Filed: 10/22/2024ACC: 0001384484-24-000009
📋 What this filing means
MAD RIVER INVESTORS filed this quarterly 13F‑HR report disclosing 26 equity positions with a total reported market value of $180.27M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
26
Positions
$180.27M
Total AUM (reported)
2.73M
Total Shares
Allocation by class
COM$115.18M63.9%
SHS REP COM UT$19.68M10.9%
CL A$8.36M4.6%
COM NEW$7.47M4.1%
SHS$6.70M3.7%
CTF BEN INT$6.64M3.7%
UNIT 99/99/9999$3.69M2.0%
Portfolio Concentration
Top 3$115.29M64.0%
4–10$42.54M23.6%
11–25$22.38M12.4%
Rest$59.4K0.0%
Top 3 weight
64.0%
Top 10 weight
87.6%
Voting Authority Distribution
Total shares with voting rights: 2.73M
Sole
Full voting authority
165.68K
shares
% of voting shares6.1%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.57M
shares
% of voting shares93.9%
Investment Discretion (by position count)
Sole26
Shared0
Other0
Dominant voting typeNone · 93.9% of voting shares
Institutional Holdings26
Rows:
TEXAS PACIFIC LAND CORPORATI
SOLEShares97.78K
TypeSH
Market value$86.51M
47.99%
Sole
0.00
Shared
0.00
None
97.78K
GRAYSCALE BITCOIN TR BTC
SOLEShares389.75K
TypeSH
Market value$19.68M
10.92%
Sole
82.84K
Shared
0.00
None
306.90K
LANDBRIDGE
SOLEShares232.55K
TypeSH
Market value$9.10M
5.05%
Sole
0.00
Shared
0.00
None
232.55K
WHEATON PRECIOUS METALS CORP
SOLEShares147.29K
TypeSH
Market value$9.00M
4.99%
Sole
0.00
Shared
0.00
None
147.29K
CACI INTL INC
SOLEShares16.56K
TypeSH
Market value$8.36M
4.63%
Sole
0.00
Shared
0.00
None
16.56K
MESABI TR
SOLEShares293.07K
TypeSH
Market value$6.64M
3.68%
Sole
0.00
Shared
0.00
None
293.07K
CIVEO CORP CDA
SOLEShares230.26K
TypeSH
Market value$6.31M
3.50%
Sole
0.00
Shared
0.00
None
230.26K
FIDELITY WISE ORIGIN BITCOIN
SOLEShares81.15K
TypeSH
Market value$4.51M
2.50%
Sole
0.00
Shared
0.00
None
81.15K
FRANCO NEV CORP
SOLEShares32.60K
TypeSH
Market value$4.05M
2.25%
Sole
0.00
Shared
0.00
None
32.60K
CARNIVAL CORP
SOLEShares199.60K
TypeSH
Market value$3.69M
2.05%
Sole
0.00
Shared
0.00
None
199.60K
VANGUARD INDEX FDS
SOLEShares12.12K
TypeSH
Market value$3.43M
1.90%
Sole
0.00
Shared
0.00
None
12.12K
BERKSHIRE HATHAWAY INC DEL
SOLEShares7.22K
TypeSH
Market value$3.33M
1.84%
Sole
0.00
Shared
0.00
None
7.22K
PERMIAN BASIN RTY TR
SOLEShares276.38K
TypeSH
Market value$3.29M
1.82%
Sole
0.00
Shared
0.00
None
276.38K
GRAYSCALE BITCOIN MINI TR BT
SOLEShares390.44K
TypeSH
Market value$2.20M
1.22%
Sole
82.84K
Shared
0.00
None
307.60K
VANGUARD SPECIALIZED FUNDS
SOLEShares9.06K
TypeSH
Market value$1.80M
1.00%
Sole
0.00
Shared
0.00
None
9.06K
EAGLE MATLS INC
SOLEShares5.67K
TypeSH
Market value$1.63M
0.90%
Sole
0.00
Shared
0.00
None
5.67K
CBOE GLOBAL MKTS INC
SOLEShares6.08K
TypeSH
Market value$1.25M
0.69%
Sole
0.00
Shared
0.00
None
6.08K
INTERCONTINENTAL EXCHANGE IN
SOLEShares7.63K
TypeSH
Market value$1.22M
0.68%
Sole
0.00
Shared
0.00
None
7.63K
SANDSTORM GOLD LTD
SOLEShares193.25K
TypeSH
Market value$1.16M
0.64%
Sole
0.00
Shared
0.00
None
193.25K
TEJON RANCH CO
SOLEShares56.40K
TypeSH
Market value$989.8K
0.55%
Sole
0.00
Shared
0.00
None
56.40K
RLI CORP
SOLEShares5.50K
TypeSH
Market value$852.4K
0.47%
Sole
0.00
Shared
0.00
None
5.50K
ISHARES TR
SOLEShares7.75K
TypeSH
Market value$443.3K
0.25%
Sole
0.00
Shared
0.00
None
7.75K
CME GROUP INC
SOLEShares1.32K
TypeSH
Market value$290.7K
0.16%
Sole
0.00
Shared
0.00
None
1.32K
INVESCO EXCHANGE TRADED FD T
SOLEShares1.51K
TypeSH
Market value$270.2K
0.15%
Sole
0.00
Shared
0.00
None
1.51K
DISNEY WALT CO
SOLEShares2.40K
TypeSH
Market value$230.9K
0.13%
Sole
0.00
Shared
0.00
None
2.40K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TEXAS PACIFIC LAND CORPORATISOLE | COM | 97.78K | SH | $86.51M 47.99% | 0.00 | 0.00 | 97.78K |
GRAYSCALE BITCOIN TR BTCSOLE | SHS REP COM UT | 389.75K | SH | $19.68M 10.92% | 82.84K | 0.00 | 306.90K |
LANDBRIDGESOLE | COM | 232.55K | SH | $9.10M 5.05% | 0.00 | 0.00 | 232.55K |
WHEATON PRECIOUS METALS CORPSOLE | COM | 147.29K | SH | $9.00M 4.99% | 0.00 | 0.00 | 147.29K |
CACI INTL INCSOLE | CL A | 16.56K | SH | $8.36M 4.63% | 0.00 | 0.00 | 16.56K |
MESABI TRSOLE | CTF BEN INT | 293.07K | SH | $6.64M 3.68% | 0.00 | 0.00 | 293.07K |
CIVEO CORP CDASOLE | COM NEW | 230.26K | SH | $6.31M 3.50% | 0.00 | 0.00 | 230.26K |
FIDELITY WISE ORIGIN BITCOINSOLE | SHS | 81.15K | SH | $4.51M 2.50% | 0.00 | 0.00 | 81.15K |
FRANCO NEV CORPSOLE | COM | 32.60K | SH | $4.05M 2.25% | 0.00 | 0.00 | 32.60K |
CARNIVAL CORPSOLE | UNIT 99/99/9999 | 199.60K | SH | $3.69M 2.05% | 0.00 | 0.00 | 199.60K |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 12.12K | SH | $3.43M 1.90% | 0.00 | 0.00 | 12.12K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 7.22K | SH | $3.33M 1.84% | 0.00 | 0.00 | 7.22K |
PERMIAN BASIN RTY TRSOLE | UNIT BEN INT | 276.38K | SH | $3.29M 1.82% | 0.00 | 0.00 | 276.38K |
GRAYSCALE BITCOIN MINI TR BTSOLE | SHS | 390.44K | SH | $2.20M 1.22% | 82.84K | 0.00 | 307.60K |
VANGUARD SPECIALIZED FUNDSSOLE | DIV APP ETF | 9.06K | SH | $1.80M 1.00% | 0.00 | 0.00 | 9.06K |
EAGLE MATLS INCSOLE | COM | 5.67K | SH | $1.63M 0.90% | 0.00 | 0.00 | 5.67K |
CBOE GLOBAL MKTS INCSOLE | COM | 6.08K | SH | $1.25M 0.69% | 0.00 | 0.00 | 6.08K |
INTERCONTINENTAL EXCHANGE INSOLE | COM | 7.63K | SH | $1.22M 0.68% | 0.00 | 0.00 | 7.63K |
SANDSTORM GOLD LTDSOLE | COM NEW | 193.25K | SH | $1.16M 0.64% | 0.00 | 0.00 | 193.25K |
TEJON RANCH COSOLE | COM | 56.40K | SH | $989.8K 0.55% | 0.00 | 0.00 | 56.40K |
RLI CORPSOLE | COM | 5.50K | SH | $852.4K 0.47% | 0.00 | 0.00 | 5.50K |
ISHARES TRSOLE | MSCI ACWI EX US | 7.75K | SH | $443.3K 0.25% | 0.00 | 0.00 | 7.75K |
CME GROUP INCSOLE | COM | 1.32K | SH | $290.7K 0.16% | 0.00 | 0.00 | 1.32K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 1.51K | SH | $270.2K 0.15% | 0.00 | 0.00 | 1.51K |
DISNEY WALT COSOLE | COM | 2.40K | SH | $230.9K 0.13% | 0.00 | 0.00 | 2.40K |
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