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Mesabi Trust

MSB
Exchange
NYSE
Industry
Mineral Royalty Traders
SEC CIK
0000065172

No open-market purchases or sales by Mesabi Trust insiders were filed in the last 90 days; 62 institutions reported holding it in 13F filings for Q2 2026, worth $167.0M in total; no superinvestor holds it.

13F holders, Q2 2026

Institutional positions in Mesabi Trust as of Jun 30, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
62
−8 vs. Q1 2026
Shares held
6.60M
−25.0K (−0.4%) vs. Q1 2026
Total value
$167.0M
−$41.8M (−20.0%) vs. Q1 2026
New holders
6
21 more added
Sold out
14
16 more reduced

3 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MSB on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2026: 62 institutions
Q1 2021: 57 institutionsQ2 2021: 64 institutionsQ3 2021: 59 institutionsQ4 2021: 54 institutionsQ1 2022: 57 institutionsQ2 2022: 56 institutionsQ3 2022: 54 institutionsQ4 2022: 52 institutionsQ1 2023: 42 institutionsQ2 2023: 45 institutionsQ3 2023: 46 institutionsQ4 2023: 51 institutionsQ1 2024: 50 institutionsQ2 2024: 47 institutionsQ3 2024: 47 institutionsQ4 2024: 61 institutionsQ1 2025: 64 institutionsQ2 2025: 64 institutionsQ3 2025: 71 institutionsQ4 2025: 83 institutionsQ1 2026: 73 institutionsQ2 2026: 62 institutions
Value heldQ2 2026: $167.0M
Q1 2021: $105.5MQ2 2021: $135.0MQ3 2021: $115.6MQ4 2021: $115.0MQ1 2022: $119.1MQ2 2022: $112.2MQ3 2022: $98.1MQ4 2022: $88.6MQ1 2023: $130.4MQ2 2023: $107.0MQ3 2023: $109.4MQ4 2023: $116.2MQ1 2024: $99.0MQ2 2024: $95.0MQ3 2024: $127.1MQ4 2024: $170.7MQ1 2025: $156.9MQ2 2025: $144.3MQ3 2025: $180.4MQ4 2025: $246.3MQ1 2026: $210.2MQ2 2026: $167.0M
Institutions holding MSB and their total value by quarter
QuarterHoldersValue
Q2 202662$167.0M
Q1 202673$210.2M
Q4 202583$246.3M
Q3 202571$180.4M
Q2 202564$144.3M
Q1 202564$156.9M
Q4 202461$170.7M
Q3 202447$127.1M
Q2 202447$95.0M
Q1 202450$99.0M
Q4 202351$116.2M
Q3 202346$109.4M
Q2 202345$107.0M
Q1 202342$130.4M
Q4 202252$88.6M
Q3 202254$98.1M
Q2 202256$112.2M
Q1 202257$119.1M
Q4 202154$115.0M
Q3 202159$115.6M
Q2 202164$135.0M
Q1 202157$105.5M

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Mesabi Trust; share changes are against Q1 2026.

Institutions holding MSB in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Horizon Kinetics Asset Management LLC3,219,382$81.5M0.92%+78,410+2.5%Added
Valueworks LLC669,733$16.9M3.54%+23,151+3.6%Added
CWA Asset Management Group, LLC518,974$13.1M0.40%+71,489+16.0%Added
First Manhattan Co396,373$10.0M0.03%+86,313+27.8%Added
Mad River Investors323,735$8.19M3.06%+2,189+0.7%Added
Advisory Services Network, LLC185,669$4.70M0.05%+1,040+0.6%Added
Moors & Cabot, Inc.178,289$4.51M0.18%−2,656−1.5%Reduced
EagleClaw Capital Managment, LLC170,575$4.32M0.58%+800+0.5%Added
Morgan Stanley113,293$2.87M0.00%−752−0.7%Reduced
Bank of New York Mellon Corp101,464$2.57M0.00%+1,266+1.3%Added
SEI Investments Co83,883$2.12M0.00%−83,883−50.0%Reduced
Lido Advisors, LLC79,982$2.02M0.01%+10.0%Added
Geode Capital Management, LLC59,649$1.51M0.00%+2,139+3.7%Added
Royal Bank of Canada54,825$1.39M0.00%+3,709+7.3%Added
Bank of America Corp44,658$1.13M0.00%−133,223−74.9%Reduced
JPMorgan Chase & Co36,572$873.3K0.00%+268+0.7%Added
Pecaut & Co.33,963$859.3K0.26%00.0%Unchanged
NBC Securities, Inc.30,742$777.8K0.05%00.0%Unchanged
HighTower Advisors, LLC25,616$648.1K0.00%−900−3.4%Reduced
Steward Partners Investment Advisory, LLC24,638$623.3K0.00%+378+1.6%Added
Commonwealth Equity Services, LLC18,071$457.2K0.00%−940−4.9%Reduced
Wells Fargo & Company17,658$446.7K0.00%−334−1.9%Reduced
Russell Investments Group, Ltd.17,077$432.0K0.00%00.0%Unchanged
Westmount Partners, LLC16,856$426.5K0.09%00.0%Unchanged
One Charles Private Wealth Services, LLC16,230$410.6K0.09%−1,033−6.0%Reduced
PKS Advisory Services, LLC15,975$404.2K0.06%+15,975New
LPL Financial LLC15,683$396.8K0.00%−2,979−16.0%Reduced
Janney Montgomery Scott LLC15,070$381.0K0.00%−2,030−11.9%Reduced
UBS Group AG14,893$376.8K0.00%−5,411−26.6%Reduced
Two Sigma Investments, LP14,520$367.4K0.00%+14,520New
Essex Financial Services, Inc.14,031$355.0K0.02%+118+0.8%Added
XTX Topco Ltd12,692$321.1K0.00%+12,692New
Acorn Wealth Advisors, LLC11,000$278.3K0.07%00.0%Unchanged
Inspire Advisors, LLC10,703$270.8K0.02%+3,275+44.1%Added
Steinberganna Wealth Management10,465$264.8K0.11%+570+5.8%Added
Raymond James Financial Inc9,304$235.4K0.00%−3,288−26.1%Reduced
Quent Capital, LLC3,041$73.1K0.00%00.0%Unchanged
BNP Paribas Arbitrage, SA2,500$63.3K0.00%+2,500New
Advisor Group Holdings, Inc.1,942$49.2K0.00%−2,945−60.3%Reduced
GWM Advisors LLC1,643$41.6K0.00%+5+0.3%Added
Farther Finance Advisors, LLC1,506$38.1K0.00%+8+0.5%Added
Medallion Wealth Advisors, LLC1,240$31.4K0.01%00.0%Unchanged
Citigroup Inc1,084$27.4K0.00%+255+30.8%Added
Mark Sheptoff Financial Planning, LLC1,000$25.3K0.01%00.0%Unchanged
United Financial Planning Group LLC1,000$25.3K0.01%+1,000New
Fifth Third Bancorp550$13.9K0.00%00.0%Unchanged
Cullen/Frost Bankers, Inc.500$12.7K0.00%00.0%Unchanged
Golden State Wealth Management, LLC500$12.7K0.00%00.0%Unchanged
Allworth Financial LP500$12.7K0.00%00.0%Unchanged
Beacon Investment Advisory Services, Inc.300$7.59K0.00%00.0%Unchanged
Godfrey Financial Associates, Inc.300$7.59K0.01%00.0%Unchanged
Tower Research Capital LLC (TRC)278$7.03K0.00%+76+37.6%Added
Bernard Wealth Management Corp.251$6.35K0.00%+2+0.8%Added
CoreCap Advisors, LLC200$5.06K0.00%00.0%Unchanged
Simplex Trading, LLC162$4.10K0.00%−2,321−93.5%Reduced
Aventura Private Wealth, LLC128$3.24K0.00%00.0%Unchanged
Financial Perspectives, Inc100$2.53K0.00%00.0%Unchanged
FMR LLC27$6830.00%−10−27.0%Reduced
GAMMA Investing LLC26$6580.00%−14−35.0%Reduced
Assetmark, Inc18$4550.00%00.0%Unchanged
Barclays PLC6$1520.00%+6New
Huntington National Bank1$250.00%00.0%Unchanged
Redhawk Wealth Advisors, Inc.0$00.00%−34,141−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−15,734−100.0%Sold out
Verdad Advisers, LP0$00.00%−10,303−100.0%Sold out
O'Shaughnessy Asset Management, LLC0$00.00%−8,618−100.0%Sold out
Ameriprise Financial Inc0$00.00%−7,844−100.0%Sold out
Atlas Wealth Partners, LLC0$00.00%−7,470−100.0%Sold out
Bank of Montreal0$00.00%−7,401−100.0%Sold out
Bourgeon Capital Management LLC0$00.00%−6,999−100.0%Sold out
MAI Capital Management0$00.00%−4,540−100.0%Sold out
Colonial Trust Advisors0$00.00%−750−100.0%Sold out
US Bancorp0$00.00%−400−100.0%Sold out
Group One Trading, L.P.0$00.00%−145−100.0%Sold out
WealthCollab, LLC0$00.00%−96−100.0%Sold out
GHP Investment Advisors, Inc.0$00.00%−40−100.0%Sold out
MSRH, LLC––––Not filed
CWM, LLC––––Not filed
Anfield Capital Management, LLC––––Not filed