# MSRH, LLC: Form 13F holdings

An institutional investment manager in New York, NY. SEC CIK 2122489.

- Quarter ended: 2026-03-31
- Filed: 2026-05-11
- Reported value: $112.9m
- Positions: 29 (29 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: not compared; the manager did not file for the quarter before
- Filing: https://www.sec.gov/Archives/edgar/data/2122489/000207184426000497/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Mar 31, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [TEXAS PACIFIC LAND CORP (TPL)](/companies/tpl.md) | COM | $70.9m | 62.8% | 149,458 |  | Not compared |
| [Grayscale Bitcoin Trust (GBTC)](/companies/gbtc.md) | SHS REP COM UT | $22.1m | 19.6% | 419,620 |  | Not compared |
| [LANDBRIDGE CO LLC-A (LB)](/companies/lb.md) | CL A | $6.5m | 5.7% | 93,756 |  | Not compared |
| [Permian Basin Royalty Trust (PBT)](/companies/pbt.md) | UNIT BEN INT | $5.2m | 4.6% | 240,342 |  | Not compared |
| [GRAYSCALE BITCOIN MINI TRUST (BTC)](/companies/btc.md) | SHS NEW | $3.1m | 2.7% | 103,200 |  | Not compared |
| [Hawaiian Electric Industries Inc (HE)](/companies/he.md) | COM | $2.5m | 2.2% | 167,460 |  | Not compared |
| [Mesabi Trust (MSB)](/companies/msb.md) | CTF BEN INT | $1.4m | 1.3% | 45,114 |  | Not compared |
| [HOWARD HUGHES HOLDINGS INC (HHH)](/companies/hhh.md) | COM | $379.6k | 0.3% | 6,000 |  | Not compared |
| [WATERBRIDGE INFRASTRUC-CL A (WBI)](/companies/wbi.md) | CL A SHS REPSTG | $334.9k | 0.3% | 12,500 |  | Not compared |
| [MIAMI INTERNATIONAL HOLDINGS (MIAX)](/companies/miax.md) | COM | $280.2k | 0.2% | 7,200 |  | Not compared |
| [Novo Nordisk A/S (NVO)](/companies/nvo.md) | NOVO NORDISK ASB | $68.6k | <0.1% | 1,868 |  | Not compared |
| [CIVEO CORP (CVEO)](/companies/cveo.md) | COM NEW | $31.4k | <0.1% | 1,188 |  | Not compared |
| [SEAPORT ENTERTAINMENT GROUP (SEG)](/companies/seg.md) | COMMON STOCK | $26.9k | <0.1% | 1,254 |  | Not compared |
| CARNIVAL CORP | COMMON STOCK | $11.8k | <0.1% | 455 |  | Not compared |
| ROYAL CARIBBEAN GROUP | COM | $8.8k | <0.1% | 32 |  | Not compared |
| [BAKKT HOLDINGS INC (BKKT)](/companies/bkkt.md) | COM CL A NEW | $8.4k | <0.1% | 1,147 |  | Not compared |
| [ALLIANCE RESOURCE PARTNERS (ARLP)](/companies/arlp.md) | UT LTD PART | $8.2k | <0.1% | 296 |  | Not compared |
| [WHEATON PRECIOUS METALS CORP (WPM)](/companies/wpm.md) | COM | $5.8k | <0.1% | 44 |  | Not compared |
| [ISHARES BITCOIN TRUST (IBIT)](/companies/ibit.md) | SHS BEN INT | $3.9k | <0.1% | 102 |  | Not compared |
| [Novagold Resources Inc (NG)](/companies/ng.md) | COM NEW | $3.6k | <0.1% | 400 |  | Not compared |
| [Tejon Ranch Co (TRC)](/companies/trc.md) | COM | $1.5k | <0.1% | 81 |  | Not compared |
| [CIRCLE INTERNET GROUP INC (CRCL)](/companies/crcl.md) | COM CL A | $572 | <0.1% | 6 |  | Not compared |
| [iShares Silver Trust (SLV)](/companies/slv.md) | ISHARES | $545 | <0.1% | 8 |  | Not compared |
| BURFORD CAPITAL LTD | ORD SHS | $325 | <0.1% | 76 |  | Not compared |
| [TRILOGY METALS INC (TMQ)](/companies/tmq.md) | COM | $237 | <0.1% | 66 |  | Not compared |
| [FERMI INC (FRMI)](/companies/frmi.md) | COM | $187 | <0.1% | 32 |  | Not compared |
| [PLAINS ALL AMER PIPELINE LP (PAA)](/companies/paa.md) | UNIT LTD PARTN | $45 | <0.1% | 2 |  | Not compared |
| [ENERGY TRANSFER LP (ET)](/companies/et.md) | COM UT LTD PTN | $39 | <0.1% | 2 |  | Not compared |
| [CANTON STRATEGIC HOLDINGS IN (CNTN)](/companies/cntn.md) | COM | $7 | <0.1% | 2 |  | Not compared |

Source: SEC EDGAR, Form 13F-HR, accession 0002071844-26-000497. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.