SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Triad Investment Management

CIK 0001615717 · 1301 DOVE STREET, SUITE 1080, NEWPORT BEACH, CA, 92660 · 9496793991

Reported Value
$90M
Q4 2020
Positions
54
Filings on Record
21
2019–present window
Filed
Jan 20, 2021
original filing

Summary

Triad Investment Management reported $90M in U.S.-listed holdings across 54 positions for Q4 2020.

Its largest position, VAC, represents 7.7% of the portfolio.

Compared with Q3 2020, the fund opened 6 new positions and exited 3.

Portfolio Metrics

Turnover
+5.7%
vs prior filed quarter
Top-10 Concentration
+46.9%
share of reported value
Largest Position
+7.7%
Marriott Vactins Worldwid
New / Exited
6 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $98MQ1 ’19Q2 ’19: $97MQ3 ’19: $92MQ4 ’19: $103MQ4 ’19Q1 ’20: $58MQ2 ’20: $74MQ3 ’20: $71MQ3 ’20Q4 ’20: $90MQ1 ’22: $106MQ2 ’22: $68MQ2 ’22Q3 ’22: $58MQ4 ’22: $64MQ2 ’23: $72MQ2 ’23Q3 ’23: $68MQ4 ’23: $76MQ1 ’24: $82MQ1 ’24Q4 ’25: $99MQ1 ’26: $85Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 83.3%Closed-End Fund: 6.4%Other: 5.3%US DOMESTIC: 4.1%REIT: 0.9%
  • Common Stock · 83.3% · $75M
  • Closed-End Fund · 6.4% · $6M
  • Other · 5.3% · $5M
  • US DOMESTIC · 4.1% · $4M
  • REIT · 0.9% · $823,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ITGARTNER INCNEW+13.1K13.1K+$2M$2M
LIBERTY MEDIA CORP DELNEW+700.0K700.0K+$885,000$885,000
BRK/BBERKSHIRE HATHAWAY INC DELNEW+1.3K1.3K+$303,000$303,000
DISDISNEY WALT CONEW+1.3K1.3K+$241,000$241,000
GOOGALPHABET INCNEW+129129+$226,000$226,000
SCHWSCHWAB CHARLES CORPNEW+4.0K4.0K+$212,000$212,000
LIBERTY TRIPADVISOR HLDGS INADDED+772.0K817.5K+$3M$4M
EVEUREATON VANCE CORPSOLD OUT−73.5K0−$3M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2020

52 positions (from 54 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VACMARRIOTT VACTINS WORLDWID COCOM · NOTE 1.500% 9/17.73%$7M2.53M
2OPLNKAR AUCTION SVCS INChistory →COM5.16%$5M249.8K
3BROOKFIELD PPTY REIT INCCL A5.14%$5M309.9K
4DISCOVERY INCCOM SER A · COM SER C4.91%$4M154.8K
5OAKTREE SPECIALTY LENDING COCOM4.32%$4M698.7K
6RABROOKFIELD REAL ASSETS INCOMhistory →SHS BEN INT4.28%$4M216.0K
7LIBERTY TRIPADVISOR HLDGS INCOM SER A3.94%$4M817.5K
8ATLAS CORPSHARES3.91%$4M324.7K
9MHKMOHAWK INDS INChistory →COM3.83%$3M24.5K
10BENFRANKLIN RESOURCES INChistory →COM3.72%$3M133.9K
11KFYKORN FERRYhistory →COM NEW3.56%$3M73.8K
12ALSNALLISON TRANSMISSION HLDGS Ihistory →COM3.33%$3M69.6K
13WYNDHAM DESTINATIONS INCCOM3.31%$3M66.6K
14AXTAAXALTA COATING SYS LTDhistory →COM2.83%$3M89.2K
15SSNCSS&C TECHNOLOGIES HLDGS INChistory →COM2.82%$3M35.0K
16HTGCHERCULES CAPITAL INChistory →COM2.79%$3M174.2K
17WESTROCK COCOM2.60%$2M53.9K
18SLBSCHLUMBERGER LTDhistory →COM2.59%$2M106.7K
19SLRCSOLAR CAP LTDhistory →COM2.40%$2M123.3K
20ITGARTNER INChistory →COM2.33%$2M13.1K
21CNNECANNAE HLDGS INChistory →COM2.25%$2M45.7K
22CBRECBRE GROUP INChistory →CL A2.24%$2M32.2K
23BWABORGWARNER INChistory →COM2.12%$2M49.4K
24GBDCGOLUB CAP BDC INChistory →COM1.81%$2M115.2K
25CDWCDW CORPhistory →COM1.77%$2M12.1K
26THOTHOR INDS INChistory →COM1.75%$2M17.0K
27MRC GLOBAL INCCOM1.51%$1M204.8K
28EFTEATON VANCE FLTING RATE INChistory →COM1.36%$1M93.3K
29AXPAMERICAN EXPRESS COhistory →COM1.09%$981,0008.1K
30LIBERTY MEDIA CORP DELNOTE 1.375%10/10.98%$885,000700.0K
31MACMACERICH COCOM0.91%$823,00077.1K
32JNJJOHNSON & JOHNSONCOM0.88%$797,0005.1K
33LINDLINDBLAD EXPEDITIONS HLDGS ICOM0.72%$649,00037.9K
34WFCWELLS FARGO CO NEWCOM0.71%$639,00021.2K
35ALTRA INDL MOTION CORPCOM0.44%$392,0007.1K
36MSFTMICROSOFT CORPCOM0.42%$378,0001.7K
37DSLDOUBLELINE INCOME SOLUTIONSCOM0.41%$373,00022.5K
38CMCSACOMCAST CORP NEWCL A0.40%$361,0006.9K
39BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.34%$303,0001.3K
40BCSFBAIN CAP SPECIALTY FIN INCCOM STK0.33%$301,00024.9K
41BLWBLACKROCK LTD DURATION INC TCOM SHS0.32%$285,00017.9K
42DISDISNEY WALT COCOM0.27%$241,0001.3K
43GOOGALPHABET INCCAP STK CL C0.25%$226,000129
44MRKMERCK & CO. INCCOM0.24%$219,0002.7K
45SCHWSCHWAB CHARLES CORPCOM0.24%$212,0004.0K
46HANESBRANDS INCCOM0.17%$157,00010.7K
47GENERAL ELECTRIC COCOM0.13%$121,00011.2K
48ENTERCOM COMMUNICATIONS CORPCL A0.13%$120,00048.7K
49CENTENNIAL RESOURCE DEV INCCL A0.13%$117,00077.7K
50SMHISEACOR MARINE HLDGS INCCOM0.09%$79,00029.2K
51PTENPATTERSON-UTI ENERGY INCCOM0.06%$57,00010.7K
52AIGAMERICAN INTL GROUP INC*W EXP 01/19/2020.04%$40,000329.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$85M36May 8, 2026RESTATEMENTchanges · EDGAR ↗
Q4 2025$99M36Jan 16, 202613F-HRchanges · EDGAR ↗
Q1 2024$82M42Apr 12, 202413F-HRchanges · EDGAR ↗
Q4 2023$76M44Jan 10, 202413F-HRchanges · EDGAR ↗
Q3 2023$68M46Oct 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$72M57Jul 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$64M56Jan 27, 202313F-HRchanges · EDGAR ↗
Q3 2022$58M55Oct 18, 202213F-HRchanges · EDGAR ↗
Q2 2022$68M60Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$106M62Apr 27, 202213F-HRchanges · EDGAR ↗
Q4 2020$90M54Jan 20, 202113F-HRchanges · EDGAR ↗
Q3 2020$71M51Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$74M52Jul 17, 202013F-HRchanges · EDGAR ↗
Q1 2020$58M48May 12, 202013F-HRchanges · EDGAR ↗
Q4 2019$103M45Jan 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$92M45Oct 17, 201913F-HRchanges · EDGAR ↗
Q2 2019$97M43Jul 17, 201913F-HRchanges · EDGAR ↗
Q1 2019$98M50Apr 9, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.