Holdings of MAD RIVER INVESTORS
27 declared positions · as of Mar 31, 2026
Original filing · Ten largest lines: 94.6 % of the equity sleeve
Sector breakdown
- Financials 1.7 %
- Technology 1.5 %
- Health care 0.3 %
- Consumer discretionary 0.3 %
- Materials 0.2 %
- Unattributed 95.9 %
Titelia classification, company by company. The unattributed share stays visible.
Currency breakdown
The quoted currency of each line, as declared.
Country breakdown
Shares computed on the equity sleeve.
| Rank | Country | Lines | Value | Share |
|---|
| 1 | US | 27 | 255.2M $ | 100.00 % |
Positions
| Rank | Company | Shares | Value | Weight |
|---|
| 1 | Texas Pacific Land Corp | 285,120 | 135.3M $ | |
| 2 | Permian Basin Royalty Trust | 1,003,140 | 21.6M $ | |
| 3 | Hawaiian Electric Industries Inc | 1,317,050 | 19.5M $ | |
| 4 | Grayscale Bitcoin Trust ETF | 360,139 | 19M $ | |
| 5 | Landbridge Co LLC | 266,385 | 18.4M $ | |
| 6 | Mesabi Trust | 321,546 | 10.1M $ | |
| 7 | WaterBridge Infrastructure LLC | 270,900 | 7.3M $ | |
| 8 | Fidelity Wise Origin Bitcoin Fund | 70,339 | 4.2M $ | |
| 9 | Miami International Holdings Inc | 81,250 | 3.2M $ | |
| 10 | Vanguard Total Stock Market ETF | 8,800 | 2.8M $ | |
| 11 | Grayscale Bitcoin Mini Trust E | 81,217 | 2.4M $ | |
| 12 | Cboe Global Markets Inc | 6,680 | 1.9M $ | |
| 13 | Apple Inc | 5,100 | 1.3M $ | |
| 14 | Intercontinental Exchange Inc | 7,645 | 1.2M $ | |
| 15 | Oracle Corp | 8,050 | 1.2M $ | |
| 16 | Palo Alto Networks Inc | 5,484 | 879.2K $ | |
| 17 | Amazon.com Inc | 3,500 | 728.9K $ | |
| 18 | Royal Gold Inc | 2,463 | 626.8K $ | |
| 19 | Cincinnati Financial Corp | 3,600 | 566.5K $ | |
| 20 | Cisco Systems, Inc. | 6,000 | 465.5K $ | |
| 21 | UnitedHealth Group Inc | 1,700 | 460K $ | |
| 22 | CACI International Inc | 805 | 437.8K $ | |
| 23 | JPMorgan Chase & Co | 1,417 | 416.8K $ | |
| 24 | Berkshire Hathaway Inc | 825 | 395.3K $ | |
| 25 | RLI Corp | 6,000 | 342.2K $ | |
| 26 | Johnson & Johnson | 1,200 | 293.3K $ | |
| 27 | VANGUARD DIVIDEND APPRECIATION VANGUARD DIVIDEND APPREC ETF | 1,000 | 215.1K $ | |