Filed: 10/18/2023ACC: 0001384484-23-000008
📋 What this filing means
MAD RIVER INVESTORS filed this quarterly 13F‑HR report disclosing 25 equity positions with a total reported market value of $141.33M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
25
Positions
$141.33M
Total AUM (reported)
2.36M
Total Shares
Allocation by class
COM$96.42M68.2%
CL A$10.44M7.4%
COM NEW$8.11M5.7%
UNIT BEN INT$7.13M5.0%
CTF BEN INT$7.13M5.0%
COMMON STOCK$4.00M2.8%
CL B NEW$2.75M1.9%
Portfolio Concentration
Top 3$88.50M62.6%
4–10$37.36M26.4%
11–25$15.47M10.9%
Top 3 weight
62.6%
Top 10 weight
89.1%
Voting Authority Distribution
Total shares with voting rights: 2.36M
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
2.36M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole25
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings25
Rows:
TEXAS PACIFIC LAND CORPORATI
SOLEShares40.39K
TypeSH
Market value$73.66M
52.12%
Sole
0.00
Shared
0.00
None
40.39K
WHEATON PRECIOUS METALS CORP
SOLEShares189.97K
TypeSH
Market value$7.70M
5.45%
Sole
0.00
Shared
0.00
None
189.97K
PERMIAN BASIN RTY TR
SOLEShares335.73K
TypeSH
Market value$7.13M
5.05%
Sole
0.00
Shared
0.00
None
335.73K
MESABI TR
SOLEShares355.31K
TypeSH
Market value$7.13M
5.05%
Sole
0.00
Shared
0.00
None
355.31K
CACI INTL INC
SOLEShares21.68K
TypeSH
Market value$6.81M
4.82%
Sole
0.00
Shared
0.00
None
21.68K
CIVEO CORP CDA
SOLEShares325.49K
TypeSH
Market value$6.75M
4.77%
Sole
0.00
Shared
0.00
None
325.49K
FRANCO NEV CORP
SOLEShares41.80K
TypeSH
Market value$5.58M
3.95%
Sole
0.00
Shared
0.00
None
41.80K
CARNIVAL CORP
SOLEShares291.50K
TypeSH
Market value$4.00M
2.83%
Sole
0.00
Shared
0.00
None
291.50K
ASSOCIATED CAP GROUP INC
SOLEShares99.65K
TypeSH
Market value$3.64M
2.57%
Sole
0.00
Shared
0.00
None
99.65K
TEJON RANCH CO
SOLEShares213.43K
TypeSH
Market value$3.46M
2.45%
Sole
0.00
Shared
0.00
None
213.43K
BERKSHIRE HATHAWAY INC DEL
SOLEShares7.86K
TypeSH
Market value$2.75M
1.95%
Sole
0.00
Shared
0.00
None
7.86K
VANGUARD INDEX FDS
SOLEShares12.48K
TypeSH
Market value$2.65M
1.88%
Sole
0.00
Shared
0.00
None
12.48K
VANGUARD SPECIALIZED FUNDS
SOLEShares10.05K
TypeSH
Market value$1.56M
1.11%
Sole
0.00
Shared
0.00
None
10.05K
CME GROUP INC
SOLEShares7.44K
TypeSH
Market value$1.49M
1.05%
Sole
0.00
Shared
0.00
None
7.44K
CBOE GLOBAL MKTS INC
SOLEShares8.86K
TypeSH
Market value$1.38M
0.98%
Sole
0.00
Shared
0.00
None
8.86K
SANDSTORM GOLD LTD
SOLEShares292.62K
TypeSH
Market value$1.36M
0.96%
Sole
0.00
Shared
0.00
None
292.62K
INTERCONTINENTAL EXCHANGE IN
SOLEShares10.43K
TypeSH
Market value$1.15M
0.81%
Sole
0.00
Shared
0.00
None
10.43K
BOEING CO
SOLEShares5.08K
TypeSH
Market value$973.4K
0.69%
Sole
0.00
Shared
0.00
None
5.08K
RLI CORP
SOLEShares5.50K
TypeSH
Market value$747.4K
0.53%
Sole
0.00
Shared
0.00
None
5.50K
ISHARES TR
SOLEShares8.13K
TypeSH
Market value$382.0K
0.27%
Sole
0.00
Shared
0.00
None
8.13K
LIBERTY MEDIA CORP DEL
SOLEShares4.70K
TypeSH
Market value$292.7K
0.21%
Sole
0.00
Shared
0.00
None
4.70K
INVESCO EXCHANGE TRADED FD T
SOLEShares1.63K
TypeSH
Market value$230.4K
0.16%
Sole
0.00
Shared
0.00
None
1.63K
HOWARD HUGHES HOLDINGS INC
SOLEShares3.05K
TypeSH
Market value$226.1K
0.16%
Sole
0.00
Shared
0.00
None
3.05K
RUMBLE INC
SOLEShares41.50K
TypeSH
Market value$211.7K
0.15%
Sole
0.00
Shared
0.00
None
41.50K
RENN FD INC
SOLEShares28K
TypeSH
Market value$50.1K
0.04%
Sole
0.00
Shared
0.00
None
28K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TEXAS PACIFIC LAND CORPORATISOLE | COM | 40.39K | SH | $73.66M 52.12% | 0.00 | 0.00 | 40.39K |
WHEATON PRECIOUS METALS CORPSOLE | COM | 189.97K | SH | $7.70M 5.45% | 0.00 | 0.00 | 189.97K |
PERMIAN BASIN RTY TRSOLE | UNIT BEN INT | 335.73K | SH | $7.13M 5.05% | 0.00 | 0.00 | 335.73K |
MESABI TRSOLE | CTF BEN INT | 355.31K | SH | $7.13M 5.05% | 0.00 | 0.00 | 355.31K |
CACI INTL INCSOLE | CL A | 21.68K | SH | $6.81M 4.82% | 0.00 | 0.00 | 21.68K |
CIVEO CORP CDASOLE | COM NEW | 325.49K | SH | $6.75M 4.77% | 0.00 | 0.00 | 325.49K |
FRANCO NEV CORPSOLE | COM | 41.80K | SH | $5.58M 3.95% | 0.00 | 0.00 | 41.80K |
CARNIVAL CORPSOLE | COMMON STOCK | 291.50K | SH | $4.00M 2.83% | 0.00 | 0.00 | 291.50K |
ASSOCIATED CAP GROUP INCSOLE | CL A | 99.65K | SH | $3.64M 2.57% | 0.00 | 0.00 | 99.65K |
TEJON RANCH COSOLE | COM | 213.43K | SH | $3.46M 2.45% | 0.00 | 0.00 | 213.43K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 7.86K | SH | $2.75M 1.95% | 0.00 | 0.00 | 7.86K |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 12.48K | SH | $2.65M 1.88% | 0.00 | 0.00 | 12.48K |
VANGUARD SPECIALIZED FUNDSSOLE | DIV APP ETF | 10.05K | SH | $1.56M 1.11% | 0.00 | 0.00 | 10.05K |
CME GROUP INCSOLE | COM | 7.44K | SH | $1.49M 1.05% | 0.00 | 0.00 | 7.44K |
CBOE GLOBAL MKTS INCSOLE | COM | 8.86K | SH | $1.38M 0.98% | 0.00 | 0.00 | 8.86K |
SANDSTORM GOLD LTDSOLE | COM NEW | 292.62K | SH | $1.36M 0.96% | 0.00 | 0.00 | 292.62K |
INTERCONTINENTAL EXCHANGE INSOLE | COM | 10.43K | SH | $1.15M 0.81% | 0.00 | 0.00 | 10.43K |
BOEING COSOLE | COM | 5.08K | SH | $973.4K 0.69% | 0.00 | 0.00 | 5.08K |
RLI CORPSOLE | COM | 5.50K | SH | $747.4K 0.53% | 0.00 | 0.00 | 5.50K |
ISHARES TRSOLE | MSCI ACWI EX US | 8.13K | SH | $382.0K 0.27% | 0.00 | 0.00 | 8.13K |
LIBERTY MEDIA CORP DELSOLE | COM LBTY SRM S C | 4.70K | SH | $292.7K 0.21% | 0.00 | 0.00 | 4.70K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 1.63K | SH | $230.4K 0.16% | 0.00 | 0.00 | 1.63K |
HOWARD HUGHES HOLDINGS INCSOLE | COM | 3.05K | SH | $226.1K 0.16% | 0.00 | 0.00 | 3.05K |
RUMBLE INCSOLE | COM CL A | 41.50K | SH | $211.7K 0.15% | 0.00 | 0.00 | 41.50K |
RENN FD INCSOLE | COM | 28K | SH | $50.1K 0.04% | 0.00 | 0.00 | 28K |