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, Q4 2025
Institutional positions in Mesabi Trust as of Dec 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
- 82
- +11 vs. Q3 2025
- Shares held
- 6.41M
- +285.0K (+4.7%) vs. Q3 2025
- Total value
- $246.3M
- +$67.0M (+37.4%) vs. Q3 2025
- New holders
- 18
- 29 more added
- Sold out
- 7
- 19 more reduced
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 62 | $167.0M |
| Q1 2026 | 73 | $210.2M |
| Q4 2025 | 82 | $246.3M |
| Q3 2025 | 71 | $179.3M |
| Q2 2025 | 64 | $143.7M |
| Q1 2025 | 64 | $156.9M |
| Q4 2024 | 61 | $170.7M |
| Q3 2024 | 47 | $126.3M |
| Q2 2024 | 47 | $94.2M |
| Q1 2024 | 50 | $94.2M |
| Q4 2023 | 51 | $111.6M |
| Q3 2023 | 46 | $109.4M |
| Q2 2023 | 45 | $107.0M |
| Q1 2023 | 42 | $130.4M |
| Q4 2022 | 52 | $88.6M |
| Q3 2022 | 54 | $98.1M |
| Q2 2022 | 56 | $112.2M |
| Q1 2022 | 57 | $119.1M |
| Q4 2021 | 54 | $115.0M |
| Q3 2021 | 59 | $115.6M |
| Q2 2021 | 64 | $135.0M |
| Q1 2021 | 57 | $105.3M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Mesabi Trust; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Horizon Kinetics Asset Management LLC | 3,027,698 | $116.6M | 1.58% | +28,372+0.9% | Added |
| Valueworks LLC | 664,171 | $25.6M | 6.73% | −12,538−1.9% | Reduced |
| Beddow Capital Management Inc | 352,805 | $13.6M | 5.13% | −13,124−3.6% | Reduced |
| Mad River Investors | 296,649 | $11.4M | 5.21% | +1,126+0.4% | Added |
| CWA Asset Management Group, LLC | 228,244 | $8.79M | 0.32% | +67,326+41.8% | Added |
| Moors & Cabot, Inc. | 186,004 | $7.16M | 0.31% | −1,156−0.6% | Reduced |
| Advisory Services Network, LLC | 181,525 | $6.99M | 0.10% | +129+0.1% | Added |
| Bank of America Corp | 177,881 | $6.85M | 0.00% | +860.0% | Added |
| EagleClaw Capital Managment, LLC | 167,225 | $6.44M | 0.93% | −200−0.1% | Reduced |
| Morgan Stanley | 108,742 | $4.19M | 0.00% | +4,817+4.6% | Added |
| Bank of New York Mellon Corp | 92,968 | $3.58M | 0.00% | +17,798+23.7% | Added |
| SEI Investments Co | 83,883 | $3.23M | 0.00% | +83,883 | New |
| Geode Capital Management, LLC | 64,866 | $2.50M | 0.00% | +5,189+8.7% | Added |
| Lido Advisors, LLC | 79,981 | $2.34M | 0.01% | +202+0.3% | Added |
| MSRH, LLC | 45,114 | $1.74M | 1.94% | +45,114 | New |
| O'Shaughnessy Asset Management, LLC | 43,270 | $1.67M | 0.01% | −1,508−3.4% | Reduced |
| Royal Bank of Canada | 42,528 | $1.64M | 0.00% | +17,820+72.1% | Added |
| JPMorgan Chase & Co | 36,964 | $1.42M | 0.00% | +760+2.1% | Added |
| Redhawk Wealth Advisors, Inc. | 35,540 | $1.37M | 0.15% | −3,171−8.2% | Reduced |
| Pecaut & Co. | 33,963 | $1.31M | 0.42% | 00.0% | Unchanged |
| NBC Securities, Inc. | 33,942 | $1.31M | 0.10% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 30,841 | $1.19M | 0.00% | +432+1.4% | Added |
| HighTower Advisors, LLC | 26,843 | $1.03M | 0.00% | +1,805+7.2% | Added |
| Steward Partners Investment Advisory, LLC | 24,152 | $930.3K | 0.01% | −447−1.8% | Reduced |
| LPL Financial LLC | 23,905 | $920.8K | 0.00% | +244+1.0% | Added |
| UBS Group AG | 22,739 | $875.9K | 0.00% | +7,350+47.8% | Added |
| Janney Montgomery Scott LLC | 20,923 | $806.0K | 0.00% | +10,407+99.0% | Added |
| Westmount Partners, LLC | 20,856 | $803.2K | 0.20% | 00.0% | Unchanged |
| Verdad Advisers, LP | 19,567 | $753.7K | 0.86% | +19,567 | New |
| Wells Fargo & Company | 17,474 | $673.1K | 0.00% | −1,309−7.0% | Reduced |
| One Charles Private Wealth Services, LLC | 17,263 | $665.0K | 0.17% | −1,005−5.5% | Reduced |
| Russell Investments Group, Ltd. | 17,042 | $656.5K | 0.00% | 00.0% | Unchanged |
| Essex Financial Services, Inc. | 14,765 | $568.7K | 0.03% | +144+1.0% | Added |
| Arrowstreet Capital, Limited Partnership | 14,297 | $550.7K | 0.00% | −2,393−14.3% | Reduced |
| Two Sigma Investments, LP | 11,789 | $454.1K | 0.00% | −4,620−28.2% | Reduced |
| Apollon Wealth Management, LLC | 11,736 | $452.1K | 0.01% | −17−0.1% | Reduced |
| Raymond James Financial Inc | 11,690 | $450.3K | 0.00% | −549−4.5% | Reduced |
| Acorn Wealth Advisors, LLC | 11,000 | $423.6K | 0.13% | 00.0% | Unchanged |
| Ritholtz Wealth Management | 10,459 | $402.8K | 0.01% | −940−8.2% | Reduced |
| Steinberganna Wealth Management | 9,204 | $354.5K | 0.17% | −3,775−29.1% | Reduced |
| Atlas Wealth Partners, LLC | 7,858 | $302.6K | 0.33% | +14+0.2% | Added |
| Ameriprise Financial Inc | 7,730 | $297.8K | 0.00% | +12+0.2% | Added |
| Citadel Advisors LLC | 7,703 | $296.7K | 0.00% | +527+7.3% | Added |
| Bank of Montreal | 7,400 | $285.0K | 0.00% | 00.0% | Unchanged |
| Wealth Enhancement Advisory Services, LLC | 6,109 | $248.8K | 0.00% | +6,109 | New |
| Cadent Capital Advisors, LLC | 6,112 | $235.4K | 0.06% | +6,112 | New |
| Gsa Capital Partners LLP | 5,834 | $225.0K | 0.02% | −1,423−19.6% | Reduced |
| Pekin Hardy Strauss, Inc. | 5,650 | $217.6K | 0.02% | +5,650 | New |
| SFE Investment Counsel | 5,540 | $213.3K | 0.03% | +5,540 | New |
| Advisor Group Holdings, Inc. | 5,164 | $198.9K | 0.00% | +857+19.9% | Added |
| MAI Capital Management | 4,513 | $173.8K | 0.00% | +35+0.8% | Added |
| Citigroup Inc | 3,763 | $145.0K | 0.00% | −23−0.6% | Reduced |
| Quent Capital, LLC | 3,203 | $123.4K | 0.01% | +2,263+240.7% | Added |
| GWM Advisors LLC | 1,633 | $62.9K | 0.00% | +12+0.7% | Added |
| Barclays PLC | 1,500 | $57.8K | 0.00% | +1,500 | New |
| Farther Finance Advisors, LLC | 1,491 | $57.4K | 0.00% | +630+73.2% | Added |
| Medallion Wealth Advisors, LLC | 1,240 | $47.8K | 0.02% | 00.0% | Unchanged |
| Mark Sheptoff Financial Planning, LLC | 1,000 | $38.5K | 0.02% | 00.0% | Unchanged |
| Chung Wu Investment Group, LLC | 1,000 | $38.5K | 0.03% | 00.0% | Unchanged |
| Quattro Advisors LLC | 800 | $30.8K | 0.02% | +800 | New |
| Colonial Trust Advisors | 750 | $28.9K | 0.00% | −750−50.0% | Reduced |
| CWM, LLC | 677 | $26.0K | 0.00% | +7+1.0% | Added |
| Comerica Bank | 550 | $21.2K | 0.00% | 00.0% | Unchanged |
| Flagship Harbor Advisors, LLC | 528 | $20.4K | 0.00% | +528 | New |
| Golden State Wealth Management, LLC | 500 | $19.3K | 0.00% | 00.0% | Unchanged |
| Cullen/Frost Bankers, Inc. | 500 | $19.3K | 0.00% | +500 | New |
| Allworth Financial LP | 500 | $19.3K | 0.00% | 00.0% | Unchanged |
| Group One Trading, L.P. | 441 | $17.0K | 0.00% | +400+975.6% | Added |
| Garton & Associates Financial Advisors LLC | 414 | $16.0K | 0.01% | +414 | New |
| CoreCap Advisors, LLC | 400 | $15.4K | 0.00% | +400 | New |
| Camelot Portfolios, LLC | 300 | $11.6K | 0.01% | +300 | New |
| Godfrey Financial Associates, Inc. | 300 | $11.6K | 0.01% | +300 | New |
| WealthCollab, LLC | 295 | $11.4K | 0.00% | +295 | New |
| Bernard Wealth Management Corp. | 247 | $9.51K | 0.00% | +2+0.8% | Added |
| Aventura Private Wealth, LLC | 128 | $4.93K | 0.00% | 00.0% | Unchanged |
| Financial Perspectives, Inc | 100 | $3.85K | 0.00% | 00.0% | Unchanged |
| FMR LLC | 80 | $3.08K | 0.00% | +6+8.1% | Added |
| GHP Investment Advisors, Inc. | 40 | $1.54K | 0.00% | +40 | New |
| Assetmark, Inc | 18 | $693 | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 17 | $655 | 0.00% | −13−43.3% | Reduced |
| Parallel Advisors, LLC | 10 | $385 | 0.00% | +10 | New |
| Huntington National Bank | 1 | $39 | 0.00% | 00.0% | Unchanged |
| Synergy Financial Management, LLC | 0 | $0 | 0.00% | −7,450−100.0% | Sold out |
| Manchester Capital Management LLC | 0 | $0 | 0.00% | −1,811−100.0% | Sold out |
| Tower Research Capital LLC (TRC) | 0 | $0 | 0.00% | −1,135−100.0% | Sold out |
| Larson Financial Group LLC | 0 | $0 | 0.00% | −710−100.0% | Sold out |
| EverSource Wealth Advisors, LLC | 0 | $0 | 0.00% | −345−100.0% | Sold out |
| Ameritas Advisory Services, LLC | 0 | $0 | 0.00% | −283−100.0% | Sold out |
| Groupe la Francaise | 0 | $0 | 0.00% | −165−100.0% | Sold out |