Mad River Investors 13F annual report
Mad River Investors is an investment fund managing more than $142 billion ran by Stephen Carluccio. There are currently 25 companies in Mr. Carluccio’s portfolio. The largest investments include Texas Pacific Land Corporati and Grayscale Bitcoin Tr Btc, together worth $89.3 billion.
$142 billion Assets Under Management (AUM)
As of 26th July 2024, Mad River Investors’s top holding is 99,310 shares of Texas Pacific Land Corporati currently worth over $72.9 billion and making up 51.2% of the portfolio value.
In addition, the fund holds 307,558 shares of Grayscale Bitcoin Tr Btc worth $16.4 billion.
The third-largest holding is Wheaton Precious Metals Corp worth $7.96 billion and the next is Caci International worth $7.26 billion, with 16,880 shares owned.
Currently, Mad River Investors's portfolio is worth at least $142 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Mad River Investors
The Mad River Investors office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Stephen Carluccio serves as the Chief Compliance Officer at Mad River Investors.
Recent trades
In the most recent 13F filing, Mad River Investors revealed that it had opened a new position in
Grayscale Bitcoin Tr Btc and bought 307,558 shares worth $16.4 billion.
The investment fund also strengthened its position in Texas Pacific Land Corporati by buying
65,852 additional shares.
This makes their stake in Texas Pacific Land Corporati total 99,310 shares worth $72.9 billion.
On the other hand, there are companies that Mad River Investors is getting rid of from its portfolio.
Mad River Investors closed its position in Boeing Co on 2nd August 2024.
It sold the previously owned 5,003 shares for $1.3 billion.
Stephen Carluccio also disclosed a decreased stake in Wheaton Precious Metals Corp by approximately 0.1%.
This leaves the value of the investment at $7.96 billion and 151,871 shares.
One of the smallest hedge funds
The two most similar investment funds to Mad River Investors are Ehp Funds and Albert D Mason Inc. They manage $142 billion and $142 billion respectively.
Stephen Carluccio investment strategy
Mad River Investors’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Materials — making up 6.3% of
the total portfolio value.
The fund focuses on investments in the United States as
24.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
16% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $98.7 billion.
The complete list of Mad River Investors trades based on 13F SEC filings
These positions were updated on August 2nd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Texas Pacific Land Corporati |
196.82%
99,310
|
$72,920,232,000 | 51.22% |
| Grayscale Bitcoin Tr Btc |
Opened
307,558
|
$16,374,388,000 | 11.50% |
| Wheaton Precious Metals Corp |
1.98%
151,871
|
$7,961,075,000 | 5.59% |
| Caci International Inc. |
4.52%
16,880
|
$7,260,595,000 | 5.10% |
| Civeo Corp Cda |
3.80%
235,448
|
$5,867,371,000 | 4.12% |
| Mesabi Tr |
11.94%
291,646
|
$5,025,070,000 | 3.53% |
| Fidelity Wise Origin Bitcoin |
Opened
83,001
|
$4,354,233,000 | 3.06% |
| Franco Nev Corp |
1.35%
32,554
|
$3,858,249,000 | 2.71% |
| Vanguard Index Fds |
No change
12,482
|
$3,339,060,000 | 2.35% |
| Berkshire Hathaway Inc. |
5.09%
7,463
|
$3,035,949,000 | 2.13% |
| Vanguard Specialized Funds |
No change
10,052
|
$1,834,993,000 | 1.29% |
| Associated Cap Group Inc |
29.28%
52,300
|
$1,779,246,000 | 1.25% |
| Tejon Ranch Co. |
20.67%
77,600
|
$1,323,856,000 | 0.93% |
| Boeing Co. |
Closed
5,003
|
$1,304,082,000 | |
| Eagle Matls Inc |
Opened
5,640
|
$1,226,475,000 | 0.86% |
| Intercontinental Exchange In |
1.60%
7,675
|
$1,050,631,000 | 0.74% |
| Sandstorm Gold Ltd |
3.50%
192,069
|
$1,044,856,000 | 0.73% |
| Cboe Global Mkts Inc |
3.84%
6,080
|
$1,033,965,000 | 0.73% |
| CME Group Inc |
2.19%
5,129
|
$1,008,362,000 | 0.71% |
| RLI Corp. |
No change
5,500
|
$773,795,000 | 0.54% |
| Ishares Tr |
4.65%
7,747
|
$411,599,000 | 0.29% |
| Invesco Exchange Traded Fd T |
No change
1,626
|
$267,120,000 | 0.19% |
| Howard Hughes Corporation |
Closed
3,000
|
$256,650,000 | |
| Liberty Media Corp. |
27.65%
3,399
|
$244,185,000 | 0.17% |
| Disney Walt Co |
No change
2,400
|
$238,296,000 | 0.17% |
| Rumble Inc |
23.86%
16,750
|
$92,963,000 | 0.07% |
| Renn Fd Inc |
No change
28,000
|
$47,600,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 27 holdings | |||
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