Condire Management, LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Condire Management, LP disclosed 22 US equity positions worth $668.8m in its Q1 2025 13F filing. The largest position was NGDN at 18.2% of the reported book, followed by VALARIS LTD and SEADRILL LTD. Against the Q4 2024 filing, it opened 4 new positions, added to 5 and reduced 5 among the top 22 holdings.
What did Condire Management, LP own in Q1 2025? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | NGDN NEW GOLD INC CDA | 18.2% | $121.5m | 32,739,918 | 0% | held | |
| 2 | VALARIS LTD | 16.8% | $112.5m | 2,864,986 | 9% | added | |
| 3 | SEADRILL LTD | 11.5% | $76.8m | 3,070,703 | 1% | added | |
| 4 | CHRD CHORD ENERGY CORPORATION | Energy | 9.0% | $59.9m | 531,291 | -3% | reduced |
| 5 | HBM HUDBAY MINERALS INC | Basic Materials | 7.1% | $47.6m | 6,275,553 | 24% | added |
| 6 | RYAM RAYONIER ADVANCED MATLS INC | Basic Materials | 5.5% | $36.5m | 6,356,130 | 0% | held |
| 7 | CVE CENOVUS ENERGY INC | Energy | 4.4% | $29.3m | 2,108,306 | 0% | held |
| 8 | NEM NEWMONT CORP | Basic Materials | 4.3% | $29.0m | 600,000 | – | new |
| 9 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 2.9% | $19.2m | 177,022 | -56% | reduced |
| 10 | NPDEUR OSISKO DEVELOPMENT CORP | 2.8% | $18.7m | 12,551,934 | 80063% | added | |
| 11 | SBSW SIBANYE STILLWATER LTD | Basic Materials | 2.6% | $17.4m | 3,790,555 | 0% | held |
| 12 | CNR CORE NATURAL RESOURCES INC | Energy | 2.3% | $15.5m | 201,663 | – | new |
| 13 | CDLR CADELER A S | 1.8% | $12.3m | 624,400 | 0% | held | |
| 14 | TDW TIDEWATER INC NEW | Energy | 1.8% | $12.1m | 285,900 | 0% | held |
| 15 | XOP SPDR SER TR | 1.7% | $11.6m | 87,889 | 4% | added | |
| 16 | 8LP1 VITAL ENERGY INC | 1.7% | $11.3m | 530,981 | -14% | reduced | |
| 17 | CIVI CIVITAS RESOURCES INC | 1.5% | $10.1m | 289,764 | -13% | reduced | |
| 18 | PPTA PERPETUA RESOURCES CORP | 1.4% | $9.5m | 890,459 | 0% | held | |
| 19 | XLE SELECT SECTOR SPDR TR | 1.1% | $7.5m | 80,000 | -42% | reduced | |
| 20 | INSW INTERNATIONAL SEAWAYS INC | Energy | 1.0% | $6.5m | 194,763 | – | new |
| 21 | TSAKOS ENERGY NAVIGATION LTD | 0.5% | $3.3m | 190,977 | – | new | |
| 22 | MUX MCEWEN MNG INC | 0.1% | $853.1k | 113,000 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.