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Q2 2026 13F filing
Updated 38 days ago30 disclosed positions worth $268.1M
Portfolio value
$268.1M
Total holdings
30
New positions
2
Closed positions
4
Increased
10
Decreased
8
Turnover
20.0%
Filed
2026-08-03
Full holdings
Every line item disclosed in Q2 2026
| # | Stock | Value | Shares | % Portfolio | Change |
|---|---|---|---|---|---|
| 1 | T TPL TEXAS PACIFIC LAND CORPORATI | $124.9M | 285.3K | 46.58% | Added(+0.1%) |
| 2 | P PBT PERMIAN BASIN RTY TR | $25.2M | 1.01M | 9.39% | Added(+0.2%) |
| 3 | L LB LANDBRIDGE COMPANY LLC | $21.2M | 268.0K | 7.92% | Added(+0.6%) |
| 4 | H HE HAWAIIAN ELEC INDS INC MTN B | $17.9M | 1.32M | 6.67% | Added(+0.4%) |
| 5 | G GBTC GRAYSCALE BITCOIN TRUST ETF | $16.4M | 360.1K | 6.11% | Unchanged |
| 6 | M MIAX MIAMI INTL HLDGS INC | $10.7M | 289.0K | 4.01% | Added(+255.7%) |
| 7 | W WBI WATERBRIDGE INFRASTRUCTURE L | $9.2M | 267.8K | 3.42% | Trimmed(-1.1%) |
| 8 | M MSB MESABI TR | $8.2M | 323.7K | 3.05% | Added(+0.7%) |
| 9 | W WPM WHEATON PRECIOUS METALS CORP | $6.3M | 56.2K | 2.35% | Trimmed(-37.1%) |
| 10 | F FNV FRANCO NEV CORP | $4.7M | 22.5K | 1.75% | Trimmed(-4.6%) |
| 11 | F FBTC FIDELITY WISE ORIGIN BITCOIN | $3.6M | 70.4K | 1.34% | Added(+0.0%) |
| 12 | C CCL CARNIVAL CORP LTD | $2.7M | 95.4K | 1.02% | — |
| 13 | V VGES VANGUARD INDEX FDS | $2.5M | 6.8K | 0.94% | Trimmed(-22.7%) |
| 14 | B BTC GRAYSCALE BITCOIN MINI TR ET | $2.1M | 81.5K | 0.79% | Added(+0.4%) |
| 15 | P PANW PALO ALTO NETWORKS INC | $1.9M | 5.5K | 0.70% | Unchanged |
| 16 | C CBOE CBOE GLOBAL MKTS INC | $1.6M | 6.7K | 0.61% | Added(+0.4%) |
| 17 | A AAPL APPLE INC | $1.5M | 5.0K | 0.55% | Trimmed(-1.0%) |
| 18 | O ORCL-PD ORACLE CORP | $1.2M | 8.1K | 0.44% | Unchanged |
| 19 | I ICE INTERCONTINENTAL EXCHANGE IN | $966K | 7.8K | 0.36% | Added(+2.6%) |
| 20 | A AMZN AMAZON COM INC | $810K | 3.4K | 0.30% | Trimmed(-2.9%) |
| 21 | U UNH UNITEDHEALTH GROUP INC | $707K | 1.7K | 0.26% | Unchanged |
| 22 | C CSCO CISCO SYS INC | $705K | 6.0K | 0.26% | Unchanged |
| 23 | C CINF CINCINNATI FINL CORP | $667K | 3.6K | 0.25% | Unchanged |
| 24 | H HE HAWAIIAN ELEC INDS INC MTN B | $660K | 48.8K | 0.25% | Trimmed(-96.3%) |
| 25 | E ETN EATON CORP PLC | $511K | 1.2K | 0.19% | Unchanged |
| 26 | R RLI RLI CORP | $354K | 6.0K | 0.13% | Unchanged |
| 27 | B BRK-A BERKSHIRE HATHAWAY INC DEL | $313K | 625 | 0.12% | Trimmed(-24.2%) |
| 28 | J JNJ JOHNSON & JOHNSON | $305K | 1.2K | 0.11% | Unchanged |
| 29 | C CACI CACI INTL INC | $211K | 455 | 0.08% | Trimmed(-43.5%) |
| 30 | F FRMI FERMI INC | $151K | 16.5K | 0.06% | — |