Impala Asset Management LLC Quant / Systematic

Location: Palm Beach, FL

CIK: 0001317679 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $158M (100.0% shares, 0.0% debt)

Holdings (23)

ERO ERO COPPER CORP 18.0%

Value $28.49M Shares 1,699,100 Share Price $16.77 * Est. Cost/Share $17.85 Unrealized @ Report Date -24.3%

ASO ACADEMT SPORTS & OUTDOORS INC 13.7%

Value $21.61M Shares 481,924 Share Price $44.85 * Est. Cost/Share $48.08 Unrealized @ Report Date -14.4%

BKE BUCKLE INC 10.2%

Value $16.19M Shares 357,038 Share Price $45.35 * Est. Cost/Share $32.73 Unrealized @ Report Date +11.8%

CENX CENTURY ALUM CO 9.2%

Value $14.49M Shares 803,894 Share Price $18.02 * Est. Cost/Share $13.76 Unrealized @ Report Date +23.4%

HUN HUNTSMAN CORP 8.0%

Value $12.64M Shares 1,155,200 Share Price $10.94 * Est. Cost/Share $13.53 Unrealized @ Report Date -9.9%

TECK TECK RESOURCES LTD 7.3%

Value $11.6M Shares 287,382 Share Price $40.38 * Est. Cost/Share $41.48 Unrealized @ Report Date -12.9%

ANF ABERCROMBIE & FITCH CO 5.2%

Value $8.202M Shares 99,000 Share Price $82.85 * Est. Cost/Share $119.13 Unrealized @ Report Date -36.3%

TROX TRONOX HOLDINGS PLC 3.7%

Value $5.907M Shares 1,165,000 Share Price $5.07 * Est. Cost/Share $7.91 Unrealized @ Report Date -31.2%

— ARCELORMITTAL SA LUXEMBOURG 3.7%

Value $5.875M Shares 185,558 Share Price $31.66 Est. Cost/Share $31.38 Unrealized @ Report Date —

ARCB ARCBEST CORP 3.5%

Value $5.468M Shares 71,000 Share Price $77.01 * Est. Cost/Share $64.77 Unrealized @ Report Date 0.0%

NGD NEW GOLD INC CDA 2.9%

Value $4.653M Shares 940,000 Share Price $4.95 * Est. Cost/Share $1.91 Unrealized @ Report Date +115.5%

UPS UNITED PARCEL SERVICE 2.1%

Value $3.331M Shares 33,000 Share Price $100.94 * Est. Cost/Share $94.10 Unrealized @ Report Date 0.0%

— TRONOX HOLDINGS PLC 2.1%

Value $3.302M Shares 651,300 Share Price $5.07 Est. Cost/Share $5.25 Unrealized @ Report Date —

SLB SCHLUMBERGER LTD 1.9%

Value $3.043M Shares 90,042 Share Price $33.80 Est. Cost/Share $36.27 Unrealized @ Report Date -6.4%

VIK VIKING HOLDINGS LTD 1.5%

Value $2.398M Shares 45,000 Share Price $53.29 * Est. Cost/Share $44.14 Unrealized @ Report Date 0.0%

COP CONOCOPHILLIPS 1.3%

Value $2.019M Shares 22,500 Share Price $89.74 Est. Cost/Share $102.31 Unrealized @ Report Date -14.0%

NTDOY NINTENDO CO LTD 1.1%

Value $1.72M Shares 71,600 Share Price $24.02 Est. Cost/Share $24.02 Unrealized @ Report Date —

AMR ALPHA METALLURGICAL RESOURCE INC 1.0%

Value $1.575M Shares 14,000 Share Price $112.48 * Est. Cost/Share $116.88 Unrealized @ Report Date 0.0%

CVX CHEVRON CORP 0.9%

Value $1.432M Shares 10,000 Share Price $143.19 * Est. Cost/Share $137.00 Unrealized @ Report Date 0.0%

NEU NEWMONT CORP 0.7%

Value $1.165M Shares 20,000 Share Price $58.26 * Est. Cost/Share $518.78 Unrealized @ Report Date +18.3%

— IVANHOE MINES LTD 0.7%

Value $1.127M Shares 150,000 Share Price $7.51 Est. Cost/Share $7.51 Unrealized @ Report Date —

EWZ ISHARES MSCI BRAZIL ETF 0.6%

Value $981K Shares 34,000 Share Price $28.85 Est. Cost/Share $28.85 Unrealized @ Report Date —

HBM HUDBAY MINERALS INC 0.5%

Value $762K Shares 71,800 Share Price $10.61 * Est. Cost/Share $8.33 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ERO	ERO COPPER CORP	1,699,100	$28.49M	18.0%	$16.77 *	$17.85	-24.3%	COM	296006109
ASO	ACADEMT SPORTS & OUTDOORS INC	481,924	$21.61M	13.7%	$44.85 *	$48.08	-14.4%	COM	00402L107
BKE	BUCKLE INC	357,038	$16.19M	10.2%	$45.35 *	$32.73	+11.8%	COM	118440106
CENX	CENTURY ALUM CO	803,894	$14.49M	9.2%	$18.02 *	$13.76	+23.4%	COM	156431108
HUN	HUNTSMAN CORP	1,155,200	$12.64M	8.0%	$10.94 *	$13.53	-9.9%	COM	447011107
TECK	TECK RESOURCES LTD	287,382	$11.6M	7.3%	$40.38 *	$41.48	-12.9%	CL B	878742204
ANF	ABERCROMBIE & FITCH CO	99,000	$8.202M	5.2%	$82.85 *	$119.13	-36.3%	CL A	002896207
TROX	TRONOX HOLDINGS PLC	1,165,000	$5.907M	3.7%	$5.07 *	$7.91	-31.2%	SHS	G9087Q102
—	ARCELORMITTAL SA LUXEMBOURG	185,558	$5.875M	3.7%	$31.66	$31.38	—	NY REGISTRY SH	03938L023
ARCB	ARCBEST CORP	71,000	$5.468M	3.5%	$77.01 *	$64.77	0.0%	COM	03937C105
NGD	NEW GOLD INC CDA	940,000	$4.653M	2.9%	$4.95 *	$1.91	+115.5%	COM	644535106
UPS	UNITED PARCEL SERVICE	33,000	$3.331M	2.1%	$100.94 *	$94.10	0.0%	CL B	911312106
—	TRONOX HOLDINGS PLC	651,300	$3.302M	2.1%	$5.07	$5.25	—	CALL	G9087Q902
SLB	SCHLUMBERGER LTD	90,042	$3.043M	1.9%	$33.80	$36.27	-6.4%	COM STK	806857108
VIK	VIKING HOLDINGS LTD	45,000	$2.398M	1.5%	$53.29 *	$44.14	0.0%	ORD SHS	G93A5A101
COP	CONOCOPHILLIPS	22,500	$2.019M	1.3%	$89.74	$102.31	-14.0%	COM	20825C104
NTDOY	NINTENDO CO LTD	71,600	$1.72M	1.1%	$24.02	$24.02	—	UNSPONS ADR	654445303
AMR	ALPHA METALLURGICAL RESOURCE INC	14,000	$1.575M	1.0%	$112.48 *	$116.88	0.0%	COM	020764106
CVX	CHEVRON CORP	10,000	$1.432M	0.9%	$143.19 *	$137.00	0.0%	COM	166764100
NEU	NEWMONT CORP	20,000	$1.165M	0.7%	$58.26 *	$518.78	+18.3%	COM	651587107
—	IVANHOE MINES LTD	150,000	$1.127M	0.7%	$7.51	$7.51	—	CL A	45679R104
EWZ	ISHARES MSCI BRAZIL ETF	34,000	$981K	0.6%	$28.85	$28.85	—	MSCI BRAZIL ETF	464286400
HBM	HUDBAY MINERALS INC	71,800	$762K	0.5%	$10.61 *	$8.33	0.0%	COM	443628102