Q2 2025 · 13F-HR
VAN DEN BERG MANAGEMENT I, INCholdings as filed
Filed 2025-08-14 · accession 0001398344-25-015399
$351.8M
Reported value
110
Positions
2025-06-30
Period end
The Brief · VAN DEN BERG MANAGEMENT I, INC · Q2 2025
AI · grounded in 13F
VAN DEN BERG MANAGEMENT I, INC established a new position in PHYS worth $21.97M. The fund also initiated new stakes in XOM for $16.9M and COHR for $13.7M. Additional new positions include BRK/B, EQT, and BN.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 85207H104 | PHYS | SPROTT PHYSICAL GOLD TR | $22.0M | 6.24% | 866,612 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $16.9M | 4.80% | 156,771 | Common | SOLE |
| 19247G107 | COHR | COHERENT CORP | $13.7M | 3.89% | 153,593 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $13.6M | 3.86% | 27,981 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $13.5M | 3.82% | 230,707 | Common | SOLE |
| 11271J107 | BN | BROOKFIELD CORP | $12.8M | 3.65% | 207,634 | Common | SOLE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $12.0M | 3.41% | 40,646 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $11.9M | 3.37% | 66,853 | Common | SOLE |
| 25278X109 | FANG | DIAMONDBACK ENERGY INC | $11.3M | 3.21% | 82,099 | Common | SOLE |
| 205768302 | CRK | COMSTOCK RES INC | $10.9M | 3.11% | 395,228 | Common | SOLE |
| 811916105 | SA | SEABRIDGE GOLD INC | $10.9M | 3.11% | 753,003 | Common | SOLE |
| 550241103 | LUMN | LUMEN TECHNOLOGIES INC | $10.6M | 3.01% | 2,419,663 | Common | SOLE |
| 24703L202 | DELL | DELL TECHNOLOGIES INC | $9.6M | 2.73% | 78,375 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM INC | $9.3M | 2.64% | 58,302 | Common | SOLE |
| 928881101 | VNT | VONTIER CORPORATION | $9.0M | 2.57% | 244,678 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $8.6M | 2.43% | 17,223 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $8.5M | 2.42% | 68,574 | Common | SOLE |
| G8267P108 | SW | SMURFIT WESTROCK PLC | $7.6M | 2.15% | 175,653 | Common | SOLE |
| 036752103 | ELV | ELEVANCE HEALTH INC | $7.2M | 2.04% | 18,470 | Common | SOLE |
| 806857108 | SLB | SCHLUMBERGER LTD | $6.4M | 1.81% | 188,333 | Common | SOLE |
| 71424F105 | PR | PERMIAN RESOURCES CORP | $6.3M | 1.79% | 461,634 | Common | SOLE |
| G0450A105 | ACGL | ARCH CAP GROUP LTD | $6.0M | 1.71% | 65,945 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $5.9M | 1.68% | 263,260 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $5.9M | 1.67% | 18,843 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $5.8M | 1.64% | 14,210 | Common | SOLE |
| 489398107 | KW | KENNEDY-WILSON HOLDINGS INC | $5.4M | 1.55% | 799,519 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $5.3M | 1.50% | 19,177 | Common | SOLE |
| 854502101 | SWK | STANLEY BLACK & DECKER INC | $5.2M | 1.47% | 76,462 | Common | SOLE |
| 125523100 | CI | THE CIGNA GROUP | $5.1M | 1.45% | 15,409 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $5.0M | 1.41% | 6,731 | Common | SOLE |
| 452327109 | ILMN | ILLUMINA INC | $4.7M | 1.33% | 49,065 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $4.5M | 1.27% | 22,593 | Common | SOLE |
| 92343E102 | VRSN | VERISIGN INC | $4.4M | 1.24% | 15,109 | Common | SOLE |
| 98138H101 | WDAY | WORKDAY INC | $4.1M | 1.17% | 17,214 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $3.9M | 1.11% | 43,638 | Common | SOLE |
| G8060N102 | ST | SENSATA TECHNOLOGIES HLDG PL | $3.7M | 1.06% | 124,074 | Common | SOLE |
| 199333105 | CMCO | COLUMBUS MCKINNON CORP N Y | $3.7M | 1.05% | 242,574 | Common | SOLE |
| 368736104 | GNRC | GENERAC HLDGS INC | $3.2M | 0.92% | 22,684 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $3.2M | 0.91% | 67,738 | Common | SOLE |
| 615369105 | MCO | MOODYS CORP | $3.1M | 0.87% | 6,113 | Common | SOLE |
| 047649108 | ATKR | ATKORE INC | $3.0M | 0.85% | 42,196 | Common | SOLE |
| G3223R108 | EG | EVEREST GROUP LTD | $2.0M | 0.56% | 5,780 | Common | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MANAGMT LTD | $1.6M | 0.46% | 29,169 | Common | SOLE |
| 127097103 | CTRA | COTERRA ENERGY INC | $1.3M | 0.36% | 50,426 | Common | SOLE |
| 44952J104 | CRGY | CRESCENT ENERGY COMPANY | $1.1M | 0.32% | 129,182 | Common | SOLE |
| 665531307 | NOG | NORTHERN OIL & GAS INC | $1.1M | 0.30% | 37,837 | Common | SOLE |
| 11040G103 | VTOL | BRISTOW GROUP INC | $1.0M | 0.29% | 30,639 | Common | SOLE |
| 25179M103 | DVN | DEVON ENERGY CORP NEW | $1.0M | 0.29% | 31,727 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $939,564 | 0.27% | 1,672 | Common | SOLE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $900,957 | 0.26% | 4,402 | Common | SOLE |
| 002474104 | AZZ | AZZ INC | $886,798 | 0.25% | 9,386 | Common | SOLE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $882,673 | 0.25% | 4,857 | Common | SOLE |
| 922908769 | VTI | VANGUARD INDEX FDS | $787,165 | 0.22% | 2,590 | Common | SOLE |
| 69047Q102 | OVV | OVINTIV INC | $756,738 | 0.22% | 19,888 | Common | SOLE |
| 83418M103 | SEI | SOLARIS ENERGY INFRAS INC | $755,685 | 0.21% | 26,712 | Common | SOLE |
| 296006109 | ERO | ERO COPPER CORP | $733,110 | 0.21% | 43,508 | Common | SOLE |
| 92189F791 | GDXJ | VANECK ETF TRUST | $699,759 | 0.20% | 10,353 | Common | SOLE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $698,143 | 0.20% | 12,246 | Common | SOLE |
| 92189F643 | MOAT | VANECK ETF TRUST | $656,162 | 0.19% | 6,996 | Common | SOLE |
| 81369Y506 | XLE | SELECT SECTOR SPDR TR | $619,521 | 0.18% | 7,305 | Common | SOLE |
| 516806205 | 8LP1 | VITAL ENERGY INC | $605,290 | 0.17% | 37,619 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $576,454 | 0.16% | 4,847 | Common | SOLE |
| 808524755 | FNDF | SCHWAB STRATEGIC TR | $569,325 | 0.16% | 14,226 | Common | SOLE |
| 896215209 | TRS | TRIMAS CORP | $559,783 | 0.16% | 19,566 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $535,084 | 0.15% | 942 | Common | SOLE |
| 882508104 | TXN | TEXAS INSTRS INC | $515,520 | 0.15% | 2,483 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $515,198 | 0.15% | 3,598 | Common | SOLE |
| 78468R556 | XOP | SPDR SERIES TRUST | $475,469 | 0.14% | 3,780 | Common | SOLE |
| 85207K107 | PSLV | SPROTT PHYSICAL SILVER TR | $462,905 | 0.13% | 37,819 | Common | SOLE |
| 921946406 | VYM | VANGUARD WHITEHALL FDS | $440,190 | 0.13% | 3,302 | Common | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC NEW | $346,188 | 0.10% | 9,244 | Common | SOLE |
| 00206R102 | T | AT&T INC | $345,688 | 0.10% | 11,945 | Common | SOLE |
| 921946794 | VYMI | VANGUARD WHITEHALL FDS | $331,175 | 0.09% | 4,134 | Common | SOLE |
| 07317Q105 | BTE | BAYTEX ENERGY CORP | $321,208 | 0.09% | 179,446 | Common | SOLE |
| 03674X106 | AR | ANTERO RESOURCES CORP | $318,011 | 0.09% | 7,895 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $316,360 | 0.09% | 1,442 | Common | SOLE |
| 78468R853 | SPSM | SPDR SERIES TRUST | $309,702 | 0.09% | 7,270 | Common | SOLE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $272,888 | 0.08% | 8,800 | Common | SOLE |
| 29273V100 | ET | ENERGY TRANSFER L P | $268,270 | 0.08% | 14,797 | Common | SOLE |
| 75281A109 | RRC | RANGE RES CORP | $263,948 | 0.08% | 6,490 | Common | SOLE |
| 37954Y871 | URA | GLOBAL X FDS | $248,670 | 0.07% | 6,407 | Common | SOLE |
| 87484T108 | TALO | TALOS ENERGY INC | $226,704 | 0.06% | 26,734 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $220,500 | 0.06% | 7,500 | Common | SOLE |
| 55336V100 | MPLX | MPLX LP | $205,525 | 0.06% | 3,990 | Common | SOLE |
| 422704106 | HL | HECLA MNG CO | $101,830 | 0.03% | 17,000 | Common | SOLE |
| 92189F106 | GDX | VANECK ETF TRUST | $82,775 | 0.02% | 1,590 | Common | SOLE |
| 808524730 | FNDE | SCHWAB STRATEGIC TR | $77,772 | 0.02% | 2,356 | Common | SOLE |
| 922908611 | VBR | VANGUARD INDEX FDS | $72,154 | 0.02% | 370 | Common | SOLE |
| H8817H100 | RIG | TRANSOCEAN LTD | $70,992 | 0.02% | 27,410 | Common | SOLE |
| 922908637 | VV | VANGUARD INDEX FDS | $64,192 | 0.02% | 225 | Common | SOLE |
| 808524797 | SCHD | SCHWAB STRATEGIC TR | $50,456 | 0.01% | 1,904 | Common | SOLE |
| 92189F411 | BIZD | VANECK ETF TRUST | $48,840 | 0.01% | 3,000 | Common | SOLE |
| 76680V108 | REI | RING ENERGY INC | $28,871 | 0.01% | 36,361 | Common | SOLE |
| 29259W700 | EU | ENCORE ENERGY CORP | $28,600 | 0.01% | 10,000 | Common | SOLE |
| 92189F601 | NLR | VANECK ETF TRUST | $24,015 | 0.01% | 216 | Common | SOLE |
| 922908744 | VTV | VANGUARD INDEX FDS | $21,916 | 0.01% | 124 | Common | SOLE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $19,771 | 0.01% | 222 | Common | SOLE |
| 922908736 | VUG | VANGUARD INDEX FDS | $18,851 | 0.01% | 43 | Common | SOLE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $11,440 | 0.00% | 218 | Common | SOLE |
| 46137V605 | DJD | INVESCO EXCHANGE TRADED FD T | $7,978 | 0.00% | 150 | Common | SOLE |
| 92189F452 | MORT | VANECK ETF TRUST | $6,178 | 0.00% | 585 | Common | SOLE |
| 37954Y699 | EFAS | GLOBAL X FDS | $5,915 | 0.00% | 325 | Common | SOLE |
| 78468R549 | XES | SPDR SERIES TRUST | $4,504 | 0.00% | 71 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $4,053 | 0.00% | 23 | Common | SOLE |
| 37954Y848 | SIL | GLOBAL X FDS | $2,407 | 0.00% | 50 | Common | SOLE |
| 922908751 | VB | VANGUARD INDEX FDS | $1,659 | 0.00% | 7 | Common | SOLE |
| 922908629 | VO | VANGUARD INDEX FDS | $560 | 0.00% | 2 | Common | SOLE |
| 808524201 | SCHX | SCHWAB STRATEGIC TR | $538 | 0.00% | 22 | Common | SOLE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $506 | 0.00% | 2 | Common | SOLE |
| 922908512 | VOE | VANGUARD INDEX FDS | $164 | 0.00% | 1 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.