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 | 1,748,444 | $4,476,017 | +20% | 0.04% |
| 2. | AQR Capital Management Cliff Asness | 1,085,710 | $2,779,416 | +263% | 0% |
| 3. | Marshall Wace LLP Paul Marshall And Ian Wace | 809,705 | $2,072,844 | +83% | 0% |
| 4. | Renaissance Technologies Jim Simons | 410,570 | $1,051,059 | -1% | 0% |
| 5. | D E Shaw D. E. Shaw | 281,828 | $721,480 | +462% | 0% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $2.21 | 150,000 | $331,665.00 | 404,786 | 2026-03-23 | Filing | |
| $1.89 | 10,000 | $18,900.00 | 400,686 | 2026-03-17 | Filing | |
| $1.95 | 77,500 | $151,008.75 | 174,010 | 2026-03-13 | Filing | |
| $1.92 | 1,000 | $1,917.90 | 102,491 | 2026-03-16 | Filing | |
| $1.92 | 1,000 | $1,918.50 | 101,491 | 2026-03-12 | 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. | 2,097,522 | $5,369,657 | 0% | |
| 2. | 1,431,450 | $3,664,512 | 0% | |
| 3. | 801,231 | $2,051,520 | 0% | |
| 4. | 775,349 | $1,971,533 | 1.62% | |
| 5. | 762,190 | $1,950,889 | 0% |