MRM-Horizon Advisors

Mad River Investors as of Dec. 31, 2015

Portfolio Holdings for Mad River Investors

Mad River Investors holds 33 positions in its portfolio as reported in the December 2015 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Howard Hughes 13.7 $11M 97k 113.16
Icahn Enterprises (IEP) 9.4 $7.5M 122k 61.30
Libertyinteractivecorp lbtventcoma 8.7 $6.9M 153k 45.11
Liberty Media Corp Del Com Ser C 7.8 $6.2M 163k 38.08
Berkshire Hathaway (BRK.B) 7.3 $5.9M 44k 132.04
Texas Pacific Land Trust 6.5 $5.2M 40k 130.93
DreamWorks Animation SKG 5.9 $4.7M 183k 25.77
Liberty Media 3.9 $3.1M 79k 39.25
Liberty Broadband Cl C (LBRDK) 3.4 $2.7M 53k 51.86
Brookfield Asset Management 3.4 $2.7M 85k 31.54
Starz - Liberty Capital 3.3 $2.6M 79k 33.51
DISH Network 3.2 $2.6M 45k 57.18
Platform Specialty Prods Cor 3.2 $2.5M 199k 12.83
Sears Holdings Corporation 2.7 $2.2M 106k 20.56
Echostar Corporation (SATS) 2.5 $2.0M 51k 39.11
Green Brick Partners (GRBK) 1.9 $1.6M 217k 7.20
Continental Resources 1.6 $1.3M 57k 22.98
Silver Wheaton Corp 1.4 $1.1M 90k 12.42
Emergent Cap 1.4 $1.1M 294k 3.69
Liberty Broadband Corporation (LBRDA) 1.2 $990k 19k 51.67
Liberty Media 1.2 $956k 35k 27.31
Sears Canada (SRSCQ) 1.2 $958k 187k 5.11
Tri Pointe Homes (TPH) 1.1 $887k 70k 12.67
Pershing Gold 1.0 $792k 226k 3.51
Restaurant Brands Intl Inc Com equity / large cap (QSR) 0.7 $516k 14k 37.39
Rli (RLI) 0.6 $482k 7.8k 61.72
Sears Hldgs Corp *w exp 12/15/201 0.4 $296k 27k 10.98
Walt Disney Company (DIS) 0.3 $252k 2.4k 105.00
Johnson & Johnson (JNJ) 0.3 $247k 2.4k 102.92
Nuveen Munpl Markt Opp Fund 0.3 $232k 17k 13.81
Nuveen Performance Plus Municipal Fund 0.3 $223k 15k 14.97
Templeton Russia & East European Fund 0.2 $153k 15k 10.55
PINGTAN MARINE ENTERPRISE Lt 0.1 $81k 50k 1.63