATON PRECIOUS METALS CORP | $1,133,000 | – | 35,000 | – | 0.96% | – |
| MAS | New | MASCO CORP | $1,027,000 | – | 22,000 | – | 0.87% | – |
| PAAS | New | PAN AMERN SILVER CORP | $413,000 | – | 26,000 | – | 0.35% | – |
| FCX | New | FREEPORT-MCMORAN INCcl b | $342,000 | – | 12,500 | – | 0.29% | – |
| VSTO | New | VISTA OUTDOOR INC | $280,000 | – | 11,500 | – | 0.24% | – |
| SILJ | New | ETF MANAGERS TRprime junir slvr | $251,000 | – | 27,500 | – | 0.21% | – |
| New | SITIO ROYALTIES CORP | $221,000 | – | 10,000 | – | 0.19% | – | |
| SWN | Exit | SOUTHWESTERN ENERGY COcall | $0 | – | -50,000 | – | -0.27% | – |
| OSTK | Exit | OVERSTOCK COM INC DEL | $0 | – | -21,500 | – | -0.46% | – |
| CEIX | Exit | CONSOL ENERGY INC NEW | $0 | – | -84,185 | – | -3.56% | – |
Q2 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PDS | New | PRECISION DRILLING CORP | $13,316,000 | – | 208,000 | – | 11.40% | – |
| NOV | New | NOV INC | $12,683,000 | – | 750,000 | – | 10.85% | – |
| SGOL | New | ABRDN GOLD ETF TRUST | $11,351,000 | – | 655,000 | – | 9.71% | – |
| ALGT | New | ALLEGIANT TRAVEL CO | $9,584,000 | – | 84,750 | – | 8.20% | – |
| AR | New | ANTERO RESOURCES CORP | $7,372,000 | – | 240,500 | – | 6.31% | – |
| TPL | New | TEXAS PACIFIC LAND CORPORATI | $7,366,000 | – | 4,950 | – | 6.30% | – |
| EQT | New | EQT CORP | $6,639,000 | – | 193,000 | – | 5.68% | – |
| EOG | New | EOG RES INC | $6,240,000 | – | 56,500 | – | 5.34% | – |
| PHYS | New | SPROTT PHYSICAL GOLD TRunit | $5,601,000 | – | 395,000 | – | 4.79% | – |
| NXE | New | NEXGEN ENERGY LTD | $5,565,000 | – | 1,550,000 | – | 4.76% | – |
| GOLD | New | BARRICK GOLD CORP | $4,865,000 | – | 275,000 | – | 4.16% | – |
| CEIX | New | CONSOL ENERGY INC NEW | $4,157,000 | – | 84,185 | – | 3.56% | – |
| New | NUSCALE PWR CORP | $4,146,000 | – | 415,000 | – | 3.55% | – | |
| VSAT | New | VIASAT INC | $3,982,000 | – | 130,000 | – | 3.41% | – |
| BBCP | New | CONCRETE PUMPING HLDGS INC | $2,583,000 | – | 426,160 | – | 2.21% | – |
| SA | New | SEABRIDGE GOLD INC | $2,268,000 | – | 182,500 | – | 1.94% | – |
| NEM | New | NEWMONT CORP | $2,267,000 | – | 38,000 | – | 1.94% | – |
| New | SPROTT FDS TRuranium miners e | $1,828,000 | – | 32,000 | – | 1.56% | – | |
| CCJ | New | CAMECO CORP | $1,755,000 | – | 83,500 | – | 1.50% | – |
| EQT | New | EQT CORPcall | $860,000 | – | 25,000 | – | 0.74% | – |
| OSTK | New | OVERSTOCK COM INC DEL | $538,000 | – | 21,500 | – | 0.46% | – |
| PFE | New | PFIZER INCput | $524,000 | – | 10,000 | – | 0.45% | – |
| VSAT | New | VIASAT INCcall | $505,000 | – | 16,500 | – | 0.43% | – |
| DNN | New | DENISON MINES CORP | $446,000 | – | 458,000 | – | 0.38% | – |
| SWN | New | SOUTHWESTERN ENERGY COcall | $313,000 | – | 50,000 | – | 0.27% | – |
| New | NUSCALE PWR CORP*w exp 05/02/202 | $102,000 | – | 50,000 | – | 0.09% | – |
Q4 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AM | Exit | ANTERO MIDSTREAM CORP | $0 | – | -28,000 | – | -0.13% | – |
| EMX | Exit | EMX RTY CORP | $0 | – | -234,100 | – | -0.26% | – |
| SAND | Exit | SANDSTORM GOLD LTD | $0 | – | -155,000 | – | -0.39% | – |
| CALM | Exit | CAL MAINE FOODS INC | $0 | – | -25,000 | – | -0.39% | – |
| SGOL | Exit | ABERDEEN STD GOLD ETF TR | $0 | – | -55,000 | – | -0.40% | – |
| OR | Exit | OSISKO GOLD ROYALTIES LTD | $0 | – | -90,000 | – | -0.44% | – |
| AAAU | Exit | GOLDMAN SACHS PHYSICAL GOLDunit | $0 | – | -70,000 | – | -0.53% | – |
| VWTR | Exit | VIDLER WATER RESOUCES INC | $0 | – | -113,000 | – | -0.56% | – |
| CCJ | Exit | CAMECO CORP | $0 | – | -65,000 | – | -0.61% | – |
| VSAT | Exit | VIASAT INCcall | $0 | – | -26,500 | – | -0.63% | – |
| MLM | Exit | MARTIN MARIETTA MATLS INC | $0 | – | -5,000 | – | -0.74% | – |
| PHYS | Exit | SPROTT PHYSICAL GOLD TRunit | $0 | – | -175,000 | – | -1.05% | – |
| ARLP | Exit | ALLIANCE RESOURCE PARTNERS Lut ltd part | $0 | – | -229,500 | – | -1.08% | – |
| CINR | Exit | CINER RESOURCES LP | $0 | – | -163,000 | – | -1.12% | – |
| BBCP | Exit | CONCRETE PUMPING HLDGS INC | $0 | – | -463,500 | – | -1.71% | – |
| SA | Exit | SEABRIDGE GOLD INC | $0 | – | -295,000 | – | -1.97% | – |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -121,000 | – | -2.11% | – |
| GOLD | Exit | BARRICK GOLD CORP | $0 | – | -325,000 | – | -2.54% | – |
| NEM | Exit | NEWMONT CORP | $0 | – | -115,000 | – | -2.70% | – |
| NXE | Exit | NEXGEN ENERGY LTD | $0 | – | -1,550,000 | – | -3.18% | – |
| TPL | Exit | TEXAS PACIFIC LAND CORPORATI | $0 | – | -8,500 | – | -4.45% | – |
| NOV | Exit | NOV INC | $0 | – | -850,000 | – | -4.83% | – |
| CEIX | Exit | CONSOL ENERGY INC NEW | $0 | – | -459,000 | – | -5.17% | – |
| PDS | Exit | PRECISION DRILLING CORP | $0 | – | -304,750 | – | -5.33% | – |
| ALGT | Exit | ALLEGIANT TRAVEL CO | $0 | – | -63,500 | – | -5.38% | – |
| EOG | Exit | EOG RES INC | $0 | – | -165,000 | – | -5.74% | – |
| VSAT | Exit | VIASAT INC | $0 | – | -251,500 | – | -6.00% | – |
| AR | Exit | ANTERO RESOURCES CORP | $0 | – | -758,250 | – | -6.18% | – |
| SPY | Exit | SPDR S&P 500 ETF TRput | $0 | – | -50,000 | – | -34.38% | – |
Q3 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AR | Buy | ANTERO RESOURCES CORP | $14,262,000 | +27.7% | 758,250 | +2.0% | 6.18% | +13.4% |
| VSAT | Sell | VIASAT INC | $13,850,000 | -2.5% | 251,500 | -11.8% | 6.00% | -13.4% |
| ALGT | Sell | ALLEGIANT TRAVEL CO | $12,413,000 | -1.6% | 63,500 | -2.3% | 5.38% | -12.6% |
| PDS | Sell | PRECISION DRILLING CORP | $12,315,000 | -5.6% | 304,750 | -2.6% | 5.33% | -16.2% |
| CEIX | Sell | CONSOL ENERGY INC NEW | $11,943,000 | +11.1% | 459,000 | -21.1% | 5.17% | -1.4% |
| NOV | Buy | NOV INC | $11,144,000 | -10.2% | 850,000 | +4.9% | 4.83% | -20.3% |
| TPL | Sell | TEXAS PACIFIC LAND CORPORATI | $10,280,000 | -32.4% | 8,500 | -10.5% | 4.45% | -40.0% |
| NXE | Buy | NEXGEN ENERGY LTD | $7,332,000 | +17.3% | 1,550,000 | +1.6% | 3.18% | +4.1% |
| NEM | Sell | NEWMONT CORP | $6,245,000 | -21.2% | 115,000 | -8.0% | 2.70% | -30.0% |
| GOLD | Sell | BARRICK GOLD CORP | $5,866,000 | -19.0% | 325,000 | -7.1% | 2.54% | -28.0% |
| VSTO | Sell | VISTA OUTDOOR INC | $4,878,000 | -58.6% | 121,000 | -52.5% | 2.11% | -63.2% |
| SA | Buy | SEABRIDGE GOLD INC | $4,558,000 | -7.2% | 295,000 | +5.4% | 1.97% | -17.6% |
| BBCP | Sell | CONCRETE PUMPING HLDGS INC | $3,958,000 | -6.5% | 463,500 | -7.3% | 1.71% | -17.0% |
| CINR | Sell | CINER RESOURCES LP | $2,592,000 | +0.4% | 163,000 | -8.4% | 1.12% | -10.8% |
| ARLP | Sell | ALLIANCE RESOURCE PARTNERS Lut ltd part | $2,495,000 | -12.4% | 229,500 | -41.9% | 1.08% | -22.2% |
| MLM | Sell | MARTIN MARIETTA MATLS INC | $1,708,000 | -42.9% | 5,000 | -41.2% | 0.74% | -49.3% |
| CCJ | Sell | CAMECO CORP | $1,412,000 | -71.7% | 65,000 | -75.0% | 0.61% | -74.8% |
| VWTR | New | VIDLER WATER RESOUCES INC | $1,286,000 | – | 113,000 | – | 0.56% | – |
| AAAU | Sell | GOLDMAN SACHS PHYSICAL GOLDunit | $1,222,000 | -7.4% | 70,000 | -6.7% | 0.53% | -17.9% |
| OR | Sell | OSISKO GOLD ROYALTIES LTD | $1,011,000 | -26.2% | 90,000 | -10.0% | 0.44% | -34.4% |
| SGOL | Buy | ABERDEEN STD GOLD ETF TR | $927,000 | +55.8% | 55,000 | +57.1% | 0.40% | +38.3% |
| CALM | New | CAL MAINE FOODS INC | $904,000 | – | 25,000 | – | 0.39% | – |
| SAND | Sell | SANDSTORM GOLD LTD | $893,000 | -49.7% | 155,000 | -31.1% | 0.39% | -55.3% |
| EMX | Sell | EMX RTY CORP | $599,000 | -76.4% | 234,100 | -72.5% | 0.26% | -79.0% |
| AM | Sell | ANTERO MIDSTREAM CORP | $292,000 | -96.3% | 28,000 | -96.3% | 0.13% | -96.7% |
| EQT | Exit | EQT CORP | $0 | – | -100,000 | – | -1.09% | – |
| GLD | Exit | SPDR GOLD TRcall | $0 | – | -20,000 | – | -1.62% | – |
Q2 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SPY | New | SPDR S&P 500 ETF TRput | $21,403,000 | – | 50,000 | – | 10.44% | – |
| TPL | New | TEXAS PACIFIC LAND CORPORATI | $15,198,000 | – | 9,500 | – | 7.41% | – |
| VSAT | New | VIASAT INC | $14,204,000 | – | 285,000 | – | 6.93% | – |
| EOG | New | EOG RES INC | $13,768,000 | – | 165,000 | – | 6.72% | – |
| PDS | New | PRECISION DRILLING CORP | $13,042,000 | – | 312,750 | – | 6.36% | – |
| ALGT | New | ALLEGIANT TRAVEL CO | $12,610,000 | – | 65,000 | – | 6.15% | – |
| NOV | New | NOV INC | $12,409,000 | – | 810,000 | – | 6.05% | – |
| VSTO | New | VISTA OUTDOOR INC | $11,778,000 | – | 254,500 | – | 5.74% | – |
| AR | New | ANTERO RESOURCES CORP | $11,171,000 | – | 743,250 | – | 5.45% | – |
| CEIX | New | CONSOL ENERGY INC NEW | $10,750,000 | – | 582,000 | – | 5.24% | – |
| NEM | New | NEWMONT CORP | $7,923,000 | – | 125,000 | – | 3.86% | – |
| AM | New | ANTERO MIDSTREAM CORP | $7,793,000 | – | 750,000 | – | 3.80% | – |
| GOLD | New | BARRICK GOLD CORP | $7,238,000 | – | 350,000 | – | 3.53% | – |
| NXE | New | NEXGEN ENERGY LTD | $6,253,000 | – | 1,525,000 | – | 3.05% | – |
| CCJ | New | CAMECO CORP | $4,987,000 | – | 260,000 | – | 2.43% | – |
| SA | New | SEABRIDGE GOLD INC | $4,914,000 | – | 280,000 | – | 2.40% | – |
| BBCP | New | CONCRETE PUMPING HLDGS INC | $4,235,000 | – | 500,000 | – | 2.07% | – |
| GLD | New | SPDR GOLD TRcall | $3,312,000 | – | 20,000 | – | 1.62% | – |
| MLM | New | MARTIN MARIETTA MATLS INC | $2,990,000 | – | 8,500 | – | 1.46% | – |
| ARLP | New | ALLIANCE RESOURCE PARTNERS Lut ltd part | $2,848,000 | – | 395,000 | – | 1.39% | – |
| CINR | New | CINER RESOURCES LP | $2,581,000 | – | 178,000 | – | 1.26% | – |
| EMX | New | EMX RTY CORP | $2,533,000 | – | 850,000 | – | 1.24% | – |
| PHYS | New | SPROTT PHYSICAL GOLD TRunit | $2,455,000 | – | 175,000 | – | 1.20% | – |
| EQT | New | EQT CORP | $2,226,000 | – | 100,000 | – | 1.09% | – |
| SAND | New | SANDSTORM GOLD LTD | $1,775,000 | – | 225,000 | – | 0.87% | – |
| OR | New | OSISKO GOLD ROYALTIES LTD | $1,370,000 | – | 100,000 | – | 0.67% | – |
| AAAU | New | GOLDMAN SACHS PHYSICAL GOLDunit | $1,320,000 | – | 75,000 | – | 0.64% | – |
| VSAT | New | VIASAT INCcall | $1,320,000 | – | 26,500 | – | 0.64% | – |
| SGOL | New | ABERDEEN STD GOLD ETF TR | $595,000 | – | 35,000 | – | 0.29% | – |
Q4 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| KOR | Exit | CORVUS GOLD INC | $0 | – | -12,500 | – | -0.02% | – |
| PSLV | Exit | SPROTT PHYSICAL SILVER TRtr unit | $0 | – | -25,000 | – | -0.14% | – |
| UVE | Exit | UNIVERSAL INS HLDGS INC | $0 | – | -22,894 | – | -0.22% | – |
| BBCP | Exit | CONCRETE PUMPING HLDGS INC | $0 | – | -474,700 | – | -1.15% | – |
| NXE | Exit | NEXGEN ENERGY LTD | $0 | – | -1,000,000 | – | -1.17% | – |
| CINR | Exit | CINER RES LP | $0 | – | -180,000 | – | -1.53% | – |
| ARLP | Exit | ALLIANCE RESOURCE PARTNERS Lut ltd part | $0 | – | -855,000 | – | -1.61% | – |
| TPL | Exit | TEXAS PAC LD TRsub ctf prop i t | $0 | – | -6,500 | – | -1.99% | – |
| SII | Exit | SPROTT INC | $0 | – | -100,000 | – | -2.32% | – |
| CEIX | Exit | CONSOL ENERGY INC DISC COML | $0 | – | -800,000 | – | -2.40% | – |
| AR | Exit | ANTERO RESOURCES CORP | $0 | – | -1,310,000 | – | -2.44% | – |
| MLM | Exit | MARTIN MARIETTA MATLS INC | $0 | – | -15,500 | – | -2.48% | – |
| PDS | Exit | PRECISION DRILLING CORP | $0 | – | -5,850,000 | – | -2.54% | – |
| NOV | Exit | NATIONAL OILWELL VARCO INC | $0 | – | -575,000 | – | -3.54% | – |
| EOG | Exit | EOG RES INC | $0 | – | -148,000 | – | -3.61% | – |
| PHYS | Exit | SPROTT PHYSICAL GOLD TRunit | $0 | – | -358,000 | – | -3.66% | – |
| CCJ | Exit | CAMECO CORP | $0 | – | -550,000 | – | -3.77% | – |
| Y | Exit | ALLEGHANY CORP DEL | $0 | – | -11,000 | – | -3.88% | – |
| NEM | Exit | NEWMONT CORP | $0 | – | -108,000 | – | -4.65% | – |
| AM | Exit | ANTERO MIDSTREAM CORP | $0 | – | -1,500,000 | – | -5.46% | – |
| GOLD | Exit | BARRICK GOLD CORP | $0 | – | -300,000 | – | -5.72% | – |
| VSAT | Exit | VIASAT INC | $0 | – | -295,000 | – | -6.88% | – |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -525,000 | – | -7.19% | – |
| ALGT | Exit | ALLEGIANT TRAVEL CO | $0 | – | -100,000 | – | -8.13% | – |
| SPY | Exit | SPDR S&P 500 ETF TRput | $0 | – | -40,000 | – | -9.09% | – |
| GLD | Exit | SPDR GOLD TRcall | $0 | – | -120,000 | – | -14.42% | – |
Q3 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ALGT | Sell | ALLEGIANT TRAVEL CO | $11,980,000 | +6.0% | 100,000 | -3.4% | 8.13% | -0.1% |
| VSTO | Sell | VISTA OUTDOOR INC | $10,595,000 | +2.5% | 525,000 | -26.6% | 7.19% | -3.3% |
| VSAT | Buy | VIASAT INC | $10,145,000 | -4.9% | 295,000 | +6.1% | 6.88% | -10.3% |
| GOLD | Sell | BARRICK GOLD CORP | $8,433,000 | -3.7% | 300,000 | -7.7% | 5.72% | -9.2% |
| AM | Buy | ANTERO MIDSTREAM CORP | $8,055,000 | +10.8% | 1,500,000 | +5.3% | 5.46% | +4.5% |
| CCJ | Buy | CAMECO CORP | $5,555,000 | +1.8% | 550,000 | +3.3% | 3.77% | -4.0% |
| PHYS | Buy | SPROTT PHYSICAL GOLD TRunit | $5,388,000 | +7.6% | 358,000 | +2.3% | 3.66% | +1.4% |
| EOG | Buy | EOG RES INC | $5,319,000 | +10.5% | 148,000 | +55.8% | 3.61% | +4.2% |
| MLM | Buy | MARTIN MARIETTA MATLS INC | $3,648,000 | +17.7% | 15,500 | +3.3% | 2.48% | +11.0% |
| AR | Buy | ANTERO RESOURCES CORP | $3,603,000 | +10.4% | 1,310,000 | +1.9% | 2.44% | +4.1% |
| CEIX | Buy | CONSOL ENERGY INC DISC COML | $3,544,000 | -9.8% | 800,000 | +3.2% | 2.40% | -15.0% |
| SII | Buy | SPROTT INC | $3,414,000 | +63.0% | 100,000 | +72.4% | 2.32% | +53.8% |
| TPL | New | TEXAS PAC LD TRsub ctf prop i t | $2,935,000 | – | 6,500 | – | 1.99% | – |
| NXE | Buy | NEXGEN ENERGY LTD | $1,730,000 | +509.2% | 1,000,000 | +354.5% | 1.17% | +475.5% |
| BBCP | Sell | CONCRETE PUMPING HLDGS INC | $1,695,000 | +2.5% | 474,700 | -0.1% | 1.15% | -3.3% |
| UVE | New | UNIVERSAL INS HLDGS INC | $317,000 | – | 22,894 | – | 0.22% | – |
| PSLV | New | SPROTT PHYSICAL SILVER TRtr unit | $207,000 | – | 25,000 | – | 0.14% | – |
| KOR | New | CORVUS GOLD INC | $37,000 | – | 12,500 | – | 0.02% | – |
| METC | Exit | RAMACO RES INC | $0 | – | -20,000 | – | -0.03% | – |
Q2 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GLD | New | SPDR GOLD TRcall | $20,085,000 | – | 120,000 | – | 14.45% | – |
| SPY | New | SPDR S&P 500 ETF TRput | $12,334,000 | – | 40,000 | – | 8.87% | – |
| ALGT | New | ALLEGIANT TRAVEL CO | $11,303,000 | – | 103,500 | – | 8.13% | – |
| VSAT | New | VIASAT INC | $10,667,000 | – | 278,000 | – | 7.67% | – |
| VSTO | New | VISTA OUTDOOR INC | $10,332,000 | – | 715,000 | – | 7.43% | – |
| GOLD | New | BARRICK GOLD CORPORATION | $8,756,000 | – | 325,000 | – | 6.30% | – |
| AM | New | ANTERO MIDSTREAM CORP | $7,267,000 | – | 1,425,000 | – | 5.23% | – |
| NOV | New | NATIONAL OILWELL VARCO INC | $7,044,000 | – | 575,000 | – | 5.07% | – |
| NEM | New | NEWMONT CORP | $6,668,000 | – | 108,000 | – | 4.80% | – |
| CCJ | New | CAMECO CORP | $5,455,000 | – | 532,200 | – | 3.92% | – |
| Y | New | ALLEGHANY CORP DEL | $5,381,000 | – | 11,000 | – | 3.87% | – |
| PHYS | New | SPROTT PHYSICAL GOLD TRunit | $5,009,000 | – | 350,000 | – | 3.60% | – |
| EOG | New | EOG RES INC | $4,813,000 | – | 95,000 | – | 3.46% | – |
| PDS | New | PRECISION DRILLING CORP | $4,440,000 | – | 5,850,000 | – | 3.19% | – |
| CEIX | New | CONSOL ENERGY INC NEW | $3,929,000 | – | 775,000 | – | 2.83% | – |
| AR | New | ANTERO RESOURCES CORP | $3,264,000 | – | 1,285,000 | – | 2.35% | – |
| MLM | New | MARTIN MARIETTA MATLS INC | $3,099,000 | – | 15,000 | – | 2.23% | – |
| ARLP | New | ALLIANCE RES PARTNER L Put ltd part | $2,787,000 | – | 855,000 | – | 2.00% | – |
| CINR | New | CINER RES LP | $2,295,000 | – | 180,000 | – | 1.65% | – |
| SII | New | SPROTT INC | $2,094,000 | – | 58,000 | – | 1.51% | – |
| BBCP | New | CONCRETE PUMPING HLDGS INC | $1,653,000 | – | 475,000 | – | 1.19% | – |
| NXE | New | NEXGEN ENERGY LTD | $284,000 | – | 220,000 | – | 0.20% | – |
| METC | New | RAMACO RES INC | $43,000 | – | 20,000 | – | 0.03% | – |
Q4 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CCR | Exit | CONSOL COAL RES LP | $0 | – | -115,000 | – | -0.78% | – |
| NEM | Exit | NEWMONT GOLDCORP CORPORATION | $0 | – | -50,000 | – | -0.96% | – |
| BBCP | Exit | CONCRETE PUMPING HLDGS INC | $0 | – | -500,000 | – | -1.00% | – |
| COG | Exit | CABOT OIL & GAS CORP | $0 | – | -150,000 | – | -1.33% | – |
| BB | Exit | BLACKBERRY LTD | $0 | – | -800,000 | – | -2.12% | – |
| AR | Exit | ANTERO RES CORP | $0 | – | -1,550,000 | – | -2.37% | – |
| CINR | Exit | CINER RES LP | $0 | – | -275,000 | – | -2.57% | – |
| PDS | Exit | PRECISION DRILLING CORP | $0 | – | -6,500,000 | – | -3.75% | – |
| AM | Exit | ANTERO MIDSTREAM CORP | $0 | – | -1,175,000 | – | -4.40% | – |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -1,500,000 | – | -4.70% | – |
| GOLD | Exit | BARRICK GOLD CORPORATION | $0 | – | -550,000 | – | -4.82% | – |
| CEIX | Exit | CONSOL ENERGY INC NEW | $0 | – | -850,000 | – | -6.72% | – |
| NOV | Exit | NATIONAL OILWELL VARCO INC | $0 | – | -650,000 | – | -6.97% | – |
| ARLP | Exit | ALLIANCE RES PARTNER L Put ltd part | $0 | – | -925,000 | – | -7.49% | – |
| KOP | Exit | KOPPERS HOLDINGS INC | $0 | – | -575,000 | – | -8.50% | – |
| SAVE | Exit | SPIRIT AIRLS INC | $0 | – | -500,000 | – | -9.18% | – |
| PWR | Exit | QUANTA SVCS INC | $0 | – | -500,000 | – | -9.56% | – |
| ALGT | Exit | ALLEGIANT TRAVEL CO | $0 | – | -150,000 | – | -11.35% | – |
| VSAT | Exit | VIASAT INC | $0 | – | -300,000 | – | -11.43% | – |
Q3 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ALGT | Sell | ALLEGIANT TRAVEL CO | $22,449,000 | +0.9% | 150,000 | -3.2% | 11.35% | +8.7% |
| SAVE | Buy | SPIRIT AIRLS INC | $18,150,000 | -12.6% | 500,000 | +14.9% | 9.18% | -5.9% |
| ARLP | Sell | ALLIANCE RES PARTNER L Put ltd part | $14,809,000 | -30.9% | 925,000 | -26.7% | 7.49% | -25.5% |
| NOV | Buy | NATIONAL OILWELL VARCO INC | $13,780,000 | +11.7% | 650,000 | +17.1% | 6.97% | +20.3% |
| CEIX | Buy | CONSOL ENERGY INC NEW | $13,286,000 | -11.6% | 850,000 | +50.4% | 6.72% | -4.8% |
| GOLD | Buy | BARRICK GOLD CORPORATION | $9,531,000 | +119.8% | 550,000 | +100.0% | 4.82% | +136.7% |
| VSTO | Buy | VISTA OUTDOOR INC | $9,285,000 | +10.1% | 1,500,000 | +57.9% | 4.70% | +18.5% |
| AM | Buy | ANTERO MIDSTREAM CORP | $8,695,000 | -15.7% | 1,175,000 | +30.6% | 4.40% | -9.2% |
| PDS | Buy | PRECISION DRILLING CORP | $7,410,000 | -34.7% | 6,500,000 | +8.3% | 3.75% | -29.6% |
| BB | Buy | BLACKBERRY LTD | $4,200,000 | -21.8% | 800,000 | +11.1% | 2.12% | -15.8% |
| COG | New | CABOT OIL & GAS CORP | $2,636,000 | – | 150,000 | – | 1.33% | – |
| BBCP | Buy | CONCRETE PUMPING HLDGS INC | $1,985,000 | +276.7% | 500,000 | +385.4% | 1.00% | +304.8% |
| NEM | Buy | NEWMONT GOLDCORP CORPORATION | $1,896,000 | +40.9% | 50,000 | +42.9% | 0.96% | +51.7% |
| CCR | Sell | CONSOL COAL RES LP | $1,553,000 | -56.7% | 115,000 | -46.5% | 0.78% | -53.4% |
| BBX | Exit | BBX CAP CORP NEWcl a | $0 | – | -10,000 | – | -0.02% | – |
| PAAS | Exit | PAN AMERICAN SILVER CORP | $0 | – | -30,000 | – | -0.18% | – |
| TBK | Exit | TRIUMPH BANCORP INC | $0 | – | -45,000 | – | -0.61% | – |
Q2 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VSAT | New | VIASAT INC | $24,246,000 | – | 300,000 | – | 11.39% | – |
| ALGT | New | ALLEGIANT TRAVEL CO | $22,243,000 | – | 155,000 | – | 10.45% | – |
| ARLP | New | ALLIANCE RES PARTNER L Put ltd part | $21,420,000 | – | 1,261,500 | – | 10.06% | – |
| SAVE | New | SPIRIT AIRLS INC | $20,763,000 | – | 435,000 | – | 9.75% | – |
| PWR | New | QUANTA SVCS INC | $19,095,000 | – | 500,000 | – | 8.97% | – |
| KOP | New | KOPPERS HOLDINGS INC | $16,882,000 | – | 575,000 | – | 7.93% | – |
| CEIX | New | CONSOL ENERGY INC NEW | $15,035,000 | – | 565,000 | – | 7.06% | – |
| NOV | New | NATIONAL OILWELL VARCO INC | $12,338,000 | – | 555,000 | – | 5.80% | – |
| PDS | New | PRECISION DRILLING CORP | $11,340,000 | – | 6,000,000 | – | 5.33% | – |
| AM | New | ANTERO MIDSTREAM CORP | $10,314,000 | – | 900,000 | – | 4.84% | – |
| AR | New | ANTERO RES CORP | $8,572,000 | – | 1,550,000 | – | 4.03% | – |
| VSTO | New | VISTA OUTDOOR INC | $8,436,000 | – | 950,000 | – | 3.96% | – |
| BB | New | BLACKBERRY LTD | $5,371,000 | – | 720,000 | – | 2.52% | – |
| CINR | New | CINER RES LP | $5,332,000 | – | 275,000 | – | 2.50% | – |
| GOLD | New | BARRICK GOLD CORPORATION | $4,337,000 | – | 275,000 | – | 2.04% | – |
| CCR | New | CONSOL COAL RES LP | $3,584,000 | – | 215,000 | – | 1.68% | – |
| NEM | New | NEWMONT GOLDCORP CORPORATION | $1,346,000 | – | 35,000 | – | 0.63% | – |
| TBK | New | TRIUMPH BANCORP INC | $1,307,000 | – | 45,000 | – | 0.61% | – |
| BBCP | New | CONCRETE PUMPING HLDGS INC | $527,000 | – | 103,000 | – | 0.25% | – |
| PAAS | New | PAN AMERICAN SILVER CORP | $387,000 | – | 30,000 | – | 0.18% | – |
| BBX | New | BBX CAP CORP NEWcl a | $49,000 | – | 10,000 | – | 0.02% | – |
Q4 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BRKA | Exit | BERKSHIRE HATHAWAY INC DELcl a | $0 | – | -1 | – | -0.16% | – |
| GLRE | Exit | GREENLIGHT CAPITAL RE LTDclass a | $0 | – | -45,000 | – | -0.28% | – |
| RRC | Exit | RANGE RES CORP | $0 | – | -50,000 | – | -0.43% | – |
| AMGP | Exit | ANTERO MIDSTREAM GP LP | $0 | – | -100,000 | – | -0.86% | – |
| AMRQQ | Exit | ALTA MESA RES INCcl a | $0 | – | -450,000 | – | -0.95% | – |
| COG | Exit | CABOT OIL & GAS CORP | $0 | – | -125,000 | – | -1.42% | – |
| AGO | Exit | ASSURED GUARANTY LTD | $0 | – | -145,000 | – | -3.10% | – |
| CINR | Exit | CINER RES LP | $0 | – | -274,500 | – | -3.75% | – |
| PWR | Exit | QUANTA SVCS INC | $0 | – | -234,500 | – | -3.96% | – |
| CCR | Exit | CONSOL COAL RES LP | $0 | – | -495,000 | – | -4.49% | – |
| AM | Exit | ANTERO MIDSTREAM PARTNERS LPunt ltd partn | $0 | – | -325,000 | – | -4.71% | – |
| PDS | Exit | PRECISION DRILLING CORP | $0 | – | -2,799,780 | – | -4.90% | – |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -775,000 | – | -7.01% | – |
| CSU | Exit | CAPITAL SR LIVING CORP | $0 | – | -1,475,000 | – | -7.04% | – |
| CEIX | Exit | CONSOL ENERGY INC NEW | $0 | – | -355,000 | – | -7.32% | – |
| NOV | Exit | NATIONAL OILWELL VARCO INC | $0 | – | -350,000 | – | -7.62% | – |
| AR | Exit | ANTERO RES CORP | $0 | – | -915,000 | – | -8.19% | – |
| SAVE | Exit | SPIRIT AIRLS INC | $0 | – | -405,000 | – | -9.62% | – |
| VSAT | Exit | VIASAT INC | $0 | – | -350,000 | – | -11.31% | – |
| ARLP | Exit | ALLIANCE RES PARTNER L Put ltd part | $0 | – | -1,250,000 | – | -12.89% | – |
Q3 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ARLP | Sell | ALLIANCE RES PARTNER L Put ltd part | $25,500,000 | +3.3% | 1,250,000 | -7.1% | 12.89% | +3.2% |
| VSAT | Buy | VIASAT INC | $22,383,000 | +11.7% | 350,000 | +14.8% | 11.31% | +11.5% |
| SAVE | Sell | SPIRIT AIRLS INC | $19,023,000 | +13.8% | 405,000 | -12.0% | 9.62% | +13.6% |
| AR | Buy | ANTERO RES CORP | $16,205,000 | -13.3% | 915,000 | +4.6% | 8.19% | -13.4% |
| CEIX | Buy | CONSOL ENERGY INC NEW | $14,488,000 | +36.4% | 355,000 | +28.2% | 7.32% | +36.2% |
| VSTO | Buy | VISTA OUTDOOR INC | $13,865,000 | +16.2% | 775,000 | +0.6% | 7.01% | +16.1% |
| PDS | Buy | PRECISION DRILLING CORP | $9,687,000 | +13.3% | 2,799,780 | +8.7% | 4.90% | +13.1% |
| CCR | Sell | CONSOL COAL RES LP | $8,885,000 | +2.7% | 495,000 | -13.9% | 4.49% | +2.5% |
| PWR | Buy | QUANTA SVCS INC | $7,828,000 | +160.4% | 234,500 | +160.6% | 3.96% | +160.2% |
| CINR | Sell | CINER RES LP | $7,417,000 | +2.6% | 274,500 | -0.2% | 3.75% | +2.5% |
| COG | New | CABOT OIL & GAS CORP | $2,815,000 | – | 125,000 | – | 1.42% | – |
| AMRQQ | Buy | ALTA MESA RES INCcl a | $1,881,000 | +19.1% | 450,000 | +94.0% | 0.95% | +18.9% |
| AMGP | New | ANTERO MIDSTREAM GP LP | $1,692,000 | – | 100,000 | – | 0.86% | – |
| RRC | New | RANGE RES CORP | $849,000 | – | 50,000 | – | 0.43% | – |
| GLRE | New | GREENLIGHT CAPITAL RE LTDclass a | $558,000 | – | 45,000 | – | 0.28% | – |
| HKRSQ | Exit | HALCON RES CORP | $0 | – | -325,000 | – | -0.72% | – |
| UTHR | Exit | UNITED THERAPEUTICS CORP DEL | $0 | – | -18,000 | – | -1.03% | – |
| CAR | Exit | AVIS BUDGET GROUP | $0 | – | -85,000 | – | -1.40% | – |
| AAL | Exit | AMERICAN AIRLS GROUP INC | $0 | – | -175,000 | – | -3.36% | – |
| UVE | Exit | UNIVERSAL INS HLDGS INC | $0 | – | -200,000 | – | -3.55% | – |
Q2 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ARLP | New | ALLIANCE RES PARTNER L Put ltd part | $24,681,000 | – | 1,345,000 | – | 12.49% | – |
| VSAT | New | VIASAT INC | $20,045,000 | – | 305,000 | – | 10.15% | – |
| AR | New | ANTERO RES CORP | $18,681,000 | – | 875,000 | – | 9.46% | – |
| SAVE | New | SPIRIT AIRLS INC | $16,721,000 | – | 460,000 | – | 8.46% | – |
| CSU | New | CAPITAL SR LIVING CORP | $15,738,000 | – | 1,475,000 | – | 7.97% | – |
| NOV | New | NATIONAL OILWELL VARCO INC | $15,190,000 | – | 350,000 | – | 7.69% | – |
| VSTO | New | VISTA OUTDOOR INC | $11,927,000 | – | 770,000 | – | 6.04% | – |
| CEIX | New | CONSOL ENERGY INC NEW | $10,623,000 | – | 277,000 | – | 5.38% | – |
| AM | New | ANTERO MIDSTREAM PARTNERS LPunt ltd partn | $9,594,000 | – | 325,000 | – | 4.86% | – |
| CCR | New | CONSOL COAL RES LP | $8,654,000 | – | 575,000 | – | 4.38% | – |
| PDS | New | PRECISION DRILLING CORP | $8,549,000 | – | 2,575,000 | – | 4.33% | – |
| CINR | New | CINER RES LP | $7,227,000 | – | 275,000 | – | 3.66% | – |
| UVE | New | UNIVERSAL INS HLDGS INC | $7,020,000 | – | 200,000 | – | 3.55% | – |
| AAL | New | AMERICAN AIRLS GROUP INC | $6,643,000 | – | 175,000 | – | 3.36% | – |
| AGO | New | ASSURED GUARANTY LTD | $5,181,000 | – | 145,000 | – | 2.62% | – |
| PWR | New | QUANTA SVCS INC | $3,006,000 | – | 90,000 | – | 1.52% | – |
| CAR | New | AVIS BUDGET GROUP | $2,763,000 | – | 85,000 | – | 1.40% | – |
| UTHR | New | UNITED THERAPEUTICS CORP DEL | $2,037,000 | – | 18,000 | – | 1.03% | – |
| AMRQQ | New | ALTA MESA RES INCcl a | $1,580,000 | – | 232,000 | – | 0.80% | – |
| HKRSQ | New | HALCON RES CORP | $1,427,000 | – | 325,000 | – | 0.72% | – |
| BRKA | New | BERKSHIRE HATHAWAY INC DELcl a | $282,000 | – | 1 | – | 0.14% | – |
Q4 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| OZM | Exit | OCH ZIFF CAP MGMT GROUPcl a | $0 | – | -13,800 | – | -0.02% | – |
| BRKA | Exit | BERKSHIRE HATHAWAY INC DELcl a | $0 | – | -1 | – | -0.09% | – |
| KGC | Exit | KINROSS GOLD CORP | $0 | – | -130,000 | – | -0.18% | – |
| GDXJ | Exit | VANECK VECTORS ETF TRjr gold miners e | $0 | – | -20,000 | – | -0.22% | – |
| DRAD | Exit | DIGIRAD CORP | $0 | – | -200,000 | – | -0.23% | – |
| AXTA | Exit | AXALTA COATING SYS LTD | $0 | – | -25,000 | – | -0.24% | – |
| GDX | Exit | VANECK VECTORS ETF TRgold miners etf | $0 | – | -32,500 | – | -0.25% | – |
| PDS | Exit | PRECISION DRILLING CORP | $0 | – | -295,000 | – | -0.31% | – |
| IGT | Exit | INTERNATIONAL GAME TECHNOLOG | $0 | – | -43,000 | – | -0.35% | – |
| GOLD | Exit | BARRICK GOLD CORP | $0 | – | -80,000 | – | -0.43% | – |
| CALM | Exit | CAL MAINE FOODS INC | $0 | – | -51,000 | – | -0.70% | – |
| NEBLQ | Exit | NOBLE CORP PLC | $0 | – | -630,000 | – | -0.97% | – |
| TDW | Exit | TIDEWATER INC NEW | $0 | – | -155,500 | – | -1.51% | – |
| UVE | Exit | UNIVERSAL INS HLDGS INC | $0 | – | -227,500 | – | -1.75% | – |
| COG | Exit | CABOT OIL & GAS CORP | $0 | – | -205,000 | – | -1.84% | – |
| AR | Exit | ANTERO RES CORP | $0 | – | -290,000 | – | -1.93% | – |
| EPAC | Exit | ACTUANT CORPcl a new | $0 | – | -230,000 | – | -1.97% | – |
| SAVE | Exit | SPIRIT AIRLS INC | $0 | – | -180,000 | – | -2.01% | – |
| OI | Exit | OWENS ILL INC | $0 | – | -250,000 | – | -2.10% | – |
| CF | Exit | CF INDS HLDGS INC | $0 | – | -180,000 | – | -2.12% | – |
| RRC | Exit | RANGE RES CORP | $0 | – | -350,000 | – | -2.29% | – |
| CINR | Exit | CINER RES LP | $0 | – | -275,000 | – | -2.30% | – |
| CNXC | Exit | CNX COAL RES LP | $0 | – | -525,000 | – | -2.60% | – |
| DAL | Exit | DELTA AIR LINES INC DEL | $0 | – | -185,000 | – | -2.98% | – |
| CAPL | Exit | CROSSAMERICA PARTNERS LPut ltd ptn int | $0 | – | -349,000 | – | -3.18% | – |
| HTZGQ | Exit | HERTZ GLOBAL HLDGS INC | $0 | – | -535,000 | – | -4.00% | – |
| CSU | Exit | CAPITAL SR LIVING CORP | $0 | – | -1,325,000 | – | -5.56% | – |
| AHGP | Exit | ALLIANCE HOLDINGS GP LP | $0 | – | -675,000 | – | -6.28% | – |
| CAR | Exit | AVIS BUDGET GROUP | $0 | – | -544,500 | – | -6.94% | – |
| VSAT | Exit | VIASAT INC | $0 | – | -325,000 | – | -7.00% | – |
| Exit | ISHARES TRput | $0 | – | -250,000 | – | -12.40% | – | |
| Exit | SPDR S&P 500 ETF TRput | $0 | – | -300,000 | – | -25.22% | – |
Q3 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Buy | SPDR S&P 500 ETF TRput | $75,370,000 | +38.5% | 300,000 | +33.3% | 25.22% | +17.9% | |
| Buy | ISHARES TRput | $37,045,000 | +76.0% | 250,000 | +66.7% | 12.40% | +49.8% | |
| VSAT | Buy | VIASAT INC | $20,904,000 | +23.8% | 325,000 | +27.5% | 7.00% | +5.4% |
| CAR | Sell | AVIS BUDGET GROUP | $20,724,000 | -9.9% | 544,500 | -35.4% | 6.94% | -23.3% |
| AHGP | Buy | ALLIANCE HOLDINGS GP LP | $18,772,000 | +27.0% | 675,000 | +8.2% | 6.28% | +8.1% |
| CSU | Buy | CAPITAL SR LIVING CORP | $16,629,000 | -9.3% | 1,325,000 | +10.0% | 5.56% | -22.8% |
| HTZGQ | Buy | HERTZ GLOBAL HLDGS INC | $11,963,000 | +123.7% | 535,000 | +15.1% | 4.00% | +90.3% |
| CAPL | Sell | CROSSAMERICA PARTNERS LPut ltd ptn int | $9,510,000 | -32.2% | 349,000 | -36.5% | 3.18% | -42.3% |
| DAL | Sell | DELTA AIR LINES INC DEL | $8,921,000 | -32.2% | 185,000 | -24.5% | 2.98% | -42.3% |
| CNXC | Buy | CNX COAL RES LP | $7,770,000 | +3.9% | 525,000 | +5.0% | 2.60% | -11.5% |
| CINR | Buy | CINER RES LP | $6,889,000 | +0.6% | 275,000 | +10.0% | 2.30% | -14.4% |
| RRC | Buy | RANGE RES CORP | $6,850,000 | +25.8% | 350,000 | +48.9% | 2.29% | +7.1% |
| CF | Buy | CF INDS HLDGS INC | $6,329,000 | +29.3% | 180,000 | +2.9% | 2.12% | +10.1% |
| OI | Sell | OWENS ILL INC | $6,290,000 | -37.3% | 250,000 | -40.4% | 2.10% | -46.6% |
| SAVE | New | SPIRIT AIRLS INC | $6,014,000 | – | 180,000 | – | 2.01% | – |
| EPAC | Sell | ACTUANT CORPcl a new | $5,888,000 | -32.6% | 230,000 | -35.2% | 1.97% | -42.6% |
| AR | Buy | ANTERO RES CORP | $5,771,000 | +9.0% | 290,000 | +18.4% | 1.93% | -7.3% |
| COG | Buy | CABOT OIL & GAS CORP | $5,484,000 | +130.1% | 205,000 | +115.8% | 1.84% | +95.8% |
| UVE | New | UNIVERSAL INS HLDGS INC | $5,233,000 | – | 227,500 | – | 1.75% | – |
| TDW | New | TIDEWATER INC NEW | $4,522,000 | – | 155,500 | – | 1.51% | – |
| NEBLQ | New | NOBLE CORP PLC | $2,898,000 | – | 630,000 | – | 0.97% | – |
| CALM | Buy | CAL MAINE FOODS INC | $2,096,000 | +164.6% | 51,000 | +155.0% | 0.70% | +125.4% |
| IGT | New | INTERNATIONAL GAME TECHNOLOG | $1,056,000 | – | 43,000 | – | 0.35% | – |
| PDS | New | PRECISION DRILLING CORP | $920,000 | – | 295,000 | – | 0.31% | – |
| AXTA | Sell | AXALTA COATING SYS LTD | $723,000 | -73.6% | 25,000 | -70.8% | 0.24% | -77.5% |
| DRAD | New | DIGIRAD CORP | $690,000 | – | 200,000 | – | 0.23% | – |
| KOP | Exit | KOPPERS HOLDINGS INC | $0 | – | -81,400 | – | -1.16% | – |
| USB | Exit | US BANCORP DEL | $0 | – | -115,000 | – | -2.35% | – |
| TRV | Exit | TRAVELERS COMPANIES INC | $0 | – | -50,000 | – | -2.49% | – |
Q2 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| New | SPDR S&P 500 ETF TRput | $54,405,000 | – | 225,000 | – | 21.39% | – | |
| CAR | New | AVIS BUDGET GROUP | $22,989,000 | – | 843,000 | – | 9.04% | – |
| New | ISHARES TRput | $21,047,000 | – | 150,000 | – | 8.28% | – | |
| CSU | New | CAPITAL SR LIVING CORP | $18,328,000 | – | 1,205,000 | – | 7.21% | – |
| VSAT | New | VIASAT INC | $16,881,000 | – | 255,000 | – | 6.64% | – |
| AHGP | New | ALLIANCE HOLDINGS GP LP | $14,784,000 | – | 623,800 | – | 5.81% | – |
| CAPL | New | CROSSAMERICA PARTNERS LPut ltd ptn int | $14,025,000 | – | 550,000 | – | 5.52% | – |
| DAL | New | DELTA AIR LINES INC DEL | $13,166,000 | – | 245,000 | – | 5.18% | – |
| OI | New | OWENS ILL INC | $10,027,000 | – | 419,200 | – | 3.94% | – |
| EPAC | New | ACTUANT CORPcl a new | $8,733,000 | – | 355,000 | – | 3.43% | – |
| CNXC | New | CNX COAL RES LP | $7,475,000 | – | 500,000 | – | 2.94% | – |
| CINR | New | CINER RES LP | $6,850,000 | – | 250,000 | – | 2.69% | – |
| TRV | New | TRAVELERS COMPANIES INC | $6,327,000 | – | 50,000 | – | 2.49% | – |
| USB | New | US BANCORP DEL | $5,971,000 | – | 115,000 | – | 2.35% | – |
| RRC | New | RANGE RES CORP | $5,445,000 | – | 235,000 | – | 2.14% | – |
| HTZGQ | New | HERTZ GLOBAL HLDGS INC | $5,348,000 | – | 465,000 | – | 2.10% | – |
| AR | New | ANTERO RES CORP | $5,294,000 | – | 245,000 | – | 2.08% | – |
| CF | New | CF INDS HLDGS INC | $4,893,000 | – | 175,000 | – | 1.92% | – |
| KOP | New | KOPPERS HOLDINGS INC | $2,943,000 | – | 81,400 | – | 1.16% | – |
| AXTA | New | AXALTA COATING SYS LTD | $2,739,000 | – | 85,500 | – | 1.08% | – |
| COG | New | CABOT OIL & GAS CORP | $2,383,000 | – | 95,000 | – | 0.94% | – |
| GOLD | New | BARRICK GOLD CORP | $1,273,000 | – | 80,000 | – | 0.50% | – |
| CALM | New | CAL MAINE FOODS INC | $792,000 | – | 20,000 | – | 0.31% | – |
| GDX | New | VANECK VECTORS ETF TRgold miners etf | $718,000 | – | 32,500 | – | 0.28% | – |
| GDXJ | New | VANECK VECTORS ETF TRjr gold miners e | $668,000 | – | 20,000 | – | 0.26% | – |
| KGC | New | KINROSS GOLD CORP | $529,000 | – | 130,000 | – | 0.21% | – |
| BRKA | New | BERKSHIRE HATHAWAY INC DELcl a | $255,000 | – | 1 | – | 0.10% | – |
| OZM | New | OCH ZIFF CAP MGMT GROUPcl a | $35,000 | – | 13,800 | – | 0.01% | – |
Q4 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CNA | Exit | CNA FINCL CORP | $0 | – | -100 | – | -0.00% | – |
| CLDPQ | Exit | CLOUD PEAK ENERGY INC | $0 | – | -30,800 | – | -0.06% | – |
| ORCL | Exit | ORACLE CORP | $0 | – | -5,000 | – | -0.07% | – |
| BRKA | Exit | BERKSHIRE HATHAWAY INC DELcl a | $0 | – | -1 | – | -0.08% | – |
| AIG | Exit | AMERICAN INTL GROUP INC | $0 | – | -5,000 | – | -0.11% | – |
| XRAY | Exit | DENTSPLY SIRONA INC | $0 | – | -17,500 | – | -0.38% | – |
| KBR | Exit | KBR INC | $0 | – | -100,000 | – | -0.55% | – |
| GOLD | Exit | BARRICK GOLD CORP | $0 | – | -115,000 | – | -0.75% | – |
| ARLP | Exit | ALLIANCE RES PARTNER LPut ltd part | $0 | – | -205,000 | – | -1.67% | – |
| PAA | Exit | PLAINS ALL AMERN PIPELINE Lunit ltd partn | $0 | – | -154,300 | – | -1.78% | – |
| AHGP | Exit | ALLIANCE HOLDINGS GP LP | $0 | – | -215,000 | – | -2.05% | – |
| EPAC | Exit | ACTUANT CORPcl a new | $0 | – | -260,000 | – | -2.21% | – |
| CNXC | Exit | CNX COAL RES LP | $0 | – | -401,000 | – | -2.28% | – |
| CINR | Exit | CINER RES LP | $0 | – | -250,000 | – | -2.85% | – |
| HTZGQ | Exit | HERTZ GLOBAL HLDGS INC | $0 | – | -210,000 | – | -3.09% | – |
| CF | Exit | CF INDS HLDGS INC | $0 | – | -350,000 | – | -3.12% | – |
| USB | Exit | US BANCORP DEL | $0 | – | -200,000 | – | -3.14% | – |
| CBS | Exit | CBS CORP NEWcl b | $0 | – | -165,000 | – | -3.31% | – |
| NOV | Exit | NATIONAL OILWELL VARCO INC | $0 | – | -250,000 | – | -3.36% | – |
| AXTA | Exit | AXALTA COATING SYS LTD | $0 | – | -325,000 | – | -3.37% | – |
| CAR | Exit | AVIS BUDGET GROUP | $0 | – | -335,000 | – | -4.20% | – |
| DAL | Exit | DELTA AIR LINES INC DEL | $0 | – | -310,000 | – | -4.47% | – |
| OI | Exit | OWENS ILL INC | $0 | – | -700,000 | – | -4.72% | – |
| CSU | Exit | CAPITAL SR LIVING CORP | $0 | – | -785,000 | – | -4.83% | – |
| CAPL | Exit | CROSSAMERICA PARTNERS LPut ltd ptn int | $0 | – | -591,100 | – | -5.50% | – |
| KOP | Exit | KOPPERS HOLDINGS INC | $0 | – | -475,000 | – | -5.60% | – |
| SPY | Exit | SPDR SP 500 ETF TRput | $0 | – | -460,000 | – | -36.45% | – |
Q3 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SPY | New | SPDR SP 500 ETF TRput | $99,498,000 | – | 460,000 | – | 36.45% | – |
| KOP | Sell | KOPPERS HOLDINGS INC | $15,286,000 | -7.8% | 475,000 | -12.0% | 5.60% | -44.0% |
| CAPL | Buy | CROSSAMERICA PARTNERS LPut ltd ptn int | $15,008,000 | +8.3% | 591,100 | +4.6% | 5.50% | -34.2% |
| CSU | Buy | CAPITAL SR LIVING CORP | $13,188,000 | +1.5% | 785,000 | +6.8% | 4.83% | -38.3% |
| DAL | Buy | DELTA AIR LINES INC DEL | $12,202,000 | +80.7% | 310,000 | +67.2% | 4.47% | +9.8% |
| CAR | Buy | AVIS BUDGET GROUP | $11,460,000 | +18.5% | 335,000 | +11.7% | 4.20% | -28.0% |
| AXTA | Buy | AXALTA COATING SYS LTD | $9,188,000 | +22.8% | 325,000 | +15.2% | 3.37% | -25.4% |
| NOV | Buy | NATIONAL OILWELL VARCO INC | $9,185,000 | +60.5% | 250,000 | +47.1% | 3.36% | -2.4% |
| CBS | Buy | CBS CORP NEWcl b | $9,032,000 | +690.2% | 165,000 | +685.7% | 3.31% | +380.3% |
| USB | Buy | US BANCORP DEL | $8,578,000 | +9.1% | 200,000 | +2.6% | 3.14% | -33.7% |
| CF | Buy | CF INDS HLDGS INC | $8,523,000 | +253.7% | 350,000 | +250.0% | 3.12% | +114.9% |
| HTZGQ | New | HERTZ GLOBAL HLDGS INC | $8,434,000 | – | 210,000 | – | 3.09% | – |
| CNXC | Sell | CNX COAL RES LP | $6,216,000 | +57.9% | 401,000 | -5.6% | 2.28% | -4.0% |
| EPAC | New | ACTUANT CORPcl a new | $6,042,000 | – | 260,000 | – | 2.21% | – |
| AHGP | Sell | ALLIANCE HOLDINGS GP LP | $5,601,000 | +11.9% | 215,000 | -9.6% | 2.05% | -32.0% |
| PAA | Sell | PLAINS ALL AMERN PIPELINE Lunit ltd partn | $4,847,000 | -11.8% | 154,300 | -22.8% | 1.78% | -46.4% |
| ARLP | Sell | ALLIANCE RES PARTNER LPut ltd part | $4,547,000 | +23.8% | 205,000 | -12.0% | 1.67% | -24.8% |
| GOLD | Sell | BARRICK GOLD CORP | $2,038,000 | -23.6% | 115,000 | -8.0% | 0.75% | -53.6% |
| KBR | New | KBR INC | $1,513,000 | – | 100,000 | – | 0.55% | – |
| XRAY | New | DENTSPLY SIRONA INC | $1,040,000 | – | 17,500 | – | 0.38% | – |
| ORCL | Sell | ORACLE CORP | $196,000 | -98.3% | 5,000 | -98.2% | 0.07% | -99.0% |
| CLDPQ | New | CLOUD PEAK ENERGY INC | $168,000 | – | 30,800 | – | 0.06% | – |
| IWM | Exit | ISHARES TRrussell 2000 etf | $0 | – | -500 | – | -0.00% | – |
| MFS | Exit | MANITOWOC FOODSERVICE INC | $0 | – | -8,000 | – | -0.08% | – |
| CE | Exit | CELANESE CORP DEL | $0 | – | -4,200 | – | -0.17% | – |
| SPY | Exit | SPDR SP 500 ETF TRtr unit | $0 | – | -2,250 | – | -0.19% | – |
| TEX | Exit | TEREX CORP NEW | $0 | – | -17,500 | – | -0.21% | – |
| CBLAQ | Exit | CBL ASSOC PPTYS INC | $0 | – | -195,000 | – | -1.09% | – |
| GS | Exit | GOLDMAN SACH GROUP INC | $0 | – | -17,500 | – | -1.57% | – |
| C | Exit | CITIGROUP INC | $0 | – | -65,000 | – | -1.66% | – |
| JPM | Exit | JPMORGAN CHASE CO | $0 | – | -52,500 | – | -1.97% | – |
| PAGP | Exit | PLAINS GP HLDGS L P | $0 | – | -500,000 | – | -3.14% | – |
| HTZ | Exit | HERTZ GLOBAL HOLDINGS INC | $0 | – | -1,095,500 | – | -7.31% | – |
Q2 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| KOP | New | KOPPERS HOLDINGS INC | $16,579,000 | – | 539,500 | – | 10.00% | – |
| CAPL | New | CROSSAMERICA PARTNERS LPut ltd ptn int | $13,854,000 | – | 565,000 | – | 8.35% | – |
| CSU | New | CAPITAL SR LIVING CORP | $12,987,000 | – | 735,000 | – | 7.83% | – |
| OI | New | OWENS ILL INC | $12,607,000 | – | 700,000 | – | 7.60% | – |
| HTZ | New | HERTZ GLOBAL HOLDINGS INC | $12,127,000 | – | 1,095,500 | – | 7.31% | – |
| ORCL | New | ORACLE CORP | $11,665,000 | – | 285,000 | – | 7.03% | – |
| CAR | New | AVIS BUDGET GROUP | $9,669,000 | – | 300,000 | – | 5.83% | – |
| USB | New | US BANCORP DEL | $7,864,000 | – | 195,000 | – | 4.74% | – |
| AXTA | New | AXALTA COATING SYS LTD | $7,484,000 | – | 282,100 | – | 4.51% | – |
| CINR | New | CINER RES LP | $7,005,000 | – | 250,000 | – | 4.22% | – |
| DAL | New | DELTA AIR LINES INC DEL | $6,754,000 | – | 185,400 | – | 4.07% | – |
| NOV | New | NATIONAL OILWELL VARCO INC | $5,721,000 | – | 170,000 | – | 3.45% | – |
| PAA | New | PLAINS ALL AMERN PIPELINE Lunit ltd partn | $5,498,000 | – | 200,000 | – | 3.32% | – |
| PAGP | New | PLAINS GP HLDGS L P | $5,215,000 | – | 500,000 | – | 3.14% | – |
| AHGP | New | ALLIANCE HOLDINGS GP LP | $5,005,000 | – | 237,900 | – | 3.02% | – |
| CNXC | New | CNX COAL RES LP | $3,936,000 | – | 425,000 | – | 2.37% | – |
| ARLP | New | ALLIANCE RES PARTNER LPut ltd part | $3,672,000 | – | 233,000 | – | 2.21% | – |
| JPM | New | JPMORGAN CHASE CO | $3,262,000 | – | 52,500 | – | 1.97% | – |
| C | New | CITIGROUP INC | $2,755,000 | – | 65,000 | – | 1.66% | – |
| GOLD | New | BARRICK GOLD CORP | $2,669,000 | – | 125,000 | – | 1.61% | – |
| GS | New | GOLDMAN SACH GROUP INC | $2,600,000 | – | 17,500 | – | 1.57% | – |
| CF | New | CF INDS HLDGS INC | $2,410,000 | – | 100,000 | – | 1.45% | – |
| CBLAQ | New | CBL ASSOC PPTYS INC | $1,815,000 | – | 195,000 | – | 1.09% | – |
| CBS | New | CBS CORP NEWcl b | $1,143,000 | – | 21,000 | – | 0.69% | – |
| TEX | New | TEREX CORP NEW | $355,000 | – | 17,500 | – | 0.21% | – |
| SPY | New | SPDR SP 500 ETF TRtr unit | $313,000 | – | 2,250 | – | 0.19% | – |
| CE | New | CELANESE CORP DEL | $275,000 | – | 4,200 | – | 0.17% | – |
| AIG | New | AMERICAN INTL GROUP INC | $264,000 | – | 5,000 | – | 0.16% | – |
| BRKA | New | BERKSHIRE HATHAWAY INC DELcl a | $217,000 | – | 1 | – | 0.13% | – |
| MFS | New | MANITOWOC FOODSERVICE INC | $141,000 | – | 8,000 | – | 0.08% | – |
| IWM | New | ISHARES TRrussell 2000 etf | $5,000 | – | 500 | – | 0.00% | – |
| CNA | New | CNA FINCL CORP | $3,000 | – | 100 | – | 0.00% | – |
Q4 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TEX | Exit | TEREX CORP NEW | $0 | – | -5,000 | – | -0.07% | – |
| CNXC | Exit | CNX COAL RES LP | $0 | – | -9,300 | – | -0.08% | – |
| BRKA | Exit | BERKSHIRE HATHAWAY INC DELcl a | $0 | – | -1 | – | -0.16% | – |
| MRC | Exit | MRC GLOBAL INC | $0 | – | -21,600 | – | -0.19% | – |
| BRSWQ | Exit | BRISTOW GROUP INc | $0 | – | -10,000 | – | -0.21% | – |
| KMI | Exit | KINDER MORGAN INC DEL | $0 | – | -30,000 | – | -0.67% | – |
| SPY | Exit | SPDR SP 500 ETF TR | $0 | – | -900 | – | -0.70% | – |
| MS | Exit | MORGAN STANLEY | $0 | – | -30,800 | – | -0.78% | – |
| NGD | Exit | NEW GOLD INC CDA | $0 | – | -500,000 | – | -0.91% | – |
| GS | Exit | GOLDMAN SACH GROUP INC | $0 | – | -6,700 | – | -0.94% | – |
| AB | Exit | ALLIANCEBERNSTEIN HOLDING LPunit ltd partn | $0 | – | -72,500 | – | -1.55% | – |
| FEI | Exit | FIRST TR MLP ENERGY INCOME | $0 | – | -130,000 | – | -1.66% | – |
| DNOW | Exit | NOW INC | $0 | – | -160,000 | – | -1.91% | – |
| PDS | Exit | PRECISION DRILLING CORP | $0 | – | -1,155,000 | – | -3.46% | – |
| GOLD | Exit | BARRICK GOLD CORP | $0 | – | -725,000 | – | -3.72% | – |
| HI | Exit | HILLENBRAND INC | $0 | – | -200,000 | – | -4.19% | – |
| USB | Exit | US BANCORP DEL | $0 | – | -142,500 | – | -4.71% | – |
| NOV | Exit | NATIONAL OILWELL VARCO INC | $0 | – | -186,000 | – | -5.64% | – |
| CE | Exit | CELANESE CORP DEL | $0 | – | -136,500 | – | -6.51% | – |
| CAR | Exit | AVIS BUDGET GROUP | $0 | – | -221,500 | – | -7.80% | – |
| KOP | Exit | KOPPERS HOLDINGS INC | $0 | – | -481,500 | – | -7.82% | – |
| TSN | Exit | TYSON FOODS INCcl a | $0 | – | -240,000 | – | -8.33% | – |
| CSU | Exit | CAPITAL SR LIVING CORP | $0 | – | -560,000 | – | -9.05% | – |
| ORCL | Exit | ORACLE CORP | $0 | – | -312,500 | – | -9.09% | – |
| OI | Exit | OWENS ILL INC | $0 | – | -560,000 | – | -9.35% | – |
| CAPL | Exit | CROSSAMERICA PARTNERS LPut ltd ptn int | $0 | – | -570,000 | – | -10.48% | – |
Q3 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CAPL | Buy | CROSSAMERICA PARTNERS LPut ltd ptn int | $13,007,000 | +283.5% | 570,000 | +375.0% | 10.48% | +253.7% |
| OI | Buy | OWENS ILL INC | $11,603,000 | -7.2% | 560,000 | +2.8% | 9.35% | -14.4% |
| ORCL | Buy | ORACLE CORP | $11,288,000 | -1.7% | 312,500 | +9.6% | 9.09% | -9.4% |
| CSU | Buy | CAPITAL SR LIVING CORP | $11,228,000 | +0.7% | 560,000 | +23.1% | 9.05% | -7.1% |
| TSN | Buy | TYSON FOODS INCcl a | $10,344,000 | +34.8% | 240,000 | +33.3% | 8.33% | +24.3% |
| KOP | Buy | KOPPERS HOLDINGS INC | $9,712,000 | -1.8% | 481,500 | +20.4% | 7.82% | -9.4% |
| CAR | Buy | AVIS BUDGET GROUP | $9,675,000 | +115.6% | 221,500 | +117.6% | 7.80% | +98.9% |
| CE | Sell | CELANESE CORP DEL | $8,077,000 | -25.1% | 136,500 | -9.0% | 6.51% | -30.9% |
| NOV | Buy | NATIONAL OILWELL VARCO INC | $7,003,000 | +22.9% | 186,000 | +57.6% | 5.64% | +13.4% |
| USB | Buy | US BANCORP DEL | $5,844,000 | +17.1% | 142,500 | +23.9% | 4.71% | +8.0% |
| HI | Buy | HILLENBRAND INC | $5,202,000 | +55.8% | 200,000 | +83.9% | 4.19% | +43.7% |
| GOLD | New | BARRICK GOLD CORP | $4,611,000 | – | 725,000 | – | 3.72% | – |
| PDS | Buy | PRECISION DRILLING CORP | $4,297,000 | -24.8% | 1,155,000 | +35.9% | 3.46% | -30.6% |
| DNOW | Buy | NOW INC | $2,368,000 | -5.2% | 160,000 | +27.5% | 1.91% | -12.6% |
| FEI | Buy | FIRST TR MLP ENERGY INCOME | $2,067,000 | +113.3% | 130,000 | +147.6% | 1.66% | +96.8% |
| AB | Sell | ALLIANCEBERNSTEIN HOLDING LPunit ltd partn | $1,929,000 | -15.7% | 72,500 | -6.5% | 1.55% | -22.3% |
| GS | New | GOLDMAN SACH GROUP INC | $1,164,000 | – | 6,700 | – | 0.94% | – |
| NGD | Sell | NEW GOLD INC CDA | $1,135,000 | -74.7% | 500,000 | -70.0% | 0.91% | -76.6% |
| MS | New | MORGAN STANLEY | $970,000 | – | 30,800 | – | 0.78% | – |
| SPY | New | SPDR SP 500 ETF TR | $875,000 | – | 900 | – | 0.70% | – |
| KMI | Sell | KINDER MORGAN INC DEL | $830,000 | -64.0% | 30,000 | -50.0% | 0.67% | -66.7% |
| BRSWQ | New | BRISTOW GROUP INc | $262,000 | – | 10,000 | – | 0.21% | – |
| MRC | New | MRC GLOBAL INC | $241,000 | – | 21,600 | – | 0.19% | – |
| CNXC | New | CNX COAL RES LP | $105,000 | – | 9,300 | – | 0.08% | – |
| TEX | New | TEREX CORP NEW | $90,000 | – | 5,000 | – | 0.07% | – |
| UAL | Exit | UNITED CONTL HLDGS INC | $0 | – | -3,500 | – | -0.16% | – |
| TMO | Exit | THERMO FISHER SCIENTIFIC INC | $0 | – | -2,500 | – | -0.28% | – |
| AIG | Exit | AMERICAN INTL GROUP INC | $0 | – | -25,000 | – | -1.35% | – |
| CST | Exit | CST BRANDS INC | $0 | – | -67,500 | – | -2.30% | – |
| C | Exit | CITIGROUP INC | $0 | – | -107,500 | – | -5.19% | – |
Q2 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| OI | New | OWENS ILL INC | $12,502,000 | – | 545,000 | – | 10.92% | – |
| ORCL | New | ORACLE CORP | $11,486,000 | – | 285,000 | – | 10.03% | – |
| CSU | New | CAPITAL SR LIVING CORP | $11,148,000 | – | 455,000 | – | 9.74% | – |
| CE | New | CELANESE CORP DEL | $10,782,000 | – | 150,000 | – | 9.42% | – |
| KOP | New | KOPPERS HOLDINGS INC | $9,888,000 | – | 400,000 | – | 8.64% | – |
| TSN | New | TYSON FOODS INCcl a | $7,673,000 | – | 180,000 | – | 6.70% | – |
| C | New | CITIGROUP INC | $5,938,000 | – | 107,500 | – | 5.19% | – |
| PDS | New | PRECISION DRILLING CORP | $5,712,000 | – | 850,000 | – | 4.99% | – |
| NOV | New | NATIONAL OILWELL VARCO INC | $5,697,000 | – | 118,000 | – | 4.98% | – |
| USB | New | US BANCORP DEL | $4,991,000 | – | 115,000 | – | 4.36% | – |
| CAR | New | AVIS BUDGET GROUP | $4,487,000 | – | 101,800 | – | 3.92% | – |
| NGD | New | NEW GOLD INC CDA | $4,479,000 | – | 1,665,000 | – | 3.91% | – |
| CAPL | New | CROSSAMERICA PARTNERS LPut ltd ptn int | $3,392,000 | – | 120,000 | – | 2.96% | – |
| HI | New | HILLENBRAND INC | $3,339,000 | – | 108,769 | – | 2.92% | – |
| CST | New | CST BRANDS INC | $2,637,000 | – | 67,500 | – | 2.30% | – |
| DNOW | New | NOW INC | $2,499,000 | – | 125,500 | – | 2.18% | – |
| KMI | New | KINDER MORGAN INC DEL | $2,303,000 | – | 60,000 | – | 2.01% | – |
| AB | New | ALLIANCEBERNSTEIN HOLDING LPunit ltd partn | $2,289,000 | – | 77,500 | – | 2.00% | – |
| AIG | New | AMERICAN INTL GROUP INC | $1,546,000 | – | 25,000 | – | 1.35% | – |
| FEI | New | FIRST TR MLP ENERGY INCOME | $969,000 | – | 52,500 | – | 0.85% | – |
| TMO | New | THERMO FISHER SCIENTIFIC INC | $324,000 | – | 2,500 | – | 0.28% | – |
| BRKA | New | BERKSHIRE HATHAWAY INC DELcl a | $205,000 | – | 1 | – | 0.18% | – |
| UAL | New | UNITED CONTL HLDGS INC | $186,000 | – | 3,500 | – | 0.16% | – |
Q4 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Exit | SPDR SP 500 ETF TR | $0 | – | -180 | – | -0.01% | – | |
| NL | Exit | NL INDS INC | $0 | – | -3,968 | – | -0.02% | – |
| BACWSA | Exit | BANK AMER CORP*w exp 01/16/2019 | $0 | – | -6,403 | – | -0.03% | – |
| BTG | Exit | B2GOLD CORP | $0 | – | -35,828 | – | -0.05% | – |
| Exit | BP PLC | $0 | – | -896 | – | -0.11% | – | |
| BRKA | Exit | BERKSHIRE HATHAWAY INC DELcl a | $0 | – | -1 | – | -0.13% | – |
| CF | Exit | CF INDS HLDGS INC | $0 | – | -900 | – | -0.16% | – |
| GDX | Exit | MARKET VECTORS ETF TRgold miner etf | $0 | – | -14,780 | – | -0.20% | – |
| Exit | CITIGROUP INC | $0 | – | -453 | – | -0.26% | – | |
| KMIWS | Exit | KINDER MORGAN INC DEL*w exp 05/25/2017 | $0 | – | -134,805 | – | -0.32% | – |
| PHYS | Exit | SPROTT PHYSICAL GOLD TRUSTunit | $0 | – | -49,263 | – | -0.32% | – |
| OPY | Exit | OPPENHEIMER HLDGS INCcl a non vtg | $0 | – | -31,454 | – | -0.41% | – |
| AIGWS | Exit | AMERICAN INTL GROUP INC*w exp 01/19/2021 | $0 | – | -38,874 | – | -0.60% | – |
| NPK | Exit | NATIONAL PRESTO INDS INC | $0 | – | -15,343 | – | -0.60% | – |
| KOP | Exit | KOPPERS HOLDINGS INC | $0 | – | -38,067 | – | -0.82% | – |
| CAR | Exit | AVIS BUDGET GROUP | $0 | – | -26,870 | – | -0.96% | – |
| LUK | Exit | LEUCADIA NATL CORP | $0 | – | -64,705 | – | -1.00% | – |
| GDXJ | Exit | MARKET VECTORS ETF TRjr gold miners e | $0 | – | -47,410 | – | -1.04% | – |
| LCUT | Exit | LIFETIME BRANDS INC | $0 | – | -114,202 | – | -1.14% | – |
| PSLV | Exit | SPROTT PHYSICAL SILVER TRtr unit | $0 | – | -277,664 | – | -1.24% | – |
| VOYA | Exit | VOYA FINL INC | $0 | – | -49,267 | – | -1.25% | – |
| NC | Exit | NACCO INDS INCcl a | $0 | – | -45,238 | – | -1.46% | – |
| NGD | Exit | NEW GOLD INC CDA | $0 | – | -447,847 | – | -1.47% | – |
| GNW | Exit | GENWORTH FINL INC | $0 | – | -184,234 | – | -1.57% | – |
| HY | Exit | HYSTER YALE MATLS HANDLING Icl a | $0 | – | -33,768 | – | -1.57% | – |
| AB | Exit | ALLIANCEBERNSTEIN HOLDING LPunit ltd partn | $0 | – | -94,099 | – | -1.59% | – |
| ALLY | Exit | ALLY FINL INC | $0 | – | -107,483 | – | -1.61% | – |
| CNA | Exit | CNA FINL CORP | $0 | – | -85,374 | – | -2.11% | – |
| HI | Exit | HILLENBRAND INC | $0 | – | -132,587 | – | -2.66% | – |
| L | Exit | LOEWS CORP | $0 | – | -103,348 | – | -2.79% | – |
| NOV | Exit | NATIONAL OILWELL VARCO INC | $0 | – | -58,417 | – | -2.89% | – |
| TDW | Exit | TIDEWATER INC | $0 | – | -116,423 | – | -2.95% | – |
| KMI | Exit | KINDER MORGAN INC DEL | $0 | – | -119,267 | – | -2.97% | – |
| MS | Exit | MORGAN STANLEY | $0 | – | -137,032 | – | -3.08% | – |
| V107SC | Exit | WELLPOINT INC | $0 | – | -40,306 | – | -3.13% | – |
| AIG | Exit | AMERICAN INTL GROUP INC | $0 | – | -96,615 | – | -3.39% | – |
| EXC | Exit | EXELON CORP | $0 | – | -195,597 | – | -4.33% | – |
| PDS | Exit | PRECISION DRILLING CORP | $0 | – | -671,879 | – | -4.71% | – |
| GLD | Exit | SPDR GOLD TRUST | $0 | – | -65,835 | – | -4.97% | – |
| CSU | Exit | CAPITAL SR LIVING CORP | $0 | – | -425,455 | – | -5.86% | – |
| CE | Exit | CELANESE CORP DEL | $0 | – | -161,549 | – | -6.14% | – |
| ORCL | Exit | ORACLE CORP | $0 | – | -258,859 | – | -6.43% | – |
| C | Exit | CITIGROUP INC | $0 | – | -210,493 | – | -7.08% | – |
| ESV | Exit | ENSCO PLC | $0 | – | -267,455 | – | -7.17% | – |
| KMR | Exit | KINDER MORGAN MANAGEMENT LLC | $0 | – | -121,517 | – | -7.43% | – |
Q3 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| KMR | Buy | KINDER MORGAN MANAGEMENT LLC | $11,441,000 | +21.4% | 121,517 | +1.7% | 7.43% | +25.2% |
| ESV | Buy | ENSCO PLC | $11,049,000 | +30.4% | 267,455 | +75.4% | 7.17% | +34.6% |
| C | Sell | CITIGROUP INC | $10,908,000 | +2.4% | 210,493 | -6.9% | 7.08% | +5.6% |
| ORCL | Buy | ORACLE CORP | $9,909,000 | -4.0% | 258,859 | +1.6% | 6.43% | -1.0% |
| CE | Buy | CELANESE CORP DEL | $9,454,000 | -8.3% | 161,549 | +0.7% | 6.14% | -5.4% |
| CSU | Buy | CAPITAL SR LIVING CORP | $9,032,000 | +43.3% | 425,455 | +60.9% | 5.86% | +47.8% |
| GLD | Buy | SPDR GOLD TRUST | $7,651,000 | -9.0% | 65,835 | +0.2% | 4.97% | -6.2% |
| PDS | Buy | PRECISION DRILLING CORP | $7,250,000 | -23.0% | 671,879 | +1.0% | 4.71% | -20.6% |
| AIG | Buy | AMERICAN INTL GROUP INC | $5,219,000 | -0.2% | 96,615 | +0.8% | 3.39% | +2.9% |
| V107SC | Sell | WELLPOINT INC | $4,821,000 | -28.4% | 40,306 | -35.5% | 3.13% | -26.1% |
| MS | Sell | MORGAN STANLEY | $4,737,000 | +3.9% | 137,032 | -2.8% | 3.08% | +7.2% |
| KMI | Sell | KINDER MORGAN INC DEL | $4,573,000 | -7.2% | 119,267 | -12.3% | 2.97% | -4.3% |
| TDW | New | TIDEWATER INC | $4,544,000 | – | 116,423 | – | 2.95% | – |
| NOV | Sell | NATIONAL OILWELL VARCO INC | $4,446,000 | -22.0% | 58,417 | -15.6% | 2.89% | -19.5% |
| L | Buy | LOEWS CORP | $4,305,000 | +82.3% | 103,348 | +92.6% | 2.79% | +88.1% |
| HI | Sell | HILLENBRAND INC | $4,096,000 | -7.0% | 132,587 | -1.8% | 2.66% | -4.0% |
| CNA | New | CNA FINL CORP | $3,247,000 | – | 85,374 | – | 2.11% | – |
| ALLY | New | ALLY FINL INC | $2,487,000 | – | 107,483 | – | 1.61% | – |
| AB | Buy | ALLIANCEBERNSTEIN HOLDING LPunit ltd partn | $2,448,000 | +2.6% | 94,099 | +2.0% | 1.59% | +5.8% |
| HY | New | HYSTER YALE MATLS HANDLING Icl a | $2,418,000 | – | 33,768 | – | 1.57% | – |
| GNW | Buy | GENWORTH FINL INC | $2,413,000 | +52.4% | 184,234 | +102.5% | 1.57% | +57.2% |
| NGD | Buy | NEW GOLD INC CDA | $2,262,000 | -10.6% | 447,847 | +12.7% | 1.47% | -7.8% |
| NC | Buy | NACCO INDS INCcl a | $2,250,000 | +1.0% | 45,238 | +2.7% | 1.46% | +4.1% |
| VOYA | New | VOYA FINL INC | $1,926,000 | – | 49,267 | – | 1.25% | – |
| PSLV | Buy | SPROTT PHYSICAL SILVER TRtr unit | $1,910,000 | -17.7% | 277,664 | +1.3% | 1.24% | -15.1% |
| LCUT | Buy | LIFETIME BRANDS INC | $1,748,000 | -1.4% | 114,202 | +1.3% | 1.14% | +1.8% |
| GDXJ | Buy | MARKET VECTORS ETF TRjr gold miners e | $1,594,000 | -20.4% | 47,410 | +0.0% | 1.04% | -17.9% |
| LUK | Buy | LEUCADIA NATL CORP | $1,543,000 | +0.1% | 64,705 | +10.0% | 1.00% | +3.3% |
| CAR | Sell | AVIS BUDGET GROUP | $1,475,000 | -65.6% | 26,870 | -62.6% | 0.96% | -64.5% |
| KOP | New | KOPPERS HOLDINGS INC | $1,262,000 | – | 38,067 | – | 0.82% | – |
| NPK | Buy | NATIONAL PRESTO INDS INC | $931,000 | +28.2% | 15,343 | +53.9% | 0.60% | +32.2% |
| OPY | Buy | OPPENHEIMER HLDGS INCcl a non vtg | $637,000 | -8.3% | 31,454 | +8.6% | 0.41% | -5.5% |
| KMIWS | Buy | KINDER MORGAN INC DEL*w exp 05/25/2017 | $491,000 | +34.2% | 134,805 | +2.4% | 0.32% | +38.7% |
| PHYS | Buy | SPROTT PHYSICAL GOLD TRUSTunit | $491,000 | +50.6% | 49,263 | +66.4% | 0.32% | +55.6% |
| GDX | Buy | MARKET VECTORS ETF TRgold miner etf | $316,000 | +13.7% | 14,780 | +40.5% | 0.20% | +17.1% |
| CF | Sell | CF INDS HLDGS INC | $251,000 | -91.2% | 900 | -92.4% | 0.16% | -90.9% |
| Buy | BP PLC | $172,000 | +16.2% | 896 | +293.0% | 0.11% | +20.4% | |
| BTG | New | B2GOLD CORP | $73,000 | – | 35,828 | – | 0.05% | – |
| NL | Buy | NL INDS INC | $29,000 | -6.5% | 3,968 | +17.5% | 0.02% | -5.0% |
| Sell | SPDR SP 500 ETF TR | $17,000 | -89.1% | 180 | -94.7% | 0.01% | -88.8% | |
| KB | Exit | KB FINANCIAL GROUP INCsponsored adr | $0 | – | -9,049 | – | -0.20% | – |
| DNOW | Exit | NOW INC | $0 | – | -22,621 | – | -0.52% | – |
| PRE | Exit | PARTNERRE LTD | $0 | – | -8,663 | – | -0.60% | – |
| 2108SC | Exit | EL PASO PIPELINE PARTNERS L | $0 | – | -30,436 | – | -0.69% | – |
| GS | Exit | GOLDMAN SACHS GROUP INC | $0 | – | -8,156 | – | -0.86% | – |
| OKS | Exit | ONEOK PARTNERS LPunit ltd partn | $0 | – | -47,382 | – | -1.75% | – |
| 6107SC | Exit | URS CORP NEW | $0 | – | -76,029 | – | -2.19% | – |
| JPM | Exit | JPMORGAN CHASE CO | $0 | – | -104,212 | – | -3.78% | – |
Q2 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| C | New | CITIGROUP INC | $10,654,000 | – | 226,209 | – | 6.70% | – |
| ORCL | New | ORACLE CORP | $10,324,000 | – | 254,715 | – | 6.50% | – |
| CE | New | CELANESE CORP DEL | $10,308,000 | – | 160,358 | – | 6.48% | – |
| KMR | New | KINDER MORGAN MANAGEMENT LLC | $9,427,000 | – | 119,440 | – | 5.93% | – |
| PDS | New | PRECISION DRILLING CORP | $9,417,000 | – | 665,062 | – | 5.92% | – |
| ESV | New | ENSCO PLC | $8,472,000 | – | 152,455 | – | 5.33% | – |
| GLD | New | SPDR GOLD TRUST | $8,412,000 | – | 65,698 | – | 5.29% | – |
| EXC | New | EXELON CORP | $7,135,000 | – | 195,597 | – | 4.49% | – |
| V107SC | New | WELLPOINT INC | $6,729,000 | – | 62,527 | – | 4.23% | – |
| CSU | New | CAPITAL SR LIVING CORP | $6,303,000 | – | 264,406 | – | 3.96% | – |
| JPM | New | JPMORGAN CHASE CO | $6,005,000 | – | 104,212 | – | 3.78% | – |
| NOV | New | NATIONAL OILWELL VARCO INC | $5,700,000 | – | 69,220 | – | 3.59% | – |
| AIG | New | AMERICAN INTL GROUP INC | $5,230,000 | – | 95,828 | – | 3.29% | – |
| KMI | New | KINDER MORGAN INC DEL | $4,929,000 | – | 135,929 | – | 3.10% | – |
| MS | New | MORGAN STANLEY | $4,560,000 | – | 141,032 | – | 2.87% | – |
| HI | New | HILLENBRAND INC | $4,403,000 | – | 134,987 | – | 2.77% | – |
| CAR | New | AVIS BUDGET GROUP | $4,288,000 | – | 71,844 | – | 2.70% | – |
| 6107SC | New | URS CORP NEW | $3,486,000 | – | 76,029 | – | 2.19% | – |
| CF | New | CF INDS HLDGS INC | $2,862,000 | – | 11,900 | – | 1.80% | – |
| OKS | New | ONEOK PARTNERS LPunit ltd partn | $2,777,000 | – | 47,382 | – | 1.75% | – |
| NGD | New | NEW GOLD INC CDA | $2,531,000 | – | 397,409 | – | 1.59% | – |
| AB | New | ALLIANCEBERNSTEIN HOLDING LPunit ltd partn | $2,387,000 | – | 92,251 | – | 1.50% | – |
| L | New | LOEWS CORP | $2,361,000 | – | 53,657 | – | 1.48% | – |
| PSLV | New | SPROTT PHYSICAL SILVER TRtr unit | $2,322,000 | – | 274,128 | – | 1.46% | – |
| NC | New | NACCO INDS INCcl a | $2,228,000 | – | 44,041 | – | 1.40% | – |
| GDXJ | New | MARKET VECTORS ETF TRjr gold miners e | $2,003,000 | – | 47,392 | – | 1.26% | – |
| LCUT | New | LIFETIME BRANDS INC | $1,772,000 | – | 112,743 | – | 1.12% | – |
| GNW | New | GENWORTH FINL INC | $1,583,000 | – | 90,987 | – | 1.00% | – |
| LUK | New | LEUCADIA NATL CORP | $1,542,000 | – | 58,814 | – | 0.97% | – |
| GS | New | GOLDMAN SACHS GROUP INC | $1,366,000 | – | 8,156 | – | 0.86% | – |
| 2108SC | New | EL PASO PIPELINE PARTNERS L | $1,103,000 | – | 30,436 | – | 0.69% | – |
| AIGWS | New | AMERICAN INTL GROUP INC*w exp 01/19/2021 | $1,034,000 | – | 38,874 | – | 0.65% | – |
| PRE | New | PARTNERRE LTD | $946,000 | – | 8,663 | – | 0.60% | – |
| DNOW | New | NOW INC | $819,000 | – | 22,621 | – | 0.52% | – |
| NPK | New | NATIONAL PRESTO INDS INC | $726,000 | – | 9,969 | – | 0.46% | – |
| OPY | New | OPPENHEIMER HLDGS INCcl a non vtg | $695,000 | – | 28,955 | – | 0.44% | – |
| KMIWS | New | KINDER MORGAN INC DEL*w exp 05/25/2017 | $366,000 | – | 131,583 | – | 0.23% | – |
| PHYS | New | SPROTT PHYSICAL GOLD TRUSTunit | $326,000 | – | 29,613 | – | 0.20% | – |
| KB | New | KB FINANCIAL GROUP INCsponsored adr | $315,000 | – | 9,049 | – | 0.20% | – |
| GDX | New | MARKET VECTORS ETF TRgold miner etf | $278,000 | – | 10,519 | – | 0.18% | – |
| New | CITIGROUP INC | $256,000 | – | 453 | – | 0.16% | – | |
| BRKA | New | BERKSHIRE HATHAWAY INC DELcl a | $190,000 | – | 1 | – | 0.12% | – |
| New | SPDR SP 500 ETF TR | $156,000 | – | 3,396 | – | 0.10% | – | |
| New | BP PLC | $148,000 | – | 228 | – | 0.09% | – | |
| BACWSA | New | BANK OF AMERICA CORPORATION*w exp 01/16/2019 | $44,000 | – | 6,403 | – | 0.03% | – |
| NL | New | NL INDS INC | $31,000 | – | 3,376 | – | 0.02% | – |
Q4 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| RAIL | Exit | FREIGHTCAR AMER INC | $0 | – | -7,976 | – | -0.12% | – |
| PSLV | Exit | SPROTT PHYSICAL SILVER TRUST ETFtr unit | $0 | – | -27,597 | – | -0.17% | – |
| GLD | Exit | SPDR GOLD TRUST | $0 | – | -2,000 | – | -0.18% | – |
| NGD | Exit | NEW GOLD INC CDA | $0 | – | -105,435 | – | -0.44% | – |
| CEF | Exit | CENTRAL FD CDA LTDcl a | $0 | – | -50,383 | – | -0.51% | – |
| AIZ | Exit | ASSURANT INC | $0 | – | -13,753 | – | -0.52% | – |
| Exit | CHESAPEAKE ENERGY CORPcall | $0 | – | -734 | – | -0.57% | – | |
| UAL | Exit | UNITED CONTL HLDGS INC | $0 | – | -45,839 | – | -0.98% | – |
| SLV | Exit | ISHARES SILVER TRUSTishares | $0 | – | -81,979 | – | -1.19% | – |
| BRKA | Exit | BERKSHIRE HATHAWAY INC DELcl a | $0 | – | -11 | – | -1.30% | – |
| MDR | Exit | MCDERMOTT INTL INC | $0 | – | -265,880 | – | -1.37% | – |
| DAL | Exit | DELTA AIR LINES INC DEL | $0 | – | -91,681 | – | -1.50% | – |
| PGEM | Exit | PLY GEM HLDGS INC | $0 | – | -155,402 | – | -1.51% | – |
| GDX | Exit | MARKET VECTORS ETF TRgold miner etf | $0 | – | -100,851 | – | -1.75% | – |
| OKS | Exit | ONEOK PARTNERS LPunit ltd partn | $0 | – | -48,405 | – | -1.78% | – |
| CF | Exit | CF INDS HLDGS INC | $0 | – | -12,561 | – | -1.84% | – |
| NOV | Exit | NATIONAL OILWELL VARCO INC | $0 | – | -34,381 | – | -1.86% | – |
| MFCB | Exit | MFC INDL LTD | $0 | – | -334,349 | – | -1.95% | – |
| LUK | Exit | LEUCADIA NATL CORP | $0 | – | -105,345 | – | -1.99% | – |
| TRV | Exit | TRAVELERS COMPANIES INC | $0 | – | -36,672 | – | -2.16% | – |
| IAU | Exit | ISHARES GOLD TRUSTishares | $0 | – | -250,000 | – | -2.24% | – |
| LMT | Exit | LOCKHEED MARTIN CORP | $0 | – | -33,005 | – | -2.92% | – |
| V107SC | Exit | WELLPOINT INC | $0 | – | -50,424 | – | -2.93% | – |
| EXC | Exit | EXELON CORP | $0 | – | -169,612 | – | -3.49% | – |
| MS | Exit | MORGAN STANLEY | $0 | – | -187,948 | – | -3.52% | – |
| JPM | Exit | JPMORGAN CHASE CO | $0 | – | -100,851 | – | -3.62% | – |
| PHYS | Exit | SPROTT PHYSICAL GOLD TRUST ETFunit | $0 | – | -490,500 | – | -3.75% | – |
| HAL | Exit | HALLIBURTON CO | $0 | – | -114,602 | – | -3.83% | – |
| AIG | Exit | AMERICAN INTL GROUP INC | $0 | – | -120,469 | – | -4.06% | – |
| USB | Exit | US BANCORP DEL | $0 | – | -168,511 | – | -4.28% | – |
| C | Exit | CITIGROUP INC | $0 | – | -142,096 | – | -4.78% | – |
| ORCL | Exit | ORACLE CORP | $0 | – | -229,206 | – | -5.28% | – |
| CHK | Exit | CHESAPEAKE ENERGY CORP | $0 | – | -296,602 | – | -5.33% | – |
| CE | Exit | CELANESE CORP DEL | $0 | – | -146,692 | – | -5.37% | – |
| LUV | Exit | SOUTHWEST AIRLS CO | $0 | – | -595,932 | – | -6.02% | – |
| CAR | Exit | AVIS BUDGET GROUP | $0 | – | -366,728 | – | -7.34% | – |
| HI | Exit | HILLENBRAND INC | $0 | – | -398,815 | – | -7.58% | – |
Q3 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| HI | Sell | HILLENBRAND INC | $10,916,000 | -4.6% | 398,815 | -17.3% | 7.58% | -11.4% |
| CAR | Buy | AVIS BUDGET GROUP | $10,573,000 | +95.8% | 366,728 | +95.3% | 7.34% | +81.9% |
| LUV | Sell | SOUTHWEST AIRLS CO | $8,677,000 | +8.7% | 595,932 | -3.8% | 6.02% | +0.9% |
| CE | New | CELANESE CORP DEL | $7,744,000 | – | 146,692 | – | 5.37% | – |
| ORCL | New | ORACLE CORP | $7,603,000 | – | 229,206 | – | 5.28% | – |
| C | Sell | CITIGROUP INC | $6,893,000 | -30.3% | 142,096 | -31.1% | 4.78% | -35.3% |
| USB | Sell | US BANCORP DEL | $6,164,000 | -13.7% | 168,511 | -14.7% | 4.28% | -19.8% |
| AIG | Sell | AMERICAN INTL GROUP INC | $5,858,000 | -28.5% | 120,469 | -34.2% | 4.06% | -33.6% |
| HAL | Sell | HALLIBURTON CO | $5,518,000 | -61.0% | 114,602 | -66.2% | 3.83% | -63.8% |
| PHYS | Buy | SPROTT PHYSICAL GOLD TRUST ETFunit | $5,408,000 | +14.0% | 490,500 | +5.9% | 3.75% | +5.8% |
| JPM | New | JPMORGAN CHASE CO | $5,213,000 | – | 100,851 | – | 3.62% | – |
| MS | Sell | MORGAN STANLEY | $5,065,000 | -11.2% | 187,948 | -19.5% | 3.52% | -17.6% |
| EXC | New | EXELON CORP | $5,027,000 | – | 169,612 | – | 3.49% | – |
| V107SC | Sell | WELLPOINT INC | $4,216,000 | -45.2% | 50,424 | -46.3% | 2.93% | -49.1% |
| LMT | Sell | LOCKHEED MARTIN CORP | $4,210,000 | -71.8% | 33,005 | -76.0% | 2.92% | -73.8% |
| TRV | Sell | TRAVELERS COMPANIES INC | $3,109,000 | -36.8% | 36,672 | -40.4% | 2.16% | -41.2% |
| NOV | New | NATIONAL OILWELL VARCO INC | $2,685,000 | – | 34,381 | – | 1.86% | – |
| CF | New | CF INDS HLDGS INC | $2,648,000 | – | 12,561 | – | 1.84% | – |
| OKS | Buy | ONEOK PARTNERS LPunit ltd partn | $2,566,000 | +551.3% | 48,405 | +508.4% | 1.78% | +505.8% |
| GDX | Buy | MARKET VECTORS ETF TRgold miner etf | $2,523,000 | +4.6% | 100,851 | +2.4% | 1.75% | -2.9% |
| PGEM | New | PLY GEM HLDGS INC | $2,173,000 | – | 155,402 | – | 1.51% | – |
| DAL | Sell | DELTA AIR LINES INC DEL | $2,163,000 | -29.9% | 91,681 | -44.4% | 1.50% | -34.9% |
| MDR | Buy | MCDERMOTT INTL INC | $1,975,000 | +64.9% | 265,880 | +81.5% | 1.37% | +53.2% |
| BRKA | Sell | BERKSHIRE HATHAWAY INC DELcl a | $1,875,000 | -47.0% | 11 | -47.6% | 1.30% | -50.8% |
| SLV | Buy | ISHARES SILVER TRUSTishares | $1,713,000 | +16.6% | 81,979 | +5.9% | 1.19% | +8.3% |
| UAL | New | UNITED CONTL HLDGS INC | $1,408,000 | – | 45,839 | – | 0.98% | – |
| New | CHESAPEAKE ENERGY CORPcall | $822,000 | – | 734 | – | 0.57% | – | |
| AIZ | New | ASSURANT INC | $744,000 | – | 13,753 | – | 0.52% | – |
| NGD | New | NEW GOLD INC CDA | $631,000 | – | 105,435 | – | 0.44% | – |
| GLD | Sell | SPDR GOLD TRUST | $256,000 | -69.3% | 2,000 | -71.4% | 0.18% | -71.4% |
| PSLV | Buy | SPROTT PHYSICAL SILVER TRUST ETFtr unit | $241,000 | +48.8% | 27,597 | +31.1% | 0.17% | +38.0% |
| RAIL | Sell | FREIGHTCAR AMER INC | $165,000 | -73.5% | 7,976 | -78.2% | 0.12% | -75.3% |
| JAKK | Exit | JAKKS PAC INC | $0 | – | -2,107 | – | -0.02% | – |
| CHK | Exit | CHESAPEAKE ENERGY CORPcall | $0 | – | -874 | – | -0.41% | – |
| WDC | Exit | WESTERN DIGITAL CORP | $0 | – | -14,541 | – | -0.68% | – |
| GDOT | Exit | GREEN DOT CORPcl a | $0 | – | -65,498 | – | -0.98% | – |
Q2 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| LMT | New | LOCKHEED MARTIN CORP | $14,903,000 | – | 137,407 | – | 11.14% | – |
| HAL | New | HALLIBURTON CO | $14,144,000 | – | 339,022 | – | 10.57% | – |
| HI | New | HILLENBRAND INC | $11,437,000 | – | 482,370 | – | 8.55% | – |
| C | New | CITIGROUP INC | $9,887,000 | – | 206,108 | – | 7.39% | – |
| AIG | New | AMERICAN INTL GROUP INC | $8,190,000 | – | 183,214 | – | 6.12% | – |
| LUV | New | SOUTHWEST AIRLS CO | $7,983,000 | – | 619,354 | – | 5.96% | – |
| V107SC | New | WELLPOINT INC | $7,687,000 | – | 93,926 | – | 5.74% | – |
| USB | New | US BANCORP DEL | $7,140,000 | – | 197,519 | – | 5.34% | – |
| CHK | New | CHESAPEAKE ENERGY CORP | $6,045,000 | – | 296,602 | – | 4.52% | – |
| MS | New | MORGAN STANLEY | $5,707,000 | – | 233,590 | – | 4.26% | – |
| CAR | New | AVIS BUDGET GROUP | $5,399,000 | – | 187,791 | – | 4.03% | – |
| TRV | New | TRAVELERS COMPANIES INC | $4,916,000 | – | 61,506 | – | 3.67% | – |
| PHYS | New | SPROTT PHYSICAL GOLD TRUST ETFunit | $4,745,000 | – | 463,352 | – | 3.55% | – |
| BRKA | New | BERKSHIRE HATHAWAY INC DELcl a | $3,541,000 | – | 21 | – | 2.65% | – |
| DAL | New | DELTA AIR LINES, INC DEL | $3,085,000 | – | 164,893 | – | 2.30% | – |
| IAU | New | ISHARES GOLD TRUSTishares | $2,998,000 | – | 250,000 | – | 2.24% | – |
| LUK | New | LEUCADIA NATL CORP | $2,762,000 | – | 105,345 | – | 2.06% | – |
| MFCB | New | MFC INDL LTD | $2,698,000 | – | 334,349 | – | 2.02% | – |
| GDX | New | MARKET VECTORS ETF TRgold miner etf | $2,413,000 | – | 98,531 | – | 1.80% | – |
| SLV | New | ISHARES SILVER TRUSTishares | $1,469,000 | – | 77,433 | – | 1.10% | – |
| GDOT | New | GREEN DOT CORPcl a | $1,307,000 | – | 65,498 | – | 0.98% | – |
| MDR | New | MCDERMOTT INTL INC | $1,198,000 | – | 146,515 | – | 0.90% | – |
| WDC | New | WESTERN DIGITAL CORP | $903,000 | – | 14,541 | – | 0.68% | – |
| GLD | New | SPDR GOLD TRUST | $834,000 | – | 7,000 | – | 0.62% | – |
| CEF | New | CENTRAL FD CDA LTDcl a | $685,000 | – | 50,383 | – | 0.51% | – |
| RAIL | New | FREIGHTCAR AMER INC | $623,000 | – | 36,641 | – | 0.47% | – |
| CHK | New | CHESAPEAKE ENERGY CORPcall | $552,000 | – | 874 | – | 0.41% | – |
| OKS | New | ONEOK PARTNERS LPunit ltd partn | $394,000 | – | 7,956 | – | 0.29% | – |
| PSLV | New | SPROTT PHYSICAL SILVER TRUST ETFtr unit | $162,000 | – | 21,049 | – | 0.12% | – |
| JAKK | New | JAKKS PAC INC | $24,000 | – | 2,107 | – | 0.02% | – |