Filed: 5/4/2023ACC: 0001384484-23-000004
📋 What this filing means
MAD RIVER INVESTORS filed this quarterly 13F‑HR report disclosing 23 equity positions with a total reported market value of $141.85M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
23
Positions
$141.85M
Total AUM (reported)
2.37M
Total Shares
Allocation by class
COM$98.85M69.7%
CL A$11.09M7.8%
COM NEW$8.67M6.1%
CTF BEN INT$8.65M6.1%
UNIT BEN INT$8.11M5.7%
COMMON STOCK$3.14M2.2%
CL B NEW$2.51M1.8%
Portfolio Concentration
Top 3$90.58M63.9%
4–10$39.74M28.0%
11–25$11.54M8.1%
Top 3 weight
63.9%
Top 10 weight
91.9%
Voting Authority Distribution
Total shares with voting rights: 2.37M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.37M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole23
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings23
Rows:
TEXAS PACIFIC LAND CORPORATI
SOLEShares42.99K
TypeSH
Market value$73.14M
51.56%
Sole
0.00
Shared
0.00
None
42.99K
WHEATON PRECIOUS METALS CORP
SOLEShares182.50K
TypeSH
Market value$8.79M
6.20%
Sole
0.00
Shared
0.00
None
182.50K
MESABI TR
SOLEShares343.57K
TypeSH
Market value$8.65M
6.10%
Sole
0.00
Shared
0.00
None
343.57K
PERMIAN BASIN RTY TR
SOLEShares332.25K
TypeSH
Market value$8.11M
5.71%
Sole
0.00
Shared
0.00
None
332.25K
CACI INTL INC
SOLEShares23.86K
TypeSH
Market value$7.07M
4.98%
Sole
0.00
Shared
0.00
None
23.86K
CIVEO CORP CDA
SOLEShares341.98K
TypeSH
Market value$7.06M
4.98%
Sole
0.00
Shared
0.00
None
341.98K
FRANCO NEV CORP
SOLEShares42.05K
TypeSH
Market value$6.13M
4.32%
Sole
0.00
Shared
0.00
None
42.05K
TEJON RANCH CO
SOLEShares230.72K
TypeSH
Market value$4.22M
2.97%
Sole
0.00
Shared
0.00
None
230.72K
ASSOCIATED CAP GROUP INC
SOLEShares108.88K
TypeSH
Market value$4.02M
2.84%
Sole
0.00
Shared
0.00
None
108.88K
CARNIVAL CORP
SOLEShares308.90K
TypeSH
Market value$3.14M
2.21%
Sole
0.00
Shared
0.00
None
308.90K
BERKSHIRE HATHAWAY INC DEL
SOLEShares8.11K
TypeSH
Market value$2.51M
1.77%
Sole
0.00
Shared
0.00
None
8.11K
SANDSTORM GOLD LTD
SOLEShares276.13K
TypeSH
Market value$1.60M
1.13%
Sole
0.00
Shared
0.00
None
276.13K
CME GROUP INC
SOLEShares7.98K
TypeSH
Market value$1.53M
1.08%
Sole
0.00
Shared
0.00
None
7.98K
CBOE GLOBAL MKTS INC
SOLEShares8.96K
TypeSH
Market value$1.20M
0.85%
Sole
0.00
Shared
0.00
None
8.96K
BOEING CO
SOLEShares5.16K
TypeSH
Market value$1.10M
0.77%
Sole
0.00
Shared
0.00
None
5.16K
INTERCONTINENTAL EXCHANGE IN
SOLEShares10.33K
TypeSH
Market value$1.08M
0.76%
Sole
0.00
Shared
0.00
None
10.33K
RLI CORP
SOLEShares5.50K
TypeSH
Market value$731.0K
0.52%
Sole
0.00
Shared
0.00
None
5.50K
HOWARD HUGHES CORP
SOLEShares5.53K
TypeSH
Market value$442.0K
0.31%
Sole
0.00
Shared
0.00
None
5.53K
LIBERTY MEDIA CORP DEL
SOLEShares5.73K
TypeSH
Market value$428.6K
0.30%
Sole
0.00
Shared
0.00
None
5.73K
RUMBLE INC
SOLEShares42.20K
TypeSH
Market value$422.0K
0.30%
Sole
0.00
Shared
0.00
None
42.20K
DISNEY WALT CO
SOLEShares2.40K
TypeSH
Market value$240.3K
0.17%
Sole
0.00
Shared
0.00
None
2.40K
EBAY INC.
SOLEShares4.70K
TypeSH
Market value$208.5K
0.15%
Sole
0.00
Shared
0.00
None
4.70K
RENN FD INC
SOLEShares28K
TypeSH
Market value$49.0K
0.03%
Sole
0.00
Shared
0.00
None
28K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TEXAS PACIFIC LAND CORPORATISOLE | COM | 42.99K | SH | $73.14M 51.56% | 0.00 | 0.00 | 42.99K |
WHEATON PRECIOUS METALS CORPSOLE | COM | 182.50K | SH | $8.79M 6.20% | 0.00 | 0.00 | 182.50K |
MESABI TRSOLE | CTF BEN INT | 343.57K | SH | $8.65M 6.10% | 0.00 | 0.00 | 343.57K |
PERMIAN BASIN RTY TRSOLE | UNIT BEN INT | 332.25K | SH | $8.11M 5.71% | 0.00 | 0.00 | 332.25K |
CACI INTL INCSOLE | CL A | 23.86K | SH | $7.07M 4.98% | 0.00 | 0.00 | 23.86K |
CIVEO CORP CDASOLE | COM NEW | 341.98K | SH | $7.06M 4.98% | 0.00 | 0.00 | 341.98K |
FRANCO NEV CORPSOLE | COM | 42.05K | SH | $6.13M 4.32% | 0.00 | 0.00 | 42.05K |
TEJON RANCH COSOLE | COM | 230.72K | SH | $4.22M 2.97% | 0.00 | 0.00 | 230.72K |
ASSOCIATED CAP GROUP INCSOLE | CL A | 108.88K | SH | $4.02M 2.84% | 0.00 | 0.00 | 108.88K |
CARNIVAL CORPSOLE | COMMON STOCK | 308.90K | SH | $3.14M 2.21% | 0.00 | 0.00 | 308.90K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 8.11K | SH | $2.51M 1.77% | 0.00 | 0.00 | 8.11K |
SANDSTORM GOLD LTDSOLE | COM NEW | 276.13K | SH | $1.60M 1.13% | 0.00 | 0.00 | 276.13K |
CME GROUP INCSOLE | COM | 7.98K | SH | $1.53M 1.08% | 0.00 | 0.00 | 7.98K |
CBOE GLOBAL MKTS INCSOLE | COM | 8.96K | SH | $1.20M 0.85% | 0.00 | 0.00 | 8.96K |
BOEING COSOLE | COM | 5.16K | SH | $1.10M 0.77% | 0.00 | 0.00 | 5.16K |
INTERCONTINENTAL EXCHANGE INSOLE | COM | 10.33K | SH | $1.08M 0.76% | 0.00 | 0.00 | 10.33K |
RLI CORPSOLE | COM | 5.50K | SH | $731.0K 0.52% | 0.00 | 0.00 | 5.50K |
HOWARD HUGHES CORPSOLE | COM | 5.53K | SH | $442.0K 0.31% | 0.00 | 0.00 | 5.53K |
LIBERTY MEDIA CORP DELSOLE | COM SER C FRMLA | 5.73K | SH | $428.6K 0.30% | 0.00 | 0.00 | 5.73K |
RUMBLE INCSOLE | COM CL A | 42.20K | SH | $422.0K 0.30% | 0.00 | 0.00 | 42.20K |
DISNEY WALT COSOLE | COM | 2.40K | SH | $240.3K 0.17% | 0.00 | 0.00 | 2.40K |
EBAY INC.SOLE | COM | 4.70K | SH | $208.5K 0.15% | 0.00 | 0.00 | 4.70K |
RENN FD INCSOLE | COM | 28K | SH | $49.0K 0.03% | 0.00 | 0.00 | 28K |