Total reported value
$112.9M
Reporting period: 2026-03-31 · Number of holdings: 29
MSRH, LLC disclosed 29 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $112.9M and a quarterly turnover rate of 39.9%.
Add TPL
-0.5% $27.8M
Trim GBTC
-0.6% -$6.7M
Trim BTC
0.0% -$902.0K
Trim MSB
0.0% -$316.7K
Add LB
-0.1% $1.9M
Trim HHH
-16.7% -$194.8K
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | TPL | Texas Pacific Land CORP | Stock-Energy | 62.83% | +14.67% | -0.51% | |
| 2 | GBTC | Grayscale Bitcoin Trust ETF | ETF-Crypto | 19.61% | -12.60% | -0.58% | |
| 3 | LB | Landbridge Co Llc-a | Stock-Other | 5.73% | +0.60% | -0.12% | |
| 4 | PBT | Permian Basin Royalty Trust | Stock-Other | 4.58% | +0.05% | +0.54% | |
| 5 | BTC | Grayscale Bitcoin Mini ETF | ETF-Crypto | 2.74% | -1.72% | — | |
| 6 | HE | Hawaiian Electric Inds | Stock-Utilities | 2.20% | +0.17% | +13.08% | |
| 7 | MSB | Mesabi Trust | Stock-Other | 1.26% | -0.68% | — | |
| 8 | HHH | Howard Hughes Holdings INC | Stock-Real Estate | 0.34% | -0.30% | -16.67% | |
| 9 | WBI | Waterbridge Infrastruc-cl A | Stock-Other | 0.30% | +0.02% | — | |
| 10 | MIAX | Miami International Holdings | Stock-Other | 0.25% | +0.25% | NEW | |
| 11 | NVO | Novo-nordisk A/s-spons Adr | Stock-Healthcare | 0.06% | -0.05% | — | |
| 12 | CVEO | Civeo CORP | Stock-Other | 0.03% | — | — | |
| 13 | SEG | Seaport Entertainment Group | Stock-Other | 0.02% | -0.01% | — | |
| 14 | CCL1EUR | Carnival CORP LTD | Stock-Consumer Disc | 0.01% | +0.01% | NEW | |
| 15 | ✓ | Royal Caribbean Group | Stock-Other | 0.01% | +0.01% | NEW | |
| 16 | BKKT | Bakkt INC | Stock-Other | 0.01% | — | — | |
| 17 | ARLP | Alliance Resource Partners | Stock-Other | 0.01% | — | — | |
| 18 | WPM | Wheaton Precious Metals CORP | Stock-Materials | 0.01% | -0.18% | -96.90% | |
| 19 | IBIT | Ishares Bitcoin Trust ETF | ETF-Crypto | — | -0.01% | — | |
| 20 | NG | Novagold Resources INC | Stock-Other | — | — | — | |
| 21 | TRC | Tejon Ranch Co | Stock-Other | — | — | — | |
| 22 | CRCL | Circle Internet Group INC | Stock-Financials | — | — | +500.00% | |
| 23 | SLV | Ishares Silver Trust | ETF-Commodities | — | — | — | |
| 24 | BUR | Burford Capital Limited | Stock-Other | — | — | NEW | |
| 25 | TMQ | Trilogy Metals INC | Stock-Other | — | — | — | |
| 26 | FRMI | Fermi INC | Stock-Other | — | — | +128.57% | |
| 27 | PAA | Plains All Amer Pipeline LP | Stock-Energy | — | — | — | |
| 28 | ET | Energy Transfer LP | Stock-Energy | — | — | — | |
| 29 | CNTN | Canton Strategic Holdings In | Stock-Other | — | — | NEW |
Performance for Q3 2026
—
Performance Last 4 Quarters
—
Based on 0 months of available history
Based on 16% of reported portfolio value with available pricing
Msrh, LLC's most significant position changes for 2026-03-31: New buy: Miami International Holdings (MIAX); Sold out: Liberty Media Corp-formula-a (FWONA); Sold out: Franco-nevada CORP (FNV); New buy: Carnival CORP LTD (CCL1EUR); New buy: Royal Caribbean Group.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | TPL | Texas Pacific Land CORP | +14.7% | -0.51% | Trim |
| 2 | LB | Landbridge Co Llc-a | +0.6% | -0.12% | Trim |
| 3 | HE | Hawaiian Electric Inds | +0.2% | +13.08% | Add |
| 4 | PBT | Permian Basin Royalty Trust | +0.1% | +0.54% | Add |
| 5 | WBI | Waterbridge Infrastruc-cl A | 0% | — | Unchanged |
| 6 | CVEO | Civeo CORP | — | — | Unchanged |
| 7 | BKKT | Bakkt INC | — | — | Unchanged |
| 8 | ARLP | Alliance Resource Partners | — | — | Unchanged |
| 9 | CRCL | Circle Internet Group INC | — | +500.00% | Add |
| 10 | TRC | Tejon Ranch Co | — | — | Unchanged |
| 11 | NG | Novagold Resources INC | — | — | Unchanged |
| 12 | FRMI | Fermi INC | — | +128.57% | Add |
| 13 | TMQ | Trilogy Metals INC | — | — | Unchanged |
| 14 | SLV | Ishares Silver Trust | — | — | Unchanged |
| 15 | PAA | Plains All Amer Pipeline LP | — | — | Unchanged |
| 16 | ET | Energy Transfer LP | — | — | Unchanged |
| 17 | SEG | Seaport Entertainment Group | 0% | — | Unchanged |
| 18 | IBIT | Ishares Bitcoin Trust ETF | 0% | — | Unchanged |
| 19 | NVO | Novo-nordisk A/s-spons Adr | -0.1% | — | Unchanged |
| 20 | WPM | Wheaton Precious Metals CORP | -0.2% | -96.90% | Trim |
| 21 | HHH | Howard Hughes Holdings INC | -0.3% | -16.67% | Trim |
| 22 | MSB | Mesabi Trust | -0.7% | — | Unchanged |
| 23 | BTC | Grayscale Bitcoin Mini ETF | -1.7% | — | Unchanged |
| 24 | GBTC | Grayscale Bitcoin Trust ETF | -12.6% | -0.58% | Trim |
| 25 | MIAX | Miami International Holdings | — | NEW | New buy |
| 26 | FWONA | Liberty Media Corp-formula-a | — | EXIT | Sold out |
| 27 | FNV | Franco-nevada CORP | — | EXIT | Sold out |
| 28 | CCL1EUR | Carnival CORP LTD | — | NEW | New buy |
| 29 | ✓ | Royal Caribbean Group | — | NEW | New buy |
| 30 | BATRK | Atlanta Braves Holdings In-c | — | EXIT | Sold out |
| 31 | BUR | Burford Capital Limited | — | NEW | New buy |
| 32 | CNTN | Canton Strategic Holdings In | — | NEW | New buy |
| 33 | GLIBA | Liberty Capital CORP | — | EXIT | Sold out |