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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 2025

Institutional positions in Mesabi Trust as of Jun 30, 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
0 vs. Q1 2025
Shares held
5.96M
+187.8K (+3.3%) vs. Q1 2025
Total value
$143.7M
−$13.1M (−8.4%) vs. Q1 2025
New holders
11
20 more added
Sold out
11
18 more reduced

Compare with Q1 2025: 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 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: 83 institutionsQ1 2026: 73 institutionsQ2 2026: 62 institutions
Value heldQ2 2025: $144.3M
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 2025

Shares, value and share of portfolio for each institution holding Mesabi Trust; share changes are against Q1 2025.

Institutions holding MSB in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Horizon Kinetics Asset Management LLC2,960,590$70.9M0.84%+58,895+2.0%Added
Valueworks LLC685,846$16.4M5.41%−8,309−1.2%Reduced
Beddow Capital Management Inc375,095$8.99M3.56%−27,980−6.9%Reduced
Mad River Investors295,413$7.08M3.17%−1,044−0.4%Reduced
Advisory Services Network, LLC181,347$5.31M0.09%+141,159+351.2%Added
Moors & Cabot, Inc.194,203$4.65M0.22%−14,310−6.9%Reduced
Bank of America Corp177,768$4.26M0.00%−2,341−1.3%Reduced
EagleClaw Capital Managment, LLC165,625$3.97M0.59%+400+0.2%Added
Morgan Stanley125,771$3.01M0.00%+36,513+40.9%Added
Lido Advisors, LLC79,779$1.91M0.01%00.0%Unchanged
Bank of New York Mellon Corp77,062$1.85M0.00%−151−0.2%Reduced
O'Shaughnessy Asset Management, LLC46,662$1.12M0.01%+28,324+154.5%Added
JPMorgan Chase & Co37,220$891.8K0.00%+162+0.4%Added
Redhawk Wealth Advisors, Inc.34,132$817.8K0.10%+34,132New
Pecaut & Co.33,940$813.2K0.27%+131+0.4%Added
NBC Securities, Inc.33,942$813.0K0.07%−120−0.4%Reduced
Commonwealth Equity Services, LLC30,102$721.0K0.00%−430−1.4%Reduced
UBS Group AG29,806$714.2K0.00%−7,905−21.0%Reduced
Two Sigma Investments, LP28,824$690.6K0.00%−7,765−21.2%Reduced
Two Sigma Advisers, LP26,900$644.5K0.00%−7,100−20.9%Reduced
HighTower Advisors, LLC24,944$597.7K0.00%+523+2.1%Added
Steward Partners Investment Advisory, LLC24,242$580.8K0.00%−2,055−7.8%Reduced
Royal Bank of Canada24,052$576.0K0.00%−2,610−9.8%Reduced
Westmount Partners, LLC20,856$499.7K0.14%00.0%Unchanged
LPL Financial LLC19,680$471.5K0.00%+4,006+25.6%Added
Arrowstreet Capital, Limited Partnership19,212$460.3K0.00%00.0%Unchanged
One Charles Private Wealth Services, LLC18,263$437.6K0.12%00.0%Unchanged
Wells Fargo & Company18,244$437.1K0.00%+1,049+6.1%Added
Russell Investments Group, Ltd.17,042$408.3K0.00%+3,914+29.8%Added
State of Wyoming16,985$407.0K0.05%+16,985New
Essex Financial Services, Inc.14,600$349.8K0.02%+339+2.4%Added
Ritholtz Wealth Management13,737$329.1K0.01%+13,737New
Raymond James Financial Inc12,963$310.6K0.00%−911−6.6%Reduced
Citadel Advisors LLC12,077$289.4K0.00%+12,077New
Apollon Wealth Management, LLC11,179$267.8K0.01%−4,836−30.2%Reduced
Geode Capital Management, LLC11,042$264.6K0.00%+11,042New
Acorn Wealth Advisors, LLC11,000$263.6K0.10%00.0%Unchanged
Exchange Traded Concepts, LLC10,330$247.5K0.00%+1,112+12.1%Added
Janney Montgomery Scott LLC9,997$240.0K0.00%+20.0%Added
Wealth Enhancement Advisory Services, LLC8,109$202.7K0.00%+8,109New
MAI Capital Management4,465$107.0K0.00%+72+1.6%Added
Advisor Group Holdings, Inc.3,523$84.4K0.00%−14,956−80.9%Reduced
Manchester Capital Management LLC1,811$43.4K0.01%00.0%Unchanged
GWM Advisors LLC1,612$38.6K0.00%+587+57.3%Added
Medallion Wealth Advisors, LLC1,240$29.6K0.01%00.0%Unchanged
Mark Sheptoff Financial Planning, LLC1,000$24.0K0.01%00.0%Unchanged
Chung Wu Investment Group, LLC1,000$24.0K0.02%+1,000New
Farther Finance Advisors, LLC858$20.6K0.00%+18+2.1%Added
Tower Research Capital LLC (TRC)772$18.5K0.00%+15+2.0%Added
CWM, LLC668$16.0K0.00%+14+2.1%Added
Bessemer Group Inc600$14.0K0.00%00.0%Unchanged
Golden State Wealth Management, LLC500$12.0K0.00%00.0%Unchanged
Allworth Financial LP500$12.0K0.00%+500New
Kiker Wealth Management, LLC395$9.46K0.01%00.0%Unchanged
EverSource Wealth Advisors, LLC345$8.27K0.00%00.0%Unchanged
Ameritas Advisory Services, LLC282$6.76K0.00%+282New
Bernard Wealth Management Corp.244$5.84K0.00%+5+2.1%Added
Aventura Private Wealth, LLC128$3.07K0.00%00.0%Unchanged
FMR LLC105$2.52K0.00%+105New
Financial Perspectives, Inc100$2.40K0.00%00.0%Unchanged
Assetmark, Inc18$4310.00%+18New
Huntington National Bank1$240.00%00.0%Unchanged
Creekmur Asset Management LLC1$160.00%−452−99.8%Reduced
Simplex Trading, LLC23$00.00%−621−96.4%Reduced
Ofi Invest Asset Management0$00.00%−37,000−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−10,902−100.0%Sold out
Atlas Wealth Partners, LLC0$00.00%−8,057−100.0%Sold out
Heron Bay Capital Management0$00.00%−7,737−100.0%Sold out
Ameriprise Financial Inc0$00.00%−7,575−100.0%Sold out
Bank of Montreal0$00.00%−7,400−100.0%Sold out
Aster Capital Management (DIFC) Ltd0$00.00%−2,010−100.0%Sold out
Acadian Asset Management LLC0$00.00%−1,648−100.0%Sold out
Quent Capital, LLC0$00.00%−940−100.0%Sold out
Uniplan Investment Counsel, Inc.0$00.00%−268−100.0%Sold out
GAMMA Investing LLC0$00.00%−8−100.0%Sold out