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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, Q1 2025

Institutional positions in Mesabi Trust as of Mar 31, 2025. 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
64
+3 vs. Q4 2024
Shares held
5.77M
−301.5K (−5.0%) vs. Q4 2024
Total value
$156.9M
−$13.8M (−8.1%) vs. Q4 2024
New holders
11
30 more added
Sold out
8
9 more reduced

Compare with Q4 2024: 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 holdersQ1 2025: 64 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: 82 institutionsQ1 2026: 73 institutionsQ2 2026: 62 institutions
Value heldQ1 2025: $156.9M
Q1 2021: $105.3MQ2 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: $111.6MQ1 2024: $94.2MQ2 2024: $94.2MQ3 2024: $126.3MQ4 2024: $170.7MQ1 2025: $156.9MQ2 2025: $143.7MQ3 2025: $179.3MQ4 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 202582$246.3M
Q3 202571$179.3M
Q2 202564$143.7M
Q1 202564$156.9M
Q4 202461$170.7M
Q3 202447$126.3M
Q2 202447$94.2M
Q1 202450$94.2M
Q4 202351$111.6M
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$105.3M

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Mesabi Trust; share changes are against Q4 2024.

Institutions holding MSB in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Horizon Kinetics Asset Management LLC2,901,695$78.9M0.90%+58,685+2.1%Added
Valueworks LLC694,155$18.9M7.12%−84,346−10.8%Reduced
Beddow Capital Management Inc403,075$11.0M4.10%−28,281−6.6%Reduced
Mad River Investors296,457$8.06M3.42%+1,556+0.5%Added
Moors & Cabot, Inc.208,513$5.67M0.29%−325,429−60.9%Reduced
Bank of America Corp180,109$4.90M0.00%−67,816−27.4%Reduced
EagleClaw Capital Managment, LLC165,225$4.49M0.71%+19,500+13.4%Added
Morgan Stanley89,258$2.43M0.00%−19,391−17.8%Reduced
Lido Advisors, LLC79,779$2.17M0.01%00.0%Unchanged
Bank of New York Mellon Corp77,213$2.10M0.00%+1,127+1.5%Added
Advisory Services Network, LLC40,188$1.09M0.02%+40,188New
UBS Group AG37,711$1.03M0.00%+12,598+50.2%Added
JPMorgan Chase & Co37,058$1.01M0.00%+460+1.3%Added
Two Sigma Investments, LP36,589$995.2K0.00%+9,606+35.6%Added
Ofi Invest Asset Management37,000$931.7K0.02%+600+1.6%Added
NBC Securities, Inc.34,062$926.0K0.08%+34,032+113,440.0%Added
Two Sigma Advisers, LP34,000$924.8K0.00%+1,100+3.3%Added
Pecaut & Co.33,809$912.2K0.31%+966+2.9%Added
Commonwealth Equity Services, LLC30,532$830.0K0.00%+16,006+110.2%Added
Royal Bank of Canada26,662$725.0K0.00%+3,303+14.1%Added
Steward Partners Investment Advisory, LLC26,297$715.3K0.01%+931+3.7%Added
HighTower Advisors, LLC24,421$664.2K0.00%+4,034+19.8%Added
Westmount Partners, LLC20,856$562.7K0.17%00.0%Unchanged
Arrowstreet Capital, Limited Partnership19,212$522.6K0.00%+19,212New
Advisor Group Holdings, Inc.18,479$502.7K0.00%−539−2.8%Reduced
O'Shaughnessy Asset Management, LLC18,338$498.8K0.00%+18,338New
One Charles Private Wealth Services, LLC18,263$496.8K0.16%+158+0.9%Added
Wells Fargo & Company17,195$467.7K0.00%+3,234+23.2%Added
Apollon Wealth Management, LLC16,015$435.6K0.01%+831+5.5%Added
LPL Financial LLC15,674$426.3K0.00%+2,932+23.0%Added
Essex Financial Services, Inc.14,261$387.9K0.03%+2,055+16.8%Added
Raymond James Financial Inc13,874$377.4K0.00%−6,053−30.4%Reduced
Russell Investments Group, Ltd.13,128$357.1K0.00%+13,128New
Acorn Wealth Advisors, LLC11,000$299.2K0.12%00.0%Unchanged
Gsa Capital Partners LLP10,902$297.0K0.03%+10,902New
Janney Montgomery Scott LLC9,995$272.0K0.00%+15+0.2%Added
Exchange Traded Concepts, LLC9,218$250.7K0.00%+9,218New
Atlas Wealth Partners, LLC8,057$217.0K0.27%+830+11.5%Added
Heron Bay Capital Management7,737$208.7K0.04%+422+5.8%Added
Ameriprise Financial Inc7,575$206.0K0.00%+279+3.8%Added
Bank of Montreal7,400$201.3K0.00%00.0%Unchanged
MAI Capital Management4,393$119.5K0.00%+561+14.6%Added
Aster Capital Management (DIFC) Ltd2,010$55.8K0.01%+2,010New
Manchester Capital Management LLC1,811$49.3K0.01%00.0%Unchanged
Acadian Asset Management LLC1,648$44.0K0.00%+1,648New
Medallion Wealth Advisors, LLC1,240$33.8K0.02%00.0%Unchanged
GWM Advisors LLC1,025$27.9K0.00%+141+16.0%Added
Mark Sheptoff Financial Planning, LLC1,000$27.2K0.01%00.0%Unchanged
Quent Capital, LLC940$25.6K0.00%−4,609−83.1%Reduced
Farther Finance Advisors, LLC840$22.9K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)757$20.6K0.00%+16+2.2%Added
CWM, LLC654$18.0K0.00%+104+18.9%Added
Simplex Trading, LLC644$17.0K0.00%+644New
Bessemer Group Inc600$16.0K0.00%00.0%Unchanged
Golden State Wealth Management, LLC500$13.6K0.00%00.0%Unchanged
Creekmur Asset Management LLC453$12.2K0.00%+72+18.9%Added
Kiker Wealth Management, LLC395$10.7K0.01%+395New
EverSource Wealth Advisors, LLC345$9.31K0.00%00.0%Unchanged
Uniplan Investment Counsel, Inc.268$7.29K0.00%+268New
Bernard Wealth Management Corp.239$6.44K0.00%+38+18.9%Added
Aventura Private Wealth, LLC128$3.48K0.00%00.0%Unchanged
Financial Perspectives, Inc100$2.72K0.00%00.0%Unchanged
GAMMA Investing LLC8$2180.00%−24−75.0%Reduced
Huntington National Bank1$270.00%00.0%Unchanged
Citadel Advisors LLC0$00.00%−17,433−100.0%Sold out
Marshall Wace, LLP0$00.00%−15,071−100.0%Sold out
Vivaldi Capital Management, LLC0$00.00%−8,164−100.0%Sold out
Kingsview Wealth Management, LLC0$00.00%−8,292−100.0%Sold out
Wealth Enhancement Advisory Services, LLC0$00.00%−8,095−100.0%Sold out
Coppell Advisory Solutions LLC0$00.00%−112−100.0%Sold out
Barclays PLC0$00.00%−6−100.0%Sold out
FMR LLC0$00.00%−1−100.0%Sold out