USCF Advisers LLC Concentrated Active

Location: Walnut Creek, CA

CIK: 0001633971 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Oct 30, 2025

Total Value: $996K (100.0% shares, 0.0% debt)

Holdings (20)

ZSB USCF SUST BATTERY METAL FUND 69.1%

Value $688K Shares 41,500 Share Price $16.58 Est. Cost/Share $14.69 Unrealized @ Report Date —

MP MP MATERIALS CORP 5.4%

Value $53,656 Shares 800 Share Price $67.07 Est. Cost/Share $26.08 Unrealized @ Report Date +157.2%

FSLR FIRST SOLAR INC 4.4%

Value $44,106 Shares 200 Share Price $220.53 Est. Cost/Share $169.76 Unrealized @ Report Date +29.9%

CSIQ CANADIAN SOLAR INC 3.3%

Value $32,600 Shares 2,500 Share Price $13.04 Est. Cost/Share $21.46 Unrealized @ Report Date -39.2%

ARRY ARRAY TECHNOLOGIES INC 2.9%

Value $28,525 Shares 3,500 Share Price $8.15 Est. Cost/Share $11.82 Unrealized @ Report Date -31.0%

RUN SUNRUN INC 2.3%

Value $22,477 Shares 1,300 Share Price $17.29 Est. Cost/Share $14.32 Unrealized @ Report Date +20.7%

RNW RENEW ENERGY GLOBAL PLC-A 2.0%

Value $20,020 Shares 2,600 Share Price $7.70 Est. Cost/Share $5.92 Unrealized @ Report Date +30.0%

SQM QUIMICA Y MINERA CHIL-SP ADR 1.7%

Value $17,192 Shares 400 Share Price $42.98 Est. Cost/Share $49.70 Unrealized @ Report Date -13.5%

— GRAFTECH INTERNATIONAL LTD 1.7%

Value $16,922 Shares 1,320 Share Price $12.82 Est. Cost/Share $2.03 Unrealized @ Report Date —

ALB ALBEMARLE CORP 1.6%

Value $16,216 Shares 200 Share Price $81.08 Est. Cost/Share $183.94 Unrealized @ Report Date -56.1%

NEE NEXTERA ENERGY INC 1.5%

Value $15,098 Shares 200 Share Price $75.49 Est. Cost/Share $64.42 Unrealized @ Report Date +16.4%

BEPC BROOKFIELD RENEWABLE CORP 1.0%

Value $10,326 Shares 300 Share Price $34.42 Est. Cost/Share $29.14 Unrealized @ Report Date +17.0%

ORA ORMAT TECHNOLOGIES INC 1.0%

Value $9,625 Shares 100 Share Price $96.25 Est. Cost/Share $76.40 Unrealized @ Report Date +25.9%

HXL HEXCEL CORP 0.6%

Value $6,270 Shares 100 Share Price $62.70 Est. Cost/Share $71.11 Unrealized @ Report Date -11.8%

MAXN MAXEON SOLAR TECHNOLOGIE 0.6%

Value $6,134 Shares 1,831 Share Price $3.35 * Est. Cost/Share $7.75 Unrealized @ Report Date -49.6%

ENPH ENPHASE ENERGY INC 0.4%

Value $3,539 Shares 100 Share Price $35.39 Est. Cost/Share $142.45 Unrealized @ Report Date -75.2%

AMRC AMERESCO INC-CL A 0.3%

Value $3,358 Shares 100 Share Price $33.58 Est. Cost/Share $28.88 Unrealized @ Report Date +16.3%

VALE VALE SA-SP ADR 0.1%

Value $1,086 Shares 100 Share Price $10.86 Est. Cost/Share $14.33 Unrealized @ Report Date -24.2%

TROX TRONOX HOLDINGS PLC 0.1%

Value $804 Shares 200 Share Price $4.02 Est. Cost/Share $15.42 Unrealized @ Report Date -73.9%

TPICQ TPI COMPOSITES INC 0.0%

Value $133 Shares 4,300 Share Price $0.03 * Est. Cost/Share $2.78 Unrealized @ Report Date -85.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ZSB	USCF SUST BATTERY METAL FUND	41,500	$688K	69.1%	$16.58	$14.69	—	Common	90290T841
MP	MP MATERIALS CORP	800	$53,656	5.4%	$67.07	$26.08	+157.2%	COMMON	553368101
FSLR	FIRST SOLAR INC	200	$44,106	4.4%	$220.53	$169.76	+29.9%	COMMON	336433107
CSIQ	CANADIAN SOLAR INC	2,500	$32,600	3.3%	$13.04	$21.46	-39.2%	COMMON	136635109
ARRY	ARRAY TECHNOLOGIES INC	3,500	$28,525	2.9%	$8.15	$11.82	-31.0%	COMMON	04271T100
RUN	SUNRUN INC	1,300	$22,477	2.3%	$17.29	$14.32	+20.7%	COMMON	86771W105
RNW	RENEW ENERGY GLOBAL PLC-A	2,600	$20,020	2.0%	$7.70	$5.92	+30.0%	ADR	G7500M104
SQM	QUIMICA Y MINERA CHIL-SP ADR	400	$17,192	1.7%	$42.98	$49.70	-13.5%	ADR	833635105
—	GRAFTECH INTERNATIONAL LTD	1,320	$16,922	1.7%	$12.82	$2.03	—	COMMON	384313508
ALB	ALBEMARLE CORP	200	$16,216	1.6%	$81.08	$183.94	-56.1%	COMMON	012653101
NEE	NEXTERA ENERGY INC	200	$15,098	1.5%	$75.49	$64.42	+16.4%	COMMON	65339F101
BEPC	BROOKFIELD RENEWABLE CORP	300	$10,326	1.0%	$34.42	$29.14	+17.0%	ADR	11285B108
ORA	ORMAT TECHNOLOGIES INC	100	$9,625	1.0%	$96.25	$76.40	+25.9%	COMMON	686688102
HXL	HEXCEL CORP	100	$6,270	0.6%	$62.70	$71.11	-11.8%	COMMON	428291108
MAXN	MAXEON SOLAR TECHNOLOGIE	1,831	$6,134	0.6%	$3.35 *	$7.75	-49.6%	ADR	Y58473128
ENPH	ENPHASE ENERGY INC	100	$3,539	0.4%	$35.39	$142.45	-75.2%	COMMON	29355A107
AMRC	AMERESCO INC-CL A	100	$3,358	0.3%	$33.58	$28.88	+16.3%	COMMON	02361E108
VALE	VALE SA-SP ADR	100	$1,086	0.1%	$10.86	$14.33	-24.2%	ADR	91912E105
TROX	TRONOX HOLDINGS PLC	200	$804	0.1%	$4.02	$15.42	-73.9%	ADR	G9087Q102
TPICQ	TPI COMPOSITES INC	4,300	$133	0.0%	$0.03 *	$2.78	-85.7%	COMMON	87266J104