Skip to content
Disclosery

Impala Asset Management LLC

Follow

13F filer, CIK 1317679, Palm Beach, FL

Impala Asset Management LLC reported $161,082,810 across 20 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-12. Its ten largest share positions make up 83.3% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001104659-25-110409

Period
2025-09-30
Reported value
$161M
Holdings
20
Top 10 weight
83.3%
New
7
Sold out
10

Largest buys vs the previous quarter

SecurityShares changeApprox. value
WLKnew+115,000$8.86M
HUNadded+575,800$5.17M
IVANHOE MINES LTD COM CL Aadded+389,900$4.13M
OLNnew+120,000$3M
SBLKnew+120,000$2.23M

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

SecurityShares changeApprox. value
TRONOX HOLDINGS PLCreduced-640,685-$258M
TECKexited-287,382-$11.6M
BKEreduced-119,038-$6.98M
ASOreduced-84,809-$4.24M
CENXreduced-114,894-$3.37M

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, Q3 2025

Share positions as resolved from 13F-HR 0001104659-25-110409, largest first. % of portfolio is the value over $161,082,810, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
EROERO COPPER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,209,610 shares; 2024Q4: 1,739,065 shares; 2025Q1: 1,649,901 shares; 2025Q2: 1,699,100 shares; 2025Q3: 1,707,400 shares 1,707,400$31.6M19.64%+8,300Timeline
CENXCENTURY ALUM COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 904,000 shares; 2024Q4: 697,481 shares; 2025Q1: 932,154 shares; 2025Q2: 803,894 shares; 2025Q3: 689,000 shares 689,000$20.2M12.56%-114,894Timeline
ASOACADEMY SPORTS & OUTDOORS INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 360,000 shares; 2025Q1: 305,151 shares; 2025Q2: 481,924 shares; 2025Q3: 397,115 shares 397,115$19.9M12.33%-84,809Timeline
HUNHUNTSMAN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 321,782 shares; 2025Q2: 1,155,200 shares; 2025Q3: 1,731,000 shares 1,731,000$15.5M9.65%+575,800Timeline
BKEBUCKLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 365,000 shares; 2024Q4: 315,247 shares; 2025Q1: 432,080 shares; 2025Q2: 357,038 shares; 2025Q3: 238,000 shares 238,000$14M8.67%-119,038Timeline
WLKWESTLAKE CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 115,000 shares 115,000$8.86M5.5%newTimeline
ANFABERCROMBIE & FITCH COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 34,000 shares; 2025Q1: 113,883 shares; 2025Q2: 99,000 shares; 2025Q3: 81,500 shares 81,500$6.97M4.33%-17,500Timeline
NGDNEW GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,015,000 shares; 2024Q4: 680,000 shares; 2025Q1: 1,000,000 shares; 2025Q2: 940,000 shares; 2025Q3: 900,000 shares 900,000$6.46M4.01%-40,000Timeline
IVANHOE MINES LTD COM CL AIVANHOE MINES LTD COM CL AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 150,000 shares; 2025Q3: 539,900 shares 539,900$5.72M3.55%+389,900
TROXTRONOX HOLDINGS PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 910,000 shares; 2025Q2: 1,165,000 shares; 2025Q3: 1,227,600 shares 1,227,600$4.93M3.06%+62,600Timeline
ARCELORMITTAL SAARCELORMITTAL SAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 18,679 shares; 2025Q2: 185,558 shares; 2025Q3: 131,000 shares 131,000$4.7M2.92%-54,558
ARCBARCBEST CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 34,000 shares; 2024Q4: 107,000 shares; 2025Q1: not reported; 2025Q2: 71,000 shares; 2025Q3: 66,000 shares 66,000$4.61M2.86%-5,000Timeline
TRONOX HOLDINGS PLCTRONOX HOLDINGS PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 60,000 shares; 2025Q2: 651,300 shares; 2025Q3: 10,615 shares 10,615$4.27M2.65%-640,685
OLNOLIN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 120,000 shares 120,000$3M1.86%newTimeline
SBLKSTAR BULK CARRIERS CORP.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 115,000 shares; 2025Q2: not reported; 2025Q3: 120,000 shares 120,000$2.23M1.38%newTimeline
FLRFLUOR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 50,718 shares 50,718$2.13M1.32%newTimeline
HALHALLIBURTON COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 85,000 shares 85,000$2.09M1.3%newTimeline
FXIISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 20,000 shares; 2025Q2: not reported; 2025Q3: 50,000 shares 50,000$2.06M1.28%newTimeline
NTDOYNINTENDO CO LTD SPON ADR -NEW-Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 71,600 shares; 2025Q3: 55,000 shares 55,000$1.17M0.73%-16,600Timeline
CECELANESE CORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 15,000 shares 15,000$631K0.39%newTimeline

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
TECKTECK RESOURCES LTD287,382$11.6Mshares
UPSUNITED PARCEL SVCS INC33,000$3.33Mshares
SLBSLB LIMITED90,042$3.04Mshares
VIKVIKING HOLDINGS LTD45,000$2.4Mshares
COPCONOCOPHILLIPS22,500$2.02Mshares
AMRALPHA METALLURGICAL RESOUR I14,000$1.57Mshares
CVXCHEVRON CORPORATION10,000$1.43Mshares
NEUNEWMARKET CORP20,000$1.17Mshares
EWZISHARES INC34,000$981Kshares
HBMHUDBAY MINERALS INC71,800$762Kshares

How Q3 2025 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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001104659-25-110409 base2025-11-12acceptance time not in the bulk data set
13F-HR/A 0001104659-26-015310 addednew holdings2026-02-13acceptance time not in the bulk data set