Portfolio moves
Net position changes between two of this fund's N-PORT
snapshots. These are differences between point-in-time reports — not a
trade log — and share counts can be affected by splits and other corporate
actions.
Dec 31, 2025 → Mar 31, 2026
Expand a category to
see the positions behind it, ranked by weight.
▶
Opened
· 4 positions
Security
Shares Dec 2025
Shares Mar 2026
Δ shares
End %
Δ value
U-HAUL HOLDING CO-NON VOTING COMMON STOCK
0
27,126
27,126
1.83%
$1.21M
VIVENDI SE
0
430,917
430,917
1.33%
$881.30K
US ULTRA BOND CBT Sep25
0
754,564
754,564
1.14%
$754.56K
U.S. Treasury Bills
0
750,000
750,000
1.13%
$745.82K
▶
Exited
· 6 positions
Security
Shares Dec 2025
Shares Mar 2026
Δ shares
End %
Δ value
U.S. Treasury Bills
1,000,000
0
-1,000,000
0.00%
-$998.03K
U.S. Treasury Bills
850,000
0
-850,000
0.00%
-$843.11K
U.S. Treasury Bills
765,000
0
-765,000
0.00%
-$759.80K
U.S. Treasury Bills
760,000
0
-760,000
0.00%
-$759.71K
U.S. Treasury Bills
325,000
0
-325,000
0.00%
-$323.91K
HIGHLAND COPPER CO INC SPECIAL PURPOSE ACQUISITION COMPANIES
1,550,000
0
-1,550,000
0.00%
-$158.31K
▶
Increased
· 2 positions
Security
Shares Dec 2025
Shares Mar 2026
Δ shares
End %
Δ value
CAPITAL ONE FINANCIAL CORP
2,845
3,385
540
0.93%
-$71.96K
SCHOLASTIC CORP
12,111
12,171
60
0.72%
$116.55K
▶
Decreased
· 33 positions
Security
Shares Dec 2025
Shares Mar 2026
Δ shares
End %
Δ value
BOLLORE SE
1,239,539
1,003,284
-236,255
8.54%
-$1.32M
PRAIRIESKY ROYALTY LTD
175,978
128,528
-47,450
4.47%
-$504.56K
ALPHABET INC CL A
10,195
9,700
-495
4.21%
-$401.70K
JOINT CORP/THE
305,688
304,421
-1,267
4.06%
$28.53K
INTERNATIONAL WORKPLACE GROUP PLC
1,176,701
1,031,519
-145,182
3.59%
-$1.28M
DSV PANALPINA A S
10,230
9,560
-670
3.40%
-$341.06K
CANAL+SA
996,705
799,995
-196,710
3.18%
-$1.47M
BURFORD CAP. LTD
368,129
363,129
-5,000
2.48%
-$1.64M
Koninklijke Philips NV SPON ADR REP 1 ORD EUR0.20
61,225
43,175
-18,050
1.78%
-$474.98K
CME GROUP INC CL A
3,500
2,400
-1,100
1.07%
-$246.94K
Enterprise Products Partners LP
19,570
15,670
-3,900
0.89%
-$34.46K
TANDY LEATHER FACTORY INC
395,175
170,027
-225,148
0.59%
-$690.02K
DELTA AIR LI
7,950
1,350
-6,600
0.14%
-$461.98K
FANNIE MAE POOL FN AB9550
64,156
62,440
-1,716
0.09%
-$2.14K
FNMA 30YR 3.0% 05/01/2043#AT2721
54,701
53,314
-1,387
0.07%
-$1.74K
FANNIE MAE POOL FN AB6858
34,604
33,846
-758
0.05%
-$1.13K
FNMA UMBS, 30 Year
32,168
31,365
-803
0.04%
-$1.06K
FANNIE MAE POOL FN AR6834
31,460
30,151
-1,309
0.04%
-$1.47K
G2 MA1012
29,747
29,033
-714
0.04%
-$554
FANNIE MAE POOL FN AI4818
18,645
17,701
-944
0.03%
-$1.28K
FANNIE MAE POOL FN AS1770
18,513
18,265
-248
0.03%
-$428
GNII II 4% 04/43#MA0935
17,985
17,326
-659
0.02%
-$819
FANNIE MAE POOL FN AH3401
16,875
16,437
-439
0.02%
-$716
FREDDIE MAC GOLD POOL FG Q01533
16,832
15,803
-1,029
0.02%
-$1.34K
GINNIE MAE II POOL G2 783755
16,464
16,047
-416
0.02%
-$528
G2 4922
14,464
14,015
-450
0.02%
-$581
FN AE7731
12,518
11,936
-582
0.02%
-$789
G2 MA1089
12,357
12,044
-313
0.02%
-$389
G2 4696
6,191
6,031
-159
0.01%
-$254
G2 4978
4,896
4,754
-142
0.01%
-$216
FN AD1593
3,486
3,371
-115
0.01%
-$178
FANNIE MAE REMICS FNR 2012-93 SW
10,730
10,220
-510
0.00%
-$93
FANNIE MAE INTEREST STRIP FNS 354 1
952
892
-59
0.00%
-$53
▶
Unchanged
· 25 positions
Security
Shares Dec 2025
Shares Mar 2026
Δ shares
End %
Δ value
COMPAGNIE DE L'O
4,398
4,398
0
9.91%
-$364.40K
US TREASURY N/B
5,815,000
5,815,000
0
7.65%
-$15.22K
LAGARDERE SA
186,533
186,533
0
5.84%
-$280.63K
US TREASURY N/B
2,750,000
2,750,000
0
4.07%
-$27.50K
Keweenaw Land Association Ltd
52,595
52,595
0
3.95%
$907.26K
BERKSHIRE HATHAWAY INC-CL B COMMON STOCK
5,055
5,055
0
3.65%
-$118.54K
EXOR NV
26,350
26,350
0
3.01%
-$248.92K
ENTAIN PLC
230,088
230,088
0
2.57%
-$670.29K
LIBERTY MEDIA CORP LIBERTY FORMULA ONE CL A
21,599
21,599
0
2.54%
-$244.07K
FAIRFAX INDI-SVS
100,775
100,775
0
2.45%
-$141.08K
US TREASURY N/B
1,200,000
1,200,000
0
1.61%
-$6.09K
US TREASURY N/B
2,000,000
2,000,000
0
1.48%
-$5.39K
SWATCH GROUP-BR
4,000
4,000
0
1.30%
$14.19K
NATURAL RESOURCE PARTNERS LP PARTNERSHIP SHARES
5,296
5,296
0
0.97%
$87.91K
US TREASURY N/B
525,000
525,000
0
0.82%
-$5.89K
FEDERAL FARM CREDIT BANK 2.870000% 02/25/2030
500,000
500,000
0
0.72%
-$3.23K
NINTENDO CO LTD
6,000
6,000
0
0.50%
-$74.62K
Nintendo Company Ltd. ADR
22,739
22,739
0
0.49%
-$58.44K
FEDERAL HOME LOAN BANK 2.500000% 03/18/2038
300,000
300,000
0
0.35%
-$1.82K
IWG PLC
21,500
21,500
0
0.08%
-$15.91K
IHEARTCOMMUNICATIONS INC 6.375000% 05/01/2026
545
545
0
0.00%
-$5
IHEARTCOMMUNICATIONS INC 8.375000% 05/01/2027
132
132
0
0.00%
-$8
BSABS 2003-ABF1 A
1
1
0
0.00%
$0
PERSHING SQUARE TONT SHS /
42,443
42,443
0
0.00%
$0
PERSHING SQUARE WARRANTS EXPIRE 12/31/2049
10,610
10,610
0
0.00%
$0
Machine-readable:
JSON ·
Markdown .
Programmatic access via the agent surface .