13F

Position

AVENIR CORP in Visa Inc.

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark −$1.99M$350.71$302.24

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 202541.5K$14.6M1.6%
Q1 202641.1K$12.4M$302.24−$1.99M−$146.2K1.5%