Deep Basin Capital 13F holdings, Q3 2020
Holdings as of September 30, 2020 · filings on SEC EDGAR · latest filing →
Deep Basin Capital disclosed 27 US equity positions worth $573.7m in its Q3 2020 13F filing. The largest position was PDC ENERGY INC at 9.2% of the reported book, followed by CIMAREX ENERGY CO and CONCHO RES INC. Against the Q2 2020 filing, it opened 8 new positions, added to 14 and reduced 5 among the top 27 holdings.
What did Deep Basin Capital own in Q3 2020? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2020 |
|---|---|---|---|---|---|---|---|
| 1 | PDC ENERGY INC | 9.2% | $52.6m | 4,240,670 | 75% | added | |
| 2 | CIMAREX ENERGY CO | 8.9% | $51.3m | 2,110,306 | 20% | added | |
| 3 | CONCHO RES INC | 7.9% | $45.4m | 1,029,619 | 49% | added | |
| 4 | TRGP TARGA RES CORP | Energy | 7.0% | $40.1m | 2,855,206 | 109% | added |
| 5 | PARSLEY ENERGY INC | 6.8% | $39.0m | 4,162,371 | 52% | added | |
| 6 | WPX ENERGY INC | 6.3% | $36.2m | 7,379,903 | 67% | added | |
| 7 | DVN DEVON ENERGY CORP NEW | Energy | 6.1% | $35.1m | 3,706,460 | 911% | added |
| 8 | BRIGHAM MINERALS INC | 6.1% | $35.0m | 3,922,951 | 26% | added | |
| 9 | CHART INDS INC | 5.6% | $32.0m | 455,223 | -27% | reduced | |
| 10 | SPARTAN ENERGY ACQUISITION C | 5.6% | $31.9m | 2,213,888 | – | new | |
| 11 | HES HESS CORP | 4.4% | $25.2m | 615,489 | – | new | |
| 12 | CRK COMSTOCK RES INC | Energy | 4.0% | $23.0m | 5,243,626 | 106% | added |
| 13 | LNG CHENIERE ENERGY INC | Energy | 3.6% | $20.6m | 445,856 | 42% | added |
| 14 | WHD CACTUS INC | Energy | 3.4% | $19.6m | 1,023,247 | 91% | added |
| 15 | SLB SCHLUMBERGER LTD | Energy | 2.3% | $13.5m | 864,549 | -8% | reduced |
| 16 | 2676403D NEXTIER OILFIELD SOLUTIONS | 2.3% | $13.2m | 7,121,174 | 191% | added | |
| 17 | EQNR EQUINOR ASA | Energy | 2.1% | $12.0m | 852,688 | – | new |
| 18 | CNX CNX RES CORP | Energy | 1.5% | $8.6m | 916,241 | – | new |
| 19 | ENERPLUS CORP | 1.4% | $8.2m | 4,411,717 | 175% | added | |
| 20 | VIST VISTA OIL & GAS SAB DE CV | Energy | 1.4% | $8.1m | 3,588,907 | 63% | added |
| 21 | GOODRICH PETE CORP | 0.8% | $4.7m | 613,301 | -3% | reduced | |
| 22 | MUR MURPHY OIL CORP | Energy | 0.8% | $4.6m | 510,529 | – | new |
| 23 | STAR PEAK ENERGY TRANSITION | 0.7% | $4.0m | 386,782 | – | new | |
| 24 | SPARTAN ENERGY ACQUISITION C | 0.5% | $2.7m | 608,697 | – | new | |
| 25 | TTEN TOTAL SE | 0.4% | $2.5m | 72,254 | -58% | reduced | |
| 26 | BP BP PLC | Energy | 0.4% | $2.5m | 140,528 | -61% | reduced |
| 27 | DIAMONDPEAK HLDGS COR | 0.4% | $2.4m | 94,139 | – | new |
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.