MRM-Horizon Advisors

Mad River Investors as of Dec. 31, 2024

Portfolio Holdings for Mad River Investors

Mad River Investors holds 26 positions in its portfolio as reported in the December 2024 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Texas Pacific Land Corp (TPL) 49.3 $106M 96k 1105.96
Grayscale Bitcoin Trust Etf Shs Rep Com Ut (GBTC) 13.3 $29M 386k 74.02
Landbridge Company Cl A (LB) 7.0 $15M 234k 64.60
Wheaton Precious Metals Corp (WPM) 3.9 $8.3M 148k 56.24
Mesabi Tr Ctf Ben Int (MSB) 3.9 $8.3M 295k 28.11
Caci Intl Cl A (CACI) 3.1 $6.6M 16k 404.05
Fidelity Wise Origin Bitcoin SHS (FBTC) 2.9 $6.2M 76k 81.58
Civeo Corp Cda Com New (CVEO) 2.3 $4.9M 217k 22.72
Carnival Corp Unit 99/99/9999 (CCL) 2.2 $4.8M 193k 24.92
Franco-Nevada Corporation (FNV) 1.8 $3.8M 32k 117.59
Vanguard Index Fds Total Stk Mkt (VTI) 1.6 $3.5M 12k 289.81
Grayscale Bitcoin Mini Tr Et Shs New 1.5 $3.3M 78k 41.87
Berkshire Hathaway Inc Del Cl B New (BRK.B) 1.4 $3.0M 6.7k 453.28
Permian Basin Rty Tr Unit Ben Int (PBT) 1.3 $2.7M 246k 11.08
Vanguard Specialized Funds Div App Etf (VIG) 0.8 $1.8M 9.1k 195.83
Eagle Materials (EXP) 0.6 $1.3M 5.4k 246.74
CBOE Holdings (CBOE) 0.6 $1.2M 6.2k 195.39
Hawaiian Electric Industries (HE) 0.5 $1.2M 120k 9.73
Intercontinental Exchange (ICE) 0.5 $1.1M 7.5k 149.02
Sandstorm Gold Com New (SAND) 0.5 $1.0M 183k 5.58
Rli (RLI) 0.4 $907k 5.5k 164.83
Tejon Ranch Company (TRC) 0.2 $442k 28k 15.90
Ishares Tr Msci Acwi Ex Us (ACWX) 0.2 $404k 7.7k 52.16
Walt Disney Company (DIS) 0.1 $267k 2.4k 111.35
Invesco Exchange Traded Fd T S&p500 Eql Wgt (RSP) 0.1 $264k 1.5k 175.23
RENN Global Entrepreneurs Fund (RCG) 0.0 $62k 28k 2.23