Condire Management, LP Diversified Active

Location: Dallas, TX

CIK: 0001847739 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Feb 14, 2022

Total Value: $503M (100.0% shares, 0.0% debt)

Holdings (33)

SBSW SIBANYE STILLWATER LTD 12.1%

Value $60.74M Shares 4,843,513 Share Price $12.54 Est. Cost/Share $17.81 Unrealized @ Report Date —

CHRD OASIS PETROLEUM INC 12.0%

Value $60.18M Shares 477,635 Share Price $125.99 * Est. Cost/Share $55.49 Unrealized @ Report Date +41.9%

CGAU CENTERRA GOLD INC 9.3%

Value $46.79M Shares 6,065,676 Share Price $7.71 * Est. Cost/Share $7.28 Unrealized @ Report Date -7.6%

— ARCH RESOURCES INC 6.3%

Value $31.73M Shares 347,490 Share Price $91.32 Est. Cost/Share $92.60 Unrealized @ Report Date —

HBM HUDBAY MINERALS INC 6.1%

Value $30.81M Shares 4,250,137 Share Price $7.25 * Est. Cost/Share $7.09 Unrealized @ Report Date -2.2%

— GOLDEN STAR RES LTD CDA 5.4%

Value $26.92M Shares 7,029,766 Share Price $3.83 Est. Cost/Share $2.95 Unrealized @ Report Date —

NE1USD NOBLE CORP NEW 4.9%

Value $24.84M Shares 1,001,410 Share Price $24.81 Est. Cost/Share $26.60 Unrealized @ Report Date —

— WHITING PETE CORP NEW 4.9%

Value $24.83M Shares 383,959 Share Price $64.68 Est. Cost/Share $56.76 Unrealized @ Report Date —

VAL VALARIS LIMITED 4.9%

Value $24.57M Shares 682,581 Share Price $36.00 * Est. Cost/Share $29.49 Unrealized @ Report Date +18.1%

— ISHARES INC 4.2%

Value $21.1M Shares 754,800 Share Price $27.96 Est. Cost/Share — Unrealized @ Report Date —

RYAM RAYONIER ADVANCED MATLS INC 3.9%

Value $19.46M Shares 3,407,656 Share Price $5.71 * Est. Cost/Share $7.82 Unrealized @ Report Date -16.9%

KGC KINROSS GOLD CORP 3.5%

Value $17.75M Shares 3,055,766 Share Price $5.81 * Est. Cost/Share $6.96 Unrealized @ Report Date -14.1%

OXY OCCIDENTAL PETE CORP 3.2%

Value $15.95M Shares 550,000 Share Price $28.99 * Est. Cost/Share $29.61 Unrealized @ Report Date 0.0%

— VANECK ETF TRUST 3.2%

Value $15.89M Shares 500,000 Share Price $31.78 Est. Cost/Share — Unrealized @ Report Date —

— OCCIDENTAL PETE CORP 2.8%

Value $14M Shares 483,400 Share Price $28.97 Est. Cost/Share — Unrealized @ Report Date —

PBR PETROLEO BRASILEIRO SA PETRO 2.6%

Value $13.18M Shares 1,200,000 Share Price $10.98 Est. Cost/Share $10.34 Unrealized @ Report Date —

AA ALCOA CORP 2.2%

Value $11.29M Shares 189,418 Share Price $59.58 * Est. Cost/Share $47.93 Unrealized @ Report Date 0.0%

— ENETI INC 1.5%

Value $7.438M Shares 960,992 Share Price $7.74 Est. Cost/Share $20.30 Unrealized @ Report Date —

TDW TIDEWATER INC NEW 1.4%

Value $6.914M Shares 645,534 Share Price $10.71 * Est. Cost/Share $12.12 Unrealized @ Report Date -3.1%

— ISHARES SILVER TR 1.3%

Value $6.402M Shares 300,000 Share Price $21.34 Est. Cost/Share — Unrealized @ Report Date —

— APA CORPORATION 1.1%

Value $5.412M Shares 200,000 Share Price $27.06 Est. Cost/Share — Unrealized @ Report Date —

CF CF INDS HLDGS INC 0.6%

Value $3.166M Shares 44,732 Share Price $70.78 * Est. Cost/Share $57.35 Unrealized @ Report Date 0.0%

HMY HARMONY GOLD MINING CO LTD 0.5%

Value $2.641M Shares 642,520 Share Price $4.11 Est. Cost/Share $4.36 Unrealized @ Report Date —

SM SM ENERGY CO 0.5%

Value $2.547M Shares 86,390 Share Price $29.48 * Est. Cost/Share $28.83 Unrealized @ Report Date 0.0%

— PRETIUM RES INC 0.4%

Value $1.844M Shares 130,886 Share Price $14.09 Est. Cost/Share $14.09 Unrealized @ Report Date —

— CF INDS HLDGS INC 0.3%

Value $1.438M Shares 20,000 Share Price $71.90 Est. Cost/Share — Unrealized @ Report Date —

— VALE S A 0.3%

Value $1.408M Shares 100,000 Share Price $14.08 Est. Cost/Share — Unrealized @ Report Date —

— FORTUNA SILVER MINES INC 0.2%

Value $1.222M Shares 313,404 Share Price $3.90 Est. Cost/Share $6.47 Unrealized @ Report Date —

GFI GOLD FIELDS LTD 0.2%

Value $1.198M Shares 108,966 Share Price $10.99 Est. Cost/Share $10.99 Unrealized @ Report Date —

— MCEWEN MNG INC 0.1%

Value $477K Shares 537,799 Share Price $0.89 Est. Cost/Share $0.89 Unrealized @ Report Date —

RIG TRANSOCEAN LTD 0.1%

Value $308K Shares 111,641 Share Price $2.76 * Est. Cost/Share $3.39 Unrealized @ Report Date 0.0%

— MAG SILVER CORP 0.0%

Value $203K Shares 12,964 Share Price $15.66 Est. Cost/Share $15.66 Unrealized @ Report Date —

— HYCROFT MINING HOLDING CORP 0.0%

Value $15,000 Shares 128,100 Share Price $0.12 Est. Cost/Share $0.84 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SBSW	SIBANYE STILLWATER LTD	4,843,513	$60.74M	12.1%	$12.54	$17.81	—	SPONSORED ADR	82575P107
CHRD	OASIS PETROLEUM INC	477,635	$60.18M	12.0%	$125.99 *	$55.49	+41.9%	COM NEW	674215207
CGAU	CENTERRA GOLD INC	6,065,676	$46.79M	9.3%	$7.71 *	$7.28	-7.6%	COM	152006102
—	ARCH RESOURCES INC	347,490	$31.73M	6.3%	$91.32	$92.60	—	CL A	03940R107
HBM	HUDBAY MINERALS INC	4,250,137	$30.81M	6.1%	$7.25 *	$7.09	-2.2%	COM	443628102
—	GOLDEN STAR RES LTD CDA	7,029,766	$26.92M	5.4%	$3.83	$2.95	—	COM	38119T807
NE1USD	NOBLE CORP NEW	1,001,410	$24.84M	4.9%	$24.81	$26.60	—	SHS	G6610J209
—	WHITING PETE CORP NEW	383,959	$24.83M	4.9%	$64.68	$56.76	—	COM NEW	966387508
VAL	VALARIS LIMITED	682,581	$24.57M	4.9%	$36.00 *	$29.49	+18.1%	CL A	G9460G101
—	ISHARES INC	754,800	$21.1M	4.2%	$27.96	—	—	Call	464286900
RYAM	RAYONIER ADVANCED MATLS INC	3,407,656	$19.46M	3.9%	$5.71 *	$7.82	-16.9%	COM	75508B104
KGC	KINROSS GOLD CORP	3,055,766	$17.75M	3.5%	$5.81 *	$6.96	-14.1%	COM	496902404
OXY	OCCIDENTAL PETE CORP	550,000	$15.95M	3.2%	$28.99 *	$29.61	0.0%	COM	674599105
—	VANECK ETF TRUST	500,000	$15.89M	3.2%	$31.78	—	—	Call	92189F906
—	OCCIDENTAL PETE CORP	483,400	$14M	2.8%	$28.97	—	—	Call	674599905
PBR	PETROLEO BRASILEIRO SA PETRO	1,200,000	$13.18M	2.6%	$10.98	$10.34	—	SPONSORED ADR	71654V408
AA	ALCOA CORP	189,418	$11.29M	2.2%	$59.58 *	$47.93	0.0%	COM	013872106
—	ENETI INC	960,992	$7.438M	1.5%	$7.74	$20.30	—	COM	Y2294C107
TDW	TIDEWATER INC NEW	645,534	$6.914M	1.4%	$10.71 *	$12.12	-3.1%	COM	88642R109
—	ISHARES SILVER TR	300,000	$6.402M	1.3%	$21.34	—	—	Call	46428Q909
—	APA CORPORATION	200,000	$5.412M	1.1%	$27.06	—	—	Call	03743Q908
CF	CF INDS HLDGS INC	44,732	$3.166M	0.6%	$70.78 *	$57.35	0.0%	COM	125269100
HMY	HARMONY GOLD MINING CO LTD	642,520	$2.641M	0.5%	$4.11	$4.36	—	SPONSORED ADR	413216300
SM	SM ENERGY CO	86,390	$2.547M	0.5%	$29.48 *	$28.83	0.0%	COM	78454L100
—	PRETIUM RES INC	130,886	$1.844M	0.4%	$14.09	$14.09	—	COM	74139C102
—	CF INDS HLDGS INC	20,000	$1.438M	0.3%	$71.90	—	—	Call	125269900
—	VALE S A	100,000	$1.408M	0.3%	$14.08	—	—	Call	91912E905
—	FORTUNA SILVER MINES INC	313,404	$1.222M	0.2%	$3.90	$6.47	—	COM	349915108
GFI	GOLD FIELDS LTD	108,966	$1.198M	0.2%	$10.99	$10.99	—	SPONSORED ADR	38059T106
—	MCEWEN MNG INC	537,799	$477K	0.1%	$0.89	$0.89	—	COM	58039P107
RIG	TRANSOCEAN LTD	111,641	$308K	0.1%	$2.76 *	$3.39	0.0%	REG SHS	H8817H100
—	MAG SILVER CORP	12,964	$203K	0.0%	$15.66	$15.66	—	COM	55903Q104
—	HYCROFT MINING HOLDING CORP	128,100	$15,000	0.0%	$0.12	$0.84	—	*W EXP 10/06/202	44862P133