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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, Q3 2025

Institutional positions in Mesabi Trust as of Sep 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
71
+7 vs. Q2 2025
Shares held
6.13M
+168.8K (+2.8%) vs. Q2 2025
Total value
$179.3M
+$35.6M (+24.7%) vs. Q2 2025
New holders
15
26 more added
Sold out
8
14 more reduced

Compare with Q2 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 holdersQ3 2025: 71 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 heldQ3 2025: $179.3M
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, Q3 2025

Shares, value and share of portfolio for each institution holding Mesabi Trust; share changes are against Q2 2025.

Institutions holding MSB in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Huntington National Bank1$290.00%00.0%Unchanged
Assetmark, Inc18$5270.00%00.0%Unchanged
GAMMA Investing LLC30$8780.00%+30New
Group One Trading, L.P.41$1.20K0.00%+41New
FMR LLC74$2.17K0.00%−31−29.5%Reduced
Financial Perspectives, Inc100$2.93K0.00%00.0%Unchanged
Aventura Private Wealth, LLC128$3.75K0.00%00.0%Unchanged
Groupe la Francaise165$4.09K0.00%+165New
Bernard Wealth Management Corp.245$7.07K0.00%+1+0.4%Added
Ameritas Advisory Services, LLC283$8.29K0.00%+1+0.4%Added
EverSource Wealth Advisors, LLC345$9.96K0.00%00.0%Unchanged
Allworth Financial LP500$14.4K0.00%00.0%Unchanged
Golden State Wealth Management, LLC500$14.6K0.00%00.0%Unchanged
Comerica Bank550$16.1K0.00%+550New
CWM, LLC670$19.0K0.00%+2+0.3%Added
Larson Financial Group LLC710$20.5K0.00%+710New
Farther Finance Advisors, LLC861$24.9K0.00%+3+0.3%Added
Quent Capital, LLC940$27.5K0.00%+940New
Mark Sheptoff Financial Planning, LLC1,000$29.3K0.01%00.0%Unchanged
Chung Wu Investment Group, LLC1,000$29.3K0.02%00.0%Unchanged
Tower Research Capital LLC (TRC)1,135$33.2K0.00%+363+47.0%Added
Medallion Wealth Advisors, LLC1,240$35.8K0.01%00.0%Unchanged
Colonial Trust Advisors1,500$43.9K0.00%+1,500New
GWM Advisors LLC1,621$47.5K0.00%+9+0.6%Added
Manchester Capital Management LLC1,811$53.0K0.01%00.0%Unchanged
Citigroup Inc3,786$110.8K0.00%+3,786New
Advisor Group Holdings, Inc.4,307$127.8K0.00%+784+22.3%Added
MAI Capital Management4,478$131.1K0.00%+13+0.3%Added
Citadel Advisors LLC7,176$210.0K0.00%−4,901−40.6%Reduced
Gsa Capital Partners LLP7,257$212.0K0.02%+7,257New
Synergy Financial Management, LLC7,450$215.2K0.01%+7,450New
Bank of Montreal7,400$216.6K0.00%+7,400New
Ameriprise Financial Inc7,718$225.9K0.00%+7,718New
Atlas Wealth Partners, LLC7,844$226.5K0.23%+7,844New
Janney Montgomery Scott LLC10,516$308.0K0.00%+519+5.2%Added
Acorn Wealth Advisors, LLC11,000$317.7K0.10%00.0%Unchanged
Ritholtz Wealth Management11,399$330.9K0.01%−2,338−17.0%Reduced
Apollon Wealth Management, LLC11,753$344.0K0.01%+574+5.1%Added
Raymond James Financial Inc12,239$358.2K0.00%−724−5.6%Reduced
Steinberganna Wealth Management12,979$374.8K0.18%+12,979New
Essex Financial Services, Inc.14,621$428.0K0.03%+21+0.1%Added
UBS Group AG15,389$450.4K0.00%−14,417−48.4%Reduced
Two Sigma Investments, LP16,409$480.3K0.00%−12,415−43.1%Reduced
Arrowstreet Capital, Limited Partnership16,690$488.5K0.00%−2,522−13.1%Reduced
Russell Investments Group, Ltd.17,042$498.8K0.00%00.0%Unchanged
One Charles Private Wealth Services, LLC18,268$534.7K0.14%+50.0%Added
Wells Fargo & Company18,783$549.8K0.00%+539+3.0%Added
Westmount Partners, LLC20,856$653.0K0.17%00.0%Unchanged
LPL Financial LLC23,661$692.5K0.00%+3,981+20.2%Added
Steward Partners Investment Advisory, LLC24,599$720.0K0.00%+357+1.5%Added
Royal Bank of Canada24,708$723.0K0.00%+656+2.7%Added
HighTower Advisors, LLC25,038$732.9K0.00%+94+0.4%Added
Commonwealth Equity Services, LLC30,409$890.0K0.00%+307+1.0%Added
Pecaut & Co.33,963$980.9K0.32%+23+0.1%Added
NBC Securities, Inc.33,942$993.5K0.08%00.0%Unchanged
JPMorgan Chase & Co36,204$1.06M0.00%−1,016−2.7%Reduced
Redhawk Wealth Advisors, Inc.38,711$1.12M0.13%+4,579+13.4%Added
O'Shaughnessy Asset Management, LLC44,778$1.31M0.01%−1,884−4.0%Reduced
Geode Capital Management, LLC59,677$1.75M0.00%+48,635+440.5%Added
Bank of New York Mellon Corp75,170$2.20M0.00%−1,892−2.5%Reduced
Lido Advisors, LLC79,779$2.34M0.01%00.0%Unchanged
Morgan Stanley103,925$3.04M0.00%−21,846−17.4%Reduced
CWA Asset Management Group, LLC160,918$4.65M0.17%+160,918New
EagleClaw Capital Managment, LLC167,425$4.90M0.69%+1,800+1.1%Added
Bank of America Corp177,795$5.20M0.00%+270.0%Added
Advisory Services Network, LLC181,396$5.31M0.08%+490.0%Added
Moors & Cabot, Inc.187,160$5.48M0.24%−7,043−3.6%Reduced
Mad River Investors295,523$8.65M3.71%+1100.0%Added
Beddow Capital Management Inc365,929$10.7M3.95%−9,166−2.4%Reduced
Valueworks LLC676,709$19.8M5.76%−9,137−1.3%Reduced
Horizon Kinetics Asset Management LLC2,999,326$87.8M1.07%+38,736+1.3%Added
Two Sigma Advisers, LP0$00.00%−26,900−100.0%Sold out
State of Wyoming0$00.00%−16,985−100.0%Sold out
Exchange Traded Concepts, LLC0$00.00%−10,330−100.0%Sold out
Wealth Enhancement Advisory Services, LLC0$00.00%−8,109−100.0%Sold out
Bessemer Group Inc0$00.00%−600−100.0%Sold out
Kiker Wealth Management, LLC0$00.00%−395−100.0%Sold out
Creekmur Asset Management LLC0$00.00%−1−100.0%Sold out
Simplex Trading, LLC0$00.00%−23−100.0%Sold out