GeoSphere Capital Management, LLC Quant / Systematic

Location: Miami Beach, FL

CIK: 0001426876 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 9, 2026

Total Value: $304M (100.0% shares, 0.0% debt)

Holdings (40)

SPY SPDR S&P 500 ETF TR 32.3%

Value $98.13M Shares 143,900 Est. Cost — Unrealized —

GDXJ VANECK ETF TRUST 9.0%

Value $27.31M Shares 240,000 Est. Cost — Unrealized —

NESR NATIONAL ENERGY SERVICES REU 7.3%

Value $22.16M Shares 1,415,124 Est. Cost $8.30 Unrealized +58.0%

MSTR STRATEGY INC 5.2%

Value $15.86M Shares 104,400 Est. Cost — Unrealized —

BKV BKV CORP 5.0%

Value $15.06M Shares 554,857 Est. Cost $22.08 Unrealized +13.7%

LEU CENTRUS ENERGY CORP 2.6%

Value $7.865M Shares 32,400 Est. Cost — Unrealized —

CNR CORE NATURAL RESOURCES INC 2.5%

Value $7.523M Shares 85,000 Est. Cost $81.01 Unrealized +5.1%

NEM NEWMONT CORP 2.4%

Value $7.439M Shares 74,500 Est. Cost — Unrealized —

CCJ CAMECO CORP 2.2%

Value $6.721M Shares 73,460 Est. Cost $41.94 Unrealized +114.4%

SEI SOLARIS ENERGY INFRAS INC 2.0%

Value $5.952M Shares 129,472 Est. Cost $27.03 Unrealized +78.7%

EE EXCELERATE ENERGY INC 1.9%

Value $5.75M Shares 205,000 Est. Cost $25.99 Unrealized +4.0%

BORR BORR DRILLING LTD 1.8%

Value $5.582M Shares 1,385,000 Est. Cost $3.31 Unrealized 0.0%

HUT HUT 8 CORP 1.7%

Value $5.283M Shares 115,000 Est. Cost $32.72 Unrealized +34.7%

FCX FREEPORT-MCMORAN INC 1.6%

Value $4.825M Shares 95,000 Est. Cost $39.16 Unrealized +10.6%

FRO FRONTLINE PLC 1.4%

Value $4.364M Shares 200,000 Est. Cost $21.50 Unrealized +8.7%

BE BLOOM ENERGY CORP 1.3%

Value $3.997M Shares 46,000 Est. Cost $105.07 Unrealized 0.0%

EQT EQT CORP 1.3%

Value $3.859M Shares 72,000 Est. Cost $48.99 Unrealized +14.6%

DNN DENISON MINES CORP 1.2%

Value $3.724M Shares 1,400,000 Est. Cost $1.68 Unrealized +62.0%

IAG IAMGOLD CORP 1.2%

Value $3.71M Shares 225,000 Est. Cost $6.23 Unrealized +126.2%

NXE NEXGEN ENERGY LTD 1.2%

Value $3.68M Shares 400,000 Est. Cost $6.43 Unrealized +37.3%

GPOR GULFPORT ENERGY CORP 1.2%

Value $3.536M Shares 17,000 Est. Cost $174.05 Unrealized +14.5%

DK DELEK US HLDGS INC NEW 1.1%

Value $3.485M Shares 117,500 Est. Cost $25.83 Unrealized +37.8%

WFRD WEATHERFORD INTL PLC 1.1%

Value $3.326M Shares 42,500 Est. Cost $64.83 Unrealized +12.0%

EU ENCORE ENERGY CORP 1.1%

Value $3.224M Shares 1,300,000 Est. Cost $2.82 Unrealized +1.4%

WPM WHEATON PRECIOUS METALS CORP 1.0%

Value $2.938M Shares 25,000 Est. Cost $71.24 Unrealized +50.3%

WULF TERAWULF INC 0.9%

Value $2.873M Shares 250,000 Est. Cost $13.40 Unrealized 0.0%

PUMP PROPETRO HLDG CORP 0.9%

Value $2.853M Shares 300,000 Est. Cost $8.69 Unrealized 0.0%

SBSW SIBANYE STILLWATER LTD 0.9%

Value $2.85M Shares 200,000 Est. Cost $14.25 Unrealized —

CVE CENOVUS ENERGY INC 0.9%

Value $2.792M Shares 165,000 Est. Cost $14.76 Unrealized +17.7%

ECO OKEANIS ECO TANKERS COR 0.8%

Value $2.453M Shares 72,500 Est. Cost $33.92 Unrealized 0.0%

AEM AGNICO EAGLE MINES LTD 0.8%

Value $2.424M Shares 14,300 Est. Cost — Unrealized —

B BARRICK MNG CORP 0.6%

Value $1.96M Shares 45,000 Est. Cost $37.42 Unrealized 0.0%

DHT DHT HOLDINGS INC 0.6%

Value $1.893M Shares 155,000 Est. Cost $12.28 Unrealized 0.0%

FANG DIAMONDBACK ENERGY INC 0.6%

Value $1.691M Shares 11,250 Est. Cost $136.16 Unrealized +8.0%

TTI TETRA TECHNOLOGIES INC DEL 0.5%

Value $1.64M Shares 175,000 Est. Cost $7.72 Unrealized 0.0%

BTU PEABODY ENERGY CORP 0.5%

Value $1.485M Shares 50,000 Est. Cost $17.75 Unrealized +65.4%

PPTA PERPETUA RESOURCES CORP 0.4%

Value $1.21M Shares 50,000 Est. Cost $24.60 Unrealized 0.0%

INVX INNOVEX INTERNATIONAL INC 0.4%

Value $1.093M Shares 50,000 Est. Cost $15.37 Unrealized +35.8%

NKLR TERRA INNOVATUM GLOBAL NV 0.2%

Value $693K Shares 150,000 Est. Cost $7.45 Unrealized 0.0%

HL HECLA MNG CO 0.2%

Value $613K Shares 31,951 Est. Cost $15.27 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	143,900	$98.13M	32.3%	—	—	Put	78462F103
GDXJ	VANECK ETF TRUST	240,000	$27.31M	9.0%	—	—	Put	92189F791
NESR	NATIONAL ENERGY SERVICES REU	1,415,124	$22.16M	7.3%	$8.30	+58.0%	SHS	G6375R107
MSTR	STRATEGY INC	104,400	$15.86M	5.2%	—	—	Put	594972408
BKV	BKV CORP	554,857	$15.06M	5.0%	$22.08	+13.7%	COM	05603J108
LEU	CENTRUS ENERGY CORP	32,400	$7.865M	2.6%	—	—	Put	15643U104
CNR	CORE NATURAL RESOURCES INC	85,000	$7.523M	2.5%	$81.01	+5.1%	COM SHS	218937100
NEM	NEWMONT CORP	74,500	$7.439M	2.4%	—	—	Put	651639106
CCJ	CAMECO CORP	73,460	$6.721M	2.2%	$41.94	+114.4%	COM	13321L108
SEI	SOLARIS ENERGY INFRAS INC	129,472	$5.952M	2.0%	$27.03	+78.7%	COM CL A	83418M103
EE	EXCELERATE ENERGY INC	205,000	$5.75M	1.9%	$25.99	+4.0%	CL A COM	30069T101
BORR	BORR DRILLING LTD	1,385,000	$5.582M	1.8%	$3.31	0.0%	SHS	G1466R173
HUT	HUT 8 CORP	115,000	$5.283M	1.7%	$32.72	+34.7%	COM	44812J104
FCX	FREEPORT-MCMORAN INC	95,000	$4.825M	1.6%	$39.16	+10.6%	CL B	35671D857
FRO	FRONTLINE PLC	200,000	$4.364M	1.4%	$21.50	+8.7%	COM	M46528101
BE	BLOOM ENERGY CORP	46,000	$3.997M	1.3%	$105.07	0.0%	COM CL A	093712107
EQT	EQT CORP	72,000	$3.859M	1.3%	$48.99	+14.6%	COM	26884L109
DNN	DENISON MINES CORP	1,400,000	$3.724M	1.2%	$1.68	+62.0%	COM	248356107
IAG	IAMGOLD CORP	225,000	$3.71M	1.2%	$6.23	+126.2%	COM	450913108
NXE	NEXGEN ENERGY LTD	400,000	$3.68M	1.2%	$6.43	+37.3%	COM	65340P106
GPOR	GULFPORT ENERGY CORP	17,000	$3.536M	1.2%	$174.05	+14.5%	COMMON SHARES	402635502
DK	DELEK US HLDGS INC NEW	117,500	$3.485M	1.1%	$25.83	+37.8%	COM	24665A103
WFRD	WEATHERFORD INTL PLC	42,500	$3.326M	1.1%	$64.83	+12.0%	ORD SHS	G48833118
EU	ENCORE ENERGY CORP	1,300,000	$3.224M	1.1%	$2.82	+1.4%	COM NEW	29259W700
WPM	WHEATON PRECIOUS METALS CORP	25,000	$2.938M	1.0%	$71.24	+50.3%	COM	962879102
WULF	TERAWULF INC	250,000	$2.873M	0.9%	$13.40	0.0%	COM	88080T104
PUMP	PROPETRO HLDG CORP	300,000	$2.853M	0.9%	$8.69	0.0%	COM	74347M108
SBSW	SIBANYE STILLWATER LTD	200,000	$2.85M	0.9%	$14.25	—	SPONSORED ADR	82575P107
CVE	CENOVUS ENERGY INC	165,000	$2.792M	0.9%	$14.76	+17.7%	COM	15135U109
ECO	OKEANIS ECO TANKERS COR	72,500	$2.453M	0.8%	$33.92	0.0%	SHS	Y64177101
AEM	AGNICO EAGLE MINES LTD	14,300	$2.424M	0.8%	—	—	Put	008474108
B	BARRICK MNG CORP	45,000	$1.96M	0.6%	$37.42	0.0%	COM SHS	06849F108
DHT	DHT HOLDINGS INC	155,000	$1.893M	0.6%	$12.28	0.0%	SHS NEW	Y2065G121
FANG	DIAMONDBACK ENERGY INC	11,250	$1.691M	0.6%	$136.16	+8.0%	COM	25278X109
TTI	TETRA TECHNOLOGIES INC DEL	175,000	$1.64M	0.5%	$7.72	0.0%	COM	88162F105
BTU	PEABODY ENERGY CORP	50,000	$1.485M	0.5%	$17.75	+65.4%	COM	704551100
PPTA	PERPETUA RESOURCES CORP	50,000	$1.21M	0.4%	$24.60	0.0%	COM	714266103
INVX	INNOVEX INTERNATIONAL INC	50,000	$1.093M	0.4%	$15.37	+35.8%	COM	457651107
NKLR	TERRA INNOVATUM GLOBAL NV	150,000	$693K	0.2%	$7.45	0.0%	ORD SHS	N85083108
HL	HECLA MNG CO	31,951	$613K	0.2%	$15.27	0.0%	COM	422704106