Location: Miami Beach, FL
CIK: 0001426876 · Show all filings
Period: Q3 2025 (← Previous) (Next →)
Filing Date: Nov 14, 2025
Total Value: $132M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| NESR | NATIONAL ENERGY SERVICES REU | 1,488,697 | $15.27M | 11.6% | $8.30 | -3.6% | SHS | G6375R107 |
| BKV | BKV CORP | 279,857 | $6.473M | 4.9% | $19.11 | +14.1% | COM | 05603J108 |
| CCJ | CAMECO CORP | 68,460 | $5.741M | 4.4% | $38.44 | +101.3% | COM | 13321L108 |
| SEI | SOLARIS ENERGY INFRAS INC | 139,472 | $5.575M | 4.2% | $27.03 | +15.1% | COM CL A | 83418M103 |
| CVE | CENOVUS ENERGY INC | 320,000 | $5.437M | 4.1% | $14.76 | +5.8% | COM | 15135U109 |
| CNR | CORE NATURAL RESOURCES INC | 60,000 | $5.009M | 3.8% | $79.28 | -5.7% | COM SHS | 218937100 |
| NXE | NEXGEN ENERGY LTD | 550,000 | $4.923M | 3.7% | $6.43 | +14.7% | COM | 65340P106 |
| GLNG | GOLAR LNG LTD | 120,000 | $4.849M | 3.7% | $38.88 | +5.3% | SHS | G9456A100 |
| DK | DELEK US HLDGS INC NEW | 150,000 | $4.84M | 3.7% | $25.83 | 0.0% | COM | 24665A103 |
| DNN | DENISON MINES CORP | 1,700,000 | $4.675M | 3.6% | $1.68 | +31.7% | COM | 248356107 |
| EE | EXCELERATE ENERGY INC | 180,000 | $4.534M | 3.4% | $25.85 | -3.9% | CL A COM | 30069T101 |
| GPOR | GULFPORT ENERGY CORP | 22,000 | $3.982M | 3.0% | $174.05 | 0.0% | COMMON SHARES | 402635502 |
| WPM | WHEATON PRECIOUS METALS CORP | 35,000 | $3.914M | 3.0% | $71.24 | +37.2% | COM | 962879102 |
| ORLA | ORLA MNG LTD NEW | 356,342 | $3.848M | 2.9% | $8.88 | +20.6% | COM | 68634K106 |
| FCX | FREEPORT-MCMORAN INC | 80,000 | $3.138M | 2.4% | $38.38 | +12.6% | CL B | 35671D857 |
| PAAS | PAN AMERN SILVER CORP | 80,000 | $3.098M | 2.4% | $25.88 | +24.2% | COM | 697900108 |
| XPRO | EXPRO GROUP HOLDINGS NV | 250,000 | $2.97M | 2.3% | $10.86 | 0.0% | COM | N3144W105 |
| IAG | IAMGOLD CORP | 225,000 | $2.909M | 2.2% | $6.23 | +40.6% | COM | 450913108 |
| INSW | INTERNATIONAL SEAWAYS INC | 60,000 | $2.765M | 2.1% | $37.47 | +12.0% | COM | Y41053102 |
| FRO | FRONTLINE PLC | 120,000 | $2.735M | 2.1% | $20.25 | 0.0% | COM | M46528101 |
| OKLO | OKLO INC | 22,075 | $2.464M | 1.9% | $38.57 | +103.0% | COM CL A | 02156V109 |
| HUT | HUT 8 CORP | 70,000 | $2.437M | 1.9% | $25.41 | 0.0% | COM | 44812J104 |
| BTU | PEABODY ENERGY CORP | 79,246 | $2.102M | 1.6% | $17.75 | 0.0% | COM | 704551100 |
| WBI | WATERBRIDGE INFRASTRUCTURE L | 80,000 | $2.018M | 1.5% | $23.45 | 0.0% | CL A SHS REPSTG | 940923105 |
| URG | UR-ENERGY INC | 1,050,000 | $1.879M | 1.4% | $0.80 | +69.8% | COM | 91688R108 |
| INVX | INNOVEX INTERNATIONAL INC | 100,000 | $1.854M | 1.4% | $15.37 | +8.2% | COM | 457651107 |
| LBRT | LIBERTY ENERGY INC | 150,000 | $1.851M | 1.4% | $12.11 | -4.5% | COM CL A | 53115L104 |
| NMM | NAVIOS MARITIME PARTNERS L P | 40,000 | $1.802M | 1.4% | $45.05 | — | COM UNIT LPI | Y62267409 |
| CORZ | CORE SCIENTIFIC INC NEW | 100,000 | $1.794M | 1.4% | $11.14 | +31.7% | COM | 21874A106 |
| SIL | GLOBAL X FDS | 25,000 | $1.791M | 1.4% | $48.14 | — | GLOBAL X SILVER | 37954Y848 |
| FNV | FRANCO NEV CORP | 8,000 | $1.783M | 1.4% | $132.11 | +36.4% | COM | 351858105 |
| WFRD | WEATHERFORD INTL PLC | 25,000 | $1.711M | 1.3% | $59.40 | 0.0% | ORD SHS | G48833118 |
| METC | RAMACO RES INC | 50,000 | $1.659M | 1.3% | $23.24 | 0.0% | COM CL A | 75134P600 |
| CIVI | CIVITAS RESOURCES INC | 50,000 | $1.625M | 1.2% | $31.09 | 0.0% | COM NEW | 17888H103 |
| FANG | DIAMONDBACK ENERGY INC | 11,250 | $1.61M | 1.2% | $136.16 | +3.4% | COM | 25278X109 |
| EQT | EQT CORP | 25,000 | $1.361M | 1.0% | $35.56 | +47.9% | COM | 26884L109 |
| GNK | GENCO SHIPPING & TRADING LTD | 75,000 | $1.335M | 1.0% | $16.54 | 0.0% | SHS | Y2685T131 |
| GDX | VANECK ETF TRUST | 15,202 | $1.161M | 0.9% | $45.97 | — | GOLD MINERS ETF | 92189F106 |
| SOC | SABLE OFFSHORE CORP | 64,717 | $1.13M | 0.9% | $23.99 | +6.8% | COM SHS | 78574H104 |
| EU | ENCORE ENERGY CORP | 300,000 | $963K | 0.7% | $2.69 | 0.0% | COM NEW | 29259W700 |
| SPY | SPDR S&P 500 ETF TR | 600 | $400K | 0.3% | — | — | Put | 78462F103 |
| IWM | ISHARES TR | 1,000 | $242K | 0.2% | — | — | Put | 464287655 |