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Yaupon Capital Management LP

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13F filer, CIK 1755028, NEW YORK, NY

Yaupon Capital Management LP reported $2,613,489,501 across 113 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-14. Its ten largest share positions make up 31.6% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001755028-25-000007

Period
2025-09-30
Reported value
$2.61B
Holdings
113
Top 10 weight
31.6%
New
56
Sold out
59

Largest buys vs the previous quarter

SecurityShares changeApprox. value
AWKadded+454,709$63.3M
TRPnew+976,913$53.1M
AESadded+3,365,508$44.3M
CATnew+82,253$39.2M
WMBnew+540,412$34.2M

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
AEPexited-457,880-$47.5M
EVRGreduced-608,767-$46.3M
NIexited-909,161-$36.7M
HESS CORPexited-254,343-$35.2M
CSXexited-1,036,094-$33.8M

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, Q3 2025

Share positions as resolved from 13F-HR 0001755028-25-000007, largest first. % of portfolio is the value over $1,941,072,915, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
BPBP PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,600,911 shares; 2025Q1: 1,988,362 shares; 2025Q2: 1,910,792 shares; 2025Q3: 2,532,571 shares 2,532,571$87.3M4.5%+621,779Timeline
AWKAMERICAN WTR WKS CO INC NEWQuarterly 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: 89,931 shares; 2025Q2: 140,529 shares; 2025Q3: 595,238 shares 595,238$82.9M4.27%+454,709Timeline
SHELSHELL PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 693,641 shares; 2024Q4: 686,365 shares; 2025Q1: 854,449 shares; 2025Q2: 804,153 shares; 2025Q3: 972,689 shares 972,689$69.6M3.58%+168,536Timeline
AESAES 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: 994,713 shares; 2025Q3: 4,360,221 shares 4,360,221$57.4M2.96%+3,365,508Timeline
CVECENOVUS ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,661,010 shares; 2024Q4: not reported; 2025Q1: 1,418,730 shares; 2025Q2: 2,658,198 shares; 2025Q3: 3,240,859 shares 3,240,859$55.1M2.84%+582,661Timeline
LNGCHENIERE ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 79,405 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 122,933 shares; 2025Q3: 230,002 shares 230,002$54M2.78%+107,069Timeline
TRPTC ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 769,458 shares; 2024Q4: 1,054,695 shares; 2025Q1: 539,615 shares; 2025Q2: not reported; 2025Q3: 976,913 shares 976,913$53.1M2.74%newTimeline
EQTEQT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,310,133 shares; 2024Q4: 399,934 shares; 2025Q1: 810,538 shares; 2025Q2: 639,896 shares; 2025Q3: 973,764 shares 973,764$53M2.73%+333,868Timeline
DUKDUKE ENERGY CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 93,599 shares; 2024Q4: 227,935 shares; 2025Q1: 228,495 shares; 2025Q2: 248,767 shares; 2025Q3: 417,730 shares 417,730$51.7M2.66%+168,963Timeline
OVVOVINTIV INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 269,881 shares; 2024Q4: 934,442 shares; 2025Q1: 1,164,408 shares; 2025Q2: 973,584 shares; 2025Q3: 1,223,966 shares 1,223,966$49.4M2.55%+250,382Timeline
MTDRMATADOR RES COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 744,037 shares; 2024Q4: 645,243 shares; 2025Q1: 614,301 shares; 2025Q2: 574,388 shares; 2025Q3: 1,070,805 shares 1,070,805$48.1M2.48%+496,417Timeline
PRPERMIAN RESOURCES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,748,416 shares; 2024Q4: 3,140,087 shares; 2025Q1: 1,982,187 shares; 2025Q2: 2,680,514 shares; 2025Q3: 3,498,246 shares 3,498,246$44.8M2.31%+817,732Timeline
VSTVISTRA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 82,137 shares; 2025Q1: not reported; 2025Q2: 67,867 shares; 2025Q3: 225,000 shares 225,000$44.1M2.27%+157,133Timeline
ETRENTERGY CORP NEWQuarterly 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: 581,185 shares; 2025Q2: 534,514 shares; 2025Q3: 469,128 shares 469,128$43.7M2.25%-65,386Timeline
PNWPINNACLE WEST CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 250,291 shares; 2024Q4: 290,354 shares; 2025Q1: 239,533 shares; 2025Q2: 372,131 shares; 2025Q3: 483,649 shares 483,649$43.4M2.23%+111,518Timeline
DTEDTE ENERGY COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 279,476 shares; 2024Q4: 106,875 shares; 2025Q1: 191,200 shares; 2025Q2: 213,813 shares; 2025Q3: 298,126 shares 298,126$42.2M2.17%+84,313Timeline
FTITECHNIPFMC PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,263,549 shares; 2025Q1: 1,115,011 shares; 2025Q2: 1,142,296 shares; 2025Q3: 1,062,450 shares 1,062,450$41.9M2.16%-79,846Timeline
CATCATERPILLAR INCQuarterly 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: 82,253 shares 82,253$39.2M2.02%newTimeline
FSLRFIRST SOLAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 85,098 shares; 2024Q4: 190,534 shares; 2025Q1: 100,201 shares; 2025Q2: 84,402 shares; 2025Q3: 173,588 shares 173,588$38.3M1.97%+89,186Timeline
WMBWILLIAMS COS INCQuarterly 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: 540,412 shares 540,412$34.2M1.76%newTimeline
CNPCENTERPOINT ENERGY INCQuarterly 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: 704,980 shares; 2025Q2: not reported; 2025Q3: 818,480 shares 818,480$31.8M1.64%newTimeline
AQNALGONQUIN POWER & UTILITIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,201,336 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 4,307,038 shares; 2025Q3: 5,888,508 shares 5,888,508$31.6M1.63%+1,581,470Timeline
HWMHOWMET AEROSPACE INCQuarterly 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: 160,416 shares 160,416$31.5M1.62%newTimeline
CVXCHEVRON 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: 190,203 shares 190,203$29.5M1.52%newTimeline
AEEAMEREN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 278,779 shares; 2024Q4: 233,700 shares; 2025Q1: 256,302 shares; 2025Q2: 459,930 shares; 2025Q3: 270,949 shares 270,949$28.3M1.46%-188,981Timeline
KGSKODIAK GAS SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 73,946 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 725,000 shares 725,000$26.8M1.38%newTimeline
CNQCANADIAN NAT RES LTD MED TERQuarterly 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: 1,403,457 shares; 2025Q2: 794,101 shares; 2025Q3: 822,752 shares 822,752$26.3M1.36%+28,651Timeline
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: 1,057,932 shares 1,057,932$26M1.34%newTimeline
LNTALLIANT ENERGY 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: 473,557 shares; 2025Q3: 384,559 shares 384,559$25.9M1.34%-88,998Timeline
RIGTRANSOCEAN LTDQuarterly 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: 8,250,000 shares 8,250,000$25.7M1.33%newTimeline
WBIWATERBRIDGE INFRASTRUCTURE LQuarterly 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: 1,000,000 shares 1,000,000$25.2M1.3%newTimeline
SHLSSHOALS TECHNOLOGIES GROUP INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,530,289 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 847,727 shares; 2025Q3: 3,219,416 shares 3,219,416$23.9M1.23%+2,371,689Timeline
SHWSHERWIN WILLIAMS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 38,340 shares; 2024Q4: 26,057 shares; 2025Q1: not reported; 2025Q2: 52,623 shares; 2025Q3: 67,571 shares 67,571$23.4M1.21%+14,948Timeline
NEXTNEXTDECADE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,129,181 shares; 2024Q4: 2,340,311 shares; 2025Q1: 3,967,381 shares; 2025Q2: 3,672,399 shares; 2025Q3: 3,356,285 shares 3,356,285$22.8M1.17%-316,114Timeline
DINOHF SINCLAIR 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: 21,341 shares; 2025Q2: not reported; 2025Q3: 406,436 shares 406,436$21.3M1.1%newTimeline
LGNLEGENCE 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: 625,000 shares 625,000$19.3M0.99%newTimeline
TACTRANSALTA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,685,955 shares; 2024Q4: 705,848 shares; 2025Q1: 1,680,101 shares; 2025Q2: 1,160,494 shares; 2025Q3: 1,394,087 shares 1,394,087$19M0.98%+233,593Timeline
VLTOVERALTO 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: 171,302 shares 171,302$18.3M0.94%newTimeline
NSCNORFOLK SOUTHN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 115,905 shares; 2024Q4: 118,902 shares; 2025Q1: not reported; 2025Q2: 80,851 shares; 2025Q3: 60,044 shares 60,044$18M0.93%-20,807Timeline
IDAIDACORP INCQuarterly 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: 161,832 shares; 2025Q3: 133,877 shares 133,877$17.7M0.91%-27,955Timeline
ESEVERSOURCE ENERGYQuarterly 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: 183,437 shares; 2025Q3: 248,083 shares 248,083$17.6M0.91%+64,646Timeline
DTMDT MIDSTREAM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 202,376 shares; 2025Q1: 216,497 shares; 2025Q2: 148,825 shares; 2025Q3: 154,243 shares 154,243$17.4M0.9%+5,418Timeline
CEGCONSTELLATION ENERGY 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: 51,957 shares 51,957$17.1M0.88%newTimeline
ECLECOLAB INCQuarterly 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: 29,062 shares; 2025Q3: 61,366 shares 61,366$16.8M0.87%+32,304Timeline
NFGNATIONAL FUEL GAS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 387,756 shares; 2024Q4: 568,624 shares; 2025Q1: 234,640 shares; 2025Q2: 472,790 shares; 2025Q3: 178,106 shares 178,106$16.5M0.85%-294,684Timeline
SDRLSEADRILL LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 300,349 shares; 2024Q4: 541,250 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 517,848 shares 517,848$15.6M0.81%newTimeline
EVRGEVERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 540,162 shares; 2024Q4: 548,578 shares; 2025Q1: 396,263 shares; 2025Q2: 810,504 shares; 2025Q3: 201,737 shares 201,737$15.3M0.79%-608,767Timeline
TXNMTXNM ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 323,487 shares; 2024Q4: 639,345 shares; 2025Q1: 286,974 shares; 2025Q2: 150,165 shares; 2025Q3: 246,378 shares 246,378$13.9M0.72%+96,213Timeline
VRTVERTIV HOLDINGS 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: 87,307 shares 87,307$13.2M0.68%newTimeline
TBNTAMBORAN RES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 139,355 shares; 2024Q4: 315,544 shares; 2025Q1: 315,544 shares; 2025Q2: 315,544 shares; 2025Q3: 465,544 shares 465,544$12.7M0.66%+150,000Timeline
CTRICENTURI HOLDINGS INCQuarterly 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: 596,950 shares 596,950$12.6M0.65%newTimeline
MIRMIRION TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 214,042 shares; 2024Q4: 178,554 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 525,000 shares 525,000$12.2M0.63%newTimeline
HBMHUDBAY MINERALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,710,455 shares; 2024Q4: 1,458,356 shares; 2025Q1: 1,777,347 shares; 2025Q2: 1,370,782 shares; 2025Q3: 790,405 shares 790,405$12M0.62%-580,377Timeline
NRGNRG ENERGY INCQuarterly 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: 69,268 shares 69,268$11.2M0.58%newTimeline
TLNCUTALON CAP 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: 1,000,000 shares 1,000,000$10M0.52%newTimeline
RIORIO TINTO 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: not reported; 2025Q2: not reported; 2025Q3: 144,771 shares 144,771$9.56M0.49%newTimeline
CCJCAMECO 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: 109,519 shares 109,519$9.18M0.47%newTimeline
MTZMASTEC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 74,294 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 42,276 shares 42,276$9M0.46%newTimeline
WULFTERAWULF INCQuarterly 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: 772,695 shares 772,695$8.82M0.45%newTimeline
NXTNEXTPOWER INCQuarterly 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: 118,822 shares 118,822$8.79M0.45%newTimeline
WWDWOODWARD INCQuarterly 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: 34,494 shares 34,494$8.72M0.45%newTimeline
FEFIRSTENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 424,985 shares; 2024Q4: 339,117 shares; 2025Q1: 468,512 shares; 2025Q2: 395,124 shares; 2025Q3: 190,185 shares 190,185$8.71M0.45%-204,939Timeline
VALVALARIS LTDQuarterly 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: 173,251 shares 173,251$8.45M0.44%newTimeline
XPROEXPRO GROUP HOLDINGS NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 288,301 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 687,085 shares 687,085$8.16M0.42%newTimeline
CHRWC H ROBINSON WORLDWIDE INQuarterly 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: 61,593 shares 61,593$8.15M0.42%newTimeline
XIFRXPLR INFRASTRUCTURE LPQuarterly 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: 738,933 shares; 2025Q2: 738,933 shares; 2025Q3: 778,109 shares 778,109$7.91M0.41%+39,176Timeline
OROR ROYALTIES INC.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: 187,197 shares; 2025Q3: 194,419 shares 194,419$7.79M0.4%+7,222Timeline
LBRTLIBERTY ENERGY INCQuarterly 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: 610,588 shares 610,588$7.53M0.39%newTimeline
GPORGULFPORT ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 57,745 shares; 2025Q1: not reported; 2025Q2: 37,872 shares; 2025Q3: 39,287 shares 39,287$7.11M0.37%+1,415Timeline
BKVBKV CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 924,851 shares; 2024Q4: 418,026 shares; 2025Q1: 615,089 shares; 2025Q2: 219,227 shares; 2025Q3: 306,955 shares 306,955$7.1M0.37%+87,728Timeline
NWENORTHWESTERN ENERGY GROUP INQuarterly 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: 122,414 shares; 2025Q3: 115,686 shares 115,686$6.78M0.35%-6,728Timeline
KRPKIMBELL RTY PARTNERS LPQuarterly 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: 450,000 shares; 2025Q2: 450,000 shares; 2025Q3: 473,709 shares 473,709$6.39M0.33%+23,709Timeline
BGBUNGE GLOBAL 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: 260,670 shares; 2025Q2: 299,307 shares; 2025Q3: 73,475 shares 73,475$5.97M0.31%-225,832Timeline
CRCCALIFORNIA RES 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: 100,507 shares 100,507$5.34M0.28%newTimeline
CRSCARPENTER TECHNOLOGY 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: 57,239 shares; 2025Q3: 20,463 shares 20,463$5.02M0.26%-36,776Timeline
INRINFINITY NAT RES INCQuarterly 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: 400,000 shares; 2025Q2: 359,006 shares; 2025Q3: 373,256 shares 373,256$4.89M0.25%+14,250Timeline
BDCBELDEN INCQuarterly 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: 38,959 shares 38,959$4.69M0.24%newTimeline
SRSPIRE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 132,075 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 55,624 shares 55,624$4.53M0.23%newTimeline
AGXARGAN INCQuarterly 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: 16,223 shares 16,223$4.38M0.23%newTimeline
CDLRCADELER A SQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 114,641 shares; 2024Q4: 114,641 shares; 2025Q1: 134,950 shares; 2025Q2: 180,566 shares; 2025Q3: 189,196 shares 189,196$3.91M0.2%+8,630Timeline
ENPHENPHASE ENERGY INCQuarterly 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: 105,418 shares 105,418$3.73M0.19%newTimeline
SOCSABLE OFFSHORE 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: 200,000 shares 200,000$3.49M0.18%newTimeline
FLSFLOWSERVE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 47,841 shares; 2024Q4: 105,924 shares; 2025Q1: not reported; 2025Q2: 160,008 shares; 2025Q3: 62,163 shares 62,163$3.3M0.17%-97,845Timeline
CEPFCANTOR EQUITY PARTNERS IV INQuarterly 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: 300,000 shares 300,000$3.06M0.16%newTimeline
ATKRATKORE INCQuarterly 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: 41,236 shares 41,236$2.59M0.13%newTimeline
LBLANDBRIDGE COMPANY LLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 270,062 shares; 2024Q4: 249,875 shares; 2025Q1: 27,700 shares; 2025Q2: not reported; 2025Q3: 44,424 shares 44,424$2.37M0.12%newTimeline
OPALOPAL FUELS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 700,054 shares; 2024Q4: 700,054 shares; 2025Q1: 711,508 shares; 2025Q2: 711,508 shares; 2025Q3: 741,775 shares 741,775$1.63M0.08%+30,267Timeline
ATIATI INCQuarterly 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: 135,246 shares; 2025Q3: 15,844 shares 15,844$1.29M0.07%-119,402Timeline
EEEXCELERATE ENERGY INCQuarterly 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: 325,000 shares; 2025Q3: 46,986 shares 46,986$1.18M0.06%-278,014Timeline
SEISOLARIS ENERGY INFRAS INCQuarterly 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: 25,453 shares 25,453$1.02M0.05%newTimeline
GSR III ACQUISITION CORPGSR III ACQUISITION 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: 29,388 shares; 2025Q3: 30,511 shares 30,511$316K0.02%+1,123
PAIIPYROPHYTE ACQUISITION 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: not reported; 2025Q2: not reported; 2025Q3: 20,708 shares 20,708$206K0.01%newTimeline
PYROPHYTE ACQUISITION CORP.PYROPHYTE ACQUISITION 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: not reported; 2025Q2: not reported; 2025Q3: 10,354 shares 10,354$3.62K<0.01%new

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
SPYSTATE STR SPDR S&P 500 ETF T SHSput250,000$167Mnew
EOGEOG RES INC Stockput1,000,000$112Mnew
VGVENTURE GLOBAL INC COM CL Aput5,065,300$71.9M+3,165,300
HALHALLIBURTON CO Stockcall1,946,600$47.9Mnew
CFCF INDUSTRIES HOLD Stockcall500,000$44.9Mnew
AESAES CORP Stockcall2,593,200$34.1M+1,093,200
TSLATESLA INC COMput62,200$27.7M-37,800
EQTEQT CORP Stockcall500,000$27.2Mnew
XOPSPDR SERIES TRUST S&P OILGAS EXPcall190,000$25.1Mnew
EOGEOG RES INC Stockcall200,000$22.4Mnew
IRINGERSOLL RAND INC Stockput250,000$20.7Mnew
PBFPBF ENERGY INC CL Aput500,000$15.1Mnew
SEISOLARIS ENERGY INFRAS INC Stockput353,700$14.1Mnew
PRPERMIAN RESOURCES CORP Stockcall1,029,800$13.2Mnew
TALOTALOS ENERGY INC COMput810,800$7.78M+210,800
SHLSSHOALS TECHNOLOGIES GROUP IN Stockcall1,000,000$7.41Mnew
TET1 ENERGY INC Stockput3,034,500$6.62Mnew
MSTRSTRATEGY INC Stockput15,200$4.9M+500
SOCSABLE OFFSHORE CORP COM SHSput103,500$1.81Mnew
TXNMTXNM ENERGY INC Stockput18,200$1.03M0

Sold out in Q3 2025

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

SecurityShares beforeValue beforeType
DDOMINION ENERGY INC1,250,000$70.7Mput
XLUSELECT SECTOR SPDR TR750,000$61.2Mput
HYGISHARES TR750,000$60.5Mput
AEPAMERICAN ELEC PWR CO INC457,880$47.5Mshares
EXEEXPAND ENERGY CORPORATION400,000$46.8Mput
DOWDOW HLDGS INC1,500,000$39.7Mput
NINISOURCE INC909,161$36.7Mshares
HESS CORPHESS CORP254,343$35.2Mshares
CSXCSX CORP1,036,094$33.8Mshares
DINOHF SINCLAIR CORP808,300$33.2Mcall
WMBWILLIAMS COS INC500,000$31.4Mcall
ALBALBEMARLE CORP500,000$31.3Mput
EDCONSOLIDATED EDISON INC300,000$30.1Mput
PWRQUANTA SVCS INC73,521$27.8Mshares
ADMARCHER DANIELS MIDLAND CO494,284$26.1Mshares
VRTVERTIV HOLDINGS CO200,000$25.7Mput
PRIMPRIMORIS SVCS CORP323,931$25.2Mshares
ETNEATON CORP PLC70,000$25Mput
PSXPHILLIPS 66200,000$23.9Mput
XELXCEL ENERGY INC300,000$20.4Mcall
PORPORTLAND GEN ELEC CO500,000$20.3Mput
VSTVISTRA CORP100,000$19.4Mcall
GFLGFL ENVIRONMENTAL INC360,249$18.2Mshares
FCXFREEPORT MCMORAN INC400,524$17.4Mshares
NEENEXTERA ENERGY INC250,000$17.4Mput
CTRACOTERRA ENERGY INC656,937$16.7Mshares
FSLRFIRST SOLAR INC100,000$16.6Mcall
ETNEATON CORP PLC44,621$15.9Mshares
DARDARLING INGREDIENTS INC365,841$13.9Mshares
MPCMARATHON PETE CORP83,352$13.8Mshares
XELXCEL ENERGY INC201,545$13.7Mshares
CVECENOVUS ENERGY INC1,000,000$13.6Mcall
DOWDOW HLDGS INC500,000$13.2Mcall
TECKTECK RESOURCES LTD262,733$10.6Mshares
TLNTALEN ENERGY CORP27,839$8.09Mshares
FMCFMC CORP189,694$7.92Mshares
CECELANESE CORP DEL141,086$7.81Mshares
CTVACORTEVA INC104,640$7.8Mshares
ARRYARRAY TECHNOLOGIES INC1,302,064$7.68Mshares
EQNREQUINOR ASA300,000$7.54Mput
ECVTECOVYST INC900,000$7.41Mshares
DBRGDIGITALBRIDGE GROUP INC684,215$7.08Mshares
SOLARIS ENERGY INFRAS INCSOLARIS ENERGY INFRAS INC5,000$6.7Mprincipal
CCCHEMOURS CO500,000$5.72Mcall
TPLTEXAS PACIFIC LAND CORPORATI5,000$5.28Mput
NEXTNEXTDECADE CORP495,700$4.42Mcall
KNTKKINETIK HOLDINGS INC100,000$4.41Mshares
VGVENTURE GLOBAL INC280,000$4.36Mshares
RUNSUNRUN INC498,700$4.08Mcall
HUTHUT 8 CORP200,000$3.72Mcall
PPTAPERPETUA RESOURCES CORP201,554$2.45Mshares
WTRGESSENTIAL UTILS INC50,000$1.86Mshares
CORZCORE SCIENTIFIC INC NEW102,890$1.76Mshares
KBRKBR INC30,314$1.45Mshares
HESMHESS MIDSTREAM LP27,006$1.04Mshares
CLNECLEAN ENERGY FUELS CORP500,000$975Kcall
CNMCORE & MAIN INC12,212$737Kshares
PONYPONY AI INC39,320$519Kshares
HCM II ACQUISITION CORPHCM II ACQUISITION CORP35,139$390Kshares

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 0001755028-25-000007 base2025-11-14acceptance time not in the bulk data set