13F HOLDINGS REPORT
MAD RIVER INVESTORS
Quarter ended Q1 2024 · Filed April 19, 2024 · Accession 0001384484-24-000004
Total Value
$144.1M
Positions
27
Other Managers
0
Confidential Omitted
No
Holdings (27)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TEXAS PACIFIC LAND CORPORATI | TPL | 100,121 | $57.9M | 40.21% |
| 2 | GRAYSCALE BITCOIN TR BTC | GBTC | 399,725 | $25.3M | 17.53% |
| 3 | WHEATON PRECIOUS METALS CORP | WPM | 152,743 | $7.2M | 5.00% |
| 4 | CACI INTL INC | 127190304 | 17,230 | $6.5M | 4.53% |
| 5 | CIVEO CORP CDA | CVEO | 241,866 | $6.5M | 4.51% |
| 6 | FIDELITY WISE ORIGIN BITCOIN | FBTC | 85,129 | $5.3M | 3.67% |
| 7 | MESABI TR | MSB | 285,837 | $5.1M | 3.51% |
| 8 | FRANCO NEV CORP | FNV | 32,402 | $3.9M | 2.68% |
| 9 | CARNIVAL CORP | CUKPF | 212,400 | $3.5M | 2.41% |
| 10 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 7,813 | $3.3M | 2.28% |
| 11 | VANGUARD INDEX FDS | 922908769 | 12,482 | $3.2M | 2.25% |
| 12 | PERMIAN BASIN RTY TR | 714236106 | 252,447 | $3.1M | 2.12% |
| 13 | ASSOCIATED CAP GROUP INC | 045528106 | 63,000 | $2.1M | 1.43% |
| 14 | VANGUARD SPECIALIZED FUNDS | 921908844 | 10,052 | $1.8M | 1.27% |
| 15 | EAGLE MATLS INC | 26969P108 | 5,710 | $1.6M | 1.08% |
| 16 | TEJON RANCH CO | TRC | 89,900 | $1.4M | 0.96% |
| 17 | CME GROUP INC | CME | 5,194 | $1.1M | 0.78% |
| 18 | CBOE GLOBAL MKTS INC | 12503M108 | 6,080 | $1.1M | 0.78% |
| 19 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 7,700 | $1.1M | 0.73% |
| 20 | SANDSTORM GOLD LTD | 80013R206 | 189,053 | $992,530 | 0.69% |
| 21 | RLI CORP | RLI | 5,500 | $816,585 | 0.57% |
| 22 | ISHARES TR | 464288240 | 7,747 | $413,613 | 0.29% |
| 23 | DISNEY WALT CO | 254687106 | 2,400 | $293,664 | 0.20% |
| 24 | INVESCO EXCHANGE TRADED FD T | IVZ | 1,626 | $275,396 | 0.19% |
| 25 | LIBERTY MEDIA CORP DEL | FWONB | 4,127 | $270,732 | 0.19% |
| 26 | RUMBLE INC | RUMBW | 21,500 | $173,720 | 0.12% |
| 27 | RENN FD INC | 759720105 | 28,000 | $44,240 | 0.03% |