Condire Management, LP Diversified Active

Location: Dallas, TX

CIK: 0001847739 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $1.035B (100.0% shares, 0.0% debt)

Holdings (19)

New Positions (1)

CDE COEUR MNG INC 18.0%

Value $187M Shares 9,942,304 Est. Cost $22.32 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CDE	COEUR MNG INC	9,942,304	$187M	18.0%	$22.32	0.0%	COM NEW	192108504

Increased Positions (4)

CHRD CHORD ENERGY CORPORATION 7.6%

Value $79.13M (+68.8%) Shares 556,536 (+10.1%) Est. Cost $77.75 Unrealized +25.8%

IAUX I-80 GOLD CORP 12.1%

Value $125M (+6.5%) Shares 82,103,559 (+2.3%) Est. Cost $0.62 Unrealized +186.2%

BTG B2GOLD CORP 5.1%

Value $52.42M (+3.2%) Shares 11,571,607 (+2.7%) Est. Cost $4.67 Unrealized +9.7%

ODV OSISKO DEVELOPMENT CORP 7.9%

Value $81.42M (+0.9%) Shares 25,050,980 (+8.4%) Est. Cost $2.18 Unrealized +70.3%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CHRD	CHORD ENERGY CORPORATION	556,536 (+10.1%)	$79.13M (+68.8%)	7.6%	$77.75	+25.8%	COM NEW	674215207
IAUX	I-80 GOLD CORP	82,103,559 (+2.3%)	$125M (+6.5%)	12.1%	$0.62	+186.2%	COM	44955L106
BTG	B2GOLD CORP	11,571,607 (+2.7%)	$52.42M (+3.2%)	5.1%	$4.67	+9.7%	COM	11777Q209
ODV	OSISKO DEVELOPMENT CORP	25,050,980 (+8.4%)	$81.42M (+0.9%)	7.9%	$2.18	+70.3%	COM NEW	68828E809

Exited Positions (4)

NGD NEW GOLD INC CDA 23.1%

Value $239M Shares 27,437,020 Est. Cost $1.90 Unrealized +477.5%

AEM AGNICO EAGLE MINES LTD 1.6%

Value $16.14M Shares 95,186 Est. Cost $47.56 Unrealized +333.2%

XME SPDR SERIES TRUST 1.2%

Value $12.69M Shares 122,451 Est. Cost $102.40 Unrealized —

XOP SPDR SERIES TRUST 0.5%

Value $5.18M Shares 41,028 Est. Cost $126.26 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NGD	NEW GOLD INC CDA	27,437,020	$239M	23.1%	$1.90	+477.5%	—	644535106
AEM	AGNICO EAGLE MINES LTD	95,186	$16.14M	1.6%	$47.56	+333.2%	—	008474108
XME	SPDR SERIES TRUST	122,451	$12.69M	1.2%	$102.40	—	—	78464A755
XOP	SPDR SERIES TRUST	41,028	$5.18M	0.5%	$126.26	—	—	78468R556

Decreased Positions (1)

ELE ELEMENTAL RTY CORP 1.2%

Value $12.71M (+9.1%) Shares 674,415 (-1.7%) Est. Cost $15.55 Unrealized +30.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ELE	ELEMENTAL RTY CORP	674,415 (-1.7%)	$12.71M (+9.1%)	1.2%	$15.55	+30.1%	COM NEW	28620K106

Unchanged Positions (13)

VAL VALARIS LTD 11.0%

Value $114M Shares 1,158,651 Est. Cost $50.76 Unrealized +33.3%

RYAM RAYONIER ADVANCED MATLS INC 6.8%

Value $70.39M Shares 6,358,877 Est. Cost $6.44 Unrealized +24.3%

SDRL SEADRILL LTD 5.6%

Value $58.24M Shares 1,279,968 Est. Cost $37.43 Unrealized +4.1%

CVE CENOVUS ENERGY INC 2.8%

Value $29.18M Shares 1,100,000 Est. Cost $16.19 Unrealized +21.1%

SBSW SIBANYE STILLWATER LTD 6.2%

Value $64.61M Shares 5,244,469 Est. Cost $13.01 Unrealized —

TDW TIDEWATER INC NEW 2.3%

Value $23.89M Shares 285,900 Est. Cost $64.75 Unrealized -1.1%

NEXM NEXMETALS MINING CORP. 0.8%

Value $8.608M Shares 3,513,500 Est. Cost $4.27 Unrealized -9.8%

IAUX/WS I-80 GOLD CORP 4.0%

Value $41.54M Shares 41,541,599 Est. Cost $0.46 Unrealized —

CNR CORE NATURAL RESOURCES INC 2.0%

Value $21.12M Shares 201,663 Est. Cost $84.05 Unrealized +10.4%

TEN TSAKOS ENERGY NAVIGATION LTD 0.7%

Value $7.536M Shares 190,977 Est. Cost $17.42 Unrealized +55.2%

CDLR CADELER A S 1.4%

Value $14.69M Shares 624,400 Est. Cost $18.40 Unrealized —

EXK ENDEAVOUR SILVER CORP 4.1%

Value $41.93M Shares 4,503,543 Est. Cost $6.33 Unrealized +87.4%

MUX MCEWEN INC. 0.2%

Value $2.307M Shares 113,000 Est. Cost $9.23 Unrealized +164.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VAL	VALARIS LTD	1,158,651	$114M	11.0%	$50.76	+33.3%	CL A	G9460G101
RYAM	RAYONIER ADVANCED MATLS INC	6,358,877	$70.39M	6.8%	$6.44	+24.3%	COM	75508B104
SDRL	SEADRILL LTD	1,279,968	$58.24M	5.6%	$37.43	+4.1%	COM	G7997W102
CVE	CENOVUS ENERGY INC	1,100,000	$29.18M	2.8%	$16.19	+21.1%	COM	15135U109
SBSW	SIBANYE STILLWATER LTD	5,244,469	$64.61M	6.2%	$13.01	—	SPONSORED ADR	82575P107
TDW	TIDEWATER INC NEW	285,900	$23.89M	2.3%	$64.75	-1.1%	COM	88642R109
NEXM	NEXMETALS MINING CORP.	3,513,500	$8.608M	0.8%	$4.27	-9.8%	COM NEW	65346E204
IAUX/WS	I-80 GOLD CORP	41,541,599	$41.54M	4.0%	$0.46	—	*W EXP 11/16/202	44955L155
CNR	CORE NATURAL RESOURCES INC	201,663	$21.12M	2.0%	$84.05	+10.4%	COM SHS	218937100
TEN	TSAKOS ENERGY NAVIGATION LTD	190,977	$7.536M	0.7%	$17.42	+55.2%	SHS	G9108L173
CDLR	CADELER A S	624,400	$14.69M	1.4%	$18.40	—	SPON ADR	12738K109
EXK	ENDEAVOUR SILVER CORP	4,503,543	$41.93M	4.1%	$6.33	+87.4%	COM	29258Y103
MUX	MCEWEN INC.	113,000	$2.307M	0.2%	$9.23	+164.9%	COM NEW	58039P305