Msrh, LLC reported 27 positions worth $107.71M for the quarter ended Mar 31, 2026, up 25.9% on the prior quarter. It opened 4 new positions, added to 3, trimmed 5 and exited 4. Its largest holding is Texas Pacific Land Corp at 65.9% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| HE Hawaiian Electric Industries Inc | +19.4K | +13.1% | $287.52K | 2.31% |
| MIAX Miami International Holdings, Inc. | +7,200 | – | $280.22K | 0.26% |
| CCL Carnival Corp Ltd. | +455 | – | $11.78K | 0.011% |
| CRCL Circle Internet Group, Inc. | +5 | +500.0% | $476.67 | <0.01% |
| BUR Burford Capital Ltd | +76 | – | $325.00 | <0.01% |
| FRMI Fermi Inc. | +18 | +128.6% | $105.19 | <0.01% |
| CNTN Canton Strategic Holdings, Inc. | +2 | – | $7.00 | <0.01% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| TPL Texas Pacific Land Corp | -772 | -0.5% | $366.36K | 65.85% |
| WPM Wheaton Precious Metals Corp. | -1,377 | -96.9% | $180.39K | <0.01% |
| GBTC Grayscale Bitcoin Trust ETF | -2,458 | -0.6% | $129.68K | 20.55% |
| FWONA Liberty Media Corp | -1,129 | -100.0% | $100.91K | Exited |
| FNV FRANCO NEVADA Corp | -471 | -100.0% | $97.63K | Exited |
| HHH Howard Hughes Holdings Inc. | -1,200 | -16.7% | $75.91K | 0.352% |
| LB LandBridge Corp | -110 | -0.1% | $7.60K | 6.01% |
| BATRK Atlanta Braves Holdings, Inc. | -117 | -100.0% | $4.62K | Exited |
| GLIBA Liberty Capital Corp | -3,360 | -100.0% | $0.00 | Exited |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | TPL Texas Pacific Land Corp | Real Estate | 149.5K | $70.93M | 65.85% | -772 | -0.5% | Reduced | 0.22% |
| 2 | GBTC Grayscale Bitcoin Trust ETF | Others | 419.6K | $22.14M | 20.55% | -2,458 | -0.6% | Reduced | 0.21% |
| 3 | LB LandBridge Corp | Real Estate | 93.8K | $6.47M | 6.01% | -110 | -0.1% | Reduced | 0.12% |
| 4 | BTC Grayscale Bitcoin Mini Trust ETF | Others | 103.2K | $3.09M | 2.87% | 0 | 0.0% | Unchanged | 0.09% |
| 5 | HE Hawaiian Electric Industries Inc | Utilities | 167.5K | $2.49M | 2.31% | +19.4K | +13.1% | Added | 0.1% |
| 6 | MSB Mesabi Trust | Basic Materials | 45.1K | $1.42M | 1.32% | 0 | 0.0% | Unchanged | 0.34% |
| 7 | HHH Howard Hughes Holdings Inc. | Real Estate | 6,000 | $379.56K | 0.352% | -1,200 | -16.7% | Reduced | 0.01% |
| 8 | WBI WaterBridge Infrastructure LLC | Energy | 12.5K | $334.88K | 0.311% | 0 | 0.0% | Unchanged | 0.03% |
| 9 | MIAX Miami International Holdings, Inc. | Financial Services | 7,200 | $280.22K | 0.26% | +7,200 | – | New | 0.01% |
| 10 | NVO Novo Nordisk A S | Healthcare | 1,868 | $68.65K | 0.064% | 0 | 0.0% | Unchanged | 0% |
| 11 | CVEO Civeo Corp | Industrials | 1,188 | $31.43K | 0.029% | 0 | 0.0% | Unchanged | 0.01% |
| 12 | SEG Seaport Entertainment Group Inc. | Consumer Discretionary | 1,254 | $26.94K | 0.025% | 0 | 0.0% | Unchanged | 0.01% |
| 13 | CCL Carnival Corp Ltd. | Consumer Discretionary | 455 | $11.78K | 0.011% | +455 | – | New | 0% |
| 14 | BKKT Bakkt, Inc. | Technology | 1,147 | $8.44K | <0.01% | 0 | 0.0% | Unchanged | 0% |
| 15 | ARLP Alliance Resource Partners Lp | Energy | 296 | $8.18K | <0.01% | 0 | 0.0% | Unchanged | 0% |
Tip. Select a row to see that position’s full history at Msrh.
As of its Q1 2026 13F filing, Msrh, LLC’s five largest positions were Texas Pacific Land Corp (TPL) at 65.9%, Grayscale Bitcoin Trust ETF (GBTC) at 20.6%, LandBridge Corp (LB) at 6.0%, Grayscale Bitcoin Mini Trust ETF (BTC) at 2.9%, Hawaiian Electric Industries Inc (HE) at 2.3% of the reported portfolio.
Msrh, LLC reported a 13F portfolio worth $107.71M across 27 positions for Q1 2026. That is up 25.9% from the previous quarter.
Its largest purchases by value were Hawaiian Electric Industries Inc ($287.52K), Miami International Holdings, Inc. ($280.22K), Carnival Corp Ltd. ($11.78K). It opened 4 new positions.
Its largest sales by value were Texas Pacific Land Corp ($366.36K), Wheaton Precious Metals Corp. ($180.39K), Grayscale Bitcoin Trust ETF ($129.68K). It exited 4 positions entirely.
From the Form 13F-HR reports Msrh, LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.