Impala Asset Management LLC Quant / Systematic

Location: Palm Beach, FL

CIK: 0001317679 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $161M (100.0% shares, 0.0% debt)

Holdings (20)

ERO ERO COPPER CORP 19.6%

Value $31.63M Shares 1,707,400 Share Price $18.53 * Est. Cost/Share $17.85 Unrealized @ Report Date -14.7%

CENX CENTURY ALUM CO 12.6%

Value $20.23M Shares 689,000 Share Price $29.36 * Est. Cost/Share $13.76 Unrealized @ Report Date +64.7%

ASO ACADEMY SPORTS & OUTDOORS INC 12.3%

Value $19.86M Shares 397,115 Share Price $50.02 Est. Cost/Share $48.08 Unrealized @ Report Date +5.7%

HUN HUNTSMAN CORP 9.6%

Value $15.54M Shares 1,731,000 Share Price $8.98 * Est. Cost/Share $12.52 Unrealized @ Report Date -16.1%

BKE BUCKLE INC 8.7%

Value $13.96M Shares 238,000 Share Price $58.66 * Est. Cost/Share $32.73 Unrealized @ Report Date +54.1%

WLK WESTLAKE CORPORATION 5.5%

Value $8.862M Shares 115,000 Share Price $77.06 * Est. Cost/Share $82.33 Unrealized @ Report Date 0.0%

ANF ABERCROMBIE & FITCH CO CL A 4.3%

Value $6.972M Shares 81,500 Share Price $85.55 * Est. Cost/Share $119.13 Unrealized @ Report Date -21.7%

NGD NEW GOLD INC CDA 4.0%

Value $6.462M Shares 900,000 Share Price $7.18 * Est. Cost/Share $1.91 Unrealized @ Report Date +183.8%

— IVANHOE MINES LTD COM CL A 3.6%

Value $5.723M Shares 539,900 Share Price $10.60 Est. Cost/Share $9.74 Unrealized @ Report Date —

TROX TRONOX HOLDINGS PLC 3.1%

Value $4.935M Shares 1,227,600 Share Price $4.02 * Est. Cost/Share $7.74 Unrealized @ Report Date -40.9%

— ARCELORMITTAL SA 2.9%

Value $4.701M Shares 131,000 Share Price $35.89 Est. Cost/Share $31.38 Unrealized @ Report Date —

ARCB ARCBEST CORP 2.9%

Value $4.611M Shares 66,000 Share Price $69.87 * Est. Cost/Share $64.77 Unrealized @ Report Date +15.7%

— TRONOX HOLDINGS PLC 2.6%

Value $4.267M Shares 10,615 Share Price $402.00 Est. Cost/Share $5.25 Unrealized @ Report Date —

OLN OLIN CORP COM PAR $1 1.9%

Value $2.999M Shares 120,000 Share Price $24.99 * Est. Cost/Share $21.88 Unrealized @ Report Date 0.0%

SBLK STAR BULK CARRIERS CORP. SHS PAR 1.4%

Value $2.231M Shares 120,000 Share Price $18.59 Est. Cost/Share $18.84 Unrealized @ Report Date 0.0%

FLR FLUOR CORP NEW 1.3%

Value $2.134M Shares 50,718 Share Price $42.07 * Est. Cost/Share $46.02 Unrealized @ Report Date 0.0%

HAL HALLIBURTON CO 1.3%

Value $2.091M Shares 85,000 Share Price $24.60 * Est. Cost/Share $21.87 Unrealized @ Report Date 0.0%

FXI ISHARES TR CHINA LG-CAP 1.3%

Value $2.057M Shares 50,000 Share Price $41.14 Est. Cost/Share $41.14 Unrealized @ Report Date —

NTDOY NINTENDO LTD UNSPON ADS 0.7%

Value $1.174M Shares 55,000 Share Price $21.34 Est. Cost/Share $24.02 Unrealized @ Report Date —

CE CELANESE CORP DEL 0.4%

Value $631K Shares 15,000 Share Price $42.08 * Est. Cost/Share $49.73 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ERO	ERO COPPER CORP	1,707,400	$31.63M	19.6%	$18.53 *	$17.85	-14.7%	COM	296006109
CENX	CENTURY ALUM CO	689,000	$20.23M	12.6%	$29.36 *	$13.76	+64.7%	COM	156431108
ASO	ACADEMY SPORTS & OUTDOORS INC	397,115	$19.86M	12.3%	$50.02	$48.08	+5.7%	COM	00402L107
HUN	HUNTSMAN CORP	1,731,000	$15.54M	9.6%	$8.98 *	$12.52	-16.1%	COM	447011107
BKE	BUCKLE INC	238,000	$13.96M	8.7%	$58.66 *	$32.73	+54.1%	COM	118440106
WLK	WESTLAKE CORPORATION	115,000	$8.862M	5.5%	$77.06 *	$82.33	0.0%	COM	960413102
ANF	ABERCROMBIE & FITCH CO CL A	81,500	$6.972M	4.3%	$85.55 *	$119.13	-21.7%	CL A	002896207
NGD	NEW GOLD INC CDA	900,000	$6.462M	4.0%	$7.18 *	$1.91	+183.8%	COM	644535106
—	IVANHOE MINES LTD COM CL A	539,900	$5.723M	3.6%	$10.60	$9.74	—	CL A	45679R104
TROX	TRONOX HOLDINGS PLC	1,227,600	$4.935M	3.1%	$4.02 *	$7.74	-40.9%	SHS	G9087Q102
—	ARCELORMITTAL SA	131,000	$4.701M	2.9%	$35.89	$31.38	—	NY REGISTRY SH	03938L023
ARCB	ARCBEST CORP	66,000	$4.611M	2.9%	$69.87 *	$64.77	+15.7%	COM	03937C105
—	TRONOX HOLDINGS PLC	10,615	$4.267M	2.6%	$402.00	$5.25	—	CALL	G9087Q902
OLN	OLIN CORP COM PAR $1	120,000	$2.999M	1.9%	$24.99 *	$21.88	0.0%	COM PAR $1	680665205
SBLK	STAR BULK CARRIERS CORP. SHS PAR	120,000	$2.231M	1.4%	$18.59	$18.84	0.0%	SHS PAR	Y8162K204
FLR	FLUOR CORP NEW	50,718	$2.134M	1.3%	$42.07 *	$46.02	0.0%	COM	343412102
HAL	HALLIBURTON CO	85,000	$2.091M	1.3%	$24.60 *	$21.87	0.0%	COM	406216101
FXI	ISHARES TR CHINA LG-CAP	50,000	$2.057M	1.3%	$41.14	$41.14	—	ETF	464287184
NTDOY	NINTENDO LTD UNSPON ADS	55,000	$1.174M	0.7%	$21.34	$24.02	—	UNSPONS ADR	654445303
CE	CELANESE CORP DEL	15,000	$631K	0.4%	$42.08 *	$49.73	0.0%	COM	150870103