Deep Basin Capital 13F holdings, Q1 2020
Holdings as of March 31, 2020 · filings on SEC EDGAR · latest filing →
Deep Basin Capital disclosed 27 US equity positions worth $308.4m in its Q1 2020 13F filing. The largest position was BRIGHAM MINERALS INC at 8.2% of the reported book, followed by SPARTAN ENERGY ACQUISITON CO and CIMAREX ENERGY CO. Against the Q4 2019 filing, it opened 6 new positions, added to 10 and reduced 9 among the top 27 holdings.
What did Deep Basin Capital own in Q1 2020? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2019 |
|---|---|---|---|---|---|---|---|
| 1 | BRIGHAM MINERALS INC | 8.2% | $25.2m | 3,044,072 | 136% | added | |
| 2 | SPARTAN ENERGY ACQUISITON CO | 6.9% | $21.2m | 2,015,592 | 0% | held | |
| 3 | CIMAREX ENERGY CO | 6.6% | $20.3m | 1,205,475 | 34% | added | |
| 4 | CONCHO RES INC | 6.4% | $19.9m | 463,615 | -25% | reduced | |
| 5 | CTRA CABOT OIL & GAS CORP | 6.4% | $19.7m | 1,147,400 | -52% | reduced | |
| 6 | WHD CACTUS INC | Energy | 6.0% | $18.4m | 1,589,997 | 224% | added |
| 7 | CVX CHEVRON CORP NEW | Energy | 5.4% | $16.6m | 229,102 | – | new |
| 8 | EQUITRANS MIDSTREAM CORP | 5.3% | $16.3m | 3,249,044 | – | new | |
| 9 | EQNR EQUINOR ASA | Energy | 5.1% | $15.6m | 1,281,507 | 87% | added |
| 10 | PARSLEY ENERGY INC | 5.0% | $15.4m | 2,682,183 | 117% | added | |
| 11 | PLAINS GP HLDGS L P | 4.1% | $12.8m | 2,280,272 | 15% | added | |
| 12 | PDC ENERGY INC | 3.8% | $11.8m | 1,898,235 | – | new | |
| 13 | CHART INDS INC | 3.7% | $11.5m | 396,562 | – | new | |
| 14 | EQT EQT CORPORATION | Energy | 3.4% | $10.5m | 1,485,230 | 76% | added |
| 15 | BKR BAKER HUGHES COMPANY | Energy | 3.0% | $9.3m | 886,535 | -21% | reduced |
| 16 | WMB WILLIAMS COS INC | Energy | 2.3% | $7.1m | 500,628 | – | new |
| 17 | TALO TALOS ENERGY INC | Energy | 2.3% | $7.1m | 1,228,502 | – | new |
| 18 | EOG EOG RES INC | Energy | 2.1% | $6.6m | 184,469 | -23% | reduced |
| 19 | PUMP PROPETRO HLDG CORP | Energy | 2.1% | $6.6m | 2,630,013 | -36% | reduced |
| 20 | LNG CHENIERE ENERGY INC | Energy | 2.0% | $6.1m | 181,821 | 11% | added |
| 21 | WPX ENERGY INC | 1.8% | $5.7m | 1,865,697 | -43% | reduced | |
| 22 | CNQ CANADIAN NAT RES LTD | Energy | 1.7% | $5.3m | 387,882 | -52% | reduced |
| 23 | TRGP TARGA RES CORP | Energy | 1.7% | $5.3m | 761,259 | 5% | added |
| 24 | BP BP PLC | Energy | 1.7% | $5.2m | 211,141 | -71% | reduced |
| 25 | VIST VISTA OIL & GAS S A B DE C V | Energy | 1.2% | $3.7m | 1,856,449 | 41% | added |
| 26 | GOODRICH PETE CORP | 0.9% | $2.8m | 650,381 | 0% | held | |
| 27 | DVN DEVON ENERGY CORP NEW | Energy | 0.8% | $2.6m | 372,852 | -63% | reduced |
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.