Deep Basin Capital: 13F holdings, Q1 2021
Emerging, concentrated · SEC EDGAR filings (CIK 0001719655) · Explore on the interactive board
Deep Basin Capital disclosed 1 US equity positions worth $0 in its Q1 2021 13F filing (holdings as of March 31, 2021, filed May 17, 2021). The top ten holdings are 62.4% of the book, and the portfolio behaves like about 19 equal-weight positions. Versus the prior filing it opened 0 new positions, added to 0, reduced 0 and exited 25. Note: this manager's most recent filing is 21 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Deep Basin Capital own? Top holdings as of March 31, 2021
Change is measured in shares against the previous filing, so price moves do not read as decisions. This quarter: 0 new, 0 added, 0 reduced, 25 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|
What did Deep Basin Capital sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| PDC ENERGY INC | 10.5% | $47.0m |
| CIMAREX ENERGY CO | 9.6% | $42.8m |
| BRIGHAM MINERALS INC | 6.5% | $29.1m |
| EQT EQT CORP | 5.9% | $26.2m |
| CRK COMSTOCK RES INC | 5.5% | $24.6m |
| CONCHO RES INC | 5.5% | $24.4m |
| 2676403D NEXTIER OILFIELD SOLUTIONS | 5.2% | $23.4m |
| TRGP TARGA RES CORP | 5.1% | $22.9m |
| DVN DEVON ENERGY CORP NEW | 4.8% | $21.5m |
| LNG CHENIERE ENERGY INC | 3.8% | $17.0m |
| STAR PEAK ENERGY TRANSITION | 3.8% | $16.9m |
| RDS/A ROYAL DUTCH SHELL PLC | 3.4% | $15.4m |
| EQNR EQUINOR ASA | 3.3% | $14.6m |
| SU SUNCOR ENERGY INC NEW | 3.2% | $14.5m |
| CNX CNX RES CORP | 3.2% | $14.1m |
| HES HESS CORP | 3.1% | $13.7m |
| PARSLEY ENERGY INC | 3.0% | $13.3m |
| WPX ENERGY INC | 2.9% | $13.0m |
| VIST VISTA OIL & GAS SAB DE CV | 2.4% | $10.8m |
| CHART INDS INC | 2.3% | $10.5m |
| WHD CACTUS INC | 2.2% | $9.7m |
| RICE ACQUISITION CORP | 2.1% | $9.6m |
| GOODRICH PETE CORP | 1.4% | $6.4m |
| RRC RANGE RES CORP | 0.6% | $2.7m |
| BLDP BALLARD PWR SYS INC NEW | 0.4% | $2.0m |
Sector mix
| Sector | Weight |
|---|
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Deep Basin Capital's portfolio?
Across every quarter Deep Basin Capital has filed, its median largest position is 8.2% of the book and its median top-ten weight is 61.2%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 49 completed holding spells, the median lasted 2.0 quarters; 26 positions are still open and their final length is unknown.