MAD RIVER INVESTORS
Latest 13F filing data - Q3 2025
Holdings (Top positions)
| Stock | Ticker | ||
|---|---|---|---|
 | HE | 1.23M | $13.58M |
 | WBI | 252K | $6.35M |
 | LB | 241K | $12.86M |
 | CCL | 155K | $4.49M |
 | WPM | 98K | $10.95M |
 | TPL | 95K | $88.48M |
 | MIAX | 75K | $3.00M |
 | FNV | 24K | $5.26M |
 | ORCL | 8K | $2.26M |
 | ICE | 8K | $1.30M |
 | RLI | 8K | $489.15K |
 | CSCO | 6K | $410.52K |
 | FE | 6K | $261.17K |
 | PANW | 5K | $1.12M |
 | AAPL | 5K | $1.27M |
 | GLPI | 5K | $212.45K |
 | CINF | 4K | $569.16K |
 | AMZN | 3K | $746.54K |
 | C | 3K | $304.50K |
 | KMB | 3K | $348.15K |
Hawaiian Electric Industries, Inc.
HE
Shares Held
1.23M
Value
$13.58M
WaterBridge Infrastructure LLC
WBI
Shares Held
252K
Value
$6.35M
LandBridge Company LLC
LB
Shares Held
241K
Value
$12.86M
Carnival Corporation & plc
CCL
Shares Held
155K
Value
$4.49M
Wheaton Precious Metals Corp.
WPM
Shares Held
98K
Value
$10.95M
Texas Pacific Land Corporation
TPL
Shares Held
95K
Value
$88.48M
MIAMI INTERNATIONAL HOLDINGS, INC.
MIAX
Shares Held
75K
Value
$3.00M
Franco-Nevada Corporation
FNV
Shares Held
24K
Value
$5.26M
Oracle Corporation
ORCL
Shares Held
8K
Value
$2.26M
Intercontinental Exchange, Inc.
ICE
Shares Held
8K
Value
$1.30M
RLI Corp.
RLI
Shares Held
8K
Value
$489.15K
Cisco Systems, Inc.
CSCO
Shares Held
6K
Value
$410.52K
FirstEnergy Corp.
FE
Shares Held
6K
Value
$261.17K
Palo Alto Networks, Inc.
PANW
Shares Held
5K
Value
$1.12M
Apple Inc.
AAPL
Shares Held
5K
Value
$1.27M
Gaming and Leisure Properties, Inc.
GLPI
Shares Held
5K
Value
$212.45K
Cincinnati Financial Corporation
CINF
Shares Held
4K
Value
$569.16K
Amazon.com, Inc.
AMZN
Shares Held
3K
Value
$746.54K
Citigroup Inc.
C
Shares Held
3K
Value
$304.50K
Kimberly-Clark Corporation
KMB
Shares Held
3K
Value
$348.15K