Event-driven activist; the letters are famous, the 13F shows the follow-through.
| # | Holding | Our call | % of book | Value | Shares | QoQ |
|---|---|---|---|---|---|---|
| 1 | AMZN | Buy | 19.4% | $404M | 1.94M | Trimmed-10% |
| 2 | TDS | Hold | 13.3% | $278M | 6.60M | Trimmed-1% |
| 3 | CRH | Buy | 9.6% | $200M | 1.90M | Trimmed-27% |
| 4 | SGI | Hold | 8.1% | $168M | 2.27M | Trimmed-33% |
| 5 | CRS | Hold | 5.9% | $122M | 310K | Trimmed-61% |
| 6 | MTZ | Hold | 4.9% | $103M | 320K | Trimmed-65% |
| 7 | DHR | Hold | 4.8% | $99.5M | 525K | Trimmed-13% |
| 8 | TSM | Sell | 4.5% | $92.9M | 275K | Trimmed-35% |
| 9 | API GROUP CORP | — | 3.9% | $82.3M | 2.03M | Trimmed-32% |
| 10 | LYV | Hold | 3.4% | $70.9M | 465K | Trimmed-73% |
| 11 | META | Buy | 2.5% | $51.5M | 90.0K | NEW |
| 12 | GOOGL | Buy | 2.4% | $50.3M | 175K | NEW |
| 13 | GLD | Sell | 2.0% | $40.9M | 95.0K | NEW |
| 14 | HUT | Hold | 2.0% | $40.8M | 870K | NEW |
| 15 | NVDA | Hold | 1.6% | $33.1M | 190K | Trimmed-94% |
| 16 | TDG | Hold | 1.4% | $29.0M | 25.0K | NEW |
| 17 | NSC | Hold | 1.4% | $28.7M | 100K | Trimmed-90% |
| 18 | COF | Buy | 1.2% | $25.5M | 140K | Trimmed-87% |
| 19 | UNP | Hold | 1.2% | $24.3M | 100K | Trimmed-94% |
| 20 | SRTA | Hold | 1.0% | $20.9M | 5.00M | — |
| 21 | KLAC | Buy | 0.8% | $16.2M | 11.0K | NEW |
| 22 | LRCX | Sell | 0.8% | $16.0M | 75.0K | NEW |
| 23 | ASML | Sell | 0.8% | $15.8M | 12.0K | NEW |
| 24 | AVGO | Hold | 0.7% | $15.5M | 50.0K | NEW |
| 25 | SMH | — | 0.7% | $15.3M | 40.0K | NEW |
| 26 | SN | Buy | 0.7% | $13.8M | 131K | Trimmed-89% |
| 27 | HTZWW | — | 0.4% | $9.05M | 3.97M | — |
| 28 | SPRY | Sell | 0.4% | $8.03M | 1.00M | Added+80% |
| 29 | AUR | Avoid | 0.2% | $4.25M | 1.03M | — |
| 30 | FLYX | Avoid | 0.1% | $2.31M | 1.02M | — |
| 31 | CTEV | Avoid | 0.0% | $719K | 44.0K | Trimmed-70% |
| 32 | AURORA INNOVATION INC | — | 0.0% | $365K | 1.83M | — |
| 33 | FLYEXCLUSIVE INC | — | 0.0% | $88.2K | 367K | — |
Source: SEC Form 13F-HR. Positions are as-of quarter end (filed up to 45 days later) and cover US-listed equities only — shorts, non-US listings and most derivatives don’t appear. Values as reported by the filer. “Our call” is TENK/calls’s independent SEC-grounded verdict, not the fund’s view.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.