| Texas Pacific Land Corporation | 670K | US$293M | 55.4% |
| Landbridge Company Llc | 395K | US$31.3M | 5.9% |
| Hawaiian Electric Industries | 2.01M | US$27.2M | 5.1% |
| Waterbridge Infrastructure Llc | 733K | US$25.1M | 4.7% |
| Caci International, Inc. | 50,000 | US$23.2M | 4.4% |
| Civeo Corporation (canada) | 554K | US$19.4M | 3.7% |
| Dream Unlimited Corp. Class A | 630K | US$8.75M | 1.7% |
| Miami International Holdings, Inc. | 182K | US$6.77M | 1.3% |
| Urbana Corporation | 1.15M | US$6.73M | 1.3% |
| White Mountains Insurance Group, Ltd. | 2,940 | US$6.1M | 1.2% |
| Interparfums, Inc. | 53,200 | US$5.95M | 1.1% |
| Galaxy Digital Inc. | 160K | US$4.37M | 0.83% |
| Permian Basin Royalty Trust | 99,600 | US$2.49M | 0.47% |
| Western Midstream Partners, Lp | 54,375 | US$2.38M | 0.45% |
| Science Applications International Corporation | 18,000 | US$1.99M | 0.38% |
| Live Nation Entertainment, Inc. | 9,000 | US$1.65M | 0.31% |
| Prairiesky Royalty Ltd | 72,000 | US$1.61M | 0.30% |
| Tejon Ranch Co | 72,200 | US$1.35M | 0.26% |
| Fairfax India Holdings Corp | 72,000 | US$1.32M | 0.25% |
| Mesabi Trust | 50,200 | US$1.27M | 0.24% |
| Carnival Corporation Ltd. | 40,000 | US$1.14M | 0.22% |
| Wendy's Company (the) | 100K | US$829K | 0.16% |
| Fermi Inc. | 90,000 | US$824K | 0.16% |
| Braemar Plc | 189K | US$595K | 0.11% |
| Aztec Land & Cattle Co., Ltd. | 243 | US$589K | 0.11% |
| Rubis Sca | 10,000 | US$351K | 0.07% |
| Euronext Nv | 2,000 | US$320K | 0.06% |
| Pure Cycle Corporation | 26,000 | US$278K | 0.05% |
| Ig Port, Inc. | 34,200 | US$275K | 0.05% |
| Toei Animation Co., Ltd. | 14,200 | US$213K | 0.04% |
| Booz Allen Hamilton Holding Corporation | 3,400 | US$206K | 0.04% |
| Eagle Materials Inc | 880 | US$198K | 0.04% |
| Lict Corp. | 16 | US$187K | 0.04% |
| Dundee Corporation Class A | 64,000 | US$155K | 0.03% |
| Sphere Entertainment Co. | 772 | US$134K | 0.03% |
| Autonation, Inc. | 520 | US$96,611 | 0.02% |
| Madison Square Garden Sports Corp. | 240 | US$96,442 | 0.02% |
| Penske Automotive Group, Inc. | 500 | US$89,475 | 0.02% |
| Boswell (j.g.) Co. | 152 | US$83,904 | 0.02% |
| Affiliated Managers Group, Inc. | 234 | US$79,186 | 0.01% |
| Pason Systems Inc. | 8,000 | US$69,551 | 0.01% |
| Madison Square Garden Entertainment Corp. | 772 | US$62,447 | 0.01% |
| Oshkosh Corporation (holding Company) | 400 | US$61,392 | 0.01% |
| Seaport Entertainment Group Inc. | 2,166 | US$57,616 | 0.01% |
| Circle Internet Group, Inc. | 800 | US$50,104 | <0.01% |
| Rb Global, Inc. | 400 | US$46,580 | <0.01% |
| Oil-dri Corporation Of America | 400 | US$40,884 | <0.01% |
| Triple Flag Precious Metals Corp. | 720 | US$21,578 | <0.01% |
| Centuri Holdings, Inc. | 400 | US$12,096 | <0.01% |
| Liberty Energy Inc. | 400 | US$10,476 | <0.01% |
| Nippon Television Holdings, Inc. | 400 | US$6,875 | <0.01% |
| Fairfax Financial Holdings Limited | 4 | US$6,587 | <0.01% |
| Nzx Limited | 1,000 | US$801 | <0.01% |
| Canton Strategic Holdings, Inc. | 200 | US$564 | <0.01% |
| Burford Capital Limited | 100 | US$410 | <0.01% |
| Howard Hughes Holdings Inc. | 0 | US$0 | 0.00% |
| Royal Caribbean Cruises Ltd. | 0 | US$0 | 0.00% |
| Cra International,inc. | 0 | US$0 | 0.00% |