Fund HoldingsMerewether Investment Management, LP

Total Portfolio Value
$3.47B
Total Bought
$1.33B
Total Sold
$798.30M
Net Transaction
+$527.24M
Filing Period:
Securities
SharesValue ($K)
Q1 2025
Q2 2025
Change
Q1 2025
Q2 2025
Weight (%)
Change
KINDER MORGAN INC DEL(KMI)04,710,100+4,710,1000138,4773.99%+138,477
EQT CORP(EQT)1,683,2573,363,286+1,680,02989,936196,1475.65%+106,210
SEMPRA(SRE)397,5011,676,932+1,279,43128,366127,0613.66%+98,695
VISTRA CORP(VST)1,390,8841,315,536-75,348163,345254,9647.34%+91,619
NVENT ELECTRIC PLC(NVT)01,067,874+1,067,874078,2222.25%+78,222
MOSAIC CO NEW(MOS)01,984,100+1,984,100072,3802.08%+72,380
HUBBELL INC(HUBB)0166,900+166,900068,1641.96%+68,164
XCEL ENERGY INC(XEL)0945,110+945,110064,3621.85%+64,362
TALEN ENERGY CORP(TLN)141,633273,159+131,52628,28079,4262.29%+51,147
FLOWSERVE CORP(FLS)0889,300+889,300046,5551.34%+46,555
NISOURCE INC(NI)1,936,8313,006,194+1,069,36377,648121,2703.49%+43,622
TARGA RES CORP(TRGP)649,263992,582+343,319130,158172,7894.98%+42,631
GENERAC HLDGS INC(GNRC)0265,899+265,899038,0791.10%+38,079
ITRON INC(ITRI)18,200300,787+282,5871,90739,5931.14%+37,686
COMFORT SYS USA INC(FIX)069,395+69,395037,2101.07%+37,210
MARATHON PETE CORP(MPC)0214,000+214,000035,5481.02%+35,548
DT MIDSTREAM INC(DTM)37,600342,200+304,6003,62837,6111.08%+33,984
VIPER ENERGY INC(VNOM)0890,982+890,982033,9730.98%+33,973
CENOVUS ENERGY INC(CVE)3,681,6266,090,722+2,409,09651,21182,8342.39%+31,622
ELEMENT SOLUTIONS INC(ESI)01,237,554+1,237,554028,0310.81%+28,031
RIOT PLATFORMS INC(RIOT)02,359,300+2,359,300026,6600.77%+26,660
FIRST SOLAR INC(FSLR)51,356198,600+147,2446,49332,8760.95%+26,383
DIAMONDBACK ENERGY INC(FANG)200,673423,650+222,97732,08458,2101.68%+26,126
VALERO ENERGY CORP(VLO)361,468531,431+169,96347,73971,4352.06%+23,696
IREN LIMITED
ORDINARY SHARES
01,443,000+1,443,000021,0250.61%+21,025
BARRICK MNG CORP(B)0962,500+962,500020,0390.58%+20,039
COTERRA ENERGY INC0608,400+608,400015,4410.44%+15,441
SCHLUMBERGER LTD(SLB)0353,200+353,200011,9380.34%+11,938
IAMGOLD CORP(IAG)4,366,9005,018,690+651,79027,29336,8871.06%+9,594
SABLE OFFSHORE CORP0400,000+400,00008,7920.25%+8,792
NEXTRACKER INC0155,715+155,71508,4660.24%+8,466
PRIMORIS SVCS CORP(PRIM)0104,131+104,13108,1160.23%+8,116
CAMECO CORP(CCJ)162,320170,554+8,2346,68112,6600.36%+5,979
EQUINOX GOLD CORP(EQX)0996,200+996,20005,7280.16%+5,728
FRONTLINE PLC(FRO)0319,700+319,70005,2460.15%+5,246
MASTEC INC(MTZ)761,016542,740-218,27688,81892,4992.66%+3,681
BKV CORP(BKV)844,858876,517+31,65917,74221,1420.61%+3,400
OVINTIV INC(OVV)1,830,8652,146,196+315,33178,36181,6632.35%+3,302
CENTERPOINT ENERGY INC(CNP)1,291,6001,343,863+52,26346,79549,3741.42%+2,579
GE VERNOVA INC(GEV)203,942122,356-81,58662,25964,7451.86%+2,485
ATMOS ENERGY CORP(ATO)334,694348,536+13,84251,73753,7131.55%+1,976
EXPAND ENERGY CORPORATION(EXE)664,682641,875-22,80773,99275,0612.16%+1,068
FREEPORT-MCMORAN INC(FCX)1,036,500918,156-118,34439,24239,8021.15%+560
ENTERGY CORP NEW(ETR)1,184,1641,224,300+40,136101,234101,7642.93%+530
AUTOLIV INC(ALV)6,4006,40005667160.02%+150
DARLING INGREDIENTS INC(DAR)22,00020,614-1,3866877820.02%+95
MPLX LP(MPLX)0329,802+329,8020710.00%+71
KINROSS GOLD CORP(KGC)2,142,4761,717,548-424,92827,01726,8450.77%-171
CANADIAN NAT RES LTD(CNQ)1,894,4081,816,463-77,94558,34857,0371.64%-1,311
PINNACLE WEST CAP CORP(PNW)706,270734,180+27,91067,27265,6871.89%-1,585
SHELL PLC(SHEL)2,381,8062,446,621+64,815174,539172,2674.96%-2,272
HF SINCLAIR CORP(DINO)152,2140-152,2145,0050-5,005
KODIAK GAS SVCS INC(KGS)1,225,5641,185,125-40,43945,71440,6141.17%-5,099
WEATHERFORD INTL PLC(WFRD)97,5540-97,5545,2240-5,224
OGE ENERGY CORP(OGE)914,791783,825-130,96642,04434,7861.00%-7,258
PERMIAN RESOURCES CORP(PR)5,861,3515,404,237-457,11481,18073,6062.12%-7,574
WARRIOR MET COAL INC(HCC)515,612344,155-171,45724,60515,7730.45%-8,832
RELIANCE INC(RS)38,5990-38,59911,1450-11,145
BAKER HUGHES COMPANY(BKR)676,930471,146-205,78429,75118,0640.52%-11,687
FLEX LTD(FLEX)456,0360-456,03615,0860-15,086
HESS CORP303,600240,085-63,51548,49433,2610.96%-15,233
SUNCOR ENERGY INC NEW(SU)3,439,4153,127,704-311,711133,202117,2303.38%-15,972
ENERGY TRANSFER L P(ET)2,426,2121,315,612-1,110,60045,10323,8520.69%-21,251
EVERGY INC(EVRG)376,7000-376,70025,9730-25,973
TECHNIPFMC PLC(FTI)1,387,519487,338-900,18143,97016,7840.48%-27,187
LIBERTY ENERGY INC(LBRT)1,847,2140-1,847,21429,2410-29,241
KINETIK HOLDINGS INC(KNTK)566,2000-566,20029,4080-29,408
TENARIS S A(TS)1,293,733533,515-760,21850,59819,9530.57%-30,644
NUCOR CORP(NUE)265,6940-265,69431,9740-31,974
EXXON MOBIL CORP927,767700,393-227,374110,33975,5022.17%-34,837
TXNM ENERGY INC(TXNM)746,7000-746,70039,9340-39,934
CONOCOPHILLIPS(COP)435,1590-435,15945,7000-45,700
NEWMONT CORP(NEM)1,050,4770-1,050,47750,7170-50,717
PPL CORP(PPL)1,968,8120-1,968,81271,0940-71,094
ANTERO RESOURCES CORP(AR)1,923,53981,900-1,841,63977,7883,2990.10%-74,489
TC ENERGY CORP(TRP)1,624,8080-1,624,80876,7490-76,749
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