LSP Investment Advisors, LLC Diversified Active

CIK: 0001728850 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $166,402 (100.0% shares, 0.0% debt)

Holdings (22)

EQT EQT CORP 23.4%

Value ($000) $38,945 Shares 715,500 Est. Cost $51.34 Unrealized +2.5%

SPY SPDR S&P 500 ETF TR 20.6%

Value ($000) $34,235 Shares 51,390 Est. Cost $429.14 Unrealized —

EXE EXPAND ENERGY CORPORATION 20.4%

Value ($000) $33,935 Shares 319,417 Est. Cost $90.25 Unrealized +9.8%

GPOR GULFPORT ENERGY CORP 5.1%

Value ($000) $8,488 Shares 46,900 Est. Cost $174.05 Unrealized 0.0%

CRK COMSTOCK RES INC 4.5%

Value ($000) $7,514 Shares 378,900 Est. Cost $19.94 Unrealized -7.2%

EEM ISHARES TR 3.5%

Value ($000) $5,812 Shares 108,830 Est. Cost $50.38 Unrealized —

AR ANTERO RESOURCES CORP 3.3%

Value ($000) $5,490 Shares 163,600 Est. Cost $36.24 Unrealized -8.0%

GDX VANECK ETF TRUST 3.2%

Value ($000) $5,386 Shares 70,500 Est. Cost $29.48 Unrealized —

GOOG ALPHABET INC 3.1%

Value ($000) $5,212 Shares 21,400 Est. Cost $112.13 Unrealized +87.2%

MSFT MICROSOFT CORP 2.6%

Value ($000) $4,289 Shares 8,280 Est. Cost $280.73 Unrealized +81.2%

IWM ISHARES TR 2.3%

Value ($000) $3,750 Shares 15,500 Est. Cost $218.77 Unrealized —

AMZN AMAZON COM INC 1.9%

Value ($000) $3,118 Shares 14,200 Est. Cost $127.50 Unrealized +77.5%

BATL BATTALION OIL CORP 1.7%

Value ($000) $2,867 Shares 2,369,769 Est. Cost $9.80 Unrealized -87.5%

EWJ ISHARES INC 1.4%

Value ($000) $2,406 Shares 30,000 Est. Cost $68.24 Unrealized —

GDXJ VANECK ETF TRUST 0.8%

Value ($000) $1,345 Shares 13,584 Est. Cost $38.35 Unrealized —

CEG CONSTELLATION ENERGY CORP 0.4%

Value ($000) $727 Shares 2,208 Est. Cost $81.35 Unrealized +296.0%

CNP CENTERPOINT ENERGY INC 0.4%

Value ($000) $631 Shares 16,250 Est. Cost $22.86 Unrealized +63.8%

HOOD ROBINHOOD MKTS INC 0.4%

Value ($000) $625 Shares 4,364 Est. Cost $30.77 Unrealized +254.4%

EXC EXELON CORP 0.4%

Value ($000) $597 Shares 13,274 Est. Cost $21.77 Unrealized +99.2%

PEG PUBLIC SVC ENTERPRISE GRP IN 0.3%

Value ($000) $447 Shares 5,350 Est. Cost $53.86 Unrealized +53.6%

DUK DUKE ENERGY CORP NEW 0.2%

Value ($000) $379 Shares 3,060 Est. Cost $87.25 Unrealized +37.3%

D DOMINION ENERGY INC 0.1%

Value ($000) $205 Shares 3,350 Est. Cost $58.31 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EQT	EQT CORP	715,500	$38,945	23.4%	$51.34	+2.5%	COM	26884L109
SPY	SPDR S&P 500 ETF TR	51,390	$34,235	20.6%	$429.14	—	TR UNIT	78462F103
EXE	EXPAND ENERGY CORPORATION	319,417	$33,935	20.4%	$90.25	+9.8%	COM	165167735
GPOR	GULFPORT ENERGY CORP	46,900	$8,488	5.1%	$174.05	0.0%	COMMON SHARES	402635502
CRK	COMSTOCK RES INC	378,900	$7,514	4.5%	$19.94	-7.2%	COM	205768302
EEM	ISHARES TR	108,830	$5,812	3.5%	$50.38	—	MSCI EMG MKT ETF	464287234
AR	ANTERO RESOURCES CORP	163,600	$5,490	3.3%	$36.24	-8.0%	COM	03674X106
GDX	VANECK ETF TRUST	70,500	$5,386	3.2%	$29.48	—	GOLD MINERS ETF	92189F106
GOOG	ALPHABET INC	21,400	$5,212	3.1%	$112.13	+87.2%	CAP STK CL C	02079K107
MSFT	MICROSOFT CORP	8,280	$4,289	2.6%	$280.73	+81.2%	COM	594918104
IWM	ISHARES TR	15,500	$3,750	2.3%	$218.77	—	RUSSELL 2000 ETF	464287655
AMZN	AMAZON COM INC	14,200	$3,118	1.9%	$127.50	+77.5%	COM	023135106
BATL	BATTALION OIL CORP	2,369,769	$2,867	1.7%	$9.80	-87.5%	COM	07134L107
EWJ	ISHARES INC	30,000	$2,406	1.4%	$68.24	—	MSCI JPN ETF NEW	46434G822
GDXJ	VANECK ETF TRUST	13,584	$1,345	0.8%	$38.35	—	JUNIOR GOLD MINE	92189F791
CEG	CONSTELLATION ENERGY CORP	2,208	$727	0.4%	$81.35	+296.0%	COM	21037T109
CNP	CENTERPOINT ENERGY INC	16,250	$631	0.4%	$22.86	+63.8%	COM	15189T107
HOOD	ROBINHOOD MKTS INC	4,364	$625	0.4%	$30.77	+254.4%	COM CL A	770700102
EXC	EXELON CORP	13,274	$597	0.4%	$21.77	+99.2%	COM	30161N101
PEG	PUBLIC SVC ENTERPRISE GRP IN	5,350	$447	0.3%	$53.86	+53.6%	COM	744573106
DUK	DUKE ENERGY CORP NEW	3,060	$379	0.2%	$87.25	+37.3%	COM NEW	26441C204
D	DOMINION ENERGY INC	3,350	$205	0.1%	$58.31	0.0%	COM	25746U109