Skip to content
Disclosery

Nokomis Capital, L.L.C.

Follow

13F filer, CIK 1541055, DALLAS, TX

Nokomis Capital, L.L.C. reported $301,283,703 across 50 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-14. Its ten largest share positions make up 53.63% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001214659-25-012223

Period
2025-06-30
Reported value
$301M
Holdings
50
Top 10 weight
53.63%
New
5
Sold out
12

Largest buys vs the previous quarter

SecurityShares changeApprox. value
IAUXnew+26,000,000$15.6M
SHOEnew+331,103$6.19M
GLDadded+18,950$5.78M
CDEadded+372,387$3.3M
KREFnew+340,393$2.99M

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
MAG SILVER CORPreduced-774,530-$16.4M
LANDSEA HOMES CORPexited-1,743,738-$11.2M
MECexited-346,966-$4.66M
TOLexited-41,783-$4.41M
CALreduced-299,939-$3.67M

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 2025

Share positions as resolved from 13F-HR 0001214659-25-012223, largest first. % of portfolio is the value over $238,863,936, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
MGMMGM RESORTS INTERNATIONALQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 421,314 shares; 2024Q4: 421,214 shares; 2025Q1: 654,737 shares; 2025Q2: 697,537 shares 697,537$24M10.04%+42,800Timeline
IAUXI-80 GOLD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 26,000,000 shares 26,000,000$15.6M6.51%newTimeline
SDRLSEADRILL LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 249,304 shares; 2024Q4: 275,066 shares; 2025Q1: 563,705 shares; 2025Q2: 520,002 shares 520,002$13.7M5.71%-43,703Timeline
GDXVANECK ETF TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 389,526 shares; 2024Q4: 330,726 shares; 2025Q1: 254,195 shares; 2025Q2: 239,795 shares 239,795$12.5M5.23%-14,400Timeline
BZHBEAZER HOMES USA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 407,131 shares; 2024Q4: 312,545 shares; 2025Q1: 401,259 shares; 2025Q2: 503,966 shares 503,966$11.3M4.72%+102,707Timeline
ARANTERO RESOURCES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 124,755 shares; 2024Q4: 166,900 shares; 2025Q1: 225,300 shares; 2025Q2: 279,508 shares 279,508$11.3M4.71%+54,208Timeline
NXENEXGEN ENERGY LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,248,548 shares; 2024Q4: 1,248,548 shares; 2025Q1: 1,440,048 shares; 2025Q2: 1,564,848 shares 1,564,848$10.9M4.55%+124,800Timeline
GLDSPDR GOLD TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,298 shares; 2024Q4: 11,267 shares; 2025Q1: 13,417 shares; 2025Q2: 32,367 shares 32,367$9.87M4.13%+18,950Timeline
HBMHUDBAY MINERALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 608,322 shares; 2024Q4: 709,312 shares; 2025Q1: 860,030 shares; 2025Q2: 912,730 shares 912,730$9.68M4.05%+52,700Timeline
NGDNEW GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,365,000 shares; 2024Q4: 4,147,296 shares; 2025Q1: 1,915,282 shares; 2025Q2: 1,915,282 shares 1,915,282$9.48M3.97%0Timeline
DRDBROMAN DBDR ACQUISITION CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 748,598 shares; 2025Q2: 700,498 shares 700,498$7.22M3.02%-48,100Timeline
CALCALERES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 791,713 shares; 2025Q1: 882,695 shares; 2025Q2: 582,756 shares 582,756$7.12M2.98%-299,939Timeline
CDECOEUR MNG INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 362,255 shares; 2025Q2: 734,642 shares 734,642$6.51M2.72%+372,387Timeline
SHOESHOE STA GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 331,103 shares 331,103$6.19M2.59%newTimeline
PSLVSPROTT ASSET MANAGEMENT LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 37,800 shares; 2024Q4: 53,700 shares; 2025Q1: 322,821 shares; 2025Q2: 479,721 shares 479,721$5.87M2.46%+156,900Timeline
GDXJVANECK ETF TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 92,515 shares; 2024Q4: 92,515 shares; 2025Q1: 92,515 shares; 2025Q2: 86,315 shares 86,315$5.83M2.44%-6,200Timeline
HNRGHALLADOR ENERGY COMPANYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 360,409 shares; 2025Q2: 362,531 shares 362,531$5.74M2.4%+2,122Timeline
SPPPSPROTT ASSET MANAGEMENT LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 356,189 shares; 2024Q4: 412,923 shares; 2025Q1: 444,923 shares; 2025Q2: 444,923 shares 444,923$5.22M2.18%0Timeline
GFRGREENFIRE RES LTD NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,185,725 shares; 2024Q4: 1,161,725 shares; 2025Q1: 1,161,725 shares; 2025Q2: 1,161,725 shares 1,161,725$5.18M2.17%0Timeline
SILJAMPLIFY ETF TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 417,847 shares; 2024Q4: 417,847 shares; 2025Q1: 417,847 shares; 2025Q2: 345,605 shares 345,605$5.11M2.14%-72,242Timeline
CTRACOTERRA ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 266,617 shares; 2025Q2: 201,217 shares 201,217$5.11M2.14%-65,400Timeline
CNTYCENTURY CASINOS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,296,939 shares; 2024Q4: 2,296,939 shares; 2025Q1: 2,361,793 shares; 2025Q2: 2,361,793 shares 2,361,793$5M2.09%0Timeline
ACRACRES COMMERCIAL REALTY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 261,708 shares; 2024Q4: 264,597 shares; 2025Q1: 254,797 shares; 2025Q2: 254,797 shares 254,797$4.57M1.91%0Timeline
CCITIGROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 63,991 shares; 2025Q1: 59,659 shares; 2025Q2: 53,577 shares 53,577$4.56M1.91%-6,082Timeline
VZLAVIZSLA SILVER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,084,752 shares; 2025Q2: 1,143,852 shares 1,143,852$3.36M1.41%+59,100Timeline
KREFKKR REAL ESTATE FIN TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 340,393 shares 340,393$2.99M1.25%newTimeline
MNRMACH NATURAL RESOURCES LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 213,253 shares; 2024Q4: 213,253 shares; 2025Q1: 203,253 shares; 2025Q2: 202,053 shares 202,053$2.92M1.22%-1,200Timeline
TRTXTPG RE FIN TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 174,673 shares; 2024Q4: 204,673 shares; 2025Q1: 315,871 shares; 2025Q2: 359,574 shares 359,574$2.78M1.16%+43,703Timeline
AEMAGNICO EAGLE MINES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 105,727 shares; 2024Q4: 102,465 shares; 2025Q1: 30,816 shares; 2025Q2: 21,220 shares 21,220$2.52M1.06%-9,596Timeline
MAG SILVER CORPMAG SILVER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 885,043 shares; 2024Q4: 885,043 shares; 2025Q1: 885,043 shares; 2025Q2: 110,513 shares 110,513$2.34M0.98%-774,530
FEIMFREQUENCY ELECTRS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 96,009 shares; 2025Q1: 96,009 shares; 2025Q2: 96,009 shares 96,009$2.18M0.91%0Timeline
SOCSABLE OFFSHORE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 83,005 shares; 2024Q4: 83,005 shares; 2025Q1: 83,005 shares; 2025Q2: 83,005 shares 83,005$1.82M0.76%0Timeline
MLPMAUI LD & PINEAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 91,270 shares; 2024Q4: 91,270 shares; 2025Q1: 91,270 shares; 2025Q2: 91,270 shares 91,270$1.66M0.7%0Timeline
KRPKIMBELL RTY PARTNERS LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 116,098 shares; 2024Q4: 109,470 shares; 2025Q1: 109,470 shares; 2025Q2: 109,470 shares 109,470$1.53M0.64%0Timeline
AGIALAMOS GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 185,380 shares; 2024Q4: 185,380 shares; 2025Q1: 185,380 shares; 2025Q2: 52,780 shares 52,780$1.4M0.59%-132,600Timeline
TXOTXO PARTNERS LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 164,012 shares; 2024Q4: 163,812 shares; 2025Q1: 150,412 shares; 2025Q2: 91,119 shares 91,119$1.37M0.57%-59,293Timeline
CDZICADIZ INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 120,000 shares; 2025Q1: 405,000 shares; 2025Q2: 405,000 shares 405,000$1.21M0.51%0Timeline
CRGYCRESCENT ENERGY COMPANYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 579,927 shares; 2024Q4: 107,525 shares; 2025Q1: 107,525 shares; 2025Q2: 136,703 shares 136,703$1.18M0.49%+29,178Timeline
CGAUCENTERRA GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 151,483 shares; 2024Q4: 141,783 shares; 2025Q1: 141,783 shares; 2025Q2: 141,783 shares 141,783$1.02M0.43%0Timeline
PPTAPERPETUA RESOURCES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 97,633 shares; 2024Q4: 62,033 shares; 2025Q1: 62,033 shares; 2025Q2: 62,033 shares 62,033$753K0.32%0Timeline
EQXEQUINOX GOLD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 52,360 shares 52,360$301K0.13%newTimeline
DRDBWROMAN DBDR ACQUISITION CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 374,299 shares; 2025Q2: 374,299 shares 374,299$187K0.08%0Timeline
MOBXWMOBIX LABS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 30,093 shares; 2025Q1: 30,093 shares; 2025Q2: 30,093 shares 30,093$3.01K<0.01%0Timeline

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).

SecurityTypeAmountValueChange
GLDSPDR GOLD TR GOLD SHScall143,800$43.8M+44,700
SLVISHARES SILVER TR COMcall288,700$9.47M+138,800
ASTSAST SPACEMOBILE INC Stockput94,400$4.41M+19,400
EOSEEOS ENERGY ENTERPRISES INC Stockput405,300$2.08M+21,600
GDXVANECK ETF TRUST GOLD MINERS ETFcall32,800$1.71M-2,000
ASTSAST SPACEMOBILE INC Stockcall19,000$888Knew
SILJAMPLIFY ETF TR AMPLIFY JUNIOR Scall2,100$31.1K0

Sold out in Q2 2025

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

SecurityShares beforeValue beforeType
LANDSEA HOMES CORPLANDSEA HOMES CORP1,743,738$11.2Mshares
QQQINVESCO QQQ TR13,100$6.14Mput
MECMAYVILLE ENGR CO INC346,966$4.66Mshares
TOLTOLL BROTHERS INC41,783$4.41Mshares
RIGTRANSOCEAN LTD1,230,000$3.9Mcall
NMMNAVIOS MARITIME PARTNERS LP73,656$2.89Mshares
APLDAPPLIED DIGITAL CORP324,110$1.82Mshares
NMMNAVIOS MARITIME PARTNERS LP31,000$1.22Mcall
URNMSPROTT FDS TR9,462$307Kshares
Sequans Communications SASequans Communications SA103,574$218Kshares
RILYBRC GROUP HOLDINGS INC29,655$115Kshares
QQQINVESCO QQQ TR200$93.8Kshares

How Q2 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 0001214659-25-012223 base2025-08-14acceptance time not in the bulk data set