Goehring & Rozencwajg Associates, LLC Long-Term Concentrated

CIK: 0001863154 · Show all filings

Period: Q4 2022 (Next →)

Filing Date: Mar 1, 2023

Total Value ($000): $281,347 (100.0% shares, 0.0% debt)

Holdings (47)

RRC RANGE RES CORP 8.9%

Value ($000) $25,166 Shares 1,004,975 Est. Cost $27.38 Unrealized 0.0%

AR ANTERO RESOURCES CORP 6.1%

Value ($000) $17,219 Shares 554,500 Est. Cost $34.55 Unrealized 0.0%

— PIONEER NAT RES CO 5.5%

Value ($000) $15,447 Shares 67,710 Est. Cost $228.13 Unrealized —

CCJ CAMECO CORP 4.9%

Value ($000) $13,653 Shares 602,932 Est. Cost $23.32 Unrealized 0.0%

EQT EQT CORP 4.8%

Value ($000) $13,479 Shares 397,667 Est. Cost $38.26 Unrealized 0.0%

MOS MOSAIC CO NEW 4.6%

Value ($000) $12,889 Shares 293,503 Est. Cost $45.32 Unrealized 0.0%

MTDR MATADOR RES CO 4.0%

Value ($000) $11,120 Shares 194,439 Est. Cost $63.09 Unrealized 0.0%

— CONSOL ENERGY INC NEW 3.7%

Value ($000) $10,361 Shares 161,988 Est. Cost $63.96 Unrealized —

NTR NUTRIEN LTD 3.2%

Value ($000) $9,091 Shares 124,472 Est. Cost $71.13 Unrealized 0.0%

— PDC ENERGY INC 3.2%

Value ($000) $9,018 Shares 142,095 Est. Cost $63.47 Unrealized —

AMR ALPHA METALLURGICAL RESOUR I 3.0%

Value ($000) $8,540 Shares 58,340 Est. Cost $151.65 Unrealized 0.0%

CIVI CIVITAS RESOURCES INC 2.7%

Value ($000) $7,735 Shares 133,643 Est. Cost $48.65 Unrealized 0.0%

CF CF INDS HLDGS INC 2.7%

Value ($000) $7,601 Shares 89,345 Est. Cost $94.52 Unrealized 0.0%

EXE CHESAPEAKE ENERGY CORP 2.4%

Value ($000) $6,891 Shares 72,992 Est. Cost $87.94 Unrealized 0.0%

— ARCH RESOURCES INC 2.3%

Value ($000) $6,457 Shares 45,257 Est. Cost $142.68 Unrealized —

SLB SCHLUMBERGER LTD 2.3%

Value ($000) $6,376 Shares 119,922 Est. Cost $46.08 Unrealized 0.0%

— CHAMPIONX CORPORATION 2.2%

Value ($000) $6,104 Shares 211,315 Est. Cost $28.88 Unrealized —

FANG DIAMONDBACK ENERGY INC 2.1%

Value ($000) $5,927 Shares 43,349 Est. Cost $127.99 Unrealized 0.0%

— DIAMOND OFFSHORE DRILLING IN 2.1%

Value ($000) $5,881 Shares 567,361 Est. Cost $10.37 Unrealized —

APA APA CORPORATION 2.0%

Value ($000) $5,738 Shares 123,753 Est. Cost $40.05 Unrealized 0.0%

FCX FREEPORT-MCMORAN INC 2.0%

Value ($000) $5,641 Shares 148,933 Est. Cost $33.48 Unrealized 0.0%

NE NOBLE CORP PLC 1.8%

Value ($000) $5,029 Shares 133,594 Est. Cost $31.04 Unrealized 0.0%

OII OCEANEERING INTL INC 1.8%

Value ($000) $5,002 Shares 286,968 Est. Cost $13.29 Unrealized 0.0%

UUUU ENERGY FUELS INC 1.5%

Value ($000) $4,234 Shares 682,815 Est. Cost $6.62 Unrealized 0.0%

LEU CENTRUS ENERGY CORP 1.5%

Value ($000) $4,187 Shares 128,989 Est. Cost $38.14 Unrealized 0.0%

CTVA CORTEVA INC 1.4%

Value ($000) $3,894 Shares 66,243 Est. Cost $61.14 Unrealized 0.0%

NXE NEXGEN ENERGY LTD 1.4%

Value ($000) $3,814 Shares 863,327 Est. Cost $4.17 Unrealized 0.0%

IPI INTREPID POTASH INC 1.3%

Value ($000) $3,726 Shares 129,001 Est. Cost $37.05 Unrealized 0.0%

ORLA ORLA MNG LTD NEW 1.2%

Value ($000) $3,440 Shares 851,319 Est. Cost $3.59 Unrealized 0.0%

OVV OVINTIV INC 1.1%

Value ($000) $2,958 Shares 58,369 Est. Cost $52.26 Unrealized 0.0%

ERO ERO COPPER CORP 1.0%

Value ($000) $2,844 Shares 206,749 Est. Cost $12.37 Unrealized 0.0%

IE IVANHOE ELECTRIC INC 1.0%

Value ($000) $2,839 Shares 233,334 Est. Cost $10.48 Unrealized 0.0%

UEC URANIUM ENERGY CORP 1.0%

Value ($000) $2,828 Shares 731,073 Est. Cost $3.80 Unrealized 0.0%

PAAS PAN AMERN SILVER CORP 1.0%

Value ($000) $2,755 Shares 168,517 Est. Cost $16.00 Unrealized 0.0%

— LAREDO PETROLEUM INC 1.0%

Value ($000) $2,681 Shares 52,163 Est. Cost $51.40 Unrealized —

DNN DENISON MINES CORP 1.0%

Value ($000) $2,676 Shares 2,330,129 Est. Cost $1.18 Unrealized 0.0%

NOV NOV INC 0.9%

Value ($000) $2,565 Shares 122,919 Est. Cost $20.99 Unrealized 0.0%

VAL VALARIS LIMITED 0.9%

Value ($000) $2,412 Shares 35,730 Est. Cost $62.39 Unrealized 0.0%

RIG TRANSOCEAN LTD 0.8%

Value ($000) $2,335 Shares 512,340 Est. Cost $3.86 Unrealized 0.0%

EQX EQUINOX GOLD CORP 0.8%

Value ($000) $2,182 Shares 665,957 Est. Cost $3.45 Unrealized 0.0%

CMCL CALEDONIA MNG CORP PLC 0.6%

Value ($000) $1,732 Shares 141,177 Est. Cost $9.86 Unrealized 0.0%

PR PERMIAN RESOURCES CORP 0.6%

Value ($000) $1,557 Shares 165,840 Est. Cost $9.58 Unrealized 0.0%

SKE SKEENA RES LTD NEW 0.5%

Value ($000) $1,457 Shares 274,065 Est. Cost $5.07 Unrealized 0.0%

NG NOVAGOLD RES INC 0.5%

Value ($000) $1,269 Shares 212,183 Est. Cost $5.33 Unrealized 0.0%

— MAVERIX METALS INC 0.3%

Value ($000) $939 Shares 201,498 Est. Cost $4.66 Unrealized —

— CALLON PETE CO DEL 0.3%

Value ($000) $914 Shares 24,725 Est. Cost $36.98 Unrealized —

TMQ TRILOGY METALS INC NEW 0.3%

Value ($000) $740 Shares 1,373,669 Est. Cost $0.58 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RRC	RANGE RES CORP	1,004,975	$25,166	8.9%	$27.38	0.0%	COM	75281A109
AR	ANTERO RESOURCES CORP	554,500	$17,219	6.1%	$34.55	0.0%	COM	03674X106
—	PIONEER NAT RES CO	67,710	$15,447	5.5%	$228.13	—	COM	723787107
CCJ	CAMECO CORP	602,932	$13,653	4.9%	$23.32	0.0%	COM	13321L108
EQT	EQT CORP	397,667	$13,479	4.8%	$38.26	0.0%	COM	26884L109
MOS	MOSAIC CO NEW	293,503	$12,889	4.6%	$45.32	0.0%	COM	61945C103
MTDR	MATADOR RES CO	194,439	$11,120	4.0%	$63.09	0.0%	COM	576485205
—	CONSOL ENERGY INC NEW	161,988	$10,361	3.7%	$63.96	—	COM	20854L108
NTR	NUTRIEN LTD	124,472	$9,091	3.2%	$71.13	0.0%	COM	67077M108
—	PDC ENERGY INC	142,095	$9,018	3.2%	$63.47	—	COM	69327R101
AMR	ALPHA METALLURGICAL RESOUR I	58,340	$8,540	3.0%	$151.65	0.0%	COM	020764106
CIVI	CIVITAS RESOURCES INC	133,643	$7,735	2.7%	$48.65	0.0%	COM NEW	17888H103
CF	CF INDS HLDGS INC	89,345	$7,601	2.7%	$94.52	0.0%	COM	125269100
EXE	CHESAPEAKE ENERGY CORP	72,992	$6,891	2.4%	$87.94	0.0%	COM	165167735
—	ARCH RESOURCES INC	45,257	$6,457	2.3%	$142.68	—	CL A	03940R107
SLB	SCHLUMBERGER LTD	119,922	$6,376	2.3%	$46.08	0.0%	COM STK	806857108
—	CHAMPIONX CORPORATION	211,315	$6,104	2.2%	$28.88	—	COM	15872M104
FANG	DIAMONDBACK ENERGY INC	43,349	$5,927	2.1%	$127.99	0.0%	COM	25278X109
—	DIAMOND OFFSHORE DRILLING IN	567,361	$5,881	2.1%	$10.37	—	COM	25271C201
APA	APA CORPORATION	123,753	$5,738	2.0%	$40.05	0.0%	COM	03743Q108
FCX	FREEPORT-MCMORAN INC	148,933	$5,641	2.0%	$33.48	0.0%	CL B	35671D857
NE	NOBLE CORP PLC	133,594	$5,029	1.8%	$31.04	0.0%	ORD SHS A	G65431127
OII	OCEANEERING INTL INC	286,968	$5,002	1.8%	$13.29	0.0%	COM	675232102
UUUU	ENERGY FUELS INC	682,815	$4,234	1.5%	$6.62	0.0%	COM NEW	292671708
LEU	CENTRUS ENERGY CORP	128,989	$4,187	1.5%	$38.14	0.0%	CL A	15643U104
CTVA	CORTEVA INC	66,243	$3,894	1.4%	$61.14	0.0%	COM	22052L104
NXE	NEXGEN ENERGY LTD	863,327	$3,814	1.4%	$4.17	0.0%	COM	65340P106
IPI	INTREPID POTASH INC	129,001	$3,726	1.3%	$37.05	0.0%	COM	46121Y201
ORLA	ORLA MNG LTD NEW	851,319	$3,440	1.2%	$3.59	0.0%	COM	68634K106
OVV	OVINTIV INC	58,369	$2,958	1.1%	$52.26	0.0%	COM	69047Q102
ERO	ERO COPPER CORP	206,749	$2,844	1.0%	$12.37	0.0%	COM	296006109
IE	IVANHOE ELECTRIC INC	233,334	$2,839	1.0%	$10.48	0.0%	COM	46578C108
UEC	URANIUM ENERGY CORP	731,073	$2,828	1.0%	$3.80	0.0%	COM	916896103
PAAS	PAN AMERN SILVER CORP	168,517	$2,755	1.0%	$16.00	0.0%	COM	697900108
—	LAREDO PETROLEUM INC	52,163	$2,681	1.0%	$51.40	—	COM	516806205
DNN	DENISON MINES CORP	2,330,129	$2,676	1.0%	$1.18	0.0%	COM	248356107
NOV	NOV INC	122,919	$2,565	0.9%	$20.99	0.0%	COM	62955J103
VAL	VALARIS LIMITED	35,730	$2,412	0.9%	$62.39	0.0%	CL A	G9460G101
RIG	TRANSOCEAN LTD	512,340	$2,335	0.8%	$3.86	0.0%	REG SHS	H8817H100
EQX	EQUINOX GOLD CORP	665,957	$2,182	0.8%	$3.45	0.0%	COM	29446Y502
CMCL	CALEDONIA MNG CORP PLC	141,177	$1,732	0.6%	$9.86	0.0%	SHS NEW	G1757E113
PR	PERMIAN RESOURCES CORP	165,840	$1,557	0.6%	$9.58	0.0%	CLASS A COM	71424F105
SKE	SKEENA RES LTD NEW	274,065	$1,457	0.5%	$5.07	0.0%	COM	83056P715
NG	NOVAGOLD RES INC	212,183	$1,269	0.5%	$5.33	0.0%	COM NEW	66987E206
—	MAVERIX METALS INC	201,498	$939	0.3%	$4.66	—	COM NEW	57776F405
—	CALLON PETE CO DEL	24,725	$914	0.3%	$36.98	—	COM	13123X508
TMQ	TRILOGY METALS INC NEW	1,373,669	$740	0.3%	$0.58	0.0%	COM	89621C105