13F HOLDINGS REPORT
MAD RIVER INVESTORS
Quarter ended Q2 2023 · Filed May 4, 2023 · Accession 0001384484-23-000004
Total Value
$141.9M
Positions
23
Other Managers
0
Confidential Omitted
No
Holdings (23)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TEXAS PACIFIC LAND CORPORATI | TPL | 42,995 | $73.1M | 51.56% |
| 2 | WHEATON PRECIOUS METALS CORP | WPM | 182,502 | $8.8M | 6.20% |
| 3 | MESABI TR | MSB | 343,575 | $8.7M | 6.10% |
| 4 | PERMIAN BASIN RTY TR | 714236106 | 332,247 | $8.1M | 5.71% |
| 5 | CACI INTL INC | 127190304 | 23,855 | $7.1M | 4.98% |
| 6 | CIVEO CORP CDA | CVEO | 341,979 | $7.1M | 4.98% |
| 7 | FRANCO NEV CORP | FNV | 42,053 | $6.1M | 4.32% |
| 8 | TEJON RANCH CO | TRC | 230,725 | $4.2M | 2.97% |
| 9 | ASSOCIATED CAP GROUP INC | 045528106 | 108,875 | $4.0M | 2.84% |
| 10 | CARNIVAL CORP | CUKPF | 308,900 | $3.1M | 2.21% |
| 11 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 8,113 | $2.5M | 1.77% |
| 12 | SANDSTORM GOLD LTD | 80013R206 | 276,133 | $1.6M | 1.13% |
| 13 | CME GROUP INC | CME | 7,984 | $1.5M | 1.08% |
| 14 | CBOE GLOBAL MKTS INC | 12503M108 | 8,955 | $1.2M | 0.85% |
| 15 | BOEING CO | BA-PA | 5,160 | $1.1M | 0.77% |
| 16 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 10,330 | $1.1M | 0.76% |
| 17 | RLI CORP | RLI | 5,500 | $731,005 | 0.52% |
| 18 | HOWARD HUGHES CORP | HHH | 5,525 | $442,000 | 0.31% |
| 19 | LIBERTY MEDIA CORP DEL | FWONB | 5,728 | $428,627 | 0.30% |
| 20 | RUMBLE INC | RUMBW | 42,200 | $422,000 | 0.30% |
| 21 | DISNEY WALT CO | 254687106 | 2,400 | $240,312 | 0.17% |
| 22 | EBAY INC. | EBAY | 4,700 | $208,539 | 0.15% |
| 23 | RENN FD INC | 759720105 | 28,000 | $49,000 | 0.03% |