Merewether Investment Management, LP 13F holdings, Q4 2024
Holdings as of December 31, 2024 · filings on SEC EDGAR · latest filing →
Merewether Investment Management, LP disclosed 52 US equity positions worth $2.5bn in its Q4 2024 13F filing. The largest position was TRGP at 6.7% of the reported book, followed by TRP and SHEL. Against the Q3 2024 filing, it opened 16 new positions, added to 17 and reduced 16 among the top 50 holdings.
What did Merewether Investment Management, LP own in Q4 2024? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TRGP TARGA RES CORP | Energy | 6.7% | $167.3m | 937,521 | 10% | added |
| 2 | TRP TC ENERGY CORP | Energy | 6.6% | $164.2m | 3,524,649 | -14% | reduced |
| 3 | SHEL SHELL PLC | Energy | 5.7% | $141.8m | 2,262,997 | 46% | added |
| 4 | COP CONOCOPHILLIPS | Energy | 5.6% | $139.2m | 1,404,145 | 18% | added |
| 5 | VST VISTRA CORP | Utilities | 5.4% | $134.4m | 975,142 | 11% | added |
| 6 | ETR ENTERGY CORP NEW | Utilities | 4.3% | $107.6m | 1,419,507 | – | new |
| 7 | EQT EQT CORP | Energy | 4.0% | $99.4m | 2,156,322 | 25% | added |
| 8 | GEV GE VERNOVA INC | Industrials | 3.3% | $83.0m | 252,269 | -59% | reduced |
| 9 | PPL PPL CORP | Utilities | 2.8% | $70.1m | 2,158,446 | – | new |
| 10 | PNW PINNACLE WEST CAP CORP | Utilities | 2.8% | $69.2m | 816,710 | – | new |
| 11 | CVE CENOVUS ENERGY INC | Energy | 2.6% | $65.3m | 4,311,674 | -12% | reduced |
| 12 | AR ANTERO RESOURCES CORP | Energy | 2.5% | $63.3m | 1,806,095 | -9% | reduced |
| 13 | FLEX FLEX LTD | Technology | 2.5% | $62.8m | 1,634,987 | 17% | added |
| 14 | NGG NATIONAL GRID PLC | Utilities | 2.5% | $62.6m | 1,053,461 | 10% | added |
| 15 | CVX CHEVRON CORP NEW | Energy | 2.2% | $53.9m | 371,896 | 352% | added |
| 16 | PR PERMIAN RESOURCES CORP | Energy | 2.1% | $52.1m | 3,621,015 | -23% | reduced |
| 17 | ET ENERGY TRANSFER L P | Energy | 2.0% | $51.3m | 2,618,212 | 36% | added |
| 18 | EXE EXPAND ENERGY CORPORATION | Energy | 2.0% | $49.8m | 499,891 | – | new |
| 19 | TLN TALEN ENERGY CORP | Utilities | 2.0% | $49.4m | 245,208 | -57% | reduced |
| 20 | ATO ATMOS ENERGY CORP | Utilities | 1.9% | $47.8m | 343,343 | – | new |
| 21 | NI NISOURCE INC | Utilities | 1.9% | $47.4m | 1,289,157 | – | new |
| 22 | MTZ MASTEC INC | Industrials | 1.9% | $46.6m | 342,383 | – | new |
| 23 | SOBO SOUTH BOW CORP | 1.8% | $46.0m | 1,952,495 | – | new | |
| 24 | OGE OGE ENERGY CORP | Utilities | 1.8% | $44.5m | 1,078,061 | – | new |
| 25 | PSX PHILLIPS 66 | Energy | 1.8% | $44.3m | 388,740 | – | new |
| 26 | VNOM VIPER ENERGY INC | 1.7% | $43.0m | 875,361 | 2% | added | |
| 27 | EXMOC EXXON MOBIL CORP | 1.7% | $42.3m | 393,351 | 28% | added | |
| 28 | KGS KODIAK GAS SVCS INC | Energy | 1.5% | $38.2m | 934,499 | 259% | added |
| 29 | VLO VALERO ENERGY CORP | Energy | 1.5% | $36.9m | 300,672 | 198% | added |
| 30 | FANG DIAMONDBACK ENERGY INC | Energy | 1.4% | $36.0m | 219,959 | -60% | reduced |
| 31 | FSLR FIRST SOLAR INC | Technology | 1.3% | $32.0m | 181,328 | -44% | reduced |
| 32 | WLK WESTLAKE CORPORATION | Basic Materials | 1.3% | $31.4m | 273,637 | 2% | added |
| 33 | CCJ CAMECO CORP | Energy | 1.2% | $29.9m | 582,723 | 7% | added |
| 34 | EPD ENTERPRISE PRODS PARTNERS L | Energy | 1.1% | $26.9m | 856,200 | -19% | reduced |
| 35 | HCC WARRIOR MET COAL INC | Basic Materials | 1.1% | $26.8m | 494,481 | -38% | reduced |
| 36 | KGC KINROSS GOLD CORP | Basic Materials | 0.9% | $23.8m | 2,563,602 | – | new |
| 37 | TS TENARIS S A | Energy | 0.8% | $20.3m | 536,413 | – | new |
| 38 | TECK TECK RESOURCES LTD | Basic Materials | 0.8% | $19.8m | 488,476 | 78% | added |
| 39 | BKV BKV CORP | 0.8% | $19.4m | 814,335 | 2% | added | |
| 40 | CNQ CANADIAN NAT RES LTD | Energy | 0.8% | $19.3m | 623,769 | -52% | reduced |
| 41 | MTDR MATADOR RES CO | Energy | 0.6% | $15.7m | 279,071 | – | new |
| 42 | EXP EAGLE MATLS INC | Basic Materials | 0.6% | $15.4m | 62,296 | -21% | reduced |
| 43 | FTI TECHNIPFMC PLC | Energy | 0.6% | $14.0m | 485,379 | -50% | reduced |
| 44 | KNTK KINETIK HOLDINGS INC | Energy | 0.5% | $11.3m | 198,844 | -70% | reduced |
| 45 | RS RELIANCE INC | Basic Materials | 0.4% | $10.0m | 37,000 | – | new |
| 46 | LPX LOUISIANA PAC CORP | Industrials | 0.3% | $6.9m | 66,157 | -51% | reduced |
| 47 | ITRI ITRON INC | Technology | 0.3% | $6.8m | 62,967 | -59% | reduced |
| 48 | LNG CHENIERE ENERGY INC | Energy | 0.2% | $6.1m | 28,500 | 0% | held |
| 49 | BTU PEABODY ENERGY CORP | Energy | 0.1% | $3.6m | 173,566 | – | new |
| 50 | PAAS PAN AMERN SILVER CORP | Basic Materials | 0.1% | $3.6m | 175,575 | – | 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.