LSHAX Holdings List

As of Dec 31, 2024

No.	Symbol	Name	% Weight	Shares
1	TPL	Texas Pacific Land Corporation	74.78%	24,779
2	CSWI	CSW Industrials, Inc.	5.20%	5,400
3	LB	LandBridge Company LLC	4.76%	27,000
4	USBGFS7	US BANK MMDA - USBGFS 7	4.32%	1,584,569
5	AC	Associated Capital Group, Inc.	3.21%	34,300
6	GAMI	GAMCO Investors Inc	2.59%	39,300
7	CVEO	Civeo Corporation	1.24%	20,000
8	FWONA	Formula One Group	0.69%	3,000
9	PSK	SPDR ICE Preferred Securities ETF	0.64%	12,000
10	BTC	Grayscale Bitcoin Mini Trust ETF	0.43%	3,736
11	BKKT	Bakkt Holdings, Inc.	0.35%	5,180
12	HHH	Howard Hughes Holdings Inc.	0.34%	1,600
13	WTM	White Mountains Insurance Group, Ltd.	0.31%	58
14	n/a	Landbridge Co LLC	0.26%	1,666
15	EXP	Eagle Materials Inc.	0.22%	324
16	DBRG	DigitalBridge Group, Inc.	0.19%	6,300
17	BATRK	Atlanta Braves Holdings, Inc.	0.18%	1,694
18	GLXY	Galaxy Digital Holdings Ltd	0.17%	3,600
19	PBH	Prestige Consumer Healthcare Inc.	0.17%	797
20	HE	Hawaiian Electric Industries, Inc.	0.10%	3,600
21	BCHG	Grayscale Bitcoin Cash Trust	0.09%	6,073
22	FIH/U	Fairfax India Holdings Corp	0.07%	1,600
23	URB	Urbana Corp	0.07%	6,234
24	LBRT	Liberty Energy Inc.	0.05%	972
25	GE	General Electric Company	0.05%	100
26	MSB	Mesabi Trust	0.04%	550
27	KNF	Knife River Corporation	0.03%	100
28	GEV	GE Vernova Inc.	0.02%	25
29	IBIT	iShares Bitcoin Trust ETF	0.02%	146
30	URB/A	Urbana Corp	0.02%	1,600
31	SEG	Seaport Entertainment Group Inc.	0.01%	188
32	4816	Toei Animation Co Ltd	0.01%	200
33	GBTC	Grayscale Bitcoin Trust ETF	0.01%	60
34	FRFHF	Fairfax Financial Holdings Limited	0.01%	2
35	ARIS	Aris Water Solutions, Inc.	0.01%	98
36	BN	Brookfield Corporation	0.01%	36
37	NGLOY	Anglo American plc	0.00%	72

As of Dec 31, 2024

Asset Allocation