Condire Management, LP Diversified Active

Location: Dallas, TX

CIK: 0001847739 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value: $835M (100.0% shares, 0.0% debt)

Holdings (20)

NGD NEW GOLD INC CDA 25.8%

Value $216M Shares 30,039,918 Share Price $7.18 * Est. Cost/Share $1.90 Unrealized @ Report Date +184.6%

SSRM SSR MINING IN 9.8%

Value $81.9M Shares 3,353,891 Share Price $24.42 * Est. Cost/Share $13.46 Unrealized @ Report Date +25.7%

IAUX I-80 GOLD CORP 9.2%

Value $76.53M Shares 80,100,000 Share Price $0.96 * Est. Cost/Share $0.59 Unrealized @ Report Date +23.5%

ODV OSISKO DEVELOPMENT CORP 8.9%

Value $74.46M Shares 21,964,844 Share Price $3.39 * Est. Cost/Share $1.98 Unrealized @ Report Date +33.8%

VAL VALARIS LTD 6.8%

Value $56.51M Shares 1,158,651 Share Price $48.77 Est. Cost/Share $50.76 Unrealized @ Report Date -3.9%

SBSW SIBANYE STILLWATER LTD 6.7%

Value $55.81M Shares 4,964,929 Share Price $11.24 Est. Cost/Share $12.94 Unrealized @ Report Date —

CHRD CHORD ENERGY CORPORATION 6.3%

Value $52.79M Shares 531,291 Share Price $99.37 * Est. Cost/Share $75.73 Unrealized @ Report Date +35.9%

RYAM RAYONIER ADVANCED MATLS INC 5.5%

Value $45.89M Shares 6,356,130 Share Price $7.22 * Est. Cost/Share $6.44 Unrealized @ Report Date -20.0%

SDRL SEADRILL LTD 4.6%

Value $38.67M Shares 1,279,968 Share Price $30.21 Est. Cost/Share $37.43 Unrealized @ Report Date -18.6%

EXK ENDEAVOUR SILVER CORP 2.8%

Value $23.52M Shares 3,000,000 Share Price $7.84 * Est. Cost/Share $5.25 Unrealized @ Report Date +12.5%

CVE CENOVUS ENERGY INC 2.2%

Value $18.69M Shares 1,100,000 Share Price $16.99 * Est. Cost/Share $16.19 Unrealized @ Report Date -3.6%

IAUX/WS I-80 GOLD CORP 2.2%

Value $18.38M Shares 40,846,499 Share Price $0.45 Est. Cost/Share $0.45 Unrealized @ Report Date —

CNR CORE NATURAL RESOURCES INC 2.0%

Value $16.83M Shares 201,663 Share Price $83.48 * Est. Cost/Share $84.05 Unrealized @ Report Date -11.1%

AEM AGNICO EAGLE MINES LTD 1.9%

Value $16.04M Shares 95,186 Share Price $168.56 * Est. Cost/Share $47.56 Unrealized @ Report Date +187.7%

TDW TIDEWATER INC NEW 1.8%

Value $15.25M Shares 285,900 Share Price $53.33 * Est. Cost/Share $64.75 Unrealized @ Report Date -15.4%

CDLR CADELER A S 1.5%

Value $12.89M Shares 624,400 Share Price $20.65 Est. Cost/Share $18.40 Unrealized @ Report Date —

INSW INTERNATIONAL SEAWAYS INC 1.1%

Value $8.975M Shares 194,763 Share Price $46.08 * Est. Cost/Share $34.25 Unrealized @ Report Date +22.6%

TEN TSAKOS ENERGY NAVIGATION LTD 0.5%

Value $4.244M Shares 190,977 Share Price $22.22 * Est. Cost/Share $17.42 Unrealized @ Report Date +20.5%

MUX MCEWEN INC. 0.2%

Value $1.932M Shares 113,000 Share Price $17.10 * Est. Cost/Share $9.23 Unrealized @ Report Date +29.7%

XME SPDR SERIES TRUST 0.0%

Value $380K Shares 4,076 Share Price $93.19 Est. Cost/Share $67.22 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
NGD	NEW GOLD INC CDA	30,039,918	$216M	25.8%	$7.18 *	$1.90	+184.6%	COM	644535106
SSRM	SSR MINING IN	3,353,891	$81.9M	9.8%	$24.42 *	$13.46	+25.7%	COM	784730103
IAUX	I-80 GOLD CORP	80,100,000	$76.53M	9.2%	$0.96 *	$0.59	+23.5%	COM	44955L106
ODV	OSISKO DEVELOPMENT CORP	21,964,844	$74.46M	8.9%	$3.39 *	$1.98	+33.8%	COM NEW	68828E809
VAL	VALARIS LTD	1,158,651	$56.51M	6.8%	$48.77	$50.76	-3.9%	CL A	G9460G101
SBSW	SIBANYE STILLWATER LTD	4,964,929	$55.81M	6.7%	$11.24	$12.94	—	SPONSORED ADR	82575P107
CHRD	CHORD ENERGY CORPORATION	531,291	$52.79M	6.3%	$99.37 *	$75.73	+35.9%	COM NEW	674215207
RYAM	RAYONIER ADVANCED MATLS INC	6,356,130	$45.89M	5.5%	$7.22 *	$6.44	-20.0%	COM	75508B104
SDRL	SEADRILL LTD	1,279,968	$38.67M	4.6%	$30.21	$37.43	-18.6%	COM	G7997W102
EXK	ENDEAVOUR SILVER CORP	3,000,000	$23.52M	2.8%	$7.84 *	$5.25	+12.5%	COM	29258Y103
CVE	CENOVUS ENERGY INC	1,100,000	$18.69M	2.2%	$16.99 *	$16.19	-3.6%	COM	15135U109
IAUX/WS	I-80 GOLD CORP	40,846,499	$18.38M	2.2%	$0.45	$0.45	—	*W EXP 11/16/202	44955L155
CNR	CORE NATURAL RESOURCES INC	201,663	$16.83M	2.0%	$83.48 *	$84.05	-11.1%	COM SHS	218937100
AEM	AGNICO EAGLE MINES LTD	95,186	$16.04M	1.9%	$168.56 *	$47.56	+187.7%	COM	008474108
TDW	TIDEWATER INC NEW	285,900	$15.25M	1.8%	$53.33 *	$64.75	-15.4%	COM	88642R109
CDLR	CADELER A S	624,400	$12.89M	1.5%	$20.65	$18.40	—	SPON ADR	12738K109
INSW	INTERNATIONAL SEAWAYS INC	194,763	$8.975M	1.1%	$46.08 *	$34.25	+22.6%	COM	Y41053102
TEN	TSAKOS ENERGY NAVIGATION LTD	190,977	$4.244M	0.5%	$22.22 *	$17.42	+20.5%	SHS	G9108L173
MUX	MCEWEN INC.	113,000	$1.932M	0.2%	$17.10 *	$9.23	+29.7%	COM NEW	58039P305
XME	SPDR SERIES TRUST	4,076	$380K	0.0%	$93.19	$67.22	—	S&P METALS MNG	78464A755