MRM-Horizon Advisors

Mad River Investors as of Dec. 31, 2016

Portfolio Holdings for Mad River Investors

Mad River Investors holds 33 positions in its portfolio as reported in the December 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Texas Pacific Land Trust 15.9 $12M 42k 296.76
Howard Hughes 12.8 $10M 87k 114.10
Icahn Enterprises (IEP) 10.5 $8.2M 136k 59.92
Berkshire Hathaway (BRK.B) 8.2 $6.4M 39k 162.98
Liberty Media Corp Delaware Com C Siriusxm 6.3 $4.8M 143k 33.92
Silver Wheaton Corp 6.1 $4.7M 243k 19.32
Liberty Broadband Cl C (LBRDK) 4.4 $3.4M 46k 74.07
Liberty Ventures - Ser A 3.8 $3.0M 80k 36.87
DISH Network 3.5 $2.7M 47k 57.93
Brookfield Asset Management 3.3 $2.6M 78k 33.01
Echostar Corporation (SATS) 3.3 $2.5M 50k 51.39
Liberty Media Corp Delaware Com A Siriusxm 3.0 $2.4M 69k 34.52
Green Brick Partners (GRBK) 2.4 $1.9M 188k 10.05
Continental Resources 2.4 $1.9M 36k 51.54
Platform Specialty Prods Cor 1.9 $1.5M 154k 9.81
Liberty Broadband Corporation (LBRDA) 1.6 $1.2M 17k 72.45
Lions Gate Entmnt Corp cl b non vtg (LGF.B) 1.4 $1.1M 46k 24.54
Liberty Media Corp Series C Li 1.4 $1.1M 36k 31.34
Sears Holdings Corporation 1.1 $878k 95k 9.29
Pershing Gold 0.9 $712k 218k 3.27
Navigator Holdings Ltd Com Stk (NVGS) 0.8 $639k 69k 9.30
Liberty Media Corp Del Com Ser 0.7 $536k 17k 31.38
Rli (RLI) 0.6 $493k 7.8k 63.12
Nuveen Insured Tax-Free Adv Munici (NEA) 0.6 $442k 33k 13.35
Liberty Expedia Holdings ser a 0.6 $445k 11k 39.63
Commercehub Inc Com Ser C 0.5 $395k 26k 15.04
Johnson & Johnson (JNJ) 0.4 $277k 2.4k 115.42
Walt Disney Company (DIS) 0.3 $250k 2.4k 104.17
Sears Canada (SRSCQ) 0.2 $190k 112k 1.70
Commercehub Inc Com Ser A 0.2 $197k 13k 15.03
Emergent Cap 0.2 $171k 141k 1.21
PINGTAN MARINE ENTERPRISE Lt 0.1 $87k 50k 1.75
Sears Hldgs Corp *w exp 12/15/201 0.1 $83k 23k 3.54