CIK 1387814
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2019-Q3. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Oil, Gas & Consumable Fuels | 34.51% | 7 |
| Unclassified | 33.17% | 8 |
| Metals & Mining | 25.35% | 6 |
| Utilities | 6.98% | 2 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | FANG | Diamondback Energy, Inc. | Energy | 9.92% |
| 2 | CNQ | CANADIAN NATURAL RESOURCES LTD | Energy | 7.32% |
| 3 | FNV | FRANCO NEVADA CORP | Materials | 6.78% |
| 4 | CALIFORNIA RES CORP | Unclassified | 6.56% | |
| 5 | WPM | WHEATON PRECIOUS METALS CORP | Materials | 6.39% |
| 6 | PIONEER NAT RES CO | Unclassified | 6.25% | |
| 7 | TEXAS | Unclassified | 5.87% | |
| 8 | AR | ANTERO RESOURCES Corp | Energy | 5.67% |
| 9 | RIO | Rio Tinto PLC | Materials | 5.48% |
| 10 | CONTINENTAL RES INC | Unclassified | 4.98% |
15/23 names classified · sector 66.8% of weight · industry 66.8% · mkt cap 40.1%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 66.8% of the book is sector-classified (unclassified names shown, never dropped).
Only 28% of book weight classified — the grid is NOT representative of the whole book.
Classified: 28.4% of book weight (6/17 names) · unclassified 71.6%: , CNQ, FNV, WPM, RIO, NXE, CTRA, VET, NESR, HBM +1 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | FANGDIAMONDBACK ENERGY INC | 50,484 | $5M | 9.9% | TRIM −17% |
| 2 | CNQCANADIAN NAT RES LTD | 106,900 | $3M | 7.3% | HOLD |
| 3 | FNVFRANCO NEV CORP | 31,000 | $3M | 6.8% | HOLD |
| 4 | CALIFORNIA RES CORP | 343,200 | $3M | 6.6% | ADD 41% |
| 5 | WPMWHEATON PRECIOUS METALS CORP | 101,450 | $3M | 6.4% | HOLD |
| 6 | PIONEER NAT RES CO | 19,524 | $3M | 6.3% | HOLD |
| 7 | TEXAS | 3,550 | $3M | 5.9% | TRIM −22% |
| 8 | ARANTERO RESOURCES CORP | 940,100 | $3M | 5.7% | ADD 49% |
| 9 | RIORIO TINTO PLC | 43,600 | $3M | 5.5% | HOLD |
| 10 | CONTINENTAL RES INC | 68,550 | $2M | 5.0% | TRIM −25% |
| 11 | AMANTERO MIDSTREAM CORP | 292,800 | $2M | 4.7% | ADD 96% |
| 12 | NXENEXGEN ENERGY LTD | 1,513,000 | $2M | 4.1% | HOLD |
| 13 | CTRACOTERRA ENERGY INC | 108,822 | $2M | 4.0% | HOLD |
| 14 | VETVERMILION ENERGY INC | 110,800 | $2M | 3.8% | ADD 63% |
| 15 | HALHALLIBURTON CO | 67,601 | $2M | 3.5% | TRIM −14% |
| 16 | CRESCENT PT ENERGY CORP | 281,200 | $1M | 2.7% | TRIM −37% |
| 17 | SLBSCHLUMBERGER LTD | 27,400 | $1M | 2.3% | HOLD |
| 18 | LNGCheniere Energy, Inc | 17,580 | $1M | 2.3% | HOLD |
| 19 | CONCHO RES INC | 10,579 | $926,000 | 2.0% | HOLD |
| 20 | NESRNATIONAL ENERGY SERVICES REU | 100,000 | $912,000 | 1.9% | HOLD |
| 21 | HBMHUDBAY MINERALS INC | 204,650 | $849,000 | 1.8% | HOLD |
| 22 | BRIGHAM MINERALS INC | 19,300 | $414,000 | 0.9% | HOLD |
| 23 | AGIALAMOS GOLD INC NEW | 63,500 | $382,000 | 0.8% | HOLD |
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