Filed: 4/19/2024ACC: 0001384484-24-000004
📋 What this filing means
MAD RIVER INVESTORS filed this quarterly 13F‑HR report disclosing 27 equity positions with a total reported market value of $144.06M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
27
Positions
$144.06M
Total AUM (reported)
2.25M
Total Shares
Allocation by class
COM$76.37M53.0%
SHS REP COM UT$25.25M17.5%
CL A$8.59M6.0%
COM NEW$7.49M5.2%
SHS$5.28M3.7%
CTF BEN INT$5.06M3.5%
UNIT 99/99/9999$3.47M2.4%
Portfolio Concentration
Top 3$90.37M62.7%
4–10$33.98M23.6%
11–25$19.49M13.5%
Rest$218.0K0.2%
Top 3 weight
62.7%
Top 10 weight
86.3%
Voting Authority Distribution
Total shares with voting rights: 2.25M
Sole
Full voting authority
90.77K
shares
% of voting shares4.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.16M
shares
% of voting shares96.0%
Investment Discretion (by position count)
Sole27
Shared0
Other0
Dominant voting typeNone · 96.0% of voting shares
Institutional Holdings27
Rows:
TEXAS PACIFIC LAND CORPORATI
SOLEShares100.12K
TypeSH
Market value$57.92M
40.21%
Sole
0.00
Shared
0.00
None
100.12K
GRAYSCALE BITCOIN TR BTC
SOLEShares399.73K
TypeSH
Market value$25.25M
17.53%
Sole
90.77K
Shared
0.00
None
308.96K
WHEATON PRECIOUS METALS CORP
SOLEShares152.74K
TypeSH
Market value$7.20M
5.00%
Sole
0.00
Shared
0.00
None
152.74K
CACI INTL INC
SOLEShares17.23K
TypeSH
Market value$6.53M
4.53%
Sole
0.00
Shared
0.00
None
17.23K
CIVEO CORP CDA
SOLEShares241.87K
TypeSH
Market value$6.49M
4.51%
Sole
0.00
Shared
0.00
None
241.87K
FIDELITY WISE ORIGIN BITCOIN
SOLEShares85.13K
TypeSH
Market value$5.28M
3.67%
Sole
0.00
Shared
0.00
None
85.13K
MESABI TR
SOLEShares285.84K
TypeSH
Market value$5.06M
3.51%
Sole
0.00
Shared
0.00
None
285.84K
FRANCO NEV CORP
SOLEShares32.40K
TypeSH
Market value$3.86M
2.68%
Sole
0.00
Shared
0.00
None
32.40K
CARNIVAL CORP
SOLEShares212.40K
TypeSH
Market value$3.47M
2.41%
Sole
0.00
Shared
0.00
None
212.40K
BERKSHIRE HATHAWAY INC DEL
SOLEShares7.81K
TypeSH
Market value$3.29M
2.28%
Sole
0.00
Shared
0.00
None
7.81K
VANGUARD INDEX FDS
SOLEShares12.48K
TypeSH
Market value$3.24M
2.25%
Sole
0.00
Shared
0.00
None
12.48K
PERMIAN BASIN RTY TR
SOLEShares252.45K
TypeSH
Market value$3.05M
2.12%
Sole
0.00
Shared
0.00
None
252.45K
ASSOCIATED CAP GROUP INC
SOLEShares63K
TypeSH
Market value$2.06M
1.43%
Sole
0.00
Shared
0.00
None
63K
VANGUARD SPECIALIZED FUNDS
SOLEShares10.05K
TypeSH
Market value$1.84M
1.27%
Sole
0.00
Shared
0.00
None
10.05K
EAGLE MATLS INC
SOLEShares5.71K
TypeSH
Market value$1.55M
1.08%
Sole
0.00
Shared
0.00
None
5.71K
TEJON RANCH CO
SOLEShares89.90K
TypeSH
Market value$1.39M
0.96%
Sole
0.00
Shared
0.00
None
89.90K
CME GROUP INC
SOLEShares5.19K
TypeSH
Market value$1.12M
0.78%
Sole
0.00
Shared
0.00
None
5.19K
CBOE GLOBAL MKTS INC
SOLEShares6.08K
TypeSH
Market value$1.12M
0.78%
Sole
0.00
Shared
0.00
None
6.08K
INTERCONTINENTAL EXCHANGE IN
SOLEShares7.70K
TypeSH
Market value$1.06M
0.73%
Sole
0.00
Shared
0.00
None
7.70K
SANDSTORM GOLD LTD
SOLEShares189.05K
TypeSH
Market value$992.5K
0.69%
Sole
0.00
Shared
0.00
None
189.05K
RLI CORP
SOLEShares5.50K
TypeSH
Market value$816.6K
0.57%
Sole
0.00
Shared
0.00
None
5.50K
ISHARES TR
SOLEShares7.75K
TypeSH
Market value$413.6K
0.29%
Sole
0.00
Shared
0.00
None
7.75K
DISNEY WALT CO
SOLEShares2.40K
TypeSH
Market value$293.7K
0.20%
Sole
0.00
Shared
0.00
None
2.40K
INVESCO EXCHANGE TRADED FD T
SOLEShares1.63K
TypeSH
Market value$275.4K
0.19%
Sole
0.00
Shared
0.00
None
1.63K
LIBERTY MEDIA CORP DEL
SOLEShares4.13K
TypeSH
Market value$270.7K
0.19%
Sole
0.00
Shared
0.00
None
4.13K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TEXAS PACIFIC LAND CORPORATISOLE | COM | 100.12K | SH | $57.92M 40.21% | 0.00 | 0.00 | 100.12K |
GRAYSCALE BITCOIN TR BTCSOLE | SHS REP COM UT | 399.73K | SH | $25.25M 17.53% | 90.77K | 0.00 | 308.96K |
WHEATON PRECIOUS METALS CORPSOLE | COM | 152.74K | SH | $7.20M 5.00% | 0.00 | 0.00 | 152.74K |
CACI INTL INCSOLE | CL A | 17.23K | SH | $6.53M 4.53% | 0.00 | 0.00 | 17.23K |
CIVEO CORP CDASOLE | COM NEW | 241.87K | SH | $6.49M 4.51% | 0.00 | 0.00 | 241.87K |
FIDELITY WISE ORIGIN BITCOINSOLE | SHS | 85.13K | SH | $5.28M 3.67% | 0.00 | 0.00 | 85.13K |
MESABI TRSOLE | CTF BEN INT | 285.84K | SH | $5.06M 3.51% | 0.00 | 0.00 | 285.84K |
FRANCO NEV CORPSOLE | COM | 32.40K | SH | $3.86M 2.68% | 0.00 | 0.00 | 32.40K |
CARNIVAL CORPSOLE | UNIT 99/99/9999 | 212.40K | SH | $3.47M 2.41% | 0.00 | 0.00 | 212.40K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 7.81K | SH | $3.29M 2.28% | 0.00 | 0.00 | 7.81K |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 12.48K | SH | $3.24M 2.25% | 0.00 | 0.00 | 12.48K |
PERMIAN BASIN RTY TRSOLE | UNIT BEN INT | 252.45K | SH | $3.05M 2.12% | 0.00 | 0.00 | 252.45K |
ASSOCIATED CAP GROUP INCSOLE | CL A | 63K | SH | $2.06M 1.43% | 0.00 | 0.00 | 63K |
VANGUARD SPECIALIZED FUNDSSOLE | DIV APP ETF | 10.05K | SH | $1.84M 1.27% | 0.00 | 0.00 | 10.05K |
EAGLE MATLS INCSOLE | COM | 5.71K | SH | $1.55M 1.08% | 0.00 | 0.00 | 5.71K |
TEJON RANCH COSOLE | COM | 89.90K | SH | $1.39M 0.96% | 0.00 | 0.00 | 89.90K |
CME GROUP INCSOLE | COM | 5.19K | SH | $1.12M 0.78% | 0.00 | 0.00 | 5.19K |
CBOE GLOBAL MKTS INCSOLE | COM | 6.08K | SH | $1.12M 0.78% | 0.00 | 0.00 | 6.08K |
INTERCONTINENTAL EXCHANGE INSOLE | COM | 7.70K | SH | $1.06M 0.73% | 0.00 | 0.00 | 7.70K |
SANDSTORM GOLD LTDSOLE | COM NEW | 189.05K | SH | $992.5K 0.69% | 0.00 | 0.00 | 189.05K |
RLI CORPSOLE | COM | 5.50K | SH | $816.6K 0.57% | 0.00 | 0.00 | 5.50K |
ISHARES TRSOLE | MSCI ACWI EX US | 7.75K | SH | $413.6K 0.29% | 0.00 | 0.00 | 7.75K |
DISNEY WALT COSOLE | COM | 2.40K | SH | $293.7K 0.20% | 0.00 | 0.00 | 2.40K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 1.63K | SH | $275.4K 0.19% | 0.00 | 0.00 | 1.63K |
LIBERTY MEDIA CORP DELSOLE | COM LBTY SRM S C | 4.13K | SH | $270.7K 0.19% | 0.00 | 0.00 | 4.13K |
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