What Makes Arq (ARQ) a Worthy Holding?
Minot Light Capital Partners, an investment management company, released its Q3 2025 investment letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Royce & Associates Chuck Royce | 1,862,764 | $4,750,048 | +7% | 0.04% |
| 2. | AQR Capital Management Cliff Asness | 1,814,114 | $4,625,991 | +68% | 0% |
| 3. | Marshall Wace LLP Paul Marshall And Ian Wace | 880,201 | $2,244,514 | +9% | 0% |
| 4. | Renaissance Technologies Jim Simons | 598,059 | $1,525,050 | +46% | 0% |
| 5. | D E Shaw D. E. Shaw | 358,479 | $914,121 | +28% | 0% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $2.34 | 1,874 | $4,383.85 | 15,000 | 2026-09-08 | Filing | |
| $2.34 | 1,098 | $2,568.88 | 353,023 | 2026-09-08 | Filing | |
| $2.27 | 4,356 | $9,904.24 | 13,126 | 2026-09-04 | Filing | |
| $2.29 | 1,402 | $3,209.04 | 351,925 | 2026-09-04 | Filing | |
| $2.23 | 8,770 | $19,514.13 | 8,770 | 2026-09-03 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $2.27 | 16,709 | $37,929.43 | 48,291 | 2026-05-04 | Filing | |
| $5.20 | 3,052 | $15,870.40 | 367,738 | 2025-08-04 | Filing | |
| $5.20 | 2,591 | $13,473.20 | 82,438 | 2025-08-04 | Filing | |
| $5.20 | 2,742 | $14,258.40 | 73,199 | 2025-08-04 | Filing | |
| $5.20 | 1,782 | $9,266.40 | 137,317 | 2025-08-04 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 1,464,532 | $3,734,557 | 0% | |
| 2. | 787,880 | $2,009,094 | 1.36% | |
| 3. | 607,420 | $1,548,695 | 0% | |
| 4. | 509,225 | $1,298,524 | 0% | |
| 5. | 508,965 | $1,297,861 | 0% |