Condire Management, LP Diversified Active

Location: Dallas, TX

CIK: 0001847739 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value: $694M (100.0% shares, 0.0% debt)

Holdings (27)

NGD NEW GOLD INC CDA 23.3%

Value $162M Shares 32,739,918 Est. Cost $1.90 Unrealized +116.1%

HBM HUDBAY MINERALS INC 11.1%

Value $77.19M Shares 7,275,553 Est. Cost $6.46 Unrealized +28.9%

CHRD CHORD ENERGY CORPORATION 7.4%

Value $51.46M Shares 531,291 Est. Cost $75.73 Unrealized +21.4%

VAL VALARIS LTD 7.0%

Value $48.79M Shares 1,158,651 Est. Cost $50.76 Unrealized -25.9%

IAUX I-80 GOLD CORP 6.9%

Value $47.87M Shares 80,000,000 Est. Cost $0.59 Unrealized 0.0%

SBSW SIBANYE STILLWATER LTD 6.6%

Value $46.11M Shares 6,386,739 Est. Cost $12.94 Unrealized —

SDRL SEADRILL LTD 4.8%

Value $33.6M Shares 1,279,968 Est. Cost $37.43 Unrealized -37.0%

ODV OSISKO DEVELOPMENT CORP 3.9%

Value $26.86M Shares 12,551,934 Est. Cost $1.48 Unrealized +25.2%

SSRM SSR MINING IN 3.8%

Value $26.17M Shares 2,053,891 Est. Cost $11.28 Unrealized 0.0%

RYAM RAYONIER ADVANCED MATLS INC 3.5%

Value $24.47M Shares 6,356,130 Est. Cost $6.44 Unrealized -34.8%

XLB SELECT SECTOR SPDR TR 2.9%

Value $19.98M Shares 227,517 Est. Cost $87.81 Unrealized —

CVE CENOVUS ENERGY INC 2.2%

Value $14.96M Shares 1,100,000 Est. Cost $16.19 Unrealized -20.5%

CNR CORE NATURAL RESOURCES INC 2.0%

Value $14.06M Shares 201,663 Est. Cost $84.05 Unrealized -15.7%

TDW TIDEWATER INC NEW 1.9%

Value $13.19M Shares 285,900 Est. Cost $64.75 Unrealized -37.4%

CDLR CADELER A S 1.8%

Value $12.41M Shares 624,400 Est. Cost $18.40 Unrealized —

AEM AGNICO EAGLE MINES LTD 1.6%

Value $11.32M Shares 95,186 Est. Cost $47.56 Unrealized +142.3%

PPTA PERPETUA RESOURCES CORP 1.6%

Value $10.81M Shares 890,459 Est. Cost $7.61 Unrealized +77.1%

XME SPDR SERIES TRUST 1.5%

Value $10.22M Shares 152,085 Est. Cost $67.22 Unrealized —

— VITAL ENERGY INC 1.2%

Value $8.543M Shares 530,981 Est. Cost $30.92 Unrealized —

INSW INTERNATIONAL SEAWAYS INC 1.0%

Value $7.105M Shares 194,763 Est. Cost $34.25 Unrealized +0.0%

HL HECLA MNG CO 0.9%

Value $5.99M Shares 1,000,000 Est. Cost $5.51 Unrealized 0.0%

CIVI CIVITAS RESOURCES INC 0.8%

Value $5.504M Shares 200,000 Est. Cost $46.35 Unrealized -40.3%

EXK ENDEAVOUR SILVER CORP 0.7%

Value $4.92M Shares 1,000,000 Est. Cost $3.94 Unrealized 0.0%

CDE COEUR MNG INC 0.6%

Value $4.43M Shares 500,000 Est. Cost $7.28 Unrealized 0.0%

TEN TSAKOS ENERGY NAVIGATION LTD 0.5%

Value $3.665M Shares 190,977 Est. Cost $17.42 Unrealized +0.6%

XLE SELECT SECTOR SPDR TR 0.2%

Value $1.529M Shares 18,030 Est. Cost $88.44 Unrealized —

MUX MCEWEN INC. 0.2%

Value $1.086M Shares 113,000 Est. Cost $9.23 Unrealized -11.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NGD	NEW GOLD INC CDA	32,739,918	$162M	23.3%	$1.90	+116.1%	COM	644535106
HBM	HUDBAY MINERALS INC	7,275,553	$77.19M	11.1%	$6.46	+28.9%	COM	443628102
CHRD	CHORD ENERGY CORPORATION	531,291	$51.46M	7.4%	$75.73	+21.4%	COM NEW	674215207
VAL	VALARIS LTD	1,158,651	$48.79M	7.0%	$50.76	-25.9%	CL A	G9460G101
IAUX	I-80 GOLD CORP	80,000,000	$47.87M	6.9%	$0.59	0.0%	COM	44955L106
SBSW	SIBANYE STILLWATER LTD	6,386,739	$46.11M	6.6%	$12.94	—	SPONSORED ADR	82575P107
SDRL	SEADRILL LTD	1,279,968	$33.6M	4.8%	$37.43	-37.0%	COM	G7997W102
ODV	OSISKO DEVELOPMENT CORP	12,551,934	$26.86M	3.9%	$1.48	+25.2%	COM NEW	68828E809
SSRM	SSR MINING IN	2,053,891	$26.17M	3.8%	$11.28	0.0%	COM	784730103
RYAM	RAYONIER ADVANCED MATLS INC	6,356,130	$24.47M	3.5%	$6.44	-34.8%	COM	75508B104
XLB	SELECT SECTOR SPDR TR	227,517	$19.98M	2.9%	$87.81	—	SBI MATERIALS	81369Y100
CVE	CENOVUS ENERGY INC	1,100,000	$14.96M	2.2%	$16.19	-20.5%	COM	15135U109
CNR	CORE NATURAL RESOURCES INC	201,663	$14.06M	2.0%	$84.05	-15.7%	COM SHS	218937100
TDW	TIDEWATER INC NEW	285,900	$13.19M	1.9%	$64.75	-37.4%	COM	88642R109
CDLR	CADELER A S	624,400	$12.41M	1.8%	$18.40	—	SPON ADR	12738K109
AEM	AGNICO EAGLE MINES LTD	95,186	$11.32M	1.6%	$47.56	+142.3%	COM	008474108
PPTA	PERPETUA RESOURCES CORP	890,459	$10.81M	1.6%	$7.61	+77.1%	COM	714266103
XME	SPDR SERIES TRUST	152,085	$10.22M	1.5%	$67.22	—	S&P METALS MNG	78464A755
—	VITAL ENERGY INC	530,981	$8.543M	1.2%	$30.92	—	COM	516806205
INSW	INTERNATIONAL SEAWAYS INC	194,763	$7.105M	1.0%	$34.25	+0.0%	COM	Y41053102
HL	HECLA MNG CO	1,000,000	$5.99M	0.9%	$5.51	0.0%	COM	422704106
CIVI	CIVITAS RESOURCES INC	200,000	$5.504M	0.8%	$46.35	-40.3%	COM NEW	17888H103
EXK	ENDEAVOUR SILVER CORP	1,000,000	$4.92M	0.7%	$3.94	0.0%	COM	29258Y103
CDE	COEUR MNG INC	500,000	$4.43M	0.6%	$7.28	0.0%	COM NEW	192108504
TEN	TSAKOS ENERGY NAVIGATION LTD	190,977	$3.665M	0.5%	$17.42	+0.6%	SHS	G9108L173
XLE	SELECT SECTOR SPDR TR	18,030	$1.529M	0.2%	$88.44	—	ENERGY	81369Y506
MUX	MCEWEN INC.	113,000	$1.086M	0.2%	$9.23	-11.7%	COM NEW	58039P305