Condire Management, LP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Condire Management, LP disclosed 27 US equity positions worth $694.3m in its Q2 2025 13F filing. The largest position was NGDN at 23.3% of the reported book, followed by HBM and CHRD. Against the Q1 2025 filing, it opened 7 new positions, added to 2 and reduced 6 among the top 27 holdings.
What did Condire Management, LP own in Q2 2025? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NGDN NEW GOLD INC CDA | 23.3% | $162.1m | 32,739,918 | 0% | held | |
| 2 | HBM HUDBAY MINERALS INC | Basic Materials | 11.1% | $77.2m | 7,275,553 | 16% | added |
| 3 | CHRD CHORD ENERGY CORPORATION | Energy | 7.4% | $51.5m | 531,291 | 0% | held |
| 4 | VALARIS LTD | 7.0% | $48.8m | 1,158,651 | -60% | reduced | |
| 5 | IAUX I-80 GOLD CORP | 6.9% | $47.9m | 80,000,000 | – | new | |
| 6 | SBSW SIBANYE STILLWATER LTD | Basic Materials | 6.6% | $46.1m | 6,386,739 | 68% | added |
| 7 | SEADRILL LTD | 4.8% | $33.6m | 1,279,968 | -58% | reduced | |
| 8 | NPDEUR OSISKO DEVELOPMENT CORP | 3.9% | $26.9m | 12,551,934 | 0% | held | |
| 9 | SSRM SSR MINING IN | Basic Materials | 3.8% | $26.2m | 2,053,891 | – | new |
| 10 | RYAM RAYONIER ADVANCED MATLS INC | Basic Materials | 3.5% | $24.5m | 6,356,130 | 0% | held |
| 11 | XLB SELECT SECTOR SPDR TR | 2.9% | $20.0m | 227,517 | – | new | |
| 12 | CVE CENOVUS ENERGY INC | Energy | 2.2% | $15.0m | 1,100,000 | -48% | reduced |
| 13 | CNR CORE NATURAL RESOURCES INC | Energy | 2.0% | $14.1m | 201,663 | 0% | held |
| 14 | TDW TIDEWATER INC NEW | Energy | 1.9% | $13.2m | 285,900 | 0% | held |
| 15 | CDLR CADELER A S | 1.8% | $12.4m | 624,400 | 0% | held | |
| 16 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 1.6% | $11.3m | 95,186 | -46% | reduced |
| 17 | PPTA PERPETUA RESOURCES CORP | 1.6% | $10.8m | 890,459 | 0% | held | |
| 18 | XME SPDR SERIES TRUST | 1.5% | $10.2m | 152,085 | – | new | |
| 19 | 8LP1 VITAL ENERGY INC | 1.2% | $8.5m | 530,981 | 0% | held | |
| 20 | INSW INTERNATIONAL SEAWAYS INC | Energy | 1.0% | $7.1m | 194,763 | 0% | held |
| 21 | HL HECLA MNG CO | Basic Materials | 0.9% | $6.0m | 1,000,000 | – | new |
| 22 | CIVI CIVITAS RESOURCES INC | 0.8% | $5.5m | 200,000 | -31% | reduced | |
| 23 | EXK ENDEAVOUR SILVER CORP | Basic Materials | 0.7% | $4.9m | 1,000,000 | – | new |
| 24 | CDE COEUR MNG INC | Basic Materials | 0.6% | $4.4m | 500,000 | – | new |
| 25 | TSAKOS ENERGY NAVIGATION LTD | 0.5% | $3.7m | 190,977 | 0% | held | |
| 26 | XLE SELECT SECTOR SPDR TR | 0.2% | $1.5m | 18,030 | -77% | reduced | |
| 27 | MUX MCEWEN INC. | 0.2% | $1.1m | 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.