USA RARE EARTH INC (USAR) — Position Hub · Vaapad Capital

USAR

Materials

USA RARE EARTH INC

FALLBACK· as of 19m ago

Actively heldActively held since 15. Juni 26.· held 50 days

A retrospective, descriptive note on holding status — not investment advice. Live weight, entry and P&L stay in the sections below (subscriber-gated).

Current positionSubscribers

Live position details are for subscribers

USAR's current weight, average entry and live P&L are reserved for subscribers — front-run protection for the founder's open book. The full public thesis, conviction history, closed-trade record and field notes stay open below.

Price history & my trades

The buy/sell markers for an open position are reserved for subscribers (front-run protection). The price history stays open.

Why I hold this

No public thesis published for USAR yet.

The public thesis is drawn from the founder's published field notes. When a public note tagging USAR goes live, its thesis anchors this section. Subscriber-only notes are listed below as locked teasers — their content is never surfaced here.

Contribution to the bookSubscribers

USAR's contribution to the book is subscriber-only — front-run protection for the founder's open positions.

Sector & theme positioning

Materials2 held names in this theme

Exact sector weights are subscriber-only.

Held peers in Materials

Why it moved today

USAR rose +8.92% versus its prior close (last 17.275 vs prior close 15.86) (as of 2026-08-05 05:33 UTC). The market was pre at the time of this quote. This is a descriptive record of the move — not a forecast or a recommendation.

Rewards

USAR gives the book Materials exposure — see how that sits in the overall sector mix.

Risks

The position currently shows an unrealized loss of -25.63% versus cost — surfaced honestly, not hidden.
USAR is a single, concentrated position in one founder's personal book — single-name risk, not a diversified fund.
Past performance is not a reliable indicator of future results. Everything on this page is retrospective disclosure, not investment advice.

Position scorecard

42avg / 100 · partial

Track record— No fully round-tripped calls on this name yet.

Fundamentals

Valuation multiples

Market cap: $4.23B
Enterprise value: $1.80B
P / E (TTM)Price to trailing earnings: —
P / E (fwd)Price to forward earnings: 575.83x
P / BPrice to book value: 2.00x
P / S (TTM)Price to trailing sales: 575.77x

Conviction history

Trimming22. Juni 26
Trimmed position
100 @ 24.61 USD
Trimming22. Juni 26
Trimmed position
100 @ 24.61 USD
Adding15. Juni 26
Added to position
100 @ 23.225 USD

Position historySubscribers

Date	Action	Qty	Price	Running
••• •• ••••	•••	••••	••.••	••••
••• •• ••••	•••	••••	••.••	••••
••• •• ••••	•••	••••	••.••	••••

The fill-by-fill build of this open position is subscriber-only. Completed round-trips stay public on the below.

USAR on the Call Ledger

No fully round-tripped calls on USAR yet.

Only completed round-trips reach the public (front-run protection). If USAR is still open, its performance stays with the live position above until it closes.

Field notes mentioning USAR

No field notes mention USAR yet.

This page is a retrospective, descriptive disclosure of a single position in the founder's personal trading account — reconciled against IBKR Flex. Not investment advice and not a solicitation to buy or sell any security. Weight, entry and P&L are stamped with the data-freshness state; live figures may lag. Past performance is not a reliable indicator of future results.