Filed: 8/3/2023ACC: 0001384484-23-000006
📋 What this filing means
MAD RIVER INVESTORS filed this quarterly 13F‑HR report disclosing 27 equity positions with a total reported market value of $135.28M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
27
Positions
$135.28M
Total AUM (reported)
2.38M
Total Shares
Allocation by class
COM$86.53M64.0%
CL A$11.40M8.4%
UNIT BEN INT$8.09M6.0%
COM NEW$8.05M5.9%
CTF BEN INT$6.91M5.1%
COMMON STOCK$5.54M4.1%
TOTAL STK MKT$2.85M2.1%
Portfolio Concentration
Top 3$78.00M57.7%
4–10$40.24M29.7%
11–25$16.79M12.4%
Rest$252.8K0.2%
Top 3 weight
57.7%
Top 10 weight
87.4%
Voting Authority Distribution
Total shares with voting rights: 2.38M
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
2.38M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole27
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings27
Rows:
TEXAS PACIFIC LAND CORPORATI
SOLEShares40.75K
TypeSH
Market value$61.38M
45.37%
Sole
0.00
Shared
0.00
None
40.75K
WHEATON PRECIOUS METALS CORP
SOLEShares190.46K
TypeSH
Market value$8.54M
6.31%
Sole
0.00
Shared
0.00
None
190.46K
PERMIAN BASIN RTY TR
SOLEShares334.87K
TypeSH
Market value$8.09M
5.98%
Sole
0.00
Shared
0.00
None
334.87K
CACI INTL INC
SOLEShares21.78K
TypeSH
Market value$7.63M
5.64%
Sole
0.00
Shared
0.00
None
21.78K
MESABI TR
SOLEShares351.48K
TypeSH
Market value$6.91M
5.11%
Sole
0.00
Shared
0.00
None
351.48K
CIVEO CORP CDA
SOLEShares328.73K
TypeSH
Market value$6.42M
4.75%
Sole
0.00
Shared
0.00
None
328.73K
FRANCO NEV CORP
SOLEShares41.88K
TypeSH
Market value$6.11M
4.51%
Sole
0.00
Shared
0.00
None
41.88K
CARNIVAL CORP
SOLEShares294K
TypeSH
Market value$5.54M
4.09%
Sole
0.00
Shared
0.00
None
294K
TEJON RANCH CO
SOLEShares218.72K
TypeSH
Market value$3.85M
2.85%
Sole
0.00
Shared
0.00
None
218.72K
ASSOCIATED CAP GROUP INC
SOLEShares101.80K
TypeSH
Market value$3.77M
2.79%
Sole
0.00
Shared
0.00
None
101.80K
VANGUARD INDEX FDS
SOLEShares12.48K
TypeSH
Market value$2.85M
2.11%
Sole
0.00
Shared
0.00
None
12.48K
BERKSHIRE HATHAWAY INC DEL
SOLEShares7.86K
TypeSH
Market value$2.77M
2.05%
Sole
0.00
Shared
0.00
None
7.86K
VANGUARD SPECIALIZED FUNDS
SOLEShares10.05K
TypeSH
Market value$1.67M
1.24%
Sole
0.00
Shared
0.00
None
10.05K
SANDSTORM GOLD LTD
SOLEShares292.60K
TypeSH
Market value$1.62M
1.20%
Sole
0.00
Shared
0.00
None
292.60K
CME GROUP INC
SOLEShares7.54K
TypeSH
Market value$1.50M
1.11%
Sole
0.00
Shared
0.00
None
7.54K
CBOE GLOBAL MKTS INC
SOLEShares8.98K
TypeSH
Market value$1.25M
0.93%
Sole
0.00
Shared
0.00
None
8.98K
BOEING CO
SOLEShares5.15K
TypeSH
Market value$1.23M
0.91%
Sole
0.00
Shared
0.00
None
5.15K
INTERCONTINENTAL EXCHANGE IN
SOLEShares10.43K
TypeSH
Market value$1.20M
0.89%
Sole
0.00
Shared
0.00
None
10.43K
RLI CORP
SOLEShares5.50K
TypeSH
Market value$733.8K
0.54%
Sole
0.00
Shared
0.00
None
5.50K
ISHARES TR
SOLEShares8.13K
TypeSH
Market value$415.6K
0.31%
Sole
0.00
Shared
0.00
None
8.13K
RUMBLE INC
SOLEShares42K
TypeSH
Market value$362.0K
0.27%
Sole
0.00
Shared
0.00
None
42K
INVESCO EXCHANGE TRADED FD T
SOLEShares2.27K
TypeSH
Market value$351.4K
0.26%
Sole
0.00
Shared
0.00
None
2.27K
LIBERTY MEDIA CORP DEL
SOLEShares4.70K
TypeSH
Market value$341.1K
0.25%
Sole
0.00
Shared
0.00
None
4.70K
HOWARD HUGHES CORP
SOLEShares3.23K
TypeSH
Market value$272.3K
0.20%
Sole
0.00
Shared
0.00
None
3.23K
DISNEY WALT CO
SOLEShares2.40K
TypeSH
Market value$213.3K
0.16%
Sole
0.00
Shared
0.00
None
2.40K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TEXAS PACIFIC LAND CORPORATISOLE | COM | 40.75K | SH | $61.38M 45.37% | 0.00 | 0.00 | 40.75K |
WHEATON PRECIOUS METALS CORPSOLE | COM | 190.46K | SH | $8.54M 6.31% | 0.00 | 0.00 | 190.46K |
PERMIAN BASIN RTY TRSOLE | UNIT BEN INT | 334.87K | SH | $8.09M 5.98% | 0.00 | 0.00 | 334.87K |
CACI INTL INCSOLE | CL A | 21.78K | SH | $7.63M 5.64% | 0.00 | 0.00 | 21.78K |
MESABI TRSOLE | CTF BEN INT | 351.48K | SH | $6.91M 5.11% | 0.00 | 0.00 | 351.48K |
CIVEO CORP CDASOLE | COM NEW | 328.73K | SH | $6.42M 4.75% | 0.00 | 0.00 | 328.73K |
FRANCO NEV CORPSOLE | COM | 41.88K | SH | $6.11M 4.51% | 0.00 | 0.00 | 41.88K |
CARNIVAL CORPSOLE | COMMON STOCK | 294K | SH | $5.54M 4.09% | 0.00 | 0.00 | 294K |
TEJON RANCH COSOLE | COM | 218.72K | SH | $3.85M 2.85% | 0.00 | 0.00 | 218.72K |
ASSOCIATED CAP GROUP INCSOLE | CL A | 101.80K | SH | $3.77M 2.79% | 0.00 | 0.00 | 101.80K |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 12.48K | SH | $2.85M 2.11% | 0.00 | 0.00 | 12.48K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 7.86K | SH | $2.77M 2.05% | 0.00 | 0.00 | 7.86K |
VANGUARD SPECIALIZED FUNDSSOLE | DIV APP ETF | 10.05K | SH | $1.67M 1.24% | 0.00 | 0.00 | 10.05K |
SANDSTORM GOLD LTDSOLE | COM NEW | 292.60K | SH | $1.62M 1.20% | 0.00 | 0.00 | 292.60K |
CME GROUP INCSOLE | COM | 7.54K | SH | $1.50M 1.11% | 0.00 | 0.00 | 7.54K |
CBOE GLOBAL MKTS INCSOLE | COM | 8.98K | SH | $1.25M 0.93% | 0.00 | 0.00 | 8.98K |
BOEING COSOLE | COM | 5.15K | SH | $1.23M 0.91% | 0.00 | 0.00 | 5.15K |
INTERCONTINENTAL EXCHANGE INSOLE | COM | 10.43K | SH | $1.20M 0.89% | 0.00 | 0.00 | 10.43K |
RLI CORPSOLE | COM | 5.50K | SH | $733.8K 0.54% | 0.00 | 0.00 | 5.50K |
ISHARES TRSOLE | MSCI ACWI EX US | 8.13K | SH | $415.6K 0.31% | 0.00 | 0.00 | 8.13K |
RUMBLE INCSOLE | COM CL A | 42K | SH | $362.0K 0.27% | 0.00 | 0.00 | 42K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 2.27K | SH | $351.4K 0.26% | 0.00 | 0.00 | 2.27K |
LIBERTY MEDIA CORP DELSOLE | COM SER C FRMLA | 4.70K | SH | $341.1K 0.25% | 0.00 | 0.00 | 4.70K |
HOWARD HUGHES CORPSOLE | COM | 3.23K | SH | $272.3K 0.20% | 0.00 | 0.00 | 3.23K |
DISNEY WALT COSOLE | COM | 2.40K | SH | $213.3K 0.16% | 0.00 | 0.00 | 2.40K |
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