Latest VAN DEN BERG MANAGEMENT I, INC Stock Portfolio

VAN DEN BERG MANAGEMENT I, INC Performance:

2025 Q3: 4.39%YTD: 3.71%2024: 9.06%

Performance for 2025 Q3 is 4.39%, and YTD is 3.71%, and 2024 is 9.06%.

About VAN DEN BERG MANAGEMENT I, INC and 13F Hedge Fund Stock Holdings

VAN DEN BERG MANAGEMENT I, INC is a hedge fund based in AUSTIN, TX. On 15-Sep-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $461.4 Millions. In it's latest 13F Holdings report, VAN DEN BERG MANAGEMENT I, INC reported an equity portfolio of $399.2 Millions as of 30 Sep, 2025.

The top stock holdings of VAN DEN BERG MANAGEMENT I, INC are PHYS, , XOM. The fund has invested 6.4% of it's portfolio in SPROTT ASSET MANAGEMENT LP and 4.5% of portfolio in SEABRIDGE GOLD INC.

The fund managers got completely rid off ATKORE INC (ATKR), TRIMAS CORP (TRS) and TEXAS INSTRS INC (TXN) stocks. They significantly reduced their stock positions in SOLARIS ENERGY INFRAS INC (SOI), VANGUARD INDEX FDS (VB) and AZZ INC (AZZ). VAN DEN BERG MANAGEMENT I, INC opened new stock positions in TIMKEN CO (TKR), FEDEX CORP (FDX) and MARKETAXESS HLDGS INC (MKTX). The fund showed a lot of confidence in some stocks as they added substantially to GLOBAL X FDS (AGNG), BRISTOW GROUP INC (VTOL) and THE CIGNA GROUP (CI).

VAN DEN BERG MANAGEMENT I, INC Annual Return Estimates Vs S&P 500

Our best estimate is that VAN DEN BERG MANAGEMENT I, INC made a return of 4.39% in the last quarter. In trailing 12 months, it's portfolio return was 2.16%.

New Buys

Ticker	$ Bought
timken co	3,133,130
fedex corp	2,905,420
marketaxess hldgs inc	2,442,460
united parcel service inc	1,983,000
sprott asset management lp	224,763
spdr dow jones indl average	205,901
dmc global inc	86,266

New stocks bought by VAN DEN BERG MANAGEMENT I, INC

Additions

Ticker	% Inc.
global x fds	250
bristow group inc	90.41
the cigna group	73.16
danaher corporation	59.72
elevance health inc formerly	54.16
ring energy inc	39.94
unitedhealth group inc	37.13
columbus mckinnon corp n y	33.9

Additions to existing portfolio by VAN DEN BERG MANAGEMENT I, INC

Reductions

Ticker	% Reduced
solaris energy infras inc	-40.81
vanguard index fds	-30.67
azz inc	-29.59
vanguard index fds	-28.57
spdr series trust	-12.68
coherent corp	-9.81
vanguard index fds	-9.3
vanguard index fds	-8.87

VAN DEN BERG MANAGEMENT I, INC reduced stake in above stock

Sold off

Ticker	$ Sold
atkore inc	-2,976,930
trimas corp	-559,783
energy transfer l p	-268,270
enterprise prods partners l	-272,888
kinder morgan inc del	-220,500
mplx lp	-205,525
vaneck etf trust	-48,840
texas instrs inc	-515,520

VAN DEN BERG MANAGEMENT I, INC got rid off the above stocks

Sector Distribution

VAN DEN BERG MANAGEMENT I, INC has about 23.9% of it's holdings in Others sector.

Sector	%
Others	23.9
Technology	21.6
Energy	19
Healthcare	11.2
Communication Services	10.7
Industrials	5.8
Financial Services	5.5
Real Estate	2

Market Cap. Distribution

VAN DEN BERG MANAGEMENT I, INC has about 55.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	39.2
UNALLOCATED	23.8
MEGA-CAP	16.7
MID-CAP	15.8
SMALL-CAP	4.3

Stocks belong to which Index?

About 63.8% of the stocks held by VAN DEN BERG MANAGEMENT I, INC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	51.7
Others	36.2
RUSSELL 2000	12.1

Top 5 Winners (%)		%
HL	hecla mng co	102.0 %
INTC	intel corp	47.5 %
SOI	solaris energy infras inc	41.3 %
LUMN	lumen technologies inc	39.7 %
GOOG	alphabet inc	38.0 %

Top 5 Winners ($)		$
GOOG	alphabet inc	4.4 M
LUMN	lumen technologies inc	4.2 M
INTC	intel corp	2.9 M
COHR	coherent corp	2.8 M
DELL	dell technologies inc	1.5 M

Top 5 Losers (%)		%
CRK	comstock res inc	-28.0 %
AR	antero resources corp	-16.7 %
NOG	northern oil & gas inc	-12.5 %
ELV	elevance health inc formerly	-11.7 %
CI	the cigna group	-7.8 %

Top 5 Losers ($)		$
CRK	comstock res inc	-3.1 M
ELV	elevance health inc formerly	-1.2 M
EQT	eqt corp	-0.9 M
CI	the cigna group	-0.7 M
DIS	disney walt co	-0.7 M

VAN DEN BERG MANAGEMENT I, INC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of VAN DEN BERG MANAGEMENT I, INC

VAN DEN BERG MANAGEMENT I, INC has 106 stocks in it's portfolio. About 39.5% of the portfolio is in top 10 stocks. CRK proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for VAN DEN BERG MANAGEMENT I, INC last quarter.

Last Reported on: 14 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ACGL	arch cap group ltd	1.78	78,487	7,121,130	added	19.02

AFK	vaneck etf trust	0.26	10,353	1,025,260	unchanged	0.00

AFK	vaneck etf trust	0.17	6,836	677,523	reduced	-2.29

AFK	vaneck etf trust	0.03	1,590	121,476	unchanged	0.00

AFK	vaneck etf trust	0.01	216	29,300	unchanged	0.00

AFK	vaneck etf trust	0.00	585	6,300	unchanged	0.00

AFK	vaneck etf trust	0.00	0.00	0.00	sold off	-100

AGNG	global x fds	0.07	6,213	296,191	reduced	-3.03

AGNG	global x fds	0.00	175	12,535	added	250

AGNG	global x fds	0.00	325	6,141	unchanged	0.00

AMZN	amazon com inc	0.08	1,453	319,035	added	0.76

AR	antero resources corp	0.07	7,895	264,956	unchanged	0.00

ATKR	atkore inc	0.00	0.00	0.00	sold off	-100

AZZ	azz inc	0.18	6,609	721,250	reduced	-29.59

BAC	bank america corp	0.87	67,417	3,478,020	reduced	-0.47

BIL	spdr series trust	0.12	3,782	499,929	added	0.05

BIL	spdr series trust	0.08	7,120	329,798	reduced	-2.06

BIL	spdr series trust	0.00	62.00	4,486	reduced	-12.68

BOOM	dmc global inc	0.02	10,209	86,266	new

CEF	sprott asset management lp	0.06	6,126	224,763	new