Fund Holdings

THOMIST CAPITAL MANAGEMENT, LP

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
DARLING INGREDIENTS INC(DAR)(Call)0450,000+450,000027,832,500+27,832,500
ARIS MINING CORPORATION(ARIS)01,147,572+1,147,572021,310,4127.29%+21,310,412
HF SINCLAIR CORP(DINO)308,082566,090+258,00814,251,87335,318,35512.08%+21,066,482
CF INDUSTRIES HOLD(Put)0150,000+150,000019,476,000+19,476,000
STEEL DYNAMICS INC(STLD)0105,300+105,300018,954,0006.48%+18,954,000
DELEK US HLDGS INC NEW(DK)0372,937+372,937016,808,2715.75%+16,808,271
SSR MINING IN(SSRM)0548,900+548,900016,137,6605.52%+16,137,660
EQUINOX GOLD CORP(EQX)0890,919+890,919012,882,6894.40%+12,882,689
PERMIAN RESOURCES CORP(PR)0511,346+511,346010,901,8973.73%+10,901,897
VANGUARD INDEX FDS017,000+17,000010,158,3503.47%+10,158,350
ROYAL GOLD INC(RGLD)037,262+37,26209,482,8063.24%+9,482,806
FREEPORT MCMORAN INC(Call)0150,000+150,00008,817,000+8,817,000
PEABODY ENGR CORP(BTU)0231,553+231,55307,629,6712.61%+7,629,671
SOUTHWEST AIRLS CO(LUV)102,860288,001+185,1414,247,66410,820,1983.70%+6,572,534
BUNGE GLOBAL SA(BG)(Call)051,100+51,10006,499,920+6,499,920
EASTMAN CHEM CO(EMN)084,700+84,70006,464,3042.21%+6,464,304
SCORPIO TANKERS INC(STNG)061,855+61,85504,618,0941.58%+4,618,094
DHT HOLDINGS INC(DHT)0241,696+241,69604,415,7861.51%+4,415,786
HF SINCLAIR CORP(DINO)(Call)070,000+70,00004,367,300+4,367,300
RYANAIR HOLDINGS PLC(RYAAY)054,980+54,98003,177,8441.09%+3,177,844
BRP INC(DOO)040,085+40,08502,878,5040.98%+2,878,504
HARLEY DAVIDSON INC(HOG)0140,600+140,60002,842,9320.97%+2,842,932
CORE NATURAL RESOURCES INC(CNR)234,000224,799-9,20120,739,42023,543,1998.05%+2,803,779
OKEANIS ECO TANKERS COR055,100+55,10002,787,5090.95%+2,787,509
VANECK ETF TRUST(Call)030,000+30,00002,753,100+2,753,100
FUTUREFUEL CORP(Call)0700,000+700,00002,695,000+2,695,000
KOSMOS ENERGY LTD(KOS)0927,209+927,20902,577,6410.88%+2,577,641
OSISKO DEVELOPMENT CORP0790,000+790,00002,567,5000.88%+2,567,500
PAR PAC HOLDINGS INC(PARR)8,42344,750+36,327299,2692,803,1400.96%+2,503,871
CHENIERE ENERGY INC(LNG)08,100+8,10002,298,4560.79%+2,298,456
DELEK US HLDGS INC NEW(Call)050,000+50,00002,253,500+2,253,500
CONTROLADORA VUELA COMP DE A1,009,6521,539,094+529,4428,916,28011,143,0413.81%+2,226,761
POLARIS INC(PII)25,04868,785+43,7371,614,5943,748,7831.28%+2,134,189
NORDIC AMERICAN TANKERS LIMI0338,900+338,90001,985,9540.68%+1,985,954
CAMPING WORLD HLDGS INC163,980457,270+293,2901,597,1653,123,1541.07%+1,525,989
NVIDIA CORPORATION(NVDA)08,140+8,14001,419,6160.49%+1,419,616
SOLARIS RES INC(SLSR)0154,632+154,63201,326,7430.45%+1,326,743
RANGER ENERGY SVCS INC073,881+73,88101,266,3200.43%+1,266,320
B2GOLD CORP(BTG)(Call)0250,100+250,10001,132,953+1,132,953
ALASKA AIR GROUP INC028,430+28,43001,045,6550.36%+1,045,655
MP MATERIALS CORP(Call)020,000+20,0000965,200+965,200
EXPRO GROUP HOLDINGS NV(XPRO)054,600+54,6000950,5860.33%+950,586
JETBLUE AIRWAYS CORP(JBLU)(Call)0193,000+193,0000853,060+853,060
RIOT PLATFORMS INC(RIOT)067,500+67,5000834,3000.29%+834,300
HUT 8 CORP(HUT)13,60029,575+15,975629,4081,387,3630.47%+757,955
IREN LIMITED020,500+20,5000702,7400.24%+702,740
FUTUREFUEL CORP094,883+94,8830365,3000.12%+365,300
FRONTIER GROUP HLDGS INC(ULCC)(Call)0100,000+100,0000353,000+353,000
FERMI INC(FRMI)(Put)050,000+50,0000292,000+292,000
RICE ACQUISITION CORP 3500,000506,329+6,3295,195,0005,367,0871.84%+172,087
WESTLAKE CORPORATION(WLK)111,90073,000-38,9008,364,6868,527,8602.92%+163,174
VAIL RESORTS INC(MTN)1,7000-1,700226,4570-226,457
EVOLV TECHNOLOGIES HLDNGS IN(EVLV)34,0900-34,090241,3390-241,339
LINDBLAD EXPEDITIONS HLDGS I(LIND)19,8000-19,800286,6920-286,692
EVE HLDG INC(EVEX)80,8800-80,880322,3550-322,355
NORWEGIAN CRUISE LINE HLDG L14,8090-14,809331,7480-331,748
VIKING HOLDINGS LTD(VIK)5,7100-5,710411,7000-411,700
SABLE OFFSHORE CORP(SOC)(Call)50,0000-50,000451,0000-451,000
SKYWEST INC(SKYW)4,7100-4,710475,8920-475,892
AMERICAN AIRLS GROUP INC(AAL)31,5800-31,580483,2620-483,262
ORACLE CORP(ORCL)2,6000-2,600512,7460-512,746
APPLIED DIGITAL CORP21,7000-21,700522,5360-522,536
COREWEAVE INC(CRWV)7,4000-7,400546,8600-546,860
STURM RUGER & CO INC22,9400-22,940746,0410-746,041
ISHARES TR9,3000-9,300995,0070-995,007
UNITED AIRLS HLDGS INC(UAL)9,7100-9,7101,080,3070-1,080,307
ALBEMARLE CORP(ALB)8,5000-8,5001,207,0850-1,207,085
BAYTEX ENERGY CORP(BTE)2,980,6981,885,306-1,095,3929,657,4628,427,3182.88%-1,230,144
SPHERE ENTERTAINMENT CO(SPHR)14,2700-14,2701,380,8730-1,380,873
COPA HOLDINGS SA(CPA)11,6600-11,6601,409,6100-1,409,610
ISHARES SILVER TR(SLV)26,1000-26,1001,800,3780-1,800,378
THOR INDS INC(THO)18,3600-18,3601,912,3610-1,912,361
WINNEBAGO INDS INC46,7000-46,7001,920,1080-1,920,108
OIL STS INTL INC288,0840-288,0841,983,2370-1,983,237
LIBERTY ENERGY INC(LBRT)117,7130-117,7132,200,0560-2,200,056
FERROGLOBE PLC1,450,4071,083,764-366,6436,700,8804,465,1081.53%-2,235,772
INFINITY NAT RES INC202,79511,770-191,0253,082,484207,2700.07%-2,875,214
CHEMOURS CO(CC)245,4000-245,4002,900,6280-2,900,628
BUNGE GLOBAL SA(BG)33,6000-33,6003,005,4860-3,005,486
ATLAS ENERGY SOLUTIONS INC(AESI)(Call)350,0000-350,0003,297,0000-3,297,000
VANGUARD SCOTTSDALE FDS35,7100-35,7103,574,7920-3,574,792
ATLAS ENERGY SOLUTIONS INC(AESI)407,3160-407,3163,900,6380-3,900,638
CENTURY ALUM CO(CENX)100,0000-100,0003,969,0000-3,969,000
SPDR SERIES TRUST62,5000-62,5004,090,0000-4,090,000
SPDR GOLD TR(GLD)12,1500-12,1504,846,5140-4,846,514
CVR ENERGY INC(CVI)199,2000-199,2005,028,0610-5,028,061
PHILLIPS 66(PSX)38,9000-38,9005,039,8840-5,039,884
ADVANCED MICRO DEVICES INC(Call)30,0003,500-26,5006,424,800712,005-5,712,795
OLIN CORP(OLN)505,833134,000-371,83310,609,5553,983,8201.36%-6,625,735
GREEN PLAINS INC(GPRE)747,1920-747,1927,270,1780-7,270,178
SUN CTRY AIRLS HLDGS INC555,9350-555,9358,001,5130-8,001,513
IAMGOLD CORP(IAG)493,6250-493,6258,268,2190-8,268,219
ISHARES BITCOIN TRUST ETF(IBIT)(Call)180,0000-180,0008,937,0000-8,937,000
SM ENERGY CO(SM)552,9050-552,90510,383,5560-10,383,556
LINDE PLC(LIN)24,3500-24,35010,430,5660-10,430,566
HUDBAY MINERALS INC(HBM)599,6000-599,60011,932,0400-11,932,040
DARLING INGREDIENTS INC(DAR)360,8030-360,80313,165,6780-13,165,678
AMPLIFY ENERGY CORP NEW3,147,130130,842-3,016,28814,571,212816,4540.28%-13,754,758
NUCOR CORP(NUE)86,5000-86,50014,255,2000-14,255,200
BARRICK MNG CORP(B)330,6000-330,60014,625,7440-14,625,744
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