Deep Basin Capital LP
Follow13F filer, CIK 1719655, STAMFORD, CT
Deep Basin Capital LP reported $1,455,433,000 across 48 holdings for the quarter ended 2019-06-30, in a 13F-HR filed 2019-08-14. Its ten largest share positions make up 61.17% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000950123-19-008320
- Period
- 2019-06-30
- Reported value
- $1.46B
- Holdings
- 48
- Top 10 weight
- 61.17%
- New
- 18
- Sold out
- 8
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| EOGnew | +619,348 | $57.7M |
| Concho Resources Inc.new | +475,533 | $49.1M |
| PAGPadded | +1,796,638 | $44.9M |
| SUadded | +1,393,896 | $43.5M |
| LNGadded | +472,267 | $32.3M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| ANADARKO PETROLEUM CORPexited | -1,476,033 | -$67.1M |
| FANGreduced | -342,595 | -$37.3M |
| CNQexited | -1,288,615 | -$35.4M |
| OKEexited | -331,546 | -$23.2M |
| CVXreduced | -134,999 | -$16.8M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q2 2019
Share positions as resolved from 13F-HR 0000950123-19-008320, largest first. % of portfolio is the value over $1,128,514,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| PAGPPLAINS GP HLDGS L P | 4,449,708 | $111M | 9.85% | +1,796,638 | Timeline | ||
| WPX ENERGY INCWPX ENERGY INC | 7,679,105 | $88.4M | 7.83% | +2,759,306 | |||
| SUSUNCOR ENERGY INC NEW | 2,613,855 | $81.5M | 7.22% | +1,393,896 | Timeline | ||
| CTRACOTERRA ENERGY INC | 2,944,918 | $67.6M | 5.99% | +39,504 | Timeline | ||
| CIMAREX ENERGY CO COMCIMAREX ENERGY CO COM | 1,125,161 | $66.8M | 5.92% | +264,672 | |||
| JAGGED PEAK ENERGY INCJAGGED PEAK ENERGY INC | 7,845,667 | $64.9M | 5.75% | +2,913,149 | |||
| EOGEOG RES INC | 619,348 | $57.7M | 5.11% | new | Timeline | ||
| LNGCHENIERE ENERGY INC | 806,682 | $55.2M | 4.89% | +472,267 | Timeline | ||
| Concho Resources Inc.Concho Resources Inc. | 475,533 | $49.1M | 4.35% | new | |||
| CONTINENTAL RES INCCONTINENTAL RES INC | 1,142,366 | $48.1M | 4.26% | -347,766 | |||
| CVXCHEVRON CORPORATION | 374,377 | $46.6M | 4.13% | -134,999 | Timeline | ||
| DVNDEVON ENERGY CORP NEW | 1,429,425 | $40.8M | 3.61% | +459,449 | Timeline | ||
| EQTEQT CORP | 2,406,581 | $38M | 3.37% | +181,632 | Timeline | ||
| SRC ENERGY INCSRC ENERGY INC | 7,459,009 | $37M | 3.28% | +984,246 | |||
| COPCONOCOPHILLIPS | 560,786 | $34.2M | 3.03% | +95,725 | Timeline | ||
| EQUITRANS MIDSTREAM CORP NPVEQUITRANS MIDSTREAM CORP NPV | 1,428,977 | $28.2M | 2.5% | +351,407 | |||
| FANGDIAMONDBACK ENERGY INC | 257,065 | $28M | 2.48% | -342,595 | Timeline | ||
| BPBP PLC | 587,086 | $24.5M | 2.17% | new | Timeline | ||
| TRGPTARGA RES CORP | 565,032 | $22.2M | 1.97% | +54,937 | Timeline | ||
| SPARTAN ENERGY ACQUISITION CSPARTAN ENERGY ACQUISITION C | 2,015,592 | $20.6M | 1.83% | 0 | |||
| PDC ENERGY INCPDC ENERGY INC | 545,228 | $19.7M | 1.74% | +77,163 | |||
| CARRIZO OIL & GAS INCCARRIZO OIL & GAS INC | 1,854,838 | $18.6M | 1.65% | -176,895 | |||
| TORTOISE ACQUISITION CORPTORTOISE ACQUISITION CORP | 1,500,000 | $15.1M | 1.34% | 0 | |||
| CHORD ENERGY CORPORATIONCHORD ENERGY CORPORATION | 2,563,917 | $14.6M | 1.29% | +1,576,263 | |||
| RATTLER MIDSTREAM LPRATTLER MIDSTREAM LP | 618,305 | $12M | 1.06% | new | |||
| OXYOCCIDENTAL PETE CORP | 197,271 | $9.92M | 0.88% | new | Timeline | ||
| BRYBerry Corp | 736,876 | $7.81M | 0.69% | new | Timeline | ||
| GOODRICH PETE CORP COM PARGOODRICH PETE CORP COM PAR | 574,095 | $7.46M | 0.66% | -9,703 | |||
| KOSKOSMOS ENERGY LTD | 1,053,426 | $6.6M | 0.59% | new | Timeline | ||
| RRCRANGE RES CORP | 920,052 | $6.42M | 0.57% | +488,804 | Timeline | ||
| ARANTERO RESOURCES CORP | 42 | $0 | 0% | new | Value filed as zero, left out of ratios. | Timeline |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| PAGPPLAINS GP HLDGS L P LTD PARTNR INT A | put | 3,500,000 | $87.4M | new |
| SOUTHWESTERN ENERGY COSOUTHWESTERN ENERGY CO COM | put | 12,830,600 | $40.5M | +12,126,600 |
| HESS CORPHESS CORP COM | put | 550,000 | $35M | new |
| LNGCHENIERE ENERGY INC Stock | put | 500,000 | $34.2M | +280,000 |
| PIONEER NATURAL RESOURCES COPIONEER NATURAL RESOURCES CO COM | call | 188,500 | $29M | +88,500 |
| CIMAREX ENERGY CO COMCIMAREX ENERGY CO COM Stock | call | 251,700 | $14.9M | new |
| QEP RESOURCES INCQEP RESOURCES INC COM | put | 1,967,600 | $14.2M | +815,400 |
| MURMURPHY OIL CORP Stock | put | 547,100 | $13.5M | new |
| WPX ENERGY INCWPX ENERGY INC COM | call | 1,094,200 | $12.6M | new |
| ENCANA CORPENCANA CORP COM | put | 2,000,000 | $10.3M | new |
| CALLON PETE CO DELCALLON PETE CO DEL COM | call | 1,500,000 | $9.89M | new |
| NFGNATIONAL FUEL GAS CO Stock | put | 142,900 | $7.54M | new |
| ARANTERO RESOURCES CORP Stock | call | 1,000,000 | $5.53M | new |
| CALIFORNIA RES CORPCALIFORNIA RES CORP COM NEW | put | 176,800 | $3.48M | new |
| CTRACOTERRA ENERGY INC Stock | put | 150,000 | $3.44M | +90,000 |
| CHESEPEAKE ENERGY CORPCHESEPEAKE ENERGY CORP COM | put | 1,560,000 | $3.04M | +743,000 |
| RRCRANGE RES CORP Stock | call | 338,900 | $2.37M | +233,900 |
Sold out in Q2 2019
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| ANADARKO PETROLEUM CORPANADARKO PETROLEUM CORP | 1,476,033 | $67.1M | shares |
| CNQCANADIAN NAT RES LTD MED TER | 1,288,615 | $35.4M | shares |
| TRANSCANADA CORPTRANSCANADA CORP | 625,000 | $28.1M | put |
| OKEONEOK INC NEW | 331,546 | $23.2M | shares |
| ANADARKO PETROLEUM CORPANADARKO PETROLEUM CORP | 430,000 | $19.6M | call |
| TRGPTARGA RES CORP | 350,000 | $14.5M | put |
| WMBWILLIAMS COS INC | 250,000 | $7.18M | put |
| Gulfport EnergyGulfport Energy | 277,300 | $2.22M | put |
How Q2 2019 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0000950123-19-008320 | base | 2019-08-14 | acceptance time not in the bulk data set |