Location: Baltimore, MD
CIK: 0000216851 · Show all filings
Period: Q2 2026 (← Previous)
Filing Date: Jul 22, 2026
Total Value: $763M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| XOM | Exxon Mobil Corporation | 1,346,355 | $184M | 24.1% | $136.72 | $136.72 | — | COM | 30233Q108 |
| DD | DuPont de Nemours, Inc. | 31,642 | $4.292M | 0.6% | $135.64 | $135.64 | — | COM | 26614N201 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| VLO | Valero Energy Corporation | 113,700 (+19.7%) | $29.61M (+26.2%) | 3.9% | $260.44 | $151.60 | — | COM | 91913Y100 |
| OXY | Occidental Petroleum Corporation | 306,551 (+84.7%) | $14.89M (+38.0%) | 2.0% | $48.57 | $45.57 | — | COM | 674599105 |
| SHW | Sherwin-Williams Company | 33,700 (+39.8%) | $11.6M (+50.2%) | 1.5% | $344.32 | $318.12 | — | COM | 824348106 |
| IFF | International Flavors & Fragrances Inc. | 66,506 (+229.1%) | $5.269M (+259.4%) | 0.7% | $79.22 | $85.89 | — | COM | 459506101 |
| COP | ConocoPhillips | 444,303 (+17.8%) | $46.19M (-7.2%) | 6.1% | $103.96 | $64.62 | — | COM | 20825C104 |
| EXE | Expand Energy Corporation | 88,500 (+90.7%) | $8.07M (+58.4%) | 1.1% | $91.19 | $89.74 | — | COM | 165167735 |
| HAL | Halliburton Company | 353,053 (+2.4%) | $11.99M (-10.9%) | 1.6% | $33.95 | $29.07 | — | COM | 406216101 |
| FANG | Diamondback Energy, Inc. | 83,800 (+12.9%) | $14.73M (+0.4%) | 1.9% | $175.78 | $123.02 | — | COM | 25278X109 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| XOM | Exxon Mobil Corporation | 1,334,555 | $226M | 29.7% | $169.66 | $66.80 | — | — | 30231G102 |
| CVE | Cenovus Energy Inc. | 209,900 | $5.569M | 0.7% | $26.53 | $15.61 | — | — | 15135U109 |
| CTRA | Coterra Energy Inc. | 120,800 | $4.245M | 0.6% | $35.14 | $25.36 | — | — | 127097103 |
| DD | DuPont de Nemours, Inc. | 78,626 | $3.601M | 0.5% | $45.80 | $28.66 | — | — | 26614N102 |
| CCK | Crown Holdings, Inc. | 29,600 | $2.967M | 0.4% | $100.25 | $89.91 | — | — | 228368106 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| CVX | Chevron Corporation | 586,624 (-4.6%) | $97.24M (-23.5%) | 12.7% | $165.76 | $139.92 | — | COM | 166764100 |
| DVN | Devon Energy Corporation | 261,760 (-29.7%) | $10.82M (-42.3%) | 1.4% | $41.32 | $34.31 | — | COM | 25179M103 |
| EQT | EQT Corporation | 153,000 (-31.7%) | $8.135M (-42.9%) | 1.1% | $53.17 | $48.24 | — | COM | 26884L109 |
| PSX | Phillips 66 | 141,475 (-9.0%) | $23.92M (-15.6%) | 3.1% | $169.05 | $109.50 | — | COM | 718546104 |
| NEM | Newmont Corporation | 120,100 (-6.5%) | $11.22M (-19.3%) | 1.5% | $93.40 | $40.05 | — | COM | 651639106 |
| WMB | Williams Companies, Inc. | 425,250 (-7.0%) | $31.61M (-5.0%) | 4.1% | $74.34 | $56.69 | — | COM | 969457100 |
| PKG | Packaging Corporation of America | 5,300 (-58.3%) | $1.263M (-53.1%) | 0.2% | $238.28 | $190.52 | — | COM | 695156109 |
| CF | CF Industries Holdings, Inc. | 42,669 (-8.4%) | $4.619M (-23.6%) | 0.6% | $108.26 | $81.72 | — | COM | 125269100 |
| NUE | Nucor Corporation | 43,100 (-17.1%) | $9.601M (+9.2%) | 1.3% | $222.75 | $132.85 | — | COM | 670346105 |
| CRH | CRH public limited company | 57,400 (-10.3%) | $6.142M (-8.7%) | 0.8% | $107.00 | $119.13 | — | COM | G25508105 |
| MLM | Martin Marietta Materials, Inc. | 4,500 (-16.7%) | $2.595M (-18.4%) | 0.3% | $576.70 | $497.22 | — | COM | 573284106 |
| MPC | Marathon Petroleum Corporation | 79,912 (-6.0%) | $20.43M (-1.6%) | 2.7% | $255.67 | $131.11 | — | COM | 56585A102 |
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| SLB | SLB Ltd. | 547,633 | $25.46M | 3.3% | $46.49 | $40.29 | — | COM | 806857108 |
| EOG | EOG Resources, Inc. | 140,067 | $18.17M | 2.4% | $129.73 | $81.14 | — | COM | 26875P101 |
| BKR | Baker Hughes Company | 223,800 | $12.42M | 1.6% | $55.50 | $30.25 | — | COM | 05722G100 |
| TRGP | Targa Resources Corp. | 91,600 | $24.56M | 3.2% | $268.14 | $173.39 | — | COM | 87612G101 |
| LIN | Linde plc | 53,700 | $27.87M | 3.7% | $518.94 | $369.79 | — | COM | G54950103 |
| FCX | Freeport-McMoRan, Inc. | 233,200 | $14.67M | 1.9% | $62.89 | $31.31 | — | COM | 35671D857 |
| KMI | Kinder Morgan, Inc. | 429,392 | $13.73M | 1.8% | $31.97 | $26.44 | — | COM | 49456B101 |
| DOW | Dow, Inc. | 52,945 | $1.449M | 0.2% | $27.36 | $35.58 | — | COM | 260557103 |
| VMC | Vulcan Materials Company | 27,700 | $8.172M | 1.1% | $295.01 | $257.49 | — | COM | 929160109 |
| OKE | ONEOK, Inc. | 140,500 | $12.22M | 1.6% | $86.94 | $61.20 | — | COM | 682680103 |
| APA | APA Corporation | 56,000 | $1.824M | 0.2% | $32.57 | $26.87 | — | COM | 03743Q108 |
| STLD | Steel Dynamics, Inc. | 11,026 | $2.53M | 0.3% | $229.46 | $108.10 | — | COM | 858119100 |
| TPL | Texas Pacific Land Corporation | 13,350 | $5.842M | 0.8% | $437.64 | $357.33 | — | COM | 88262P102 |
| LYB | LyondellBasell Industries N.V. | 15,600 | $821K | 0.1% | $52.65 | $58.47 | — | COM | N53745100 |
| ECL | Ecolab Inc. | 31,400 | $8.748M | 1.1% | $278.61 | $168.47 | — | COM | 278865100 |
| ALB | Albemarle Corporation | 7,200 | $972K | 0.1% | $135.03 | $87.32 | — | COM | 012653101 |
| SW | Smurfit Westrock plc | 41,300 | $1.911M | 0.3% | $46.26 | $46.72 | — | COM | G8267P108 |
| PPG | PPG Industries, Inc. | 18,100 | $2.195M | 0.3% | $121.29 | $113.93 | — | COM | 693506107 |
| FTI | TechnipFMC plc | 48,600 | $3.222M | 0.4% | $66.30 | $25.02 | — | COM | G87110105 |
| AMCR | Amcor plc | 34,880 | $1.512M | 0.2% | $43.35 | $45.83 | — | COM | G0250X149 |
| CCJ | Cameco Corporation | 18,000 | $1.833M | 0.2% | $101.86 | $89.94 | — | COM | 13321L108 |
| IP | International Paper Company | 40,900 | $1.558M | 0.2% | $38.10 | $52.10 | — | COM | 460146103 |
| MOS | Mosaic Company | 21,201 | $449K | 0.1% | $21.19 | $27.81 | — | COM | 61945C103 |
| EOSE | Eos Energy Enterprises, Inc. | 62,600 | $368K | 0.0% | $5.88 | $14.37 | — | COM | 29415C101 |
| CTVA | Corteva Inc. | 57,945 | $4.907M | 0.6% | $84.69 | $32.13 | — | COM | 22052L104 |
| AVY | Avery Dennison Corporation | 5,400 | $877K | 0.1% | $162.35 | $183.04 | — | COM | 053611109 |
| BALL | Ball Corporation | 16,300 | $1.017M | 0.1% | $62.40 | $48.91 | — | COM | 058498106 |
| APD | Air Products and Chemicals, Inc. | 18,100 | $5.307M | 0.7% | $293.18 | $211.77 | — | COM | 009158106 |
| CHRD | Chord Energy Corporation | 225 | $25,718 | 0.0% | $114.30 | $91.94 | — | COM | 674215207 |