Merewether Investment Management, LP Quant / Systematic

CIK: 0001736852 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value ($000): $1,693,341 (100.0% shares, 0.0% debt)

Holdings (45)

VST VISTRA CORP 7.8%

Value ($000) $132,768 Shares 3,446,720 Est. Cost $24.08 Unrealized +41.5%

TRGP TARGA RES CORP 7.4%

Value ($000) $124,810 Shares 1,436,740 Est. Cost $58.69 Unrealized +39.8%

PSX PHILLIPS 66 5.9%

Value ($000) $100,285 Shares 753,227 Est. Cost $104.77 Unrealized +6.0%

XOM EXXON MOBIL CORP 5.5%

Value ($000) $92,881 Shares 928,999 Est. Cost $98.87 Unrealized -1.3%

BKR BAKER HUGHES COMPANY 5.3%

Value ($000) $89,124 Shares 2,607,502 Est. Cost $32.91 Unrealized -1.3%

SHEL SHELL PLC 4.9%

Value ($000) $83,740 Shares 1,272,648 Est. Cost $65.80 Unrealized —

CHRD CHORD ENERGY CORPORATION 4.3%

Value ($000) $72,910 Shares 438,610 Est. Cost $111.30 Unrealized +29.6%

CVX CHEVRON CORP NEW 3.9%

Value ($000) $66,030 Shares 442,680 Est. Cost $137.80 Unrealized 0.0%

WFRD WEATHERFORD INTL PLC 3.8%

Value ($000) $64,731 Shares 661,669 Est. Cost $49.85 Unrealized +86.5%

PPG PPG INDS INC 3.6%

Value ($000) $61,208 Shares 409,278 Est. Cost $130.29 Unrealized -1.1%

FTI TECHNIPFMC PLC 3.3%

Value ($000) $55,926 Shares 2,776,871 Est. Cost $13.90 Unrealized +45.2%

— MARATHON OIL CORP 3.2%

Value ($000) $53,608 Shares 2,218,885 Est. Cost $18.50 Unrealized —

FANG DIAMONDBACK ENERGY INC 3.2%

Value ($000) $53,534 Shares 345,203 Est. Cost $127.83 Unrealized +12.9%

OKE ONEOK INC NEW 2.8%

Value ($000) $47,192 Shares 672,062 Est. Cost $60.36 Unrealized 0.0%

DINO HF SINCLAIR CORP 2.5%

Value ($000) $41,749 Shares 751,281 Est. Cost $49.10 Unrealized +1.1%

TECK TECK RESOURCES LTD 2.5%

Value ($000) $41,670 Shares 985,817 Est. Cost $38.40 Unrealized 0.0%

PR PERMIAN RESOURCES CORP 2.4%

Value ($000) $41,304 Shares 3,037,089 Est. Cost $10.72 Unrealized +27.7%

OVV OVINTIV INC 2.4%

Value ($000) $40,460 Shares 921,218 Est. Cost $40.31 Unrealized +13.2%

VLO VALERO ENERGY CORP 2.1%

Value ($000) $34,768 Shares 267,449 Est. Cost $119.35 Unrealized 0.0%

EQT EQT CORP 1.7%

Value ($000) $28,009 Shares 724,495 Est. Cost $34.01 Unrealized +15.5%

— APTIV PLC 1.5%

Value ($000) $25,484 Shares 284,036 Est. Cost $95.65 Unrealized —

FCX FREEPORT-MCMORAN INC 1.5%

Value ($000) $24,907 Shares 585,091 Est. Cost $35.90 Unrealized 0.0%

RIO RIO TINTO PLC 1.5%

Value ($000) $24,906 Shares 334,482 Est. Cost $67.52 Unrealized —

NVT NVENT ELECTRIC PLC 1.4%

Value ($000) $23,782 Shares 402,478 Est. Cost $52.02 Unrealized -0.6%

CNQ CANADIAN NAT RES LTD 1.3%

Value ($000) $21,845 Shares 333,407 Est. Cost $29.83 Unrealized 0.0%

DAR DARLING INGREDIENTS INC 1.3%

Value ($000) $21,685 Shares 435,091 Est. Cost $45.39 Unrealized 0.0%

TS TENARIS S A 1.3%

Value ($000) $21,622 Shares 622,028 Est. Cost $31.60 Unrealized —

NXT NEXTRACKER INC 1.3%

Value ($000) $21,534 Shares 459,635 Est. Cost $36.66 Unrealized +6.8%

XIFR NEXTERA ENERGY PARTNERS LP 1.2%

Value ($000) $21,102 Shares 693,924 Est. Cost $25.48 Unrealized 0.0%

— SOUTHWESTERN ENERGY CO 1.2%

Value ($000) $20,913 Shares 3,192,787 Est. Cost $6.55 Unrealized —

ALV AUTOLIV INC 1.2%

Value ($000) $20,363 Shares 184,796 Est. Cost $90.84 Unrealized +4.2%

— ENERPLUS CORP 1.1%

Value ($000) $18,961 Shares 1,236,063 Est. Cost $14.51 Unrealized —

FSLR FIRST SOLAR INC 1.0%

Value ($000) $17,749 Shares 103,022 Est. Cost $190.19 Unrealized -19.6%

SHLS SHOALS TECHNOLOGIES GROUP IN 0.8%

Value ($000) $13,684 Shares 880,570 Est. Cost $23.74 Unrealized -36.3%

— CRESCENT PT ENERGY CORP 0.8%

Value ($000) $13,636 Shares 1,967,678 Est. Cost $6.93 Unrealized —

FLEX FLEX LTD 0.8%

Value ($000) $13,038 Shares 428,039 Est. Cost $18.49 Unrealized +8.3%

LPX LOUISIANA PAC CORP 0.7%

Value ($000) $12,014 Shares 169,613 Est. Cost $59.73 Unrealized 0.0%

STNG SCORPIO TANKERS INC 0.7%

Value ($000) $11,603 Shares 190,835 Est. Cost $54.12 Unrealized —

NUE NUCOR CORP 0.3%

Value ($000) $4,894 Shares 28,121 Est. Cost $159.50 Unrealized -3.9%

XPRO EXPRO GROUP HOLDINGS NV 0.3%

Value ($000) $4,317 Shares 271,138 Est. Cost $22.55 Unrealized -23.4%

WCC WESCO INTL INC 0.2%

Value ($000) $3,059 Shares 17,594 Est. Cost $148.04 Unrealized -0.9%

LNG CHENIERE ENERGY INC 0.1%

Value ($000) $2,014 Shares 11,800 Est. Cost $171.83 Unrealized 0.0%

MTZ MASTEC INC 0.1%

Value ($000) $1,689 Shares 22,300 Est. Cost $88.34 Unrealized -29.2%

ITRI ITRON INC 0.1%

Value ($000) $1,676 Shares 22,200 Est. Cost $65.03 Unrealized 0.0%

— SUNNOVA ENERGY INTL INC. 0.0%

Value ($000) $157 Shares 10,298 Est. Cost $25.98 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VST	VISTRA CORP	3,446,720	$132,768	7.8%	$24.08	+41.5%	COM	92840M102
TRGP	TARGA RES CORP	1,436,740	$124,810	7.4%	$58.69	+39.8%	COM	87612G101
PSX	PHILLIPS 66	753,227	$100,285	5.9%	$104.77	+6.0%	COM	718546104
XOM	EXXON MOBIL CORP	928,999	$92,881	5.5%	$98.87	-1.3%	COM	30231G102
BKR	BAKER HUGHES COMPANY	2,607,502	$89,124	5.3%	$32.91	-1.3%	CL A	05722G100
SHEL	SHELL PLC	1,272,648	$83,740	4.9%	$65.80	—	SPON ADS	780259305
CHRD	CHORD ENERGY CORPORATION	438,610	$72,910	4.3%	$111.30	+29.6%	COM NEW	674215207
CVX	CHEVRON CORP NEW	442,680	$66,030	3.9%	$137.80	0.0%	COM	166764100
WFRD	WEATHERFORD INTL PLC	661,669	$64,731	3.8%	$49.85	+86.5%	ORD SHS	G48833118
PPG	PPG INDS INC	409,278	$61,208	3.6%	$130.29	-1.1%	COM	693506107
FTI	TECHNIPFMC PLC	2,776,871	$55,926	3.3%	$13.90	+45.2%	COM	G87110105
—	MARATHON OIL CORP	2,218,885	$53,608	3.2%	$18.50	—	COM	565849106
FANG	DIAMONDBACK ENERGY INC	345,203	$53,534	3.2%	$127.83	+12.9%	COM	25278X109
OKE	ONEOK INC NEW	672,062	$47,192	2.8%	$60.36	0.0%	COM	682680103
DINO	HF SINCLAIR CORP	751,281	$41,749	2.5%	$49.10	+1.1%	COM	403949100
TECK	TECK RESOURCES LTD	985,817	$41,670	2.5%	$38.40	0.0%	CL B	878742204
PR	PERMIAN RESOURCES CORP	3,037,089	$41,304	2.4%	$10.72	+27.7%	CLASS A COM	71424F105
OVV	OVINTIV INC	921,218	$40,460	2.4%	$40.31	+13.2%	COM	69047Q102
VLO	VALERO ENERGY CORP	267,449	$34,768	2.1%	$119.35	0.0%	COM	91913Y100
EQT	EQT CORP	724,495	$28,009	1.7%	$34.01	+15.5%	COM	26884L109
—	APTIV PLC	284,036	$25,484	1.5%	$95.65	—	SHS	G6095L109
FCX	FREEPORT-MCMORAN INC	585,091	$24,907	1.5%	$35.90	0.0%	CL B	35671D857
RIO	RIO TINTO PLC	334,482	$24,906	1.5%	$67.52	—	SPONSORED ADR	767204100
NVT	NVENT ELECTRIC PLC	402,478	$23,782	1.4%	$52.02	-0.6%	SHS	G6700G107
CNQ	CANADIAN NAT RES LTD	333,407	$21,845	1.3%	$29.83	0.0%	COM	136385101
DAR	DARLING INGREDIENTS INC	435,091	$21,685	1.3%	$45.39	0.0%	COM	237266101
TS	TENARIS S A	622,028	$21,622	1.3%	$31.60	—	SPONSORED ADS	88031M109
NXT	NEXTRACKER INC	459,635	$21,534	1.3%	$36.66	+6.8%	CLASS A COM	65290E101
XIFR	NEXTERA ENERGY PARTNERS LP	693,924	$21,102	1.2%	$25.48	0.0%	COM UNIT PART IN	65341B106
—	SOUTHWESTERN ENERGY CO	3,192,787	$20,913	1.2%	$6.55	—	COM	845467109
ALV	AUTOLIV INC	184,796	$20,363	1.2%	$90.84	+4.2%	COM	052800109
—	ENERPLUS CORP	1,236,063	$18,961	1.1%	$14.51	—	COM	292766102
FSLR	FIRST SOLAR INC	103,022	$17,749	1.0%	$190.19	-19.6%	COM	336433107
SHLS	SHOALS TECHNOLOGIES GROUP IN	880,570	$13,684	0.8%	$23.74	-36.3%	CL A	82489W107
—	CRESCENT PT ENERGY CORP	1,967,678	$13,636	0.8%	$6.93	—	COM	22576C101
FLEX	FLEX LTD	428,039	$13,038	0.8%	$18.49	+8.3%	ORD	Y2573F102
LPX	LOUISIANA PAC CORP	169,613	$12,014	0.7%	$59.73	0.0%	COM	546347105
STNG	SCORPIO TANKERS INC	190,835	$11,603	0.7%	$54.12	—	SHS	Y7542C130
NUE	NUCOR CORP	28,121	$4,894	0.3%	$159.50	-3.9%	COM	670346105
XPRO	EXPRO GROUP HOLDINGS NV	271,138	$4,317	0.3%	$22.55	-23.4%	COM	N3144W105
WCC	WESCO INTL INC	17,594	$3,059	0.2%	$148.04	-0.9%	COM	95082P105
LNG	CHENIERE ENERGY INC	11,800	$2,014	0.1%	$171.83	0.0%	COM NEW	16411R208
MTZ	MASTEC INC	22,300	$1,689	0.1%	$88.34	-29.2%	COM	576323109
ITRI	ITRON INC	22,200	$1,676	0.1%	$65.03	0.0%	COM	465741106
—	SUNNOVA ENERGY INTL INC.	10,298	$157	0.0%	$25.98	—	COM	86745K104