Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q1 2025 ▲▼ | Q2 2025 ▲▼ | Change ▲▼ | Q1 2025 ▲▼ | Q2 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| PERMIAN BASIN RTY TR(PBT) | 4,429,695 | 6,206,624 | +1,776,929 | 43,898 | 77,335 | 15.69% | +33,436 |
| ALLIANCE RESOURCE PARTNERS L(ARLP)(Call) | 500,000 | 500,000 | 0 | 13,640 | 13,070 | — | -570 |
| SPDR SERIES TRUST(Call) SP O&G EXPL PRO | 450,000 | 450,000 | 0 | 59,270 | 56,610 | — | -2,659 |
| TEXAS PACIFIC LAND CORPORATI(TPL) | 393,300 | 393,300 | 0 | 521,119 | 415,478 | 84.31% | -105,640 |
| SPDR SERIES TRUST(Put) SP O&G EXPL PRO | 1,760,000 | 868,000 | -892,000 | 231,810 | 109,194 | — | -122,615 |
| SPDR S&P 500 ETF TR(SPY)(Put) | 450,000 | 200,000 | -250,000 | 251,726 | 123,570 | — | -128,155 |