Goehring & Rozencwajg Associates, LLC Long-Term Concentrated

CIK: 0001863154 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: Apr 29, 2025

Total Value ($000): $551,721 (100.0% shares, 0.0% debt)

Holdings (42)

RRC RANGE RES CORP 10.5%

Value ($000) $57,803 Shares 1,435,376 Est. Cost $28.69 Unrealized +34.1%

NTR NUTRIEN LTD 6.4%

Value ($000) $35,237 Shares 671,829 Est. Cost $52.99 Unrealized -5.4%

AR ANTERO RESOURCES CORP 6.3%

Value ($000) $34,788 Shares 849,101 Est. Cost $32.09 Unrealized +19.5%

EQT EQT CORP 5.9%

Value ($000) $32,542 Shares 605,654 Est. Cost $37.64 Unrealized +34.3%

AGI ALAMOS GOLD INC NEW 5.8%

Value ($000) $31,915 Shares 1,223,257 Est. Cost $14.28 Unrealized +57.6%

CCJ CAMECO CORP 5.5%

Value ($000) $30,197 Shares 673,298 Est. Cost $26.71 Unrealized +75.9%

SDRL SEADRILL LTD 5.5%

Value ($000) $30,149 Shares 1,200,201 Est. Cost $37.05 Unrealized -16.4%

CNR CORE NATURAL RESOURCES INC 3.8%

Value ($000) $20,729 Shares 283,062 Est. Cost $84.05 Unrealized 0.0%

CNQ CANADIAN NAT RES LTD 2.9%

Value ($000) $16,231 Shares 526,765 Est. Cost $32.39 Unrealized -8.7%

LEU CENTRUS ENERGY CORP 2.9%

Value ($000) $15,774 Shares 212,362 Est. Cost $40.61 Unrealized +107.5%

MTDR MATADOR RES CO 2.8%

Value ($000) $15,278 Shares 292,069 Est. Cost $61.30 Unrealized -9.9%

MOS MOSAIC CO NEW 2.4%

Value ($000) $13,097 Shares 461,497 Est. Cost $40.41 Unrealized -36.4%

ORLA ORLA MNG LTD NEW 2.3%

Value ($000) $12,951 Shares 1,397,753 Est. Cost $3.81 Unrealized +86.3%

SKE SKEENA RES LTD NEW 2.3%

Value ($000) $12,563 Shares 1,165,367 Est. Cost $4.65 Unrealized +116.7%

EXE EXPAND ENERGY CORPORATION 2.2%

Value ($000) $12,204 Shares 111,704 Est. Cost $84.61 Unrealized +19.4%

SBSW SIBANYE STILLWATER LTD 2.2%

Value ($000) $12,044 Shares 2,749,710 Est. Cost $3.59 Unrealized —

FANG DIAMONDBACK ENERGY INC 2.0%

Value ($000) $11,044 Shares 69,684 Est. Cost $140.93 Unrealized +11.5%

EQX EQUINOX GOLD CORP 2.0%

Value ($000) $10,913 Shares 1,562,929 Est. Cost $4.61 Unrealized +38.9%

IE IVANHOE ELECTRIC INC 2.0%

Value ($000) $10,844 Shares 1,713,186 Est. Cost $12.07 Unrealized -47.5%

OII OCEANEERING INTL INC 1.9%

Value ($000) $10,230 Shares 470,545 Est. Cost $16.77 Unrealized +41.5%

NE NOBLE CORP PLC 1.8%

Value ($000) $10,093 Shares 404,510 Est. Cost $34.29 Unrealized -22.0%

UEC URANIUM ENERGY CORP 1.8%

Value ($000) $10,031 Shares 1,784,948 Est. Cost $4.08 Unrealized +53.8%

FCX FREEPORT-MCMORAN INC 1.7%

Value ($000) $9,390 Shares 230,701 Est. Cost $36.55 Unrealized +3.5%

AMR ALPHA METALLURGICAL RESOUR I 1.7%

Value ($000) $9,212 Shares 73,689 Est. Cost $192.16 Unrealized -15.3%

CRK COMSTOCK RES INC 1.4%

Value ($000) $7,910 Shares 398,707 Est. Cost $10.13 Unrealized +89.2%

SLB SCHLUMBERGER LTD 1.4%

Value ($000) $7,644 Shares 185,171 Est. Cost $46.16 Unrealized -13.6%

PAAS PAN AMERN SILVER CORP 1.4%

Value ($000) $7,461 Shares 282,599 Est. Cost $16.94 Unrealized +41.2%

NXE NEXGEN ENERGY LTD 1.3%

Value ($000) $7,423 Shares 1,472,899 Est. Cost $4.90 Unrealized +20.7%

VAL VALARIS LTD 1.3%

Value ($000) $6,899 Shares 170,940 Est. Cost $64.62 Unrealized -33.7%

CIVI CIVITAS RESOURCES INC 1.2%

Value ($000) $6,781 Shares 189,627 Est. Cost $52.04 Unrealized -19.9%

HBM HUDBAY MINERALS INC 1.2%

Value ($000) $6,628 Shares 797,648 Est. Cost $5.68 Unrealized +43.3%

IPI INTREPID POTASH INC 1.1%

Value ($000) $6,205 Shares 213,977 Est. Cost $31.72 Unrealized -16.8%

DNN DENISON MINES CORP 1.1%

Value ($000) $5,804 Shares 3,793,204 Est. Cost $1.40 Unrealized +19.2%

UUUU ENERGY FUELS INC 0.9%

Value ($000) $5,095 Shares 1,171,222 Est. Cost $6.39 Unrealized -25.0%

URG UR-ENERGY INC 0.6%

Value ($000) $3,059 Shares 3,220,120 Est. Cost $1.15 Unrealized -14.8%

RIG TRANSOCEAN LTD 0.5%

Value ($000) $2,841 Shares 876,712 Est. Cost $4.66 Unrealized -24.7%

CMCL CALEDONIA MNG CORP PLC 0.5%

Value ($000) $2,692 Shares 232,034 Est. Cost $10.30 Unrealized -2.3%

BORR BORR DRILLING LTD 0.5%

Value ($000) $2,556 Shares 1,056,112 Est. Cost $6.36 Unrealized -52.9%

TMQ TRILOGY METALS INC NEW 0.4%

Value ($000) $2,282 Shares 1,402,797 Est. Cost $0.57 Unrealized +140.1%

TFPM TRIPLE FLAG PRECIOUS METAL 0.4%

Value ($000) $1,957 Shares 101,856 Est. Cost $14.09 Unrealized +21.2%

EU ENCORE ENERGY CORP 0.3%

Value ($000) $1,929 Shares 1,161,923 Est. Cost $2.70 Unrealized -4.8%

NG NOVAGOLD RES INC 0.2%

Value ($000) $1,298 Shares 379,628 Est. Cost $4.74 Unrealized -32.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RRC	RANGE RES CORP	1,435,376	$57,803	10.5%	$28.69	+34.1%	COM	75281A109
NTR	NUTRIEN LTD	671,829	$35,237	6.4%	$52.99	-5.4%	COM	67077M108
AR	ANTERO RESOURCES CORP	849,101	$34,788	6.3%	$32.09	+19.5%	COM	03674X106
EQT	EQT CORP	605,654	$32,542	5.9%	$37.64	+34.3%	COM	26884L109
AGI	ALAMOS GOLD INC NEW	1,223,257	$31,915	5.8%	$14.28	+57.6%	COM CL A	011532108
CCJ	CAMECO CORP	673,298	$30,197	5.5%	$26.71	+75.9%	COM	13321L108
SDRL	SEADRILL LTD	1,200,201	$30,149	5.5%	$37.05	-16.4%	COM	G7997W102
CNR	CORE NATURAL RESOURCES INC	283,062	$20,729	3.8%	$84.05	0.0%	COM SHS	218937100
CNQ	CANADIAN NAT RES LTD	526,765	$16,231	2.9%	$32.39	-8.7%	COM	136385101
LEU	CENTRUS ENERGY CORP	212,362	$15,774	2.9%	$40.61	+107.5%	CL A	15643U104
MTDR	MATADOR RES CO	292,069	$15,278	2.8%	$61.30	-9.9%	COM	576485205
MOS	MOSAIC CO NEW	461,497	$13,097	2.4%	$40.41	-36.4%	COM	61945C103
ORLA	ORLA MNG LTD NEW	1,397,753	$12,951	2.3%	$3.81	+86.3%	COM	68634K106
SKE	SKEENA RES LTD NEW	1,165,367	$12,563	2.3%	$4.65	+116.7%	COM	83056P715
EXE	EXPAND ENERGY CORPORATION	111,704	$12,204	2.2%	$84.61	+19.4%	COM	165167735
SBSW	SIBANYE STILLWATER LTD	2,749,710	$12,044	2.2%	$3.59	—	SPONSORED ADR	82575P107
FANG	DIAMONDBACK ENERGY INC	69,684	$11,044	2.0%	$140.93	+11.5%	COM	25278X109
EQX	EQUINOX GOLD CORP	1,562,929	$10,913	2.0%	$4.61	+38.9%	COM	29446Y502
IE	IVANHOE ELECTRIC INC	1,713,186	$10,844	2.0%	$12.07	-47.5%	COM	46578C108
OII	OCEANEERING INTL INC	470,545	$10,230	1.9%	$16.77	+41.5%	COM	675232102
NE	NOBLE CORP PLC	404,510	$10,093	1.8%	$34.29	-22.0%	ORD SHS A	G65431127
UEC	URANIUM ENERGY CORP	1,784,948	$10,031	1.8%	$4.08	+53.8%	COM	916896103
FCX	FREEPORT-MCMORAN INC	230,701	$9,390	1.7%	$36.55	+3.5%	CL B	35671D857
AMR	ALPHA METALLURGICAL RESOUR I	73,689	$9,212	1.7%	$192.16	-15.3%	COM	020764106
CRK	COMSTOCK RES INC	398,707	$7,910	1.4%	$10.13	+89.2%	COM	205768302
SLB	SCHLUMBERGER LTD	185,171	$7,644	1.4%	$46.16	-13.6%	COM STK	806857108
PAAS	PAN AMERN SILVER CORP	282,599	$7,461	1.4%	$16.94	+41.2%	COM	697900108
NXE	NEXGEN ENERGY LTD	1,472,899	$7,423	1.3%	$4.90	+20.7%	COM	65340P106
VAL	VALARIS LTD	170,940	$6,899	1.3%	$64.62	-33.7%	CL A	G9460G101
CIVI	CIVITAS RESOURCES INC	189,627	$6,781	1.2%	$52.04	-19.9%	COM NEW	17888H103
HBM	HUDBAY MINERALS INC	797,648	$6,628	1.2%	$5.68	+43.3%	COM	443628102
IPI	INTREPID POTASH INC	213,977	$6,205	1.1%	$31.72	-16.8%	COM	46121Y201
DNN	DENISON MINES CORP	3,793,204	$5,804	1.1%	$1.40	+19.2%	COM	248356107
UUUU	ENERGY FUELS INC	1,171,222	$5,095	0.9%	$6.39	-25.0%	COM NEW	292671708
URG	UR-ENERGY INC	3,220,120	$3,059	0.6%	$1.15	-14.8%	COM	91688R108
RIG	TRANSOCEAN LTD	876,712	$2,841	0.5%	$4.66	-24.7%	REGISTERED SHS	H8817H100
CMCL	CALEDONIA MNG CORP PLC	232,034	$2,692	0.5%	$10.30	-2.3%	SHS NEW	G1757E113
BORR	BORR DRILLING LTD	1,056,112	$2,556	0.5%	$6.36	-52.9%	SHS	G1466R173
TMQ	TRILOGY METALS INC NEW	1,402,797	$2,282	0.4%	$0.57	+140.1%	COM	89621C105
TFPM	TRIPLE FLAG PRECIOUS METAL	101,856	$1,957	0.4%	$14.09	+21.2%	COM	89679M104
EU	ENCORE ENERGY CORP	1,161,923	$1,929	0.3%	$2.70	-4.8%	COM NEW	29259W700
NG	NOVAGOLD RES INC	379,628	$1,298	0.2%	$4.74	-32.1%	COM NEW	66987E206