ValueWorks
Charles LemonidesNEW YORK, NYfiles as VALUEWORKS LLC
$479m in 38 US stocks at the end of 30 June 2026. The top 10 are 52.6% of the money. It changed about 27.2% of the portfolio this quarter.
Value
$479m
Stocks
38
Top 10 share
52.6%
Turnover
27.2%
What changed this quarter
New
Bought for the first time this quarter.
- Office Properties Income TrustOPI4.1% of the fund
- SL Green RealtySLG2.1% of the fund
- LyftLYFT2.1% of the fund
- WolfspeedWOLF1.5% of the fund
- Honeywell InternationalHON1.2% of the fund
- Honeywell AerospaceHONA1.2% of the fund
- Hornbeck Offshore ServicesHOS0.9% of the fund
- Enhanced GroupENHA0.4% of the fund
- ZoomInfo TechnologiesGTM0.1% of the fund
Added
Bought more of a stock they already held.
- Joby AviationJOBY4.8% of the fund+9%
- MaplebearCART4.6% of the fund+88%
- Maui Land & PineappleMLP4.6% of the fund+3%
- Mesabi TrustMSB3.5% of the fund+4%
- BoeingBA3.0% of the fund+30%
- AmgenAMGN0.8% of the fund+2%
- ComcastCMCSA0.7% of the fund+2%
Cut
Sold some of their stake.
- Micron TechnologyMU6.2% of the fund-33%
- Hudson Pacific PropertiesHPP5.4% of the fund-8%
- TidewaterTDW4.1% of the fund-6%
- Chord EnergyCHRD3.7% of the fund-7%
- ValarisVAL3.0% of the fund-11%
- Clear SecureYOU1.1% of the fund-62%
- AppleAAPL0.8% of the fund-3%
- NobleNE0.8% of the fund-10%
- Cheniere EnergyLNG0.4% of the fund-5%
Sold out
Sold their entire stake.
- United Natural FoodsUNFI-100%
- CBL & Associates PropertiesCBL-100%
- CorningGLW-100%
- EQTEQT-100%
- Cheniere Energy Partners L PCQP-100%
- Mammoth Energy ServicesTUSK-100%
Holdings
- Cadeler A SCDLR
- Share
- 2.3%
- Value
- $11m
- Shares
- 503,514
Held
- Honeywell AerospaceHONA
- Share
- 1.2%
- Value
- $6m
- Shares
- 25,049
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| IntelINTC | 10.4% | $50m | 356,917 | Held |
| Micron TechnologyMU | 6.2% | $30m | 25,667 | -33% |
| Hudson Pacific PropertiesHPP | 5.4% | $26m | 1,689,699 | -8% |
| Joby AviationJOBY | 4.8% | $23m | 2,599,718 | +9% |
| MaplebearCART | 4.6% | $22m | 468,134 | +88% |
| Maui Land & PineappleMLP | 4.6% | $22m | 1,237,759 | +3% |
| Rivian AutomotiveRIVN | 4.5% | $22m | 1,245,583 | Held |
| TidewaterTDW | 4.1% | $20m | 297,114 | -6% |
| Office Properties Income TrustOPI | 4.1% | $20m | 1,162,310 | New |
| Jefferies Financial GroupJEF | 3.8% | $18m | 369,053 | Held |
| Chord EnergyCHRD | 3.7% | $18m | 155,693 | -7% |
| Mesabi TrustMSB | 3.5% | $17m | 669,733 | +4% |
| BoeingBA | 3.0% | $14m | 66,038 | +30% |
| ValarisVAL | 3.0% | $14m | 194,983 | -11% |
| Hyster-YaleHY | 2.9% | $14m | 397,633 | Held |
| Amazon.comAMZN | 2.7% | $13m | 54,672 | Held |
| MbiaMBI | 2.7% | $13m | 1,967,228 | Held |
| Cadeler A SCDLR | 2.3% | $11m | 503,514 | Held |
| QualcommQCOM | 2.3% | $11m | 59,341 | Held |
| SL Green RealtySLG | 2.1% | $10m | 195,000 | New |
| LyftLYFT | 2.1% | $10m | 673,275 | New |
| Versant Media GroupVSNT | 2.0% | $10m | 267,116 | Held |
| Star Bulk CarriersSBLK | 1.8% | $9m | 354,140 | Held |
| WolfspeedWOLF | 1.5% | $7m | 147,795 | New |
| Genworth FinancialGNW | 1.4% | $7m | 720,695 | Held |
| Honeywell InternationalHON | 1.2% | $6m | 25,058 | New |
| Honeywell AerospaceHONA | 1.2% | $6m | 25,049 | New |
| Clear SecureYOU | 1.1% | $5m | 93,207 | -62% |
| Crescent EnergyCRGY | 1.0% | $5m | 490,083 | Held |
| New York TimesNYT | 1.0% | $5m | 67,942 | Held |
| Hornbeck Offshore ServicesHOS | 0.9% | $4m | 478,465 | New |
| AppleAAPL | 0.8% | $4m | 13,842 | -3% |
| AmgenAMGN | 0.8% | $4m | 10,978 | +2% |
| NobleNE | 0.8% | $4m | 103,797 | -10% |
| ComcastCMCSA | 0.7% | $3m | 139,623 | +2% |
| Enhanced GroupENHA | 0.4% | $2m | 725,863 | New |
| Cheniere EnergyLNG | 0.4% | $2m | 7,212 | -5% |
| ZoomInfo TechnologiesGTM | 0.1% | $586,000 | 200,000 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 57.7% since 30 June 2025.
Where the money is
Technology24.5%
Industrials19.0%
Real estate16.2%
Financial services11.5%
Energy9.7%
Retail & consumer7.7%
Everyday goods4.6%
Media & telecom3.7%
Health care0.8%
Other2.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.