Filed: 1/26/2024ACC: 0001384484-24-000002
📋 What this filing means
MAD RIVER INVESTORS filed this quarterly 13F‑HR report disclosing 26 equity positions with a total reported market value of $107.75M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
26
Positions
$107.75M
Total AUM (reported)
1.72M
Total Shares
Allocation by class
COM$71.31M66.2%
CL A$8.37M7.8%
COM NEW$6.59M6.1%
CTF BEN INT$5.33M4.9%
UNIT 99/99/9999$4.01M3.7%
UNIT BEN INT$3.59M3.3%
TOTAL STK MKT$2.96M2.7%
Portfolio Concentration
Top 3$65.98M61.2%
4–10$27.95M25.9%
11–25$13.77M12.8%
Rest$47.9K0.0%
Top 3 weight
61.2%
Top 10 weight
87.2%
Voting Authority Distribution
Total shares with voting rights: 1.72M
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
1.72M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole26
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings26
Rows:
TEXAS PACIFIC LAND CORPORATI
SOLEShares33.46K
TypeSH
Market value$52.61M
48.83%
Sole
0.00
Shared
0.00
None
33.46K
WHEATON PRECIOUS METALS CORP
SOLEShares154.94K
TypeSH
Market value$7.64M
7.10%
Sole
0.00
Shared
0.00
None
154.94K
CACI INTL INC
SOLEShares17.68K
TypeSH
Market value$5.73M
5.31%
Sole
0.00
Shared
0.00
None
17.68K
CIVEO CORP CDA
SOLEShares244.75K
TypeSH
Market value$5.59M
5.19%
Sole
0.00
Shared
0.00
None
244.75K
MESABI TR
SOLEShares260.55K
TypeSH
Market value$5.33M
4.95%
Sole
0.00
Shared
0.00
None
260.55K
CARNIVAL CORP
SOLEShares216.50K
TypeSH
Market value$4.01M
3.73%
Sole
0.00
Shared
0.00
None
216.50K
FRANCO NEV CORP
SOLEShares33K
TypeSH
Market value$3.66M
3.39%
Sole
0.00
Shared
0.00
None
33K
PERMIAN BASIN RTY TR
SOLEShares257.29K
TypeSH
Market value$3.59M
3.33%
Sole
0.00
Shared
0.00
None
257.29K
VANGUARD INDEX FDS
SOLEShares12.48K
TypeSH
Market value$2.96M
2.75%
Sole
0.00
Shared
0.00
None
12.48K
BERKSHIRE HATHAWAY INC DEL
SOLEShares7.86K
TypeSH
Market value$2.80M
2.60%
Sole
0.00
Shared
0.00
None
7.86K
ASSOCIATED CAP GROUP INC
SOLEShares73.95K
TypeSH
Market value$2.64M
2.45%
Sole
0.00
Shared
0.00
None
73.95K
VANGUARD SPECIALIZED FUNDS
SOLEShares10.05K
TypeSH
Market value$1.71M
1.59%
Sole
0.00
Shared
0.00
None
10.05K
TEJON RANCH CO
SOLEShares97.83K
TypeSH
Market value$1.68M
1.56%
Sole
0.00
Shared
0.00
None
97.83K
BOEING CO
SOLEShares5K
TypeSH
Market value$1.30M
1.21%
Sole
0.00
Shared
0.00
None
5K
CME GROUP INC
SOLEShares5.24K
TypeSH
Market value$1.10M
1.02%
Sole
0.00
Shared
0.00
None
5.24K
CBOE GLOBAL MKTS INC
SOLEShares5.86K
TypeSH
Market value$1.05M
0.97%
Sole
0.00
Shared
0.00
None
5.86K
INTERCONTINENTAL EXCHANGE IN
SOLEShares7.80K
TypeSH
Market value$1.00M
0.93%
Sole
0.00
Shared
0.00
None
7.80K
SANDSTORM GOLD LTD
SOLEShares199.03K
TypeSH
Market value$1.00M
0.93%
Sole
0.00
Shared
0.00
None
199.03K
RLI CORP
SOLEShares5.50K
TypeSH
Market value$732.2K
0.68%
Sole
0.00
Shared
0.00
None
5.50K
ISHARES TR
SOLEShares8.13K
TypeSH
Market value$414.7K
0.38%
Sole
0.00
Shared
0.00
None
8.13K
LIBERTY MEDIA CORP DEL
SOLEShares4.70K
TypeSH
Market value$296.6K
0.28%
Sole
0.00
Shared
0.00
None
4.70K
HOWARD HUGHES HOLDINGS INC
SOLEShares3K
TypeSH
Market value$256.6K
0.24%
Sole
0.00
Shared
0.00
None
3K
INVESCO EXCHANGE TRADED FD T
SOLEShares1.63K
TypeSH
Market value$256.6K
0.24%
Sole
0.00
Shared
0.00
None
1.63K
DISNEY WALT CO
SOLEShares2.40K
TypeSH
Market value$216.7K
0.20%
Sole
0.00
Shared
0.00
None
2.40K
RUMBLE INC
SOLEShares22K
TypeSH
Market value$98.8K
0.09%
Sole
0.00
Shared
0.00
None
22K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TEXAS PACIFIC LAND CORPORATISOLE | COM | 33.46K | SH | $52.61M 48.83% | 0.00 | 0.00 | 33.46K |
WHEATON PRECIOUS METALS CORPSOLE | COM | 154.94K | SH | $7.64M 7.10% | 0.00 | 0.00 | 154.94K |
CACI INTL INCSOLE | CL A | 17.68K | SH | $5.73M 5.31% | 0.00 | 0.00 | 17.68K |
CIVEO CORP CDASOLE | COM NEW | 244.75K | SH | $5.59M 5.19% | 0.00 | 0.00 | 244.75K |
MESABI TRSOLE | CTF BEN INT | 260.55K | SH | $5.33M 4.95% | 0.00 | 0.00 | 260.55K |
CARNIVAL CORPSOLE | UNIT 99/99/9999 | 216.50K | SH | $4.01M 3.73% | 0.00 | 0.00 | 216.50K |
FRANCO NEV CORPSOLE | COM | 33K | SH | $3.66M 3.39% | 0.00 | 0.00 | 33K |
PERMIAN BASIN RTY TRSOLE | UNIT BEN INT | 257.29K | SH | $3.59M 3.33% | 0.00 | 0.00 | 257.29K |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 12.48K | SH | $2.96M 2.75% | 0.00 | 0.00 | 12.48K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 7.86K | SH | $2.80M 2.60% | 0.00 | 0.00 | 7.86K |
ASSOCIATED CAP GROUP INCSOLE | CL A | 73.95K | SH | $2.64M 2.45% | 0.00 | 0.00 | 73.95K |
VANGUARD SPECIALIZED FUNDSSOLE | DIV APP ETF | 10.05K | SH | $1.71M 1.59% | 0.00 | 0.00 | 10.05K |
TEJON RANCH COSOLE | COM | 97.83K | SH | $1.68M 1.56% | 0.00 | 0.00 | 97.83K |
BOEING COSOLE | COM | 5K | SH | $1.30M 1.21% | 0.00 | 0.00 | 5K |
CME GROUP INCSOLE | COM | 5.24K | SH | $1.10M 1.02% | 0.00 | 0.00 | 5.24K |
CBOE GLOBAL MKTS INCSOLE | COM | 5.86K | SH | $1.05M 0.97% | 0.00 | 0.00 | 5.86K |
INTERCONTINENTAL EXCHANGE INSOLE | COM | 7.80K | SH | $1.00M 0.93% | 0.00 | 0.00 | 7.80K |
SANDSTORM GOLD LTDSOLE | COM NEW | 199.03K | SH | $1.00M 0.93% | 0.00 | 0.00 | 199.03K |
RLI CORPSOLE | COM | 5.50K | SH | $732.2K 0.68% | 0.00 | 0.00 | 5.50K |
ISHARES TRSOLE | MSCI ACWI EX US | 8.13K | SH | $414.7K 0.38% | 0.00 | 0.00 | 8.13K |
LIBERTY MEDIA CORP DELSOLE | COM LBTY SRM S C | 4.70K | SH | $296.6K 0.28% | 0.00 | 0.00 | 4.70K |
HOWARD HUGHES HOLDINGS INCSOLE | COM | 3K | SH | $256.6K 0.24% | 0.00 | 0.00 | 3K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 1.63K | SH | $256.6K 0.24% | 0.00 | 0.00 | 1.63K |
DISNEY WALT COSOLE | COM | 2.40K | SH | $216.7K 0.20% | 0.00 | 0.00 | 2.40K |
RUMBLE INCSOLE | COM CL A | 22K | SH | $98.8K 0.09% | 0.00 | 0.00 | 22K |
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